# EDGAR Filing Document

**Accession Number:** 0001028621
**File Stem:** 0001410368-26-019025
**Filing Date:** 2026-2
**Character Count:** 1438824
**Document Hash:** 12fed0c14d4e6d401fbf4604ee4f5c9f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-019025.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0001410368-26-019025

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TCW Metropolitan West Funds
- **CENTRAL INDEX KEY:** 0001028621

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07989
- **FILM NUMBER:** 26685783

**BUSINESS ADDRESS:**
- **STREET 1:** 515 SOUTH FLOWER ST
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071
- **BUSINESS PHONE:** 213-244-0000

**MAIL ADDRESS:**
- **STREET 1:** 515 SOUTH FLOWER ST
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** METROPOLITAN WEST FUNDS
- **DATE OF NAME CHANGE:** 19961209

## Series and Classes Contracts Data

### TCW METWEST TOTAL RETURN BOND FUND (Series ID: S000001147)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000003065 | CLASS I              | MWTIX           |
| C000003066 | CLASS M              | MWTRX           |
| C000058170 | Administrative Class | MWTNX           |
| C000102908 | Plan Class           | MWTSX           |
| C000218401 | Class I-2            | MWTTX           |
| C000263829 | Class I-3            |  |

## Nport-Ex

---

| | |
|:---|:---|
| **TCW MetWest High Yield Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** | **Value** | **Value** |
|  **FIXED INCOME SECURITIES — 92.3% of Net Assets** |  |  |  |  |  |
|  **CORPORATE BONDS** — **84.1%** |  |  |  |  |  |
|  **Advertising — 0.5%** |  |  |  |  |  |
|  Clear Channel Outdoor Holdings, Inc.<br>7.13%<sup>(1)</sup> | 02/15/31 | $| 875000 | $| 916746 |
|  Neptune Bidco U.S., Inc.<br>10.38%<sup>(1)</sup> | 05/15/31 |  | 1240000 |  | 1272265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Advertising** (Cost: $2,115,000) |  |  |  |  | 2189011 |
|  **Aerospace & Defense** — **2.5%** | **Aerospace & Defense** — **2.5%** | **Aerospace & Defense** — **2.5%** | **Aerospace & Defense** — **2.5%** | **Aerospace & Defense** — **2.5%** | **Aerospace & Defense** — **2.5%** |
|  ATI, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13% | 10/01/31 |  | 857000 |  | 858954 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25% | 08/15/30 |  | 550000 |  | 580756 |
|  General Electric Co.<br>4.59% (3 mo. USD Term SOFR + 0.742%)<sup>(2)</sup> | 08/15/36 |  | 1300000 |  | 1227343 |
|  TransDigm, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%<sup>(1)</sup> | 05/31/33 |  | 2606000 |  | 2676492 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%<sup>(1)</sup> | 03/01/29 |  | 4143000 |  | 4280713 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%<sup>(1)</sup> | 12/15/30 |  | 905000 |  | 947499 |
|  |  |  |  |  | 10571757 |
|  **Airlines** — **0.6%** | **Airlines** — **0.6%** | **Airlines** — **0.6%** | **Airlines** — **0.6%** | **Airlines** — **0.6%** | **Airlines** — **0.6%** |
|  American Airlines, Inc./AAdvantage Loyalty IP Ltd.<br>5.75%<sup>(1)</sup> | 04/20/29 |  | 1495000 |  | 1523211 |
|  JetBlue Airways Corp./JetBlue Loyalty LP<br>9.88%<sup>(1)</sup> | 09/20/31 |  | 980000 |  | 987908 |
|  |  |  |  |  | 2511119 |
|  **Apparel** — **0.8%** | **Apparel** — **0.8%** | **Apparel** — **0.8%** | **Apparel** — **0.8%** | **Apparel** — **0.8%** | **Apparel** — **0.8%** |
|  Crocs, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%<sup>(1)</sup> | 08/15/31 |  | 3144000 |  | 2912727 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%<sup>(1)</sup> | 03/15/29 |  | 630000 |  | 610313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Apparel** (Cost: $3,428,237) |  |  |  |  | 3523040 |
|  **Auto Manufacturers** — **0.5%** | **Auto Manufacturers** — **0.5%** | **Auto Manufacturers** — **0.5%** | **Auto Manufacturers** — **0.5%** | **Auto Manufacturers** — **0.5%** | **Auto Manufacturers** — **0.5%** |
|  Allison Transmission, Inc.<br>3.75%<sup>(1)</sup> | 01/30/31 |  | 1180000 |  | 1112280 |
|  Aston Martin Capital Holdings Ltd. (Jersey)<br>10.00%<sup>(1)</sup> | 03/31/29 |  | 395000 |  | 367065 |
|  Volkswagen International Finance NV (Germany)<br>7.88% (9 yr. EUR Swap + 4.783%)<sup>(2),(3),(4)</sup> | 09/06/32 | EUR | 600000 |  | 812633 |
|  |  |  |  |  | 2291978 |
|  **Auto Parts & Equipment** — **0.6%** | **Auto Parts & Equipment** — **0.6%** | **Auto Parts & Equipment** — **0.6%** | **Auto Parts & Equipment** — **0.6%** | **Auto Parts & Equipment** — **0.6%** | **Auto Parts & Equipment** — **0.6%** |
|  Forvia SE (France)<br>8.00%<sup>(1)</sup> | 06/15/30 |  | 645000 |  | 691292 |
|  ZF North America Capital, Inc. (Germany) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%<sup>(1)</sup> | 04/23/32 |  | 1685000 |  | 1641308 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%<sup>(1)</sup> | 03/24/31 |  | 350000 |  | 354333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Auto Parts & Equipment** (Cost: $2,540,533) |  |  |  |  | 2686933 |
|  **Banks** — **2.7%** | **Banks** — **2.7%** | **Banks** — **2.7%** | **Banks** — **2.7%** | **Banks** — **2.7%** | **Banks** — **2.7%** |
|  Bank of America Corp.<br>4.38% (5 yr. CMT + 2.760%)<sup>(2),(4)</sup> | 01/27/27 |  | 2040000 |  | 2022334 |
|  Bank of New York Mellon Corp.<br>3.75% (5 yr. CMT + 2.630%)<sup>(2),(4)</sup> | 12/20/26 |  | 2515000 |  | 2479639 |
|  Citigroup, Inc.<br>6.63% (5 yr. CMT + 3.001%)<sup>(2),(4)</sup> | 02/15/31 |  | 2535000 |  | 2571834 |
|  JPMorgan Chase & Co.<br>3.65% (5 yr. CMT + 2.850%)<sup>(2),(4)</sup> | 06/01/26 |  | 805000 |  | 800894 |
|  PNC Financial Services Group, Inc.<br>3.40% (5 yr. CMT + 2.595%)<sup>(2),(4)</sup> | 09/15/26 |  | 3515000 |  | 3446598 |
|  |  |  |  |  | 11321299 |
|  **Biotechnology — 0.4%** |  |  |  |  |  |
|  Genmab AS Genmab Finance LLC (Denmark)<br>6.25%<sup>(1)</sup> | 12/15/32 |  | 1500000 |  | 1538520 |
|  **Building Materials** — **0.7%** |  |  |  |  |  |
|  JH North America Holdings, Inc.<br>5.88%<sup>(1)</sup> | 01/31/31 |  | 2100000 |  | 2146074 |
|  Quikrete Holdings, Inc.<br>6.75%<sup>(1)</sup> | 03/01/33 |  | 500000 |  | 522485 |
|  Standard Building Solutions, Inc.<br>6.50%<sup>(1)</sup> | 08/15/32 |  | 215000 |  | 221745 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Building Materials** (Cost: $2,817,824) |  |  |  |  | 2890304 |
|  **Chemicals** — **0.8%** |  |  |  |  |  |
|  Axalta Coating Systems LLC<br>3.38%<sup>(1)</sup> | 02/15/29 |  | 1183000 |  | 1139134 |
|  SCIH Salt Holdings, Inc.<br>4.88%<sup>(1)</sup> | 05/01/28 |  | 1022000 |  | 1022808 |
|  WR Grace Holdings LLC<br>7.38%<sup>(1)</sup> | 03/01/31 |  | 1035000 |  | 1061848 |
|  |  |  |  |  | 3223790 |
|  **Commercial Services** — **4.6%** |  |  |  |  |  |
|  ADT Security Corp.<br>5.88%<sup>(1)</sup> | 10/15/33 |  | 1255000 |  | 1273147 |
|  Adtalem Global Education, Inc.<br>5.50%<sup>(1)</sup> | 03/01/28 |  | 2036000 |  | 2037568 |
|  Aegis Lux 1a Sarl (Luxemburg)<br>5.63%<sup>(1),(5)</sup> | 10/29/31 | EUR | 900000 |  | 1072565 |
|  Albion Financing 1 SARL/Aggreko Holdings, Inc. (Luxemburg)<br>7.00%<sup>(1)</sup> | 05/21/30 |  | 1033000 |  | 1078793 |
|  Allied Universal Holdco LLC/Allied Universal Finance Corp.<br>6.88%<sup>(1)</sup> | 06/15/30 |  | 1200000 |  | 1250112 |
|  Block, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 06/01/31 |  | 1390000 |  | 1306517 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50% | 05/15/32 |  | 515000 |  | 535785 |
|  Carriage Services, Inc.<br>4.25%<sup>(1)</sup> | 05/15/29 |  | 1400000 |  | 1349838 |
|  Garda World Security Corp. (Canada)<br>8.38%<sup>(1)</sup> | 11/15/32 |  | 620000 |  | 632778 |
|  Grand Canyon University<br>5.13% | 10/01/28 |  | 1710000 |  | 1705229 |
|  Herc Holdings, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%<sup>(1)</sup> | 06/15/30 |  | 1550000 |  | 1632166 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%<sup>(1)</sup> | 06/15/33 |  | 450000 |  | 477369 |
|  ION Platform Finance U.S., Inc.<br>7.88%<sup>(1)</sup> | 09/30/32 |  | 300000 |  | 285171 |
|  Prime Security Services Borrower LLC/Prime Finance, Inc.<br>3.38%<sup>(1)</sup> | 08/31/27 |  | 300000 |  | 294657 |
|  Sabre Financial Borrower LLC<br>11.13%<sup>(1)</sup> | 06/15/29 |  | 650000 |  | 660179 |
|  Upbound Group, Inc.<br>6.38%<sup>(1)</sup> | 02/15/29 |  | 1095000 |  | 1080929 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest High Yield Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Commercial Services (Continued)** |  |  |  |
|  Valvoline, Inc.<br>3.63%<sup>(1)</sup> | 06/15/31 | $802000 | $737527 |
|  VT Topco, Inc.<br>8.50%<sup>(1)</sup> | 08/15/30 | 2041000 | 2132110 |
|  |  |  | 19542440 |
|  **Computers** — **1.4%** |  |  |  |
|  Insight Enterprises, Inc.<br>6.63%<sup>(1)</sup> | 05/15/32 | 1150000 | 1182626 |
|  McAfee Corp.<br>7.38%<sup>(1)</sup> | 02/15/30 | 1146000 | 1001764 |
|  NCR Voyix Corp.<br>5.13%<sup>(1)</sup> | 04/15/29 | 2015000 | 2003031 |
|  Science Applications International Corp.<br>5.88%<sup>(1)</sup> | 11/01/33 | 1485000 | 1506755 |
|  |  |  | 5694176 |
|  **Cosmetics/Personal Care** — **0.7%** |  |  |  |
|  Edgewell Personal Care Co.<br>4.13%<sup>(1)</sup> | 04/01/29 | 1120000 | 1071235 |
|  Prestige Brands, Inc.<br>3.75%<sup>(1)</sup> | 04/01/31 | 1847000 | 1727758 |
|  |  |  | 2798993 |
|  **Diversified Financial Services** — **1.9%** |  |  |  |
|  American Express Co.<br>3.55% (5 yr. CMT + 2.854%)<sup>(2),(4)</sup> | 09/15/26 | 2150000 | 2122115 |
|  GGAM Finance Ltd. (Ireland) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%<sup>(1)</sup> | 02/15/27 | 1275000 | 1306378 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%<sup>(1)</sup> | 06/15/28 | 352000 | 373208 |
|  Jane Street Group/JSG Finance, Inc.<br>6.13%<sup>(1)</sup> | 11/01/32 | 4137000 | 4213534 |
|  |  |  | 8015235 |
|  **Electric** — **4.3%** |  |  |  |
|  Alliant Energy Corp.<br>5.75% (5 yr. CMT + 2.077%)<sup>(2)</sup> | 04/01/56 | 2756000 | 2752886 |
|  Alpha Generation LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%<sup>(1)</sup> | 01/15/34 | 710000 | 717405 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%<sup>(1)</sup> | 10/15/32 | 1411000 | 1461838 |
|  American Electric Power Co., Inc.<br>6.05% (5 yr. CMT + 1.940%)<sup>(2)</sup> | 03/15/56 | 3445000 | 3389156 |
|  CenterPoint Energy, Inc.<br>5.95% (5 yr. CMT + 2.223%)<sup>(2)</sup> | 04/01/56 | 2700000 | 2722032 |
|  Dominion Energy, Inc.<br>6.20% (5 yr. CMT + 2.006%)<sup>(2)</sup> | 02/15/56 | 1480000 | 1490301 |
|  Entergy Corp.<br>5.88% (5 yr. CMT + 2.179%)<sup>(2)</sup> | 06/15/56 | 700000 | 700560 |
|  Southern Co.<br>3.75% (5 yr. CMT + 2.915%)<sup>(2)</sup> | 09/15/51 | 2374000 | 2344301 |
|  Vistra Operations Co. LLC<br>7.75%<sup>(1)</sup> | 10/15/31 | 680000 | 721528 |
|  WEC Energy Group, Inc.<br>5.63% (5 yr. CMT + 1.905%)<sup>(2)</sup> | 05/15/56 | 1685000 | 1698733 |
|  |  |  | 17998740 |
|  **Electrical Components & Equipment** — **0.5%** |  |  |  |
|  Energizer Holdings, Inc.<br>6.00%<sup>(1)</sup> | 09/15/33 | 2145000 | 2061002 |
|  **Electronics** — **0.5%** |  |  |  |
|  Coherent Corp.<br>5.00%<sup>(1)</sup> | 12/15/29 | 566000 | 565111 |
|  Sensata Technologies BV<br>4.00%<sup>(1)</sup> | 04/15/29 | 1545000 | 1511010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Electronics** (Cost: $1,975,974) |  |  | 2076121 |
|  **Entertainment** — **5.0%** |  |  |  |
|  Banijay Entertainment SAS (France)<br>8.13%<sup>(1)</sup> | 05/01/29 | 1040000 | 1080310 |
|  Brightstar Lottery PLC/ Brightstar Global Solutions Corp. (United Kingdom)<br>5.75%<sup>(1)</sup> | 01/15/33 | 645000 | 641001 |
|  Caesars Entertainment, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 02/15/32 | 2510000 | 2573478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%<sup>(1)</sup> | 02/15/30 | 225000 | 233276 |
|  Churchill Downs, Inc.<br>5.75%<sup>(1)</sup> | 04/01/30 | 1440000 | 1455120 |
|  Flutter Treasury DAC (Ireland)<br>5.88%<sup>(1)</sup> | 06/04/31 | 2200000 | 2232362 |
|  Great Canadian Gaming Corp./Raptor LLC (Canada)<br>8.75%<sup>(1)</sup> | 11/15/29 | 1065000 | 1077599 |
|  LHMC Finco 2 SARL (Luxemburg)<br>9.38%<sup>(1),(6)</sup> | 05/15/30 | 712406 | 871207 |
|  Light & Wonder International, Inc.<br>6.25%<sup>(1)</sup> | 10/01/33 | 2100000 | 2125830 |
|  Ontario Gaming GTA LP/OTG Co-Issuer, Inc. (Canada)<br>8.00%<sup>(1)</sup> | 08/01/30 | 1068000 | 1017313 |
|  Rivers Enterprise Borrower LLC/Rivers Enterprise Finance Corp.<br>6.63%<sup>(1)</sup> | 02/01/33 | 2000000 | 2048860 |
|  Rivers Enterprise Lender LLC/Rivers Enterprise Lender Corp.<br>6.25%<sup>(1)</sup> | 10/15/30 | 1483000 | 1513253 |
|  Voyager Parent LLC<br>9.25%<sup>(1)</sup> | 07/01/32 | 1110000 | 1178942 |
|  WarnerMedia Holdings, Inc.<br>5.05% | 03/15/42 | 4545000 | 3216315 |
|  |  |  | 21264866 |
|  **Environmental Control** — **0.6%** |  |  |  |
|  Luna 1.5 SARL (Luxemburg)<br>12.00%<sup>(1),(5)</sup> | 07/01/32 | 545000 | 573809 |
|  Luna 2 5SARL (Luxemburg)<br>5.50%<sup>(1)</sup> | 07/01/32 | 385000 | 460976 |
|  Waste Pro USA, Inc.<br>7.00%<sup>(1)</sup> | 02/01/33 | 1382000 | 1426721 |
|  |  |  | 2461506 |
|  **Food** — **1.4%** |  |  |  |
|  Post Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(1)</sup> | 09/15/31 | 3515000 | 3333942 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%<sup>(1)</sup> | 04/15/30 | 2700000 | 2630340 |
|  |  |  | 5964282 |
|  **Gas** — **1.4%** |  |  |  |
|  AmeriGas Partners LP/AmeriGas Finance Corp.<br>9.38%<sup>(1)</sup> | 06/01/28 | 1835000 | 1901409 |
|  NiSource, Inc.<br>5.75% (5 yr. CMT + 2.035%)<sup>(2)</sup> | 07/15/56 | 2190000 | 2207936 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest High Yield Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Gas (Continued)** |  |  |  |
|  Northwest Natural Holding Co.<br>7.00% (5 yr. CMT + 2.701%)<sup>(2)</sup> | 09/15/55 | $1625000 | $1691576 |
|  |  |  | 5800921 |
|  **Hand/Machine Tools** — **0.2%** |  |  |  |
|  IMA Industria Macchine Automatiche SpA (Italy)<br>5.78% (3 mo. EUR EURIBOR + 3.750%)<sup>(1),(2)</sup> | 04/15/29 | 850000 | 1010881 |
|  **Health Care-Products** — **0.7%** |  |  |  |
|  180 Medical, Inc. (United Kingdom)<br>3.88%<sup>(1)</sup> | 10/15/29 | 1250000 | 1216513 |
|  Teleflex, Inc.<br>4.25%<sup>(1)</sup> | 06/01/28 | 1729000 | 1708148 |
|  |  |  | 2924661 |
|  **Health Care-Services** — **4.6%** |  |  |  |
|  Centene Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45% | 07/15/28 | 2404000 | 2250697 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63% | 08/01/31 | 1219000 | 1048242 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 10/15/30 | 865000 | 774590 |
|  HAH Group Holding Co. LLC<br>9.75%<sup>(1)</sup> | 10/01/31 | 195000 | 182836 |
|  HealthEquity, Inc.<br>4.50%<sup>(1)</sup> | 10/01/29 | 1204000 | 1182858 |
|  Heartland Dental LLC/Heartland Dental Finance Corp.<br>10.50%<sup>(1)</sup> | 04/30/28 | 169000 | 177180 |
|  IQVIA, Inc.<br>6.25%<sup>(1)</sup> | 06/01/32 | 1535000 | 1606101 |
|  Kedrion SpA (Italy)<br>6.50%<sup>(1)</sup> | 09/01/29 | 2170000 | 2139403 |
|  ModivCare, Inc.<br>5.00%<sup>(1),(7),(8),(9),(10)</sup> | 10/01/29 | 3627750 | 54416 |
|  Molina Healthcare, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%<sup>(1)</sup> | 06/15/28 | 150000 | 147627 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%<sup>(1)</sup> | 01/15/33 | 1935000 | 1965012 |
|  Option Care Health, Inc.<br>4.38%<sup>(1)</sup> | 10/31/29 | 1000000 | 977410 |
|  Sotera Health Holdings LLC<br>7.38%<sup>(1)</sup> | 06/01/31 | 990000 | 1044569 |
|  Star Parent, Inc.<br>9.00%<sup>(1)</sup> | 10/01/30 | 700000 | 748510 |
|  Tenet Healthcare Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63% | 06/15/28 | 3800000 | 3809386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(1)</sup> | 11/15/32 | 1240000 | 1258352 |
|  |  |  | 19367189 |
|  **Household Products/Wares** — **0.4%** |  |  |  |
|  Spectrum Brands, Inc.<br>3.88%<sup>(1)</sup> | 03/15/31 | 2193000 | 1793830 |
|  **Housewares** — **0.7%** |  |  |  |
|  Central Garden & Pet Co.<br>4.13%<sup>(1)</sup> | 04/30/31 | 1215000 | 1145356 |
|  Newell Brands, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63% | 05/15/32 | 1313000 | 1273216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50% | 04/01/46 | 475000 | 397305 |
|  |  |  | 2815877 |
|  **Insurance** — **3.2%** |  |  |  |
|  Acrisure LLC/Acrisure Finance, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%<sup>(1)</sup> | 02/15/29 | 500000 | 488040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%<sup>(1)</sup> | 11/06/30 | 1915000 | 1995200 |
|  Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%<sup>(1)</sup> | 04/15/28 | 450000 | 459099 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%<sup>(1)</sup> | 01/15/31 | 930000 | 965796 |
|  AmWINS Group, Inc.<br>6.38%<sup>(1)</sup> | 02/15/29 | 545000 | 560489 |
|  Ardonagh Group Finance Ltd. (United Kingdom)<br>8.88%<sup>(1)</sup> | 02/15/32 | 540000 | 562010 |
|  Asurion LLC & Asurion Co-Issuer, Inc.<br>8.00%<sup>(1)</sup> | 12/31/32 | 3190000 | 3312783 |
|  Farmers Insurance Exchange<br>7.00% (10 yr. CMT + 3.864%)<sup>(1),(2)</sup> | 10/15/64 | 1650000 | 1693411 |
|  HUB International Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%<sup>(1)</sup> | 06/15/30 | 455000 | 477755 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.38%<sup>(1)</sup> | 01/31/32 | 2070000 | 2174494 |
|  Panther Escrow Issuer LLC<br>7.13%<sup>(1)</sup> | 06/01/31 | 695000 | 720958 |
|  |  |  | 13410035 |
|  **Internet** — **2.0%** |  |  |  |
|  Arches Buyer, Inc.<br>6.13%<sup>(1)</sup> | 12/01/28 | 1473000 | 1438016 |
|  Cogent Communications Group LLC/Cogent Finance, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 07/01/32 | 790000 | 740443 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%<sup>(1)</sup> | 06/15/27 | 1715000 | 1716749 |
|  Getty Images, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.50%<sup>(1)</sup> | 11/15/30 | 1070000 | 1080315 |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.25%<sup>(1)</sup> | 02/21/30 | 430000 | 403783 |
|  ION Platform Finance U.S., Inc./ION Platform Finance Sarl<br>8.75%<sup>(1)</sup> | 05/01/29 | 990000 | 1005038 |
|  Snap, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%<sup>(1)</sup> | 03/15/34 | 239000 | 246359 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%<sup>(1)</sup> | 03/01/33 | 1825000 | 1893967 |
|  |  |  | 8524670 |
|  **Investment Companies** — **0.8%** |  |  |  |
|  Icahn Enterprises LP/Icahn Enterprises Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% | 06/15/30 | 1310000 | 1254246 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.75% | 01/15/29 | 1000000 | 1000760 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.00%<sup>(1)</sup> | 11/15/29 | 1069000 | 1069139 |
|  |  |  | 3324145 |
|  **Iron & Steel** — **(0.2%)** |  |  |  |
|  Cleveland-Cliffs, Inc.<br>7.38%<sup>(1)</sup> | 05/01/33 | 1000000 | 1040610 |
|  **Leisure Time** — **0.3%** |  |  |  |
|  Sabre GLBL, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.75%<sup>(1)</sup> | 03/15/30 | 759000 | 624050 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.75%<sup>(1)</sup> | 11/15/29 | 596000 | 507124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Leisure Time** (Cost: $1,262,029) |  |  | 1131174 |
|  **Lodging** — **3.0%** |  |  |  |
|  Choice Hotels International, Inc.<br>5.85% | 08/01/34 | 1000000 | 1020570 |
|  Hilton Domestic Operating Co., Inc.<br>5.75%<sup>(1)</sup> | 09/15/33 | 850000 | 870239 |
|  Las Vegas Sands Corp.<br>6.00% | 06/14/30 | 1350000 | 1416271 |
|  MGM Resorts International<br>6.50% | 04/15/32 | 2192000 | 2259163 |
|  Wyndham Hotels & Resorts, Inc.<br>4.38%<sup>(1)</sup> | 08/15/28 | 2399000 | 2371987 |
|  Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.<br>5.25%<sup>(1)</sup> | 05/15/27 | 4854000 | 4884580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Lodging** (Cost: $12,409,755) |  |  | 12822810 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest High Yield Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Machinery-Diversified** — **0.3%** |  |  |  |
|  Oregon Tool Lux LP<br>7.88%<sup>(1)</sup> | 10/15/29 | $1117022 | $259238 |
|  TK Elevator U.S. Newco, Inc. (Germany)<br>5.25%<sup>(1)</sup> | 07/15/27 | 1180000 | 1183092 |
|  |  |  | 1442330 |
|  **Media** — **7.1%** |  |  |  |
|  AMC Networks, Inc.<br>10.25%<sup>(1)</sup> | 01/15/29 | 1261000 | 1324100 |
|  CCO Holdings LLC/CCO Holdings Capital Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50% | 05/01/32 | 620000 | 557417 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(1)</sup> | 06/01/33 | 3820000 | 3349567 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(1)</sup> | 02/01/28 | 470000 | 466466 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%<sup>(1)</sup> | 05/01/27 | 3025000 | 3023034 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%<sup>(1)</sup> | 06/01/29 | 1740000 | 1721243 |
|  CSC Holdings LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(1)</sup> | 01/15/30 | 1758000 | 649511 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 02/01/29 | 6863000 | 4556483 |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.75%<sup>(1)</sup> | 01/31/29 | 1513000 | 1128940 |
|  DISH DBS Corp.<br>5.13% | 06/01/29 | 1900000 | 1690772 |
|  DISH Network Corp.<br>11.75%<sup>(1)</sup> | 11/15/27 | 1470000 | 1530682 |
|  Gray Media, Inc.<br>10.50%<sup>(1)</sup> | 07/15/29 | 450000 | 484636 |
|  Scripps Escrow II, Inc.<br>3.88%<sup>(1)</sup> | 01/15/29 | 594000 | 546575 |
|  Sinclair Television Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%<sup>(1)</sup> | 12/31/32 | 300000 | 238608 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.13%<sup>(1)</sup> | 02/15/33 | 1612000 | 1686668 |
|  Sirius XM Radio LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(1)</sup> | 09/01/31 | 1578000 | 1453511 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(1)</sup> | 07/15/28 | 500000 | 489250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(1)</sup> | 07/01/29 | 770000 | 776753 |
|  Univision Communications, Inc.<br>8.00%<sup>(1)</sup> | 08/15/28 | 420000 | 435263 |
|  Virgin Media Secured Finance PLC (United Kingdom)<br>5.50%<sup>(1)</sup> | 05/15/29 | 972000 | 958159 |
|  VZ Secured Financing BV (Netherlands)<br>5.00%<sup>(1)</sup> | 01/15/32 | 3072000 | 2784000 |
|  |  |  | 29851638 |
|  **Mining** — **0.1%** |  |  |  |
|  Compass Minerals International, Inc.<br>8.00%<sup>(1)</sup> | 07/01/30 | 540000 | 565418 |
|  **Office/Business Equipment** — **0.2%** |  |  |  |
|  Zebra Technologies Corp.<br>6.50%<sup>(1)</sup> | 06/01/32 | 750000 | 776798 |
|  **Oil & Gas** — **2.1%** |  |  |  |
|  Hilcorp Energy I LP/Hilcorp Finance Co.<br>7.25%<sup>(1)</sup> | 02/15/35 | 1000000 | 951820 |
|  Matador Resources Co.<br>6.50%<sup>(1)</sup> | 04/15/32 | 630000 | 639286 |
|  Petroleos Mexicanos<br>5.95% | 01/28/31 | 524000 | 507342 |
|  Sunoco LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(1)</sup> | 03/15/34 | 2140000 | 2141348 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88% (5 yr. CMT + 4.230%)<sup>(1),(2),(4)</sup> | 09/18/30 | 3040000 | 3120895 |
|  Transocean International Ltd.<br>8.75%<sup>(1)</sup> | 02/15/30 | 427500 | 446806 |
|  Transocean Titan Financing Ltd.<br>8.38%<sup>(1)</sup> | 02/01/28 | 939048 | 960777 |
|  |  |  | 8768274 |
|  **Oil & Gas Services** — **1.1%** |  |  |  |
|  Archrock Partners LP/Archrock Partners Finance Corp.<br>6.63%<sup>(1)</sup> | 09/01/32 | 935000 | 964780 |
|  Kodiak Gas Services LLC<br>6.75%<sup>(1)</sup> | 10/01/35 | 835000 | 859064 |
|  USA Compression Partners LP/USA Compression Finance Corp.<br>6.25%<sup>(1)</sup> | 10/01/33 | 1290000 | 1306357 |
|  WBI Operating LLC<br>6.50%<sup>(1)</sup> | 10/15/33 | 1460000 | 1455445 |
|  |  |  | 4585646 |
|  **Packaging & Containers** — **2.5%** |  |  |  |
|  Ardagh Group SA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%<sup>(1)</sup> | 12/01/30 | 2017000 | 2187699 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12.00%<sup>(1),(11)</sup> | 12/01/30 | 900000 | 825885 |
|  Ball Corp.<br>5.50% | 09/15/33 | 2115000 | 2156221 |
|  Clearwater Paper Corp.<br>4.75%<sup>(1)</sup> | 08/15/28 | 1721000 | 1620321 |
|  Graphic Packaging International LLC<br>6.38%<sup>(1)</sup> | 07/15/32 | 1495000 | 1523091 |
|  Sealed Air Corp./Sealed Air Corp. U.S.<br>7.25%<sup>(1)</sup> | 02/15/31 | 2280000 | 2375213 |
|  |  |  | 10688430 |
|  **Pharmaceuticals** — **3.6%** |  |  |  |
|  1261229 BC Ltd.<br>10.00%<sup>(1)</sup> | 04/15/32 | 3717000 | 3873337 |
|  Amneal Pharmaceuticals LLC<br>6.88%<sup>(1)</sup> | 08/01/32 | 1322000 | 1398094 |
|  Bausch Health Cos., Inc.<br>14.00%<sup>(1)</sup> | 10/15/30 | 192000 | 193924 |
|  CVS Health Corp.<br>6.75% (5 yr. CMT + 2.516%)<sup>(2)</sup> | 12/10/54 | 1505000 | 1573583 |
|  Dolcetto Holdco SpA (Italy)<br>5.63%<sup>(1)</sup> | 07/14/32 | 550000 | 657724 |
|  Grifols SA (Spain) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<sup>(1)</sup> | 10/15/28 | 665000 | 657326 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%<sup>(3)</sup> | 05/01/30 | 1305000 | 1611452 |
|  Jazz Securities DAC<br>4.38%<sup>(1)</sup> | 01/15/29 | 1468000 | 1449048 |
|  Paradigm Parent LLC & Paradigm Parent Co-Issuer, Inc.<br>8.75%<sup>(1)</sup> | 04/17/32 | 710000 | 647506 |
|  Teva Pharmaceutical Finance Netherlands III BV (Israel)<br>6.00% | 12/01/32 | 1412000 | 1482049 |
|  Teva Pharmaceutical Finance Netherlands IV BV (Israel)<br>5.75% | 12/01/30 | 1621000 | 1682760 |
|  |  |  | 15226803 |
|  **Pipelines** — **4.7%** |  |  |  |
|  Antero Midstream Partners LP/Antero Midstream Finance Corp.<br>5.75%<sup>(1)</sup> | 07/01/34 | 650000 | 655200 |
|  CQP Holdco LP/BIP-V Chinook Holdco LLC<br>5.50%<sup>(1)</sup> | 06/15/31 | 1275000 | 1263155 |
|  Energy Transfer LP<br>6.63% (3 mo. USD LIBOR + 4.155%)<sup>(2),(4)</sup> | 02/15/28 | 2457000 | 2449408 |
|  Global Partners LP/GLP Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88% | 01/15/29 | 849000 | 860003 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.25%<sup>(1)</sup> | 01/15/32 | 1405000 | 1481488 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest High Yield Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Pipelines (Continued)** |  |  |  |
|  ITT Holdings LLC<br>6.50%<sup>(1)</sup> | 08/01/29 | $1525000 | $1465449 |
|  NGL Energy Operating LLC/NGL Energy Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.13%<sup>(1)</sup> | 02/15/29 | 710000 | 737427 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.38%<sup>(1)</sup> | 02/15/32 | 742000 | 769498 |
|  Rockies Express Pipeline LLC<br>6.88%<sup>(1)</sup> | 04/15/40 | 373000 | 386805 |
|  TransMontaigne Partners LLC<br>8.50%<sup>(1)</sup> | 06/15/30 | 620000 | 627527 |
|  Venture Global LNG, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% (5 yr. CMT + 5.440%)<sup>(1),(2),(4)</sup> | 09/30/29 | 1745000 | 1383453 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.88%<sup>(1)</sup> | 02/01/32 | 3479000 | 3596312 |
|  Venture Global Plaquemines LNG LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%<sup>(1)</sup> | 12/15/30 | 608000 | 619364 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 06/15/34 | 152000 | 155630 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 01/15/34 | 772000 | 790906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%<sup>(1)</sup> | 01/15/36 | 1539000 | 1576644 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%<sup>(1)</sup> | 05/01/35 | 806000 | 883215 |
|  |  |  | 19701484 |
|  **Real Estate** — **0.2%** |  |  |  |
|  Cushman & Wakefield U.S. Borrower LLC<br>8.88%<sup>(1)</sup> | 09/01/31 | 717000 | 765548 |
|  **REIT** — **2.0%** |  |  |  |
|  GLP Capital LP/GLP Financing II, Inc. (REIT)<br>6.75% | 12/01/33 | 750000 | 814830 |
|  Hudson Pacific Properties LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95% | 11/01/27 | 1160000 | 1109064 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95% | 02/15/28 | 1134000 | 1118419 |
|  Iron Mountain, Inc.<br>6.25%<sup>(1)</sup> | 01/15/33 | 2565000 | 2589419 |
|  RHP Hotel Properties LP/RHP Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 06/15/33 | 1100000 | 1143879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 04/01/32 | 1575000 | 1634819 |
|  |  |  | 8410430 |
|  **Retail** — **5.5%** |  |  |  |
|  1011778 BC ULC/New Red Finance, Inc. (Canada)<br>4.00%<sup>(1)</sup> | 10/15/30 | 3075000 | 2931982 |
|  Arcos Dorados BV (Brazil)<br>6.38%<sup>(1)</sup> | 01/29/32 | 1087000 | 1153394 |
|  BCPE Flavor Debt Merger Sub LLC & BCPE Flavor Issuer, Inc.<br>9.50%<sup>(1)</sup> | 07/01/32 | 2165000 | 2076192 |
|  Ferrellgas LP/Ferrellgas Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(1)</sup> | 04/01/29 | 1137000 | 1093669 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.25%<sup>(1)</sup> | 01/15/31 | 435000 | 448703 |
|  Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.<br>6.75%<sup>(1)</sup> | 01/15/30 | 975000 | 927254 |
|  FirstCash, Inc.<br>5.63%<sup>(1)</sup> | 01/01/30 | 2071000 | 2081748 |
|  Lithia Motors, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(1)</sup> | 06/01/29 | 875000 | 846667 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(1)</sup> | 10/01/30 | 600000 | 605076 |
|  Macy's Retail Holdings LLC<br>7.38%<sup>(1)</sup> | 08/01/33 | 650000 | 689078 |
|  Michaels Cos., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(1)</sup> | 05/01/28 | 1660000 | 1597169 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%<sup>(1)</sup> | 05/01/29 | 748000 | 690883 |
|  Murphy Oil USA, Inc.<br>3.75%<sup>(1)</sup> | 02/15/31 | 1293000 | 1215795 |
|  Papa John's International, Inc.<br>3.88%<sup>(1)</sup> | 09/15/29 | 2160000 | 2063750 |
|  QXO Building Products, Inc.<br>6.75%<sup>(1)</sup> | 04/30/32 | 1730000 | 1809511 |
|  Staples, Inc.<br>10.75%<sup>(1)</sup> | 09/01/29 | 1140000 | 1134665 |
|  Suburban Propane Partners LP/Suburban Energy Finance Corp.<br>6.50%<sup>(1)</sup> | 12/15/35 | 1675000 | 1676239 |
|  |  |  | 23041775 |
|  **Software** — **2.1%** |  |  |  |
|  Cloud Software Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 03/31/29 | 2250000 | 2282063 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.25%<sup>(1)</sup> | 06/30/32 | 355000 | 371738 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00%<sup>(1)</sup> | 09/30/29 | 935000 | 974307 |
|  Open Text Corp. (Canada)<br>6.90%<sup>(1)</sup> | 12/01/27 | 2000000 | 2082440 |
|  RingCentral, Inc. 8.50%<sup>(1)</sup> | 08/15/30 | 616000 | 653570 |
|  ZoomInfo Technologies LLC/ZoomInfo Finance Corp.<br>3.88%<sup>(1)</sup> | 02/01/29 | 2575000 | 2438139 |
|  |  |  | 8802257 |
|  **Telecommunications** — **4.1%** |  |  |  |
|  Altice Financing SA (Luxembourg)<br>9.63%<sup>(1)</sup> | 07/15/27 | 2959000 | 2282336 |
|  Altice France SA<br>6.50%<sup>(1)</sup> | 04/15/32 | 1253079 | 1203683 |
|  CommScope LLC<br>9.50%<sup>(1)</sup> | 12/15/31 | 996000 | 1007095 |
|  EchoStar Corp.<br>10.75% | 11/30/29 | 2300000 | 2542995 |
|  Frontier Communications Holdings LLC<br>8.63%<sup>(1)</sup> | 03/15/31 | 2530000 | 2666443 |
|  Global Switch Finance BV (United Kingdom)<br>1.38%<sup>(3)</sup> | 10/07/30 | 1095000 | 1207923 |
|  Level 3 Financing, Inc.<br>6.88%<sup>(1)</sup> | 06/30/33 | 1530000 | 1568051 |
|  Vmed O2 U.K. Financing I PLC (United Kingdom)<br>4.75%<sup>(1)</sup> | 07/15/31 | 1856000 | 1716299 |
|  Windstream Services LLC/Windstream Escrow Finance Corp.<br>8.25%<sup>(1)</sup> | 10/01/31 | 2632000 | 2765337 |
|  Zayo Group Holdings, Inc.<br>9.25%<sup>(1),(12)</sup> | 03/09/30 | 421366 | 400829 |
|  |  |  | 17360991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $351,599,449) |  |  | 354579737 |
|  **BANK LOANS** — **8.2%** |  |  |  |
|  **Advertising** — **0.3%** |  |  |  |
|  Advantage Sales & Marketing, Inc. 2024 Term Loan<br>8.45% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 10/28/27 | 1093371 | 914605 |
|  Research Now Group, Inc. 2024 First Lien First Out Term Loan<br>9.14% (3 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 07/15/28 | 502831 | 501072 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Advertising** (Cost: $1,390,290) |  |  | 1415677 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest High Yield Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Auto Parts & Equipment** — **0.0%** |  |  |  |
|  First Brands Group LLC 2021 Term Loan<br>9.57% (3 mo. USD Term SOFR + 5.000%) | 03/30/27 | $1335364 | $13411 |
|  First Brands Group LLC 2025 DIP Term Loan<br>10.84% (1 mo. USD Term SOFR + 7.000%)<sup>(2)</sup> | 06/29/26 | 961 | 190 |
|  First Brands Group LLC 2025 PIK DIP Roll-Up Term Loan B<br>10.97% (1 mo. USD Term SOFR + 7.130%)<sup>(2)</sup> | 06/29/26 | 432013 | 7560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Auto Parts & Equipment** (Cost: $1,539,111) |  |  | 21161 |
|  **Beverages** — **0.5%** |  |  |  |
|  Naked Juice LLC 2025 FLFO Term Loan<br>9.17% (3 mo. USD Term SOFR + 5.500%)<sup>(2)</sup> | 01/24/29 | 1250000 | 1246875 |
|  Pegasus BidCo BV 2025 USD Repriced Term Loan B<br>6.60% (3 mo. USD Term SOFR + 2.750%)<sup>(2)</sup> | 07/12/29 | 713045 | 716610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Beverages** (Cost: $1,868,870) |  |  | 1963485 |
|  **Commercial Services** — **0.1%** |  |  |  |
|  Kelso Industries LLC Term Loan<br>9.57% (3 mo. USD Term SOFR + 5.750%)<sup>(2),(13)</sup> | 12/30/29 | 481565 | 482769 |
|  **Computers** — **0.3%** |  |  |  |
|  X Corp. 2025 Fixed Term Loan<br>9.50% | 10/26/29 | 100000 | 99839 |
|  X Corp. Term Loan<br>10.45% (3 mo. USD Term SOFR + 6.500%)<sup>(2)</sup> | 10/26/29 | 1041760 | 1025764 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Computers** (Cost: $1,140,005) |  |  | 1125603 |
|  **Electric** — **0.1%** |  |  |  |
|  South Field LLC 2025 1st Lien Term Loan B<br>6.67% (3 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 08/29/31 | 631693 | 636825 |
|  South Field LLC 2025 1st Lien Term Loan C<br>6.67% (3 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 08/29/31 | 38068 | 38377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Electric** (Cost: $669,761) |  |  | 675202 |
|  **Electrical Components & Equipment** — **0.1%** |  |  |  |
|  Pelican Products, Inc. 2021 Term Loan<br>8.18% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 12/29/28 | 680186 | 617551 |
|  **Electronics** — **0.1%** |  |  |  |
|  TCP Sunbelt Acquisition Co. 2024 Term Loan B<br>8.07% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 10/24/31 | 643500 | 651145 |
|  **Engineering & Construction** — **0.2%** |  |  |  |
|  Astrion Group LLC 2024 Term Loan<br>8.67% (3 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 08/29/31 | 993472 | 750071 |
|  **Environmental Control** — **0.3%** |  |  |  |
|  Action Environmental Group, Inc. 2023 Term Loan B<br>6.92% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 10/24/30 | 1213907 | 1217706 |
|  **Food** — **0.7%** |  |  |  |
|  BCPE North Star U.S. HoldCo 2, Inc. Term Loan<br>7.83% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 06/09/28 | 641629 | 640092 |
|  C&S Wholesale Grocers, Inc. Term Loan B<br>8.67% (3 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 09/20/30 | 997500 | 977550 |
|  United Natural Foods, Inc. 2024 Term Loan<br>8.47% (1 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 05/01/31 | 1223144 | 1233541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Food** (Cost: $2,778,776) |  |  | 2851183 |
|  **Health Care-Products** — **0.3%** |  |  |  |
|  QuidelOrtho Corp. Term Loan<br>7.72% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 08/20/32 | 1097250 | 1098106 |
|  **Health Care-services** — **1.0%** |  |  |  |
|  ADMI Corp. 2023 Term Loan B5<br>9.47% (1 mo. USD Term SOFR + 5.750%)<sup>(2)</sup> | 12/23/27 | 689447 | 662903 |
|  Heartland Dental LLC 2025 Term Loan<br>7.47% (1 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 08/25/32 | 746250 | 750250 |
|  Modivcare Buyer LLC Super Senior Term Loan<br>0.00%<sup>(14)</sup> | 12/29/30 | 520000 | 507000 |
|  Modivcare, Inc. 2024 Term Loan B<br>10.37% (1 mo. USD Term SOFR + 6.750%)<sup>(2)</sup> | 07/01/31 | 2363557 | 958222 |
|  Modivcare, Inc. 2025 DIP Delayed Draw Term Loan<br>10.82% (1 mo. USD Term SOFR + 7.000%)<sup>(2)</sup> | 02/22/26 | 207069 | 204998 |
|  Modivcare, Inc. 2025 DIP Term Loan<br>10.73% (1 mo. USD Term SOFR + 7.000%)<sup>(2)</sup> | 02/22/26 | 388646 | 384760 |
|  Modivcare, Inc. 2025 Incremental Term Loan<br>15.44% (1 mo. USD Term SOFR + 11.500%)<sup>(2)</sup> | 01/12/26 | 383382 | 155429 |
|  Pluto Acquisition I, Inc. 2024 First Out Superpriority Term Loan<br>9.19% (3 mo. USD Term SOFR + 5.500%)<sup>(2)</sup> | 06/20/28 | 730000 | 740950 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Health Care-services** (Cost: $5,969,938) |  |  | 4364512 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest High Yield Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Internet** — **1.4%** |  |  |  |
|  Barracuda Networks, Inc. 2022 Term Loan<br>8.34% (3 mo. USD Term SOFR + 4.500%)<sup>(2)</sup> | 08/15/29 | $373298 | $305580 |
|  Delivery Hero SE 2024 USD Term Loan B<br>8.84% (3 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 12/12/29 | 1489098 | 1497169 |
|  Endure Digital, Inc. Non-CoOp Term Loan<br>7.40% (1 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 02/10/28 | 1196875 | 626366 |
|  Magnite, Inc. 2025 Repriced Term Loan B<br>6.72% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 02/06/31 | 2365167 | 2365664 |
|  MH Sub I LLC 2023 Term Loan<br>7.92% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 05/03/28 | 435598 | 406304 |
|  PUG LLC 2024 Extended Term Loan B<br>0.00%<sup>(14)</sup> | 03/15/30 | 652529 | 648043 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Internet** (Cost: $5,920,862) |  |  | 5849126 |
|  **Machinery-Diversified** — **0.2%** |  |  |  |
|  Oregon Tool, Inc. 2025 2nd Lien Term Loan<br>8.14% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 10/15/29 | 1166334 | 842093 |
|  **Media** — **0.5%** |  |  |  |
|  Altice France SA 2025 USD Term Loan B14<br>10.86% (3 mo. USD Term SOFR + 6.875%)<sup>(2)</sup> | 05/31/31 | 1413000 | 1414469 |
|  Virgin Media Bristol LLC 2023 USD Term Loan Y<br>7.05% (6 mo. USD Term SOFR + 3.175%)<sup>(2)</sup> | 03/31/31 | 681000 | 675777 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Media** (Cost: $2,065,261) |  |  | 2090246 |
|  **Mining** — **0.2%** |  |  |  |
|  American Rock Salt Co. LLC 2024 First Out Term Loan<br>11.08% (3 mo. USD Term SOFR + 7.000%)<sup>(2),(15)</sup> | 06/09/28 | 899168 | 892425 |
|  **Office/Business Equipment** — **0.3%** |  |  |  |
|  Xerox Holdings Corp. 2023 Term Loan B<br>7.73% (6 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 11/19/29 | 1564186 | 1343245 |
|  **Packaging & Containers** — **(0.2%)** |  |  |  |
|  Plaze, Inc. 2020 Incremental Term Loan<br>7.58% (1 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 08/03/26 | 741142 | 687410 |
|  **REIT** — **0.4%** |  |  |  |
|  OEG Borrower LLC 2024 Term Loan B<br>7.20% (3 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 06/30/31 | 1568587 | 1579371 |
|  **Software** — **1.0%** |  |  |  |
|  Cast & Crew Payroll LLC 2021 Incremental Term Loan<br>7.47% (1 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 12/29/28 | 1041630 | 629082 |
|  Cloudera, Inc. 2021 Term Loan<br>7.57% (1 mo. USD Term SOFR + 3.750%) | 10/08/28 | 994832 | 955815 |
|  DTI Holdco, Inc. 2025 Term Loan B<br>7.72% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 04/26/29 | 1144500 | 1071744 |
|  Planview Parent, Inc. 2024 1st Lien Term Loan<br>0.00%<sup>(14)</sup> | 12/17/27 | 450000 | 433055 |
|  Renaissance Holding Corp. 2024 1st Lien Term Loan<br>7.72% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 04/05/30 | 1246819 | 1092457 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Software** (Cost: $4,582,349) |  |  | 4182153 |
|  **Telecommunications** — **0.0%** |  |  |  |
|  Cyxtera DC Holdings, Inc. Term Loan B 0.00%<sup>(16)</sup> | 01/16/26 | 355886 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Bank Loans** (Cost: $39,231,321) |  |  | 34700240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $390,830,770) |  |  | 389279977 |
|  **CONVERTIBLE SECURITIES** — **0.1%**  |  |  |  |
|  **CONVERTIBLE CORPORATE BONDS** — **0.1%** |  |  |  |
|  **Commercial Services** — **0.1%** |  |  |  |
|  Worldline SA (France) 0.00%<sup>(3),(10)</sup> | 07/30/26 | 204766 | 235029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Corporate Bonds** (Cost: $221,487) |  |  | 235029 |
|  **COMMON STOCK** — **0.1%** |  |  |  |
| **Security** |  | **Shares** | **Value** |
|  **Beverages** — **0.0%** |  |  |  |
|  Luxco Co. Ltd.<sup>(17)</sup> |  | 13356 | 239865 |
|  **Financial** — **0.1%** |  |  |  |
|  Yeoman Capital SA<sup>(17)</sup> |  | 39329 | 294967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $1,189,837) |  |  | 534832 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest High Yield Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | |
|:---|:---|:---|
| **Issues** | **Shares** | **Value** |
|  **MONEY MARKET INVESTMENTS** — **4.7%** | **MONEY MARKET INVESTMENTS** — **4.7%** | **MONEY MARKET INVESTMENTS** — **4.7%** |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class,<br>3.74%<sup>(18),(16)</sup> | 1975906 | $1975906 |
|  TCW Central Cash Fund,<br>3.71%<sup>(18),(19)</sup> | 17718795 | 17718795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $19,694,701) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $19,694,701) | 19694701 |
|  **WARRANTS** — **(0.0%)** |  |  |
| **Security** | **Shares** | **Value** |
|  **Entertainment** — **0.0%** | **Entertainment** — **0.0%** | **Entertainment** — **0.0%** |
|  Cineworld Group PLC<sup>(16),(17)</sup> | 288340 | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Warrants** (Cost: $—) |  | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (97.2%)** (Cost: $411,936,795) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (97.2%)** (Cost: $411,936,795) | 409744543 |
|  **Net Unrealized Appreciation/depreciation On Unfunded Commitments (0.0%)** | **Net Unrealized Appreciation/depreciation On Unfunded Commitments (0.0%)** | (1735) |
|  **Liabilities In Excess Of Other Assets (2.8%)** | **Liabilities In Excess Of Other Assets (2.8%)** | 11599787 |
|  **Net Assets (100.0%)** | **Net Assets (100.0%)** | $421342595 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest High Yield Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  |
| **Number of<br>Contracts** | **Type** | **Expiration<br>Date** | **Notional<br>Contract<br>Value** | **Value** | **Net Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Short Futures** |  |  |  |  |  |
| 60 | 10-Year U.S. Treasury Note Futures | 03/20/26 | $(6891453) | $(6900937) | $(9484) |
| 11 | 2-Year U.S. Treasury Note Futures | 03/31/26 | (2295802) | (2296680) | (878) |
| 224 | 5-Year U.S. Treasury Note Futures | 03/31/26 | (24471626) | (24484250) | (12624) |
| 16 | Euro-Bobl Futures | 03/06/26 | (2178630) | (2182787) | (4157) |
| 5 | U.S. Ultra Long Bond Futures | 03/20/26 | (589365) | (590000) | (635) |
|  |  |  | $**(36426876)** | $**(36454654)** | $**(27778)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  |
| **Counterparty** | **Contracts to<br>Deliver** | **Units of<br>Currency** | **Settlement<br>Date** | **In Exchange<br>for USD** | **Contracts<br>at Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **BUY<sup>(20)</sup>** |  |  |  |  |  |  |
|  Goldman Sachs & Co. | EUR | 319496 | 01/09/26 | $374259 | $375302 | $1043 |
|  Citibank N.A. | EUR | 542240 | 01/09/26 | 639995 | 636954 | (3041) |
|  |  |  |  | $**1014254** | $**1012256** | $**(1998)** |
|  **SELL<sup>(21)</sup>** |  |  |  |  |  |  |
|  Citibank N.A. | EUR | 6483472 | 01/09/26 | 7623981 | 7615954 | 8027 |
|  Goldman Sachs & Co. | EUR | 900000 | 01/09/26 | 1049871 | 1057205 | (7334) |
|  Barclays Capital | EUR | 668547 | 01/09/26 | 781814 | 785324 | (3510) |
|  |  |  |  | $**9455666** | $**9458483** | $**(2817)** |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| ACES | Alternative Credit Enhancement Securities. |
| EUR | Euro Currency. |
| LIBOR | London Interbank Offered Rate. |
| PIK | Payment In Kind. |
| REMIC | Real Estate Mortgage Investment Conduits. |
| SOFR | Secured Overnight Financing Rate. |
| (1) | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold, normally only to qualified institutional buyers. At December 31, 2025, the value of these securities amounted to $274,026,626 or 65.0% of net assets. These securities are determined to be liquid by the Fund's investment advisor, unless otherwise noted, under procedures established by and under the general supervision of the Company's Board of Directors. |
| (2) | Floating or variable rate security. The interest shown reflects the rate in effect at December 31, 2025. |
| (3) | Investments issued under Regulation S of the Securities Act of 1933, as amended, may not be offered, sold, or delivered within the United States except under special exemptions. At December 31, 2025, the value of these securities amounted to $3,867,037 or 0.9% of net assets. |
| (4) | Perpetual maturity. |
| (5) | Payment in kind. |
| (6) | PIK security. Income may be paid in additional securities or cash at the discretion of the issuer—8.63% cash or 9.38% PIK interest. |
| (7) | PIK security. Income may be paid in additional securities or cash at the discretion of the issuer—5.00% cash or 10.00% PIK interest. |
| (8) | Security is currently in default due to bankruptcy or failure to make payment of principal or interest of the issuer. Income is not being accrued. |
| (9) | Restricted security (Note 14). |
| (10) | Security is not accruing interest. |
| (11) | PIK security. Income may be paid in additional securities or cash at the discretion of the issuer—5.50% cash or 6.50% PIK interest. |
| (12) | PIK security. Income may be paid in additional securities or cash at the discretion of the issuer—5.75% cash or 0.50% PIK interest. |
| (13) | Excluded from the investment total above is an unfunded delayed draw term loan commitment in an amount not to exceed $10,444, at an interest rate of 5.75% and a maturity of December 30, 2029. The investment is accruing an unused commitment fee of 5.75% per annum. |
| (14) | This position represents an unsettled bank loan at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which will be adjusted on settlement date. |
| (15) | Excluded from the investment total above is an unfunded delayed draw term loan commitment in an amount not to exceed $234,814, at an interest rate of 11.08% and a maturity of June 9, 2028. The investment is accruing an unused commitment fee of 2.0% per annum. |
| (16) | For fair value measurement disclosure purposes, security is categorized as Level 3. Security is valued using significant unobservable inputs. |
| (17) | Non-income producing security. |
| (18) | Rate disclosed is the 7-day net yield as of December 31, 2025. |
| (19) | Affiliated issuer. |
| (20) | Fund buys foreign currency, sells USD. |
| (21) | Fund sells foreign currency, buys USD. |

---

------

---

| | |
|:---|:---|
| **TCW MetWest High Yield Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

The summary of the TCW MetWest High Yield Bond Fund transactions in the affiliated funds for the period ended December 31, 2025 is as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at<br>March 31,<br>2025** | **Purchases at<br>Cost** | **Proceeds from<br>Sales** | **Number of<br>Shares Held<br>December 31,<br>2025** | **Value at December 31,<br>2025** | **Dividends<br>and Interest<br>Income**<br>**Received** | **Distributions<br>Received<br>from Net<br>Realized Gain** | **Net change in<br>Unrealized<br>Gain (Loss) on<br>Investments** |
|  TCW Central Cash Fund | $9789160 | $216929635 | $209000000 | 17718795 | $17718795 | $458883 | $– $– $|  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $17718795 | $458883 | $– $– $|  |

---

------

---

| | |
|:---|:---|
| **TCW MetWest High Yield Bond Fund** |  |
| Fair Valuation Summary (Unaudited) | December 31, 2025 |

---

The following is a summary of the fair valuations according to the inputs used as of December 31, 2025 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Fixed Income Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds | $— | $354579737 | $— | $354579737 |
| &nbsp;&nbsp;&nbsp;&nbsp; Bank Loans |  | 34700240 |  | 34700240 |
|  Total Fixed Income Securities |  | 389279977 |  | 389279977 |
|  Convertible Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Convertible Corporate Bonds |  | 235029 |  | 235029 |
|  Equity Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Money Market Investments | 19694701 |  |  | 19694701 |
| &nbsp;&nbsp;&nbsp;&nbsp; Common Stock | 534832 |  |  | 534832 |
| &nbsp;&nbsp;&nbsp;&nbsp; Warrants |  |  | 4 | 4 |
|  Total Equity Securities | 20229533 |  | 4 | 20229537 |
|  Net Unrealized Appreciation (Depreciation) on Unfunded Commitments | $— | $(1735) | $— | $(1735) |
|  Total Investments | $20229533 | $389513271 | $4 | $409742808 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 9070 |  | 9070 |
|  Total | $20229533 | $389522341 | $4 | $409751878 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | $(27778) | $— | $— | $(27778) |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | (13885) |  | (13885) |
|  Total | $(27778) | $(13885) | $— | $(41663) |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES** — **101.4% of Net Assets** | **FIXED INCOME SECURITIES** — **101.4% of Net Assets** | **FIXED INCOME SECURITIES** — **101.4% of Net Assets** | **FIXED INCOME SECURITIES** — **101.4% of Net Assets** |
|  **ASSET-BACKED SECURITIES** — **3.2%** |  |  |  |
|  AMMC CLO 24 Ltd. Series 2021-24A, Class AR<br>5.08% (3 mo. USD Term SOFR + 1.200%)<sup>(1),(2)</sup> | 01/20/35 | $75000 | $75019 |
|  AMMC CLO 30 Ltd. Series 2024-30A, Class A1<br>5.58% (3 mo. USD Term SOFR + 1.680%)<sup>(1),(2)</sup> | 01/15/37 | 70000 | 70086 |
|  ARES XXVII CLO Ltd. Series 2013-2A, Class AR3<br>5.01% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 10/28/34 | 90000 | 90051 |
|  Dryden 72 CLO Ltd. Series 2019-72A, Class ARR<br>4.95% (3 mo. USD Term SOFR + 1.100%)<sup>(1),(2)</sup> | 05/15/32 | 45694 | 45763 |
|  GoldenTree Loan Management U.S. CLO 11 Ltd. Series 2021-11A, Class AR<br>4.96% (3 mo. USD Term SOFR + 1.080%)<sup>(1),(2)</sup> | 10/20/34 | 70000 | 69973 |
|  JGWPT XXX LLC Series 2013-3A, Class A<br>4.08%<sup>(1)</sup> | 01/17/73 | 22592 | 21626 |
|  LCM 29 Ltd. Series 29A, Class AR<br>5.24% (3 mo. USD Term SOFR + 1.332%)<sup>(1),(2)</sup> | 04/15/31 | 78838 | 78957 |
|  Palmer Square Loan Funding Ltd. Series 2022-3A, Class A1BR<br>5.30% (3 mo. USD Term SOFR + 1.400%)<sup>(1),(2)</sup> | 04/15/31 | 115000 | 115147 |
|  Rockford Tower CLO Ltd. Series 2019-2A, Class AR2<br>5.02% (3 mo. USD Term SOFR + 1.130%)<sup>(1),(2)</sup> | 08/20/32 | 43529 | 43590 |
|  Sabey Data Center Issuer LLC Series 2021-1, Class A2<br>1.88%<sup>(1)</sup> | 06/20/46 | 83000 | 81797 |
|  Skyline Aviation, Inc. Class A<br>3.23%<sup>(3)</sup> | 07/03/38 | 28683 | 27124 |
|  SLM Student Loan Trust Series 2008-2, Class B<br>5.77% (90 day USD SOFR Average + 1.462%)<sup>(2)</sup> | 01/25/83 | 20000 | 21079 |
|  SLM Student Loan Trust Series 2008-3, Class B<br>5.77% (90 day USD SOFR Average + 1.462%)<sup>(2)</sup> | 04/26/83 | 20000 | 20656 |
|  SLM Student Loan Trust Series 2008-5, Class B<br>6.42% (90 day USD SOFR Average + 2.112%)<sup>(2)</sup> | 07/25/73 | 35000 | 36856 |
|  SLM Student Loan Trust Series 2008-6, Class B<br>6.42% (90 day USD SOFR Average + 2.112%)<sup>(2)</sup> | 07/26/83 | 20000 | 20628 |
|  SLM Student Loan Trust Series 2008-7, Class B<br>6.42% (90 day USD SOFR Average + 2.112%)<sup>(2)</sup> | 07/26/83 | 20000 | 19905 |
|  Wachovia Student Loan Trust Series 2006-1, Class A6<br>4.74% (90 day USD SOFR Average + 0.432%)<sup>(1),(2)</sup> | 04/25/40 | 12259 | 12084 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-backed Securities** (Cost: $839,731) |  |  | 850341 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **14.2%** |  |  |  |
|  Federal Home Loan Mortgage Corp., Pool #SD8199<br>2.00% | 03/01/52 | 40114 | 32659 |
|  Federal Home Loan Mortgage Corp., Pool #SD8189<br>2.50% | 01/01/52 | 37485 | 31905 |
|  Federal Home Loan Mortgage Corp., Pool #SD8286<br>4.00% | 01/01/53 | 104963 | 100054 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4064, Class TB (PAC)<br>3.50% | 06/15/42 | 98618 | 93480 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 240 (I/O)<br>5.50% | 07/15/36 | 94712 | 16346 |
|  Federal National Mortgage Association, Pool #MA4626<br>4.00% | 06/01/52 | 77290 | 73758 |
|  Federal National Mortgage Association, Pool #MA4732<br>4.00% | 09/01/52 | 100131 | 95494 |
|  Federal National Mortgage Association, Pool #MA4866<br>4.00% | 01/01/53 | 61375 | 58504 |
|  Federal National Mortgage Association, Pool #MA4656<br>4.50% | 07/01/52 | 153726 | 150948 |
|  Federal National Mortgage Association, Pool #BW9897<br>4.50% | 10/01/52 | 18984 | 18615 |
|  Federal National Mortgage Association, Pool #MA4917<br>4.50% | 02/01/53 | 432113 | 423835 |
|  Federal National Mortgage Association, Pool #MA5072<br>5.50% | 07/01/53 | 19365 | 19697 |
|  Federal National Mortgage Association REMICS Series 2011-116, Class SA (I/O) (I/F)<br>2.01% (-30 day USD SOFR Average + 5.886%)<sup>(2)</sup> | 11/25/41 | 41827 | 3186 |
|  Federal National Mortgage Association REMICS Series 2012-128, Class UA<br>2.50% | 06/25/42 | 18228 | 16195 |
|  Federal National Mortgage Association REMICS Series 2013-5, Class GF<br>5.00% (30 day USD SOFR Average + 1.214%)<sup>(2)</sup> | 10/25/42 | 22973 | 22904 |
|  Federal National Mortgage Association REMICS Series 2024-73, Class FB<br>5.07% (30 day USD SOFR Average + 1.200%)<sup>(2)</sup> | 10/25/54 | 31478 | 31597 |
|  Government National Mortgage Association, Pool #MA8346<br>4.00% | 10/20/52 | 19579 | 18679 |
|  Government National Mortgage Association, Pool #MA8427<br>4.50% | 11/20/52 | 116538 | 114461 |
|  Government National Mortgage Association REMICS Series 2003-110, Class S (I/O) (I/F)<br>2.53% (-1 mo. USD Term SOFR + 6.486%)<sup>(2)</sup> | 10/20/33 | 98552 | 7965 |
|  Government National Mortgage Association REMICS Series 2018-124, Class NW<br>3.50% | 09/20/48 | 16781 | 15584 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** |  |  |  |
|  Government National Mortgage Association REMICS Series 2018-154, Class BP (PAC)<br>3.50% | 11/20/48 | $1688 | $1623 |
|  Government National Mortgage Association REMICS Series 2019-15, Class GT<br>3.50% | 02/20/49 | 14214 | 13262 |
|  Government National Mortgage Association REMICS Series 2023-113, Class FD<br>5.27% (30 day USD SOFR Average + 1.350%)<sup>(2)</sup> | 08/20/53 | 29680 | 29926 |
|  Government National Mortgage Association, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(4)</sup> | 01/20/55 | 175000 | 151072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(4)</sup> | 05/01/55 | 150000 | 141607 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(4)</sup> | 07/01/55 | 75000 | 73071 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(4)</sup> | 07/01/55 | 225000 | 224417 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(4)</sup> | 05/01/55 | 150000 | 151460 |
|  Uniform Mortgage-Backed Security, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%<sup>(4)</sup> | 10/01/51 | 150000 | 121401 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(4)</sup> | 11/01/51 | 75000 | 63474 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(4)</sup> | 12/01/51 | 400000 | 353892 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(4)</sup> | 01/01/52 | 275000 | 253466 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(4)</sup> | 01/01/52 | 175000 | 161817 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(4)</sup> | 05/01/55 | 175000 | 166035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(4)</sup> | 07/01/55 | 150000 | 146438 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(4)</sup> | 07/01/55 | 200000 | 199516 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(4)</sup> | 05/01/55 | 150000 | 152116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities**—**Agency** (Cost: $3,789,109) |  |  | 3750459 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **8.1%**  |  |  |  |
|  1211 Avenue of the Americas Trust Series 2015-1211, Class A1A2<br>3.90%<sup>(1)</sup> | 08/10/35 | 69000 | 66818 |
|  245 Park Avenue Trust Series 2017-245P, Class A<br>3.51%<sup>(1)</sup> | 06/05/37 | 115000 | 113278 |
|  BAMLL Commercial Mortgage Securities Trust Series 2018-PARK, Class A<br>4.09%<sup>(1),(5)</sup> | 08/10/38 | 100000 | 98102 |
|  BFLD Mortgage Trust Series 2024-VICT, Class A<br>5.64% (1 mo. USD Term SOFR + 1.890%)<sup>(1),(2)</sup> | 07/15/41 | 39000 | 39224 |
|  BX Trust Series 2019-OC11, Class C<br>3.86%<sup>(1)</sup> | 12/09/41 | 79000 | 75745 |
|  BX Trust Series 2021-LBA, Class DV<br>5.47% (1 mo. USD Term SOFR + 1.714%)<sup>(1),(2)</sup> | 02/15/36 | 33214 | 33208 |
|  BXP Trust Series 2017-GM, Class B<br>3.42%<sup>(1),(5)</sup> | 06/13/39 | 100000 | 97889 |
|  Citigroup Commercial Mortgage Trust Series 2020-555, Class A<br>2.65%<sup>(1)</sup> | 12/10/41 | 100000 | 91382 |
|  COMM Mortgage Trust Series 2014-UBS5, Class XA (I/O)<br>0.53%<sup>(5)</sup> | 09/10/47 | 97798 | 1 |
|  COMM Mortgage Trust Series 2016-787S, Class A<br>3.55%<sup>(1)</sup> | 02/10/36 | 35000 | 34797 |
|  COMM Mortgage Trust Series 2024-277P, Class A<br>6.34%<sup>(1)</sup> | 08/10/44 | 79000 | 83296 |
|  CSAIL Commercial Mortgage Trust Series 2019-C18, Class A2<br>2.84% | 12/15/52 | 20206 | 19739 |
|  CSMC Trust Series 2021-B33, Class A2<br>3.17%<sup>(1)</sup> | 10/10/43 | 100000 | 90028 |
|  DOLP Trust Series 2021-NYC, Class A<br>2.96%<sup>(1)</sup> | 05/10/41 | 106000 | 95364 |
|  FirstKey Homes Trust Series 2021-SFR2, Class E2<br>2.36%<sup>(1)</sup> | 09/17/38 | 100000 | 98002 |
|  FirstKey Homes Trust Series 2022-SFR1, Class D<br>5.20%<sup>(1)</sup> | 05/19/39 | 70000 | 69900 |
|  GS Mortgage Securities Corp. Trust Series 2023-FUN, Class B<br>6.54% (1 mo. USD Term SOFR + 2.790%)<sup>(1),(2)</sup> | 03/15/28 | 100000 | 100682 |
|  GS Mortgage Securities Trust Series 2011-GC5, Class XA (I/O)<br>0.10%<sup>(1),(5)</sup> | 08/10/44 | 88056 | 63 |
|  GWT Trust Series 2024-WLF2, Class B<br>5.89% (1 mo. USD Term SOFR + 2.141%)<sup>(1),(2)</sup> | 05/15/41 | 37000 | 37161 |
|  JPMBB Commercial Mortgage Securities Trust Series 2014-C22, Class XA (I/O)<br>0.40%<sup>(5)</sup> | 09/15/47 | 95972 | 1 |
|  JPMBB Commercial Mortgage Securities Trust Series 2014-C25, Class XA (I/O)<br>0.41%<sup>(5)</sup> | 11/15/47 | 241691 | 3 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2010-C2, Class XB (I/O)<br>1.30%<sup>(1),(5),(6)</sup> | 11/15/43 | 425656 | 4 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2016-NINE, Class A<br>2.85%<sup>(1),(5)</sup> | 09/06/38 | 70000 | 69237 |
|  Manhattan West Mortgage Trust Series 2020-1MW, Class B<br>2.34%<sup>(1),(5)</sup> | 09/10/39 | 100000 | 96270 |
|  Morgan Stanley Bank of America Merrill Lynch Trust Series 2015-C22, Class XA (I/O)<br>0.52%<sup>(5)</sup> | 04/15/48 | 102117 | 1 |
|  Progress Residential Trust Series 2021-SFR11, Class E2<br>3.53%<sup>(1)</sup> | 01/17/39 | 80000 | 76532 |
|  SCOTT Trust Series 2023-SFS, Class A<br>5.91%<sup>(1)</sup> | 03/10/40 | 110000 | 112942 |
|  SMRT Commercial Mortgage Trust Series 2022-MINI, Class B<br>5.10% (1 mo. USD Term SOFR + 1.350%)<sup>(1),(2)</sup> | 01/15/39 | 33000 | 32943 |
|  SREIT Trust Series 2021-MFP, Class B<br>4.94% (1 mo. USD Term SOFR + 1.194%)<sup>(1),(2)</sup> | 11/15/38 | 41942 | 41939 |
|  SREIT Trust Series 2021-MFP2, Class C<br>5.24% (1 mo. USD Term SOFR + 1.485%)<sup>(1),(2)</sup> | 11/15/36 | 100000 | 100002 |
|  SREIT Trust Series 2021-PALM, Class C<br>4.82% (1 mo. USD Term SOFR + 1.074%)<sup>(1),(2)</sup> | 10/15/34 | 50000 | 49948 |
|  TCO Commercial Mortgage Trust Series 2024-DPM, Class B<br>5.34% (1 mo. USD Term SOFR + 1.592%)<sup>(1),(2)</sup> | 12/15/39 | 100000 | 100202 |
|  UBS Commercial Mortgage Trust Series 2019-C17, Class AS<br>3.20% | 10/15/52 | 60000 | 56074 |
|  Wells Fargo Commercial Mortgage Trust Series 2015-NXS2, Class XA (I/O)<br>0.00%<sup>(5),(7)</sup> | 07/15/58 | 113908 | 1 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |  |
|  Wells Fargo Commercial Mortgage Trust Series 2016-LC25, Class AS<br>3.84%<sup>(5)</sup> | 12/15/59 | $52000 | $51483 |
|  Wells Fargo Commercial Mortgage Trust Series 2024-SVEN, Class A<br>6.01%<sup>(1)</sup> | 06/10/37 | 100000 | 103971 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities**—**Non-agency** (Cost: $2,207,861) |  |  | 2136232 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **0.1%** |  |  |  |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K049, Class X3 (I/O)<br>4.05%<sup>(5)</sup> | 10/25/43 | 15496 |  |
|  Federal National Mortgage Association-ACES Series 2016-M2, Class X3 (I/O)<br>2.04%<sup>(5)</sup> | 04/25/36 | 38143 |  |
|  Federal National Mortgage Association-ACES Series 2016-M4, Class X2 (I/O)<br>2.69%<sup>(5)</sup> | 01/25/39 | 221775 | 7821 |
|  Government National Mortgage Association Series 2012-112 (I/O)<br>0.11%<sup>(5)</sup> | 02/16/53 | 1534994 | 4702 |
|  Government National Mortgage Association Series 2013-1 (I/O)<br>0.57%<sup>(5)</sup> | 02/16/54 | 373195 | 5708 |
|  Government National Mortgage Association Series 2013-125 (I/O)<br>0.25%<sup>(5)</sup> | 10/16/54 | 621288 | 10770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities**—**Agency** (Cost: $184,426) |  |  | 29001 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **5.2%** |  |  |  |
|  ABFC Trust Series 2006-OPT1, Class A3D<br>4.33% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 09/25/36 | 45220 | 44620 |
|  Ameriquest Mortgage Securities, Inc. Asset-Backed Pass-Through Certificates Series 2005-R11, Class M3<br>4.60% (1 mo. USD Term SOFR + 0.864%)<sup>(2)</sup> | 01/25/36 | 46203 | 45737 |
|  BCMSC Trust Series 2000-A, Class A2<br>7.58%<sup>(5)</sup> | 06/15/30 | 19426 | 1167 |
|  Bear Stearns ARM Trust Series 2004-1, Class 12A<br>5.25%<sup>(5)</sup> | 04/25/34 | 4696 | 4204 |
|  Carrington Mortgage Loan Trust Series 2006-FRE1, Class A3<br>4.00% (1 mo. USD Term SOFR+ 0.264%)<sup>(2)</sup> | 04/25/36 | 40505 | 40033 |
|  Carrington Mortgage Loan Trust Series 2007-HE1, Class A4<br>4.14% (1 mo. USD Term SOFR + 0.694%)<sup>(2)</sup> | 06/25/37 | 85000 | 82431 |
|  Chase Home Lending Mortgage Trust Series 2024-10, Class A4A<br>5.50%<sup>(1),(5)</sup> | 10/25/55 | 67060 | 67406 |
|  CIM Trust Series 2021-R4, Class A1A<br>2.00%<sup>(1),(5)</sup> | 05/01/61 | 40598 | 38407 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2005-OPT1, Class M1<br>4.48% (1 mo. USD Term SOFR + 0.744%)<sup>(2)</sup> | 02/25/35 | 27864 | 26370 |
|  Countrywide Asset-Backed Certificates Trust Series 2007-13, Class 2A1<br>4.75% (1 mo. USD Term SOFR + 1.014%)<sup>(2)</sup> | 10/25/47 | 14736 | 13600 |
|  Cross Mortgage Trust Series 2024-H6, Class A1<br>5.13%<sup>(1),(5)</sup> | 09/25/69 | 75490 | 75645 |
|  Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2021-DNA6, Class M2<br>5.37% (30 day USD SOFR Average + 1.500%)<sup>(1),(2)</sup> | 10/25/41 | 39999 | 40124 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2024-R01, Class 1M2<br>5.67% (30 day USD SOFR Average + 1.800%)<sup>(1),(2)</sup> | 01/25/44 | 50000 | 50361 |
|  GCAT Trust Series 2023-INV1, Class A7<br>6.00%<sup>(1),(5)</sup> | 08/25/53 | 61672 | 62506 |
|  GSR Mortgage Loan Trust Series 2005-AR6, Class 2A1<br>4.95%<sup>(5)</sup> | 09/25/35 | 5583 | 5354 |
|  Home Equity Asset Trust Series 2005-4, Class M6<br>4.36% (1 mo. USD Term SOFR + 1.194%)<sup>(2)</sup> | 10/25/35 | 53384 | 53401 |
|  Impac CMB Trust Series 2007-A, Class A<br>4.35% (1 mo. USD Term SOFR + 0.614%)<sup>(1),(2)</sup> | 05/25/37 | 55203 | 54264 |
|  IndyMac INDX Mortgage Loan Trust Series 2007-FLX3, Class A1<br>4.33% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 06/25/37 | 98984 | 93671 |
|  Long Beach Mortgage Loan Trust Series 2006-1, Class 1A<br>4.29% (1 mo. USD Term SOFR + 0.554%)<sup>(2)</sup> | 02/25/36 | 1836 | 1824 |
|  MFA Trust Series 2021-INV1, Class A3<br>1.26%<sup>(1),(5)</sup> | 01/25/56 | 33430 | 32309 |
|  Morgan Stanley Mortgage Loan Trust Series 2004-5AR, Class 3A1<br>5.06%<sup>(5)</sup> | 07/25/34 | 6180 | 6111 |
|  New Residential Mortgage Loan Trust Series 2022-NQM4, Class A1<br>5.00%<sup>(1)</sup> | 06/25/62 | 72263 | 72065 |
|  OBX Trust Series 2024-HYB1, Class A1<br>3.64%<sup>(1),(5)</sup> | 03/25/53 | 60643 | 60522 |
|  OBX Trust Series 2024-NQM14, Class A1<br>4.94%<sup>(1)</sup> | 09/25/64 | 70230 | 70295 |
|  OBX Trust Series 2024-NQM15, Class A1<br>5.32%<sup>(1)</sup> | 10/25/64 | 72558 | 73034 |
|  Saxon Asset Securities Trust Series 2007-2, Class A2A<br>3.95% (1 mo. USD Term SOFR + 0.214%)<sup>(2)</sup> | 05/25/47 | 54475 | 40599 |
|  Structured Asset Mortgage Investments II Trust Series 2004-AR1, Class 1A2<br>4.55% (1 mo. USD Term SOFR + 0.814%)<sup>(2)</sup> | 03/19/34 | 770 | 738 |
|  Structured Asset Securities Corp. Series 2005-WF1, Class M4<br>4.97% (1 mo. USD Term SOFR + 1.239%)<sup>(2)</sup> | 02/25/35 | 66010 | 66162 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |  |
|  Structured Asset Securities Corp. Mortgage Loan Trust Series 2006-BC6, Class A1<br>4.17% (1 mo. USD Term SOFR + 0.434%)<sup>(2)</sup> | 01/25/37 | $81959 | $78679 |
|  Verus Securitization Trust Series 2023-4, Class A1<br>5.81%<sup>(1)</sup> | 05/25/68 | 59142 | 59203 |
|  Wells Fargo Home Equity Trust Mortgage Pass-Through Certificates Series 2004-1, Class 2A1<br>4.45% (1 mo. USD Term SOFR + 0.714%)<sup>(2)</sup> | 04/25/34 | 8429 | 8253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities**—**Non-agency** (Cost: $1,373,376) |  |  | 1369095 |
|  **CORPORATE BONDS** — **62.9%** |  |  |  |
|  **Aerospace & Defense** — **0.4%** |  |  |  |
|  Boeing Co.<br>3.63% | 02/01/31 | 100000 | 96132 |
|  General Electric Co.<br>4.54% (3 mo. USD Term SOFR + 0.642%)<sup>(2)</sup> | 05/05/26 | 10000 | 10017 |
|  |  |  | 106149 |
|  **Agriculture** — **1.1%** |  |  |  |
|  Altria Group, Inc.<br>4.88% | 02/04/28 | 40000 | 40683 |
|  BAT Capital Corp. (United Kingdom)<br>4.39% | 08/15/37 | 95000 | 87566 |
|  Imperial Brands Finance PLC (United Kingdom)<br>4.50%<sup>(1)</sup> | 06/30/28 | 35000 | 35294 |
|  Philip Morris International, Inc.<br>5.75% | 11/17/32 | 60000 | 64171 |
|  Reynolds American, Inc. (United Kingdom)<br>5.70% | 08/15/35 | 50000 | 52278 |
|  |  |  | 279992 |
|  **Airlines** — **0.6%** |  |  |  |
|  Delta Air Lines Pass-Through Trust Series 2020-1, Class AA<br>2.00% | 12/10/29 | 16778 | 16167 |
|  JetBlue Pass-Through Trust Series 2019-1, Class AA<br>2.75% | 11/15/33 | 23746 | 21183 |
|  JetBlue Pass-Through Trust Series 2020-1, Class A<br>4.00% | 05/15/34 | 23549 | 22336 |
|  United Airlines Pass-Through Trust Series 2023-1, Class A<br>5.80% | 07/15/37 | 93298 | 97466 |
|  |  |  | 157152 |
|  **Auto Manufacturers** — **0.2%** |  |  |  |
|  Volkswagen Group of America Finance LLC (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%<sup>(1)</sup> | 03/25/32 | 35000 | 36353 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%<sup>(1)</sup> | 03/27/35 | 20000 | 20737 |
|  |  |  | 57090 |
|  **Banks** — **13.8%** |  |  |  |
|  Bank of America Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.66% (1 day USD SOFR + 0.910%)<sup>(2)</sup> | 03/11/27 | 25000 | 24880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30% (1 day USD SOFR + 1.220%)<sup>(2)</sup> | 07/21/32 | 442000 | 395360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.59% (1 day USD SOFR + 2.150%)<sup>(2)</sup> | 04/29/31 | 195000 | 181806 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.47% (1 day USD SOFR + 1.650%)<sup>(2)</sup> | 01/23/35 | 5000 | 5213 |
|  Bank of New York Mellon Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.83% (1 day USD SOFR Index + 2.074%)<sup>(2)</sup> | 10/25/33 | 170000 | 183539 |
|  Citigroup, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.52% (1 day USD SOFR + 1.177%)<sup>(2)</sup> | 11/03/32 | 225000 | 201766 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.56% (1 day USD SOFR + 1.167%)<sup>(2)</sup> | 05/01/32 | 70000 | 63564 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.06% (1 day USD SOFR + 1.351%)<sup>(2)</sup> | 01/25/33 | 32000 | 29335 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.33% (1 day USD SOFR + 1.465%)<sup>(2)</sup> | 03/27/36 | 70000 | 71656 |
|  Goldman Sachs Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95% (1 day USD SOFR + 0.913%)<sup>(2)</sup> | 10/21/27 | 50000 | 49153 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65% (1 day USD SOFR + 1.264%)<sup>(2)</sup> | 10/21/32 | 212000 | 191489 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.02% (1 day USD SOFR + 1.420%)<sup>(2)</sup> | 10/23/35 | 40000 | 40243 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.54% (1 day USD SOFR + 1.380%)<sup>(2)</sup> | 01/28/36 | 75000 | 77923 |
|  HSBC Holdings PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80% (1 day USD SOFR + 1.187%)<sup>(2)</sup> | 05/24/32 | 155000 | 141817 |
|  JPMorgan Chase & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.58% (1 day USD SOFR + 0.885%)<sup>(2)</sup> | 04/22/27 | 205000 | 203407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95% (1 day USD SOFR + 1.065%)<sup>(2)</sup> | 02/04/32 | 365000 | 325689 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.96% (1 day USD SOFR + 1.260%)<sup>(2)</sup> | 01/25/33 | 135000 | 123962 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.29% (1 day USD SOFR + 1.460%)<sup>(2)</sup> | 07/22/35 | 55000 | 56800 |
|  Morgan Stanley |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.79% (1 day USD SOFR + 1.034%)<sup>(2)</sup> | 02/13/32 | 205000 | 180248 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.93% (1 day USD SOFR + 1.020%)<sup>(2)</sup> | 04/28/32 | 215000 | 188768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25% (1 day USD SOFR + 1.870%)<sup>(2)</sup> | 04/21/34 | 25000 | 25753 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.59% (1 day USD SOFR + 1.418%)<sup>(2)</sup> | 01/18/36 | 75000 | 78478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.83% (1 day USD SOFR + 1.580%)<sup>(2)</sup> | 04/19/35 | 60000 | 63852 |
|  Morgan Stanley Private Bank NA<br>4.73% (1 day USD SOFR + 1.080%)<sup>(2)</sup> | 07/18/31 | 50000 | 50698 |
|  PNC Financial Services Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.22% (1 day USD SOFR + 1.072%)<sup>(2)</sup> | 01/29/31 | 150000 | 155428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.68% (1 day USD SOFR + 1.902%)<sup>(2)</sup> | 01/22/35 | 5000 | 5280 |
|  Santander U.K. Group Holdings PLC (United Kingdom)<br>2.47% (1 day USD SOFR + 1.220%)<sup>(2)</sup> | 01/11/28 | 30000 | 29488 |
|  U.S. Bancorp |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.84% (1 day USD SOFR + 1.600%)<sup>(2)</sup> | 02/01/34 | 140000 | 141140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.68% (1 day USD SOFR + 1.860%)<sup>(2)</sup> | 01/23/35 | 5000 | 5286 |
|  Wells Fargo & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.57% (3 mo. USD Term SOFR + 1.262%)<sup>(2)</sup> | 02/11/31 | 65000 | 60769 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** | **Value** | **Value** |
|  **Banks (Continued)** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35% (1 day USD SOFR + 1.500%)<sup>(2)</sup> | 03/02/33 | $| 295000 | $| 275483 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% (1 day USD SOFR + 1.780%)<sup>(2)</sup> | 01/23/35 |  | 25000 |  | 26103 |
|  |  |  |  |  | 3654376 |
|  **Beverages** — **1.9%** | **Beverages** — **1.9%** | **Beverages** — **1.9%** | **Beverages** — **1.9%** | **Beverages** — **1.9%** | **Beverages** — **1.9%** |
|  Bacardi Ltd.<br>4.70%<sup>(1)</sup> | 05/15/28 |  | 65000 |  | 65486 |
|  Becle SAB de CV (Mexico)<br>2.50%<sup>(1)</sup> | 10/14/31 |  | 70000 |  | 60871 |
|  Coca-Cola Co.<br>4.65% | 08/14/34 |  | 45000 |  | 45981 |
|  Constellation Brands, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25% | 08/01/31 |  | 15000 |  | 13323 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88% | 05/01/30 |  | 30000 |  | 28265 |
|  Diageo Investment Corp. (United Kingdom)<br>5.63% | 04/15/35 |  | 200000 |  | 211998 |
|  JDE Peet's NV (Netherlands)<br>2.25%<sup>(1)</sup> | 09/24/31 |  | 75000 |  | 65256 |
|  |  |  |  |  | 491180 |
|  **Biotechnology** — **1.1%** | **Biotechnology** — **1.1%** | **Biotechnology** — **1.1%** | **Biotechnology** — **1.1%** | **Biotechnology** — **1.1%** | **Biotechnology** — **1.1%** |
|  Amgen, Inc.<br>5.25% | 03/02/33 |  | 125000 |  | 129535 |
|  Biogen, Inc.<br>5.75% | 05/15/35 |  | 70000 |  | 73783 |
|  Illumina, Inc.<br>2.55% | 03/23/31 |  | 25000 |  | 22685 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% | 12/13/27 |  | 15000 |  | 15455 |
|  Regeneron Pharmaceuticals, Inc.<br>1.75% | 09/15/30 |  | 20000 |  | 17848 |
|  Royalty Pharma PLC<br>1.75% | 09/02/27 |  | 25000 |  | 24086 |
|  |  |  |  |  | 283392 |
|  **Chemicals** — **0.3%** | **Chemicals** — **0.3%** | **Chemicals** — **0.3%** | **Chemicals** — **0.3%** | **Chemicals** — **0.3%** | **Chemicals** — **0.3%** |
|  International Flavors & Fragrances, Inc.<br>2.30%<sup>(1)</sup> | 11/01/30 |  | 95000 |  | 85732 |
|  **Commercial Services** — **0.8%** | **Commercial Services** — **0.8%** | **Commercial Services** — **0.8%** | **Commercial Services** — **0.8%** | **Commercial Services** — **0.8%** | **Commercial Services** — **0.8%** |
|  Global Payments, Inc.<br>5.30% | 08/15/29 |  | 60000 |  | 61434 |
|  Northwestern University<br>3.69% | 12/01/38 |  | 20000 |  | 17911 |
|  RELX Capital, Inc. (United Kingdom)<br>3.00% | 05/22/30 |  | 20000 |  | 19044 |
|  Rollins, Inc.<br>5.25% | 02/24/35 |  | 100000 |  | 102308 |
|  S&P Global, Inc.<br>2.90% | 03/01/32 |  | 10000 |  | 9229 |
|  |  |  |  |  | 209926 |
|  **Computers** — **1.1%** | **Computers** — **1.1%** | **Computers** — **1.1%** | **Computers** — **1.1%** | **Computers** — **1.1%** | **Computers** — **1.1%** |
|  Booz Allen Hamilton, Inc.<br>5.95% | 04/15/35 |  | 55000 |  | 57103 |
|  Dell International LLC/EMC Corp. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50% | 02/15/31 |  | 115000 |  | 114950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 04/01/30 |  | 70000 |  | 71732 |
|  Gartner, Inc.<br>4.95% | 03/20/31 |  | 45000 |  | 45215 |
|  |  |  |  |  | 289000 |
|  **Cosmetics/Personal Care** — **0.1%** | **Cosmetics/Personal Care** — **0.1%** | **Cosmetics/Personal Care** — **0.1%** | **Cosmetics/Personal Care** — **0.1%** | **Cosmetics/Personal Care** — **0.1%** | **Cosmetics/Personal Care** — **0.1%** |
|  Kenvue, Inc. 4.90% | 03/22/33 |  | 15000 |  | 15318 |
|  **Diversified Financial Services** — **2.3%** | **Diversified Financial Services** — **2.3%** | **Diversified Financial Services** — **2.3%** | **Diversified Financial Services** — **2.3%** | **Diversified Financial Services** — **2.3%** | **Diversified Financial Services** — **2.3%** |
|  AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 10/29/28 |  | 80000 |  | 77606 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30% | 01/30/32 |  | 40000 |  | 37025 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 01/23/28 |  | 16000 |  | 15925 |
|  Air Lease Corp. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63% | 12/01/27 |  | 26000 |  | 25721 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63% | 10/01/28 |  | 30000 |  | 30137 |
|  American Express Co. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.92% (1 day USD SOFR + 1.220%)<sup>(2)</sup> | 07/20/33 |  | 50000 |  | 50910 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.49% (1 day USD SOFR + 1.940%)<sup>(2)</sup> | 10/30/31 |  | 100000 |  | 109316 |
|  Avolon Holdings Funding Ltd. (Ireland) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.53%<sup>(1)</sup> | 11/18/27 |  | 21000 |  | 20381 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%<sup>(1)</sup> | 02/21/28 |  | 10000 |  | 9695 |
|  Blackrock, Inc.<br>3.75% | 07/18/35 | EUR | 100000 |  | 118943 |
|  Capital One Financial Corp.<br>6.70% | 11/29/32 |  | 15000 |  | 16623 |
|  Intercontinental Exchange, Inc.<br>1.85% | 09/15/32 |  | 30000 |  | 25610 |
|  Mastercard, Inc.<br>4.55% | 01/15/35 |  | 80000 |  | 80089 |
|  |  |  |  |  | 617981 |
|  **Electric** — **6.9%** | **Electric** — **6.9%** | **Electric** — **6.9%** | **Electric** — **6.9%** | **Electric** — **6.9%** | **Electric** — **6.9%** |
|  Alliant Energy Corp.<br>5.75% (5 yr. CMT + 2.077%)<sup>(2)</sup> | 04/01/56 |  | 85000 |  | 84904 |
|  Alliant Energy Finance LLC |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.40%<sup>(1)</sup> | 03/15/26 |  | 90000 |  | 89417 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%<sup>(1)</sup> | 03/30/29 |  | 35000 |  | 36612 |
|  Ameren Corp.<br>3.50% | 01/15/31 |  | 50000 |  | 48121 |
|  American Electric Power Co., Inc.<br>5.80% (5 yr. CMT + 2.128%)<sup>(2)</sup> | 03/15/56 |  | 95000 |  | 94353 |
|  Appalachian Power Co.<br>3.30% | 06/01/27 |  | 20000 |  | 19824 |
|  Arizona Public Service Co.<br>6.35% | 12/15/32 |  | 100000 |  | 109296 |
|  Berkshire Hathaway Energy Co.<br>1.65% | 05/15/31 |  | 25000 |  | 21794 |
|  Black Hills Corp.<br>4.35% | 05/01/33 |  | 36000 |  | 34749 |
|  CenterPoint Energy, Inc.<br>5.95% (5 yr. CMT + 2.223%)<sup>(2)</sup> | 04/01/56 |  | 70000 |  | 70571 |
|  Commonwealth Edison Co.<br>6.45% | 01/15/38 |  | 20000 |  | 22380 |
|  Dominion Energy, Inc.<br>6.20% (5 yr. CMT + 2.006%)<sup>(2)</sup> | 02/15/56 |  | 70000 |  | 70487 |
|  Duke Energy Corp.<br>2.55% | 06/15/31 |  | 35000 |  | 31902 |
|  Duke Energy Florida LLC<br>5.88% | 11/15/33 |  | 45000 |  | 48637 |
|  Entergy Corp.<br>6.10% (5 yr. CMT + 2.013%)<sup>(2)</sup> | 06/15/56 |  | 30000 |  | 30002 |
|  Eurogrid GmbH (Germany)<br>1.11%<sup>(8)</sup> | 05/15/32 | EUR | 100000 |  | 102234 |
|  Evergy Missouri West, Inc.<br>5.65%<sup>(1)</sup> | 06/01/34 |  | 50000 |  | 51844 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Electric (Continued)** | **Electric (Continued)** | **Electric (Continued)** | **Electric (Continued)** |
|  Eversource Energy |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60% | 07/01/27 | $30000 | $30226 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13% | 05/15/33 | 70000 | 70770 |
|  Exelon Corp.<br>5.30% | 03/15/33 | 35000 | 36403 |
|  FirstEnergy Transmission LLC<br>4.55% | 01/15/30 | 25000 | 25203 |
|  Florida Power & Light Co.<br>5.30% | 06/15/34 | 205000 | 214967 |
|  ITC Holdings Corp.<br>4.95%<sup>(1)</sup> | 09/22/27 | 20000 | 20274 |
|  Jersey Central Power & Light Co.<br>2.75%<sup>(1)</sup> | 03/01/32 | 90000 | 80978 |
|  Narragansett Electric Co.<br>3.40%<sup>(1)</sup> | 04/09/30 | 35000 | 33759 |
|  Oklahoma Gas & Electric Co.<br>5.40% | 01/15/33 | 15000 | 15723 |
|  Oncor Electric Delivery Co. LLC<br>5.35%<sup>(1)</sup> | 04/01/35 | 200000 | 206490 |
|  Southwestern Electric Power Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10% | 09/15/28 | 15000 | 15005 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30% | 04/01/33 | 105000 | 107917 |
|  Xcel Energy, Inc.<br>3.40% | 06/01/30 | 10000 | 9622 |
|  |  |  | 1834464 |
|  **Electronics** — **0.2%** |  |  |  |
|  Hubbell, Inc.<br>4.80% | 11/15/35 | 40000 | 39791 |
|  **Engineering & Construction** — **0.1%** |  |  |  |
|  Sydney Airport Finance Co. Pty. Ltd. (Australia)<br>3.63%<sup>(1)</sup> | 04/28/26 | 15000 | 14969 |
|  **Entertainment** — **0.2%** |  |  |  |
|  Flutter Treasury DAC (Ireland)<br>5.88%<sup>(1)</sup> | 06/04/31 | 65000 | 65956 |
|  **Environmental Control** — **0.0%** |  |  |  |
|  Republic Services, Inc.<br>2.90% | 07/01/26 | 5000 | 4980 |
|  **Food** — **0.8%** |  |  |  |
|  JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% | 12/01/31 | 32000 | 30375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75% | 03/15/34 | 50000 | 55207 |
|  Mars, Inc.<br>5.20%<sup>(1)</sup> | 03/01/35 | 30000 | 30845 |
|  Pilgrim's Pride Corp.<br>3.50% | 03/01/32 | 60000 | 55448 |
|  Smithfield Foods, Inc.<br>2.63%<sup>(1)</sup> | 09/13/31 | 40000 | 35495 |
|  |  |  | 207370 |
|  **Forest Products & Paper** — **0.1%** |  |  |  |
|  Georgia-Pacific LLC<br>2.30%<sup>(1)</sup> | 04/30/30 | 20000 | 18455 |
|  **Gas** — **2.9%** |  |  |  |
|  Boston Gas Co.<br>3.76%<sup>(1)</sup> | 03/16/32 | 25000 | 23711 |
|  CenterPoint Energy Resources Corp.<br>5.40% | 03/01/33 | 130000 | 135186 |
|  East Ohio Gas Co.<br>2.00%<sup>(1)</sup> | 06/15/30 | 15000 | 13579 |
|  KeySpan Gas East Corp.<br>5.99%<sup>(1)</sup> | 03/06/33 | 85000 | 89901 |
|  National Gas Transmission PLC (United Kingdom)<br>4.25%<sup>(8)</sup> | 04/05/30 | 100000 | 122243 |
|  NiSource, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40% | 06/30/33 | 75000 | 77947 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% (5 yr. CMT + 2.035%)<sup>(2)</sup> | 07/15/56 | 40000 | 40328 |
|  Northwest Natural Holding Co.<br>7.00% (5 yr. CMT + 2.701%)<sup>(2)</sup> | 09/15/55 | 55000 | 57253 |
|  Piedmont Natural Gas Co., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50% | 03/15/31 | 10000 | 9127 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40% | 06/15/33 | 65000 | 67668 |
|  Southern Co. Gas Capital Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95% | 09/15/34 | 5000 | 5025 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15% | 09/15/32 | 20000 | 20565 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% | 09/15/33 | 102000 | 108253 |
|  |  |  | 770786 |
|  **Health Care-Products** — **1.7%** |  |  |  |
|  Alcon Finance Corp.<br>2.75%<sup>(1)</sup> | 09/23/26 | 40000 | 39646 |
|  Baxter International, Inc.<br>3.95% | 04/01/30 | 10000 | 9747 |
|  Dentsply Sirona, Inc.<br>3.25% | 06/01/30 | 35000 | 32363 |
|  GE HealthCare Technologies, Inc.<br>4.80% | 08/14/29 | 65000 | 66483 |
|  Revvity, Inc.<br>2.55% | 03/15/31 | 35000 | 31676 |
|  Smith & Nephew PLC (United Kingdom)<br>2.03% | 10/14/30 | 30000 | 26986 |
|  STERIS Irish FinCo UnLtd Co.<br>2.70% | 03/15/31 | 30000 | 27690 |
|  Stryker Corp.<br>3.38% | 09/11/32 | 100000 | 117648 |
|  Thermo Fisher Scientific, Inc.<br>5.09% | 08/10/33 | 34000 | 35309 |
|  VSP Optical Group, Inc.<br>5.45%<sup>(1)</sup> | 12/01/35 | 50000 | 50391 |
|  |  |  | 437939 |
|  **Health Care-Services** — **3.5%** |  |  |  |
|  Ascension Health<br>2.53% | 11/15/29 | 20000 | 18911 |
|  Barnabas Health, Inc.<br>4.00% | 07/01/28 | 15000 | 15062 |
|  Centene Corp.<br>3.00% | 10/15/30 | 85000 | 76116 |
|  Cigna Group<br>2.40% | 03/15/30 | 105000 | 97523 |
|  Elevance Health, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 01/15/36 | 25000 | 24879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20% | 02/15/35 | 45000 | 45998 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 10/15/32 | 60000 | 63214 |
|  Fresenius Medical Care U.S. Finance III, Inc. (Germany)<br>1.88%<sup>(1)</sup> | 12/01/26 | 20000 | 19555 |
|  HCA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63% | 03/15/32 | 75000 | 70928 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13% | 06/15/29 | 65000 | 64809 |
|  Health Care Service Corp. A Mutual Legal Reserve Co.<br>5.45%<sup>(1)</sup> | 06/15/34 | 45000 | 46098 |
|  Humana, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70% | 03/23/29 | 10000 | 9818 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 04/15/31 | 150000 | 155110 |
|  IQVIA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25% | 02/01/29 | 35000 | 36908 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Health Care-Services (Continued)** |  |  |  |
|  Premier Health Partners<br>2.91% | 11/15/26 | $15000 | $14815 |
|  Providence St. Joseph Health Obligated Group<br>2.75% | 10/01/26 | 20000 | 19809 |
|  UnitedHealth Group, Inc.<br>5.15% | 07/15/34 | 105000 | 107700 |
|  Universal Health Services, Inc.<br>1.65% | 09/01/26 | 35000 | 34447 |
|  |  |  | 921700 |
|  **Household Products/Wares** — **0.1%** |  |  |  |
|  Church & Dwight Co., Inc.<br>5.60% | 11/15/32 | 20000 | 21274 |
|  **Insurance** — **2.6%** |  |  |  |
|  Aon Corp.<br>2.80% | 05/15/30 | 40000 | 37773 |
|  Athene Global Funding<br>1.61%<sup>(1)</sup> | 06/29/26 | 5000 | 4938 |
|  Brown & Brown, Inc.<br>4.20% | 03/17/32 | 30000 | 29030 |
|  Equitable Financial Life Global Funding<br>1.30%<sup>(1)</sup> | 07/12/26 | 25000 | 24654 |
|  Farmers Exchange Capital<br>7.05%<sup>(1)</sup> | 07/15/28 | 20000 | 20995 |
|  Farmers Insurance Exchange<br>4.75% (3 mo. USD LIBOR + 3.231%)<sup>(1),(2)</sup> | 11/01/57 | 65000 | 55286 |
|  Marsh & McLennan Cos., Inc.<br>2.25% | 11/15/30 | 30000 | 27419 |
|  Metropolitan Life Global Funding I<br>2.95%<sup>(1)</sup> | 04/09/30 | 180000 | 170948 |
|  MMI Capital Trust I<br>7.63% | 12/15/27 | 50000 | 52628 |
|  New York Life Global Funding<br>5.00%<sup>(1)</sup> | 01/09/34 | 115000 | 117084 |
|  New York Life Insurance Co.<br>5.88%<sup>(1)</sup> | 05/15/33 | 65000 | 69127 |
|  NLG Global Funding<br>4.35%<sup>(1)</sup> | 09/15/30 | 55000 | 54496 |
|  Willis North America, Inc.<br>5.35% | 05/15/33 | 25000 | 25809 |
|  |  |  | 690187 |
|  **Internet** — **1.5%** |  |  |  |
|  Alphabet, Inc.<br>4.70% | 11/15/35 | 75000 | 75097 |
|  AppLovin Corp.<br>5.50% | 12/01/34 | 70000 | 71997 |
|  Meta Platforms, Inc.<br>4.88% | 11/15/35 | 245000 | 244939 |
|  |  |  | 392033 |
|  **Leisure Time** — **0.2%** |  |  |  |
|  Royal Caribbean Cruises Ltd.<br>5.38% | 01/15/36 | 65000 | 65352 |
|  **Lodging** — **0.6%** |  |  |  |
|  Choice Hotels International, Inc.<br>5.85% | 08/01/34 | 40000 | 40823 |
|  Hyatt Hotels Corp.<br>5.05% | 03/30/28 | 70000 | 71319 |
|  Las Vegas Sands Corp.<br>6.00% | 06/14/30 | 55000 | 57700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Lodging** (Cost: $164,538) |  |  | 169842 |
|  **Media** — **1.0%** |  |  |  |
|  Charter Communications Operating LLC/Charter Communications Operating Capital |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30% | 02/01/32 | 185000 | 159285 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80% | 03/01/50 | 35000 | 26410 |
|  Comcast Corp.<br>1.95% | 01/15/31 | 10000 | 8922 |
|  Fox Corp.<br>6.50% | 10/13/33 | 65000 | 71753 |
|  |  |  | 266370 |
|  **Miscellaneous Manufacturers** — **0.1%** |  |  |  |
|  Dyno Nobel Ltd. (Australia)<br>5.40% | 11/08/32 | &nbsp;&nbsp;&nbsp;&nbsp;60000 | 39168 |
|  **Oil & Gas** — **0.2%** |  |  |  |
|  Aker BP ASA (Norway)<br>3.10%<sup>(1)</sup> | 07/15/31 | 67000 | 61497 |
|  **Packaging & Containers** — **1.9%** |  |  |  |
|  Amcor Finance USA, Inc.<br>5.63% | 05/26/33 | 55000 | 57515 |
|  AptarGroup, Inc.<br>4.75% | 03/30/31 | 65000 | 65518 |
|  Berry Global, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.57% | 01/15/26 | 20000 | 19980 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65% | 01/15/27 | 20000 | 19502 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65% | 01/15/34 | 85000 | 88712 |
|  Sealed Air Corp.<br>1.57%<sup>(1)</sup> | 10/15/26 | 30000 | 29371 |
|  Smurfit Kappa Treasury ULC (Ireland)<br>5.44% | 04/03/34 | 200000 | 207148 |
|  Sonoco Products Co.<br>3.13% | 05/01/30 | 25000 | 23666 |
|  |  |  | 511412 |
|  **Pharmaceuticals** — **2.5%** |  |  |  |
|  AbbVie, Inc.<br>5.20% | 03/15/35 | 95000 | 98361 |
|  Bayer U.S. Finance II LLC (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%<sup>(1)</sup> | 12/15/28 | 25000 | 25034 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 11/21/33 | 35000 | 37909 |
|  Becton Dickinson & Co.<br>3.70% | 06/06/27 | 20000 | 19928 |
|  Bristol-Myers Squibb Co.<br>5.20% | 02/22/34 | 30000 | 31219 |
|  CVS Health Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 08/15/29 | 40000 | 38619 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30% | 06/01/33 | 150000 | 154956 |
|  Elanco Animal Health, Inc.<br>6.65% | 08/28/28 | 15000 | 15686 |
|  Eli Lilly & Co.<br>4.90% | 10/15/35 | 75000 | 76354 |
|  EMD Finance LLC (Germany)<br>5.00%<sup>(1)</sup> | 10/15/35 | 80000 | 80475 |
|  Johnson & Johnson<br>5.00% | 03/01/35 | 45000 | 46916 |
|  Pfizer Investment Enterprises Pte. Ltd.<br>4.75% | 05/19/33 | 35000 | 35410 |
|  |  |  | 660867 |
|  **Pipelines** — **0.4%** |  |  |  |
|  Pipeline Funding Co. LLC<br>7.50%<sup>(1)</sup> | 01/15/30 | 15620 | 16177 |
|  Southern Natural Gas Co. LLC<br>4.80%<sup>(1)</sup> | 03/15/47 | 30000 | 26560 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Pipelines (Continued)** |  |  |  |
|  TransCanada PipeLines Ltd. (Canada) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63% | 03/01/34 | $30000 | $29279 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60% | 03/31/34 | 35000 | 36444 |
|  |  |  | 108460 |
|  **Real Estate** — **0.1%** |  |  |  |
|  Vonovia SE (Germany)<br>5.72%<sup>(8)</sup> | 09/03/35 | &nbsp;&nbsp;&nbsp;&nbsp;40000 | 25710 |
|  **REIT** — **3.9%** |  |  |  |
|  American Assets Trust LP<br>3.38% | 02/01/31 | 25000 | 22809 |
|  American Homes 4 Rent LP<br>2.38% | 07/15/31 | 30000 | 26839 |
|  American Tower Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30% | 09/15/31 | 148000 | 131633 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90% | 01/15/30 | 15000 | 14251 |
|  Americold Realty Operating Partnership LP<br>5.60% | 05/15/32 | 20000 | 20161 |
|  Crown Castle, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25% | 01/15/31 | 120000 | 107335 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30% | 07/01/30 | 25000 | 23723 |
|  CubeSmart LP<br>4.38% | 02/15/29 | 15000 | 15046 |
|  Digital Realty Trust LP<br>3.60% | 07/01/29 | 10000 | 9804 |
|  DOC Dr. LLC (REIT)<br>4.30% | 03/15/27 | 26000 | 26049 |
|  Equinix, Inc.<br>2.50% | 05/15/31 | 35000 | 31711 |
|  Essex Portfolio LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65% | 03/15/32 | 10000 | 8926 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 04/01/34 | 35000 | 36292 |
|  Extra Space Storage LP<br>2.20% | 10/15/30 | 40000 | 36220 |
|  GLP Capital LP/GLP Financing II, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% | 01/15/30 | 2000 | 1942 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30% | 01/15/29 | 20000 | 20373 |
|  Healthcare Realty Holdings LP<br>3.10% | 02/15/30 | 15000 | 14244 |
|  Host Hotels & Resorts LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 09/15/30 | 30000 | 28628 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70% | 06/15/32 | 40000 | 41786 |
|  Hudson Pacific Properties LP<br>3.95% | 11/01/27 | 25000 | 23902 |
|  Invitation Homes Operating Partnership LP<br>5.50% | 08/15/33 | 20000 | 20744 |
|  Kilroy Realty LP (REIT)<br>3.05% | 02/15/30 | 5000 | 4649 |
|  Lineage OP LP<br>5.25%<sup>(1)</sup> | 07/15/30 | 25000 | 25246 |
|  LXP Industrial Trust |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38% | 10/01/31 | 25000 | 21857 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70% | 09/15/30 | 25000 | 22936 |
|  NNN REIT, Inc.<br>5.60% | 10/15/33 | 40000 | 41830 |
|  Piedmont Operating Partnership LP<br>2.75% | 04/01/32 | 35000 | 30159 |
|  Realty Income Corp.<br>5.13% | 04/15/35 | 25000 | 25457 |
|  Rexford Industrial Realty LP<br>2.15% | 09/01/31 | 30000 | 26310 |
|  UDR, Inc. (REIT)<br>4.40% | 01/26/29 | 10000 | 10051 |
|  Ventas Realty LP (REIT)<br>4.13% | 01/15/26 | 10000 | 9999 |
|  VICI Properties LP<br>5.13% | 05/15/32 | 52000 | 52386 |
|  Weyerhaeuser Co.<br>3.38% | 03/09/33 | 15000 | 13731 |
|  WP Carey, Inc.<br>4.65% | 07/15/30 | 75000 | 75595 |
|  |  |  | 1022624 |
|  **Retail** — **0.6%** |  |  |  |
|  AutoZone, Inc.<br>5.13% | 06/15/30 | 40000 | 41302 |
|  Starbucks Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55% | 11/15/30 | 20000 | 18501 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80% | 05/15/30 | 90000 | 91948 |
|  |  |  | 151751 |
|  **Savings & Loans** — **0.1%** |  |  |  |
|  Nationwide Building Society (United Kingdom)<br>1.50%<sup>(1)</sup> | 10/13/26 | 25000 | 24540 |
|  **Semiconductors** — **0.8%** |  |  |  |
|  Broadcom, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60% | 02/15/33 | 65000 | 57334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.42% | 04/15/33 | 20000 | 18528 |
|  Foundry JV Holdco LLC<br>5.50%<sup>(1)</sup> | 01/25/31 | 55000 | 56827 |
|  Intel Corp.<br>2.00% | 08/12/31 | 85000 | 74582 |
|  Micron Technology, Inc.<br>2.70% | 04/15/32 | 15000 | 13466 |
|  |  |  | 220737 |
|  **Software** — **3.4%** |  |  |  |
|  Atlassian Corp.<br>5.50% | 05/15/34 | 105000 | 108767 |
|  Cadence Design Systems, Inc.<br>4.70% | 09/10/34 | 110000 | 110119 |
|  Constellation Software, Inc. (Canada)<br>5.46%<sup>(1)</sup> | 02/16/34 | 100000 | 100923 |
|  Fiserv, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65% | 06/01/30 | 20000 | 18453 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25% | 08/11/35 | 75000 | 74931 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63% | 08/21/33 | 30000 | 30946 |
|  Open Text Corp. (Canada)<br>6.90%<sup>(1)</sup> | 12/01/27 | 72000 | 74968 |
|  Oracle Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70% | 09/27/34 | 75000 | 69668 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25% | 11/09/32 | 90000 | 93960 |
|  Paychex, Inc.<br>5.60% | 04/15/35 | 140000 | 146749 |
|  Synopsys, Inc.<br>5.15% | 04/01/35 | 30000 | 30512 |
|  Take-Two Interactive Software, Inc.<br>4.00% | 04/14/32 | 50000 | 48524 |
|  |  |  | 908520 |
|  **Telecommunications** — **2.3%** |  |  |  |
|  Cisco Systems, Inc.<br>5.05% | 02/26/34 | 90000 | 92722 |
|  Sprint Capital Corp.<br>8.75% | 03/15/32 | 85000 | 102885 |
|  Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III LLC<br>5.15%<sup>(1)</sup> | 09/20/29 | 146250 | 147272 |
|  T-Mobile USA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55% | 02/15/31 | 179000 | 163585 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 04/15/31 | 60000 | 57475 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05% | 07/15/33 | 55000 | 56161 |
|  |  |  | 620100 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Toys/Games/Hobbies** — **0.2%** |  |  |  |
|  Mattel, Inc.<br>5.00% | 11/17/30 | $60000 | $60451 |
|  **Transportation** — **0.3%** |  |  |  |
|  Aurizon Network Pty. Ltd. (Australia)<br>2.90%<sup>(8)</sup> | 09/02/30 | &nbsp;&nbsp;&nbsp;&nbsp;40000 | 23629 |
|  Norfolk Southern Corp.<br>3.00% | 03/15/32 | 15000 | 13837 |
|  Pacific National Finance Pty. Ltd. (Australia)<br>3.70% | 09/24/29 | &nbsp;&nbsp;&nbsp;&nbsp;30000 | 18392 |
|  Union Pacific Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38% | 05/20/31 | 10000 | 9178 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.89% | 04/06/36 | 20000 | 16921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Transportation** (Cost: $86,254) |  |  | 81957 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $16,279,354) |  |  | 16666550 |
|  **MUNICIPAL BONDS** — **1.9%** |  |  |  |
|  Commonwealth of Massachusetts, Revenue Bonds<br>4.11% | 07/15/31 | 4945 | 4938 |
|  County of Miami-Dade Aviation Revenue, Revenue Bonds<br>3.50% | 10/01/31 | 15000 | 14372 |
|  Empire State Development Corp., Revenue Bonds<br>2.00% | 03/15/33 | 15000 | 12730 |
|  Empire State Development Corp., Series B<br>2.97% | 03/15/34 | 15000 | 13327 |
|  Maryland Economic Development Corp., Revenue Bonds<br>5.43% | 05/31/56 | 50000 | 48042 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Revenue Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.97% | 02/01/33 | 100000 | 84766 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.73% | 08/01/29 | 5000 | 4961 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 11/01/53 | 40000 | 41456 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Series D-3<br>2.50% | 11/01/33 | 50000 | 43217 |
|  New York State Dormitory Authority, Revenue Bonds<br>1.95% | 03/15/29 | 75000 | 70946 |
|  New York State Dormitory Authority, Revenue bonds<br>5.29% | 03/15/33 | 45167 | 45937 |
|  New York State Thruway Authority, Revenue Bonds<br>5.00% | 03/15/59 | 60000 | 61771 |
|  Prosper Independent School District, General Obligation Unlimited<br>4.75% | 02/15/55 | 30000 | 30476 |
|  Santa Monica Community College District,<br>2.05% | 08/01/33 | 20000 | 16903 |
|  University of Michigan, Series C<br>3.44% | 04/01/31 | 25000 | 24404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Municipal Bonds** (Cost: $558,646) |  |  | 518246 |
|  **FOREIGN GOVERNMENT BONDS** — **0.6%** |  |  |  |
|  New South Wales Treasury Corp.<br>5.25%<sup>(8)</sup> | 02/24/38 | &nbsp;&nbsp;&nbsp;&nbsp;105000 | 68153 |
|  Queensland Treasury Corp.<br>5.25%<sup>(8)</sup> | 08/13/38 | &nbsp;&nbsp;&nbsp;&nbsp;115000 | 73850 |
|  Treasury Corp. of Victoria<br>2.00% | 11/20/37 | &nbsp;&nbsp;&nbsp;&nbsp;35000 | 16008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Foreign Government Bonds** (Cost: $160,310) |  |  | 158011 |
|  **U.S. TREASURY SECURITIES** — **5.2%** |  |  |  |
|  U.S. Treasury Notes |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38% | 12/31/27 | 620000 | 618813 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 12/15/28 | 195000 | 194795 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 11/30/30 | 23000 | 22776 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63% | 12/31/30 | 285000 | 283698 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 12/31/32 | 60000 | 59770 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% | 11/15/35 | 215000 | 212094 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $1,392,508) |  |  | 1391946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $26,785,321) |  |  | 26869881 |
|  **CONVERTIBLE SECURITIES** — **0.1%** |  |  |  |
|  **CONVERTIBLE CORPORATE BONDS** — **0.1%** |  |  |  |
|  **Commercial Services** — **0.1%** |  |  |  |
|  Worldline SA (France)<br>0.00%<sup>(7),(8)</sup> | 07/30/26 | 13258 | 15218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Corporate Bonds** (Cost: $14,230) |  |  | 15218 |
| **Security** |  | **Shares** | **Value** |
|  **MONEY MARKET INVESTMENTS** — **7.4%** |  |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 3.74%<sup>(9)</sup> |  | 58407 | 58407 |
|  TCW Central Cash Fund, 3.71%<sup>(9),(10)</sup> |  | 1893446 | 1893446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $1,951,853) |  |  | 1951853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **PURCHASED OPTIONS(11) (0.0%)** (Cost: $11,133) |  |  | 203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (108.9%)** (Cost: $28,762,537) |  |  | 28837155 |
|  **Liabilities In Excess Of Other Assets (-8.9%)** |  |  | (2350086) |
|  **Net Assets (100.0%)** |  |  | $26487069 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  |
| **Number of<br>Contracts** | **Type** | **Expiration<br>Date** | **Notional<br>Contract<br>Value** | **Value** | **Net Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Futures** |  |  |  |  |  |
| 50 | 2-Year U.S. Treasury Note Futures | 03/31/26 | $10431916 | $10439453 | $7537 |
|  |  |  | $**10431916** | $**10439453** | $**7537** |
|  **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** |
| 3 | 3-Year Australian Bond Futures | 03/16/26 | $(210337) | $(210049) | $288 |
| 3 | 10-Year Australian Bond Futures | 03/16/26 | (219122) | (219028) | 94 |
| 13 | 10-Year U.S. Treasury Note Futures | 03/20/26 | (1498734) | (1495203) | 3531 |
| 11 | 5-Year U.S. Treasury Note Futures | 03/31/26 | (1201130) | (1202352) | (1222) |
| 1 | Euro-bobl Future | 03/06/26 | (136986) | (136424) | 562 |
| 2 | Euro-Bund Futures | 03/06/26 | (301784) | (299649) | 2135 |
| 4 | U.S. Ultra Long Bond Futures | 03/20/26 | (479212) | (472000) | 7212 |
|  |  |  | $**(4047305)** | $**(4034705)** | $**12600** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  |
| **Counterparty** | **Contracts to<br>Deliver** | **Units of<br>Currency** | **Settlement<br>Date** | **In Exchange<br>for USD** | **Contracts<br>at Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **BUY<sup>(12)</sup>** |  |  |  |  |  |  |
|  Goldman Sachs & Co. | EUR | 13023 | 01/09/26 | $15327 | $15296 | $(31) |
|  JP Morgan Chase Bank | EUR | 87919 | 01/09/26 | 102109 | 103276 | 1167 |
|  |  |  |  | $**117436** | $**118572** | $**1136** |
|  **SELL<sup>(13)</sup>** |  |  |  |  |  |  |
|  Citibank N.A. | AUD | 412436 | 01/09/26 | 272127 | 275042 | (2915) |
|  Citibank N.A. | EUR | 505144 | 01/09/26 | 594004 | 593379 | 625 |
|  |  |  |  | $**866131** | $**868421** | $**(2290)** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  **SWAPTIONS**  | **SWAPTIONS**  | **SWAPTIONS**  | **SWAPTIONS**  | **SWAPTIONS**  | **SWAPTIONS**  | **SWAPTIONS**  | **SWAPTIONS**  | **SWAPTIONS**  |
| **Description** | **Counterparty** | **Exercise<br>Price** | **Expiration<br>Date** | **Number of<br>Contracts** | **Notional<br>Amount** | **Market<br>Value** | **Premiums<br>Paid<br>(Received)<br>by Fund** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** |
|  2-Year Interest Rate Swap | Morgan Stanley & Co. | 4.05 | 01/30/26 | 1253000 | $1253000 | $1 | $1441 | $(1440) |
|  2-Year Interest Rate Swap | Morgan Stanley & Co. | 4.03 | 02/27/26 | 1253000 | 1253000 | 10 | 1629 | (1619) |
|  2-Year Interest Rate Swap | Morgan Stanley & Co. | 4.00 | 03/31/26 | 1253000 | 1253000 | 58 | 2101 | (2043) |
|  5-Year Interest Rate Swap | Bank of America | 4.22 | 01/30/26 | 523000 | 523000 | 2 | 1621 | (1619) |
|  5-Year Interest Rate Swap | JPMorgan Chase Bank | 4.22 | 02/27/26 | 523000 | 523000 | 26 | 1987 | (1961) |
|  5-Year Interest Rate Swap | JPMorgan Chase Bank | 4.22 | 03/31/26 | 523000 | 523000 | 106 | 2354 | (2248) |
|  **Total Swaptions** |  |  |  |  |  | $**203** | $**11133** | $**(10930)** |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| ACES | Alternative Credit Enhancement Securities. |
| AUD | Australian Dollar. |
| CLO | Collateralized Loan Obligation. |
| EUR | Euro Currency. |
| I/F | Inverse Floating rate security whose interest rate moves in the opposite direction of prevailing interest rates. |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | |
|:---|:---|
| I/O | Interest Only Security. |
| LIBOR | London Interbank Offered Rate. |
| PAC | Planned Amortization Class. |
| REMIC | Real Estate Mortgage Investment Conduits. |
| SOFR | Secured Overnight Financing Rate. |
| STRIPS | Separate Trading of Registered Interest and Principal Securities. |
| TBA | To Be Announced. |
| (1) | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold, normally only to qualified institutional buyers. At December 31, 2025, the value of these securities amounted to $6,061,270 or 22.9% of net assets. These securities are determined to be liquid by the Fund's investment advisor, unless otherwise noted, under procedures established by and under the general supervision of the Company's Board of Directors. |
| (2) | Floating or variable rate security. The interest shown reflects the rate in effect at December 31, 2025. |
| (3) | For fair value measurement disclosure purposes, security is categorized as Level 3. Security is valued using significant unobservable inputs. |
| (4) | Security purchased on a forward commitment with an approximate principal amount. The actual principal amount and maturity date will be determined upon settlement when the security is delivered. |
| (5) | Variable rate security. Interest rate disclosed is as of the most recent information available. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description above. |
| (6) | Restricted security (Note 4). |
| (7) | Security is not accruing interest. |
| (8) | Investments issued under Regulation S of the Securities Act of 1933, as amended, may not be offered, sold, or delivered within the United States except under special exemptions. At December 31, 2025, the value of these securities amounted to $431,037 or 1.6% of net assets. |
| (9) | Rate disclosed is the 7-day net yield as of December 31, 2025. |
| (10) | Affiliated issuer. |
| (11) | See options table for description of purchased options. |
| (12) | Fund buys foreign currency, sells USD. |
| (13) | Fund sells foreign currency, buys USD. |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

The summary of the TCW MetWest Investment Grade Credit Fund transactions in the affiliated funds for the period ended December 31, 2025 is as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name<br>of Affiliated<br>Fund** | **Value at<br>March 31,<br>2025** | **Purchases at<br>Cost** | **Proceeds from<br>Sales** | **Number of<br>Shares Held<br>December 31,<br>2025** | **Value at December 31,<br>2025** | **Dividends<br>and Interest<br>Income<br>Received** | **Distributions<br>Received<br>from Net<br>Realized Gain** | **Net change in<br>Unrealized<br>Gain (Loss) on<br>Investments** |
|  TCW Central Cash Fund | $811687 | $22492759 | $21411000 | 1893446 | $1893446 | $34613 | $– $– $|  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $1893446 | $34613 | $– $– $|  |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| Fair Valuation Summary (Unaudited) | December 31, 2025 |

---

The following is a summary of the fair valuations according to the inputs used as of December 31, 2025 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Fixed Income Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds | $— | $16666550 | $— | $16666550 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Agency |  | 3750459 |  | 3750459 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 2136232 |  | 2136232 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Securities |  | 1391946 |  | 1391946 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Non-Agency |  | 1369095 |  | 1369095 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 823217 | 27124 | 850341 |
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds |  | 518246 |  | 518246 |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign Government Bonds |  | 158011 |  | 158011 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Agency |  | 29001 |  | 29001 |
|  Total Fixed Income Securities |  | 26842757 | 27124 | 26869881 |
|  Convertible Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Convertible Corporate Bonds |  | 15218 |  | 15218 |
|  Equity Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Money Market Investments | 1951853 |  |  | 1951853 |
|  Swaptions |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Purchased Swaptions—OTC |  | 203 |  | 203 |
|  Total Investments | $1951853 | $26858178 | $27124 | $28837155 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 1792 |  | 1792 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 21359 |  |  | 21359 |
|  Total | $1973212 | $26859970 | $27124 | $28860306 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | $(1222) | $— | $— | $(1222) |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | (2946) |  | (2946) |
|  Total | $(1222) | $(2946) | $— | $(4168) |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **FIXED INCOME SECURITIES** — **115.6% of Net Assets** | **FIXED INCOME SECURITIES** — **115.6% of Net Assets** | **FIXED INCOME SECURITIES** — **115.6% of Net Assets** | **FIXED INCOME SECURITIES** — **115.6% of Net Assets** |
|  **ASSET-BACKED SECURITIES** — **15.3%** |  |  |  |
|  321 Henderson Receivables I LLC Series 2007-1A, Class A1<br>4.06% (1 mo. USD Term SOFR + 0.314%)<sup>(1),(2)</sup> | 03/15/42 | $1610563 | $1555080 |
|  Access Group, Inc. Series 2015-1, Class A<br>4.69% (30 day USD SOFR Average + 0.814%)<sup>(1),(2)</sup> | 07/25/56 | 529686 | 524395 |
|  AGL CLO 13 Ltd. Series 2021-13A, Class A1R<br>4.98% (3 mo. USD Term SOFR + 1.100%)<sup>(1),(2)</sup> | 10/20/34 | 2450000 | 2450632 |
|  Aligned Data Centers Issuer LLC Series 2021-1A, Class A2<br>1.94%<sup>(1)</sup> | 08/15/46 | 1600000 | 1571651 |
|  Aligned Data Centers Issuer LLC Series 2022-1A, Class A2<br>6.35%<sup>(1)</sup> | 10/15/47 | 1785000 | 1786292 |
|  Aligned Data Centers Issuer LLC Series 2023-1A, Class A2<br>6.00%<sup>(1)</sup> | 08/17/48 | 1765000 | 1778325 |
|  ALLO Issuer LLC Series 2023-1A, Class A2<br>6.20%<sup>(1)</sup> | 06/20/53 | 1450000 | 1469357 |
|  Apidos CLO XXXI Series 2019-31A, Class A1R<br>5.27% (3 mo. USD Term SOFR + 1.362%)<sup>(1),(2)</sup> | 04/15/31 | 1539900 | 1540527 |
|  Avis Budget Rental Car Funding AESOP LLC Series 2022-5A, Class C<br>6.24%<sup>(1)</sup> | 04/20/27 | 840000 | 842402 |
|  Bain Capital Credit CLO Ltd. Series 2021-3A, Class AR<br>4.93% (3 mo. USD Term SOFR + 1.060%)<sup>(1),(2)</sup> | 07/24/34 | 4500000 | 4492957 |
|  BlueMountain CLO XXX Ltd. Series 2020-30A, Class AR2<br>5.05% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 04/15/35 | 2500000 | 2500072 |
|  Capital Street Master Trust Series 2025-1, Class B<br>5.47% (30 day USD SOFR Average + 1.500%)<sup>(1),(2)</sup> | 08/16/29 | 1525000 | 1521546 |
|  Cedar Funding VI CLO Ltd. Series 2016-6A, Class AR3<br>4.97% (3 mo. USD Term SOFR + 1.090%)<sup>(1),(2)</sup> | 04/20/34 | 4500000 | 4498758 |
|  CIFC Funding Ltd. Series 2016-1A, Class AR3<br>4.87% (3 mo. USD Term SOFR + 1.000%)<sup>(1),(2)</sup> | 10/21/31 | 4254012 | 4255782 |
|  CLI Funding VI LLC Series 2020-1A, Class A<br>2.08%<sup>(1)</sup> | 09/18/45 | 352472 | 333058 |
|  Cologix Data Centers U.S. Issuer LLC Series 2021-1A, Class A2<br>3.30%<sup>(1)</sup> | 12/26/51 | 4380000 | 4306449 |
|  DataBank Issuer LLC Series 2021-1A, Class A2<br>2.06%<sup>(1)</sup> | 02/27/51 | 3150000 | 3135929 |
|  Diamond Infrastructure Funding LLC Series 2021-1A, Class A<br>1.76%<sup>(1)</sup> | 04/15/49 | 1685000 | 1638103 |
|  Dryden 40 Senior Loan Fund Series 2015-40A, Class AR2<br>5.00% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 08/15/31 | 1422459 | 1423394 |
|  Elmwood CLO 15 Ltd. Series 2022-2A, Class A1R<br>5.01% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 04/22/35 | 4400000 | 4402376 |
|  Global SC Finance VII SRL Series 2020-2A, Class A<br>2.26%<sup>(1)</sup> | 11/19/40 | 2177270 | 2094126 |
|  Goal Capital Funding Trust Series 2006-1, Class B<br>5.30% (3 mo. USD LIBOR + 0.450%)<sup>(2)</sup> | 08/25/42 | 766600 | 746278 |
|  GoldenTree Loan Management U.S. CLO 11 Ltd. Series 2021-11A, Class AR<br>4.96% (3 mo. USD Term SOFR + 1.080%)<sup>(1),(2)</sup> | 10/20/34 | 2600000 | 2599002 |
|  HPS Loan Management Ltd. Series 2021-16A, Class A1R<br>4.97% (3 mo. USD Term SOFR + 1.110%)<sup>(1),(2)</sup> | 01/23/35 | 4000000 | 4001636 |
|  HTS Fund II LLC Series 2025-1, Class A<br>5.35%<sup>(1)</sup> | 06/23/45 | 1535000 | 1539269 |
|  Invesco CLO Ltd. Series 2021-2A, Class AR<br>5.00% (3 mo. USD Term SOFR + 1.100%)<sup>(1),(2)</sup> | 07/15/34 | 4000000 | 4001780 |
|  JGWPT XXX LLC Series 2013-3A, Class A<br>4.08%<sup>(1)</sup> | 01/17/73 | 2136861 | 2045413 |
|  LCM 29 Ltd. Series 29A, Class AR<br>5.24% (3 mo. USD Term SOFR + 1.332%)<sup>(1),(2)</sup> | 04/15/31 | 851445 | 852737 |
|  LCM 33 Ltd. Series 33A, Class AR<br>5.06% (3 mo. USD Term SOFR + 1.180%)<sup>(1),(2)</sup> | 07/20/34 | 5000000 | 5001500 |
|  LCM 37 Ltd. Series 37A, Class A1R<br>4.96% (3 mo. USD Term SOFR + 1.060%)<sup>(1),(2)</sup> | 04/15/34 | 2306489 | 2305560 |
|  Navient Private Education Refi Loan Trust Series 2021-CA, Class A<br>1.06%<sup>(1)</sup> | 10/15/69 | 555818 | 510163 |
|  Navient Private Education Refi Loan Trust Series 2021-FA, Class A<br>1.11%<sup>(1)</sup> | 02/18/70 | 2871038 | 2562606 |
|  Nelnet Student Loan Trust Series 2013-1A, Class A<br>4.59% (30 day USD SOFR Average + 0.714%)<sup>(1),(2)</sup> | 06/25/41 | 738069 | 736509 |
|  Neuberger Berman CLO XVI-S Ltd. Series 2017-16SA, Class XR2<br>4.85% (3 mo. USD Term SOFR + 0.950%)<sup>(1),(2)</sup> | 04/15/39 | 2000000 | 2000958 |
|  Octagon Investment Partners 41 Ltd. Series 2019-2A, Class A1R<br>4.99% (3 mo. USD Term SOFR + 1.090%)<sup>(1),(2)</sup> | 10/15/33 | 5470000 | 5471406 |
|  Octagon Investment Partners 44 Ltd. Series 2019-1A, Class AR2<br>5.05% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 10/15/34 | 4500000 | 4501125 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **ASSET-BACKED SECURITIES (Continued)** |  |  |  |
|  Octagon Investment Partners 45 Ltd. Series 2019-1A, Class A1RR<br>5.05% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 04/15/35 | $4500000 | $4502871 |
|  Octagon Investment Partners XVII Ltd. Series 2013-1A, Class BR2<br>5.52% (3 mo. USD Term SOFR + 1.662%)<sup>(1),(2)</sup> | 01/25/31 | 926615 | 928362 |
|  Palmer Square Loan Funding Ltd. Series 2022-3A, Class A1BR<br>5.30% (3 mo. USD Term SOFR + 1.400%)<sup>(1),(2)</sup> | 04/15/31 | 5060000 | 5066472 |
|  Park Avenue Institutional Advisers CLO Ltd. Series 2021-2A, Class A1R<br>4.82% (3 mo. USD Term SOFR + 1.050%)<sup>(1),(2)</sup> | 07/15/34 | 4300000 | 4302524 |
|  Regatta XVI Funding Ltd. Series 2019-2A, Class A1R<br>5.10% (3 mo. USD Term SOFR + 1.200%)<sup>(1),(2)</sup> | 01/15/33 | 2508425 | 2513026 |
|  Rockford Tower CLO Ltd. Series 2017-3A, Class A<br>5.34% (3 mo. USD Term SOFR + 1.452%)<sup>(1),(2)</sup> | 10/20/30 | 173797 | 173869 |
|  Rockford Tower CLO Ltd. Series 2018-1A, Class A<br>5.25% (3 mo. USD Term SOFR + 1.362%)<sup>(1),(2)</sup> | 05/20/31 | 223779 | 223888 |
|  Rockford Tower CLO Ltd. Series 2019-1A, Class AR2<br>4.98% (3 mo. USD Term SOFR + 1.100%)<sup>(1),(2)</sup> | 04/20/34 | 4400000 | 4398772 |
|  Rockford Tower CLO Ltd. Series 2019-2A, Class AR2<br>5.02% (3 mo. USD Term SOFR + 1.130%)<sup>(1),(2)</sup> | 08/20/32 | 1554621 | 1556771 |
|  Skyline Aviation, Inc. Class A<br>3.23%<sup>(3)</sup> | 07/03/38 | 4876069 | 4611103 |
|  SLM Student Loan Trust Series 2008-4, Class A4<br>6.22% (90 day USD SOFR Average + 1.912%)<sup>(2)</sup> | 07/25/22 | 1125291 | 1129308 |
|  SLM Student Loan Trust Series 2008-6, Class A4<br>5.67% (90 day USD SOFR Average + 1.362%)<sup>(2)</sup> | 07/26/83 | 633479 | 634797 |
|  SLM Student Loan Trust Series 2012-2, Class A<br>4.69% (30 day USD SOFR Average + 0.814%)<sup>(2)</sup> | 01/25/29 | 1154187 | 1135538 |
|  SLM Student Loan Trust Series 2014-1, Class A3<br>4.59% (30 day USD SOFR Average + 0.714%)<sup>(2)</sup> | 02/26/29 | 2095030 | 2047024 |
|  Stack Infrastructure Issuer LLC Series 2021-1A, Class A2<br>1.88%<sup>(1)</sup> | 03/26/46 | 2490000 | 2471902 |
|  Store Master Funding I-VII & XIV Series 2019-1, Class A3<br>3.32%<sup>(1)</sup> | 11/20/49 | 974431 | 958428 |
|  TCI-Symphony CLO Ltd. Series 2016-1A, Class AR2<br>5.19% (3 mo. USD Term SOFR + 1.282%)<sup>(1),(2)</sup> | 10/13/32 | 3828949 | 3832142 |
|  Trestles CLO V Ltd. Series 2021-5A, Class A1R<br>5.13% (3 mo. USD Term SOFR + 1.250%)<sup>(1),(2)</sup> | 10/20/34 | 2500000 | 2502075 |
|  Trinity Rail Leasing LLC Series 2019-1A, Class A<br>3.82%<sup>(1)</sup> | 04/17/49 | 2002296 | 1996507 |
|  Vantage Data Centers Issuer LLC Series 2021-1A, Class A2<br>2.17%<sup>(1)</sup> | 10/15/46 | 1355000 | 1327731 |
|  VB-S1 Issuer LLC Series 2022-1A, Class C2I<br>3.16%<sup>(1)</sup> | 02/15/52 | 1970000 | 1915494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-backed Securities** (Cost: $135,257,754) |  |  | 135225757 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **28.6%** |  |  |  |
|  Federal Home Loan Mortgage Corp., Pool #SD8286<br>4.00% | 01/01/53 | 2959970 | 2821519 |
|  Federal Home Loan Mortgage Corp., Pool #C46104<br>6.50% | 09/01/29 | 582 | 592 |
|  Federal Home Loan Mortgage Corp., Pool #A45796<br>7.00% | 01/01/33 | 358 | 366 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2174, Class PN (PAC)<br>6.00% | 07/15/29 | 75634 | 77416 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2454, Class FQ<br>5.10% (30 day USD SOFR Average + 1.114%)<sup>(2)</sup> | 06/15/31 | 1298 | 1313 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2733, Class FB (PAC)<br>4.70% (30 day USD SOFR Average + 0.714%)<sup>(2)</sup> | 10/15/33 | 670482 | 673664 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3294, Class CB<br>5.50% | 03/15/37 | 130350 | 133397 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3300, Class FA<br>4.40% (30 day USD SOFR Average + 0.414%)<sup>(2)</sup> | 08/15/35 | 214059 | 213198 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3325, Class NF<br>4.40% (30 day USD SOFR Average + 0.414%)<sup>(2)</sup> | 08/15/35 | 552025 | 549805 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3524, Class FC<br>5.04% (30 day USD SOFR Average + 1.054%)<sup>(2)</sup> | 06/15/38 | 151903 | 153779 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3531, Class FM<br>5.00% (30 day USD SOFR Average + 1.014%)<sup>(2)</sup> | 05/15/39 | 87454 | 88475 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4959, Class JF<br>4.44% (30 day USD SOFR Average + 0.564%)<sup>(2)</sup> | 03/25/50 | 3937157 | 3857471 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 240, Class F30<br>4.40% (30 day USD SOFR Average + 0.414%)<sup>(2)</sup> | 07/15/36 | 662984 | 658136 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)**  |  |  |  |
|  Federal Home Loan Mortgage Corp. STRIPS Series 263, Class F5<br>4.60% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 06/15/42 | $844700 | $841203 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 319, Class F2<br>4.60% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 11/15/43 | 3950757 | 3924774 |
|  Federal National Mortgage Association, Pool #MA4626<br>4.00% | 06/01/52 | 2183434 | 2083677 |
|  Federal National Mortgage Association, Pool #MA4866<br>4.00% | 01/01/53 | 2291324 | 2184149 |
|  Federal National Mortgage Association, Pool #MA4805<br>4.50% | 11/01/52 | 12539919 | 12303604 |
|  Federal National Mortgage Association, Pool #MA5009<br>5.00% | 05/01/53 | 4128278 | 4141208 |
|  Federal National Mortgage Association, Pool #AE0083<br>6.00% | 01/01/40 | 316853 | 337220 |
|  Federal National Mortgage Association, Pool #AL0851<br>6.00% | 10/01/40 | 369038 | 392759 |
|  Federal National Mortgage Association, Pool #735861<br>6.50% | 09/01/33 | 3101 | 3262 |
|  Federal National Mortgage Association, Pool #770900<br>6.55% (1 yr. USD RFUCCT + 1.552%)<sup>(2)</sup> | 04/01/34 | 52657 | 53200 |
|  Federal National Mortgage Association REMICS Series 1997-76, Class FS<br>4.51% (30 day USD SOFR Average + 0.564%)<sup>(2)</sup> | 09/17/27 | 862 | 861 |
|  Federal National Mortgage Association REMICS Series 2001-60, Class OF<br>4.94% (30 day USD SOFR Average + 1.064%)<sup>(2)</sup> | 10/25/31 | 163057 | 164831 |
|  Federal National Mortgage Association REMICS Series 2007-64, Class FA<br>4.46% (30 day USD SOFR Average + 0.584%)<sup>(2)</sup> | 07/25/37 | 116294 | 115771 |
|  Federal National Mortgage Association REMICS Series 2009-85, Class LF<br>5.19% (30 day USD SOFR Average + 1.314%)<sup>(2)</sup> | 10/25/49 | 1303947 | 1333597 |
|  Federal National Mortgage Association REMICS Series 2009-96, Class FA<br>4.89% (30 day USD SOFR Average + 1.014%)<sup>(2)</sup> | 11/25/49 | 823029 | 831226 |
|  Federal National Mortgage Association REMICS Series 2010-109, Class PF (PAC)<br>4.39% (30 day USD SOFR Average + 0.514%)<sup>(2)</sup> | 10/25/40 | 321761 | 321319 |
|  Federal National Mortgage Association REMICS Series 2010-26, Class S (I/O) (I/F)<br>2.24% (-30 day USD SOFR Average + 6.116%)<sup>(2)</sup> | 11/25/36 | 2161064 | 185278 |
|  Federal National Mortgage Association REMICS Series 2010-43, Class DP (PAC)<br>5.00% | 05/25/40 | 259073 | 264410 |
|  Federal National Mortgage Association REMICS Series 2010-6, Class BF<br>4.75% (30 day USD SOFR Average + 0.874%)<sup>(2)</sup> | 02/25/40 | 667106 | 671283 |
|  Federal National Mortgage Association REMICS Series 2010-95, Class S (I/O) (I/F)<br>2.61% (-30 day USD SOFR Average + 6.486%)<sup>(2)</sup> | 09/25/40 | 1898260 | 197254 |
|  Federal National Mortgage Association REMICS Series 2019-79, Class FA<br>4.49% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 01/25/50 | 2450430 | 2411123 |
|  Federal National Mortgage Association REMICS Series 2020-10, Class FA<br>4.49% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 03/25/50 | 4333466 | 4265813 |
|  Federal National Mortgage Association REMICS Series 2024-73, Class FB<br>5.07% (30 day USD SOFR Average + 1.200%)<sup>(2)</sup> | 10/25/54 | 11627324 | 11671146 |
|  Government National Mortgage Association, Pool #MA8346<br>4.00% | 10/20/52 | 998514 | 952637 |
|  Government National Mortgage Association, Pool #MA9963<br>4.50% | 10/20/54 | 4703210 | 4588811 |
|  Government National Mortgage Association, Pool #MB0024<br>4.50% | 11/20/54 | 3461420 | 3378947 |
|  Government National Mortgage Association, Pool #80968<br>5.38% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 07/20/34 | 78985 | 80250 |
|  Government National Mortgage Association, Pool #MA9488<br>5.50% | 02/20/54 | 2837455 | 2882458 |
|  Government National Mortgage Association, Pool #80059<br>5.63% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 04/20/27 | 1118 | 1120 |
|  Government National Mortgage Association, Pool #80589<br>5.63% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 03/20/32 | 6068 | 6098 |
|  Government National Mortgage Association, Pool #80610<br>5.63% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 06/20/32 | 3123 | 3166 |
|  Government National Mortgage Association, Pool #81201<br>6.13% (1 yr. CMT + 2.000%)<sup>(2)</sup> | 01/20/35 | 2963 | 3021 |
|  Government National Mortgage Association, Pool #2487<br>8.50% | 09/20/27 | 168 | 168 |
|  Government National Mortgage Association REMICS Series 2009-106, Class XI (I/O) (I/F)<br>2.95% (-1 mo. USD Term SOFR + 6.686%)<sup>(2)</sup> | 05/20/37 | 1456759 | 146153 |
|  Government National Mortgage Association REMICS Series 2013-53, Class AD<br>1.50% | 12/20/26 | 8435 | 8360 |
|  Government National Mortgage Association REMICS Series 2024-143, Class FB<br>5.07% (30 day USD SOFR Average + 1.150%)<sup>(2)</sup> | 09/20/54 | 12067867 | 12132594 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)**  |  |  |
|  Government National Mortgage Association REMICS Series 2024-144, Class FD<br>5.07% (30 day USD SOFR Average + 1.150%)<sup>(2)</sup> | 09/20/54 | $6397154 | $6430574 |
|  Government National Mortgage Association REMICS Series 2024-148, Class AF<br>5.10% (30 day USD SOFR Average + 1.180%)<sup>(2)</sup> | 09/20/54 | 8661414 | 8713561 |
|  Government National Mortgage Association, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(4)</sup> | 05/01/55 | 5275000 | 4979835 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(4)</sup> | 07/01/55 | 5125000 | 4993157 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(4)</sup> | 07/01/55 | 11950000 | 11919032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(4)</sup> | 05/01/55 | 3575000 | 3609785 |
|  Uniform Mortgage-Backed Security, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(4)</sup> | 01/01/40 | 14975000 | 14565816 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(4)</sup> | 01/01/52 | 5800000 | 5345822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(4)</sup> | 01/01/52 | 2100000 | 1941808 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(4)</sup> | 09/01/37 | 20900000 | 20633107 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(4)</sup> | 05/01/55 | 5925000 | 5621483 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(4)</sup> | 07/01/40 | 30600000 | 30632895 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(4)</sup> | 07/01/55 | 3975000 | 3880610 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(4)</sup> | 04/01/40 | 31350000 | 31768836 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(4)</sup> | 07/01/55 | 9425000 | 9402168 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(4)</sup> | 05/01/55 | 5250000 | 5324051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities**—**Agency** (Cost: $252,358,587) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities**—**Agency** (Cost: $252,358,587) |  | 251874422 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **8.4%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **8.4%** |  |  |
|  ALA Trust Series 2025-OANA, Class A<br>5.49% (1 mo. USD Term SOFR + 1.743%)<sup>(1),(2)</sup> | 06/15/40 | 2715000 | 2729583 |
|  Bank Series 2018-BN14, Class A2<br>4.13% | 09/15/60 | 3119390 | 3108296 |
|  Benchmark Mortgage Trust Series 2020-B17, Class A2<br>2.21% | 03/15/53 | 4056576 | 3845510 |
|  BX Commercial Mortgage Trust Series 2021-XL2, Class A<br>4.55% (1 mo. USD Term SOFR + 0.803%)<sup>(1),(2)</sup> | 10/15/38 | 1038740 | 1038682 |
|  BX Trust Series 2021-SDMF, Class C<br>4.75% (1 mo. USD Term SOFR + 1.002%)<sup>(1),(2)</sup> | 09/15/34 | 2598333 | 2589713 |
|  BXP Trust Series 2017-GM, Class B<br>3.42%<sup>(1),(5)</sup> | 06/13/39 | 2465000 | 2412968 |
|  COMM Mortgage Trust Series 2015-DC1, Class AM<br>3.72% | 02/10/48 | 2555242 | 2516735 |
|  COMM Mortgage Trust Series 2016-787S, Class A<br>3.55%<sup>(1)</sup> | 02/10/36 | 3255000 | 3236111 |
|  DBMS DAC Series 2025-1A, Class D<br>6.37% (1 day GBP SONIA + 2.650%)<sup>(1),(2)</sup> | 02/18/36 | 1400000 | 1899629 |
|  FirstKey Homes Trust Series 2021-SFR1, Class F1<br>3.24%<sup>(1)</sup> | 08/17/38 | 2350000 | 2319495 |
|  GS Mortgage Securities Corp. Trust Series 2023-FUN, Class A<br>5.84% (1 mo. USD Term SOFR + 2.091%)<sup>(1),(2)</sup> | 03/15/28 | 1755000 | 1764039 |
|  GS Mortgage Securities Trust Series 2011-GC5, Class AS<br>5.17%<sup>(1),(5)</sup> | 08/10/44 | 1174134 | 1162172 |
|  GWT Trust Series 2024-WLF2, Class A<br>5.44% (1 mo. USD Term SOFR + 1.691%)<sup>(1),(2)</sup> | 05/15/41 | 2767000 | 2778098 |
|  Highways PLC Series 2021-1X, Class C<br>6.17% (1 day GBP SONIA + 2.400%)<sup>(2),(6)</sup> | 12/18/31 | 1400000 | 1891005 |
|  HILT Commercial Mortgage Trust Series 2024-ORL, Class A<br>5.29% (1 mo. USD Term SOFR + 1.541%)<sup>(1),(2)</sup> | 05/15/37 | 2480000 | 2485961 |
|  HTL Commercial Mortgage Trust Series 2024-T53, Class A<br>5.88%<sup>(1),(5)</sup> | 05/10/39 | 2668000 | 2702063 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2016-NINE, Class A<br>2.85%<sup>(1),(5)</sup> | 09/06/38 | 4000000 | 3956419 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2021-MHC, Class A<br>4.92% (1 mo. USD Term SOFR + 1.164%)<sup>(1),(2)</sup> | 04/15/38 | 4520245 | 4520513 |
|  Last Mile Logistics Pan Euro Finance DAC Series 1X, Class C<br>3.46% (3 mo. EUR EURIBOR + 1.400%)<sup>(2),(6)</sup> | 08/17/33 | 826723 | 971448 |
|  Last Mile Logistics Pan Euro Finance DAC Series 1X, Class D<br>3.96% (3 mo. EUR EURIBOR + 1.900%)<sup>(2),(6)</sup> | 08/17/33 | 981856 | 1153851 |
|  One New York Plaza Trust Series 2020-1NYP, Class A<br>4.82% (1 mo. USD Term SOFR + 1.064%)<sup>(1),(2)</sup> | 01/15/36 | 2000000 | 1962061 |
|  ReadyCap Commercial Mortgage Trust Series 2019-6, Class A<br>2.83%<sup>(1)</sup> | 10/25/52 | 702068 | 697438 |
|  Shops at Crystals Trust Series 2016-CSTL, Class B<br>3.53%<sup>(1)</sup> | 07/05/36 | 2050000 | 2037920 |
|  SMRT Commercial Mortgage Trust Series 2022-MINI, Class A<br>4.75% (1 mo. USD Term SOFR + 1.000%)<sup>(1),(2)</sup> | 01/15/39 | 2885000 | 2885725 |
|  SMRT Commercial Mortgage Trust Series 2022-MINI, Class B<br>5.10% (1 mo. USD Term SOFR + 1.350%)<sup>(1),(2)</sup> | 01/15/39 | 1520000 | 1517370 |
|  SREIT Trust Series 2021-MFP2, Class A<br>4.69% (1 mo. USD Term SOFR + 0.936%)<sup>(1),(2)</sup> | 11/15/36 | 3640000 | 3639653 |
|  SREIT Trust Series 2021-MFP2, Class B<br>5.04% (1 mo. USD Term SOFR + 1.286%)<sup>(1),(2)</sup> | 11/15/36 | 2150000 | 2149949 |
|  SREIT Trust Series 2021-PALM, Class E<br>5.77% (1 mo. USD Term SOFR + 2.024%)<sup>(1),(2)</sup> | 10/15/34 | 2500000 | 2498374 |
|  Tricon American Homes Series 2020-SFR1, Class F<br>4.88%<sup>(1)</sup> | 07/17/38 | 3282000 | 3267537 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |  |
|  UBS Commercial Mortgage Trust Series 2018-C12, Class A2<br>4.15% | 08/15/51 | $117084 | $116875 |
|  Wells Fargo Commercial Mortgage Trust Series 2021-FCMT, Class A<br>5.07% (1 mo. USD Term SOFR + 1.314%)<sup>(1),(2)</sup> | 05/15/31 | 3760000 | 3757908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities**—**Non-agency** (Cost: $73,096,464) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities**—**Non-agency** (Cost: $73,096,464) |  | 73613101 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **0.9%** |  |  |  |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KJ37, Class A1<br>1.68% | 12/25/27 | 6272148 | 6070283 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series Q004, Class AFL<br>4.77% (1 yr. MTA + 0.740%)<sup>(2)</sup> | 05/25/44 | 593457 | 593233 |
|  Federal National Mortgage Association-ACES Series 2021-M1, Class A1<br>0.87% | 11/25/30 | 681892 | 663348 |
|  Government National Mortgage Association Series 2008-92, Class E<br>5.56%<sup>(5)</sup> | 03/16/44 | 215895 | 215463 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities**—**Agency** (Cost: $7,748,316) |  |  | 7542327 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **10.8%** |  |  |  |
|  ACE Securities Corp. Home Equity Loan Trust Series 2006-OP1, Class A2D<br>4.33% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 04/25/36 | 5346074 | 4969710 |
|  Ameriquest Mortgage Securities, Inc. Asset-Backed Pass-Through Certificates Series 2005-R9, Class M1<br>4.55% (1 mo. USD Term SOFR + 0.819%)<sup>(2)</sup> | 11/25/35 | 2216465 | 2203515 |
|  Argent Securities, Inc. Asset-Backed Pass-Through Certificates Series 2005-W2, Class M1<br>4.58% (1 mo. USD Term SOFR + 0.849%)<sup>(2)</sup> | 10/25/35 | 588191 | 586127 |
|  Asset-Backed Securities Corp. Home Equity Loan Trust Series 2006-HE3, Class A5<br>2.89% (1 mo. USD Term SOFR + 0.654%)<sup>(2)</sup> | 03/25/36 | 981947 | 970753 |
|  Banc of America Alternative Loan Trust Series 2003-8, Class 1CB<br>5.50% | 10/25/33 | 1964249 | 1987031 |
|  Bear Stearns ARM Trust Series 2004-3, Class 4A<br>5.37%<sup>(5)</sup> | 07/25/34 | 150855 | 146097 |
|  BNC Mortgage Loan Trust Series 2007-1, Class A4<br>4.01% (1 mo. USD Term SOFR + 0.274%)<sup>(2)</sup> | 03/25/37 | 2306451 | 2259122 |
|  C-BASS Trust Series 2007-CB5, Class A1<br>3.13% (1 mo. USD Term SOFR + 0.234%)<sup>(2)</sup> | 04/25/37 | 1684755 | 1011269 |
|  Centex Home Equity Loan Trust Series 2005-D, Class M6<br>4.90% (1 mo. USD Term SOFR + 1.164%)<sup>(2)</sup> | 10/25/35 | 2353647 | 2350888 |
|  Chase Funding Trust Series 2002-2, Class 2A1<br>4.35% (1 mo. USD Term SOFR + 0.614%)<sup>(2)</sup> | 05/25/32 | 541258 | 539189 |
|  Chase Home Lending Mortgage Trust Series 2024-9, Class A4<br>5.50%<sup>(1),(5)</sup> | 09/25/55 | 1679411 | 1682387 |
|  Chase Mortgage Finance Trust Series 2007-A1, Class 8A1<br>6.07%<sup>(5)</sup> | 02/25/37 | 1717405 | 1687647 |
|  Chase Mortgage Finance Trust Series 2007-A2, Class 2A3<br>6.16%<sup>(5)</sup> | 06/25/35 | 272548 | 273799 |
|  Chevy Chase Funding LLC Mortgage-Backed Certificates Series 2005-2A, Class A1<br>4.03% (1 mo. USD Term SOFR + 0.294%)<sup>(1),(2)</sup> | 05/25/36 | 221066 | 214664 |
|  CHL Mortgage Pass-Through Trust Series 2004-14, Class 4A1<br>5.50%<sup>(5)</sup> | 08/25/34 | 5088 | 4804 |
|  CIM Trust Series 2021-R3, Class A1A<br>1.95%<sup>(1),(5)</sup> | 06/25/57 | 4154336 | 3888816 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2006-AMC1, Class A1<br>4.14% (1 mo. USD Term SOFR + 0.404%)<sup>(1),(2)</sup> | 09/25/36 | 3674212 | 3603607 |
|  Countrywide Asset-Backed Certificates Trust Series 2006-14, Class 2A3<br>4.33% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 02/25/37 | 876583 | 862100 |
|  Countrywide Asset-Backed Certificates Trust Series 2006-4, Class M1<br>4.37% (1 mo. USD Term SOFR+ 0.639%)<sup>(2)</sup> | 07/25/36 | 1156152 | 1152689 |
|  Countrywide Asset-Backed Certificates Trust Series 2007-7, Class 1A<br>4.05% (1 mo. USD Term SOFR + 0.314%)<sup>(2)</sup> | 10/25/47 | 5161037 | 4908016 |
|  Credit Suisse First Boston Mortgage Securities Corp. Series 98-1, Class A4<br>6.49% | 09/25/28 | 46322 | 46269 |
|  Cross Mortgage Trust Series 2024-H6, Class A1<br>5.13%<sup>(1),(5)</sup> | 09/25/69 | 887012 | 888830 |
|  Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2022-DNA6, Class M1A<br>6.02% (30 day USD SOFR Average + 2.150%)<sup>(1),(2)</sup> | 09/25/42 | 423183 | 425420 |
|  FFMLT Trust Series 2005-FF8, Class M2<br>4.63% (1 mo. USD Term SOFR + 0.894%)<sup>(2)</sup> | 09/25/35 | 101978 | 101971 |
|  First Franklin Mortgage Loan Trust Series 2004-FF5, Class A3C<br>4.85% (1 mo. USD Term SOFR + 1.114%)<sup>(2)</sup> | 08/25/34 | 294296 | 277114 |
|  First Horizon Alternative Mortgage Securities Trust Series 2004-AA3, Class A1<br>5.04%<sup>(5)</sup> | 09/25/34 | 627 | 638 |
|  Fremont Home Loan Trust Series 2005-E, Class 2A4<br>4.51% (1 mo. USD Term SOFR + 0.774%)<sup>(2)</sup> | 01/25/36 | 3174887 | 3092879 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |  |
|  GMACM Home Equity Loan Trust Series 2000-HE2, Class A1<br>2.25% (1 mo. USD Term SOFR + 0.554%)<sup>(2)</sup> | 06/25/30 | $44685 | $40160 |
|  GSAMP Trust Series 2005-HE4, Class M3<br>4.63% (1 mo. USD Term SOFR + 0.894%)<sup>(2)</sup> | 07/25/45 | 215272 | 218420 |
|  GSAMP Trust Series 2006-HE2, Class M1<br>4.33% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 03/25/46 | 176694 | 176372 |
|  GSR Mortgage Loan Trust Series 2005-AR7, Class 2A1<br>4.97%<sup>(5)</sup> | 11/25/35 | 57523 | 55710 |
|  Impac CMB Trust Series 2005-5, Class A1<br>4.49% (1 mo. USD Term SOFR + 0.434%)<sup>(2)</sup> | 08/25/35 | 658891 | 628651 |
|  IndyMac INDX Mortgage Loan Trust Series 2004-AR8, Class 2A2A<br>4.65% (1 mo. USD Term SOFR + 0.914%)<sup>(2)</sup> | 11/25/34 | 359116 | 337116 |
|  JPMorgan Mortgage Acquisition Corp. Series 2005-FRE1, Class M1<br>2.66% (1 mo. USD Term SOFR + 0.729%)<sup>(2)</sup> | 10/25/35 | 870210 | 863131 |
|  JPMorgan Mortgage Acquisition Corp. Series 2006-NC1, Class M1<br>4.33% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 04/25/36 | 2911512 | 3043097 |
|  JPMorgan Mortgage Acquisition Corp. Series 2007-CH4, Class M1<br>4.08% (1 mo. USD Term SOFR + 0.344%)<sup>(2)</sup> | 05/25/37 | 6833472 | 6742906 |
|  JPMorgan Mortgage Trust Series 2007-A1, Class 1A1<br>6.23%<sup>(5)</sup> | 07/25/35 | 63529 | 63483 |
|  JPMorgan Mortgage Trust Series 2007-A1, Class 5A2<br>6.03%<sup>(5)</sup> | 07/25/35 | 37675 | 37526 |
|  JPMorgan Mortgage Trust Series 2024-4, Class A4A<br>6.00%<sup>(1),(5)</sup> | 10/25/54 | 1896678 | 1914236 |
|  Lehman ABS Manufactured Housing Contract Trust Series 2001-B, Class AC (I/O)<br>0.55%<sup>(5)</sup> | 04/15/40 | 30657489 | 265080 |
|  LHOME Mortgage Trust Series 2023-RTL3, Class A1<br>8.00%<sup>(1)</sup> | 08/25/28 | 1295629 | 1298520 |
|  MASTR Adjustable Rate Mortgages Trust Series 2003-6, Class 4A2<br>4.36%<sup>(5)</sup> | 01/25/34 | 1793 | 1757 |
|  MASTR Adjustable Rate Mortgages Trust Series 2004-13, Class 3A1<br>5.63%<sup>(5)</sup> | 11/21/34 | 193253 | 192021 |
|  MASTR Adjustable Rate Mortgages Trust Series 2004-3, Class 3A3<br>5.56%<sup>(5)</sup> | 04/25/34 | 28270 | 27609 |
|  MASTR Alternative Loan Trust Series 2003-1, Class 1A1<br>6.25% | 12/25/32 | 358881 | 369296 |
|  MASTR Alternative Loan Trust Series 2003-5, Class 4A1<br>5.50% | 07/25/33 | 1028621 | 1025555 |
|  MASTR Alternative Loan Trust Series 2003-9, Class 4A1<br>5.25% | 11/25/33 | 1047669 | 1056530 |
|  MASTR Alternative Loan Trust Series 2004-7, Class 1A1<br>5.50% | 07/25/34 | 883208 | 897136 |
|  MASTR Asset-Backed Securities Trust Series 2006-HE1, Class M1<br>4.40% (1 mo. USD Term SOFR + 0.669%)<sup>(2)</sup> | 01/25/36 | 2847644 | 2815853 |
|  MASTR Seasoned Securitization Trust Series 2004-1, Class 4A1<br>6.53%<sup>(5)</sup> | 10/25/32 | 63381 | 62350 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-3, Class A2C<br>4.21% (1 mo. USD Term SOFR + 0.474%)<sup>(2)</sup> | 06/25/37 | 2620253 | 2635568 |
|  Merrill Lynch Mortgage Investors Trust Series 2004-A4, Class A1<br>5.11%<sup>(5)</sup> | 08/25/34 | 252116 | 239762 |
|  Mid-State Capital Corp. Trust Series 2006-1, Class A<br>5.79%<sup>(1)</sup> | 10/15/40 | 1453971 | 1463949 |
|  Mid-State Trust Series 10W, Class A2<br>5.82% | 02/15/36 | 93838 | 93699 |
|  Morgan Stanley ABS Capital I, Inc. Trust Series 2004-NC7, Class M2<br>4.78% (1 mo. USD Term SOFR + 1.044%)<sup>(2)</sup> | 07/25/34 | 574207 | 611859 |
|  Morgan Stanley Residential Mortgage Loan Trust Series 2025-1, Class A4<br>5.50%<sup>(1),(5)</sup> | 03/25/55 | 1834812 | 1844165 |
|  MortgageIT Trust Series 2005-3, Class A1<br>4.45% (1 mo. USD Term SOFR + 0.714%)<sup>(2)</sup> | 08/25/35 | 51052 | 51286 |
|  MortgageIT Trust Series 2005-4, Class A1<br>4.41% (1 mo. USD Term SOFR + 0.674%)<sup>(2)</sup> | 10/25/35 | 1019382 | 1023601 |
|  New Century Home Equity Loan Trust Series 2005-D, Class M1<br>4.52% (1 mo. USD Term SOFR + 0.789%)<sup>(2)</sup> | 02/25/36 | 2741831 | 2685364 |
|  NLT Trust Series 2021-INV2, Class A1<br>1.16%<sup>(1),(5)</sup> | 08/25/56 | 4507602 | 3977606 |
|  Opteum Mortgage Acceptance Corp. Asset-Backed Pass-Through Certificates Series 2005-5, Class 1AP<br>4.41% (1 mo. USD Term SOFR + 0.674%)<sup>(2)</sup> | 12/25/35 | 1903306 | 1892324 |
|  Park Place Securities, Inc. Asset-Backed Pass-Through Certificates Series 2005-WCW3, Class M2<br>4.58% (1 mo. USD Term SOFR + 0.849%)<sup>(2)</sup> | 08/25/35 | 971538 | 979828 |
|  PHH Alternative Mortgage Trust Series 2007-3, Class A3<br>4.45% (1 mo. USD Term SOFR + 0.714%)<sup>(2)</sup> | 07/25/37 | 2816341 | 2765337 |
|  RALI Trust Series 2005-QA3, Class NB1<br>3.67%<sup>(5)</sup> | 03/25/35 | 793658 | 440828 |
|  Saxon Asset Securities Trust Series 2006-2, Class M1<br>4.28% (1 mo. USD Term SOFR + 0.549%)<sup>(2)</sup> | 09/25/36 | 7451239 | 7184996 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |  |
|  Securitized Asset-Backed Receivables LLC Trust Series 2006-CB1, Class AF2<br>2.80% | 01/25/36 | $1248063 | $1077625 |
|  Soundview Home Loan Trust Series 2006-OPT4, Class 2A4<br>4.31% (1 mo. USD Term SOFR + 0.574%)<sup>(2)</sup> | 06/25/36 | 2060052 | 2008540 |
|  Specialty Underwriting & Residential Finance Trust Series 2005-BC2, Class M3<br>4.82% (1 mo. USD Term SOFR + 1.089%)<sup>(2)</sup> | 12/25/35 | 431713 | 430927 |
|  Structured Asset Securities Corp. Mortgage Pass-Through Certificates Series 2003-26A, Class 3A5<br>5.51%<sup>(5)</sup> | 09/25/33 | 113916 | 110405 |
|  Terwin Mortgage Trust Series 2004-7HE, Class A1<br>4.95% (1 mo. USD Term SOFR + 1.214%)<sup>(1),(2)</sup> | 07/25/34 | 49431 | 48470 |
|  Towd Point Mortgage Trust Series 2020-MH1, Class A1<br>2.25%<sup>(1),(5)</sup> | 02/25/60 | 543684 | 533905 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2004-AR14, Class A1<br>4.97%<sup>(5)</sup> | 01/25/35 | 198377 | 193203 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2004-CB2, Class 2A<br>5.50% | 07/25/34 | 294553 | 297766 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR13, Class A1A1<br>4.43% (1 mo. USD Term SOFR + 0.694%)<sup>(2)</sup> | 10/25/45 | 551011 | 536363 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR2, Class 2A2<br>4.51% (1 mo. USD Term SOFR + 0.774%)<sup>(2)</sup> | 01/25/45 | 68710 | 69007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities**—**Non-agency** (Cost: $98,212,520) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities**—**Non-agency** (Cost: $98,212,520) |  | 95464249 |
|  **CORPORATE BONDS** — **30.1%** |  |  |  |
|  **Aerospace & Defense** — **0.6%** |  |  |  |
|  Boeing Co.<br>6.26% | 05/01/27 | 1455000 | 1493296 |
|  General Electric Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.54% (3 mo. USD Term SOFR + 0.642%)<sup>(2)</sup> | 05/05/26 | 2235000 | 2238866 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.59% (3 mo. USD Term SOFR + 0.742%)<sup>(2)</sup> | 08/15/36 | 2182000 | 2060048 |
|  |  |  | 5792210 |
|  **Agriculture** — **0.3%** |  |  |  |
|  Altria Group, Inc.<br>4.88% | 02/04/28 | 1425000 | 1449325 |
|  Imperial Brands Finance PLC (United Kingdom)<br>3.50%<sup>(1)</sup> | 07/26/26 | 1301000 | 1296407 |
|  |  |  | 2745732 |
|  **Airlines** — **0.1%** |  |  |  |
|  Delta Air Lines Pass-Through Trust Series 2020-1, Class AA<br>2.00% | 12/10/29 | 1053679 | 1015304 |
|  **Auto Manufacturers (0.1%)** |  |  |  |
|  Volkswagen Group of America Finance LLC (Germany)<br>4.75%<sup>(1)</sup> | 11/13/28 | 1130000 | 1141967 |
|  **Banks** — **11.3%** |  |  |  |
|  Bank of America Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.73% (1 day USD SOFR + 0.960%)<sup>(2)</sup> | 07/22/27 | 1495000 | 1475879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55% (1 day USD SOFR + 1.050%)<sup>(2)</sup> | 02/04/28 | 4275000 | 4206985 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.71% (3 mo. USD Term SOFR + 1.774%)<sup>(2)</sup> | 04/24/28 | 944000 | 940026 |
|  Bank of New York Mellon<br>4.73% (1 day USD SOFR + 1.135%)<sup>(2)</sup> | 04/20/29 | 3235000 | 3288895 |
|  Citigroup, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.46% (1 day USD SOFR + 0.770%)<sup>(2)</sup> | 06/09/27 | 5000000 | 4941950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.52% (3 mo. USD Term SOFR + 1.413%)<sup>(2)</sup> | 10/27/28 | 4987000 | 4944461 |
|  Goldman Sachs Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.54% (1 day USD SOFR + 0.818%)<sup>(2)</sup> | 09/10/27 | 1825000 | 1793555 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95% (1 day USD SOFR + 0.913%)<sup>(2)</sup> | 10/21/27 | 10000000 | 9830600 |
|  HSBC Holdings PLC (United Kingdom)<br>2.01% (1 day USD SOFR + 1.732%)<sup>(2)</sup> | 09/22/28 | 11500000 | 11102905 |
|  JPMorgan Chase & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.04% (3 mo. USD Term SOFR + 0.695%)<sup>(2)</sup> | 02/04/27 | 14051000 | 14011376 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.18% (1 day USD SOFR + 1.890%)<sup>(2)</sup> | 06/01/28 | 879000 | 857341 |
|  Lloyds Banking Group PLC (United Kingdom)<br>1.63% (1 yr. CMT + 0.850%)<sup>(2)</sup> | 05/11/27 | 590000 | 584655 |
|  Morgan Stanley<br>1.59% (1 day USD SOFR + 0.879%)<sup>(2)</sup> | 05/04/27 | 5855000 | 5805350 |
|  Morgan Stanley Bank NA<br>4.97% (1 day USD SOFR + 0.930%)<sup>(2)</sup> | 07/14/28 | 3155000 | 3200400 |
|  Morgan Stanley Private Bank NA<br>4.20% (1 day USD SOFR + 0.780%)<sup>(2)</sup> | 11/17/28 | 5165000 | 5181476 |
|  PNC Financial Services Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.58% (1 day USD SOFR + 1.841%)<sup>(2)</sup> | 06/12/29 | 830000 | 860959 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.62% (1 day USD SOFR Index + 1.730%)<sup>(2)</sup> | 10/20/27 | 4570000 | 4661126 |
|  Santander U.K. Group Holdings PLC (United Kingdom)<br>1.67% (1 day USD SOFR + 0.989%)<sup>(2)</sup> | 06/14/27 | 3007000 | 2972991 |
|  U.S. Bancorp<br>4.65% (1 day USD SOFR + 1.230%)<sup>(2)</sup> | 02/01/29 | 5365000 | 5433350 |
|  Wells Fargo & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.39% (1 day USD SOFR + 2.100%)<sup>(2)</sup> | 06/02/28 | 1275000 | 1246249 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.57% (1 day USD SOFR + 1.740%)<sup>(2)</sup> | 07/25/29 | 11735000 | 12150184 |
|  |  |  | 99490713 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Beverages** — **0.2%** |  |  |  |
|  Constellation Brands, Inc.<br>2.25% | 08/01/31 | $1650000 | $1465580 |
|  **Biotechnology (0.3%)** |  |  |  |
|  Illumina, Inc.<br>5.75% | 12/13/27 | 2275000 | 2343978 |
|  **Chemicals** — **0.4%** |  |  |  |
|  FIS Fabbrica Italiana Sintetici SpA (Italy)<br>5.63%<sup>(6)</sup> | 08/01/27 | 200000 | 235656 |
|  International Flavors & Fragrances, Inc.<br>1.83%<sup>(1)</sup> | 10/15/27 | 3440000 | 3301540 |
|  |  |  | 3537196 |
|  **Commercial Services** — **0.9%** |  |  |  |
|  Global Payments, Inc.<br>2.15% | 01/15/27 | 7201000 | 7051147 |
|  Grand Canyon University<br>5.13% | 10/01/28 | 150000 | 149582 |
|  RAC Bond Co. PLC (United Kingdom)<br>8.25%<sup>(6)</sup> | 05/06/46 | 400000 | 583235 |
|  VT Topco, Inc.<br>8.50%<sup>(1)</sup> | 08/15/30 | 125000 | 130580 |
|  |  |  | 7914544 |
|  **Computers (0.2%)** |  |  |  |
|  Dell International LLC/EMC Corp.<br>4.75% | 04/01/28 | 1415000 | 1435786 |
|  **Diversified Financial Services** — **1.4%** |  |  |  |
|  AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland)<br>2.45% | 10/29/26 | 500000 | 493570 |
|  Air Lease Corp.<br>3.63% | 04/01/27 | 4835000 | 4800672 |
|  American Express Co.<br>4.73% (1 day USD SOFR + 1.260%)<sup>(2)</sup> | 04/25/29 | 4890000 | 4966528 |
|  Avolon Holdings Funding Ltd. (Ireland) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.53%<sup>(1)</sup> | 11/18/27 | 1118000 | 1085053 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%<sup>(1)</sup> | 02/21/28 | 1350000 | 1308771 |
|  |  |  | 12654594 |
|  **Electric** — **3.1%** |  |  |  |
|  Alliant Energy Finance LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.40%<sup>(1),(7)</sup> | 03/15/26 | 6540000 | 6497621 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%<sup>(1)</sup> | 03/30/29 | 805000 | 842070 |
|  Dominion Energy, Inc.<br>6.00% (5 yr. CMT + 2.262%)<sup>(2)</sup> | 02/15/56 | 1500000 | 1511235 |
|  Duke Energy Corp.<br>4.30% | 03/15/28 | 1835000 | 1845698 |
|  Eversource Energy<br>2.90% | 03/01/27 | 5425000 | 5354041 |
|  ITC Holdings Corp.<br>4.95%<sup>(1)</sup> | 09/22/27 | 4960000 | 5028002 |
|  Niagara Mohawk Power Corp.<br>4.65%<sup>(1)</sup> | 10/03/30 | 4400000 | 4429656 |
|  Southern Co.<br>3.75% (5 yr. CMT + 2.915%)<sup>(2)</sup> | 09/15/51 | 2194000 | 2166553 |
|  |  |  | 27674876 |
|  **Entertainment** — **0.0%** |  |  |  |
|  Great Canadian Gaming Corp./Raptor LLC (Canada)<br>8.75%<sup>(1)</sup> | 11/15/29 | 99000 | 100171 |
|  Ontario Gaming GTA LP/OTG Co-Issuer, Inc. (Canada)<br>8.00%<sup>(1)</sup> | 08/01/30 | 51000 | 48580 |
|  Voyager Parent LLC<br>9.25%<sup>(1)</sup> | 07/01/32 | 157000 | 166751 |
|  |  |  | 315502 |
|  **Food** — **0.4%** |  |  |  |
|  JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL<br>3.00% | 02/02/29 | 1795000 | 1729034 |
|  Mars, Inc.<br>4.80%<sup>(1)</sup> | 03/01/30 | 2155000 | 2203380 |
|  |  |  | 3932414 |
|  **Gas** — **0.0%** |  |  |  |
|  AmeriGas Partners LP/AmeriGas Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.38%<sup>(1)</sup> | 06/01/28 | 135000 | 139886 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%<sup>(1)</sup> | 06/01/30 | 79000 | 84210 |
|  |  |  | 224096 |
|  **Health Care-Services** — **0.9%** |  |  |  |
|  Cigna Group<br>4.50% | 09/15/30 | 2425000 | 2443115 |
|  Humana, Inc.<br>4.88% | 04/01/30 | 1420000 | 1440533 |
|  Kedrion SpA (Italy)<br>6.50%<sup>(1)</sup> | 09/01/29 | 370000 | 364783 |
|  ModivCare, Inc.<br>5.00%<sup>(1),(7),(8),(9),(10)</sup> | 10/01/29 | 909300 | 13640 |
|  Premier Health Partners<br>2.91% | 11/15/26 | 3500000 | 3456845 |
|  |  |  | 7718916 |
|  **Insurance** — **0.9%** |  |  |  |
|  Farmers Exchange Capital<br>7.05%<sup>(1)</sup> | 07/15/28 | 1625000 | 1705876 |
|  Guardian Life Global Funding<br>4.80%<sup>(1)</sup> | 04/28/30 | 1685000 | 1720941 |
|  MMI Capital Trust I<br>7.63% | 12/15/27 | 2000000 | 2105140 |
|  Willis North America, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95% | 09/15/29 | 35000 | 33334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65% | 06/15/27 | 2202000 | 2219308 |
|  |  |  | 7784599 |
|  **Internet** — **0.3%** |  |  |  |
|  Getty Images, Inc.<br>10.50%<sup>(1)</sup> | 11/15/30 | 180000 | 181735 |
|  Uber Technologies, Inc.<br>4.30% | 01/15/30 | 2132000 | 2144707 |
|  |  |  | 2326442 |
|  **Lodging** — **0.5%** |  |  |  |
|  Hyatt Hotels Corp.<br>5.05% | 03/30/28 | 2410000 | 2455404 |
|  Las Vegas Sands Corp.<br>5.63% | 06/15/28 | 1860000 | 1908453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Lodging** (Cost: $4,267,144) |  |  | 4363857 |
|  **Media** — **0.2%** |  |  |  |
|  CSC Holdings LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 02/01/29 | 27000 | 17926 |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.75%<sup>(1)</sup> | 01/31/29 | 1954000 | 1457997 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Media (Continued)** |  |  |  |
|  Scripps Escrow II, Inc.<br>3.88%<sup>(1)</sup> | 01/15/29 | $50000 | $46008 |
|  |  |  | 1521931 |
|  **Oil & Gas (0.1%)** |  |  |  |
|  Sunoco LP<br>7.88% (5 yr. CMT + 4.230%)<sup>(1),(2),(11)</sup> | 09/18/30 | 525000 | 538970 |
|  **Packaging & Containers** — **0.3%** |  |  |  |
|  Ardagh Group SA<br>9.50%<sup>(1)</sup> | 12/01/30 | 120000 | 130155 |
|  Berry Global, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65% | 01/15/27 | 2000000 | 1950200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(1)</sup> | 07/15/26 | 636000 | 636242 |
|  |  |  | 2716597 |
|  **Pharmaceuticals** — **0.9%** |  |  |  |
|  1261229 BC Ltd.<br>10.00%<sup>(1)</sup> | 04/15/32 | 340000 | 354300 |
|  Bayer U.S. Finance LLC (Germany)<br>6.25%<sup>(1)</sup> | 01/21/29 | 6230000 | 6547419 |
|  Grifols SA (Spain)<br>7.50%<sup>(6)</sup> | 05/01/30 | 570000 | 703853 |
|  Teva Pharmaceutical Finance Netherlands IV BV (Israel)<br>5.75% | 12/01/30 | 180000 | 186858 |
|  |  |  | 7792430 |
|  **Pipelines** — **0.1%** |  |  |  |
|  Venture Global LNG, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% (5 yr. CMT + 5.440%)<sup>(1),(2),(11)</sup> | 09/30/29 | 481000 | 381342 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.88%<sup>(1)</sup> | 02/01/32 | 290000 | 299779 |
|  Venture Global Plaquemines LNG LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%<sup>(1)</sup> | 12/15/30 | 224000 | 228186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 06/15/34 | 56000 | 57337 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%<sup>(1)</sup> | 01/15/36 | 221000 | 226406 |
|  |  |  | 1193050 |
|  **Real Estate (0.1%)** |  |  |  |
|  Blackstone Property Partners Europe Holdings SARL (Luxembourg)<br>1.00%<sup>(6)</sup> | 05/04/28 | 935000 | 1050321 |
|  **REIT** — **4.5%** |  |  |  |
|  American Tower Corp. (REIT)<br>5.25% | 07/15/28 | 7290000 | 7495724 |
|  Crown Castle, Inc.<br>3.80% | 02/15/28 | 3940000 | 3910371 |
|  DOC Dr. LLC (REIT)<br>4.30% | 03/15/27 | 3995000 | 4002591 |
|  Extra Space Storage LP<br>3.88% | 12/15/27 | 6745000 | 6729014 |
|  Federal Realty OP LP (REIT)<br>7.48% | 08/15/26 | 1850000 | 1881265 |
|  GLP Capital LP/GLP Financing II, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% | 01/15/30 | 1245000 | 1209181 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30% | 01/15/29 | 2179000 | 2219660 |
|  Healthcare Realty Holdings LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 08/01/26 | 1451000 | 1444558 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63% | 01/15/28 | 3255000 | 3214605 |
|  Hudson Pacific Properties LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 01/15/30 | 144000 | 122785 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95% | 11/01/27 | 335000 | 320290 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65% | 04/01/29 | 196000 | 181380 |
|  Lineage OP LP<br>5.25%<sup>(1)</sup> | 07/15/30 | 825000 | 833126 |
|  LXP Industrial Trust<br>6.75% | 11/15/28 | 821000 | 870802 |
|  VICI Properties LP/VICI Note Co., Inc.<br>5.75%<sup>(1)</sup> | 02/01/27 | 2590000 | 2619474 |
|  WP Carey, Inc.<br>4.65% | 07/15/30 | 2220000 | 2237605 |
|  |  |  | 39292431 |
|  **Retail** — **0.2%** |  |  |  |
|  Ferrellgas LP/Ferrellgas Finance Corp.<br>9.25%<sup>(1)</sup> | 01/15/31 | 882000 | 909783 |
|  Papa John's International, Inc.<br>3.88%<sup>(1)</sup> | 09/15/29 | 230000 | 219751 |
|  Suburban Propane Partners LP/Suburban Energy Finance Corp.<br>6.50%<sup>(1)</sup> | 12/15/35 | 280000 | 280207 |
|  |  |  | 1409741 |
|  **Semiconductors** — **0.4%** |  |  |  |
|  Foundry JV Holdco LLC<br>5.50%<sup>(1)</sup> | 01/25/31 | 1900000 | 1963099 |
|  Intel Corp.<br>5.13% | 02/10/30 | 1415000 | 1450969 |
|  |  |  | 3414068 |
|  **Software** — **0.6%** |  |  |  |
|  Fiserv, Inc.<br>4.55% | 02/15/31 | 995000 | 987289 |
|  Open Text Corp. (Canada)<br>6.90%<sup>(1)</sup> | 12/01/27 | 2635000 | 2743614 |
|  Oracle Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88% | 03/25/31 | 950000 | 852435 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45% | 09/26/30 | 1200000 | 1173888 |
|  |  |  | 5757226 |
|  **Telecommunications** — **0.6%** |  |  |  |
|  Altice Financing SA (Luxembourg)<br>9.63%<sup>(1)</sup> | 07/15/27 | 335000 | 258392 |
|  Altice France SA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 04/15/32 | 25192 | 24199 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%<sup>(1)</sup> | 11/01/29 | 18789 | 19341 |
|  Global Switch Finance BV (United Kingdom)<br>1.38%<sup>(6)</sup> | 10/07/30 | 485000 | 535016 |
|  Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III LLC<br>5.15%<sup>(1)</sup> | 09/20/29 | 465750 | 469006 |
|  T-Mobile USA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 04/15/31 | 755000 | 723230 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% | 04/15/27 | 3015000 | 3005955 |
|  Zayo Group Holdings, Inc.<br>9.25%<sup>(1),(12)</sup> | 03/09/30 | 93280 | 88733 |
|  |  |  | 5123872 |
|  **Trucking & Leasing (0.2%)** |  |  |  |
|  SMBC Aviation Capital Finance DAC (Ireland)<br>5.10%<sup>(1)</sup> | 04/01/30 | 1595000 | 1632993 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $260,760,940) |  |  | 265321936 |
|  **MUNICIPAL BONDS** — **0.9%** |  |  |  |
|  Campbell Union School District, Series B<br>5.41% | 08/01/27 | 1750000 | 1783964 |
|  Commonwealth of Massachusetts, Revenue Bonds<br>4.11% | 07/15/31 | 1035581 | 1033972 |
|  County of Miami-Dade Aviation Revenue, Series B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.14% | 10/01/28 | 445000 | 423264 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.29% | 10/01/29 | 985000 | 922849 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **MUNICIPAL BONDS (Continued)**  |  |  |  |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Series B-2<br>2.31% | 11/01/26 | $4060000 | $4011584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Municipal Bonds** (Cost: $8,348,545) |  |  | 8175633 |
|  **U.S. TREASURY SECURITIES** — **19.2%** |  |  |  |
|  U.S. Treasury Notes |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38% | 12/31/27 | 140990000 | 140720137 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 12/15/28 | 15125000 | 15109048 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 11/30/30 | 1166000 | 1154659 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63% | 12/31/30 | 12515000 | 12457802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.s. Treasury Securities** (Cost: $169,443,182) |  |  | 169441646 |
|  **BANK LOANS** — **1.4%** |  |  |  |
|  **Advertising** — **0.0%** |  |  |  |
|  Advantage Sales & Marketing, Inc. 2024 Term Loan<br>8.45% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 10/28/27 | 68633 | 57412 |
|  Research Now Group, Inc. 2024 First Lien First Out Term Loan<br>9.14% (3 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 07/15/28 | 16260 | 16203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Advertising** (Cost: $77,553) |  |  | 73615 |
|  **Aerospace & Defense** — **0.0%** |  |  |  |
|  HDI Aerospace Intermediate Holding III Corp. Term Loan B<br>7.69% (3 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 02/11/32 | 61690 | 62153 |
|  TransDigm, Inc. 2023 Term Loan J<br>6.22% (1 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 02/28/31 | 35574 | 35748 |
|  TransDigm, Inc. 2025 Term Loan K<br>5.97% (1 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 03/22/30 | 43578 | 43753 |
|  TransDigm, Inc. 2025 Term Loan M<br>6.22% (1 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 08/19/32 | 89708 | 90183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Aerospace & Defense** (Cost: $229,672) |  |  | 231837 |
|  **Airlines** — **(0.0%)** |  |  |  |
|  SkyMiles IP Ltd. 2025 Repriced Term Loan B<br>5.38% (3 mo. USD Term SOFR + 1.500%)<sup>(2)</sup> | 10/20/28 | 93095 | 94038 |
|  **Apparel** — **(0.0%)** |  |  |  |
|  ABG Intermediate Holdings 2 LLC 2024 1st Lien Term Loan B<br>5.97% (1 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 12/21/28 | 64333 | 64511 |
|  **Beverages** — **0.1%** |  |  |  |
|  Celsius Holdings, Inc. 2025 Term Loan B<br>6.17% (3 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 04/01/32 | 36926 | 37236 |
|  Naked Juice LLC 2025 FLFO Term Loan<br>9.17% (3 mo. USD Term SOFR + 5.500%)<sup>(2)</sup> | 01/24/29 | 452824 | 451691 |
|  Naked Juice LLC 2025 FLSO Term Loan<br>7.02% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 01/24/29 | 178142 | 118910 |
|  Naked Juice LLC 2025 FLTO Term Loan<br>9.77% (3 mo. USD Term SOFR + 6.000%)<sup>(2)</sup> | 01/24/30 | 43702 | 11897 |
|  Primo Brands Corp. 2025 Term Loan B<br>5.92% (3 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 03/31/28 | 14298 | 14356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Beverages** (Cost: $699,193) |  |  | 634090 |
|  **Chemicals** — **(0.0%)** |  |  |  |
|  Mativ Holdings, Inc. Delayed Draw Term Loan A<br>6.32% (1 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 05/06/27 | 38482 | 38097 |
|  **Commercial Services** — **0.0%** |  |  |  |
|  Boost Newco Borrower LLC 2025 USD Term Loan B2<br>5.67% (3 mo. USD Term SOFR + 2.000%)<sup>(2)</sup> | 01/31/31 | 55935 | 56093 |
|  CCRR Parent, Inc. Term Loan B<br>8.33% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 03/06/28 | 20968 | 6159 |
|  CCRR Parent, Inc. US Acquisition Facility<br>8.17% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 03/06/28 | 58866 | 16924 |
|  Kelso Industries LLC Term Loan<br>9.57% (3 mo. USD Term SOFR + 5.750%)<sup>(2),(13)</sup> | 12/30/29 | 115576 | 115865 |
|  KUEHG Corp. 2025 Term Loan<br>0.00% <sup>(14)</sup> | 06/12/30 | 28863 | 28095 |
|  TTF Holdings LLC 2024 Term Loan<br>7.79% (6 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 07/18/31 | 103487 | 84341 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Services** (Cost: $355,043) |  |  | 307477 |
|  **Computers** — **0.0%** |  |  |  |
|  McAfee LLC 2024 USD 1st Lien Term Loan B<br>6.72% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 03/01/29 | 11776 | 10906 |
|  Peraton Corp. Term Loan B<br>7.69% (3 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 02/01/28 | 82489 | 76730 |
|  Surf Holdings LLC 2025 Incremental Term Loan<br>7.33% (1 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 03/05/27 | 24846 | 24892 |
|  X Corp. 2025 Fixed Term Loan<br>9.50% | 10/26/29 | 31241 | 31191 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Computers (Continued)** |  |  |  |
|  X Corp. Term Loan<br>10.45% (3 mo. USD Term SOFR + 6.500%)<sup>(2)</sup> | 10/26/29 | $86994 | $85658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Computers** (Cost: $228,311) |  |  | 229377 |
|  **Cosmetics/personal Care** — **0.0%** |  |  |  |
|  Opal Bidco SAS USD Term Loan B4<br>6.69% (3 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 04/28/32 | 43684 | 44011 |
|  **Diversified Financial Services** — **0.1%** |  |  |  |
|  Avolon TLB Borrower 1 U.S. LLC 2023 Term Loan B6<br>5.48% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 06/24/30 | 530785 | 534538 |
|  Blackhawk Network Holdings, Inc. 2025 Term Loan B<br>7.67% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 03/12/29 | 62089 | 62462 |
|  Jane Street Group LLC 2024 Term Loan B1<br>5.82% (3 mo. USD Term SOFR + 2.000%)<sup>(2)</sup> | 12/15/31 | 80668 | 80391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Diversified Financial Services** (Cost: $671,582) |  |  | 677391 |
|  **Electric** — **0.1%** |  |  |  |
|  Alpha Generation LLC Term Loan B<br>5.72% (1 mo. USD Term SOFR + 2.000%)<sup>(2)</sup> | 09/30/31 | 112058 | 112554 |
|  Calpine Corp. 2024 Term Loan B10<br>5.47% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 01/31/31 | 132663 | 132803 |
|  Calpine Corp. 2024 Term Loan B5<br>5.47% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 02/15/32 | 101753 | 101849 |
|  Cornerstone Generation LLC Term Loan B<br>7.09% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 08/11/32 | 26261 | 26545 |
|  Potomac Energy Center LLC 2025 Term Loan<br>6.84% (3 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 08/05/32 | 29015 | 29305 |
|  South Field LLC 2025 1st Lien Term Loan B<br>6.67% (3 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 08/29/31 | 30249 | 30494 |
|  South Field LLC 2025 1st Lien Term Loan C<br>6.67% (3 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 08/29/31 | 1823 | 1838 |
|  Vistra Operations Co. LLC 1st Lien Term Loan B3<br>5.47% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 12/20/30 | 218305 | 219671 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Electric** (Cost: $648,261) |  |  | 655059 |
|  **Electrical Components & Equipment (0.0%)** |  |  |  |
|  Pelican Products, Inc. 2021 Term Loan<br>8.18% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 12/29/28 | 110068 | 99933 |
|  **Electronics** — **0.0%** |  |  |  |
|  LSF12 Crown U.S. Commercial Bidco LLC 2025 Term Loan B<br>7.37% (1 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 12/02/31 | 25695 | 25888 |
|  TCP Sunbelt Acquisition Co. 2024 Term Loan B<br>8.07% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 10/24/31 | 113850 | 115202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Electronics** (Cost: $138,465) |  |  | 141090 |
|  **Entertainment** — **0.1%** |  |  |  |
|  DK Crown Holdings, Inc. 2025 Term Loan B<br>5.53% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 03/04/32 | 37387 | 37447 |
|  EOC Borrower LLC Term Loan A<br>7.47% (1 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 03/24/28 | 27718 | 27840 |
|  Flutter Financing BV 2024 Term Loan B<br>5.42% (3 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 11/30/30 | 135001 | 135057 |
|  GVC Holdings Gibraltar Ltd. 2025 Term Loan B6 (2029)<br>5.91% (3 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 10/31/29 | 37427 | 37255 |
|  Showtime Acquisition LLC 2024 1st Lien Term Loan<br>8.63% (3 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 08/16/31 | 63396 | 63000 |
|  Voyager Parent LLC Term Loan B<br>8.42% (3 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 07/01/32 | 100109 | 100306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Entertainment** (Cost: $395,589) |  |  | 400905 |
|  **Environmental Control** — **0.0%** |  |  |  |
|  Action Environmental Group, Inc. 2023 Term Loan B<br>6.92% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 10/24/30 | 35905 | 36018 |
|  **Food** — **0.0%** |  |  |  |
|  BCPE North Star U.S. HoldCo 2, Inc. Term Loan<br>7.83% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 06/09/28 | 63211 | 63060 |
|  C&S Wholesale Grocers, Inc. Term Loan B<br>8.67% (3 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 09/20/30 | 145032 | 142132 |
|  United Natural Foods, Inc. 2024 Term Loan<br>8.47% (1 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 05/01/31 | 94290 | 95091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Food** (Cost: $296,357) |  |  | 300283 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Health Care-products** — **0.0%** | **Health Care-products** — **0.0%** | **Health Care-products** — **0.0%** | **Health Care-products** — **0.0%** |
|  Antylia Scientific Term Loan<br>7.99% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 05/27/32 | $53942 | $53626 |
|  QuidelOrtho Corp. Term Loan<br>7.72% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 08/20/32 | 81058 | 81121 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Health Care-products** (Cost: $132,192) |  |  | 134747 |
|  **Health Care-services** — **0.1%** |  |  |  |
|  Heartland Dental LLC 2025 Term Loan<br>7.47% (1 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 08/25/32 | 89304 | 89782 |
|  IQVIA, Inc. 2025 Incremental Term Loan B5<br>5.42% (3 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 01/02/31 | 174573 | 175964 |
|  Modivcare Buyer LLC Super Senior Term Loan<br>0.00%<sup>(14)</sup> | 12/29/30 | 155000 | 151125 |
|  Modivcare, Inc. 2024 Term Loan B<br>10.55% (1 mo. USD Term SOFR + 6.750%)<sup>(2)</sup> | 07/01/31 | 276277 | 112007 |
|  Modivcare, Inc. 2025 DIP Delayed Draw Term Loan<br>10.82% (1 mo. USD Term SOFR + 7.000%)<sup>(2)</sup> | 02/22/26 | 63619 | 62983 |
|  Modivcare, Inc. 2025 DIP Term Loan<br>10.73% (1 mo. USD Term SOFR + 7.000%)<sup>(2)</sup> | 02/22/26 | 119406 | 118212 |
|  Modivcare, Inc. 2025 Incremental Term Loan<br>15.44% (1 mo. USD Term SOFR + 11.500%)<sup>(2)</sup> | 01/12/26 | 84795 | 34377 |
|  Pediatric Associates Holding Co. LLC 2021 Term Loan B<br>7.35% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 12/29/28 | 33283 | 32626 |
|  Star Parent, Inc. Term Loan B<br>7.67% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 09/27/30 | 22585 | 22637 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Health Care-services** (Cost: $1,004,446) |  |  | 799713 |
|  **Holding Companies** — **Diversified (0.0%)** |  |  |  |
|  GC Ferry Acquisition I, Inc. Term Loan<br>7.17% (3 mo. USD Term SOFR + 3.500%)<sup>(2),(15)</sup> | 08/16/32 | 32347 | 32344 |
|  **Home Furnishings** — **0.0%** |  |  |  |
|  AI Aqua Merger Sub, Inc. 2024 1st Lien Term Loan B<br>6.87% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 07/31/28 | 27851 | 27943 |
|  **Insurance** — **0.0%** |  |  |  |
|  AmWINS Group, Inc. 2025 Term Loan B<br>5.97% (1 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 01/30/32 | 69752 | 70032 |
|  Asurion LLC 2021 Second Lien Term Loan B4<br>9.08% (1 mo. USD Term SOFR + 5.250%)<sup>(2)</sup> | 01/20/29 | 46768 | 46060 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Insurance** (Cost: $110,486) |  |  | 116092 |
|  **Internet** — **0.1%** |  |  |  |
|  Arches Buyer, Inc. 2021 Term Loan B<br>7.07% (1 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 12/06/27 | 47519 | 47685 |
|  Barracuda Networks, Inc. 2022 Term Loan<br>8.34% (3 mo. USD Term SOFR + 4.500%)<sup>(2)</sup> | 08/15/29 | 32384 | 26509 |
|  Delivery Hero SE 2024 USD Term Loan B<br>8.84% (3 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 12/12/29 | 135587 | 136322 |
|  Magnite, Inc. 2025 Repriced Term Loan B<br>6.72% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 02/06/31 | 34154 | 34161 |
|  MH Sub I LLC 2023 Term Loan<br>7.92% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 05/03/28 | 51691 | 48215 |
|  MH Sub I LLC 2024 Term Loan B4<br>7.97% (1 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 12/31/31 | 77229 | 66453 |
|  Plano HoldCo, Inc. Term Loan B<br>7.17% (3 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 10/02/31 | 19850 | 19304 |
|  PUG LLC 2024 Extended Term Loan B<br>0.00%<sup>(14)</sup> | 03/15/30 | 23693 | 23530 |
|  Red Ventures LLC 2024 Term Loan B<br>6.47% (1 mo. USD Term SOFR + 2.750%)<sup>(2)</sup> | 03/04/30 | 63085 | 60759 |
|  TripAdvisor, Inc. Term Loan<br>6.47% (1 mo. USD Term SOFR + 2.750%)<sup>(2)</sup> | 07/08/31 | 46426 | 44946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Internet** (Cost: $520,904) |  |  | 507884 |
|  **Leisure Time** — **0.0%** |  |  |  |
|  MajorDrive Holdings IV LLC Term Loan B<br>7.93% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 06/01/28 | 18643 | 16975 |
|  Sabre GLBL, Inc. 2021 Term Loan B1<br>0.00%<sup>(14)</sup> | 12/17/27 | 9829 | 9649 |
|  Sabre GLBL, Inc. 2021 Term Loan B2<br>0.00%<sup>(14)</sup> | 12/17/27 | 6582 | 6462 |
|  Sabre GLBL, Inc. 2024 Term Loan B1<br>9.82% (1 mo. USD Term SOFR + 6.000%)<sup>(2)</sup> | 11/15/29 | 21912 | 19502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Leisure Time** (Cost: $54,195) |  |  | 52588 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Lodging** — **0.1%** | **Lodging** — **0.1%** | **Lodging** — **0.1%** | **Lodging** — **0.1%** |
|  Hilton Domestic Operating Co., Inc. 2023 Term Loan B4<br>5.48% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 11/08/30 | $498366 | $502111 |
|  Station Casinos LLC 2024 Term Loan B<br>5.72% (1 mo. USD Term SOFR + 2.000%)<sup>(2)</sup> | 03/14/31 | 28595 | 28721 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Lodging** (Cost: $522,884) |  |  | 530832 |
|  **Machinery-construction & Mining** — **0.0%** |  |  |  |
|  WEC U.S. Holdings Ltd. 2024 Term Loan<br>5.87% (1 mo. USD Term SOFR + 2.000%)<sup>(2)</sup> | 01/27/31 | 50160 | 50302 |
|  **Media** — **0.2%** |  |  |  |
|  Charter Communications Operating LLC 2024 Term Loan B5<br>6.24% (3 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 12/15/31 | 1446858 | 1449571 |
|  Ziggo Financing Partnership 2025 Term Loan B<br>7.03% (6 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 01/15/33 | 62677 | 62344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Media** (Cost: $1,505,166) |  |  | 1511915 |
|  **Miscellaneous Manufacturers** — **0.0%** |  |  |  |
|  Cleanova U.S. Holdings LLC 2025 Term Loan B<br>8.48% (3 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 06/14/32 | 33975 | 34145 |
|  **Office/business Equipment** — **0.0%** |  |  |  |
|  Xerox Holdings Corp. 2023 Term Loan B<br>7.73% (6 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 11/19/29 | 281693 | 241904 |
|  **Packaging & Containers** — **0.0%** |  |  |  |
|  Balcan Innovations, Inc. Term Loan B<br>8.59% (3 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 10/18/31 | 44306 | 35445 |
|  BradyPlus Holdings LLC 2025 Term Loan B<br>7.17% (3 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 12/11/30 | 171081 | 169547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Packaging & Containers** (Cost: $212,046) |  |  | 204992 |
|  **Pharmaceuticals** — **0.0%** |  |  |  |
|  Jazz Financing Lux SARL 2024 1st Lien Term Loan B2<br>5.97% (1 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 05/05/28 | 61825 | 62164 |
|  **Reit** — **0.3%** |  |  |  |
|  Healthpeak Properties, Inc. 2024 Term Loan A3<br>4.51% (3 mo. USD Term SOFR + 0.850%)<sup>(2)</sup> | 03/01/29 | 669298 | 660932 |
|  Healthpeak Properties, Inc. Term Loan A1<br>4.56% (1 mo. USD Term SOFR + 0.840%)<sup>(2)</sup> | 08/20/27 | 331629 | 329142 |
|  Healthpeak Properties, Inc. Term Loan A2<br>4.56% (1 mo. USD Term SOFR + 0.840%)<sup>(2)</sup> | 02/22/27 | 331629 | 329141 |
|  Invitation Homes Operating Partnership LP 2024 Term Loan<br>4.70% (1 mo. USD Term SOFR + 0.850%)<sup>(2)</sup> | 09/09/28 | 954196 | 954196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Reit** (Cost: $2,260,145) |  |  | 2273411 |
|  **Retail** — **0.1%** |  |  |  |
|  1011778 BC Unlimited Liability Co. 2024 Term Loan B6<br>5.47% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 09/20/30 | 19358 | 19407 |
|  Dave & Buster's, Inc. 2024 1st Lien Term Loan B<br>7.13% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 11/01/31 | 63351 | 56818 |
|  KFC Holding Co. 2021 Term Loan B<br>5.60% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 03/15/28 | 191740 | 192758 |
|  Peer Holding III BV 2025 USD Term Loan B<br>8.50% (3 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 09/29/32 | 150000 | 150469 |
|  Peer Holding III BV 2025 USD Term Loan B5B<br>6.17% (3 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 07/01/31 | 124418 | 125105 |
|  Raising Cane's Restaurants LLC 2025 Term Loan B<br>5.84% (1 mo. USD Term SOFR + 2.000%)<sup>(2)</sup> | 11/03/32 | 61880 | 62093 |
|  Tacala LLC 2025 Repriced Term Loan B<br>6.72% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 01/31/31 | 97200 | 97990 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Retail** (Cost: $703,006) |  |  | 704640 |
|  **Software** — **0.1%** |  |  |  |
|  Cast & Crew Payroll LLC 2021 Incremental Term Loan<br>7.47% (1 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 12/29/28 | 22477 | 13575 |
|  DTI Holdco, Inc. 2025 Term Loan B<br>7.72% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 04/26/29 | 31659 | 29647 |
|  Genesys Cloud Services Holdings II LLC 2025 USD Term Loan B<br>6.22% (1 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 01/30/32 | 37532 | 37503 |
|  Planview Parent, Inc. 2024 1st Lien Term Loan<br>0.00%<sup>(14)</sup> | 12/17/27 | 61883 | 59552 |
|  Project Alpha Intermediate Holding, Inc. 2024 1st Lien Term Loan B<br>6.92% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 10/26/30 | 114722 | 114672 |
|  Renaissance Holding Corp. 2024 1st Lien Term Loan<br>7.72% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 04/05/30 | 244678 | 214386 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Software (Continued)** |  |  |  |
|  SonarSource Financing LLC Term Loan<br>8.17% (3 mo. USD Term SOFR + 4.500%)<sup>(2)</sup> | 12/19/30 | $61260 | $60648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Software** (Cost: $544,504) |  |  | 529983 |
|  **Telecommunications** — **0.0%** |  |  |  |
|  Frontier Communications Corp. 2025 Term Loan B<br>6.24% (1 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 07/01/31 | 31270 | 31333 |
|  Zayo Group Holdings, Inc. 2025 USD Term Loan<br>0.50% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 03/11/30 | 42223 | 40189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Telecommunications** (Cost: $73,259) |  |  | 71522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Bank Loans** (Cost: $12,227,654) |  |  | 11914853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $1,017,453,962) |  |  | 1018573924 |
|  **CONVERTIBLE SECURITIES** — **0.1%** |  |  |  |
|  **CONVERTIBLE CORPORATE BONDS** — **0.1%** |  |  |  |
|  **Beverages** — **0.0%** |  |  |  |
|  Davide Campari-Milano NV (Italy)<br>2.38%<sup>(6)</sup> | 01/17/29 | 300000 | 343474 |
|  **Commercial Services** — **0.1%** |  |  |  |
|  Worldline SA (France)<br>0.00%<sup>(6),(9)</sup> | 07/30/26 | 418365 | 480195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Corporate Bonds** (Cost: $739,237) |  |  | 823669 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Securities** (Cost: $739,237) |  |  | 823669 |
| **Security** |  | **Shares** | **Value** |
|  **MONEY MARKET INVESTMENTS** — **4.7%** |  |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 3.74%<sup>(16)</sup> |  | 5713144 | 5713144 |
|  TCW Central Cash Fund, 3.71%<sup>(16),(17)</sup> |  | 35411802 | 35411802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $41,124,946) |  |  | 41124946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **PURCHASED OPTIONS(18) (0.0%)** (Cost: $383,321) |  |  | 6997 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (120.4%)** (Cost: $1,059,701,466) |  |  | 1060529536 |
|  **Net unrealized appreciation/depreciation on Unfunded Commitments (0.0%)**<br>(Cost: $—) | **Net unrealized appreciation/depreciation on Unfunded Commitments (0.0%)**<br>(Cost: $—) |  | 6 |
|  **Liabilities In Excess Of Other Assets (-20.4%)** |  |  | (179610647) |
|  **Net Assets (100.0%)** |  |  | $880918895 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  |
| **Number of<br>Contracts** | **Type** | **Expiration**<br>**Date** | **Notional**<br>**Contract**<br>**Value** | **Value** | **Net<br>Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
|  **Long Futures** |  |  |  |  |  |
| 2883 | 2-Year U.S. Treasury Note Futures | 03/31/26 | $601488669 | $601938866 | $450197 |
|  |  |  | $**601488669** | $**601938866** | $**450197** |
|  **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** |
| 469 | 10-Year U.S. Treasury Note Futures | 03/20/26 | $(54050518) | $(53942328) | $108190 |
| 1125 | 5-Year U.S. Treasury Note Futures | 03/31/26 | (122842222) | (122967774) | (125552) |
| 2 | Euro Schatz Futures | 03/06/26 | (251142) | (250839) | 303 |
| 1 | Euro-Bobl Futures | 03/06/26 | (136986) | (136424) | 562 |
| 5 | Euro-Bund Futures | 03/06/26 | (754459) | (749123) | 5336 |
| 72 | U.S. Ultra Long Bond Futures | 03/20/26 | (8624254) | (8496000) | 128254 |
|  |  |  | $**(186659581)** | $**(186542488)** | $**117093** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  |
| **Counterparty** | **Contracts to<br>Deliver** | **Units of<br>Currency** | **Settlement<br>Date** | **In Exchange<br>for USD** | **Contracts<br>at Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **BUY<sup>(19)</sup>** |  |  |  |  |  |  |
|  Citibank N.A. | EUR | 651451 | 01/09/26 | $760894 | $765241 | $4347 |
|  Goldman Sachs & Co. | EUR | 441992 | 01/09/26 | 519312 | 519195 | (117) |
|  Citibank N.A. | GBP | 495210 | 01/09/26 | 650603 | 666080 | 15477 |
|  |  |  |  | $**1930809** | $**1950516** | $**19707** |
|  **SELL<sup>(20)</sup>** |  |  |  |  |  |  |
|  Citibank N.A. | EUR | 5583841 | 01/09/26 | 6565983 | 6559182 | 6801 |
|  Bank Of New York | GBP | 150000 | 01/09/26 | 201039 | 201757 | (718) |
|  Citibank N.A. | GBP | 1250000 | 01/09/26 | 1671941 | 1681307 | (9366) |
|  Bank Of America | GBP | 2364996 | 01/09/26 | 3176651 | 3181028 | (4377) |
|  |  |  |  | $**11615614** | $**11623274** | $**(7660)** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  **SWAPTIONS**  | **SWAPTIONS**  | **SWAPTIONS**  | **SWAPTIONS**  | **SWAPTIONS**  | **SWAPTIONS**  | **SWAPTIONS**  | **SWAPTIONS**  | **SWAPTIONS**  |
| **Description** | **Counterparty** | **Exercise<br>Price** | **Expiration<br>Date** | **Number of<br>Contracts** | **Notional<br>Amount** | **Market<br>Value** | **Premiums<br>Paid<br>(Received)<br>by Fund** | **Unrealized<br>Appreciation**<br>**(Depreciation)** |
|  **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** |
|  2-Year Interest Rate Swap | Morgan Stanley & Co. | 4.05 | 01/30/26 | 43113000 | $43113000 | $17 | $49580 | $(49563) |
|  2-Year Interest Rate Swap | Morgan Stanley & Co. | 4.03 | 02/27/26 | 43113000 | 43113000 | 354 | 56047 | (55693) |
|  2-Year Interest Rate Swap | Morgan Stanley & Co. | 4.00 | 03/31/26 | 43113000 | 43113000 | 1992 | 72300 | (70308) |
|  5-Year Interest Rate Swap | Bank of America | 4.22 | 01/30/26 | 18017000 | 18017000 | 65 | 55853 | (55788) |
|  5-Year Interest Rate Swap | JPMorgan Chase Bank | 4.22 | 02/27/26 | 18017000 | 18017000 | 914 | 68465 | (67551) |
|  5-Year Interest Rate Swap | JPMorgan Chase Bank | 4.22 | 03/31/26 | 18017000 | 18017000 | 3655 | 81076 | (77421) |
|  **Total Swaptions** |  |  |  |  |  | $**6997** | $**383321** | $**(376324)** |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
|  ABS | Asset-Backed Securities. |
|  ACES | Alternative Credit Enhancement Securities. |
|  CLO | Collateralized Loan Obligation. |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | |
|:---|:---|
|  EUR | Euro Currency. |
|  GBP | British Pound Sterling. |
|  I/F | Inverse Floating rate security whose interest rate moves in the opposite direction of prevailing interest rates. |
|  I/O | Interest Only Security. |
|  LIBOR | London Interbank Offered Rate. |
|  PAC | Planned Amortization Class. |
|  REMIC | Real Estate Mortgage Investment Conduits. |
|  PIK | Payment In Kind. |
|  SOFR | Secured Overnight Financing Rate. |
|  STRIPS | Separate Trading of Registered Interest and Principal Securities. |
|  TBA | To Be Announced. |
| (1) | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold, normally only to qualified institutional buyers. At December 31, 2025, the value of these securities amounted to $261,491,070 or 29.7% of net assets. These securities are determined to be liquid by the Fund's investment advisor, unless otherwise noted, under procedures established by and under the general supervision of the Company's Board of Directors. |
| (2) | Floating or variable rate security. The interest shown reflects the rate in effect at December 31, 2025. |
| (3) | For fair value measurement disclosure purposes, security is categorized as Level 3. Security is valued using significant unobservable inputs. |
| (4) | Security purchased on a forward commitment with an approximate principal amount. The actual principal amount and maturity date will be determined upon settlement when the security is delivered. |
| (5) | Variable rate security. Interest rate disclosed is as of the most recent information available. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description above. |
| (6) | Investments issued under Regulation S of the Securities Act of 1933, as amended, may not be offered, sold, or delivered within the United States except under special exemptions. At December 31, 2025, the value of these securities amounted to $7,948,054 or 0.9% of net assets. |
| (7) | Restricted security (Note 7). |
| (8) | Security is currently in default due to bankruptcy or failure to make payment of principal or interest of the issuer. Income is not being accrued. |
| (9) | Security is not accruing interest. |
| (10) | Payment-in-kind ("PIK") security. Income may be paid in additional securities or cash at the discretion of the issuer—5.00% cash or 10.00% PIK interest. |
| (11) | Perpetual maturity. |
| (12) | Payment-in-kind ("PIK") security. Income may be paid in additional securities or cash at the discretion of the issuer—5.75% cash or 0.50% payment-in-kind interest. |
| (13) | Excluded from the investment total above is an unfunded delayed draw term loan commitment in an amount not to exceed $2,507, at an interest rate of 5.75% and a maturity of December 30, 2029. The investment is accruing an unused commitment fee of 9.57% per annum. |
| (14) | This position represents an unsettled bank loan at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which will be adjusted on settlement date. |
| (15) | Excluded from the investment total above is an unfunded delayed draw term loan commitment in an amount not to exceed $5,523, at an interest rate of 1.75% and a maturity of August 16, 2032. The investment is accruing an unused commitment fee of 7.17% per annum. |
| (16) | Rate disclosed is the 7-day net yield as of December 31, 2025. |
| (17) | Affiliated issuer. |
| (18) | See options table for description of purchased options. |
| (19) | Fund buys foreign currency, sells USD. |
| (20) | Fund sells foreign currency, buys USD. |

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------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

The summary of the TCW MetWest Low Duration Bond Fund transactions in the affiliated funds for the period ended December 31, 2025 is as follows:

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated<br>Fund** | **Value at<br>March 31,<br>2025** | **Purchases at<br>Cost** | **Proceeds from<br>Sales** | **Number of<br>Shares Held<br>December 31,<br>2025** | **Value at December 31,<br>2025** | **Dividends<br>and Interest<br>Income<br>Received** | **Distributions<br>Received<br>from Net<br>Realized Gain** | **Net change in<br>Unrealized<br>Gain (Loss) on<br>Investments** |
|  TCW Central Cash Fund | $17362135 | $1082549667 | $1064500000 | 35411802 | $35411802 | $2648069 | $– $– $|  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $35411802 | $2648069 | $– $– $|  |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| Fair Valuation Summary (Unaudited) | December 31, 2025 |

---

The following is a summary of the fair valuations according to the inputs used as of December 31, 2025 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in**<br>**Active Markets for**<br>**Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Fixed Income Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds | $— | $265321936 | $— | $265321936 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Agency |  | 251874422 |  | 251874422 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Securities |  | 169441646 |  | 169441646 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 130614654 | 4611103 | 135225757 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Non-Agency |  | 95464249 |  | 95464249 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 73613101 |  | 73613101 |
| &nbsp;&nbsp;&nbsp;&nbsp; Bank Loans |  | 11914853 |  | 11914853 |
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds |  | 8175633 |  | 8175633 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Agency |  | 7542327 |  | 7542327 |
|  Total Fixed Income Securities |  | 1013962821 | 4611103 | 1018573924 |
|  Convertible Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Convertible Corporate Bonds |  | 823669 |  | 823669 |
|  Equity Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Money Market Investments | 41124946 |  |  | 41124946 |
|  Swaptions |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Purchased Swaptions—OTC |  | 6997 |  | 6997 |
|  Net Unrealized Appreciation (Depreciation) on Unfunded Commitments | $— | $6 | $— | $6 |
|  Total Investments | $41124946 | $1014793493 | $4611103 | $1060529542 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 26625 |  | 26625 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 692842 |  |  | 692842 |
|  Total | $41817788 | $1014820118 | $4611103 | $1061249009 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | $(125552) | $— | $— | $(125552) |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | (14578) |  | (14578) |
|  Total | $(125552) | $(14578) | $— | $(140130) |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **FIXED INCOME SECURITIES** — **97.6% of Net Assets** |  |  |  |
|  **ASSET-BACKED SECURITIES** — **10.3%** |  |  |  |
|  AIMCO CLO Series 2017-AA, Class SUB<br>0.00%<sup>(1),(2),(3)</sup> | 01/20/38 | $355000 | $171160 |
|  ALLO Issuer LLC Series 2023-1A, Class C<br>12.18%<sup>(1)</sup> | 06/20/53 | 230000 | 242138 |
|  Ballyrock CLO 19 Ltd. Series 2022-19A, Class CR<br>6.98% (3 mo. USD Term SOFR + 3.100%)<sup>(1),(4)</sup> | 04/20/35 | 175000 | 174654 |
|  BBAM U.S. CLO VI Ltd. Series 2025-6A, Class SUB<br>0.00%<sup>(1),(2),(3)</sup> | 01/27/39 | 100000 | 79867 |
|  BCRED CLO LLC Series 2023-1A, Class A<br>6.18% (3 mo. USD Term SOFR + 2.300%)<sup>(1),(4)</sup> | 01/20/36 | 250000 | 250665 |
|  Carvana Auto Receivables Trust Series 2022-P3, Class R<br>0.00%<sup>(1),(5),(3)</sup> | 09/10/29 | 1750 | 142066 |
|  Cologix Data Centers U.S. Issuer LLC Series 2021-1A, Class B<br>3.79%<sup>(1)</sup> | 12/26/51 | 165000 | 160773 |
|  Consolidated Communications LLC/Fidium Fiber Finance Holdco LLC Series 2025-1A, Class A2<br>6.00%<sup>(1)</sup> | 05/20/55 | 65000 | 66595 |
|  Crystal River CDO Ltd. Series 2005-1A, Class A<br>4.41% (3 mo. USD Term SOFR + 0.622%)<sup>(1),(4)</sup> | 03/02/46 | 419900 | 36479 |
|  Diamond Infrastructure Funding LLC Series 2021-1A, Class C<br>3.48%<sup>(1)</sup> | 04/15/49 | 215000 | 208814 |
|  Elmwood CLO 17 Ltd. Series 2022-4A, Class SUB<br>5.77%<sup>(1),(2)</sup> | 07/17/37 | 250000 | 153737 |
|  Flexential Issuer LLC Series 2021-1A, Class A2<br>3.25%<sup>(1)</sup> | 11/27/51 | 29714 | 29293 |
|  Golub Capital Partners CLO 42M-R Ltd. Series 2019-42RA, Class A2R<br>6.61% (3 mo. USD Term SOFR + 2.750%)<sup>(1),(4)</sup> | 01/20/36 | 175000 | 175009 |
|  Hertz Vehicle Financing III LP Series 2021-2A, Class D<br>4.34%<sup>(1)</sup> | 12/27/27 | 150000 | 147892 |
|  HPS Loan Management Ltd. Series 2024-19A, Class C2<br>6.80% (3 mo. USD Term SOFR + 2.900%)<sup>(1),(4)</sup> | 04/15/37 | 250000 | 250923 |
|  KGS-Alpha SBA COOF Trust Series 2015-1, Class A (I/O)<br>1.47%<sup>(1),(2)</sup> | 10/25/35 | 422589 | 8750 |
|  Neuberger Berman Loan Advisers CLO 56 Ltd. Series 2024-56A, Class SUB<br>0.00%<sup>(1),(3)</sup> | 07/24/37 | 250000 | 157396 |
|  OCP CLO Ltd. Series 2015-9A, Class SUB<br>0.00%<sup>(1),(2),(3)</sup> | 01/15/37 | 325800 | 133465 |
|  Palmer Square CLO Ltd. Series 2024-3A, Class SUB<br>0.00%<sup>(1),(2),(3)</sup> | 07/20/37 | 250000 | 194142 |
|  Park Avenue Institutional Advisers CLO Ltd. Series 2021-1A, Class CR<br>7.03% (3 mo. USD Term SOFR + 3.150%)<sup>(1),(4)</sup> | 01/20/34 | 130000 | 129618 |
|  Rockford Tower CLO Ltd. Series 2017-3A, Class A<br>5.34% (3 mo. USD Term SOFR + 1.452%)<sup>(1),(4)</sup> | 10/20/30 | 11918 | 11922 |
|  Skyline Aviation, Inc. Class A<br>3.23%<sup>(6)</sup> | 07/03/38 | 53780 | 50858 |
|  SLC Student Loan Trust Series 2004-1, Class B<br>4.81% (90 day USD SOFR Average + 0.552%)<sup>(4)</sup> | 08/15/31 | 83735 | 73806 |
|  SLM Student Loan Trust Series 2007-7, Class B<br>5.32% (90 day USD SOFR Average + 1.012%)<sup>(4)</sup> | 10/27/70 | 215000 | 221837 |
|  SLM Student Loan Trust Series 2008-2, Class B<br>5.77% (90 day USD SOFR Average + 1.462%)<sup>(4)</sup> | 01/25/83 | 340000 | 358342 |
|  SLM Student Loan Trust Series 2008-3, Class B<br>5.77% (90 day USD SOFR Average + 1.462%)<sup>(4)</sup> | 04/26/83 | 340000 | 351155 |
|  SLM Student Loan Trust Series 2008-4, Class B<br>6.42% (90 day USD SOFR Average + 2.112%)<sup>(4)</sup> | 04/25/73 | 340000 | 356915 |
|  SLM Student Loan Trust Series 2008-5, Class B<br>6.42% (90 day USD SOFR Average + 2.112%)<sup>(4)</sup> | 07/25/73 | 235000 | 247461 |
|  Stratus CLO Ltd. Series 2021-3A, Class SUB<br>0.00%<sup>(1),(2),(3),(6)</sup> | 12/29/29 | 250000 | 25 |
|  Structured Receivables Finance LLC Series 2010-A, Class B<br>7.61%<sup>(1)</sup> | 01/16/46 | 103848 | 104753 |
|  Structured Receivables Finance LLC Series 2010-B, Class B<br>7.97%<sup>(1)</sup> | 08/15/36 | 205614 | 209228 |
|  Voya CLO Ltd. Series 2020-1A, Class DRR<br>6.84% (3 mo. USD Term SOFR + 2.950%)<sup>(1),(4)</sup> | 07/16/34 | 150000 | 149703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-backed Securities** (Cost: $5,596,169) |  |  | 5049441 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **16.5%** |  |  |  |
|  Federal Home Loan Mortgage Corp., Pool #SD8286<br>4.00% | 01/01/53 | 104963 | 100054 |
|  Federal Home Loan Mortgage Corp., Pool #SD8323<br>5.00% | 05/01/53 | 218275 | 218758 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3247, Class SI (I/O) (I/F)<br>0.15% (-30 day USD SOFR Average + 6.536%)<sup>(4)</sup> | 08/15/36 | 4262763 | 16795 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3289, Class SD (I/O) (I/F)<br>2.02% (-30 day USD SOFR Average + 6.006%)<sup>(4)</sup> | 03/15/37 | 375656 | 26687 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5546, Class AS (I/F)<br>4.69% (-30 day USD SOFR Average + 10.500%)<sup>(4)</sup> | 06/25/55 | 83168 | 81396 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5547, Class S (I/F)<br>4.76% (-30 day USD SOFR Average + 10.575%)<sup>(4)</sup> | 06/25/55 | 85048 | 83439 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** |  |  |  |
|  Federal Home Loan Mortgage Corp. REMICS Series 5548, Class S (I/F)<br>5.21% (-30 day USD SOFR Average + 11.667%)<sup>(4)</sup> | 06/25/55 | $83748 | $82777 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5578, Class SD (I/O) (I/F)<br>2.03% (-30 day USD SOFR Average + 5.900%)<sup>(4)</sup> | 09/25/55 | 491242 | 49103 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 386, Class C1 (I/O)<br>2.00% | 03/15/52 | 849098 | 114527 |
|  Federal National Mortgage Association, Pool #MA4599<br>3.00% | 05/01/52 | 420505 | 373305 |
|  Federal National Mortgage Association, Pool #MA4626<br>4.00% | 06/01/52 | 154579 | 147517 |
|  Federal National Mortgage Association, Pool #MA5009<br>5.00% | 05/01/53 | 291360 | 292272 |
|  Federal National Mortgage Association Interest STRIPS Series 426, Class C40 (I/O)<br>2.00% | 06/25/51 | 176885 | 23298 |
|  Federal National Mortgage Association Interest STRIPS Series 426, Class C41 (I/O)<br>2.00% | 03/25/51 | 673827 | 88225 |
|  Federal National Mortgage Association Interest STRIPS Series 426, Class C42 (I/O)<br>2.00% | 11/25/50 | 428472 | 56215 |
|  Federal National Mortgage Association Interest STRIPS Series 434, Class C29 (I/O)<br>2.00% | 10/25/52 | 1019942 | 136034 |
|  Federal National Mortgage Association REMICS Series 2000-45, Class SA (I/O) (I/F)<br>3.90% (-30 day USD SOFR Average + 7.836%)<sup>(4)</sup> | 12/18/30 | 287 | 14 |
|  Federal National Mortgage Association REMICS Series 2001-42, Class SB (I/O) (I/F)<br>8.50% (-30 day USD SOFR Average + 126.168%)<sup>(4)</sup> | 09/25/31 | 90 | 95 |
|  Federal National Mortgage Association REMICS Series 2003-124, Class TS (I/O) (I/F)<br>9.80% (-30 day USD SOFR Average + 99.197%)<sup>(4)</sup> | 01/25/34 | 1432 | 1512 |
|  Federal National Mortgage Association REMICS Series 2006-125, Class SM (I/O) (I/F)<br>3.21% (-30 day USD SOFR Average + 7.086%)<sup>(4)</sup> | 01/25/37 | 295493 | 29581 |
|  Federal National Mortgage Association REMICS Series 2008-50, Class SA (I/O) (I/F)<br>2.06% (-30 day USD SOFR Average + 5.936%)<sup>(4)</sup> | 11/25/36 | 320869 | 25178 |
|  Federal National Mortgage Association REMICS Series 2010-43, Class KS (I/O) (I/F)<br>2.43% (-30 day USD SOFR Average + 6.306%)<sup>(4)</sup> | 05/25/40 | 337261 | 33429 |
|  Federal National Mortgage Association REMICS Series 2024-81, Class SE (I/O) (I/F)<br>1.48% (-30 day USD SOFR Average + 5.350%)<sup>(4)</sup> | 07/25/54 | 1257167 | 65225 |
|  Government National Mortgage Association, Pool #MA8346<br>4.00% | 10/20/52 | 313259 | 298867 |
|  Government National Mortgage Association, Pool #MA9488<br>5.50% | 02/20/54 | 522689 | 530979 |
|  Government National Mortgage Association REMICS Series 2013-25, Class SA (I/O) (I/F)<br>2.35% (-1 mo. USD Term SOFR + 6.086%)<sup>(4)</sup> | 02/20/43 | 947811 | 102923 |
|  Government National Mortgage Association REMICS Series 2024-159, Class XS (I/O) (I/F)<br>1.58% (-30 day USD SOFR Average + 5.500%)<sup>(4)</sup> | 10/20/54 | 1058269 | 82531 |
|  Government National Mortgage Association, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(7)</sup> | 05/01/55 | 275000 | 259612 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(7)</sup> | 07/01/55 | 625000 | 608922 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(7)</sup> | 07/01/55 | 625000 | 623380 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(7)</sup> | 05/01/55 | 200000 | 201946 |
|  Uniform Mortgage-Backed Security, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%<sup>(7)</sup> | 10/01/51 | 550000 | 445136 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(7)</sup> | 11/01/51 | 525000 | 444320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(7)</sup> | 12/01/51 | 275000 | 243301 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(7)</sup> | 01/01/52 | 400000 | 368677 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(7)</sup> | 01/01/52 | 150000 | 138701 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(7)</sup> | 05/01/55 | 600000 | 569264 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(7)</sup> | 07/01/55 | 825000 | 805409 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(7)</sup> | 07/01/55 | 300000 | 299273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities**—**Agency** (Cost: $8,219,246) |  |  | 8068677 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **15.1%** |  |  |  |
|  1211 Avenue of the Americas Trust Series 2015-1211, Class A1A2<br>3.90%<sup>(1)</sup> | 08/10/35 | 137000 | 132667 |
|  1211 Avenue of the Americas Trust Series 2015-1211, Class B<br>4.09%<sup>(1),(2)</sup> | 08/10/35 | 150000 | 143062 |
|  245 Park Avenue Trust Series 2017-245P, Class E<br>3.66%<sup>(1),(2)</sup> | 06/05/37 | 170000 | 162882 |
|  280 Park Avenue Mortgage Trust Series 2017-280P, Class E<br>6.20% (1 mo. USD Term SOFR + 2.419%)<sup>(1),(4)</sup> | 09/15/34 | 150000 | 148311 |
|  Banc of America Commercial Mortgage Trust Series 2015-UBS7, Class XE (I/O)<br>1.25%<sup>(1),(2)</sup> | 09/15/48 | 1500000 | 374 |
|  BX Commercial Mortgage Trust Series 2025-BCAT, Class D<br>6.40% (1 mo. USD Term SOFR + 2.650%)<sup>(1),(4)</sup> | 08/15/42 | 191657 | 192619 |
|  BX Trust Series 2021-LBA, Class DV<br>5.47% (1 mo. USD Term SOFR + 1.714%)<sup>(1),(4)</sup> | 02/15/36 | 229335 | 229294 |
|  BX Trust Series 2021-VIEW, Class B<br>5.66% (1 mo. USD Term SOFR + 1.914%)<sup>(1),(4)</sup> | 06/15/36 | 200000 | 199921 |
|  BX Trust Series 2021-VIEW, Class C<br>6.21% (1 mo. USD Term SOFR + 2.464%)<sup>(1),(4)</sup> | 06/15/36 | 78000 | 77974 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |  |
|  BX Trust Series 2025-VLT6, Class E<br>6.94% (1 mo. USD Term SOFR + 3.191%)<sup>(1),(4)</sup> | 03/15/42 | $129000 | $128853 |
|  BXHPP Trust Series 2021-FILM, Class C<br>4.96% (1 mo. USD Term SOFR + 1.214%)<sup>(1),(4)</sup> | 08/15/36 | 120000 | 112619 |
|  BXHPP Trust Series 2021-FILM, Class D<br>5.36% (1 mo. USD Term SOFR + 1.614%)<sup>(1),(4)</sup> | 08/15/36 | 100000 | 92813 |
|  Citigroup Commercial Mortgage Trust Series 2016-P4, Class XA (I/O)<br>1.88%<sup>(2)</sup> | 07/10/49 | 1898001 | 3268 |
|  Citigroup Commercial Mortgage Trust Series 2020-555, Class G<br>3.50%<sup>(1),(2)</sup> | 12/10/41 | 200000 | 170781 |
|  COBALT CMBS Commercial Mortgage Trust Series 2007-C2, Class X (I/O)<br>0.44%<sup>(1),(2)</sup> | 04/15/47 | 442983 | 1176 |
|  COMM Mortgage Trust Series 2013-CR12, Class XA (I/O)<br>0.51%<sup>(2)</sup> | 10/10/46 | 127793 | 1 |
|  CoreVest American Finance Trust Series 2020-1, Class A2<br>2.30%<sup>(1)</sup> | 03/15/50 | 56557 | 54472 |
|  CSMC Trust Series 2014-USA, Class X1 (I/O)<br>0.54%<sup>(1),(2)</sup> | 09/15/37 | 9783817 | 83212 |
|  DROP Mortgage Trust Series 2021-FILE, Class D<br>6.61% (1 mo. USD Term SOFR + 2.864%)<sup>(1),(4)</sup> | 10/15/43 | 150000 | 127264 |
|  FirstKey Homes Trust Series 2021-SFR1, Class F2<br>3.45%<sup>(1)</sup> | 08/17/38 | 180000 | 177778 |
|  FirstKey Homes Trust Series 2022-SFR1, Class D<br>5.20%<sup>(1)</sup> | 05/19/39 | 350000 | 349501 |
|  FRTKL Group, Inc. Series 2021-SFR1, Class G<br>4.11%<sup>(1)</sup> | 09/17/38 | 300000 | 293356 |
|  GS Mortgage Securities Trust Series 2014-GC24, Class XA (I/O)<br>0.29%<sup>(2)</sup> | 09/10/47 | 173131 | 2 |
|  Hilton USA Trust Series 2016-HHV, Class F<br>4.19%<sup>(1),(2)</sup> | 11/05/38 | 170000 | 166765 |
|  JPMBB Commercial Mortgage Securities Trust Series 2014-C22, Class XA (I/O)<br>0.40%<sup>(2)</sup> | 09/15/47 | 396237 | 4 |
|  JPMBB Commercial Mortgage Securities Trust Series 2014-C25, Class XA (I/O)<br>0.41%<sup>(2)</sup> | 11/15/47 | 780197 | 8 |
|  JPMDB Commercial Mortgage Securities Trust Series 2018-C8, Class XEF (I/O)<br>1.76%<sup>(1),(2)</sup> | 06/15/51 | 1157000 | 42016 |
|  KRE Commercial Mortgage Trust Series 2025-AIP4, Class E<br>6.75% (1 mo. USD Term SOFR + 3.000%)<sup>(1),(4)</sup> | 03/15/42 | 130000 | 130188 |
|  Ladder Capital Commercial Mortgage Trust Series 2013-GCP, Class XA (I/O)<br>1.13%<sup>(1),(2)</sup> | 02/15/36 | 1316533 | 27064 |
|  MKT Mortgage Trust Series 2020-525M, Class D<br>2.94%<sup>(1),(2)</sup> | 02/12/40 | 120000 | 101002 |
|  Morgan Stanley Bank of America Merrill Lynch Trust Series 2013-C9, Class XB (I/O)<br>0.09%<sup>(1),(2)</sup> | 05/15/46 | 7209589 | 1036 |
|  Natixis Commercial Mortgage Securities Trust Series 2018-ALXA, Class E<br>4.32%<sup>(1),(2)</sup> | 01/15/43 | 180000 | 156467 |
|  NXPT Commercial Mortgage Trust Series 2024-STOR, Class E<br>6.70%<sup>(1),(2)</sup> | 11/05/41 | 144000 | 145782 |
|  NYC Commercial Mortgage Trust Series 2025-3BP, Class D<br>6.19% (1 mo. USD Term SOFR + 2.441%)<sup>(1),(4)</sup> | 02/15/42 | 135000 | 134927 |
|  NYO Commercial Mortgage Trust Series 2021-1290, Class C<br>5.86% (1 mo. USD Term SOFR + 2.109%)<sup>(1),(4)</sup> | 11/15/38 | 100000 | 99429 |
|  NYO Commercial Mortgage Trust Series 2021-1290, Class D<br>6.41% (1 mo. USD Term SOFR + 2.659%)<sup>(1),(4)</sup> | 11/15/38 | 140000 | 138223 |
|  Progress Residential Trust Series 2021-SFR10, Class H<br>5.23%<sup>(1)</sup> | 12/17/40 | 233081 | 226458 |
|  Progress Residential Trust Series 2021-SFR3, Class E1<br>2.54%<sup>(1)</sup> | 05/17/26 | 225000 | 223492 |
|  Progress Residential Trust Series 2021-SFR3, Class F<br>3.44%<sup>(1)</sup> | 05/17/26 | 200000 | 198687 |
|  Progress Residential Trust Series 2021-SFR6, Class G<br>4.00%<sup>(1)</sup> | 07/17/38 | 250000 | 248063 |
|  Progress Residential Trust Series 2021-SFR7, Class F<br>3.83%<sup>(1)</sup> | 08/17/40 | 220000 | 208886 |
|  Progress Residential Trust Series 2022-SFR1, Class F<br>4.88%<sup>(1)</sup> | 02/17/41 | 130000 | 127073 |
|  RIDE Series 2025-SHRE, Class D<br>6.75%<sup>(1),(2)</sup> | 02/14/47 | 100000 | 102463 |
|  ROCK Trust Series 2024-CNTR, Class D<br>7.11%<sup>(1)</sup> | 11/13/41 | 213000 | 223571 |
|  SFAVE Commercial Mortgage Securities Trust Series 2015-5AVE, Class A1<br>3.87%<sup>(1),(2)</sup> | 01/05/43 | 220000 | 189130 |
|  SFAVE Commercial Mortgage Securities Trust Series 2015-5AVE, Class D<br>4.39%<sup>(1),(2)</sup> | 01/05/43 | 200000 | 152068 |
|  SFO Commercial Mortgage Trust Series 2021-555, Class B<br>5.36% (1 mo. USD Term SOFR + 1.614%)<sup>(1),(4)</sup> | 05/15/38 | 150000 | 149442 |
|  SMRT Commercial Mortgage Trust Series 2022-MINI, Class E<br>6.45% (1 mo. USD Term SOFR + 2.700%)<sup>(1),(4)</sup> | 01/15/39 | 100000 | 99578 |
|  SMRT Commercial Mortgage Trust Series 2022-MINI, Class F<br>7.10% (1 mo. USD Term SOFR + 3.350%)<sup>(1),(4)</sup> | 01/15/39 | 150000 | 147924 |
|  SWCH Commercial Mortgage Trust Series 2025-DATA, Class E<br>7.09% (1 mo. USD Term SOFR + 3.340%)<sup>(1),(4)</sup> | 02/15/42 | 200000 | 199210 |
|  TCO Commercial Mortgage Trust Series 2024-DPM, Class D<br>6.49% (1 mo. USD Term SOFR + 2.741%)<sup>(1),(4)</sup> | 12/15/39 | 130000 | 130464 |
|  Tricon American Homes Series 2020-SFR1, Class D<br>2.55%<sup>(1)</sup> | 07/17/38 | 133000 | 131175 |
|  Tricon American Homes Series 2020-SFR1, Class F<br>4.88%<sup>(1)</sup> | 07/17/38 | 244000 | 242925 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |  |
|  Tricon Residential Trust Series 2021-SFR1, Class F<br>3.69%<sup>(1)</sup> | 07/17/38 | $230000 | $227666 |
|  U.K. Logistics DAC Series 2025-1A, Class E<br>9.36% (1 day GBP SONIA + 5.500%)<sup>(1),(4)</sup> | 05/17/35 | 71788 | 96814 |
|  Wells Fargo Commercial Mortgage Trust Series 2015-NXS2, Class XA (I/O)<br>0.00%<sup>(2),(3)</sup> | 07/15/58 | 172322 | 2 |
|  Wells Fargo Commercial Mortgage Trust Series 2016-NXS6, Class XA (I/O)<br>1.54%<sup>(2)</sup> | 11/15/49 | 3093721 | 7918 |
|  WFRBS Commercial Mortgage Trust Series 2013-C14, Class XA (I/O)<br>0.33%<sup>(2)</sup> | 06/15/46 | 34769 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities**—**Non-agency** (Cost: $7,798,718) |  |  | 7358120 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **0.9%** |  |  |  |
|  Federal Home Loan Mortgage Corp. Multifamily PC REMICS Trust Series 2019-P002, Class X (I/O)<br>1.01%<sup>(2)</sup> | 07/25/33 | 535000 | 27995 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K047, Class X3 (I/O)<br>3.63%<sup>(2)</sup> | 06/25/43 | 105846 | 1 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KC04, Class X1 (I/O)<br>1.25%<sup>(2)</sup> | 12/25/26 | 1362867 | 11468 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KC05, Class X1 (I/O)<br>1.20%<sup>(2)</sup> | 06/25/27 | 1688866 | 14991 |
|  Federal National Mortgage Association-ACES Series 2016-M11, Class X2 (ACES) (I/O)<br>2.99%<sup>(2)</sup> | 07/25/39 | 193156 | 3499 |
|  FREMF Mortgage Trust Series 2017-K66, Class X2A (I/O)<br>0.10%<sup>(1)</sup> | 06/25/27 | 40148121 | 39281 |
|  Government National Mortgage Association Series 2010-148 (I/O)<br>0.30%<sup>(2)</sup> | 09/16/50 | 1259222 | 13231 |
|  Government National Mortgage Association Series 2012-123 (I/O)<br>0.61%<sup>(2)</sup> | 12/16/51 | 1828156 | 29876 |
|  Government National Mortgage Association Series 2012-125 (I/O)<br>0.17%<sup>(2)</sup> | 02/16/53 | 5435196 | 31116 |
|  Government National Mortgage Association Series 2012-27 (I/O)<br>0.20%<sup>(2)</sup> | 04/16/53 | 2471657 | 7626 |
|  Government National Mortgage Association Series 2013-156 (I/O)<br>0.22%<sup>(2)</sup> | 06/16/55 | 3256070 | 11947 |
|  Government National Mortgage Association Series 2013-163 (I/O)<br>1.00%<sup>(2)</sup> | 02/16/46 | 715797 | 8981 |
|  Government National Mortgage Association Series 2013-63 (I/O)<br>0.70%<sup>(2)</sup> | 09/16/51 | 2504793 | 57188 |
|  Government National Mortgage Association Series 2013-74 (I/O)<br>0.48%<sup>(2)</sup> | 12/16/53 | 438957 | 3242 |
|  Government National Mortgage Association Series 2014-103 (I/O)<br>0.19%<sup>(2)</sup> | 05/16/55 | 805567 | 3939 |
|  Government National Mortgage Association Series 2014-125 (I/O)<br>0.87%<sup>(2)</sup> | 11/16/54 | 352273 | 9172 |
|  Government National Mortgage Association Series 2015-47 (I/O)<br>0.36%<sup>(2)</sup> | 10/16/56 | 489817 | 5663 |
|  Government National Mortgage Association Series 2020-184 (I/O)<br>0.91%<sup>(2)</sup> | 11/16/60 | 2170798 | 144636 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities** — **Agency**<br>(Cost: $1,033,090) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities** — **Agency**<br>(Cost: $1,033,090) |  | 423852 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **29.3%** |  |  |  |
|  ACE Securities Corp. Home Equity Loan Trust Series 2007-ASP1, Class A2D<br>4.61% (1 mo. USD Term SOFR + 0.874%)<sup>(4)</sup> | 03/25/37 | 341173 | 140067 |
|  ACE Securities Corp. Home Equity Loan Trust Series 2007-HE1, Class A1<br>4.15% (1 mo. USD Term SOFR + 0.414%)<sup>(4)</sup> | 01/25/37 | 523832 | 288003 |
|  Ajax Mortgage Loan Trust Series 2021-C, Class A<br>6.12%<sup>(1)</sup> | 01/25/61 | 164552 | 164670 |
|  American Home Mortgage Assets Trust Series 2007-1, Class A1<br>4.73% (1 yr. MTA + 0.700%)<sup>(4)</sup> | 02/25/47 | 694282 | 238154 |
|  Angel Oak Mortgage Trust Series 2024-11, Class M1A<br>6.58%<sup>(1),(2)</sup> | 08/25/69 | 200000 | 203655 |
|  Banc of America Funding Corp. Series 2015-R3, Class 1A2<br>2.63%<sup>(1),(2)</sup> | 03/27/36 | 324228 | 278696 |
|  Banc of America Funding Trust Series 2006-7, Class T2A<br>5.69%<sup>(2)</sup> | 10/25/36 | 181018 | 164697 |
|  Banc of America Funding Trust Series 2014-R5, Class 1A2<br>3.85% (6 mo. USD Term SOFR + 1.928%)<sup>(1),(4)</sup> | 09/26/45 | 205594 | 146591 |
|  C-BASS Mortgage Loan Trust Series 2007-CB2, Class A2C<br>3.48% | 02/25/37 | 193673 | 111934 |
|  Carrington Mortgage Loan Trust Series 2006-NC4, Class A4<br>4.09% (1 mo. USD Term SOFR + 0.354%)<sup>(4)</sup> | 10/25/36 | 175000 | 154611 |
|  Carrington Mortgage Loan Trust Series 2007-RFC1, Class A3<br>3.99% (1 mo. USD Term SOFR + 0.254%)<sup>(4)</sup> | 12/25/36 | 58651 | 57932 |
|  CIM Trust Series 2020-R6, Class A1<br>2.25%<sup>(1),(2)</sup> | 12/25/60 | 240632 | 219215 |
|  CIM Trust Series 2021-R1, Class A2<br>2.40%<sup>(1),(2)</sup> | 08/25/56 | 234822 | 216796 |
|  CIM Trust Series 2021-R3, Class A1A<br>1.95%<sup>(1),(2)</sup> | 06/25/57 | 124060 | 116131 |
|  CIM Trust Series 2021-R5, Class A1B<br>2.00%<sup>(1),(2)</sup> | 08/25/61 | 115000 | 79300 |
|  CIM Trust Series 2023-R3, Class A1A<br>4.50%<sup>(1),(2)</sup> | 01/25/63 | 188090 | 182150 |
|  CIM Trust Series 2025-R1, Class A1<br>5.00%<sup>(1)</sup> | 02/25/99 | 184718 | 184269 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2005-WF2, Class AF6A<br>6.13% | 08/25/35 | 254400 | 237063 |
|  COLT Mortgage Loan Trust Series 2021-2, Class A1<br>0.92%<sup>(1),(2)</sup> | 08/25/66 | 77398 | 65875 |
|  Conseco Finance Corp. Series 1999-5, Class A5<br>7.86%<sup>(2)</sup> | 03/01/30 | 68096 | 17902 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |  |
|  Countrywide Alternative Loan Trust Series 2005-10CB, Class 1A8<br>5.50% | 05/25/35 | $256943 | $208925 |
|  Countrywide Alternative Loan Trust Series 2005-59, Class 1A1<br>4.51% (1 mo. USD Term SOFR + 0.774%)<sup>(4)</sup> | 11/20/35 | 259538 | 254679 |
|  Countrywide Alternative Loan Trust Series 2007-15CB, Class A7<br>6.00% | 07/25/37 | 432573 | 249980 |
|  Credit Suisse First Boston Mortgage Securities Corp. Series 98-1, Class A4<br>6.49% | 09/25/28 | 7910 | 7901 |
|  Credit Suisse First Boston Mortgage Securities Corp. Series 98-1, Class A5<br>6.96%<sup>(2)</sup> | 09/25/28 | 19066 | 19082 |
|  CSMC Mortgage-Backed Trust Series 2007-5, Class 1A9<br>7.00%<sup>(2)</sup> | 08/25/37 | 425780 | 232935 |
|  CSMC Trust Series 2015-12R, Class 2A2<br>3.30%<sup>(1),(2)</sup> | 11/30/37 | 69820 | 64521 |
|  CSMC Trust Series 2021-RPL4, Class A1<br>4.15%<sup>(1),(2)</sup> | 12/27/60 | 164953 | 164440 |
|  CSMC Trust Series 2021-RPL7, Class A1<br>4.21%<sup>(1),(2)</sup> | 07/27/61 | 260267 | 259390 |
|  Deutsche Alt-A Securities, Inc. Mortgage Loan Trust Series 2007-AR3, Class 2A5<br>4.25% (1 mo. USD Term SOFR + 0.514%)<sup>(4)</sup> | 06/25/37 | 233293 | 209446 |
|  EFMT Series 2025-NQM1, Class B1B<br>7.44%<sup>(1),(2)</sup> | 01/25/70 | 190000 | 191287 |
|  Ellington Financial Mortgage Trust Series 2021-3, Class A1<br>1.24%<sup>(1),(2)</sup> | 09/25/66 | 66258 | 56065 |
|  Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2021-HQA3, Class B2<br>10.12% (30 day USD SOFR Average + 6.250%)<sup>(1),(4)</sup> | 09/25/41 | 200000 | 206108 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2019-R04, Class 2B1<br>9.24% (30 day USD SOFR Average + 5.364%)<sup>(1),(4)</sup> | 06/25/39 | 138063 | 140535 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2019-R06, Class 2B1<br>7.74% (30 day USD SOFR Average + 3.864%)<sup>(1),(4)</sup> | 09/25/39 | 53343 | 54239 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2021-R01, Class 1B2<br>9.87% (30 day USD SOFR Average + 6.000%)<sup>(1),(4)</sup> | 10/25/41 | 195000 | 201436 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2021-R03, Class 1B2<br>9.37% (30 day USD SOFR Average + 5.500%)<sup>(1),(4)</sup> | 12/25/41 | 185000 | 191395 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2022-R01, Class 1B2<br>9.87% (30 day USD SOFR Average + 6.000%)<sup>(1),(4)</sup> | 12/25/41 | 200000 | 207395 |
|  First Franklin Mortgage Loan Trust Series 2006-FF18, Class A2B<br>4.07% (1 mo. USD Term SOFR + 0.334%)<sup>(4)</sup> | 12/25/37 | 229341 | 213516 |
|  First Franklin Mortgage Loan Trust Series 2007-FF2, Class A2B<br>4.05% (1 mo. USD Term SOFR + 0.314%)<sup>(4)</sup> | 03/25/37 | 480283 | 229788 |
|  Fremont Home Loan Trust Series 2005-A, Class M4<br>4.87% (1 mo. USD Term SOFR + 1.134%)<sup>(4)</sup> | 01/25/35 | 286455 | 266254 |
|  GMACM Mortgage Loan Trust Series 2006-AR1, Class 1A1<br>3.76%<sup>(2)</sup> | 04/19/36 | 153455 | 127452 |
|  GreenPoint MTA Trust Series 2005-AR1, Class A2<br>4.29% (1 mo. USD Term SOFR + 0.554%)<sup>(4)</sup> | 06/25/45 | 50582 | 45686 |
|  GSAA Home Equity Trust Series 2006-1, Class A3<br>4.51% (1 mo. USD Term SOFR + 0.774%)<sup>(4)</sup> | 01/25/36 | 616658 | 252430 |
|  GSAA Home Equity Trust Series 2006-10, Class AF3<br>5.98%<sup>(2)</sup> | 06/25/36 | 549933 | 120796 |
|  GSAA Home Equity Trust Series 2006-6, Class AF3<br>5.73%<sup>(2)</sup> | 03/25/36 | 492721 | 133115 |
|  GSAA Trust Series 2006-7, Class AF3<br>6.72% | 03/25/46 | 630688 | 219021 |
|  GSAMP Trust Series 2007-NC1, Class A2C<br>4.15% (1 mo. USD Term SOFR + 0.414%)<sup>(4)</sup> | 12/25/46 | 227114 | 113541 |
|  HarborView Mortgage Loan Trust Series 2005-3, Class 1A<br>4.37% (1 mo. USD Term SOFR + 0.634%)<sup>(4)</sup> | 06/19/35 | 270852 | 137753 |
|  HarborView Mortgage Loan Trust Series 2006-4, Class 1A1A<br>4.21% (1 mo. USD Term SOFR + 0.474%)<sup>(4)</sup> | 05/19/46 | 571508 | 287455 |
|  HarborView Mortgage Loan Trust Series 2006-5, Class 1A1<br>4.94% (1 yr. MTA + 0.910%)<sup>(4)</sup> | 07/19/47 | 305609 | 94595 |
|  HSI Asset Loan Obligation Trust Series 2007-2, Class 2A12<br>6.00% | 09/25/37 | 180101 | 126476 |
|  HSI Asset Securitization Corp. Trust Series 2007-OPT1, Class 1A<br>3.99% (1 mo. USD Term SOFR + 0.254%)<sup>(4)</sup> | 12/25/36 | 174345 | 152878 |
|  Impac CMB Trust Series 2004-4, Class 1A2<br>4.47% (1 mo. USD Term SOFR + 0.734%)<sup>(4)</sup> | 09/25/34 | 2716 | 2717 |
|  Impac CMB Trust Series 2004-6, Class 1A2<br>4.63% (1 mo. USD Term SOFR + 0.894%)<sup>(4)</sup> | 10/25/34 | 17237 | 17260 |
|  IndyMac INDX Mortgage Loan Trust Series 2005-AR25, Class 2A1<br>3.77%<sup>(2)</sup> | 12/25/35 | 178908 | 152109 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |  |
|  IndyMac INDX Mortgage Loan Trust Series 2007-AR5, Class 2A1<br>3.33%<sup>(2)</sup> | 05/25/37 | $165728 | $133522 |
|  IndyMac Manufactured Housing Contract Pass-Through Certificates Series 1997-1, Class A3<br>6.61% | 02/25/28 | 21906 | 21982 |
|  IndyMac Manufactured Housing Contract Pass-Through Certificates Series 1997-1, Class A4<br>6.75% | 02/25/28 | 9222 | 9256 |
|  Knock Issuer Trust Series 2025-1, Class A1<br>7.12%<sup>(1)</sup> | 02/25/30 | 150000 | 151924 |
|  Long Beach Mortgage Loan Trust Series 2006-9, Class 2A3<br>4.17% (1 mo. USD Term SOFR + 0.434%)<sup>(4)</sup> | 10/25/36 | 374131 | 116575 |
|  Luminent Mortgage Trust Series 2006-5, Class A1A<br>4.23% (1 mo. USD Term SOFR + 0.494%)<sup>(4)</sup> | 07/25/36 | 230645 | 140015 |
|  MASTR Adjustable Rate Mortgages Trust Series 2007-1, Class I1A<br>4.24% (1 mo. USD Term SOFR + 0.504%)<sup>(4)</sup> | 01/25/47 | 410229 | 162057 |
|  MASTR Adjustable Rate Mortgages Trust Series 2007-2, Class A1<br>4.15% (1 mo. USD Term SOFR + 0.414%)<sup>(4)</sup> | 03/25/47 | 175549 | 162765 |
|  MASTR Alternative Loan Trust Series 2006-2, Class 2A1<br>4.25% (1 mo. USD Term SOFR + 0.514%)<sup>(4)</sup> | 03/25/36 | 2380699 | 202793 |
|  MASTR Asset-Backed Securities Trust Series 2007-HE1, Class A3<br>4.27% (1 mo. USD Term SOFR + 0.534%)<sup>(4)</sup> | 05/25/37 | 77726 | 75840 |
|  MASTR Asset-Backed Securities Trust Series 2007-HE1, Class A4<br>4.41% (1 mo. USD Term SOFR + 0.674%)<sup>(4)</sup> | 05/25/37 | 300000 | 260265 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-2, Class A2B<br>4.19% (1 mo. USD Term SOFR + 0.454%)<sup>(4)</sup> | 05/25/37 | 180228 | 131899 |
|  Merrill Lynch Mortgage Investors Trust Series 2006-RM2, Class A1A<br>4.22% (1 mo. USD Term SOFR + 0.484%)<sup>(4)</sup> | 05/25/37 | 412701 | 116123 |
|  Mid-State Capital Corp. Trust Series 2005-1, Class A<br>5.75% | 01/15/40 | 13205 | 13207 |
|  Mid-State Trust XI Series 11, Class B<br>8.22% | 07/15/38 | 1051 | 1061 |
|  Morgan Stanley ABS Capital I, Inc. Trust Series 2006-HE4, Class A3<br>4.15% (1 mo. USD Term SOFR + 0.414%)<sup>(4)</sup> | 06/25/36 | 548038 | 274523 |
|  Morgan Stanley Home Equity Loan Trust Series 2007-1, Class A3<br>3.99% (1 mo. USD Term SOFR + 0.254%)<sup>(4)</sup> | 12/25/36 | 547647 | 263129 |
|  Morgan Stanley Mortgage Loan Trust Series 2004-7AR, Class 2A4<br>5.09%<sup>(2)</sup> | 09/25/34 | 46767 | 45824 |
|  Morgan Stanley Mortgage Loan Trust Series 2006-15XS, Class A4A<br>6.70% | 11/25/36 | 409731 | 86931 |
|  Morgan Stanley Mortgage Loan Trust Series 2007-11AR, Class 2A3<br>2.84%<sup>(2)</sup> | 06/25/37 | 280714 | 159456 |
|  New Residential Mortgage Loan Trust Series 2022-NQM2, Class A2<br>3.70%<sup>(1),(2)</sup> | 03/27/62 | 250000 | 204134 |
|  Nomura Resecuritization Trust Series 2015-4R, Class 2A2<br>5.33% (1 mo. USD Term SOFR + 0.420%)<sup>(1),(4)</sup> | 10/26/36 | 257504 | 232139 |
|  Option One Mortgage Loan Trust Series 2006-3, Class 1A1<br>4.13% (1 mo. USD Term SOFR + 0.394%)<sup>(4)</sup> | 02/25/37 | 160523 | 106349 |
|  PRET LLC Series 2025-NPL6, Class A1<br>5.74%<sup>(1)</sup> | 06/25/55 | 175626 | 176439 |
|  PRPM LLC Series 2024-RPL1, Class B1<br>4.22%<sup>(1),(2)</sup> | 12/25/64 | 280000 | 262501 |
|  RALI Trust Series 2005-QA3, Class NB1<br>3.67%<sup>(2)</sup> | 03/25/35 | 101786 | 56536 |
|  RALI Trust Series 2006-QS5, Class A6<br>6.00% | 05/25/36 | 208737 | 187128 |
|  RALI Trust Series 2007-QS1, Class 1A5<br>4.40% (1 mo. USD Term SOFR + 0.664%)<sup>(4)</sup> | 01/25/37 | 253614 | 189290 |
|  Residential Asset Securities Corporation Trust Series 2005-KS11, Class M3<br>4.51% (1 mo. USD Term SOFR + 0.774%)<sup>(4)</sup> | 12/25/35 | 133943 | 132883 |
|  SG Mortgage Securities Trust Series 2006-OPT2, Class A3D<br>4.27% (1 mo. USD Term SOFR + 0.534%)<sup>(4)</sup> | 10/25/36 | 250000 | 200364 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-12, Class 2A<br>4.83%<sup>(2)</sup> | 09/25/34 | 39424 | 38495 |
|  Structured Asset Mortgage Investments II Trust Series 2005-AR8, Class A1B<br>4.02% (1 mo. USD Term SOFR + 0.284%)<sup>(4)</sup> | 02/25/36 | 253302 | 215940 |
|  Structured Asset Mortgage Investments II Trust Series 2006-AR7, Class A1A<br>4.27% (1 mo. USD Term SOFR + 0.534%)<sup>(4)</sup> | 08/25/36 | 313881 | 264336 |
|  Terwin Mortgage Trust Series 2004-7HE, Class A1<br>4.95% (1 mo. USD Term SOFR + 1.214%)<sup>(1),(4)</sup> | 07/25/34 | 42370 | 41546 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |  |
|  Towd Point Mortgage Trust Series 2019-HY2, Class M2<br>5.75% (1 mo. USD Term SOFR + 2.014%)<sup>(1),(4)</sup> | 05/25/58 | $210000 | $210996 |
|  TRK Trust Series 2021-INV2, Class A1<br>1.97%<sup>(1),(2)</sup> | 11/25/56 | 175527 | 160196 |
|  WaMu Asset-Backed Certificates WaMu Trust Series 2007-HE1, Class 2A4<br>4.31% (1 mo. USD Term SOFR + 0.574%)<sup>(4)</sup> | 01/25/37 | 482765 | 220440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities**—**Non-agency** (Cost: $16,516,725) |  |  | 14309171 |
|  **CORPORATE BONDS** — **23.1%** |  |  |  |
|  **Aerospace/Defense** — **0.2%** |  |  |  |
|  TransDigm, Inc.<br>6.00%<sup>(1)</sup> | 01/15/33 | 100000 | 102447 |
|  **Agriculture** — **0.5%** |  |  |  |
|  Altria Group, Inc.<br>4.88% | 02/04/28 | 55000 | 55939 |
|  BAT Capital Corp. (United Kingdom)<br>2.73% | 03/25/31 | 25000 | 23049 |
|  Imperial Brands Finance PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(1)</sup> | 06/30/28 | 90000 | 90756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%<sup>(1)</sup> | 07/27/27 | 70000 | 72037 |
|  |  |  | 241781 |
|  **Airlines** — **0.4%** |  |  |  |
|  American Airlines, Inc./AAdvantage Loyalty IP Ltd.<br>5.75%<sup>(1)</sup> | 04/20/29 | 40000 | 40755 |
|  JetBlue Pass-Through Trust Series 2020-1, Class A<br>4.00% | 05/15/34 | 67282 | 63817 |
|  United Airlines Pass-Through Trust Series 2023-1, Class A<br>5.80% | 07/15/37 | 83967 | 87718 |
|  |  |  | 192290 |
|  **Auto Manufacturers** — **0.3%** |  |  |  |
|  Volkswagen Financial Services AG (Germany)<br>3.88%<sup>(8)</sup> | 11/19/31 | 100000 | 118585 |
|  Volkswagen Group of America Finance LLC (Germany)<br>5.80%<sup>(1)</sup> | 03/27/35 | 10000 | 10369 |
|  |  |  | 128954 |
|  **Banks** — **2.3%** |  |  |  |
|  Bank of America Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.42% (3 mo. USD Term SOFR + 1.302%)<sup>(4)</sup> | 12/20/28 | 35000 | 34598 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.82% (3 mo. USD Term SOFR + 1.837%)<sup>(4)</sup> | 01/20/28 | 110000 | 109749 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38% (5 yr. CMT + 2.760%)<sup>(4),(9)</sup> | 01/27/27 | 15000 | 14870 |
|  Citigroup, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.52% (1 day USD SOFR + 1.177%)<sup>(4)</sup> | 11/03/32 | 140000 | 125544 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63% (5 yr. CMT + 3.001%)<sup>(4),(9)</sup> | 02/15/31 | 95000 | 96380 |
|  Goldman Sachs Group, Inc.<br>1.54% (1 day USD SOFR + 0.818%)<sup>(4)</sup> | 09/10/27 | 235000 | 230951 |
|  HSBC Holdings PLC (United Kingdom)<br>2.36% (1 day USD SOFR + 1.947%)<sup>(4)</sup> | 08/18/31 | 15000 | 13651 |
|  JPMorgan Chase & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.58% (1 day USD SOFR + 0.885%)<sup>(4)</sup> | 04/22/27 | 55000 | 54573 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.07% (1 day USD SOFR + 1.015%)<sup>(4)</sup> | 06/01/29 | 205000 | 195787 |
|  Morgan Stanley |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.93% (1 day USD SOFR + 1.020%)<sup>(4)</sup> | 04/28/32 | 35000 | 30730 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.24% (1 day USD SOFR + 1.178%)<sup>(4)</sup> | 07/21/32 | 90000 | 79969 |
|  Morgan Stanley Private Bank NA<br>4.47% (1 day USD SOFR + 0.770%)<sup>(4)</sup> | 07/06/28 | 5000 | 5036 |
|  PNC Financial Services Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40% (5 yr. CMT + 2.595%)<sup>(4),(9)</sup> | 09/15/26 | 15000 | 14708 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88% (1 day USD SOFR + 2.284%)<sup>(4)</sup> | 10/20/34 | 15000 | 16991 |
|  U.S. Bancorp<br>5.08% (1 day USD SOFR + 1.296%)<sup>(4)</sup> | 05/15/31 | 50000 | 51574 |
|  Wells Fargo & Co.<br>2.39% (1 day USD SOFR + 2.100%)<sup>(4)</sup> | 06/02/28 | 45000 | 43985 |
|  |  |  | 1119096 |
|  **Beverages** — **0.2%** |  |  |  |
|  Becle SAB de CV (Mexico)<br>2.50%<sup>(1)</sup> | 10/14/31 | 105000 | 91307 |
|  **Chemicals** — **0.3%** |  |  |  |
|  International Flavors & Fragrances, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.83%<sup>(1)</sup> | 10/15/27 | 110000 | 105573 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%<sup>(1)</sup> | 11/01/30 | 66000 | 59561 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.27%<sup>(1)</sup> | 11/15/40 | 5000 | 3847 |
|  |  |  | 168981 |
|  **Commercial Services** — **1.1%** |  |  |  |
|  Adtalem Global Education, Inc.<br>5.50%<sup>(1)</sup> | 03/01/28 | 76000 | 76059 |
|  Global Payments, Inc.<br>4.50% | 11/15/28 | 75000 | 75178 |
|  Grand Canyon University<br>5.13% | 10/01/28 | 35000 | 34902 |
|  RAC Bond Co. PLC (United Kingdom)<br>8.25%<sup>(8)</sup> | 05/06/46 | 100000 | 145809 |
|  Rollins, Inc.<br>5.25% | 02/24/35 | 100000 | 102308 |
|  Upbound Group, Inc.<br>6.38%<sup>(1)</sup> | 02/15/29 | 70000 | 69100 |
|  VT Topco, Inc.<br>8.50%<sup>(1)</sup> | 08/15/30 | 35000 | 36562 |
|  |  |  | 539918 |
|  **Computers** — **0.5%** |  |  |  |
|  Dell International LLC/EMC Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50% | 02/15/31 | 25000 | 24989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75% | 04/01/28 | 100000 | 101469 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 04/01/30 | 60000 | 61485 |
|  NCR Voyix Corp.<br>5.13%<sup>(1)</sup> | 04/15/29 | 33000 | 32804 |
|  |  |  | 220747 |
|  **Cosmetics/Personal Care** — **0.1%** |  |  |  |
|  Edgewell Personal Care Co.<br>5.50%<sup>(1)</sup> | 06/01/28 | 32000 | 32043 |
|  Opal Bidco SAS (France)<br>6.50%<sup>(1)</sup> | 03/31/32 | 35000 | 35879 |
|  |  |  | 67922 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **Diversified Financial Services** — **0.5%** |  |  |  |
|  AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland)<br>5.75% | 06/06/28 | $35000 | $36267 |
|  American Express Co.<br>3.55% (5 yr. CMT + 2.854%)<sup>(4),(9)</sup> | 09/15/26 | 15000 | 14805 |
|  Avolon Holdings Funding Ltd. (Ireland) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.53%<sup>(1)</sup> | 11/18/27 | 82000 | 79584 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%<sup>(1)</sup> | 02/15/27 | 15000 | 14844 |
|  GGAM Finance Ltd. (Ireland)<br>8.00%<sup>(1)</sup> | 06/15/28 | 25000 | 26506 |
|  Jane Street Group/JSG Finance, Inc.<br>6.13%<sup>(1)</sup> | 11/01/32 | 50000 | 50925 |
|  |  |  | 222931 |
|  **Electric** — **1.8%** |  |  |  |
|  Alliant Energy Corp.<br>5.75% (5 yr. CMT + 2.077%)<sup>(4)</sup> | 04/01/56 | 130000 | 129853 |
|  Alliant Energy Finance LLC<br>3.60%<sup>(1)</sup> | 03/01/32 | 55000 | 51231 |
|  American Electric Power Co., Inc.<br>5.80% (5 yr. CMT + 2.128%)<sup>(4)</sup> | 03/15/56 | 180000 | 178774 |
|  CenterPoint Energy, Inc.<br>5.95% (5 yr. CMT + 2.223%)<sup>(4)</sup> | 04/01/56 | 50000 | 50408 |
|  Dominion Energy, Inc.<br>6.00% (5 yr. CMT + 2.262%)<sup>(4)</sup> | 02/15/56 | 90000 | 90674 |
|  Electricite de France SA<br>4.75%<sup>(8)</sup> | 06/17/44 | 100000 | 116918 |
|  Entergy Corp.<br>5.88% (5 yr. CMT + 2.179%)<sup>(4)</sup> | 06/15/56 | 75000 | 75060 |
|  Entergy Texas, Inc.<br>3.45% | 12/01/27 | 150000 | 148353 |
|  FirstEnergy Transmission LLC<br>2.87%<sup>(1)</sup> | 09/15/28 | 39000 | 37735 |
|  |  |  | 879006 |
|  **Electrical Components & Equipment** — **0.1%** |  |  |  |
|  Energizer Holdings, Inc.<br>6.00%<sup>(1)</sup> | 09/15/33 | 35000 | 33629 |
|  **Entertainment** — **0.5%** |  |  |  |
|  Caesars Entertainment, Inc.<br>6.50%<sup>(1)</sup> | 02/15/32 | 35000 | 35885 |
|  Great Canadian Gaming Corp./Raptor LLC (Canada)<br>8.75%<sup>(1)</sup> | 11/15/29 | 17000 | 17201 |
|  Ontario Gaming GTA LP/OTG Co-Issuer, Inc. (Canada)<br>8.00%<sup>(1)</sup> | 08/01/30 | 25000 | 23814 |
|  Penn Entertainment, Inc.<br>4.13%<sup>(1)</sup> | 07/01/29 | 79000 | 73304 |
|  Rivers Enterprise Lender LLC/Rivers Enterprise Lender Corp.<br>6.25%<sup>(1)</sup> | 10/15/30 | 30000 | 30612 |
|  Voyager Parent LLC<br>9.25%<sup>(1)</sup> | 07/01/32 | 51000 | 54168 |
|  WarnerMedia Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05% | 03/15/42 | 3000 | 2123 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.14% | 03/15/52 | 17000 | 11258 |
|  |  |  | 248365 |
|  **Food** — **0.6%** |  |  |  |
|  JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% | 12/01/31 | 52000 | 49359 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75% | 03/15/34 | 47000 | 51894 |
|  Pilgrim's Pride Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 03/01/32 | 36000 | 33269 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25% | 04/15/31 | 25000 | 24351 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25% | 07/01/33 | 32000 | 34198 |
|  Post Holdings, Inc.<br>4.63%<sup>(1)</sup> | 04/15/30 | 65000 | 63323 |
|  Smithfield Foods, Inc.<br>2.63%<sup>(1)</sup> | 09/13/31 | 45000 | 39932 |
|  |  |  | 296326 |
|  **Gas** — **0.7%** |  |  |  |
|  AmeriGas Partners LP/AmeriGas Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.38%<sup>(1)</sup> | 06/01/28 | 73000 | 75642 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%<sup>(1)</sup> | 06/01/30 | 15000 | 15989 |
|  NiSource, Inc.<br>5.75% (5 yr. CMT + 2.035%)<sup>(4)</sup> | 07/15/56 | 90000 | 90737 |
|  Northwest Natural Holding Co.<br>7.00% (5 yr. CMT + 2.701%)<sup>(4)</sup> | 09/15/55 | 130000 | 135326 |
|  |  |  | 317694 |
|  **Health Care-Services** — **1.4%** |  |  |  |
|  Centene Corp.<br>3.00% | 10/15/30 | 129000 | 115517 |
|  Cigna Group |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50% | 09/15/30 | 130000 | 130971 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25% | 01/15/36 | 15000 | 15276 |
|  CommonSpirit Health<br>2.78% | 10/01/30 | 40000 | 37264 |
|  Elevance Health, Inc.<br>5.00% | 01/15/36 | 110000 | 109469 |
|  Fresenius Medical Care U.S. Finance III, Inc. (Germany)<br>1.88%<sup>(1)</sup> | 12/01/26 | 30000 | 29332 |
|  HAH Group Holding Co. LLC<br>9.75%<sup>(1)</sup> | 10/01/31 | 10000 | 9376 |
|  HCA, Inc.<br>5.63% | 09/01/28 | 14000 | 14433 |
|  Humana, Inc.<br>5.55% | 05/01/35 | 50000 | 51094 |
|  Kedrion SpA (Italy)<br>6.50%<sup>(1)</sup> | 09/01/29 | 70000 | 69013 |
|  ModivCare, Inc.<br>5.00%<sup>(1),(3),(10),(11),(12)</sup> | 10/01/29 | 161700 | 2426 |
|  Option Care Health, Inc.<br>4.38%<sup>(1)</sup> | 10/31/29 | 72000 | 70374 |
|  Universal Health Services, Inc.<br>1.65% | 09/01/26 | 15000 | 14763 |
|  |  |  | 669308 |
|  **Household Products/Wares** — **0.2%** |  |  |  |
|  Spectrum Brands, Inc.<br>3.88%<sup>(1)</sup> | 03/15/31 | 118000 | 96522 |
|  **Housewares** — **0.1%** |  |  |  |
|  Central Garden & Pet Co.<br>4.13% | 10/15/30 | 40000 | 38412 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **Insurance** — **0.5%** |  |  |  |
|  Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer<br>6.75%<sup>(1)</sup> | 10/15/27 | $66000 | $66197 |
|  Asurion LLC & Asurion Co-Issuer, Inc.<br>8.00%<sup>(1)</sup> | 12/31/32 | 40000 | 41540 |
|  Athene Global Funding<br>3.21%<sup>(1)</sup> | 03/08/27 | 25000 | 24619 |
|  Farmers Exchange Capital II<br>6.15% (3 mo. USD Term SOFR + 4.006%)<sup>(1),(4)</sup> | 11/01/53 | 50000 | 49298 |
|  Farmers Insurance Exchange |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75% (3 mo. USD LIBOR + 3.231%)<sup>(1),(4)</sup> | 11/01/57 | 25000 | 21264 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00% (10 yr. CMT + 3.864%)<sup>(1),(4)</sup> | 10/15/64 | 30000 | 30789 |
|  |  |  | 233707 |
|  **Internet** — **0.7%** |  |  |  |
|  Getty Images, Inc.<br>10.50%<sup>(1)</sup> | 11/15/30 | 30000 | 30289 |
|  Meta Platforms, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60% | 11/15/32 | 140000 | 141208 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88% | 11/15/35 | 50000 | 49988 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63% | 11/15/55 | 45000 | 43285 |
|  Snap, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%<sup>(1)</sup> | 03/01/33 | 25000 | 25945 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%<sup>(1)</sup> | 03/15/34 | 60000 | 61847 |
|  |  |  | 352562 |
|  **Investment Companies** — **0.2%** |  |  |  |
|  Icahn Enterprises LP/Icahn Enterprises Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% | 06/15/30 | 57000 | 54574 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.00%<sup>(1)</sup> | 11/15/29 | 19000 | 19002 |
|  |  |  | 73576 |
|  **Leisure Time** — **0.0%** |  |  |  |
|  Sabre GLBL, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.75%<sup>(1)</sup> | 11/15/29 | 5000 | 4254 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.75%<sup>(1)</sup> | 03/15/30 | 5000 | 4111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Leisure Time** (Cost: $9,369) |  |  | 8365 |
|  **Lodging** — **0.4%** |  |  |  |
|  Hyatt Hotels Corp.<br>5.05% | 03/30/28 | 80000 | 81507 |
|  Las Vegas Sands Corp.<br>5.63% | 06/15/28 | 130000 | 133387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Lodging** (Cost: $209,864) |  |  | 214894 |
|  **Media** — **1.0%** |  |  |  |
|  AMC Networks, Inc.<br>10.25%<sup>(1)</sup> | 01/15/29 | 30000 | 31501 |
|  CCO Holdings LLC/CCO Holdings Capital Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%<sup>(1)</sup> | 02/01/31 | 50000 | 45996 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50% | 05/01/32 | 15000 | 13486 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(1)</sup> | 02/01/28 | 15000 | 14887 |
|  Charter Communications Operating LLC/Charter Communications Operating Capital |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70% | 04/01/51 | 54000 | 34106 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.65% | 02/01/34 | 50000 | 52780 |
|  CSC Holdings LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(1)</sup> | 01/15/30 | 15000 | 5542 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 02/01/29 | 92000 | 61081 |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.75%<sup>(1)</sup> | 01/31/29 | 34000 | 25369 |
|  DISH Network Corp.<br>11.75%<sup>(1)</sup> | 11/15/27 | 39000 | 40610 |
|  Scripps Escrow II, Inc.<br>3.88%<sup>(1)</sup> | 01/15/29 | 17000 | 15643 |
|  Sinclair Television Group, Inc.<br>8.13%<sup>(1)</sup> | 02/15/33 | 40000 | 41853 |
|  Time Warner Cable LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 09/01/41 | 44000 | 38668 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 11/15/40 | 10000 | 9271 |
|  VZ Secured Financing BV (Netherlands)<br>5.00%<sup>(1)</sup> | 01/15/32 | 50000 | 45313 |
|  |  |  | 476106 |
|  **Miscellaneous Manufacturers** — **0.1%** |  |  |  |
|  Dyno Nobel Ltd. (Australia)<br>5.40% | 11/08/32 | 50000 | 32640 |
|  **Office/Business Equipment** — **0.1%** |  |  |  |
|  Xerox Corp.<br>10.25%<sup>(1)</sup> | 10/15/30 | 65000 | 62588 |
|  **Oil & Gas** — **0.3%** |  |  |  |
|  Sunoco LP<br>7.88% (5 yr. CMT + 4.230%)<sup>(1),(4),(9)</sup> | 09/18/30 | 95000 | 97528 |
|  Transocean International Ltd.<br>8.75%<sup>(1)</sup> | 02/15/30 | 18750 | 19597 |
|  Transocean Titan Financing Ltd.<br>8.38%<sup>(1)</sup> | 02/01/28 | 38048 | 38928 |
|  |  |  | 156053 |
|  **Oil & Gas Services** — **0.1%** |  |  |  |
|  Kodiak Gas Services LLC<br>6.50%<sup>(1)</sup> | 10/01/33 | 38000 | 38824 |
|  WBI Operating LLC<br>6.25%<sup>(1)</sup> | 10/15/30 | 24000 | 24189 |
|  |  |  | 63013 |
|  **Packaging & Containers** — **0.6%** |  |  |  |
|  Amcor Flexibles North America, Inc.<br>4.80% | 03/17/28 | 90000 | 91281 |
|  Ardagh Group SA<br>12.00%<sup>(1),(13)</sup> | 12/01/30 | 25000 | 22941 |
|  Berry Global, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65% | 01/15/27 | 5000 | 4876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(1)</sup> | 07/15/26 | 24000 | 24009 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 04/15/28 | 115000 | 118582 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65% | 01/15/34 | 20000 | 20873 |
|  Clearwater Paper Corp.<br>4.75%<sup>(1)</sup> | 08/15/28 | 15000 | 14123 |
|  Sealed Air Corp.<br>6.50%<sup>(1)</sup> | 07/15/32 | 15000 | 15559 |
|  |  |  | 312244 |
|  **Pharmaceuticals** — **0.9%** |  |  |  |
|  1261229 BC Ltd.<br>10.00%<sup>(1)</sup> | 04/15/32 | 55000 | 57314 |
|  Bayer U.S. Finance II LLC (Germany)<br>4.63%<sup>(1)</sup> | 06/25/38 | 156000 | 143063 |
|  CVS Health Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.78% | 03/25/38 | 10000 | 9458 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75% (5 yr. CMT + 2.516%)<sup>(4)</sup> | 12/10/54 | 100000 | 104557 |
|  Grifols SA (Spain)<br>7.50%<sup>(8)</sup> | 05/01/30 | 105000 | 129657 |
|  Teva Pharmaceutical Finance Netherlands IV BV (Israel)<br>5.75% | 12/01/30 | 13000 | 13495 |
|  |  |  | 457544 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **Pipelines** — **0.6%** |  |  |  |
|  Energy Transfer LP<br>5.50% | 06/01/27 | $3000 | $3050 |
|  Global Partners LP/GLP Finance Corp.<br>8.25%<sup>(1)</sup> | 01/15/32 | 50000 | 52722 |
|  ITT Holdings LLC<br>6.50%<sup>(1)</sup> | 08/01/29 | 15000 | 14414 |
|  NGL Energy Operating LLC/NGL Energy Finance Corp.<br>8.38%<sup>(1)</sup> | 02/15/32 | 47000 | 48742 |
|  Venture Global LNG, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% (5 yr. CMT + 5.440%)<sup>(1),(4),(9)</sup> | 09/30/29 | 93000 | 73731 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.88%<sup>(1)</sup> | 02/01/32 | 48000 | 49619 |
|  Venture Global Plaquemines LNG LLC<br>6.75%<sup>(1)</sup> | 01/15/36 | 68000 | 69663 |
|  |  |  | 311941 |
|  **REIT** — **2.4%** |  |  |  |
|  American Assets Trust LP<br>3.38% | 02/01/31 | 30000 | 27371 |
|  American Tower Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90% | 01/15/30 | 65000 | 61753 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70% | 12/15/32 | 65000 | 65135 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90% | 03/15/30 | 65000 | 66407 |
|  Americold Realty Operating Partnership LP<br>5.60% | 05/15/32 | 95000 | 95763 |
|  Crown Castle, Inc.<br>3.80% | 02/15/28 | 160000 | 158797 |
|  Extra Space Storage LP<br>2.40% | 10/15/31 | 50000 | 44445 |
|  GLP Capital LP/GLP Financing II, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% | 01/15/31 | 25000 | 23946 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% | 06/01/28 | 25000 | 25667 |
|  Healthcare Realty Holdings LP<br>3.63% | 01/15/28 | 70000 | 69131 |
|  Host Hotels & Resorts LP (REIT)<br>5.70% | 06/15/32 | 35000 | 36562 |
|  Hudson Pacific Properties LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 01/15/30 | 74000 | 63098 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95% | 11/01/27 | 5000 | 4781 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65% | 04/01/29 | 2000 | 1851 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95% | 02/15/28 | 5000 | 4931 |
|  Invitation Homes Operating Partnership LP<br>2.00% | 08/15/31 | 60000 | 52483 |
|  Iron Mountain, Inc.<br>6.25%<sup>(1)</sup> | 01/15/33 | 45000 | 45428 |
|  Lineage OP LP<br>5.25%<sup>(1)</sup> | 07/15/30 | 60000 | 60591 |
|  LXP Industrial Trust |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38% | 10/01/31 | 55000 | 48085 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70% | 09/15/30 | 35000 | 32110 |
|  Realty Income Corp. (REIT)<br>4.88% | 07/06/30 | EUR 100,000 | 125056 |
|  Rexford Industrial Realty LP<br>2.15% | 09/01/31 | 5000 | 4385 |
|  RHP Hotel Properties LP/RHP Finance Corp. (REIT)<br>6.50%<sup>(1)</sup> | 04/01/32 | 35000 | 36329 |
|  VICI Properties LP/VICI Note Co., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%<sup>(1)</sup> | 08/15/30 | 12000 | 11655 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(1)</sup> | 01/15/28 | 9000 | 9019 |
|  |  |  | 1174779 |
|  **Retail** — **0.7%** |  |  |  |
|  BCPE Flavor Debt Merger Sub LLC & BCPE Flavor Issuer, Inc.<br>9.50%<sup>(1)</sup> | 07/01/32 | 50000 | 47949 |
|  Ferrellgas LP/Ferrellgas Finance Corp.<br>9.25%<sup>(1)</sup> | 01/15/31 | 75000 | 77362 |
|  FirstCash, Inc.<br>6.88%<sup>(1)</sup> | 03/01/32 | 40000 | 41698 |
|  Michaels Cos., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(1)</sup> | 05/01/28 | 77000 | 74086 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%<sup>(1)</sup> | 05/01/29 | 18000 | 16625 |
|  Papa John's International, Inc.<br>3.88%<sup>(1)</sup> | 09/15/29 | 35000 | 33440 |
|  Staples, Inc.<br>10.75%<sup>(1)</sup> | 09/01/29 | 15000 | 14930 |
|  Suburban Propane Partners LP/Suburban Energy Finance Corp.<br>6.50%<sup>(1)</sup> | 12/15/35 | 50000 | 50037 |
|  |  |  | 356127 |
|  **Semiconductors** — **0.1%** |  |  |  |
|  Foundry JV Holdco LLC<br>5.50%<sup>(1)</sup> | 01/25/31 | 20000 | 20664 |
|  Intel Corp.<br>2.00% | 08/12/31 | 55000 | 48259 |
|  |  |  | 68923 |
|  **Software** — **0.7%** |  |  |  |
|  Cloud Software Group, Inc.<br>9.00%<sup>(1)</sup> | 09/30/29 | 25000 | 26051 |
|  Fiserv, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55% | 02/15/31 | 15000 | 14884 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25% | 08/11/35 | 65000 | 64940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45% | 03/15/34 | 35000 | 35532 |
|  Open Text Corp. (Canada)<br>6.90%<sup>(1)</sup> | 12/01/27 | 178000 | 185337 |
|  |  |  | 326744 |
|  **Telecommunications** — **1.7%** |  |  |  |
|  Altice Financing SA (Luxembourg)<br>9.63%<sup>(1)</sup> | 07/15/27 | 97000 | 74818 |
|  Altice France SA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 04/15/32 | 16795 | 16133 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%<sup>(1)</sup> | 11/01/29 | 12526 | 12894 |
|  EchoStar Corp.<br>10.75% | 11/30/29 | 21000 | 23219 |
|  Frontier Communications Holdings LLC<br>8.63%<sup>(1)</sup> | 03/15/31 | 111000 | 116986 |
|  Global Switch Finance BV (United Kingdom)<br>1.38%<sup>(8)</sup> | 10/07/30 | 100000 | 110313 |
|  Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III LLC<br>5.15%<sup>(1)</sup> | 09/20/29 | 236250 | 237901 |
|  T-Mobile USA, Inc.<br>2.55% | 02/15/31 | 78000 | 71283 |
|  Vmed O2 U.K. Financing I PLC (United Kingdom)<br>4.75%<sup>(1)</sup> | 07/15/31 | 108000 | 99871 |
|  Windstream Services LLC/Windstream Escrow Finance Corp.<br>8.25%<sup>(1)</sup> | 10/01/31 | 23000 | 24165 |
|  Zayo Group Holdings, Inc.<br>9.25%<sup>(1),(14)</sup> | 03/09/30 | 48248 | 45896 |
|  |  |  | 833479 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Principal**<br>**Amount** | **Value** |
|  **Transportation** — **0.2%** |  |  |  |  |
|  Aurizon Network Pty. Ltd. (Australia)<br>2.90%<sup>(8)</sup> | 09/02/30 | AUD | 80000 | $47258 |
|  Pacific National Finance Pty. Ltd. (Australia)<br>3.70% | 09/24/29 | AUD | 50000 | 30654 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Transportation** (Cost: $78,425) |  |  |  | 77912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $11,184,048) |  |  |  | 11268833 |
|  **MUNICIPAL BONDS** — **0.1%** |  |  |  |  |
|  California Health Facilities Financing Authority, Series A<br>3.00% | 08/15/51 |  | 20000 | 14569 |
|  California State University, Series B<br>2.37% | 11/01/35 |  | 10000 | 8370 |
|  County of Miami-Dade Aviation Revenue, Revenue Bonds<br>2.86% | 10/01/35 |  | 15000 | 12740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Municipal Bonds** (Cost: $40,490) |  |  |  | 35679 |
|  **FOREIGN GOVERNMENT BONDS** — **0.5%** |  |  |  |  |
|  New South Wales Treasury Corp.<br>5.25%<sup>(8)</sup> | 02/24/38 | AUD | 250000 | 162268 |
|  Queensland Treasury Corp.<br>5.25%<sup>(8)</sup> | 08/13/38 | AUD | 85000 | 54585 |
|  Treasury Corp. of Victoria<br>2.00% | 11/20/37 | AUD | 85000 | 38877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Foreign Government Bonds** (Cost: $259,857) |  |  |  | 255730 |
|  **U.S. TREASURY SECURITIES** — **1.8%** |  |  |  |  |
|  U.S. Treasury Notes |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38% | 12/31/27 |  | 695000 | 693670 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63% | 12/31/30 |  | 205000 | 204063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $897,936) |  |  |  | 897733 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $51,546,279) |  |  |  | 47667236 |
|  **CONVERTIBLE SECURITIES** — **0.1%** |  |  |  |  |
|  **CONVERTIBLE CORPORATE BONDS** — **0.1%** |  |  |  |  |
|  **Commercial Services** — **0.1%** |  |  |  |  |
|  Worldline SA (France)<br>0.00%<sup>(3),(8)</sup> | 07/30/26 | EUR | 29164 | 33474 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Corporate Bonds** (Cost: $30,980) |  |  |  | 33474 |
|  **COMMON STOCK** — **0.1%** |  |  |  |  |
| **Security** |  | **Shares** | **Shares** | **Value** |
|  **Financial** — **0.0%** |  |  |  |  |
|  Yeoman Capital SA<sup>(15)</sup> |  |  | 3375 | 25312 |
|  **REIT** — **0.1%** |  |  |  |  |
|  AGNC Investment Corp. |  |  | 4500 | 48240 |
|  |  |  |  | 48240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $133,945) |  |  |  | 73552 |
|  **INVESTMENT COMPANIES** — **2.0%** |  |  |  |  |
|  TCW Private Asset Income Fund—I Class<sup>(16)</sup> |  |  | 95455 | 954548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investment Companies** (Cost: $954,706) |  |  |  | 954548 |
|  **MONEY MARKET INVESTMENTS** — **9.6%** |  |  |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 3.74%<sup>(17)</sup> |  |  | 184312 | 184312 |
|  TCW Central Cash Fund, 3.71%<sup>(16),(17)</sup> |  |  | 4496289 | 4496289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $4,680,601) |  |  |  | 4680601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (109.4%)** (Cost: $57,346,511) |  |  |  | 53409411 |
|  **Liabilities In Excess Of Other Assets (-9.4%)** |  |  |  | (4570328) |
|  **Net Assets (100.0%)** |  |  |  | $48839083 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  |
| **Number of<br>Contracts** | **Type** | **Expiration**<br>**Date** | **Notional**<br>**Contract**<br>**Value** | **Value** | **Net<br>Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
|  **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** |
| 42 | 5-Year U.S. Treasury Note Futures | 03/31/26 | $4593336 | $4590797 | $(2539) |
|  |  |  | $**4593336** | $**4590797** | $**(2539)** |
|  **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** |
| 2 | 3-Year Australian Bond Futures | 03/16/26 | (140224) | $(140033) | $191 |
| 5 | 10-Year Australian Bond Futures | 03/16/26 | (365203) | (365047) | 156 |
| 17 | 10-Year U.S. Treasury Note Futures | 03/20/26 | (1959610) | (1955266) | 4344 |
| 12 | 2-Year U.S. Treasury Note Futures | 03/31/26 | (2502168) | (2505469) | (3301) |
| 1 | Euro-Bobl Futures | 03/06/26 | (136176) | (136424) | (248) |
| 2 | Euro-Bund Futures | 03/06/26 | (301784) | (299649) | 2135 |
| 12 | U.S. Ultra Long Bond Futures | 03/20/26 | (1437635) | (1416000) | 21635 |
|  |  |  | $**(6842800)** | $**(6817888)** | $**24912** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** |
| **Counterparty** | **Contracts to<br>Deliver** | **Units of<br>Currency** | **Settlement<br>Date** | **In Exchange<br>for USD** | **Contracts<br>at Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **BUY<sup>(18)</sup>** |  |  |  |  |  |  |
|  Goldman Sachs & Co. | EUR | 208640 | 01/09/26 | $245071 | $245083 | $12 |
|  JP Morgan Chase Bank | EUR | 301998 | 01/09/26 | 349865 | 354749 | 4884 |
|  |  |  |  | $**594936** | $**599832** | $**4896** |
|  **SELL<sup>(19)</sup>** |  |  |  |  |  |  |
|  Citibank N.A. | AUD | 568635 | 01/09/26 | 375681 | 379206 | (3525) |
|  Citibank N.A. | EUR | 960666 | 01/09/26 | 1129657 | 1128468 | 1189 |
|  Goldman Sachs & Co. | EUR | 103308 | 01/09/26 | 119320 | 121353 | (2033) |
|  Bank Of America | GBP | 211000 | 01/09/26 | 283414 | 283805 | (391) |
|  |  |  |  | $**1908072** | $**1912832** | $**(4760)** |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| ABS | Asset-Backed Securities. |
| ACES | Alternative Credit Enhancement Securities. |
| AUD | Australian Dollar. |
| CDO | Collateralized Debt Obligation. |
| CLO | Collateralized Loan Obligation. |
| EUR | Euro Currency. |
| GBP | British Pound Sterling. |
| I/F | Inverse Floating rate security whose interest rate moves in the opposite direction of prevailing interest rates. |
| I/O | Interest Only Security. |
| LIBOR | London Interbank Offered Rate. |
| PIK | Payment In Kind. |
| REMIC | Real Estate Mortgage Investment Conduits. |
| SOFR | Secured Overnight Financing Rate. |
| STRIPS | Separate Trading of Registered Interest and Principal Securities. |
| TBA | To Be Announced. |
| (1) | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold, normally only to qualified institutional buyers. At December 31, 2025, the value of these securities amounted to $20,624,134 or 42.2% of net assets. These securities are determined to be liquid by the Fund's investment advisor, unless otherwise noted, under procedures established by and under the general supervision of the Company's Board of Directors. |
| (2) | Variable rate security. Interest rate disclosed is as of the most recent information available. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description above. |
| (3) | Security is not accruing interest. |
| (4) | Floating or variable rate security. The interest shown reflects the rate in effect at December 31, 2025. |
| (5) | This security is a residual or equity position that does not have a stated interest rate. This residual or equity position is entitled to recurring distributions which are generally equal to the remaining cash flow of payments made by underlying securities less contractual payments to debt holders and fund expenses. |
| (6) | For fair value measurement disclosure purposes, security is categorized as Level 3. Security is valued using significant unobservable inputs. |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

(7) Security purchased on a forward commitment with an approximate principal amount. The actual principal amount and maturity date will be determined upon settlement when the security is delivered.

(8) Investments issued under Regulation S of the Securities Act of 1933, as amended, may not be offered, sold, or delivered within the United States except under special exemptions. At December 31, 2025, the value of these
securities amounted to $918,867 or 1.9% of net assets.

(9) Perpetual maturity.

(10) Restricted security (Note 4).

(11) Payment-in-kind ("PIK") security. Income may be paid in additional securities or cash at the discretion of the issuer—5.00% cash or
10.00% PIK interest.

(12) Security is currently in default due to bankruptcy or failure to make payment of principal or interest of the issuer. Income is not being accrued.

(13) PIK security. Income may be paid in additional securities or cash at the discretion of the issuer—5.50% cash or 6.50% PIK interest.

(14) PIK security. Income may be paid in additional securities or cash at the discretion of the issuer—5.75% cash or 0.50% PIK interest.

(15) Non-income producing security.

(16) Affiliated issuer.

(17) Rate disclosed is the 7-day net yield as of December 31, 2025.

(18) Fund buys foreign currency, sells USD.

(19) Fund sells foreign currency, buys USD.

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

The summary of the TCW MetWest Strategic Income Fund transactions in the affiliated funds for the period ended December 31, 2025 is as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at**<br>**March 31,**<br>**2025** | **Purchases at**<br>**Cost** | **Proceeds from**<br>**Sales** | **Number of**<br>**Shares Held**<br>**December 31,<br>2025** | **Value at December 31,**<br>**2025** | **Dividends**<br>**and Interest**<br>**Income**<br>**Received** | **Distributions**<br>**Received**<br>**from Net**<br>**Realized Gain** | **Net Realized**<br>**Gain (Loss) on**<br>**Investments** | **Net change in**<br>**Unrealized**<br>**Gain (Loss) on**<br>**Investments** |
|  TCW Central Cash Fund | $6740188 | $55995101 | $58239000 | 4496289 | $4496289 | $125254 | $— | $— | $— |
|  TCW Private Asset Income Fund—I Class | 168429 | 786277 |  | 95455 | 954548 | 47535 |  |  | (158) |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $5450837 | $172789 | $— | $— | $(158) |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| Fair Valuation Summary (Unaudited) | December 31, 2025 |

---

The following is a summary of the fair valuations according to the inputs used as of December 31, 2025 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in**<br>**Active Markets for**<br>**Identical Assets**<br>**(Level 1)** | **Other Significant**<br>**Observable Inputs**<br>**(Level 2)** | **Significant**<br>**Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Fixed Income Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Non-Agency | $— | $14309171 | $— | $14309171 |
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds |  | 11268833 |  | 11268833 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Agency |  | 8068677 |  | 8068677 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 7358120 |  | 7358120 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 4998558 | 50883 | 5049441 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Securities |  | 897733 |  | 897733 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Agency |  | 423852 |  | 423852 |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign Government Bonds |  | 255730 |  | 255730 |
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds |  | 35679 |  | 35679 |
|  Total Fixed Income Securities |  | 47616353 | 50883 | 47667236 |
|  Convertible Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Convertible Corporate Bonds |  | 33474 |  | 33474 |
|  Equity Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Money Market Investments | 4680601 |  |  | 4680601 |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Companies |  | 954548 |  | 954548 |
| &nbsp;&nbsp;&nbsp;&nbsp; Common Stock | 73552 |  |  | 73552 |
|  Total Equity Securities | 4754153 | 954548 |  | 5708701 |
|  Total Investments | $4754153 | $48604375 | $50883 | $53409411 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 6085 |  | 6085 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 28461 |  |  | 28461 |
|  Total | $4782614 | $48610460 | $50883 | $53443957 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | $(6088) | $— | $— | $(6088) |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | (5949) |  | (5949) |
|  Total | $(6088) | $(5949) | $— | $(12037) |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Sustainable Securitized Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES** — **106.2% of Net Assets** | **FIXED INCOME SECURITIES** — **106.2% of Net Assets** | **FIXED INCOME SECURITIES** — **106.2% of Net Assets** | **FIXED INCOME SECURITIES** — **106.2% of Net Assets** |
|  **ASSET-BACKED SECURITIES** — **17.3%** | **ASSET-BACKED SECURITIES** — **17.3%** | **ASSET-BACKED SECURITIES** — **17.3%** | **ASSET-BACKED SECURITIES** — **17.3%** |
|  Aligned Data Centers Issuer LLC Series 2021-1A, Class A2<br>1.94%<sup>(1)</sup> | 08/15/46 | $175000 | $171899 |
|  Allegro CLO X Ltd. Series 2019-1A, Class BRR<br>5.48% (3 mo. USD Term SOFR + 1.600%)<sup>(1),(2)</sup> | 04/20/32 | 50000 | 50063 |
|  ALLO Issuer LLC Series 2023-1A, Class C<br>12.18%<sup>(1)</sup> | 06/20/53 | 100000 | 105277 |
|  ALLO Issuer LLC Series 2024-1A, Class B<br>7.15%<sup>(1)</sup> | 07/20/54 | 100000 | 102720 |
|  ALLO Issuer LLC Series 2024-1A, Class C<br>11.19%<sup>(1)</sup> | 07/20/54 | 120000 | 127959 |
|  AMMC CLO 30 Ltd. Series 2024-30A, Class A1<br>5.58% (3 mo. USD Term SOFR + 1.680%)<sup>(1),(2)</sup> | 01/15/37 | 150000 | 150185 |
|  Avis Budget Rental Car Funding AESOP LLC Series 2021-2A, Class D<br>4.08%<sup>(1)</sup> | 02/20/28 | 30000 | 29580 |
|  Bayview Opportunity Master Fund VII LLC Series 2024-EDU1, Class D<br>6.62% (30 day USD SOFR Average + 2.750%)<sup>(1),(2)</sup> | 06/25/47 | 29948 | 30437 |
|  BlueMountain CLO Ltd. Series 2015-4A, Class DR2<br>5.83% (3 mo. USD Term SOFR + 1.950%)<sup>(1),(2)</sup> | 04/20/30 | 50000 | 49697 |
|  CARS-DB4 LP Series 2020-1A, Class A5<br>3.48%<sup>(1)</sup> | 02/15/50 | 97729 | 95998 |
|  CARS-DB4 LP Series 2020-1A, Class B3<br>4.95%<sup>(1)</sup> | 02/15/50 | 100000 | 91888 |
|  CIFC Funding Ltd. Series 2022-1A, Class A<br>5.20% (3 mo. USD Term SOFR + 1.320%)<sup>(1),(2)</sup> | 04/17/35 | 50000 | 50056 |
|  Diamond Infrastructure Funding LLC Series 2021-1A, Class B<br>2.36%<sup>(1)</sup> | 04/15/49 | 100000 | 97443 |
|  Dryden 40 Senior Loan Fund Series 2015-40A, Class AR2<br>5.00% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 08/15/31 | 18495 | 18507 |
|  Dryden 72 CLO Ltd. Series 2019-72A, Class BRR<br>5.50% (3 mo. USD Term SOFR + 1.650%)<sup>(1),(2)</sup> | 05/15/32 | 115000 | 115275 |
|  Dryden 80 CLO Ltd. Series 2019-80A, Class CRR<br>5.73% (3 mo. USD Term SOFR + 1.850%)<sup>(1),(2)</sup> | 01/17/33 | 100000 | 100076 |
|  Edgeconnex Data Centers Issuer LLC Series 2022-1, Class A2<br>4.25%<sup>(1)</sup> | 03/25/52 | 46958 | 45427 |
|  GoodLeap Home Improvement Solutions Trust Series 2024-1A, Class A<br>5.35%<sup>(1)</sup> | 10/20/46 | 74811 | 75848 |
|  GoodLeap Home Improvement Solutions Trust Series 2025-2A, Class C<br>8.16%<sup>(1)</sup> | 06/20/49 | 48209 | 49029 |
|  GoodLeap Sustainable Home Solutions Trust Series 2022-1GS, Class A<br>2.70%<sup>(1)</sup> | 01/20/49 | 62706 | 55327 |
|  JG Wentworth XLII LLC Series 2018-2A, Class B<br>4.70%<sup>(1)</sup> | 10/15/77 | 176788 | 161832 |
|  JG Wentworth XXXIX LLC Series 2017-2A, Class B<br>5.09%<sup>(1)</sup> | 09/17/74 | 199595 | 181940 |
|  LMRK Issuer Co. 2 LLC Series 2025-1A, Class A<br>5.52%<sup>(1)</sup> | 09/15/55 | 45000 | 45472 |
|  Loanpal Solar Loan Ltd. Series 2021-1GS, Class A<br>2.29%<sup>(1)</sup> | 01/20/48 | 121044 | 102399 |
|  Madison Park Funding XXVII Ltd. Series 2018-27A, Class A2R<br>5.38% (3 mo. USD Term SOFR + 1.500%)<sup>(1),(2)</sup> | 04/20/38 | 150000 | 150078 |
|  Madison Park Funding XXXIX Ltd. Series 2021-39A, Class BR<br>5.61% (3 mo. USD Term SOFR + 1.750%)<sup>(1),(2)</sup> | 10/22/34 | 105000 | 105105 |
|  Madison Park Funding XXXVI Ltd. Series 2019-36A, Class B1R<br>5.45% (3 mo. USD Term SOFR + 1.550%)<sup>(1),(2)</sup> | 04/15/35 | 100000 | 100083 |
|  Mosaic Solar Loan Trust Series 2020-2A, Class A<br>1.44%<sup>(1)</sup> | 08/20/46 | 35914 | 30536 |
|  Navient Private Education Loan Trust Series 2018-BA, Class A2B<br>4.58% (1 mo. USD Term SOFR + 0.834%)<sup>(1),(2)</sup> | 12/15/59 | 4002 | 4003 |
|  Navient Private Education Loan Trust Series 2020-A, Class A2B<br>4.76% (1 mo. USD Term SOFR + 1.014%)<sup>(1),(2)</sup> | 11/15/68 | 32552 | 32491 |
|  Navient Student Loan Trust Series 2017-1A, Class A3<br>5.14% (30 day USD SOFR Average + 1.264%)<sup>(1),(2)</sup> | 07/26/66 | 84822 | 85534 |
|  Nelnet Student Loan Trust Series 2012-1A, Class B<br>4.99% (30 day USD SOFR Average+ 1.114%)<sup>(1),(2)</sup> | 06/25/42 | 100000 | 98202 |
|  Neuberger Berman Loan Advisers CLO 50 Ltd. Series 2022-50A, Class BR<br>5.51% (3 mo. USD Term SOFR + 1.650%)<sup>(1),(2)</sup> | 07/23/36 | 80000 | 80164 |
|  OCP CLO Ltd. Series 2021-23A, Class AR<br>5.04% (3 mo. USD Term SOFR + 1.160%)<sup>(1),(2)</sup> | 01/17/37 | 150000 | 149827 |
|  Octagon Investment Partners 39 Ltd. Series 2018-3A, Class AR<br>5.03% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 10/20/30 | 13124 | 13131 |
|  Point Au Roche Park CLO Ltd. Series 2021-1A, Class E<br>10.25% (3 mo. USD Term SOFR + 6.362%)<sup>(1),(2)</sup> | 07/20/34 | 50000 | 49248 |
|  Rockford Tower CLO Ltd. Series 2020-1A, Class A1RR<br>4.97% (3 mo. USD Term SOFR + 1.090%)<sup>(1),(2)</sup> | 01/20/36 | 70000 | 69968 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Sustainable Securitized Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** |
|  Sabey Data Center Issuer LLC Series 2023-1, Class A2<br>6.25%<sup>(1)</sup> | 04/20/48 | $60000 | $60221 |
|  Sixth Street CLO VIII Ltd. Series 2017-8A, Class CR2<br>6.83% (3 mo. USD Term SOFR + 2.950%)<sup>(1),(2)</sup> | 10/20/34 | 100000 | 99790 |
|  SLM Student Loan Trust Series 2012-2, Class A<br>4.69% (30 day USD SOFR Average + 0.814%)<sup>(2)</sup> | 01/25/29 | 26911 | 26476 |
|  SoFi Professional Loan Program LLC Series 2021-B, Class AFX<br>1.14%<sup>(1)</sup> | 02/15/47 | 26762 | 23473 |
|  Stack Infrastructure Issuer LLC Series 2021-1A, Class A2<br>1.88%<sup>(1)</sup> | 03/26/46 | 138000 | 136997 |
|  Stonepeak ABS Series 2021-1A, Class A<br>2.68%<sup>(1)</sup> | 02/28/33 | 72024 | 70266 |
|  Switch ABS Issuer LLC Series 2024-1A, Class A2<br>6.28%<sup>(1)</sup> | 03/25/54 | 75000 | 75788 |
|  Switch ABS Issuer LLC Series 2024-1A, Class B<br>6.50%<sup>(1)</sup> | 03/25/54 | 100000 | 100795 |
|  Symphony CLO XIX Ltd. Series 2018-19A, Class B<br>5.51% (3 mo. USD Term SOFR + 1.612%)<sup>(1),(2)</sup> | 04/16/31 | 50000 | 50026 |
|  Vantage Data Centers Jersey Borrower SPV Ltd. Series 2024-1A, Class A2<br>6.17%<sup>(1)</sup> | 05/28/39 | GBP 100,000 | 137872 |
|  Voya CLO Ltd. Series 2014-4A, Class A2RA<br>5.77% (3 mo. USD Term SOFR + 1.862%)<sup>(1),(2)</sup> | 07/14/31 | 50000 | 50055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-Backed Securities** (Cost: $3,876,403) |  |  | 3904463 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **39.7%** |  |  |  |
|  Federal Home Loan Mortgage Corp., Pool #RA4201<br>2.00% | 12/01/50 | 79105 | 64655 |
|  Federal Home Loan Mortgage Corp., Pool #SD8160<br>2.00% | 08/01/51 | 45138 | 36811 |
|  Federal Home Loan Mortgage Corp., Pool #RA6071<br>2.00% | 10/01/51 | 120273 | 98482 |
|  Federal Home Loan Mortgage Corp., Pool #QD1841<br>2.00% | 11/01/51 | 114781 | 93428 |
|  Federal Home Loan Mortgage Corp., Pool #SD7549<br>2.00% | 01/01/52 | 117524 | 97001 |
|  Federal Home Loan Mortgage Corp., Pool #RA5855<br>2.50% | 09/01/51 | 161851 | 137993 |
|  Federal Home Loan Mortgage Corp., Pool #QC8921<br>2.50% | 10/01/51 | 112010 | 96183 |
|  Federal Home Loan Mortgage Corp., Pool #RA6528<br>2.50% | 02/01/52 | 19428 | 16530 |
|  Federal Home Loan Mortgage Corp., Pool #RA7091<br>2.50% | 03/01/52 | 80257 | 68296 |
|  Federal Home Loan Mortgage Corp., Pool #QA7550<br>3.00% | 03/01/50 | 53347 | 48067 |
|  Federal Home Loan Mortgage Corp., Pool #QA8518<br>3.00% | 04/01/50 | 62825 | 56746 |
|  Federal Home Loan Mortgage Corp., Pool #RA5552<br>3.00% | 07/01/51 | 188778 | 168990 |
|  Federal Home Loan Mortgage Corp., Pool #SD8222<br>4.00% | 06/01/52 | 78080 | 74513 |
|  Federal Home Loan Mortgage Corp., Pool #RA7543<br>4.00% | 06/01/52 | 99360 | 94846 |
|  Federal Home Loan Mortgage Corp., Pool #SD8342<br>5.50% | 07/01/53 | 110646 | 112540 |
|  Federal Home Loan Mortgage Corp., Pool #SD8493<br>5.50% | 12/01/54 | 109248 | 110868 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3067, Class FA (PAC)<br>4.45% (30 day USD SOFR Average + 0.464%)<sup>(2)</sup> | 11/15/35 | 38444 | 38251 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4139, Class DA<br>1.25% | 12/15/27 | 6198 | 6059 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5473, Class BF<br>5.17% (30 day USD SOFR Average + 1.300%)<sup>(2)</sup> | 11/25/54 | 161347 | 162358 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 386, Class C1 (I/O)<br>2.00% | 03/15/52 | 177718 | 23971 |
|  Federal National Mortgage Association, Pool #BQ1226<br>2.00% | 09/01/50 | 109437 | 89542 |
|  Federal National Mortgage Association, Pool #FM5254<br>2.00% | 12/01/50 | 130420 | 106574 |
|  Federal National Mortgage Association, Pool #FM6400<br>2.00% | 03/01/51 | 82616 | 68124 |
|  Federal National Mortgage Association, Pool #MA4398<br>2.00% | 08/01/51 | 141444 | 115350 |
|  Federal National Mortgage Association, Pool #FS1334<br>2.00% | 11/01/51 | 133567 | 109066 |
|  Federal National Mortgage Association, Pool #FS1598<br>2.00% | 04/01/52 | 88947 | 72361 |
|  Federal National Mortgage Association, Pool #CB2074<br>2.50% | 11/01/51 | 134219 | 114935 |
|  Federal National Mortgage Association, Pool #AL9266<br>3.00% | 10/01/46 | 99048 | 90574 |
|  Federal National Mortgage Association, Pool #BV8515<br>3.00% | 05/01/52 | 72002 | 63963 |
|  Federal National Mortgage Association, Pool #MA4600<br>3.50% | 05/01/52 | 96117 | 89222 |
|  Federal National Mortgage Association, Pool #MA4626<br>4.00% | 06/01/52 | 57967 | 55319 |
|  Federal National Mortgage Association, Pool #BW0000<br>4.00% | 07/01/52 | 78260 | 74661 |
|  Federal National Mortgage Association, Pool #MA4783<br>4.00% | 10/01/52 | 111141 | 105977 |
|  Federal National Mortgage Association, Pool #CB4818<br>4.00% | 10/01/52 | 47489 | 45283 |
|  Federal National Mortgage Association, Pool #CB4211<br>4.50% | 07/01/52 | 102199 | 100350 |
|  Federal National Mortgage Association, Pool #MA4784<br>4.50% | 10/01/52 | 77197 | 75754 |
|  Federal National Mortgage Association, Pool #MA5009<br>5.00% | 05/01/53 | 82073 | 82330 |
|  Federal National Mortgage Association Interest STRIPS Series 426, Class C41 (I/O)<br>2.00% | 03/25/51 | 138729 | 18164 |
|  Federal National Mortgage Association Interest STRIPS Series 426, Class C42 (I/O)<br>2.00% | 11/25/50 | 97380 | 12776 |
|  Federal National Mortgage Association Interest STRIPS Series 427, Class C21 (I/O)<br>2.00% | 03/25/50 | 294019 | 38312 |
|  Federal National Mortgage Association Interest STRIPS Series 434, Class C29 (I/O)<br>2.00% | 10/25/52 | 212488 | 28341 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Sustainable Securitized Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** |  |  |  |
|  Federal National Mortgage Association Interest STRIPS Series 436, Class C32 (I/O)<br>2.00% | 10/25/52 | $172454 | $22750 |
|  Federal National Mortgage Association REMICS Series 2019-25, Class PA (PAC)<br>3.00% | 05/25/48 | 144832 | 137295 |
|  Federal National Mortgage Association REMICS Series 2024-69, Class FA<br>5.12% (30 day USD SOFR Average + 1.250%)<sup>(2)</sup> | 10/25/54 | 78277 | 78670 |
|  Federal National Mortgage Association REMICS Series 2024-84, Class FD<br>5.02% (30 day USD SOFR Average + 1.150%)<sup>(2)</sup> | 11/25/54 | 184110 | 184856 |
|  Federal National Mortgage Association REMICS Series 2025-13, Class FA<br>5.17% (30 day USD SOFR Average + 1.300%)<sup>(2)</sup> | 03/25/55 | 79421 | 79858 |
|  Government National Mortgage Association, Pool #MA8346<br>4.00% | 10/20/52 | 286632 | 273463 |
|  Government National Mortgage Association, Pool #MA8488<br>4.00% | 12/20/52 | 266274 | 254040 |
|  Government National Mortgage Association, Pool #MA8427<br>4.50% | 11/20/52 | 106438 | 104541 |
|  Government National Mortgage Association, Pool #MA9963<br>4.50% | 10/20/54 | 164612 | 160608 |
|  Government National Mortgage Association, Pool #MB0024<br>4.50% | 11/20/54 | 146992 | 143490 |
|  Government National Mortgage Association, Pool #MA8647<br>5.00% | 02/20/53 | 101313 | 101755 |
|  Government National Mortgage Association, Pool #MA8948<br>5.50% | 06/20/53 | 220467 | 224154 |
|  Government National Mortgage Association, Pool #MA9171<br>5.50% | 09/20/53 | 145049 | 147786 |
|  Government National Mortgage Association, Pool #MA9488<br>5.50% | 02/20/54 | 205342 | 208599 |
|  Government National Mortgage Association REMICS Series 2023-113, Class FD<br>5.27% (30 day USD SOFR Average + 1.350%)<sup>(2)</sup> | 08/20/53 | 44520 | 44889 |
|  Government National Mortgage Association REMICS Series 2023-134, Class F<br>4.92% (30 day USD SOFR Average + 1.000%)<sup>(2)</sup> | 08/20/53 | 63340 | 63416 |
|  Government National Mortgage Association REMICS Series 2024-143, Class FB<br>5.07% (30 day USD SOFR Average + 1.150%)<sup>(2)</sup> | 09/20/54 | 34357 | 34541 |
|  Government National Mortgage Association REMICS Series 2024-144, Class FD<br>5.07% (30 day USD SOFR Average + 1.150%)<sup>(2)</sup> | 09/20/54 | 94620 | 95115 |
|  Government National Mortgage Association REMICS Series 2024-148, Class AF<br>5.10% (30 day USD SOFR Average + 1.180%)<sup>(2)</sup> | 09/20/54 | 93968 | 94534 |
|  Government National Mortgage Association REMICS Series 2024-30, Class DF<br>5.22% (30 day USD SOFR Average + 1.300%)<sup>(2)</sup> | 02/20/54 | 118174 | 118948 |
|  Government National Mortgage Association REMICS Series 2024-84, Class LF<br>4.97% (30 day USD SOFR Average + 1.050%)<sup>(2)</sup> | 05/20/54 | 85893 | 86119 |
|  Government National Mortgage Association REMICS Series 2024-95, Class FW<br>5.02% (30 day USD SOFR Average + 1.100%)<sup>(2)</sup> | 06/20/54 | 84972 | 85299 |
|  Government National Mortgage Association REMICS Series 2024-96, Class FL<br>5.07% (30 day USD SOFR Average + 1.150%)<sup>(2)</sup> | 06/20/54 | 119282 | 119880 |
|  Government National Mortgage Association REMICS Series 2024-97, Class FW<br>5.07% (30 day USD SOFR Average + 1.150%)<sup>(2)</sup> | 06/20/54 | 67316 | 67655 |
|  Government National Mortgage Association, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(3)</sup> | 01/20/55 | 475000 | 410053 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(3)</sup> | 01/20/55 | 725000 | 659834 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(3)</sup> | 05/01/55 | 125000 | 118006 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(3)</sup> | 07/01/55 | 350000 | 340996 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(3)</sup> | 07/01/55 | 750000 | 748056 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(3)</sup> | 05/01/55 | 175000 | 176703 |
|  Uniform Mortgage-Backed Security, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(3)</sup> | 01/01/52 | 50000 | 46085 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(3)</sup> | 01/01/52 | 25000 | 23117 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(3)</sup> | 05/01/55 | 125000 | 118597 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(3)</sup> | 07/01/55 | 100000 | 97625 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(3)</sup> | 07/01/55 | 125000 | 124697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities**—**Agency** (Cost: $9,093,705) |  |  | 8959596 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **31.1%** |  |  |  |
|  1211 Avenue of the Americas Trust Series 2015-1211, Class A1A2<br>3.90%<sup>(1)</sup> | 08/10/35 | 23000 | 22273 |
|  1211 Avenue of the Americas Trust Series 2015-1211, Class B<br>4.09%<sup>(1),(4)</sup> | 08/10/35 | 100000 | 95375 |
|  1301 Trust Series 2025-1301, Class F<br>8.10%<sup>(1),(4)</sup> | 08/11/42 | 100000 | 102621 |
|  245 Park Avenue Trust Series 2017-245P, Class C<br>3.66%<sup>(1),(4)</sup> | 06/05/37 | 100000 | 97732 |
|  245 Park Avenue Trust Series 2017-245P, Class E<br>3.66%<sup>(1),(4)</sup> | 06/05/37 | 100000 | 95813 |
|  280 Park Avenue Mortgage Trust Series 2017-280P, Class A<br>4.96% (1 mo. USD Term SOFR + 1.180%)<sup>(1),(2)</sup> | 09/15/34 | 58000 | 57826 |
|  280 Park Avenue Mortgage Trust Series 2017-280P, Class D<br>5.61% (1 mo. USD Term SOFR + 1.836%)<sup>(1),(2)</sup> | 09/15/34 | 200000 | 198198 |
|  Aventura Mall Trust Series 2018-AVM, Class C<br>4.11%<sup>(1),(4)</sup> | 07/05/40 | 90000 | 88153 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Sustainable Securitized Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |  |
|  BAMLL Commercial Mortgage Securities Trust Series 2015-ASTR, Class C<br>4.25%<sup>(1)</sup> | 07/14/37 | $100000 | $94583 |
|  BAMLL Commercial Mortgage Securities Trust Series 2018-PARK, Class A<br>4.09%<sup>(1),(4)</sup> | 08/10/38 | 100000 | 98102 |
|  BGME Trust Series 2021-VR, Class C<br>2.99%<sup>(1),(4)</sup> | 01/10/43 | 100000 | 77027 |
|  BX Commercial Mortgage Trust Series 2022-AHP, Class D<br>6.19% (1 mo. USD Term SOFR + 2.440%)<sup>(1),(2)</sup> | 01/17/39 | 100000 | 99852 |
|  BX Commercial Mortgage Trust Series 2024-VLT5, Class C<br>6.19%<sup>(1),(4)</sup> | 11/13/46 | 100000 | 102397 |
|  BX Trust Series 2022-CLS, Class B<br>6.30%<sup>(1)</sup> | 10/13/27 | 100000 | 100868 |
|  BX Trust Series 2023-LIFE, Class B<br>5.39%<sup>(1)</sup> | 02/15/28 | 100000 | 98372 |
|  BX Trust Series 2024-BIO, Class B<br>5.69% (1 mo. USD Term SOFR + 1.941%)<sup>(1),(2)</sup> | 02/15/41 | 110000 | 109919 |
|  BX Trust Series 2025-VLT6, Class C<br>5.94% (1 mo. USD Term SOFR + 2.192%)<sup>(1),(2)</sup> | 03/15/42 | 100000 | 99989 |
|  BXHPP Trust Series 2021-FILM, Class C<br>4.96% (1 mo. USD Term SOFR + 1.214%)<sup>(1),(2)</sup> | 08/15/36 | 150000 | 140774 |
|  BXP Trust Series 2017-GM, Class C<br>3.42%<sup>(1),(4)</sup> | 06/13/39 | 100000 | 97362 |
|  Caister Finance DAC Series 1A, Class D<br>7.76% (1 day GBP SONIA + 3.900%)<sup>(1),(2)</sup> | 08/17/35 | 100000 | 135558 |
|  Century Plaza Towers Series 2019-CPT, Class A<br>2.87%<sup>(1)</sup> | 11/13/39 | 140000 | 130106 |
|  CHI Commercial Mortgage Trust Series 2025-110W, Class C<br>5.84%<sup>(1),(4)</sup> | 12/13/40 | 220000 | 219925 |
|  CHI Commercial Mortgage Trust Series 2025-SFT, Class D<br>7.32%<sup>(1),(4)</sup> | 04/15/42 | 100000 | 103685 |
|  CONE Trust Series 2024-DFW1, Class A<br>5.39% (1 mo. USD Term SOFR + 1.642%)<sup>(1),(2)</sup> | 08/15/41 | 59000 | 58990 |
|  CONE Trust Series 2024-DFW1, Class B<br>6.04% (1 mo. USD Term SOFR + 2.291%)<sup>(1),(2)</sup> | 08/15/41 | 50000 | 50084 |
|  CSMC Trust Series 2019-UVIL, Class E<br>3.28%<sup>(1),(4)</sup> | 12/15/41 | 100000 | 87784 |
|  DBC Mortgage Trust Series 2025-DBC, Class C<br>5.80% (1 mo. USD Term SOFR + 2.050%)<sup>(1),(2)</sup> | 11/15/42 | 200000 | 200430 |
|  DBGS Mortgage Trust Series 2021-W52, Class C<br>6.32% (1 mo. USD Term SOFR + 2.564%)<sup>(1),(2)</sup> | 10/15/39 | 100000 | 98721 |
|  DOLP Trust Series 2021-NYC, Class A<br>2.96%<sup>(1)</sup> | 05/10/41 | 100000 | 89966 |
|  Durst Commercial Mortgage Trust Series 2025-151, Class C<br>5.82%<sup>(1),(4)</sup> | 08/10/42 | 200000 | 204281 |
|  Grace Trust Series 2020-GRCE, Class A<br>2.35%<sup>(1)</sup> | 12/10/40 | 100000 | 89840 |
|  Hudson Yards Mortgage Trust Series 2019-30HY, Class D<br>3.44%<sup>(1),(4)</sup> | 07/10/39 | 100000 | 92811 |
|  Hudson Yards Mortgage Trust Series 2019-55HY, Class F<br>2.94%<sup>(1),(4)</sup> | 12/10/41 | 100000 | 86325 |
|  Hudson Yards Mortgage Trust Series 2025-SPRL, Class F<br>7.40%<sup>(1),(4)</sup> | 01/13/40 | 100000 | 101870 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2021-MHC, Class E<br>6.57% (1 mo. USD Term SOFR + 2.814%)<sup>(1),(2)</sup> | 04/15/38 | 100000 | 100084 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2025-BMS, Class D<br>6.90% (1 mo. USD Term SOFR + 3.150%)<sup>(1),(2)</sup> | 01/15/42 | 109000 | 108375 |
|  KREST Commercial Mortgage Securities Trust Series 2021-CHIP, Class C<br>2.93%<sup>(1),(4)</sup> | 11/05/44 | 125000 | 88227 |
|  Life Mortgage Trust Series 2021-BMR, Class C<br>4.96% (1 mo. USD Term SOFR + 1.214%)<sup>(1),(2)</sup> | 03/15/38 | 10680 | 10636 |
|  Manhattan West Mortgage Trust Series 2020-1MW, Class D<br>2.34%<sup>(1),(4)</sup> | 09/10/39 | 50000 | 47545 |
|  MFT Mortgage Trust Series 2020-B6, Class B<br>3.28%<sup>(1),(4)</sup> | 08/10/40 | 150000 | 109479 |
|  MKT Mortgage Trust Series 2020-525M, Class D<br>2.94%<sup>(1),(4)</sup> | 02/12/40 | 100000 | 84168 |
|  Morgan Stanley Capital I Trust Series 2021-PLZA, Class A<br>2.57%<sup>(1)</sup> | 11/09/43 | 110000 | 95222 |
|  Morgan Stanley Capital I Trust Series 2021-PLZA, Class B<br>2.81%<sup>(1),(4)</sup> | 11/09/43 | 150000 | 130262 |
|  NY Commercial Mortgage Trust Series 2025-299P, Class C<br>6.17%<sup>(1),(4)</sup> | 02/10/47 | 44000 | 45473 |
|  NYC Commercial Mortgage Trust Series 2021-909, Class A<br>2.94%<sup>(1)</sup> | 04/10/43 | 100000 | 87204 |
|  NYC Commercial Mortgage Trust Series 2021-909, Class C<br>3.21%<sup>(1),(4)</sup> | 04/10/43 | 100000 | 81553 |
|  NYC Commercial Mortgage Trust Series 2025-1155, Class A<br>5.83%<sup>(1)</sup> | 06/10/42 | 177000 | 181483 |
|  NYC Commercial Mortgage Trust Series 2025-1155, Class C<br>6.81%<sup>(1)</sup> | 06/10/42 | 100000 | 102896 |
|  NYCT Trust Series 2024-3ELV, Class C<br>6.59% (1 mo. USD Term SOFR + 2.840%)<sup>(1),(2)</sup> | 08/15/29 | 100000 | 100284 |
|  NYCT Trust Series 2024-3ELV, Class D<br>7.59% (1 mo. USD Term SOFR + 3.838%)<sup>(1),(2)</sup> | 08/15/29 | 100000 | 100352 |
|  NYO Commercial Mortgage Trust Series 2021-1290, Class C<br>5.86% (1 mo. USD Term SOFR + 2.109%)<sup>(1),(2)</sup> | 11/15/38 | 140000 | 139201 |
|  NYO Commercial Mortgage Trust Series 2021-1290, Class D<br>6.41% (1 mo. USD Term SOFR + 2.659%)<sup>(1),(2)</sup> | 11/15/38 | 150000 | 148096 |
|  One New York Plaza Trust Series 2020-1NYP, Class A<br>4.82% (1 mo. USD Term SOFR + 1.064%)<sup>(1),(2)</sup> | 01/15/36 | 110000 | 107913 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Sustainable Securitized Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** | **Value** | **Value** |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |  |  |
|  One New York Plaza Trust Series 2020-1NYP, Class AJ<br>5.12% (1 mo. USD Term SOFR + 1.364%)<sup>(1),(2)</sup> | 01/15/36 | $| 150000 | $| 144287 |
|  Progress Residential Trust Series 2021-SFR3, Class E1<br>2.54%<sup>(1)</sup> | 05/17/26 |  | 40000 |  | 39732 |
|  RIDE Series 2025-SHRE, Class D<br>6.75%<sup>(1),(4)</sup> | 02/14/47 |  | 100000 |  | 102463 |
|  SFO Commercial Mortgage Trust Series 2021-555, Class B<br>5.36% (1 mo. USD Term SOFR + 1.614%)<sup>(1),(2)</sup> | 05/15/38 |  | 100000 |  | 99628 |
|  Shops at Crystals Trust Series 2016-CSTL, Class C<br>3.73%<sup>(1),(4)</sup> | 07/05/36 |  | 50000 |  | 49729 |
|  SLG Office Trust Series 2021-OVA, Class C<br>2.85%<sup>(1)</sup> | 07/15/41 |  | 140000 |  | 124541 |
|  SWCH Commercial Mortgage Trust Series 2025-DATA, Class B<br>5.59% (1 mo. USD Term SOFR + 1.842%)<sup>(1),(2)</sup> | 02/15/42 |  | 100000 |  | 99289 |
|  SWCH Commercial Mortgage Trust Series 2025-DATA, Class C<br>5.84% (1 mo. USD Term SOFR + 2.092%)<sup>(1),(2)</sup> | 02/15/42 |  | 25000 |  | 24811 |
|  SWCH Commercial Mortgage Trust Series 2025-DATA, Class E<br>7.09% (1 mo. USD Term SOFR + 3.340%)<sup>(1),(2)</sup> | 02/15/42 |  | 160000 |  | 159368 |
|  TEXAS Commercial Mortgage Trust Series 2025-TWR, Class B<br>5.34% (1 mo. USD Term SOFR + 1.593%)<sup>(1),(2)</sup> | 04/15/42 |  | 100000 |  | 99905 |
|  TEXAS Commercial Mortgage Trust Series 2025-TWR, Class D<br>6.84% (1 mo. USD Term SOFR + 3.091%)<sup>(1),(2)</sup> | 04/15/42 |  | 100000 |  | 100394 |
|  U.K. Logistics DAC Series 2025-1X, Class C<br>6.36% (1 day GBP SONIA + 2.500%)<sup>(2),(5)</sup> | 05/17/35 | GBP | 71788 |  | 96858 |
|  Vita Scientia DAC Series 2022-1X, Class C<br>4.12% (3 mo. EUR EURIBOR + 2.050%)<sup>(2),(5)</sup> | 02/27/33 | EUR | 100000 |  | 117578 |
|  VTR Commercial Mortgage Trust Series 2025-STEM, Class C<br>5.86%<sup>(1),(4)</sup> | 10/13/39 |  | 100000 |  | 100472 |
|  Wells Fargo Commercial Mortgage Trust Series 2024-SVEN, Class C<br>6.32%<sup>(1),(4)</sup> | 06/10/37 |  | 50000 |  | 51695 |
|  Wells Fargo Commercial Mortgage Trust Series 2025-609M, Class C<br>6.09% (1 mo. USD Term SOFR + 2.341%)<sup>(1),(2)</sup> | 08/15/42 |  | 100000 |  | 100109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities**—**Non-agency** (Cost: $6,942,813) |  |  |  |  | 7006924 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **1.3%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **1.3%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **1.3%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **1.3%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **1.3%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **1.3%** |
|  Federal Home Loan Mortgage Corp. Multifamily ML Certificates Series 2021-ML12, Class X<br>1.23%<sup>(1),(4)</sup> | 07/25/41 |  | 1048241 |  | 92130 |
|  Government National Mortgage Association Series 2020-184 (I/O)<br>0.91%<sup>(4)</sup> | 11/16/60 |  | 797436 |  | 53132 |
|  Government National Mortgage Association Series 2021-17 (I/O)<br>1.05%<sup>(4)</sup> | 01/16/61 |  | 670636 |  | 52995 |
|  Government National Mortgage Association Series 2021-36 (I/O)<br>1.29%<sup>(4)</sup> | 03/16/63 |  | 588945 |  | 48490 |
|  Government National Mortgage Association Series 2023-127 (I/O)<br>0.40%<sup>(4)</sup> | 07/16/57 |  | 2403747 |  | 41601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities**—**Agency** (Cost: $294,903) |  |  |  |  | 288348 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **13.5%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **13.5%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **13.5%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **13.5%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **13.5%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **13.5%** |
|  Ajax Mortgage Loan Trust Series 2021-G, Class A<br>4.88%<sup>(1),(4)</sup> | 06/25/61 |  | 45441 |  | 45452 |
|  BINOM Securitization Trust Series 2022-RPL1, Class M1<br>3.00%<sup>(1),(4)</sup> | 02/25/61 |  | 50000 |  | 41489 |
|  Cascade MH Asset Trust Series 2019-MH1, Class A<br>4.00%<sup>(1),(4)</sup> | 11/25/44 |  | 32016 |  | 30929 |
|  Cascade MH Asset Trust Series 2021-MH1, Class A1<br>1.75%<sup>(1)</sup> | 02/25/46 |  | 49896 |  | 45631 |
|  Cascade MH Asset Trust Series 2022-MH1, Class A<br>4.25%<sup>(1)</sup> | 08/25/54 |  | 80101 |  | 78505 |
|  CIM Trust Series 2019-R4, Class A1<br>3.00%<sup>(1),(4)</sup> | 10/25/59 |  | 136396 |  | 128594 |
|  CIM Trust Series 2020-R6, Class A1A<br>2.25%<sup>(1),(4)</sup> | 12/25/60 |  | 40001 |  | 37063 |
|  CIM Trust Series 2021-R3, Class A1A<br>1.95%<sup>(1),(4)</sup> | 06/25/57 |  | 100589 |  | 94160 |
|  CIM Trust Series 2021-R5, Class A1A<br>2.00%<sup>(1),(4)</sup> | 08/25/61 |  | 74100 |  | 66281 |
|  CSMC Trust Series 2020-RPL4, Class A1<br>2.00%<sup>(1),(4)</sup> | 01/25/60 |  | 47689 |  | 43464 |
|  CSMC Trust Series 2021-RPL3, Class M3<br>4.02%<sup>(1),(4)</sup> | 01/25/60 |  | 90000 |  | 72268 |
|  CSMC Trust Series 2021-RPL4, Class A1<br>4.15%<sup>(1),(4)</sup> | 12/27/60 |  | 56939 |  | 56762 |
|  CSMC Trust Series 2021-RPL9, Class A1<br>3.87%<sup>(1),(4)</sup> | 02/25/61 |  | 65213 |  | 65016 |
|  CSMCM Trust Series 2021-RP11, Class CERT<br>3.78%<sup>(1)</sup> | 10/27/61 |  | 65423 |  | 51844 |
|  JPMorgan Mortgage Trust Series 2025-CES2, Class M1<br>6.24%<sup>(1)</sup> | 06/25/55 |  | 100000 |  | 101290 |
|  Legacy Mortgage Asset Trust Series 2021-GS2, Class A1<br>5.75%<sup>(1)</sup> | 04/25/61 |  | 274871 |  | 275171 |
|  Legacy Mortgage Asset Trust Series 2021-GS3, Class A1<br>5.75%<sup>(1)</sup> | 07/25/61 |  | 137700 |  | 137812 |
|  Legacy Mortgage Asset Trust Series 2021-GS4, Class A1<br>5.65%<sup>(1)</sup> | 11/25/60 |  | 42107 |  | 42171 |
|  Legacy Mortgage Asset Trust Series 2021-GS5, Class A1<br>6.25%<sup>(1)</sup> | 07/25/67 |  | 135989 |  | 136200 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-2, Class A2B<br>4.19% (1 mo. USD Term SOFR + 0.454%)<sup>(2)</sup> | 05/25/37 |  | 11329 |  | 8291 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-3, Class A2D<br>4.35% (1 mo. USD Term SOFR + 0.614%)<sup>(2)</sup> | 06/25/37 |  | 41248 |  | 41605 |
|  MFA Trust Series 2023-INV2, Class B1<br>7.94%<sup>(1),(4)</sup> | 10/25/58 |  | 30000 |  | 30226 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Sustainable Securitized Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |
|  PRKCM Trust Series 2021-AFC1, Class A1<br>1.51%<sup>(1),(4)</sup> | 08/25/56 | $29155 | $24836 |
|  PRPM LLC Series 2024-RPL1, Class A3<br>4.22%<sup>(1),(4)</sup> | 12/25/64 | 150000 | 146267 |
|  PRPM LLC Series 2025-RPL2, Class M1<br>3.75%<sup>(1)</sup> | 04/25/55 | 110000 | 104834 |
|  PRPM LLC Series 2025-RPL3, Class M2<br>3.25%<sup>(1)</sup> | 04/25/55 | 180000 | 164106 |
|  Soundview Home Loan Trust Series 2007-OPT2, Class 2A4<br>4.10% (1 mo. USD Term SOFR + 0.364%)<sup>(2)</sup> | 07/25/37 | 122984 | 104281 |
|  Towd Point Mortgage Trust Series 2015-1, Class B1<br>4.57%<sup>(1),(4)</sup> | 10/25/53 | 45000 | 43606 |
|  Towd Point Mortgage Trust Series 2019-2, Class M1<br>3.75%<sup>(1),(4)</sup> | 12/25/58 | 100000 | 87815 |
|  Towd Point Mortgage Trust Series 2019-HY2, Class M2<br>5.75% (1 mo. USD Term SOFR + 2.014%)<sup>(1),(2)</sup> | 05/25/58 | 210000 | 210996 |
|  Towd Point Mortgage Trust Series 2020-MH1, Class A1<br>2.25%<sup>(1),(4)</sup> | 02/25/60 | 121392 | 119208 |
|  Towd Point Mortgage Trust Series 2020-MH1, Class A1A<br>2.18%<sup>(1),(4)</sup> | 02/25/60 | 59084 | 58001 |
|  Towd Point Mortgage Trust Series 2020-MH1, Class M2A<br>2.75%<sup>(1),(4)</sup> | 02/25/60 | 125000 | 119000 |
|  Verus Securitization Trust Series 2024-INV2, Class B1<br>6.93%<sup>(1)</sup> | 08/26/69 | 100000 | 100744 |
|  Verus Securitization Trust Series 2025-1, Class B1<br>7.01%<sup>(1),(4)</sup> | 01/25/70 | 24000 | 24466 |
|  Verus Securitization Trust Series 2025-3, Class B1<br>7.51%<sup>(1),(4)</sup> | 05/25/70 | 100000 | 102128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities**—**Non-agency** (Cost: $2,955,209) |  |  | 3040512 |
|  **U.S. TREASURY SECURITIES** — **3.3%** |  |  |  |
|  U.S. Treasury Bonds<br>4.63% | 11/15/55 | 23000 | 22207 |
|  U.S. Treasury Notes |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38% | 12/31/27 | 340000 | 339349 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 11/30/30 | 5900 | 5843 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63% | 12/31/30 | 190000 | 189132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% | 11/15/35 | 181000 | 178554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $736,602) |  |  | 735085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $23,899,635) |  |  | 23934928 |
| **Issues** |  | **Shares** | **Value** |
|  **MONEY MARKET INVESTMENTS** — **6.6%** |  |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class,<br>3.74%<sup>(6)</sup> |  | 77076 | 77076 |
|  TCW Central Cash Fund,<br>3.71%<sup>(6),(7)</sup> |  | 1414353 | 1414353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $1,491,429) |  |  | 1491429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (112.8%)** (Cost: $25,391,064) |  |  | 25426357 |
|  **Liabilities In Excess Of Other Assets (-12.8%)** |  |  | (2880259) |
|  **Net Assets (100.0%)** |  |  | $22546098 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Sustainable Securitized Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  |
| **Number of<br>Contracts** | **Type** | **Expiration<br>Date** | **Notional<br>Contract<br>Value** | **Value** | **Net Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Futures** |  |  |  |  |  |
| 5 | U.S. Ultra Long Bond Futures | 03/20/26 | $599400 | $590000 | $(9400) |
| 14 | 2-Year U.S. Treasury Note Futures | 03/31/26 | 2921014 | 2923047 | 2033 |
| 35 | 10-Year U.S. Treasury Note Futures | 03/20/26 | 4038097 | 4025547 | (12550) |
|  |  |  | $**7558511** | $**7538594** | $**(19917)** |
|  **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** |
| 4 | 5-Year U.S. Treasury Note Futures | 03/31/26 | $(437884) | $(437219) | $665 |
|  |  |  | $**(437884)** | $**(437219)** | $**665** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  |
| **Counterparty** | **Contracts to<br>Deliver** | **Units of<br>Currency** | **Settlement<br>Date** | **In Exchange<br>for USD** | **Contracts<br>at Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **SELL<sup>(8)</sup>** |  |  |  |  |  |  |
|  Citibank N.A. | EUR | 100156 | 01/09/26 | $117774 | $117650 | $124 |
|  Bank Of America | GBP | 399040 | 01/09/26 | 535988 | 536727 | (739) |
|  |  |  |  | $**653762** | $**654377** | $**(615)** |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| ABS | Asset-Backed Securities. |
| CLO | Collateralized Loan Obligation. |
| EUR | Euro Currency. |
| GBP | British Pound Sterling. |
| I/O | Interest Only Security. |
| PAC | Planned Amortization Class. |
| REMIC | Real Estate Mortgage Investment Conduits. |
| SOFR | Secured Overnight Financing Rate. |
| STRIPS | Separate Trading of Registered Interest and Principal Securities. |
| TBA | To Be Announced. |
| (1) | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold, normally only to qualified institutional buyers. At December 31, 2025, the value of these securities amounted to $13,648,940 or 60.5% of net assets. These securities are determined to be liquid by the Fund's investment advisor, unless otherwise noted, under procedures established by and under the general supervision of the Company's Board of Directors. |
| (2) | Floating or variable rate security. The interest shown reflects the rate in effect at December 31, 2025. |
| (3) | Security purchased on a forward commitment with an approximate principal amount. The actual principal amount and maturity date will be determined upon settlement when the security is delivered. |
| (4) | Variable rate security. Interest rate disclosed is as of the most recent information available. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description above. |
| (5) | Investments issued under Regulation S of the Securities Act of 1933, as amended, may not be offered, sold, or delivered within the United States except under special exemptions. At December 31, 2025, the value of these securities amounted to $214,436 or 1.0% of net assets. |
| (6) | Rate disclosed is the 7-day net yield as of December 31, 2025. |
| (7) | Affiliated issuer. |
| (8) | Fund sells foreign currency, buys USD. |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Sustainable Securitized Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

The summary of the TCW MetWest Sustainable Securitized Fund transactions in the affiliated funds for the period ended December 31, 2025 is as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at<br>March 31,<br>2025** | **Purchases at<br>Cost** | **Proceeds from<br>Sales** | **Number of<br>Shares Held<br>December 31,<br>2025** | **Value at December 31,<br>2025** | **Dividends<br>and Interest<br>Income<br>Received** | **Distributions<br>Received<br>from Net<br>Realized Gain** | **Net change in<br>Unrealized<br>Gain (Loss) on<br>Investments** |
|  TCW Central Cash Fund | $1172 | $19923181 | $18510000 | 1414353 | $1414353 | $29903 | $– $– $|  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $1414353 | $29903 | $– $– $|  |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Sustainable Securitized Fund** |  |
| Fair Valuation Summary (Unaudited) | December 31, 2025 |

---

The following is a summary of the fair valuations according to the inputs used as of December 31, 2025 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Fixed Income Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Agency | $— | $8959596 | $— | $8959596 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 7006924 |  | 7006924 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 3904463 |  | 3904463 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Non-Agency |  | 3040512 |  | 3040512 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Securities |  | 735085 |  | 735085 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Agency |  | 288348 |  | 288348 |
|  Total Fixed Income Securities |  | 23934928 |  | 23934928 |
|  Equity Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Money Market Investments | 1491429 |  |  | 1491429 |
|  Total Investments | $1491429 | $23934928 | $— | $25426357 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 124 |  | 124 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 2698 |  |  | 2698 |
|  Total | $1494127 | $23935052 | $— | $25429179 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | $(21950) | $— | $— | $(21950) |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | (739) |  | (739) |
|  Total | $(21950) | $(739) | $— | $(22689) |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES** — **96.0% of Net Assets** | **FIXED INCOME SECURITIES** — **96.0% of Net Assets** |  |  |
|  **ASSET-BACKED SECURITIES** — **3.0%** |  |  |  |
|  AMMC CLO 30 Ltd. Series 2024-30A, Class A1<br>5.58% (3 mo. USD Term SOFR + 1.680%)<sup>(1),(2)</sup> | 01/15/37 | $24070000 | $24099654 |
|  BCRED MML CLO LLC Series 2022-1A, Class A1<br>5.53% (3 mo. USD Term SOFR + 1.650%)<sup>(1),(2)</sup> | 04/20/35 | 48400000 | 48464759 |
|  Carvana Auto Receivables Trust Series 2021-N1, Class R<br>0.00%<sup>(1),(3)</sup> | 01/10/28 | 53821 | 5270648 |
|  Carvana Auto Receivables Trust Series 2021-P4, Class R<br>0.00%<sup>(1),(3),(4)</sup> | 09/11/28 | 43250 | 5113188 |
|  Carvana Auto Receivables Trust Series 2023-N1, Class R<br>0.00%<sup>(1),(3)</sup> | 04/10/30 | 30000 | 6616368 |
|  Carvana Auto Receivables Trust Series 2023-N1, Class XS<br>0.00%<sup>(1),(3)</sup> | 04/10/30 | 185555649 | 1917347 |
|  Carvana Auto Receivables Trust Series 2023-N3, Class R<br>0.00%<sup>(1),(3)</sup> | 09/10/30 | 30900 | 5906163 |
|  Castlelake Aircraft Structured Trust Series 2025-3A, Class A<br>5.09%<sup>(1)</sup> | 11/15/50 | 6879278 | 6911076 |
|  Cedar Funding V CLO Ltd. Series 2016-5A, Class BR<br>5.89% (3 mo. USD Term SOFR + 2.012%)<sup>(1),(2)</sup> | 07/17/31 | 7000000 | 7004487 |
|  CIFC Funding Ltd. Series 2014-1A, Class BR2<br>5.55% (3 mo. USD Term SOFR + 1.662%)<sup>(1),(2)</sup> | 01/18/31 | 8000000 | 8015880 |
|  CIFC Funding Ltd. Series 2017-4A, Class A2R<br>5.68% (3 mo. USD Term SOFR + 1.812%)<sup>(1),(2)</sup> | 10/24/30 | 3475000 | 3477783 |
|  CIFC Funding Ltd. Series 2020-2A, Class BR<br>5.75% (3 mo. USD Term SOFR + 1.862%)<sup>(1),(2)</sup> | 10/20/34 | 9000000 | 9008838 |
|  CIFC Funding Ltd. Series 2021-6A, Class B<br>5.82% (3 mo. USD Term SOFR + 1.912%)<sup>(1),(2)</sup> | 10/15/34 | 20000000 | 20038920 |
|  CIFC Funding Ltd. Series 2022-1A, Class A<br>5.20% (3 mo. USD Term SOFR + 1.320%)<sup>(1),(2)</sup> | 04/17/35 | 25000000 | 25028125 |
|  CIFC Funding Ltd. Series 2023-2A, Class A<br>5.62% (3 mo. USD Term SOFR + 1.750%)<sup>(1),(2)</sup> | 01/21/37 | 14000000 | 14012614 |
|  CIT Education Loan Trust Series 2007-1, Class B<br>4.61% (90 day USD SOFR Average + 0.562%)<sup>(1),(2)</sup> | 06/25/42 | 4591452 | 4280558 |
|  Dryden 40 Senior Loan Fund Series 2015-40A, Class AR2<br>5.00% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 08/15/31 | 6389296 | 6393494 |
|  Dryden 65 CLO Ltd. Series 2018-65A, Class B<br>5.75% (3 mo. USD Term SOFR + 1.862%)<sup>(1),(2)</sup> | 07/18/30 | 3500000 | 3504442 |
|  Dryden 92 CLO Ltd. Series 2021-92A, Class B<br>5.80% (3 mo. USD Term SOFR + 1.912%)<sup>(1),(2)</sup> | 11/20/34 | 22500000 | 22528305 |
|  Dryden XXVI Senior Loan Fund Series 2013-26A, Class AR<br>5.07% (3 mo. USD Term SOFR + 1.162%)<sup>(1),(2)</sup> | 04/15/29 | 1359941 | 1360554 |
|  Goal Capital Funding Trust Series 2006-1, Class B<br>5.30% (3 mo. USD LIBOR + 0.450%)<sup>(2)</sup> | 08/25/42 | 801765 | 780511 |
|  HPS Loan Management Ltd. Series 2021-16A, Class BR<br>5.51% (3 mo. USD Term SOFR + 1.650%)<sup>(1),(2)</sup> | 01/23/35 | 17750000 | 17775010 |
|  JGWPT XXX LLC Series 2013-3A, Class A<br>4.08%<sup>(1)</sup> | 01/17/73 | 393484 | 376644 |
|  JGWPT XXXII LLC Series 2014-2A, Class A<br>3.61%<sup>(1)</sup> | 01/17/73 | 25268556 | 23151435 |
|  LCM Loan Income Fund I Ltd. Series 1A, Class B<br>5.60% (3 mo. USD Term SOFR + 1.712%)<sup>(1),(2)</sup> | 04/20/31 | 7500000 | 7506698 |
|  Madison Park Funding XLIX Ltd. Series 2021-49A, Class AR<br>4.93% (3 mo. USD Term SOFR + 1.050%)<sup>(1),(2)</sup> | 10/19/34 | 40000000 | 40010040 |
|  Madison Park Funding XLVI Ltd. Series 2020-46A, Class B1R<br>5.40% (3 mo. USD Term SOFR + 1.500%)<sup>(1),(2)</sup> | 10/15/34 | 33270000 | 33299943 |
|  Madison Park Funding XXVII Ltd. Series 2018-27A, Class A2R<br>5.38% (3 mo. USD Term SOFR + 1.500%)<sup>(1),(2)</sup> | 04/20/38 | 32300000 | 32316796 |
|  Madison Park Funding XXXVI Ltd. Series 2019-36A, Class B1R<br>5.45% (3 mo. USD Term SOFR + 1.550%)<sup>(1),(2)</sup> | 04/15/35 | 13350000 | 13361121 |
|  Magnetite XXIII Ltd. Series 2019-23A, Class BR<br>5.77% (3 mo. USD Term SOFR + 1.912%)<sup>(1),(2)</sup> | 01/25/35 | 20000000 | 20032820 |
|  Magnetite XXV Ltd. Series 2020-25A, Class A<br>5.32% (3 mo. USD Term SOFR + 1.462%)<sup>(1),(2)</sup> | 01/25/32 | 11470541 | 11477354 |
|  NCFA LLC<br>2.75%<sup>(5)</sup> | 06/12/28 | 12321417 | 12321417 |
|  Neuberger Berman Loan Advisers CLO 43Ltd. Series 2021-43A, Class AR<br>4.93% (3 mo. USD Term SOFR + 1.050%)<sup>(1),(2)</sup> | 07/17/36 | 35000000 | 35032165 |
|  Octagon 64 Ltd. Series 2022-1A, Class B1R<br>5.57% (3 mo. USD Term SOFR + 1.700%)<sup>(1),(2)</sup> | 07/21/37 | 18250000 | 18278817 |
|  Octagon Investment Partners 27 Ltd. Series 2016-1A, Class A2R<br>5.52% (3 mo. USD Term SOFR + 1.612%)<sup>(1),(2)</sup> | 07/15/30 | 10000000 | 10003250 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **ASSET-BACKED SECURITIES (Continued)**  | **ASSET-BACKED SECURITIES (Continued)**  |  |  |
|  Octagon Investment Partners 44 Ltd. Series 2019-1A, Class BR2<br>5.60% (3 mo. USD Term SOFR + 1.700%)<sup>(1),(2)</sup> | 10/15/34 | $18750000 | $18775387 |
|  Palmer Square CLO Ltd. Series 2018-1A, Class A1R<br>5.40% (3 mo. USD Term SOFR + 1.520%)<sup>(1),(2)</sup> | 04/18/37 | 22000000 | 22063954 |
|  Providus CLO V DAC Series 5A, Class BR<br>3.88% (3 mo. EUR EURIBOR + 1.800%)<sup>(1),(2)</sup> | 11/15/39 | EUR 8,500,000 | 10000250 |
|  Rad CLO 18 Ltd. Series 2023-18A, Class A1R<br>5.30% (3 mo. USD Term SOFR+ 1.400%)<sup>(1),(2)</sup> | 07/15/37 | 22150000 | 22187744 |
|  Rockford Tower CLO Ltd. Series 2017-3A, Class A<br>5.34% (3 mo. USD Term SOFR + 1.452%)<sup>(1),(2)</sup> | 10/20/30 | 445417 | 445602 |
|  Rockford Tower CLO Ltd. Series 2020-1A, Class A1RR<br>4.97% (3 mo. USD Term SOFR + 1.090%)<sup>(1),(2)</sup> | 01/20/36 | 22730000 | 22719476 |
|  RR 26 Ltd. Series 2023-26A, Class A1R<br>5.02% (3 mo. USD Term SOFR + 1.120%)<sup>(1),(2)</sup> | 04/15/38 | 34500000 | 34463361 |
|  Skyline Aviation, Inc. Class A<br>3.23%<sup>(5)</sup> | 07/03/38 | 23082448 | 21828148 |
|  SLC Student Loan Trust Series 2004-1, Class B<br>4.81% (90 day USD SOFR Average + 0.552%)<sup>(2)</sup> | 08/15/31 | 160966 | 141879 |
|  SLM Student Loan Trust Series 2003-12, Class B<br>4.98% (90 day USD SOFR Average + 0.852%)<sup>(2)</sup> | 12/15/68 | 22946 | 22168 |
|  SLM Student Loan Trust Series 2006-2, Class A6<br>4.74% (90 day USD SOFR Average + 0.432%)<sup>(2)</sup> | 01/25/41 | 15303569 | 14961378 |
|  SLM Student Loan Trust Series 2006-8, Class A6<br>4.73% (90 day USD SOFR Average + 0.422%)<sup>(2)</sup> | 01/25/41 | 16615013 | 16111410 |
|  SLM Student Loan Trust Series 2007-1, Class A6<br>4.71% (90 day USD SOFR Average + 0.402%)<sup>(2)</sup> | 01/27/42 | 16451248 | 15910344 |
|  SLM Student Loan Trust Series 2007-1, Class B<br>4.79% (90 day USD SOFR Average + 0.482%)<sup>(2)</sup> | 01/27/42 | 1922990 | 1789713 |
|  SLM Student Loan Trust Series 2007-6, Class B<br>5.42% (90 day USD SOFR Average + 1.112%)<sup>(2)</sup> | 04/27/43 | 2384660 | 2248324 |
|  SLM Student Loan Trust Series 2007-7, Class A4<br>4.90% (90 day USD SOFR Average + 0.592%)<sup>(2)</sup> | 01/25/49 | 79818 | 79062 |
|  SLM Student Loan Trust Series 2008-2, Class B<br>5.77% (90 day USD SOFR Average + 1.462%)<sup>(2)</sup> | 01/25/83 | 38874000 | 40971132 |
|  SLM Student Loan Trust Series 2008-3, Class A3<br>5.57% (90 day USD SOFR Average + 1.262%)<sup>(2)</sup> | 10/25/21 | 5112 | 5112 |
|  SLM Student Loan Trust Series 2008-3, Class B<br>5.77% (90 day USD SOFR Average + 1.462%)<sup>(2)</sup> | 04/26/83 | 2260000 | 2334147 |
|  SLM Student Loan Trust Series 2008-4, Class A4<br>6.22% (90 day USD SOFR Average + 1.912%)<sup>(2)</sup> | 07/25/22 | 581175 | 583249 |
|  SLM Student Loan Trust Series 2008-4, Class B<br>6.42% (90 day USD SOFR Average + 2.112%)<sup>(2)</sup> | 04/25/73 | 8849000 | 9289231 |
|  SLM Student Loan Trust Series 2008-5, Class A4<br>6.27% (90 day USD SOFR Average + 1.962%)<sup>(2)</sup> | 07/25/23 | 7125049 | 7171902 |
|  SLM Student Loan Trust Series 2008-5, Class B<br>6.42% (90 day USD SOFR Average + 2.112%)<sup>(2)</sup> | 07/25/73 | 37199000 | 39171462 |
|  SLM Student Loan Trust Series 2008-6, Class B<br>6.42% (90 day USD SOFR Average + 2.112%)<sup>(2)</sup> | 07/26/83 | 31424000 | 32411147 |
|  SLM Student Loan Trust Series 2008-7, Class B<br>6.42% (90 day USD SOFR Average + 2.112%)<sup>(2)</sup> | 07/26/83 | 17206000 | 17124077 |
|  SLM Student Loan Trust Series 2012-1, Class A3<br>4.94% (30 day USD SOFR Average + 1.064%)<sup>(2)</sup> | 09/25/28 | 282991 | 280179 |
|  SLM Student Loan Trust Series 2012-2, Class A<br>4.69% (30 day USD SOFR Average + 0.814%)<sup>(2)</sup> | 01/25/29 | 6478844 | 6374162 |
|  SLM Student Loan Trust Series 2012-7, Class A3<br>4.64% (30 day USD SOFR Average + 0.764%)<sup>(2)</sup> | 05/26/26 | 11126359 | 10789499 |
|  Symphony CLO XX Ltd. Series 2018-20A, Class AR2<br>4.99% (3 mo. USD Term SOFR + 1.100%)<sup>(1),(2)</sup> | 01/16/32 | 22538535 | 22544778 |
|  Trestles CLO VIII Ltd. Series 2025-8A, Class A1<br>5.63% (3 mo. USD Term SOFR + 1.330%)<sup>(1),(2)</sup> | 06/11/35 | 20000000 | 20047540 |
|  United Auto Credit Securitization Trust Series 2022-2, Class R1<br>0.00%<sup>(1),(4),(6)</sup> | 04/10/29 | 33600 | 2 |
|  Vantage Data Centers Jersey Borrower SPV Ltd. Series 2024-1A, Class A2<br>6.17%<sup>(1)</sup> | 05/28/39 | GBP 12,435,000 | 17144403 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **ASSET-BACKED SECURITIES (Continued)**  | **ASSET-BACKED SECURITIES (Continued)**  |  |  |
|  Voya CLO Ltd. Series 2019-4A, Class BR<br>5.92% (3 mo. USD Term SOFR + 2.012%)<sup>(1),(2)</sup> | 01/15/35 | $17500000 | $17518883 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-backed Securities** (Cost: $926,432,535) |  |  | 952186329 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **35.0%** |  |  |  |
|  Federal Home Loan Mortgage Corp., Pool #RA4201<br>2.00% | 12/01/50 | 7246720 | 5922985 |
|  Federal Home Loan Mortgage Corp., Pool #SD8121<br>2.00% | 01/01/51 | 99113 | 80991 |
|  Federal Home Loan Mortgage Corp., Pool #RA4398<br>2.00% | 01/01/51 | 63882085 | 52212949 |
|  Federal Home Loan Mortgage Corp., Pool #SD3302<br>2.00% | 10/01/51 | 51504976 | 42003259 |
|  Federal Home Loan Mortgage Corp., Pool #SD8182<br>2.00% | 12/01/51 | 23005617 | 18725771 |
|  Federal Home Loan Mortgage Corp., Pool #QD3162<br>2.00% | 12/01/51 | 119747700 | 97512281 |
|  Federal Home Loan Mortgage Corp., Pool #RA6507<br>2.00% | 12/01/51 | 108306010 | 88171969 |
|  Federal Home Loan Mortgage Corp., Pool #SD8188<br>2.00% | 01/01/52 | 36406436 | 29620856 |
|  Federal Home Loan Mortgage Corp., Pool #SD8193<br>2.00% | 02/01/52 | 68653277 | 55893608 |
|  Federal Home Loan Mortgage Corp., Pool #QD7213<br>2.00% | 02/01/52 | 85146847 | 69269202 |
|  Federal Home Loan Mortgage Corp., Pool #SD1178<br>2.00% | 03/01/52 | 14109803 | 11475033 |
|  Federal Home Loan Mortgage Corp., Pool #QE0312<br>2.00% | 04/01/52 | 5630128 | 4580257 |
|  Federal Home Loan Mortgage Corp., Pool #SD8211<br>2.00% | 05/01/52 | 10270458 | 8355288 |
|  Federal Home Loan Mortgage Corp., Pool #RA5285<br>2.50% | 05/01/51 | 95014352 | 81525211 |
|  Federal Home Loan Mortgage Corp., Pool #SD8189<br>2.50% | 01/01/52 | 298995796 | 254491997 |
|  Federal Home Loan Mortgage Corp., Pool #SD8205<br>2.50% | 04/01/52 | 202225191 | 172221189 |
|  Federal Home Loan Mortgage Corp., Pool #QE0521<br>2.50% | 04/01/52 | 2486280 | 2115539 |
|  Federal Home Loan Mortgage Corp., Pool #C04546<br>3.00% | 02/01/43 | 7949799 | 7343272 |
|  Federal Home Loan Mortgage Corp., Pool #C04573<br>3.00% | 03/01/43 | 9405354 | 8695373 |
|  Federal Home Loan Mortgage Corp., Pool #G08710<br>3.00% | 06/01/46 | 64948726 | 59086809 |
|  Federal Home Loan Mortgage Corp., Pool #G08715<br>3.00% | 08/01/46 | 89311741 | 81250951 |
|  Federal Home Loan Mortgage Corp., Pool #G08721<br>3.00% | 09/01/46 | 8989655 | 8178298 |
|  Federal Home Loan Mortgage Corp., Pool #ZM1779<br>3.00% | 09/01/46 | 9814148 | 8917576 |
|  Federal Home Loan Mortgage Corp., Pool #G08726<br>3.00% | 10/01/46 | 97112743 | 88347877 |
|  Federal Home Loan Mortgage Corp., Pool #G08732<br>3.00% | 11/01/46 | 59767890 | 54373567 |
|  Federal Home Loan Mortgage Corp., Pool #ZM2285<br>3.00% | 12/01/46 | 11592184 | 10533179 |
|  Federal Home Loan Mortgage Corp., Pool #ZS4693<br>3.00% | 12/01/46 | 11662246 | 10596840 |
|  Federal Home Loan Mortgage Corp., Pool #G08741<br>3.00% | 01/01/47 | 38096859 | 34658445 |
|  Federal Home Loan Mortgage Corp., Pool #G08747<br>3.00% | 02/01/47 | 13487862 | 12270521 |
|  Federal Home Loan Mortgage Corp., Pool #RE6029<br>3.00% | 02/01/50 | 3171238 | 2807846 |
|  Federal Home Loan Mortgage Corp., Pool #SD8213<br>3.00% | 05/01/52 | 120219465 | 106810755 |
|  Federal Home Loan Mortgage Corp., Pool #SD8220<br>3.00% | 06/01/52 | 53596338 | 47612221 |
|  Federal Home Loan Mortgage Corp., Pool #SD3890<br>3.00% | 08/01/52 | 82217187 | 73183819 |
|  Federal Home Loan Mortgage Corp., Pool #SD4636<br>3.00% | 01/01/53 | 92601974 | 82284362 |
|  Federal Home Loan Mortgage Corp., Pool #G07408<br>3.50% | 06/01/43 | 8562928 | 8204560 |
|  Federal Home Loan Mortgage Corp., Pool #U99097<br>3.50% | 07/01/43 | 21115435 | 20104380 |
|  Federal Home Loan Mortgage Corp., Pool #V80356<br>3.50% | 08/01/43 | 15076175 | 14435433 |
|  Federal Home Loan Mortgage Corp., Pool #G07848<br>3.50% | 04/01/44 | 42607549 | 40796716 |
|  Federal Home Loan Mortgage Corp., Pool #G07849<br>3.50% | 05/01/44 | 5736089 | 5486209 |
|  Federal Home Loan Mortgage Corp., Pool #G07924<br>3.50% | 01/01/45 | 6367244 | 6085049 |
|  Federal Home Loan Mortgage Corp., Pool #G60023<br>3.50% | 04/01/45 | 6808709 | 6515560 |
|  Federal Home Loan Mortgage Corp., Pool #G60138<br>3.50% | 08/01/45 | 57026440 | 54336306 |
|  Federal Home Loan Mortgage Corp., Pool #G60238<br>3.50% | 10/01/45 | 21948939 | 20887954 |
|  Federal Home Loan Mortgage Corp., Pool #G08676<br>3.50% | 11/01/45 | 16043292 | 15163733 |
|  Federal Home Loan Mortgage Corp., Pool #G08681<br>3.50% | 12/01/45 | 10704660 | 10117788 |
|  Federal Home Loan Mortgage Corp., Pool #G08698<br>3.50% | 03/01/46 | 553 | 522 |
|  Federal Home Loan Mortgage Corp., Pool #G08711<br>3.50% | 06/01/46 | 4529274 | 4278674 |
|  Federal Home Loan Mortgage Corp., Pool #G67700<br>3.50% | 08/01/46 | 16971854 | 16070619 |
|  Federal Home Loan Mortgage Corp., Pool #G08722<br>3.50% | 09/01/46 | 20233014 | 19113544 |
|  Federal Home Loan Mortgage Corp., Pool #G08727<br>3.50% | 10/01/46 | 17629110 | 16653711 |
|  Federal Home Loan Mortgage Corp., Pool #ZT0277<br>3.50% | 10/01/46 | 1138100 | 1074503 |
|  Federal Home Loan Mortgage Corp., Pool #G08742<br>3.50% | 01/01/47 | 28910120 | 27310554 |
|  Federal Home Loan Mortgage Corp., Pool #G08757<br>3.50% | 04/01/47 | 10474414 | 9850874 |
|  Federal Home Loan Mortgage Corp., Pool #G67703<br>3.50% | 04/01/47 | 122285960 | 115792364 |
|  Federal Home Loan Mortgage Corp., Pool #G08779<br>3.50% | 09/01/47 | 40442 | 38035 |
|  Federal Home Loan Mortgage Corp., Pool #G08784<br>3.50% | 10/01/47 | 35918 | 33780 |
|  Federal Home Loan Mortgage Corp., Pool #G08792<br>3.50% | 12/01/47 | 30726 | 28897 |
|  Federal Home Loan Mortgage Corp., Pool #ZA5103<br>3.50% | 12/01/47 | 93899 | 88199 |
|  Federal Home Loan Mortgage Corp., Pool #ZA5128<br>3.50% | 12/01/47 | 326125 | 306327 |
|  Federal Home Loan Mortgage Corp., Pool #G67707<br>3.50% | 01/01/48 | 63154850 | 59804946 |
|  Federal Home Loan Mortgage Corp., Pool #ZS4768<br>3.50% | 05/01/48 | 785130 | 736493 |
|  Federal Home Loan Mortgage Corp., Pool #SD7502<br>3.50% | 07/01/49 | 5207109 | 4883457 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** |  |
|  Federal Home Loan Mortgage Corp., Pool #SD7503<br>3.50% | 08/01/49 | $11490331 | $10783670 |
|  Federal Home Loan Mortgage Corp., Pool #SD7511<br>3.50% | 01/01/50 | 12045355 | 11304559 |
|  Federal Home Loan Mortgage Corp., Pool #A97038<br>4.00% | 02/01/41 | 3903070 | 3832021 |
|  Federal Home Loan Mortgage Corp., Pool #G06361<br>4.00% | 03/01/41 | 7966 | 7829 |
|  Federal Home Loan Mortgage Corp., Pool #G06499<br>4.00% | 03/01/41 | 3436211 | 3376766 |
|  Federal Home Loan Mortgage Corp., Pool #G06498<br>4.00% | 04/01/41 | 7935397 | 7798164 |
|  Federal Home Loan Mortgage Corp., Pool #Q05804<br>4.00% | 01/01/42 | 13317333 | 13074931 |
|  Federal Home Loan Mortgage Corp., Pool #G07786<br>4.00% | 08/01/44 | 68220874 | 66863572 |
|  Federal Home Loan Mortgage Corp., Pool #G07925<br>4.00% | 02/01/45 | 4534952 | 4436161 |
|  Federal Home Loan Mortgage Corp., Pool #G60344<br>4.00% | 12/01/45 | 53213 | 51801 |
|  Federal Home Loan Mortgage Corp., Pool #G08758<br>4.00% | 04/01/47 | 8078 | 7817 |
|  Federal Home Loan Mortgage Corp., Pool #G08762<br>4.00% | 05/01/47 | 8080972 | 7819452 |
|  Federal Home Loan Mortgage Corp., Pool #G67711<br>4.00% | 03/01/48 | 36060286 | 35032535 |
|  Federal Home Loan Mortgage Corp., Pool #G67713<br>4.00% | 06/01/48 | 320604 | 311046 |
|  Federal Home Loan Mortgage Corp., Pool #G67714<br>4.00% | 07/01/48 | 52662 | 51132 |
|  Federal Home Loan Mortgage Corp., Pool #G67717<br>4.00% | 11/01/48 | 44004401 | 42726449 |
|  Federal Home Loan Mortgage Corp., Pool #SD8286<br>4.00% | 01/01/53 | 41176360 | 39250360 |
|  Federal Home Loan Mortgage Corp., Pool #G05866<br>4.50% | 02/01/40 | 5454128 | 5487438 |
|  Federal Home Loan Mortgage Corp., Pool #G08843<br>4.50% | 10/01/48 | 4053762 | 4030918 |
|  Federal Home Loan Mortgage Corp., Pool #G08848<br>4.50% | 11/01/48 | 694223 | 690310 |
|  Federal Home Loan Mortgage Corp., Pool #SD2322<br>4.50% | 09/01/52 | 65908149 | 64684754 |
|  Federal Home Loan Mortgage Corp., Pool #SD8245<br>4.50% | 09/01/52 | 90180831 | 88509315 |
|  Federal Home Loan Mortgage Corp., Pool #SD8257<br>4.50% | 10/01/52 | 70739339 | 69481451 |
|  Federal Home Loan Mortgage Corp., Pool #SD8266<br>4.50% | 11/01/52 | 208327729 | 204401793 |
|  Federal Home Loan Mortgage Corp., Pool #SD2148<br>4.50% | 01/01/53 | 41750830 | 40999030 |
|  Federal Home Loan Mortgage Corp., Pool #SL1660<br>4.50% | 10/01/53 | 60591683 | 59459220 |
|  Federal Home Loan Mortgage Corp., Pool #G01515<br>5.00% | 02/01/33 | 154935 | 158174 |
|  Federal Home Loan Mortgage Corp., Pool #C01492<br>5.00% | 02/01/33 | 119540 | 122044 |
|  Federal Home Loan Mortgage Corp., Pool #A54856<br>5.00% | 01/01/34 | 984311 | 1005863 |
|  Federal Home Loan Mortgage Corp., Pool #G02579<br>5.00% | 12/01/34 | 256436 | 262391 |
|  Federal Home Loan Mortgage Corp., Pool #A61164<br>5.00% | 04/01/36 | 2642 | 2703 |
|  Federal Home Loan Mortgage Corp., Pool #G08826<br>5.00% | 06/01/48 | 5879431 | 5980956 |
|  Federal Home Loan Mortgage Corp., Pool #G08833<br>5.00% | 07/01/48 | 3268188 | 3327703 |
|  Federal Home Loan Mortgage Corp., Pool #G08840<br>5.00% | 08/01/48 | 514113 | 522991 |
|  Federal Home Loan Mortgage Corp., Pool #G08838<br>5.00% | 09/01/48 | 1628691 | 1656815 |
|  Federal Home Loan Mortgage Corp., Pool #G08844<br>5.00% | 10/01/48 | 4625324 | 4705194 |
|  Federal Home Loan Mortgage Corp., Pool #G08849<br>5.00% | 11/01/48 | 1612670 | 1640518 |
|  Federal Home Loan Mortgage Corp., Pool #A25162<br>5.50% | 05/01/34 | 529261 | 547120 |
|  Federal Home Loan Mortgage Corp., Pool #A39012<br>5.50% | 06/01/35 | 11529 | 12021 |
|  Federal Home Loan Mortgage Corp., Pool #G02955<br>5.50% | 03/01/37 | 1143661 | 1193558 |
|  Federal Home Loan Mortgage Corp., Pool #H00790<br>5.50% | 05/01/37 | 1960 | 2046 |
|  Federal Home Loan Mortgage Corp., Pool #H05069<br>5.50% | 05/01/37 | 55266 | 57680 |
|  Federal Home Loan Mortgage Corp., Pool #G03357<br>5.50% | 08/01/37 | 258332 | 269565 |
|  Federal Home Loan Mortgage Corp., Pool #G03676<br>5.50% | 12/01/37 | 874906 | 912952 |
|  Federal Home Loan Mortgage Corp., Pool #G03783<br>5.50% | 01/01/38 | 571829 | 596695 |
|  Federal Home Loan Mortgage Corp., Pool #G04438<br>5.50% | 05/01/38 | 1754432 | 1838606 |
|  Federal Home Loan Mortgage Corp., Pool #G04703<br>5.50% | 08/01/38 | 1439959 | 1509100 |
|  Federal Home Loan Mortgage Corp., Pool #G04706<br>5.50% | 09/01/38 | 56840 | 59562 |
|  Federal Home Loan Mortgage Corp., Pool #SD8362<br>5.50% | 09/01/53 | 146174933 | 148638846 |
|  Federal Home Loan Mortgage Corp., Pool #G02884<br>6.00% | 04/01/37 | 863024 | 916183 |
|  Federal Home Loan Mortgage Corp., Pool #G03985<br>6.00% | 03/01/38 | 4672 | 4980 |
|  Federal Home Loan Mortgage Corp., Pool #C46104<br>6.50% | 09/01/29 | 1261 | 1281 |
|  Federal Home Loan Mortgage Corp., Pool #A24156<br>6.50% | 10/01/31 | 15306 | 15775 |
|  Federal Home Loan Mortgage Corp., Pool #G00992<br>7.00% | 11/01/28 | 94 | 96 |
|  Federal Home Loan Mortgage Corp. REMICS Series 1980, Class Z<br>7.00% | 07/15/27 | 3825 | 3871 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2098, Class TZ (TAC)<br>6.00% | 01/15/28 | 21160 | 21235 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2174, Class PN (PAC)<br>6.00% | 07/15/29 | 3110 | 3183 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2313, Class LA<br>6.50% | 05/15/31 | 937 | 949 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2433, Class SA (I/F) (PAC)<br>10.27% (-30 day USD SOFR Average + 20.632%)<sup>(2)</sup> | 02/15/32 | 2129 | 2360 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2481, Class AW<br>6.50% | 08/15/32 | 951 | 959 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** |  |
|  Federal Home Loan Mortgage Corp. REMICS Series 3019, Class SW (I/O) (I/F)<br>3.10% (-30 day USD SOFR Average + 7.086%)<sup>(2)</sup> | 08/15/35 | $398660 | $43707 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3063, Class YG (PAC)<br>5.50% | 11/15/35 | 1087897 | 1114805 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3300, Class SA (I/O) (I/F)<br>3.10% (-30 day USD SOFR Average + 7.086%)<sup>(2)</sup> | 08/15/35 | 176257 | 19324 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3752, Class XL (PAC)<br>4.50% | 11/15/40 | 19483722 | 19581726 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3891, Class HS (I/O) (I/F)<br>1.85% (-30 day USD SOFR Average + 5.836%)<sup>(2)</sup> | 07/15/41 | 2152166 | 188543 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3904, Class JB (PAC)<br>4.50% | 08/15/41 | 4434815 | 4453657 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3925, Class LB (PAC)<br>4.50% | 09/15/41 | 9215000 | 9234355 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3928, Class JD (PAC)<br>4.00% | 09/15/41 | 9488349 | 9455633 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4102, Class TC (PAC)<br>2.50% | 09/15/41 | 2291045 | 2257564 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4161, Class BA (PAC)<br>2.50% | 12/15/41 | 3150967 | 3111506 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4656, Class EZ<br>4.00% | 02/15/47 | 204629 | 197358 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4818, Class CA<br>3.00% | 04/15/48 | 909455 | 819724 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4846, Class PA<br>4.00% | 06/15/47 | 17892 | 17854 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4852, Class CA (PAC)<br>4.00% | 11/15/47 | 3742476 | 3736588 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4860, Class BH (PAC)<br>3.50% | 10/15/48 | 1821486 | 1783814 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4860, Class PA (PAC)<br>3.50% | 02/15/49 | 1670689 | 1574905 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4879, Class BC (PAC)<br>3.00% | 04/15/49 | 569978 | 526607 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4896, Class DA<br>3.00% | 01/15/49 | 539799 | 493454 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4937, Class MF<br>4.44% (30 day USD SOFR Average + 0.564%)<sup>(2)</sup> | 12/25/49 | 4034792 | 3961953 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 309 (P/O)<br>0.00%<sup>(6)</sup> | 08/15/43 | 8722847 | 6785229 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 319, Class F2<br>4.60% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 11/15/43 | 1560819 | 1550554 |
|  Federal National Mortgage Association, Pool #MA4128<br>2.00% | 09/01/40 | 99146606 | 87771870 |
|  Federal National Mortgage Association, Pool #MA4333<br>2.00% | 05/01/41 | 58285566 | 51291100 |
|  Federal National Mortgage Association, Pool #MA4158<br>2.00% | 10/01/50 | 146727341 | 120053342 |
|  Federal National Mortgage Association, Pool #MA4237<br>2.00% | 01/01/51 | 1991365 | 1629213 |
|  Federal National Mortgage Association, Pool #MA4281<br>2.00% | 03/01/51 | 32409198 | 26486895 |
|  Federal National Mortgage Association, Pool #MA4305<br>2.00% | 04/01/51 | 72936441 | 59582908 |
|  Federal National Mortgage Association, Pool #CB2365<br>2.00% | 09/01/51 | 138105263 | 112579157 |
|  Federal National Mortgage Association, Pool #BQ6913<br>2.00% | 12/01/51 | 384241936 | 312491314 |
|  Federal National Mortgage Association, Pool #MA4492<br>2.00% | 12/01/51 | 80519543 | 65540104 |
|  Federal National Mortgage Association, Pool #BQ7006<br>2.00% | 01/01/52 | 37599104 | 30604361 |
|  Federal National Mortgage Association, Pool #BU1452<br>2.00% | 01/01/52 | 63328473 | 51502936 |
|  Federal National Mortgage Association, Pool #CB2767<br>2.00% | 01/01/52 | 61813968 | 50602322 |
|  Federal National Mortgage Association, Pool #MA4547<br>2.00% | 02/01/52 | 16120292 | 13122035 |
|  Federal National Mortgage Association, Pool #FS1622<br>2.00% | 03/01/52 | 144004647 | 117337859 |
|  Federal National Mortgage Association, Pool #CB0610<br>2.50% | 05/01/51 | 49586695 | 42641729 |
|  Federal National Mortgage Association, Pool #CB2313<br>2.50% | 12/01/51 | 125319692 | 107534749 |
|  Federal National Mortgage Association, Pool #MA4493<br>2.50% | 12/01/51 | 127019213 | 108152531 |
|  Federal National Mortgage Association, Pool #FS2536<br>2.50% | 02/01/52 | 3207702 | 2731577 |
|  Federal National Mortgage Association, Pool #MA4563<br>2.50% | 03/01/52 | 183807098 | 156412993 |
|  Federal National Mortgage Association, Pool #BV2994<br>2.50% | 04/01/52 | 2301510 | 1958321 |
|  Federal National Mortgage Association, Pool #MA4578<br>2.50% | 04/01/52 | 212582148 | 180883000 |
|  Federal National Mortgage Association, Pool #MA1432<br>3.00% | 05/01/33 | 23590 | 22948 |
|  Federal National Mortgage Association, Pool #MA1459<br>3.00% | 06/01/33 | 11238 | 10929 |
|  Federal National Mortgage Association, Pool #MA1527<br>3.00% | 08/01/33 | 16481778 | 16019780 |
|  Federal National Mortgage Association, Pool #MA1561<br>3.00% | 09/01/33 | 10419991 | 10125649 |
|  Federal National Mortgage Association, Pool #AB6385<br>3.00% | 10/01/42 | 167883 | 155447 |
|  Federal National Mortgage Association, Pool #AL8256<br>3.00% | 08/01/43 | 267597 | 247981 |
|  Federal National Mortgage Association, Pool #AL7092<br>3.00% | 07/01/45 | 29103 | 26722 |
|  Federal National Mortgage Association, Pool #MA2895<br>3.00% | 02/01/47 | 32296 | 29346 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** |  |
|  Federal National Mortgage Association, Pool #FM2310<br>3.00% | 01/01/48 | $7168285 | $6493710 |
|  Federal National Mortgage Association, Pool #BM5507<br>3.00% | 09/01/48 | 4506726 | 4095013 |
|  Federal National Mortgage Association, Pool #MA3811<br>3.00% | 10/01/49 | 4780753 | 4232927 |
|  Federal National Mortgage Association, Pool #MA3846<br>3.00% | 11/01/49 | 26154 | 23157 |
|  Federal National Mortgage Association, Pool #MA3942<br>3.00% | 02/01/50 | 9273566 | 8210910 |
|  Federal National Mortgage Association, Pool #MA3997<br>3.00% | 04/01/50 | 11594337 | 10139355 |
|  Federal National Mortgage Association, Pool #CA5689<br>3.00% | 05/01/50 | 46325410 | 41861973 |
|  Federal National Mortgage Association, Pool #BV8459<br>3.00% | 04/01/52 | 91734856 | 81503185 |
|  Federal National Mortgage Association, Pool #FS3275<br>3.00% | 04/01/52 | 17001230 | 15106971 |
|  Federal National Mortgage Association, Pool #CB3582<br>3.00% | 05/01/52 | 13858601 | 12329302 |
|  Federal National Mortgage Association, Pool #FS5494<br>3.00% | 07/01/52 | 52021654 | 46213353 |
|  Federal National Mortgage Association, Pool #AB4262<br>3.50% | 01/01/32 | 1553352 | 1537407 |
|  Federal National Mortgage Association, Pool #MA1584<br>3.50% | 09/01/33 | 15781842 | 15539313 |
|  Federal National Mortgage Association, Pool #MA1608<br>3.50% | 10/01/33 | 10978927 | 10810355 |
|  Federal National Mortgage Association, Pool #MA1982<br>3.50% | 08/01/34 | 22900 | 22497 |
|  Federal National Mortgage Association, Pool #AB3679<br>3.50% | 10/01/41 | 4626930 | 4446935 |
|  Federal National Mortgage Association, Pool #AB4045<br>3.50% | 12/01/41 | 4328567 | 4163883 |
|  Federal National Mortgage Association, Pool #AL2521<br>3.50% | 09/01/42 | 58127 | 55425 |
|  Federal National Mortgage Association, Pool #MA1177<br>3.50% | 09/01/42 | 17917978 | 17061919 |
|  Federal National Mortgage Association, Pool #MA1404<br>3.50% | 04/01/43 | 37618 | 35774 |
|  Federal National Mortgage Association, Pool #AB9703<br>3.50% | 06/01/43 | 8210632 | 7808254 |
|  Federal National Mortgage Association, Pool #MA1582<br>3.50% | 09/01/43 | 6199049 | 5895253 |
|  Federal National Mortgage Association, Pool #AL6348<br>3.50% | 02/01/45 | 18972 | 18043 |
|  Federal National Mortgage Association, Pool #BD2450<br>3.50% | 01/01/47 | 34047 | 32125 |
|  Federal National Mortgage Association, Pool #CA0862<br>3.50% | 09/01/47 | 1725470 | 1620814 |
|  Federal National Mortgage Association, Pool #MA3120<br>3.50% | 09/01/47 | 902132 | 847415 |
|  Federal National Mortgage Association, Pool #CA1191<br>3.50% | 11/01/47 | 2048819 | 1924551 |
|  Federal National Mortgage Association, Pool #MA3182<br>3.50% | 11/01/47 | 19148709 | 17987267 |
|  Federal National Mortgage Association, Pool #MA3210<br>3.50% | 12/01/47 | 33395180 | 31369635 |
|  Federal National Mortgage Association, Pool #CA0996<br>3.50% | 01/01/48 | 23742 | 22385 |
|  Federal National Mortgage Association, Pool #MA3238<br>3.50% | 01/01/48 | 29099205 | 27334227 |
|  Federal National Mortgage Association, Pool #CA1187<br>3.50% | 02/01/48 | 27034549 | 25393332 |
|  Federal National Mortgage Association, Pool #MA3276<br>3.50% | 02/01/48 | 11393261 | 10702216 |
|  Federal National Mortgage Association, Pool #MA3305<br>3.50% | 03/01/48 | 15107437 | 14171575 |
|  Federal National Mortgage Association, Pool #FM2388<br>3.50% | 04/01/48 | 11775265 | 11116558 |
|  Federal National Mortgage Association, Pool #MA3332<br>3.50% | 04/01/48 | 41599976 | 39022978 |
|  Federal National Mortgage Association, Pool #CA3633<br>3.50% | 06/01/49 | 13186662 | 12392573 |
|  Federal National Mortgage Association, Pool #CA4011<br>3.50% | 08/01/49 | 12969063 | 11874637 |
|  Federal National Mortgage Association, Pool #FM2318<br>3.50% | 09/01/49 | 117666365 | 110429825 |
|  Federal National Mortgage Association, Pool #AB1613<br>4.00% | 10/01/40 | 11379720 | 11169731 |
|  Federal National Mortgage Association, Pool #AB1803<br>4.00% | 11/01/40 | 12711423 | 12477461 |
|  Federal National Mortgage Association, Pool #AH3780<br>4.00% | 02/01/41 | 5022353 | 4929914 |
|  Federal National Mortgage Association, Pool #AJ1404<br>4.00% | 09/01/41 | 6897722 | 6764033 |
|  Federal National Mortgage Association, Pool #MA1146<br>4.00% | 08/01/42 | 12888476 | 12605093 |
|  Federal National Mortgage Association, Pool #AT9649<br>4.00% | 07/01/43 | 91257 | 89364 |
|  Federal National Mortgage Association, Pool #AL9472<br>4.00% | 10/01/43 | 2598769 | 2548316 |
|  Federal National Mortgage Association, Pool #AL4597<br>4.00% | 01/01/44 | 21331617 | 20889188 |
|  Federal National Mortgage Association, Pool #MA2960<br>4.00% | 04/01/47 | 15300675 | 14788001 |
|  Federal National Mortgage Association, Pool #AS9830<br>4.00% | 06/01/47 | 18526671 | 17906352 |
|  Federal National Mortgage Association, Pool #MA3027<br>4.00% | 06/01/47 | 11595719 | 11207186 |
|  Federal National Mortgage Association, Pool #AS9972<br>4.00% | 07/01/47 | 16893913 | 16328262 |
|  Federal National Mortgage Association, Pool #CA2327<br>4.00% | 09/01/48 | 19024343 | 18470262 |
|  Federal National Mortgage Association, Pool #BM5164<br>4.00% | 11/01/48 | 19247867 | 18687275 |
|  Federal National Mortgage Association, Pool #BN4316<br>4.00% | 01/01/49 | 13660 | 13278 |
|  Federal National Mortgage Association, Pool #CB3619<br>4.00% | 05/01/52 | 135089036 | 128914343 |
|  Federal National Mortgage Association, Pool #MA4626<br>4.00% | 06/01/52 | 360534673 | 344062579 |
|  Federal National Mortgage Association, Pool #MA4732<br>4.00% | 09/01/52 | 23479566 | 22392243 |
|  Federal National Mortgage Association, Pool #MA4783<br>4.00% | 10/01/52 | 14951718 | 14256996 |
|  Federal National Mortgage Association, Pool #MA4866<br>4.00% | 01/01/53 | 50384620 | 48027909 |
|  Federal National Mortgage Association, Pool #734830<br>4.50% | 08/01/33 | 3113 | 3140 |
|  Federal National Mortgage Association, Pool #734922<br>4.50% | 09/01/33 | 445911 | 449759 |
|  Federal National Mortgage Association, Pool #753168<br>4.50% | 12/01/33 | 2615 | 2637 |
|  Federal National Mortgage Association, Pool #AL8037<br>4.50% | 07/01/34 | 49645 | 50194 |
|  Federal National Mortgage Association, Pool #AL8356<br>4.50% | 07/01/34 | 107518 | 108483 |
|  Federal National Mortgage Association, Pool #815422<br>4.50% | 02/01/35 | 11885 | 11984 |
|  Federal National Mortgage Association, Pool #735651<br>4.50% | 06/01/35 | 1268241 | 1278807 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** |  |
|  Federal National Mortgage Association, Pool #745147<br>4.50% | 12/01/35 | $7232 | $7292 |
|  Federal National Mortgage Association, Pool #190396<br>4.50% | 06/01/39 | 3359 | 3375 |
|  Federal National Mortgage Association, Pool #AC8279<br>4.50% | 08/01/39 | 5135 | 5175 |
|  Federal National Mortgage Association, Pool #AE0138<br>4.50% | 03/01/40 | 19143 | 19238 |
|  Federal National Mortgage Association, Pool #AL0209<br>4.50% | 05/01/41 | 7523350 | 7596203 |
|  Federal National Mortgage Association, Pool #AL9106<br>4.50% | 02/01/46 | 16081669 | 16034622 |
|  Federal National Mortgage Association, Pool #AL8960<br>4.50% | 05/01/46 | 13012422 | 12974355 |
|  Federal National Mortgage Association, Pool #AL9722<br>4.50% | 08/01/46 | 53196884 | 53041259 |
|  Federal National Mortgage Association, Pool #AS8663<br>4.50% | 01/01/47 | 10020197 | 9976872 |
|  Federal National Mortgage Association, Pool #AL9846<br>4.50% | 02/01/47 | 56962534 | 56795892 |
|  Federal National Mortgage Association, Pool #CA1710<br>4.50% | 05/01/48 | 57349 | 56957 |
|  Federal National Mortgage Association, Pool #CA1711<br>4.50% | 05/01/48 | 5876812 | 5836725 |
|  Federal National Mortgage Association, Pool #CA2208<br>4.50% | 08/01/48 | 12677244 | 12590769 |
|  Federal National Mortgage Association, Pool #CA2493<br>4.50% | 10/01/48 | 3152494 | 3130991 |
|  Federal National Mortgage Association, Pool #MA3537<br>4.50% | 12/01/48 | 7631135 | 7579083 |
|  Federal National Mortgage Association, Pool #MA4733<br>4.50% | 09/01/52 | 270904206 | 266220551 |
|  Federal National Mortgage Association, Pool #BW9897<br>4.50% | 10/01/52 | 74322174 | 72876294 |
|  Federal National Mortgage Association, Pool #CB5675<br>4.50% | 02/01/53 | 44902895 | 44069921 |
|  Federal National Mortgage Association, Pool #CB6854<br>4.50% | 08/01/53 | 31178869 | 30706330 |
|  Federal National Mortgage Association, Pool #MA5038<br>5.00% | 06/01/53 | 210630365 | 211096260 |
|  Federal National Mortgage Association, Pool #FS7252<br>5.00% | 11/01/53 | 40870469 | 40969405 |
|  Federal National Mortgage Association, Pool #740297<br>5.50% | 10/01/33 | 678 | 700 |
|  Federal National Mortgage Association, Pool #725257<br>5.50% | 02/01/34 | 308495 | 318506 |
|  Federal National Mortgage Association, Pool #735224<br>5.50% | 02/01/35 | 1022148 | 1063280 |
|  Federal National Mortgage Association, Pool #889184<br>5.50% | 09/01/36 | 1088723 | 1124095 |
|  Federal National Mortgage Association, Pool #190375<br>5.50% | 11/01/36 | 234165 | 244122 |
|  Federal National Mortgage Association, Pool #AE0482<br>5.50% | 01/01/38 | 2470812 | 2551086 |
|  Federal National Mortgage Association, Pool #MA5072<br>5.50% | 07/01/53 | 120278720 | 122337839 |
|  Federal National Mortgage Association, Pool #AL0851<br>6.00% | 10/01/40 | 4458489 | 4745077 |
|  Federal National Mortgage Association, Pool #844773<br>6.00% (1 yr. USD RFUCCT + 1.559%)<sup>(2)</sup> | 12/01/35 | 1252 | 1265 |
|  Federal National Mortgage Association, Pool #839109<br>6.29% (1 yr. USD RFUCCT + 1.912%)<sup>(2)</sup> | 11/01/35 | 2768 | 2823 |
|  Federal National Mortgage Association, Pool #394854<br>6.50% | 05/01/27 | 39 | 39 |
|  Federal National Mortgage Association, Pool #545191<br>7.00% | 09/01/31 | 862 | 915 |
|  Federal National Mortgage Association, Pool #613142<br>7.00% | 11/01/31 | 2835 | 2982 |
|  Federal National Mortgage Association, Pool #625666<br>7.00% | 01/01/32 | 1106 | 1174 |
|  Federal National Mortgage Association, Pool #545756<br>7.00% | 06/01/32 | 150 | 158 |
|  Federal National Mortgage Association, Pool #655928<br>7.00% | 08/01/32 | 32861 | 34970 |
|  Federal National Mortgage Association, Pool #735207<br>7.00% | 04/01/34 | 6166 | 6528 |
|  Federal National Mortgage Association, Pool #888412<br>7.00% | 04/01/37 | 58475 | 64212 |
|  Federal National Mortgage Association, Pool #313182<br>7.50% | 10/01/26 | 39 | 39 |
|  Federal National Mortgage Association, Pool #633698<br>7.50% | 02/01/31 | 11345 | 12024 |
|  Federal National Mortgage Association REMICS Series 1999-11, Class Z<br>5.50% | 03/25/29 | 4254 | 4272 |
|  Federal National Mortgage Association REMICS Series 2001-52, Class YZ (PAC)<br>6.50% | 10/25/31 | 32241 | 33572 |
|  Federal National Mortgage Association REMICS Series 2005-122, Class SG (I/O) (I/F)<br>2.61% (-30 day USD SOFR Average + 6.486%)<sup>(2)</sup> | 11/25/35 | 2002 | 13 |
|  Federal National Mortgage Association REMICS Series 2006-4, Class WE<br>4.50% | 02/25/36 | 11832 | 11895 |
|  Federal National Mortgage Association REMICS Series 2006-49, Class SE (I/F) (PAC)<br>13.05% (-30 day USD SOFR Average + 28.542%)<sup>(2)</sup> | 04/25/36 | 315271 | 344018 |
|  Federal National Mortgage Association REMICS Series 2007-17, Class SI (I/O) (I/F)<br>2.41% (-30 day USD SOFR Average + 6.286%)<sup>(2)</sup> | 03/25/37 | 541317 | 36915 |
|  Federal National Mortgage Association REMICS Series 2007-34, Class SB (I/O) (I/F)<br>2.12% (-30 day USD SOFR Average + 5.996%)<sup>(2)</sup> | 04/25/37 | 1132908 | 94299 |
|  Federal National Mortgage Association REMICS Series 2007-64, Class FA<br>4.46% (30 day USD SOFR Average + 0.584%)<sup>(2)</sup> | 07/25/37 | 1543 | 1536 |
|  Federal National Mortgage Association REMICS Series 2008-24, Class NA<br>6.75% | 06/25/37 | 76647 | 80954 |
|  Federal National Mortgage Association REMICS Series 2010-116, Class SE (I/O) (I/F)<br>2.61% (-30 day USD SOFR Average + 6.486%)<sup>(2)</sup> | 10/25/40 | 1249308 | 109012 |
|  Federal National Mortgage Association REMICS Series 2010-17, Class SB (I/O) (I/F)<br>2.36% (-30 day USD SOFR Average + 6.236%)<sup>(2)</sup> | 03/25/40 | 2687622 | 260976 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** |  |
|  Federal National Mortgage Association REMICS Series 2010-43, Class KS (I/O) (I/F)<br>2.43% (-30 day USD SOFR Average + 6.306%)<sup>(2)</sup> | 05/25/40 | $4753638 | $471177 |
|  Federal National Mortgage Association REMICS Series 2011-101, Class HE (PAC)<br>4.00% | 10/25/41 | 5535584 | 5468825 |
|  Federal National Mortgage Association REMICS Series 2011-111, Class DB<br>4.00% | 11/25/41 | 5502997 | 5420401 |
|  Federal National Mortgage Association REMICS Series 2012-84, Class VZ<br>3.50% | 08/25/42 | 4526511 | 4357986 |
|  Federal National Mortgage Association REMICS Series 2013-101, Class BO (P/O)<br>0.00%<sup>(6)</sup> | 10/25/43 | 7210702 | 5110405 |
|  Federal National Mortgage Association REMICS Series 2013-101, Class CO (P/O)<br>0.00%<sup>(6)</sup> | 10/25/43 | 4258125 | 3028905 |
|  Federal National Mortgage Association REMICS Series 2016-45, Class AF<br>4.49% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 07/25/46 | 5312492 | 5260476 |
|  Federal National Mortgage Association REMICS Series 2016-72, Class FA<br>4.49% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 10/25/46 | 10947632 | 10837237 |
|  Federal National Mortgage Association REMICS Series 2016-74, Class GF<br>4.49% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 10/25/46 | 8421555 | 8337181 |
|  Federal National Mortgage Association REMICS Series 2016-75, Class FL<br>4.49% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 10/25/46 | 8533040 | 8449040 |
|  Federal National Mortgage Association REMICS Series 2018-29, Class AP (PAC)<br>3.50% | 11/25/46 | 9380451 | 9289620 |
|  Federal National Mortgage Association REMICS Series 2018-38, Class LA<br>3.00% | 06/25/48 | 10778953 | 9777808 |
|  Federal National Mortgage Association REMICS Series 2018-38, Class PA (PAC)<br>3.50% | 06/25/47 | 11345 | 11207 |
|  Federal National Mortgage Association REMICS Series 2018-45, Class GA<br>3.00% | 06/25/48 | 12077734 | 10958131 |
|  Federal National Mortgage Association REMICS Series 2018-86, Class JA (PAC)<br>4.00% | 05/25/47 | 253394 | 252696 |
|  Federal National Mortgage Association REMICS Series 2018-94, Class KD (PAC)<br>3.50% | 12/25/48 | 2591251 | 2422422 |
|  Federal National Mortgage Association REMICS Series 2019-1, Class AB<br>3.50% | 02/25/49 | 1056931 | 995161 |
|  Federal National Mortgage Association REMICS Series 2019-1, Class KP (PAC)<br>3.25% | 02/25/49 | 1099000 | 1024752 |
|  Federal National Mortgage Association REMICS Series 2019-26, Class JE (PAC)<br>3.00% | 06/25/49 | 2808368 | 2557369 |
|  Federal National Mortgage Association REMICS Series 2019-45, Class PA (PAC)<br>3.00% | 08/25/49 | 11360394 | 10260002 |
|  Federal National Mortgage Association REMICS Series 2019-52, Class PA (PAC)<br>3.00% | 09/25/49 | 3087804 | 2799710 |
|  Federal National Mortgage Association REMICS Series 2019-67, Class FE<br>4.44% (30 day USD SOFR Average + 0.564%)<sup>(2)</sup> | 11/25/49 | 21033294 | 20721082 |
|  Federal National Mortgage Association REMICS Series 2019-79, Class FA<br>4.49% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 01/25/50 | 62468 | 61465 |
|  Federal National Mortgage Association Trust Series 2003-W2, Class 2A9<br>5.90% | 07/25/42 | 11774 | 12120 |
|  Government National Mortgage Association, Pool #MA3309<br>3.00% | 12/20/45 | 4270 | 3902 |
|  Government National Mortgage Association, Pool #MA3662<br>3.00% | 05/20/46 | 1532995 | 1398272 |
|  Government National Mortgage Association, Pool #MA3873<br>3.00% | 08/20/46 | 11866190 | 10823367 |
|  Government National Mortgage Association, Pool #MA4003<br>3.00% | 10/20/46 | 4758076 | 4343865 |
|  Government National Mortgage Association, Pool #MA4126<br>3.00% | 12/20/46 | 82019477 | 74811455 |
|  Government National Mortgage Association, Pool #MA4961<br>3.00% | 01/20/48 | 220830 | 201258 |
|  Government National Mortgage Association, Pool #MA6080<br>3.00% | 08/20/49 | 1430 | 1273 |
|  Government National Mortgage Association, Pool #MA6209<br>3.00% | 10/20/49 | 2610562 | 2323048 |
|  Government National Mortgage Association, Pool #AA5452<br>3.50% | 07/15/42 | 57323 | 53399 |
|  Government National Mortgage Association, Pool #MA1157<br>3.50% | 07/20/43 | 23441 | 22096 |
|  Government National Mortgage Association, Pool #MA3521<br>3.50% | 03/20/46 | 15696211 | 14676261 |
|  Government National Mortgage Association, Pool #MA3597<br>3.50% | 04/20/46 | 39778109 | 37142607 |
|  Government National Mortgage Association, Pool #MA3663<br>3.50% | 05/20/46 | 11203016 | 10460759 |
|  Government National Mortgage Association, Pool #MA3937<br>3.50% | 09/20/46 | 9057064 | 8456988 |
|  Government National Mortgage Association, Pool #MA4069<br>3.50% | 11/20/46 | 28540070 | 26649146 |
|  Government National Mortgage Association, Pool #MA4127<br>3.50% | 12/20/46 | 32320902 | 30179478 |
|  Government National Mortgage Association, Pool #MA4196<br>3.50% | 01/20/47 | 7478 | 6983 |
|  Government National Mortgage Association, Pool #MA4510<br>3.50% | 06/20/47 | 24795 | 23154 |
|  Government National Mortgage Association, Pool #MA4586<br>3.50% | 07/20/47 | 29619305 | 27659146 |
|  Government National Mortgage Association, Pool #MA4652<br>3.50% | 08/20/47 | 2256708 | 2107363 |
|  Government National Mortgage Association, Pool #MA4719<br>3.50% | 09/20/47 | 28020007 | 26165687 |
|  Government National Mortgage Association, Pool #MA4900<br>3.50% | 12/20/47 | 4473773 | 4177706 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** |  |
|  Government National Mortgage Association, Pool #MA6030<br>3.50% | 07/20/49 | $6744607 | $6189111 |
|  Government National Mortgage Association, Pool #MA6081<br>3.50% | 08/20/49 | 2622373 | 2406391 |
|  Government National Mortgage Association, Pool #MA6210<br>3.50% | 10/20/49 | 1378142 | 1264636 |
|  Government National Mortgage Association, Pool #MA4511<br>4.00% | 06/20/47 | 3485849 | 3357390 |
|  Government National Mortgage Association, Pool #MA4720<br>4.00% | 09/20/47 | 69438 | 66880 |
|  Government National Mortgage Association, Pool #MA4838<br>4.00% | 11/20/47 | 22820152 | 21979191 |
|  Government National Mortgage Association, Pool #MA4901<br>4.00% | 12/20/47 | 15474790 | 14904518 |
|  Government National Mortgage Association, Pool #MA4963<br>4.00% | 01/20/48 | 25402818 | 24466681 |
|  Government National Mortgage Association, Pool #MA5078<br>4.00% | 03/20/48 | 38587 | 37165 |
|  Government National Mortgage Association, Pool #MA5137<br>4.00% | 04/20/48 | 8174154 | 7872827 |
|  Government National Mortgage Association, Pool #MA5466<br>4.00% | 09/20/48 | 3388920 | 3263993 |
|  Government National Mortgage Association, Pool #MA5528<br>4.00% | 10/20/48 | 15573371 | 14999283 |
|  Government National Mortgage Association, Pool #MA5651<br>4.00% | 12/20/48 | 5667 | 5458 |
|  Government National Mortgage Association, Pool #MA8346<br>4.00% | 10/20/52 | 140635806 | 134174273 |
|  Government National Mortgage Association, Pool #3388<br>4.50% | 05/20/33 | 970 | 978 |
|  Government National Mortgage Association, Pool #3427<br>4.50% | 08/20/33 | 509 | 514 |
|  Government National Mortgage Association, Pool #3554<br>4.50% | 05/20/34 | 425 | 428 |
|  Government National Mortgage Association, Pool #782817<br>4.50% | 11/15/39 | 6295904 | 6319852 |
|  Government National Mortgage Association, Pool #783591<br>4.50% | 07/20/41 | 7474 | 7499 |
|  Government National Mortgage Association, Pool #5140<br>4.50% | 08/20/41 | 19345 | 19408 |
|  Government National Mortgage Association, Pool #5175<br>4.50% | 09/20/41 | 21078 | 21146 |
|  Government National Mortgage Association, Pool #5281<br>4.50% | 01/20/42 | 5902 | 5921 |
|  Government National Mortgage Association, Pool #MA0627<br>4.50% | 12/20/42 | 24576 | 24656 |
|  Government National Mortgage Association, Pool #MA0701<br>4.50% | 01/20/43 | 24510 | 24589 |
|  Government National Mortgage Association, Pool #MA1997<br>4.50% | 06/20/44 | 6134 | 6121 |
|  Government National Mortgage Association, Pool #MA2756<br>4.50% | 04/20/45 | 12590 | 12562 |
|  Government National Mortgage Association, Pool #MA2828<br>4.50% | 05/20/45 | 539862 | 538393 |
|  Government National Mortgage Association, Pool #MA2894<br>4.50% | 06/20/45 | 209086 | 208628 |
|  Government National Mortgage Association, Pool #MA3036<br>4.50% | 08/20/45 | 20247 | 20192 |
|  Government National Mortgage Association, Pool #MA3456<br>4.50% | 02/20/46 | 137451 | 137077 |
|  Government National Mortgage Association, Pool #MA3665<br>4.50% | 05/20/46 | 57144 | 56989 |
|  Government National Mortgage Association, Pool #MA3738<br>4.50% | 06/20/46 | 233413 | 232902 |
|  Government National Mortgage Association, Pool #MA3805<br>4.50% | 07/20/46 | 1914813 | 1909603 |
|  Government National Mortgage Association, Pool #MA3876<br>4.50% | 08/20/46 | 2028912 | 2024470 |
|  Government National Mortgage Association, Pool #MA3939<br>4.50% | 09/20/46 | 1082015 | 1082296 |
|  Government National Mortgage Association, Pool #MA4006<br>4.50% | 10/20/46 | 1260618 | 1257858 |
|  Government National Mortgage Association, Pool #MA4071<br>4.50% | 11/20/46 | 3292053 | 3284846 |
|  Government National Mortgage Association, Pool #MA4129<br>4.50% | 12/20/46 | 11193561 | 11169057 |
|  Government National Mortgage Association, Pool #MA4198<br>4.50% | 01/20/47 | 89788 | 89579 |
|  Government National Mortgage Association, Pool #MA4264<br>4.50% | 02/20/47 | 26312238 | 26250880 |
|  Government National Mortgage Association, Pool #MA4384<br>4.50% | 04/20/47 | 1054434 | 1049997 |
|  Government National Mortgage Association, Pool #MA4453<br>4.50% | 05/20/47 | 57513304 | 57271261 |
|  Government National Mortgage Association, Pool #MA4512<br>4.50% | 06/20/47 | 201801 | 200951 |
|  Government National Mortgage Association, Pool #MA4588<br>4.50% | 07/20/47 | 31945 | 31811 |
|  Government National Mortgage Association, Pool #MA5399<br>4.50% | 08/20/48 | 1827986 | 1812387 |
|  Government National Mortgage Association, Pool #MA5467<br>4.50% | 09/20/48 | 17191 | 17045 |
|  Government National Mortgage Association, Pool #MA8347<br>4.50% | 10/20/52 | 219495521 | 215584767 |
|  Government National Mortgage Association, Pool #81497<br>4.75% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 10/20/35 | 6067 | 6169 |
|  Government National Mortgage Association, Pool #4058<br>5.00% | 12/20/37 | 334 | 343 |
|  Government National Mortgage Association, Pool #4342<br>5.00% | 01/20/39 | 459 | 470 |
|  Government National Mortgage Association, Pool #4520<br>5.00% | 08/20/39 | 8636 | 8850 |
|  Government National Mortgage Association, Pool #MA2374<br>5.00% | 11/20/44 | 129720 | 132937 |
|  Government National Mortgage Association, Pool #MA3524<br>5.00% | 03/20/46 | 6520 | 6682 |
|  Government National Mortgage Association, Pool #MA3600<br>5.00% | 04/20/46 | 3606813 | 3696263 |
|  Government National Mortgage Association, Pool #MA3666<br>5.00% | 05/20/46 | 2103707 | 2155879 |
|  Government National Mortgage Association, Pool #MA3739<br>5.00% | 06/20/46 | 1316368 | 1349014 |
|  Government National Mortgage Association, Pool #MA3806<br>5.00% | 07/20/46 | 94852 | 97202 |
|  Government National Mortgage Association, Pool #MA3877<br>5.00% | 08/20/46 | 416801 | 427138 |
|  Government National Mortgage Association, Pool #MA4007<br>5.00% | 10/20/46 | 2274753 | 2331108 |
|  Government National Mortgage Association, Pool #MA4072<br>5.00% | 11/20/46 | 699851 | 717190 |
|  Government National Mortgage Association, Pool #MA4199<br>5.00% | 01/20/47 | 1955338 | 2003780 |
|  Government National Mortgage Association, Pool #MA4265<br>5.00% | 02/20/47 | 459083 | 470562 |
|  Government National Mortgage Association, Pool #MA4324<br>5.00% | 03/20/47 | 2511460 | 2573745 |
|  Government National Mortgage Association, Pool #MA4385<br>5.00% | 04/20/47 | 4279937 | 4385367 |
|  Government National Mortgage Association, Pool #MA4454<br>5.00% | 05/20/47 | 9969118 | 10195065 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** | **Value** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** |  |  |
|  Government National Mortgage Association, Pool #MA4513<br>5.00% | 06/20/47 | $| 172621 | $| 176873 |
|  Government National Mortgage Association, Pool #MA4589<br>5.00% | 07/20/47 |  | 8541566 |  | 8735158 |
|  Government National Mortgage Association, Pool #MA4655<br>5.00% | 08/20/47 |  | 9722346 |  | 9942700 |
|  Government National Mortgage Association, Pool #MA4722<br>5.00% | 09/20/47 |  | 187010 |  | 191054 |
|  Government National Mortgage Association, Pool #MA4781<br>5.00% | 10/20/47 |  | 2300722 |  | 2352868 |
|  Government National Mortgage Association, Pool #MA4840<br>5.00% | 11/20/47 |  | 715994 |  | 732222 |
|  Government National Mortgage Association, Pool #MA5530<br>5.00% | 10/20/48 |  | 2752239 |  | 2789946 |
|  Government National Mortgage Association, Pool #80968<br>5.38% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 07/20/34 |  | 3832 |  | 3893 |
|  Government National Mortgage Association, Pool #81432<br>5.38% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 08/20/35 |  | 5918 |  | 6005 |
|  Government National Mortgage Association, Pool #MA9488<br>5.50% | 02/20/54 |  | 81744849 |  | 83041326 |
|  Government National Mortgage Association, Pool #81267<br>5.63% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 03/20/35 |  | 5597 |  | 5633 |
|  Government National Mortgage Association, Pool #2631<br>7.00% | 08/20/28 |  | 296 |  | 304 |
|  Government National Mortgage Association REMICS Series 2003-86, Class ZK<br>5.00% | 10/20/33 |  | 1932792 |  | 1972259 |
|  Government National Mortgage Association REMICS Series 2007-35, Class PY (I/O) (I/F) (PAC)<br>2.90% (-1 mo. USD Term SOFR + 6.636%)<sup>(2)</sup> | 06/16/37 |  | 4525463 |  | 487565 |
|  Government National Mortgage Association REMICS Series 2009-106, Class SD (I/O) (I/F)<br>2.40% (-1 mo. USD Term SOFR + 6.136%)<sup>(2)</sup> | 03/20/36 |  | 3741015 |  | 311139 |
|  Government National Mortgage Association REMICS Series 2009-106, Class XI (I/O) (I//F)<br>2.95% (-1 mo. USD Term SOFR + 6.686%)<sup>(2)</sup> | 05/20/37 |  | 9257767 |  | 928810 |
|  Government National Mortgage Association REMICS Series 2009-124, Class SC (I/O) (I/F)<br>2.63% (-1 mo. USD Term SOFR + 6.366%)<sup>(2)</sup> | 12/20/39 |  | 1636312 |  | 178139 |
|  Government National Mortgage Association REMICS Series 2009-66, Class XS (I/O) (I/F) (PAC)<br>2.95% (-1 mo. USD Term SOFR + 6.686%)<sup>(2)</sup> | 07/16/39 |  | 6160 |  | 240 |
|  Government National Mortgage Association REMICS Series 2010-4, Class SL (I/O) (I/F)<br>2.55% (-1 mo. USD Term SOFR + 6.286%)<sup>(2)</sup> | 01/16/40 |  | 20592 |  | 2086 |
|  Government National Mortgage Association REMICS Series 2010-4, Class SM (I/O) (I/F)<br>1.95% (-1 mo. USD Term SOFR + 5.686%)<sup>(2)</sup> | 01/16/40 |  | 3744083 |  | 322579 |
|  Government National Mortgage Association REMICS Series 2011-146, Class EI (I/O) (PAC)<br>5.00% | 11/16/41 |  | 47933 |  | 9103 |
|  Government National Mortgage Association REMICS Series 2014-108, Class PA (PAC)<br>2.63% | 12/20/39 |  | 2961731 |  | 2865403 |
|  Government National Mortgage Association REMICS Series 2018-124, Class NW<br>3.50% | 09/20/48 |  | 515739 |  | 478935 |
|  Government National Mortgage Association REMICS Series 2019-1, Class NP<br>3.50% | 01/20/49 |  | 4548242 |  | 4267634 |
|  Government National Mortgage Association REMICS Series 2019-119, Class JE (PAC)<br>3.00% | 09/20/49 |  | 3140433 |  | 2826653 |
|  Government National Mortgage Association REMICS Series 2019-15, Class GT<br>3.50% | 02/20/49 |  | 5385966 |  | 5025332 |
|  Government National Mortgage Association REMICS Series 2019-71, Class PT<br>3.00% | 06/20/49 |  | 663243 |  | 597196 |
|  Government National Mortgage Association REMICS Series 2019-86, Class C<br>2.50% | 03/20/49 |  | 7727300 |  | 6588355 |
|  Government National Mortgage Association REMICS Series 2019-90, Class HE<br>3.00% | 07/20/49 |  | 5011308 |  | 4579426 |
|  Government National Mortgage Association, TBA |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(7)</sup> | 01/20/55 |  | 428675000 |  | 370061839 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(7)</sup> | 01/20/55 |  | 171625000 |  | 156198744 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(7)</sup> | 05/01/55 |  | 174725000 |  | 164948175 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(7)</sup> | 07/01/55 |  | 155025000 |  | 151036904 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(7)</sup> | 07/01/55 |  | 391825000 |  | 390809586 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(7)</sup> | 05/01/55 |  | 158675000 |  | 160218908 |
|  Uniform Mortgage-Backed Security, TBA |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%<sup>(7)</sup> | 10/01/51 |  | 162200000 |  | 131274624 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(7)</sup> | 11/01/51 |  | 154650000 |  | 130883852 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(7)</sup> | 12/01/51 |  | 131700000 |  | 116518941 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(7)</sup> | 01/01/52 |  | 199850000 |  | 184200446 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(7)</sup> | 01/01/52 |  | 24300000 |  | 22469493 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(7)</sup> | 05/01/55 |  | 168925000 |  | 160271563 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(7)</sup> | 07/01/55 |  | 142575000 |  | 139189414 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(7)</sup> | 07/01/55 |  | 96125000 |  | 95892137 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(7)</sup> | 05/01/55 |  | 158475000 |  | 160710290 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities**—**Agency** (Cost: $11,341,741,419) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities**—**Agency** (Cost: $11,341,741,419) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities**—**Agency** (Cost: $11,341,741,419) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities**—**Agency** (Cost: $11,341,741,419) |  | 10935506779 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **4.0%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **4.0%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **4.0%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **4.0%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **4.0%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **4.0%** |
|  AMSR Trust Series 2021-SFR1, Class G<br>4.61%<sup>(1)</sup> | 06/17/38 |  | 15250000 |  | 14616878 |
|  BAMLL Commercial Mortgage Securities Trust Series 2018-PARK, Class A<br>4.09%<sup>(1),(8),(9)</sup> | 08/10/38 |  | 122930000 |  | 120597206 |
|  BGME Trust Series 2021-VR, Class A<br>2.99%<sup>(1),(8)</sup> | 01/10/43 |  | 20000000 |  | 17589602 |
|  BGME Trust Series 2021-VR, Class B<br>2.99%<sup>(1),(8)</sup> | 01/10/43 |  | 32137000 |  | 27155601 |
|  BX Commercial Mortgage Trust Series 2020-VIV4, Class A<br>2.84%<sup>(1)</sup> | 03/09/44 |  | 130165000 |  | 121029461 |
|  BX Commercial Mortgage Trust Series 2022-CSMO, Class B<br>6.89% (1 mo. USD Term SOFR+ 3.141%)<sup>(1),(2)</sup> | 06/15/27 |  | 90170000 |  | 90544963 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** | **Value** | **Value** |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  |
|  BX Trust Series 2019-OC11, Class A<br>3.20%<sup>(1)</sup> | 12/09/41 | $| 42270000 | $| 40165825 |
|  BXHPP Trust Series 2021-FILM, Class A<br>4.51% (1 mo. USD Term SOFR+ 0.764%)<sup>(1),(2)</sup> | 08/15/36 |  | 16088000 |  | 15544232 |
|  BXHPP Trust Series 2021-FILM, Class C<br>4.96% (1 mo. USD Term SOFR + 1.214%)<sup>(1),(2)</sup> | 08/15/36 |  | 15057000 |  | 14130878 |
|  BXHPP Trust Series 2021-FILM, Class D<br>5.36% (1 mo. USD Term SOFR + 1.614%)<sup>(1),(2)</sup> | 08/15/36 |  | 11500000 |  | 10673462 |
|  CALI Mortgage Trust Series 2019-101C, Class XA (I/O)<br>0.30%<sup>(1),(8)</sup> | 03/10/39 |  | 272551000 |  | 2446704 |
|  Century Plaza Towers Series 2019-CPT, Class A<br>2.87%<sup>(1)</sup> | 11/13/39 |  | 27645000 |  | 25691300 |
|  Citigroup Commercial Mortgage Trust Series 2020-555, Class A<br>2.65%<sup>(1)</sup> | 12/10/41 |  | 5000000 |  | 4569118 |
|  COLT Mortgage Loan Trust<br>7.05%<sup>(8)</sup> | 03/10/27 |  | 82621583 |  | 82927282 |
|  DC Office Trust Series 2019-MTC, Class A<br>2.97%<sup>(1)</sup> | 09/15/45 |  | 31135000 |  | 28301410 |
|  FirstKey Homes Trust Series 2021-SFR1, Class F1<br>3.24%<sup>(1)</sup> | 08/17/38 |  | 12416000 |  | 12254828 |
|  FirstKey Homes Trust Series 2021-SFR2, Class F1<br>2.91%<sup>(1)</sup> | 09/17/38 |  | 12677000 |  | 12427271 |
|  Hudson Yards Mortgage Trust Series 2019-30HY, Class A<br>3.23%<sup>(1)</sup> | 07/10/39 |  | 84915000 |  | 81335595 |
|  Hudson Yards Mortgage Trust Series 2019-55HY, Class A<br>2.94%<sup>(1),(8)</sup> | 12/10/41 |  | 81025000 |  | 76438637 |
|  MF1 Ltd. Series 2022-FL8, Class A<br>5.08% (1 mo. USD Term SOFR + 1.350%)<sup>(1),(2)</sup> | 02/19/37 |  | 16232839 |  | 16232069 |
|  MKT Mortgage Trust Series 2020-525M, Class A<br>2.69%<sup>(1)</sup> | 02/12/40 |  | 8500000 |  | 7707599 |
|  One Bryant Park Trust Series 2019-OBP, Class A<br>2.52%<sup>(1)</sup> | 09/15/54 |  | 147000000 |  | 136570850 |
|  Progress Residential Trust Series 2021-SFR3, Class E1<br>2.54%<sup>(1)</sup> | 05/17/26 |  | 3055000 |  | 3034523 |
|  Progress Residential Trust Series 2021-SFR3, Class G<br>4.25%<sup>(1)</sup> | 05/17/26 |  | 3190000 |  | 3175812 |
|  Progress Residential Trust Series 2021-SFR6, Class E2<br>2.53%<sup>(1)</sup> | 07/17/38 |  | 3973000 |  | 3921482 |
|  Progress Residential Trust Series 2021-SFR6, Class F<br>3.42%<sup>(1)</sup> | 07/17/38 |  | 10437000 |  | 10337010 |
|  Progress Residential Trust Series 2021-SFR6, Class G<br>4.00%<sup>(1)</sup> | 07/17/38 |  | 8896000 |  | 8827059 |
|  Progress Residential Trust Series 2021-SFR7, Class F<br>3.83%<sup>(1)</sup> | 08/17/40 |  | 23777000 |  | 22575793 |
|  Progress Residential Trust Series 2021-SFR8, Class E1<br>2.38%<sup>(1)</sup> | 10/17/38 |  | 17400000 |  | 17109622 |
|  Progress Residential Trust Series 2021-SFR8, Class E2<br>2.53%<sup>(1)</sup> | 10/17/38 |  | 13425000 |  | 13195787 |
|  Progress Residential Trust Series 2021-SFR8, Class F<br>3.18%<sup>(1)</sup> | 10/17/38 |  | 61665000 |  | 60745945 |
|  Progress Residential Trust Series 2021-SFR8, Class G<br>4.01%<sup>(1)</sup> | 10/17/38 |  | 19482000 |  | 19218434 |
|  SFAVE Commercial Mortgage Securities Trust Series 2015-5AVE, Class A1<br>3.87%<sup>(1),(8)</sup> | 01/05/43 |  | 56465000 |  | 48541837 |
|  SFAVE Commercial Mortgage Securities Trust Series 2015-5AVE, Class A2B<br>4.14%<sup>(1),(8)</sup> | 01/05/43 |  | 8710000 |  | 7541011 |
|  SHOW Trust Series 2022-BIZ, Class A<br>6.76% (1 mo. USD Term SOFR + 2.984%)<sup>(1),(2),(4),(9)</sup> | 01/15/27 |  | 68000000 |  | 44252636 |
|  SREIT Trust Series 2021-PALM, Class G<br>7.48% (1 mo. USD Term SOFR + 3.731%)<sup>(1),(2)</sup> | 10/15/34 |  | 40000000 |  | 40070784 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities**—**Non-agency** (Cost: $1,325,932,828) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities**—**Non-agency** (Cost: $1,325,932,828) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities**—**Non-agency** (Cost: $1,325,932,828) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities**—**Non-agency** (Cost: $1,325,932,828) |  | 1261498506 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **0.8%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **0.8%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **0.8%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **0.8%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **0.8%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **0.8%** |
|  Government National Mortgage Association Series 2020-193 (I/O)<br>0.78%<sup>(8)</sup> | 09/16/62 |  | 532442450 |  | 28184522 |
|  Government National Mortgage Association Series 2021-10 (I/O)<br>0.99%<sup>(8)</sup> | 05/16/63 |  | 58079014 |  | 4373954 |
|  Government National Mortgage Association Series 2021-150 (I/O)<br>1.04%<sup>(8)</sup> | 11/16/63 |  | 31091019 |  | 2347328 |
|  Government National Mortgage Association Series 2021-17 (I/O)<br>1.05%<sup>(8)</sup> | 01/16/61 |  | 125744188 |  | 9936532 |
|  Government National Mortgage Association Series 2021-2, Class AH<br>1.50% | 06/16/63 |  | 94305504 |  | 70385667 |
|  Government National Mortgage Association Series 2021-21, Class AH<br>1.40% | 06/16/63 |  | 64967730 |  | 49983833 |
|  Government National Mortgage Association Series 2021-31 (I/O)<br>0.94%<sup>(8)</sup> | 01/16/61 |  | 107907012 |  | 7564929 |
|  Government National Mortgage Association Series 2021-31, Class B<br>1.25% | 01/16/61 |  | 70562194 |  | 51702338 |
|  Government National Mortgage Association Series 2022-32 (I/O)<br>0.53%<sup>(8)</sup> | 02/01/62 |  | 261325409 |  | 9503229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities**—**Agency** (Cost: $255,217,742) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities**—**Agency** (Cost: $255,217,742) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities**—**Agency** (Cost: $255,217,742) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities**—**Agency** (Cost: $255,217,742) |  | 233982332 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **11.1%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **11.1%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **11.1%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **11.1%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **11.1%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **11.1%** |
|  Aames Mortgage Trust Series 2002-1, Class A3<br>7.40% | 06/25/32 |  | 12924 |  | 12785 |
|  ABFC Trust Series 2006-OPT3, Class A3B<br>4.17% (1 mo. USD Term SOFR + 0.434%)<sup>(2)</sup> | 11/25/36 |  | 37144816 |  | 15272946 |
|  ABFC Trust Series 2007-WMC1, Class A2A<br>4.60% (1 mo. USD Term SOFR + 0.864%)<sup>(2)</sup> | 06/25/37 |  | 18133155 |  | 15547465 |
|  ABFC Trust Series 2007-WMC1, Class A2B<br>4.85% (1 mo. USD Term SOFR + 1.114%)<sup>(2)</sup> | 06/25/37 |  | 13246905 |  | 11357768 |
|  ACE Securities Corp. Home Equity Loan Trust Series 2004-IN1, Class A1<br>4.49% (1 mo. USD Term SOFR + 0.754%)<sup>(2)</sup> | 05/25/34 |  | 98706 |  | 93792 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  |
|  ACE Securities Corp. Home Equity Loan Trust Series 2006-HE3, Class A2C<br>4.15% (1 mo. USD Term SOFR + 0.414%)<sup>(2)</sup> | 06/25/36 | $2037764 | $1518517 |
|  ACE Securities Corp. Home Equity Loan Trust Series 2007-ASP2, Class A1<br>4.23% (1 mo. USD Term SOFR + 0.494%)<sup>(2)</sup> | 06/25/37 | 22146181 | 16249428 |
|  Adjustable Rate Mortgage Trust Series 2005-10, Class 6A1<br>4.39% (1 mo. USD Term SOFR + 0.654%)<sup>(2)</sup> | 01/25/36 | 111730 | 106858 |
|  Adjustable Rate Mortgage Trust Series 2007-3, Class 2A1<br>6.05%<sup>(1),(8)</sup> | 11/25/37 | 24140821 | 15193279 |
|  Ajax Mortgage Loan Trust Series 2019-F, Class A1<br>2.86%<sup>(1)</sup> | 07/25/59 | 59072 | 57946 |
|  American Home Mortgage Assets Trust Series 2006-3, Class 2A1<br>5.18% (1 yr. MTA + 1.150%)<sup>(2)</sup> | 10/25/46 | 28271710 | 18655040 |
|  American Home Mortgage Assets Trust Series 2007-1, Class A1<br>4.73% (1 yr. MTA + 0.700%)<sup>(2)</sup> | 02/25/47 | 43048924 | 14766728 |
|  American Home Mortgage Assets Trust Series 2007-2, Class A1<br>3.97% (1 mo. USD Term SOFR + 0.239%)<sup>(2)</sup> | 03/25/47 | 19095296 | 17367911 |
|  American Home Mortgage Investment Trust Series 2004-3, Class 2A<br>4.70% (6 mo. USD Term SOFR + 1.928%)<sup>(2)</sup> | 10/25/34 | 1009788 | 1003901 |
|  Argent Securities, Inc. Asset-Backed Pass-Through Certificates Series 2005-W2, Class M1<br>4.58% (1 mo. USD Term SOFR + 0.849%)<sup>(2)</sup> | 10/25/35 | 11098 | 11059 |
|  Argent Securities, Inc. Asset-Backed Pass-Through Certificates Series 2005-W3, Class M1<br>4.51% (1 mo. USD Term SOFR + 0.774%)<sup>(2)</sup> | 11/25/35 | 5755880 | 5652999 |
|  Asset-Backed Securities Corp. Home Equity Loan Trust Series 2006-HE6, Class A5<br>4.31% (1 mo. USD Term SOFR + 0.574%)<sup>(2)</sup> | 11/25/36 | 7753550 | 7644927 |
|  Banc of America Funding Trust Series 2003-2, Class 1A1<br>6.50% | 06/25/32 | 9261 | 9432 |
|  Banc of America Funding Trust Series 2006-D, Class 3A1<br>4.90%<sup>(8)</sup> | 05/20/36 | 1975824 | 1769529 |
|  Banc of America Funding Trust Series 2006-E, Class 2A1<br>5.49%<sup>(8)</sup> | 06/20/36 | 18895 | 16999 |
|  Banc of America Funding Trust Series 2006-H, Class 3A1<br>4.07%<sup>(8)</sup> | 09/20/46 | 377948 | 324102 |
|  Banc of America Mortgage Trust Series 2004-F, Class 1A1<br>5.82%<sup>(8)</sup> | 07/25/34 | 11029 | 10644 |
|  Banc of America Mortgage Trust Series 2005-C, Class 2A2<br>5.88%<sup>(8)</sup> | 04/25/35 | 60530 | 59975 |
|  Banc of America Mortgage Trust Series 2007-1, Class 1A2<br>6.00% | 03/25/37 | 303339 | 262419 |
|  Banc of America Mortgage Trust Series 2007-3, Class 1A1<br>6.00% | 09/25/37 | 105826 | 87832 |
|  BCAP LLC Trust Series 2007-AA2, Class 2A5<br>6.00% | 04/25/37 | 201933 | 87018 |
|  BCAP LLC Trust Series 2007-AA5, Class A1<br>5.15% (1 mo. USD Term SOFR + 1.414%)<sup>(2)</sup> | 09/25/47 | 10463261 | 9452701 |
|  Bear Stearns ALT-A Trust Series 2005-4, Class 22A<br>4.93%<sup>(8)</sup> | 05/25/35 | 4778 | 4660 |
|  Bear Stearns ALT-A Trust Series 2006-4, Class 32A1<br>4.13%<sup>(8)</sup> | 07/25/36 | 1179786 | 480500 |
|  Bear Stearns ARM Trust Series 2004-10, Class 14A<br>4.79%<sup>(8)</sup> | 01/25/35 | 1456175 | 1422060 |
|  Bear Stearns ARM Trust Series 2006-4, Class 2A1<br>4.10%<sup>(8)</sup> | 10/25/36 | 134112 | 112936 |
|  Bear Stearns Asset-Backed Securities I Trust Series 2005-AC5, Class 2A3<br>4.10% (1 mo. USD Term SOFR + 0.364%)<sup>(2)</sup> | 08/25/49 | 833580 | 484384 |
|  Bear Stearns Asset-Backed Securities I Trust Series 2006-AC2, Class 21A (PAC)<br>6.00% | 03/25/36 | 55663 | 55593 |
|  Bear Stearns Asset-Backed Securities I Trust Series 2006-HE9, Class 3A<br>4.13% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 11/25/36 | 1437801 | 1420328 |
|  Bear Stearns Asset-Backed Securities I Trust Series 2007-AC1, Class A3<br>6.55% | 02/25/37 | 24201978 | 22899222 |
|  Bear Stearns Asset-Backed Securities Trust Series 2003-AC7, Class A1<br>5.50% | 01/25/34 | 340138 | 283482 |
|  Bear Stearns Asset-Backed Securities Trust Series 2003-AC7, Class A2<br>5.75% | 01/25/34 | 306657 | 255522 |
|  Bear Stearns Mortgage Funding Trust Series 2006-AR3, Class 1A1<br>4.21% (1 mo. USD Term SOFR + 0.474%)<sup>(2)</sup> | 10/25/36 | 769522 | 685767 |
|  Bear Stearns Mortgage Funding Trust Series 2006-AR5, Class 1A1<br>4.01% (1 mo. USD Term SOFR + 0.274%)<sup>(2)</sup> | 12/25/46 | 11086360 | 9943203 |
|  Bear Stearns Mortgage Funding Trust Series 2007-AR5, Class 1A1<br>4.19% (1 mo. USD Term SOFR + 0.454%)<sup>(2)</sup> | 06/25/47 | 1677038 | 1493397 |
|  C-BASS Mortgage Loan Trust Series 2007-CB2, Class A2C<br>3.48% | 02/25/37 | 20075867 | 11602861 |
|  C-BASS Mortgage Loan Trust Series 2007-CB2, Class A2D<br>3.48% | 02/25/37 | 14698523 | 8495022 |
|  C-BASS Mortgage Loan Trust Series 2007-CB2, Class A2E<br>3.48% | 02/25/37 | 2672904 | 1544807 |
|  C-BASS Trust Series 2006-CB7, Class A1<br>4.13% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 10/25/36 | 28722522 | 21097496 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  |
|  C-BASS Trust Series 2006-CB9, Class A3<br>4.15% (1 mo. USD Term SOFR + 0.414%)<sup>(2)</sup> | 11/25/36 | $20877479 | $9548810 |
|  C-BASS Trust Series 2007-CB1, Class AF4<br>3.09% | 01/25/37 | 5680110 | 1566677 |
|  C-BASS Trust Series 2007-CB1, Class AF5<br>3.09% | 01/25/37 | 10674278 | 2943195 |
|  C-BASS Trust Series 2007-CB5, Class A2<br>3.13% (1 mo. USD Term SOFR + 0.454%)<sup>(2)</sup> | 04/25/37 | 17521502 | 10511445 |
|  Carrington Mortgage Loan Trust Series 2006-NC3, Class A4<br>4.33% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 08/25/36 | 46429000 | 39775195 |
|  Carrington Mortgage Loan Trust Series 2007-RFC1, Class A4<br>4.07% (1 mo. USD Term SOFR + 0.334%)<sup>(2)</sup> | 10/25/36 | 22415000 | 20686528 |
|  Chase Funding Trust Series 2003-5, Class 2A2<br>4.45% (1 mo. USD Term SOFR + 0.714%)<sup>(2)</sup> | 07/25/33 | 1834 | 1841 |
|  Chase Funding Trust Series 2004-2, Class 2A2<br>4.35% (1 mo. USD Term SOFR + 0.614%)<sup>(2)</sup> | 02/26/35 | 2299 | 2253 |
|  Chase Mortgage Finance Trust Series 2006-A1, Class 1A2<br>4.04%<sup>(8)</sup> | 09/25/36 | 261081 | 233405 |
|  Chase Mortgage Finance Trust Series 2006-S3, Class 2A1<br>5.50% | 11/25/21 | 1301032 | 107032 |
|  Chase Mortgage Finance Trust Series 2007-A2, Class 2A3<br>6.16%<sup>(8)</sup> | 06/25/35 | 413625 | 415524 |
|  ChaseFlex Trust Series 2006-2, Class A2B<br>3.95% (1 mo. USD Term SOFR + 0.314%)<sup>(2)</sup> | 09/25/36 | 3317513 | 2819837 |
|  CHL Mortgage Pass-Through Trust Series 2001-HYB1, Class 1A1<br>5.75%<sup>(8)</sup> | 06/19/31 | 3589 | 3559 |
|  CHL Mortgage Pass-Through Trust Series 2004-14, Class 4A1<br>5.50%<sup>(8)</sup> | 08/25/34 | 411330 | 388310 |
|  CHL Mortgage Pass-Through Trust Series 2004-25, Class 1A1<br>4.51% (1 mo. USD Term SOFR + 0.774%)<sup>(2)</sup> | 02/25/35 | 48093 | 45988 |
|  CHL Mortgage Pass-Through Trust Series 2004-7, Class 2A1<br>5.24%<sup>(8)</sup> | 06/25/34 | 31569 | 29086 |
|  CHL Mortgage Pass-Through Trust Series 2004-HYB3, Class 1A<br>6.68%<sup>(8)</sup> | 06/20/34 | 3695 | 3640 |
|  CHL Mortgage Pass-Through Trust Series 2004-HYB4, Class 2A1<br>5.21%<sup>(8)</sup> | 09/20/34 | 300043 | 291068 |
|  CHL Mortgage Pass-Through Trust Series 2005-11, Class 1A2<br>4.49%<sup>(8)</sup> | 04/25/35 | 185887 | 171441 |
|  CHL Mortgage Pass-Through Trust Series 2007-HY5, Class 1A1<br>5.03%<sup>(8)</sup> | 09/25/47 | 449511 | 351235 |
|  CHL Mortgage Pass-Through Trust Series 2007-HYB1, Class 1A1<br>3.71%<sup>(8)</sup> | 03/25/37 | 767483 | 643857 |
|  CIM Trust Series 2019-R1, Class A<br>3.25%<sup>(1),(8)</sup> | 10/25/58 | 31283057 | 29760674 |
|  CIM Trust Series 2019-R3, Class A<br>2.63%<sup>(1),(8)</sup> | 06/25/58 | 57282771 | 54264851 |
|  CIM Trust Series 2019-R4, Class A1<br>3.00%<sup>(1),(8)</sup> | 10/25/59 | 64361707 | 60680533 |
|  CIM Trust Series 2020-R1, Class A1<br>2.85%<sup>(1),(8)</sup> | 10/27/59 | 98883662 | 91776248 |
|  CIM Trust Series 2020-R3, Class A1A<br>4.00%<sup>(1),(8)</sup> | 01/26/60 | 69863102 | 67907724 |
|  CIM Trust Series 2020-R6, Class A1<br>2.25%<sup>(1),(8)</sup> | 12/25/60 | 58450112 | 53247824 |
|  CIM Trust Series 2020-R6, Class A1A<br>2.25%<sup>(1),(8)</sup> | 12/25/60 | 34901265 | 32337323 |
|  CIM Trust Series 2020-R7, Class A1A<br>2.25%<sup>(1),(8)</sup> | 12/27/61 | 141571984 | 132268850 |
|  CIM Trust Series 2021-R1, Class A2<br>2.40%<sup>(1),(8)</sup> | 08/25/56 | 47930270 | 44250864 |
|  CIM Trust Series 2021-R2, Class A2<br>2.50%<sup>(1),(8)</sup> | 01/25/57 | 40741716 | 39327439 |
|  CIM Trust Series 2021-R3, Class A1A<br>1.95%<sup>(1),(8)</sup> | 06/25/57 | 129766304 | 121472434 |
|  CIM Trust Series 2021-R4, Class A1A<br>2.00%<sup>(1),(8)</sup> | 05/01/61 | 124717675 | 117987609 |
|  CIM Trust Series 2021-R5, Class A1<br>2.00%<sup>(1),(8)</sup> | 08/25/61 | 31286282 | 27756649 |
|  CIM Trust Series 2021-R5, Class A1A<br>2.00%<sup>(1),(8)</sup> | 08/25/61 | 122899706 | 109932416 |
|  CIM Trust Series 2023-R1, Class A1A<br>5.40%<sup>(1),(8)</sup> | 04/25/62 | 220704976 | 220024807 |
|  CIM Trust Series 2023-R3, Class A1<br>4.50%<sup>(1),(8)</sup> | 01/25/63 | 31437781 | 30060559 |
|  CIM Trust Series 2023-R3, Class A1A<br>4.50%<sup>(1),(8)</sup> | 01/25/63 | 175700529 | 170151552 |
|  Citicorp Mortgage Securities, Inc. Series 2005-1, Class 1A1<br>5.00% | 02/25/35 | 56960 | 55188 |
|  Citicorp Residential Mortgage Trust Series 2007-1, Class A5<br>6.55% | 03/25/37 | 279 | 278 |
|  Citigroup Mortgage Loan Trust Series 2005-9, Class 1A1<br>4.11% (1 mo. USD Term SOFR + 0.374%)<sup>(2)</sup> | 11/25/35 | 77961 | 69040 |
|  Citigroup Mortgage Loan Trust Series 2006-AR2, Class 1A1<br>5.71%<sup>(8)</sup> | 03/25/36 | 5433393 | 4033395 |
|  Citigroup Mortgage Loan Trust Series 2014-5, Class 2A2<br>4.84% (1 mo. USD LIBOR + 1.750%)<sup>(1),(2)</sup> | 02/20/36 | 4426565 | 4178925 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2005-5, Class 3A2<br>4.96%<sup>(8)</sup> | 10/25/35 | 256099 | 226465 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2006-WF2, Class A1<br>7.25% | 05/25/36 | 25506734 | 12596667 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2007-6, Class 1A4<br>4.75%<sup>(8)</sup> | 03/25/37 | 80893 | 79795 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2007-AR5, Class 1A1<br>5.13%<sup>(8)</sup> | 04/25/37 | 38741 | 35065 |
|  Countrywide Alternative Loan Trust Series 2004-30CB, Class 1A6<br>5.50% | 02/25/35 | 17516170 | 17469829 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  |
|  Countrywide Alternative Loan Trust Series 2004-J6, Class 2A1<br>6.50% | 11/25/31 | $1176 | $1208 |
|  Countrywide Alternative Loan Trust Series 2005-76, Class 2A1<br>5.03% (1 yr. MTA + 1.000%)<sup>(2)</sup> | 02/25/36 | 24720520 | 22910924 |
|  Countrywide Alternative Loan Trust Series 2005-84, Class 1A1<br>5.01%<sup>(8)</sup> | 02/25/36 | 20843 | 18065 |
|  Countrywide Alternative Loan Trust Series 2006-HY13, Class 4A1<br>4.73%<sup>(8)</sup> | 02/25/37 | 557158 | 500508 |
|  Countrywide Alternative Loan Trust Series 2007-J1, Class 2A1<br>4.05% (1 mo. USD Term SOFR + 0.314%)<sup>(2)</sup> | 03/25/37 | 517031 | 138373 |
|  Countrywide Asset-Backed Certificates Trust Series 2005-13, Class AF4<br>5.81%<sup>(8)</sup> | 04/25/36 | 71563 | 66893 |
|  Countrywide Asset-Backed Certificates Trust Series 2007-13, Class 2A2<br>4.65% (1 mo. USD Term SOFR + 0.914%)<sup>(2)</sup> | 10/25/47 | 5449312 | 5056481 |
|  Credit Suisse First Boston Mortgage Securities Corp. Series 2003-AR20, Class 2A4<br>5.18%<sup>(8)</sup> | 08/25/33 | 2971 | 2901 |
|  Credit Suisse First Boston Mortgage Securities Corp. Series 2005-6, Class 8A1<br>4.50% | 07/25/49 | 2549 | 2203 |
|  Credit-Based Asset Servicing & Securitization LLC Series 2003-CB1, Class AF<br>3.95% | 01/25/33 | 2246 | 2192 |
|  Credit-Based Asset Servicing & Securitization LLC Series 2006-CB8, Class A1<br>4.13% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 10/25/36 | 6916396 | 6439568 |
|  CSAB Mortgage-Backed Trust Series 2006-4, Class A6B<br>6.28% | 12/25/36 | 5268016 | 206829 |
|  CSFB Mortgage-Backed Pass-Through Certificates Series 2004-1, Class 2A1<br>6.50% | 02/25/34 | 1814 | 1819 |
|  CSFB Mortgage-Backed Pass-Through Certificates Series 2004-AR5, Class 6A1<br>5.95%<sup>(8)</sup> | 06/25/34 | 25937 | 25555 |
|  CSMC Trust Series 2021-NQM6, Class A1<br>1.17%<sup>(1),(8)</sup> | 07/25/66 | 5081821 | 4373558 |
|  CSMC Trust Series 2021-RP11, Class PT<br>3.72%<sup>(1),(8)</sup> | 10/25/61 | 192020163 | 162184473 |
|  CSMC Trust Series 2021-RP11, Class SA (I/O)<br>0.00%<sup>(1),(6),(8)</sup> | 10/25/61 | 135445 | 131695 |
|  CSMC Trust Series 2022-RPL1, Class PT<br>4.57%<sup>(1),(8)</sup> | 04/25/61 | 191044872 | 173402069 |
|  CSMC Trust Series 2022-RPL1, Class SA (I/O)<br>0.00%<sup>(1),(6),(8)</sup> | 04/25/61 | 291177 | 286386 |
|  CSMCM Trust Series 2021-RP11, Class CERT<br>3.78%<sup>(1)</sup> | 10/27/61 | 8066198 | 6392052 |
|  CSMCM Trust Series 2022-RPL1, Class CERT<br>4.23%<sup>(1)</sup> | 04/25/61 | 7954790 | 6741392 |
|  Deephaven Residential Mortgage Trust Series 2021-4, Class A1<br>1.93%<sup>(1),(8)</sup> | 11/25/66 | 18062957 | 16122977 |
|  Deutsche Alt-A Securities Mortgage Loan Trust Series 2006-AR4, Class A1<br>4.11% (1 mo. USD Term SOFR + 0.374%)<sup>(2)</sup> | 12/25/36 | 1291811 | 444206 |
|  Deutsche Alt-A Securities, Inc. Mortgage Loan Trust Series 2005-6, Class 1A7<br>5.50% | 12/25/35 | 178951 | 145478 |
|  Deutsche Alt-A Securities, Inc. Mortgage Loan Trust Series 2006-AR1, Class 2A1<br>3.85%<sup>(8)</sup> | 02/25/36 | 476353 | 308094 |
|  Deutsche Alt-A Securities, Inc. Mortgage Loan Trust Series 2006-AR3, Class A1<br>4.23% (1 mo. USD Term SOFR + 0.494%)<sup>(2)</sup> | 08/25/36 | 1551443 | 1439363 |
|  Deutsche Alt-A Securities, Inc. Mortgage Loan Trust Series 2006-AR4, Class A2<br>4.23% (1 mo. USD Term SOFR + 0.494%)<sup>(2)</sup> | 12/25/36 | 23711007 | 7516100 |
|  Deutsche Alt-A Securities, Inc. Mortgage Loan Trust Series 2006-AR6, Class A6<br>4.23% (1 mo. USD Term SOFR + 0.494%)<sup>(2)</sup> | 02/25/37 | 267211 | 235515 |
|  Deutsche Alt-A Securities, Inc. Mortgage Loan Trust Series 2007-3, Class 1A1<br>5.69% (1 mo. USD Term SOFR + 1.814%)<sup>(2)</sup> | 10/25/47 | 15721557 | 12479079 |
|  Deutsche Alt-A Securities, Inc. Mortgage Loan Trust Series 2007-AR3, Class 2A4<br>4.55% (1 mo. USD Term SOFR + 0.814%)<sup>(2)</sup> | 06/25/37 | 12881795 | 11249905 |
|  Deutsche Alt-A Securities, Inc. Mortgage Loan Trust Series 2007-OA3, Class A1<br>4.13% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 07/25/47 | 22800527 | 21736308 |
|  DSLA Mortgage Loan Trust Series 2004-AR4, Class 2A1<br>4.57% (1 mo. USD Term SOFR + 0.834%)<sup>(2)</sup> | 01/19/45 | 859830 | 656706 |
|  DSLA Mortgage Loan Trust Series 2005-AR3, Class 2A1<br>4.33% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 07/19/45 | 50517 | 49685 |
|  DSLA Mortgage Loan Trust Series 2006-AR2, Class 2A1A<br>4.05% (1 mo. USD Term SOFR + 0.314%)<sup>(2)</sup> | 10/19/36 | 11563601 | 7860469 |
|  DSLA Mortgage Loan Trust Series 2007-AR1, Class 2A1A<br>3.99% (1 mo. USD Term SOFR + 0.254%)<sup>(2)</sup> | 03/19/37 | 4500096 | 3812842 |
|  Equity One Mortgage Pass-Through Trust Series 2002-4, Class M1<br>5.22%<sup>(8)</sup> | 02/25/33 | 1776 | 1774 |
|  Equity One Mortgage Pass-Through Trust Series 2002-5, Class M1<br>5.80% | 11/25/32 | 15547 | 16898 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2019-R07, Class 1B1<br>7.39% (30 day USD SOFR Average + 3.514%)<sup>(1),(2)</sup> | 10/25/39 | $9504263 | $9648703 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2021-R01, Class 1B1<br>6.97% (30 day USD SOFR Average + 3.100%)<sup>(1),(2)</sup> | 10/25/41 | 5660000 | 5753065 |
|  First Franklin Mortgage Loan Trust Series 2006-FF13, Class A2C<br>4.17% (1 mo. USD Term SOFR + 0.434%)<sup>(2)</sup> | 10/25/36 | 8301581 | 5505981 |
|  First Franklin Mortgage Loan Trust Series 2006-FF13, Class A2D<br>4.33% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 10/25/36 | 523478 | 346916 |
|  First Franklin Mortgage Loan Trust Series 2006-FF18, Class A2B<br>4.07% (1 mo. USD Term SOFR + 0.334%)<sup>(2)</sup> | 12/25/37 | 4002289 | 3726117 |
|  First Franklin Mortgage Loan Trust Series 2006-FF18, Class A2C<br>4.17% (1 mo. USD Term SOFR + 0.434%)<sup>(2)</sup> | 12/25/37 | 11006654 | 10244194 |
|  First Franklin Mortgage Loan Trust Series 2006-FF18, Class A2D<br>4.27% (1 mo. USD Term SOFR + 0.534%)<sup>(2)</sup> | 12/25/37 | 7977265 | 7421690 |
|  First Franklin Mortgage Loan Trust Series 2007-FF1, Class A2C<br>4.13% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 01/25/38 | 45748114 | 25294045 |
|  First Franklin Mortgage Loan Trust Series 2007-FF2, Class A1<br>4.13% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 03/25/37 | 41538683 | 21876256 |
|  First Franklin Mortgage Loan Trust Series 2007-FF2, Class A2B<br>4.05% (1 mo. USD Term SOFR + 0.314%)<sup>(2)</sup> | 03/25/37 | 18560280 | 8880021 |
|  First Franklin Mortgage Loan Trust Series 2007-FF2, Class A2C<br>4.15% (1 mo. USD Term SOFR + 0.414%)<sup>(2)</sup> | 03/25/37 | 10640312 | 5103477 |
|  First Franklin Mortgage Loan Trust Series 2007-FF2, Class A2D<br>4.29% (1 mo. USD Term SOFR + 0.554%)<sup>(2)</sup> | 03/25/37 | 31475264 | 15105527 |
|  First Horizon Alternative Mortgage Securities Trust Series 2004-AA2, Class 1A1<br>5.54%<sup>(8)</sup> | 08/25/34 | 1739030 | 1703090 |
|  First Horizon Alternative Mortgage Securities Trust Series 2004-AA3, Class A1<br>5.04%<sup>(8)</sup> | 09/25/34 | 3990 | 4058 |
|  First Horizon Alternative Mortgage Securities Trust Series 2004-AA4, Class A1<br>5.17%<sup>(8)</sup> | 10/25/34 | 258193 | 254598 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA10, Class 1A1<br>5.07%<sup>(8)</sup> | 12/25/35 | 5212958 | 4266268 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA12, Class 2A1<br>4.84%<sup>(8)</sup> | 02/25/36 | 5219866 | 3122700 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA4, Class 2A1<br>5.08%<sup>(8)</sup> | 06/25/35 | 4947186 | 4595960 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA7, Class 2A1<br>5.19%<sup>(8)</sup> | 09/25/35 | 3506901 | 3103837 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA8, Class 2A1<br>5.09%<sup>(8)</sup> | 10/25/35 | 6238510 | 3403696 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA9, Class 2A1<br>5.29%<sup>(8)</sup> | 11/25/35 | 5287738 | 4569665 |
|  First Horizon Mortgage Pass-Through Trust Series 2004-AR6, Class 2A1<br>4.34%<sup>(8)</sup> | 12/25/34 | 53865 | 52278 |
|  First Horizon Mortgage Pass-Through Trust Series 2006-AR4, Class 1A2<br>4.78%<sup>(8)</sup> | 01/25/37 | 37017 | 17553 |
|  First Horizon Mortgage Pass-Through Trust Series 2007-AR3, Class 1A1<br>4.53%<sup>(8)</sup> | 11/25/37 | 65066 | 24956 |
|  GMACM Home Equity Loan Trust Series 2000-HE2, Class A1<br>2.25% (1 mo. USD Term SOFR + 0.554%)<sup>(2)</sup> | 06/25/30 | 6754 | 6070 |
|  GMACM Mortgage Loan Trust Series 2005-AR6, Class 3A1<br>3.72%<sup>(8)</sup> | 11/19/35 | 104014 | 91668 |
|  GMACM Mortgage Loan Trust Series 2006-AR2, Class 1A1<br>0.00%<sup>(6),(8)</sup> | 05/19/36 | 1454196 | 901521 |
|  GreenPoint Mortgage Funding Trust Series 2005-AR4, Class G41<br>4.05% (1 mo. USD Term SOFR + 0.314%)<sup>(2)</sup> | 10/25/45 | 5410691 | 5011780 |
|  GreenPoint Mortgage Funding Trust Series 2006-OH1, Class A1<br>4.21% (1 mo. USD Term SOFR + 0.474%)<sup>(2)</sup> | 01/25/37 | 7523633 | 7049383 |
|  GS Mortgage-Backed Securities Trust Series 2018-RPL1, Class A1A<br>3.75%<sup>(1)</sup> | 10/25/57 | 10863182 | 10722973 |
|  GS Mortgage-Backed Securities Trust Series 2023-PJ1, Class A3<br>3.00%<sup>(1),(8)</sup> | 02/25/53 | 82221736 | 71953878 |
|  GSAA Home Equity Trust Series 2005-11, Class 2A2<br>4.49% (1 mo. USD Term SOFR + 0.754%)<sup>(2)</sup> | 10/25/35 | 18722 | 20818 |
|  GSAMP Trust Series 2005-AHL2, Class A2D<br>4.55% (1 mo. USD Term SOFR + 0.814%)<sup>(2)</sup> | 12/25/35 | 12986860 | 12543502 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  |
|  GSAMP Trust Series 2007-HE2, Class A1<br>4.32% (1 mo. USD Term SOFR + 0.584%)<sup>(2)</sup> | 03/25/47 | $57710067 | $44259755 |
|  GSMSC Resecuritization Trust Series 2015-3R, Class 1B<br>4.13% (1 mo. USD Term SOFR + 0.394%)<sup>(1),(2)</sup> | 01/26/37 | 9420639 | 8619746 |
|  GSR Mortgage Loan Trust Series 2004-9, Class 3A1<br>4.92%<sup>(8)</sup> | 08/25/34 | 813 | 778 |
|  GSR Mortgage Loan Trust Series 2004-9, Class 5A7<br>4.85%<sup>(8)</sup> | 08/25/34 | 1692 | 1688 |
|  GSR Mortgage Loan Trust Series 2005-AR5, Class 2A3<br>4.68%<sup>(8)</sup> | 10/25/35 | 1662423 | 820149 |
|  GSR Mortgage Loan Trust Series 2005-AR5, Class 2A4<br>4.68%<sup>(5),(8)</sup> | 10/25/35 | 19 |  |
|  GSR Mortgage Loan Trust Series 2005-AR6, Class 4A5<br>5.11%<sup>(8)</sup> | 09/25/35 | 20781 | 18802 |
|  GSR Mortgage Loan Trust Series 2007-AR2, Class 2A1<br>4.99%<sup>(8)</sup> | 05/25/37 | 1152988 | 582564 |
|  HarborView Mortgage Loan Trust Series 2004-1, Class 2A<br>5.83%<sup>(8)</sup> | 04/19/34 | 2537 | 2351 |
|  HarborView Mortgage Loan Trust Series 2004-11, Class 3A2<br>4.53% (1 mo. USD Term SOFR + 0.794%)<sup>(2)</sup> | 01/19/35 | 128334 | 130311 |
|  HarborView Mortgage Loan Trust Series 2004-3, Class 1A<br>5.46%<sup>(8)</sup> | 05/19/34 | 21887 | 20893 |
|  HarborView Mortgage Loan Trust Series 2005-3, Class 2A1<br>4.33% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 06/19/35 | 86487 | 85286 |
|  HarborView Mortgage Loan Trust Series 2006-1, Class 2A1<br>4.33% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 03/19/36 | 8261280 | 7752627 |
|  HarborView Mortgage Loan Trust Series 2006-10, Class 1A1<br>4.05% (1 mo. USD Term SOFR + 0.514%)<sup>(2)</sup> | 11/19/36 | 43393166 | 35143513 |
|  HarborView Mortgage Loan Trust Series 2006-4, Class 1A1A<br>4.21% (1 mo. USD Term SOFR + 0.474%)<sup>(2)</sup> | 05/19/46 | 28082152 | 14124637 |
|  HarborView Mortgage Loan Trust Series 2006-5, Class 1A1<br>4.94% (1 yr. MTA + 0.910%)<sup>(2)</sup> | 07/19/47 | 32851396 | 10168489 |
|  HarborView Mortgage Loan Trust Series 2006-7, Class 1A<br>4.27% (1 mo. USD Term SOFR + 0.534%)<sup>(2)</sup> | 09/19/46 | 44291444 | 38739357 |
|  HarborView Mortgage Loan Trust Series 2007-7, Class 1A1<br>5.85% (1 mo. USD Term SOFR + 2.114%)<sup>(2)</sup> | 10/25/37 | 13298732 | 10904350 |
|  HarborView Mortgage Loan Trust Series 2007-7, Class 2A1A<br>5.85% (1 mo. USD Term SOFR + 2.114%)<sup>(2)</sup> | 10/25/37 | 9560930 | 9057754 |
|  HSI Asset Securitization Corp. Trust Series 2006-HE1, Class 1A1<br>4.13% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 10/25/36 | 48302968 | 12917363 |
|  Impac CMB Trust Series 2004-8, Class 2A1<br>4.55% (1 mo. USD Term SOFR + 0.814%)<sup>(2)</sup> | 10/25/34 | 829 | 830 |
|  Impac CMB Trust Series 2005-1, Class 1A1<br>4.37% (1 mo. USD Term SOFR + 0.634%)<sup>(2)</sup> | 04/25/35 | 988758 | 965159 |
|  Impac Secured Assets Trust Series 2006-3, Class A1<br>4.19% (1 mo. USD Term SOFR + 0.454%)<sup>(2)</sup> | 11/25/36 | 2958823 | 2739635 |
|  Impac Secured Assets Trust Series 2006-5, Class 1A1<br>4.39% (1 mo. USD Term SOFR + 0.654%)<sup>(2)</sup> | 02/25/37 | 5184059 | 4785172 |
|  Impac Secured Assets Trust Series 2007-2, Class 1A1<br>4.35% (1 mo. USD Term SOFR + 0.614%)<sup>(2)</sup> | 05/25/37 | 24142715 | 20770098 |
|  IndyMac INDA Mortgage Loan Trust Series 2007-AR1, Class 1A2<br>4.04%<sup>(8)</sup> | 03/25/37 | 267166 | 208594 |
|  IndyMac INDA Mortgage Loan Trust Series 2007-AR7, Class 1A1<br>3.37%<sup>(8)</sup> | 11/25/37 | 1074344 | 877880 |
|  IndyMac INDX Mortgage Loan Trust Series 2004-AR4, Class 1A<br>4.35%<sup>(8)</sup> | 08/25/34 | 422014 | 402673 |
|  IndyMac INDX Mortgage Loan Trust Series 2004-AR7, Class A2<br>4.71% (1 mo. USD Term SOFR + 0.974%)<sup>(2)</sup> | 09/25/34 | 28813 | 25334 |
|  IndyMac INDX Mortgage Loan Trust Series 2005-AR19, Class A1<br>3.64%<sup>(8)</sup> | 10/25/35 | 14889121 | 11878834 |
|  IndyMac INDX Mortgage Loan Trust Series 2005-AR6, Class 2A1<br>4.33% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 04/25/35 | 300993 | 250065 |
|  IndyMac INDX Mortgage Loan Trust Series 2006-AR19, Class 1A2<br>3.80%<sup>(8)</sup> | 08/25/36 | 9374379 | 5830986 |
|  IndyMac INDX Mortgage Loan Trust Series 2006-AR27, Class 2A2<br>4.25% (1 mo. USD Term SOFR + 0.514%)<sup>(2)</sup> | 10/25/36 | 9600742 | 8838097 |
|  IndyMac INDX Mortgage Loan Trust Series 2006-AR35, Class 2A3<br>4.25% (1 mo. USD Term SOFR + 0.514%)<sup>(2)</sup> | 01/25/37 | 21991487 | 20084126 |
|  IndyMac INDX Mortgage Loan Trust Series 2006-AR7, Class 1A1<br>3.17%<sup>(8)</sup> | 05/25/36 | 1499869 | 1219103 |
|  IndyMac INDX Mortgage Loan Trust Series 2006-AR7, Class 2A1<br>3.79%<sup>(8)</sup> | 05/25/36 | 15993533 | 10584777 |
|  IndyMac INDX Mortgage Loan Trust Series 2007-AR11, Class 1A1<br>3.32%<sup>(8)</sup> | 06/25/37 | 1943579 | 1750175 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  |
|  IndyMac Manufactured Housing Contract Pass-Through Certificates Series 1997-1, Class A3<br>6.61% | 02/25/28 | $13566 | $13613 |
|  JPMorgan Alternative Loan Trust Series 2006-A2, Class 5A1<br>4.49%<sup>(8)</sup> | 05/25/36 | 3457224 | 1879286 |
|  JPMorgan Mortgage Acquisition Corp. Series 2006-WF1, Class A3A<br>6.33% | 07/25/36 | 26313693 | 6841013 |
|  JPMorgan Mortgage Acquisition Corp. Series 2006-WF1, Class A6<br>6.50% | 07/25/36 | 3669381 | 953441 |
|  JPMorgan Mortgage Acquisition Corp. Series 2007-HE1, Class AF1<br>4.00% (1 mo. USD Term SOFR + 0.214%)<sup>(2)</sup> | 03/25/47 | 89077 | 61080 |
|  JPMorgan Mortgage Acquisition Corp. Series 2007-HE1, Class AF2<br>4.13% | 03/25/47 | 5827226 | 3829190 |
|  JPMorgan Mortgage Acquisition Corp. Series 2007-HE1, Class AF3<br>4.13% | 05/25/35 | 4904322 | 3222171 |
|  JPMorgan Mortgage Acquisition Corp. Series 2007-HE1, Class AF4<br>4.13% | 03/25/47 | 2229237 | 1464071 |
|  JPMorgan Mortgage Acquisition Corp. Series 2007-HE1, Class AV4<br>4.13% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 03/25/47 | 217030 | 207597 |
|  JPMorgan Mortgage Trust Series 2003-A2, Class 2A3<br>5.82%<sup>(8)</sup> | 11/25/33 | 33216 | 31668 |
|  JPMorgan Mortgage Trust Series 2004-A4, Class 1A3<br>6.74%<sup>(8)</sup> | 09/25/34 | 11063 | 10850 |
|  JPMorgan Mortgage Trust Series 2005-A5, Class TA1<br>5.91%<sup>(8)</sup> | 08/25/35 | 21764 | 20850 |
|  JPMorgan Mortgage Trust Series 2005-S2, Class 4A3<br>5.50% | 09/25/49 | 1497157 | 776796 |
|  JPMorgan Mortgage Trust Series 2006-A2, Class 5A3<br> 6.31%<sup>(8)</sup> | 11/25/33 | 650 | 647 |
|  JPMorgan Mortgage Trust Series 2006-A3, Class 2A1<br>5.13%<sup>(8)</sup> | 05/25/36 | 376915 | 316320 |
|  JPMorgan Mortgage Trust Series 2006-A3, Class 3A3<br>4.51%<sup>(8)</sup> | 05/25/36 | 243471 | 198231 |
|  JPMorgan Mortgage Trust Series 2006-A4, Class 1A1<br>5.02%<sup>(8)</sup> | 06/25/36 | 201197 | 133730 |
|  JPMorgan Mortgage Trust Series 2006-A4, Class 1A4<br>5.02%<sup>(8)</sup> | 06/25/36 | 648594 | 431101 |
|  JPMorgan Mortgage Trust Series 2006-A5, Class 2A4<br>5.55%<sup>(8)</sup> | 08/25/36 | 173202 | 135523 |
|  JPMorgan Mortgage Trust Series 2007-A1, Class 5A2<br>6.03%<sup>(8)</sup> | 07/25/35 | 290184 | 289038 |
|  JPMorgan Mortgage Trust Series 2007-A3, Class 2A3<br>5.21%<sup>(8)</sup> | 05/25/37 | 921862 | 768881 |
|  JPMorgan Mortgage Trust Series 2007-A3, Class 3A2<br>4.84%<sup>(8)</sup> | 05/25/37 | 155735 | 134410 |
|  JPMorgan Mortgage Trust Series 2007-A4, Class 2A3<br>4.83%<sup>(8)</sup> | 06/25/37 | 189193 | 146859 |
|  Lehman ABS Mortgage Loan Trust Series 2007-1, Class 2A2<br>4.05% (1 mo. USD Term SOFR + 0.314%)<sup>(1),(2)</sup> | 06/25/37 | 154532 | 103506 |
|  Lehman XS Trust Series 2005-5N, Class 3A1<br>4.15% (1 mo. USD Term SOFR + 0.414%)<sup>(2)</sup> | 11/25/35 | 123776 | 123912 |
|  Lehman XS Trust Series 2005-7N, Class 1A1<br>4.39% (1 mo. USD Term SOFR + 0.654%)<sup>(2)</sup> | 12/25/35 | 191562 | 182595 |
|  Lehman XS Trust Series 2006-12N, Class A31A<br>4.25% (1 mo. USD Term SOFR + 0.514%)<sup>(2)</sup> | 08/25/46 | 5081510 | 5465380 |
|  Lehman XS Trust Series 2006-14N, Class 3A2<br>4.09% (1 mo. USD Term SOFR + 0.354%)<sup>(2)</sup> | 08/25/36 | 16195 | 19039 |
|  Lehman XS Trust Series 2006-5, Class 1A1<br>4.27% (1 mo. USD Term SOFR + 0.534%)<sup>(2)</sup> | 04/25/36 | 15788049 | 14130959 |
|  Lehman XS Trust Series 2006-8, Class 1A1<br>4.17% (1 mo. USD Term SOFR + 0.274%)<sup>(2)</sup> | 06/25/36 | 20332961 | 18584918 |
|  Lehman XS Trust Series 2007-4N, Class 1A3<br>4.33% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 03/25/47 | 10995653 | 9772381 |
|  Long Beach Mortgage Loan Trust Series 2004-4, Class M1<br>4.75% (1 mo. USD Term SOFR + 1.014%)<sup>(2)</sup> | 10/25/34 | 38201 | 37381 |
|  Luminent Mortgage Trust Series 2006-5, Class A1A<br>4.23% (1 mo. USD Term SOFR + 0.494%)<sup>(2)</sup> | 07/25/36 | 23911750 | 14515819 |
|  Luminent Mortgage Trust Series 2006-6, Class A1<br>4.25% (1 mo. USD Term SOFR + 0.514%)<sup>(2)</sup> | 10/25/46 | 7340944 | 6805712 |
|  MASTR Adjustable Rate Mortgages Trust Series 2003-6, Class 4A2<br>4.36%<sup>(8)</sup> | 01/25/34 | 9503 | 9315 |
|  MASTR Adjustable Rate Mortgages Trust Series 2003-7, Class 3A1<br>6.22%<sup>(8)</sup> | 11/25/33 | 213601 | 212616 |
|  MASTR Adjustable Rate Mortgages Trust Series 2004-13, Class 3A1<br>5.63%<sup>(8)</sup> | 11/21/34 | 1009118 | 1002687 |
|  MASTR Adjustable Rate Mortgages Trust Series 2004-8, Class 2A1<br>5.09%<sup>(8)</sup> | 09/25/34 | 911510 | 876598 |
|  MASTR Adjustable Rate Mortgages Trust Series 2006-2, Class 5A1<br>4.40%<sup>(8)</sup> | 05/25/36 | 4287258 | 1317611 |
|  MASTR Adjustable Rate Mortgages Trust Series 2007-1, Class I1A<br>4.24% (1 mo. USD Term SOFR+ 0.504%)<sup>(2)</sup> | 01/25/47 | 75923526 | 29992852 |
|  MASTR Asset-Backed Securities Trust Series 2006-HE4, Class A3<br>4.15% (1 mo. USD Term SOFR+ 0.414%)<sup>(2)</sup> | 11/25/36 | 11445218 | 3328166 |
|  MASTR Asset-Backed Securities Trust Series 2006-HE4, Class A4<br>4.27% (1 mo. USD Term SOFR+ 0.534%)<sup>(2)</sup> | 11/25/36 | 3179227 | 923537 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  |
|  MASTR Asset-Backed Securities Trust Series 2007-HE1, Class A3<br>4.27% (1 mo. USD Term SOFR+ 0.534%)<sup>(2)</sup> | 05/25/37 | $7803108 | $7613767 |
|  MASTR Seasoned Securitization Trust Series 2004-1, Class 4A1<br>6.53%<sup>(8)</sup> | 10/25/32 | 5558 | 5467 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-1, Class A1<br>4.13% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 04/25/37 | 114020791 | 49333991 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-1, Class A2B<br>4.19% (1 mo. USD Term SOFR + 0.454%)<sup>(2)</sup> | 04/25/37 | 23306916 | 8668639 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-1, Class A2C<br>4.35% (1 mo. USD Term SOFR + 0.614%)<sup>(2)</sup> | 04/25/37 | 48824304 | 18259533 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-2, Class A2C<br>4.33% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 05/25/37 | 13239290 | 9749166 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-2, Class A2D<br>4.49% (1 mo. USD Term SOFR + 0.754%)<sup>(2)</sup> | 05/25/37 | 6538136 | 4842274 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-3, Class A2C<br>4.21% (1 mo. USD Term SOFR + 0.474%)<sup>(2)</sup> | 06/25/37 | 3575493 | 3596391 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-3, Class A2D<br>4.35% (1 mo. USD Term SOFR + 0.614%)<sup>(2)</sup> | 06/25/37 | 5328722 | 5374848 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-4, Class 2A2<br>4.09% (1 mo. USD Term SOFR + 0.354%)<sup>(2)</sup> | 07/25/37 | 8515034 | 8600336 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-4, Class 2A3<br>4.17% (1 mo. USD Term SOFR + 0.434%)<sup>(2)</sup> | 07/25/37 | 6241732 | 6330151 |
|  Merrill Lynch Mortgage Investors Trust Series 2003-A6, Class 2A<br>6.73%<sup>(8)</sup> | 10/25/33 | 104595 | 103053 |
|  Merrill Lynch Mortgage Investors Trust Series 2004-A4, Class A1<br>5.11%<sup>(8)</sup> | 08/25/34 | 366388 | 348434 |
|  Merrill Lynch Mortgage Investors Trust Series 2005-A10, Class A<br>4.27% (1 mo. USD Term SOFR + 0.534%)<sup>(2)</sup> | 02/25/36 | 2465 | 2441 |
|  Merrill Lynch Mortgage Investors Trust Series 2006-WMC2, Class A2B<br>3.84% | 03/25/37 | 25851781 | 4862521 |
|  Merrill Lynch Mortgage Investors Trust Series 2006-WMC2, Class A2D<br>3.84% | 03/25/37 | 20233299 | 3800890 |
|  Merrill Lynch Mortgage-Backed Securities Trust Series 2007-2, Class 1A1<br>6.01% (1 yr. CMT + 2.400%)<sup>(2)</sup> | 08/25/36 | 1204306 | 1043067 |
|  Mid-State Capital Corp. Trust Series 2005-1, Class A<br>5.75% | 01/15/40 | 1198195 | 1198420 |
|  Mid-State Capital Corp. Trust Series 2006-1, Class A<br>5.79%<sup>(1)</sup> | 10/15/40 | 3401348 | 3424688 |
|  Mid-State Trust XI Series 11, Class A1<br>4.86% | 07/15/38 | 28257 | 28265 |
|  Morgan Stanley Mortgage Loan Trust Series 2004-11AR, Class 1A1<br>4.17% (1 mo. USD Term SOFR + 0.434%)<sup>(2)</sup> | 01/25/35 | 36944 | 35379 |
|  Morgan Stanley Mortgage Loan Trust Series 2004-7AR, Class 2A4<br>5.09%<sup>(8)</sup> | 09/25/34 | 157840 | 154657 |
|  Morgan Stanley Mortgage Loan Trust Series 2005-2AR, Class A<br>4.11% (1 mo. USD Term SOFR + 0.374%)<sup>(2)</sup> | 04/25/35 | 435233 | 435249 |
|  Morgan Stanley Mortgage Loan Trust Series 2006-7, Class 5A2<br>5.96%<sup>(8)</sup> | 06/25/36 | 610030 | 152592 |
|  MortgageIT Trust Series 2005-1, Class 1A1<br>4.49% (1 mo. USD Term SOFR + 0.754%)<sup>(2)</sup> | 02/25/35 | 795430 | 811676 |
|  MortgageIT Trust Series 2005-4, Class A1<br>4.41% (1 mo. USD Term SOFR + 0.674%)<sup>(2)</sup> | 10/25/35 | 827232 | 830656 |
|  MortgageIT Trust Series 2005-5, Class A1<br>4.37% (1 mo. USD Term SOFR + 0.634%)<sup>(2)</sup> | 12/25/35 | 217541 | 217519 |
|  Nationstar Home Equity Loan Trust Series 2007-C, Class 2AV4<br>4.35% (1 mo. USD Term SOFR + 0.614%)<sup>(2)</sup> | 06/25/37 | 2885322 | 2835822 |
|  NLT Trust Series 2021-INV3, Class PT<br>0.00%<sup>(1),(6),(8)</sup> | 11/25/56 | 130783320 | 126244799 |
|  Oakwood Mortgage Investors, Inc. Series 2000-A, Class A5<br>8.16%<sup>(8)</sup> | 09/15/29 | 20571005 | 2351262 |
|  OBX Trust Series 2021-NQM4, Class A1<br>1.96%<sup>(1),(8)</sup> | 10/25/61 | 4046213 | 3499445 |
|  Ownit Mortgage Loan Trust Series 2006-4, Class A1<br>4.35% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 05/25/37 | 934193 | 930663 |
|  Ownit Mortgage Loan Trust Series 2006-4, Class A2D<br>4.55% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 05/25/37 | 13597928 | 11475941 |
|  Popular ABS Mortgage Pass-Through Trust Series 2005-6, Class A5<br>3.26% | 01/25/36 | 14436407 | 14002808 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  |
|  Popular ABS Mortgage Pass-Through Trust Series 2007-A, Class A3<br>4.16% (1 mo. USD Term SOFR + 0.424%)<sup>(2)</sup> | 06/25/47 | $15477403 | $14649483 |
|  Popular ABS, Inc. Series 1998-1, Class A2<br>7.48% | 11/25/29 | 43317 | 42282 |
|  RALI Trust Series 2005-QO5, Class A1<br>5.03% (1 yr. MTA + 1.000%)<sup>(2)</sup> | 01/25/46 | 2961856 | 2313442 |
|  RALI Trust Series 2006-QA1, Class A11<br>5.07%<sup>(8)</sup> | 01/25/36 | 72482 | 52212 |
|  RALI Trust Series 2006-QA1, Class A21<br>5.08%<sup>(8)</sup> | 01/25/36 | 6843327 | 4567213 |
|  RALI Trust Series 2006-QA7, Class 2A1<br>4.22% (1 mo. USD Term SOFR + 0.484%)<sup>(2)</sup> | 08/25/36 | 11093294 | 10293136 |
|  RALI Trust Series 2006-QS10, Class AV (I/O)<br>0.57%<sup>(8)</sup> | 08/25/36 | 9734769 | 189133 |
|  RALI Trust Series 2006-QS12, Class 2A9<br>4.23% (1 mo. USD Term SOFR + 0.494%)<sup>(2)</sup> | 09/25/36 | 99416 | 73220 |
|  RALI Trust Series 2006-QS2, Class 1AV (I/O)<br>0.48%<sup>(8)</sup> | 02/25/36 | 36658201 | 621690 |
|  RALI Trust Series 2006-QS7, Class AV (I/O)<br>0.75%<sup>(8)</sup> | 06/25/36 | 15682397 | 419385 |
|  RALI Trust Series 2006-QS8, Class AV (I/O)<br>0.78%<sup>(8)</sup> | 08/25/36 | 39919186 | 1120420 |
|  RALI Trust Series 2007-QS1, Class 2A4<br>4.40% (1 mo. USD Term SOFR + 0.664%)<sup>(2)</sup> | 01/25/37 | 7861482 | 5418825 |
|  RALI Trust Series 2007-QS10, Class AV (I/O)<br>0.47%<sup>(8)</sup> | 09/25/37 | 31499360 | 605903 |
|  RALI Trust Series 2007-QS4, Class 3AV (I/O)<br>0.38%<sup>(8)</sup> | 03/25/37 | 18051588 | 291847 |
|  RALI Trust Series 2007-QS5, Class AV (I/O)<br>0.28%<sup>(8)</sup> | 03/25/37 | 21656462 | 247001 |
|  RALI Trust Series 2007-QS6, Class AV (I/O)<br>0.34%<sup>(8)</sup> | 04/25/37 | 48503932 | 632074 |
|  RALI Trust Series 2007-QS7, Class 2AV (I/O)<br>0.37%<sup>(8)</sup> | 06/25/37 | 18313667 | 200066 |
|  RALI Trust Series 2007-QS8, Class AV (I/O)<br>0.45%<sup>(8)</sup> | 06/25/37 | 42532851 | 739276 |
|  Residential Asset Mortgage Products Trust Series 2004-SL3, Class A4<br>8.50% | 12/25/31 | 7876 | 3540 |
|  Residential Asset Securities Corporation Trust Series 2006-KS3, Class M1<br>4.34% (1 mo. USD Term SOFR + 0.444%)<sup>(2)</sup> | 04/25/36 | 51283 | 51112 |
|  Residential Asset Securitization Trust Series 2004-IP2, Class 1A1<br>6.02%<sup>(8)</sup> | 12/25/34 | 107937 | 107880 |
|  Residential Asset Securitization Trust Series 2004-IP2, Class 2A1<br>3.80%<sup>(8)</sup> | 12/25/34 | 9036 | 8250 |
|  Residential Asset Securitization Trust Series 2004-IP2, Class 3A1<br>6.10%<sup>(8)</sup> | 12/25/34 | 172731 | 169596 |
|  Residential Asset Securitization Trust Series 2006-A7CB, Class 1A3<br>6.25% | 07/25/36 | 1386657 | 1029939 |
|  Residential Funding Mortgage Securities I Trust Series 2005-SA5, Class 1A<br>3.84%<sup>(8)</sup> | 11/25/35 | 1467895 | 690672 |
|  RFMSI Trust Series 2006-SA3, Class 3A1<br>5.57%<sup>(8)</sup> | 09/25/36 | 35972 | 31261 |
|  RFMSI Trust Series 2006-SA4, Class 2A1<br>5.43%<sup>(8)</sup> | 11/25/36 | 23911 | 20187 |
|  RFMSI Trust Series 2007-SA2, Class 2A2<br>5.67%<sup>(8)</sup> | 04/25/37 | 658708 | 572043 |
|  Saxon Asset Securities Trust Series 2007-2, Class A2C<br>4.09% (1 mo. USD Term SOFR + 0.354%)<sup>(2)</sup> | 05/25/47 | 135609 | 101064 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2006-CB1, Class AF2<br>2.80% | 01/25/36 | 4920627 | 4248653 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2006-CB5, Class A3<br>4.13% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 06/25/36 | 165375 | 113982 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-BR1, Class A2A<br>4.07% (1 mo. USD Term SOFR + 0.334%)<sup>(2)</sup> | 02/25/37 | 4800097 | 1955965 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-BR1, Class A2B<br>4.39% (1 mo. USD Term SOFR + 0.654%)<sup>(2)</sup> | 02/25/37 | 23761984 | 9682483 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-BR2, Class A2<br>4.31% (1 mo. USD Term SOFR + 0.574%)<sup>(2)</sup> | 02/25/37 | 30749738 | 13763229 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-BR5, Class A2A<br>4.11% (1 mo. USD Term SOFR + 0.374%)<sup>(2)</sup> | 05/25/37 | 9421141 | 7397031 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-BR5, Class A2C<br>4.55% (1 mo. USD Term SOFR + 0.814%)<sup>(2)</sup> | 05/25/37 | 7105343 | 5578122 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-NC1, Class A2B<br>4.15% (1 mo. USD Term SOFR + 0.414%)<sup>(2)</sup> | 12/25/36 | 23085989 | 11491538 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-NC2, Class A2B<br>4.13% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 01/25/37 | 11570365 | 10145804 |
|  Sequoia Mortgage Trust Series 2003-8, Class A1<br>4.49% (1 mo. USD Term SOFR + 0.754%)<sup>(2)</sup> | 01/20/34 | 232 | 227 |
|  Sequoia Mortgage Trust Series 2004-4, Class A<br>4.68% (6 mo. USD Term SOFR + 0.948%)<sup>(2)</sup> | 05/20/34 | 33950 | 32257 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  |
|  SG Mortgage Securities Trust Series 2007-NC1, Class A2<br>4.33% (1 mo. USD Term SOFR + 0.594%)<sup>(1),(2)</sup> | 12/25/36 | $10792996 | $6430245 |
|  Soundview Home Loan Trust Series 2005-OPT1, Class M2<br>4.52% (1 mo. USD Term SOFR + 0.789%)<sup>(2)</sup> | 06/25/35 | 47451 | 47404 |
|  STARM Mortgage Loan Trust Series 2007-3, Class 1A1<br>6.57%<sup>(8)</sup> | 06/25/37 | 962531 | 440634 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-1, Class 3A3<br>5.99%<sup>(8)</sup> | 02/25/34 | 2607 | 2562 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-12, Class 2A<br>4.83%<sup>(8)</sup> | 09/25/34 | 894282 | 873205 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-14, Class 1A<br>5.23%<sup>(8)</sup> | 10/25/34 | 13990 | 13384 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-14, Class 2A<br>5.47%<sup>(8)</sup> | 10/25/34 | 1570977 | 1546874 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-15, Class A<br>5.96%<sup>(8)</sup> | 10/25/34 | 885707 | 858488 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-17, Class A1<br>4.17%<sup>(8)</sup> | 11/25/34 | 18459 | 16479 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-20, Class 1A2<br>4.71%<sup>(8)</sup> | 01/25/35 | 178515 | 172135 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2005-12, Class 3A1<br>4.77%<sup>(8)</sup> | 06/25/35 | 181682 | 153173 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2005-18, Class 7A3<br>4.40%<sup>(8)</sup> | 09/25/35 | 8553259 | 4744702 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2006-12, Class 1A1<br>4.17% (1 mo. USD Term SOFR + 0.434%)<sup>(2)</sup> | 01/25/37 | 11364068 | 11249065 |
|  Structured Asset Mortgage Investments II Trust Series 2005-AR8, Class A1A<br>4.41% (1 mo. USD Term SOFR + 0.674%)<sup>(2)</sup> | 02/25/36 | 187566 | 160753 |
|  Structured Asset Mortgage Investments II Trust Series 2005-AR8, Class A3<br>6.75% (1 yr. MTA + 2.000%)<sup>(2)</sup> | 02/25/36 | 6050513 | 5230636 |
|  Structured Asset Mortgage Investments II Trust Series 2006-AR7, Class A1A<br>4.27% (1 mo. USD Term SOFR + 0.534%)<sup>(2)</sup> | 08/25/36 | 8053534 | 6782312 |
|  Structured Asset Mortgage Investments II Trust Series 2006-AR8, Class A1B<br>3.97% (1 mo. USD Term SOFR + 0.234%)<sup>(2)</sup> | 10/25/36 | 6792284 | 6172276 |
|  Structured Asset Mortgage Investments II Trust Series 2007-AR6, Class A1<br>5.53% (1 yr. MTA + 1.500%)<sup>(2)</sup> | 08/25/47 | 67009136 | 57938317 |
|  Structured Asset Securities Corp. Mortgage Pass-Through Certificates Series 2003-26A, Class 3A5<br>5.51%<sup>(8)</sup> | 09/25/33 | 45834 | 44422 |
|  Structured Asset Securities Corp. Trust Series 2005-5, Class 2A4<br>5.50% | 04/25/35 | 659997 | 624107 |
|  Thornburg Mortgage Securities Trust Series 2004-4, Class 2A<br>5.22%<sup>(8)</sup> | 12/25/44 | 48618 | 46797 |
|  Wachovia Mortgage Loan Trust LLC Series 2006-ALT1, Class A3<br>4.31% (1 mo. USD Term SOFR + 0.574%)<sup>(2)</sup> | 01/25/37 | 8762273 | 3036919 |
|  Wachovia Mortgage Loan Trust LLC Series 2006-AMN1, Class A3<br>1.77% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 08/25/36 | 13981128 | 4637891 |
|  WaMu Asset-Backed Certificates WaMu Trust Series 2007-HE1, Class 2A2<br>4.07% (1 mo. USD Term SOFR + 0.334%)<sup>(2)</sup> | 01/25/37 | 2636521 | 1204080 |
|  WaMu Asset-Backed Certificates WaMu Trust Series 2007-HE1, Class 2A4<br>4.31% (1 mo. USD Term SOFR + 0.574%)<sup>(2)</sup> | 01/25/37 | 8169872 | 3730515 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2003-AR6, Class A1<br>6.17%<sup>(8)</sup> | 06/25/33 | 672523 | 662353 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2004-AR3, Class A2<br>5.36%<sup>(8)</sup> | 06/25/34 | 9982 | 9556 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR1, Class A1A<br>4.49% (1 mo. USD Term SOFR + 0.754%)<sup>(2)</sup> | 01/25/45 | 236938 | 232365 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR13, Class A1A1<br>4.43% (1 mo. USD Term SOFR + 0.694%)<sup>(2)</sup> | 10/25/45 | 1415304 | 1377679 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR14, Class 2A1<br>4.70%<sup>(8)</sup> | 12/25/35 | 852256 | 791905 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR15, Class A1A1<br>4.37% (1 mo. USD Term SOFR + 0.634%)<sup>(2)</sup> | 11/25/45 | 10946363 | 10367604 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR17, Class A1A<br>4.39% (1 mo. USD Term SOFR + 0.654%)<sup>(2)</sup> | 12/25/45 | 4958472 | 4617285 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR19, Class A1A<br>4.43% (1 mo. USD Term SOFR + 0.694%)<sup>(2)</sup> | 12/25/45 | 4204252 | 4191312 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)**  |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR2, Class 2A1A<br>4.47% (1 mo. USD Term SOFR + 0.734%)<sup>(2)</sup> | 01/25/45 | $228006 | $229071 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR2, Class 2A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.51% (1 mo. USD Term SOFR + 0.774%)<sup>(2)</sup> | 01/25/45 | 19390 | 19475 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.61% (1 mo. USD Term SOFR + 0.874%)<sup>(2)</sup> | 01/25/45 | 809647 | 813908 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR6, Class 2A1<br>4.31% (1 mo. USD Term SOFR + 0.574%)<sup>(2)</sup> | 04/25/45 | 39229 | 38230 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR8, Class 1A1<br>4.39% (1 mo. USD Term SOFR + 0.654%)<sup>(2)</sup> | 07/25/45 | 48344 | 47188 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2006-AR10, Class 1A4<br>4.47%<sup>(8)</sup> | 09/25/36 | 5221254 | 4576572 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2006-AR16, Class 3A1<br>4.14%<sup>(8)</sup> | 12/25/36 | 289491 | 260826 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2006-AR3, Class A1A<br>5.03% (1 yr. MTA + 1.000%)<sup>(2)</sup> | 02/25/46 | 6816091 | 6321800 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2006-AR4, Class 1A1<br>4.12% (1 yr. MTA + 0.940%)<sup>(2)</sup> | 05/25/46 | 2340322 | 2138432 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2006-AR7, Class 2A<br>5.01% (1 yr. MTA + 0.980%)<sup>(2)</sup> | 07/25/46 | 3718686 | 3585854 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2007-HY7, Class 4A2<br>4.65%<sup>(8)</sup> | 07/25/37 | 117568 | 107308 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2007-OA1, Class A1A<br>4.73% (1 yr. MTA + 0.700%)<sup>(2)</sup> | 02/25/47 | 6300321 | 5905511 |
|  Washington Mutual Mortgage Pass-Through Certificates WMALT Trust Series 2005-3, Class 2A3<br>4.40% (1 mo. USD Term SOFR + 0.664%)<sup>(2)</sup> | 05/25/35 | 914673 | 737079 |
|  Washington Mutual Mortgage Pass-Through Certificates WMALT Trust Series 2005-4, Class CB1<br>4.35% (1 mo. USD Term SOFR + 0.614%)<sup>(2)</sup> | 06/25/35 | 1942133 | 1702390 |
|  Washington Mutual MSC Mortgage Pass-Through Certificates Trust Series 2002-AR1, Class 1A1<br>6.28%<sup>(8)</sup> | 11/25/30 | 9848 | 9889 |
|  Wells Fargo Alternative Loan Trust Series 2007-PA5, Class 1A1<br>6.25% | 11/25/37 | 57492 | 49599 |
|  Wells Fargo Mortgage-Backed Securities Trust Series 2006-AR1, Class 1A1<br>6.51%<sup>(8)</sup> | 03/25/36 | 918891 | 927211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities**—**Non-agency** (Cost: $4,053,152,437) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities**—**Non-agency** (Cost: $4,053,152,437) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities**—**Non-agency** (Cost: $4,053,152,437) | 3483202287 |
|  **CORPORATE BONDS** — **15.6%** |  |  |  |
|  **Aerospace & Defense** — **0.0%** |  |  |  |
|  General Electric Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.54% (3 mo. USD Term SOFR + 0.642%)<sup>(2)</sup> | 05/05/26 | 1785000 | 1788088 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.59% (3 mo. USD Term SOFR + 0.742%)<sup>(2)</sup> | 08/15/36 | 11550000 | 10904471 |
|  |  |  | 12692559 |
|  **Agriculture** — **0.0%** |  |  |  |
|  Altria Group, Inc.<br>3.70% | 02/04/51 | 995000 | 705316 |
|  British American Tobacco PLC<br>4.75% (5 yr. EURIBOR ICE Swap + 2.284%)<sup>(2),(10),(11)</sup> | 07/30/33 | 800000 | 950215 |
|  Imperial Brands Finance PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(1)</sup> | 07/26/26 | 4997000 | 4979360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(1)</sup> | 06/30/28 | 3310000 | 3337804 |
|  |  |  | 9972695 |
|  **Airlines** — **0.4%** |  |  |  |
|  American Airlines Pass-Through Trust Series 2017-2, Class AA<br>3.35%<sup>(4)</sup> | 04/15/31 | 11848989 | 11463779 |
|  Delta Air Lines Pass-Through Trust Series 2020-1, Class AA<br>2.00% | 12/10/29 | 60499990 | 58296580 |
|  JetBlue Pass-Through Trust Series 2020-1, Class A<br>4.00% | 05/15/34 | 7165481 | 6796530 |
|  United Airlines Pass-Through Trust Series 2018-1, Class AA<br>3.50% | 09/01/31 | 22722062 | 21981550 |
|  United Airlines Pass-Through Trust Series 2023-1, Class A<br>5.80% | 07/15/37 | 21339846 | 22293097 |
|  |  |  | 120831536 |
|  **Auto Manufacturers** — **0.2%** |  |  |  |
|  Volkswagen Bank GmbH (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%<sup>(10)</sup> | 10/02/32 | 10000000 | 11635986 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%<sup>(10)</sup> | 12/10/32 | 8000000 | 9340546 |
|  Volkswagen Financial Services Australia Pty. Ltd. (Germany)<br>5.11%<sup>(10)</sup> | 06/13/29 | 6200000 | 4087750 |
|  Volkswagen Group of America Finance LLC (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%<sup>(1)</sup> | 03/25/32 | 4800000 | 4985520 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%<sup>(1)</sup> | 03/27/35 | 6475000 | 6713733 |
|  Volkswagen International Finance NV (Germany)<br>7.88% (9 yr. EUR Swap + 4.783%)<sup>(2),(10),(11)</sup> | 09/06/32 | 12500000 | 16929851 |
|  |  |  | 53693386 |
|  **Auto Parts & Equipment** — **0.0%** |  |  |  |
|  Robert Bosch Finance LLC<br>3.25%<sup>(10)</sup> | 05/28/31 | 100000 | 117208 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Banks** — **3.0%** |  |  |  |
|  Bank of America Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.66% (1 day USD SOFR + 0.910%)<sup>(2)</sup> | 03/11/27 | $77013000 | $76643338 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.73% (1 day USD SOFR + 0.960%)<sup>(2)</sup> | 07/22/27 | 42299000 | 41757996 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.92% (1 day USD SOFR + 1.370%)<sup>(2)</sup> | 10/24/31 | 18688000 | 16720340 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.09% (1 day USD SOFR + 1.060%)<sup>(2)</sup> | 06/14/29 | 110562000 | 105473937 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30% (1 day USD SOFR + 1.220%)<sup>(2)</sup> | 07/21/32 | 2000 | 1789 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.69% (1 day USD SOFR + 1.320%)<sup>(2)</sup> | 04/22/32 | 4000 | 3672 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.42% (3 mo. USD Term SOFR + 1.302%)<sup>(2)</sup> | 12/20/28 | 1587000 | 1568781 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.97% (3 mo. USD Term SOFR + 1.332%)<sup>(2)</sup> | 03/05/29 | 336000 | 335520 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70% (3 mo. USD Term SOFR+ 0.912%)<sup>(2)</sup> | 12/01/26 | 50000000 | 50213000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.47% (1 day USD SOFR + 1.650%)<sup>(2)</sup> | 01/23/35 | 525000 | 547402 |
|  Citibank NA<br>4.91% | 05/29/30 | 9015000 | 9277246 |
|  Citigroup, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.46% (1 day USD SOFR + 0.770%)<sup>(2)</sup> | 06/09/27 | 22971000 | 22704307 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.52% (1 day USD SOFR + 1.177%)<sup>(2)</sup> | 11/03/32 | 14658000 | 13144415 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.06% (1 day USD SOFR + 1.351%)<sup>(2)</sup> | 01/25/33 | 4000 | 3667 |
|  Goldman Sachs Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.43% (1 day USD SOFR + 0.798%)<sup>(2)</sup> | 03/09/27 | 97484000 | 96984882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.54% (1 day USD SOFR + 0.818%)<sup>(2)</sup> | 09/10/27 | 75070000 | 73776544 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95% (1 day USD SOFR + 0.913%)<sup>(2)</sup> | 10/21/27 | 1337000 | 1314351 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38% (1 day USD SOFR + 1.248%)<sup>(2)</sup> | 07/21/32 | 4000 | 3585 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.02% (1 day USD SOFR + 1.420%)<sup>(2)</sup> | 10/23/35 | 10436000 | 10499347 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.54% (1 day USD SOFR + 1.380%)<sup>(2)</sup> | 01/28/36 | 5605000 | 5823427 |
|  HSBC Holdings PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.01% (1 day USD SOFR + 1.732%)<sup>(2)</sup> | 09/22/28 | 26605000 | 25686329 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.21% (1 day USD SOFR + 1.285%)<sup>(2)</sup> | 08/17/29 | 2000 | 1902 |
|  JPMorgan Chase & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.04% (3 mo. USD Term SOFR + 0.695%)<sup>(2)</sup> | 02/04/27 | 15825000 | 15780374 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.47% (1 day USD SOFR + 0.765%)<sup>(2)</sup> | 09/22/27 | 10000000 | 9817500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.58% (1 day USD SOFR + 0.885%)<sup>(2)</sup> | 04/22/27 | 19179000 | 19029979 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95% (1 day USD SOFR + 1.065%)<sup>(2)</sup> | 02/04/32 | 9805000 | 8749002 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.07% (1 day USD SOFR + 1.015%)<sup>(2)</sup> | 06/01/29 | 3013000 | 2877596 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.18% (1 day USD SOFR + 1.890%)<sup>(2)</sup> | 06/01/28 | 2490000 | 2428646 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55% (1 day USD SOFR + 1.180%)<sup>(2)</sup> | 11/08/32 | 20371000 | 18387883 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.58% (3 mo. USD Term SOFR + 1.250%)<sup>(2)</sup> | 04/22/32 | 19039000 | 17411546 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95% (1 day USD SOFR + 1.170%)<sup>(2)</sup> | 02/24/28 | 23236000 | 22961350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.96% (1 day USD SOFR + 1.260%)<sup>(2)</sup> | 01/25/33 | 7747000 | 7113605 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70% (3 mo. USD Term SOFR + 1.422%)<sup>(2)</sup> | 05/06/30 | 2876000 | 2834068 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.01% (3 mo. USD Term SOFR + 1.382%)<sup>(2)</sup> | 04/23/29 | 2671000 | 2669317 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45% (3 mo. USD Term SOFR + 1.592%)<sup>(2)</sup> | 12/05/29 | 8325000 | 8413328 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.01% (1 day USD SOFR + 1.310%)<sup>(2)</sup> | 01/23/30 | 10505000 | 10775609 |
|  Morgan Stanley |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.51% (1 day USD SOFR + 0.858%)<sup>(2)</sup> | 07/20/27 | 1000000 | 986120 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.79% (1 day USD SOFR + 1.034%)<sup>(2)</sup> | 02/13/32 | 4798000 | 4218689 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.93% (1 day USD SOFR + 1.020%)<sup>(2)</sup> | 04/28/32 | 2890000 | 2537391 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.24% (1 day USD SOFR + 1.178%)<sup>(2)</sup> | 07/21/32 | 28402000 | 25236313 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.51% (1 day USD SOFR + 1.200%)<sup>(2)</sup> | 10/20/32 | 455000 | 408490 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.94% (1 day USD SOFR + 1.290%)<sup>(2)</sup> | 01/21/33 | 2483000 | 2267525 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.32% (1 day USD SOFR + 1.555%)<sup>(2)</sup> | 07/19/35 | 2325000 | 2395866 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.83% (1 day USD SOFR + 1.580%)<sup>(2)</sup> | 04/19/35 | 235000 | 250087 |
|  Morgan Stanley Bank NA<br>5.02% (1 day USD SOFR + 0.906%)<sup>(2)</sup> | 01/12/29 | 17635000 | 17969536 |
|  Morgan Stanley Private Bank NA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20% (1 day USD SOFR + 0.780%)<sup>(2)</sup> | 11/17/28 | 5000000 | 5015950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.47% (1 day USD SOFR + 1.020%)<sup>(2)</sup> | 11/19/31 | 13745000 | 13782936 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.73% (1 day USD SOFR + 1.080%)<sup>(2)</sup> | 07/18/31 | 3277000 | 3322714 |
|  PNC Financial Services Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.07% (1 day USD SOFR + 1.933%)<sup>(2)</sup> | 01/24/34 | 3000 | 3073 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.58% (1 day USD SOFR + 1.394%)<sup>(2)</sup> | 01/29/36 | 300000 | 313317 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.68% (1 day USD SOFR + 1.902%)<sup>(2)</sup> | 01/22/35 | 1465000 | 1546967 |
|  Santander U.K. Group Holdings PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.47% (1 day USD SOFR + 1.220%)<sup>(2)</sup> | 01/11/28 | 15466000 | 15202150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.82% (3 mo. USD LIBOR + 1.400%)<sup>(2)</sup> | 11/03/28 | 2200000 | 2186712 |
|  U.S. Bancorp |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65% (1 day USD SOFR + 1.230%)<sup>(2)</sup> | 02/01/29 | 70000 | 70892 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.68% (1 day USD SOFR + 1.860%)<sup>(2)</sup> | 01/23/35 | 2715000 | 2870298 |
|  Wells Fargo & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.39% (1 day USD SOFR + 2.100%)<sup>(2)</sup> | 06/02/28 | 61030000 | 59653773 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88% (3 mo. USD Term SOFR + 1.432%)<sup>(2)</sup> | 10/30/30 | 69972000 | 66625939 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Banks (Continued)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35% (1 day USD SOFR + 1.500%)<sup>(2)</sup> | 03/02/33 | $2000 | $1868 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90% (1 day USD SOFR + 2.100%)<sup>(2)</sup> | 07/25/33 | 3000 | 3049 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.57% (1 day USD SOFR + 1.740%)<sup>(2)</sup> | 07/25/29 | 14844000 | 15369181 |
|  |  |  | 943974416 |
|  **Beverages** — **0.0%** |  |  |  |
|  Bacardi Ltd.<br>5.15%<sup>(1)</sup> | 05/15/38 | 2881000 | 2739514 |
|  Diageo Investment Corp. (United Kingdom)<br>5.63% | 04/15/35 | 3595000 | 3810664 |
|  |  |  | 6550178 |
|  **Biotechnology** — **0.0%** |  |  |  |
|  Illumina, Inc.<br>2.55% | 03/23/31 | 200000 | 181480 |
|  Royalty Pharma PLC<br>1.75% | 09/02/27 | 1295000 | 1247655 |
|  |  |  | 1429135 |
|  **Chemicals** — **0.2%** |  |  |  |
|  FIS Fabbrica Italiana Sintetici SpA (Italy)<br>5.63%<sup>(10)</sup> | 08/01/27 | 5100000 | 6009224 |
|  International Flavors & Fragrances, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.83%<sup>(1)</sup> | 10/15/27 | 1615000 | 1549996 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%<sup>(1)</sup> | 11/01/30 | 48565000 | 43826999 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.27%<sup>(1)</sup> | 11/15/40 | 10351000 | 7964991 |
|  |  |  | 59351210 |
|  **Commercial Services** — **0.1%** |  |  |  |
|  Grand Canyon University<br>5.13% | 10/01/28 | 5308000 | 5293191 |
|  Rollins, Inc.<br>5.25% | 02/24/35 | 8000000 | 8184640 |
|  VT Topco, Inc.<br>8.50%<sup>(1)</sup> | 08/15/30 | 4607000 | 4812656 |
|  |  |  | 18290487 |
|  **Computers** — **0.1%** |  |  |  |
|  Dell International LLC/EMC Corp.<br>5.00% | 04/01/30 | 24890000 | 25505779 |
|  **Diversified Financial Services** — **0.5%** |  |  |  |
|  AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45% | 10/29/26 | 11203000 | 11058930 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 10/29/28 | 58242000 | 56499399 |
|  Air Lease Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20% | 01/15/27 | 18695000 | 18323343 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88% | 01/15/26 | 10055000 | 10047459 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 10/01/29 | 2090000 | 1998354 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63% | 10/01/28 | 2000000 | 2009120 |
|  American Express Co.<br>4.92% (1 day USD SOFR + 1.220%)<sup>(2)</sup> | 07/20/33 | 15935000 | 16225017 |
|  Avolon Holdings Funding Ltd. (Ireland) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.53%<sup>(1)</sup> | 11/18/27 | 53870000 | 52282451 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%<sup>(1)</sup> | 02/15/27 | 5900000 | 5838699 |
|  |  |  | 174282772 |
|  **Electric** — **2.0%** |  |  |  |
|  Alliant Energy Corp.<br>5.75% (5 yr. CMT + 2.077%)<sup>(2)</sup> | 04/01/56 | 26430000 | 26400134 |
|  Alliant Energy Finance LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%<sup>(1)</sup> | 03/01/32 | 4515000 | 4205632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%<sup>(1)</sup> | 03/30/29 | 4120000 | 4309726 |
|  American Electric Power Co., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80% (5 yr. CMT + 2.128%)<sup>(2)</sup> | 03/15/56 | 58030000 | 57634816 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05% (5 yr. CMT + 1.940%)<sup>(2)</sup> | 03/15/56 | 11615000 | 11426721 |
|  Amprion GmbH (Germany)<br>4.00%<sup>(10)</sup> | 05/21/44 | 3800000 | 4218434 |
|  Appalachian Power Co.<br>5.65% | 04/01/34 | 18900000 | 19801908 |
|  Arizona Public Service Co.<br>6.35% | 12/15/32 | 2444000 | 2671194 |
|  Ausgrid Finance Pty. Ltd. (Australia)<br>5.95%<sup>(10)</sup> | 12/10/35 | 4370000 | 2905858 |
|  Black Hills Corp.<br>6.15% | 05/15/34 | 8020000 | 8611555 |
|  CenterPoint Energy, Inc.<br>5.95% (5 yr. CMT + 2.223%)<sup>(2)</sup> | 04/01/56 | 39005000 | 39323281 |
|  Comision Federal de Electricidad (Mexico)<br>3.35%<sup>(10)</sup> | 02/09/31 | 3368000 | 3064914 |
|  Dominion Energy, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00% (5 yr. CMT + 2.262%)<sup>(2)</sup> | 02/15/56 | 11960000 | 12049580 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20% (5 yr. CMT + 2.006%)<sup>(2)</sup> | 02/15/56 | 35570000 | 35817567 |
|  Duke Energy Carolinas LLC<br>4.00% | 09/30/42 | 1239000 | 1043411 |
|  Duke Energy Florida LLC<br>5.88% | 11/15/33 | 2409000 | 2603719 |
|  E.ON SE (Germany)<br>5.46%<sup>(10)</sup> | 10/21/35 | 13750000 | 8898786 |
|  Electricite de France SA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%<sup>(10)</sup> | 12/09/49 | 50000000 | 34714996 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38% (5 yr. EURIBOR ICE Swap + 2.074%)<sup>(2),(10),(11)</sup> | 01/06/31 | 14200000 | 16524935 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.64%<sup>(10)</sup> | 08/28/35 | 9200000 | 5971827 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%<sup>(1)</sup> | 01/13/55 | 1885000 | 1971672 |
|  Elia Group SA (Belgium)<br>3.88%<sup>(10)</sup> | 06/11/31 | 10200000 | 12193707 |
|  EnBW International Finance BV (Germany)<br>5.79%<sup>(10)</sup> | 02/26/36 | 7540000 | 4931811 |
|  Entergy Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% (5 yr. CMT + 2.179%)<sup>(2)</sup> | 06/15/56 | 31755000 | 31780404 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10% (5 yr. CMT + 2.013%)<sup>(2)</sup> | 06/15/56 | 11840000 | 11840592 |
|  FirstEnergy Pennsylvania Electric Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%<sup>(1)</sup> | 03/15/28 | 125000 | 122564 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%<sup>(1)</sup> | 01/15/29 | 13381000 | 13392106 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%<sup>(1)</sup> | 03/30/26 | 3000000 | 3007650 |
|  FirstEnergy Transmission LLC<br>2.87%<sup>(1)</sup> | 09/15/28 | 40514000 | 39199321 |
|  Interstate Power & Light Co.<br>5.70% | 10/15/33 | 11850000 | 12470347 |
|  Jersey Central Power & Light Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%<sup>(1)</sup> | 03/01/32 | 820000 | 737803 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40% | 05/15/36 | 1404000 | 1537464 |
|  MVM Energetika Zrt (Hungary)<br>6.50%<sup>(10)</sup> | 03/13/31 | 2988000 | 3158047 |
|  Niagara Mohawk Power Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.03%<sup>(1)</sup> | 06/27/50 | 3543000 | 2267662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.28%<sup>(1)</sup> | 10/01/34 | 4375000 | 4136038 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** | **Value** |
|  **Electric (Continued)** |  |  |  |  |
|  NSW Electricity Networks Finance Pty. Ltd. (Australia)<br>6.30% (3 mo. AUD Bank Bill Swap + 2.200%)<sup>(2),(10)</sup> | 11/20/55 | $AUD | 7430000 | $4881464 |
|  Public Service Co. of Oklahoma<br>5.45% | 01/15/36 |  | 12140000 | 12462924 |
|  RTE Reseau de Transport d'Electricite SADIR (France)<br>3.75%<sup>(10)</sup> | 04/30/44 | EUR | 4800000 | 5225835 |
|  Southern Co.<br>3.75% (5 yr. CMT + 2.915%)<sup>(2)</sup> | 09/15/51 |  | 65307000 | 64490009 |
|  Southwestern Electric Power Co. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75% | 10/01/26 |  | 26488000 | 26256495 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85% | 02/01/48 |  | 17395000 | 12995283 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30% | 04/01/33 |  | 29341000 | 30156093 |
|  Tennet Netherlands BV<br>4.75%<sup>(10)</sup> | 10/28/42 | EUR | 14082000 | 17776362 |
|  |  |  |  | 619190647 |
|  **Energy-Alternate Sources** — **0.0%** |  |  |  |  |
|  Alta Wind Holdings LLC<br>7.00%<sup>(1)</sup> | 06/30/35 |  | 2923028 | 2946003 |
|  **Engineering & Construction** — **0.1%** |  |  |  |  |
|  Heathrow Funding Ltd. (United Kingdom) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(10)</sup> | 01/16/38 | EUR | 9465000 | 10987560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(10)</sup> | 07/11/35 | EUR | 12080000 | 14940144 |
|  |  |  |  | 25927704 |
|  **Entertainment** — **0.1%** |  |  |  |  |
|  Flutter Treasury DAC (Ireland) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(1)</sup> | 04/29/29 | EUR | 2320000 | 2813715 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(1)</sup> | 06/04/31 |  | 17745000 | 18006029 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%<sup>(10)</sup> | 06/04/31 | GBP | 3000000 | 4078809 |
|  Ontario Gaming GTA LP/OTG Co-Issuer, Inc. (Canada)<br>8.00%<sup>(1)</sup> | 08/01/30 |  | 490000 | 466745 |
|  Voyager Parent LLC<br>9.25%<sup>(1)</sup> | 07/01/32 |  | 3468000 | 3683397 |
|  WarnerMedia Holdings, Inc.<br>5.14% | 03/15/52 |  | 8440000 | 5589474 |
|  |  |  |  | 34638169 |
|  **Environmental Control** — **0.0%** |  |  |  |  |
|  Biffa Group Holdings Ltd, Reg. S (United Kingdom)<br>7.38%<sup>(10)</sup> | 06/15/31 | GBP | 200000 | 271644 |
|  **Food** — **0.4%** |  |  |  |  |
|  JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL<br>4.38% | 02/02/52 |  | 33256000 | 25786037 |
|  Pilgrim's Pride Corp. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 03/01/32 |  | 56833000 | 52521080 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88% | 05/15/34 |  | 4500000 | 4986630 |
|  Smithfield Foods, Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%<sup>(1)</sup> | 09/13/31 |  | 14435000 | 12809331 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(1)</sup> | 10/15/30 |  | 8890000 | 8195780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%<sup>(1)</sup> | 02/01/27 |  | 24855000 | 24802059 |
|  |  |  |  | 129100917 |
|  **Gas** — **0.2%** |  |  |  |  |
|  AmeriGas Partners LP/AmeriGas Finance Corp. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.38%<sup>(1)</sup> | 06/01/28 |  | 3500000 | 3626665 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%<sup>(1)</sup> | 06/01/30 |  | 2094000 | 2232099 |
|  Brooklyn Union Gas Co. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.87%<sup>(1)</sup> | 08/05/32 |  | 1700000 | 1686179 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.39%<sup>(1)</sup> | 09/15/33 |  | 1120000 | 1208032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.42%<sup>(1)</sup> | 07/18/54 |  | 10000000 | 10424500 |
|  CenterPoint Energy Resources Corp.<br>5.40% | 07/01/34 |  | 2500000 | 2581800 |
|  NiSource, Inc.<br>5.75% (5 yr. CMT + 2.035%)<sup>(2)</sup> | 07/15/56 |  | 45690000 | 46064201 |
|  Piedmont Natural Gas Co., Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50% | 03/15/31 |  | 7272000 | 6636864 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40% | 06/15/33 |  | 3070000 | 3196023 |
|  Southern Co. Gas Capital Corp.<br>4.40% | 05/30/47 |  | 50000 | 41778 |
|  |  |  |  | 77698141 |
|  **Health Care-Products** — **0.1%** |  |  |  |  |
|  Sartorius Finance BV (Germany) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(10)</sup> | 09/14/32 | EUR | 2000000 | 2460756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(10)</sup> | 09/14/35 | EUR | 11400000 | 14192864 |
|  Werfen SA (Spain)<br>3.63%<sup>(10)</sup> | 02/12/32 | EUR | 2800000 | 3274288 |
|  |  |  |  | 19927908 |
|  **Health Care-Services** — **1.3%** |  |  |  |  |
|  Centene Corp. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50% | 03/01/31 |  | 3387000 | 2923895 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63% | 08/01/31 |  | 23000000 | 19778160 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 10/15/30 |  | 48742000 | 43647486 |
|  Cigna Group<br>5.25% | 01/15/36 |  | 55025000 | 56036360 |
|  Elevance Health, Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60% | 09/15/32 |  | 10000000 | 9990000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 01/15/36 |  | 22790000 | 22679924 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20% | 02/15/35 |  | 28644000 | 29279037 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 06/15/34 |  | 9507000 | 9832805 |
|  Eurofins Scientific SE (Luxemburg)<br>5.75% (3 mo. EUR EURIBOR + 3.185%)<sup>(2),(10),(11)</sup> | 01/04/32 | EUR | 100000 | 123490 |
|  Fresenius Medical Care U.S. Finance III, Inc. (Germany)<br>1.88%<sup>(1)</sup> | 12/01/26 |  | 67592000 | 66087402 |
|  HCA, Inc.<br>2.38% | 07/15/31 |  | 563000 | 504820 |
|  Humana, Inc.<br>5.55% | 05/01/35 |  | 49285000 | 50363849 |
|  Kedrion SpA (Italy)<br>6.50%<sup>(1)</sup> | 09/01/29 |  | 867000 | 854775 |
|  ModivCare, Inc.<br>5.00%<sup>(1),(4),(9),(12)</sup> | 10/01/29 |  | 44324700 | 664871 |
|  Premier Health Partners<br>2.91% | 11/15/26 |  | 2229000 | 2201516 |
|  UnitedHealth Group, Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15% | 07/15/34 |  | 5000000 | 5128550 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63% | 07/15/54 |  | 33090000 | 32527801 |
|  Universal Health Services, Inc.<br>1.65% | 09/01/26 |  | 45000000 | 44288550 |
|  |  |  |  | 396913291 |
|  **Household Products/Wares** — **0.0%** |  |  |  |  |
|  Spectrum Brands, Inc.<br>3.88%<sup>(1)</sup> | 03/15/31 |  | 4976000 | 4070268 |
|  **Insurance** — **0.6%** |  |  |  |  |
|  Athene Global Funding<br>1.61%<sup>(1)</sup> | 06/29/26 |  | 31415000 | 31023569 |
|  Farmers Exchange Capital |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.05%<sup>(1)</sup> | 07/15/28 |  | 13283000 | 13944095 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.20%<sup>(1)</sup> | 07/15/48 |  | 18415000 | 18782379 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Insurance (Continued)** |  |  |  |
|  Farmers Exchange Capital II<br>6.15% (3 mo. USD Term SOFR + 4.006%)<sup>(1),(2)</sup> | 11/01/53 | $57061000 | $56259864 |
|  Farmers Exchange Capital III<br>5.45% (3 mo. USD Term SOFR + 3.716%)<sup>(1),(2)</sup> | 10/15/54 | 49425000 | 46715521 |
|  Farmers Insurance Exchange<br>4.75% (3 mo. USD LIBOR + 3.231%)<sup>(1),(2)</sup> | 11/01/57 | 23060000 | 19613683 |
|  Teachers Insurance & Annuity Association of America |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%<sup>(1)</sup> | 05/15/50 | 1135000 | 781743 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.27%<sup>(1)</sup> | 05/15/47 | 3496000 | 2889409 |
|  |  |  | 190010263 |
|  **Internet** — **0.5%** |  |  |  |
|  Alphabet, Inc.<br>3.50% | 11/06/38 | 860000 | 978373 |
|  Amazon.com, Inc.<br>5.45% | 11/20/55 | 22235000 | 21744051 |
|  Getty Images, Inc.<br>10.50%<sup>(1)</sup> | 11/15/30 | 6985000 | 7052336 |
|  ION Platform Finance U.S., Inc./ION Platform Finance Sarl<br>8.75%<sup>(1)</sup> | 05/01/29 | 5724000 | 5810948 |
|  Meta Platforms, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88% | 11/15/35 | 37260000 | 37250685 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 11/15/45 | 77000000 | 74891740 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55% | 08/15/64 | 5000000 | 4653600 |
|  Uber Technologies, Inc.<br>4.30% | 01/15/30 | 1944000 | 1955586 |
|  |  |  | 154337319 |
|  **Investment Companies** — **0.1%** |  |  |  |
|  Icahn Enterprises LP/Icahn Enterprises Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% | 06/15/30 | 16598000 | 15891589 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.75% | 01/15/29 | 11566000 | 11574790 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.00%<sup>(1)</sup> | 11/15/29 | 437000 | 437057 |
|  |  |  | 27903436 |
|  **Lodging** — **0.1%** |  |  |  |
|  Las Vegas Sands Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63% | 06/15/28 | 29515000 | 30283866 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00% | 06/14/30 | 1130000 | 1185471 |
|  |  |  | 31469337 |
|  **Machinery-Diversified** — **0.0%** |  |  |  |
|  Oregon Tool Lux LP<br>7.88%<sup>(1)</sup> | 10/15/29 | 12270896 | 2847830 |
|  **Media** — **0.6%** |  |  |  |
|  CCO Holdings LLC/CCO Holdings Capital Corp.<br>4.25%<sup>(1)</sup> | 01/15/34 | 2850000 | 2428399 |
|  Charter Communications Operating LLC/Charter Communications Operating Capital |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30% | 02/01/32 | 10000000 | 8610000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 06/01/41 | 4605000 | 3278714 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 03/01/42 | 9605000 | 6663757 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90% | 06/01/52 | 18000 | 11656 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80% | 03/01/50 | 3458000 | 2609338 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13% | 07/01/49 | 14837000 | 11640072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 04/01/38 | 505000 | 466034 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85% | 12/01/35 | 29325000 | 29313563 |
|  CSC Holdings LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(1)</sup> | 11/15/31 | 775000 | 472688 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%<sup>(1)</sup> | 12/01/30 | 4879000 | 1747658 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(1)</sup> | 01/15/30 | 175000 | 64656 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 02/01/29 | 43925000 | 29162686 |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.75%<sup>(1)</sup> | 01/31/29 | 30907000 | 23061567 |
|  Scripps Escrow II, Inc.<br>3.88%<sup>(1)</sup> | 01/15/29 | 1773000 | 1631444 |
|  Time Warner Cable LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50% | 09/15/42 | 27580000 | 21285141 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 09/01/41 | 6812000 | 5986454 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 11/15/40 | 2016000 | 1869114 |
|  Virgin Media Secured Finance PLC (United Kingdom)<br>5.50%<sup>(1)</sup> | 05/15/29 | 740000 | 729462 |
|  Virgin Media Vendor Financing Notes III DAC (United Kingdom)<br>4.88%<sup>(10)</sup> | 07/15/28 | 19815000 | 26008242 |
|  |  |  | 177040645 |
|  **Mining** — **0.0%** |  |  |  |
|  Corp. Nacional del Cobre de Chile<br>5.13%<sup>(10)</sup> | 02/02/33 | 8908000 | 8952807 |
|  **Miscellaneous Manufacturers** — **0.1%** |  |  |  |
|  Dyno Nobel Ltd. (Australia)<br>5.82% | 08/08/35 | 13480000 | 8816994 |
|  Smiths Group PLC (United Kingdom)<br>3.63%<sup>(10)</sup> | 11/13/33 | 20925000 | 24123927 |
|  |  |  | 32940921 |
|  **Oil & Gas** — **0.2%** |  |  |  |
|  Ecopetrol SA (Colombia)<br>8.88% | 01/13/33 | 11674000 | 12473669 |
|  KazMunayGas National Co. JSC (Kazakhstan) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(1)</sup> | 04/14/33 | 1443000 | 1303736 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(10)</sup> | 04/14/33 | 12735000 | 11505945 |
|  Petroleos Mexicanos<br>6.75% | 09/21/47 | 4181000 | 3423737 |
|  Sunoco LP<br>7.88% (5 yr. CMT + 4.230%)<sup>(1),(2),(11)</sup> | 09/18/30 | 18486000 | 18977913 |
|  Transocean International Ltd.<br>8.75%<sup>(1)</sup> | 02/15/30 | 2617500 | 2735706 |
|  |  |  | 50420706 |
|  **Packaging & Containers** — **0.5%** |  |  |  |
|  Amcor Flexibles North America, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10% | 03/17/30 | 19322000 | 19844467 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 03/17/35 | 10020000 | 10370700 |
|  Amcor U.K. Finance PLC (Australia) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% | 02/20/33 | 9595000 | 11156277 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95% | 05/29/32 | 4570000 | 5443454 |
|  AptarGroup, Inc.<br>4.75% | 03/30/31 | 15050000 | 15169948 |
|  Ardagh Group SA<br>9.50%<sup>(1)</sup> | 12/01/30 | 4413000 | 4786472 |
|  Berry Global, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.57% | 01/15/26 | 37992000 | 37954388 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65% | 01/15/27 | 16949000 | 16526970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(1)</sup> | 07/15/26 | 38211000 | 38225520 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65% | 01/15/34 | 1570000 | 1638562 |
|  |  |  | 161116758 |
|  **Pharmaceuticals** — **0.7%** |  |  |  |
|  1261229 BC Ltd.<br>10.00%<sup>(1)</sup> | 04/15/32 | 12142000 | 12652692 |
|  Bayer U.S. Finance II LLC (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%<sup>(1)</sup> | 04/15/45 | 17489000 | 13107831 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%<sup>(1)</sup> | 12/15/28 | 4212000 | 4217686 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%<sup>(1)</sup> | 07/15/44 | 67748000 | 54814907 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%<sup>(1)</sup> | 06/25/38 | 16729000 | 15341664 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Pharmaceuticals (Continued)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(1)</sup> | 07/30/35 | $3820000 | $3879134 |
|  CVS Health Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.78% | 03/25/38 | 11472000 | 10850562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05% | 03/25/48 | 21046000 | 18588248 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13% | 07/20/45 | 12700000 | 11489055 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 06/01/53 | 13496000 | 13120946 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75% (5 yr. CMT + 2.516%)<sup>(2)</sup> | 12/10/54 | 14063000 | 14703851 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00% (5 yr. CMT + 2.886%)<sup>(2)</sup> | 03/10/55 | 17780000 | 18661355 |
|  Galderma Finance Europe BV (Netherlands)<br>3.50%<sup>(10)</sup> | 03/20/30 | 6035000 | 7186117 |
|  Grifols SA (Spain) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(10)</sup> | 10/15/28 | 3995000 | 4644447 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%<sup>(10)</sup> | 05/01/30 | 5820000 | 7186705 |
|  |  |  | 210445200 |
|  **Pipelines** — **0.2%** |  |  |  |
|  Galaxy Pipeline Assets Bidco Ltd. (United Arab Emirates)<br>2.16%<sup>(1)</sup> | 03/31/34 | 5490040 | 4981278 |
|  Global Partners LP/GLP Finance Corp.<br>8.25%<sup>(1)</sup> | 01/15/32 | 1150000 | 1212606 |
|  QazaqGaz NC JSC (Kazakhstan)<br>4.38%<sup>(10)</sup> | 09/26/27 | 5091000 | 5076745 |
|  TransCanada PipeLines Ltd. (Canada)<br>5.85% | 03/15/36 | 2878000 | 3011194 |
|  Venture Global LNG, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% (5 yr. CMT + 5.440%)<sup>(1),(2),(11)</sup> | 09/30/29 | 17445000 | 13830570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.88%<sup>(1)</sup> | 02/01/32 | 12080000 | 12487338 |
|  Venture Global Plaquemines LNG LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%<sup>(1)</sup> | 12/15/30 | 6296000 | 6413672 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 06/15/34 | 1574000 | 1611587 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%<sup>(1)</sup> | 01/15/36 | 8185000 | 8385205 |
|  |  |  | 57010195 |
|  **Real Estate** — **0.2%** |  |  |  |
|  Blackstone Property Partners Europe Holdings SARL (Luxembourg)<br>1.00%<sup>(10)</sup> | 05/04/28 | 13936000 | 15654845 |
|  CBRE Open-Ended Funds SCA SICAV-SIF (Luxemburg)<br>4.75%<sup>(10)</sup> | 03/27/34 | 2765000 | 3385044 |
|  LEG Immobilien SE (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%<sup>(10)</sup> | 03/30/33 | 8100000 | 7701004 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%<sup>(10)</sup> | 01/17/34 | 2800000 | 2706667 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%<sup>(10)</sup> | 11/28/34 | 18600000 | 17796505 |
|  Vonovia SE (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(10)</sup> | 11/23/30 | 700000 | 887473 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.72%<sup>(10)</sup> | 09/03/35 | 13800000 | 8870040 |
|  |  |  | 57001578 |
|  **REIT** — **0.8%** |  |  |  |
|  American Assets Trust LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38% | 02/01/31 | 1704000 | 1554644 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15% | 10/01/34 | 6925000 | 7037324 |
|  American Homes 4 Rent LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38% | 07/15/31 | 2845000 | 2545251 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38% | 07/15/51 | 7558000 | 5123871 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 07/15/34 | 5000000 | 5171150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 02/01/34 | 1086000 | 1123782 |
|  American Tower Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88% | 10/15/30 | 3336000 | 2980516 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90% | 01/15/30 | 2025000 | 1923831 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70% | 12/15/32 | 10515000 | 10536871 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90% | 03/15/30 | 26040000 | 26603766 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55% | 07/15/33 | 975000 | 1022795 |
|  Crown Castle, Inc. (REIT)<br>2.10% | 04/01/31 | 23220000 | 20508136 |
|  Equinix Europe 2 Financing Corp. LLC (REIT)<br>3.63% | 11/22/34 | 20680000 | 23528405 |
|  Extra Space Storage LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20% | 10/15/30 | 1090000 | 987006 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40% | 10/15/31 | 14348000 | 12753937 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55% | 06/01/31 | 1500000 | 1357050 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 12/15/27 | 928000 | 925801 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90% | 04/01/29 | 1430000 | 1413312 |
|  Federal Realty OP LP (REIT)<br>7.48% | 08/15/26 | 18825000 | 19143142 |
|  GLP Capital LP/GLP Financing II, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% | 01/15/31 | 7310000 | 7001737 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30% | 01/15/29 | 13180000 | 13425939 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% | 06/01/28 | 24498000 | 25151852 |
|  Healthcare Realty Holdings LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40% | 03/15/30 | 2000 | 1820 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63% | 01/15/28 | 25359000 | 25044295 |
|  Hudson Pacific Properties LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 01/15/30 | 22092000 | 18837186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95% | 11/01/27 | 12220000 | 11683420 |
|  LXP Industrial Trust<br>6.75% | 11/15/28 | 992000 | 1052175 |
|  VICI Properties LP/VICI Note Co., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(1)</sup> | 02/15/29 | 6903000 | 6775225 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%<sup>(1)</sup> | 08/15/30 | 3627000 | 3522687 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(1)</sup> | 01/15/28 | 2727000 | 2732890 |
|  WP Carey, Inc. (REIT)<br>4.25% | 07/23/32 | 3655000 | 4406500 |
|  |  |  | 265876316 |
|  **Retail** — **0.4%** |  |  |  |
|  BCPE Flavor Debt Merger Sub LLC & BCPE Flavor Issuer, Inc.<br>9.50%<sup>(1)</sup> | 07/01/32 | 5120000 | 4909978 |
|  Ferrellgas LP/Ferrellgas Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(1)</sup> | 04/01/29 | 22349000 | 21497280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.25%<sup>(1)</sup> | 01/15/31 | 8946000 | 9227799 |
|  Michaels Cos., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(1)</sup> | 05/01/28 | 23069000 | 22195838 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%<sup>(1)</sup> | 05/01/29 | 8511000 | 7861100 |
|  Papa John's International, Inc.<br>3.88%<sup>(1)</sup> | 09/15/29 | 9150000 | 8742276 |
|  Starbucks Corp.<br>4.80% | 05/15/30 | 27035000 | 27620308 |
|  Suburban Propane Partners LP/Suburban Energy Finance Corp.<br>6.50%<sup>(1)</sup> | 12/15/35 | 9890000 | 9897318 |
|  |  |  | 111951897 |
|  **Semiconductors** — **0.1%** |  |  |  |
|  Foundry JV Holdco LLC<br>5.50%<sup>(1)</sup> | 01/25/31 | 2710000 | 2799999 |
|  Intel Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00% | 08/12/31 | 10522000 | 9232319 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 11/15/49 | 40022000 | 25674913 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.73% | 12/08/47 | 7561000 | 5388649 |
|  |  |  | 43095880 |
|  **Software** — **0.5%** |  |  |  |
|  Fiserv, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25% | 08/11/35 | 38150000 | 38114902 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45% | 03/15/34 | 18510000 | 18791352 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63% | 08/21/33 | 17345000 | 17891714 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Software (Continued)**  |  |  |  |
|  Open Text Corp. (Canada)<br>6.90%<sup>(1)</sup> | 12/01/27 | $3061000 | $3187174 |
|  Oracle Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88% | 03/25/31 | 6515000 | 5845910 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95% | 03/25/51 | 14754000 | 9739558 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80% | 08/03/28 | 5570000 | 5597572 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 09/26/45 | 37962000 | 34396229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95% | 09/26/55 | 24475000 | 21746282 |
|  |  |  | 155310693 |
|  **Telecommunications** — **0.9%** |  |  |  |
|  Altice Financing SA (Luxembourg)<br>9.63%<sup>(1)</sup> | 07/15/27 | 9869000 | 7612157 |
|  Altice France SA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 04/15/32 | 920924 | 884621 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%<sup>(1)</sup> | 11/01/29 | 703549 | 724234 |
|  Global Switch Finance BV (United Kingdom)<br>1.38%<sup>(10)</sup> | 10/07/30 | 63777000 | 70354077 |
|  Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III LLC<br>5.15%<sup>(1)</sup> | 09/20/29 | 135492750 | 136439845 |
|  T-Mobile USA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70% | 01/15/35 | 47915000 | 47126319 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13% | 05/15/32 | 19635000 | 20222479 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15% | 04/15/34 | 450000 | 460584 |
|  Vmed O2 U.K. Financing I PLC (United Kingdom)<br>4.75%<sup>(1)</sup> | 07/15/31 | 4240000 | 3920855 |
|  |  |  | 287745171 |
|  **Transportation** — **0.1%** |  |  |  |
|  Aurizon Network Pty. Ltd. (Australia)<br>2.90%<sup>(10)</sup> | 09/02/30 | 17130000 | 10119186 |
|  Pacific National Finance Pty. Ltd. (Australia)<br>3.70% | 09/24/29 | 26170000 | 16044000 |
|  |  |  | 26163186 |
|  **Trucking & Leasing** — **0.0%** |  |  |  |
|  SMBC Aviation Capital Finance DAC (Ireland) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%<sup>(1)</sup> | 04/01/30 | 4410000 | 4515046 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%<sup>(1)</sup> | 04/03/29 | 500000 | 514105 |
|  |  |  | 5029151 |
|  **Water** — **0.3%** |  |  |  |
|  DWR Cymru Financing U.K. PLC<br>2.38%<sup>(10)</sup> | 03/31/34 | 5242000 | 5372389 |
|  South West Water Finance PLC (United Kingdom)<br>5.25%<sup>(10)</sup> | 09/15/31 | 17935000 | 24312593 |
|  Suez SACA (France)<br>2.88%<sup>(10)</sup> | 05/24/34 | 8500000 | 9263567 |
|  Veolia Environnement SA (France)<br>4.32% (5 yr. EURIBOR ICE Swap + 1.837%)<sup>(2),(10),(11)</sup> | 10/24/32 | 17000000 | 19896778 |
|  Yorkshire Water Finance PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%<sup>(10)</sup> | 07/22/33 | 10000000 | 13694219 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%<sup>(10)</sup> | 11/18/34 | 11442000 | 15929479 |
|  |  |  | 88469025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $4,960,958,603) |  |  | 4882514367 |
|  **MUNICIPAL BONDS** — **0.6%** |  |  |  |
|  City & County of Denver Airport System Revenue, Series C<br>2.39% | 11/15/31 | 3010000 | 2750827 |
|  City of Los Angeles Department of Airports, Series F<br>5.00% | 05/15/44 | 185000 | 189960 |
|  City of New York, General Obligation Unlimited<br>3.62% | 04/01/31 | 3145000 | 3082182 |
|  City of New York, Series D1<br>5.99% | 12/01/36 | 1828787 | 1911516 |
|  Empire State Development Corp.,<br>5.77% | 03/15/39 | 120000 | 124055 |
|  Jersey City Municipal Utilities Authority, Series B<br>5.47% | 05/15/27 | 125000 | 126916 |
|  Medina Valley Independent School District, General Obligation Unlimited<br>4.75% | 02/15/50 | 1570000 | 1601629 |
|  Navarro Independent School District, General Obligation Unlimited<br>5.00% | 02/15/55 | 2250000 | 2335738 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue,<br>5.27% | 05/01/27 | 13135000 | 13370103 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Revenue Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.97% | 02/01/33 | 3090000 | 2619260 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00% | 08/01/35 | 4055000 | 3199452 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 11/01/53 | 5445000 | 5643138 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 05/01/54 | 5065000 | 5253469 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Revenue Bonds, Series F-3 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13% | 02/01/35 | 1250000 | 1310766 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15% | 02/01/36 | 1250000 | 1277300 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Series A-2<br>4.60% | 05/01/31 | 820000 | 834301 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Series A3<br>3.88% | 08/01/31 | 3135000 | 3082081 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Series B-3<br>4.00% | 08/01/33 | 6450000 | 6238176 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Series D-3<br>2.40% | 11/01/32 | 3175000 | 2794092 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Series G3<br>2.45% | 11/01/34 | 3000000 | 2519856 |
|  New York State Dormitory Authority,<br>5.43% | 03/15/39 | 20195000 | 20691090 |
|  New York State Dormitory Authority, Revenue Bonds<br>4.00% | 03/15/48 | 2330000 | 2127698 |
|  New York State Dormitory Authority, Revenue bonds<br>5.29% | 03/15/33 | 39746921 | 40424447 |
|  New York State Dormitory Authority, Series A<br>4.00% | 03/15/47 | 155000 | 143208 |
|  New York State Thruway Authority, Revenue Bonds<br>5.00% | 03/15/59 | 27365000 | 28172760 |
|  Regents of the University of California Medical Center Pooled Revenue, Revenue Bonds<br>3.26% | 05/15/60 | 8325000 | 5390163 |
|  Regents of the University of California Medical Center Pooled Revenue, Series N<br>3.01% | 05/15/50 | 17955000 | 11775051 |
|  University of California, Series AP<br>3.93% | 05/15/45 | 6615000 | 6050979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Municipal Bonds** (Cost: $191,808,587) |  |  | 175040213 |
|  **FOREIGN GOVERNMENT BONDS** — **1.2%** |  |  |  |
|  Brazil Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00% | 10/20/33 | 10519000 | 10653433 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13% | 03/15/34 | 7531000 | 7622878 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63% | 03/15/35 | 12427000 | 12817083 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FOREIGN GOVERNMENT BONDS (Continued)**  |  |  |  |
|  Guatemala Government Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%<sup>(10)</sup> | 08/15/36 | $25291000 | $26504968 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.60%<sup>(10)</sup> | 06/13/36 | 5853000 | 6299057 |
|  Hungary Government International Bonds<br>2.13%<sup>(1)</sup> | 09/22/31 | 7284000 | 6279609 |
|  Israel Government International Bonds<br>5.38% | 02/19/30 | 15340000 | 15847754 |
|  Mexico Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 02/12/34 | 11840000 | 10250480 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75% | 04/27/32 | 1884000 | 1837540 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88% | 05/19/33 | 6734000 | 6475414 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63% | 09/22/35 | 13699000 | 13524338 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35% | 02/09/35 | 7168000 | 7515720 |
|  New South Wales Treasury Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<sup>(10)</sup> | 02/20/37 | 44360000 | 27830828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(10)</sup> | 02/24/38 | 47195000 | 30632935 |
|  Queensland Treasury Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(10)</sup> | 07/21/37 | 44360000 | 28152082 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(10)</sup> | 08/13/38 | 66320000 | 42589138 |
|  Republic of South Africa Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 06/22/30 | 4438000 | 4594173 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 04/20/32 | 8499000 | 8755500 |
|  Romania Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(10)</sup> | 03/24/35 | 21718000 | 21519932 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%<sup>(10)</sup> | 05/16/36 | 23276000 | 24284782 |
|  Treasury Corp. of Victoria<br>2.00% | 11/20/37 | 41635000 | 19042973 |
|  Western Australian Treasury Corp.<br>5.00%<sup>(10)</sup> | 10/21/37 | 55745000 | 35816338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Foreign Government Bonds** (Cost: $370,734,197) |  |  | 368846955 |
|  **U.S. TREASURY SECURITIES** — **22.8%** |  |  |  |
|  U.S. Treasury Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63% | 11/15/45 | 929715000 | 909740659 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63% | 11/15/55 | 1090141000 | 1052582241 |
|  U.S. Treasury Notes |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 11/30/30 | 575428000 | 569831065 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63% | 12/31/30 | 2666990000 | 2654801029 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 12/31/32 | 1042855000 | 1038862826 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% | 11/15/35 | 933683000 | 921063695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $7,190,904,915) |  |  | 7146881515 |
|  **BANK LOANS** — **1.9%** |  |  |  |
|  **Advertising** — **0.0%** |  |  |  |
|  Advantage Sales & Marketing, Inc. 2024 Term Loan<br>8.45% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 10/28/27 | 4417231 | 3695014 |
|  Research Now Group, Inc. 2024 First Lien First Out Term Loan<br>9.14% (3 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 07/15/28 | 1215625 | 1211370 |
|  |  |  | 4906384 |
|  **Aerospace & Defense** — **0.1%** |  |  |  |
|  HDI Aerospace Intermediate Holding III Corp. Term Loan B<br>7.69% (3 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 02/11/32 | 3482500 | 3508619 |
|  TransDigm, Inc. 2023 Term Loan J<br>6.22% (1 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 02/28/31 | 2324775 | 2336132 |
|  TransDigm, Inc. 2025 Term Loan K<br>5.97% (1 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 03/22/30 | 2280734 | 2289903 |
|  TransDigm, Inc. 2025 Term Loan M<br>6.22% (1 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 08/19/32 | 5596819 | 5626454 |
|  |  |  | 13761108 |
|  **Airlines** — **0.0%** |  |  |  |
|  SkyMiles IP Ltd. 2025 Repriced Term Loan B<br>5.38% (3 mo. USD Term SOFR + 1.500%)<sup>(2)</sup> | 10/20/28 | 7108662 | 7180637 |
|  **Apparel** — **0.0%** |  |  |  |
|  ABG Intermediate Holdings 2 LLC 2024 1st Lien Term Loan B<br>5.97% (1 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 12/21/28 | 3296224 | 3305305 |
|  **Auto Parts & Equipment** — **0.0%** |  |  |  |
|  First Brands Group LLC 2021 Term Loan<br>0.00%<sup>(13)</sup> | 03/30/27 | 1957118 | 19655 |
|  First Brands Group LLC 2025 DIP Term Loan<br>10.84% (1 mo. USD Term SOFR + 7.000%)<sup>(2)</sup> | 06/29/26 | 1427 | 282 |
|  First Brands Group LLC 2025 PIK DIP Roll-Up Term Loan B<br>10.97% (1 mo. USD Term SOFR + 7.130%)<sup>(2)</sup> | 06/29/26 | 633161 | 11080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Auto Parts & Equipment** (Cost: $1,855,752) |  |  | 31017 |
|  **Beverages** — **0.1%** |  |  |  |
|  Celsius Holdings, Inc. 2025 Term Loan B<br>6.17% (3 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 04/01/32 | 2769521 | 2792715 |
|  Naked Juice LLC 2025 FLFO Term Loan<br>9.17% (3 mo. USD Term SOFR + 5.500%)<sup>(2)</sup> | 01/24/29 | 23489795 | 23431071 |
|  Naked Juice LLC 2025 FLSO Term Loan<br>7.02% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 01/24/29 | 6922172 | 4620550 |
|  Naked Juice LLC 2025 FLTO Term Loan<br>9.77% (3 mo. USD Term SOFR + 6.000%)<sup>(2)</sup> | 01/24/30 | 2031322 | 552977 |
|  Primo Brands Corp. 2025 Term Loan B<br>5.92% (3 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 03/31/28 | 917790 | 921465 |
|  |  |  | 32318778 |
|  **Chemicals** — **(0.0%)** |  |  |  |
|  Mativ Holdings, Inc. Delayed Draw Term Loan A<br>6.32% (1 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 05/06/27 | 3121848 | 3090629 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Commercial Services** — **0.1%** | **Commercial Services** — **0.1%** | **Commercial Services** — **0.1%** | **Commercial Services** — **0.1%** |
|  Boost Newco Borrower LLC 2025 USD Term Loan B2<br>5.67% (3 mo. USD Term SOFR + 2.000%)<sup>(2)</sup> | 01/31/31 | $4195208 | $4207017 |
|  CCRR Parent, Inc. Term Loan B<br>8.33% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 03/06/28 | 4607681 | 1353506 |
|  CCRR Parent, Inc. US Acquisition Facility<br>8.17% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 03/06/28 | 3693627 | 1061918 |
|  Element Materials Technology Group U.S. Holdings, Inc. 2022 USD Term Loan<br>7.35% (3 mo. USD Term SOFR + 3.675%)<sup>(2)</sup> | 07/06/29 | 787907 | 795786 |
|  Kelso Industries LLC Term Loan<br>9.57% (3 mo. USD Term SOFR + 5.750%)<sup>(2),(14)</sup> | 12/30/29 | 6269982 | 6285658 |
|  KUEHG Corp. 2025 Term Loan<br>0.00%<sup>(13)</sup> | 06/12/30 | 1770863 | 1723758 |
|  TTF Holdings LLC 2024 Term Loan<br>7.79% (6 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 07/18/31 | 6509758 | 5305452 |
|  |  |  | 20733095 |
|  **Computers** — **0.1%** | **Computers** — **0.1%** | **Computers** — **0.1%** | **Computers** — **0.1%** |
|  McAfee LLC 2024 USD 1st Lien Term Loan B<br>6.72% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 03/01/29 | 883185 | 817948 |
|  Peraton Corp. Term Loan B<br>7.69% (3 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 02/01/28 | 6037432 | 5615899 |
|  Surf Holdings LLC 2025 Incremental Term Loan<br>7.33% (1 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 03/05/27 | 6590574 | 6602733 |
|  X Corp. 2025 Fixed Term Loan<br>9.50% | 10/26/29 | 3208792 | 3203625 |
|  X Corp. Term Loan<br>10.45% (3 mo. USD Term SOFR + 6.500%)<sup>(2)</sup> | 10/26/29 | 4315237 | 4248977 |
|  |  |  | 20489182 |
|  **Cosmetics/personal Care** — **0.0%** | **Cosmetics/personal Care** — **0.0%** | **Cosmetics/personal Care** — **0.0%** | **Cosmetics/personal Care** — **0.0%** |
|  Opal Bidco SAS USD Term Loan B4<br>6.69% (3 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 04/28/32 | 3232718 | 3256963 |
|  **Distribution &wholesale** — **0.0%** | **Distribution &wholesale** — **0.0%** | **Distribution &wholesale** — **0.0%** | **Distribution &wholesale** — **0.0%** |
|  BCPE Empire Holdings, Inc. 2025 Term Loan B<br>6.97% (1 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 12/11/30 | 994848 | 986143 |
|  **Diversified Financial Services** — **0.1%** | **Diversified Financial Services** — **0.1%** | **Diversified Financial Services** — **0.1%** | **Diversified Financial Services** — **0.1%** |
|  Avolon TLB Borrower 1 U.S. LLC 2023 Term Loan B6<br>5.48% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 06/24/30 | 21591268 | 21743918 |
|  Blackhawk Network Holdings, Inc. 2025 Term Loan B<br>7.67% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 03/12/29 | 5362798 | 5395055 |
|  Guggenheim Partners LLC 2024 Term Loan B<br>6.17% (3 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 11/26/31 | 2258778 | 2270637 |
|  Jane Street Group LLC 2024 Term Loan B1<br>5.82% (3 mo. USD Term SOFR + 2.000%)<sup>(2)</sup> | 12/15/31 | 5177989 | 5160177 |
|  |  |  | 34569787 |
|  **Electric** — **0.1%** | **Electric** — **0.1%** | **Electric** — **0.1%** | **Electric** — **0.1%** |
|  Alpha Generation LLC Term Loan B<br>5.72% (1 mo. USD Term SOFR + 2.000%)<sup>(2)</sup> | 09/30/31 | 7122030 | 7153545 |
|  Calpine Corp. 2024 Term Loan B10<br>5.47% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 01/31/31 | 8934879 | 8944306 |
|  Calpine Corp. 2024 Term Loan B5<br>5.47% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 02/15/32 | 6531351 | 6537491 |
|  Cornerstone Generation LLC Term Loan B<br>7.09% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 08/11/32 | 2106833 | 2129597 |
|  Potomac Energy Center LLC 2025 Term Loan<br>6.84% (3 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 08/05/32 | 2110905 | 2132014 |
|  South Field LLC 2025 1st Lien Term Loan B<br>6.67% (3 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 08/29/31 | 2294001 | 2312640 |
|  South Field LLC 2025 1st Lien Term Loan C<br>6.67% (3 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 08/29/31 | 138243 | 139367 |
|  Vistra Operations Co. LLC 1st Lien Term Loan B3<br>5.47% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 12/20/30 | 7765347 | 7813919 |
|  |  |  | 37162879 |
|  **Electrical Components & Equipment** — **0.0%** | **Electrical Components & Equipment** — **0.0%** | **Electrical Components & Equipment** — **0.0%** | **Electrical Components & Equipment** — **0.0%** |
|  Pelican Products, Inc. 2021 Term Loan<br>8.18% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 12/29/28 | 9514740 | 8638575 |
|  **Electronics** — **0.0%** | **Electronics** — **0.0%** | **Electronics** — **0.0%** | **Electronics** — **0.0%** |
|  LSF12 Crown U.S. Commercial Bidco LLC 2025 Term Loan B<br>7.37% (1 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 12/02/31 | 1966918 | 1981670 |
|  TCP Sunbelt Acquisition Co. 2024 Term Loan B<br>8.07% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 10/24/31 | 4940100 | 4998789 |
|  |  |  | 6980459 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Engineering & Construction** — **0.0%** | **Engineering & Construction** — **0.0%** | **Engineering & Construction** — **0.0%** | **Engineering & Construction** — **0.0%** |
|  Astrion Group LLC 2024 Term Loan<br>8.67% (3 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 08/29/31 | $2984924 | $2253618 |
|  **Entertainment** — **0.1%** | **Entertainment** — **0.1%** | **Entertainment** — **0.1%** | **Entertainment** — **0.1%** |
|  DK Crown Holdings, Inc. 2025 Term Loan B<br>5.53% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 03/04/32 | 3243888 | 3249095 |
|  EOC Borrower LLC Term Loan A<br>7.47% (1 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 03/24/28 | 1930577 | 1939024 |
|  Flutter Financing BV 2024 Term Loan B<br>5.42% (3 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 11/30/30 | 4629449 | 4631370 |
|  GVC Holdings Gibraltar Ltd. 2025 Term Loan B6 (2029)<br>5.91% (3 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 10/31/29 | 2402401 | 2391338 |
|  Showtime Acquisition LLC 2024 1st Lien Term Loan<br>8.63% (3 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 08/16/31 | 5757798 | 5721811 |
|  Voyager Parent LLC Term Loan B<br>8.42% (3 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 07/01/32 | 6357599 | 6370124 |
|  |  |  | 24302762 |
|  **Environmental Control** — **0.0%** | **Environmental Control** — **0.0%** | **Environmental Control** — **0.0%** | **Environmental Control** — **0.0%** |
|  Action Environmental Group, Inc. 2023 Term Loan B<br>6.92% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 10/24/30 | 2217826 | 2224768 |
|  **Food** — **0.1%** | **Food** — **0.1%** | **Food** — **0.1%** | **Food** — **0.1%** |
|  BCPE North Star U.S. HoldCo 2, Inc. Term Loan<br>7.83% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 06/09/28 | 4793797 | 4782316 |
|  C&S Wholesale Grocers, Inc. Term Loan B<br>8.67% (3 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 09/20/30 | 6714299 | 6580013 |
|  United Natural Foods, Inc. 2024 Term Loan<br>8.47% (1 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 05/01/31 | 6279584 | 6332960 |
|  Upfield BV 2025 USD Term Loan B12<br>8.30% (6 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 12/31/27 | 649102 | 629496 |
|  |  |  | 18324785 |
|  **Health Care-products** — **0.0%** | **Health Care-products** — **0.0%** | **Health Care-products** — **0.0%** | **Health Care-products** — **0.0%** |
|  Antylia Scientific Term Loan<br>7.99% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 05/27/32 | 3148291 | 3129795 |
|  Bausch & Lomb Corp. 2023 Incremental Term Loan<br>7.72% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 09/29/28 | 1808863 | 1813385 |
|  QuidelOrtho Corp. Delayed Draw Term Loan A<br>0.00%<sup>(13)</sup> | 08/21/30 | 120000 | 116550 |
|  QuidelOrtho Corp. Term Loan<br>7.72% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 08/20/32 | 5985000 | 5989669 |
|  QuidelOrtho Corp. Term Loan A<br>0.00%<sup>(13)</sup> | 08/14/30 | 1380000 | 1340325 |
|  |  |  | 12389724 |
|  **Health Care-services** — **0.2%** | **Health Care-services** — **0.2%** | **Health Care-services** — **0.2%** | **Health Care-services** — **0.2%** |
|  ADMI Corp. 2021 Incremental Term Loan B3<br>0.00%<sup>(13)</sup> | 12/23/27 | 3332331 | 3169880 |
|  ADMI Corp. 2021 Term Loan B2<br>7.21% (1 mo. USD Term SOFR + 3.375%)<sup>(2)</sup> | 12/23/27 | 3778189 | 3585747 |
|  Heartland Dental LLC 2025 Term Loan<br>7.47% (1 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 08/25/32 | 5664176 | 5694536 |
|  IQVIA, Inc. 2025 Incremental Term Loan B5<br>5.42% (3 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 01/02/31 | 6203923 | 6253368 |
|  Modivcare Buyer LLC Super Senior Term Loan<br>0.00%<sup>(13)</sup> | 12/29/30 | 5520000 | 5382000 |
|  Modivcare, Inc. 2024 Term Loan B<br>10.37% (1 mo. USD Term SOFR + 6.750%)<sup>(2)</sup> | 07/01/31 | 20933241 | 8486650 |
|  Modivcare, Inc. 2025 DIP Delayed Draw Term Loan<br>10.82% (1 mo. USD Term SOFR + 7.000%)<sup>(2)</sup> | 02/22/26 | 1524110 | 1508869 |
|  Modivcare, Inc. 2025 DIP Term Loan<br>10.73% (1 mo. USD Term SOFR + 7.000%)<sup>(2)</sup> | 02/22/26 | 2860582 | 2831976 |
|  Modivcare, Inc. 2025 Incremental Term Loan<br>15.44% (1 mo. USD Term SOFR + 11.500%)<sup>(2)</sup> | 01/12/26 | 3294377 | 1335590 |
|  Pediatric Associates Holding Co. LLC 2021 Term Loan B<br>7.35% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 12/29/28 | 4570642 | 4480395 |
|  Star Parent, Inc. Term Loan B<br>7.67% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 09/27/30 | 1119081 | 1121660 |
|  |  |  | 43850671 |
|  **Holding Companies** — **Diversified** — **0.0%** | **Holding Companies** — **Diversified** — **0.0%** | **Holding Companies** — **Diversified** — **0.0%** | **Holding Companies** — **Diversified** — **0.0%** |
|  GC Ferry Acquisition I, Inc. Term Loan<br>7.17% (3 mo. USD Term SOFR + 3.500%)<sup>(2),(15)</sup> | 08/16/32 | 2055838 | 2055704 |
|  **Home Furnishings** — **0.0%** | **Home Furnishings** — **0.0%** | **Home Furnishings** — **0.0%** | **Home Furnishings** — **0.0%** |
|  AI Aqua Merger Sub, Inc. 2024 1st Lien Term Loan B<br>6.85% (3 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 07/31/28 | 2800738 | 2810064 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Insurance** — **0.0%** | **Insurance** — **0.0%** | **Insurance** — **0.0%** | **Insurance** — **0.0%** |
|  AmWINS Group, Inc. 2025 Term Loan B<br>5.97% (1 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 01/30/32 | $4090060 | $4106440 |
|  Asurion LLC 2021 Second Lien Term Loan B4<br>9.08% (1 mo. USD Term SOFR + 5.250%)<sup>(2)</sup> | 01/20/29 | 2763706 | 2721864 |
|  Howden Group Holdings Ltd. 2025 USD Term Loan B<br>6.47% (1 mo. USD Term SOFR + 2.750%)<sup>(2)</sup> | 02/15/31 | 2792982 | 2803205 |
|  |  |  | 9631509 |
|  **Internet** — **0.1%** | **Internet** — **0.1%** | **Internet** — **0.1%** | **Internet** — **0.1%** |
|  Arches Buyer, Inc. 2021 Term Loan B<br>7.07% (1 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 12/06/27 | 658297 | 660591 |
|  Barracuda Networks, Inc. 2022 Term Loan<br>8.34% (3 mo. USD Term SOFR + 4.500%)<sup>(2)</sup> | 08/15/29 | 4799611 | 3928937 |
|  Delivery Hero SE 2024 USD Term Loan B<br>8.84% (3 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 12/12/29 | 10363291 | 10419461 |
|  Magnite, Inc. 2025 Repriced Term Loan B<br>6.72% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 02/06/31 | 5013521 | 5014573 |
|  MH Sub I LLC 2023 Term Loan<br>7.92% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 05/03/28 | 2916938 | 2720774 |
|  MH Sub I LLC 2024 Term Loan B4<br>7.97% (1 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 12/31/31 | 6616380 | 5693196 |
|  Plano HoldCo, Inc. Term Loan B<br>7.17% (3 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 10/02/31 | 992500 | 965206 |
|  PUG LLC 2024 Extended Term Loan B<br>0.00%<sup>(13)</sup> | 03/15/30 | 2004962 | 1991178 |
|  Red Ventures LLC 2024 Term Loan B<br>6.47% (1 mo. USD Term SOFR + 2.750%)<sup>(2)</sup> | 03/04/30 | 3174080 | 3057052 |
|  TripAdvisor, Inc. Term Loan<br>6.47% (1 mo. USD Term SOFR + 2.750%)<sup>(2)</sup> | 07/08/31 | 3373693 | 3266157 |
|  |  |  | 37717125 |
|  **Leisure Time** — **0.0%** | **Leisure Time** — **0.0%** | **Leisure Time** — **0.0%** | **Leisure Time** — **0.0%** |
|  MajorDrive Holdings IV LLC Term Loan B<br>7.93% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 06/01/28 | 1151488 | 1048493 |
|  Sabre GLBL, Inc. 2021 Term Loan B1<br>0.00%<sup>(13)</sup> | 12/17/27 | 578987 | 568372 |
|  Sabre GLBL, Inc. 2021 Term Loan B2<br>0.00%<sup>(13)</sup> | 12/17/27 | 387742 | 380632 |
|  Sabre GLBL, Inc. 2024 Term Loan B1<br>9.82% (1 mo. USD Term SOFR + 6.000%)<sup>(2)</sup> | 11/15/29 | 1045285 | 930303 |
|  |  |  | 2927800 |
|  **Lodging** — **0.1%** | **Lodging** — **0.1%** | **Lodging** — **0.1%** | **Lodging** — **0.1%** |
|  Hilton Domestic Operating Co., Inc. 2023 Term Loan B4<br>5.48% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 11/08/30 | 16429504 | 16552971 |
|  Station Casinos LLC 2024 Term Loan B<br>5.72% (1 mo. USD Term SOFR + 2.000%)<sup>(2)</sup> | 03/14/31 | 1835474 | 1843541 |
|  |  |  | 18396512 |
|  **Machinery-construction & Mining** — **0.0%** | **Machinery-construction & Mining** — **0.0%** | **Machinery-construction & Mining** — **0.0%** | **Machinery-construction & Mining** — **0.0%** |
|  WEC U.S. Holdings Ltd. 2024 Term Loan<br>5.87% (1 mo. USD Term SOFR + 2.000%)<sup>(2)</sup> | 01/27/31 | 3205396 | 3214435 |
|  **Machinery-diversified** — **0.0%** | **Machinery-diversified** — **0.0%** | **Machinery-diversified** — **0.0%** | **Machinery-diversified** — **0.0%** |
|  Oregon Tool, Inc. 2025 1st Lien Term Loan<br>9.23% (3 mo. USD Term SOFR + 5.350%)<sup>(2)</sup> | 10/15/29 | 369195 | 376926 |
|  Oregon Tool, Inc. 2025 2nd Lien Term Loan<br>8.14% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 10/15/29 | 12056791 | 8705003 |
|  |  |  | 9081929 |
|  **Media** — **0.0%** | **Media** — **0.0%** | **Media** — **0.0%** | **Media** — **0.0%** |
|  Charter Communications Operating LLC 2024 Term Loan B5<br>6.24% (3 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 12/15/31 | 7229793 | 7243349 |
|  Virgin Media Bristol LLC 2023 USD Term Loan Y<br>7.05% (6 mo. USD Term SOFR + 3.175%)<sup>(2)</sup> | 03/31/31 | 802250 | 796097 |
|  Ziggo Financing Partnership 2025 Term Loan B<br>7.03% (6 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 01/15/33 | 3568294 | 3549347 |
|  |  |  | 11588793 |
|  **Miscellaneous Manufacturers** — **0.0%** | **Miscellaneous Manufacturers** — **0.0%** | **Miscellaneous Manufacturers** — **0.0%** | **Miscellaneous Manufacturers** — **0.0%** |
|  Cleanova U.S. Holdings LLC 2025 Term Loan B<br>8.48% (3 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 06/14/32 | 2115791 | 2126370 |
|  **Office/business Equipment** — **0.0%** | **Office/business Equipment** — **0.0%** | **Office/business Equipment** — **0.0%** | **Office/business Equipment** — **0.0%** |
|  Xerox Holdings Corp. 2023 Term Loan B<br>7.73% (6 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 11/19/29 | 10900981 | 9361217 |
|  **Packaging & Containers** — **0.1%** | **Packaging & Containers** — **0.1%** | **Packaging & Containers** — **0.1%** | **Packaging & Containers** — **0.1%** |
|  Balcan Innovations, Inc. Term Loan B<br>8.59% (3 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 10/18/31 | 3551279 | 2841023 |
|  BradyPlus Holdings LLC 2025 Term Loan B<br>7.17% (3 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 12/11/30 | 10487586 | 10393617 |
|  |  |  | 13234640 |
|  **Pharmaceuticals** — **0.0%** | **Pharmaceuticals** — **0.0%** | **Pharmaceuticals** — **0.0%** | **Pharmaceuticals** — **0.0%** |
|  Jazz Financing Lux SARL 2024 1st Lien Term Loan B2<br>5.97% (1 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 05/05/28 | 3844118 | 3865203 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Reit** — **0.3%** |  |  |  |
|  Healthpeak Properties, Inc. 2024 Term Loan A3<br>4.51% (3 mo. USD Term SOFR + 0.850%)<sup>(2)</sup> | 03/01/29 | $27796272 | $27448819 |
|  Healthpeak Properties, Inc. Term Loan A1<br>4.56% (1 mo. USD Term SOFR + 0.840%)<sup>(2)</sup> | 08/20/27 | 13772696 | 13669401 |
|  Healthpeak Properties, Inc. Term Loan A2<br>4.56% (1 mo. USD Term SOFR + 0.840%)<sup>(2)</sup> | 02/22/27 | 13772696 | 13669401 |
|  Invitation Homes Operating Partnership LP 2024 Term Loan<br>4.70% (1 mo. USD Term SOFR + 0.850%)<sup>(2)</sup> | 09/09/28 | 36581794 | 36581794 |
|  |  |  | 91369415 |
|  **Retail** — **0.2%** |  |  |  |
|  1011778 BC Unlimited Liability Co. 2024 Term Loan B6<br>5.47% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 09/20/30 | 2931393 | 2938721 |
|  BW Gas & Convenience Holdings LLC 2021 Term Loan B<br>0.00%<sup>(13)</sup> | 03/31/28 | 1496084 | 1497333 |
|  Dave & Buster's, Inc. 2024 1st Lien Term Loan B<br>7.13% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 11/01/31 | 4743701 | 4254507 |
|  KFC Holding Co. 2021 Term Loan B<br>5.60% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 03/15/28 | 8452051 | 8496932 |
|  Michaels Cos., Inc. 2021 Term Loan B<br>8.18% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 04/17/28 | 4616988 | 4475432 |
|  Peer Holding III BV 2025 USD Term Loan B<br>5.92% (3 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 09/29/32 | 8432656 | 8459008 |
|  Peer Holding III BV 2025 USD Term Loan B5B<br>6.17% (3 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 07/01/31 | 3874057 | 3895442 |
|  Raising Cane's Restaurants LLC 2025 Term Loan B<br>5.84% (1 mo. USD Term SOFR + 2.000%)<sup>(2)</sup> | 11/03/32 | 4966205 | 4983288 |
|  Tacala LLC 2025 Repriced Term Loan B<br>6.72% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 01/31/31 | 6559468 | 6612763 |
|  |  |  | 45613426 |
|  **Software** — **0.1%** |  |  |  |
|  Cast & Crew Payroll LLC 2021 Incremental Term Loan<br>7.47% (1 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 12/29/28 | 4383161 | 2647166 |
|  Cloudera, Inc. 2021 Term Loan<br>0.00%<sup>(13)</sup> | 10/08/28 | 550000 | 528429 |
|  DTI Holdco, Inc. 2025 Term Loan B<br>7.72% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 04/26/29 | 5110547 | 4785669 |
|  EagleView Technology Corp. 2025 Term Loan<br>9.17% (3 mo. USD Term SOFR + 5.500%)<sup>(2)</sup> | 08/14/28 | 7268511 | 7015276 |
|  Genesys Cloud Services Holdings II LLC 2025 USD Term Loan B<br>6.22% (1 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 01/30/32 | 2409124 | 2407245 |
|  Planview Parent, Inc. 2024 1st Lien Term Loan<br>0.00%<sup>(13)</sup> | 12/17/27 | 1906571 | 1834779 |
|  Project Alpha Intermediate Holding, Inc. 2024 1st Lien Term Loan B<br>6.92% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 10/26/30 | 7103305 | 7100251 |
|  Renaissance Holding Corp. 2024 1st Lien Term Loan<br>7.72% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 04/05/30 | 9177636 | 8041399 |
|  SonarSource Financing LLC Term Loan<br>8.17% (3 mo. USD Term SOFR + 4.500%)<sup>(2)</sup> | 12/19/30 | 3714917 | 3677768 |
|  |  |  | 38037982 |
|  **Telecommunications** — **0.0%** |  |  |  |
|  Altice Financing SA 2022 USD Term Loan<br>8.90% (3 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 10/31/27 | 3090540 | 2294726 |
|  Frontier Communications Corp. 2025 Term Loan B<br>6.24% (1 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 07/01/31 | 1975264 | 1979283 |
|  Zayo Group Holdings, Inc. 2025 USD Term Loan<br>0.50% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 03/11/30 | 2683546 | 2554253 |
|  |  |  | 6828262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Bank Loans** (Cost: $636,594,206) |  |  | 608617655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $31,253,477,469) |  |  | 30048276938 |
|  **CONVERTIBLE SECURITIES** — **0.1%** |  |  |  |
|  **CONVERTIBLE CORPORATE BONDS** — **0.1%** |  |  |  |
|  **Beverages** — **0.0%** |  |  |  |
|  Davide Campari-Milano NV (Italy)<br>2.38%<sup>(10)</sup> | 01/17/29 | 14300000 | 16372257 |
|  **Commercial Services** — **0.1%** |  |  |  |
|  Worldline SA (France)<br>0.00%<sup>(6),(10)</sup> | 07/30/26 | 14470667 | 16609295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Corporate Bonds** (Cost: $29,549,492) |  |  | 32981552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Securities** (Cost: $29,549,492) |  |  | 32981552 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | **Value** |
|  **COMMON STOCK** — **0.0%** |  |  |
|  **Financial** — **0.0%** |  |  |
|  Yeoman Capital SA<sup>(16)</sup> | 1815919 | $13619392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $42,499,894) |  | 13619392 |
|  **INVESTMENT COMPANIES** — **0.7%** |  |  |
|  TCW Private Asset Income Fund—I Class<sup>(17)</sup> | 20284607 | 202846068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investment Companies** (Cost: $202,883,488) |  | 202846068 |
|  **MONEY MARKET INVESTMENTS** — **11.5%** |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class,<br>3.74%<sup>(18),(19)</sup> | 56588258 | 56588258 |
|  TCW Central Cash Fund, 3.71%<sup>(17),(18)</sup> | 3536701839 | 3536701839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $3,593,290,097) |  | 3593290097 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **PURCHASED OPTIONS(20) (0.0%)** (Cost: $13,946,799) |  | 254562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (108.3%)** (Cost: $35,135,647,239) |  | 33891268609 |
|  **Net unrealized appreciation/depreciation on Unfunded Commitments (0.0%)** (Cost: $—) |  | 317 |
|  **Liabilities In Excess Of Other Assets (-8.3%)** |  | (2607238370) |
|  **Net Assets (100.0%)** |  | $31284030556 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** |
| **Number of<br>Contracts** | **Type** | **Expiration**<br> **Date** | **Notional**<br> **Contract**<br> **Value** | **Value** | **Net**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)** |
|  **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** |
| 30566 | 2-Year U.S. Treasury Note Futures | 03/31/26 | $6378708095 | $6381846469 | $3138374 |
| 8359 | U.S. Ultra Long Bond Futures | 03/20/26 | 1002017007 | 986362000 | (15655007) |
| 278 | 10-Year U.S. Treasury Note Futures | 03/20/26 | 31892305 | 31974344 | 82039 |
| 203 | Euro Schatz Futures | 03/06/26 | 25490357 | 25460173 | (30184) |
| 1047 | U.S. Long Bond Futures | 03/20/26 | 121601108 | 121026656 | (574452) |
| 12459 | 5-Year U.S. Treasury Note Futures | 03/31/26 | 1362486512 | 1361827108 | (659404) |
|  |  |  | $**8922195384** | $**8908496750** | $**(13698634)** |
|  **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** |
| 652 | 3-Year Australian Bond Futures | 03/16/26 | $(45713162) | $(45650609) | $62553 |
| 3862 | 10-Year Australian Bond Futures | 03/16/26 | (282091050) | (281962405) | 128645 |
| 353 | 30-Year Euro-Buxl Futures | 03/06/26 | (46338852) | (45653664) | 685188 |
| 22 | Euro-Bobl Futures | 03/06/26 | (3013705) | (3001332) | 12373 |
| 1664 | Euro-Bund Futures | 03/06/26 | (251084403) | (249308225) | 1776178 |
| 331 | Long Gilt Futures | 03/27/26 | (40374441) | (40678968) | (304527) |
|  |  |  | $**(668615613)** | $**(666255203)** | $**2360410** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** |
| **Counterparty** | **Contracts to<br>Deliver** | **Units of<br>Currency** | **Settlement<br>Date** | **In Exchange<br>for USD** | **Contracts<br>at Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **BUY<sup>(21)</sup>** |  |  |  |  |  |  |
|  Citibank N.A.<sup>(19)</sup> | AUD | 14703112 | 01/09/26 | $9529859 | $9805095 | $275236 |
|  Citibank N.A.<sup>(19)</sup> | EUR | 79241380 | 01/09/26 | 92306994 | 93082647 | 775653 |
|  Goldman Sachs & Co.<sup>(19)</sup> | EUR | 112849320 | 01/09/26 | 131485920 | 132560961 | 1075041 |
|  JP Morgan Chase Bank | EUR | 53541332 | 01/09/26 | 62707563 | 62893514 | 185951 |
|  Bank Of New York | EUR | 3951514 | 01/09/26 | 4590430 | 4641733 | 51303 |
|  Morgan Stanley & Co. | EUR | 11825854 | 01/09/26 | 13777844 | 13891502 | 113658 |
|  Bank Of America | EUR | 202318 | 01/09/26 | 234401 | 237658 | 3257 |
|  Citibank N.A. | GBP | 28584391 | 01/09/26 | 37977382 | 38447310 | 469928 |
|  |  |  |  | $**352610393** | $**355560420** | $**2950027** |
|  **SELL<sup>(22)</sup>** |  |  |  |  |  |  |
|  Citibank N.A.<sup>(19)</sup> | AUD | 310211506 | 01/09/26 | 204169473 | 206871403 | (2701930) |
|  Goldman Sachs & Co.<sup>(19)</sup> | AUD | 107769689 | 01/09/26 | 71286200 | 71868600 | (582400) |
|  Citibank N.A.<sup>(19)</sup> | EUR | 41559818 | 01/09/26 | 48526216 | 48819164 | (292948) |
|  Goldman Sachs & Co.<sup>(19)</sup> | EUR | 65310411 | 01/09/26 | 76473392 | 76718326 | (244934) |
|  JP Morgan Chase Bank | EUR | 524702961 | 01/09/26 | 615199105 | 616353989 | (1154884) |
|  Goldman Sachs & Co. | GBP | 22208645 | 01/09/26 | 29736678 | 29871641 | (134963) |
|  Citibank N.A. | GBP | 86600772 | 01/09/26 | 116283963 | 116481990 | (198027) |
|  |  |  |  | $**1161675027** | $**1166985113** | $**(5310086)** |

---

**SWAPTIONS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Counterparty** | **Exercise<br>Price** | **Expiration<br>Date** | **Number of<br>Contracts** | **Notional Amount** | **Market<br>Value** | **Premiums Paid<br>(Received) by<br>Fund** | **Unrealized<br>Appreciation**<br>**(Depreciation)** |
|  **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** |  |  |  |  |  |  |  |
|  2-Year Interest Rate Swap | Morgan Stanley & Co. | 4.05 | 01/30/26 | 1568682000 | $1568682000 | $627 | $1803984 | $(1803357) |
|  2-Year Interest Rate Swap | Morgan Stanley & Co. | 4.03 | 02/27/26 | 1568682000 | 1568682000 | 12863 | 2039286 | (2026423) |
|  2-Year Interest Rate Swap | Morgan Stanley & Co. | 4.00 | 03/31/26 | 1568682000 | 1568682000 | 72473 | 2630680 | (2558207) |
|  5-Year Interest Rate Swap | Bank of America | 4.22 | 01/30/26 | 655513000 | 655513000 | 2360 | 2032090 | (2029730) |
|  5-Year Interest Rate Swap | JPMorgan Chase Bank | 4.22 | 02/27/26 | 655513000 | 655513000 | 33235 | 2490950 | (2457715) |
|  5-Year Interest Rate Swap | JPMorgan Chase Bank | 4.22 | 03/31/26 | 655513000 | 655513000 | 133004 | 2949809 | (2816805) |
|  Total Swaptions |  |  |  |  |  | $**254562** | $**13946799** | $**(13692237)** |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| ABS | Asset-Backed Securities. |
| AUD | Australian Dollar. |
| CLO | Collateralized Loan Obligation. |
| EUR | Euro Currency. |
| GBP | British Pound Sterling. |
| I/F | Inverse Floating rate security whose interest rate moves in the opposite direction of prevailing interest rates. |
| I/O | Interest Only Security. |
| LIBOR | London Interbank Offered Rate. |
| PAC | Planned Amortization Class. |
| REMIC | Real Estate Mortgage Investment Conduits. |
| PIK | Payment In Kind. |
| SOFR | Secured Overnight Financing Rate. |
| TAC | Target Amortization Class. |
| STRIPS | Separate Trading of Registered Interest and Principal Securities. |
| TBA | To Be Announced. |
| (1) | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold, normally only to qualified institutional buyers. At December 31, 2025, the value of these securities amounted to $5,042,354,350 or 16.1% of net assets. These securities are determined to be liquid by the Fund's investment advisor, unless otherwise noted, under procedures established by and under the general supervision of the Company's Board of Directors. |
| (2) | Floating or variable rate security. The interest shown reflects the rate in effect at December 31, 2025. |
| (3) | This security is a residual or equity position that does not have a stated interest rate. This residual or equity position is entitled to recurring distributions which are generally equal to the remaining cash flow of payments made by underlying securities less contractual payments to debt holders and fund expenses. |
| (4) | Security is currently in default due to bankruptcy or failure to make payment of principal or interest of the issuer. Income is not being accrued. |
| (5) | For fair value measurement disclosure purposes, security is categorized as Level 3. Security is valued using significant unobservable inputs. |
| (6) | Security is not accruing interest. |
| (7) | Security purchased on a forward commitment with an approximate principal amount. The actual principal amount and maturity date will be determined upon settlement when the security is delivered. |
| (8) | Variable rate security. Interest rate disclosed is as of the most recent information available. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description above. |
| (9) | Restricted security (Note 7). |
| (10) | Investments issued under Regulation S of the Securities Act of 1933, as amended, may not be offered, sold, or delivered within the United States except under special exemptions. At December 31, 2025, the value of these securities amounted to $821,107,724 or 2.6% of net assets. |
| (11) | Perpetual maturity. |
| (12) | Payment-in-kind ("PIK") security. Income may be paid in additional securities or cash at the discretion of the issuer—5.00% cash or 10.00% PIK interest. |
| (13) | This position represents an unsettled bank loan at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which will be adjusted on settlement date. |
| (14) | Excluded from the investment total above is an unfunded delayed draw term loan commitment in an amount not to exceed $135,986, at an interest rate of 5.75% and a maturity of December 30, 2029. The investment is accruing an unused commitment fee of 9.57% per annum. |
| (15) | Excluded from the investment total above is an unfunded delayed draw term loan commitment in an amount not to exceed $350,997, at an interest rate of 1.75% and a maturity of August 16, 2032. The investment is accruing an unused commitment fee of 7.17% per annum. |
| (16) | Non-income producing security. |
| (17) | Affiliated issuer. |
| (18) | Rate disclosed is the 7-day net yield as of December 31, 2025. |
| (19) | All or a portion of this security is owned by TCW MetWest Cayman Total Return Fund, Ltd. |
| (20) | See options table for description of purchased options. |
| (21) | Fund buys foreign currency, sells USD. |
| (22) | Fund sells foreign currency, buys USD. |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

The summary of the TCW MetWest Total Return Bond Fund transactions in the affiliated funds for the period ended December 31, 2025 is as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at<br>March 31,<br>2025** | **Purchases at<br>Cost** | **Proceeds from<br>Sales** | **Number of<br>Shares Held<br>December 31, 2025** | **Value at<br>December 31, 2025** | **Dividends and<br>Interest Income<br>Received** | **Distributions<br>Received from<br>Net Realized<br>Gain** | **Net Realized<br>Gain (Loss) on<br>Investments** | **Net change in<br>Unrealized Gain<br>(Loss) on<br>Investments** |
|  TCW Central Cash Fund | $1736327625 | $16877174214 | $15076800000 | 3536701839 | $3536701839 | $99580989 | $— | $— | $— |
|  TCW Private Asset Income Fund—I Class | 36136726 | 166746761 |  | 20284607 | 202846068 | 10082947 |  |  | (37419) |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $3739547907 | $109663936 | $— | $— | $(37419) |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| Fair Valuation Summary (Unaudited) | December 31, 2025 |

---

The following is a summary of the fair valuations according to the inputs used as of December 31, 2025 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Fixed Income Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Agency | $— | $10935506779 | $— | $10935506779 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Securities |  | 7146881515 |  | 7146881515 |
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds |  | 4882514367 |  | 4882514367 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Non-Agency |  | 3483202287 |  | 3483202287 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 1261498506 |  | 1261498506 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 918036764 | 34149565 | 952186329 |
| &nbsp;&nbsp;&nbsp;&nbsp; Bank Loans |  | 608617655 |  | 608617655 |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign Government Bonds |  | 368846955 |  | 368846955 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Agency |  | 233982332 |  | 233982332 |
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds |  | 175040213 |  | 175040213 |
|  Total Fixed Income Securities |  | 30014127373 | 34149565 | 30048276938 |
|  Convertible Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Convertible Corporate Bonds |  | 32981552 |  | 32981552 |
|  Equity Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Money Market Investments | 3593290097 |  |  | 3593290097 |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Companies |  | 202846068 |  | 202846068 |
| &nbsp;&nbsp;&nbsp;&nbsp; Common Stock | 13619392 |  |  | 13619392 |
|  Total Equity Securities | 3606909489 | 202846068 |  | 3809755557 |
|  Swaptions |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Purchased Swaptions—OTC |  | 254562 |  | 254562 |
|  Net Unrealized Appreciation (Depreciation) on Unfunded Commitments | $— | $317 | $— | $317 |
|  Total Investments | $3606909489 | $30250209872 | $34149565 | $33891268926 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 2950027 |  | 2950027 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 5885350 |  |  | 5885350 |
|  Total | $3612794839 | $30253159899 | $34149565 | $33900104303 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | $(17223574) | $— | $— | $(17223574) |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | (5310086) |  | (5310086) |
|  Total | $(17223574) | $(5310086) | $— | $(22533660) |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Ultra Short Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES** — **105.5% of Net Assets** |  |  |  |
|  **ASSET-BACKED SECURITIES** — **14.2%** |  |  |  |
|  AGL CLO 13 Ltd. Series 2021-13A, Class A1R<br>4.98% (3 mo. USD Term SOFR + 1.100%)<sup>(1),(2)</sup> | 10/20/34 | $150000 | $150039 |
|  Aligned Data Centers Issuer LLC Series 2021-1A, Class A2<br>1.94%<sup>(1)</sup> | 08/15/46 | 240000 | 235748 |
|  AmeriCredit Automobile Receivables Trust Series 2022-2, Class C<br>5.32% | 04/18/28 | 320000 | 321919 |
|  Bain Capital Credit CLO Ltd. Series 2021-6A, Class A1R<br>4.96% (3 mo. USD Term SOFR + 1.090%)<sup>(1),(2)</sup> | 10/21/34 | 150000 | 150120 |
|  CIFC Funding Ltd. Series 2014-1A, Class A1R<br>5.25% (3 mo. USD Term SOFR + 1.362%)<sup>(1),(2)</sup> | 01/18/31 | 157701 | 157779 |
|  CIFC Funding Ltd. Series 2016-1A, Class AR3<br>4.87% (3 mo. USD Term SOFR + 1.000%)<sup>(1),(2)</sup> | 10/21/31 | 201506 | 201590 |
|  Cologix Data Centers U.S. Issuer LLC Series 2021-1A, Class A2<br>3.30%<sup>(1)</sup> | 12/26/51 | 205000 | 201558 |
|  DataBank Issuer LLC Series 2021-1A, Class A2<br>2.06%<sup>(1)</sup> | 02/27/51 | 120000 | 119464 |
|  Dryden 40 Senior Loan Fund Series 2015-40A, Class AR2<br>5.00% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 08/15/31 | 84070 | 84125 |
|  Dryden 72 CLO Ltd. Series 2019-72A, Class ARR<br>4.95% (3 mo. USD Term SOFR + 1.100%)<sup>(1),(2)</sup> | 05/15/32 | 411245 | 411863 |
|  Dryden XXVI Senior Loan Fund Series 2013-26A, Class AR<br>5.07% (3 mo. USD Term SOFR + 1.162%)<sup>(1),(2)</sup> | 04/15/29 | 59613 | 59639 |
|  Galaxy XXII CLO Ltd. Series 2016-22A, Class ARRR<br>5.13% (3 mo. USD Term SOFR + 1.240%)<sup>(1),(2)</sup> | 04/16/34 | 350000 | 350091 |
|  GLS Auto Receivables Issuer Trust Series 2021-3A, Class D<br>1.48%<sup>(1)</sup> | 07/15/27 | 54747 | 54497 |
|  Hotwire Funding LLC Series 2024-1A, Class A2<br>5.89%<sup>(1)</sup> | 06/20/54 | 60000 | 61070 |
|  HPS Loan Management Ltd. Series 2021-16A, Class A1R<br>4.97% (3 mo. USD Term SOFR + 1.110%)<sup>(1),(2)</sup> | 01/23/35 | 250000 | 250102 |
|  HTS Fund II LLC Series 2025-1, Class A<br>5.35%<sup>(1)</sup> | 06/23/45 | 100000 | 100278 |
|  JG Wentworth XXII LLC Series 2010-3A, Class A<br>3.82%<sup>(1)</sup> | 12/15/48 | 245388 | 244165 |
|  Laurel Road Prime Student Loan Trust Series 2019-A, Class BFX<br>3.00%<sup>(1)</sup> | 10/25/48 | 92019 | 91055 |
|  LCM 37 Ltd. Series 37A, Class A1R<br>4.96% (3 mo. USD Term SOFR + 1.060%)<sup>(1),(2)</sup> | 04/15/34 | 123562 | 123512 |
|  Navient Private Education Refi Loan Trust Series 2021-CA, Class A<br>1.06%<sup>(1)</sup> | 10/15/69 | 229386 | 210544 |
|  Navient Private Education Refi Loan Trust Series 2021-FA, Class A<br>1.11%<sup>(1)</sup> | 02/18/70 | 156602 | 139779 |
|  Oxford Finance Funding LLC Series 2022-1A, Class A2<br>3.60%<sup>(1)</sup> | 02/15/30 | 128656 | 127319 |
|  Palmer Square Loan Funding Ltd. Series 2022-3A, Class A1BR<br>5.30% (3 mo. USD Term SOFR + 1.400%)<sup>(1),(2)</sup> | 04/15/31 | 250000 | 250320 |
|  Park Avenue Institutional Advisers CLO Ltd. Series 2021-1A, Class A1AR<br>4.99% (3 mo. USD Term SOFR + 1.110%)<sup>(1),(2)</sup> | 01/20/34 | 100000 | 100002 |
|  Rockford Tower CLO Ltd. Series 2019-1A, Class AR2<br>4.98% (3 mo. USD Term SOFR + 1.100%)<sup>(1),(2)</sup> | 04/20/34 | 200000 | 199944 |
|  Stack Infrastructure Issuer LLC Series 2021-1A, Class A2<br>1.88%<sup>(1)</sup> | 03/26/46 | 120000 | 119128 |
|  Symphony CLO XXIV Ltd. Series 2020-24A, Class A1R<br>5.26% (3 mo. USD Term SOFR + 1.130%)<sup>(1),(2)</sup> | 10/23/35 | 215000 | 215063 |
|  Thompson Park CLO Ltd. Series 2021-1A, Class A1R<br>4.95% (3 mo. USD Term SOFR + 1.050%)<sup>(1),(2)</sup> | 04/15/34 | 250000 | 250122 |
|  Trinitas CLO XX Ltd. Series 2022-20A, Class A1R<br>4.92% (3 mo. USD Term SOFR + 1.040%)<sup>(1),(2)</sup> | 07/20/35 | 250000 | 249637 |
|  Vantage Data Centers Issuer LLC Series 2021-1A, Class A2<br>2.17%<sup>(1)</sup> | 10/15/46 | 200000 | 195975 |
|  VB-S1 Issuer LLC Series 2022-1A, Class C2I<br>3.16%<sup>(1)</sup> | 02/15/52 | 90000 | 87510 |
|  Voya CLO Ltd. Series 2020-1A, Class ARR<br>4.97% (3 mo. USD Term SOFR + 1.080%)<sup>(1),(2)</sup> | 07/16/34 | 225000 | 225166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-Backed Securities** (Cost: $5,706,357) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-Backed Securities** (Cost: $5,706,357) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-Backed Securities** (Cost: $5,706,357) | 5739123 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **28.4%** |  |  |  |
|  Federal Home Loan Mortgage Corp., Pool #SD8286<br>4.00% | 01/01/53 | 146949 | 140075 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2368, Class AF (PAC)<br>5.05% (30 day USD SOFR Average + 1.064%)<sup>(2)</sup> | 10/15/31 | 21373 | 21605 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2733, Class FB (PAC)<br>4.70% (30 day USD SOFR Average + 0.714%)<sup>(2)</sup> | 10/15/33 | 170920 | 171731 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3085, Class FW<br>4.80% (30 day USD SOFR Average + 0.814%)<sup>(2)</sup> | 08/15/35 | 131425 | 132387 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Ultra Short Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** |  |  |  |
|  Federal Home Loan Mortgage Corp. REMICS Series 3300, Class FA<br>4.40% (30 day USD SOFR Average + 0.414%)<sup>(2)</sup> | 08/15/35 | $122313 | $121821 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3325, Class NF<br>4.40% (30 day USD SOFR Average + 0.414%)<sup>(2)</sup> | 08/15/35 | 24571 | 24472 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3895, Class BF<br>4.60% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 07/15/41 | 79069 | 78689 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 263, Class F5<br>4.60% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 06/15/42 | 113557 | 113087 |
|  Federal National Mortgage Association, Pool #MA4626<br>4.00% | 06/01/52 | 96612 | 92198 |
|  Federal National Mortgage Association, Pool #MA4866<br>4.00% | 01/01/53 | 102291 | 97507 |
|  Federal National Mortgage Association, Pool #MA4805<br>4.50% | 11/01/52 | 541724 | 531516 |
|  Federal National Mortgage Association, Pool #MA5009<br>5.00% | 05/01/53 | 196975 | 197592 |
|  Federal National Mortgage Association, Pool #254548<br>5.50% | 12/01/32 | 26863 | 27683 |
|  Federal National Mortgage Association, Pool #555424<br>5.50% | 05/01/33 | 18827 | 19439 |
|  Federal National Mortgage Association, Pool #AL0851<br>6.00% | 10/01/40 | 22926 | 24400 |
|  Federal National Mortgage Association, Pool #555098<br>6.18% (1 yr. USD RFUCCT + 1.634%)<sup>(2)</sup> | 11/01/32 | 3305 | 3339 |
|  Federal National Mortgage Association, Pool #762525<br>6.50% | 11/01/33 | 6268 | 6655 |
|  Federal National Mortgage Association, Pool #AE0443<br>6.50% | 10/01/39 | 27363 | 29466 |
|  Federal National Mortgage Association, Pool #770900<br>6.55% (1 yr. USD RFUCCT + 1.552%)<sup>(2)</sup> | 04/01/34 | 35325 | 35689 |
|  Federal National Mortgage Association, Pool #655133<br>7.00% | 08/01/32 | 3764 | 3993 |
|  Federal National Mortgage Association, Pool #655151<br>7.00% | 08/01/32 | 2064 | 2185 |
|  Federal National Mortgage Association REMICS Series 2001-42, Class SB (I/F)<br>8.50% (-30 day USD SOFR Average + 126.168%)<sup>(2)</sup> | 09/25/31 | 244 | 258 |
|  Federal National Mortgage Association REMICS Series 2001-60, Class OF<br>4.94% (30 day USD SOFR Average + 1.064%)<sup>(2)</sup> | 10/25/31 | 23739 | 23997 |
|  Federal National Mortgage Association REMICS Series 2002-30, Class FB<br>4.99% (30 day USD SOFR Average + 1.114%)<sup>(2)</sup> | 08/25/31 | 17084 | 17208 |
|  Federal National Mortgage Association REMICS Series 2003-124, Class TS (I/F)<br>9.80% (-30 day USD SOFR Average + 99.197%)<sup>(2)</sup> | 01/25/34 | 4185 | 4416 |
|  Federal National Mortgage Association REMICS Series 2004-60, Class FW<br>4.44% (30 day USD SOFR Average + 0.564%)<sup>(2)</sup> | 04/25/34 | 9326 | 9329 |
|  Federal National Mortgage Association REMICS Series 2004-96, Class MT (I/F) (TAC)<br>7.00% (-30 day USD SOFR Average + 123.122%)<sup>(2)</sup> | 12/25/34 | 10049 | 10675 |
|  Federal National Mortgage Association REMICS Series 2005-73, Class DF (PAC)<br>4.24% (30 day USD SOFR Average + 0.364%)<sup>(2)</sup> | 08/25/35 | 26662 | 26528 |
|  Federal National Mortgage Association REMICS Series 2007-68, Class SC (I/O) (I/F)<br>2.71% (-30 day USD SOFR Average + 6.586%)<sup>(2)</sup> | 07/25/37 | 35364 | 3701 |
|  Federal National Mortgage Association REMICS Series 2010-109, Class PF (PAC)<br>4.39% (30 day USD SOFR Average + 0.514%)<sup>(2)</sup> | 10/25/40 | 19557 | 19530 |
|  Federal National Mortgage Association REMICS Series 2010-26, Class S (I/O) (I/F)<br>2.24% (-30 day USD SOFR Average + 6.116%)<sup>(2)</sup> | 11/25/36 | 119627 | 10256 |
|  Federal National Mortgage Association REMICS Series 2010-95, Class FB (PAC)<br>4.39% (30 day USD SOFR Average + 0.514%)<sup>(2)</sup> | 09/25/40 | 17423 | 17405 |
|  Federal National Mortgage Association REMICS Series 2018-79, Class FA<br>4.24% (30 day USD SOFR Average + 0.364%)<sup>(2)</sup> | 11/25/48 | 29274 | 28943 |
|  Federal National Mortgage Association REMICS Series 2019-79, Class FA<br>4.49% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 01/25/50 | 78084 | 76832 |
|  Federal National Mortgage Association REMICS Series 2020-10, Class FA<br>4.49% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 03/25/50 | 219156 | 215735 |
|  Federal National Mortgage Association REMICS Series 2024-73, Class FB<br>5.07% (30 day USD SOFR Average + 1.200%)<sup>(2)</sup> | 10/25/54 | 417088 | 418660 |
|  Government National Mortgage Association, Pool #MA9963<br>4.50% | 10/20/54 | 235161 | 229441 |
|  Government National Mortgage Association, Pool #MB0024<br>4.50% | 11/20/54 | 118542 | 115717 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Ultra Short Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** |  |  |  |
|  Government National Mortgage Association, Pool #80546<br>4.75% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 10/20/31 | $2440 | $2468 |
|  Government National Mortgage Association, Pool #80614<br>5.38% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 07/20/32 | 3113 | 3149 |
|  Government National Mortgage Association, Pool #MA0331<br>5.38% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 08/20/42 | 30749 | 31435 |
|  Government National Mortgage Association, Pool #MA9488<br>5.50% | 02/20/54 | 93337 | 94818 |
|  Government National Mortgage Association, Pool #80610<br>5.63% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 06/20/32 | 37106 | 37608 |
|  Government National Mortgage Association, Pool #80687<br>5.63% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 04/20/33 | 30309 | 30528 |
|  Government National Mortgage Association REMICS Series 2004-2, Class FW<br>5.39% (1 mo. USD Term SOFR + 1.514%)<sup>(2)</sup> | 01/16/34 | 169270 | 172425 |
|  Government National Mortgage Association REMICS Series 2009-92, Class FC<br>4.65% (1 mo. USD Term SOFR + 0.914%)<sup>(2)</sup> | 10/16/39 | 44173 | 44612 |
|  Government National Mortgage Association REMICS Series 2011-70, Class IL (I/O) (I/F)<br>0.60% (-1 mo. USD Term SOFR + 6.986%)<sup>(2)</sup> | 06/16/37 | 712163 | 12462 |
|  Government National Mortgage Association REMICS Series 2023-113, Class FD<br>5.27% (30 day USD SOFR Average + 1.350%)<sup>(2)</sup> | 08/20/53 | 326477 | 329185 |
|  Government National Mortgage Association REMICS Series 2024-144, Class FD<br>5.07% (30 day USD SOFR Average + 1.150%)<sup>(2)</sup> | 09/20/54 | 436076 | 438354 |
|  Government National Mortgage Association REMICS Series 2024-148, Class AF<br>5.10% (30 day USD SOFR Average + 1.180%)<sup>(2)</sup> | 09/20/54 | 433071 | 435678 |
|  Government National Mortgage Association, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(3)</sup> | 05/01/55 | 275000 | 259612 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(3)</sup> | 07/01/55 | 250000 | 243569 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(3)</sup> | 07/01/55 | 550000 | 548575 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(3)</sup> | 05/01/55 | 225000 | 227189 |
|  Uniform Mortgage-Backed Security, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(3)</sup> | 01/01/40 | 675000 | 656556 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(3)</sup> | 09/01/37 | 950000 | 937868 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(3)</sup> | 05/01/55 | 250000 | 237193 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(3)</sup> | 07/01/40 | 1375000 | 1376478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(3)</sup> | 07/01/55 | 225000 | 219657 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(3)</sup> | 04/01/40 | 1475000 | 1494706 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(3)</sup> | 07/01/55 | 400000 | 399031 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(3)</sup> | 05/01/55 | 175000 | 177468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Agency** (Cost: $11,529,003) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Agency** (Cost: $11,529,003) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Agency** (Cost: $11,529,003) | 11514784 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **6.4%** |  |  |  |
|  ALA Trust Series 2025-OANA, Class A<br>5.49% (1 mo. USD Term SOFR + 1.743%)<sup>(1),(2)</sup> | 06/15/40 | 140000 | 140752 |
|  BPR Trust Series 2021-WILL, Class A<br>5.62% (1 mo. USD Term SOFR + 1.864%)<sup>(1),(2)</sup> | 06/15/38 | 187864 | 187618 |
|  BX Commercial Mortgage Trust Series 2021-21M, Class A<br>4.59% (1 mo. USD Term SOFR + 0.844%)<sup>(1),(2)</sup> | 10/15/36 | 59504 | 59478 |
|  BX Commercial Mortgage Trust Series 2021-XL2, Class A<br>4.55% (1 mo. USD Term SOFR + 0.803%)<sup>(1),(2)</sup> | 10/15/38 | 49113 | 49110 |
|  BX Trust Series 2024-PAT, Class B<br>6.79% (1 mo. USD Term SOFR + 3.039%)<sup>(1),(2)</sup> | 03/15/41 | 100000 | 100610 |
|  COMM Mortgage Trust Series 2016-787S, Class A<br>3.55%<sup>(1)</sup> | 02/10/36 | 160000 | 159072 |
|  Great Wolf Trust Series 2024-WOLF, Class A<br>5.29% (1 mo. USD Term SOFR + 1.542%)<sup>(1),(2)</sup> | 03/15/39 | 152000 | 152402 |
|  GS Mortgage Securities Corp. Trust Series 2023-FUN, Class A<br>5.84% (1 mo. USD Term SOFR + 2.091%)<sup>(1),(2)</sup> | 03/15/28 | 125000 | 125644 |
|  HILT Commercial Mortgage Trust Series 2024-ORL, Class A<br>5.29% (1 mo. USD Term SOFR + 1.541%)<sup>(1),(2)</sup> | 05/15/37 | 100000 | 100240 |
|  Hilton USA Trust Series 2016-HHV, Class A<br>3.72%<sup>(1)</sup> | 11/05/38 | 103000 | 102318 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2016-NINE, Class A<br>2.85%<sup>(1),(4)</sup> | 09/06/38 | 163000 | 161224 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2016-NINE, Class B<br>2.85%<sup>(1),(4)</sup> | 09/06/38 | 145000 | 143041 |
|  NYCT Trust Series 2024-3ELV, Class A<br>5.74% (1 mo. USD Term SOFR + 1.991%)<sup>(1),(2)</sup> | 08/15/29 | 200000 | 200894 |
|  NYO Commercial Mortgage Trust Series 2021-1290, Class A<br>4.96% (1 mo. USD Term SOFR + 1.209%)<sup>(1),(2)</sup> | 11/15/38 | 140000 | 139895 |
|  PGA Trust Series 2024-RSR2, Class A<br>5.64% (1 mo. USD Term SOFR + 1.891%)<sup>(1),(2)</sup> | 06/15/39 | 173000 | 173309 |
|  SREIT Trust Series 2021-MFP, Class C<br>5.19% (1 mo. USD Term SOFR + 1.443%)<sup>(1),(2)</sup> | 11/15/38 | 134215 | 134220 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Ultra Short Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |  |
|  SREIT Trust Series 2021-MFP2, Class B<br>5.04% (1 mo. USD Term SOFR + 1.286%)<sup>(1),(2)</sup> | 11/15/36 | $115000 | $114997 |
|  Tricon Residential Trust Series 2021-SFR1, Class F<br>3.69%<sup>(1)</sup> | 07/17/38 | 140000 | 138579 |
|  Wells Fargo Commercial Mortgage Trust Series 2021-FCMT, Class A<br>5.07% (1 mo. USD Term SOFR + 1.314%)<sup>(1),(2)</sup> | 05/15/31 | 200000 | 199889 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Non-agency** (Cost: $2,563,165) |  |  | 2583292 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **1.2%** |  |  |  |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series Q004, Class AFL<br>4.77% (1 yr. MTA + 0.740%)<sup>(2)</sup> | 05/25/44 | 56972 | 56950 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series Q010, Class APT<br>7.41%<sup>(4)</sup> | 04/25/46 | 12690 | 12804 |
|  Government National Mortgage Association Series 2008-92, Class E<br>5.56%<sup>(4)</sup> | 03/16/44 | 14991 | 14961 |
|  Government National Mortgage Association Series 2012-135 (I/O)<br>0.36%<sup>(4)</sup> | 01/16/53 | 1279256 | 17972 |
|  Government National Mortgage Association Series 2014-157, Class C<br>3.15%<sup>(4)</sup> | 10/16/54 | 387294 | 377860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Agency** (Cost: $543,842) |  |  | 480547 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **4.5%** |  |  |  |
|  Aames Mortgage Trust Series 2002-1, Class A3<br>7.40% | 06/25/32 | 6462 | 6392 |
|  Adjustable Rate Mortgage Trust Series 2005-1, Class 1A1<br>5.71%<sup>(4)</sup> | 05/25/35 | 11145 | 11108 |
|  Ajax Mortgage Loan Trust Series 2019-F, Class A1<br>2.86%<sup>(1)</sup> | 07/25/59 | 76575 | 75116 |
|  Ameriquest Mortgage Securities, Inc. Asset-Backed Pass-Through Certificates Series 2005-R10, Class M3<br>4.52% (1 mo. USD Term SOFR + 0.789%)<sup>(2)</sup> | 01/25/36 | 33745 | 33812 |
|  Banc of America Funding Trust Series 2003-2, Class 1A1<br>6.50% | 06/25/32 | 2209 | 2250 |
|  Chase Home Lending Mortgage Trust Series 2024-8, Class A6A<br>5.50%<sup>(1),(4)</sup> | 08/25/55 | 58064 | 58073 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2006-WFH4, Class M2<br>4.28% (1 mo. USD Term SOFR + 0.549%)<sup>(2)</sup> | 11/25/36 | 286699 | 286628 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2007-AMC4, Class A2D<br>4.39% (1 mo. USD Term SOFR + 0.654%)<sup>(2)</sup> | 05/25/37 | 50385 | 50235 |
|  Countrywide Alternative Loan Trust Series 2004-J6, Class 2A1<br>6.50% | 11/25/31 | 9628 | 9886 |
|  Credit Suisse First Boston Mortgage Securities Corp. Series 2002-AR31, Class 4A2<br>6.75%<sup>(4)</sup> | 11/25/32 | 12127 | 12070 |
|  FFMLT Trust Series 2005-FF8, Class M2<br>4.63% (1 mo. USD Term SOFR + 0.894%)<sup>(2)</sup> | 09/25/35 | 27651 | 27649 |
|  First Franklin Mortgage Loan Trust Series 2006-FFH1, Class M1<br>4.40% (1 mo. USD Term SOFR + 0.669%)<sup>(2)</sup> | 01/25/36 | 378306 | 374485 |
|  HSI Asset Securitization Corp. Trust Series 2006-OPT2, Class M2<br>4.43% (1 mo. USD Term SOFR + 0.699%)<sup>(2)</sup> | 01/25/36 | 6168 | 6164 |
|  IndyMac INDX Mortgage Loan Trust Series 2004-AR6, Class 6A1<br>5.39%<sup>(4)</sup> | 10/25/34 | 62981 | 59874 |
|  JPMorgan Mortgage Trust Series 2005-A2, Class 9A1<br>6.75%<sup>(4)</sup> | 04/25/35 | 26142 | 25798 |
|  MASTR Adjustable Rate Mortgages Trust Series 2004-12, Class 5A1<br>6.17%<sup>(4)</sup> | 10/25/34 | 7125 | 6994 |
|  MASTR Seasoned Securitization Trust Series 2004-1, Class 4A1<br>6.53%<sup>(4)</sup> | 10/25/32 | 12307 | 12107 |
|  Merrill Lynch Mortgage Investors Trust Series 2003-A1, Class 2A<br>5.84% (1 yr. USD Term SOFR + 2.340%)<sup>(2)</sup> | 12/25/32 | 79176 | 79361 |
|  MortgageIT Trust Series 2005-1, Class 1A1<br>4.49% (1 mo. USD Term SOFR + 0.754%)<sup>(2)</sup> | 02/25/35 | 174179 | 177737 |
|  Ownit Mortgage Loan Trust Series 2006-3, Class A2D<br>4.39% (1 mo. USD Term SOFR + 0.654%)<sup>(2)</sup> | 03/25/37 | 202005 | 197656 |
|  Park Place Securities, Inc. Asset-Backed Pass-Through Certificates Series 2004-WHQ2, Class M4<br>5.42% (1 mo. USD Term SOFR + 1.689%)<sup>(2)</sup> | 02/25/35 | 143743 | 142467 |
|  Residential Asset Mortgage Products Trust Series 2004-SL1, Class A2<br>8.50% | 11/25/31 | 33862 | 10927 |
|  Residential Asset Securities Corporation Trust Series 2006-KS3, Class M1<br>4.34% (1 mo. USD Term SOFR + 0.444%)<sup>(2)</sup> | 04/25/36 | 49080 | 48917 |
|  Residential Asset Securitization Trust Series 2004-IP2, Class 2A1<br>3.80%<sup>(4)</sup> | 12/25/34 | 44842 | 40941 |
|  Soundview Home Loan Trust Series 2005-OPT1, Class M2<br>4.52% (1 mo. USD Term SOFR + 0.789%)<sup>(2)</sup> | 06/25/35 | 4217 | 4213 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2003-AR6, Class A1<br>6.17%<sup>(4)</sup> | 06/25/33 | 11948 | 11767 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Ultra Short Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |  |
|  Washington Mutual Mortgage Pass-Through Certificates WMALT Trust Series 2005-4, Class CB1<br>4.35% (1 mo. USD Term SOFR + 0.614%)<sup>(2)</sup> | 06/25/35 | $58771 | $51516 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Non-agency** (Cost: $1,830,390) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Non-agency** (Cost: $1,830,390) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Non-agency** (Cost: $1,830,390) | 1824143 |
|  **CORPORATE BONDS** — **27.7%** |  |  |  |
|  **Agriculture** — **0.5%** |  |  |  |
|  Altria Group, Inc.<br>4.88% | 02/04/28 | 70000 | 71195 |
|  Imperial Brands Finance PLC (United Kingdom)<br>6.13%<sup>(1)</sup> | 07/27/27 | 135000 | 138928 |
|  |  |  | 210123 |
|  **Airlines** — **0.2%** |  |  |  |
|  JetBlue Pass-Through Trust Series 2019-1, Class AA<br>2.75% | 11/15/33 | 68359 | 60981 |
|  **Banks** — **14.1%** |  |  |  |
|  Bank of America Corp.<br>3.42% (3 mo. USD Term SOFR + 1.302%)<sup>(2)</sup> | 12/20/28 | 70000 | 69196 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.82% (3 mo. USD Term SOFR + 1.837%)<sup>(2)</sup> | 01/20/28 | 985000 | 982754 |
|  Bank of New York Mellon<br>4.73% (1 day USD SOFR + 1.135%)<sup>(2)</sup> | 04/20/29 | 160000 | 162666 |
|  Citigroup, Inc.<br>1.46% (1 day USD SOFR + 0.770%)<sup>(2)</sup> | 06/09/27 | 815000 | 805538 |
|  Goldman Sachs Group, Inc.<br>1.54% (1 day USD SOFR + 0.818%)<sup>(2)</sup> | 09/10/27 | 405000 | 398022 |
|  HSBC Holdings PLC (United Kingdom)<br>2.01% (1 day USD SOFR + 1.732%)<sup>(2)</sup> | 09/22/28 | 85000 | 82065 |
|  JPMorgan Chase & Co.<br>1.04% (3 mo. USD Term SOFR + 0.695%)<sup>(2)</sup> | 02/04/27 | 1185000 | 1181658 |
|  Lloyds Banking Group PLC (United Kingdom)<br>1.63% (1 yr. CMT + 0.850%)<sup>(2)</sup> | 05/11/27 | 50000 | 49547 |
|  Morgan Stanley<br>1.51% (1 day USD SOFR + 0.858%)<sup>(2)</sup> | 07/20/27 | 225000 | 221877 |
|  Morgan Stanley Private Bank NA<br>4.20% (1 day USD SOFR + 0.780%)<sup>(2)</sup> | 11/17/28 | 625000 | 626994 |
|  PNC Financial Services Group, Inc.<br>5.58% (1 day USD SOFR + 1.841%)<sup>(2)</sup> | 06/12/29 | 55000 | 57052 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.62% (1 day USD SOFR Index + 1.730%)<sup>(2)</sup> | 10/20/27 | 40000 | 40798 |
|  Santander U.K. Group Holdings PLC (United Kingdom)<br>1.67% (1 day USD SOFR + 0.989%)<sup>(2)</sup> | 06/14/27 | 105000 | 103812 |
|  U.S. Bancorp<br>4.65% (1 day USD SOFR + 1.230%)<sup>(2)</sup> | 02/01/29 | 200000 | 202548 |
|  Wells Fargo & Co. | Wells Fargo & Co. | Wells Fargo & Co. | Wells Fargo & Co. |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.39% (1 day USD SOFR + 2.100%)<sup>(2)</sup> | 06/02/28 | 560000 | 547372 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.57% (1 day USD SOFR + 1.740%)<sup>(2)</sup> | 07/25/29 | 175000 | 181191 |
|  |  |  | 5713090 |
|  **Chemicals** — **0.4%** |  |  |  |
|  International Flavors & Fragrances, Inc.<br>1.83%<sup>(1)</sup> | 10/15/27 | 150000 | 143962 |
|  **Commercial Services** — **0.7%** |  |  |  |
|  Global Payments, Inc.<br>2.15% | 01/15/27 | 300000 | 293757 |
|  Grand Canyon University<br>5.13% | 10/01/28 | 5000 | 4986 |
|  |  |  | 298743 |
|  **Computers** — **0.2%** |  |  |  |
|  Dell International LLC/EMC Corp.<br>4.75% | 04/01/28 | 70000 | 71028 |
|  **Diversified Financial Services** — **2.0%** |  |  |  |
|  AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland)<br>2.45% | 10/29/26 | 300000 | 296142 |
|  Air Lease Corp.<br>3.63% | 04/01/27 | 200000 | 198580 |
|  American Express Co.<br>4.73% (1 day USD SOFR + 1.260%)<sup>(2)</sup> | 04/25/29 | 230000 | 233600 |
|  Avolon Holdings Funding Ltd. (Ireland)<br>2.53%<sup>(1)</sup> | 11/18/27 | 87000 | 84436 |
|  |  |  | 812758 |
|  **Electric** — **0.8%** |  |  |  |
|  Alliant Energy Finance LLC<br>5.95%<sup>(1)</sup> | 03/30/29 | 135000 | 141217 |
|  Eversource Energy<br>2.90% | 03/01/27 | 200000 | 197384 |
|  |  |  | 338601 |
|  **Gas** — **0.0%** |  |  |  |
|  AmeriGas Partners LP/AmeriGas Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.38%<sup>(1)</sup> | 06/01/28 | 5000 | 5181 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%<sup>(1)</sup> | 06/01/30 | 4000 | 4264 |
|  |  |  | 9445 |
|  **Health Care-Products** — **0.3%** |  |  |  |
|  Stryker Corp.<br>4.70% | 02/10/28 | 120000 | 121747 |
|  **Household Products/Wares** — **0.0%** |  |  |  |
|  Spectrum Brands, Inc.<br>3.88%<sup>(1)</sup> | 03/15/31 | 6000 | 4908 |
|  **Insurance** — **0.9%** |  |  |  |
|  Metropolitan Life Global Funding I<br>4.30%<sup>(1)</sup> | 08/25/29 | 360000 | 361760 |
|  **Internet** — **0.0%** |  |  |  |
|  Getty Images, Inc.<br>10.50%<sup>(1)</sup> | 11/15/30 | 10000 | 10096 |
|  **Lodging** — **0.5%** |  |  |  |
|  Hyatt Hotels Corp.<br>5.05% | 03/30/28 | 115000 | 117167 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Ultra Short Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Lodging (Continued)** |  |  |  |
|  Las Vegas Sands Corp.<br>5.63% | 06/15/28 | $90000 | $92344 |
|  |  |  | 209511 |
|  **Media** — **0.0%** |  |  |  |
|  DISH Network Corp.<br>11.75%<sup>(1)</sup> | 11/15/27 | 3000 | 3124 |
|  Scripps Escrow II, Inc.<br>3.88%<sup>(1)</sup> | 01/15/29 | 3000 | 2761 |
|  Virgin Media Secured Finance PLC (United Kingdom)<br>5.50%<sup>(1)</sup> | 05/15/29 | 11000 | 10843 |
|  |  |  | 16728 |
|  **Office/Business Equipment** — **0.1%** |  |  |  |
|  Xerox Corp.<br>10.25%<sup>(1)</sup> | 10/15/30 | 20000 | 19258 |
|  **Oil & Gas** — **0.1%** |  |  |  |
|  Sunoco LP<br>7.88% (5 yr. CMT + 4.230%)<sup>(1),(2),(5)</sup> | 09/18/30 | 25000 | 25665 |
|  Transocean International Ltd.<br>8.75%<sup>(1)</sup> | 02/15/30 | 3750 | 3920 |
|  |  |  | 29585 |
|  **Packaging & Containers** — **0.6%** |  |  |  |
|  Ardagh Group SA<br>12.00%<sup>(1),(6)</sup> | 12/01/30 | 10000 | 9176 |
|  Berry Global, Inc.<br>5.50% | 04/15/28 | 225000 | 232009 |
|  |  |  | 241185 |
|  **Pharmaceuticals** — **0.6%** |  |  |  |
|  1261229 BC Ltd.<br>10.00%<sup>(1)</sup> | 04/15/32 | 15000 | 15631 |
|  Bayer U.S. Finance LLC (Germany)<br>6.25%<sup>(1)</sup> | 01/21/29 | 220000 | 231209 |
|  |  |  | 246840 |
|  **Pipelines** — **0.2%** |  |  |  |
|  Venture Global LNG, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.13%<sup>(1)</sup> | 06/01/28 | 20000 | 20346 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% (5 yr. CMT + 5.440%)<sup>(1),(2),(5)</sup> | 09/30/29 | 5000 | 3964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.88%<sup>(1)</sup> | 02/01/32 | 15000 | 15506 |
|  Venture Global Plaquemines LNG LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%<sup>(1)</sup> | 12/15/30 | 9000 | 9168 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 06/15/34 | 1000 | 1024 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%<sup>(1)</sup> | 01/15/36 | 11000 | 11269 |
|  |  |  | 61277 |
|  **REIT** — **3.5%** |  |  |  |
|  American Tower Corp. (REIT)<br>5.25% | 07/15/28 | 250000 | 257055 |
|  Crown Castle, Inc.<br>3.80% | 02/15/28 | 135000 | 133985 |
|  Extra Space Storage LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 12/15/27 | 205000 | 204514 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70% | 04/01/28 | 135000 | 139547 |
|  Healthcare Realty Holdings LP<br>3.63% | 01/15/28 | 220000 | 217270 |
|  Hudson Pacific Properties LP<br>3.95% | 11/01/27 | 50000 | 47805 |
|  VICI Properties LP/VICI Note Co., Inc.<br>5.75%<sup>(1)</sup> | 02/01/27 | 285000 | 288243 |
|  WP Carey, Inc.<br>4.65% | 07/15/30 | 110000 | 110872 |
|  |  |  | 1399291 |
|  **Retail** — **0.1%** |  |  |  |
|  Ferrellgas LP/Ferrellgas Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(1)</sup> | 04/01/29 | 24000 | 23085 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.25%<sup>(1)</sup> | 01/15/31 | 17000 | 17536 |
|  Papa John's International, Inc.<br>3.88%<sup>(1)</sup> | 09/15/29 | 10000 | 9554 |
|  |  |  | 50175 |
|  **Savings & Loans** — **0.5%** |  |  |  |
|  Nationwide Building Society (United Kingdom)<br>2.97% (1 day USD SOFR + 1.290%)<sup>(1),(2)</sup> | 02/16/28 | 200000 | 197580 |
|  **Semiconductors** — **0.2%** |  |  |  |
|  Foundry JV Holdco LLC<br>5.50%<sup>(1)</sup> | 01/25/31 | 95000 | 98155 |
|  **Software** — **0.2%** |  |  |  |
|  Fiserv, Inc.<br>4.55% | 02/15/31 | 45000 | 44651 |
|  Oracle Corp.<br>4.80% | 08/03/28 | 50000 | 50248 |
|  |  |  | 94899 |
|  **Telecommunications** — **1.0%** |  |  |  |
|  Altice Financing SA (Luxembourg)<br>9.63%<sup>(1)</sup> | 07/15/27 | 15000 | 11570 |
|  Altice France SA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 04/15/32 | 2799 | 2689 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%<sup>(1)</sup> | 11/01/29 | 2088 | 2149 |
|  EchoStar Corp.<br>10.75% | 11/30/29 | 2200 | 2433 |
|  Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III LLC<br>5.15%<sup>(1)</sup> | 09/20/29 | 157500 | 158601 |
|  T-Mobile USA, Inc.<br>2.25% | 02/15/26 | 200000 | 199638 |
|  Zayo Group Holdings, Inc.<br>9.25%<sup>(1),(7)</sup> | 03/09/30 | 19299 | 18358 |
|  |  |  | 395438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $10,974,665) |  |  | 11217164 |
|  **Municipal Bond** — **0.1%** |  |  |  |
|  Commonwealth of Massachusetts, Revenue Bonds<br>4.11% | 07/15/31 | 56378 | 56291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Municipal Bonds** (Cost: $55,356) |  |  | 56291 |
|  **U.S. TREASURY SECURITIES** — **19.2%** |  |  |  |
|  U.S. Treasury Notes |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38% | 12/31/27 | 6430000 | 6417693 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 12/15/28 | 760000 | 759198 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 11/30/30 | 51000 | 50504 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63% | 12/31/30 | 570000 | 567395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $7,794,798) |  |  | 7794790 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Ultra Short Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **U.S. GOVERNMENT AGENCY OBLIGATIONS** — **3.8%** |  |  |  |
|  U.S. International Development Finance Corp.<br>1.49% | 08/15/31 | $1665945 | $1549329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Government Agency Obligations** (Cost: $1,671,880) |  |  | 1549329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $42,669,456) |  |  | 42759463 |
|  **CONVERTIBLE SECURITIES** — **0.1%**  |  |  |  |
|  **CONVERTIBLE CORPORATE BONDS** — **0.1%** |  |  |  |
|  **Commercial Services** — **0.1%** |  |  |  |
|  Worldline SA (France)<br>0.00%<sup>(8),(9)</sup> | 07/30/26 | 30000 | 34434 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Corporate Bonds** (Cost: $32,199) |  |  | 34434 |
| **Issues** |  | **Shares** | **Value** |
|  **MONEY MARKET INVESTMENTS** — **13.7%** |  |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class,<br>3.74%<sup>(10)</sup> |  | 207794 | 207794 |
|  TCW Central Cash Fund,<br>3.71%<sup>(10),(11)</sup> |  | 5334414 | 5334414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $5,542,208) |  |  | 5542208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **PURCHASED OPTIONS<sup>(12)</sup> (0.0%)** (Cost: $19,217) |  |  | 351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (119.3%)** (Cost: $48,263,080) |  |  | 48336456 |
|  **Liabilities In Excess Of Other Assets (-19.3%)** |  |  | (7829664) |
|  **Net Assets (100.0%)** |  |  | $40506792 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Ultra Short Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** |
| **Number of<br>Contracts** | **Type** | **Expiration**<br>**Date** | **Notional**<br>**Contract**<br>**Value** | **Value** | **Net<br>Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
|  **Long Futures** |  |  |  |  |  |
| 45 | 2-Year U.S. Treasury Note Futures | 03/31/26 | $9388166 | $9395508 | $7342 |
|  |  |  | $**9388166** | $**9395508** | $**7342** |
|  **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** |
| 18 | 10-Year U.S. Treasury Note Futures | 03/20/26 | $(2074397) | $(2070281) | $4116 |
| 44 | 5-Year U.S. Treasury Note Futures | 03/31/26 | (4804520) | (4809406) | (4886) |
| 3 | U.S. Ultra Long Bond Futures | 03/20/26 | (359409) | (354000) | 5409 |
|  |  |  | $**(7238326)** | $**(7233687)** | $**4639** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** |
| **Counterparty** | **Contracts<br>to<br>Deliver** | **Units of<br>Currency** | **Settlement<br>Date** | **In<br>Exchange<br>for USD** | **Contracts<br>at Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **SELL<sup>(13)</sup>** |  |  |  |  |  |  |
|  Citibank N.A. | EUR | 48363 | 01/09/26 | $56871 | $56811 | $60 |
|  |  |  |  | $**56871** | $**56811** | $**60** |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** |
| **Description** | **Counterparty** | **Coupon Rate (%)** | **Coupon Rate (%)** | **Expiration<br>Date** | **Number of<br>Contracts** | **Notional<br>Amount** | **Market<br>Value** | **Premiums<br>Paid<br>(Received)<br>by Fund** | **Unrealized<br>Appreciation**<br>**(Depreciation)** |
|  **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** | **Purchased Swaptions** — **OTC** |
|  2-Year Interest Rate Swap | 2-Year Interest Rate Swap | Morgan Stanley & Co. | 4.05 | 01/30/26 | 2162000 | $2162000 | $1 | $2486 | $(2485) |
|  2-Year Interest Rate Swap | 2-Year Interest Rate Swap | Morgan Stanley & Co. | 4.03 | 02/27/26 | 2162000 | 2162000 | 18 | 2811 | (2793) |
|  2-Year Interest Rate Swap | 2-Year Interest Rate Swap | Morgan Stanley & Co. | 4.00 | 03/31/26 | 2162000 | 2162000 | 100 | 3626 | (3526) |
|  5-Year Interest Rate Swap | 5-Year Interest Rate Swap | Bank of America | 4.22 | 01/30/26 | 903000 | 903000 | 3 | 2799 | (2796) |
|  5-Year Interest Rate Swap | 5-Year Interest Rate Swap | JPMorgan Chase Bank | 4.22 | 02/27/26 | 903000 | 903000 | 46 | 3432 | (3386) |
|  5-Year Interest Rate Swap | 5-Year Interest Rate Swap | JPMorgan Chase Bank | 4.22 | 03/31/26 | 903000 | 903000 | 183 | 4063 | (3880) |
|  **Total Swaptions** |  |  |  |  |  |  | $**351** | $**19217** | $**(18866)** |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Ultra Short Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| CLO | Collateralized Loan Obligation. |
| EUR | Euro Currency. |
| I/F | Inverse Floating rate security whose interest rate moves in the opposite direction of prevailing interest rates. |
| I/O | Interest Only Security. |
| PAC | Planned Amortization Class. |
| REMIC | Real Estate Mortgage Investment Conduits. |
| SOFR | Secured Overnight Financing Rate. |
| STRIPS | Separate Trading of Registered Interest and Principal Securities. |
| TAC | Target Amortization Class. |
| TBA | To Be Announced. |
| (1) | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold, normally only to qualified institutional buyers. At December 31, 2025, the value of these securities amounted to $10,238,821 or 25.3% of net assets. These securities are determined to be liquid by the Fund's investment advisor, unless otherwise noted, under procedures established by and under the general supervision of the Company's Board of Directors. |
| (2) | Floating or variable rate security. The interest shown reflects the rate in effect at December 31, 2025. |
| (3) | Security purchased on a forward commitment with an approximate principal amount. The actual principal amount and maturity date will be determined upon settlement when the security is delivered. |
| (4) | Variable rate security. Interest rate disclosed is as of the most recent information available. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description above. |
| (5) | Perpetual maturity. |
| (6) | Payment-in-kind ("PIK") security. Income may be paid in additional securities or cash at the discretion of the issuer—5.50% cash or 6.50% PIK interest. |
| (7) | PIK security. Income may be paid in additional securities or cash at the discretion of the issuer—5.75% cash or 0.50% PIK interest. |
| (8) | Investments issued under Regulation S of the Securities Act of 1933, as amended, may not be offered, sold, or delivered within the United States except under special exemptions. At December 31, 2025, the value of these securities amounted to $34,434 or 0.1% of net assets. |
| (9) | Security is not accruing interest. |
| (10) | Rate disclosed is the 7-day net yield as of December 31, 2025. |
| (11) | Affiliated issuer. |
| (12) | See options table for description of purchased options. |
| (13) | Fund sells foreign currency, buys USD. |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Ultra Short Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

The summary of the TCW MetWest Ultra Short Bond Fund transactions in the affiliated funds for the period ended December 31, 2025 is as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at<br>March 31,<br>2025** | **Purchases at<br>Cost** | **Proceeds from<br>Sales** | **Number of<br>Shares Held<br>December 31,<br>2025** | **Value at December,<br>2025** | **Dividends<br>and Interest<br>Income<br>Received** | **Distributions<br>Received<br>from Net<br>Realized Gain** | **Net change in<br>Unrealized<br>Gain (Loss) on<br>Investments** |
|  TCW Central Cash Fund | $1349875 | $95584539 | $91600000 | 5334414 | $5334414 | $171184 | $– $– $|  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $5334414 | $171184 | $– $– $|  |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Ultra Short Bond Fund** |  |
| Fair Valuation Summary (Unaudited) | December 31, 2025 |

---

The following is a summary of the fair valuations according to the inputs used as of December 31, 2025 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Fixed Income Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Agency | $— | $11514784 | $— | $11514784 |
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds |  | 11217164 |  | 11217164 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Securities |  | 7794790 |  | 7794790 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 5739123 |  | 5739123 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 2583292 |  | 2583292 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Non-Agency |  | 1824143 |  | 1824143 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agency Obligations |  | 1549329 |  | 1549329 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Agency |  | 480547 |  | 480547 |
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds |  | 56291 |  | 56291 |
|  Total Fixed Income Securities |  | 42759463 |  | 42759463 |
|  Convertible Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Convertible Corporate Bonds |  | 34434 |  | 34434 |
|  Equity Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Money Market Investments | 5542208 |  |  | 5542208 |
|  Swaptions |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Purchased Swaptions — OTC |  | 351 |  | 351 |
|  Total Investments | $5542208 | $42794248 | $— | $48336456 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 60 |  | 60 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 16867 |  |  | 16867 |
|  Total | $5559075 | $42794308 | $— | $48353383 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | $(4886) | $— | $— | $(4886) |
|  Total | $(4886) | $— | $— | $(4886) |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES** — **99.2% of Net Assets** |  |  |  |
|  **ASSET-BACKED SECURITIES** — **10.2%** |  |  |  |
|  321 Henderson Receivables VI LLC Series 2010-1A, Class B<br>9.31%<sup>(1)</sup> | 07/15/61 | $60663 | $61381 |
|  AIMCO CLO 24 Ltd. Series 2025-24A, Class SUB<br>0.00%<sup>(1),(2),(3)</sup> | 04/19/38 | 3100000 | 2461415 |
|  ALLO Issuer LLC Series 2023-1A, Class C<br>12.18%<sup>(1)</sup> | 06/20/53 | 3700000 | 3895265 |
|  ALLO Issuer LLC Series 2024-1A, Class C<br>11.19%<sup>(1)</sup> | 07/20/54 | 1200000 | 1279585 |
|  ALLO Issuer LLC Series 2025-1A, Class C<br>8.10%<sup>(1)</sup> | 04/20/55 | 5590000 | 5696911 |
|  Avis Budget Rental Car Funding AESOP LLC Series 2021-2A, Class D<br>4.08%<sup>(1)</sup> | 02/20/28 | 8500000 | 8380877 |
|  Bayview Opportunity Master Fund VII LLC Series 2024-EDU1, Class E<br>8.36% (30 day USD SOFR Average + 3.500%)<sup>(1),(4)</sup> | 06/25/47 | 5525416 | 5588628 |
|  Blue Stream Issuer LLC Series 2023-1A, Class C<br>8.90%<sup>(1)</sup> | 05/20/53 | 6100000 | 6234016 |
|  BlueMountain CLO Ltd. Series 2015-4A, Class DR2<br>5.83% (3 mo. USD Term SOFR + 1.950%)<sup>(1),(4)</sup> | 04/20/30 | 2750000 | 2733335 |
|  Carvana Auto Receivables Trust Series 2021-N3, Class R<br>0.00%<sup>(1),(3),(5)</sup> | 06/12/28 | 19250 | 1367820 |
|  Carvana Auto Receivables Trust Series 2021-N4, Class R<br>0.00%<sup>(1),(3),(5)</sup> | 09/12/28 | 26800 | 1066080 |
|  Carvana Auto Receivables Trust Series 2021-P4, Class R<br>0.00%<sup>(1),(3),(5)</sup> | 09/11/28 | 14200 | 1678781 |
|  Carvana Auto Receivables Trust Series 2022-N1, Class R<br>0.00%<sup>(1),(3),(5)</sup> | 12/11/28 | 71000 | 3093893 |
|  Carvana Auto Receivables Trust Series 2022-P2, Class R<br>0.00%<sup>(1),(3),(5)</sup> | 05/10/29 | 54850 | 6551300 |
|  Carvana Auto Receivables Trust Series 2023-P3, Class R<br>0.00%<sup>(1),(3)</sup> | 08/12/30 | 16200 | 1701368 |
|  CIT Education Loan Trust Series 2007-1, Class B<br>4.61% (90 day USD SOFR Average + 0.562%)<sup>(1),(4)</sup> | 06/25/42 | 801300 | 747043 |
|  Clover CLO LLC Series 2018-1A, Class B1R<br>5.83% (3 mo. USD Term SOFR + 1.950%)<sup>(1),(4)</sup> | 04/20/37 | 9300000 | 9322636 |
|  Cologix Data Centers U.S. Issuer LLC Series 2021-1A, Class A2<br>3.30%<sup>(1)</sup> | 12/26/51 | 2500000 | 2458019 |
|  Consolidated Communications LLC/Fidium Fiber Finance Holdco LLC Series 2025-1A, Class C<br>9.41%<sup>(1)</sup> | 05/20/55 | 8142000 | 8520780 |
|  Elmwood CLO 30 Ltd. Series 2024-6A, Class B<br>5.63% (3 mo. USD Term SOFR + 1.750%)<sup>(1),(4)</sup> | 07/17/37 | 6000000 | 6021582 |
|  FHF Issuer Trust Series 2025-1A, Class A2<br>4.92%<sup>(1)</sup> | 02/15/31 | 3558616 | 3550550 |
|  Flexential Issuer LLC Series 2021-1A, Class A2<br>3.25%<sup>(1)</sup> | 11/27/51 | 1284571 | 1266364 |
|  Flexential Issuer LLC Series 2021-1A, Class C<br>6.93%<sup>(1)</sup> | 11/27/51 | 9755000 | 9689851 |
|  Goal Capital Funding Trust Series 2006-1, Class B<br>5.30% (3 mo. USD LIBOR + 0.450%)<sup>(4)</sup> | 08/25/42 | 140661 | 136932 |
|  GoldenTree Loan Management U.S. CLO 15 Ltd. Series 2022-15A, Class DR2<br>6.51% (3 mo. USD Term SOFR + 2.650%)<sup>(1),(4)</sup> | 10/20/38 | 3300000 | 3312814 |
|  GoldenTree Loan Management U.S. CLO 25 Ltd. Series 2025-25A, Class D<br>7.38% (3 mo. USD Term SOFR + 3.500%)<sup>(1),(4)</sup> | 04/20/38 | 6325000 | 6384537 |
|  Hertz Vehicle Financing III LP Series 2021-2A, Class C<br>2.52%<sup>(1)</sup> | 12/27/27 | 5569500 | 5468564 |
|  Hertz Vehicle Financing III LP Series 2021-2A, Class D<br>4.34%<sup>(1)</sup> | 12/27/27 | 4225000 | 4165628 |
|  HPS Loan Management Ltd. Series 2024-20A, Class B1<br>5.71% (3 mo. USD Term SOFR + 1.850%)<sup>(1),(4)</sup> | 07/25/37 | 4850000 | 4864521 |
|  Huntington Bank Auto Credit-Linked Notes Series 2025-2, Class E<br>10.52% (30 day USD SOFR Average + 6.600%)<sup>(1),(4)</sup> | 09/20/33 | 2689978 | 2706205 |
|  Invesco U.S. CLO Ltd. Series 2024-4A, Class SUB<br>0.00%<sup>(1),(2),(3)</sup> | 01/15/38 | 8000000 | 5397064 |
|  Invesco U.S. CLO Ltd. Series 2024-4A, Class Y<br>0.05%<sup>(1),(2),(6),(7)</sup> | 01/15/38 | 8000000 | 1 |
|  LMDV Issuer Co. LLC Series 2025-1A, Class C<br>7.88%<sup>(1)</sup> | 12/15/55 | 2600000 | 2606240 |
|  Madison Park Funding XXXIX Ltd. Series 2021-39A, Class BR<br>5.61% (3 mo. USD Term SOFR + 1.750%)<sup>(1),(4)</sup> | 10/22/34 | 8000000 | 8008000 |
|  Magnetite XLII Ltd. Series 2024-42A, Class SUB<br>0.00%<sup>(1),(2),(3)</sup> | 01/25/38 | 6050000 | 4319809 |
|  NCFA LLC<br>2.75%<sup>(7)</sup> | 06/12/28 | 5260667 | 5260667 |
|  NCFA LLC – Loan Participation 1<br>2.75%<sup>(7)</sup> | 06/12/28 | 1125468 | 1125468 |
|  NCFA LLC – Loan Participation 2<br>3.14%<sup>(7)</sup> | 12/19/27 | 9338458 | 9338458 |
|  NCFA LLC – Loan Participation 3<br>7.90%<sup>(2),(7)</sup> | 04/11/30 | 2670000 | 2670000 |
|  New Mountain CLO 8 Ltd. Series CLO-8A, Class M<br>0.00%<sup>(1),(3),(6),(7)</sup> | 10/20/38 | 650000 |  |
|  New Mountain CLO 8 Ltd. Series CLO-8A, Class SUB<br>0.00%<sup>(1),(2),(3)</sup> | 10/20/38 | 6500000 | 4851028 |
|  Newday Funding Master Issuer PLC Series 2024-2X, Class E<br>7.74% (1 day GBP SONIA + 3.900%)<sup>(4),(8)</sup> | 07/15/32 | 1700000 | 2328285 |
|  OCP CLO Ltd. Series 2025-44A, Class SUB<br>0.00%<sup>(1),(2),(3)</sup> | 10/24/38 | 4750000 | 3749892 |
|  Owl Rock CLO XV LLC Series 2024-15A, Class A<br>6.18% (3 mo. USD Term SOFR + 2.300%)<sup>(1),(4)</sup> | 01/20/36 | 4650000 | 4660174 |
|  Palmer Square CLO Ltd. Series 2024-3A, Class SUB<br>0.00%<sup>(1),(2),(3)</sup> | 07/20/37 | 3975000 | 3086854 |
|  Park Avenue Institutional Advisers CLO Ltd. Series 2021-1A, Class CR<br>7.03% (3 mo. USD Term SOFR + 3.150%)<sup>(1),(4)</sup> | 01/20/34 | 4500000 | 4486774 |
|  PRET LLC Series 2025-NPL9, Class A1<br>5.39%<sup>(1)</sup> | 08/25/55 | 6944569 | 6967584 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS December 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **ASSET-BACKED SECURITIES (Continued)** |  |  |  |
|  Rockford Tower CLO Ltd. Series 2025-2A, Class D1<br>7.39% (3 mo. USD Term SOFR + 3.350%)<sup>(1),(4)</sup> | 03/31/38 | $6710000 | $6783850 |
|  Serenity-Peace Park CLO Ltd. Series 2025-1A, Class SUB<br>0.00% <sup>(1),(2),(3)</sup> | 10/24/38 | 6400000 | 5197504 |
|  Sixth Street CLO XX Ltd. Series 2021-20A, Class SUB<br>0.00% <sup>(1),(2),(3)</sup> | 07/17/38 | 4900000 | 2699077 |
|  Skyline Aviation, Inc. Class A<br>3.23% <sup>(7)</sup> | 07/03/38 | 7385810 | 6984465 |
|  SLC Student Loan Trust Series 2004-1, Class B<br>4.81% (90 day USD SOFR Average + 0.552%)<sup>(4)</sup> | 08/15/31 | 260147 | 229300 |
|  SLM Student Loan EDC Repackaging Trust Series 2013-M1, Class M1R<br>0.00% <sup>(1),(3),(7),(5)</sup> | 10/28/29 | 6250 | 1176636 |
|  SLM Student Loan Trust Series 2003-12, Class B<br>4.98% (90 day USD SOFR Average + 0.852%)<sup>(4)</sup> | 12/15/68 | 1805974 | 1744767 |
|  SLM Student Loan Trust Series 2003-7, Class B<br>4.96% (90 day USD SOFR Average + 0.832%)<sup>(4)</sup> | 09/15/39 | 1282444 | 1220695 |
|  SLM Student Loan Trust Series 2004-10, Class B<br>4.94% (90 day USD SOFR Average + 0.632%)<sup>(4)</sup> | 01/25/40 | 4550752 | 4295468 |
|  SLM Student Loan Trust Series 2004-2, Class B<br>5.04% (90 day USD SOFR Average + 0.732%)<sup>(4)</sup> | 07/25/39 | 219666 | 209973 |
|  SLM Student Loan Trust Series 2005-3, Class B<br>4.72% (90 day USD SOFR Average + 0.412%)<sup>(4)</sup> | 04/25/40 | 1501311 | 1432522 |
|  SLM Student Loan Trust Series 2006-8, Class B<br>4.80% (90 day USD SOFR Average + 0.492%)<sup>(4)</sup> | 01/25/41 | 1592943 | 1506109 |
|  SLM Student Loan Trust Series 2007-7, Class B<br>5.32% (90 day USD SOFR Average + 1.012%)<sup>(4)</sup> | 10/27/70 | 2195000 | 2264799 |
|  SLM Student Loan Trust Series 2007-8, Class B<br>5.57% (90 day USD SOFR Average + 1.262%)<sup>(4)</sup> | 04/27/83 | 2605955 | 2529323 |
|  SLM Student Loan Trust Series 2008-2, Class B<br>5.77% (90 day USD SOFR Average + 1.462%)<sup>(4)</sup> | 01/25/83 | 1000000 | 1053947 |
|  SLM Student Loan Trust Series 2008-3, Class B<br>5.77% (90 day USD SOFR Average + 1.462%)<sup>(4)</sup> | 04/26/83 | 710000 | 733294 |
|  SLM Student Loan Trust Series 2008-4, Class A4<br>6.22% (90 day USD SOFR Average + 1.912%)<sup>(4)</sup> | 07/25/22 | 304208 | 305293 |
|  SLM Student Loan Trust Series 2008-4, Class B<br>6.42% (90 day USD SOFR Average + 2.112%)<sup>(4)</sup> | 04/25/73 | 710000 | 745322 |
|  SLM Student Loan Trust Series 2008-5, Class B<br>6.42% (90 day USD SOFR Average + 2.112%)<sup>(4)</sup> | 07/25/73 | 7315000 | 7702875 |
|  SLM Student Loan Trust Series 2008-6, Class B<br>6.42% (90 day USD SOFR Average + 2.112%)<sup>(4)</sup> | 07/26/83 | 710000 | 732304 |
|  SLM Student Loan Trust Series 2008-7, Class B<br>6.42% (90 day USD SOFR Average + 2.112%)<sup>(4)</sup> | 07/26/83 | 820000 | 816096 |
|  SLM Student Loan Trust Series 2012-1, Class A3<br>4.94% (30 day USD SOFR Average + 1.064%)<sup>(4)</sup> | 09/25/28 | 371605 | 367912 |
|  SLM Student Loan Trust Series 2012-2, Class A<br>4.69% (30 day USD SOFR Average + 0.814%)<sup>(4)</sup> | 01/25/29 | 595034 | 585420 |
|  SLM Student Loan Trust Series 2012-7, Class B<br>5.79% (30 day USD SOFR Average + 1.914%)<sup>(4)</sup> | 09/25/43 | 2200000 | 2121511 |
|  SLM Student Loan Trust Series 2014-1, Class A3<br>4.59% (30 day USD SOFR Average + 0.714%)<sup>(4)</sup> | 02/26/29 | 509643 | 497965 |
|  Structured Receivables Finance LLC Series 2010-A, Class B<br>7.61% <sup>(1)</sup> | 01/16/46 | 567920 | 572870 |
|  Structured Receivables Finance LLC Series 2010-B, Class B<br>7.97% <sup>(1)</sup> | 08/15/36 | 740210 | 753220 |
|  Switch ABS Issuer LLC Series 2024-2A, Class C<br>10.03% <sup>(1)</sup> | 06/25/54 | 4715000 | 4848918 |
|  TIAA CLO IV Ltd. Series 2018-1A, Class A2R<br>5.63% (3 mo. USD Term SOFR + 1.750%)<sup>(1),(4)</sup> | 01/20/32 | 8000000 | 8017264 |
|  TIF Funding II LLC Series 2021-1A, Class B<br>2.54% <sup>(1)</sup> | 02/20/46 | 2378229 | 2176534 |
|  Trinitas CLO XXII Ltd. Series 2023-22A, Class D1R<br>6.98% (3 mo. USD Term SOFR + 3.100%)<sup>(1),(4)</sup> | 03/20/38 | 3040000 | 3052309 |
|  Triton Container Finance VIII LLC Series 2021-1A, Class B<br>2.58% <sup>(1)</sup> | 03/20/46 | 1827506 | 1690681 |
|  U.S. Bank C&I Credit-Linked Notes Series 2025-SUP2, Class E<br>7.57% (30 day USD SOFR Average + 3.700%)<sup>(1),(4)</sup> | 09/25/32 | 1470014 | 1473683 |
|  U.S. Bank C&I Credit-Linked Notes Series 2025-SUP2, Class R<br>10.37% (30 day USD SOFR Average + 6.500%)<sup>(1),(4)</sup> | 09/25/32 | 2641432 | 2648008 |
|  Wireless PropCo Funding LLC Series 2025-1A, Class C<br>8.51% <sup>(1)</sup> | 06/25/55 | 1250000 | 1280495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-backed Securities** (Cost: $305,909,167) |  |  | 269713388 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **21.7%** |  |  |  |
|  Federal Home Loan Mortgage Corp., Pool #SD8244<br>4.00% | 09/01/52 | 7807885 | 7446307 |
|  Federal Home Loan Mortgage Corp., Pool #SD8256<br>4.00% | 10/01/52 | 16270211 | 15514226 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS December 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** |  |  |  |
|  Federal Home Loan Mortgage Corp., Pool #SD8265<br>4.00% | 11/01/52 | $24115635 | $22991379 |
|  Federal Home Loan Mortgage Corp., Pool #SD8286<br>4.00% | 01/01/53 | 9278772 | 8844763 |
|  Federal Home Loan Mortgage Corp., Pool #SD5323<br>4.00% | 01/01/54 | 3070914 | 2927750 |
|  Federal Home Loan Mortgage Corp., Pool #SD8245<br>4.50% | 09/01/52 | 5978988 | 5868167 |
|  Federal Home Loan Mortgage Corp., Pool #SD8257<br>4.50% | 10/01/52 | 13673340 | 13430201 |
|  Federal Home Loan Mortgage Corp., Pool #SD8275<br>4.50% | 12/01/52 | 29390388 | 28836527 |
|  Federal Home Loan Mortgage Corp., Pool #SD8347<br>4.50% | 08/01/53 | 9563287 | 9371897 |
|  Federal Home Loan Mortgage Corp., Pool #SD8323<br>5.00% | 05/01/53 | 9521726 | 9542787 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3339, Class JS (I/F)<br>16.20% (-30 day USD SOFR Average + 42.091%)<sup>(4)</sup> | 07/15/37 | 4266 | 6086 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3404, Class AS (I/O) (I/F)<br>1.80% (-30 day USD SOFR Average + 5.781%)<sup>(4)</sup> | 01/15/38 | 23037 | 1850 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3439, Class SC (I/O) (I/F)<br>1.80% (-30 day USD SOFR Average + 5.786%)<sup>(4)</sup> | 04/15/38 | 17915 | 1172 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3885 (P/O) (PAC)<br>0.00%<sup>(3)</sup> | 11/15/33 | 5927 | 5366 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4030, Class HS (I/O) (I/F)<br>2.51% (-30 day USD SOFR Average + 6.496%)<sup>(4)</sup> | 04/15/42 | 45193 | 4903 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5468, Class SE (I/O) (I/F)<br>1.48% (-30 day USD SOFR Average + 5.350%)<sup>(4)</sup> | 10/25/54 | 24669306 | 1791611 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5473, Class SL (I/O) (I/F)<br>1.48% (-30 day USD SOFR Average + 5.350%)<sup>(4)</sup> | 11/25/54 | 39534340 | 2275657 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5496, Class S (I/O) (I/F)<br>2.03% (-30 day USD SOFR Average + 5.900%)<sup>(4)</sup> | 01/25/55 | 27061194 | 2024185 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5512, Class LS (I/O) (I/F)<br>2.02% (-30 day USD SOFR Average + 5.896%)<sup>(4)</sup> | 03/25/55 | 12315274 | 900318 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5544, Class SD (I/O) (I/F)<br>1.18% (-30 day USD SOFR Average + 5.050%)<sup>(4)</sup> | 06/25/55 | 35665671 | 2121465 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5546, Class AS (I/F)<br>4.69% (-30 day USD SOFR Average + 10.500%)<sup>(4)</sup> | 06/25/55 | 3659406 | 3581414 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5547, Class S (I/F)<br>4.76% (-30 day USD SOFR Average + 10.575%)<sup>(4)</sup> | 06/25/55 | 3805890 | 3733909 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5548, Class S (I/F)<br>5.21% (-30 day USD SOFR Average + 11.667%)<sup>(4)</sup> | 06/25/55 | 3622121 | 3580122 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5549, Class JS (I/F)<br>4.69% (-30 day USD SOFR Average + 10.500%)<sup>(4)</sup> | 06/25/55 | 1219094 | 1195989 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5578, Class SD (I/O)<br>2.03% (-30 day USD SOFR Average + 5.900%)<sup>(4)</sup> | 09/25/55 | 26748117 | 2673667 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 386, Class C1 (I/O)<br>2.00% | 03/15/52 | 34025652 | 4589392 |
|  Federal National Mortgage Association, Pool #MA4547<br>2.00% | 02/01/52 | 14709766 | 11973857 |
|  Federal National Mortgage Association, Pool #FS1598<br>2.00% | 04/01/52 | 14166820 | 11525081 |
|  Federal National Mortgage Association, Pool #FS8274<br>2.00% | 04/01/52 | 15743510 | 12807760 |
|  Federal National Mortgage Association, Pool #CB0176<br>2.50% | 04/01/51 | 3018183 | 2558129 |
|  Federal National Mortgage Association, Pool #FM8658<br>2.50% | 09/01/51 | 6807652 | 5768659 |
|  Federal National Mortgage Association, Pool #FM9086<br>2.50% | 10/01/51 | 10672608 | 9043325 |
|  Federal National Mortgage Association, Pool #MA4563<br>2.50% | 03/01/52 | 22428926 | 19086181 |
|  Federal National Mortgage Association, Pool #MA4599<br>3.00% | 05/01/52 | 6688035 | 5937333 |
|  Federal National Mortgage Association, Pool #FS6943<br>3.00% | 06/01/52 | 22458755 | 19880174 |
|  Federal National Mortgage Association, Pool #MA4626<br>4.00% | 06/01/52 | 6820815 | 6509186 |
|  Federal National Mortgage Association, Pool #MA4866<br>4.00% | 01/01/53 | 7201306 | 6864469 |
|  Federal National Mortgage Association, Pool #MA4656<br>4.50% | 07/01/52 | 11125917 | 10924882 |
|  Federal National Mortgage Association, Pool #MA4733<br>4.50% | 09/01/52 | 15318777 | 15053931 |
|  Federal National Mortgage Association, Pool #MA4784<br>4.50% | 10/01/52 | 11024456 | 10818408 |
|  Federal National Mortgage Association, Pool #FS9442<br>4.50% | 03/01/53 | 2885466 | 2831090 |
|  Federal National Mortgage Association, Pool #MA5037<br>4.50% | 06/01/53 | 1883762 | 1846257 |
|  Federal National Mortgage Association, Pool #MA5009<br>5.00% | 05/01/53 | 12848546 | 12888789 |
|  Federal National Mortgage Association, Pool #FS7252<br>5.00% | 11/01/53 | 11483374 | 11511172 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS December 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** |
|  Federal National Mortgage Association Interest STRIPS Series 426, Class C40 (I/O)<br>2.00% | 06/25/51 | $7193328 | $947458 |
|  Federal National Mortgage Association Interest STRIPS Series 426, Class C41 (I/O)<br>2.00% | 03/25/51 | 27083568 | 3546104 |
|  Federal National Mortgage Association Interest STRIPS Series 426, Class C42 (I/O)<br>2.00% | 11/25/50 | 15561341 | 2041610 |
|  Federal National Mortgage Association Interest STRIPS Series 434, Class C29 (I/O)<br>2.00% | 10/25/52 | 41243893 | 5500893 |
|  Federal National Mortgage Association Interest STRIPS Series 436, Class C32 (I/O)<br>2.00% | 10/25/52 | 13796300 | 1820018 |
|  Federal National Mortgage Association REMICS Series 2006-11, Class PS (I/F) (PAC)<br>9.94% (-30 day USD SOFR Average + 24.147%)<sup>(4)</sup> | 03/25/36 | 7432 | 8896 |
|  Federal National Mortgage Association REMICS Series 2006-8, Class HJ (I/O) (I/F)<br>2.61% (-30 day USD SOFR Average + 6.486%)<sup>(4)</sup> | 03/25/36 | 309336 | 28921 |
|  Federal National Mortgage Association REMICS Series 2007-52, Class LS (I/O) (I/F)<br>2.06% (-30 day USD SOFR Average + 5.936%)<sup>(4)</sup> | 06/25/37 | 15983 | 1349 |
|  Federal National Mortgage Association REMICS Series 2007-77, Class SK (I/O) (I/F)<br>1.88% (-30 day USD SOFR Average + 5.756%)<sup>(4)</sup> | 08/25/37 | 41220 | 3160 |
|  Federal National Mortgage Association REMICS Series 2007-88, Class JI (I/O) (I/F)<br>2.46% (-30 day USD SOFR Average + 6.336%)<sup>(4)</sup> | 04/25/37 | 330857 | 30237 |
|  Federal National Mortgage Association REMICS Series 2008-18, Class SM (I/O) (I/F)<br>3.01% (-30 day USD SOFR Average + 6.886%)<sup>(4)</sup> | 03/25/38 | 22400 | 2422 |
|  Federal National Mortgage Association REMICS Series 2008-62, Class SN (I/O) (I/F)<br>2.21% (-30 day USD SOFR Average + 6.086%)<sup>(4)</sup> | 07/25/38 | 56245 | 4119 |
|  Federal National Mortgage Association REMICS Series 2010-116, Class SE (I/O) (I/F)<br>2.61% (-30 day USD SOFR Average + 6.486%)<sup>(4)</sup> | 10/25/40 | 17744 | 1548 |
|  Federal National Mortgage Association REMICS Series 2013-5, Class GF<br>5.00% (30 day USD SOFR Average + 1.214%)<sup>(4)</sup> | 10/25/42 | 103379 | 103066 |
|  Federal National Mortgage Association REMICS Series 2014-49, Class CF<br>5.14% (30 day USD SOFR Average + 1.114%)<sup>(4)</sup> | 07/25/43 | 4570881 | 4626884 |
|  Federal National Mortgage Association REMICS Series 2024-98, Class SC (I/O) (I/F)<br>2.08% (-30 day USD SOFR Average + 5.950%)<sup>(4)</sup> | 12/25/54 | 10969133 | 1020621 |
|  Federal National Mortgage Association REMICS Series 2024-98, Class SE (I/O) (I/F)<br>2.11% (-30 day USD SOFR Average + 5.980%)<sup>(4)</sup> | 12/25/54 | 7776057 | 714513 |
|  Federal National Mortgage Association REMICS Series 2025-49, Class SC (I/O)<br>1.33% (-30 day USD SOFR Average + 5.200%)<sup>(4)</sup> | 06/25/55 | 13943253 | 713084 |
|  Government National Mortgage Association, Pool #MA8346<br>4.00% | 10/20/52 | 7185386 | 6855253 |
|  Government National Mortgage Association, Pool #MA8427<br>4.50% | 11/20/52 | 11673175 | 11465194 |
|  Government National Mortgage Association, Pool #MA9963<br>4.50% | 10/20/54 | 10770351 | 10508377 |
|  Government National Mortgage Association, Pool #MA8948<br>5.50% | 06/20/53 | 10490553 | 10666000 |
|  Government National Mortgage Association, Pool #MA9488<br>5.50% | 02/20/54 | 16800723 | 17067183 |
|  Government National Mortgage Association REMICS Series 2011-146, Class EI (I/O) (PAC)<br>5.00% | 11/16/41 | 41509 | 7883 |
|  Government National Mortgage Association REMICS Series 2011-70, Class IL (I/O) (I/F)<br>0.60% (-1 mo. USD Term SOFR + 6.986%)<sup>(4)</sup> | 06/16/37 | 260601 | 4560 |
|  Government National Mortgage Association REMICS Series 2011-81, Class IC (I/O) (I/F)<br>0.62% (-1 mo. USD Term SOFR + 6.606%)<sup>(4)</sup> | 07/20/35 | 278384 | 4368 |
|  Government National Mortgage Association REMICS Series 2013-135, Class CS (I/O) (I/F)<br>2.35% (-1 mo. USD Term SOFR + 6.086%)<sup>(4)</sup> | 09/16/43 | 1060105 | 104763 |
|  Government National Mortgage Association REMICS Series 2017-136 (I/O)<br>5.00% | 09/20/47 | 195407 | 42642 |
|  Government National Mortgage Association REMICS Series 2024-151, Class ES (I/O) (I/F)<br>1.48% (-30 day USD SOFR Average + 5.400%)<sup>(4)</sup> | 09/20/54 | 16034911 | 966905 |
|  Government National Mortgage Association REMICS Series 2024-154, Class SB (I/O) (I/F)<br>1.48% (-30 day USD SOFR Average + 5.400%)<sup>(4)</sup> | 09/20/54 | 18904626 | 1094688 |
|  Government National Mortgage Association REMICS Series 2024-160, Class KS (I/O) (I/F)<br>1.56% (-30 day USD SOFR Average + 5.480%)<sup>(4)</sup> | 10/20/54 | 20638245 | 1202316 |
|  Government National Mortgage Association REMICS Series 2024-30, Class AF<br>5.17% (30 day USD SOFR Average + 1.250%)<sup>(4)</sup> | 02/20/54 | 799436 | 804096 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS December 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **AGENCY (Continued)** |
|  Government National Mortgage Association, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(9)</sup> | 01/20/55 | $19000000 | $17292213 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(9)</sup> | 05/01/55 | 15900000 | 15010307 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(9)</sup> | 07/01/55 | 15425000 | 15028184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(9)</sup> | 07/01/55 | 32600000 | 32515517 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(9)</sup> | 05/01/55 | 13575000 | 13707085 |
|  Uniform Mortgage-Backed Security, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(9)</sup> | 01/01/52 | 6975000 | 6428812 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(9)</sup> | 01/01/52 | 2500000 | 2311676 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(9)</sup> | 05/01/55 | 20250000 | 19212663 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(9)</sup> | 07/01/55 | 14050000 | 13716369 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(9)</sup> | 07/01/55 | 27475000 | 27408442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Agency** (Cost: $570,083,221) |  |  | 575630192 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **11.6%** |  |  |  |
|  245 Park Avenue Trust Series 2017-245P, Class E<br>3.66%<sup>(1),(2)</sup> | 06/05/37 | 7400000 | 7090140 |
|  280 Park Avenue Mortgage Trust Series 2017-280P, Class D<br>5.61% (1 mo. USD Term SOFR + 1.836%)<sup>(1),(4)</sup> | 09/15/34 | 5537500 | 5487598 |
|  280 Park Avenue Mortgage Trust Series 2017-280P, Class E<br>6.20% (1 mo. USD Term SOFR + 2.419%)<sup>(1),(4)</sup> | 09/15/34 | 5889000 | 5822705 |
|  ACRE Multifamily Housing Mortgage Loan Trust Series 2022-Q018, Class B<br>7.97% (30 day USD SOFR Average + 4.000%)<sup>(1),(4)</sup> | 06/25/27 | 2524703 | 2521685 |
|  AMSR Trust Series 2021-SFR3, Class G<br>3.80%<sup>(1)</sup> | 10/17/38 | 5000000 | 4926872 |
|  AMSR Trust Series 2022-SFR1, Class F<br>6.02%<sup>(1)</sup> | 03/17/39 | 4500000 | 4486444 |
|  AMSR Trust Series 2022-SFR3, Class E1<br>4.00%<sup>(1)</sup> | 10/17/39 | 10000000 | 9765113 |
|  BAMLL Commercial Mortgage Securities Trust Series 2018-PARK, Class A<br>4.09%<sup>(1),(2)</sup> | 08/10/38 | 7845000 | 7696129 |
|  BAMLL Commercial Mortgage Securities Trust Series 2020-BOC, Class X (I/O)<br>0.47%<sup>(1),(2)</sup> | 01/15/32 | 98610000 | 285792 |
|  BBCMS Trust Series 2015-SRCH, Class D<br>4.96%<sup>(1),(2)</sup> | 08/10/35 | 1540000 | 1465870 |
|  BGME Trust Series 2021-VR, Class B<br>2.99%<sup>(1),(2)</sup> | 01/10/43 | 3300000 | 2788483 |
|  BGME Trust Series 2021-VR, Class D<br>2.99%<sup>(1),(2)</sup> | 01/10/43 | 3300000 | 2430069 |
|  BX Commercial Mortgage Trust Series 2020-VIVA, Class D<br>3.55%<sup>(1),(2)</sup> | 03/11/44 | 5000000 | 4669216 |
|  BX Commercial Mortgage Trust Series 2025-BCAT, Class E<br>7.25% (1 mo. USD Term SOFR + 3.500%)<sup>(1),(4)</sup> | 08/15/42 | 2874855 | 2878688 |
|  BX Trust Series 2019-OC11, Class E<br>3.94%<sup>(1),(2)</sup> | 12/09/41 | 7410000 | 6850235 |
|  BX Trust Series 2021-LBA, Class EJV<br>5.87% (1 mo. USD Term SOFR + 2.114%)<sup>(1),(4)</sup> | 02/15/36 | 1500000 | 1500919 |
|  BX Trust Series 2023-LIFE, Class C<br>5.88%<sup>(1)</sup> | 02/15/28 | 4362000 | 4224529 |
|  BX Trust Series 2024-PAT, Class A<br>5.84% (1 mo. USD Term SOFR + 2.090%)<sup>(1),(4)</sup> | 03/15/41 | 5236000 | 5243957 |
|  BX Trust Series 2025-VLT6, Class E<br>6.94% (1 mo. USD Term SOFR + 3.191%)<sup>(1),(4)</sup> | 03/15/42 | 5405000 | 5398846 |
|  BX Trust Series 2025-VLT7, Class D<br>7.00% (1 mo. USD Term SOFR + 3.250%)<sup>(1),(4)</sup> | 07/15/44 | 4000000 | 4024349 |
|  BXHPP Trust Series 2021-FILM, Class<br>E 5.86% (1 mo. USD Term SOFR + 2.114%)<sup>(1),(4)</sup> | 08/15/36 | 5367000 | 4862168 |
|  Caister Finance DAC Series 1A, Class D<br>7.76% (1 day GBP SONIA + 3.900%)<sup>(1),(4)</sup> | 08/17/35 | 1442000 | 1954746 |
|  Caister Finance DAC Series 1A, Class E<br>9.61% (1 day GBP SONIA + 5.750%)<sup>(1),(4)</sup> | 08/17/35 | 1100000 | 1479624 |
|  CD Mortgage Trust Series 2016-CD1, Class XA (I/O)<br>1.32%<sup>(2)</sup> | 08/10/49 | 56235329 | 88931 |
|  CHI Commercial Mortgage Trust Series 2025-SFT, Class D<br>7.32%<sup>(1),(2)</sup> | 04/15/42 | 7232000 | 7498508 |
|  COMM Mortgage Trust Series 2012-CR4, Class XA (I/O)<br>1.14%<sup>(2)</sup> | 10/15/45 | 8525699 | 164638 |
|  CoreVest American Finance Ltd. Series 2021-3, Class XA (I/O)<br>2.38%<sup>(1),(2)</sup> | 10/15/54 | 48338368 | 726332 |
|  CoreVest American Finance Trust Series 2019-3, Class XA (I/O)<br>1.99%<sup>(1),(2)</sup> | 10/15/52 | 544032 | 172 |
|  CoreVest American Finance Trust Series 2020-1, Class A2<br>2.30%<sup>(1)</sup> | 03/15/50 | 2099489 | 2022074 |
|  CoreVest American Finance Trust Series 2020-4, Class XB (I/O)<br>2.43%<sup>(1),(2)</sup> | 12/15/52 | 9480224 | 419145 |
|  CRSNT Trust Series 2021-MOON, Class C<br>5.42% (1 mo. USD Term SOFR + 1.664%)<sup>(1),(4)</sup> | 04/15/36 | 3000000 | 2961118 |
|  CSAIL Commercial Mortgage Trust Series 2019-C16, Class XA (I/O)<br>1.53%<sup>(2)</sup> | 06/15/52 | 86720635 | 3649248 |
|  CSMC Trust Series 2021-BPNY, Class A<br>7.58% (1 mo. USD Term SOFR + 3.829%)<sup>(1),(4)</sup> | 08/15/26 | 8228302 | 7989007 |
|  DOLP Trust Series 2021-NYC, Class D<br>3.70%<sup>(1),(2)</sup> | 05/10/41 | 4740000 | 4078400 |
|  DROP Mortgage Trust Series 2021-FILE, Class D<br>6.61% (1 mo. USD Term SOFR + 2.864%)<sup>(1),(4)</sup> | 10/15/43 | 3145000 | 2668312 |
|  FRTKL Group, Inc. Series 2021-SFR1, Class G<br>4.11%<sup>(1)</sup> | 09/17/38 | 9435000 | 9226037 |
|  Grace Trust Series 2020-GRCE, Class D<br>2.68%<sup>(1),(2)</sup> | 12/10/40 | 2950000 | 2599630 |
|  GS Mortgage Securities Corp. Trust Series 2023-FUN, Class B<br>6.54% (1 mo. USD Term SOFR + 2.790%)<sup>(1),(4)</sup> | 03/15/28 | 5160000 | 5195162 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS December 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |
|  GSCG Trust Series 2019-600C, Class G<br>3.99%<sup>(1),(2)</sup> | 09/06/34 | $9212000 | $91475 |
|  Hilton USA Trust Series 2016-HHV, Class F<br>4.19%<sup>(1),(2)</sup> | 11/05/38 | 7840000 | 7690818 |
|  Hudson Yards Mortgage Trust Series 2019-55HY, Class F<br>2.94%<sup>(1),(2)</sup> | 12/10/41 | 6891000 | 5948663 |
|  Hudson Yards Mortgage Trust Series 2025-SPRL, Class E<br>6.68%<sup>(1),(2)</sup> | 01/13/40 | 4000000 | 4157235 |
|  Hudson Yards Mortgage Trust Series 2025-SPRL, Class F<br>7.40%<sup>(1),(2)</sup> | 01/13/40 | 3358000 | 3420780 |
|  ILPT Commercial Mortgage Trust Series 2022-LPFX, Class A<br>3.38%<sup>(1)</sup> | 03/15/32 | 11000000 | 10056983 |
|  ILPT Commercial Mortgage Trust Series 2025-LPF2, Class E<br>8.20%<sup>(1),(2)</sup> | 07/13/42 | 4970000 | 5178564 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2022-NLP, Class H<br>9.01% (1 mo. USD Term SOFR + 5.260%)<sup>(1),(4)</sup> | 04/15/37 | 5119048 | 4646686 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2025-BMS, Class D<br>6.90% (1 mo. USD Term SOFR + 3.150%)<sup>(1),(4)</sup> | 01/15/42 | 3129000 | 3111065 |
|  KRE Commercial Mortgage Trust Series 2025-AIP4, Class E<br>6.75% (1 mo. USD Term SOFR + 3.000%)<sup>(1),(4)</sup> | 03/15/42 | 4126000 | 4131958 |
|  Life Mortgage Trust Series 2021-BMR, Class G<br>6.81% (1 mo. USD Term SOFR + 3.064%)<sup>(1),(4)</sup> | 03/15/38 | 2800000 | 2721976 |
|  MKT Mortgage Trust Series 2020-525M, Class C<br>2.94%<sup>(1),(2)</sup> | 02/12/40 | 4970000 | 4252095 |
|  MKT Mortgage Trust Series 2020-525M, Class D<br>2.94%<sup>(1),(2)</sup> | 02/12/40 | 3782000 | 3183244 |
|  MKT Mortgage Trust Series 2020-525M, Class XA (I/O)<br>0.21%<sup>(1),(2)</sup> | 02/12/40 | 147585000 | 1161907 |
|  Morgan Stanley Bank of America Merrill Lynch Trust Series 2015-C22, Class XA (I/O)<br>0.52%<sup>(2)</sup> | 04/15/48 | 10549966 | 106 |
|  Natixis Commercial Mortgage Securities Trust Series 2018-ALXA, Class E<br>4.32%<sup>(1),(2)</sup> | 01/15/43 | 1050000 | 912726 |
|  NYC Commercial Mortgage Trust Series 2021-909, Class E<br>3.21%<sup>(1),(2)</sup> | 04/10/43 | 3000000 | 2144234 |
|  One New York Plaza Trust Series 2020-1NYP, Class AJ<br>5.12% (1 mo. USD Term SOFR + 1.364%)<sup>(1),(4)</sup> | 01/15/36 | 2630000 | 2529829 |
|  PGA Trust Series 2024-RSR2, Class A<br>5.64% (1 mo. USD Term SOFR + 1.891%)<sup>(1),(4)</sup> | 06/15/39 | 8873000 | 8888847 |
|  Progress Residential Trust Series 2021-SFR10, Class G<br>4.86%<sup>(1)</sup> | 12/17/40 | 3329724 | 3248993 |
|  Progress Residential Trust Series 2021-SFR11, Class G<br>4.69%<sup>(1)</sup> | 01/17/39 | 3000000 | 2918659 |
|  Progress Residential Trust Series 2021-SFR3, Class F<br>3.44%<sup>(1)</sup> | 05/17/26 | 3700000 | 3675708 |
|  Progress Residential Trust Series 2021-SFR3, Class G<br>4.25%<sup>(1)</sup> | 05/17/26 | 15752000 | 15681940 |
|  Progress Residential Trust Series 2021-SFR8, Class G<br>4.01%<sup>(1)</sup> | 10/17/38 | 4886000 | 4819899 |
|  Progress Residential Trust Series 2022-SFR1, Class G<br>5.52%<sup>(1)</sup> | 02/17/41 | 5517817 | 5453554 |
|  RIDE Series 2025-SHRE, Class D<br>6.75%<sup>(1),(2)</sup> | 02/14/47 | 2755000 | 2822864 |
|  ROCK Trust Series 2024-CNTR, Class E<br>8.82%<sup>(1)</sup> | 11/13/41 | 2500000 | 2667109 |
|  Sequoia Logistics DAC Series 2025-1A, Class E<br>5.86% (3 mo. EUR EURIBOR + 3.800%)<sup>(1),(4)</sup> | 02/17/37 | 3500000 | 4114864 |
|  SFAVE Commercial Mortgage Securities Trust Series 2015-5AVE, Class A2B<br>4.14%<sup>(1),(2)</sup> | 01/05/43 | 1840000 | 1593049 |
|  SFAVE Commercial Mortgage Securities Trust Series 2015-5AVE, Class C<br>4.39%<sup>(1),(2)</sup> | 01/05/43 | 10000000 | 8036097 |
|  SFAVE Commercial Mortgage Securities Trust Series 2015-5AVE, Class D<br>4.39%<sup>(1),(2)</sup> | 01/05/43 | 13330000 | 10135312 |
|  SMRT Commercial Mortgage Trust Series 2022-MINI, Class F<br>7.10% (1 mo. USD Term SOFR + 3.350%)<sup>(1),(4)</sup> | 01/15/39 | 6570000 | 6479076 |
|  SWCH Commercial Mortgage Trust Series 2025-DATA, Class E<br>7.09% (1 mo. USD Term SOFR + 3.340%)<sup>(1),(4)</sup> | 02/15/42 | 7445000 | 7415594 |
|  TCO Commercial Mortgage Trust Series 2024-DPM, Class D<br>6.49% (1 mo. USD Term SOFR + 2.741%)<sup>(1),(4)</sup> | 12/15/39 | 5650000 | 5670146 |
|  U.K. Logistics DAC Series 2025-1A, Class E<br>9.36% (1 day GBP SONIA + 5.500%)<sup>(1),(4)</sup> | 05/17/35 | 951188 | 1282782 |
|  Wells Fargo Commercial Mortgage Trust Series 2016-C33, Class XA (I/O)<br>1.45%<sup>(2)</sup> | 03/15/59 | 31904781 | 319 |
|  WFRBS Commercial Mortgage Trust Series 2013-C14, Class XA (I/O)<br>0.33%<sup>(2)</sup> | 06/15/46 | 865400 | 9 |
|  WFRBS Commercial Mortgage Trust Series 2014-C23, Class XA (I/O)<br>0.07%<sup>(2)</sup> | 10/15/57 | 6337657 | 7058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Non-agency** (Cost: $336,865,123) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Non-agency** (Cost: $336,865,123) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Non-agency** (Cost: $336,865,123) | 307393114 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **0.8%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **0.8%** |  |  |
|  Federal Home Loan Mortgage Corp. Multifamily PC REMICS Trust Series 2019-P002, Class X (I/O)<br>1.01%<sup>(2)</sup> | 07/25/33 | 14520700 | 759820 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K051, Class X3 (I/O)<br>3.81%<sup>(2)</sup> | 10/25/43 | 741883 | 7 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K053, Class X3 (I/O)<br>1.75%<sup>(2)</sup> | 03/25/44 | 44485353 | 445 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K054, Class X1 (I/O)<br>1.22%<sup>(2)</sup> | 01/25/26 | 15545958 | 156 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K055, Class X3 (I/O)<br>1.65%<sup>(2)</sup> | 04/25/44 | 32000000 | 119955 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES** — **AGENCY** — **(Continued)** |  |  |  |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K056, Class X1 (I/O)<br>1.21%<sup>(2)</sup> | 05/25/26 | $43570074 | $85485 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K057, Class X1 (I/O)<br>1.17%<sup>(2)</sup> | 07/25/26 | 103774632 | 364363 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KC05, Class X1 (I/O)<br>1.20%<sup>(2)</sup> | 06/25/27 | 74436778 | 660738 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KC07, Class X1 (I/O)<br>0.73%<sup>(2)</sup> | 09/25/26 | 68265954 | 365175 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KIR1, Class X (I/O)<br>1.00%<sup>(2)</sup> | 03/25/26 | 104395241 | 1044 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KL05, Class X1HG (I/O)<br>1.22%<sup>(2)</sup> | 12/25/27 | 49531000 | 548143 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KS06, Class X (I/O)<br>1.00%<sup>(2)</sup> | 08/25/26 | 48423813 | 27064 |
|  Federal National Mortgage Association-ACES Series 2016-M11, Class X2 (ACES) (I/O)<br>2.99%<sup>(2)</sup> | 07/25/39 | 7848863 | 142195 |
|  Federal National Mortgage Association-ACES Series 2016-M2, Class X3 (I/O)<br>2.04%<sup>(2)</sup> | 04/25/36 | 4712382 | 47 |
|  Federal National Mortgage Association-ACES Series 2016-M4, Class X2 (I/O)<br>2.69%<sup>(2)</sup> | 01/25/39 | 15291851 | 539247 |
|  Federal National Mortgage Association-ACES Series 2019-M29, Class X4 (ACES) (I/O)<br>0.70%<sup>(2)</sup> | 03/25/29 | 117375779 | 2031035 |
|  FREMF Mortgage Trust Series 2017-KW03, Class C<br>0.00%<sup>(1),(3)</sup> | 08/25/27 | 6135000 | 5342775 |
|  FREMF Mortgage Trust Series 2019-KF71, Class B<br>6.42% (30 day USD SOFR Average + 2.414%)<sup>(1),(4)</sup> | 10/25/29 | 580906 | 546705 |
|  FREMF Mortgage Trust Series 2020-KF75, Class B<br>6.37% (30 day USD SOFR Average+ 2.364%)<sup>(1),(4)</sup> | 12/25/29 | 834203 | 780871 |
|  FREMF Mortgage Trust Series 2020-KF78, Class C<br>11.99% (30 day USD SOFR Average + 7.984%)<sup>(1),(4)</sup> | 03/25/30 | 3239401 | 3200181 |
|  FREMF Mortgage Trust Series 2020-KF88, Class C<br>13.12% (30 day USD SOFR Average + 9.114%)<sup>(1),(4)</sup> | 09/25/30 | 2833454 | 2685991 |
|  Government National Mortgage Association Series 2011-152 (I/O)<br>0.01%<sup>(2)</sup> | 08/16/51 | 2413370 | 70 |
|  Government National Mortgage Association Series 2012-112 (I/O)<br>0.11%<sup>(2)</sup> | 02/16/53 | 16693064 | 51134 |
|  Government National Mortgage Association Series 2012-78 (I/O)<br>0.05%<sup>(2)</sup> | 06/16/52 | 17047632 | 1316 |
|  Government National Mortgage Association Series 2014-103 (I/O)<br>0.19%<sup>(2)</sup> | 05/16/55 | 13259180 | 64835 |
|  Government National Mortgage Association Series 2014-125 (I/O)<br>0.87%<sup>(2)</sup> | 11/16/54 | 5949302 | 154896 |
|  Government National Mortgage Association Series 2023-127 (I/O)<br>0.40%<sup>(2)</sup> | 07/16/57 | 157846079 | 2731826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Agency** (Cost: $35,181,898) |  |  | 21205519 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY** — **27.3%** |  |  |  |
|  ABFC Trust Series 2007-WMC1, Class A1A<br>5.10% (1 mo. USD Term SOFR + 1.364%)<sup>(4)</sup> | 06/25/37 | 14201373 | 10190530 |
|  ABFC Trust Series 2007-WMC1, Class A2B<br>4.85% (1 mo. USD Term SOFR + 1.114%)<sup>(4)</sup> | 06/25/37 | 2585325 | 2216632 |
|  ACE Securities Corp. Home Equity Loan Trust Series 2006-HE3, Class A2C<br>4.15% (1 mo. USD Term SOFR + 0.414%)<sup>(4)</sup> | 06/25/36 | 3936390 | 2933349 |
|  ACE Securities Corp. Home Equity Loan Trust Series 2006-NC3, Class A2C<br>4.17% (1 mo. USD Term SOFR + 0.434%)<sup>(4)</sup> | 12/25/36 | 49882411 | 12619262 |
|  ACE Securities Corp. Home Equity Loan Trust Series 2007-ASP1, Class A1<br>4.17% (1 mo. USD Term SOFR + 0.434%)<sup>(4)</sup> | 03/25/37 | 26146937 | 11249699 |
|  ACE Securities Corp. Home Equity Loan Trust Series 2007-ASP1, Class A2D<br>4.61% (1 mo. USD Term SOFR + 0.874%)<sup>(4)</sup> | 03/25/37 | 2047040 | 840404 |
|  Adjustable Rate Mortgage Trust Series 2005-4, Class 5A1<br>4.42%<sup>(2)</sup> | 08/25/35 | 1032006 | 827786 |
|  Adjustable Rate Mortgage Trust Series 2007-1, Class 1A1<br>5.20%<sup>(2)</sup> | 03/25/37 | 954312 | 762890 |
|  American Home Mortgage Investment Trust Series 2006-1, Class 11A<br>4.13% (1 mo. USD Term SOFR + 0.394%)<sup>(4)</sup> | 03/25/46 | 6539591 | 5954618 |
|  American Home Mortgage Investment Trust Series 2006-1, Class 12A<br>4.25% (1 mo. USD Term SOFR + 0.514%)<sup>(4)</sup> | 03/25/46 | 2027273 | 1840437 |
|  Argent Securities Trust Series 2006-W3, Class A2C 4.21% (1 mo. USD Term SOFR +<br>0.474%)<sup>(4)</sup> | 04/25/36 | 36005013 | 10561742 |
|  Asset-Backed Securities Corp. Home Equity Loan Trust Series 2004-HE9, Class M1<br>4.82% (1 mo. USD Term SOFR + 1.089%)<sup>(4)</sup> | 12/25/34 | 840040 | 793903 |
|  Asset-Backed Securities Corp. Home Equity Loan Trust Series 2006-HE5, Class A5<br>2.78% (1 mo. USD Term SOFR + 0.594%)<sup>(4)</sup> | 07/25/36 | 1695919 | 1685144 |
|  Banc of America Alternative Loan Trust Series 2003-8, Class 1CB<br>5.50% | 10/25/33 | 254446 | 257398 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |  |
|  Banc of America Funding Corp. Series 2015-R3, Class 6A2<br>4.41%<sup>(1),(2)</sup> | 05/27/36 | $6388685 | $6226063 |
|  Banc of America Funding Trust Series 2006-D, Class 3A1<br>4.90%<sup>(2)</sup> | 05/20/36 | 474546 | 424999 |
|  Banc of America Mortgage Trust Series 2005-K, Class 2A1<br>5.06%<sup>(2)</sup> | 12/25/35 | 436158 | 400797 |
|  BCAP LLC Trust Series 2007-AA1, Class 2A1<br>4.21% (1 mo. USD Term SOFR + 0.474%)<sup>(4)</sup> | 03/25/37 | 1967859 | 1808927 |
|  Bear Stearns ALT-A Trust Series 2005-2, Class 2A4<br>3.80%<sup>(2)</sup> | 04/25/35 | 452447 | 411275 |
|  Bear Stearns ALT-A Trust Series 2005-8, Class 11A1<br>4.39% (1 mo. USD Term SOFR + 0.654%)<sup>(4)</sup> | 10/25/35 | 3719560 | 3444639 |
|  Bear Stearns ARM Trust Series 2005-9, Class A1<br>6.42% (1 yr. CMT + 2.300%)<sup>(4)</sup> | 10/25/35 | 617807 | 598827 |
|  Bear Stearns Asset-Backed Securities I Trust Series 2005-AC6, Class 1A3<br>5.50%<sup>(2)</sup> | 09/25/35 | 204550 | 195973 |
|  Bear Stearns Asset-Backed Securities I Trust Series 2006-AC2, Class 21A (PAC)<br>6.00% | 03/25/36 | 6530 | 6522 |
|  Bear Stearns Mortgage Funding Trust Series 2007-AR4, Class 1A1<br>4.25% (1 mo. USD Term SOFR + 0.514%)<sup>(4)</sup> | 09/25/47 | 3670393 | 3417319 |
|  Bear Stearns Mortgage Funding Trust Series 2007-AR4, Class 2A1<br>4.06% (1 mo. USD Term SOFR + 0.324%)<sup>(4)</sup> | 06/25/37 | 2867151 | 2730606 |
|  C-BASS Mortgage Loan Trust Series 2007-CB2, Class A2B<br>3.48% | 02/25/37 | 3499757 | 2022687 |
|  C-BASS Mortgage Loan Trust Series 2007-CB2, Class A2C<br>3.48% | 02/25/37 | 837638 | 484113 |
|  C-BASS Mortgage Loan Trust Series 2007-CB3, Class A3<br>3.27% | 03/25/37 | 4927247 | 1799114 |
|  C-BASS Trust Series 2006-CB9, Class A2 4.07% (1 mo. USD Term SOFR +<br>0.334%)<sup>(4)</sup> | 11/25/36 | 6471896 | 2960656 |
|  C-BASS Trust Series 2007-CB1, Class AF2<br>3.09% | 01/25/37 | 2304502 | 635987 |
|  C-BASS Trust Series 2007-CB5, Class A1<br>3.13% (1 mo. USD Term SOFR + 0.234%)<sup>(4)</sup> | 04/25/37 | 1113067 | 668115 |
|  Carrington Mortgage Loan Trust Series 2006-NC4, Class A4<br>4.09% (1 mo. USD Term SOFR + 0.354%)<sup>(4)</sup> | 10/25/36 | 14364300 | 12690776 |
|  Cascade MH Asset Trust Series 2022-MH1, Class A<br>4.25%<sup>(1)</sup> | 08/25/54 | 5675147 | 5562100 |
|  CFMT LLC Series 2024-NR1, Class A1<br>6.41%<sup>(1)</sup> | 11/25/29 | 8326284 | 8337428 |
|  Chase Mortgage Finance Trust Series 2007-A1, Class 8A1<br>6.07%<sup>(2)</sup> | 02/25/37 | 277436 | 272629 |
|  CHL Mortgage Pass-Through Trust Series 2005-3, Class 1A2<br>4.43% (1 mo. USD Term SOFR + 0.694%)<sup>(4)</sup> | 04/25/35 | 1832752 | 1770870 |
|  CIM Trust Series 2019-R3, Class A<br>2.63%<sup>(1),(2)</sup> | 06/25/58 | 3955319 | 3746934 |
|  CIM Trust Series 2020-R1, Class A1<br>2.85%<sup>(1),(2)</sup> | 10/27/59 | 7606160 | 7059456 |
|  CIM Trust Series 2020-R3, Class A1A<br>4.00%<sup>(1),(2)</sup> | 01/26/60 | 4096030 | 3981387 |
|  CIM Trust Series 2020-R6, Class A1A<br>2.25%<sup>(1),(2)</sup> | 12/25/60 | 3520109 | 3261512 |
|  CIM Trust Series 2020-R7, Class A1A<br>2.25%<sup>(1),(2)</sup> | 12/27/61 | 5423992 | 5067565 |
|  CIM Trust Series 2021-R3, Class A1B<br>1.95%<sup>(1),(2)</sup> | 06/25/57 | 18287000 | 15559317 |
|  CIM Trust Series 2021-R4, Class A1A<br>2.00%<sup>(1),(2)</sup> | 05/01/61 | 6901638 | 6529209 |
|  CIM Trust Series 2021-R4, Class A1B<br>2.00%<sup>(1),(2)</sup> | 05/01/61 | 10243493 | 8616378 |
|  CIM Trust Series 2021-R5, Class A1A<br>2.00%<sup>(1),(2)</sup> | 08/25/61 | 6693510 | 5987270 |
|  CIM Trust Series 2023-R1, Class A1A<br>5.40%<sup>(1),(2)</sup> | 04/25/62 | 9655843 | 9626085 |
|  CIM Trust Series 2023-R3, Class A1B<br>4.50%<sup>(1),(2)</sup> | 01/25/63 | 11444000 | 9148386 |
|  CIM Trust Series 2025-R1, Class A1<br>5.00%<sup>(1)</sup> | 02/25/99 | 7573454 | 7555031 |
|  Citadel PLC Series 2024-1, Class X<br>7.73% (1 day GBP SONIA + 4.000%)<sup>(4),(8)</sup> | 04/28/60 | 98675 | 132835 |
|  Citigroup Mortgage Loan Trust Series 2005-9, Class 1A1<br>4.11% (1 mo. USD Term SOFR + 0.374%)<sup>(4)</sup> | 11/25/35 | 31984 | 28324 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2006-HE3, Class A2C<br>4.17% (1 mo. USD Term SOFR + 0.434%)<sup>(4)</sup> | 12/25/36 | 5658881 | 3962368 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2006-HE3, Class A2D<br>4.31% (1 mo. USD Term SOFR + 0.574%)<sup>(4)</sup> | 12/25/36 | 6047659 | 4233784 |
|  Countrywide Alternative Loan Trust Series 2005-74T1, Class A1<br>6.00% | 01/25/36 | 4735704 | 2662369 |
|  Countrywide Alternative Loan Trust Series 2005-76, Class 1A1<br>5.51% (1 yr. MTA + 1.480%)<sup>(4)</sup> | 01/25/36 | 1776197 | 1714262 |
|  Countrywide Alternative Loan Trust Series 2006-HY12, Class A5<br>4.13%<sup>(2)</sup> | 08/25/36 | 1493452 | 1399219 |
|  Credit Suisse First Boston Mortgage Securities Corp. Series 2003-AR26, Class 3A1<br>6.48%<sup>(2)</sup> | 11/25/33 | 154024 | 150694 |
|  Credit Suisse First Boston Mortgage Securities Corp. Series 98-1, Class A4<br>6.49% | 09/25/28 | 5084 | 5078 |
|  Credit-Based Asset Servicing & Securitization LLC Series 2006-CB2, Class AF3<br>2.92% | 12/25/36 | 565396 | 463228 |
|  CSFB Mortgage-Backed Pass-Through Certificates Series 2004-AR5, Class 9A1<br>3.87%<sup>(2)</sup> | 06/25/34 | 22079 | 21119 |
|  CSMC Mortgage-Backed Trust Series 2006-1, Class 1A4<br>5.50% | 02/25/36 | 2136508 | 1904890 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |  |
|  CSMC Mortgage-Backed Trust Series 2006-8, Class 3A1<br>6.00% | 10/25/21 | $20037 | $3793 |
|  CSMC Trust Series 2021-RPL7, Class A1<br>4.21%<sup>(1),(2)</sup> | 07/27/61 | 5668708 | 5649609 |
|  CSMC Trust Series 2022-RPL1, Class PT<br>4.57%<sup>(1),(2)</sup> | 04/25/61 | 9392448 | 8525065 |
|  CSMCM Trust Series 2018-SP3, Class PT<br>4.37%<sup>(1),(2)</sup> | 06/25/48 | 10037681 | 8644285 |
|  CSMCM Trust Series 2022-RPL1, Class CERT<br>4.23%<sup>(1)</sup> | 04/25/61 | 396964 | 336412 |
|  DSLA Mortgage Loan Trust Series 2004-AR4, Class 2A1<br>4.57% (1 mo. USD Term SOFR + 0.834%)<sup>(4)</sup> | 01/19/45 | 341457 | 260792 |
|  DSLA Mortgage Loan Trust Series 2005-AR6, Class 2A1A<br>4.43% (1 mo. USD Term SOFR + 0.694%)<sup>(4)</sup> | 10/19/45 | 2801800 | 2621934 |
|  DSLA Mortgage Loan Trust Series 2006-AR2, Class 2A1A<br>4.05% (1 mo. USD Term SOFR + 0.314%)<sup>(4)</sup> | 10/19/36 | 4606561 | 3131354 |
|  DSLA Mortgage Loan Trust Series 2007-AR1, Class 2A1A<br>3.99% (1 mo. USD Term SOFR + 0.254%)<sup>(4)</sup> | 03/19/37 | 980509 | 830766 |
|  EFMT Series 2025-INV2, Class B1<br>7.48%<sup>(1),(2)</sup> | 05/26/70 | 6876000 | 7003200 |
|  Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2021-DNA6, Class B2<br>11.37% (30 day USD SOFR Average + 7.500%)<sup>(1),(4)</sup> | 10/25/41 | 5185000 | 5415865 |
|  Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2021-DNA7, Class B2<br>11.67% (30 day USD SOFR Average + 7.800%)<sup>(1),(4)</sup> | 11/25/41 | 5675000 | 5967894 |
|  Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2021-HQA3, Class B2<br>10.12% (30 day USD SOFR Average + 6.250%)<sup>(1),(4)</sup> | 09/25/41 | 5410000 | 5575234 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2019-HRP1, Class B1<br>13.24% (30 day USD SOFR Average + 9.364%)<sup>(1),(4)</sup> | 11/25/39 | 3871006 | 4097860 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2021-R01, Class 1B2<br>9.87% (30 day USD SOFR Average + 6.000%)<sup>(1),(4)</sup> | 10/25/41 | 8995000 | 9291881 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2021-R03, Class 1B2<br>9.37% (30 day USD SOFR Average + 5.500%)<sup>(1),(4)</sup> | 12/25/41 | 5115000 | 5291826 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2022-R01, Class 1B2<br>9.87% (30 day USD SOFR Average + 6.000%)<sup>(1),(4)</sup> | 12/25/41 | 7125000 | 7388435 |
|  First Franklin Mortgage Loan Trust Series 2006-FF13, Class A2C<br>4.17% (1 mo. USD Term SOFR + 0.434%)<sup>(4)</sup> | 10/25/36 | 12391191 | 8218394 |
|  First Franklin Mortgage Loan Trust Series 2006-FF18, Class A2D<br>4.27% (1 mo. USD Term SOFR + 0.534%)<sup>(4)</sup> | 12/25/37 | 581353 | 540865 |
|  First Franklin Mortgage Loan Trust Series 2006-FF5, Class M1<br>4.25% (1 mo. USD Term SOFR + 0.519%)<sup>(4)</sup> | 04/25/36 | 3860000 | 3149906 |
|  First Franklin Mortgage Loan Trust Series 2006-FF9, Class 2A4<br>4.35% (1 mo. USD Term SOFR + 0.614%)<sup>(4)</sup> | 06/25/36 | 10218000 | 9615737 |
|  First Franklin Mortgage Loan Trust Series 2007-FF1, Class A2D<br>4.29% (1 mo. USD Term SOFR + 0.554%)<sup>(4)</sup> | 01/25/38 | 3455296 | 1910005 |
|  First Franklin Mortgage Loan Trust Series 2007-FF2, Class A2B<br>4.05% (1 mo. USD Term SOFR + 0.314%)<sup>(4)</sup> | 03/25/37 | 480283 | 229788 |
|  First Horizon Alternative Mortgage Securities Trust Series 2004-AA3, Class A1<br>5.04%<sup>(2)</sup> | 09/25/34 | 62358 | 63427 |
|  First Horizon Alternative Mortgage Securities Trust Series 2004-AA3, Class A3<br>5.04%<sup>(2)</sup> | 09/25/34 | 95887 | 97531 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA10, Class 1A1<br>5.07%<sup>(2)</sup> | 12/25/35 | 540840 | 442621 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA12, Class 2A1<br>4.84%<sup>(2)</sup> | 02/25/36 | 699498 | 418463 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA3, Class 3A1<br>5.68%<sup>(2)</sup> | 05/25/35 | 559745 | 527662 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA7, Class 2A1<br>5.19%<sup>(2)</sup> | 09/25/35 | 799261 | 707399 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA8, Class 2A1<br>5.09%<sup>(2)</sup> | 10/25/35 | 1240127 | 676607 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA9, Class 2A1<br>5.29%<sup>(2)</sup> | 11/25/35 | 663342 | 573261 |
|  First Horizon Mortgage Pass-Through Trust Series 2005-AR4, Class 1A1<br>3.80%<sup>(2)</sup> | 09/25/35 | 1142989 | 736374 |
|  First Horizon Mortgage Pass-Through Trust Series 2005-AR5, Class 2A1<br>5.70%<sup>(2)</sup> | 11/25/35 | 457780 | 351688 |
|  First Horizon Mortgage Pass-Through Trust Series 2007-AR2, Class 1A2<br>6.56%<sup>(2)</sup> | 08/25/37 | 45681 | 9618 |
|  GCAT Trust Series 2025-NQM2, Class B1<br>7.20%<sup>(1),(2)</sup> | 04/25/70 | 4030000 | 4086530 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |  |
|  GMACM Mortgage Loan Trust Series 2005-AR5, Class 3A1<br>4.64%<sup>(2)</sup> | 09/19/35 | $778031 | $615727 |
|  GMACM Mortgage Loan Trust Series 2006-AR1, Class 1A1<br>3.76%<sup>(2)</sup> | 04/19/36 | 2250034 | 1868764 |
|  GreenPoint Manufactured Housing Series 2000-1, Class A4<br>8.14%<sup>(2)</sup> | 03/20/30 | 3293118 | 1791658 |
|  GreenPoint Mortgage Funding Trust Series 2007-AR1, Class 2A1<br>4.25% (1 mo. USD Term SOFR + 0.514%)<sup>(4)</sup> | 03/25/47 | 6921164 | 6599395 |
|  GSAMP Trust Series 2007-FM2, Class A1<br>3.99% (1 mo. USD Term SOFR + 0.254%)<sup>(4)</sup> | 01/25/37 | 15432209 | 9662004 |
|  GSR Mortgage Loan Trust Series 2005-7F, Class 3A3 (I/O) (I/F)<br>1.65% (-1 mo. USD Term SOFR + 5.386%)<sup>(4)</sup> | 09/25/35 | 7933 | 466 |
|  GSR Mortgage Loan Trust Series 2005-AR4, Class 5A1<br>5.60%<sup>(2)</sup> | 07/25/35 | 238096 | 229889 |
|  GSR Mortgage Loan Trust Series 2006-AR2, Class 2A1<br>4.15%<sup>(2)</sup> | 04/25/36 | 132472 | 78351 |
|  HarborView Mortgage Loan Trust Series 2005-10, Class 2A1<br>4.47% (1 mo. USD Term SOFR + 0.734%)<sup>(4)</sup> | 11/19/35 | 729923 | 469494 |
|  HarborView Mortgage Loan Trust Series 2006-7, Class 1A<br>4.27% (1 mo. USD Term SOFR + 0.534%)<sup>(4)</sup> | 09/19/46 | 7173246 | 6274054 |
|  HarborView Mortgage Loan Trust Series 2007-6, Class 1A1<br>4.05% (1 mo. USD Term SOFR + 0.314%)<sup>(4)</sup> | 08/19/37 | 7871595 | 6846598 |
|  HSI Asset Securitization Corp. Trust Series 2006-HE1, Class 1A1<br>4.13% (1 mo. USD Term SOFR + 0.394%)<sup>(4)</sup> | 10/25/36 | 10143623 | 2712646 |
|  HSI Asset Securitization Corp. Trust Series 2006-HE2, Class 1A<br>4.11% (1 mo. USD Term SOFR + 0.374%)<sup>(4)</sup> | 12/25/36 | 24052313 | 8997766 |
|  HSI Asset Securitization Corp. Trust Series 2006-WMC1, Class A1<br>3.95% (1 mo. USD Term SOFR + 0.214%)<sup>(4)</sup> | 07/25/36 | 9349459 | 3973426 |
|  HSI Asset Securitization Corp. Trust Series 2006-WMC1, Class A2<br>4.05% (1 mo. USD Term SOFR + 0.314%)<sup>(4)</sup> | 07/25/36 | 10348050 | 4422974 |
|  HSI Asset Securitization Corp. Trust Series 2006-WMC1, Class A4<br>4.35% (1 mo. USD Term SOFR + 0.614%)<sup>(4)</sup> | 07/25/36 | 9048885 | 3917447 |
|  Impac CMB Trust Series 2005-2, Class 1A1<br>4.37% (1 mo. USD Term SOFR + 0.634%)<sup>(4)</sup> | 04/25/35 | 1116761 | 1110708 |
|  IndyMac INDX Mortgage Loan Trust Series 2005-AR14, Class 1A1<br>4.41% (1 mo. USD Term SOFR + 0.674%)<sup>(4)</sup> | 07/25/35 | 6995733 | 5128980 |
|  IndyMac INDX Mortgage Loan Trust Series 2005-AR19, Class A1<br>3.64%<sup>(2)</sup> | 10/25/35 | 1490897 | 1189467 |
|  IndyMac INDX Mortgage Loan Trust Series 2006-AR27, Class 1A3<br>4.39% (1 mo. USD Term SOFR + 0.654%)<sup>(4)</sup> | 10/25/36 | 4520098 | 1845935 |
|  IndyMac INDX Mortgage Loan Trust Series 2006-AR4, Class A2A<br>4.35% (1 mo. USD Term SOFR + 0.614%)<sup>(4)</sup> | 05/25/46 | 7951639 | 7881288 |
|  IndyMac INDX Mortgage Loan Trust Series 2006-AR9, Class 3A3<br>3.40%<sup>(2)</sup> | 06/25/36 | 2314212 | 2001311 |
|  IndyMac INDX Mortgage Loan Trust Series 2007-FLX4, Class 2A1<br>4.21% (1 mo. USD Term SOFR + 0.474%)<sup>(4)</sup> | 07/25/37 | 9693378 | 9110187 |
|  JPMorgan Mortgage Acquisition Corp. Series 2006-WMC4, Class A1A<br>4.11% (1 mo. USD Term SOFR + 0.374%)<sup>(4)</sup> | 12/25/36 | 6188754 | 3963952 |
|  JPMorgan Mortgage Acquisition Corp. Series 2006-WMC4, Class A4<br>4.15% (1 mo. USD Term SOFR + 0.414%)<sup>(4)</sup> | 12/25/36 | 8051066 | 4247219 |
|  JPMorgan Mortgage Trust Series 2006-A3, Class 2A1<br>5.13% <sup>(2)</sup> | 05/25/36 | 13420 | 11263 |
|  Knock Issuer Trust Series 2025-1, Class A1<br>7.12%<sup>(1),(7)</sup> | 02/25/30 | 2835000 | 2871372 |
|  Lehman XS Trust Series 2005-5N, Class 3A1<br>4.15% (1 mo. USD Term SOFR + 0.414%)<sup>(4)</sup> | 11/25/35 | 56740 | 56802 |
|  Lehman XS Trust Series 2006-17, Class 1A3<br>4.35% (1 mo. USD Term SOFR + 0.614%)<sup>(4)</sup> | 08/25/46 | 10029305 | 9202783 |
|  Lehman XS Trust Series 2006-GP2, Class 1A5<br>4.27% (1 mo. USD Term SOFR + 0.534%)<sup>(4)</sup> | 06/25/46 | 2548227 | 2497376 |
|  Lehman XS Trust Series 2007-18N, Class 1A1<br>5.55% (1 mo. USD Term SOFR + 1.814%)<sup>(4)</sup> | 10/25/37 | 2106229 | 2025871 |
|  Long Beach Mortgage Loan Trust Series 2006-2, Class 1A<br>4.21% (1 mo. USD Term SOFR + 0.474%)<sup>(4)</sup> | 03/25/46 | 4845334 | 4285886 |
|  Long Beach Mortgage Loan Trust Series 2006-9, Class 2A2<br>4.07% (1 mo. USD Term SOFR + 0.334%)<sup>(4)</sup> | 10/25/36 | 46061420 | 14329841 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |  |
|  MASTR Adjustable Rate Mortgages Trust Series 2003-7, Class 3A1<br>6.22%<sup>(2)</sup> | 11/25/33 | $61681 | $61396 |
|  MASTR Adjustable Rate Mortgages Trust Series 2004-15, Class 8A1<br>5.29%<sup>(2)</sup> | 10/25/34 | 23443 | 23455 |
|  MASTR Adjustable Rate Mortgages Trust Series 2004-3, Class 3A3<br>5.56%<sup>(2)</sup> | 04/25/34 | 17551 | 17140 |
|  MASTR Adjustable Rate Mortgages Trust Series 2006-OA2, Class 1A1<br>4.83% (1 yr. MTA + 0.800%)<sup>(4)</sup> | 12/25/46 | 13686631 | 10568894 |
|  MASTR Asset-Backed Securities Trust Series 2006-WMC1, Class A3<br>4.21% (1 mo. USD Term SOFR + 0.474%)<sup>(4)</sup> | 02/25/36 | 14888101 | 4946158 |
|  MASTR Asset-Backed Securities Trust Series 2007-HE1, Class A4<br>4.41% (1 mo. USD Term SOFR + 0.674%)<sup>(4)</sup> | 05/25/37 | 3150000 | 2732787 |
|  MASTR Asset-Backed Securities Trust Series 2007-WMC1, Class A2<br>3.95% (1 mo. USD Term SOFR + 0.214%)<sup>(4)</sup> | 01/25/37 | 15363429 | 4358377 |
|  Merrill Lynch Alternative Note Asset Trust Series 2007-OAR2, Class A2<br>4.27% (1 mo. USD Term SOFR + 0.534%)<sup>(4)</sup> | 04/25/37 | 5455727 | 4412151 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-1, Class A2C<br>4.35% (1 mo. USD Term SOFR + 0.614%)<sup>(4)</sup> | 04/25/37 | 15013326 | 5614751 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-4, Class 2A4<br>4.35% (1 mo. USD Term SOFR + 0.614%)<sup>(4)</sup> | 07/25/37 | 327361 | 334593 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-5, Class 1A<br>5.55% (1 mo. USD Term SOFR + 1.814%)<sup>(4)</sup> | 10/25/37 | 19672103 | 12131123 |
|  Merrill Lynch Mortgage Investors Trust Series 2003-A6, Class 2A<br>6.73%<sup>(2)</sup> | 10/25/33 | 50072 | 49334 |
|  Merrill Lynch Mortgage-Backed Securities Trust Series 2007-2, Class 1A1<br>6.01% (1 yr. CMT + 2.400%)<sup>(4)</sup> | 08/25/36 | 451884 | 391383 |
|  Morgan Stanley ABS Capital I, Inc. Trust Series 2006-HE4, Class A3<br>4.15% (1 mo. USD Term SOFR + 0.414%)<sup>(4)</sup> | 06/25/36 | 8048656 | 4031735 |
|  Morgan Stanley ABS Capital I, Inc. Trust Series 2006-HE4, Class A4<br>4.33% (1 mo. USD Term SOFR + 0.594%)<sup>(4)</sup> | 06/25/36 | 8586099 | 4324219 |
|  Morgan Stanley ABS Capital I, Inc. Trust Series 2007-NC3, Class A2C<br>4.04% (1 mo. USD Term SOFR + 0.304%)<sup>(4)</sup> | 05/25/37 | 17754465 | 13870828 |
|  Morgan Stanley Capital I, Inc. Trust Series 2006-NC2, Class A2D<br>4.43% (1 mo. USD Term SOFR + 0.694%)<sup>(4)</sup> | 02/25/36 | 177201 | 176882 |
|  Morgan Stanley Home Equity Loan Trust Series 2006-3, Class A4<br>4.37% (1 mo. USD Term SOFR + 0.634%)<sup>(4)</sup> | 04/25/36 | 10106275 | 7022984 |
|  Morgan Stanley Mortgage Loan Trust Series 2004-7AR, Class 2A4<br>5.09%<sup>(2)</sup> | 09/25/34 | 81843 | 80192 |
|  Morgan Stanley Mortgage Loan Trust Series 2006-2, Class 1A<br>5.25% | 02/25/49 | 32344 | 29475 |
|  MortgageIT Trust Series 2005-2, Class 2A<br>5.64% (1 mo. USD Term SOFR + 1.764%)<sup>(4)</sup> | 05/25/35 | 402883 | 394785 |
|  New York Mortgage Trust Series 2005-3, Class A1<br>4.33% (1 mo. USD Term SOFR + 0.594%)<sup>(4)</sup> | 02/25/36 | 55755 | 55725 |
|  NLT Trust Series 2021-INV2, Class A3<br>1.52% <sup>(1),(2)</sup> | 08/25/56 | 5525926 | 4904775 |
|  Nomura Asset Acceptance Corp. Alternative Loan Trust Series 2005-AR4, Class 4A1<br>4.30%<sup>(2)</sup> | 08/25/35 | 677120 | 636680 |
|  Oakwood Mortgage Investors, Inc. Series 2000-A, Class A5<br>8.16%<sup>(2)</sup> | 09/15/29 | 10211723 | 1167198 |
|  Option One Mortgage Loan Trust Series 2007-4, Class 2A2<br>4.03% (1 mo. USD Term SOFR + 0.294%)<sup>(4)</sup> | 04/25/37 | 11384644 | 6552925 |
|  Option One Mortgage Loan Trust Series 2007-5, Class 2A2<br>4.02% (1 mo. USD Term SOFR + 0.284%)<sup>(4)</sup> | 05/25/37 | 16124607 | 8759535 |
|  Ownit Mortgage Loan Trust Series 2006-2, Class A1<br>4.27% (1 mo. USD Term SOFR + 0.534%)<sup>(4)</sup> | 01/25/37 | 1670572 | 1638824 |
|  PHH Alternative Mortgage Trust Series 2007-2, Class 1A4<br>4.45% (1 mo. USD Term SOFR + 0.714%)<sup>(4)</sup> | 05/25/37 | 4176406 | 3785924 |
|  Popular ABS Mortgage Pass-Through Trust Series 2007-A, Class A3<br>4.16% (1 mo. USD Term SOFR + 0.424%)<sup>(4)</sup> | 06/25/47 | 3464603 | 3279274 |
|  PRET LLC Series 2025-NPL4, Class A1<br>6.37%<sup>(1)</sup> | 04/25/55 | 4390510 | 4415231 |
|  PRET LLC Series 2025-NPL6, Class A1<br>5.74%<sup>(1)</sup> | 06/25/55 | 4621734 | 4643124 |
|  PRET Trust Series 2025-NPL1, Class A1<br>6.06%<sup>(1)</sup> | 02/25/55 | 5955428 | 5970866 |
|  PRPM LLC Series 2024-RPL1, Class M1<br>4.22%<sup>(1),(2)</sup> | 12/25/64 | 6782000 | 6549608 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |  |
|  PRPM Trust Series 2023-NQM3, Class B2<br>7.40%<sup>(1),(2)</sup> | 11/25/68 | $2350000 | $2352150 |
|  RAAC Trust Series 2005-SP1, Class 4A1<br>7.00% | 09/25/34 | 19566 | 19615 |
|  RALI Trust Series 2005-QA13, Class 2A1<br>5.22%<sup>(2)</sup> | 12/25/35 | 1062105 | 935672 |
|  RALI Trust Series 2005-QA7, Class A21<br>5.31%<sup>(2)</sup> | 07/25/35 | 305661 | 288299 |
|  RALI Trust Series 2005-QA8, Class CB21<br>5.13%<sup>(2)</sup> | 07/25/35 | 441274 | 221201 |
|  RALI Trust Series 2006-QS13, Class 2A1<br>5.75% | 11/25/61 | 1366 | 618 |
|  RALI Trust Series 2006-QS16, Class A6<br>6.00% | 11/25/36 | 264925 | 213568 |
|  RALI Trust Series 2007-QA3, Class A1<br>4.05% (1 mo. USD Term SOFR + 0.314%)<sup>(4)</sup> | 05/25/37 | 11685633 | 10817801 |
|  RALI Trust Series 2007-QH6, Class A1<br>4.23% (1 mo. USD Term SOFR + 0.494%)<sup>(4)</sup> | 07/25/37 | 5724956 | 5472313 |
|  RALI Trust Series 2007-QS1, Class 2AV (I/O)<br>0.17%<sup>(2)</sup> | 01/25/37 | 1140435 | 7645 |
|  Residential Asset Securitization Trust Series 2006-A9CB, Class A9 (PAC)<br>6.00% | 09/25/36 | 4930396 | 1419568 |
|  RFMSI Trust Series 2007-SA2, Class 1A<br>4.84%<sup>(2)</sup> | 04/25/37 | 180864 | 91659 |
|  Saxon Asset Securities Trust Series 2007-2, Class A2C 4.09% (1 mo. USD Term SOFR +<br>0.354%)<sup>(4)</sup> | 05/25/47 | 10953056 | 8162893 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2006-CB1, Class AF4<br>2.80% | 01/25/36 | 3156865 | 2725227 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2006-WM4, Class A1<br>4.23% (1 mo. USD Term SOFR + 0.494%)<sup>(1),(4)</sup> | 11/25/36 | 7813778 | 3567403 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-BR2, Class A2<br>4.31% (1 mo. USD Term SOFR + 0.574%)<sup>(4)</sup> | 02/25/37 | 5267987 | 2357891 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-BR4, Class A2B<br>4.25% (1 mo. USD Term SOFR + 0.514%)<sup>(4)</sup> | 05/25/37 | 8275924 | 5091426 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-NC1, Class A2B<br>4.15% (1 mo. USD Term SOFR + 0.414%)<sup>(4)</sup> | 12/25/36 | 4928904 | 2453466 |
|  Soundview Home Loan Trust Series 2007-OPT1, Class 2A3<br>4.06% (1 mo. USD Term SOFR + 0.324%)<sup>(4)</sup> | 06/25/37 | 15809285 | 10673530 |
|  Soundview Home Loan Trust Series 2007-WMC1, Class 3A3<br>4.37% (1 mo. USD Term SOFR + 0.634%)<sup>(4)</sup> | 02/25/37 | 910835 | 243621 |
|  Specialty Underwriting & Residential Finance Trust Series 2007-BC2, Class A1<br>4.31% (1 mo. USD Term SOFR + 0.344%)<sup>(4)</sup> | 04/25/37 | 17059216 | 12658808 |
|  STARM Mortgage Loan Trust Series 2007-4, Class 3A1<br>4.56%<sup>(2)</sup> | 10/25/37 | 565481 | 503917 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-12, Class 2A<br>4.83%<sup>(2)</sup> | 09/25/34 | 144201 | 140803 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-2, Class 4A2<br>5.20%<sup>(2)</sup> | 03/25/34 | 442802 | 426075 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2005-12, Class 3A1<br>4.77%<sup>(2)</sup> | 06/25/35 | 120392 | 101500 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2005-7, Class 1A3<br>4.54%<sup>(2)</sup> | 04/25/35 | 1317343 | 1186024 |
|  Structured Asset Investment Loan Trust Series 2004-6, Class A3<br>4.65% (1 mo. USD Term SOFR + 0.914%)<sup>(4)</sup> | 07/25/34 | 4962360 | 5123265 |
|  Structured Asset Mortgage Investments II Trust Series 2006-AR5, Class 1A1<br>4.27% (1 mo. USD Term SOFR + 0.534%)<sup>(4)</sup> | 05/25/36 | 168875 | 119909 |
|  Structured Asset Mortgage Investments II Trust Series 2006-AR7, Class A1B<br>3.97% (1 mo. USD Term SOFR + 0.234%)<sup>(4)</sup> | 08/25/36 | 5043829 | 4535209 |
|  Structured Asset Securities Corp. Mortgage Loan Trust Series 2005-4XS, Class 2A1<br>5.74% (1 mo. USD Term SOFR + 1.864%)<sup>(4)</sup> | 03/25/35 | 555289 | 550847 |
|  Towd Point Mortgage Trust Series 2017-4, Class B1<br>3.65%<sup>(1),(2)</sup> | 06/25/57 | 8650000 | 7614945 |
|  Towd Point Mortgage Trust Series 2019-1, Class B1<br>2.65%<sup>(1),(2)</sup> | 03/25/58 | 7087000 | 5705925 |
|  Visio Trust Series 2023-2, Class B1<br>7.71%<sup>(1),(2)</sup> | 10/25/58 | 6088000 | 6124583 |
|  WaMu Asset-Backed Certificates WaMu Trust Series 2007-HE1, Class 2A2<br>4.07% (1 mo. USD Term SOFR + 0.334%)<sup>(4)</sup> | 01/25/37 | 4664938 | 2130443 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2004-AR13, Class A1A<br>4.57% (1 mo. USD Term SOFR + 0.834%)<sup>(4)</sup> | 11/25/34 | 65170 | 64769 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2004-AR14, Class A1<br>4.97%<sup>(2)</sup> | 01/25/35 | 229879 | 223883 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR14, Class 2A1<br>4.70%<sup>(2)</sup> | 12/25/35 | 7140 | 6635 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR16, Class 1A3<br>4.37%<sup>(2)</sup> | 12/25/35 | 583677 | 535062 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES** — **NON-AGENCY (Continued)** |  |  |  |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR2, Class 2A2<br>4.51% (1 mo. USD Term SOFR + 0.774%)<sup>(4)</sup> | 01/25/45 | $191940 | $192772 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2006-AR3, Class A1A<br>5.03% (1 yr. MTA + 1.000%)<sup>(4)</sup> | 02/25/46 | 2626156 | 2435712 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2006-AR4, Class 1A1<br>4.12% (1 yr. MTA + 0.940%)<sup>(4)</sup> | 05/25/46 | 1102156 | 1007077 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2006-AR7, Class 2A<br>5.01% (1 yr. MTA + 0.980%)<sup>(4)</sup> | 07/25/46 | 2072460 | 1998432 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2007-HY3, Class 1A1<br>3.76%<sup>(2)</sup> | 03/25/37 | 1279279 | 1073466 |
|  Washington Mutual Asset-Backed Certificates WMABS Trust Series 2007-HE2, Class 2A2<br>4.29% (1 mo. USD Term SOFR + 0.554%)<sup>(4)</sup> | 02/25/37 | 27048075 | 8583893 |
|  Washington Mutual Mortgage Pass-Through Certificates WMALT Trust Series 2007-OC1, Class A1<br>4.33% (1 mo. USD Term SOFR + 0.594%)<sup>(4)</sup> | 01/25/47 | 3679643 | 3375146 |
|  Wells Fargo Alternative Loan Trust Series 2007-PA5, Class 1A1<br>6.25% | 11/25/37 | 972180 | 838697 |
|  Wells Fargo Home Equity Asset-Backed Securities Trust Series 2007-1, Class A3<br>4.49% (1 mo. USD Term SOFR + 0.754%)<sup>(4)</sup> | 03/25/37 | 4690000 | 4403518 |
|  Wells Fargo Mortgage-Backed Securities Trust Series 2006-AR14, Class 2A1<br>6.50%<sup>(2)</sup> | 10/25/36 | 187428 | 172556 |
|  Wells Fargo Mortgage-Backed Securities Trust Series 2006-AR4, Class 1A1<br>6.26%<sup>(2)</sup> | 04/25/36 | 46167 | 45426 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities — Non-agency** (Cost: $906,393,098) |  |  | 721961091 |
|  **CORPORATE BONDS** — **18.8%** |  |  |  |
|  **Aerospace/Defense** — **0.4%** |  |  |  |
|  General Electric Co.<br>4.59% (3 mo. USD Term SOFR + 0.742%)<sup>(4)</sup> | 08/15/36 | 10370000 | 9790421 |
|  **Agriculture** — **0.3%** |  |  |  |
|  Altria Group, Inc.<br>4.88% | 02/04/28 | 2195000 | 2232469 |
|  Imperial Brands Finance PLC (United Kingdom)<br>4.50%<sup>(1)</sup> | 06/30/28 | 6815000 | 6872246 |
|  |  |  | 9104715 |
|  **Airlines** — **0.1%** |  |  |  |
|  American Airlines Pass-Through Trust Series 2015-2, Class AA<br>3.60% | 03/22/29 | 1559558 | 1538223 |
|  American Airlines, Inc./AAdvantage Loyalty IP Ltd.<br>5.75%<sup>(1)</sup> | 04/20/29 | 1130000 | 1151323 |
|  |  |  | 2689546 |
|  **Auto Manufacturers** — **0.2%** |  |  |  |
|  Volkswagen Group of America Finance LLC (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%<sup>(1)</sup> | 03/25/32 | 275000 | 285629 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%<sup>(1)</sup> | 03/27/35 | 965000 | 1000579 |
|  Volkswagen International Finance NV (Germany)<br>7.88% (9 yr. EUR Swap + 4.783%)<sup>(4),(8),(10)</sup> | 09/06/32 | &nbsp;&nbsp;&nbsp;&nbsp;2100000 | 2844215 |
|  |  |  | 4130423 |
|  **Banks** — **2.6%** |  |  |  |
|  Bank of America Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.66% (1 day USD SOFR + 0.910%)<sup>(4)</sup> | 03/11/27 | 8934000 | 8891117 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.92% (1 day USD SOFR + 1.370%)<sup>(4)</sup> | 10/24/31 | 5905000 | 5283263 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65% (1 day USD SOFR + 1.220%)<sup>(4)</sup> | 03/11/32 | 130000 | 119487 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38% (5 yr. CMT + 2.760%)<sup>(4),(10)</sup> | 01/27/27 | 2340000 | 2319736 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70% (3 mo. USD Term SOFR + 0.912%)<sup>(4)</sup> | 12/01/26 | 4400000 | 4418744 |
|  Citibank NA<br>4.91% | 05/29/30 | 1565000 | 1610526 |
|  Citigroup, Inc.<br>6.63% (5 yr. CMT + 3.001%)<sup>(4),(10)</sup> | 02/15/31 | 1960000 | 1988479 |
|  Goldman Sachs Group, Inc.<br>1.95% (1 day USD SOFR + 0.913%)<sup>(4)</sup> | 10/21/27 | 4295000 | 4222243 |
|  HSBC Holdings PLC (United Kingdom)<br>4.76% (1 day USD SOFR + 2.110%)<sup>(4)</sup> | 06/09/28 | 960000 | 968486 |
|  JPMorgan Chase & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.58% (1 day USD SOFR + 0.885%)<sup>(4)</sup> | 04/22/27 | 10250000 | 10170357 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.76% (3 mo. USD Term SOFR + 1.105%)<sup>(4)</sup> | 11/19/31 | 2842000 | 2526851 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.07% (1 day USD SOFR + 1.015%)<sup>(4)</sup> | 06/01/29 | 4005000 | 3825015 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55% (1 day USD SOFR + 1.180%)<sup>(4)</sup> | 11/08/32 | 2625000 | 2369456 |
|  Morgan Stanley<br>1.79% (1 day USD SOFR + 1.034%)<sup>(4)</sup> | 02/13/32 | 75000 | 65945 |
|  Morgan Stanley Private Bank NA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20% (1 day USD SOFR + 0.780%)<sup>(4)</sup> | 11/17/28 | 2160000 | 2166890 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.73% (1 day USD SOFR + 1.080%)<sup>(4)</sup> | 07/18/31 | 2230000 | 2261109 |
|  PNC Financial Services Group, Inc.<br>3.40% (5 yr. CMT + 2.595%)<sup>(4),(10)</sup> | 09/15/26 | 1980000 | 1941469 |
|  Santander U.K. Group Holdings PLC (United Kingdom) 1.67% (1 day USD SOFR + 0.989%)<sup>(4)</sup> | 06/14/27 | 1630000 | 1611565 |
|  U.S. Bancorp<br>5.08% (1 day USD SOFR + 1.296%)<sup>(4)</sup> | 05/15/31 | 2617000 | 2699383 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Banks (Continued)** |  |  |  |
|  Wells Fargo & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.57% (3 mo. USD Term SOFR + 1.262%)<sup>(4)</sup> | 02/11/31 | $7055000 | $6595719 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% (1 day USD SOFR + 1.780%)<sup>(4)</sup> | 01/23/35 | 70000 | 73087 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.57% (1 day USD SOFR + 1.740%)<sup>(4)</sup> | 07/25/29 | 3864000 | 4000708 |
|  |  |  | 70129635 |
|  **Beverages** — **0.1%** |  |  |  |
|  Becle SAB de CV (Mexico)<br>2.50%<sup>(1)</sup> | 10/14/31 | 4450000 | 3869676 |
|  **Building Materials** — **0.1%** |  |  |  |
|  JH North America Holdings, Inc.<br>5.88%<sup>(1)</sup> | 01/31/31 | 1530000 | 1563568 |
|  **Chemicals** — **0.3%** |  |  |  |
|  FIS Fabbrica Italiana Sintetici SpA (Italy)<br>5.63%<sup>(8)</sup> | 08/01/27 | 400000 | 471312 |
|  International Flavors & Fragrances, Inc.<br>2.30%<sup>(1)</sup> | 11/01/30 | 7835000 | 7070617 |
|  |  |  | 7541929 |
|  **Commercial Services** — **0.6%** |  |  |  |
|  Global Payments, Inc.<br>4.50% | 11/15/28 | 4170000 | 4179883 |
|  Grand Canyon University<br>5.13% | 10/01/28 | 1450000 | 1445954 |
|  RAC Bond Co. PLC (United Kingdom)<br>8.25%<sup>(8)</sup> | 05/06/46 | 500000 | 729044 |
|  Rentokil Terminix Funding LLC 5.00%<sup>(1)</sup> | 04/28/30 | 2600000 | 2646774 |
|  Rollins, Inc.<br>5.25% | 02/24/35 | 4095000 | 4189512 |
|  VT Topco, Inc.<br>8.50%<sup>(1)</sup> | 08/15/30 | 1590000 | 1660978 |
|  |  |  | 14852145 |
|  **Computers** — **0.2%** |  |  |  |
|  Dell International LLC/EMC Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75% | 04/01/28 | 4110000 | 4170376 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 04/01/30 | 760000 | 778802 |
|  |  |  | 4949178 |
|  **Cosmetics/Personal Care** — **0.1%** |  |  |  |
|  Edgewell Personal Care Co.<br>4.13%<sup>(1)</sup> | 04/01/29 | 1475000 | 1410779 |
|  **Diversified Financial Services** — **0.7%** |  |  |  |
|  AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland)<br>3.00% | 10/29/28 | 10100000 | 9797808 |
|  American Express Co.<br>3.55% (5 yr. CMT + 2.854%)<sup>(4),(10)</sup> | 09/15/26 | 2350000 | 2319520 |
|  Avolon Holdings Funding Ltd. (Ireland)<br>2.53%<sup>(1)</sup> | 11/18/27 | 2317000 | 2248718 |
|  GGAM Finance Ltd. (Ireland)<br>8.00%<sup>(1)</sup> | 06/15/28 | 1582000 | 1677316 |
|  Jane Street Group/JSG Finance, Inc.<br>6.13%<sup>(1)</sup> | 11/01/32 | 1290000 | 1313865 |
|  |  |  | 17357227 |
|  **Electric** — **2.0%** |  |  |  |
|  Alliant Energy Corp.<br>5.75% (5 yr. CMT + 2.077%)<sup>(4)</sup> | 04/01/56 | 5470000 | 5463819 |
|  Alliant Energy Finance LLC<br>3.60%<sup>(1)</sup> | 03/01/32 | 8130000 | 7572932 |
|  American Electric Power Co., Inc.<br>5.80% (5 yr. CMT + 2.128%)<sup>(4)</sup> | 03/15/56 | 8235000 | 8178920 |
|  CenterPoint Energy, Inc.<br>5.95% (5 yr. CMT + 2.223%)<sup>(4)</sup> | 04/01/56 | 2000000 | 2016320 |
|  Comision Federal de Electricidad (Mexico)<br>3.35%<sup>(8)</sup> | 02/09/31 | 650000 | 591507 |
|  Dominion Energy, Inc.<br>6.00% (5 yr. CMT + 2.262%)<sup>(4)</sup> | 02/15/56 | 7030000 | 7082655 |
|  Electricite de France SA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<sup>(8)</sup> | 06/17/44 | 3400000 | 3975203 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.64%<sup>(8)</sup> | 08/28/35 | 830000 | 538763 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.38% (5 yr. U.K. Government Bond + 3.775%)<sup>(8),(4),(10)</sup> | 06/17/35 | 300000 | 415072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.13% (5 yr. CMT + 5.411%)<sup>(1),(4),(10)</sup> | 03/15/33 | 760000 | 882694 |
|  Elia Group SA (Belgium)<br>3.88%<sup>(8)</sup> | 06/11/31 | 600000 | 717277 |
|  Entergy Corp.<br>5.88% (5 yr. CMT + 2.179%)<sup>(4)</sup> | 06/15/56 | 4200000 | 4203360 |
|  FirstEnergy Transmission LLC<br>2.87%<sup>(1)</sup> | 09/15/28 | 3153000 | 3050685 |
|  MVM Energetika Zrt (Hungary)<br>6.50%<sup>(8)</sup> | 03/13/31 | 853000 | 901544 |
|  Southern Co.<br>3.75% (5 yr. CMT + 2.915%)<sup>(4)</sup> | 09/15/51 | 1000000 | 987490 |
|  Southwestern Electric Power Co.<br>4.10% | 09/15/28 | 2190000 | 2190766 |
|  Tennet Netherlands BV<br>4.75%<sup>(8)</sup> | 10/28/42 | 1155000 | 1458010 |
|  Trans-Allegheny Interstate Line Co.<br>5.00%<sup>(1)</sup> | 01/15/31 | 3615000 | 3715858 |
|  |  |  | 53942875 |
|  **Electrical Components & Equipment** — **0.1%** |  |  |  |
|  Energizer Holdings, Inc.<br>6.00%<sup>(1)</sup> | 09/15/33 | 1900000 | 1825596 |
|  **Engineering & Construction** — **0.0%** |  |  |  |
|  Heathrow Funding Ltd. (United Kingdom)<br>3.88%<sup>(8)</sup> | 01/16/38 | 885000 | 1027363 |
|  **Entertainment** — **0.3%** |  |  |  |
|  Caesars Entertainment, Inc.<br>6.50%<sup>(1)</sup> | 02/15/32 | 360000 | 369105 |
|  FDJ UNITED (France)<br>3.38%<sup>(8)</sup> | 11/21/33 | 2300000 | 2651588 |
|  Flutter Treasury DAC (Ireland)<br>5.00%<sup>(1)</sup> | 04/29/29 | 500000 | 606404 |
|  Great Canadian Gaming Corp./Raptor LLC (Canada)<br>8.75%<sup>(1)</sup> | 11/15/29 | 710000 | 718399 |
|  Ontario Gaming GTA LP/OTG Co-Issuer, Inc. (Canada)<br>8.00%<sup>(1)</sup> | 08/01/30 | 365000 | 347677 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Entertainment (Continued)** |  |  |  |
|  Rivers Enterprise Lender LLC/Rivers Enterprise Lender Corp.<br>6.25%<sup>(1)</sup> | 10/15/30 | $1370000 | $1397948 |
|  Voyager Parent LLC<br>9.25%<sup>(1)</sup> | 07/01/32 | 1091000 | 1158762 |
|  WarnerMedia Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05% | 03/15/42 | 59000 | 41752 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.14% | 03/15/52 | 782000 | 517887 |
|  |  |  | 7809522 |
|  **Environmental Control** — **0.1%** |  |  |  |
|  Luna 2 5SARL (Luxemburg)<br>5.50%<sup>(1)</sup> | 07/01/32 | 1335000 | 1598450 |
|  **Financial** — **0.1%** |  |  |  |
|  Nomura Corporate Funding Americas LLC<br>1.00%<sup>(3)</sup> | 10/27/26 | 3675862 | 3675862 |
|  **Food** — **0.6%** |  |  |  |
|  JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 05/15/32 | 2940000 | 2640208 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% | 12/01/31 | 781000 | 741333 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75% | 03/15/34 | 2419000 | 2670915 |
|  Pilgrim's Pride Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 03/01/32 | 382000 | 353018 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25% | 04/15/31 | 1035000 | 1008121 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25% | 07/01/33 | 3200000 | 3419776 |
|  Post Holdings, Inc.<br>4.63%<sup>(1)</sup> | 04/15/30 | 1470000 | 1432074 |
|  Smithfield Foods, Inc.<br>2.63%<sup>(1)</sup> | 09/13/31 | 4690000 | 4161812 |
|  |  |  | 16427257 |
|  **Gas** — **0.2%** |  |  |  |
|  AmeriGas Partners LP/AmeriGas Finance Corp.<br>9.38%<sup>(1)</sup> | 06/01/28 | 1773000 | 1837165 |
|  National Gas Transmission PLC (United Kingdom)<br>4.25%<sup>(8)</sup> | 04/05/30 | 2075000 | 2536535 |
|  Northwest Natural Holding Co.<br>7.00% (5 yr. CMT + 2.701%)<sup>(4)</sup> | 09/15/55 | 869000 | 904603 |
|  |  |  | 5278303 |
|  **Health Care-Products** — **0.1%** |  |  |  |
|  Molnlycke Holding AB (Sweden)<br>4.25%<sup>(8)</sup> | 06/11/34 | 970000 | 1166182 |
|  Sartorius Finance BV (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(8)</sup> | 09/14/32 | 200000 | 246076 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(8)</sup> | 09/14/35 | 2000000 | 2489976 |
|  |  |  | 3902234 |
|  **Health Care-Services** — **0.5%** |  |  |  |
|  Cigna Group<br>5.25% | 01/15/36 | 7000000 | 7128660 |
|  HAH Group Holding Co. LLC<br>9.75%<sup>(1)</sup> | 10/01/31 | 495000 | 464122 |
|  Humana, Inc.<br>5.55% | 05/01/35 | 1195000 | 1221159 |
|  Kedrion SpA (Italy) 6.50%<sup>(1)</sup> | 09/01/29 | 1135000 | 1118997 |
|  Mehilainen Yhtiot OYJ (Finland)<br>5.13%<sup>(1)</sup> | 06/30/32 | 660000 | 787733 |
|  ModivCare, Inc.<br>5.00%<sup>(1),(3),(6),(5),(11)</sup> | 10/01/29 | 5514600 | 82719 |
|  Sotera Health Holdings LLC<br>7.38%<sup>(1)</sup> | 06/01/31 | 895000 | 944332 |
|  Universal Health Services, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65% | 09/01/26 | 1500000 | 1476285 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65% | 01/15/32 | 590000 | 521477 |
|  |  |  | 13745484 |
|  **Household Products/Wares** — **0.1%** |  |  |  |
|  Spectrum Brands, Inc.<br>3.88%<sup>(1)</sup> | 03/15/31 | 2132000 | 1743933 |
|  **Insurance** — **0.4%** |  |  |  |
|  Asurion LLC & Asurion Co-Issuer, Inc.<br>8.00%<sup>(1)</sup> | 12/31/32 | 1365000 | 1417539 |
|  Athene Global Funding |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.72%<sup>(1)</sup> | 01/07/29 | 1535000 | 1452079 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.21%<sup>(1)</sup> | 03/08/27 | 2225000 | 2191113 |
|  Farmers Exchange Capital<br>7.20%<sup>(1)</sup> | 07/15/48 | 150000 | 152993 |
|  Farmers Exchange Capital II<br>6.15% (3 mo. USD Term SOFR + 4.006%)<sup>(1),(4)</sup> | 11/01/53 | 2500000 | 2464900 |
|  Farmers Insurance Exchange<br>4.75% (3 mo. USD LIBOR + 3.231%)<sup>(1),(4)</sup> | 11/01/57 | 3800000 | 3232090 |
|  |  |  | 10910714 |
|  **Internet** — **1.0%** |  |  |  |
|  Alphabet, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 11/06/38 | 1770000 | 2013629 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% | 11/06/44 | 1700000 | 1948129 |
|  Cogent Communications Group LLC/Cogent Finance, Inc.<br>6.50%<sup>(1)</sup> | 07/01/32 | 1455000 | 1363728 |
|  Getty Images, Inc.<br>10.50%<sup>(1)</sup> | 11/15/30 | 1405000 | 1418544 |
|  ION Platform Finance U.S., Inc./ION Platform Finance Sarl<br>8.75%<sup>(1)</sup> | 05/01/29 | 2202000 | 2235448 |
|  Meta Platforms, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88% | 11/15/35 | 12600000 | 12596850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63% | 11/15/55 | 1300000 | 1250444 |
|  Snap, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%<sup>(1)</sup> | 03/01/33 | 1650000 | 1712354 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%<sup>(1)</sup> | 03/15/34 | 1790000 | 1845114 |
|  |  |  | 26384240 |
|  **Investment Companies** — **0.2%** |  |  |  |
|  Icahn Enterprises LP/Icahn Enterprises Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% | 06/15/30 | 1493000 | 1429458 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.75% | 01/15/29 | 2575000 | 2576957 |
|  |  |  | 4006415 |
|  **Iron & Steel** — **0.2%** |  |  |  |
|  CSN Inova Ventures (Brazil)<br>6.75%<sup>(1)</sup> | 01/28/28 | 2867000 | 2662439 |
|  CSN Resources SA (Brazil)<br>5.88%<sup>(1)</sup> | 04/08/32 | 4662000 | 3675288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Iron & Steel** (Cost: $6,408,472) |  |  | 6337727 |
|  **Leisure Time** — **0.0%** |  |  |  |
|  Sabre GLBL, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.75%<sup>(1)</sup> | 11/15/29 | 156000 | 132737 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.75%<sup>(1)</sup> | 03/15/30 | 199000 | 163618 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Leisure Time** (Cost: $329,352) |  |  | 296355 |
|  **Lodging** — **0.4%** |  |  |  |
|  Hyatt Hotels Corp.<br>5.05% | 03/30/28 | 3700000 | 3769708 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Lodging (Continued)** |  |  |  |
|  Las Vegas Sands Corp. 5.63% | 06/15/28 | $5460000 | $5602233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Lodging** (Cost: $9,154,048) |  |  | 9371941 |
|  **Machinery-Diversified** — **0.0%** |  |  |  |
|  Oregon Tool Lux LP<br>7.88%<sup>(1)</sup> | 10/15/29 | 2242299 | 520393 |
|  **Media** — **0.7%** |  |  |  |
|  CCO Holdings LLC/CCO Holdings Capital Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%<sup>(1)</sup> | 02/01/31 | 2375000 | 2184786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50% | 05/01/32 | 645000 | 579894 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(1)</sup> | 02/01/28 | 360000 | 357293 |
|  Charter Communications Operating LLC/Charter Communications Operating Capital |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 03/01/42 | 1500000 | 1040670 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80% | 03/01/50 | 570000 | 430111 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55% | 06/01/34 | 2347000 | 2472635 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.65% | 02/01/34 | 800000 | 844488 |
|  CSC Holdings LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%<sup>(1)</sup> | 12/01/30 | 500000 | 179100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(1)</sup> | 01/15/30 | 376000 | 138917 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 02/01/29 | 3183000 | 2113257 |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.75%<sup>(1)</sup> | 01/31/29 | 2629000 | 1961655 |
|  DISH Network Corp.<br>11.75%<sup>(1)</sup> | 11/15/27 | 1654000 | 1722277 |
|  Scripps Escrow II, Inc.<br>3.88%<sup>(1)</sup> | 01/15/29 | 758000 | 697481 |
|  Sinclair Television Group, Inc.<br>8.13%<sup>(1)</sup> | 02/15/33 | 1250000 | 1307900 |
|  Time Warner Cable LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50% | 09/15/42 | 775000 | 598114 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 09/01/41 | 820000 | 720624 |
|  Virgin Media Secured Finance PLC (United Kingdom)<br>5.50%<sup>(1)</sup> | 05/15/29 | 980000 | 966045 |
|  VZ Secured Financing BV (Netherlands)<br>5.00%<sup>(1)</sup> | 01/15/32 | 1630000 | 1477187 |
|  |  |  | 19792434 |
|  **Mining** — **0.1%** |  |  |  |
|  Corp. Nacional del Cobre de Chile<br>5.13%<sup>(8)</sup> | 02/02/33 | 1970000 | 1979909 |
|  **Miscellaneous Manufacturers** — **0.1%** |  |  |  |
|  Dyno Nobel Ltd. (Australia)<br>5.40% | 11/08/32 | 2010000 | 1312127 |
|  **Oil & Gas** — **0.4%** |  |  |  |
|  Ecopetrol SA<br>8.38% | 01/19/36 | 2437000 | 2507600 |
|  Ecopetrol SA (Colombia)<br>8.88% | 01/13/33 | 718000 | 767183 |
|  KazMunayGas National Co. JSC (Kazakhstan) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(8)</sup> | 04/14/33 | 1186000 | 1071539 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%<sup>(8)</sup> | 04/24/30 | 1979000 | 2023508 |
|  Petroleos Mexicanos<br>6.75% | 09/21/47 | 658000 | 538823 |
|  Sunoco LP<br>7.88% (5 yr. CMT + 4.230%)<sup>(1),(4),(10)</sup> | 09/18/30 | 3790000 | 3890852 |
|  Transocean International Ltd.<br>8.75%<sup>(1)</sup> | 02/15/30 | 813750 | 850499 |
|  |  |  | 11650004 |
|  **Packaging & Containers** — **0.4%** |  |  |  |
|  Amcor Flexibles North America, Inc.<br>4.80% | 03/17/28 | 3750000 | 3803362 |
|  Amcor Group Finance PLC<br>5.45% | 05/23/29 | 2525000 | 2612819 |
|  Ardagh Group SA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%<sup>(1)</sup> | 12/01/30 | 1140000 | 1236478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12.00%<sup>(1),(12)</sup> | 12/01/30 | 867000 | 795603 |
|  Berry Global, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65% | 01/15/27 | 105000 | 102386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(1)</sup> | 07/15/26 | 556000 | 556211 |
|  Sealed Air Corp.<br>6.50%<sup>(1)</sup> | 07/15/32 | 760000 | 788318 |
|  |  |  | 9895177 |
|  **Pharmaceuticals** — **0.6%** |  |  |  |
|  1261229 BC Ltd.<br>10.00%<sup>(1)</sup> | 04/15/32 | 2510000 | 2615571 |
|  Bayer U.S. Finance II LLC (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%<sup>(1)</sup> | 12/15/28 | 3059000 | 3063130 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%<sup>(1)</sup> | 07/15/44 | 1493000 | 1207986 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%<sup>(1)</sup> | 06/25/38 | 2775000 | 2544869 |
|  CVS Health Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.78% | 03/25/38 | 525000 | 496561 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75% (5 yr. CMT + 2.516%)<sup>(4)</sup> | 12/10/54 | 2300000 | 2404811 |
|  Grifols SA (Spain) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(8)</sup> | 10/15/28 | 2280000 | 2650648 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%<sup>(8)</sup> | 05/01/30 | 300000 | 370449 |
|  Teva Pharmaceutical Finance Netherlands IV BV (Israel)<br>5.75% | 12/01/30 | 535000 | 555383 |
|  |  |  | 15909408 |
|  **Pipelines** — **0.6%** |  |  |  |
|  Energy Transfer LP<br>6.63% (3 mo. USD LIBOR + 4.155%)<sup>(4),(10)</sup> | 02/15/28 | 2751000 | 2742499 |
|  Galaxy Pipeline Assets Bidco Ltd. (United Arab Emirates)<br>2.16%<sup>(1)</sup> | 03/31/34 | 943907 | 856435 |
|  Global Partners LP/GLP Finance Corp.<br>8.25%<sup>(1)</sup> | 01/15/32 | 1270000 | 1339139 |
|  ITT Holdings LLC<br>6.50%<sup>(1)</sup> | 08/01/29 | 805000 | 773565 |
|  NGL Energy Operating LLC/NGL Energy Finance Corp.<br>8.38%<sup>(1)</sup> | 02/15/32 | 1240000 | 1285954 |
|  QazaqGaz NC JSC (Kazakhstan)<br>4.38%<sup>(8)</sup> | 09/26/27 | 650000 | 648180 |
|  Venture Global LNG, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% (5 yr. CMT + 5.440%)<sup>(1),(4),(10)</sup> | 09/30/29 | 4163000 | 3300468 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.88%<sup>(1)</sup> | 02/01/32 | 1562000 | 1614671 |
|  Venture Global Plaquemines LNG LLC<br>6.75%<sup>(1)</sup> | 01/15/36 | 2511000 | 2572419 |
|  |  |  | 15133330 |
|  **Real Estate** — **0.1%** |  |  |  |
|  Blackstone Property Partners Europe Holdings SARL (Luxembourg)<br>1.00%<sup>(8)</sup> | 05/04/28 | 1120000 | 1258139 |
|  CBRE Open-Ended Funds SCA SICAV-SIF (Luxemburg)<br>4.75%<sup>(8)</sup> | 03/27/34 | 1155000 | 1414006 |
|  China SCE Group Holdings Ltd.<br>7.00%<sup>(5),(8),(3)</sup> | 05/02/25 | 1070000 | 46171 |
|  LEG Immobilien SE (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%<sup>(8)</sup> | 03/30/33 | 400000 | 380296 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%<sup>(8)</sup> | 01/17/34 | 100000 | 96667 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **Real Estate (Continued)** |  |  |  |
|  Times China Holdings Ltd. (China) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(1),(13)</sup> | 03/30/29 | $88513 | $1591 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%<sup>(1),(13)</sup> | 09/30/32 | 328242 | 6292 |
|  Zhenro Properties Group Ltd. (China)<br>6.63%<sup>(5),(7),(8),(3)</sup> | 01/07/26 | 1810000 | 7819 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3210981 |
|  **REIT** — **1.8%** |  |  |  |
|  American Assets Trust LP<br>3.38% | 02/01/31 | 4005000 | 3653962 |
|  American Tower Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70% | 04/15/31 | 30000 | 27554 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90% | 01/15/30 | 5440000 | 5168218 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70% | 12/15/32 | 4925000 | 4935244 |
|  Americold Realty Operating Partnership LP<br>5.60% | 05/15/32 | 4070000 | 4102682 |
|  Digital Dutch Finco BV |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%<sup>(8)</sup> | 01/15/32 | 1770000 | 1780743 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(8)</sup> | 03/15/35 | 1035000 | 1187902 |
|  Equinix Europe 2 Financing Corp. LLC (REIT)<br>3.63% | 11/22/34 | 1695000 | 1928465 |
|  GLP Capital LP/GLP Financing II, Inc.<br>5.75% | 06/01/28 | 6241000 | 6407572 |
|  Healthcare Realty Holdings LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 08/01/26 | 2257000 | 2246979 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63% | 01/15/28 | 625000 | 617244 |
|  Host Hotels & Resorts LP (REIT)<br>5.70% | 06/15/32 | 1855000 | 1937807 |
|  Hudson Pacific Properties LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95% | 11/01/27 | 4202000 | 4017490 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95% | 02/15/28 | 805000 | 793939 |
|  Lineage OP LP<br>5.25%<sup>(1)</sup> | 07/15/30 | 2575000 | 2600364 |
|  LXP Industrial Trust<br>2.70% | 09/15/30 | 2000000 | 1834880 |
|  Realty Income Corp. (REIT)<br>4.88% | 07/06/30 | 710000 | 887894 |
|  RHP Hotel Properties LP/RHP Finance Corp. (REIT)<br>6.50%<sup>(1)</sup> | 04/01/32 | 665000 | 690257 |
|  VICI Properties LP/VICI Note Co., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(1)</sup> | 02/15/29 | 865000 | 848989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%<sup>(1)</sup> | 08/15/30 | 113000 | 109750 |
|  WP Carey, Inc. (REIT)<br>4.25% | 07/23/32 | 950000 | 1145328 |
|  |  |  | 46923263 |
|  **Retail** — **0.5%** |  |  |  |
|  BCPE Flavor Debt Merger Sub LLC & BCPE Flavor Issuer, Inc.<br>9.50%<sup>(1)</sup> | 07/01/32 | 2075000 | 1989884 |
|  Ferrellgas LP/Ferrellgas Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(1)</sup> | 04/01/29 | 1859000 | 1788154 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.25%<sup>(1)</sup> | 01/15/31 | 2519000 | 2598348 |
|  Michaels Cos., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(1)</sup> | 05/01/28 | 2383000 | 2292803 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%<sup>(1)</sup> | 05/01/29 | 675000 | 623457 |
|  Papa John's International, Inc.<br>3.88%<sup>(1)</sup> | 09/15/29 | 1565000 | 1495264 |
|  Staples, Inc.<br>10.75%<sup>(1)</sup> | 09/01/29 | 600000 | 597192 |
|  Suburban Propane Partners LP/Suburban Energy Finance Corp.<br>6.50%<sup>(1)</sup> | 12/15/35 | 2895000 | 2897142 |
|  |  |  | 14282244 |
|  **Semiconductors** — **0.1%** |  |  |  |
|  Foundry JV Holdco LLC<br>5.50%<sup>(1)</sup> | 01/25/31 | 825000 | 852398 |
|  Intel Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00% | 08/12/31 | 2300000 | 2018089 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05% | 08/12/51 | 826000 | 509386 |
|  |  |  | 3379873 |
|  **Software** — **0.5%** |  |  |  |
|  Fiserv, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55% | 02/15/31 | 1385000 | 1374266 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25% | 08/11/35 | 2310000 | 2307875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45% | 03/15/34 | 2360000 | 2395872 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63% | 08/21/33 | 820000 | 845846 |
|  Open Text Corp. (Canada)<br>6.90%<sup>(1)</sup> | 12/01/27 | 5545000 | 5773565 |
|  Open Text Holdings, Inc. (Canada)<br>4.13%<sup>(1)</sup> | 12/01/31 | 1450000 | 1353923 |
|  |  |  | 14051347 |
|  **Telecommunications** — **0.5%** |  |  |  |
|  Altice Financing SA (Luxembourg)<br>9.63%<sup>(1)</sup> | 07/15/27 | 3168000 | 2443542 |
|  Altice France SA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 04/15/32 | 789363 | 758246 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%<sup>(1)</sup> | 11/01/29 | 588727 | 606036 |
|  EchoStar Corp.<br>10.75% | 11/30/29 | 891000 | 985134 |
|  Frontier Communications Holdings LLC<br>8.63%<sup>(1)</sup> | 03/15/31 | 100000 | 105393 |
|  Global Switch Finance BV (United Kingdom)<br>1.38%<sup>(8)</sup> | 10/07/30 | 4505000 | 4969583 |
|  Vmed O2 U.K. Financing I PLC (United Kingdom)<br>4.75%<sup>(1)</sup> | 07/15/31 | 1534000 | 1418536 |
|  Windstream Services LLC/Windstream Escrow Finance Corp.<br>8.25%<sup>(1)</sup> | 10/01/31 | 1016000 | 1067470 |
|  Zayo Group Holdings, Inc.<br>9.25%<sup>(1),(14)</sup> | 03/09/30 | 939230 | 893452 |
|  |  |  | 13247392 |
|  **Transportation** — **0.1%** |  |  |  |
|  Aurizon Network Pty. Ltd. (Australia) 2.90%<sup>(8)</sup> | 09/02/30 | 3160000 | 1866703 |
|  Pacific National Finance Pty. Ltd. (Australia) 3.70% | 09/24/29 | 3080000 | 1888251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Transportation** (Cost: $3,780,207) |  |  | 3754954 |
|  **Water** — **0.3%** |  |  |  |
|  DWR Cymru Financing U.K. PLC<br>2.38%<sup>(8)</sup> | 03/31/34 | 1400000 | 1434824 |
|  Suez SACA (France)<br>2.88%<sup>(8)</sup> | 05/24/34 | 1900000 | 2070680 |
|  United Utilities Water Finance PLC (United Kingdom)<br>3.75%<sup>(8)</sup> | 05/23/34 | 1270000 | 1484840 |
|  Yorkshire Water Finance PLC (United Kingdom)<br>6.38%<sup>(8)</sup> | 11/18/34 | 1940000 | 2700855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Water** (Cost: $7,527,192) |  |  | 7691199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $501,660,226) |  |  | 498407548 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **MUNICIPAL BONDS** — **0.4%** |  |  |  |
|  County of Miami-Dade Aviation Revenue, Revenue Bonds<br>2.86% | 10/01/35 | $1750000 | $1486284 |
|  County of Miami-Dade Aviation Revenue, Series D<br>3.35% | 10/01/29 | 2000000 | 1946990 |
|  Medina Valley Independent School District, General Obligation Unlimited<br>4.75% | 02/15/50 | 980000 | 999743 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Revenue Bonds<br>5.00% | 11/01/53 | 2565000 | 2658338 |
|  New York State Dormitory Authority, Revenue bonds<br>5.29% | 03/15/33 | 2800351 | 2848086 |
|  New York State Thruway Authority, Revenue Bonds<br>5.00% | 03/15/59 | 1790000 | 1842837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Municipal Bonds** (Cost: $12,190,903) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;11782278 |
|  **FOREIGN GOVERNMENT BONDS** — **2.0%** |  |  |  |
|  Argentina Republic Government International Bonds (United Kingdom)<br>0.75% | 07/09/30 | 2360000 | 2012726 |
|  Brazil Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00% | 10/20/33 | 830000 | 840607 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13% | 03/15/34 | 910000 | 921102 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63% | 03/15/35 | 5435000 | 5605605 |
|  Guatemala Government Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%<sup>(8)</sup> | 08/15/36 | 6240000 | 6539520 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.60%<sup>(8)</sup> | 06/13/36 | 900000 | 968589 |
|  Hungary Government International Bonds<br>2.13%<sup>(1)</sup> | 09/22/31 | 1146000 | 987978 |
|  Mexico Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88% | 05/19/33 | 1833000 | 1762613 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63% | 09/22/35 | 4548000 | 4490013 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35% | 02/09/35 | 3151000 | 3303855 |
|  New South Wales Treasury Corp.<br>5.25%<sup>(8)</sup> | 02/24/38 | 10555000 | 6850951 |
|  Queensland Treasury Corp.<br>5.25%<sup>(8)</sup> | 08/13/38 | 3665000 | 2353576 |
|  Republic of South Africa Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30% | 10/12/28 | 827000 | 822939 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85% | 09/30/29 | 883000 | 885243 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 06/22/30 | 675000 | 698753 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 04/20/32 | 864000 | 890076 |
|  Romania Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(8)</sup> | 03/24/35 | 4856000 | 4811713 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%<sup>(8)</sup> | 05/16/36 | 6022000 | 6282994 |
|  Treasury Corp. of Victoria<br>2.00% | 11/20/37 | 3630000 | 1660286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Foreign Government Bonds** (Cost: $52,367,215) |  |  | 52689139 |
|  **U.S. TREASURY SECURITIES** — **2.1%** |  |  |  |
|  U.S. Treasury Notes |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38% | 12/31/27 | 25070000 | 25022014 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 11/30/30 | 2512900 | 2488458 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63% | 12/31/30 | 27165000 | 27040848 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $54,561,354) |  |  | 54551320 |
|  **BANK LOANS** — **4.3%** |  |  |  |
|  **Advertising** — **0.1%** |  |  |  |
|  Advantage Sales & Marketing, Inc. 2024 Term Loan<br>8.45% (3 mo. USD Term SOFR + 4.250%)<sup>(4)</sup> | 10/28/27 | 965078 | 807288 |
|  Research Now Group, Inc. 2024 First Lien First Out Term Loan<br>9.14% (3 mo. USD Term SOFR + 5.000%)<sup>(4)</sup> | 07/15/28 | 684669 | 682272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Advertising** (Cost: $1,545,778) |  |  | 1489560 |
|  **Aerospace & Defense** — **0.1%** |  |  |  |
|  HDI Aerospace Intermediate Holding III Corp. Term Loan B<br>7.69% (3 mo. USD Term SOFR + 3.750%)<sup>(4)</sup> | 02/11/32 | 855700 | 862118 |
|  TransDigm, Inc. 2023 Term Loan J<br>6.22% (1 mo. USD Term SOFR + 2.500%)<sup>(4)</sup> | 02/28/31 | 563620 | 566373 |
|  TransDigm, Inc. 2025 Term Loan K<br>5.97% (1 mo. USD Term SOFR + 2.250%)<sup>(4)</sup> | 03/22/30 | 502692 | 504713 |
|  TransDigm, Inc. 2025 Term Loan M<br>6.22% (1 mo. USD Term SOFR + 2.500%)<sup>(4)</sup> | 08/19/32 | 1242984 | 1249565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Aerospace & Defense** (Cost: $3,151,537) |  |  | 3182769 |
|  **Airlines** — **0.1%** |  |  |  |
|  SkyMiles IP Ltd. 2025 Repriced Term Loan B<br>5.38% (3 mo. USD Term SOFR + 1.500%)<sup>(4)</sup> | 10/20/28 | 1326254 | 1339682 |
|  **Apparel** — **0.0%** |  |  |  |
|  ABG Intermediate Holdings 2 LLC 2024 1st Lien Term Loan B<br>5.97% (1 mo. USD Term SOFR + 2.250%)<sup>(4)</sup> | 12/21/28 | 786880 | 789048 |
|  **Beverages** — **0.2%** |  |  |  |
|  Celsius Holdings, Inc. 2025 Term Loan B<br>6.17% (3 mo. USD Term SOFR + 2.500%)<sup>(4)</sup> | 04/01/32 | 505752 | 509988 |
|  Naked Juice LLC 2025 FLFO Term Loan<br>9.17% (3 mo. USD Term SOFR + 5.500%)<sup>(4)</sup> | 01/24/29 | 3494262 | 3485527 |
|  Naked Juice LLC 2025 FLSO Term Loan<br>7.02% (3 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 01/24/29 | 43247 | 28867 |
|  Naked Juice LLC 2025 FLTO Term Loan<br>9.77% (3 mo. USD Term SOFR + 6.000%)<sup>(4)</sup> | 01/24/30 | 391411 | 106552 |
|  Primo Brands Corp. 2025 Term Loan B<br>5.92% (3 mo. USD Term SOFR + 2.250%)<sup>(4)</sup> | 03/31/28 | 524180 | 526280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Beverages** (Cost: $4,828,586) |  |  | 4657214 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Commercial Services** — **0.2%** | **Commercial Services** — **0.2%** | **Commercial Services** — **0.2%** | **Commercial Services** — **0.2%** |
|  ASP Dream Acquisition Co. LLC Term Loan B<br>8.07% (1 mo. USD Term SOFR + 4.250%)<sup>(4)</sup> | 12/15/28 | $997689 | $954040 |
|  Boost Newco Borrower LLC 2025 USD Term Loan B2<br>5.67% (3 mo. USD Term SOFR + 2.000%)<sup>(4)</sup> | 01/31/31 | 766103 | 768259 |
|  CCRR Parent, Inc. Term Loan B<br>8.33% (3 mo. USD Term SOFR + 4.250%)<sup>(4)</sup> | 03/06/28 | 352584 | 103572 |
|  CCRR Parent, Inc. US Acquisition Facility<br>8.17% (3 mo. USD Term SOFR + 4.250%)<sup>(4)</sup> | 03/06/28 | 729810 | 209820 |
|  Element Materials Technology Group U.S. Holdings, Inc. 2022 USD Term Loan<br>7.35% (3 mo. USD Term SOFR + 3.675%)<sup>(4)</sup> | 07/06/29 | 97078 | 98049 |
|  Fugue Finance BV 2025 Repriced Term Loan<br>6.57% (3 mo. USD Term SOFR + 2.750%)<sup>(4)</sup> | 01/09/32 | 656392 | 659509 |
|  Kelso Industries LLC Term Loan<br>9.57% (3 mo. USD Term SOFR + 5.750%)<sup>(4),(15)</sup> | 12/30/29 | 635666 | 637256 |
|  KUEHG Corp. 2025 Term Loan<br>0.00% <sup>(16)</sup> | 06/12/30 | 406136 | 395333 |
|  TTF Holdings LLC 2024 Term Loan<br>7.79% (6 mo. USD Term SOFR + 3.750%)<sup>(4)</sup> | 07/18/31 | 1459990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1189892 |
|  Valvoline, Inc. Term Loan B<br>5.87% (1 mo. USD Term SOFR + 2.000%)<sup>(4)</sup> | 03/19/32 | 992193 | 999946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Services** (Cost: $6,694,832) |  |  | 6015676 |
|  **Computers** — **0.2%** |  |  |  |
|  McAfee LLC 2024 USD 1st Lien Term Loan B<br>6.72% (1 mo. USD Term SOFR + 3.000%)<sup>(4)</sup> | 03/01/29 | 161282 | 149369 |
|  Peraton Corp. Term Loan B<br>7.69% (3 mo. USD Term SOFR + 3.750%)<sup>(4)</sup> | 02/01/28 | 1113369 | 1035634 |
|  Surf Holdings LLC 2025 Incremental Term Loan<br>7.33% (1 mo. USD Term SOFR + 3.500%)<sup>(4)</sup> | 03/05/27 | 1246704 | 1249004 |
|  X Corp. 2025 Fixed Term Loan<br>9.50% | 10/26/29 | 517036 | 516203 |
|  X Corp. Term Loan<br>10.45% (3 mo. USD Term SOFR + 6.500%)<sup>(4)</sup> | 10/26/29 | 1118011 | 1100843 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Computers** (Cost: $4,036,103) |  |  | 4051053 |
|  **Cosmetics/Personal Care** — **0.0%** |  |  |  |
|  Opal Bidco SAS USD Term Loan B4<br>6.69% (3 mo. USD Term SOFR + 3.000%)<sup>(4)</sup> | 04/28/32 | 616331 | 620954 |
|  **Distribution & Wholesale** — **0.0%** |  |  |  |
|  BCPE Empire Holdings, Inc. 2025 Term Loan B<br>6.97% (1 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 12/11/30 | 89838 | 89052 |
|  **Diversified Financial Services** — **0.2%** |  |  |  |
|  Avolon TLB Borrower 1 U.S. LLC 2023 Term Loan B6<br>5.48% (1 mo. USD Term SOFR + 1.750%)<sup>(4)</sup> | 06/24/30 | 1999466 | 2013602 |
|  Blackhawk Network Holdings, Inc. 2025 Term Loan B<br>7.67% (3 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 03/12/29 | 861429 | 866611 |
|  Guggenheim Partners LLC 2024 Term Loan B<br>6.17% (3 mo. USD Term SOFR + 2.500%)<sup>(4)</sup> | 11/26/31 | 616974 | 620214 |
|  Jane Street Group LLC 2024 Term Loan B1<br>5.82% (3 mo. USD Term SOFR + 2.000%)<sup>(4)</sup> | 12/15/31 | 829197 | 826345 |
|  Jefferies Finance LLC 2024 Term Loan<br>6.50% (1 mo. USD Term SOFR + 2.750%)<sup>(4)</sup> | 10/21/31 | 297262 | 295683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Diversified Financial Services** (Cost: $4,589,729) |  |  | 4622455 |
|  **Electric** — **0.1%** |  |  |  |
|  Alpha Generation LLC Term Loan B<br>5.72% (1 mo. USD Term SOFR + 2.000%)<sup>(4)</sup> | 09/30/31 | 1549001 | 1555856 |
|  Calpine Corp. 2024 Term Loan B10<br>5.47% (1 mo. USD Term SOFR + 1.750%)<sup>(4)</sup> | 01/31/31 | 288953 | 289257 |
|  Cornerstone Generation LLC Term Loan B<br>7.09% (3 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 08/11/32 | 329147 | 332703 |
|  Potomac Energy Center LLC 2025 Term Loan<br>6.84% (3 mo. USD Term SOFR + 3.000%)<sup>(4)</sup> | 08/05/32 | 392043 | 395964 |
|  South Field LLC 2025 1st Lien Term Loan B<br>6.67% (3 mo. USD Term SOFR + 3.000%)<sup>(4)</sup> | 08/29/31 | 416904 | 420292 |
|  South Field LLC 2025 1st Lien Term Loan C<br>6.67% (3 mo. USD Term SOFR + 3.000%)<sup>(4)</sup> | 08/29/31 | 25124 | 25328 |
|  Vistra Operations Co. LLC 1st Lien Term Loan B3<br>5.47% (1 mo. USD Term SOFR + 1.750%)<sup>(4)</sup> 12/20/30 |  | 639367 | 643366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Electric** (Cost: $3,637,167) |  |  | 3662766 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Electrical Components & Equipment** — **0.1%** |  |  |  |
|  Pelican Products, Inc. 2021 Term Loan<br>8.18% (3 mo. USD Term SOFR + 4.250%)<sup>(4)</sup> | 12/29/28 | $2017349 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1831581 |
|  **Electronics** — **0.0%** |  |  |  |
|  LSF12 Crown U.S. Commercial Bidco LLC 2025 Term Loan B<br>7.37% (1 mo. USD Term SOFR + 3.500%)<sup>(4)</sup> | 12/02/31 | 511762 | 515601 |
|  TCP Sunbelt Acquisition Co. 2024 Term Loan B<br>8.07% (3 mo. USD Term SOFR + 4.250%)<sup>(4)</sup> | 10/24/31 | 282150 | 285502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Electronics** (Cost: $791,667) |  |  | 801103 |
|  **Engineering & Construction** — **0.1%** |  |  |  |
|  Astrion Group LLC 2024 Term Loan<br>8.67% (3 mo. USD Term SOFR + 5.000%)<sup>(4)</sup> | 08/29/31 | 1492462 | 1126809 |
|  DG Investment Intermediate Holdings 2, Inc. 2025 Term Loan<br>7.47% (1 mo. USD Term SOFR + 3.750%)<sup>(4)</sup> | 07/09/32 | 1200000 | 1204500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Engineering & Construction** (Cost: $2,660,376) |  |  | 2331309 |
|  **Entertainment** — **0.1%** |  |  |  |
|  City Football Group Ltd. 2024 Term Loan<br>6.93% (3 mo. USD Term SOFR + 3.000%)<sup>(4)</sup> | 07/22/30 | 479557 | 480156 |
|  DK Crown Holdings, Inc. 2025 Term Loan B<br>5.53% (1 mo. USD Term SOFR + 1.750%)<sup>(4)</sup> | 03/04/32 | 154139 | 154386 |
|  EOC Borrower LLC Term Loan A<br>7.47% (1 mo. USD Term SOFR + 3.750%)<sup>(4)</sup> | 03/24/28 | 379740 | 381402 |
|  Flutter Financing BV 2024 Term Loan B<br>5.42% (3 mo. USD Term SOFR + 1.750%)<sup>(4)</sup> | 11/30/30 | 409388 | 409558 |
|  Showtime Acquisition LLC 2024 1st Lien Term Loan<br>8.63% (3 mo. USD Term SOFR + 4.750%)<sup>(4)</sup> | 08/16/31 | 658197 | 654083 |
|  Voyager Parent LLC Term Loan B<br>8.42% (3 mo. USD Term SOFR + 4.750%)<sup>(4)</sup> | 07/01/32 | 1386297 | 1389028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Entertainment** (Cost: $3,413,612) |  |  | 3468613 |
|  **Environmental Control** — **0.0%** |  |  |  |
|  Action Environmental Group, Inc. 2023 Term Loan B<br>6.92% (3 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 10/24/30 | 507913 | 509503 |
|  **Food** — **0.1%** |  |  |  |
|  BCPE North Star U.S. HoldCo 2, Inc. Term Loan<br>7.83% (1 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 06/09/28 | 871209 | 869123 |
|  C&S Wholesale Grocers, Inc. Term Loan B<br>8.67% (3 mo. USD Term SOFR + 5.000%)<sup>(4)</sup> | 09/20/30 | 1296980 | 1271040 |
|  United Natural Foods, Inc. 2024 Term Loan<br>8.47% (1 mo. USD Term SOFR + 4.750%)<sup>(4)</sup> | 05/01/31 | 757711 | 764151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Food** (Cost: $2,853,792) |  |  | 2904314 |
|  **Health Care-products** — **0.1%** |  |  |  |
|  Antylia Scientific Term Loan<br>7.99% (3 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 05/27/32 | 723268 | 719019 |
|  QuidelOrtho Corp. Term Loan<br>7.72% (1 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 08/20/32 | 1123124 | 1124000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Health Care-products** (Cost: $1,808,037) |  |  | 1843019 |
|  **Health Care-services** — **0.3%** |  |  |  |
|  ADMI Corp. 2021 Term Loan B2<br>7.21% (1 mo. USD Term SOFR + 3.375%)<sup>(4)</sup> | 12/23/27 | 487945 | 463092 |
|  ADMI Corp. 2023 Term Loan B5<br>9.47% (1 mo. USD Term SOFR + 5.750%)<sup>(4)</sup> | 12/23/27 | 280489 | 269690 |
|  Heartland Dental LLC 2025 Term Loan<br>7.47% (1 mo. USD Term SOFR + 3.750%)<sup>(4)</sup> | 08/25/32 | 1238400 | 1245038 |
|  IQVIA, Inc. 2025 Incremental Term Loan B5<br>5.42% (3 mo. USD Term SOFR + 1.750%)<sup>(4)</sup> | 01/02/31 | 492665 | 496592 |
|  Modivcare Buyer LLC Super Senior Term Loan<br>0.00% <sup>(16)</sup> | 12/29/30 | 1085000 | 1057875 |
|  Modivcare, Inc. 2024 Term Loan B<br>10.73% (3 mo. USD Term SOFR + 6.750%)<sup>(4)</sup> | 07/01/31 | 2702555 | 1095656 |
|  Modivcare, Inc. 2025 DIP Delayed Draw Term Loan<br>10.82% (1 mo. USD Term SOFR + 7.000%)<sup>(4)</sup> | 02/22/26 | 243293 | 240860 |
|  Modivcare, Inc. 2025 DIP Term Loan<br>10.73% (1 mo. USD Term SOFR + 7.000%)<sup>(4)</sup> | 02/22/26 | 456634 | 452068 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Health Care-services (Continued)** |  |  |  |
|  Modivcare, Inc. 2025 Incremental Term Loan<br>15.32% (3 mo. USD Term SOFR + 11.500%)<sup>(4)</sup> | 01/12/26 | $716247 | $290378 |
|  NAPA Management Services Corp. Term Loan B<br>9.07% (1 mo. USD Term SOFR + 5.250%)<sup>(4)</sup> | 02/23/29 | 1220752 | 852335 |
|  Pediatric Associates Holding Co. LLC 2021 Term Loan B<br>7.35% (3 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 12/29/28 | 1861555 | 1824799 |
|  Star Parent, Inc. Term Loan B<br>7.67% (3 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 09/27/30 | 313342 | 314064 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Health Care-services** (Cost: $10,719,612) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8602447 |
|  **Holding Companies** — **Diversified** — **0.0%** |  |  |  |
|  GC Ferry Acquisition I, Inc. Term Loan<br>7.17% (3 mo. USD Term SOFR + 3.500%)<sup>(4),(17)</sup> | 08/16/32 | 447133 | 447104 |
|  **Home Furnishings** — **0.0%** |  |  |  |
|  AI Aqua Merger Sub, Inc. 2024 1st Lien Term Loan B<br>6.85% (3 mo. USD Term SOFR + 3.000%)<sup>(4)</sup> | 07/31/28 | 482361 | 483967 |
|  **Insurance** — **0.1%** |  |  |  |
|  Asurion LLC 2021 Second Lien Term Loan B4<br>9.08% (1 mo. USD Term SOFR + 5.250%)<sup>(4)</sup> | 01/20/29 | 659757 | 649768 |
|  Howden Group Holdings Ltd. 2025 USD Term Loan B<br>6.47% (1 mo. USD Term SOFR + 2.750%)<sup>(4)</sup> | 02/15/31 | 997494 | 1001144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Insurance** (Cost: $1,597,718) |  |  | 1650912 |
|  **Internet** — **0.3%** |  |  |  |
|  Arches Buyer, Inc. 2021 Term Loan B<br>7.07% (1 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 12/06/27 | 276218 | 277181 |
|  Barracuda Networks, Inc. 2022 Term Loan<br>8.34% (3 mo. USD Term SOFR + 4.500%)<sup>(4)</sup> | 08/15/29 | 969488 | 793618 |
|  Delivery Hero SE 2024 USD Term Loan B<br>8.84% (3 mo. USD Term SOFR + 5.000%)<sup>(4)</sup> | 12/12/29 | 1749871 | 1759355 |
|  Magnite, Inc. 2025 Repriced Term Loan B<br>6.72% (1 mo. USD Term SOFR + 3.000%)<sup>(4)</sup> | 02/06/31 | 922431 | 922624 |
|  MH Sub I LLC 2023 Term Loan<br>7.92% (3 mo. USD Term SOFR + 4.250%)<sup>(4)</sup> | 05/03/28 | 708530 | 660882 |
|  MH Sub I LLC 2024 Term Loan B4<br>7.97% (1 mo. USD Term SOFR + 4.250%)<sup>(4)</sup> | 12/31/31 | 1057689 | 910109 |
|  Plano HoldCo, Inc. Term Loan B<br>7.17% (3 mo. USD Term SOFR + 3.500%)<sup>(4)</sup> | 10/02/31 | 267975 | 260606 |
|  PUG LLC 2024 Extended Term Loan B<br>0.00% <sup>(16)</sup> | 03/15/30 | 856451 | 850563 |
|  Red Ventures LLC 2024 Term Loan B<br>6.47% (1 mo. USD Term SOFR + 2.750%)<sup>(4)</sup> | 03/04/30 | 861569 | 829803 |
|  TripAdvisor, Inc. Term Loan<br>6.47% (1 mo. USD Term SOFR + 2.750%)<sup>(4)</sup> | 07/08/31 | 625841 | 605892 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Internet** (Cost: $8,122,446) |  |  | 7870633 |
|  **Leisure Time** — **0.0%** |  |  |  |
|  MajorDrive Holdings IV LLC Term Loan B<br>7.93% (3 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 06/01/28 | 264352 | 240707 |
|  Sabre GLBL, Inc. 2021 Term Loan B1<br>0.00% <sup>(16)</sup> | 12/17/27 | 100426 | 98584 |
|  Sabre GLBL, Inc. 2021 Term Loan B2<br>0.00% <sup>(16)</sup> | 12/17/27 | 67254 | 66021 |
|  Sabre GLBL, Inc. 2024 Term Loan B1<br>9.82% (1 mo. USD Term SOFR + 6.000%)<sup>(4)</sup> | 11/15/29 | 318813 | 283744 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Leisure Time** (Cost: $713,356) |  |  | 689056 |
|  **Lodging** — **0.1%** |  |  |  |
|  Hilton Domestic Operating Co., Inc. 2023 Term Loan B4<br>5.48% (1 mo. USD Term SOFR + 1.750%)<sup>(4)</sup> | 11/08/30 | 1457180 | 1468130 |
|  **Machinery-Construction & Mining** — **0.0%** |  |  |  |
|  WEC U.S. Holdings Ltd. 2024 Term Loan<br>5.87% (1 mo. USD Term SOFR + 2.000%)<sup>(4)</sup> | 01/27/31 | 620393 | 622143 |
|  **Machinery-diversified** — **0.1%** |  |  |  |
|  Oregon Tool, Inc. 2025 1st Lien Term Loan<br>9.23% (3 mo. USD Term SOFR + 5.350%)<sup>(4)</sup> | 10/15/29 | 118407 | 120887 |
|  Oregon Tool, Inc. 2025 2nd Lien Term Loan<br>8.14% (3 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 10/15/29 | 2705405 | 1953302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Machinery-diversified** (Cost: $3,495,962) |  |  | 2074189 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Media** — **0.2%** |  |  |  |
|  Charter Communications Operating LLC 2024 Term Loan B5<br>6.24% (3 mo. USD Term SOFR + 2.250%)<sup>(4)</sup> | 12/15/31 | $3480817 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3487344 |
|  Ziggo Financing Partnership 2025 Term Loan B<br>7.03% (6 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 01/15/33 | 884699 | 880001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Media** (Cost: $4,339,069) |  |  | 4367345 |
|  **Mining** — **0.0%** |  |  |  |
|  American Rock Salt Co. LLC 2024 First Out Term Loan<br>11.08% (3 mo. USD Term SOFR + 7.000%)<sup>(4),(18)</sup> | 06/09/28 | 583406 | 579031 |
|  **Miscellaneous Manufacturers** — **0.1%** |  |  |  |
|  Cleanova U.S. Holdings LLC 2025 Term Loan B<br>8.48% (3 mo. USD Term SOFR + 4.750%)<sup>(4)</sup> | 06/14/32 | 471374 | 473731 |
|  Technimark Holdings LLC 2024 Term Loan<br>6.98% (1 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 04/14/31 | 1047003 | 1041114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Miscellaneous Manufacturers** (Cost: $1,500,204) |  |  | 1514845 |
|  **Office/Business Equipment** — **0.1%** |  |  |  |
|  Xerox Holdings Corp. 2023 Term Loan B<br>7.67% (3 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 11/19/29 | 3074597 | 2640310 |
|  **Packaging & Containers** — **0.3%** |  |  |  |
|  Balcan Innovations, Inc. Term Loan B<br>8.59% (3 mo. USD Term SOFR + 4.750%)<sup>(4)</sup> | 10/18/31 | 536359 | 429088 |
|  BradyPlus Holdings LLC 2025 Term Loan B<br>7.17% (3 mo. USD Term SOFR + 3.500%)<sup>(4)</sup> | 12/11/30 | 2314550 | 2293811 |
|  Plaze, Inc. 2019 Term Loan B<br>7.33% (1 mo. USD Term SOFR + 3.500%)<sup>(4)</sup> | 08/03/26 | 1645809 | 1526488 |
|  Plaze, Inc. 2020 Incremental Term Loan<br>7.58% (1 mo. USD Term SOFR + 3.750%)<sup>(4)</sup> | 08/03/26 | 4241663 | 3934142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Packaging & Containers** (Cost: $8,657,550) |  |  | 8183529 |
|  **Pharmaceuticals** — **0.0%** |  |  |  |
|  Paradigm Parent LLC 1st Lien Term Loan<br>8.17% (3 mo. USD Term SOFR + 4.500%)<sup>(4)</sup> | 04/16/32 | 748125 | 660807 |
|  Pathway Vet Alliance LLC 2025 Tranche A Term Loan A<br>8.84% (3 mo. USD Term SOFR + 5.000%)<sup>(4)</sup> | 06/30/28 | 305177 | 308038 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Pharmaceuticals** (Cost: $974,802) |  |  | 968845 |
|  **Reit** — **0.3%** |  |  |  |
|  Healthpeak Properties, Inc. 2024 Term Loan A3<br>4.51% (3 mo. USD Term SOFR + 0.850%)<sup>(4)</sup> | 03/01/29 | 1664689 | 1643880 |
|  Healthpeak Properties, Inc. Term Loan A1<br>4.56% (1 mo. USD Term SOFR + 0.840%)<sup>(4)</sup> | 08/20/27 | 824832 | 818646 |
|  Healthpeak Properties, Inc. Term Loan A2<br>4.56% (1 mo. USD Term SOFR + 0.840%)<sup>(4)</sup> | 02/22/27 | 824832 | 818646 |
|  Invitation Homes Operating Partnership LP 2024 Term Loan<br>4.70% (1 mo. USD Term SOFR + 0.850%)<sup>(4)</sup> | 09/09/28 | 3604244 | 3604244 |
|  Iron Mountain, Inc. 2022 Term Loan A<br>5.47% (1 mo. USD Term SOFR + 1.750%)<sup>(4)</sup> | 03/18/30 | 1462500 | 1449703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Reit** (Cost: $8,297,283) |  |  | 8335119 |
|  **Retail** — **0.3%** |  |  |  |
|  1011778 BC Unlimited Liability Co. 2024 Term Loan B6<br>5.47% (1 mo. USD Term SOFR + 1.750%)<sup>(4)</sup> | 09/20/30 | 870775 | 872952 |
|  BW Gas & Convenience Holdings LLC 2021 Term Loan B<br>7.33% (1 mo. USD Term SOFR + 3.500%) | 03/31/28 | 844246 | 844951 |
|  Dave & Buster's, Inc. 2024 1st Lien Term Loan B<br>7.13% (3 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 11/01/31 | 856584 | 768249 |
|  KFC Holding Co. 2021 Term Loan B<br>5.60% (1 mo. USD Term SOFR + 1.750%)<sup>(4)</sup> | 03/15/28 | 451102 | 453497 |
|  Michaels Cos., Inc. 2021 Term Loan B<br>8.18% (3 mo. USD Term SOFR + 4.250%)<sup>(4)</sup> | 04/17/28 | 1069009 | 1036233 |
|  Peer Holding III BV 2025 USD Term Loan B<br>8.50% (3 mo. USD Term SOFR + 2.250%)<sup>(4)</sup> | 09/29/32 | 400000 | 401250 |
|  Peer Holding III BV 2025 USD Term Loan B5B<br>6.17% (3 mo. USD Term SOFR + 2.500%)<sup>(4)</sup> | 07/01/31 | 1726192 | 1735721 |
|  Raising Cane's Restaurants LLC 2025 Term Loan B<br>5.84% (1 mo. USD Term SOFR + 2.000%)<sup>(4)</sup> | 11/03/32 | 879944 | 882971 |
|  Tacala LLC 2025 Repriced Term Loan B<br>6.72% (1 mo. USD Term SOFR + 3.000%)<sup>(4)</sup> | 01/31/31 | 1384726 | 1395977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Retail** (Cost: $8,420,648) |  |  | 8391801 |
|  **Software** — **0.3%** |  |  |  |
|  Cast & Crew Payroll LLC 2021 Incremental Term Loan<br>7.47% (1 mo. USD Term SOFR + 3.750%)<sup>(4)</sup> | 12/29/28 | 307836 | 185915 |
|  DTI Holdco, Inc. 2025 Term Loan B<br>7.72% (1 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 04/26/29 | 1276299 | 1195165 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **Software (Continued)** |  |  |  |
|  EagleView Technology Corp. 2025 Term Loan<br>9.17% (3 mo. USD Term SOFR + 5.500%)<sup>(4)</sup> | 08/14/28 | $1262203 | $1218227 |
|  Planview Parent, Inc. 2024 1st Lien Term Loan<br>0.00%<sup>(16)</sup> | 12/17/27 | 420655 | 404815 |
|  Project Alpha Intermediate Holding, Inc. 2024 1st Lien Term Loan B<br>6.92% (3 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 10/26/30 | 1624801 | 1624102 |
|  Renaissance Holding Corp. 2024 1st Lien Term Loan<br>7.72% (1 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 04/05/30 | 2464780 | 2159628 |
|  SolarWinds Holdings, Inc. 2025 Term Loan<br>7.70% (3 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 04/16/32 | 769261 | 769742 |
|  SonarSource Financing LLC Term Loan<br>8.17% (3 mo. USD Term SOFR + 4.500%)<sup>(4)</sup> | 12/19/30 | 830305 | 822001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Software** (Cost: $8,625,995) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8379595 |
|  **Telecommunications** — **0.1%** |  |  |  |
|  Altice Financing SA 2022 USD Term Loan<br>8.90% (3 mo. USD Term SOFR + 5.000%)<sup>(4)</sup> | 10/31/27 | 373693 | 277467 |
|  Frontier Communications Corp. 2025 Term Loan B<br>6.24% (1 mo. USD Term SOFR + 2.500%)<sup>(4)</sup> | 07/01/31 | 366479 | 367225 |
|  Zayo Group Holdings, Inc. 2025 USD Term Loan<br>0.50% (1 mo. USD Term SOFR + 3.000%)<sup>(4)</sup> | 03/11/30 | 585953 | 557722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Telecommunications** (Cost: $1,278,563) |  |  | 1202414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Bank Loans** (Cost: $118,299,012) |  |  | 112681086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $2,893,511,217) |  |  | 2626014675 |
|  **CONVERTIBLE SECURITIES** — **0.1%** |  |  |  |
|  **CONVERTIBLE CORPORATE BONDS** — **0.1%** |  |  |  |
|  **Beverages** — **0.1%** |  |  |  |
|  Davide Campari-Milano NV (Italy)<br>2.38% <sup>(8)</sup> | 01/17/29 | 1700000 | 1946353 |
|  **Commercial Services** — **0.0%** |  |  |  |
|  Worldline SA (France)<br>0.00% <sup>(3),(8)</sup> | 07/30/26 | 1299761 | 1491853 |
|  **Real Estate** — **0.0%** |  |  |  |
|  Times China Holdings Ltd.<br>0.00% <sup>(1),(3)</sup> | 03/30/27 | 401185 | 4914 |
|  Times China Holdings Ltd.<br>0.00% <sup>(1),(3)</sup> | 03/30/27 | 91814 | 1709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Real Estate** (Cost: $417,605) |  |  | 6623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Corporate Bonds** (Cost: $3,590,561) |  |  | 3444829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Securities** (Cost: $3,590,561) |  |  | 3444829 |
|  **COMMON STOCK** — **0.3%** |  |  |  |
| **Security** |  | **Shares** | **Value** |
|  **Financial** — **0.1%** |  |  |  |
|  Yeoman Capital SA<sup>(19)</sup> |  | 158987 | 1192402 |
|  **Real Estate** — **0.0%** |  |  |  |
|  Aoyuan New Shares<sup>(7),(19)</sup> |  | 408851 | 3467 |
|  Times China Holdings Ltd.<sup>(19)</sup> |  | 226791 | 2987 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Real Estate** (Cost: $9,253) |  |  | 6454 |
|  **REIT** — **0.2%** |  |  |  |
|  AGNC Investment Corp. |  | 582000 | 6239040 |
|  |  |  | 6239040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $11,047,278) |  |  | 7437896 |
|  **Investment Companies** — **1.6%** |  |  |  |
|  TCW Private Asset Income Fund — I Class<sup>(20)</sup> |  | 4359678 | 43596783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investment Companies** (Cost: $43,613,009) |  |  | 43596783 |
|  **MONEY MARKET INVESTMENTS** — **4.7%** |  |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class,<br>3.74%<sup>(21),(7)</sup> |  | 13968229 | 13968229 |
|  TCW Central Cash Fund, 3.71%<sup>(20),(21)</sup> |  | 110204435 | 110204435 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $124,172,664) |  |  | 124172664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investments** (105.9%) (Cost: $3,075,934,729) |  |  | 2804666847 |
|  **Net unrealized appreciation/depreciation on Unfunded Commitments (0.0%)** |  |  | (1114) |
|  **Liabilities In Excess Of Other Assets (-5.9%)** |  |  | (156944098) |
|  **Net Assets (100.0%)** |  |  | $2647721635 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  |
| **Number of<br>Contracts** | **Type** | **Expiration**<br>**Date** | **Notional**<br>**Contract**<br>**Value** | **Value** | **Net<br>Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
|  **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** |
| 3745 | 5-Year U.S. Treasury Note Futures | 03/31/26 | $409581155 | $409346057 | $(235098) |
|  |  |  | $**409581155** | $**409346057** | $**(235098)** |
|  **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** |
| 87 | 3-Year Australian Bond Futures | 03/16/26 | $(6099580) | $(6091416) | $8164 |
| 188 | 10-Year Australian Bond Futures | 03/16/26 | (13731638) | (13725772) | 5866 |
| 2136 | 10-Year U.S. Treasury Note Futures | 03/20/26 | (246612099) | (245673375) | 938724 |
| 260 | 2-Year U.S. Treasury Note Futures | 03/31/26 | (54248263) | (54285156) | (36893) |
| 37 | 30-Year Euro-Buxl Futures | 03/06/26 | (4857036) | (4785228) | 71808 |
| 2 | Euro-Bobl Futures | 03/06/26 | (273973) | (272848) | 1125 |
| 199 | Euro-Bund Futures | 03/06/26 | (30027493) | (29815106) | 212387 |
| 40 | Long Gilt Futures | 03/27/26 | (4882095) | (4915887) | (33792) |
| 556 | U.S. Ultra Long Bond Futures | 03/20/26 | (66607159) | (65608000) | 999159 |
|  |  |  | $**(427339336)** | $**(425172788)** | $**2166548** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** |
| **Counterparty** | **Contracts to<br>Deliver** | **Units of<br>Currency** | **Settlement<br>Date** | **In Exchange<br>for USD** | **Contracts<br>at Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **BUY<sup>(22)</sup>** |  |  |  |  |  |  |
|  Barclays Capital | EUR | 2479659 | 01/09/26 | $2882107 | $2912787 | $30680 |
|  Citibank N.A. | EUR | 3085284 | 01/09/26 | 3613835 | 3624197 | 10362 |
|  Goldman Sachs & Co. | EUR | 4494573 | 01/09/26 | 5261254 | 5279652 | 18398 |
|  JP Morgan Chase Bank | EUR | 9480866 | 01/09/26 | 11011130 | 11136910 | 125780 |
|  Citibank N.A. | GBP | 2451981 | 01/09/26 | 3267043 | 3298026 | 30983 |
|  JP Morgan Chase Bank | GBP | 5502865 | 01/09/26 | 7277794 | 7401604 | 123810 |
|  |  |  |  | $**33313163** | $**33653176** | $**340013** |
|  **SELL<sup>(23</sup><sup>)</sup>** |  |  |  |  |  |  |
|  Citibank N.A. | AUD | 24718530 | 01/09/26 | 16376740 | 16484098 | (107358) |
|  Goldman Sachs & Co. | AUD | 848551 | 01/09/26 | 553135 | 565875 | (12740) |
|  Goldman Sachs & Co. | EUR | 4436248 | 01/09/26 | 5139037 | 5211138 | (72101) |
|  Citibank N.A. | EUR | 1691993 | 01/09/26 | 1949763 | 1987537 | (37774) |
|  Bank Of America | EUR | 698530 | 01/09/26 | 809299 | 820544 | (11245) |
|  JP Morgan Chase Bank | EUR | 58979197 | 01/09/26 | 69162545 | 69281224 | (118679) |
|  Goldman Sachs & Co. | GBP | 1085361 | 01/09/26 | 1451233 | 1459859 | (8626) |
|  Bank Of America | GBP | 16371455 | 01/09/26 | 21987954 | 22020354 | (32400) |
|  |  |  |  | $**117429706** | $**117830629** | $**(400923)** |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| ABS | Asset-Backed Securities. |
| ACES | Alternative Credit Enhancement Securities. |
| AUD | Australian Dollar. |
| CLO | Collateralized Loan Obligation. |
| EUR | Euro Currency. |
| GBP | British Pound Sterling. |
| I/F | Inverse Floating rate security whose interest rate moves in the opposite direction of prevailing interest rates. |
| I/O | Interest Only Security. |
| PAC | Planned Amortization Class. |
| PIK | Payment In Kind. |
| REMIC | Real Estate Mortgage Investment Conduits. |
| SOFR | Secured Overnight Financing Rate. |
| STRIPS | Separate Trading of Registered Interest and Principal Securities. |
| TAC | Target Amortization Class. |
| TBA | To Be Announced. |
| (1) | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold, normally only to qualified institutional buyers. At December 31, 2025, the value of these securities amounted to $937,506,302 or 35.4% of net assets. These securities are determined to be liquid by the Fund's investment advisor, unless otherwise noted, under procedures established by and under the general supervision of the Company's Board of Directors. |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

(2) Variable rate security. Interest rate disclosed is as of the most recent information available. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and
are based on current market conditions. These securities do not indicate a reference rate and spread in their description above.

(3) Security is not accruing interest.

(4) Floating or variable rate security. The interest shown reflects the rate in effect at December 31, 2025.

(5) Security is currently in default due to bankruptcy or failure to make payment of principal or interest of the issuer. Income is not being accrued.

(6) Restricted security (Note 7).

(7) For fair value measurement disclosure purposes, security is categorized as Level 3. Security is valued using significant unobservable inputs.

(8) Investments issued under Regulation S of the Securities Act of 1933, as amended, may not be offered, sold, or delivered within the United States except under special exemptions. At December 31, 2025, the value of these securities
amounted to $85,909,797 or 3.2% of net assets.

(9) Security purchased on a forward commitment with an approximate principal amount. The actual principal amount and maturity date will be determined upon settlement when the security is delivered.

(10) Perpetual maturity.

(11) Payment-in-kind ("PIK") security. Income may be paid in additional securities or cash at the discretion of the issuer—5.00% cash or 10.00% PIK interest.

(12) PIK security. Income may be paid in additional securities or cash at the discretion of the issuer—5.50% cash or 6.50% PIK interest.

(13) PIK.

(14) PIK security. Income may be paid in additional securities or cash at the discretion of the issuer—5.75% cash or 0.50% PIK interest.

(15) Excluded from the investment total above is an unfunded delayed draw term loan commitment in an amount not to exceed $13,787,at an interest rate of 9.57% and a maturity of December 30, 2029. The investment is accruing an unused
commitment fee of 6.00% per annum.

(16) This position represents an unsettled bank loan at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which will be adjusted on settlement date.

(17) Excluded from the investment total above is an unfunded delayed draw term loan commitment in an amount not to exceed $76,340, at an interest rate of 7.71% and a maturity of August 16, 2032. The investment is accruing an unused
commitment fee of 2.00% per annum.

(18) Excluded from the investment total above is an unfunded delayed draw term loan commitment in an amount not to exceed $152,354, at an interest rate of 11.08% and a maturity of June 09, 2028. The investment is accruing an unused
commitment fee of 2.00% per annum.

(19) Non-income producing security.

(20) Affiliated issuer.

(21) Rate disclosed is the 7-day net yield as of December 31, 2025.

(22) Fund buys foreign currency, sells USD.

(23) Fund sells foreign currency, buys USD.

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | December 31, 2025 |

---

The summary of the TCW Metwest Unconstrained Bond Fund transactions in the affiliated funds for the period ended December 31, 2025 is as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at**<br>**March 31,**<br>**2025** | **Purchases at**<br>**Cost** | **Proceeds from**<br>**Sales** | **Number of**<br>**Shares Held**<br>**December 31,<br>2025** | **Value at December 31,**<br>**2025** | **Dividends**<br>**and Interest**<br>**Income**<br>**Received** | **Distributions**<br>**Received**<br>**from Net**<br>**Realized Gain** | **Net Realized**<br>**Gain (Loss) on**<br>**Investments** | **Net change in**<br>**Unrealized**<br>**Gain (Loss) on**<br>**Investments** |
|  TCW Central Cash Fund | $274063488 | $1793140947 | $1957000000 | 110204435 | $110204435 | $2531823 | $– $|  | $— |
|  TCW Private Asset Income Fund—I Class | 7104479 | 36508530 |  | 4359678 | 43596783 | 2075860 | – |  | (16226) |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $153801218 | $4607683 | $– $|  | $(16226) |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| Fair Valuation Summary (Unaudited) | December 31, 2025 |

---

The following is a summary of the fair valuations according to the inputs used as of December 31, 2025 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Fixed Income Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Non-Agency | $— | $721961091 | $— | $721961091 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Agency |  | 575630192 |  | 575630192 |
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds |  | 498407548 |  | 498407548 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 307393114 |  | 307393114 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 244334329 | 25379059 | 269713388 |
| &nbsp;&nbsp;&nbsp;&nbsp; Bank Loans |  | 112681086 |  | 112681086 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Securities |  | 54551320 |  | 54551320 |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign Government Bonds |  | 52689139 |  | 52689139 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Agency |  | 21205519 |  | 21205519 |
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds |  | 11782278 |  | 11782278 |
|  Total Fixed Income Securities |  | 2600635616 | 25379059 | 2626014675 |
|  Convertible Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Convertible Corporate Bonds |  | 3444829 |  | 3444829 |
|  Equity Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Money Market Investments | 124172664 |  |  | 124172664 |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Companies |  | 43596783 |  | 43596783 |
| &nbsp;&nbsp;&nbsp;&nbsp; Common Stock | 7434909 | 2987 |  | 7437896 |
|  Total Equity Securities | 131607573 | 43599770 |  | 175207343 |
|  Net Unrealized Appreciation (Depreciation) on Unfunded Commitments | $— | $(1114) | $— | $(1114) |
|  Total Investments | $131607573 | $2647679101 | $25379059 | $2804665733 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 340013 |  | 340013 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 2237233 |  |  | 2237233 |
|  Total | $133844806 | $2648019114 | $25379059 | $2807242979 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | $(305783) | $— | $— | $(305783) |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | (400923) |  | (400923) |
|  Total | $(305783) | $(400923) | $— | $(706706) |

---

------

**Note 1 – Security Valuations** 

Securities listed or traded on the NYSE and other stock exchanges were valued at the latest sale price on the exchange. Securities traded on the NASDAQ stock market ("NASDAQ") were valued during the period using official closing prices as reported by NASDAQ, which may not have been the last sale price. Investments in open-end mutual funds including money market funds were valued based on the NAV per share as reported by the investment companies. All other securities for which over-the-counter ("OTC") market quotations were readily available, including short-term securities, swap agreements and forward currency exchange contracts, were valued with prices furnished by independent pricing services or by broker-dealers.

Pursuant to Rule 2a-5 under the 1940 Act, the Company's Board of Directors (the "Board", and each member thereof, a "Director") has designated the Advisor as the "valuation designee" with respect to the fair valuation of the Fund's portfolio securities, subject to oversight by and periodic reporting to the Board. Fair valued securities are those for which market quotations were not readily available, including in circumstances under which it was determined by the Advisor that prices received were not reflective of their market values.

Fair value is defined as the price that a Fund would receive upon selling an investment in a timely transaction to an independent buyer in the principal or most advantageous market for the investment. In accordance with the authoritative guidance on fair value measurements and disclosures under GAAP, the Funds disclose investments in their financial statements in a three-tier hierarchy. This hierarchy is utilized to establish classification of fair value measurements based on inputs. Inputs that go into fair value measurement refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability, developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity's own assumptions about the inputs market participants would use in pricing the asset or liability, developed based on the best information available in the circumstances.

The three-tier hierarchy of inputs is summarized in the three broad levels listed below.

Level 1 – quoted prices in active markets for identical investments.

Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.).

Level 3 – significant unobservable inputs (including the Funds' own assumptions in determining the fair value of investments).

Changes in valuation techniques may result in transfers in or out of an investment's assigned Level within the hierarchy. The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in those investments and the determination of the significance of a particular input to the fair value measurement in its entirety requires judgment and consideration of factors specific to each security.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized as Level 3.

In periods of market dislocation, the observability of prices and inputs may be reduced for many instruments. This condition, as well as changes related to liquidity of investments, could cause a security to be reclassified between Level 1, Level 2, or Level 3.

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In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes the level in the fair value hierarchy within which the fair value measurement falls in its entirety is determined based on the lowest level input that is significant to the fair value measurement.

**Fair Value Measurements:** Descriptions of the valuation techniques applied to the Funds' major categories of assets and liabilities measured at fair value on a recurring basis are as follows:

*Asset-backed securities ("ABS") and mortgage-backed securities ("MBS").* The fair value of ABS and MBS is estimated based on pricing models that consider the estimated cash flows of each debt tranche of the issuer, establish a benchmark yield, and develop an estimated tranche-specific spread to the benchmark yield based on the unique attributes of the tranche including, but not limited to, the prepayment speed assumptions and attributes of the collateral. To the extent the inputs are observable and timely, the values would be categorized as Level 2 of the fair value hierarchy; otherwise, they would be categorized as Level 3.

*Bank loans.* The fair value of bank loans is estimated using recently executed transactions, market price quotations, credit/market events, and cross-asset pricing. Inputs are generally observable and are obtained from independent sources. Bank loans are generally categorized as Level 2 of the fair value hierarchy, unless key inputs are unobservable; they would then be categorized as Level 3.

*Corporate bonds*. The fair value of corporate bonds is estimated using recently executed transactions, market price quotations (where observable), bond spreads, or credit default swap spreads adjusted for any basis difference between cash and derivative instruments. Corporate bonds are generally categorized as Level 2 of the fair value hierarchy; in instances where prices, spreads, or any of the other aforementioned key inputs are unobservable, they are categorized as Level 3 of the hierarchy.

*Foreign currency contracts.* The fair values of foreign currency contracts are derived from indices, reference rates, and other inputs or a combination of these factors. To the extent that these factors can be observed, foreign currency contracts are categorized as Level 2 of the fair value hierarchy.

*Futures contracts.* Futures contracts are generally valued at the settlement price established at the close of business each day by the exchange on which they are traded. They are categorized as Level 1. To the extent that valuation adjustments are observable and timely, the fair values of futures contracts would be categorized as Level 2; otherwise the fair values would be categorized as Level 3.

*Government and agency securities*. Government and agency securities are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, quoted market prices, and reference data. Accordingly, government and agency securities are normally categorized as Level 1 or 2 of the fair value hierarchy depending on the liquidity and transparency of the market.

*Money market funds*. Money market funds are open-end mutual funds that invest in short-term debt securities. To the extent that these funds are valued based upon the reported NAV, they are categorized as Level 1 of the fair value hierarchy.

*Municipal bonds.* Municipal bonds are fair valued based on pricing models that take into account, among other factors, information received from market makers and broker-dealers, current trades, bid-wanted lists, offerings, market movements, the callability of the bond, state of issuance, benchmark yield curves, and bond insurance. To the extent that these inputs are observable and timely, the fair values of municipal bonds are categorized as Level 2; otherwise, the fair values are categorized as Level 3.

*Options and Swaptions contracts*. Exchange-listed options contracts are traded on securities exchanges and are fair valued based on quoted prices from the applicable exchange, and to the extent valuation adjustments are not applied, they are categorized as Level 1. If valuation adjustments are applied and such adjustments are observable and timely, the fair values of exchange-listed options contracts would be categorized as Level 2; otherwise the fair values would be categorized as Level 3. Options and swaptions contracts traded over-the-counter ("OTC") are fair valued based on pricing models and incorporate various inputs such as interest rates, credit spreads, currency exchange rates and volatility measurements for in-the-money, at-the-money, and out-of-the-money contracts based on a given strike price.

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To the extent that these inputs are observable and timely, the fair values of OTC options and swaptions contracts would be categorized as Level 2; otherwise the fair values would be categorized as Level 3.

*Restricted securities*. Restricted securities, including illiquid Rule 144A securities, issued by non-public entities are categorized as Level 3 of the fair value hierarchy because they trade infrequently, and therefore the inputs are unobservable. Any other restricted securities valued similar to publicly traded securities may be categorized as Level 2 or 3 of the fair value hierarchy depending on whether a discount is applied and significant to the fair value.

*Short-term investments*. Short-term investments are valued using market price quotations, and are categorized as Level 1 or Level 2 of the fair value hierarchy.

*Warrants*. Warrants are generally valued based on quoted prices from the applicable exchange. To the extent these securities are actively traded, and valuation adjustments are not applied, they are generally categorized as Level 1 of the fair value hierarchy.

The summary of the fair valuations according to the inputs used as of December 31, 2025 in valuing the Funds' investments is listed after the Schedule of Investments for each Fund.

Following is a reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining value:

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| | | | | |
|:---|:---|:---|:---|:---|
| **High Yield Bond Fund** | **Bank Loans** | **Common Stock** | **Warrant** | **Total** |
|  Balance as of March 31, 2025 | $— | $451116 | $80 | $451196 |
|  Accrued Discounts (Premiums) |  |  |  |  |
|  Realized Gain (Loss) |  | 58602 | 63 | 58665 |
|  Change in Unrealized Appreciation (Depreciation) |  | 44905 | (16) | 44889 |
|  Purchases |  |  |  |  |
|  Sales |  | (554623) | (123) | (554746) |
|  Transfers into Level 3 \* |  |  |  |  |
|  Transfers out of Level 3 \* |  |  |  |  |
|  Balance as of December 31, 2025 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | $— | $4 | $4 |
|  Change in Unrealized Appreciation (Depreciation) from Investments Still Held at December 31, 2025 | $— | $— | $4 | $4 |

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\* Financial assets transferred between Level 2 and Level 3 were due to a change in observable and/or unobservable inputs.

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| | | | |
|:---|:---|:---|:---|
| **Investment Grade Credit Fund** | **Asset-Backed<br>Securities** | **Mortgage-Backed<br>Securities** | **Total** |
|  Balance as of March 31, 2025 | $28209 | $1 | $28210 |
|  Accrued Discounts (Premiums) |  |  |  |
|  Realized Gain (Loss) |  |  |  |
|  Change in Unrealized Appreciation (Depreciation) | 788 |  | 788 |
|  Purchases |  |  |  |
|  Sales | (1873) |  | (1873) |
|  Transfers into Level 3 \* |  |  |  |
|  Transfers out of Level 3 \* |  | (1)\*\* | (1) |
|  Balance as of December 31, 2025 | $27124 | $— | $27124 |
|  Change in Unrealized Appreciation (Depreciation) from Investments Still Held at December 31, 2025 | $788 | $— | $788 |

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\* Financial assets transferred between Level 2 and Level 3 were due to a change in observable and/or unobservable inputs.

\*\* Transfers into and transfers out of level 3 represent the values as of the end of the reporting period.

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| | | |
|:---|:---|:---|
| **Low Duration Bond Fund** | **Asset-Backed<br>Securities** | **Total** |
|  Balance as of March 31, 2025 | $4795600 | $4795600 |
|  Accrued Discounts (Premiums) |  |  |
|  Realized Gain (Loss) |  |  |
|  Change in Unrealized Appreciation (Depreciation) | 134046 | 134046 |
|  Purchases |  |  |
|  Sales | (318543) | (318543) |
|  Transfers into Level 3 \*\* |  |  |
|  Transfers out of Level 3 \*\* |  |  |
|  Balance as of December 31, 2025 | $4611103 | $4611103 |
|  Change in Unrealized Appreciation (Depreciation) from Investments Still Held at December 31, 2025 | $134046 | $134046 |

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\*\* Financial assets transferred between Level 2 and Level 3 were due to a change in observable and/or unobservable inputs.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Strategic Income Fund** | **Asset-Backed<br>Securities** | **Common Stock** | **Residential Mortgage-<br>Backed Securities —<br>Non-Agency** | **Rights** | **Total** |
|  Balance as of March 31, 2025 | $94380 | $38008 | $230992 | $12889 | $376269 |
|  Accrued Discounts (Premiums) | 620 |  | 29983 |  | 30603 |
|  Realized Gain (Loss) |  | 3504 |  |  | 3504 |
|  Change in Unrealized Appreciation (Depreciation) | (249970) | 5217 | (57877) |  | (302630) |
|  Purchases | 245846 |  |  |  | 245846 |
|  Sales | (3514) | (46729) | (305) | (12889) | (63437) |
|  Transfers in to Level 3 \* |  |  |  |  |  |
|  Transfers out of Level 3 \* | (36479)\*\* |  | (202793)\*\* |  | (239272) |
|  Balance as of December 31, 2025 | $50883 | $— | $— | $— | $50883 |
|  Change in Unrealized Appreciation (Depreciation) from Investments Still Held at December 31, 2025 | $(244962) | $— | $— | $— | $(244962) |

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\* Financial assets transferred between Level 2 and Level 3 were due to a change in observable and/or unobservable inputs.

\*\* Transfers into and transfers out of level 3 represent the values as of the end of the reporting period.

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total Return<br>Bond Fund** | **Asset-**<br>**Backed<br>Securities** | **Commercial<br>Mortgage-<br>Backed<br>Securities —<br>Non-Agency** | **Common Stock** | **Corporates** | **Residential<br>Mortgage-<br>Backed<br>Securities —<br>Non-Agency** | **Rights** | **Total** |
|  Balance as of March 31, 2025 | $67302488 | $215756296 | $37537840 | $2829949 | $5426713 | $9338794 | $338192080 |
|  Accrued Discounts (Premiums) |  |  |  | (13639) | (841472) |  | (855111) |
|  Realized Gain (Loss) | 3182724 |  | 2477246 | (1882) | (951650) | (320) | 4706118 |
|  Change in Unrealized Appreciation (Depreciation) | (1224298) | 1565786 | 6135697 | 153551 | 1920528 | (9338474) | (787210) |
|  Purchases |  |  |  |  |  |  |  |
|  Sales | (33194003) | (134394799) | (46150783) | (21976) | (69244) |  | (213830805) |
|  Transfers into Level 3 \*\* |  |  |  |  |  |  |  |
|  Transfers out of Level 3 \*\* | (1917346) | (82927283) |  | (2946003) | (5484875) |  | (93275507) |
|  Balance as of December 31, 2025 | $34149565 | $— | $— | $— | $— | $— | $34149565 |
|  Change in Unrealized Appreciation (Depreciation) from Investments Still Held at December 31, 2025 | $634548 | $— | $— | $— | $— | $— | $634548 |

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\*\* Financial assets transferred between Level 2 and Level 3 were due to a change in observable and/or unobservable inputs.

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Unconstrained Bond Fund** | **Asset-Backed<br>Securities** | **Commercial<br>Mortgage-<br>Backed<br>Securities —<br>Non-Agency** | **Common<br>Stock** | **Corporates** | **Residential<br>Mortgage-<br>Backed<br>Securities —<br>Agency** | **Residential<br>Mortgage-<br>Backed<br>Securities —<br>Non-Agency** | **Rights** | **Total** |
|  Balance as of March 31, 2025 | $28546982 | $2317003 | $2905022 | $103518 | $2633260 | $6398 | $494705 | $37006888 |
|  Accrued Discounts (Premiums) |  |  |  | 31941 | (57818) | (68) |  | (25945) |
|  Realized Gain (Loss) | 351046 |  | 189914 | (270288) |  |  | (17) | 270655 |
|  Change in Unrealized Appreciation (Depreciation) | 126304 | 29805 | 469312 | 950272 | (69817) | 4116 | (494688) | 1015304 |
|  Purchases | 10591917 |  |  |  |  |  |  | 10591917 |
|  Sales | (8648563) | (2346808) | (3560781) | (761454) | (229968) | (2335) |  | (15549909) |
|  Transfers into Level 3 \* | 1 |  |  |  |  |  |  | 1 |
|  Transfers out of Level 3 \* | (5588628) |  | (3467) | (53989) | (2275657) | (8111) |  | (7929852) |
|  Balance as of September 30, 2025 | $25379059 | $— | $— | $— | $— | $— | $— | $25379059 |
|  Change in Unrealized Appreciation (Depreciation) from Investments Still Held at September 30, 2025 | $202975 | $— | $— | $— | $— | $— | $— | $202975 |

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\* Financial assets transferred between Level 2 and Level 3 were due to a change in observable and/or unobservable inputs.

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Significant unobservable valuation inputs for Level 3 investments as of December 31, 2025 are as follows:

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **HIGH YIELD BOND FUND** | **Fair Value<br>at 12/31/2025** | **Valuation<br>Techniques\*** | **Unobservable<br>Input** | **Price or Price<br>Range** | **Average<br>Weighted<br>Price** | **Input to<br>Valuation<br>If Input<br>Increases** |
|  Bank Loans | $0 | Fair Value | Broker Pricing | $0.000 | $0.000 | Increase |
|  Warrants | $4 | Fair Value | Broker Pricing | $0.000 | $0.000 | Increase |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **INVESTMENT GRADE CREDIT FUND** | **Fair Value<br>at 12/31/2025** | **Valuation<br>Techniques\*** | **Unobservable<br>Input** | **Price or Price<br>Range** | **Average<br>Weighted<br>Price** | **Input to<br>Valuation<br>If Input<br>Increases** |
|  Asset-Backed Securities | $27124 | Broker Quote | Offered Quote | $94.566 | $94.566 | Increase |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **LOW DURATION BOND FUND** | **Fair Value<br>at 12/31/2025** | **Valuation<br>Techniques\*** | **Unobservable<br>Input** | **Price or Price<br>Range** | **Average<br>Weighted<br>Price** | **Input to<br>Valuation<br>If Input<br>Increases** |
|  Asset-Backed Securities | $4611103 | Broker Quote | Offered Quote | $94.566 | $94.566 | Increase |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **STRATEGIC INCOME FUND** | **Fair Value<br>at 12/31/2025** | **Valuation<br>Techniques\*** | **Unobservable<br>Input** | **Price or Price<br>Range** | **Average<br>Weighted<br>Price** | **Input to<br>Valuation<br>If Input<br>Increases** |
|  Asset-Backed Securities | $50858 | Broker Quote | Offered Quote | $94.566 | $94.566 | Increase |
|  Asset-Backed Securities | $25 | Fair Value | Zero Market Value | $0.010 | $0.010 | Increase |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **TOTAL RETURN BOND FUND** | **Fair Value<br>at 12/31/2025** | **Valuation<br>Techniques\*** | **Unobservable<br>Input** | **Price or Price<br>Range** | **Average<br>Weighted<br>Price** | **Input to<br>Valuation<br>If Input<br>Increases** |
|  Asset-Backed Securities | $34149565 | Broker Quote | Offered Quote | $94.566-$100.000 | $96.457 | Increase |
|  Residential Mortgage-Backed Securities — Non-Agency | $0 | Fair Value | Zero Market Value | $0.000 | $0.000 | Increase |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **UNCONSTRAINED BOND FUND** | **Fair Value<br>at 12/31/2025** | **Valuation<br>Techniques\*** | **Unobservable<br>Input** | **Price or Price<br>Range** | **Average<br>Weighted<br>Price** | **Input to<br>Valuation<br>If Input<br>Increases** |
|  Asset-Backed Securities | $25379058 | Broker Quote | Offered Quote | $94.566-$100.000 | $98.443 | Increase |
|  Asset-Backed Securities | $1 | Fair Value | Zero Market Value | $0.000 | $0.000 | Increase |

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**Note 2 – Portfolio Investments** 

**Mortgage-Backed Securities:** The Funds may invest in MBS which represent interests in pools of mortgages in which payments of both principal and interest on the securities are generally made monthly, in effect "passing through" monthly payments made by borrowers on the residential or commercial mortgage loans which underlie the securities (net of any fees paid to the issuer or guarantor of the securities). Mortgage pass-through securities differ from other forms of debt securities which normally provide for periodic payment of interest in fixed amounts with principal payments at maturity or specified call dates. The Funds may also invest in Collateralized Mortgage Obligations ("CMOs"). CMOs are debt obligations collateralized by residential or commercial mortgage loans or residential or commercial mortgage pass-through securities. Interest and principal are generally paid monthly. CMOs may be collateralized by whole mortgage loans or private mortgage pass-through securities but are more typically collateralized by portfolios of mortgage pass-through securities guaranteed by the Government National Mortgage Association (Ginnie Mae), Federal Home Loan Mortgage Corporation (Freddie Mac), or Federal National Mortgage Corporation (Fannie Mae). The issuer of a series of CMOs may elect to be treated for tax purposes as a Real Estate Mortgage Investment Conduit. CMOs are structured into multiple classes, each bearing a different stated maturity. Monthly payment of principal received from the pool of underlying mortgages, including prepayments, is first returned to investors holding the shortest maturity class. Investors holding the longer maturity classes usually receive principal only after shorter classes have been retired. An investor may be partially protected against a sooner than desired return of principal because of the sequential payments. The Funds may invest in stripped MBS. Stripped MBS are usually structured with two classes that receive different proportions of the interest and principal distributions on a pool of mortgage assets. In certain cases, one class will receive all of the interest (the interest only or "IO" class), while the other class will receive all of the principal (the principal only or "PO" class). The yield to maturity on IOs is sensitive to the rate of principal repayments (including prepayments) on the related underlying mortgage assets, and principal payments may have a material effect on yield to maturity. If the underlying mortgage assets experience greater than anticipated prepayments of principal, a Fund may not fully recoup its initial investment in IOs.

**Inflation-Indexed Bonds:** The Funds may invest in inflation-indexed bonds, which are fixed income securities whose principal value or coupon is periodically adjusted according to the rate of inflation. Any increase or decrease in the principal amount of an inflation-indexed bond will be included as interest income.

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Inflation-indexed securities issued by the U.S. Treasury have maturities of five, ten, twenty, or thirty years, although it is possible that securities with other maturities will be issued in the future. The U.S. Treasury securities pay interest on a semi-annual basis, equal to a fixed percentage of the inflation-adjusted principal amount.

If the periodic adjustment rate measuring inflation falls, the principal value of inflation-indexed bonds will be adjusted downward, and consequently the interest payable on these securities (calculated with respect to a smaller principal amount) will be reduced. Repayment of the original bond principal upon maturity (as adjusted for inflation) is guaranteed in the case of U.S. Treasury inflation-indexed bonds, even during a period of deflation. However, the current market value of the bonds is not guaranteed, and will fluctuate. The Funds may also invest in other inflation-related bonds which may or may not provide a similar guarantee. If a guarantee of principal is not provided, the adjusted principal value of the bond repaid at maturity may be less than the original principal.

The value of inflation-indexed bonds is expected to change in response to changes in real interest rates. Real interest rates in turn are tied to the relationship between nominal interest rates and the rate of inflation. Therefore, if inflation were to rise at a faster rate than nominal interest rates, real interest rates might decline, leading to an increase in value of inflation-indexed bonds. In contrast, if nominal interest rates increased at a faster rate than inflation, real interest rates might rise, leading to a decrease in value of inflation-indexed bonds.

While the values of these securities are expected to be protected from long-term inflationary trends, short-term increases in inflation may lead to declines in values. If interest rates rise due to reasons other than inflation (for example, due to changes in currency exchange rates), investors in these securities may not be protected to the extent that the increase is not reflected in the bond's inflation measure.

**When-Issued, Delayed-Delivery, To Be Announced ("TBA") and Forward Commitment Transactions:** The Funds may enter into when-issued, delayed-delivery, TBA or forward commitment transactions in order to lock in the purchase price of the underlying security or to adjust the interest rate exposure of each Fund's existing portfolio. In when-issued, delayed-delivery, TBA or forward commitment transactions, a Fund commits to purchase or sell particular securities, with payment and delivery to take place at a future date. Although the Fund does not pay for the securities or start earning interest on them until they are delivered, it immediately assumes the risks of ownership, including the risk of price fluctuation. If a Fund's counterparty fails to deliver a security purchased on a when-issued, delayed-delivery, TBA or forward commitment basis, there may be a loss, and the Fund may have missed an opportunity to make an alternative investment.

Prior to settlement of these transactions, the value of the subject securities will fluctuate with market conditions. In addition, because the Fund is not required to pay for when-issued, delayed-delivery, TBA or forward commitment securities until the delivery date, they may result in a form of leverage to the extent the Fund does not set aside liquid assets to cover the commitment. To guard against this deemed leverage, the Fund monitors the obligations under these transactions on a daily basis and ensures that the Fund has sufficient liquid assets to cover them.

**Dollar Roll Transactions:** The Funds may enter into dollar roll transactions with financial institutions to take advantage of opportunities in the MBS market. A dollar roll transaction involves a simultaneous sale of securities by a Fund with an agreement to repurchase substantially similar securities at an agreed upon price and date, but generally will be collateralized at time of delivery by different pools of mortgages with different prepayment histories than those securities sold. These transactions are accounted for as financing transactions as opposed to sales and purchases. The differential between the sale price and the repurchase price is recorded as deferred income and recognized between the settlement dates of the sale and repurchase. During the period between the sale and repurchase, a Fund will not be entitled to receive interest and principal payments on the securities sold. Dollar roll transactions involve risk that the market value of the security sold by a Fund may decline below the repurchase price of the security and the counterparties may potentially be unable to complete the transaction. There were no such transactions by the Funds for the period ended December 31, 2025.

**Repurchase Agreements:** The Funds may enter into repurchase agreements under the terms of a Master Repurchase Agreement ("MRA"). In a repurchase agreement, the Funds purchase a security from a counterparty who agrees to repurchase the same security at a mutually agreed upon date and price. The MRA permits each Fund, under certain circumstances including an event of default (such as bankruptcy or insolvency), to offset payables and/or receivables

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under the MRA with collateral held and/or posted to the counterparty and create one single net payment due to or from each Fund. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against such a right of offset in the event of the MRA counterparty's bankruptcy or insolvency. Pursuant to the terms of the MRA, each Fund receives securities as collateral with a market value in excess of the repurchase price. Upon a bankruptcy or insolvency of the MRA counterparty, the Fund recognizes a liability with respect to such excess collateral to reflect the Fund's obligation under bankruptcy law to return the excess to the counterparty. There were no repurchase agreements outstanding as of December 31, 2025.

**Reverse Repurchase Agreements:** The Funds may enter into reverse repurchase agreements. Under a reverse repurchase agreement, a Fund sells portfolio assets subject to an agreement by the Fund to repurchase the same assets at an agreed upon price and date. The Funds may utilize reverse repurchase agreements when it is anticipated that the interest income to be earned from the investment of the proceeds of the transaction is greater than the interest expense of the transaction. During the term of the reverse repurchase agreement, the Funds continue to receive the principal and interest payments on the securities sold. There were no reverse repurchase agreements outstanding during the period ended December 31, 2025.

**Securities Lending:** The Funds may lend their securities to qualified brokers. The loans must be collateralized at all times primarily with cash although the Funds can accept money market instruments or U.S. Government securities with a market value at least equal to the market value of the securities on loan. As with any extensions of credit, the Funds may bear the risk of delay in recovery or even loss of rights in the collateral if the borrowers of the securities fail financially. The Funds earn additional income for lending their securities by investing the cash collateral in short-term investments. The Funds did not lend any securities during the period ended December 31, 2025.

**Derivatives:** 

**Forward Currency Exchange Contracts:** The Funds enter into forward currency exchange contracts as a hedge against fluctuations in foreign exchange rates. Forward currency exchange contracts are marked-to-market daily and the change in market value is recorded by the Funds as unrealized gains or losses in the Statement of Assets and Liabilities. When a contract is closed or delivery is taken, a Fund records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of the foreign currency relative to the U.S. dollar. Outstanding forward currency exchange contracts at December 31, 2025 are disclosed in the Schedules of Investments.

**Futures Contracts:** The Funds may enter into futures contracts. A Fund may seek to manage a variety of different risks through the use of futures contracts, such as interest rate risk, equity price risk, and currency risk. A Fund may use index futures to hedge against broad market risks to its portfolio or to gain broad market exposure. Securities index futures contracts are contracts to buy or sell units of a securities index at a specified future date at a price agreed upon when the contract is made, and are settled in cash. Positions in futures may be closed out only on an exchange or board of trade which provides a secondary market for such futures. Because futures contracts are exchange-traded, they typically have minimal exposure to counterparty risk. Parties to a futures contract are not required to post the entire notional amount of the contract, but rather a small percentage of that amount (by way of margin), both at the time they enter into futures transactions, and then on a daily basis if their positions decline in value; as a result, futures contracts are highly leveraged. Such payments are known as variation margin and are recorded by a Fund as unrealized gains or losses. Because futures markets are highly leveraged, they can be extremely volatile, and there can be no assurance that the pricing of a futures contract will correlate precisely with the pricing of the asset or index underlying it or the asset or liability of a Fund that is the subject of the hedge. It may not always be possible for a Fund to enter into a closing transaction with respect to a futures contract it has entered into at a favorable time or price. When a Fund enters into a futures transaction, it is subject to the risk that the value of the futures contract will move in a direction unfavorable to it.

When a Fund uses futures contracts for hedging purposes, it is likely that the Fund will have an asset or liability that will offset any loss (or gain) on the transactions, at least in part. When a futures contract is closed, the Fund records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed. Futures contracts outstanding at December 31, 2025 are listed on the Schedule of Investments.

------

**Options:** The Funds may purchase and sell put and call options on a security or an index of securities to enhance investment performance and/or to protect against changes in market prices. The Funds may also enter into currency options to hedge against or to take advantage of currency fluctuations.

A call option gives the holder the right to purchase, and obligates the writer to sell, a security at the strike price at any time before the expiration date. A put option gives the holder the right to sell, and obligates the writer to buy, a security at the exercise price at any time before the expiration date. A Fund may purchase put options to protect portfolio holdings against a decline in market value of a security or securities held by it. A Fund may also purchase a put option hoping to profit from an anticipated decline in the value of the underlying security. If a Fund holds the security underlying the option, the option premium and any transaction costs will reduce any profit the Fund might have realized had it sold the underlying security instead of buying the put option. A Fund may purchase call options to hedge against an increase in the price of securities that the Fund ultimately wants to buy. A Fund may also purchase a call option as a long directional investment hoping to profit from an anticipated increase in the value of the underlying security. In order for a call option to be profitable, the market price of the underlying security must rise sufficiently above the exercise price to cover the premium and transaction costs. These costs will reduce any profit a Fund might have realized had it bought the underlying security at the time it purchased the call option.

Purchasing foreign currency options gives a Fund the right, but not the obligation, to buy or sell specified amounts of currency at a rate of exchange that may be exercised by a certain date. These currency options may be used as a short or long hedge against possible variations in foreign exchange rates or to gain exposure to foreign currencies.

When a Fund purchases an option, it runs the risk that it will lose its entire investment in the option in a relatively short period of time, unless the Fund exercises the option or enters into a closing sale transaction before the option's expiration. If the price of the underlying security does not rise (in the case of a call) or fall (in the case of a put) to an extent sufficient to cover the option premium and transaction costs, the Fund will lose part or all of its investment in the option. Premiums paid for purchasing options that expire are treated as realized losses.

Options purchased or sold by a Fund may be traded on a securities or options exchange. Such options typically have minimal exposure to counterparty risk. However, an exchange or market may at times find it necessary to impose restrictions on particular types of options transactions, such as opening transactions. If an underlying security ceases to meet qualifications imposed by an exchange or the Options Clearing Corporation, new series of options on that security will no longer be opened to replace the expiring series, and opening transactions in existing series may be prohibited.

OTC options are options not traded on exchanges or backed by clearinghouses. Rather, they are entered into directly between a Fund and the counterparty to the option. In the case of an OTC option purchased by a Fund, the value of the option to the Fund will depend on the willingness and ability of the option writer to perform its obligations to the Fund. In addition, OTC options may not be transferable and there may be little or no secondary market for them, so they may be considered illiquid. It may not be possible to enter into closing transactions with respect to OTC options or otherwise to terminate such options, and as a result a Fund may be required to remain obligated on an unfavorable OTC option until its expiration.

**Swap Agreements:** The Funds may enter into swap agreements. Swap agreements are typically two-party contracts entered into primarily by institutional investors. In a standard "swap" transaction, two parties agree to exchange the returns (or differentials in rates of return) earned or realized on particular predetermined investments or instruments, which may be adjusted for an interest factor. The gross returns to be exchanged or "swapped" between the parties are generally calculated with respect to a "notional amount" (i.e., the return on or increase in value of a particular dollar amount invested at a particular interest rate or in a "basket" of securities representing a particular index).

In a total return swap, one party typically agrees to pay to the other a short-term interest rate in return for a payment at one or more times in the future based on the increase in the value of an underlying security or other asset, or index of securities or assets; if the underlying security, asset, or index declines in value, the party that pays the short-term interest rate must also pay to its counterparty a payment based on the amount of the decline. A Fund may take either side of such a swap, and so may take a long or short position in the underlying security, asset, or index. A Fund may enter into a total return swap to hedge against an exposure in its portfolio — such as interest rate risk (including to adjust the duration or credit quality of a Fund's bond portfolio), equity risk, or credit risk — or generally to put cash to work efficiently in the markets in anticipation of, or as a replacement for, cash investments. A Fund may also enter into a total return swap to gain exposure to securities or markets in which it might not be able to invest directly (in so-called market access transactions).

------

Interest rate swaps are agreements in which one party pays a floating rate of interest on a notional principal amount and receives a fixed rate of interest on the same notional principal amount for a specified period of time. Alternatively, a party may pay a fixed rate and receive a floating rate. In more complex swaps, the notional principal amount may decline (or amortize) over time. A Fund's maximum risk of loss due to counterparty default is the discounted NAV of the cash flows paid to/received from the counterparty over the interest rate swap's remaining life.

The Funds may write (sell) and purchase put and call swaptions. Swaption contracts written by the Funds represent an option that gives the purchaser the right, but not the obligation, to enter into a new swap agreement, or to shorten, extend, cancel or modify an existing swap agreement, on a future date on specified terms. See "Swap Agreements" below. Depending on the terms of the particular option agreement, a Fund will generally incur a greater degree of risk when it writes a swaption than it will incur when it purchases a swaption. When a Fund purchases a swaption, it risks losing only the amount of the premium it has paid should it decide to let the option expire unexercised. However, when a Fund writes swaption, upon exercise of the option the Fund will become obligated according to the terms of the underlying agreement. Purchased swaptions held at December 31, 2025 are disclosed in the Schedules of Investments.

A Fund may enter into credit default swap transactions as a "buyer" or "seller" of credit protection. In a credit default swap, one party provides what is in effect insurance against a default or other adverse credit event affecting an issuer of debt securities (typically referred to as a "reference entity"). In general, the buyer of credit protection is obligated to pay the protection seller an upfront amount or a periodic stream of payments over the term of the swap. If a "credit event" occurs, the buyer has the right to deliver to the seller bonds (or other obligations of the reference entity with a value up to the full notional value of the swap), and to receive a payment equal to the par value of the bonds or other obligations. Credit events that would trigger a request that the seller make payment are specific to each credit default swap agreement, but generally include bankruptcy, failure to pay, restructuring, obligation acceleration, obligation default, or repudiation/moratorium. When a Fund buys protection, it may or may not own securities of the reference entity. When a Fund sells protection under a credit default swap, the position may have the effect of creating leverage in the Fund's portfolio through the Fund's indirect long exposure to the issuer or securities on which the swap is written. When a Fund sells protection, it may do so either to earn additional income or to create such a "synthetic" long position.

Whenever a Fund enters into a swap agreement, it takes on counterparty risk—the risk that its counterparty will be unable or unwilling to meet its obligations under the swap agreement. A Fund also takes the risk that the market will move against its position in the swap agreement. In the case of a total return swap, the swap will change in value depending on the change in value of the asset or index on which the swap is written. When a Fund enters into any type of swap for hedging purposes, it is likely that the Fund will have an asset or liability that will offset any loss (or gain) on the swap, at least in part. Swap agreements may be non-transferable or otherwise highly illiquid, and a Fund may not be able to terminate or transfer a swap agreement at any particular time or at an acceptable price.

During the term of a swap transaction, changes in the value of the swap are recognized as unrealized gains or losses by marking-to-market to reflect the market value of the swap. When the swap is terminated, a Fund will record a realized gain or loss equal to the difference, if any, between the proceeds from (or cost of) the closing transaction and the Fund's basis in the agreement. Upfront swap premium payments paid or received by a Fund, if any, are recorded within the value of the open swap agreement on the Fund's Statement of Assets and Liabilities and represent payments paid or received upon entering into the swap agreement to compensate for differences between stated terms of the swap agreement and prevailing market conditions (credit spreads, currency exchange rates, and other relevant factors). These upfront payments are recorded as realized gains or losses on each Fund's Statement of Operations upon termination or maturity of the swap agreement.

During the term of a swap transaction, the periodic net payments can be made for a set period of time or may be triggered by a predetermined credit event. The net periodic payments may be based on a fixed or variable interest rate, the change in market value of a specified security, basket of securities or index, or the return generated by a security. These periodic payments received or made by the Funds are recorded as realized gains and losses, respectively.

------

**Note 3 – Transactions with Affiliates** 

The summary of each Fund's transactions in affiliated funds for the period ended December 31, 2025 is listed after the Schedule of Investments.

**Note 4 – Restricted Securities** 

The Funds are permitted to invest in securities that have legal or contractual restrictions on resale. These securities may be sold privately, but are required to be registered before being sold to the public (exemption rules apply). Private placement securities are generally considered to be restricted except for those securities traded between qualified institutional investors under the provisions of Rule 144A of the Securities Act of 1933, as amended (the "Securities Act"). However, the Company considers 144A securities to be restricted if those securities have been deemed illiquid. Disposal of these securities may involve time-consuming negotiations and expense, and prompt sale at an acceptable price may be difficult. Restricted securities held by the Funds at December 31, 2025 are listed below:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issuer Description** | **Acquisition<br>Date** | **Acquisition<br>Cost** | **Aggregate<br>Value** | **Percentage of<br>Net Assets** |
|  **High Yield Bond Fund** |  |  |  |  |
|  ModivCare, Inc., 5.00%, 10/01/29 | 02/23/23 | $3085182 | $54416 | 0.01% |
|  |  | $3085182 | $54416 | 0.01% |
| **Issuer Description** | **Acquisition<br>Date** | **Acquisition<br>Cost** | **Aggregate<br>Value** | **Percentage of<br>Net Assets** |
|  **Investment Grade Credit Fund** |  |  |  |  |
|  JPMorgan Chase Commercial Mortgage Securities Trust, Series 2010-C2, Class XB (I/O), 1.30%, 11/15/43 | 07/03/18 | $16221 | $4 | 0.00% |
|  |  | $16221 | $4 | 0.00% |
| **Issuer Description** | **Acquisition<br>Date** | **Acquisition<br>Cost** | **Aggregate<br>Value** | **Percentage of<br>Net Assets** |
|  **Low Duration Bond Fund** |  |  |  |  |
|  Alliant Energy Finance LLC, 1.40%, 03/15/26 | 08/06/24 | $6539524 | $6497621 | 0.74% |
|  ModivCare, Inc., 5.00%, 10/01/29 | 08/06/24 | $635783 | $13640 | 0.00% |
|  |  | $7175307 | $6511261 | 0.74% |
| **Issuer Description** | **Acquisition<br>Date** | **Acquisition<br>Cost** | **Aggregate<br>Value** | **Percentage of<br>Net Assets** |
|  **Strategic Income Fund** |  |  |  |  |
|  ModivCare, Inc., 5.00%, 10/01/29 | 08/10/21 | $136789 | $2426 | 0.00% |
|  |  | $136789 | $2426 | 0.00% |
| **Issuer Description** | **Acquisition<br>Date** | **Acquisition<br>Cost** | **Aggregate<br>Value** | **Percentage of<br>Net Assets** |
|  **Total Return Bond Fund** |  |  |  |  |
|  BAMLL Commercial Mortgage Securities Trust Series 2018-PARK, Class A, 4.23%, 08/10/38 | 08/23/18 | $125063210 | $120597206 | 0.39% |
|  SHOW Trust Series 2022-BIZ, Class A, 7.20% (1 mo. USD Term SOFR + 2.984%), 01/15/27 | 02/24/22 | 68000000 | 44252636 | 0.14% |
|  ModivCare, Inc., 5.00%, 10/01/29 | 04/28/23 | 36470414 | 664871 | 0.00% |
|  |  | $229533624 | $165514713 | 0.53% |
| **Issuer Description** | **Acquisition<br>Date** | **Acquisition<br>Cost** | **Aggregate<br>Value** | **Percentage of<br>Net Assets** |
|  **Unconstrained Bond Fund** |  |  |  |  |
|  Invesco U.S. CLO Ltd. Series 2024-4A, Class Y, 0.05%, 01/15/38 | 11/25/24 | $0 | $1 | 0.00% |
|  ModivCare, Inc., 5.00%, 10/01/29 | 04/25/23 | 4536476 | 82719 | 0.00% |
|  New Mountain CLO 8 Ltd. Series CLO-8A, Class M, 0.00%, 10/20/38 | 09/16/25 | 65 | 0 | 0.00% |
|  |  | $4536541 | $82720 | 0.00% |

---

------

**Note 5 – Commitments and Contingencies** 

The following Funds had unfunded commitments and unrealized gain (loss) by investment as of December 31, 2025:

**High Yield Bond Fund** 

---

| | | | |
|:---|:---|:---|:---|
| **UNFUNDED COMMITMENTS** | **MATURITY** | **AMOUNT** | **UNREALIZED<br>GAIN (LOSS)** |
|  American Rock Salt Company LLC, 2024 First Out Delayed Draw Term | 06/09/28 | $234814 | $(1761) |
|  Kelso Industries LLC, Delayed Draw Term Loan | 12/30/29 | 10444 | 26 |
|  |  | 245258 | (1735) |

---

**Low Duration Bond Fund** 

---

| | | | |
|:---|:---|:---|:---|
| **UNFUNDED COMMITMENTS** | **MATURITY** | **AMOUNT** | **UNREALIZED<br>GAIN (LOSS)** |
|  GC Ferry Acquisition I, Inc., Delayed Draw Term Loan | 08/16/32 | $5522 | $— |
|  Kelso Industries LLC, Delayed Draw Term Loan | 12/30/29 | 2507 | 6 |
|  |  | 8029 | 6 |

---

**Total Return Bond Fund** 

---

| | | | |
|:---|:---|:---|:---|
| **UNFUNDED COMMITMENTS** | **MATURITY** | **AMOUNT** | **UNREALIZED<br>GAIN (LOSS)** |
|  GC Ferry Acquisition I Inc., Delayed Draw Term Loan | 08/16/32 | 350997 | (23) |
|  Kelso Industries LLC, Delayed Draw Term Loan | 12/30/29 | 135986 | 340 |
|  |  | 486983 | 317 |

---

**Unconstrained Bond Fund** 

---

| | | | |
|:---|:---|:---|:---|
| **UNFUNDED COMMITMENTS** | **MATURITY** | **AMOUNT** | **UNREALIZED<br>GAIN (LOSS)** |
|  American Rock Salt Company LLC, 2024 First Out Delayed Draw Term | 06/09/28 | $152354 | $(1143) |
|  GC Ferry Acquisition I Inc., Delayed Draw Term Loan | 08/16/32 | 76340 | (5) |
|  Kelso Industries LLC, Delayed Draw Term Loan | 12/30/29 | 13787 | 34 |
|  |  | 242481 | (1114) |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** TCW Metropolitan West Funds

- **b. Investment Company Act file number:** 811-07989

- **c. CIK number of Registrant:** 0001028621

- **d. LEI of Registrant:** 549300KGDNJW6FXNDC82

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

  - **Street Address 1:** 515 South Flower Street

  - **City:** Los Angeles

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90071

  - **Telephone number:** 213-244-0000

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

- **a. Name of Series:** TCW METWEST TOTAL RETURN BOND FUND

- **b. EDGAR series identifier (if any):** S000001147

- **c. LEI of Series:** 549300APUP7QV16M4J34

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $34262351038.14

**Total Liabilities:** $3197882116.68

**Net Assets:** $31064468921.46

**Amount of Assets Invested in Other Investment Companies:** $267988634.25

**Delayed Delivery Securities:** $139502390.69

**Cash Not Reported:** $106490326.80

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -29263.37000000 | **1-Year:** -368273.57000000 | **5-Year:** -1115534.90000000 | **10-Year:** -1223828.42000000 | **30-Year:** -372818.14000000

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

- **3-Month:** -14074.11000000 | **1-Year:** -288535.84000000 | **5-Year:** -622879.17000000 | **10-Year:** -361809.85000000 | **30-Year:** -20545.75000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000003065 | 0.70%                | 0.60%                | -0.30%               |
| Class ID C000003066 | 0.68%                | 0.58%                | -0.32%               |
| Class ID C000058170 | 0.67%                | 0.57%                | -0.33%               |
| Class ID C000102908 | 0.74%                | 0.62%                | -0.27%               |
| Class ID C000218401 | 0.69%                | 0.59%                | -0.31%               |
| Class ID C000263829 | 0.75%                | 0.66%                | -0.40%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $36317316.26             | $61249765.08                               |
| Month 2  | $55670663.15             | $29306374.28                               |
| Month 3  | $-17710687.76            | $-158411842.03                             |

**Designated Index Information**

- **Index Name:** Bloomberg U.S. Aggregate Bond Index

- **Index Identifier:** LBUSSTAT

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Asset Backed Funding Certificates                                       | ABFC 2006-OPT3 Trust                                                            | CUSIP: 00075VAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   37144816 | PA      | $15272945.59   | 0.05%             | 2036-11-25      | Floating      | 4.17%                 | No            |                  2 | On Loan: No      |
| ABG Intermediate Holdings 2 LLC                                         | ABG Intermediate Holdings 2 LLC 2024 1st Lien Term Loan B                       | CUSIP: 00076VBL3<br>LEI: 54930020NXD0RJB64985 | Long             | LON              | CORP              | US        |    3296224 | PA      | $3305305.22    | 0.01%             | 2028-12-21      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| AI Aqua Merger Sub Inc                                                  | AI Aqua Merger Sub Inc 2024 1st Lien Term Loan B                                | CUSIP: 00132UAP9<br>LEI: 5493005QMH1D47U26R45 | Long             | LON              | CORP              | US        |    2807792 | PA      | $2817142.34    | 0.01%             | 2028-07-31      | Floating      | 6.87%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                                                              | AMSR 2021-SFR1 Trust                                                            | CUSIP: 00179DAH9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   15250000 | PA      | $14616877.95   | 0.05%             | 2038-06-17      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| Aames Mortgage Trust                                                    | Aames Mortgage Trust 2002-1                                                     | CUSIP: 00253CHQ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      12924 | PA      | $12784.56      | 0.00%             | 2032-06-25      | Variable      | 7.40%                 | No            |                  2 | On Loan: No      |
| Ace Securities Corp.                                                    | ACE Securities Corp Home Equity Loan Trust Series 2006-HE3                      | CUSIP: 00441TAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2037764 | PA      | $1518516.56    | 0.00%             | 2036-06-25      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| Ace Securities Corp.                                                    | ACE Securities Corp Home Equity Loan Trust Series 2004-IN1                      | CUSIP: 004421FD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      98706 | PA      | $93792.24      | 0.00%             | 2034-05-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| Ace Securities Corp.                                                    | ACE Securities Corp Home Equity Loan Trust Series 2007-ASAP2                    | CUSIP: 00442UAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   22146181 | PA      | $16249428.41   | 0.05%             | 2037-06-25      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| The Action Environmental Group Inc                                      | The Action Environmental Group Inc 2023 Term Loan B                             | CUSIP: 00507JAF3<br>LEI: 549300BB30QUQC86W666 | Long             | LON              | CORP              | US        |    2217826 | PA      | $2224767.47    | 0.01%             | 2030-10-24      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Adjustable Rate Mortgage Trust                                          | Adjustable Rate Mortgage Trust 2005-10                                          | CUSIP: 007036TP1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     111730 | PA      | $106858.06     | 0.00%             | 2036-01-25      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| Adjustable Rate Mortgage Trust                                          | Adjustable Rate Mortgage Trust 2007-3                                           | CUSIP: 00703RAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   24140821 | PA      | $15193279.29   | 0.05%             | 2037-11-25      | Variable      | 6.05%                 | No            |                  2 | On Loan: No      |
| ADMI Corp                                                               | ADMI Corp 2021 Term Loan B2                                                     | CUSIP: 00709LAH0<br>LEI: 5493008U1LYGMQWO7N12 | Long             | LON              | CORP              | US        |    3778189 | PA      | $3585746.94    | 0.01%             | 2027-12-23      | Floating      | 7.21%                 | No            |                  2 | On Loan: No      |
| ADMI Corp                                                               | ADMI Corp 2021 Incremental Term Loan B3                                         | CUSIP: 00709LAJ6<br>LEI: 5493008U1LYGMQWO7N12 | Long             | LON              | CORP              | US        |    3332331 | PA      | $3169880.09    | 0.01%             | 2027-12-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Advantage Sales & Marketing Inc                                         | Advantage Sales & Marketing Inc 2024 Term Loan                                  | CUSIP: 00769EBA7<br>LEI: 549300T4O24KQDED1182 | Long             | LON              | CORP              | US        |    4417231 | PA      | $3695014.04    | 0.01%             | 2027-10-28      | Floating      | 8.45%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MAV7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   11203000 | PA      | $11058929.42   | 0.04%             | 2026-10-29      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MAW5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   58242000 | PA      | $56499399.36   | 0.18%             | 2028-10-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                          | Air Lease Corp                                                                  | CUSIP: 00912XBF0<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $2009120.00    | 0.01%             | 2028-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                          | Air Lease Corp                                                                  | CUSIP: 00914AAE2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    2090000 | PA      | $1998353.50    | 0.01%             | 2029-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                          | Air Lease Corp                                                                  | CUSIP: 00914AAJ1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   10055000 | PA      | $10047458.75   | 0.03%             | 2026-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                          | Air Lease Corp                                                                  | CUSIP: 00914AAR3<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   18695000 | PA      | $18323343.40   | 0.06%             | 2027-01-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Ajax Mortgage Loan Trust                                                | Ajax Mortgage Loan Trust 2019-F                                                 | CUSIP: 00969PAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      59072 | PA      | $57946.49      | 0.00%             | 2059-07-25      | Variable      | 2.86%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY CORP                                                     | Alliant Energy Corp                                                             | CUSIP: 018802AF5<br>LEI: 5493009ML300G373MZ12 | Long             | DBT              | CORP              | US        |   26430000 | PA      | $26400134.10   | 0.08%             | 2056-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE                                                  | Alliant Energy Finance LLC                                                      | CUSIP: 01882YAD8<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |    4515000 | PA      | $4205632.20    | 0.01%             | 2032-03-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE                                                  | Alliant Energy Finance LLC                                                      | CUSIP: 01882YAE6<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |    4120000 | PA      | $4309726.00    | 0.01%             | 2029-03-30      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                               | Uniform Mortgage-Backed Security, TBA                                           | CUSIP: 01F020612<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  162200000 | PA      | $131274623.60  | 0.42%             | 2055-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                               | Uniform Mortgage-Backed Security, TBA                                           | CUSIP: 01F022618<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  154650000 | PA      | $130883851.95  | 0.42%             | 2055-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                               | Uniform Mortgage-Backed Security, TBA                                           | CUSIP: 01F030611<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  131700000 | PA      | $116518941.00  | 0.38%             | 2056-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                               | Uniform Mortgage-Backed Security, TBA                                           | CUSIP: 01F032617<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   24300000 | PA      | $22469493.15   | 0.07%             | 2056-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                               | Uniform Mortgage-Backed Security, TBA                                           | CUSIP: 01F032625<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  199850000 | PA      | $184200445.98  | 0.59%             | 2056-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                               | Uniform Mortgage-Backed Security, TBA                                           | CUSIP: 01F040610<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  168925000 | PA      | $160271563.49  | 0.52%             | 2056-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                               | Uniform Mortgage-Backed Security, TBA                                           | CUSIP: 01F042616<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  142575000 | PA      | $139189414.05  | 0.45%             | 2055-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                               | Uniform Mortgage-Backed Security, TBA                                           | CUSIP: 01F050619<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   96125000 | PA      | $95892137.19   | 0.31%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                               | Uniform Mortgage-Backed Security, TBA                                           | CUSIP: 01F052615<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  158475000 | PA      | $160710289.88  | 0.52%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Alpha Generation LLC                                                    | Alpha Generation LLC Term Loan B                                                | CUSIP: 02072UAC6<br>LEI: 254900K5V62L4YGVKF49 | Long             | LON              | CORP              | US        |    7122030 | PA      | $7153545.09    | 0.02%             | 2031-09-30      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                                        | Altice France SA                                                                | CUSIP: 02090DAA6<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |     703549 | PA      | $724233.34     | 0.00%             | 2029-11-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                                        | Altice France SA                                                                | CUSIP: 02090DAD0<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |     920924 | PA      | $884621.18     | 0.00%             | 2032-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ALTA WIND HOLDINGS LLC                                                  | Alta Wind Holdings LLC                                                          | CUSIP: 021345AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2923028 | PA      | $2946002.96    | 0.01%             | 2035-06-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan Trust                                      | Alternative Loan Trust 2006-HY13                                                | CUSIP: 02149DAN9<br>LEI: 5493004SLAYUFMHIS127 | Long             | ABS-MBS          | CORP              | US        |     557158 | PA      | $500508.26     | 0.00%             | 2037-02-25      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan Trust                                      | Alternative Loan Trust 2007-J1                                                  | CUSIP: 02149MAP4<br>LEI: 5493004SLAYUFMHIS127 | Long             | ABS-MBS          | CORP              | US        |     517031 | PA      | $138373.45     | 0.00%             | 2037-03-25      | Floating      | 4.05%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING SA                                                     | Altice Financing SA                                                             | CUSIP: 02154CAJ2<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |    9869000 | PA      | $7612157.08    | 0.02%             | 2027-07-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                        | Altria Group Inc                                                                | CUSIP: 02209SBN2<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |     995000 | PA      | $705315.70     | 0.00%             | 2051-02-04      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                          | Amazon.com Inc                                                                  | CUSIP: 023135CW4<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |   22235000 | PA      | $21744051.20   | 0.07%             | 2055-11-20      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AMCOR FLEXIBLES NORTH AM                                                | Amcor Flexibles North America Inc                                               | CUSIP: 02344AAG3<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |   19322000 | PA      | $19844466.88   | 0.06%             | 2030-03-17      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| AMCOR FLEXIBLES NORTH AM                                                | Amcor Flexibles North America Inc                                               | CUSIP: 02344AAH1<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |   10020000 | PA      | $10370700.00   | 0.03%             | 2035-03-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 17-2 AA PTT                                                | American Airlines 2017-2 Class AA Pass Through Trust                            | CUSIP: 02376AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11848989 | PA      | $11463778.43   | 0.04%             | 2029-10-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| AMERICAN ASSETS TRUST LP                                                | American Assets Trust LP                                                        | CUSIP: 02401LAA2<br>LEI: 549300V1TI0SMG9Z6U69 | Long             | DBT              |  | US        |    1704000 | PA      | $1554644.40    | 0.01%             | 2031-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN ASSETS TRUST LP                                                | American Assets Trust LP                                                        | CUSIP: 02401LAB0<br>LEI: 549300V1TI0SMG9Z6U69 | Long             | DBT              |  | US        |    6925000 | PA      | $7037323.50    | 0.02%             | 2034-10-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                                                 | American Electric Power Co Inc                                                  | CUSIP: 02557TAE9<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   58030000 | PA      | $57634815.70   | 0.19%             | 2056-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                                                 | American Electric Power Co Inc                                                  | CUSIP: 02557TAF6<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   11615000 | PA      | $11426720.85   | 0.04%             | 2056-03-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                     | American Express Co                                                             | CUSIP: 025816EK1<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   15935000 | PA      | $16225017.00   | 0.05%             | 2033-07-20      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| American Home Mortgage Assets                                           | American Home Mortgage Assets Trust 2007-1                                      | CUSIP: 02660BAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   43048924 | PA      | $14766727.90   | 0.05%             | 2047-02-25      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| American Home Mortgage Investment Trust                                 | American Home Mortgage Investment Trust 2004-3                                  | CUSIP: 02660TBL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1009788 | PA      | $1003900.66    | 0.00%             | 2034-10-25      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| American Home Mortgage Assets                                           | American Home Mortgage Assets Trust 2006-3                                      | CUSIP: 02660UAF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   28271710 | PA      | $18655039.77   | 0.06%             | 2046-10-25      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                                                   | American Homes 4 Rent LP                                                        | CUSIP: 02666TAC1<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |    2845000 | PA      | $2545250.80    | 0.01%             | 2031-07-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                                                   | American Homes 4 Rent LP                                                        | CUSIP: 02666TAD9<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |    7558000 | PA      | $5123870.52    | 0.02%             | 2051-07-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                                                   | American Homes 4 Rent LP                                                        | CUSIP: 02666TAG2<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |    1086000 | PA      | $1123781.94    | 0.00%             | 2034-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                                                   | American Homes 4 Rent LP                                                        | CUSIP: 02666TAH0<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |    5000000 | PA      | $5171150.00    | 0.02%             | 2034-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| American Home Mortgage Assets                                           | American Home Mortgage Assets Trust 2007-2                                      | CUSIP: 026930AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   19095296 | PA      | $17367910.81   | 0.06%             | 2047-03-25      | Floating      | 3.97%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                     | American Tower Corp                                                             | CUSIP: 03027XBA7<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    2025000 | PA      | $1923831.00    | 0.01%             | 2030-01-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                     | American Tower Corp                                                             | CUSIP: 03027XBG4<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    3336000 | PA      | $2980515.84    | 0.01%             | 2030-10-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                     | American Tower Corp                                                             | CUSIP: 03027XCD0<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     975000 | PA      | $1022794.50    | 0.00%             | 2033-07-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                     | American Tower Corp                                                             | CUSIP: 03027XCN8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |   26040000 | PA      | $26603766.00   | 0.09%             | 2030-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                     | American Tower Corp                                                             | CUSIP: 03027XCR9<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |   10515000 | PA      | $10536871.20   | 0.03%             | 2032-12-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| AMERIGAS PART/FIN CORP                                                  | AmeriGas Partners LP / AmeriGas Finance Corp                                    | CUSIP: 030981AM6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3500000 | PA      | $3626665.00    | 0.01%             | 2028-06-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| AMERIGAS PART/FIN CORP                                                  | AmeriGas Partners LP / AmeriGas Finance Corp                                    | CUSIP: 030981AP9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2094000 | PA      | $2232099.30    | 0.01%             | 2030-06-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| American Money Management Corporation                                   | AMMC CLO 30 Ltd                                                                 | CUSIP: 03165UAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   24070000 | PA      | $24099654.24   | 0.08%             | 2037-01-15      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| AmWINS Group Inc                                                        | AmWINS Group Inc 2025 Term Loan B                                               | CUSIP: 03234TBA5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |    4090060 | PA      | $4106440.72    | 0.01%             | 2032-01-30      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                     | Elevance Health Inc                                                             | CUSIP: 036752AZ6<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    9507000 | PA      | $9832804.89    | 0.03%             | 2034-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                     | Elevance Health Inc                                                             | CUSIP: 036752BD4<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |   28644000 | PA      | $29279037.48   | 0.09%             | 2035-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                     | Elevance Health Inc                                                             | CUSIP: 036752BJ1<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |   10000000 | PA      | $9990000.00    | 0.03%             | 2032-09-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                     | Elevance Health Inc                                                             | CUSIP: 036752BK8<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |   22790000 | PA      | $22679924.30   | 0.07%             | 2036-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| APPALACHIAN POWER CO                                                    | Appalachian Power Co                                                            | CUSIP: 037735DB0<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |   18900000 | PA      | $19801908.00   | 0.06%             | 2034-04-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| APTARGROUP INC                                                          | AptarGroup Inc                                                                  | CUSIP: 038336AB9<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | DBT              | CORP              | US        |   15050000 | PA      | $15169948.50   | 0.05%             | 2031-03-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Arches Buyer Inc                                                        | Arches Buyer Inc 2021 Term Loan B                                               | CUSIP: 03952HAD6<br>LEI: 2549009ADY4208OH2Y47 | Long             | LON              | CORP              | US        |     658297 | PA      | $660591.39     | 0.00%             | 2027-12-06      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| ARDAGH GROUP SA                                                         | Ardagh Group SA                                                                 | CUSIP: 039959AA9<br>LEI: 6354006L1NWUUOPYX274 | Long             | DBT              | CORP              | LU        |    4413000 | PA      | $4786472.19    | 0.02%             | 2030-12-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Argent Securities Inc.                                                  | Argent Securities Inc Asset-Backed Pass-Through Certificates Series 2005-W2     | CUSIP: 040104ND9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      11098 | PA      | $11059.00      | 0.00%             | 2035-10-25      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| Argent Securities Inc.                                                  | Argent Securities Inc Asset-Backed Pass-Through Certificates Series 2005-W3     | CUSIP: 040104PC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5755880 | PA      | $5652999.23    | 0.02%             | 2035-11-25      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                                  | Arizona Public Service Co                                                       | CUSIP: 040555DE1<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    2444000 | PA      | $2671194.24    | 0.01%             | 2032-12-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Asset Backed Securities Corp Home Equity Ln Trst                        | Asset Backed Securities Corp Home Equity Loan Trust Series MO 2006-HE6          | CUSIP: 04544NAR5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7753550 | PA      | $7644927.45    | 0.02%             | 2036-11-25      | Floating      | 4.31%                 | No            |                  2 | On Loan: No      |
| Asset Backed Funding Certificates                                       | ABFC 2007-WMC1 Trust                                                            | CUSIP: 04545EAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   18133155 | PA      | $15547465.18   | 0.05%             | 2037-06-25      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| Asset Backed Funding Certificates                                       | ABFC 2007-WMC1 Trust                                                            | CUSIP: 04545EAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   13246905 | PA      | $11357767.81   | 0.04%             | 2037-06-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                                             | Asurion LLC 2021 Second Lien Term Loan B4                                       | CUSIP: 04649VBA7<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    2763706 | PA      | $2721863.88    | 0.01%             | 2029-01-20      | Floating      | 9.08%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                   | Athene Global Funding                                                           | CUSIP: 04685A2Z3<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   31415000 | PA      | $31023569.10   | 0.10%             | 2026-06-29      | Fixed         | 1.61%                 | No            |                  2 | On Loan: No      |
| Avolon TLB Borrower 1 (US) LLC                                          | Avolon TLB Borrower 1 (US) LLC 2023 Term Loan B6                                | CUSIP: 05400KAJ9<br>LEI: 635400O84AGITYFZQB55 | Long             | LON              | CORP              | US        |   21591268 | PA      | $21743917.81   | 0.07%             | 2030-06-24      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                                | Avolon Holdings Funding Ltd                                                     | CUSIP: 05401AAJ0<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    5900000 | PA      | $5838699.00    | 0.02%             | 2027-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                                | Avolon Holdings Funding Ltd                                                     | CUSIP: 05401AAR2<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   53870000 | PA      | $52282451.10   | 0.17%             | 2027-11-18      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| Banc of America Merrill Lynch Large Loan Inc                            | BAMLL Commercial Mortgage Securities Trust 2018-PARK                            | CUSIP: 05491YAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  122930000 | PA      | $120597206.56  | 0.39%             | 2038-08-10      | Variable      | 4.09%                 | No            |                  2 | On Loan: No      |
| BCAP LLC Trust                                                          | BCAP LLC Trust 2007-AA2                                                         | CUSIP: 05530NAT4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     201933 | PA      | $87018.28      | 0.00%             | 2037-04-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BCAP LLC Trust                                                          | BCAP LLC Trust 2007-AA5                                                         | CUSIP: 05531AAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10463261 | PA      | $9452701.09    | 0.03%             | 2047-09-25      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| BCPE Empire Holdings Inc                                                | BCPE Empire Holdings Inc 2025 Term Loan B                                       | CUSIP: 05550HAQ8<br>LEI: 549300O2G0VI2955B626 | Long             | LON              | CORP              | US        |     994848 | PA      | $986142.79     | 0.00%             | 2030-12-11      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| BGME Trust                                                              | BGME Trust 2021-VR                                                              | CUSIP: 05551XAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   20000000 | PA      | $17589602.00   | 0.06%             | 2043-01-10      | Variable      | 2.99%                 | No            |                  2 | On Loan: No      |
| BGME Trust                                                              | BGME Trust 2021-VR                                                              | CUSIP: 05551XAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   32137000 | PA      | $27155601.10   | 0.09%             | 2043-01-10      | Variable      | 2.99%                 | No            |                  2 | On Loan: No      |
| BCPE North Star US HoldCo 2, Inc.                                       | BCPE North Star US HoldCo 2 Inc Term Loan                                       | CUSIP: 05552DAD4<br>LEI: 254900AGB0JDUDNIJC95 | Long             | LON              | CORP              | US        |    4793797 | PA      | $4782316.08    | 0.02%             | 2028-06-09      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| BW Gas & Convenience Holdings LLC                                       | BW Gas & Convenience Holdings LLC 2021 Term Loan B                              | CUSIP: 05604YAE4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    1500000 | PA      | $1501252.50    | 0.00%             | 2028-03-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BX Trust 2019-OC11                                                      | BX Trust 2019-OC11                                                              | CUSIP: 05606FAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   42270000 | PA      | $40165824.76   | 0.13%             | 2041-12-09      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                                | BX Commercial Mortgage Trust 2020-VIV4                                          | CUSIP: 05608MAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  130165000 | PA      | $121029460.59  | 0.39%             | 2044-03-09      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| BXHPP Trust                                                             | BXHPP Trust 2021-FILM                                                           | CUSIP: 05609JAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   16088000 | PA      | $15544232.04   | 0.05%             | 2036-08-15      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| BXHPP Trust                                                             | BXHPP Trust 2021-FILM                                                           | CUSIP: 05609JAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   15057000 | PA      | $14130878.56   | 0.05%             | 2036-08-15      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| BXHPP Trust                                                             | BXHPP Trust 2021-FILM                                                           | CUSIP: 05609JAN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   11500000 | PA      | $10673461.65   | 0.03%             | 2036-08-15      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                                | BX Commercial Mortgage Trust 2022-CSMO                                          | CUSIP: 05610MAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   90170000 | PA      | $90544962.93   | 0.29%             | 2027-06-15      | Floating      | 6.89%                 | No            |                  2 | On Loan: No      |
| Banc of America Funding Corporation                                     | Banc of America Funding 2006-D Trust                                            | CUSIP: 058933AG7<br>LEI: 5493001796TAQ7M7QX12 | Long             | ABS-MBS          | CORP              | US        |    1975824 | PA      | $1769529.05    | 0.01%             | 2036-05-20      | Variable      | 4.90%                 | No            |                  2 | On Loan: No      |
| Banc of America Funding Corporation                                     | Banc of America Funding 2003-2 Trust                                            | CUSIP: 05946XCR2<br>LEI: 5493001796TAQ7M7QX12 | Long             | ABS-MBS          | CORP              | US        |       9261 | PA      | $9431.68       | 0.00%             | 2032-06-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Banc of America Mortgage Securities                                     | Banc of America Mortgage 2004-F Trust                                           | CUSIP: 05949AHR4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      11029 | PA      | $10643.75      | 0.00%             | 2034-07-25      | Variable      | 5.82%                 | No            |                  2 | On Loan: No      |
| Banc of America Mortgage Securities                                     | Banc of America Mortgage 2005-C Trust                                           | CUSIP: 05949AY87<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      60530 | PA      | $59974.69      | 0.00%             | 2035-04-25      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| Banc of America Funding Corporation                                     | Banc of America Funding 2006-E Trust                                            | CUSIP: 05950DAD2<br>LEI: 5493001796TAQ7M7QX12 | Long             | ABS-MBS          | CORP              | US        |      18895 | PA      | $16999.12      | 0.00%             | 2036-06-20      | Variable      | 5.49%                 | No            |                  2 | On Loan: No      |
| Banc of America Funding Corporation                                     | Banc of America Funding 2006-H Trust                                            | CUSIP: 05950PAH6<br>LEI: 5493001796TAQ7M7QX12 | Long             | ABS-MBS          | CORP              | US        |     377948 | PA      | $324101.97     | 0.00%             | 2046-09-20      | Variable      | 4.07%                 | No            |                  2 | On Loan: No      |
| Banc of America Mortgage Securities                                     | Banc of America Mortgage 2007-1 Trust                                           | CUSIP: 05952HAZ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     303339 | PA      | $262418.96     | 0.00%             | 2037-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Banc of America Mortgage Securities                                     | Banc of America Mortgage 2007-3 Trust                                           | CUSIP: 05954CAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     105826 | PA      | $87831.81      | 0.00%             | 2037-09-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                    | Bank of America Corp                                                            | CUSIP: 06051GHD4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1587000 | PA      | $1568781.24    | 0.01%             | 2028-12-20      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                    | Bank of America Corp                                                            | CUSIP: 06051GHG7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     336000 | PA      | $335519.52     | 0.00%             | 2029-03-05      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                    | Bank of America Corp                                                            | CUSIP: 06051GJL4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   18688000 | PA      | $16720340.48   | 0.05%             | 2031-10-24      | Fixed         | 1.92%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                    | Bank of America Corp                                                            | CUSIP: 06051GJQ3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   77013000 | PA      | $76643337.60   | 0.25%             | 2027-03-11      | Fixed         | 1.66%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                    | Bank of America Corp                                                            | CUSIP: 06051GJS9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   42299000 | PA      | $41757995.79   | 0.13%             | 2027-07-22      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                    | Bank of America Corp                                                            | CUSIP: 06051GJT7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |       4000 | PA      | $3672.00       | 0.00%             | 2032-04-22      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                    | Bank of America Corp                                                            | CUSIP: 06051GJZ3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  110562000 | PA      | $105473936.76  | 0.34%             | 2029-06-14      | Fixed         | 2.09%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                    | Bank of America Corp                                                            | CUSIP: 06051GKA6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |       2000 | PA      | $1788.96       | 0.00%             | 2032-07-21      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                    | Bank of America Corp                                                            | CUSIP: 06051GMA4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     525000 | PA      | $547401.75     | 0.00%             | 2035-01-23      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| BACARDI LTD                                                             | Bacardi Ltd                                                                     | CUSIP: 067316AG4<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | BM        |    2881000 | PA      | $2739514.09    | 0.01%             | 2038-05-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Barracuda Networks Inc                                                  | Barracuda Networks Inc 2022 Term Loan                                           | CUSIP: 06832FAB3<br>LEI: 549300CXGRZWNMPU8080 | Long             | LON              | CORP              | US        |    4799611 | PA      | $3928937.31    | 0.01%             | 2029-08-15      | Floating      | 8.34%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                                                 | Bayer US Finance II LLC                                                         | CUSIP: 07274NAL7<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |    4212000 | PA      | $4217686.20    | 0.01%             | 2028-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                                                 | Bayer US Finance II LLC                                                         | CUSIP: 07274NAN3<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |   16729000 | PA      | $15341664.03   | 0.05%             | 2038-06-25      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                                                 | Bayer US Finance II LLC                                                         | CUSIP: 07274NBA0<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |    3820000 | PA      | $3879133.60    | 0.01%             | 2035-07-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                                                 | Bayer US Finance II LLC                                                         | CUSIP: 07274NBF9<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |   67748000 | PA      | $54814906.80   | 0.18%             | 2044-07-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                                                 | Bayer US Finance II LLC                                                         | CUSIP: 07274NBG7<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |   17489000 | PA      | $13107830.61   | 0.04%             | 2045-04-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BCRED MML CLO 2021-1 LLC                                                | BCRED MML CLO 2022-1 LLC                                                        | CUSIP: 072917AA5<br>LEI: 2549008X01GXURMQIW78 | Long             | ABS-CBDO         | CORP              | US        |   48400000 | PA      | $48464759.20   | 0.16%             | 2035-04-20      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| BCPE FLAVOR DEBT/ISSUER                                                 | BCPE Flavor Debt Merger Sub LLC and BCPE Flavor Issuer Inc                      | CUSIP: 072933AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5120000 | PA      | $4909977.60    | 0.02%             | 2032-07-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Adjustable Rate Mortgage Trust                             | Bear Stearns ARM Trust 2004-10                                                  | CUSIP: 07384M4F6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1456175 | PA      | $1422059.79    | 0.00%             | 2035-01-25      | Variable      | 4.79%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Asset Backed Securities Trust                              | Bear Stearns Asset Backed Securities Trust 2003-AC7                             | CUSIP: 07384YPH3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     340138 | PA      | $283481.72     | 0.00%             | 2034-01-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Asset Backed Securities Trust                              | Bear Stearns Asset Backed Securities Trust 2003-AC7                             | CUSIP: 07384YPJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     306657 | PA      | $255522.04     | 0.00%             | 2034-01-25      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Alt-A Trust                                                | Bear Stearns ALT-A Trust 2005-4                                                 | CUSIP: 07386HSW2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       4778 | PA      | $4660.22       | 0.00%             | 2035-05-25      | Variable      | 4.93%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Alt-A Trust                                                | Bear Stearns ALT-A Trust 2006-4                                                 | CUSIP: 073871BN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1179786 | PA      | $480500.24     | 0.00%             | 2036-07-25      | Variable      | 4.13%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Asset Backed Securities Trust                              | Bear Stearns Asset Backed Securities I Trust 2005-AC5                           | CUSIP: 073879B31<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     833580 | PA      | $484383.56     | 0.00%             | 2049-08-25      | Floating      | 4.10%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Asset Backed Securities Trust                              | Bear Stearns Asset Backed Securities I Trust 2006-AC2                           | CUSIP: 07387UGR6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      55663 | PA      | $55592.75      | 0.00%             | 2036-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Adjustable Rate Mortgage Trust                             | Bear Stearns ARM Trust 2006-4                                                   | CUSIP: 073882AC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     134112 | PA      | $112935.62     | 0.00%             | 2036-10-25      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Asset Backed Securities Trust                              | Bear Stearns Asset Backed Securities I Trust 2006-HE9                           | CUSIP: 07389MAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1437801 | PA      | $1420327.57    | 0.00%             | 2036-11-25      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Asset Backed Securities Trust                              | Bear Stearns Asset Backed Securities I Trust 2007-AC1                           | CUSIP: 07389XAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   24201978 | PA      | $22899222.06   | 0.07%             | 2037-02-25      | Variable      | 6.55%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Mortgage Funding Trust                                     | Bear Stearns Mortgage Funding Trust 2006-AR3                                    | CUSIP: 07400HAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     769522 | PA      | $685767.13     | 0.00%             | 2036-10-25      | Floating      | 4.21%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Mortgage Funding Trust                                     | Bear Stearns Mortgage Funding Trust 2007-AR5                                    | CUSIP: 07400NAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1677038 | PA      | $1493396.72    | 0.00%             | 2047-06-25      | Floating      | 4.19%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Mortgage Funding Trust                                     | Bear Stearns Mortgage Funding Trust 2006-AR5                                    | CUSIP: 07401NAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   11086360 | PA      | $9943202.93    | 0.03%             | 2046-12-25      | Floating      | 4.01%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                                        | Berry Global Inc                                                                | CUSIP: 08576PAF8<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   16949000 | PA      | $16526969.90   | 0.05%             | 2027-01-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                                        | Berry Global Inc                                                                | CUSIP: 08576PAH4<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   37992000 | PA      | $37954387.92   | 0.12%             | 2026-01-15      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                                        | Berry Global Inc                                                                | CUSIP: 08576PAQ4<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    1570000 | PA      | $1638561.90    | 0.01%             | 2034-01-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                                        | Berry Global Inc                                                                | CUSIP: 085770AA3<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   38211000 | PA      | $38225520.18   | 0.12%             | 2026-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BLACK HILLS CORP                                                        | Black Hills Corp                                                                | CUSIP: 092113AW9<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |    8020000 | PA      | $8611555.20    | 0.03%             | 2034-05-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Blackhawk Network Holdings, Inc                                         | Blackhawk Network Holdings Inc 2025 Term Loan B                                 | CUSIP: 09238FAM3<br>LEI: 549300LFU3K8UIR03132 | Long             | LON              | CORP              | US        |    5362798 | PA      | $5395055.08    | 0.02%             | 2029-03-12      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| Brazil Government International Bonds                                   | Brazil Government International Bonds                                           | CUSIP: 105756CF5<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   10519000 | PA      | $10653432.82   | 0.03%             | 2033-10-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Brazil Government International Bonds                                   | Brazil Government International Bonds                                           | CUSIP: 105756CH1<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    7531000 | PA      | $7622878.20    | 0.02%             | 2034-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Brazil Government International Bonds                                   | Brazil Government International Bonds                                           | CUSIP: 105756CL2<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   12427000 | PA      | $12817083.53   | 0.04%             | 2035-03-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| BROOKLYN UNION GAS CO                                                   | Brooklyn Union Gas Co/The                                                       | CUSIP: 114259AW4<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |    1700000 | PA      | $1686179.00    | 0.01%             | 2032-08-05      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| BROOKLYN UNION GAS CO                                                   | Brooklyn Union Gas Co/The                                                       | CUSIP: 114259AX2<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |    1120000 | PA      | $1208032.00    | 0.00%             | 2033-09-15      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| BROOKLYN UNION GAS CO                                                   | Brooklyn Union Gas Co/The                                                       | CUSIP: 114259AY0<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |   10000000 | PA      | $10424500.00   | 0.03%             | 2054-07-18      | Fixed         | 6.42%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing and Securitization                         | C-BASS 2007-CB5 Trust                                                           | CUSIP: 12464YAB5<br>LEI: 969500V3L9W19NIA5E82 | Long             | ABS-O            | CORP              | US        |   17521502 | PA      | $10511445.19   | 0.03%             | 2037-04-25      | Floating      | 3.13%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing and Securitization                         | C-BASS 2006-CB9 TRUST                                                           | CUSIP: 12465MAC8<br>LEI: 969500V3L9W19NIA5E82 | Long             | ABS-O            | CORP              | US        |   20877479 | PA      | $9548809.63    | 0.03%             | 2036-11-25      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing and Securitization                         | C-BASS 2006-CB7 TRUST                                                           | CUSIP: 12479DAA6<br>LEI: 969500V3L9W19NIA5E82 | Long             | ABS-O            | CORP              | US        |   28722522 | PA      | $21097496.27   | 0.07%             | 2036-10-25      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                                  | CCO Holdings LLC / CCO Holdings Capital Corp                                    | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2850000 | PA      | $2428399.50    | 0.01%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing and Securitization                         | C-BASS Mortgage Loan Trust 2007-CB2                                             | CUSIP: 1248MBAJ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   20075867 | PA      | $11602861.11   | 0.04%             | 2037-02-25      | Variable      | 3.48%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing and Securitization                         | C-BASS Mortgage Loan Trust 2007-CB2                                             | CUSIP: 1248MBAK1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   14698523 | PA      | $8495021.81    | 0.03%             | 2037-02-25      | Variable      | 3.48%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing and Securitization                         | C-BASS Mortgage Loan Trust 2007-CB2                                             | CUSIP: 1248MBAL9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2672904 | PA      | $1544806.52    | 0.00%             | 2037-02-25      | Variable      | 3.48%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing and Securitization                         | C-BASS 2007-CB1 TRUST                                                           | CUSIP: 1248MGAM6<br>LEI: 969500V3L9W19NIA5E82 | Long             | ABS-O            | CORP              | US        |    5680110 | PA      | $1566677.04    | 0.01%             | 2037-01-25      | Variable      | 3.09%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing and Securitization                         | C-BASS 2007-CB1 TRUST                                                           | CUSIP: 1248MGAN4<br>LEI: 969500V3L9W19NIA5E82 | Long             | ABS-O            | CORP              | US        |   10674278 | PA      | $2943195.30    | 0.01%             | 2037-01-25      | Variable      | 3.09%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing and Securitization                         | Credit-Based Asset Servicing and Securitization LLC                             | CUSIP: 1248P1AA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6916396 | PA      | $6439568.20    | 0.02%             | 2036-10-25      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| CCRR Parent Inc                                                         | CCRR Parent Inc Term Loan B                                                     | CUSIP: 12510MAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    4607681 | PA      | $1353506.32    | 0.00%             | 2028-03-06      | Floating      | 8.33%                 | No            |                  2 | On Loan: No      |
| CCRR Parent Inc                                                         | CCRR Parent Inc US Acquisition Facility                                         | CUSIP: 12510MAD1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    3693627 | PA      | $1061917.89    | 0.00%             | 2028-03-06      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                                                  | CHL Mortgage Pass-Through Trust 2007-HY5                                        | CUSIP: 12544BAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     449511 | PA      | $351234.73     | 0.00%             | 2047-09-25      | Variable      | 5.03%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                                        | CIFC Funding 2020-II Ltd                                                        | CUSIP: 12547LAQ1<br>LEI: 2549005S1LQJ8MBPXW05 | Long             | ABS-CBDO         | CORP              | KY        |    9000000 | PA      | $9008838.00    | 0.03%             | 2034-10-20      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                                        | CIFC Funding 2023-II Ltd                                                        | CUSIP: 125488AA4<br>LEI: 2549005S1LQJ8MBPXW05 | Long             | ABS-CBDO         | CORP              | KY        |   14000000 | PA      | $14012614.00   | 0.05%             | 2037-01-21      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                                        | CIFC Funding 2014 Ltd                                                           | CUSIP: 12549JBC4<br>LEI: 54930034H2IEPBE5Q044 | Long             | ABS-CBDO         | CORP              | KY        |    8000000 | PA      | $8015880.00    | 0.03%             | 2031-01-18      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                                        | CIFC Funding 2017-IV Ltd                                                        | CUSIP: 12551JAN6<br>LEI: 254900JEH56UBUEZJW15 | Long             | ABS-CBDO         | CORP              | KY        |    3475000 | PA      | $3477783.48    | 0.01%             | 2030-10-24      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                                         | Cigna Group/The                                                                 | CUSIP: 125523CZ1<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |   55025000 | PA      | $56036359.50   | 0.18%             | 2036-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                                        | CIFC Funding 2021-VI Ltd                                                        | CUSIP: 12553SAG9<br>LEI: 2549005S1LQJ8MBPXW05 | Long             | ABS-CBDO         | CORP              | KY        |   20000000 | PA      | $20038920.00   | 0.06%             | 2034-10-15      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                               | CIM Trust 2019-R1                                                               | CUSIP: 12555VAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   31283057 | PA      | $29760673.81   | 0.10%             | 2058-10-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                               | CIM Trust 2019-R4                                                               | CUSIP: 12556FAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   64361707 | PA      | $60680532.52   | 0.20%             | 2059-10-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                               | CIM Trust 2020-R1                                                               | CUSIP: 12558VAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   98883662 | PA      | $91776248.18   | 0.30%             | 2059-10-27      | Variable      | 2.85%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                               | CIM Trust 2020-R3                                                               | CUSIP: 12559NAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   69863102 | PA      | $67907724.18   | 0.22%             | 2060-01-26      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                               | CIM Trust 2019-R3                                                               | CUSIP: 12559PAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   57282771 | PA      | $54264850.68   | 0.17%             | 2058-06-25      | Variable      | 2.63%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                               | CIM Trust 2020-R6                                                               | CUSIP: 12560YAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   58450112 | PA      | $53247823.56   | 0.17%             | 2060-12-25      | Variable      | 2.25%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                               | CIM Trust 2020-R6                                                               | CUSIP: 12560YAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   34901265 | PA      | $32337323.48   | 0.10%             | 2060-12-25      | Variable      | 2.25%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                               | CIM Trust 2020-R7                                                               | CUSIP: 12563GAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  141571984 | PA      | $132268849.82  | 0.43%             | 2061-12-27      | Variable      | 2.25%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                               | CIM Trust 2021-R1                                                               | CUSIP: 12563RAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   47930270 | PA      | $44250864.42   | 0.14%             | 2056-08-25      | Variable      | 2.40%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                               | CIM Trust 2021-R2                                                               | CUSIP: 12564MAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   40741716 | PA      | $39327438.87   | 0.13%             | 2057-01-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                               | CIM Trust 2021-R3                                                               | CUSIP: 12566LAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  129766304 | PA      | $121472433.86  | 0.39%             | 2057-06-25      | Variable      | 1.95%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                               | CIM Trust 2023-R1                                                               | CUSIP: 12569RAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  220704976 | PA      | $220024807.46  | 0.71%             | 2062-04-25      | Variable      | 5.40%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                               | CIM Trust 2023-R3                                                               | CUSIP: 12570GAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   31437781 | PA      | $30060559.25   | 0.10%             | 2063-01-25      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                               | CIM Trust 2023-R3                                                               | CUSIP: 12570GAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  175700529 | PA      | $170151551.84  | 0.55%             | 2063-01-25      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                                        | CIFC Funding 2022-I Ltd                                                         | CUSIP: 12570LAA6<br>LEI: 2549005S1LQJ8MBPXW05 | Long             | ABS-CBDO         | CORP              | KY        |   25000000 | PA      | $25028125.00   | 0.08%             | 2035-04-17      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| Antylia Scientific                                                      | Antylia Scientific Term Loan                                                    | CUSIP: 12592HAG6<br>LEI: 549300EZRMS5BZD8TN98 | Long             | LON              | CORP              | US        |    3148291 | PA      | $3129794.94    | 0.01%             | 2032-05-27      | Floating      | 7.99%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                               | CIM Trust 2021-R5                                                               | CUSIP: 12592SAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   31286282 | PA      | $27756649.34   | 0.09%             | 2061-08-25      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                               | CIM Trust 2021-R5                                                               | CUSIP: 12592SAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  122899706 | PA      | $109932416.50  | 0.35%             | 2061-08-25      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                               | CIM Trust 2021-R4                                                               | CUSIP: 12598HAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  124717675 | PA      | $117987608.96  | 0.38%             | 2061-05-01      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| CSAB Mortgage Backed Trust                                              | CSAB Mortgage-Backed Trust 2006-4                                               | CUSIP: 12628LAK6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5268016 | PA      | $206829.15     | 0.00%             | 2036-12-25      | Variable      | 6.28%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                        | CSC Holdings LLC                                                                | CUSIP: 126307AZ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   43925000 | PA      | $29162686.00   | 0.09%             | 2029-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                        | CSC Holdings LLC                                                                | CUSIP: 126307BA4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     175000 | PA      | $64655.50      | 0.00%             | 2030-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                        | CSC Holdings LLC                                                                | CUSIP: 126307BD8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    4879000 | PA      | $1747657.80    | 0.01%             | 2030-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                        | CSC Holdings LLC                                                                | CUSIP: 126307BH9<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     775000 | PA      | $472688.00     | 0.00%             | 2031-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                        | CSC Holdings LLC                                                                | CUSIP: 126307BN6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   30907000 | PA      | $23061567.12   | 0.07%             | 2029-01-31      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| CPT MORTGAGE TRUST                                                      | Century Plaza Towers 2019-CPT                                                   | CUSIP: 12654YAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   27645000 | PA      | $25691300.21   | 0.08%             | 2039-11-13      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| CSMCM Trust Certificates                                                | CSMCM 2021-RPL11 Trust                                                          | CUSIP: 12658QAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8066198 | PA      | $6392052.15    | 0.02%             | 2061-10-27      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                                            | CSMC 2021-RPL11 Trust                                                           | CUSIP: 12659AAH9<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |  192020163 | PA      | $162184473.11  | 0.52%             | 2061-10-25      | Variable      | 3.72%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                                            | CSMC 2021-RPL11 Trust                                                           | CUSIP: 12659AAJ5<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |     135445 | PA      | $131695.09     | 0.00%             | 2061-10-25      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                                            | CSMC 2022-RPL1 Trust                                                            | CUSIP: 12661QAH0<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |  191044872 | PA      | $173402069.04  | 0.56%             | 2061-04-25      | Variable      | 4.57%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                                            | CSMC 2022-RPL1 Trust                                                            | CUSIP: 12661QAJ6<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |     291177 | PA      | $286386.36     | 0.00%             | 2061-04-25      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| CSMCM Trust Certificates                                                | CSMCM 2022-RPL1 Trust                                                           | CUSIP: 12662JAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7954790 | PA      | $6741391.64    | 0.02%             | 2061-04-25      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                                            | Csmc 2021-Nqm6 Trust                                                            | CUSIP: 12662KAA7<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |    5081821 | PA      | $4373558.28    | 0.01%             | 2066-07-25      | Variable      | 1.17%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                         | CVS Health Corp                                                                 | CUSIP: 126650CN8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   12700000 | PA      | $11489055.00   | 0.04%             | 2045-07-20      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                         | CVS Health Corp                                                                 | CUSIP: 126650CY4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   11472000 | PA      | $10850561.76   | 0.03%             | 2038-03-25      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                         | CVS Health Corp                                                                 | CUSIP: 126650CZ1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   21046000 | PA      | $18588248.12   | 0.06%             | 2048-03-25      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                         | CVS Health Corp                                                                 | CUSIP: 126650DZ0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   13496000 | PA      | $13120946.16   | 0.04%             | 2053-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                         | CVS Health Corp                                                                 | CUSIP: 126650EG1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   14063000 | PA      | $14703850.91   | 0.05%             | 2054-12-10      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                         | CVS Health Corp                                                                 | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   17780000 | PA      | $18661354.60   | 0.06%             | 2055-03-10      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Asset-Backed Certificates                                   | CWABS Asset-Backed Certificates Trust 2005-13                                   | CUSIP: 126670GR3<br>LEI: 549300H6I2066O1LC673 | Long             | ABS-O            | CORP              | US        |      71563 | PA      | $66892.56      | 0.00%             | 2036-04-25      | Variable      | 5.81%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan Trust                                      | Alternative Loan Trust 2004-30CB                                                | CUSIP: 12667FG41<br>LEI: 5493004SLAYUFMHIS127 | Long             | ABS-MBS          | CORP              | US        |   17516170 | PA      | $17469829.25   | 0.06%             | 2035-02-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan Trust                                      | Alternative Loan Trust 2004-J6                                                  | CUSIP: 12667FRG2<br>LEI: 5493004SLAYUFMHIS127 | Long             | ABS-MBS          | CORP              | US        |       1176 | PA      | $1207.63       | 0.00%             | 2031-11-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan Trust                                      | Alternative Loan Trust 2005-84                                                  | CUSIP: 12668BAT0<br>LEI: 5493004SLAYUFMHIS127 | Long             | ABS-MBS          | CORP              | US        |      20843 | PA      | $18064.71      | 0.00%             | 2036-02-25      | Variable      | 5.01%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan Trust                                      | Alternative Loan Trust 2005-76                                                  | CUSIP: 12668BDE0<br>LEI: 5493004SLAYUFMHIS127 | Long             | ABS-MBS          | CORP              | US        |   24720520 | PA      | $22910923.66   | 0.07%             | 2036-02-25      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| Countrywide Asset-Backed Certificates                                   | CWABS Asset-Backed Certificates Trust 2007-13                                   | CUSIP: 126698AD1<br>LEI: 549300H6I2066O1LC673 | Long             | ABS-O            | CORP              | US        |    5449312 | PA      | $5056481.14    | 0.02%             | 2047-10-25      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                                                  | CHL Mortgage Pass-Through Trust 2001-HYB1                                       | CUSIP: 12669B2W1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       3589 | PA      | $3559.47       | 0.00%             | 2031-06-19      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                                                  | CHL Mortgage Pass-Through Trust 2004-14                                         | CUSIP: 12669FT52<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     411330 | PA      | $388310.48     | 0.00%             | 2034-08-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                                                  | CHL Mortgage Pass-Through Trust 2004-HYB4                                       | CUSIP: 12669FV75<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     300043 | PA      | $291068.45     | 0.00%             | 2034-09-20      | Variable      | 5.21%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                                                  | CHL Mortgage Pass-Through Trust 2004-7                                          | CUSIP: 12669FXJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      31569 | PA      | $29086.32      | 0.00%             | 2034-06-25      | Variable      | 5.24%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                                                  | CHL Mortgage Pass-Through Trust 2004-HYB3                                       | CUSIP: 12669FYX5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       3695 | PA      | $3640.00       | 0.00%             | 2034-06-20      | Variable      | 6.68%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                                                  | CHL Mortgage Pass-Through Trust 2004-25                                         | CUSIP: 12669GJY8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      48093 | PA      | $45987.73      | 0.00%             | 2035-02-25      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                                                  | CHL Mortgage Pass-Through Trust 2005-11                                         | CUSIP: 12669GUJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     185887 | PA      | $171441.15     | 0.00%             | 2035-04-25      | Variable      | 4.49%                 | No            |                  2 | On Loan: No      |
| CALI Mortgage Trust 2019-101C                                           | CALI Mortgage Trust 2019-101C                                                   | CUSIP: 129890AC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  272551000 | PA      | $2446703.95    | 0.01%             | 2039-03-10      | Variable      | 0.30%                 | No            |                  2 | On Loan: No      |
| Calpine Corporation                                                     | Calpine Corporation 2024 Term Loan B10                                          | CUSIP: 13134MBW2<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | LON              | CORP              | US        |    8934879 | PA      | $8944305.77    | 0.03%             | 2031-01-31      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Calpine Corporation                                                     | Calpine Corporation 2024 Term Loan B5                                           | CUSIP: 13134MBX0<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | LON              | CORP              | US        |    6531351 | PA      | $6537490.77    | 0.02%             | 2032-02-15      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Carrington Mortgage Loan Trust                                          | Carrington Mortgage Loan Trust Series 2007-RFC1                                 | CUSIP: 144526AD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   22415000 | PA      | $20686527.80   | 0.07%             | 2036-10-25      | Floating      | 4.07%                 | No            |                  2 | On Loan: No      |
| Carrington Mortgage Loan Trust                                          | Carrington Mortgage Loan Trust Series 2006-NC3                                  | CUSIP: 144528AD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   46429000 | PA      | $39775195.01   | 0.13%             | 2036-08-25      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                          | Carvana Auto Receivables Trust 2023-N3                                          | CUSIP: 14686RAF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      30900 | PA      | $5906162.56    | 0.02%             | 2030-09-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                          | Carvana Auto Receivables Trust 2021-N1                                          | CUSIP: 14687D102<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      53821 | PA      | $5270647.96    | 0.02%             | 2028-01-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                          | Carvana Auto Receivables Trust 2021-P4                                          | CUSIP: 14687KAK2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      43250 | PA      | $5113188.35    | 0.02%             | 2028-09-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                          | Carvana Auto Receivables Trust 2023-N1                                          | CUSIP: 14688FAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      30000 | PA      | $6616368.45    | 0.02%             | 2030-04-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                          | Carvana Auto Receivables Trust 2023-N1                                          | CUSIP: 14688FAH9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  185555649 | PA      | $1917346.52    | 0.01%             | 2030-04-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Cast and Crew Payroll LLC                                               | Cast and Crew Payroll LLC 2021 Incremental Term Loan                            | CUSIP: 14835JAQ3<br>LEI: 549300XE7OZGFGN5F466 | Long             | LON              | CORP              | US        |    4383161 | PA      | $2647166.15    | 0.01%             | 2028-12-29      | Floating      | 7.47%                 | No            |                  2 | On Loan: No      |
| Castlelake Aircraft Securitization Trust                                | Castlelake Aircraft Structured Trust 2025-3                                     | CUSIP: 14855YAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6879278 | PA      | $6911075.57    | 0.02%             | 2050-11-15      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Cedar Funding Ltd                                                       | Cedar Funding V CLO Ltd                                                         | CUSIP: 15032AAS6<br>LEI: 635400NWFWJ92O7QGD64 | Long             | ABS-CBDO         | CORP              | KY        |    7000000 | PA      | $7004487.00    | 0.02%             | 2031-07-17      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| Celsius Holdings Inc                                                    | Celsius Holdings Inc 2025 Term Loan B                                           | CUSIP: 15118XAD6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    2769521 | PA      | $2792715.26    | 0.01%             | 2032-04-01      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                            | Centene Corp                                                                    | CUSIP: 15135BAW1<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   48742000 | PA      | $43647486.16   | 0.14%             | 2030-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                            | Centene Corp                                                                    | CUSIP: 15135BAX9<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    3387000 | PA      | $2923895.49    | 0.01%             | 2031-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                            | Centene Corp                                                                    | CUSIP: 15135BAZ4<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   23000000 | PA      | $19778160.00   | 0.06%             | 2031-08-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC                                                  | CenterPoint Energy Inc                                                          | CUSIP: 15189TBS5<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |   39005000 | PA      | $39323280.80   | 0.13%             | 2056-04-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY RES                                                  | CenterPoint Energy Resources Corp                                               | CUSIP: 15189WAS9<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |    2500000 | PA      | $2581800.00    | 0.01%             | 2034-07-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175BM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     505000 | PA      | $466034.20     | 0.00%             | 2038-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175BS2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   14837000 | PA      | $11640071.61   | 0.04%             | 2049-07-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175BT0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3458000 | PA      | $2609337.64    | 0.01%             | 2050-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175BX1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10000000 | PA      | $8610000.00    | 0.03%             | 2032-02-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175BZ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4605000 | PA      | $3278713.95    | 0.01%             | 2041-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175CA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      18000 | PA      | $11656.26      | 0.00%             | 2052-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175CE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9605000 | PA      | $6663756.90    | 0.02%             | 2042-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175CS1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   29325000 | PA      | $29313563.25   | 0.09%             | 2035-12-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating, LLC                                   | Charter Communications Operating LLC 2024 Term Loan B5                          | CUSIP: 16117LCE7<br>LEI: 549300TPZNMN50BJ3745 | Long             | LON              | CORP              | US        |    7229793 | PA      | $7243349.27    | 0.02%             | 2031-12-15      | Floating      | 6.24%                 | No            |                  2 | On Loan: No      |
| Chase Funding Mortgage Loan Asset-Backed CTFS                           | Chase Funding Trust Series 2003-5                                               | CUSIP: 161546GR1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |       1834 | PA      | $1840.52       | 0.00%             | 2033-07-25      | Floating      | 4.45%                 | No            |                  2 | On Loan: No      |
| Chase Funding Mortgage Loan Asset-Backed CTFS                           | Chase Funding Trust Series 2004-2                                               | CUSIP: 161546JS6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |       2299 | PA      | $2252.58       | 0.00%             | 2035-02-26      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| Chase Mortgage Finance Corporation                                      | Chase Mortgage Finance Trust Series 2006-S3                                     | CUSIP: 16162XAH0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1301032 | PA      | $107031.62     | 0.00%             | 2021-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chase Mortgage Finance Corporation                                      | Chase Mortgage Finance Trust Series 2006-A1                                     | CUSIP: 16163CAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     261081 | PA      | $233404.52     | 0.00%             | 2036-09-25      | Variable      | 4.04%                 | No            |                  2 | On Loan: No      |
| Chase Mortgage Finance Corporation                                      | Chase Mortgage Finance Trust Series 2007-A2                                     | CUSIP: 16163LAF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     413625 | PA      | $415524.16     | 0.00%             | 2035-06-25      | Variable      | 6.16%                 | No            |                  2 | On Loan: No      |
| ChaseFlex Trust                                                         | ChaseFlex Trust Series 2006-2                                                   | CUSIP: 16165MAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3317513 | PA      | $2819837.31    | 0.01%             | 2036-09-25      | Floating      | 3.95%                 | No            |                  2 | On Loan: No      |
| CIT EDUCATION LOAN TRUST                                                | CIT Education Loan Trust 2007-1                                                 | CUSIP: 17284LAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4591452 | PA      | $4280558.49    | 0.01%             | 2042-06-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                           | Citigroup Inc                                                                   | CUSIP: 172967NA5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   22971000 | PA      | $22704306.69   | 0.07%             | 2027-06-09      | Fixed         | 1.46%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                           | Citigroup Inc                                                                   | CUSIP: 172967NE7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   14658000 | PA      | $13144414.92   | 0.04%             | 2032-11-03      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| Citicorp Mortgage Securities, Inc.                                      | Citicorp Mortgage Securities Inc                                                | CUSIP: 172973N96<br>LEI: 549300ISEJNGWSXAKR30 | Long             | ABS-MBS          | CORP              | US        |      56960 | PA      | $55188.07      | 0.00%             | 2035-02-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust Inc                                       | Citigroup Mortgage Loan Trust 2006-AR2                                          | CUSIP: 17307G6K9<br>LEI: 549300R1KUK063S4I339 | Long             | ABS-MBS          | CORP              | US        |    5433393 | PA      | $4033395.29    | 0.01%             | 2036-03-25      | Variable      | 5.71%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust Inc                                       | Citigroup Mortgage Loan Trust 2005-9                                            | CUSIP: 17307GK31<br>LEI: 549300R1KUK063S4I339 | Long             | ABS-MBS          | CORP              | US        |      77961 | PA      | $69039.69      | 0.00%             | 2035-11-25      | Floating      | 4.11%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust Inc                                       | Citigroup Mortgage Loan Trust Inc                                               | CUSIP: 17307GZG6<br>LEI: 549300R1KUK063S4I339 | Long             | ABS-MBS          | CORP              | US        |     256099 | PA      | $226464.83     | 0.00%             | 2035-10-25      | Variable      | 4.96%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust Inc                                       | Citigroup Mortgage Loan Trust 2006-WF2                                          | CUSIP: 17309BAL1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   25506734 | PA      | $12596666.55   | 0.04%             | 2036-05-25      | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| Citicorp Residential Mortgage Securities, Inc.                          | Citicorp Residential Mortgage Trust Series 2007-1                               | CUSIP: 173109AE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |        279 | PA      | $277.88        | 0.00%             | 2037-03-25      | Variable      | 6.55%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust Inc                                       | Citigroup Mortgage Loan Trust 2007-AR5                                          | CUSIP: 17311LAA9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | ABS-MBS          | CORP              | US        |      38741 | PA      | $35064.72      | 0.00%             | 2037-04-25      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust Inc                                       | Citigroup Mortgage Loan Trust 2007-6                                            | CUSIP: 17312VAH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      80893 | PA      | $79795.18      | 0.00%             | 2037-03-25      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust Inc                                       | Citigroup Mortgage Loan Trust 2014-5                                            | CUSIP: 17322TAE1<br>LEI: 549300R1KUK063S4I339 | Long             | ABS-MBS          | CORP              | US        |    4426565 | PA      | $4178925.39    | 0.01%             | 2036-02-20      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                                                             | Citibank NA                                                                     | CUSIP: 17325FBP2<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |    9015000 | PA      | $9277246.35    | 0.03%             | 2030-05-29      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                           | Citigroup Inc                                                                   | CUSIP: 17327CAQ6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |       4000 | PA      | $3666.84       | 0.00%             | 2033-01-25      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                     | Citigroup Commercial Mortgage Trust 2020-555                                    | CUSIP: 17328EAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5000000 | PA      | $4569118.00    | 0.01%             | 2041-12-10      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                                        | Fannie Mae Connecticut Avenue Securities                                        | CUSIP: 20753WAE6<br>LEI: 549300Z5THZ1JXIHVK60 | Long             | ABS-MBS          | USGSE             | US        |    9504263 | PA      | $9648702.92    | 0.03%             | 2039-10-25      | Floating      | 7.39%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                                        | Fannie Mae Connecticut Avenue Securities                                        | CUSIP: 20754RAF3<br>LEI: 549300Z5THZ1JXIHVK60 | Long             | ABS-MBS          | USGSE             | US        |    5660000 | PA      | $5753065.12    | 0.02%             | 2041-10-25      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| Cornerstone Generation LLC                                              | Cornerstone Generation LLC Term Loan B                                          | CUSIP: 21924NAB4<br>LEI: 254900JBGAU2N55LVN75 | Long             | LON              | CORP              | US        |    2106833 | PA      | $2129596.95    | 0.01%             | 2032-08-11      | Floating      | 7.09%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae                                                                      | CUSIP: 21H022614<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  428675000 | PA      | $370061838.58  | 1.19%             | 2055-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae                                                                      | CUSIP: 21H032613<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  171625000 | PA      | $156198744.31  | 0.50%             | 2055-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae                                                                      | CUSIP: 21H040616<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  174725000 | PA      | $164948175.26  | 0.53%             | 2055-01-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae                                                                      | CUSIP: 21H042612<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  155025000 | PA      | $151036904.36  | 0.49%             | 2056-01-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae                                                                      | CUSIP: 21H050615<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  391825000 | PA      | $390809585.51  | 1.26%             | 2055-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae                                                                      | CUSIP: 21H052611<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  158675000 | PA      | $160218907.75  | 0.52%             | 2055-01-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                                                  | CHL Mortgage Pass-Through Trust 2007-HYB1                                       | CUSIP: 22239EAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     767483 | PA      | $643856.87     | 0.00%             | 2037-03-25      | Variable      | 3.71%                 | No            |                  2 | On Loan: No      |
| Indymac Manufactured Housing Contract                                   | Indymac Manufactured Housing Contract Pass-Through Certificates Series 1997-1   | CUSIP: 22540ABC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      13566 | PA      | $13613.05      | 0.00%             | 2028-02-25      | Fixed         | 6.61%                 | No            |                  2 | On Loan: No      |
| Credit Suisse First Boston Mortgage Securities                          | Credit Suisse First Boston Mortgage Securities Corp                             | CUSIP: 22541QNF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       2971 | PA      | $2900.82       | 0.00%             | 2033-08-25      | Variable      | 5.18%                 | No            |                  2 | On Loan: No      |
| Credit Suisse First Boston Mortgage Securities                          | CSFB Mortgage-Backed Pass-Through Certificates Series 2004-1                    | CUSIP: 22541SAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       1814 | PA      | $1819.09       | 0.00%             | 2034-02-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Credit Suisse First Boston Mortgage Securities                          | CSFB Mortgage-Backed Pass-Through Certificates Series 2004-AR5                  | CUSIP: 22541SJE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      25937 | PA      | $25554.56      | 0.00%             | 2034-06-25      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| Credit Suisse First Boston Mortgage Securities                          | Credit Suisse First Boston Mortgage Securities Corp                             | CUSIP: 225458YA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       2549 | PA      | $2202.91       | 0.00%             | 2049-07-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                        | Crown Castle Inc                                                                | CUSIP: 22822VAW1<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |   23220000 | PA      | $20508136.20   | 0.07%             | 2031-04-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| DC Office Trust                                                         | DC Office Trust 2019-MTC                                                        | CUSIP: 23312BAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   31135000 | PA      | $28301409.88   | 0.09%             | 2045-09-15      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| DSLA Mortgage Loan Trust                                                | DSLA Mortgage Loan Trust 2006-AR2                                               | CUSIP: 23332QAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   11563601 | PA      | $7860468.65    | 0.03%             | 2036-10-19      | Floating      | 4.05%                 | No            |                  2 | On Loan: No      |
| DSLA Mortgage Loan Trust                                                | DSLA Mortgage Loan Trust 2004-AR4                                               | CUSIP: 23332UBV5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     859830 | PA      | $656706.11     | 0.00%             | 2045-01-19      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| DSLA Mortgage Loan Trust                                                | DSLA Mortgage Loan Trust 2005-AR3                                               | CUSIP: 23332UDU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      50517 | PA      | $49684.87      | 0.00%             | 2045-07-19      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| DSLA Mortgage Loan Trust                                                | DSLA Mortgage Loan Trust 2007-AR1                                               | CUSIP: 23333YAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4500096 | PA      | $3812841.83    | 0.01%             | 2037-03-19      | Floating      | 3.99%                 | No            |                  2 | On Loan: No      |
| DTI Holdco Inc                                                          | DTI Holdco Inc 2025 Term Loan B                                                 | CUSIP: 23358EAK5<br>LEI: 549300QQVMUL3P8XVJ27 | Long             | LON              | CORP              | US        |    5110547 | PA      | $4785669.32    | 0.02%             | 2029-04-26      | Floating      | 7.72%                 | No            |                  2 | On Loan: No      |
| Dave & Buster's, Inc.                                                   | Dave & Buster's Inc 2024 1st Lien Term Loan B                                   | CUSIP: 23833EAY0<br>LEI: 549300JAVWTAY1FT5Z45 | Long             | LON              | CORP              | US        |    4743701 | PA      | $4254506.99    | 0.01%             | 2031-11-01      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| Deephaven Residential Mortgage Trust                                    | Deephaven Residential Mortgage Trust 2021-4                                     | CUSIP: 24381JAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   18062957 | PA      | $16122976.95   | 0.05%             | 2066-11-25      | Variable      | 1.93%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                 | Dell International LLC / EMC Corp                                               | CUSIP: 24703TAM8<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |   24890000 | PA      | $25505778.60   | 0.08%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES 2020-AA                                                 | Delta Air Lines 2020-1 Class AA Pass Through Trust                              | CUSIP: 247361ZV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   60499990 | PA      | $58296580.05   | 0.19%             | 2028-06-10      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SkyMiles IP Ltd                                                         | SkyMiles IP Ltd 2025 Repriced Term Loan B                                       | CUSIP: 24736CBT0<br>LEI: 2549008L7P4I8VB90936 | Long             | LON              | CORP              | KY        |    7108662 | PA      | $7180637.27    | 0.02%             | 2028-10-20      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                       | DENVER CITY & CNTY CO ARPT REVENUE                                              | CUSIP: 249182PT7<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |    3010000 | PA      | $2750826.96    | 0.01%             | 2031-11-15      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| Deutsche Alt-A Securities INC Mortgage Loan Trust                       | Deutsche Alt-A Securities Mortgage Loan Trust Series 2006-AR4                   | CUSIP: 25150PAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1291811 | PA      | $444206.30     | 0.00%             | 2036-12-25      | Floating      | 4.11%                 | No            |                  2 | On Loan: No      |
| Deutsche Alt-A Securities INC Mortgage Loan Trust                       | Deutsche Alt-A Securities Mortgage Loan Trust Series 2006-AR4                   | CUSIP: 25150PAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   23711007 | PA      | $7516099.98    | 0.02%             | 2036-12-25      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| Deutsche Alt-A Securities INC Mortgage Loan Trust                       | Deutsche Alt-A Securities Mortgage Loan Trust Series 2006-AR6                   | CUSIP: 25150RAF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     267211 | PA      | $235515.35     | 0.00%             | 2037-02-25      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| Deutsche Alt-A Securities INC Mortgage Loan Trust                       | Deutsche Alt-A Securities Mortgage Loan Trust Series 2007-AR3                   | CUSIP: 25150VAL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   12881795 | PA      | $11249904.66   | 0.04%             | 2037-06-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| Deutsche Alt-A Securities INC Mortgage Loan Trust                       | Deutsche Alt-A Securities Mortgage Loan Trust Series 2007-OA3                   | CUSIP: 25150WAA2<br>LEI: 5299003GGM6YEXXXJ012 | Long             | ABS-MBS          | CORP              | US        |   22800527 | PA      | $21736308.21   | 0.07%             | 2047-07-25      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| Deutsche Alt-A Securities INC Mortgage Loan Trust                       | Deutsche Alt-A Securities Inc Mortgage Loan Trust Series 2005-6                 | CUSIP: 251510KC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     178951 | PA      | $145477.89     | 0.00%             | 2035-12-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Deutsche Alt-A Securities INC Mortgage Loan Trust                       | Deutsche Alt-A Securities Inc Mortgage Loan Trust Series 2006-AR1               | CUSIP: 251510LF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     476353 | PA      | $308093.91     | 0.00%             | 2036-02-25      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Deutsche Alt-A Securities INC Mortgage Loan Trust                       | Deutsche Alt-A Securities Mortgage Loan Trust Series 2006-AR3                   | CUSIP: 25151AAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1551443 | PA      | $1439363.13    | 0.00%             | 2036-08-25      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| Deutsche Alt-A Securities INC Mortgage Loan Trust                       | Deutsche Alt-A Securities Mortgage Loan Trust Series 2007-3                     | CUSIP: 25151KAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   15721557 | PA      | $12479078.66   | 0.04%             | 2047-10-25      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| DIAGEO INVESTMENT CORP                                                  | Diageo Investment Corp                                                          | CUSIP: 25245BAE7<br>LEI: S4G8DPIPDVCF6CB81Z61 | Long             | DBT              | CORP              | US        |    3595000 | PA      | $3810664.05    | 0.01%             | 2035-04-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                     | Dominion Energy Inc                                                             | CUSIP: 25746UDZ9<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |   11960000 | PA      | $12049580.40   | 0.04%             | 2056-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                     | Dominion Energy Inc                                                             | CUSIP: 25746UEA3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |   35570000 | PA      | $35817567.20   | 0.12%             | 2056-02-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED USD / SOLD GBP                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |          1 | NC      | $-4443.38      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | XX        |          1 | NC      | $-15092.89     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED USD / SOLD GBP                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |          1 | NC      | $73743.67      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED USD / SOLD AUD                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |          1 | NC      | $-582399.63    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED USD / SOLD EUR                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |          1 | NC      | $43179.99      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED USD / SOLD EUR                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |          1 | NC      | $27862.51      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | XX        |          1 | NC      | $-34790.19     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | XX        |          1 | NC      | $-14850.63     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | XX        |          1 | NC      | $29977.69      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED USD / SOLD GBP                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |          1 | NC      | $-271769.68    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED USD / SOLD AUD                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |          1 | NC      | $-2200794.83   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                                  | PURCHASED USD / SOLD EUR                                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |          1 | NC      | $-1036561.48   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | XX        |          1 | NC      | $149922.82     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED USD / SOLD EUR                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |          1 | NC      | $-68652.94     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | XX        |          1 | NC      | $157198.03     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | XX        |          1 | NC      | $37105.25      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED USD / SOLD EUR                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |          1 | NC      | $-19431.75     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED USD / SOLD EUR                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |          1 | NC      | $-6242.43      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                                  | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | XX        |          1 | NC      | $6393.13       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED USD / SOLD AUD                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |          1 | NC      | $-222805.33    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED USD / SOLD EUR                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |          1 | NC      | $-1225.90      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED USD / SOLD EUR                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |          1 | NC      | $-7149.69      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED USD / SOLD EUR                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |          1 | NC      | $-66567.48     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | XX        |          1 | NC      | $3088.67       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | XX        |          1 | NC      | $113858.98     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED USD / SOLD EUR                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |          1 | NC      | $-75663.98     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED USD / SOLD EUR                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |          1 | NC      | $-1505.04      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | XX        |          1 | NC      | $594606.95     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED GBP / SOLD USD                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | GB        |          1 | NC      | $427061.64     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | XX        |          1 | NC      | $443138.73     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | XX        |          1 | NC      | $18271.74      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                                  | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | XX        |          1 | NC      | $133281.16     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED USD / SOLD GBP                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |          1 | NC      | $-100119.98    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED USD / SOLD EUR                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |          1 | NC      | $-173401.02    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                                                      | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | XX        |          1 | NC      | $3256.93       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED USD / SOLD EUR                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |          1 | NC      | $-142178.78    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | XX        |          1 | NC      | $247538.65     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                                  | PURCHASED USD / SOLD EUR                                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |          1 | NC      | $-118322.99    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED USD / SOLD AUD                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |          1 | NC      | $-100736.78    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC                                     | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | XX        |          1 | NC      | $90981.17      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED AUD / SOLD USD                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | AU        |          1 | NC      | $76793.73      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED AUD / SOLD USD                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | AU        |          1 | NC      | $126192.38     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED USD / SOLD AUD                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |          1 | NC      | $-148829.42    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED AUD / SOLD USD                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | AU        |          1 | NC      | $72250.13      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | XX        |          1 | NC      | $19225.50      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of New York Mellon                                                 | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              |  | XX        |          1 | NC      | $51303.36      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC                                     | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | XX        |          1 | NC      | $22677.69      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                                  | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | XX        |          1 | NC      | $49647.98      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED USD / SOLD EUR                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |          1 | NC      | $-46905.28     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | XX        |          1 | NC      | $63256.10      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED USD / SOLD AUD                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |          1 | NC      | $-28764.23     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | XX        |          1 | NC      | $53255.34      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED USD / SOLD GBP                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |          1 | NC      | $-2493.38      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED USD / SOLD GBP                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |          1 | NC      | $-22255.15     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                             | PURCHASED USD / SOLD GBP                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |          1 | NC      | $-5651.98      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | XX        |          1 | NC      | $-15017.64     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                                  | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | XX        |          1 | NC      | $-3371.09      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                             | PURCHASED GBP / SOLD USD                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | GB        |          1 | NC      | $42866.45      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                                                 | Dryden 40 Senior Loan Fund                                                      | CUSIP: 26244GAS4<br>LEI: 549300BH0PFEW6WVTN52 | Long             | ABS-CBDO         | CORP              | KY        |    6389296 | PA      | $6393494.02    | 0.02%             | 2031-08-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                                                 | Dryden 92 CLO Ltd                                                               | CUSIP: 262488AC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   22500000 | PA      | $22528305.00   | 0.07%             | 2034-11-20      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                                                 | Dryden XXVI Senior Loan Fund                                                    | CUSIP: 26250UAQ8<br>LEI: 549300ENU7ZZLTPT3E22 | Long             | ABS-CBDO         | CORP              | KY        |    1359941 | PA      | $1360554.12    | 0.00%             | 2029-04-15      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                                                 | Dryden 65 CLO Ltd                                                               | CUSIP: 26251YAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    3500000 | PA      | $3504441.50    | 0.01%             | 2030-07-18      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                   | Duke Energy Carolinas LLC                                                       | CUSIP: 26442CAN4<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    1239000 | PA      | $1043411.46    | 0.00%             | 2042-09-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY FLORIDA LLC                                                 | Duke Energy Florida LLC                                                         | CUSIP: 26444HAQ4<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |    2409000 | PA      | $2603719.47    | 0.01%             | 2033-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| EOC Borrower LLC                                                        | EOC Borrower LLC Term Loan A                                                    | CUSIP: 26875YAC6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    1930577 | PA      | $1939023.75    | 0.01%             | 2028-03-24      | Floating      | 7.47%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                                            | Ecopetrol SA                                                                    | CUSIP: 279158AS8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |   11674000 | PA      | $12473669.00   | 0.04%             | 2033-01-13      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                                                | Electricite de France SA                                                        | CUSIP: 28504DAG8<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    1885000 | PA      | $1971672.30    | 0.01%             | 2055-01-13      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Astrion Group, LLC                                                      | Astrion Group LLC 2024 Term Loan                                                | CUSIP: 29288KAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    2984924 | PA      | $2253617.73    | 0.01%             | 2031-08-29      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| ENTERGY CORP                                                            | Entergy Corp                                                                    | CUSIP: 29364GAR4<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   31755000 | PA      | $31780404.00   | 0.10%             | 2056-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ENTERGY CORP                                                            | Entergy Corp                                                                    | CUSIP: 29364GAS2<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   11840000 | PA      | $11840592.00   | 0.04%             | 2056-06-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Equity One ABS Inc                                                      | Popular ABS Inc                                                                 | CUSIP: 294751AG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      43317 | PA      | $42282.20      | 0.00%             | 2029-11-25      | Variable      | 7.48%                 | No            |                  2 | On Loan: No      |
| Equity One ABS Inc                                                      | Equity One Mortgage Pass-Through Trust 2002-4                                   | CUSIP: 294751BE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |       1776 | PA      | $1773.93       | 0.00%             | 2033-02-25      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| Equity One ABS Inc                                                      | Equity One Mortgage Pass-Through Trust 2002-5                                   | CUSIP: 294751BP6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      15547 | PA      | $16898.14      | 0.00%             | 2032-11-25      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                  | Extra Space Storage LP                                                          | CUSIP: 30225VAF4<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |    1500000 | PA      | $1357050.00    | 0.00%             | 2031-06-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                  | Extra Space Storage LP                                                          | CUSIP: 30225VAH0<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |    1430000 | PA      | $1413311.90    | 0.00%             | 2029-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                  | Extra Space Storage LP                                                          | CUSIP: 30225VAM9<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |     928000 | PA      | $925800.64     | 0.00%             | 2027-12-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                  | Extra Space Storage LP                                                          | CUSIP: 30225VAP2<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |    1090000 | PA      | $987005.90     | 0.00%             | 2030-10-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                  | Extra Space Storage LP                                                          | CUSIP: 30225VAQ0<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |   14348000 | PA      | $12753937.20   | 0.04%             | 2031-10-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| First Franklin Mtg Loan Asset Backed Certificates                       | First Franklin Mortgage Loan Trust 2006-FF13                                    | CUSIP: 30247DAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8301581 | PA      | $5505981.27    | 0.02%             | 2036-10-25      | Floating      | 4.17%                 | No            |                  2 | On Loan: No      |
| First Franklin Mtg Loan Asset Backed Certificates                       | First Franklin Mortgage Loan Trust 2006-FF13                                    | CUSIP: 30247DAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     523478 | PA      | $346915.95     | 0.00%             | 2036-10-25      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                      | Meta Platforms Inc                                                              | CUSIP: 30303M8W5<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    5000000 | PA      | $4653600.00    | 0.01%             | 2064-08-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                      | Meta Platforms Inc                                                              | CUSIP: 30303M8X3<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |   77000000 | PA      | $74891740.00   | 0.24%             | 2045-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                      | Meta Platforms Inc                                                              | CUSIP: 30303MAD4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |   37260000 | PA      | $37250685.00   | 0.12%             | 2035-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FARMERS EXCHANGE CAPITAL                                                | Farmers Exchange Capital                                                        | CUSIP: 309588AC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   13283000 | PA      | $13944094.91   | 0.04%             | 2028-07-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| FARMERS EXCHANGE CAPITAL                                                | Farmers Exchange Capital                                                        | CUSIP: 309588AE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   18415000 | PA      | $18782379.25   | 0.06%             | 2048-07-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| FARMERS EXCHANGE CAP II                                                 | Farmers Exchange Capital II                                                     | CUSIP: 30958PAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   57061000 | PA      | $56259863.56   | 0.18%             | 2053-11-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| FARMERS EXCHANGE CAP III                                                | Farmers Exchange Capital III                                                    | CUSIP: 30958QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   49425000 | PA      | $46715521.50   | 0.15%             | 2054-10-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FARMERS INS EXCH                                                        | Farmers Insurance Exchange                                                      | CUSIP: 309601AE2<br>LEI: 549300UWG2TLX1GZVT44 | Long             | DBT              | CORP              | US        |   23060000 | PA      | $19613683.00   | 0.06%             | 2057-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 31283HC52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         94 | PA      | $96.07         | 0.00%             | 2028-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 31283HVG7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     154935 | PA      | $158173.99     | 0.00%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128KHMD5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     984311 | PA      | $1005862.67    | 0.00%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128KRJH8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       2642 | PA      | $2703.20       | 0.00%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128M4FU2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     256436 | PA      | $262390.92     | 0.00%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128M4RD7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     863024 | PA      | $916182.55     | 0.00%             | 2037-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128M4TL7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1143661 | PA      | $1193558.02    | 0.00%             | 2037-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128M5B25<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     258332 | PA      | $269565.34     | 0.00%             | 2037-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128M5MZ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     874906 | PA      | $912952.09     | 0.00%             | 2037-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128M5RC6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     571829 | PA      | $596695.34     | 0.00%             | 2038-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128M5XN5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       4672 | PA      | $4979.73       | 0.00%             | 2038-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128M6HP6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1754432 | PA      | $1838605.56    | 0.01%             | 2038-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128M6R34<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      56840 | PA      | $59561.75      | 0.00%             | 2038-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128M6RY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1439959 | PA      | $1509100.19    | 0.00%             | 2038-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128M7Z74<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5454128 | PA      | $5487438.33    | 0.02%             | 2040-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128M8MJ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       7966 | PA      | $7828.95       | 0.00%             | 2041-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128M8RT3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    7935397 | PA      | $7798164.35    | 0.03%             | 2041-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128M8RU0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3436211 | PA      | $3376766.46    | 0.01%             | 2041-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128M96X5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   68220874 | PA      | $66863572.50   | 0.22%             | 2044-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128M9R53<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    8562928 | PA      | $8204559.80    | 0.03%             | 2043-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MABR9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   42607549 | PA      | $40796715.62   | 0.13%             | 2044-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MABS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5736089 | PA      | $5486209.48    | 0.02%             | 2044-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MAD55<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    6367244 | PA      | $6085049.40    | 0.02%             | 2045-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MAD63<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4534952 | PA      | $4436160.77    | 0.01%             | 2045-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJ2M1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      40442 | PA      | $38034.78      | 0.00%             | 2047-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJ2S8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      35918 | PA      | $33779.97      | 0.00%             | 2047-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJ3A6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      30726 | PA      | $28896.74      | 0.00%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJ4L1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5879431 | PA      | $5980956.42    | 0.02%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJ4T4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3268188 | PA      | $3327703.34    | 0.01%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJ4Y3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1628691 | PA      | $1656815.01    | 0.01%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJ5A4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     514113 | PA      | $522990.73     | 0.00%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJ5D8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4053762 | PA      | $4030918.40    | 0.01%             | 2048-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJ5E6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4625324 | PA      | $4705193.74    | 0.02%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJ5J5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     694223 | PA      | $690310.45     | 0.00%             | 2048-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJ5K2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1612670 | PA      | $1640517.98    | 0.01%             | 2048-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJX47<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        553 | PA      | $522.16        | 0.00%             | 2046-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJXE5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   16043292 | PA      | $15163733.39   | 0.05%             | 2045-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJXK1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   10704660 | PA      | $10117787.50   | 0.03%             | 2045-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJY61<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   59767890 | PA      | $54373566.83   | 0.18%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJYG9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   64948726 | PA      | $59086808.54   | 0.19%             | 2046-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJYH7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4529274 | PA      | $4278674.37    | 0.01%             | 2046-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJYM6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   89311741 | PA      | $81250950.98   | 0.26%             | 2046-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJYT1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    8989655 | PA      | $8178297.64    | 0.03%             | 2046-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJYU8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   20233014 | PA      | $19113543.61   | 0.06%             | 2046-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJYY0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   97112743 | PA      | $88347876.74   | 0.28%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJYZ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   17629110 | PA      | $16653710.52   | 0.05%             | 2046-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJZ45<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    8080972 | PA      | $7819452.25    | 0.03%             | 2047-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJZF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   38096859 | PA      | $34658444.65   | 0.11%             | 2047-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJZG8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   28910120 | PA      | $27310553.91   | 0.09%             | 2047-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJZM5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   13487862 | PA      | $12270521.17   | 0.04%             | 2047-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJZX1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   10474414 | PA      | $9850874.30    | 0.03%             | 2047-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJZY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       8078 | PA      | $7816.86       | 0.00%             | 2047-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MS2X7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       1960 | PA      | $2046.08       | 0.00%             | 2037-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3128MXT25<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      55266 | PA      | $57680.23      | 0.00%             | 2037-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 31292HUR3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     119540 | PA      | $122043.74     | 0.00%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 31292MBP7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    7949799 | PA      | $7343272.30    | 0.02%             | 2043-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 31292MCJ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    9405354 | PA      | $8695373.15    | 0.03%             | 2043-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 312945ZB7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3903070 | PA      | $3832020.95    | 0.01%             | 2041-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 31297BTM4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      15306 | PA      | $15774.74      | 0.00%             | 2031-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 31297CWX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     529261 | PA      | $547120.20     | 0.00%             | 2034-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 31297VAM0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      11529 | PA      | $12020.74      | 0.00%             | 2035-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 31298EX91<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       1261 | PA      | $1281.20       | 0.00%             | 2029-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3131XU6Q5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    9814148 | PA      | $8917575.53    | 0.03%             | 2046-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3131XVRE7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   11592184 | PA      | $10533179.09   | 0.03%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 31329NU48<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      93899 | PA      | $88198.90      | 0.00%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 31329NVV7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     326125 | PA      | $306326.64     | 0.00%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132A5GA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   11662246 | PA      | $10596840.04   | 0.03%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132A5JM8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     785130 | PA      | $736493.24     | 0.00%             | 2048-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132ACJW1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1138100 | PA      | $1074503.15    | 0.00%             | 2046-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DNJX2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   14109803 | PA      | $11475032.65   | 0.04%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DPL55<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   41750830 | PA      | $40999029.64   | 0.13%             | 2053-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DPSK5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   65908149 | PA      | $64684753.56   | 0.21%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DQU38<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   51504976 | PA      | $42003259.05   | 0.14%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DSEH1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   92601974 | PA      | $82284362.47   | 0.26%             | 2053-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DVKP9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5207109 | PA      | $4883456.59    | 0.02%             | 2049-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DVKQ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   11490331 | PA      | $10783669.72   | 0.03%             | 2049-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DVKY0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   12045355 | PA      | $11304559.46   | 0.04%             | 2050-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DWAW3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      99113 | PA      | $80991.30      | 0.00%             | 2051-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DWC27<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  298995796 | PA      | $254491997.18  | 0.82%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DWC68<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   68653277 | PA      | $55893608.43   | 0.18%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DWCT8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   23005617 | PA      | $18725771.31   | 0.06%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DWCZ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   36406436 | PA      | $29620856.41   | 0.10%             | 2052-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DWDJ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  202225191 | PA      | $172221189.41  | 0.55%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DWDQ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   10270458 | PA      | $8355287.61    | 0.03%             | 2052-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DWDS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  120219465 | PA      | $106810755.34  | 0.34%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DWDZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   53596338 | PA      | $47612221.26   | 0.15%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DWE66<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   70739339 | PA      | $69481451.17   | 0.22%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DWES8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   90180831 | PA      | $88509315.43   | 0.28%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DWF32<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   41176360 | PA      | $39250359.61   | 0.13%             | 2053-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DWFF5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  208327729 | PA      | $204401792.61  | 0.66%             | 2052-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132DWJF1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  146174933 | PA      | $148638846.03  | 0.48%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3132E0KB7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   82217187 | PA      | $73183818.67   | 0.24%             | 2052-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3132GMDH2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   13317333 | PA      | $13074930.64   | 0.04%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3132H7DB7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   21115435 | PA      | $20104379.74   | 0.06%             | 2043-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddiemac Strip                                                        | Freddie Mac Strips                                                              | CUSIP: 3132HTQF6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    8722847 | PA      | $6785229.06    | 0.02%             | 2043-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Freddiemac Strip                                                        | Freddie Mac Strips                                                              | CUSIP: 3132HTWM4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1560819 | PA      | $1550553.78    | 0.00%             | 2043-11-15      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3132L5MD2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   15076175 | PA      | $14435433.02   | 0.05%             | 2043-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3132XCR49<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   63154850 | PA      | $59804946.32   | 0.19%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3132XCR80<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   36060286 | PA      | $35032535.32   | 0.11%             | 2048-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3132XCRV9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   16971854 | PA      | $16070619.44   | 0.05%             | 2046-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3132XCRY3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  122285960 | PA      | $115792363.97  | 0.37%             | 2047-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3132XCSA4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     320604 | PA      | $311045.52     | 0.00%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3132XCSB2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      52662 | PA      | $51132.24      | 0.00%             | 2048-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 3132XCSE6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   44004401 | PA      | $42726449.39   | 0.14%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 31335AAY4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    6808709 | PA      | $6515560.28    | 0.02%             | 2045-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 31335AEK0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   57026440 | PA      | $54336305.97   | 0.17%             | 2045-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 31335AHP6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   21948939 | PA      | $20887954.46   | 0.07%             | 2045-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Gold Pool                                                           | CUSIP: 31335ALZ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      53213 | PA      | $51800.65      | 0.00%             | 2045-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3133B0QP1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  119747700 | PA      | $97512281.38   | 0.31%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3133B5AN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   85146847 | PA      | $69269201.63   | 0.22%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3133B9KZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5630128 | PA      | $4580257.48    | 0.01%             | 2052-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3133B9SJ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2486280 | PA      | $2115539.14    | 0.01%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3133KK3F4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   63882085 | PA      | $52212949.26   | 0.17%             | 2051-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3133KKU23<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    7246720 | PA      | $5922984.96    | 0.02%             | 2050-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3133KL2S5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   95014352 | PA      | $81525210.82   | 0.26%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3133KNGQ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  108306010 | PA      | $88171969.43   | 0.28%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 3133N3VW1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3171238 | PA      | $2807846.30    | 0.01%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 3133TAG22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       3825 | PA      | $3870.89       | 0.00%             | 2027-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 3133TGYT0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      21160 | PA      | $21234.80      | 0.00%             | 2028-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 3133TLMU9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       3110 | PA      | $3182.89       | 0.00%             | 2029-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 3133TTK67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        937 | PA      | $948.76        | 0.00%             | 2031-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 3133TVPR1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       2129 | PA      | $2360.19       | 0.00%             | 2032-02-15      | Floating      | 10.27%                | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 31359VHQ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       4254 | PA      | $4272.12       | 0.00%             | 2029-03-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31368HMY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     234165 | PA      | $244121.99     | 0.00%             | 2036-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31368HNM1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       3359 | PA      | $3375.16       | 0.00%             | 2039-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136A1ZR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    5535584 | PA      | $5468825.24    | 0.02%             | 2041-10-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136A2HP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    5502997 | PA      | $5420400.78    | 0.02%             | 2041-11-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136A7N65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4526511 | PA      | $4357986.05    | 0.01%             | 2042-08-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136AGZD7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4258125 | PA      | $3028904.97    | 0.01%             | 2043-10-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136AGZR6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7210702 | PA      | $5110405.35    | 0.02%             | 2043-10-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136ASXS0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    5312492 | PA      | $5260475.58    | 0.02%             | 2046-07-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136AT2W3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    8533040 | PA      | $8449040.25    | 0.03%             | 2046-10-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136ATE26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    8421555 | PA      | $8337180.96    | 0.03%             | 2046-10-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136ATJ96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   10947632 | PA      | $10837236.88   | 0.03%             | 2046-10-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136B1Q80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      11345 | PA      | $11206.89      | 0.00%             | 2047-06-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136B1S96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   10778953 | PA      | $9777808.49    | 0.03%             | 2048-06-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136B1ZL1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    9380451 | PA      | $9289620.47    | 0.03%             | 2046-11-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136B2EW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   12077734 | PA      | $10958131.44   | 0.04%             | 2048-06-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136B3A34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1099000 | PA      | $1024752.22    | 0.00%             | 2049-02-25      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136B3D80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1056931 | PA      | $995160.80     | 0.00%             | 2049-02-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136B3SX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     253394 | PA      | $252696.48     | 0.00%             | 2047-05-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136B3WS5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2591251 | PA      | $2422421.82    | 0.01%             | 2048-12-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136B4WS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2808368 | PA      | $2557369.30    | 0.01%             | 2049-06-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136B53X1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3087804 | PA      | $2799709.70    | 0.01%             | 2049-09-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136B5RG2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   11360394 | PA      | $10260001.80   | 0.03%             | 2049-08-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136B64Y6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   21033294 | PA      | $20721082.03   | 0.07%             | 2049-11-25      | Floating      | 4.44%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 3136B72K6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      62468 | PA      | $61465.48      | 0.00%             | 2050-01-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| FEDERAL REALTY OP LP                                                    | Federal Realty OP LP                                                            | CUSIP: 313747AF4<br>LEI: 549300LI6XZ51GOCJ427 | Long             | DBT              |  | US        |   18825000 | PA      | $19143142.50   | 0.06%             | 2026-08-15      | Fixed         | 7.48%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31374F2P3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         39 | PA      | $39.25         | 0.00%             | 2026-10-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31378CTK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         39 | PA      | $39.34         | 0.00%             | 2027-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 3137A2XC0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   19483722 | PA      | $19581725.99   | 0.06%             | 2040-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 3137ADUY1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2152166 | PA      | $188542.73     | 0.00%             | 2041-07-15      | Floating      | 1.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 3137AE6P5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4434815 | PA      | $4453656.79    | 0.01%             | 2041-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 3137AEXB6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    9488349 | PA      | $9455632.82    | 0.03%             | 2041-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 3137AFGJ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    9215000 | PA      | $9234354.82    | 0.03%             | 2041-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 3137AUNJ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2291045 | PA      | $2257563.52    | 0.01%             | 2041-09-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 3137AYKS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3150967 | PA      | $3111506.39    | 0.01%             | 2041-12-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 3137BVBM7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     204629 | PA      | $197358.32     | 0.00%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 3137FGVJ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     909455 | PA      | $819723.69     | 0.00%             | 2048-04-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 3137FKBE5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3742476 | PA      | $3736587.76    | 0.01%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 3137FKHV1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      17892 | PA      | $17854.00      | 0.00%             | 2047-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 3137FKV52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1821486 | PA      | $1783814.09    | 0.01%             | 2048-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 3137FKVT0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1670689 | PA      | $1574905.27    | 0.01%             | 2049-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 3137FLUD4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     569978 | PA      | $526606.69     | 0.00%             | 2049-04-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 3137FMLW0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     539799 | PA      | $493453.99     | 0.00%             | 2049-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 3137FQA52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4034792 | PA      | $3961952.64    | 0.01%             | 2049-12-25      | Floating      | 4.44%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31385HUQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        862 | PA      | $915.24        | 0.00%             | 2031-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31385JH92<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        150 | PA      | $158.33        | 0.00%             | 2032-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31388SEP6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       2835 | PA      | $2982.21       | 0.00%             | 2031-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31389HCB2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1106 | PA      | $1173.71       | 0.00%             | 2032-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31389R7K6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      11344 | PA      | $12023.75      | 0.00%             | 2031-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3138A5FW7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    5022353 | PA      | $4929913.81    | 0.02%             | 2041-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3138ASR20<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6897722 | PA      | $6764032.59    | 0.02%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3138EG5M2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4458489 | PA      | $4745077.14    | 0.02%             | 2040-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3138EGGT5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7523350 | PA      | $7596203.17    | 0.02%             | 2041-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3138EJYT9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      58127 | PA      | $55425.06      | 0.00%             | 2042-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3138EMDB4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   21331617 | PA      | $20889187.75   | 0.07%             | 2044-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3138EP3A0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      29103 | PA      | $26721.95      | 0.00%             | 2045-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3138EPBS2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      18972 | PA      | $18042.63      | 0.00%             | 2045-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3138EQ4X7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      49645 | PA      | $50194.44      | 0.00%             | 2034-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3138ER5G1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   56962534 | PA      | $56795891.92   | 0.18%             | 2047-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3138ERDL1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   16081669 | PA      | $16034622.46   | 0.05%             | 2046-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3138ERQ29<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2598769 | PA      | $2548316.00    | 0.01%             | 2043-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3138ERYU8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   53196884 | PA      | $53041258.94   | 0.17%             | 2046-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3138ET5W2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   13012422 | PA      | $12974354.57   | 0.04%             | 2046-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3138ETE69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     267597 | PA      | $247980.82     | 0.00%             | 2043-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3138ETJA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     107518 | PA      | $108482.61     | 0.00%             | 2034-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3138WJTV0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   10020197 | PA      | $9976872.09    | 0.03%             | 2047-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3138WK4Q5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   18526671 | PA      | $17906351.63   | 0.06%             | 2047-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3138WLCJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   16893913 | PA      | $16328262.10   | 0.05%             | 2047-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3138WXWK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      91257 | PA      | $89363.83      | 0.00%             | 2043-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31390TVV8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      32861 | PA      | $34969.97      | 0.00%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 313921MN5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      32241 | PA      | $33571.83      | 0.00%             | 2031-10-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                                                    | Fannie Mae Trust 2003-W2                                                        | CUSIP: 31392JAQ2<br>LEI: 5493001NEANKKEPIN618 | Long             | ABS-MBS          | USGSE             | US        |      11774 | PA      | $12119.75      | 0.00%             | 2042-07-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 31392TS40<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        951 | PA      | $958.92        | 0.00%             | 2032-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 31394VED8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       2002 | PA      | $13.36         | 0.00%             | 2035-11-25      | Floating      | 2.61%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 31394VYX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      11832 | PA      | $11894.82      | 0.00%             | 2036-02-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 31395DXX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     315271 | PA      | $344018.22     | 0.00%             | 2036-04-25      | Floating      | 13.05%                | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 31395XW84<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     398660 | PA      | $43707.35      | 0.00%             | 2035-08-15      | Floating      | 3.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 31396EJS6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1087897 | PA      | $1114805.18    | 0.00%             | 2035-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 31396P6P1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1132908 | PA      | $94298.69      | 0.00%             | 2037-04-25      | Floating      | 2.12%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 31396PZH7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     541317 | PA      | $36914.64      | 0.00%             | 2037-03-25      | Floating      | 2.41%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 31396WVQ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1543 | PA      | $1535.86       | 0.00%             | 2037-07-25      | Floating      | 4.46%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac REMICS                                                              | CUSIP: 31397GRJ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     176257 | PA      | $19324.00      | 0.00%             | 2035-08-15      | Floating      | 3.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 31397LDB2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      76647 | PA      | $80954.31      | 0.00%             | 2037-06-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 31398MGB6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2687622 | PA      | $260975.93     | 0.00%             | 2040-03-25      | Floating      | 2.36%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 31398NQJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1249308 | PA      | $109011.80     | 0.00%             | 2040-10-25      | Floating      | 2.61%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae REMICS                                                               | CUSIP: 31398RAW5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4753638 | PA      | $471176.68     | 0.00%             | 2040-05-25      | Floating      | 2.43%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31402CWS7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     308495 | PA      | $318505.84     | 0.00%             | 2034-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31402QLK5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       3113 | PA      | $3139.95       | 0.00%             | 2033-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31402QPF2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     445911 | PA      | $449759.19     | 0.00%             | 2033-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31402QYC9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       6166 | PA      | $6527.55       | 0.00%             | 2034-04-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31402QYV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1022148 | PA      | $1063280.38    | 0.00%             | 2035-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31402RH44<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1268241 | PA      | $1278807.07    | 0.00%             | 2035-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31402WNN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        678 | PA      | $699.99        | 0.00%             | 2033-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31403CZL8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       7232 | PA      | $7292.04       | 0.00%             | 2035-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31403MW54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       2615 | PA      | $2637.47       | 0.00%             | 2033-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31406N4F8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      11885 | PA      | $11983.63      | 0.00%             | 2035-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31407SGS5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       2768 | PA      | $2822.56       | 0.00%             | 2035-11-01      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31407YQ28<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1252 | PA      | $1265.03       | 0.00%             | 2035-12-01      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140F9WL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      34047 | PA      | $32124.91      | 0.00%             | 2047-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140J9W23<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   19247867 | PA      | $18687275.47   | 0.06%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140JADM7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4506726 | PA      | $4095013.21    | 0.01%             | 2048-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140JLYN8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      13660 | PA      | $13278.21      | 0.00%             | 2049-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140KSVF1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  384241936 | PA      | $312491313.60  | 1.01%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140KSYC5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   37599104 | PA      | $30604361.30   | 0.10%             | 2052-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140M2TJ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   63328473 | PA      | $51502936.33   | 0.17%             | 2052-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140MGKG5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2301510 | PA      | $1958321.00    | 0.01%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140MNMH6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   91734856 | PA      | $81503185.25   | 0.26%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140N27K1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   74322174 | PA      | $72876294.13   | 0.23%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140Q75Y9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1725470 | PA      | $1620813.60    | 0.01%             | 2047-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140Q83U7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      57349 | PA      | $56957.34      | 0.00%             | 2048-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140Q83V5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    5876812 | PA      | $5836725.06    | 0.02%             | 2048-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140Q8DA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      23742 | PA      | $22384.66      | 0.00%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140Q8J97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   27034549 | PA      | $25393332.03   | 0.08%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140Q8KD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2048819 | PA      | $1924550.63    | 0.01%             | 2047-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140Q9N25<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   12677244 | PA      | $12590769.21   | 0.04%             | 2048-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140Q9SR5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   19024343 | PA      | $18470261.67   | 0.06%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140Q9XX6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3152494 | PA      | $3130990.69    | 0.01%             | 2048-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140QBBB3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   13186662 | PA      | $12392573.09   | 0.04%             | 2049-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140QBN53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   12969063 | PA      | $11874636.94   | 0.04%             | 2049-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140QDKB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   46325410 | PA      | $41861973.33   | 0.13%             | 2050-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140QKVC9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   49586695 | PA      | $42641728.61   | 0.14%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140QMSB1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  125319692 | PA      | $107534748.69  | 0.35%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140QMTX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  138105263 | PA      | $112579156.88  | 0.36%             | 2051-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140QN6U1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   13858601 | PA      | $12329302.42   | 0.04%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140QNCD2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   61813968 | PA      | $50602322.18   | 0.16%             | 2052-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140QPAV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  135089036 | PA      | $128914342.76  | 0.41%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140QRJV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   44902895 | PA      | $44069921.36   | 0.14%             | 2053-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140QSTL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   31178869 | PA      | $30706330.39   | 0.10%             | 2053-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140X5R88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7168285 | PA      | $6493709.76    | 0.02%             | 2048-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140X5SG9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  117666365 | PA      | $110429824.53  | 0.36%             | 2049-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140X5UN1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   11775265 | PA      | $11116557.98   | 0.04%             | 2048-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140XGYU7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  144004647 | PA      | $117337858.87  | 0.38%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140XHZA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3207702 | PA      | $2731577.01    | 0.01%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140XJT94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   17001230 | PA      | $15106971.47   | 0.05%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140XMC87<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   52021654 | PA      | $46213353.39   | 0.15%             | 2052-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 3140XPBW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   40870469 | PA      | $40969405.44   | 0.13%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31410G2R3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1088723 | PA      | $1124094.51    | 0.00%             | 2036-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31410GAM5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      58475 | PA      | $64211.63      | 0.00%             | 2037-04-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31416WYK2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   11379720 | PA      | $11169730.66   | 0.04%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31416XAD2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   12711423 | PA      | $12477460.98   | 0.04%             | 2040-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31417ACR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4626930 | PA      | $4446934.79    | 0.01%             | 2041-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31417AP78<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4328567 | PA      | $4163883.39    | 0.01%             | 2041-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31417AWY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1553352 | PA      | $1537407.26    | 0.00%             | 2032-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31417DCX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     167883 | PA      | $155447.07     | 0.00%             | 2042-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31417GX92<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    8210632 | PA      | $7808253.98    | 0.03%             | 2043-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31417VFV0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       5135 | PA      | $5175.23       | 0.00%             | 2039-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418AHY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   12888476 | PA      | $12605092.93   | 0.04%             | 2042-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418AJX7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   17917978 | PA      | $17061919.08   | 0.05%             | 2042-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418AR26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      37618 | PA      | $35774.48      | 0.00%             | 2043-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418ASW9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      23590 | PA      | $22947.88      | 0.00%             | 2033-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418ATR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      11238 | PA      | $10929.39      | 0.00%             | 2033-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418AVV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   16481778 | PA      | $16019779.82   | 0.05%             | 2033-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418AWX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   10419991 | PA      | $10125648.84   | 0.03%             | 2033-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418AXL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6199049 | PA      | $5895252.89    | 0.02%             | 2043-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418AXN3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   15781842 | PA      | $15539312.58   | 0.05%             | 2033-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418AYE2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   10978927 | PA      | $10810354.86   | 0.03%             | 2033-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418BFY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      22900 | PA      | $22496.64      | 0.00%             | 2034-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418C4X9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7631135 | PA      | $7579083.15    | 0.02%             | 2048-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418CGD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      32296 | PA      | $29345.70      | 0.00%             | 2047-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418CJE5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   15300675 | PA      | $14788000.64   | 0.05%             | 2047-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418CLH5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   11595719 | PA      | $11207185.71   | 0.04%             | 2047-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418CPE8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     902132 | PA      | $847414.65     | 0.00%             | 2047-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418CR89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   33395180 | PA      | $31369634.89   | 0.10%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418CRC0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   19148709 | PA      | $17987266.55   | 0.06%             | 2047-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418CS47<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   29099205 | PA      | $27334226.66   | 0.09%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418CU77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   15107437 | PA      | $14171575.43   | 0.05%             | 2048-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418CUA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   11393261 | PA      | $10702215.92   | 0.03%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418CV27<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   41599976 | PA      | $39022977.85   | 0.13%             | 2048-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418D7E6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   80519543 | PA      | $65540103.95   | 0.21%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418D7F3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  127019213 | PA      | $108152531.04  | 0.35%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418DGV8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4780753 | PA      | $4232927.18    | 0.01%             | 2049-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418DHY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      26154 | PA      | $23156.65      | 0.00%             | 2049-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418DLY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    9273566 | PA      | $8210909.95    | 0.03%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418DNP3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   11594337 | PA      | $10139354.60   | 0.03%             | 2050-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418DSS2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   99146606 | PA      | $87771869.85   | 0.28%             | 2040-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418DTQ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  146727341 | PA      | $120053342.07  | 0.39%             | 2050-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418DV74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1991365 | PA      | $1629213.44    | 0.01%             | 2051-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418DXK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   32409198 | PA      | $26486895.41   | 0.09%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418DY71<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   58285566 | PA      | $51291100.12   | 0.17%             | 2041-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418DYB2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   72936441 | PA      | $59582908.23   | 0.19%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418EB90<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  183807098 | PA      | $156412993.50  | 0.50%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418EBR0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   16120292 | PA      | $13122035.04   | 0.04%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418ECQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  212582148 | PA      | $180882999.55  | 0.58%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418ED80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  360534673 | PA      | $344062579.22  | 1.11%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418EHJ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   23479566 | PA      | $22392243.02   | 0.07%             | 2052-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418EHK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  270904206 | PA      | $266220550.95  | 0.86%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418EJ50<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   14951718 | PA      | $14256996.31   | 0.05%             | 2052-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418EMQ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   50384620 | PA      | $48027909.08   | 0.15%             | 2053-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418ES43<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  210630365 | PA      | $211096260.31  | 0.68%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31418ET67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  120278720 | PA      | $122337838.65  | 0.39%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31419AEL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      19143 | PA      | $19237.58      | 0.00%             | 2040-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                              | Fannie Mae Pool                                                                 | CUSIP: 31419ARC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2470812 | PA      | $2551085.86    | 0.01%             | 2038-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                             | Freddie Mac Pool                                                                | CUSIP: 31427NZ28<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   60591683 | PA      | $59459219.71   | 0.19%             | 2053-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FERRELLGAS LP/FERRELLGAS                                                | Ferrellgas LP / Ferrellgas Finance Corp                                         | CUSIP: 315289AC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   22349000 | PA      | $21497279.61   | 0.07%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FERRELLGAS LP/FERRELLGAS                                                | Ferrellgas LP / Ferrellgas Finance Corp                                         | CUSIP: 315292AU6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8946000 | PA      | $9227799.00    | 0.03%             | 2031-01-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| First Brands Group LLC                                                  | First Brands Group LLC 2021 Term Loan                                           | CUSIP: 31935HAD9<br>LEI: 2549005IXRZR7KSBJD91 | Long             | LON              | CORP              | US        |    1957118 | PA      | $19655.12      | 0.00%             | 2027-03-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| First Brands Group, LLC                                                 | First Brands Group LLC 2025 DIP Term Loan                                       | CUSIP: 31935HAM9<br>LEI: 2549005IXRZR7KSBJD91 | Long             | LON              | CORP              | US        |       1427 | PA      | $281.80        | 0.00%             | 2026-06-29      | Floating      | 10.84%                | No            |                  2 | On Loan: No      |
| FIRST BRANDS GROUP LLC                                                  | First Brands Group LLC 2025 PIK DIP Roll-Up Term Loan B                         | CUSIP: 31935HAN7<br>LEI: 2549005IXRZR7KSBJD91 | Long             | LON              | CORP              | US        |     633161 | PA      | $11080.32      | 0.00%             | 2026-06-29      | Floating      | 10.97%                | No            |                  2 | On Loan: No      |
| GC Ferry Acquisition I Inc                                              | GC Ferry Acquisition I Inc Term Loan                                            | CUSIP: 32009UAD9<br>LEI: 549300ZKYR56QRODD510 | Long             | LON              | CORP              | US        |    2055838 | PA      | $2055704.29    | 0.01%             | 2032-08-16      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| GC Ferry Acquisition I Inc                                              | GC Ferry Acquisition I Inc Delayed Draw Term Loan                               | CUSIP: 32009UAE7<br>LEI: 549300ZKYR56QRODD510 | Long             | LON              | CORP              | US        |     350997 | PA      | $350973.90     | 0.00%             | 2032-08-16      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| First Franklin Mtg Loan Asset Backed Certificates                       | First Franklin Mortgage Loan Trust Series 2007-FF1                              | CUSIP: 32028TAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   45748114 | PA      | $25294045.20   | 0.08%             | 2038-01-25      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| First Franklin Mtg Loan Asset Backed Certificates                       | First Franklin Mortgage Loan Trust Series 2006-FF18                             | CUSIP: 32029AAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4002289 | PA      | $3726117.00    | 0.01%             | 2037-12-25      | Floating      | 4.07%                 | No            |                  2 | On Loan: No      |
| First Franklin Mtg Loan Asset Backed Certificates                       | First Franklin Mortgage Loan Trust Series 2006-FF18                             | CUSIP: 32029AAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   11006654 | PA      | $10244193.69   | 0.03%             | 2037-12-25      | Floating      | 4.17%                 | No            |                  2 | On Loan: No      |
| First Franklin Mtg Loan Asset Backed Certificates                       | First Franklin Mortgage Loan Trust Series 2006-FF18                             | CUSIP: 32029AAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    7977265 | PA      | $7421690.47    | 0.02%             | 2037-12-25      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| First Franklin Mtg Loan Asset Backed Certificates                       | First Franklin Mortgage Loan Trust Series 2007-FF2                              | CUSIP: 32029GAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   41538683 | PA      | $21876256.00   | 0.07%             | 2037-03-25      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| First Franklin Mtg Loan Asset Backed Certificates                       | First Franklin Mortgage Loan Trust Series 2007-FF2                              | CUSIP: 32029GAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   18560280 | PA      | $8880021.20    | 0.03%             | 2037-03-25      | Floating      | 4.05%                 | No            |                  2 | On Loan: No      |
| First Franklin Mtg Loan Asset Backed Certificates                       | First Franklin Mortgage Loan Trust Series 2007-FF2                              | CUSIP: 32029GAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   10640312 | PA      | $5103476.52    | 0.02%             | 2037-03-25      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| First Franklin Mtg Loan Asset Backed Certificates                       | First Franklin Mortgage Loan Trust Series 2007-FF2                              | CUSIP: 32029GAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   31475264 | PA      | $15105526.97   | 0.05%             | 2037-03-25      | Floating      | 4.29%                 | No            |                  2 | On Loan: No      |
| First Horizon Alternative Mortgage Securities                           | First Horizon Alternative Mortgage Securities Trust 2004-AA2                    | CUSIP: 32051D4P4<br>LEI: 5493005TE20WPW8O1W08 | Long             | ABS-MBS          | CORP              | US        |    1739030 | PA      | $1703089.74    | 0.01%             | 2034-08-25      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| First Horizon Alternative Mortgage Securities                           | First Horizon Alternative Mortgage Securities Trust 2004-AA3                    | CUSIP: 32051D6B3<br>LEI: 5493005TE20WPW8O1W08 | Long             | ABS-MBS          | CORP              | US        |       3990 | PA      | $4058.49       | 0.00%             | 2034-09-25      | Variable      | 5.04%                 | No            |                  2 | On Loan: No      |
| First Horizon Alternative Mortgage Securities                           | First Horizon Alternative Mortgage Securities Trust 2005-AA10                   | CUSIP: 32051GA54<br>LEI: 5493005TE20WPW8O1W08 | Long             | ABS-MBS          | CORP              | US        |    5212958 | PA      | $4266267.50    | 0.01%             | 2035-12-25      | Variable      | 5.07%                 | No            |                  2 | On Loan: No      |
| First Horizon Alternative Mortgage Securities                           | First Horizon Alternative Mortgage Securities Trust 2004-AA4                    | CUSIP: 32051GAA3<br>LEI: 5493005TE20WPW8O1W08 | Long             | ABS-MBS          | CORP              | US        |     258193 | PA      | $254597.58     | 0.00%             | 2034-10-25      | Variable      | 5.17%                 | No            |                  2 | On Loan: No      |
| First Horizon Mortgage Pass-Through Trust                               | First Horizon Mortgage Pass-Through Trust 2004-AR6                              | CUSIP: 32051GBD6<br>LEI: 549300YB0SYOI7JLTH61 | Long             | ABS-MBS          | CORP              | US        |      53865 | PA      | $52277.76      | 0.00%             | 2034-12-25      | Variable      | 4.34%                 | No            |                  2 | On Loan: No      |
| First Horizon Alternative Mortgage Securities                           | First Horizon Alternative Mortgage Securities Trust 2005-AA4                    | CUSIP: 32051GNK7<br>LEI: 5493005TE20WPW8O1W08 | Long             | ABS-MBS          | CORP              | US        |    4947186 | PA      | $4595959.65    | 0.01%             | 2035-06-25      | Variable      | 5.08%                 | No            |                  2 | On Loan: No      |
| First Horizon Alternative Mortgage Securities                           | First Horizon Alternative Mortgage Securities Trust 2005-AA12                   | CUSIP: 32051GQ81<br>LEI: 5493005TE20WPW8O1W08 | Long             | ABS-MBS          | CORP              | US        |    5219866 | PA      | $3122700.37    | 0.01%             | 2036-02-25      | Variable      | 4.84%                 | No            |                  2 | On Loan: No      |
| First Horizon Alternative Mortgage Securities                           | First Horizon Alternative Mortgage Securities Trust 2005-AA7                    | CUSIP: 32051GSQ9<br>LEI: 5493005TE20WPW8O1W08 | Long             | ABS-MBS          | CORP              | US        |    3506901 | PA      | $3103836.80    | 0.01%             | 2035-09-25      | Variable      | 5.19%                 | No            |                  2 | On Loan: No      |
| First Horizon Alternative Mortgage Securities                           | First Horizon Alternative Mortgage Securities Trust 2005-AA8                    | CUSIP: 32051GWF8<br>LEI: 5493005TE20WPW8O1W08 | Long             | ABS-MBS          | CORP              | US        |    6238510 | PA      | $3403695.85    | 0.01%             | 2035-10-25      | Variable      | 5.09%                 | No            |                  2 | On Loan: No      |
| First Horizon Alternative Mortgage Securities                           | First Horizon Alternative Mortgage Securities Trust 2005-AA9                    | CUSIP: 32051GXE0<br>LEI: 5493005TE20WPW8O1W08 | Long             | ABS-MBS          | CORP              | US        |    5287738 | PA      | $4569664.56    | 0.01%             | 2035-11-25      | Variable      | 5.29%                 | No            |                  2 | On Loan: No      |
| First Horizon Mortgage Pass-Through Trust                               | First Horizon Mortgage Pass-Through Trust 2006-AR4                              | CUSIP: 32053AAB2<br>LEI: 549300YB0SYOI7JLTH61 | Long             | ABS-MBS          | CORP              | US        |      37017 | PA      | $17552.65      | 0.00%             | 2037-01-25      | Variable      | 4.78%                 | No            |                  2 | On Loan: No      |
| First Horizon Mortgage Pass-Through Trust                               | First Horizon Mortgage Pass-Through Trust 2007-AR3                              | CUSIP: 32056JAA2<br>LEI: 549300YB0SYOI7JLTH61 | Long             | ABS-MBS          | CORP              | US        |      65066 | PA      | $24956.22      | 0.00%             | 2037-11-25      | Variable      | 4.53%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY TRANSMISSION                                                | FirstEnergy Transmission LLC                                                    | CUSIP: 33767BAD1<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |   40514000 | PA      | $39199320.70   | 0.13%             | 2028-09-15      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| firstkey homes 2020-sfr1 trust                                          | FirstKey Homes 2021-SFR2 Trust                                                  | CUSIP: 33767TAN0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   12677000 | PA      | $12427270.71   | 0.04%             | 2038-09-17      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| firstkey homes 2020-sfr1 trust                                          | FirstKey Homes 2021-SFR1 Trust                                                  | CUSIP: 33767WAN3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   12416000 | PA      | $12254827.90   | 0.04%             | 2038-08-17      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                              | Fiserv Inc                                                                      | CUSIP: 337738BH0<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |   17345000 | PA      | $17891714.40   | 0.06%             | 2033-08-21      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                              | Fiserv Inc                                                                      | CUSIP: 337738BL1<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |   18510000 | PA      | $18791352.00   | 0.06%             | 2034-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                              | Fiserv Inc                                                                      | CUSIP: 337738BQ0<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |   38150000 | PA      | $38114902.00   | 0.12%             | 2035-08-11      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FLUTTER TREASURY DAC                                                    | Flutter Treasury DAC                                                            | CUSIP: 344045AB5<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |   17745000 | PA      | $18006028.95   | 0.06%             | 2031-06-04      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                                                   | Foundry JV Holdco LLC                                                           | CUSIP: 350930AF0<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    2710000 | PA      | $2799999.10    | 0.01%             | 2031-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FRESENIUS MED CARE III                                                  | Fresenius Medical Care US Finance III Inc                                       | CUSIP: 35805BAC2<br>LEI: 5299006ZHLMXOOUVTU44 | Long             | DBT              | CORP              | US        |   67592000 | PA      | $66087402.08   | 0.21%             | 2026-12-01      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Frontier Communications Corp                                            | Frontier Communications Corp 2025 Term Loan B                                   | CUSIP: 35906EAU4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    1975264 | PA      | $1979283.56    | 0.01%             | 2031-07-01      | Floating      | 6.24%                 | No            |                  2 | On Loan: No      |
| GUGGENHEIM PARTNERS LLC                                                 | Guggenheim Partners LLC 2024 Term Loan B                                        | CUSIP: 36173YAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    2258778 | PA      | $2270637.03    | 0.01%             | 2031-11-26      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae I Pool                                                               | CUSIP: 36178DBV2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      57323 | PA      | $53398.77      | 0.00%             | 2042-07-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179MVU1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      24576 | PA      | $24655.73      | 0.00%             | 2042-12-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179MX62<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      24510 | PA      | $24588.98      | 0.00%             | 2043-01-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179NJA7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      23441 | PA      | $22096.27      | 0.00%             | 2043-07-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179QGE5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       6134 | PA      | $6120.96       | 0.00%             | 2044-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179QT76<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     129720 | PA      | $132937.19     | 0.00%             | 2044-11-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179R4E6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   15696211 | PA      | $14676260.52   | 0.05%             | 2046-03-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179R4H9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       6520 | PA      | $6681.71       | 0.00%             | 2046-03-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179R7J2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   39778109 | PA      | $37142607.46   | 0.12%             | 2046-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179R7M5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    3606813 | PA      | $3696262.69    | 0.01%             | 2046-04-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179RBZ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      12590 | PA      | $12562.49      | 0.00%             | 2045-04-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179RD97<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     539862 | PA      | $538393.45     | 0.00%             | 2045-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179RGB9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     209086 | PA      | $208628.05     | 0.00%             | 2045-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179RLR8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      20247 | PA      | $20191.59      | 0.00%             | 2045-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179RVA4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       4270 | PA      | $3901.81       | 0.00%             | 2045-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179RZV4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     137451 | PA      | $137076.53     | 0.00%             | 2046-02-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179S2R7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1054434 | PA      | $1049996.77    | 0.00%             | 2047-04-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179S2S5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    4279937 | PA      | $4385367.35    | 0.01%             | 2047-04-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179S5N3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   57513304 | PA      | $57271261.11   | 0.18%             | 2047-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179S5P8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    9969118 | PA      | $10195064.79   | 0.03%             | 2047-05-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SB71<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1532995 | PA      | $1398272.31    | 0.00%             | 2046-05-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SB89<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   11203016 | PA      | $10460759.48   | 0.03%             | 2046-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SCA3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      57144 | PA      | $56988.61      | 0.00%             | 2046-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SCB1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2103707 | PA      | $2155879.28    | 0.01%             | 2046-05-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SEK9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     233413 | PA      | $232901.93     | 0.00%             | 2046-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SEL7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1316368 | PA      | $1349014.24    | 0.00%             | 2046-06-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SGN1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1914813 | PA      | $1909603.32    | 0.01%             | 2046-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SGP6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      94852 | PA      | $97202.19      | 0.00%             | 2046-07-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SJS7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   11866190 | PA      | $10823367.43   | 0.03%             | 2046-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SJV0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2028912 | PA      | $2024470.29    | 0.01%             | 2046-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SJW8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     416801 | PA      | $427137.86     | 0.00%             | 2046-08-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SLS4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    9057064 | PA      | $8456988.05    | 0.03%             | 2046-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SLU9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1082015 | PA      | $1082296.05    | 0.00%             | 2046-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SNU7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    4758076 | PA      | $4343865.44    | 0.01%             | 2046-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SNX1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1260618 | PA      | $1257858.37    | 0.00%             | 2046-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SNY9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2274753 | PA      | $2331107.87    | 0.01%             | 2046-10-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SQW0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   28540070 | PA      | $26649146.11   | 0.09%             | 2046-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SQY6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    3292053 | PA      | $3284846.11    | 0.01%             | 2046-11-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SQZ3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     699851 | PA      | $717189.63     | 0.00%             | 2046-11-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SSP3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   82019477 | PA      | $74811455.29   | 0.24%             | 2046-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SSQ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   32320902 | PA      | $30179478.19   | 0.10%             | 2046-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SSS7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   11193561 | PA      | $11169056.76   | 0.04%             | 2046-12-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SUV7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       7478 | PA      | $6982.62       | 0.00%             | 2047-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SUX3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      89788 | PA      | $89578.64      | 0.00%             | 2047-01-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SUY1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1955338 | PA      | $2003780.12    | 0.01%             | 2047-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SW29<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     459083 | PA      | $470562.28     | 0.00%             | 2047-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SWZ6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   26312238 | PA      | $26250880.03   | 0.08%             | 2047-02-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179SYV3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2511460 | PA      | $2573744.93    | 0.01%             | 2047-03-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179T7L3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1827986 | PA      | $1812386.65    | 0.01%             | 2048-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179TAK1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      24795 | PA      | $23154.41      | 0.00%             | 2047-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179TAL9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    3485849 | PA      | $3357389.61    | 0.01%             | 2047-06-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179TAM7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     201801 | PA      | $200951.36     | 0.00%             | 2047-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179TAN5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     172621 | PA      | $176873.08     | 0.00%             | 2047-06-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179TC29<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    8541566 | PA      | $8735157.51    | 0.03%             | 2047-07-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179TCX1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   29619305 | PA      | $27659146.41   | 0.09%             | 2047-07-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179TCZ6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      31945 | PA      | $31811.00      | 0.00%             | 2047-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179TE43<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    9722346 | PA      | $9942699.55    | 0.03%             | 2047-08-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179TEZ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2256708 | PA      | $2107362.60    | 0.01%             | 2047-08-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179TG41<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   28020007 | PA      | $26165686.85   | 0.08%             | 2047-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179TG58<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      69438 | PA      | $66879.53      | 0.00%             | 2047-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179TG74<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     187010 | PA      | $191054.20     | 0.00%             | 2047-09-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179TJ22<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2300722 | PA      | $2352867.61    | 0.01%             | 2047-10-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179TLT0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   22820152 | PA      | $21979191.07   | 0.07%             | 2047-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179TLV5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     715994 | PA      | $732222.22     | 0.00%             | 2047-11-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179TNR2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    4473773 | PA      | $4177706.07    | 0.01%             | 2047-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179TNS0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   15474790 | PA      | $14904518.05   | 0.05%             | 2047-12-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179TQN8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     220830 | PA      | $201257.77     | 0.00%             | 2048-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179TQQ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   25402818 | PA      | $24466681.21   | 0.08%             | 2048-01-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179TUB9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      38587 | PA      | $37164.53      | 0.00%             | 2048-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179TV69<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    8174154 | PA      | $7872826.56    | 0.03%             | 2048-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179U3S9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2610562 | PA      | $2323047.63    | 0.01%             | 2049-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179U3T7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1378142 | PA      | $1264635.74    | 0.00%             | 2049-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179UCB6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    3388920 | PA      | $3263992.73    | 0.01%             | 2048-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179UCC4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      17191 | PA      | $17044.54      | 0.00%             | 2048-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179UD90<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   15573371 | PA      | $14999282.54   | 0.05%             | 2048-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179UEB4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2752239 | PA      | $2789945.73    | 0.01%             | 2048-10-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179UH47<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       5667 | PA      | $5458.39       | 0.00%             | 2048-12-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179UVX7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    6744607 | PA      | $6189111.11    | 0.02%             | 2049-07-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179UXH0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       1430 | PA      | $1272.76       | 0.00%             | 2049-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179UXJ6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2622373 | PA      | $2406390.73    | 0.01%             | 2049-08-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179XHX7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  140635806 | PA      | $134174273.27  | 0.43%             | 2052-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179XHY5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  219495521 | PA      | $215584767.29  | 0.69%             | 2052-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36179YRH9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   81744849 | PA      | $83041325.93   | 0.27%             | 2054-02-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                 | GLP Capital LP / GLP Financing II Inc                                           | CUSIP: 361841AK5<br>LEI: N/A                  | Long             | DBT              |  | US        |   24498000 | PA      | $25151851.62   | 0.08%             | 2028-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                 | GLP Capital LP / GLP Financing II Inc                                           | CUSIP: 361841AL3<br>LEI: N/A                  | Long             | DBT              |  | US        |   13180000 | PA      | $13425938.80   | 0.04%             | 2029-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                 | GLP Capital LP / GLP Financing II Inc                                           | CUSIP: 361841AQ2<br>LEI: N/A                  | Long             | DBT              |  | US        |    7310000 | PA      | $7001737.30    | 0.02%             | 2031-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GMAC Mortgage Corporation Loan Trust                                    | GMACM Home Equity Loan Trust 2000-HE2                                           | CUSIP: 361856AN7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |       6754 | PA      | $6070.02       | 0.00%             | 2030-06-25      | Floating      | 2.25%                 | No            |                  2 | On Loan: No      |
| GMAC Mortgage Corporation Loan Trust                                    | GMACM Mortgage Loan Trust 2005-AR6                                              | CUSIP: 36185MBL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     104014 | PA      | $91667.60      | 0.00%             | 2035-11-19      | Variable      | 3.72%                 | No            |                  2 | On Loan: No      |
| GMAC Mortgage Corporation Loan Trust                                    | GMACM Mortgage Loan Trust 2006-AR2                                              | CUSIP: 36185MET5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1454196 | PA      | $901521.22     | 0.00%             | 2036-05-19      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36202C4Q3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        296 | PA      | $304.03        | 0.00%             | 2028-08-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36202D5P2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        425 | PA      | $428.31        | 0.00%             | 2034-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36202DXR7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        970 | PA      | $977.82        | 0.00%             | 2033-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36202DYY1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        509 | PA      | $513.64        | 0.00%             | 2033-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36202EQK8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        334 | PA      | $342.51        | 0.00%             | 2037-12-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36202EZF9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        459 | PA      | $469.94        | 0.00%             | 2039-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36202F2N5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       5902 | PA      | $5921.44       | 0.00%             | 2042-01-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36202FAV8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       8636 | PA      | $8850.32       | 0.00%             | 2039-08-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36202FV94<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      19345 | PA      | $19408.13      | 0.00%             | 2041-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36202FXC5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      21078 | PA      | $21146.09      | 0.00%             | 2041-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36225DCE2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       3832 | PA      | $3893.42       | 0.00%             | 2034-07-20      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36225DMR2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       5597 | PA      | $5633.25       | 0.00%             | 2035-03-20      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36225DSW5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       5918 | PA      | $6005.30       | 0.00%             | 2035-08-20      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36225DUX0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       6067 | PA      | $6169.01       | 0.00%             | 2035-10-20      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust                                                 | GSR Mortgage Loan Trust 2007-AR2                                                | CUSIP: 3622N6AC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1152988 | PA      | $582563.56     | 0.00%             | 2037-05-25      | Variable      | 4.99%                 | No            |                  2 | On Loan: No      |
| GSAMP Trust                                                             | GSAMP Trust 2005-AHL2                                                           | CUSIP: 362341C56<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   12986860 | PA      | $12543501.71   | 0.04%             | 2035-12-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust                                                 | GSR Mortgage Loan Trust 2005-AR5                                                | CUSIP: 362341LC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |         19 | PA      | $0.00          | 0.00%             | 2035-10-25      | Variable      | 4.68%                 | No            |                  3 | On Loan: No      |
| GSR Mortgage Loan Trust                                                 | GSR Mortgage Loan Trust 2005-AR5                                                | CUSIP: 362341MC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1662423 | PA      | $820148.73     | 0.00%             | 2035-10-25      | Variable      | 4.68%                 | No            |                  2 | On Loan: No      |
| GSAA Home Equity Trust                                                  | GSAA Home Equity Trust 2005-11                                                  | CUSIP: 362341NY1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      18722 | PA      | $20818.22      | 0.00%             | 2035-10-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust                                                 | GSR Mortgage Loan Trust 2005-AR6                                                | CUSIP: 362341SF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      20781 | PA      | $18802.30      | 0.00%             | 2035-09-25      | Variable      | 5.11%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae II Pool                                                              | CUSIP: 36241L7C4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       7474 | PA      | $7498.54       | 0.00%             | 2041-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Ginnie Mae I Pool                                                               | CUSIP: 36241LDW3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    6295904 | PA      | $6319852.43    | 0.02%             | 2039-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust                                                 | GSR Mortgage Loan Trust 2004-9                                                  | CUSIP: 36242DBK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |        813 | PA      | $777.75        | 0.00%             | 2034-08-25      | Variable      | 4.92%                 | No            |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust                                                 | GSR Mortgage Loan Trust 2004-9                                                  | CUSIP: 36242DBU6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       1692 | PA      | $1688.02       | 0.00%             | 2034-08-25      | Variable      | 4.85%                 | No            |                  2 | On Loan: No      |
| GSAMP Trust                                                             | GSAMP Trust 2007-HE2                                                            | CUSIP: 362440AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   57710067 | PA      | $44259754.78   | 0.14%             | 2047-03-25      | Floating      | 4.32%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Corp.                                            | GSMSC Resecuritization Trust 2015-3R                                            | CUSIP: 36250FAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9420639 | PA      | $8619746.47    | 0.03%             | 2037-01-26      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust                                     | GS Mortgage-Backed Securities Trust 2018-RPL1                                   | CUSIP: 36256BAC4<br>LEI: 25490038RWR4AJZ5B524 | Long             | ABS-MBS          | CORP              | US        |   10863182 | PA      | $10722973.18   | 0.03%             | 2057-10-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust                                     | GS Mortgage-Backed Securities Trust 2023-PJ1                                    | CUSIP: 36267TAD0<br>LEI: 25490038RWR4AJZ5B524 | Long             | ABS-MBS          | CORP              | US        |   82221736 | PA      | $71953877.69   | 0.23%             | 2053-02-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| GALAXY PIPELINE ASSETS                                                  | Galaxy Pipeline Assets Bidco Ltd                                                | CUSIP: 36321PAD2<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |    5490040 | PA      | $4981277.88    | 0.02%             | 2034-03-31      | Fixed         | 2.16%                 | No            |                  2 | On Loan: No      |
| GENERAL ELECTRIC CO                                                     | General Electric Co                                                             | CUSIP: 36962GW75<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |    1785000 | PA      | $1788088.05    | 0.01%             | 2026-05-05      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| GENERAL ELECTRIC CO                                                     | General Electric Co                                                             | CUSIP: 36962GX74<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |   11550000 | PA      | $10904470.50   | 0.04%             | 2036-08-15      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| GETTY IMAGES INC                                                        | Getty Images Inc                                                                | CUSIP: 374276AR4<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |    6985000 | PA      | $7052335.40    | 0.02%             | 2030-11-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| GLOBAL PART/GLP FINANCE                                                 | Global Partners LP / GLP Finance Corp                                           | CUSIP: 37954FAK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1150000 | PA      | $1212606.00    | 0.00%             | 2032-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Goal Capital Funding Trust                                              | Goal Capital Funding Trust 2006-1                                               | CUSIP: 38021BAG5<br>LEI: 5493009VZI2B6V83UU74 | Long             | ABS-O            | CORP              | US        |     801765 | PA      | $780510.57     | 0.00%             | 2042-08-25      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                 | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GB78<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   10436000 | PA      | $10499346.52   | 0.03%             | 2035-10-23      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                 | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GC44<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    5605000 | PA      | $5823426.85    | 0.02%             | 2036-01-28      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                 | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GYA6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   97484000 | PA      | $96984881.92   | 0.31%             | 2027-03-09      | Fixed         | 1.43%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                 | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GYG3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   75070000 | PA      | $73776543.90   | 0.24%             | 2027-09-10      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                 | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GYJ7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |       4000 | PA      | $3585.20       | 0.00%             | 2032-07-21      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                 | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GYM0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1337000 | PA      | $1314351.22    | 0.00%             | 2027-10-21      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38374CK26<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1932792 | PA      | $1972259.33    | 0.01%             | 2033-10-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38375KPF3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    4525462 | PA      | $487564.82     | 0.00%             | 2037-06-16      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38376FLM2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       6160 | PA      | $240.19        | 0.00%             | 2039-07-16      | Floating      | 2.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38376JDD3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    9257767 | PA      | $928810.13     | 0.00%             | 2037-05-20      | Floating      | 2.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38376JFY5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    3741015 | PA      | $311139.35     | 0.00%             | 2036-03-20      | Floating      | 2.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38376PW71<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1636312 | PA      | $178139.04     | 0.00%             | 2039-12-20      | Floating      | 2.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38376T2W1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      20592 | PA      | $2085.68       | 0.00%             | 2040-01-16      | Floating      | 2.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38376TY63<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    3744083 | PA      | $322579.23     | 0.00%             | 2040-01-16      | Floating      | 1.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38378AMF5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      47933 | PA      | $9103.36       | 0.00%             | 2041-11-16      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38379DHE7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2961731 | PA      | $2865402.58    | 0.01%             | 2039-12-20      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38380RKR0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  532442450 | PA      | $28184521.62   | 0.09%             | 2062-09-16      | Variable      | 0.78%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38380RNG1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   94305504 | PA      | $70385667.24   | 0.23%             | 2063-06-16      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38380RNX4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  125744188 | PA      | $9936532.08    | 0.03%             | 2061-01-16      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38380RQU7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   58079014 | PA      | $4373953.76    | 0.01%             | 2063-05-16      | Variable      | 0.99%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38380RTP5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   64967730 | PA      | $49983832.95   | 0.16%             | 2063-06-16      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38380RVK3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   70562194 | PA      | $51702337.55   | 0.17%             | 2061-01-16      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38380RVN7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  107907012 | PA      | $7564928.99    | 0.02%             | 2061-01-16      | Variable      | 0.94%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38380Y2X2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     515739 | PA      | $478935.42     | 0.00%             | 2048-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38381BZB3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    4548242 | PA      | $4267633.59    | 0.01%             | 2049-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38381DD56<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   31091019 | PA      | $2347328.37    | 0.01%             | 2063-11-16      | Variable      | 1.04%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38381EWQ7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  261325409 | PA      | $9503229.15    | 0.03%             | 2062-02-01      | Variable      | 0.53%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38381RME6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    5385966 | PA      | $5025331.96    | 0.02%             | 2049-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38381WC71<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    7727300 | PA      | $6588355.42    | 0.02%             | 2049-03-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38381WDY1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     663243 | PA      | $597195.78     | 0.00%             | 2049-06-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38381XHZ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    5011308 | PA      | $4579425.61    | 0.01%             | 2049-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                | Government National Mortgage Association                                        | CUSIP: 38381YZE7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    3140433 | PA      | $2826652.96    | 0.01%             | 2049-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GRAND CANYON UNIVERSITY                                                 | Grand Canyon University                                                         | CUSIP: 38528UAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5308000 | PA      | $5293190.68    | 0.02%             | 2028-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Genesys Cloud Services Holdings II LLC                                  | Genesys Cloud Services Holdings II LLC 2025 USD Term Loan B                     | CUSIP: 39479UAY9<br>LEI: 254900CRMBG6WX4HX396 | Long             | LON              | CORP              | US        |    2409124 | PA      | $2407245.17    | 0.01%             | 2032-01-30      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| GreenPoint Mortgage Funding Trust                                       | GreenPoint Mortgage Funding Trust 2005-AR4                                      | CUSIP: 39538WBZ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5410691 | PA      | $5011780.33    | 0.02%             | 2045-10-25      | Floating      | 4.05%                 | No            |                  2 | On Loan: No      |
| GreenPoint Mortgage Funding Trust                                       | GreenPoint Mortgage Funding Trust 2006-OH1                                      | CUSIP: 39539GAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7523633 | PA      | $7049382.78    | 0.02%             | 2037-01-25      | Floating      | 4.21%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                 | HCA Inc                                                                         | CUSIP: 404119CC1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     563000 | PA      | $504819.58     | 0.00%             | 2031-07-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| HDI Aerospace Intermediate Holding III Corporation                      | HDI Aerospace Intermediate Holding III Corporation Term Loan B                  | CUSIP: 40415WAB0<br>LEI: 254900LKRYAGKIYOHW04 | Long             | LON              | CORP              | US        |    3482500 | PA      | $3508618.75    | 0.01%             | 2032-02-11      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                       | HSBC Holdings PLC                                                               | CUSIP: 404280CL1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   26605000 | PA      | $25686329.35   | 0.08%             | 2028-09-22      | Fixed         | 2.01%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                       | HSBC Holdings PLC                                                               | CUSIP: 404280CV9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |       2000 | PA      | $1902.20       | 0.00%             | 2029-08-17      | Fixed         | 2.21%                 | No            |                  2 | On Loan: No      |
| Highbridge Loan Management Ltd                                          | HPS Loan Management 2021-16 Ltd                                                 | CUSIP: 40440XAQ4<br>LEI: 529900WV2JMUABMCHN18 | Long             | ABS-CBDO         | CORP              | KY        |   17750000 | PA      | $17775009.75   | 0.06%             | 2035-01-23      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust                                          | HarborView Mortgage Loan Trust 2006-5                                           | CUSIP: 41161MAA8<br>LEI: 549300SZXFEQICAU3R39 | Long             | ABS-MBS          | CORP              | US        |   32851396 | PA      | $10168489.23   | 0.03%             | 2047-07-19      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust                                          | HarborView Mortgage Loan Trust 2006-1                                           | CUSIP: 41161PA86<br>LEI: 549300SZXFEQICAU3R39 | Long             | ABS-MBS          | CORP              | US        |    8261280 | PA      | $7752626.94    | 0.02%             | 2036-03-19      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust                                          | HarborView Mortgage Loan Trust 2004-1                                           | CUSIP: 41161PCY7<br>LEI: 549300SZXFEQICAU3R39 | Long             | ABS-MBS          | CORP              | US        |       2537 | PA      | $2351.42       | 0.00%             | 2034-04-19      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust                                          | HarborView Mortgage Loan Trust 2004-3                                           | CUSIP: 41161PEC3<br>LEI: 549300SZXFEQICAU3R39 | Long             | ABS-MBS          | CORP              | US        |      21887 | PA      | $20892.96      | 0.00%             | 2034-05-19      | Variable      | 5.46%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust                                          | HarborView Mortgage Loan Trust 2004-11                                          | CUSIP: 41161PKF9<br>LEI: 549300SZXFEQICAU3R39 | Long             | ABS-MBS          | CORP              | US        |     128334 | PA      | $130310.63     | 0.00%             | 2035-01-19      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust                                          | HarborView Mortgage Loan Trust 2006-4                                           | CUSIP: 41161PL27<br>LEI: 549300SZXFEQICAU3R39 | Long             | ABS-MBS          | CORP              | US        |   28082152 | PA      | $14124637.19   | 0.05%             | 2046-05-19      | Floating      | 4.21%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust                                          | HarborView Mortgage Loan Trust 2005-3                                           | CUSIP: 41161PMG5<br>LEI: 549300SZXFEQICAU3R39 | Long             | ABS-MBS          | CORP              | US        |      86487 | PA      | $85286.35      | 0.00%             | 2035-06-19      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust                                          | HarborView Mortgage Loan Trust 2006-7                                           | CUSIP: 41161VAA8<br>LEI: 549300SZXFEQICAU3R39 | Long             | ABS-MBS          | CORP              | US        |   44291444 | PA      | $38739356.67   | 0.12%             | 2046-09-19      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust                                          | HarborView Mortgage Loan Trust 2006-10                                          | CUSIP: 41162CAA9<br>LEI: 549300SZXFEQICAU3R39 | Long             | ABS-MBS          | CORP              | US        |   43393166 | PA      | $35143513.22   | 0.11%             | 2036-11-19      | Floating      | 4.05%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust                                          | HarborView Mortgage Loan Trust 2007-7                                           | CUSIP: 411640AA3<br>LEI: 549300SZXFEQICAU3R39 | Long             | ABS-MBS          | CORP              | US        |   13298732 | PA      | $10904349.84   | 0.04%             | 2037-10-25      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust                                          | HarborView Mortgage Loan Trust 2007-7                                           | CUSIP: 411640AB1<br>LEI: 549300SZXFEQICAU3R39 | Long             | ABS-MBS          | CORP              | US        |    9560930 | PA      | $9057754.47    | 0.03%             | 2037-10-25      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| HEALTHCARE RLTY HLDGS LP                                                | Healthcare Realty Holdings LP                                                   | CUSIP: 42225UAK0<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              |  | US        |   25359000 | PA      | $25044294.81   | 0.08%             | 2028-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| HEALTHCARE RLTY HLDGS LP                                                | Healthcare Realty Holdings LP                                                   | CUSIP: 42225UAL8<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              |  | US        |       2000 | PA      | $1820.44       | 0.00%             | 2030-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Heartland Dental LLC                                                    | Heartland Dental LLC 2025 Term Loan                                             | CUSIP: 42236WAX5<br>LEI: 5493008FRC0GRKBN1075 | Long             | LON              | CORP              | US        |    5664176 | PA      | $5694535.53    | 0.02%             | 2032-08-25      | Floating      | 7.47%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPERTIES INC                                               | Healthpeak Properties Inc Term Loan A1                                          | CUSIP: 42250UAD4<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | LON              |  | US        |   13772696 | PA      | $13669401.19   | 0.04%             | 2027-08-20      | Floating      | 4.56%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPERTIES INC                                               | Healthpeak Properties Inc Term Loan A2                                          | CUSIP: 42250UAE2<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | LON              |  | US        |   13772696 | PA      | $13669401.19   | 0.04%             | 2027-02-22      | Floating      | 4.56%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPERTIES INC                                               | Healthpeak Properties Inc 2024 Term Loan A3                                     | CUSIP: 42250UAF9<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | LON              |  | US        |   27796272 | PA      | $27448818.66   | 0.09%             | 2029-03-01      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operating Company Inc                                   | Hilton Domestic Operating Company Inc 2023 Term Loan B4                         | CUSIP: 43289DAK9<br>LEI: 5493003EG7H0N1E4XV50 | Long             | LON              | CORP              | US        |   16429504 | PA      | $16552971.26   | 0.05%             | 2030-11-08      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| HSI Asset Securitization Corporation Trust                              | HSI Asset Securitization Corp Trust 2006-HE1                                    | CUSIP: 44328AAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   48302968 | PA      | $12917363.19   | 0.04%             | 2036-10-25      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE                                                | Hudson Pacific Properties LP                                                    | CUSIP: 44409MAA4<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              |  | US        |   12220000 | PA      | $11683419.80   | 0.04%             | 2027-11-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE                                                | Hudson Pacific Properties LP                                                    | CUSIP: 44409MAC0<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              |  | US        |   22092000 | PA      | $18837185.64   | 0.06%             | 2030-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Hudson Yards                                                            | Hudson Yards 2019-30HY Mortgage Trust                                           | CUSIP: 44421GAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   84915000 | PA      | $81335594.99   | 0.26%             | 2039-07-10      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| Hudson Yards                                                            | Hudson Yards 2019-55HY Mortgage Trust                                           | CUSIP: 44421MAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   81025000 | PA      | $76438636.59   | 0.25%             | 2041-12-10      | Variable      | 2.94%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                              | Humana Inc                                                                      | CUSIP: 444859CD2<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |   49285000 | PA      | $50363848.65   | 0.16%             | 2035-05-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| HUNGARY                                                                 | Hungary Government International Bond                                           | CUSIP: 445545AM8<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    7284000 | PA      | $6279609.24    | 0.02%             | 2031-09-22      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc                                                               | IQVIA Inc 2025 Incremental Term Loan B5                                         | CUSIP: 44969CBP4<br>LEI: 549300PLWY28YB00C717 | Long             | LON              | CORP              | US        |    6203923 | PA      | $6253368.14    | 0.02%             | 2031-01-02      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                                                   | Icahn Enterprises LP / Icahn Enterprises Finance Corp                           | CUSIP: 451102CF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11566000 | PA      | $11574790.16   | 0.04%             | 2029-01-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                                                   | Icahn Enterprises LP / Icahn Enterprises Finance Corp                           | CUSIP: 451102CJ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   16598000 | PA      | $15891589.12   | 0.05%             | 2030-06-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                                                   | Icahn Enterprises LP / Icahn Enterprises Finance Corp                           | CUSIP: 451102CK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     437000 | PA      | $437056.81     | 0.00%             | 2029-11-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| ILLUMINA INC                                                            | Illumina Inc                                                                    | CUSIP: 452327AM1<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |     200000 | PA      | $181480.00     | 0.00%             | 2031-03-23      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Impac CMB Trust                                                         | Impac CMB Trust Series 2004-8                                                   | CUSIP: 45254NKR7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |        829 | PA      | $829.60        | 0.00%             | 2034-10-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| Impac CMB Trust                                                         | Impac CMB Trust Series 2005-1                                                   | CUSIP: 45254NML8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     988758 | PA      | $965159.33     | 0.00%             | 2035-04-25      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| Impac Secured Assets Corp.                                              | Impac Secured Assets Trust 2006-3                                               | CUSIP: 45255RAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2958823 | PA      | $2739635.37    | 0.01%             | 2036-11-25      | Floating      | 4.19%                 | No            |                  2 | On Loan: No      |
| Impac Secured Assets Corp.                                              | Impac Secured Assets Trust 2007-2                                               | CUSIP: 452570AB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   24142715 | PA      | $20770098.20   | 0.07%             | 2037-05-25      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| Impac Secured Assets Corp.                                              | Impac Secured Assets Trust 2006-5                                               | CUSIP: 45257EAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5184059 | PA      | $4785172.29    | 0.02%             | 2037-02-25      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FIN PLC                                                 | Imperial Brands Finance PLC                                                     | CUSIP: 45262BAB9<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    4997000 | PA      | $4979360.59    | 0.02%             | 2026-07-26      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FIN PLC                                                 | Imperial Brands Finance PLC                                                     | CUSIP: 45262BAJ2<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    3310000 | PA      | $3337804.00    | 0.01%             | 2028-06-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MH Sub I LLC                                                            | MH Sub I LLC 2023 Term Loan                                                     | CUSIP: 45567YAN5<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |    2916938 | PA      | $2720773.46    | 0.01%             | 2028-05-03      | Floating      | 7.97%                 | No            |                  2 | On Loan: No      |
| MH Sub I LLC                                                            | MH Sub I LLC 2024 Term Loan B4                                                  | CUSIP: 45567YAP0<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |    6616380 | PA      | $5693196.11    | 0.02%             | 2031-12-31      | Floating      | 7.97%                 | No            |                  2 | On Loan: No      |
| IndyMac INDX Mortgage Loan Trust                                        | IndyMac INDX Mortgage Loan Trust 2006-AR19                                      | CUSIP: 45660GAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9374379 | PA      | $5830985.56    | 0.02%             | 2036-08-25      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitization Trust                                  | Residential Asset Securitization Trust 2004-IP2                                 | CUSIP: 45660LAN9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     107936 | PA      | $107879.55     | 0.00%             | 2034-12-25      | Variable      | 6.02%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitization Trust                                  | Residential Asset Securitization Trust 2004-IP2                                 | CUSIP: 45660LAP4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       9036 | PA      | $8250.31       | 0.00%             | 2034-12-25      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitization Trust                                  | Residential Asset Securitization Trust 2004-IP2                                 | CUSIP: 45660LAR0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     172731 | PA      | $169596.04     | 0.00%             | 2034-12-25      | Variable      | 6.10%                 | No            |                  2 | On Loan: No      |
| IndyMac INDX Mortgage Loan Trust                                        | IndyMac INDX Mortgage Loan Trust 2005-AR6                                       | CUSIP: 45660LGD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     300993 | PA      | $250064.85     | 0.00%             | 2035-04-25      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| IndyMac INDX Mortgage Loan Trust                                        | IndyMac INDX Mortgage Loan Trust 2005-AR19                                      | CUSIP: 45660LXA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   14889121 | PA      | $11878834.07   | 0.04%             | 2035-10-25      | Variable      | 3.64%                 | No            |                  2 | On Loan: No      |
| IndyMac INDX Mortgage Loan Trust                                        | IndyMac INDX Mortgage Loan Trust 2004-AR4                                       | CUSIP: 45660NQ24<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     422014 | PA      | $402673.43     | 0.00%             | 2034-08-25      | Variable      | 4.35%                 | No            |                  2 | On Loan: No      |
| IndyMac INDX Mortgage Loan Trust                                        | IndyMac INDX Mortgage Loan Trust 2004-AR7                                       | CUSIP: 45660NT96<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      28813 | PA      | $25334.18      | 0.00%             | 2034-09-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| IndyMac INDX Mortgage Loan Trust                                        | IndyMac INDX Mortgage Loan Trust 2006-AR7                                       | CUSIP: 45661ECW2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1499869 | PA      | $1219102.82    | 0.00%             | 2036-05-25      | Variable      | 3.17%                 | No            |                  2 | On Loan: No      |
| IndyMac INDX Mortgage Loan Trust                                        | IndyMac INDX Mortgage Loan Trust 2006-AR7                                       | CUSIP: 45661ECY8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   15993533 | PA      | $10584777.42   | 0.03%             | 2036-05-25      | Variable      | 3.79%                 | No            |                  2 | On Loan: No      |
| IndyMac INDX Mortgage Loan Trust                                        | IndyMac INDX Mortgage Loan Trust 2006-AR27                                      | CUSIP: 45661LAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9600742 | PA      | $8838097.29    | 0.03%             | 2036-10-25      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| IndyMac INDX Mortgage Loan Trust                                        | IndyMac INDX Mortgage Loan Trust 2006-AR35                                      | CUSIP: 45667SAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   21991487 | PA      | $20084125.97   | 0.06%             | 2037-01-25      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| IndyMac INDA Mortgage Loan Trust                                        | IndyMac INDA Mortgage Loan Trust 2007-AR1                                       | CUSIP: 45669AAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     267166 | PA      | $208593.96     | 0.00%             | 2037-03-25      | Variable      | 4.04%                 | No            |                  2 | On Loan: No      |
| IndyMac INDX Mortgage Loan Trust                                        | IndyMac INDX Mortgage Loan Trust 2007-AR11                                      | CUSIP: 45669FAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1943579 | PA      | $1750175.27    | 0.01%             | 2037-06-25      | Variable      | 3.32%                 | No            |                  2 | On Loan: No      |
| IndyMac INDA Mortgage Loan Trust                                        | IndyMac INDA Mortgage Loan Trust 2007-AR7                                       | CUSIP: 45670NAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1074344 | PA      | $877879.59     | 0.00%             | 2037-11-25      | Variable      | 3.37%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                              | Intel Corp                                                                      | CUSIP: 458140BG4<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    7561000 | PA      | $5388649.09    | 0.02%             | 2047-12-08      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                              | Intel Corp                                                                      | CUSIP: 458140BJ8<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |   40022000 | PA      | $25674913.44   | 0.08%             | 2049-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                              | Intel Corp                                                                      | CUSIP: 458140BU3<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |   10522000 | PA      | $9232318.46    | 0.03%             | 2031-08-12      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                                                | International Flavors & Fragrances Inc                                          | CUSIP: 459506AP6<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |    1615000 | PA      | $1549996.25    | 0.00%             | 2027-10-15      | Fixed         | 1.83%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                                                | International Flavors & Fragrances Inc                                          | CUSIP: 459506AQ4<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |   48565000 | PA      | $43826998.60   | 0.14%             | 2030-11-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                                                | International Flavors & Fragrances Inc                                          | CUSIP: 459506AR2<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |   10351000 | PA      | $7964990.99    | 0.03%             | 2040-11-15      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| INTERSTATE POWER & LIGHT                                                | Interstate Power and Light Co                                                   | CUSIP: 461070AU8<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |   11850000 | PA      | $12470347.50   | 0.04%             | 2033-10-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Invitation Homes Operating Partnership LP                               | Invitation Homes Operating Partnership LP 2024 Term Loan                        | CUSIP: 46187CAJ0<br>LEI: 549300147YMUQB3GW319 | Long             | LON              |  | US        |   36581794 | PA      | $36581794.07   | 0.12%             | 2028-09-09      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| ION PLAT FIN US/SARL                                                    | ION Platform Finance US Inc / ION Platform Finance SARL                         | CUSIP: 46206AAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5724000 | PA      | $5810947.56    | 0.02%             | 2029-05-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                                         | Israel Government International Bond                                            | CUSIP: 46514Y8A8<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |   15340000 | PA      | $15847754.00   | 0.05%             | 2030-02-19      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                                                | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                      | CUSIP: 46590XAQ9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   33256000 | PA      | $25786037.28   | 0.08%             | 2052-02-02      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| 321 Henderson Receivables LLC                                           | JGWPT XXX LLC                                                                   | CUSIP: 46617LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     393484 | PA      | $376644.31     | 0.00%             | 2073-01-17      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| 321 Henderson Receivables LLC                                           | JGWPT XXXII LLC                                                                 | CUSIP: 46618AAA2<br>LEI: 549300LO0ZO1XMWP1R84 | Long             | ABS-O            | CORP              | US        |   25268556 | PA      | $23151435.33   | 0.07%             | 2073-01-17      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                | JP Morgan Mortgage Trust 2003-A2                                                | CUSIP: 466247AW3<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |      33216 | PA      | $31667.66      | 0.00%             | 2033-11-25      | Variable      | 5.82%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                | JP Morgan Mortgage Trust 2004-A4                                                | CUSIP: 466247EF6<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |      11063 | PA      | $10849.81      | 0.00%             | 2034-09-25      | Variable      | 6.74%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                | JP Morgan Mortgage Trust 2006-A2                                                | CUSIP: 466247K93<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |        650 | PA      | $646.72        | 0.00%             | 2033-11-25      | Variable      | 6.31%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                | JP Morgan Mortgage Trust 2005-A5                                                | CUSIP: 466247SQ7<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |      21764 | PA      | $20849.71      | 0.00%             | 2035-08-25      | Variable      | 5.91%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                | JP Morgan Mortgage Trust 2005-S2                                                | CUSIP: 466247VQ3<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |    1497157 | PA      | $776796.45     | 0.00%             | 2049-09-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Alternative Loan Trust                                      | JP Morgan Alternative Loan Trust                                                | CUSIP: 46628GAQ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3457224 | PA      | $1879285.92    | 0.01%             | 2036-05-25      | Variable      | 4.49%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                | JP Morgan Mortgage Trust 2006-A3                                                | CUSIP: 46628KAC4<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |     376915 | PA      | $316320.16     | 0.00%             | 2036-05-25      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                | JP Morgan Mortgage Trust 2006-A3                                                | CUSIP: 46628KAJ9<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |     243471 | PA      | $198231.22     | 0.00%             | 2036-05-25      | Variable      | 4.51%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                | JP Morgan Mortgage Trust 2006-A4                                                | CUSIP: 46628LAA6<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |     201197 | PA      | $133729.79     | 0.00%             | 2036-06-25      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                | JP Morgan Mortgage Trust 2006-A4                                                | CUSIP: 46628LAD0<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |     648594 | PA      | $431101.45     | 0.00%             | 2036-06-25      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Acquisition Corp                                     | JP Morgan Mortgage Acquisition Trust 2006-WF1                                   | CUSIP: 46628SAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   26313693 | PA      | $6841012.82    | 0.02%             | 2036-07-25      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Acquisition Corp                                     | JP Morgan Mortgage Acquisition Trust 2006-WF1                                   | CUSIP: 46628SAJ2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | ABS-MBS          | CORP              | US        |    3669381 | PA      | $953441.30     | 0.00%             | 2036-07-25      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                | JP Morgan Mortgage Trust 2006-A5                                                | CUSIP: 46629CAE7<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |     173202 | PA      | $135523.25     | 0.00%             | 2036-08-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                | JP Morgan Mortgage Trust 2007-A1                                                | CUSIP: 46630GAS4<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |     290184 | PA      | $289037.67     | 0.00%             | 2035-07-25      | Variable      | 6.03%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Acquisition Corp                                     | JP Morgan Mortgage Acquisition Trust 2007-HE1                                   | CUSIP: 46630KAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      89077 | PA      | $61079.68      | 0.00%             | 2047-03-25      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Acquisition Corp                                     | JP Morgan Mortgage Acquisition Trust 2007-HE1                                   | CUSIP: 46630KAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5827226 | PA      | $3829189.95    | 0.01%             | 2047-03-25      | Variable      | 4.13%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Acquisition Corp                                     | JP Morgan Mortgage Acquisition Trust 2007-HE1                                   | CUSIP: 46630KAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4904322 | PA      | $3222171.04    | 0.01%             | 2035-05-25      | Variable      | 4.13%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Acquisition Corp                                     | JP Morgan Mortgage Acquisition Trust 2007-HE1                                   | CUSIP: 46630KAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2229237 | PA      | $1464071.03    | 0.00%             | 2047-03-25      | Variable      | 4.13%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Acquisition Corp                                     | JP Morgan Mortgage Acquisition Trust 2007-HE1                                   | CUSIP: 46630KAU0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     217030 | PA      | $207597.09     | 0.00%             | 2047-03-25      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                | JP Morgan Mortgage Trust 2007-A3                                                | CUSIP: 46630UAE4<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |     921862 | PA      | $768881.18     | 0.00%             | 2037-05-25      | Variable      | 5.21%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                | JP Morgan Mortgage Trust 2007-A3                                                | CUSIP: 46630UAM6<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |     155735 | PA      | $134410.43     | 0.00%             | 2037-05-25      | Variable      | 4.84%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                | JP Morgan Mortgage Trust 2007-A4                                                | CUSIP: 46631JAE8<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |     189193 | PA      | $146858.59     | 0.00%             | 2037-06-25      | Variable      | 4.83%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                     | JPMorgan Chase & Co                                                             | CUSIP: 46647PAR7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    2671000 | PA      | $2669317.27    | 0.01%             | 2029-04-23      | Fixed         | 4.01%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                     | JPMorgan Chase & Co                                                             | CUSIP: 46647PAX4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    8325000 | PA      | $8413328.25    | 0.03%             | 2029-12-05      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                     | JPMorgan Chase & Co                                                             | CUSIP: 46647PBD7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    2876000 | PA      | $2834067.92    | 0.01%             | 2030-05-06      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                     | JPMorgan Chase & Co                                                             | CUSIP: 46647PBR6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    2490000 | PA      | $2428646.40    | 0.01%             | 2028-06-01      | Fixed         | 2.18%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                     | JPMorgan Chase & Co                                                             | CUSIP: 46647PBW5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   15825000 | PA      | $15780373.50   | 0.05%             | 2027-02-04      | Fixed         | 1.04%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                     | JPMorgan Chase & Co                                                             | CUSIP: 46647PBX3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    9805000 | PA      | $8749001.50    | 0.03%             | 2032-02-04      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                     | JPMorgan Chase & Co                                                             | CUSIP: 46647PCB0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   19179000 | PA      | $19029979.17   | 0.06%             | 2027-04-22      | Fixed         | 1.58%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                     | JPMorgan Chase & Co                                                             | CUSIP: 46647PCC8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   19039000 | PA      | $17411546.28   | 0.06%             | 2032-04-22      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                     | JPMorgan Chase & Co                                                             | CUSIP: 46647PCJ3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    3013000 | PA      | $2877595.78    | 0.01%             | 2029-06-01      | Fixed         | 2.07%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                     | JPMorgan Chase & Co                                                             | CUSIP: 46647PCP9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   10000000 | PA      | $9817500.00    | 0.03%             | 2027-09-22      | Fixed         | 1.47%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                     | JPMorgan Chase & Co                                                             | CUSIP: 46647PCR5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   20371000 | PA      | $18387883.15   | 0.06%             | 2032-11-08      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                     | JPMorgan Chase & Co                                                             | CUSIP: 46647PCU8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    7747000 | PA      | $7113605.28    | 0.02%             | 2033-01-25      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                     | JPMorgan Chase & Co                                                             | CUSIP: 46647PCW4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   23236000 | PA      | $22961350.48   | 0.07%             | 2028-02-24      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                     | JPMorgan Chase & Co                                                             | CUSIP: 46647PEB8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   10505000 | PA      | $10775608.80   | 0.03%             | 2030-01-23      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| Jane Street Group LLC                                                   | Jane Street Group LLC 2024 Term Loan B1                                         | CUSIP: 47077DAM2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | LON              | CORP              | US        |    5177989 | PA      | $5160176.77    | 0.02%             | 2031-12-15      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| JERSEY CENTRAL PWR & LT                                                 | Jersey Central Power & Light Co                                                 | CUSIP: 476556CP8<br>LEI: 549300W9UGH9ZPLNPF79 | Long             | DBT              | CORP              | US        |    1404000 | PA      | $1537464.24    | 0.00%             | 2036-05-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| JERSEY CENTRAL PWR & LT                                                 | Jersey Central Power & Light Co                                                 | CUSIP: 476556DD4<br>LEI: 549300W9UGH9ZPLNPF79 | Long             | DBT              | CORP              | US        |     820000 | PA      | $737803.20     | 0.00%             | 2032-03-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Jersey City Municipal Utilities Authority                               | JERSEY CITY NJ MUNI UTILITIES AUTH                                              | CUSIP: 476624BH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     125000 | PA      | $126915.75     | 0.00%             | 2027-05-15      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS CORP                                                    | JetBlue 2020-1 Class A Pass Through Trust                                       | CUSIP: 477164AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7165481 | PA      | $6796530.29    | 0.02%             | 2032-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KAZMUNAYGAS NATIONAL CO                                                 | KazMunayGas National Co JSC                                                     | CUSIP: 48126PAA0<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |    1443000 | PA      | $1303736.07    | 0.00%             | 2033-04-14      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KELSO INDUSTRIES LLC                                                    | Kelso Industries LLC Term Loan                                                  | CUSIP: 48825CAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    6269982 | PA      | $6285657.40    | 0.02%             | 2029-12-30      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| KELSO INDUSTRIES LLC                                                    | Kelso Industries LLC Delayed Draw Term Loan                                     | CUSIP: 48825CAC9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     135986 | PA      | $136326.45     | 0.00%             | 2029-12-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KEDRION SPA                                                             | Kedrion SpA                                                                     | CUSIP: 49272YAB9<br>LEI: 81560047FA58E1BEDF67 | Long             | DBT              | CORP              | IT        |     867000 | PA      | $854775.30     | 0.00%             | 2029-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| KUEHG Corp                                                              | KUEHG Corp 2025 Term Loan                                                       | CUSIP: 50118YAH2<br>LEI: 549300YNT566T1NYJX62 | Long             | LON              | CORP              | US        |    1775312 | PA      | $1728088.61    | 0.01%             | 2030-06-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LCM Loan Income Fund Ltd                                                | LCM Loan Income Fund I Ltd                                                      | CUSIP: 50189XAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    7500000 | PA      | $7506697.50    | 0.02%             | 2031-04-20      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| LSF12 Crown US Commercial Bidco LLC                                     | LSF12 Crown US Commercial Bidco LLC 2025 Term Loan B                            | CUSIP: 50221UAD3<br>LEI: 254900FI2OCFTJ9PAJ18 | Long             | LON              | CORP              | US        |    1966918 | PA      | $1981670.12    | 0.01%             | 2031-12-02      | Floating      | 7.37%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                    | Las Vegas Sands Corp                                                            | CUSIP: 517834AM9<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |   29515000 | PA      | $30283865.75   | 0.10%             | 2028-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                    | Las Vegas Sands Corp                                                            | CUSIP: 517834AN7<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    1130000 | PA      | $1185471.70    | 0.00%             | 2030-06-14      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Lehman ABS Mortgage Loan Trust                                          | Lehman ABS Mortgage Loan Trust 2007-1                                           | CUSIP: 52521MAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     154532 | PA      | $103505.76     | 0.00%             | 2037-06-25      | Floating      | 4.05%                 | No            |                  2 | On Loan: No      |
| Lehman XS Trust                                                         | Lehman XS Trust Series 2005-7N                                                  | CUSIP: 525221EM5<br>LEI: 549300FDK6ZP3YIHRJ47 | Long             | ABS-MBS          | CORP              | US        |     191562 | PA      | $182595.23     | 0.00%             | 2035-12-25      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| Lehman XS Trust                                                         | Lehman XS Trust 2006-5                                                          | CUSIP: 525221JT5<br>LEI: 549300FDK6ZP3YIHRJ47 | Long             | ABS-O            | CORP              | US        |   15788049 | PA      | $14130958.96   | 0.05%             | 2036-04-25      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| Lehman XS Trust                                                         | Lehman XS Trust Series 2006-12N                                                 | CUSIP: 525226AG1<br>LEI: 549300FDK6ZP3YIHRJ47 | Long             | ABS-MBS          | CORP              | US        |    5081510 | PA      | $5465380.19    | 0.02%             | 2046-08-25      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| Lehman XS Trust                                                         | Lehman XS Trust Series 2006-14N                                                 | CUSIP: 52522CAG8<br>LEI: 549300FDK6ZP3YIHRJ47 | Long             | ABS-MBS          | CORP              | US        |      16195 | PA      | $19039.07      | 0.00%             | 2036-08-25      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| Lehman XS Trust                                                         | Lehman XS Trust 2006-8                                                          | CUSIP: 52522HAA0<br>LEI: 549300FDK6ZP3YIHRJ47 | Long             | ABS-O            | CORP              | US        |   20332961 | PA      | $18584917.75   | 0.06%             | 2036-06-25      | Floating      | 4.17%                 | No            |                  2 | On Loan: No      |
| Lehman XS Trust                                                         | Lehman XS Trust Series 2007-4N                                                  | CUSIP: 52524HAD2<br>LEI: 549300FDK6ZP3YIHRJ47 | Long             | ABS-MBS          | CORP              | US        |   10995653 | PA      | $9772381.27    | 0.03%             | 2047-03-25      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| LXP INDUSTRIAL TRUST                                                    | LXP Industrial Trust                                                            | CUSIP: 529043AF8<br>LEI: 549300S4MH2ICXDBFV43 | Long             | DBT              |  | US        |     992000 | PA      | $1052174.72    | 0.00%             | 2028-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Long Beach Mortgage Loan Trust                                          | Long Beach Mortgage Loan Trust 2004-4                                           | CUSIP: 542514HT4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      38201 | PA      | $37380.83      | 0.00%             | 2034-10-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                              | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                       | CUSIP: 544445NU9<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |     185000 | PA      | $189960.04     | 0.00%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Luminent Mortgage Trust                                                 | Luminent Mortgage Trust 2006-5                                                  | CUSIP: 55027XAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   23911750 | PA      | $14515819.05   | 0.05%             | 2036-07-25      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| Luminent Mortgage Trust                                                 | Luminent Mortgage Trust 2006-6                                                  | CUSIP: 55027YAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7340944 | PA      | $6805711.73    | 0.02%             | 2046-10-25      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| MASTR Seasoned Securitization Trust                                     | MASTR Seasoned Securitization Trust 2004-1                                      | CUSIP: 55265WBD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       5558 | PA      | $5467.45       | 0.00%             | 2032-10-25      | Variable      | 6.53%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortgage Loan Trust                             | MF1 2022-FL8 Ltd                                                                | CUSIP: 55284JAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   16232839 | PA      | $16232069.50   | 0.05%             | 2037-02-19      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| MKT 2020-525M Mortgage Trust                                            | MKT 2020-525M Mortgage Trust                                                    | CUSIP: 55316PAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8500000 | PA      | $7707599.40    | 0.02%             | 2040-02-12      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                                                | Madison Park Funding XXXVI Ltd                                                  | CUSIP: 55819PBG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   13350000 | PA      | $13361120.55   | 0.04%             | 2035-04-15      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                                                | Madison Park Funding XLIX Ltd                                                   | CUSIP: 55820VAL7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   40000000 | PA      | $40010040.00   | 0.13%             | 2034-10-19      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                                                | Madison Park Funding XXVII Ltd                                                  | CUSIP: 55820YAQ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   32300000 | PA      | $32316796.00   | 0.10%             | 2038-04-20      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                                                | Madison Park Funding XLVI Ltd                                                   | CUSIP: 55822AAY3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   33270000 | PA      | $33299943.00   | 0.11%             | 2034-10-15      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                | Warnermedia Holdings Inc                                                        | CUSIP: 55903VBU6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    8440000 | PA      | $5589474.40    | 0.02%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE                                                    | Michaels Cos Inc/The                                                            | CUSIP: 55916AAA2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |   23069000 | PA      | $22195838.35   | 0.07%             | 2028-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE                                                    | Michaels Cos Inc/The                                                            | CUSIP: 55916AAB0<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |    8511000 | PA      | $7861100.04    | 0.03%             | 2029-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Magnetite CLO Ltd                                                       | Magnetite XXIII Ltd                                                             | CUSIP: 55954NAL3<br>LEI: 549300WG00K34O9YA435 | Long             | ABS-CBDO         | CORP              | KY        |   20000000 | PA      | $20032820.00   | 0.06%             | 2035-01-25      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| Magnetite CLO Ltd                                                       | Magnetite XXV Ltd                                                               | CUSIP: 55955GAA1<br>LEI: 549300WFCL37N4TDUR08 | Long             | ABS-CBDO         | CORP              | KY        |   11470541 | PA      | $11477354.04   | 0.04%             | 2032-01-25      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Magnite Inc                                                             | Magnite Inc 2025 Repriced Term Loan B                                           | CUSIP: 55955NAG3<br>LEI: 54930018FR2YX1HHSB02 | Long             | LON              | CORP              | US        |    5013521 | PA      | $5014573.36    | 0.02%             | 2031-02-06      | Floating      | 6.72%                 | No            |                  2 | On Loan: No      |
| MajorDrive Holdings IV LLC                                              | MajorDrive Holdings IV LLC Term Loan B                                          | CUSIP: 56085UAB9<br>LEI: 25490044R1FR5N8FIT62 | Long             | LON              | CORP              | US        |    1151488 | PA      | $1048492.84    | 0.00%             | 2028-06-01      | Floating      | 7.93%                 | No            |                  2 | On Loan: No      |
| MASTR Adjustable Rate Mortgages Trust                                   | MASTR Adjustable Rate Mortgages Trust 2007-1                                    | CUSIP: 576431AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   75923526 | PA      | $29992852.48   | 0.10%             | 2047-01-25      | Floating      | 4.24%                 | No            |                  2 | On Loan: No      |
| MASTR Adjustable Rate Mortgages Trust                                   | MASTR Adjustable Rate Mortgages Trust 2003-6                                    | CUSIP: 576433GH3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       9503 | PA      | $9314.88       | 0.00%             | 2034-01-25      | Variable      | 4.36%                 | No            |                  2 | On Loan: No      |
| MASTR Adjustable Rate Mortgages Trust                                   | MASTR Adjustable Rate Mortgages Trust 2003-7                                    | CUSIP: 576433HK5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     213601 | PA      | $212615.81     | 0.00%             | 2033-11-25      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| MASTR Adjustable Rate Mortgages Trust                                   | MASTR Adjustable Rate Mortgages Trust 2004-8                                    | CUSIP: 576433QR0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     911510 | PA      | $876598.33     | 0.00%             | 2034-09-25      | Variable      | 5.09%                 | No            |                  2 | On Loan: No      |
| MASTR Adjustable Rate Mortgages Trust                                   | MASTR Adjustable Rate Mortgages Trust 2004-13                                   | CUSIP: 576433UF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1009118 | PA      | $1002686.70    | 0.00%             | 2034-11-21      | Variable      | 5.63%                 | No            |                  2 | On Loan: No      |
| MASTR Adjustable Rate Mortgages Trust                                   | MASTR Adjustable Rate Mortgages Trust 2006-2                                    | CUSIP: 576438AH8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4287258 | PA      | $1317611.10    | 0.00%             | 2036-05-25      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| MASTR Asset Backed Securities Trust                                     | Mastr Asset Backed Securities Trust 2006-HE4                                    | CUSIP: 576449AC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   11445218 | PA      | $3328166.37    | 0.01%             | 2036-11-25      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| MASTR Asset Backed Securities Trust                                     | Mastr Asset Backed Securities Trust 2006-HE4                                    | CUSIP: 576449AD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3179227 | PA      | $923537.21     | 0.00%             | 2036-11-25      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| MASTR Asset Backed Securities Trust                                     | Mastr Asset Backed Securities Trust 2007-HE1                                    | CUSIP: 576457AC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7803108 | PA      | $7613766.78    | 0.02%             | 2037-05-25      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| McAfee, LLC                                                             | McAfee LLC 2024 USD 1st Lien Term Loan B                                        | CUSIP: 57906HAF4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | LON              | CORP              | US        |     883185 | PA      | $817948.48     | 0.00%             | 2029-03-01      | Floating      | 6.72%                 | No            |                  2 | On Loan: No      |
| Medina Valley Independent School District                               | MEDINA VLY TX INDEP SCH DIST                                                    | CUSIP: 584887WW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    1570000 | PA      | $1601629.22    | 0.01%             | 2050-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investors Trust                                  | Merrill Lynch Mortgage Investors Trust Series 2003-A6                           | CUSIP: 5899294H8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | ABS-MBS          | CORP              | US        |     104595 | PA      | $103052.72     | 0.00%             | 2033-10-25      | Variable      | 6.73%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                    | Bank of America Corp                                                            | CUSIP: 5901886X1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   50000000 | PA      | $50213000.00   | 0.16%             | 2026-12-01      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investors Trust                                  | Merrill Lynch Mortgage Investors Trust Series 2006-WMC2                         | CUSIP: 59020U6K6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | ABS-O            | CORP              | US        |   25851781 | PA      | $4862520.93    | 0.02%             | 2037-03-25      | Variable      | 3.84%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investors Trust                                  | Merrill Lynch Mortgage Investors Trust Series 2006-WMC2                         | CUSIP: 59020U6M2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | ABS-O            | CORP              | US        |   20233299 | PA      | $3800890.04    | 0.01%             | 2037-03-25      | Variable      | 3.84%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investors Trust                                  | Merrill Lynch Mortgage Investors Trust Series MLMI 2004-A4                      | CUSIP: 59020ULQ6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | ABS-MBS          | CORP              | US        |     366388 | PA      | $348433.67     | 0.00%             | 2034-08-25      | Variable      | 5.11%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investors Trust                                  | Merrill Lynch Mortgage Investors Trust MLMI Series 2005-A10                     | CUSIP: 59020UZ65<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | ABS-MBS          | CORP              | US        |       2465 | PA      | $2441.27       | 0.00%             | 2036-02-25      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch First Franklin Mortgage Loan Trust                        | Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-1                  | CUSIP: 59023LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  114020791 | PA      | $49333991.32   | 0.16%             | 2037-04-25      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch First Franklin Mortgage Loan Trust                        | Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-1                  | CUSIP: 59023LAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   23306916 | PA      | $8668639.08    | 0.03%             | 2037-04-25      | Floating      | 4.19%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch First Franklin Mortgage Loan Trust                        | Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-1                  | CUSIP: 59023LAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   48824304 | PA      | $18259532.78   | 0.06%             | 2037-04-25      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch First Franklin Mortgage Loan Trust                        | Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-2                  | CUSIP: 59024QAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   13239290 | PA      | $9749165.61    | 0.03%             | 2037-05-25      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch First Franklin Mortgage Loan Trust                        | Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-2                  | CUSIP: 59024QAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6538136 | PA      | $4842273.79    | 0.02%             | 2037-05-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch First Franklin Mortgage Loan Trust                        | Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-3                  | CUSIP: 59024VAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3575493 | PA      | $3596391.02    | 0.01%             | 2037-06-25      | Floating      | 4.21%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch First Franklin Mortgage Loan Trust                        | Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-3                  | CUSIP: 59024VAH2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5328722 | PA      | $5374848.05    | 0.02%             | 2037-06-25      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch First Franklin Mortgage Loan Trust                        | Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-4                  | CUSIP: 59025CAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8515034 | PA      | $8600336.13    | 0.03%             | 2037-07-25      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch First Franklin Mortgage Loan Trust                        | Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-4                  | CUSIP: 59025CAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6241732 | PA      | $6330151.39    | 0.02%             | 2037-07-25      | Floating      | 4.17%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Backed Securities Trust                          | Merrill Lynch Mortgage Backed Securities Trust Series 2007-2                    | CUSIP: 59025GAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1204306 | PA      | $1043067.44    | 0.00%             | 2036-08-25      | Floating      | 6.01%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY PENN ELECTRI                                                | FirstEnergy Pennsylvania Electric Co                                            | CUSIP: 591894CC2<br>LEI: O1PLQWO3TX952VMBJ146 | Long             | DBT              | CORP              | US        |   13381000 | PA      | $13392106.23   | 0.04%             | 2029-01-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Michaels Companies Inc                                                  | Michaels Companies Inc 2021 Term Loan B                                         | CUSIP: 59408UAB3<br>LEI: 549300H9LWMBP7HYLR98 | Long             | LON              | CORP              | US        |    4616988 | PA      | $4475431.47    | 0.01%             | 2028-04-17      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| Mid-State Trust                                                         | Mid-State Capital Corp 2005-1 Trust                                             | CUSIP: 595481AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1198195 | PA      | $1198419.82    | 0.00%             | 2040-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Mid-State Trust                                                         | Mid-State Capital Corp 2006-1 Trust                                             | CUSIP: 59548PAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3401348 | PA      | $3424688.30    | 0.01%             | 2040-10-15      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| Mid-State Trust                                                         | Mid-State Trust XI                                                              | CUSIP: 59549WAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      28257 | PA      | $28264.73      | 0.00%             | 2038-07-15      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| Modivcare Inc                                                           | Modivcare Inc 2024 Term Loan B                                                  | CUSIP: 60783LAC4<br>LEI: 549300EFZIFW7F7I0Q28 | Long             | LON              | CORP              | US        |   20933241 | PA      | $8486650.05    | 0.03%             | 2031-07-01      | Floating      | 10.37%                | No            |                  2 | On Loan: No      |
| Modivcare Inc                                                           | Modivcare Inc 2025 Incremental Term Loan                                        | CUSIP: 60783LAD2<br>LEI: 549300EFZIFW7F7I0Q28 | Long             | LON              | CORP              | US        |    3294377 | PA      | $1335590.03    | 0.00%             | 2026-01-12      | Floating      | 15.44%                | No            |                  2 | On Loan: No      |
| MODIVCARE INC                                                           | ModivCare Inc                                                                   | CUSIP: 60783XAC8<br>LEI: 549300EFZIFW7F7I0Q28 | Long             | DBT              | CORP              | US        |   44324700 | PA      | $664870.50     | 0.00%             | 2029-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                                                  | Morgan Stanley Bank NA                                                          | CUSIP: 61690DK72<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   17635000 | PA      | $17969535.95   | 0.06%             | 2029-01-12      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                          | Morgan Stanley                                                                  | CUSIP: 6174468U6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    4798000 | PA      | $4218689.48    | 0.01%             | 2032-02-13      | Fixed         | 1.79%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                          | Morgan Stanley                                                                  | CUSIP: 6174468X0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    2890000 | PA      | $2537391.10    | 0.01%             | 2032-04-28      | Fixed         | 1.93%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Mortgage Loan Trust                                      | Morgan Stanley Mortgage Loan Trust 2005-2AR                                     | CUSIP: 61745M4E0<br>LEI: 549300M91PFQR7JLJ570 | Long             | ABS-MBS          | CORP              | US        |     435233 | PA      | $435248.83     | 0.00%             | 2035-04-25      | Floating      | 4.11%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                          | Morgan Stanley                                                                  | CUSIP: 61747YEC5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $986120.00     | 0.00%             | 2027-07-20      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                          | Morgan Stanley                                                                  | CUSIP: 61747YED3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   28402000 | PA      | $25236313.08   | 0.08%             | 2032-07-21      | Fixed         | 2.24%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                          | Morgan Stanley                                                                  | CUSIP: 61747YEH4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     455000 | PA      | $408489.90     | 0.00%             | 2032-10-20      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                          | Morgan Stanley                                                                  | CUSIP: 61747YEL5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    2483000 | PA      | $2267525.26    | 0.01%             | 2033-01-21      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                          | Morgan Stanley                                                                  | CUSIP: 61747YFR1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     235000 | PA      | $250087.00     | 0.00%             | 2035-04-19      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                          | Morgan Stanley                                                                  | CUSIP: 61747YFT7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    2325000 | PA      | $2395866.00    | 0.01%             | 2035-07-19      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Mortgage Loan Trust                                      | Morgan Stanley Mortgage Loan Trust 2004-7AR                                     | CUSIP: 61748HCH2<br>LEI: 5493001INKZRJR8O7L63 | Long             | ABS-MBS          | CORP              | US        |     157840 | PA      | $154656.87     | 0.00%             | 2034-09-25      | Variable      | 5.09%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Mortgage Loan Trust                                      | Morgan Stanley Mortgage Loan Trust 2004-11AR                                    | CUSIP: 61748HGR6<br>LEI: 5493001INKZRJR8O7L63 | Long             | ABS-MBS          | CORP              | US        |      36944 | PA      | $35378.90      | 0.00%             | 2035-01-25      | Floating      | 4.17%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Mortgage Loan Trust                                      | Morgan Stanley Mortgage Loan Trust 2006-7                                       | CUSIP: 61749JAS5<br>LEI: 549300E4V6DCTUJSC749 | Long             | ABS-MBS          | CORP              | US        |     610030 | PA      | $152591.88     | 0.00%             | 2036-06-25      | Variable      | 5.96%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY PVT BANK                                                 | Morgan Stanley Private Bank NA                                                  | CUSIP: 61776NVG5<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |    3277000 | PA      | $3322714.15    | 0.01%             | 2031-07-18      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY PVT BANK                                                 | Morgan Stanley Private Bank NA                                                  | CUSIP: 61776NZU0<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |    5000000 | PA      | $5015950.00    | 0.02%             | 2028-11-17      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY PVT BANK                                                 | Morgan Stanley Private Bank NA                                                  | CUSIP: 61776NZW6<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |   13745000 | PA      | $13782936.20   | 0.04%             | 2031-11-19      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| MortgageIT Trust                                                        | MortgageIT Trust 2005-1                                                         | CUSIP: 61913PAP7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     795430 | PA      | $811676.06     | 0.00%             | 2035-02-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| MortgageIT Trust                                                        | MortgageIT Trust 2005-4                                                         | CUSIP: 61913PAZ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     827232 | PA      | $830655.51     | 0.00%             | 2035-10-25      | Floating      | 4.41%                 | No            |                  2 | On Loan: No      |
| MortgageIT Trust                                                        | MortgageIT Trust 2005-5                                                         | CUSIP: 61915RAU0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     217541 | PA      | $217519.14     | 0.00%             | 2035-12-25      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| NMLT Trust                                                              | NLT 2021-INV3 Trust                                                             | CUSIP: 62916BAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  130783320 | PA      | $126244799.05  | 0.41%             | 2056-11-25      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Naked Juice LLC                                                         | Naked Juice LLC 2025 FLFO Term Loan                                             | CUSIP: 62984CAK9<br>LEI: 549300Y5TU1XQ1KVLJ64 | Long             | LON              | CORP              | US        |   23489795 | PA      | $23431070.46   | 0.08%             | 2029-01-24      | Floating      | 9.17%                 | No            |                  2 | On Loan: No      |
| Naked Juice LLC                                                         | Naked Juice LLC 2025 FLSO Term Loan                                             | CUSIP: 62984CAM5<br>LEI: 549300Y5TU1XQ1KVLJ64 | Long             | LON              | CORP              | US        |    6922172 | PA      | $4620549.96    | 0.01%             | 2029-01-24      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| Naked Juice LLC                                                         | Naked Juice LLC 2025 FLTO Term Loan                                             | CUSIP: 62984CAN3<br>LEI: 549300Y5TU1XQ1KVLJ64 | Long             | LON              | CORP              | US        |    2031322 | PA      | $552976.69     | 0.00%             | 2030-01-24      | Floating      | 9.77%                 | No            |                  2 | On Loan: No      |
| Nationstar Home Equity Loan Trust                                       | Nationstar Home Equity Loan Trust 2007-C                                        | CUSIP: 63860KAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2885322 | PA      | $2835822.28    | 0.01%             | 2037-06-25      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| Navarro Independent School District                                     | NAVARRO TX INDEP SCH DIST                                                       | CUSIP: 639285SV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    2250000 | PA      | $2335738.50    | 0.01%             | 2055-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                                                | Neuberger Berman Loan Advisers Clo 43 Ltd                                       | CUSIP: 64134AAJ1<br>LEI: 549300N83MM16HCONB28 | Long             | ABS-CBDO         | CORP              | KY        |   35000000 | PA      | $35032165.00   | 0.11%             | 2036-07-17      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | NEW YORK NY                                                                     | CUSIP: 64966HTX8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    1828787 | PA      | $1911516.26    | 0.01%             | 2036-12-01      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | NEW YORK NY                                                                     | CUSIP: 64966MYR4<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    3145000 | PA      | $3082181.77    | 0.01%             | 2031-04-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                                  | CUSIP: 64971MT44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   13135000 | PA      | $13370103.37   | 0.04%             | 2027-05-01      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                                  | CUSIP: 64971X6R4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    1250000 | PA      | $1310766.25    | 0.00%             | 2035-02-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                                  | CUSIP: 64971X6S2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    1250000 | PA      | $1277300.00    | 0.00%             | 2036-02-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                                  | CUSIP: 64971X7M4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     820000 | PA      | $834300.80     | 0.00%             | 2031-05-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                                  | CUSIP: 64971XEQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    3135000 | PA      | $3082081.20    | 0.01%             | 2031-08-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                                  | CUSIP: 64971XGJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    6450000 | PA      | $6238175.55    | 0.02%             | 2033-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                                  | CUSIP: 64971XQZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    4055000 | PA      | $3199451.77    | 0.01%             | 2035-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                                  | CUSIP: 64971XUX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    3175000 | PA      | $2794092.08    | 0.01%             | 2032-11-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                                  | CUSIP: 64971XXC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    3090000 | PA      | $2619260.13    | 0.01%             | 2033-02-01      | Fixed         | 1.97%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                                  | CUSIP: 64971XYT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    3000000 | PA      | $2519856.00    | 0.01%             | 2034-11-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                                      | CUSIP: 64972JPT9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    5445000 | PA      | $5643138.11    | 0.02%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                                      | CUSIP: 64972JWN4<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    5065000 | PA      | $5253468.65    | 0.02%             | 2054-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                            | CUSIP: 6499022E2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   39746921 | PA      | $40424447.40   | 0.13%             | 2033-03-15      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                            | CUSIP: 64990FLF9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    2330000 | PA      | $2127697.75    | 0.01%             | 2048-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                            | CUSIP: 64990FMV3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   20195000 | PA      | $20691090.18   | 0.07%             | 2039-03-15      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                            | CUSIP: 64990FYQ1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     155000 | PA      | $143208.22     | 0.00%             | 2047-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                        | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE                            | CUSIP: 650028C68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   27365000 | PA      | $28172760.07   | 0.09%             | 2059-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                           | NEW YORK ST URBAN DEV CORP REVENUE                                              | CUSIP: 650035TD0<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |     120000 | PA      | $124054.68     | 0.00%             | 2039-03-15      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| NIAGARA MOHAWK POWER                                                    | Niagara Mohawk Power Corp                                                       | CUSIP: 65364UAH9<br>LEI: 3T97Y9RR5EN5Y18QHB56 | Long             | DBT              | CORP              | US        |    4375000 | PA      | $4136037.50    | 0.01%             | 2034-10-01      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| NIAGARA MOHAWK POWER                                                    | Niagara Mohawk Power Corp                                                       | CUSIP: 65364UAP1<br>LEI: 3T97Y9RR5EN5Y18QHB56 | Long             | DBT              | CORP              | US        |    3543000 | PA      | $2267661.72    | 0.01%             | 2050-06-27      | Fixed         | 3.03%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                            | NiSource Inc                                                                    | CUSIP: 65473PAY1<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   45690000 | PA      | $46064201.10   | 0.15%             | 2056-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Oakwood Mortgage Investors Inc.                                         | Oakwood Mortgage Investors Inc                                                  | CUSIP: 67087TBD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   20571005 | PA      | $2351261.72    | 0.01%             | 2029-09-15      | Variable      | 8.16%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                                                | OBX 2021-NQM4 Trust                                                             | CUSIP: 67115DAA0<br>LEI: 25490010LUJWFEUCIH44 | Long             | ABS-MBS          | CORP              | US        |    4046213 | PA      | $3499444.50    | 0.01%             | 2061-10-25      | Variable      | 1.96%                 | No            |                  2 | On Loan: No      |
| Octagon Investment Partners 44, Ltd.                                    | Octagon Investment Partners 44 Ltd                                              | CUSIP: 67577LAU9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   18750000 | PA      | $18775387.50   | 0.06%             | 2034-10-15      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Octagon 64 Ltd                                                          | Octagon 64 Ltd                                                                  | CUSIP: 67579ABA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   18250000 | PA      | $18278816.75   | 0.06%             | 2037-07-21      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| Octagon Investment Partners 27, LTD.                                    | Octagon Investment Partners 27 Ltd                                              | CUSIP: 67590XAL6<br>LEI: 6354001JUH8Y4IJVGL43 | Long             | ABS-CBDO         | CORP              | KY        |   10000000 | PA      | $10003250.00   | 0.03%             | 2030-07-15      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| One Bryant Park Trust                                                   | One Bryant Park Trust 2019-OBP                                                  | CUSIP: 68236JAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  147000000 | PA      | $136570849.80  | 0.44%             | 2054-09-15      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                                                          | 1261229 BC Ltd                                                                  | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   12142000 | PA      | $12652692.52   | 0.04%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| ONT GAMING GTA/OTG CO-IS                                                | Ontario Gaming GTA LP/OTG Co-Issuer Inc                                         | CUSIP: 68306MAA7<br>LEI: 894500EC9KLZLOC3V025 | Long             | DBT              | CORP              | CA        |     490000 | PA      | $466744.60     | 0.00%             | 2030-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                                                          | Open Text Corp                                                                  | CUSIP: 683715AF3<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    3061000 | PA      | $3187174.42    | 0.01%             | 2027-12-01      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                             | Oracle Corp                                                                     | CUSIP: 68389XCA1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   14754000 | PA      | $9739558.02    | 0.03%             | 2051-03-25      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                             | Oracle Corp                                                                     | CUSIP: 68389XCE3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    6515000 | PA      | $5845909.50    | 0.02%             | 2031-03-25      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                             | Oracle Corp                                                                     | CUSIP: 68389XCY9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    5570000 | PA      | $5597571.50    | 0.02%             | 2028-08-03      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                             | Oracle Corp                                                                     | CUSIP: 68389XDP7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   37962000 | PA      | $34396229.34   | 0.11%             | 2045-09-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                             | Oracle Corp                                                                     | CUSIP: 68389XDR3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   24475000 | PA      | $21746282.25   | 0.07%             | 2055-09-26      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| OREGON TOOL LUX LP                                                      | Oregon Tool Lux LP                                                              | CUSIP: 68610BAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   12270896 | PA      | $2847829.54    | 0.01%             | 2029-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| OWNIT Mortgage Loan Asset-Backed Certificates                           | Ownit Mortgage Loan Trust Series 2006-4                                         | CUSIP: 69121QAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     934193 | PA      | $930663.00     | 0.00%             | 2037-05-25      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| OWNIT Mortgage Loan Asset-Backed Certificates                           | Ownit Mortgage Loan Trust Series 2006-4                                         | CUSIP: 69121QAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   13597928 | PA      | $11475941.26   | 0.04%             | 2037-05-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                  | PNC Financial Services Group Inc/The                                            | CUSIP: 693475BM6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |       3000 | PA      | $3073.05       | 0.00%             | 2034-01-24      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                  | PNC Financial Services Group Inc/The                                            | CUSIP: 693475BW4<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    1465000 | PA      | $1546966.75    | 0.00%             | 2035-01-22      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                  | PNC Financial Services Group Inc/The                                            | CUSIP: 693475CC7<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     300000 | PA      | $313317.00     | 0.00%             | 2036-01-29      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                                                   | Palmer Square CLO 2018-1 Ltd                                                    | CUSIP: 69703PAL3<br>LEI: 549300A8L0VCZ9626397 | Long             | ABS-CBDO         | CORP              | KY        |   22000000 | PA      | $22063954.00   | 0.07%             | 2037-04-18      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| PAPA JOHN'S INTERNATIONA                                                | Papa John's International Inc                                                   | CUSIP: 698813AA0<br>LEI: HZYLD3DK5XOX0WBVNB56 | Long             | DBT              | CORP              | US        |    9150000 | PA      | $8742276.00    | 0.03%             | 2029-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Pelican Products Inc                                                    | Pelican Products Inc 2021 Term Loan                                             | CUSIP: 70468BAC7<br>LEI: 5493008CRWH2WFODTF44 | Long             | LON              | CORP              | US        |    9514740 | PA      | $8638575.18    | 0.03%             | 2028-12-29      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| Pediatric Associates Holding Company LLC                                | Pediatric Associates Holding Company LLC 2021 Term Loan B                       | CUSIP: 70533DAF7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    4570642 | PA      | $4480394.77    | 0.01%             | 2028-12-29      | Floating      | 7.35%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY PENN ELECTRI                                                | FirstEnergy Pennsylvania Electric Co                                            | CUSIP: 708696BY4<br>LEI: O1PLQWO3TX952VMBJ146 | Long             | DBT              | CORP              | US        |     125000 | PA      | $122563.75     | 0.00%             | 2028-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY PENN ELECTRI                                                | FirstEnergy Pennsylvania Electric Co                                            | CUSIP: 708696CA5<br>LEI: O1PLQWO3TX952VMBJ146 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $3007650.00    | 0.01%             | 2026-03-30      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Peraton Corp                                                            | Peraton Corp Term Loan B                                                        | CUSIP: 71360HAB3<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |    6037432 | PA      | $5615898.82    | 0.02%             | 2028-02-01      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                     | Petroleos Mexicanos                                                             | CUSIP: 71654QCC4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    4181000 | PA      | $3423737.28    | 0.01%             | 2047-09-21      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PIEDMONT NATURAL GAS CO                                                 | Piedmont Natural Gas Co Inc                                                     | CUSIP: 720186AN5<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |    7272000 | PA      | $6636863.52    | 0.02%             | 2031-03-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PIEDMONT NATURAL GAS CO                                                 | Piedmont Natural Gas Co Inc                                                     | CUSIP: 720186AQ8<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |    3070000 | PA      | $3196023.50    | 0.01%             | 2033-06-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                                                    | Pilgrim's Pride Corp                                                            | CUSIP: 72147KAH1<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |   56833000 | PA      | $52521080.29   | 0.17%             | 2032-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                                                    | Pilgrim's Pride Corp                                                            | CUSIP: 72147KAL2<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |    4500000 | PA      | $4986630.00    | 0.02%             | 2034-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| KFC Holding Co                                                          | KFC Holding Co 2021 Term Loan B                                                 | CUSIP: 72584DAF1<br>LEI: 549300G2LG4YUB3MM115 | Long             | LON              | CORP              | US        |    8452051 | PA      | $8496931.66    | 0.03%             | 2028-03-15      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Plano HoldCo Inc                                                        | Plano HoldCo Inc Term Loan B                                                    | CUSIP: 72712EAB3<br>LEI: 254900C53JLEP3CCOQ10 | Long             | LON              | CORP              | US        |     992500 | PA      | $965206.25     | 0.00%             | 2031-10-02      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| Planview Parent Inc                                                     | Planview Parent Inc 2024 1st Lien Term Loan                                     | CUSIP: 72751PAJ3<br>LEI: 549300SEALM1D9FKMA32 | Long             | LON              | CORP              | US        |    1906571 | PA      | $1834779.27    | 0.01%             | 2027-12-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Popular ABS Mortgage Pass-Through Trust                                 | Popular ABS Mortgage Pass-Through Trust 2007-A                                  | CUSIP: 73316NAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   15477403 | PA      | $14649482.68   | 0.05%             | 2047-06-25      | Floating      | 4.16%                 | No            |                  2 | On Loan: No      |
| Popular ABS Mortgage Pass-Through Trust                                 | Popular ABS Mortgage Pass-Through Trust                                         | CUSIP: 73316PJF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   14436407 | PA      | $14002808.35   | 0.05%             | 2036-01-25      | Variable      | 3.26%                 | No            |                  2 | On Loan: No      |
| Potomac Energy Center LLC                                               | Potomac Energy Center LLC 2025 Term Loan                                        | CUSIP: 73767TAB2<br>LEI: 549300BHYFK6M9HVNA29 | Long             | LON              | CORP              | US        |    2110905 | PA      | $2132013.67    | 0.01%             | 2032-08-05      | Floating      | 6.84%                 | No            |                  2 | On Loan: No      |
| PREMIER HEALTH PARTNERS                                                 | Premier Health Partners                                                         | CUSIP: 74052BAA5<br>LEI: 549300KETC002I82TF46 | Long             | DBT              | CORP              | US        |    2229000 | PA      | $2201516.43    | 0.01%             | 2026-11-15      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                              | Progress Residential Trust                                                      | CUSIP: 74333HAL9<br>LEI: 5493002EEQ4GX2578787 | Long             | ABS-O            | CORP              | US        |    3973000 | PA      | $3921482.51    | 0.01%             | 2038-07-17      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                              | Progress Residential Trust                                                      | CUSIP: 74333HAN5<br>LEI: 5493002EEQ4GX2578787 | Long             | ABS-O            | CORP              | US        |   10437000 | PA      | $10337010.41   | 0.03%             | 2038-07-17      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                              | Progress Residential Trust                                                      | CUSIP: 74333HAQ8<br>LEI: 5493002EEQ4GX2578787 | Long             | ABS-O            | CORP              | US        |    8896000 | PA      | $8827058.67    | 0.03%             | 2038-07-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                              | Progress Residential 2021-SFR7 Trust                                            | CUSIP: 74333PAN7<br>LEI: 5493002EEQ4GX2578787 | Long             | ABS-O            | CORP              | US        |   23777000 | PA      | $22575793.09   | 0.07%             | 2040-08-17      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                              | Progress Residential 2021-SFR8 Trust                                            | CUSIP: 74333TAJ8<br>LEI: 5493002EEQ4GX2578787 | Long             | ABS-O            | CORP              | US        |   17400000 | PA      | $17109621.84   | 0.06%             | 2038-10-17      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                              | Progress Residential 2021-SFR8 Trust                                            | CUSIP: 74333TAL3<br>LEI: 5493002EEQ4GX2578787 | Long             | ABS-O            | CORP              | US        |   13425000 | PA      | $13195786.92   | 0.04%             | 2038-10-17      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                              | Progress Residential 2021-SFR8 Trust                                            | CUSIP: 74333TAN9<br>LEI: 5493002EEQ4GX2578787 | Long             | ABS-O            | CORP              | US        |   61665000 | PA      | $60745944.84   | 0.20%             | 2038-10-17      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                              | Progress Residential 2021-SFR8 Trust                                            | CUSIP: 74333TAQ2<br>LEI: 5493002EEQ4GX2578787 | Long             | ABS-O            | CORP              | US        |   19482000 | PA      | $19218433.87   | 0.06%             | 2038-10-17      | Fixed         | 4.01%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                              | Progress Residential 2021-SFR3                                                  | CUSIP: 74333VAJ3<br>LEI: 5493002EEQ4GX2578787 | Long             | ABS-O            | CORP              | US        |    3055000 | PA      | $3034522.95    | 0.01%             | 2026-05-17      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                              | Progress Residential 2021-SFR3                                                  | CUSIP: 74333VAQ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3190000 | PA      | $3175811.84    | 0.01%             | 2026-05-17      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Project Alpha Intermediate Holding, Inc.                                | Project Alpha Intermediate Holding Inc 2024 1st Lien Term Loan B                | CUSIP: 74339DAN8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    7108930 | PA      | $7105873.06    | 0.02%             | 2030-10-26      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Cloudera Inc                                                            | Cloudera Inc 2021 Term Loan                                                     | CUSIP: 74339VAB4<br>LEI: 549300PGONC4JOI0RG62 | Long             | LON              | CORP              | US        |     550000 | PA      | $528429.00     | 0.00%             | 2028-10-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE OKLAHOMA                                                 | Public Service Co of Oklahoma                                                   | CUSIP: 744533BS8<br>LEI: F3TJNSIZRGXRH8GEIK79 | Long             | DBT              | CORP              | US        |   12140000 | PA      | $12462924.00   | 0.04%             | 2036-01-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| PUG LLC                                                                 | PUG LLC 2024 Extended Term Loan B                                               | CUSIP: 74530DAH8<br>LEI: 549300NL9JUFIOARLW93 | Long             | LON              | CORP              | US        |    2004962 | PA      | $1991177.89    | 0.01%             | 2030-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| QUIDELORTHO CORP                                                        | QUIDELORTHO CORP TERM LOAN A                                                    | CUSIP: 74840YAF1<br>LEI: 549300YU8CMO9HF53113 | Long             | LON              | CORP              | US        |    1380000 | PA      | $1340325.00    | 0.00%             | 2030-08-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| QUIDELORTHO CORP                                                        | QUIDELORTHO CORP DELAYED DRAW TERM LOAN A                                       | CUSIP: 74840YAG9<br>LEI: 549300YU8CMO9HF53113 | Long             | LON              | CORP              | US        |     120000 | PA      | $116550.00     | 0.00%             | 2030-08-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| QuidelOrtho Corp                                                        | QuidelOrtho Corp Term Loan                                                      | CUSIP: 74840YAH7<br>LEI: 549300YU8CMO9HF53113 | Long             | LON              | CORP              | US        |    5985000 | PA      | $5989668.30    | 0.02%             | 2032-08-20      | Floating      | 7.72%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, Inc.                                        | RALI Series 2006-QS7 Trust                                                      | CUSIP: 748940AG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   15682397 | PA      | $419384.93     | 0.00%             | 2036-06-25      | Variable      | 0.75%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, Inc.                                        | RALI Series 2007-QS1 Trust                                                      | CUSIP: 74922KAK1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7861482 | PA      | $5418825.09    | 0.02%             | 2037-01-25      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, Inc.                                        | RALI Series 2007-QS8 Trust                                                      | CUSIP: 74922UAU7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   42532851 | PA      | $739276.24     | 0.00%             | 2037-06-25      | Variable      | 0.45%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, Inc.                                        | RALI Series 2007-QS4 Trust                                                      | CUSIP: 74923HBG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   18051588 | PA      | $291847.25     | 0.00%             | 2037-03-25      | Variable      | 0.38%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, Inc.                                        | RALI Series 2007-QS5 Trust                                                      | CUSIP: 74923JAR8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   21656462 | PA      | $247000.61     | 0.00%             | 2037-03-25      | Variable      | 0.28%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, Inc.                                        | RALI Series 2007-QS7 Trust                                                      | CUSIP: 74923WAQ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   18313667 | PA      | $200065.82     | 0.00%             | 2037-06-25      | Variable      | 0.37%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, Inc.                                        | RALI Series 2007-QS10 Trust                                                     | CUSIP: 74924DAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   31499360 | PA      | $605902.79     | 0.00%             | 2037-09-25      | Variable      | 0.47%                 | No            |                  2 | On Loan: No      |
| Residential Funding Mtg Sec I                                           | RFMSI Series 2006-SA3 Trust                                                     | CUSIP: 749575AG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      35972 | PA      | $31261.20      | 0.00%             | 2036-09-25      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| Residential Funding Mtg Sec I                                           | RFMSI Series 2006-SA4 Trust                                                     | CUSIP: 74958CAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      23911 | PA      | $20187.00      | 0.00%             | 2036-11-25      | Variable      | 5.43%                 | No            |                  2 | On Loan: No      |
| Residential Funding Mtg Sec I                                           | RFMSI Series 2007-SA2 Trust                                                     | CUSIP: 74958XAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     658708 | PA      | $572042.90     | 0.00%             | 2037-04-25      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| RR Ltd                                                                  | RR 26 Ltd                                                                       | CUSIP: 74989MAN1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   34500000 | PA      | $34463361.00   | 0.11%             | 2038-04-15      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| Rad CLO Ltd                                                             | Rad CLO 18 Ltd                                                                  | CUSIP: 75009AAU4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   22150000 | PA      | $22187743.60   | 0.07%             | 2037-07-15      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Raising Cane's Restaurants, LLC                                         | Raising Cane's Restaurants LLC 2025 Term Loan B                                 | CUSIP: 75101XAQ0<br>LEI: 254900V6ADXFWHYOED66 | Long             | LON              | CORP              | US        |    4966205 | PA      | $4983288.31    | 0.02%             | 2032-11-03      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, Inc.                                        | RALI Series 2006-QS12 Trust                                                     | CUSIP: 751151AN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      99416 | PA      | $73220.43      | 0.00%             | 2036-09-25      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, Inc.                                        | RALI Series 2006-QA7 Trust                                                      | CUSIP: 751152AB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   11093294 | PA      | $10293135.99   | 0.03%             | 2036-08-25      | Floating      | 4.22%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, Inc.                                        | RALI Series 2006-QS10 Trust                                                     | CUSIP: 751155AS1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9734769 | PA      | $189132.93     | 0.00%             | 2036-08-25      | Variable      | 0.57%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, Inc.                                        | RALI Series 2006-QS8 Trust                                                      | CUSIP: 75115AAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   39919186 | PA      | $1120419.78    | 0.00%             | 2036-08-25      | Variable      | 0.78%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, Inc.                                        | RALI Series 2007-QS6 Trust                                                      | CUSIP: 75116CEX0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   48503932 | PA      | $632074.14     | 0.00%             | 2037-04-25      | Variable      | 0.34%                 | No            |                  2 | On Loan: No      |
| Red Ventures LLC                                                        | Red Ventures LLC 2024 Term Loan B                                               | CUSIP: 75703UAL9<br>LEI: 9845004G68FBD7FP1585 | Long             | LON              | CORP              | US        |    3174080 | PA      | $3057051.64    | 0.01%             | 2030-03-04      | Floating      | 6.47%                 | No            |                  2 | On Loan: No      |
| Renaissance Holding Corp.                                               | Renaissance Holding Corp 2024 1st Lien Term Loan                                | CUSIP: 75972JAK0<br>LEI: 549300UKKEC0Y6TXNF09 | Long             | LON              | CORP              | US        |    9177636 | PA      | $8041398.41    | 0.03%             | 2030-04-05      | Floating      | 7.72%                 | No            |                  2 | On Loan: No      |
| Research Now Group Inc                                                  | Research Now Group Inc 2024 First Lien First Out Term Loan                      | CUSIP: 76100MAB6<br>LEI: 549300XTHJNIVC5Q8K50 | Long             | LON              | CORP              | US        |    1215625 | PA      | $1211370.02    | 0.00%             | 2028-07-15      | Floating      | 9.14%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, Inc.                                        | RALI Series 2005-QO5 Trust                                                      | CUSIP: 761118QM3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2961856 | PA      | $2313442.38    | 0.01%             | 2046-01-25      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, Inc.                                        | RALI Series 2006-QA1 Trust                                                      | CUSIP: 761118SZ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      72482 | PA      | $52212.36      | 0.00%             | 2036-01-25      | Variable      | 5.07%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, Inc.                                        | RALI Series 2006-QA1 Trust                                                      | CUSIP: 761118TB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6843327 | PA      | $4567212.99    | 0.01%             | 2036-01-25      | Variable      | 5.08%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, Inc.                                        | RALI Series 2006-QS2 Trust                                                      | CUSIP: 761118VE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   36658201 | PA      | $621690.10     | 0.00%             | 2036-02-25      | Variable      | 0.48%                 | No            |                  2 | On Loan: No      |
| Residential Funding Mtg Sec I                                           | RFMSI Series 2005-SA5 Trust                                                     | CUSIP: 76111XZA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1467895 | PA      | $690672.46     | 0.00%             | 2035-11-25      | Variable      | 3.84%                 | No            |                  2 | On Loan: No      |
| Residential Asset Mortgage Products, INC.                               | RAMP Series 2004-SL3 Trust                                                      | CUSIP: 76112BBS8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       7876 | PA      | $3539.64       | 0.00%             | 2031-12-25      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securities Corporation                                | RASC Series 2006-KS3 Trust                                                      | CUSIP: 76113ABL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      51283 | PA      | $51112.43      | 0.00%             | 2036-04-25      | Floating      | 4.34%                 | No            |                  2 | On Loan: No      |
| Residential Asset Securitization Trust                                  | Residential Asset Securitization Trust 2006-A7CB                                | CUSIP: 76113NAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1386657 | PA      | $1029938.72    | 0.00%             | 2036-07-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Rockford Tower CLO Ltd                                                  | Rockford Tower CLO 2017-3 Ltd                                                   | CUSIP: 77341DAA5<br>LEI: 549300V5ZF7112UGSH89 | Long             | ABS-CBDO         | CORP              | KY        |     445417 | PA      | $445602.30     | 0.00%             | 2030-10-20      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Rockford Tower CLO Ltd                                                  | Rockford Tower CLO 2020-1 Ltd                                                   | CUSIP: 77341EBA2<br>LEI: 5493009YDNBJVFWX7747 | Long             | ABS-CBDO         | CORP              | KY        |   22730000 | PA      | $22719476.01   | 0.07%             | 2036-01-20      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| ROLLINS INC                                                             | Rollins Inc                                                                     | CUSIP: 775711AC8<br>LEI: 549300F2A0BXT4SGWD84 | Long             | DBT              | CORP              | US        |    8000000 | PA      | $8184640.00    | 0.03%             | 2035-02-24      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                      | Royalty Pharma PLC                                                              | CUSIP: 78081BAJ2<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    1295000 | PA      | $1247654.80    | 0.00%             | 2027-09-02      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| State Street Global Advisors                                            | State Street Institutional U.S. Government Money Market Fund                    | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |   56588258 | NS      | $56588257.62   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SFAVE Commercial Mortgage Securities Trust                              | SFAVE Commercial Mortgage Securities Trust 2015-5AVE                            | CUSIP: 78413MAA6<br>LEI: 549300FIGODFFTOAAU64 | Long             | ABS-MBS          | CORP              | US        |   56465000 | PA      | $48541836.85   | 0.16%             | 2043-01-05      | Variable      | 3.87%                 | No            |                  2 | On Loan: No      |
| SFAVE Commercial Mortgage Securities Trust                              | SFAVE Commercial Mortgage Securities Trust 2015-5AVE                            | CUSIP: 78413MAE8<br>LEI: 549300FIGODFFTOAAU64 | Long             | ABS-MBS          | CORP              | US        |    8710000 | PA      | $7541010.87    | 0.02%             | 2043-01-05      | Variable      | 4.14%                 | No            |                  2 | On Loan: No      |
| SG Mortgage Securities Trust                                            | SG Mortgage Securities Trust 2007-NC1                                           | CUSIP: 78420RAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   10792996 | PA      | $6430244.66    | 0.02%             | 2036-12-25      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| SLC Student Loan Trust                                                  | SLC Student Loan Trust 2004-1                                                   | CUSIP: 784423AH8<br>LEI: 25490083RPF52FIUZ551 | Long             | ABS-O            | CORP              | US        |     160966 | PA      | $141879.23     | 0.00%             | 2031-08-15      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                  | SLM Student Loan Trust 2003-12                                                  | CUSIP: 78442GKD7<br>LEI: GX18J72G8XB30P3MQA62 | Long             | ABS-O            | CORP              | US        |      22946 | PA      | $22168.28      | 0.00%             | 2068-12-15      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                  | SLM Student Loan Trust 2006-2                                                   | CUSIP: 78442GRX6<br>LEI: 5493007758ACJK074H95 | Long             | ABS-O            | CORP              | US        |   15303569 | PA      | $14961377.86   | 0.05%             | 2041-01-25      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                  | SLM Student Loan Trust 2006-8                                                   | CUSIP: 78443HAF0<br>LEI: 5493008U32QWNGB0TW72 | Long             | ABS-O            | CORP              | US        |   16615013 | PA      | $16111410.11   | 0.05%             | 2041-01-25      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                  | SLM Student Loan Trust 2007-1                                                   | CUSIP: 78443VAG7<br>LEI: 5493006Z6MTP02OKOJ80 | Long             | ABS-O            | CORP              | US        |   16451248 | PA      | $15910344.20   | 0.05%             | 2042-01-27      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                  | SLM Student Loan Trust 2007-1                                                   | CUSIP: 78443VAJ1<br>LEI: 5493006Z6MTP02OKOJ80 | Long             | ABS-O            | CORP              | US        |    1922990 | PA      | $1789712.50    | 0.01%             | 2042-01-27      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                  | SLM Student Loan Trust 2008-2                                                   | CUSIP: 784442AD7<br>LEI: 549300MHMWVKFEDI8G73 | Long             | ABS-O            | CORP              | US        |   38874000 | PA      | $40971131.79   | 0.13%             | 2083-01-25      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                  | SLM Student Loan Trust 2007-6                                                   | CUSIP: 78444CAF0<br>LEI: 549300DP3T6QDZHB8271 | Long             | ABS-O            | CORP              | US        |    2384660 | PA      | $2248323.78    | 0.01%             | 2043-04-27      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                  | SLM Student Loan Trust 2007-7                                                   | CUSIP: 78444EAD1<br>LEI: 549300IZGFDRVV7YTH38 | Long             | ABS-O            | CORP              | US        |      79818 | PA      | $79061.84      | 0.00%             | 2049-01-25      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                  | SLM Student Loan Trust 2008-3                                                   | CUSIP: 78444GAC8<br>LEI: 549300OORAXMFXOHG132 | Long             | ABS-O            | CORP              | US        |       5112 | PA      | $5111.96       | 0.00%             | 2021-10-25      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                  | SLM Student Loan Trust 2008-3                                                   | CUSIP: 78444GAD6<br>LEI: 549300OORAXMFXOHG132 | Long             | ABS-O            | CORP              | US        |    2260000 | PA      | $2334146.98    | 0.01%             | 2083-04-26      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                  | SLM Student Loan Trust 2008-5                                                   | CUSIP: 78444YAD7<br>LEI: 549300SRMXHPGI3BJ386 | Long             | ABS-O            | CORP              | US        |    7125049 | PA      | $7171902.31    | 0.02%             | 2023-07-25      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                  | SLM Student Loan Trust 2008-5                                                   | CUSIP: 78444YAE5<br>LEI: 549300SRMXHPGI3BJ386 | Long             | ABS-O            | CORP              | US        |   37199000 | PA      | $39171462.10   | 0.13%             | 2073-07-25      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                  | SLM Student Loan Trust 2008-4                                                   | CUSIP: 78445AAD8<br>LEI: 549300EQOYJZL2D96G46 | Long             | ABS-O            | CORP              | US        |     581175 | PA      | $583249.31     | 0.00%             | 2022-07-25      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                  | SLM Student Loan Trust 2008-4                                                   | CUSIP: 78445AAE6<br>LEI: 549300EQOYJZL2D96G46 | Long             | ABS-O            | CORP              | US        |    8849000 | PA      | $9289230.67    | 0.03%             | 2073-04-25      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                  | SLM Student Loan Trust 2008-6                                                   | CUSIP: 78445CAE2<br>LEI: 549300JQFJDGC1WO7674 | Long             | ABS-O            | CORP              | US        |   31424000 | PA      | $32411147.25   | 0.10%             | 2083-07-26      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                  | SLM Student Loan Trust 2008-7                                                   | CUSIP: 78445FAE5<br>LEI: 54930067BGNOZYMNWK87 | Long             | ABS-O            | CORP              | US        |   17206000 | PA      | $17124077.07   | 0.06%             | 2083-07-26      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                  | SLM Student Loan Trust 2012-1                                                   | CUSIP: 78446WAC1<br>LEI: 5493000NQN5E3MSIIG77 | Long             | ABS-O            | CORP              | US        |     282991 | PA      | $280179.40     | 0.00%             | 2028-09-25      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                  | SLM Student Loan Trust 2012-2                                                   | CUSIP: 78446YAA1<br>LEI: 5493000NQN5E3MSIIG77 | Long             | ABS-O            | CORP              | US        |    6478844 | PA      | $6374162.44    | 0.02%             | 2029-01-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                                                  | SLM Student Loan Trust 2012-7                                                   | CUSIP: 78447KAC6<br>LEI: 5493000NQN5E3MSIIG77 | Long             | ABS-O            | CORP              | US        |   11126359 | PA      | $10789499.19   | 0.03%             | 2026-05-26      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| SMBC AVIATION CAPITAL FI                                                | SMBC Aviation Capital Finance DAC                                               | CUSIP: 78448TAL6<br>LEI: 549300OD7VKRVNWB2J98 | Long             | DBT              | CORP              | IE        |     500000 | PA      | $514105.00     | 0.00%             | 2029-04-03      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| SMBC AVIATION CAPITAL FI                                                | SMBC Aviation Capital Finance DAC                                               | CUSIP: 78448TAN2<br>LEI: 549300OD7VKRVNWB2J98 | Long             | DBT              | CORP              | IE        |    4410000 | PA      | $4515046.20    | 0.01%             | 2030-04-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc                                                          | Sabre GLBL Inc 2021 Term Loan B2                                                | CUSIP: 78571YBF6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |     387742 | PA      | $380632.26     | 0.00%             | 2027-12-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc                                                          | Sabre GLBL Inc 2021 Term Loan B1                                                | CUSIP: 78571YBG4<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |     578987 | PA      | $568371.75     | 0.00%             | 2027-12-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc                                                          | Sabre GLBL Inc 2024 Term Loan B1                                                | CUSIP: 78571YBK5<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    1045285 | PA      | $930303.21     | 0.00%             | 2029-11-15      | Floating      | 9.82%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing and Securitization                         | Credit-Based Asset Servicing and Securitization LLC                             | CUSIP: 79549ARU5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |       2246 | PA      | $2191.90       | 0.00%             | 2033-01-25      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                | Santander UK Group Holdings PLC                                                 | CUSIP: 80281LAG0<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    2200000 | PA      | $2186712.00    | 0.01%             | 2028-11-03      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                | Santander UK Group Holdings PLC                                                 | CUSIP: 80281LAR6<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |   15466000 | PA      | $15202150.04   | 0.05%             | 2028-01-11      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| Saxon Asset Securities Trust                                            | Saxon Asset Securities Trust 2007-2                                             | CUSIP: 80556YAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     135609 | PA      | $101064.39     | 0.00%             | 2047-05-25      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| Mativ Holdings Inc                                                      | Mativ Holdings Inc Delayed Draw Term Loan A                                     | CUSIP: 80854EAJ7<br>LEI: 549300Z1FU4IDULG1R21 | Long             | LON              | CORP              | US        |    3121848 | PA      | $3090629.26    | 0.01%             | 2027-05-06      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| SCRIPPS ESCROW II INC                                                   | Scripps Escrow II Inc                                                           | CUSIP: 81105DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1773000 | PA      | $1631443.68    | 0.01%             | 2029-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing and Securitization                         | Securitized Asset Backed Receivables LLC Trust 2006-CB1                         | CUSIP: 81375WHH2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | ABS-O            | CORP              | US        |    4920627 | PA      | $4248653.32    | 0.01%             | 2036-01-25      | Variable      | 2.80%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing and Securitization                         | Securitized Asset Backed Receivables LLC Trust 2006-CB5                         | CUSIP: 81376WAC9<br>LEI: 213800LBQA1Y9L22JB70 | Long             | ABS-O            | CORP              | US        |     165375 | PA      | $113982.08     | 0.00%             | 2036-06-25      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| Securitized Asset Backed Receivables LLC Trust                          | Securitized Asset Backed Receivables LLC Trust 2007-NC1                         | CUSIP: 81378AAC5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | ABS-O            | CORP              | US        |   23085989 | PA      | $11491538.21   | 0.04%             | 2036-12-25      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| Securitized Asset Backed Receivables LLC Trust                          | Securitized Asset Backed Receivables LLC Trust 2007-NC2                         | CUSIP: 81378GAC2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | ABS-O            | CORP              | US        |   11570365 | PA      | $10145804.21   | 0.03%             | 2037-01-25      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| Securitized Asset Backed Receivables LLC Trust                          | Securitized Asset Backed Receivables LLC Trust 2007-BR1                         | CUSIP: 81378KAB5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | ABS-O            | CORP              | US        |    4800097 | PA      | $1955965.31    | 0.01%             | 2037-02-25      | Floating      | 4.07%                 | No            |                  2 | On Loan: No      |
| Securitized Asset Backed Receivables LLC Trust                          | Securitized Asset Backed Receivables LLC Trust 2007-BR1                         | CUSIP: 81378KAC3<br>LEI: 213800LBQA1Y9L22JB70 | Long             | ABS-O            | CORP              | US        |   23761984 | PA      | $9682483.23    | 0.03%             | 2037-02-25      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| Securitized Asset Backed Receivables LLC Trust                          | Securitized Asset Backed Receivables LLC Trust 2007-BR2                         | CUSIP: 81378PAB4<br>LEI: 213800LBQA1Y9L22JB70 | Long             | ABS-O            | CORP              | US        |   30749738 | PA      | $13763229.32   | 0.04%             | 2037-02-25      | Floating      | 4.31%                 | No            |                  2 | On Loan: No      |
| Securitized Asset Backed Receivables LLC Trust                          | Securitized Asset Backed Receivables LLC Trust 2007-BR5                         | CUSIP: 81379EAA0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | ABS-O            | CORP              | US        |    9421141 | PA      | $7397030.79    | 0.02%             | 2037-05-25      | Floating      | 4.11%                 | No            |                  2 | On Loan: No      |
| Securitized Asset Backed Receivables LLC Trust                          | Securitized Asset Backed Receivables LLC Trust 2007-BR5                         | CUSIP: 81379EAC6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | ABS-O            | CORP              | US        |    7105343 | PA      | $5578121.58    | 0.02%             | 2037-05-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                                                  | Sequoia Mortgage Trust 2003-8                                                   | CUSIP: 81743PDX1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |        232 | PA      | $226.69        | 0.00%             | 2034-01-20      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                                                  | Sequoia Mortgage Trust 2004-4                                                   | CUSIP: 81744FBF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      33950 | PA      | $32256.81      | 0.00%             | 2034-05-20      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| DCP RIGHTS, LLC                                                         | SHOW Trust 2022-BIZ                                                             | CUSIP: 82539LAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   68000000 | PA      | $44252636.08   | 0.14%             | 2027-01-15      | Floating      | 6.76%                 | No            |                  2 | On Loan: No      |
| Showtime Acquisition LLC                                                | Showtime Acquisition LLC 2024 1st Lien Term Loan                                | CUSIP: 82540EAC8<br>LEI: 54930002EOYTEFEJFW69 | Long             | LON              | CORP              | US        |    5757798 | PA      | $5721811.34    | 0.02%             | 2031-08-16      | Floating      | 8.63%                 | No            |                  2 | On Loan: No      |
| SKYLINE CL A TR 2020 1                                                  | SKYLINE CL A TR 2020 1                                                          | CUSIP: 83084RAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   23082448 | PA      | $21828147.70   | 0.07%             | 2038-07-03      | Fixed         | 3.23%                 | No            |                  3 | On Loan: No      |
| SMITHFIELD FOODS INC                                                    | Smithfield Foods Inc                                                            | CUSIP: 832248AZ1<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |   24855000 | PA      | $24802058.85   | 0.08%             | 2027-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SMITHFIELD FOODS INC                                                    | Smithfield Foods Inc                                                            | CUSIP: 832248BC1<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |    8890000 | PA      | $8195779.90    | 0.03%             | 2030-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SMITHFIELD FOODS INC                                                    | Smithfield Foods Inc                                                            | CUSIP: 832248BD9<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |   14435000 | PA      | $12809330.30   | 0.04%             | 2031-09-13      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| TTF Holdings LLC                                                        | TTF Holdings LLC 2024 Term Loan                                                 | CUSIP: 83421EAB2<br>LEI: 254900IIAWXPGAIX2Q35 | Long             | LON              | CORP              | US        |    6509758 | PA      | $5305452.36    | 0.02%             | 2031-07-18      | Floating      | 7.79%                 | No            |                  2 | On Loan: No      |
| Soundview Home Equity Loan Trust                                        | Soundview Home Loan Trust 2005-OPT1                                             | CUSIP: 83611MDH8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      47451 | PA      | $47403.76      | 0.00%             | 2035-06-25      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa Government International Bonds                 | Republic of South Africa Government International Bonds                         | CUSIP: 836205AY0<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    4438000 | PA      | $4594173.22    | 0.01%             | 2030-06-22      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa Government International Bonds                 | Republic of South Africa Government International Bonds                         | CUSIP: 836205BC7<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    8499000 | PA      | $8755499.82    | 0.03%             | 2032-04-20      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| South Field LLC                                                         | South Field LLC 2025 1st Lien Term Loan C                                       | CUSIP: 83783XAF3<br>LEI: 549300M3RBW5ZIH20760 | Long             | LON              | CORP              | US        |     138243 | PA      | $139366.72     | 0.00%             | 2031-08-29      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| South Field LLC                                                         | South Field LLC 2025 1st Lien Term Loan B                                       | CUSIP: 83783XAG1<br>LEI: 549300M3RBW5ZIH20760 | Long             | LON              | CORP              | US        |    2294001 | PA      | $2312640.23    | 0.01%             | 2031-08-29      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                             | Southern Co/The                                                                 | CUSIP: 842587DJ3<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |   65307000 | PA      | $64490009.43   | 0.21%             | 2051-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                                                 | Southern Co Gas Capital Corp                                                    | CUSIP: 8426EPAC2<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |      50000 | PA      | $41778.00      | 0.00%             | 2047-05-30      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELEC POWER                                                 | Southwestern Electric Power Co                                                  | CUSIP: 845437BP6<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |   26488000 | PA      | $26256494.88   | 0.08%             | 2026-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELEC POWER                                                 | Southwestern Electric Power Co                                                  | CUSIP: 845437BQ4<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |   17395000 | PA      | $12995282.65   | 0.04%             | 2048-02-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELEC POWER                                                 | Southwestern Electric Power Co                                                  | CUSIP: 845437BU5<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |   29341000 | PA      | $30156092.98   | 0.10%             | 2033-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| SPECTRUM BRANDS INC                                                     | Spectrum Brands Inc                                                             | CUSIP: 84762LAX3<br>LEI: 549300VU3EH2E73C1Q04 | Long             | DBT              | CORP              | US        |    4976000 | PA      | $4070268.48    | 0.01%             | 2031-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SPRINT SPECTRUM / SPEC I                                                | Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC | CUSIP: 85208NAE0<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | US        |  135492750 | PA      | $136439844.78  | 0.44%             | 2028-03-20      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| SREIT Trust                                                             | SREIT Trust 2021-PALM                                                           | CUSIP: 85237AAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   40000000 | PA      | $40070784.00   | 0.13%             | 2034-10-15      | Floating      | 7.48%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                                          | Starbucks Corp                                                                  | CUSIP: 855244BL2<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |   27035000 | PA      | $27620307.75   | 0.09%             | 2030-05-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Suntrust Adjustable Rate Mortgage Loan Trust                            | STARM Mortgage Loan Trust 2007-3                                                | CUSIP: 85554NAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     962531 | PA      | $440633.91     | 0.00%             | 2037-06-25      | Variable      | 6.57%                 | No            |                  2 | On Loan: No      |
| Station Casinos LLC                                                     | Station Casinos LLC 2024 Term Loan B                                            | CUSIP: 85769EBB6<br>LEI: 5493004E7Q60TX54WL62 | Long             | LON              | CORP              | US        |    1835474 | PA      | $1843540.74    | 0.01%             | 2031-03-14      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| Structured Asset Securities Corporation                                 | Structured Asset Securities Corp Trust 2005-5                                   | CUSIP: 863576AH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     659997 | PA      | $624106.94     | 0.00%             | 2035-04-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Structured Adjustable Rate Mortgage Loan Trust                          | Structured Adjustable Rate Mortgage Loan Trust                                  | CUSIP: 863579AN8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     894282 | PA      | $873205.13     | 0.00%             | 2034-09-25      | Variable      | 4.83%                 | No            |                  2 | On Loan: No      |
| Structured Adjustable Rate Mortgage Loan Trust                          | Structured Adjustable Rate Mortgage Loan Trust                                  | CUSIP: 863579CB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      13990 | PA      | $13384.42      | 0.00%             | 2034-10-25      | Variable      | 5.23%                 | No            |                  2 | On Loan: No      |
| Structured Adjustable Rate Mortgage Loan Trust                          | Structured Adjustable Rate Mortgage Loan Trust                                  | CUSIP: 863579CC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1570977 | PA      | $1546873.91    | 0.00%             | 2034-10-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| Structured Adjustable Rate Mortgage Loan Trust                          | Structured Adjustable Rate Mortgage Loan Trust                                  | CUSIP: 863579DE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     885707 | PA      | $858487.52     | 0.00%             | 2034-10-25      | Variable      | 5.96%                 | No            |                  2 | On Loan: No      |
| Structured Adjustable Rate Mortgage Loan Trust                          | Structured Adjustable Rate Mortgage Loan Trust                                  | CUSIP: 863579DQ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      18459 | PA      | $16479.49      | 0.00%             | 2034-11-25      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| Structured Adjustable Rate Mortgage Loan Trust                          | Structured Adjustable Rate Mortgage Loan Trust Series 2004-20                   | CUSIP: 863579GZ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     178515 | PA      | $172135.34     | 0.00%             | 2035-01-25      | Variable      | 4.71%                 | No            |                  2 | On Loan: No      |
| Structured Adjustable Rate Mortgage Loan Trust                          | Structured Adjustable Rate Mortgage Loan Trust Series 2005-12                   | CUSIP: 863579SU3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     181682 | PA      | $153172.50     | 0.00%             | 2035-06-25      | Variable      | 4.77%                 | No            |                  2 | On Loan: No      |
| Structured Adjustable Rate Mortgage Loan Trust                          | Structured Adjustable Rate Mortgage Loan Trust Series 2005-18                   | CUSIP: 863579XP8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8553259 | PA      | $4744702.29    | 0.02%             | 2035-09-25      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| Structured Asset Securities Corporation                                 | Structured Asset Securities Corp Mortgage Pass-Through Ctfs Ser 2003 26A        | CUSIP: 86359AS95<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      45834 | PA      | $44421.55      | 0.00%             | 2033-09-25      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| Structured Adjustable Rate Mortgage Loan Trust                          | Structured Adjustable Rate Mortgage Loan Trust                                  | CUSIP: 86359BGD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       2607 | PA      | $2561.75       | 0.00%             | 2034-02-25      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| Lehman XS Trust                                                         | Lehman XS Trust Series 2005-5N                                                  | CUSIP: 86359DUR6<br>LEI: 549300FDK6ZP3YIHRJ47 | Long             | ABS-MBS          | CORP              | US        |     123776 | PA      | $123911.52     | 0.00%             | 2035-11-25      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| Structured Asset Mortgage Investments Inc                               | Structured Asset Mortgage Investments II Trust 2005-AR8                         | CUSIP: 86359LRW1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     187566 | PA      | $160752.99     | 0.00%             | 2036-02-25      | Floating      | 4.41%                 | No            |                  2 | On Loan: No      |
| Structured Asset Mortgage Investments Inc                               | Structured Asset Mortgage Investments II Trust 2005-AR8                         | CUSIP: 86359LRZ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6050513 | PA      | $5230636.09    | 0.02%             | 2036-02-25      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Structured Asset Mortgage Investments Inc                               | Structured Asset Mortgage Investments II Trust 2006-AR7                         | CUSIP: 86361HAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8053534 | PA      | $6782312.38    | 0.02%             | 2036-08-25      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| Structured Asset Mortgage Investments Inc                               | Structured Asset Mortgage Investments II Trust 2006-AR8                         | CUSIP: 86361XAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6792284 | PA      | $6172276.37    | 0.02%             | 2036-10-25      | Floating      | 3.97%                 | No            |                  2 | On Loan: No      |
| Structured Adjustable Rate Mortgage Loan Trust                          | Structured Adjustable Rate Mortgage Loan Trust Series 2006-12                   | CUSIP: 86362RAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   11364068 | PA      | $11249065.49   | 0.04%             | 2037-01-25      | Floating      | 4.17%                 | No            |                  2 | On Loan: No      |
| Structured Asset Mortgage Investments Inc                               | Structured Asset Mortgage Investments II Trust 2007-AR6                         | CUSIP: 86364RAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   67009136 | PA      | $57938317.29   | 0.19%             | 2047-08-25      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| SUBURBAN PROPANE PARTNRS                                                | Suburban Propane Partners LP/Suburban Energy Finance Corp                       | CUSIP: 864486AM7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9890000 | PA      | $9897318.60    | 0.03%             | 2035-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                               | Sunoco LP                                                                       | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   18486000 | PA      | $18977912.46   | 0.06%             | 2030-09-18      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Surf Holdings LLC                                                       | Surf Holdings LLC 2025 Incremental Term Loan                                    | CUSIP: 86875TAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    6590574 | PA      | $6602733.11    | 0.02%             | 2027-03-05      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd                                                        | Symphony CLO XX Ltd                                                             | CUSIP: 87166VAW8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   22538535 | PA      | $22544778.13   | 0.07%             | 2032-01-16      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| Star Parent Inc                                                         | Star Parent Inc Term Loan B                                                     | CUSIP: 87169DAB1<br>LEI: 254900GRGCJYRMDRWT73 | Long             | LON              | CORP              | US        |    1119081 | PA      | $1121660.52    | 0.00%             | 2030-09-27      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| TCP Sunbelt Acquisition Co                                              | TCP Sunbelt Acquisition Co 2024 Term Loan B                                     | CUSIP: 87233DAB3<br>LEI: 549300P5GYKSLPTV1Y23 | Long             | LON              | CORP              | US        |    4940100 | PA      | $4998788.39    | 0.02%             | 2031-10-24      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| TCW Central Cash Fund                                                   | TCW Central Cash Fund                                                           | CUSIP: 872365671<br>LEI: 2549003KPNUIFJCJM366 | Long             | EC               | RF                | US        | 3536701839 | NS      | $3536701839.29 | 11.39%            |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE USA INC                                                        | T-Mobile USA Inc                                                                | CUSIP: 87264ADF9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     450000 | PA      | $460584.00     | 0.00%             | 2034-04-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                        | T-Mobile USA Inc                                                                | CUSIP: 87264ADM4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   47915000 | PA      | $47126319.10   | 0.15%             | 2035-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                        | T-Mobile USA Inc                                                                | CUSIP: 87264ADS1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   19635000 | PA      | $20222479.20   | 0.07%             | 2032-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| TACALA LLC                                                              | Tacala LLC 2025 Repriced Term Loan B                                            | CUSIP: 87339PAE3<br>LEI: 549300XTM341KBSTDI88 | Long             | LON              | CORP              | US        |    6559468 | PA      | $6612763.19    | 0.02%             | 2031-01-31      | Floating      | 6.72%                 | No            |                  2 | On Loan: No      |
| TCW Private Asset Income Fund                                           | TCW Private Asset Income Fund                                                   | CUSIP: 87807Y206<br>LEI: 254900JOZ7KOHWZ5ZD02 | Long             | EC               | RF                | US        |   20284607 | NS      | $202846068.17  | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| TEACHERS INSUR & ANNUITY                                                | Teachers Insurance & Annuity Association of America                             | CUSIP: 878091BF3<br>LEI: O06XD7BJ4EPXNABVFN69 | Long             | DBT              | CORP              | US        |    3496000 | PA      | $2889409.04    | 0.01%             | 2047-05-15      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| TEACHERS INSUR & ANNUITY                                                | Teachers Insurance & Annuity Association of America                             | CUSIP: 878091BG1<br>LEI: O06XD7BJ4EPXNABVFN69 | Long             | DBT              | CORP              | US        |    1135000 | PA      | $781742.60     | 0.00%             | 2050-05-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Company LLC                                           | Vistra Operations Company LLC 1st Lien Term Loan B3                             | CUSIP: 88233FAK6<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | LON              | CORP              | US        |    7765347 | PA      | $7813919.56    | 0.03%             | 2030-12-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Thornburg Mortgage Securities Trust                                     | Thornburg Mortgage Securities Trust 2004-4                                      | CUSIP: 885220GD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      48618 | PA      | $46797.14      | 0.00%             | 2044-12-25      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| TIME WARNER CABLE LLC                                                   | Time Warner Cable LLC                                                           | CUSIP: 88732JAY4<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |    2016000 | PA      | $1869114.24    | 0.01%             | 2040-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TIME WARNER CABLE LLC                                                   | Time Warner Cable LLC                                                           | CUSIP: 88732JBB3<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |    6812000 | PA      | $5986453.72    | 0.02%             | 2041-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TIME WARNER CABLE LLC                                                   | Time Warner Cable LLC                                                           | CUSIP: 88732JBD9<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |   27580000 | PA      | $21285140.80   | 0.07%             | 2042-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                                                   | TransCanada PipeLines Ltd                                                       | CUSIP: 89352HAB5<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |    2878000 | PA      | $3011193.84    | 0.01%             | 2036-03-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                           | TransDigm Inc 2023 Term Loan J                                                  | CUSIP: 89364MCA0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    2324775 | PA      | $2336131.56    | 0.01%             | 2031-02-28      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                           | TransDigm Inc 2025 Term Loan M                                                  | CUSIP: 89364MCE2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    5596819 | PA      | $5626454.24    | 0.02%             | 2032-08-19      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                           | TransDigm Inc 2025 Term Loan K                                                  | CUSIP: 89364MCF9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    2280734 | PA      | $2289903.00    | 0.01%             | 2030-03-22      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INTERNTNL LTD                                                | Transocean International Ltd                                                    | CUSIP: 893830BX6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |    2617500 | PA      | $2735706.30    | 0.01%             | 2030-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Trestles CLO LTD                                                        | Trestles CLO VIII Ltd                                                           | CUSIP: 89533DAC4<br>LEI: 2549002BMO2L1UMJWE02 | Long             | ABS-CBDO         | CORP              | KY        |   20000000 | PA      | $20047540.00   | 0.06%             | 2035-06-11      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| TripAdvisor Inc                                                         | TripAdvisor Inc Term Loan                                                       | CUSIP: 89677NAE4<br>LEI: 549300XVG45PT5BART17 | Long             | LON              | CORP              | US        |    3373693 | PA      | $3266156.58    | 0.01%             | 2031-07-08      | Floating      | 6.47%                 | No            |                  2 | On Loan: No      |
| Primo Brands Corporation                                                | Primo Brands Corporation 2025 Term Loan B                                       | CUSIP: 89678QAD8<br>LEI: 254900J0WS4AXV2LAX55 | Long             | LON              | CORP              | US        |     917790 | PA      | $921465.34     | 0.00%             | 2028-03-31      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| X Corp.                                                                 | X Corp Term Loan                                                                | CUSIP: 90184NAG3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    4315237 | PA      | $4248976.54    | 0.01%             | 2029-10-26      | Floating      | 10.45%                | No            |                  2 | On Loan: No      |
| X Corp.                                                                 | X Corp 2025 Fixed Term Loan                                                     | CUSIP: 90184NAK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    3208792 | PA      | $3203625.44    | 0.01%             | 2029-10-26      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                                   | Uber Technologies Inc                                                           | CUSIP: 90353TAN0<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    1944000 | PA      | $1955586.24    | 0.01%             | 2030-01-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2018-1 AA PTT                                                | United Airlines 2018-1 Class AA Pass Through Trust                              | CUSIP: 909318AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   22722062 | PA      | $21981550.18   | 0.07%             | 2030-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2023-1 A PTT                                                 | United Airlines 2023-1 Class A Pass Through Trust                               | CUSIP: 90932LAJ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   21339846 | PA      | $22293096.95   | 0.07%             | 2036-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| United Auto Credit Securitization Trust                                 | United Auto Credit Securitization Trust 2022-2                                  | CUSIP: 90944KAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      33600 | PA      | $2.12          | 0.00%             | 2029-04-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                   | Mexico Government International Bonds                                           | CUSIP: 91087BAK6<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    1884000 | PA      | $1837540.56    | 0.01%             | 2032-04-27      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                   | Mexico Government International Bonds                                           | CUSIP: 91087BAR1<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   11840000 | PA      | $10250480.00   | 0.03%             | 2034-02-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                   | Mexico Government International Bonds                                           | CUSIP: 91087BAT7<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    6734000 | PA      | $6475414.40    | 0.02%             | 2033-05-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                   | Mexico Government International Bonds                                           | CUSIP: 91087BAV2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    7168000 | PA      | $7515719.68    | 0.02%             | 2035-02-09      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                                                   | Mexico Government International Bond                                            | CUSIP: 91087BBL3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   13699000 | PA      | $13524337.75   | 0.04%             | 2035-09-22      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| United Natural Foods Inc                                                | United Natural Foods Inc 2024 Term Loan                                         | CUSIP: 91116KAD7<br>LEI: 549300GKGW6WPZ282D40 | Long             | LON              | CORP              | US        |    6279584 | PA      | $6332960.53    | 0.02%             | 2031-05-01      | Floating      | 8.47%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                              | US Bancorp                                                                      | CUSIP: 91159HJK7<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |      70000 | PA      | $70891.80      | 0.00%             | 2029-02-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                              | US Bancorp                                                                      | CUSIP: 91159HJR2<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    2715000 | PA      | $2870298.00    | 0.01%             | 2035-01-23      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                  | U.S. Treasury Bonds                                                             | CUSIP: 912810UP1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 1090141000 | PA      | $1052582241.31 | 3.39%             | 2055-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                  | U.S. Treasury Bonds                                                             | CUSIP: 912810UQ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  929715000 | PA      | $909740658.95  | 2.93%             | 2045-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                  | U.S. Treasury Notes                                                             | CUSIP: 91282CPJ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  878123000 | PA      | $866254623.22  | 2.79%             | 2035-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                  | U.S. Treasury Notes                                                             | CUSIP: 91282CPN5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  785083000 | PA      | $777446843.10  | 2.50%             | 2030-11-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                  | U.S. Treasury Notes                                                             | CUSIP: 91282CPQ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 1042855000 | PA      | $1038862825.92 | 3.34%             | 2032-12-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                  | U.S. Treasury Notes                                                             | CUSIP: 91282CPR6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 2305505000 | PA      | $2294968127.44 | 7.39%             | 2030-12-31      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                  | UnitedHealth Group Inc                                                          | CUSIP: 91324PFJ6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    5000000 | PA      | $5128550.00    | 0.02%             | 2034-07-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                  | UnitedHealth Group Inc                                                          | CUSIP: 91324PFL1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |   33090000 | PA      | $32527800.90   | 0.10%             | 2054-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue   | UNIV OF CALIFORNIA CA RGTS MED CENTER POOLED REVENUE                            | CUSIP: 913366KB5<br>LEI: RRR42I7GG51DB5HDQR14 | Long             | DBT              | MUN               | US        |   17955000 | PA      | $11775050.60   | 0.04%             | 2050-05-15      | Fixed         | 3.01%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue   | UNIV OF CALIFORNIA CA RGTS MED CENTER POOLED REVENUE                            | CUSIP: 913366KC3<br>LEI: RRR42I7GG51DB5HDQR14 | Long             | DBT              | MUN               | US        |    8325000 | PA      | $5390162.78    | 0.02%             | 2060-05-15      | Fixed         | 3.26%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL HEALTH SVCS                                                   | Universal Health Services Inc                                                   | CUSIP: 913903AZ3<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |   45000000 | PA      | $44288550.00   | 0.14%             | 2026-09-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| University of California                                                | UNIV OF CALIFORNIA REVENUES                                                     | CUSIP: 91412GXE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    6615000 | PA      | $6050978.64    | 0.02%             | 2045-05-15      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| VT TOPCO INC                                                            | VT Topco Inc                                                                    | CUSIP: 91838PAA9<br>LEI: 5493007T812R37X02Y38 | Long             | DBT              | CORP              | US        |    4607000 | PA      | $4812656.48    | 0.02%             | 2030-08-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                                   | Venture Global Plaquemines LNG LLC                                              | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    8185000 | PA      | $8385205.10    | 0.03%             | 2036-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                                   | Venture Global Plaquemines LNG LLC                                              | CUSIP: 922966AE6<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    6296000 | PA      | $6413672.24    | 0.02%             | 2030-12-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                                   | Venture Global Plaquemines LNG LLC                                              | CUSIP: 922966AF3<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    1574000 | PA      | $1611587.12    | 0.01%             | 2034-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                  | Venture Global LNG Inc                                                          | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   12080000 | PA      | $12487337.60   | 0.04%             | 2032-02-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                  | Venture Global LNG Inc                                                          | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   17445000 | PA      | $13830570.45   | 0.04%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                                  | VICI Properties LP / VICI Note Co Inc                                           | CUSIP: 92564RAE5<br>LEI: N/A                  | Long             | DBT              |  | US        |    3627000 | PA      | $3522687.48    | 0.01%             | 2030-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                                  | VICI Properties LP / VICI Note Co Inc                                           | CUSIP: 92564RAK1<br>LEI: N/A                  | Long             | DBT              |  | US        |    2727000 | PA      | $2732890.32    | 0.01%             | 2028-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                                  | VICI Properties LP / VICI Note Co Inc                                           | CUSIP: 92564RAL9<br>LEI: N/A                  | Long             | DBT              |  | US        |    6903000 | PA      | $6775225.47    | 0.02%             | 2029-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN                                                | Virgin Media Secured Finance PLC                                                | CUSIP: 92769XAP0<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |     740000 | PA      | $729462.40     | 0.00%             | 2029-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN                                                        | Vmed O2 UK Financing I PLC                                                      | CUSIP: 92858RAB6<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    4240000 | PA      | $3920855.20    | 0.01%             | 2031-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                                                | Volkswagen Group of America Finance LLC                                         | CUSIP: 928668CR1<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    4800000 | PA      | $4985520.00    | 0.02%             | 2032-03-25      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                                                | Volkswagen Group of America Finance LLC                                         | CUSIP: 928668CS9<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    6475000 | PA      | $6713733.25    | 0.02%             | 2035-03-27      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                                                            | Voya CLO 2019-4 Ltd                                                             | CUSIP: 92918BAS2<br>LEI: 254900MS3D9HONB0N824 | Long             | ABS-CBDO         | CORP              | KY        |   17500000 | PA      | $17518882.50   | 0.06%             | 2035-01-15      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| VOYAGER PARENT LLC                                                      | Voyager Parent LLC                                                              | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |    3468000 | PA      | $3683397.48    | 0.01%             | 2032-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Voyager Parent LLC                                                      | Voyager Parent LLC Term Loan B                                                  | CUSIP: 92921HAC9<br>LEI: 2549002DYVI4ACSV4V71 | Long             | LON              | CORP              | US        |    6357599 | PA      | $6370123.60    | 0.02%             | 2032-07-01      | Floating      | 8.42%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                 | WaMu Mortgage Pass-Through Certificates Series 2003-AR6 Trust                   | CUSIP: 9292274D5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     672523 | PA      | $662353.25     | 0.00%             | 2033-06-25      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                 | WaMu Mortgage Pass-Through Certificates Series 2005-AR14 Trust                  | CUSIP: 92922F4F2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     852256 | PA      | $791904.52     | 0.00%             | 2035-12-25      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                 | WaMu Mortgage Pass-Through Certificates Series 2005-AR13 Trust                  | CUSIP: 92922F4M7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1415304 | PA      | $1377679.16    | 0.00%             | 2045-10-25      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                 | WaMu Mortgage Pass-Through Certificates Series 2005-AR15 Trust                  | CUSIP: 92922F5T1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10946362 | PA      | $10367604.23   | 0.03%             | 2045-11-25      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                 | WaMu Mortgage Pass-Through Certificates Series 2005-AR17 Trust                  | CUSIP: 92922F7P7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4958472 | PA      | $4617284.89    | 0.01%             | 2045-12-25      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                 | WaMu Mortgage Pass-Through Certificates Series 2005-AR2 Trust                   | CUSIP: 92922FD21<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     228006 | PA      | $229071.24     | 0.00%             | 2045-01-25      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                 | WaMu Mortgage Pass-Through Certificates Series 2005-AR2 Trust                   | CUSIP: 92922FD47<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      19390 | PA      | $19474.50      | 0.00%             | 2045-01-25      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                 | WaMu Mortgage Pass-Through Certificates Series 2005-AR2 Trust                   | CUSIP: 92922FD62<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     809647 | PA      | $813907.58     | 0.00%             | 2045-01-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                 | WaMu Mortgage Pass-Through Certificates Series 2005-AR6 Trust                   | CUSIP: 92922FJ25<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      39229 | PA      | $38230.43      | 0.00%             | 2045-04-25      | Floating      | 4.31%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                 | WaMu Mortgage Pass-Through Certificates Series 2004-AR3 Trust                   | CUSIP: 92922FNJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       9982 | PA      | $9556.10       | 0.00%             | 2034-06-25      | Variable      | 5.36%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                 | WaMu Mortgage Pass-Through Certificates Series 2005-AR8                         | CUSIP: 92922FR67<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      48344 | PA      | $47188.35      | 0.00%             | 2045-07-25      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                 | WaMu Mortgage Pass-Through Certificates Series 2005-AR19 Trust                  | CUSIP: 92925CBB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4204252 | PA      | $4191312.08    | 0.01%             | 2045-12-25      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                 | WaMu Mortgage Pass-Through Certificates Series 2006-AR3 Trust                   | CUSIP: 92925CDA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6816091 | PA      | $6321800.50    | 0.02%             | 2046-02-25      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                 | WaMu Mortgage Pass-Through Certificates Series 2006-AR16 Trust                  | CUSIP: 92925GAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     289491 | PA      | $260826.38     | 0.00%             | 2036-12-25      | Variable      | 4.14%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                 | WaMu Mortgage Pass-Through Certificates Series 2007-OA1 Trust                   | CUSIP: 92926WAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6300321 | PA      | $5905510.57    | 0.02%             | 2047-02-25      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| Boost Newco Borrower LLC                                                | Boost Newco Borrower LLC 2025 USD Term Loan B2                                  | CUSIP: 92943EAG1<br>LEI: 254900S8RE1OL7TTCU64 | Long             | LON              | CORP              | US        |    4195208 | PA      | $4207017.36    | 0.01%             | 2031-01-31      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| WEC US Holdings Ltd                                                     | WEC US Holdings Ltd 2024 Term Loan                                              | CUSIP: 92943LAC4<br>LEI: 5493002M6GRSU1IWMG57 | Long             | LON              | CORP              | US        |    3205396 | PA      | $3214435.13    | 0.01%             | 2031-01-27      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| Wachovia Mortgage Loan Trust, LLC                                       | Wachovia Mortgage Loan Trust Series 2006-AMN1                                   | CUSIP: 92978EAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   13981128 | PA      | $4637891.02    | 0.01%             | 2036-08-25      | Floating      | 1.77%                 | No            |                  2 | On Loan: No      |
| Wachovia Mortgage Loan Trust, LLC                                       | Wachovia Mortgage Loan Trust Series 2006-ALT1                                   | CUSIP: 92978GAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8762273 | PA      | $3036918.83    | 0.01%             | 2037-01-25      | Floating      | 4.31%                 | No            |                  2 | On Loan: No      |
| WAMU Asset-Backed Certificates                                          | WaMu Asset-Backed Certificates WaMu Series 2007-HE1 Trust                       | CUSIP: 933631AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2636521 | PA      | $1204079.69    | 0.00%             | 2037-01-25      | Floating      | 4.07%                 | No            |                  2 | On Loan: No      |
| WAMU Asset-Backed Certificates                                          | WaMu Asset-Backed Certificates WaMu Series 2007-HE1 Trust                       | CUSIP: 933631AE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8169872 | PA      | $3730514.82    | 0.01%             | 2037-01-25      | Floating      | 4.31%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                 | WaMu Mortgage Pass-Through Certificates Series 2006-AR7 Trust                   | CUSIP: 93363CAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3718686 | PA      | $3585853.77    | 0.01%             | 2046-07-25      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                 | WaMu Mortgage Pass-Through Certificates Series 2006-AR10 Trust                  | CUSIP: 93363EAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5221254 | PA      | $4576572.31    | 0.01%             | 2036-09-25      | Variable      | 4.47%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                 | WaMu Mortgage Pass-Through Certificates Series 2007-HY7 Trust                   | CUSIP: 93364FAM3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     117568 | PA      | $107308.49     | 0.00%             | 2037-07-25      | Variable      | 4.65%                 | No            |                  2 | On Loan: No      |
| Washington Mutual MSC Mortgage Pass-Through CTFS                        | Washington Mutual MSC Mortgage Pass-Through Certificates Series 2002-AR1 Trust  | CUSIP: 939335N68<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       9848 | PA      | $9888.59       | 0.00%             | 2030-11-25      | Variable      | 6.28%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pass-Through CTFS                            | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2005-3 Trust  | CUSIP: 9393365G4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     914673 | PA      | $737078.87     | 0.00%             | 2035-05-25      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pass-Through CTFS                            | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2005-4 Trust  | CUSIP: 9393366H1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1942133 | PA      | $1702390.07    | 0.01%             | 2035-06-25      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                 | WaMu Mortgage Pass-Through Certificates Series 2005-AR1 Trust                   | CUSIP: 939336X40<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     236938 | PA      | $232364.89     | 0.00%             | 2045-01-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                 | WaMu Mortgage Pass-Through Certificates Series 2006-AR4 Trust                   | CUSIP: 93934FPN6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2340322 | PA      | $2138432.11    | 0.01%             | 2046-05-25      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| Element Materials Technology Group US Holdings Inc                      | Element Materials Technology Group US Holdings Inc 2022 USD Term Loan           | CUSIP: 000000000<br>LEI: 213800EGOJGGUKUGEZ30 | Long             | LON              | CORP              | US        |     784195 | PA      | $792037.15     | 0.00%             | 2029-07-06      | Floating      | 7.35%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Mortgage Backed Securities Trust                            | Wells Fargo Mortgage Backed Securities 2006-AR1 Trust                           | CUSIP: 94983JAA0<br>LEI: 549300EZH20KSD9JD814 | Long             | ABS-MBS          | CORP              | US        |     918891 | PA      | $927211.08     | 0.00%             | 2036-03-25      | Variable      | 6.51%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Alternative Loan Trust                                      | Wells Fargo Alternative Loan 2007-PA5 Trust                                     | CUSIP: 949922AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      57492 | PA      | $49598.57      | 0.00%             | 2037-11-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                   | Wells Fargo & Co                                                                | CUSIP: 95000U2G7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   69972000 | PA      | $66625938.96   | 0.21%             | 2030-10-30      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                   | Wells Fargo & Co                                                                | CUSIP: 95000U2S1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   61030000 | PA      | $59653773.50   | 0.19%             | 2028-06-02      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                   | Wells Fargo & Co                                                                | CUSIP: 95000U2U6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |       2000 | PA      | $1867.68       | 0.00%             | 2033-03-02      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                   | Wells Fargo & Co                                                                | CUSIP: 95000U3B7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |       3000 | PA      | $3048.96       | 0.00%             | 2033-07-25      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                   | Wells Fargo & Co                                                                | CUSIP: 95000U3E1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   14844000 | PA      | $15369180.72   | 0.05%             | 2029-07-25      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| PROJECT COLT                                                            | PROJECT COLT                                                                    | CUSIP: 000000000<br>LEI: 2138001HZNOLT1K3WY73 | Long             | ABS-MBS          | CORP              | US        |   82621583 | PA      | $82927282.44   | 0.27%             | 2027-03-10      | Variable      | 7.05%                 | No            |                  2 | On Loan: No      |
| NCFA LLC LOAN PARTICIPATION 1                                           | NCFA LLC LOAN PARTICIPATION 1                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   12321417 | PA      | $12321417.30   | 0.04%             | 2028-06-12      | Fixed         | 2.75%                 | No            |                  3 | On Loan: No      |
| Xerox Holdings Corp                                                     | Xerox Holdings Corp 2023 Term Loan B                                            | CUSIP: 98415LAY2<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | LON              | CORP              | US        |   10900981 | PA      | $9361217.19    | 0.03%             | 2029-11-19      | Floating      | 7.73%                 | No            |                  2 | On Loan: No      |
| YEOMAN CAP S A                                                          | YEOMAN CAP S A                                                                  | CUSIP: 985923101<br>LEI: 549300ORV6YW6ESSNQ21 | Long             | EC               | CORP              | LU        |    1815919 | NS      | $13619392.50   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Zayo Group Holdings Inc                                                 | Zayo Group Holdings Inc 2025 USD Term Loan                                      | CUSIP: 98919XAH4<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | LON              | CORP              | US        |    2683546 | PA      | $2554252.63    | 0.01%             | 2030-03-11      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| QAZAQGAZ NC JSC                                                         | QazaqGaz NC JSC                                                                 | CUSIP: 000000000<br>LEI: 635400YGLXBBSVHONW39 | Long             | DBT              | CORP              | KZ        |    5091000 | PA      | $5076745.20    | 0.02%             | 2027-09-26      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| WORLDLINE SA/FRANCE                                                     | Worldline SA/France                                                             | CUSIP: 000000000<br>LEI: 549300CJMQNCA0U4TS33 | Long             | DBT              | CORP              | FR        |   14470667 | PA      | $16609294.43   | 0.05%             | 2026-07-30      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| PACIFIC NATIONAL FINANCE                                                | Pacific National Finance Pty Ltd                                                | CUSIP: 000000000<br>LEI: 213800SSTRDXLWWVF948 | Long             | DBT              | CORP              | AU        |   26170000 | PA      | $16043999.75   | 0.05%             | 2029-09-24      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| LEG IMMOBILIEN SE                                                       | LEG Immobilien SE                                                               | CUSIP: 000000000<br>LEI: 391200SO40AKONBO0Z96 | Long             | DBT              | CORP              | DE        |   18600000 | PA      | $17796505.30   | 0.06%             | 2034-11-28      | Fixed         | 1.63%                 | Yes           |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                                                | Electricite de France SA                                                        | CUSIP: 000000000<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |   50000000 | PA      | $34714996.09   | 0.11%             | 2049-12-09      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| VIRGIN MEDIA VENDOR FIN                                                 | Virgin Media Vendor Financing Notes III DAC                                     | CUSIP: 000000000<br>LEI: 635400SSKC2QCGEPIQ43 | Long             | DBT              | CORP              | IE        |   19815000 | PA      | $26008241.93   | 0.08%             | 2028-07-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| TREASURY CORP VICTORIA                                                  | Treasury Corp of Victoria                                                       | CUSIP: 000000000<br>LEI: 549300ZJM7BQW1P9UV75 | Long             | DBT              | NUSS              | AU        |   41635000 | PA      | $19042973.00   | 0.06%             | 2037-11-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AURIZON NETWORK PTY LTD                                                 | Aurizon Network Pty Ltd                                                         | CUSIP: 000000000<br>LEI: 549300FNL9A7DVZKZ444 | Long             | DBT              | CORP              | AU        |   17130000 | PA      | $10119186.40   | 0.03%             | 2030-09-02      | Fixed         | 2.90%                 | Yes           |                  2 | On Loan: No      |
| GLOBAL SWITCH FINANCE                                                   | Global Switch Finance BV                                                        | CUSIP: 000000000<br>LEI: 635400GVJAKOJNEUMF33 | Long             | DBT              | CORP              | NL        |   63777000 | PA      | $70354076.62   | 0.23%             | 2030-10-07      | Fixed         | 1.38%                 | Yes           |                  2 | On Loan: No      |
| KAZMUNAYGAS NATIONAL CO                                                 | KazMunayGas National Co JSC                                                     | CUSIP: 000000000<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |   12735000 | PA      | $11505945.15   | 0.04%             | 2033-04-14      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| LEG IMMOBILIEN SE                                                       | LEG Immobilien SE                                                               | CUSIP: 000000000<br>LEI: 391200SO40AKONBO0Z96 | Long             | DBT              | CORP              | DE        |    8100000 | PA      | $7701003.69    | 0.02%             | 2033-03-30      | Fixed         | 0.88%                 | Yes           |                  2 | On Loan: No      |
| DWR CYMRU FINANCING UK                                                  | DWR Cymru Financing UK PLC                                                      | CUSIP: 000000000<br>LEI: 213800GDOFO2ED5PNC85 | Long             | DBT              | CORP              | GB        |    5242000 | PA      | $5372389.52    | 0.02%             | 2034-03-31      | Fixed         | 2.38%                 | Yes           |                  2 | On Loan: No      |
| BLACKSTONE PP EUR HOLD                                                  | Blackstone Property Partners Europe Holdings Sarl                               | CUSIP: 000000000<br>LEI: 213800Y3B5GQFBGVHP79 | Long             | DBT              | CORP              | LU        |   13936000 | PA      | $15654844.58   | 0.05%             | 2028-05-04      | Fixed         | 1.00%                 | Yes           |                  2 | On Loan: No      |
| GRIFOLS SA                                                              | Grifols SA                                                                      | CUSIP: 000000000<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |    3995000 | PA      | $4644447.55    | 0.01%             | 2028-10-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| LEG IMMOBILIEN SE                                                       | LEG Immobilien SE                                                               | CUSIP: 000000000<br>LEI: 391200SO40AKONBO0Z96 | Long             | DBT              | CORP              | DE        |    2800000 | PA      | $2706666.89    | 0.01%             | 2034-01-17      | Fixed         | 1.50%                 | Yes           |                  2 | On Loan: No      |
| FABBRICA ITA SINTETICI                                                  | FIS Fabbrica Italiana Sintetici SpA                                             | CUSIP: 000000000<br>LEI: 8156004D7056C63EC525 | Long             | DBT              | CORP              | IT        |    5100000 | PA      | $6009224.13    | 0.02%             | 2027-08-01      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| SUEZ                                                                    | Suez SACA                                                                       | CUSIP: 000000000<br>LEI: 5493007LKZ37MXEN5D79 | Long             | DBT              | CORP              | FR        |    8500000 | PA      | $9263566.67    | 0.03%             | 2034-05-24      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| Heathrow Funding Ltd.                                                   | Heathrow Funding Ltd.                                                           | CUSIP: 000000000<br>LEI: 7TI96JO3DYEIQWZ7Z726 | Long             | DBT              | CORP              | JE        |   12080000 | PA      | $14940143.89   | 0.05%             | 2033-07-11      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| VOLKSWAGEN INTL FIN NV                                                  | Volkswagen International Finance NV                                             | CUSIP: 000000000<br>LEI: 5299004PWNHKYTR23649 | Long             | DBT              | CORP              | NL        |   12500000 | PA      | $16929851.24   | 0.05%             | 2032-09-06      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| SARTORIUS FINANCE BV                                                    | Sartorius Finance BV                                                            | CUSIP: 000000000<br>LEI: 529900JCAKTMRXK9EA58 | Long             | DBT              | CORP              | NL        |    2000000 | PA      | $2460755.74    | 0.01%             | 2032-09-14      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| SARTORIUS FINANCE BV                                                    | Sartorius Finance BV                                                            | CUSIP: 000000000<br>LEI: 529900JCAKTMRXK9EA58 | Long             | DBT              | CORP              | NL        |   11400000 | PA      | $14192863.57   | 0.05%             | 2035-09-14      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| DAVIDE CAMPARI-MILANO SP                                                | Davide Campari-Milano NV                                                        | CUSIP: 000000000<br>LEI: 213800ED5AN2J56N6Z02 | Long             | DBT              | CORP              | NL        |   14300000 | PA      | $16372257.36   | 0.05%             | 2029-01-17      | Fixed         | 2.38%                 | Yes           |                  2 | On Loan: No      |
| MVM ENERGETIKA ZRT                                                      | MVM Energetika Zrt                                                              | CUSIP: 000000000<br>LEI: 529900ELI5AQ9F74PF85 | Long             | DBT              | CORP              | HU        |    2988000 | PA      | $3158047.08    | 0.01%             | 2031-03-13      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| NEW S WALES TREASURY CRP                                                | New South Wales Treasury Corp                                                   | CUSIP: 000000000<br>LEI: TC7LRO17HPNPLTAV0H77 | Long             | DBT              | NUSS              | AU        |   44360000 | PA      | $27830827.67   | 0.09%             | 2037-02-20      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| CBRE OPEN-ENDED FUNDS                                                   | CBRE Open-Ended Funds SCA SICAV-SIF                                             | CUSIP: 000000000<br>LEI: 529900J5H3JGJ83AUZ88 | Long             | DBT              | CORP              | LU        |    2765000 | PA      | $3385043.61    | 0.01%             | 2034-03-27      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| FLUTTER TREASURY DAC                                                    | Flutter Treasury DAC                                                            | CUSIP: 000000000<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |    2320000 | PA      | $2813714.76    | 0.01%             | 2029-04-29      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RTE RESEAU DE TRANSPORT                                                 | RTE Reseau de Transport d'Electricite SADIR                                     | CUSIP: 000000000<br>LEI: 969500JRJW0K2ET1UP76 | Long             | DBT              | CORP              | FR        |    4800000 | PA      | $5225835.09    | 0.02%             | 2044-04-30      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| GRIFOLS SA                                                              | Grifols SA                                                                      | CUSIP: 000000000<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |    5820000 | PA      | $7186704.99    | 0.02%             | 2030-05-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| WP CAREY INC                                                            | WP Carey Inc                                                                    | CUSIP: 000000000<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              |  | US        |    3655000 | PA      | $4406499.82    | 0.01%             | 2032-07-23      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AMPRION GMBH                                                            | Amprion GmbH                                                                    | CUSIP: 000000000<br>LEI: 529900ZIV0ETYHYZM863 | Long             | DBT              | CORP              | DE        |    3800000 | PA      | $4218433.71    | 0.01%             | 2044-05-21      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Vantage Data Centers Jersey Borrower SPV Limited                        | Vantage Data Centers Jersey Borrower Spv Ltd                                    | CUSIP: 000000000<br>LEI: 213800S5S638C9IBQ379 | Long             | ABS-O            | CORP              | JE        |   12435000 | PA      | $17144402.90   | 0.06%             | 2039-05-28      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| AMCOR UK FINANCE PLC                                                    | Amcor UK Finance PLC                                                            | CUSIP: 000000000<br>LEI: 549300DEUV6BE727FP17 | Long             | DBT              | CORP              | GB        |    4570000 | PA      | $5443453.73    | 0.02%             | 2032-05-29      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ELIA GROUP SA/NV                                                        | Elia Group SA/NV                                                                | CUSIP: 000000000<br>LEI: 549300S1MP1NFDIKT460 | Long             | DBT              | CORP              | BE        |   10200000 | PA      | $12193706.82   | 0.04%             | 2031-06-11      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| QUEENSLAND TREASURY CORP                                                | Queensland Treasury Corp                                                        | CUSIP: 000000000<br>LEI: 98INKCEEHOU5YJS0HQ88 | Long             | DBT              | NUSS              | AU        |   44360000 | PA      | $28152082.31   | 0.09%             | 2037-07-21      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| YORKSHIRE WATER FINANCE                                                 | Yorkshire Water Finance PLC                                                     | CUSIP: 000000000<br>LEI: 213800O8BDOGHJMTCP32 | Long             | DBT              | CORP              | GB        |   11442000 | PA      | $15929479.18   | 0.05%             | 2034-11-18      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Romania Government International Bonds                                  | Romania Government International Bonds                                          | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |   21718000 | PA      | $21519931.84   | 0.07%             | 2035-03-24      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| EQUINIX EU 2 FINANCING C                                                | Equinix Europe 2 Financing Corp LLC                                             | CUSIP: 000000000<br>LEI: 254900FSZR46BPMCKI50 | Long             | DBT              |  | US        |   20680000 | PA      | $23528405.50   | 0.08%             | 2034-11-22      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| HEATHROW FUNDING LTD                                                    | Heathrow Funding Ltd                                                            | CUSIP: 000000000<br>LEI: 7TI96JO3DYEIQWZ7Z726 | Long             | DBT              | CORP              | JE        |    9465000 | PA      | $10987560.16   | 0.04%             | 2036-01-16      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| NEW S WALES TREASURY CRP                                                | New South Wales Treasury Corp                                                   | CUSIP: 000000000<br>LEI: TC7LRO17HPNPLTAV0H77 | Long             | DBT              | NUSS              | AU        |   47195000 | PA      | $30632934.71   | 0.10%             | 2038-02-24      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| GALDERMA FINANCE EUROPE                                                 | Galderma Finance Europe BV                                                      | CUSIP: 000000000<br>LEI: 7245004RN4I1ORSTHY93 | Long             | DBT              | CORP              | NL        |    6035000 | PA      | $7186116.88    | 0.02%             | 2030-03-20      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| EUROFINS SCIENTIFIC SE                                                  | Eurofins Scientific SE                                                          | CUSIP: 000000000<br>LEI: 529900JEHFM47DYY3S57 | Long             | DBT              | CORP              | LU        |     100000 | PA      | $123489.95     | 0.00%             | 2032-01-04      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ROBERT BOSCH FINANCE                                                    | Robert Bosch Finance LLC                                                        | CUSIP: 000000000<br>LEI: 549300VQST07EL5DYC58 | Long             | DBT              | CORP              | US        |     100000 | PA      | $117207.81     | 0.00%             | 2031-05-28      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| FLUTTER TREASURY DAC                                                    | Flutter Treasury DAC                                                            | CUSIP: 000000000<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |    3000000 | PA      | $4078809.15    | 0.01%             | 2031-06-04      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: No      |
| WERFEN SA/SPAIN                                                         | Werfen SA/Spain                                                                 | CUSIP: 000000000<br>LEI: 9598003BHZ02SG7LKD16 | Long             | DBT              | CORP              | ES        |    2800000 | PA      | $3274288.22    | 0.01%             | 2032-02-12      | Fixed         | 3.63%                 | Yes           |                  2 | On Loan: No      |
| VOLKSWAGEN FIN SERV AUST                                                | Volkswagen Financial Services Australia Pty Ltd                                 | CUSIP: 000000000<br>LEI: 529900VBZRQG6COX9X61 | Long             | DBT              | CORP              | AU        |    6200000 | PA      | $4087749.44    | 0.01%             | 2029-06-13      | Fixed         | 5.11%                 | Yes           |                  2 | On Loan: No      |
| ROMANIA                                                                 | Romanian Government International Bond                                          | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |   23276000 | PA      | $24284781.84   | 0.08%             | 2036-05-16      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| YORKSHIRE WATER FINANCE                                                 | Yorkshire Water Finance PLC                                                     | CUSIP: 000000000<br>LEI: 213800O8BDOGHJMTCP32 | Long             | DBT              | CORP              | GB        |   10000000 | PA      | $13694219.11   | 0.04%             | 2033-07-22      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| DYNO NOBEL LTD                                                          | Dyno Nobel Ltd                                                                  | CUSIP: 000000000<br>LEI: 254900UW2F3BKV6Z9V18 | Long             | DBT              | CORP              | AU        |   13480000 | PA      | $8816993.73    | 0.03%             | 2035-08-08      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| QUEENSLAND TREASURY CORP                                                | Queensland Treasury Corp                                                        | CUSIP: 000000000<br>LEI: 98INKCEEHOU5YJS0HQ88 | Long             | DBT              | NUSS              | AU        |   66320000 | PA      | $42589137.82   | 0.14%             | 2038-08-13      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                                                | Electricite de France SA                                                        | CUSIP: 000000000<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    9200000 | PA      | $5971826.93    | 0.02%             | 2035-08-28      | Fixed         | 5.64%                 | Yes           |                  2 | On Loan: No      |
| VONOVIA SE                                                              | Vonovia SE                                                                      | CUSIP: 000000000<br>LEI: 5299005A2ZEP6AP7KM81 | Long             | DBT              | CORP              | DE        |   13800000 | PA      | $8870040.30    | 0.03%             | 2035-09-03      | Fixed         | 5.72%                 | Yes           |                  2 | On Loan: No      |
| SOUTH WEST WATER FIN PLC                                                | South West Water Finance PLC                                                    | CUSIP: 000000000<br>LEI: 213800OV68U446W4NV89 | Long             | DBT              | CORP              | GB        |   17935000 | PA      | $24312592.76   | 0.08%             | 2031-09-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| WESTERN AUST TREAS CORP                                                 | Western Australian Treasury Corp                                                | CUSIP: 000000000<br>LEI: 213800FKHP5ME5Y3CF47 | Long             | DBT              | NUSS              | AU        |   55745000 | PA      | $35816337.59   | 0.12%             | 2037-10-21      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| VEOLIA ENVIRONNEMENT SA                                                 | Veolia Environnement SA                                                         | CUSIP: 000000000<br>LEI: 969500LENY69X51OOT31 | Long             | DBT              | CORP              | FR        |   17000000 | PA      | $19896777.54   | 0.06%             | 2032-10-24      | Fixed         | 4.32%                 | Yes           |                  2 | On Loan: No      |
| VOLKSWAGEN BANK GMBH                                                    | Volkswagen Bank GmbH                                                            | CUSIP: 000000000<br>LEI: 529900GJD3OQLRZCKW37 | Long             | DBT              | CORP              | DE        |   10000000 | PA      | $11635986.10   | 0.04%             | 2032-10-02      | Fixed         | 3.63%                 | Yes           |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                                                | Electricite de France SA                                                        | CUSIP: 000000000<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |   14200000 | PA      | $16524934.76   | 0.05%             | 2031-01-06      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Providus CLO                                                            | Providus CLO V DAC                                                              | CUSIP: 000000000<br>LEI: 6354008C72YCMAEWD258 | Long             | ABS-CBDO         | CORP              | IE        |    8500000 | PA      | $10000249.57   | 0.03%             | 2039-11-15      | Floating      | 3.88%                 | No            |                  2 | On Loan: No      |
| E.ON SE                                                                 | E.ON SE                                                                         | CUSIP: 000000000<br>LEI: Q9MAIUP40P25UFBFG033 | Long             | DBT              | CORP              | DE        |   13750000 | PA      | $8898785.87    | 0.03%             | 2035-10-21      | Fixed         | 5.46%                 | Yes           |                  2 | On Loan: No      |
| BRITISH AMERICAN TOBACCO                                                | British American Tobacco PLC                                                    | CUSIP: 000000000<br>LEI: 213800FKA5MF17RJKT63 | Long             | DBT              | CORP              | GB        |     800000 | PA      | $950215.04     | 0.00%             | 2033-07-30      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| ALPHABET INC                                                            | Alphabet Inc                                                                    | CUSIP: 000000000<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |     860000 | PA      | $978373.20     | 0.00%             | 2038-11-06      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SMITHS GROUP PLC                                                        | Smiths Group PLC                                                                | CUSIP: 000000000<br>LEI: 213800MJL6IPZS3ASA11 | Long             | DBT              | CORP              | GB        |   20925000 | PA      | $24123927.73   | 0.08%             | 2033-11-13      | Fixed         | 3.63%                 | Yes           |                  2 | On Loan: No      |
| AMCOR UK FINANCE PLC                                                    | Amcor UK Finance PLC                                                            | CUSIP: 000000000<br>LEI: 549300DEUV6BE727FP17 | Long             | DBT              | CORP              | GB        |    9595000 | PA      | $11156277.03   | 0.04%             | 2033-02-20      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NSW ELECTRICITY NETWORKS                                                | NSW Electricity Networks Finance Pty Ltd                                        | CUSIP: 000000000<br>LEI: 5493009VPYKFFK7UXM97 | Long             | DBT              | CORP              | AU        |    7430000 | PA      | $4881463.84    | 0.02%             | 2055-11-20      | Fixed         | 6.30%                 | Yes           |                  2 | On Loan: No      |
| ENBW INTL FINANCE BV                                                    | EnBW International Finance BV                                                   | CUSIP: 000000000<br>LEI: 724500CNCIO1ZTJ0X675 | Long             | DBT              | CORP              | NL        |    7540000 | PA      | $4931810.87    | 0.02%             | 2036-02-26      | Fixed         | 5.79%                 | Yes           |                  2 | On Loan: No      |
| VOLKSWAGEN BANK GMBH                                                    | Volkswagen Bank GmbH                                                            | CUSIP: 000000000<br>LEI: 529900GJD3OQLRZCKW37 | Long             | DBT              | CORP              | DE        |    8000000 | PA      | $9340546.03    | 0.03%             | 2032-12-10      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| AUSGRID FINANCE PTY LTD                                                 | Ausgrid Finance Pty Ltd                                                         | CUSIP: 000000000<br>LEI: 549300DN8D7YR73BKB57 | Long             | DBT              | CORP              | AU        |    4370000 | PA      | $2905857.61    | 0.01%             | 2035-12-10      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| BIFFA GROUP HOLDINGS LTD                                                | Biffa Group Holdings Ltd                                                        | CUSIP: 000000000<br>LEI: 21380012LWLXNMXB8I44 | Long             | DBT              | CORP              | JE        |     200000 | PA      | $271643.53     | 0.00%             | 2031-06-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Eurex Deutschland                                                       | EURO-BOBL FUTURE MAR26                                                          | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |        -22 | NC      | $12372.81      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurex Deutschland                                                       | EURO-SCHATZ FUT MAR26                                                           | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |        203 | NC      | $-30184.20     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Eurex Deutschland                                                       | EURO-BUND FUTURE MAR26                                                          | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |      -1664 | NC      | $1776177.50    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurex Deutschland                                                       | EURO-BUXL 30Y BND MAR26                                                         | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |       -353 | NC      | $685188.45     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                                  | US LONG BOND(CBT) MAR26                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       1047 | NC      | $-574452.26    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                                  | US ULTRA BOND CBT MAR26                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       8359 | NC      | $-15655006.89  | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                                  | US 5YR NOTE (CBT) MAR26                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      12459 | NC      | $-659403.58    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                                  | US 2YR NOTE (CBT) MAR26                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      29209 | NC      | $3172323.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                                  | US 10YR ULTRA FUT MAR26                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        278 | NC      | $82039.19      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures Europe - Financial Products Division                        | LONG GILT FUTURE MAR26                                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | GB        |       -331 | NC      | $-304527.02    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| ASX Clear (Futures)                                                     | AUST 10Y BOND FUT MAR26                                                         | CUSIP: 000000000<br>LEI: 549300ZD7BBOVZFVHK49 | N/A              | DIR              |  | AU        |      -3862 | NC      | $128588.43     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ASX Clear (Futures)                                                     | AUST 3YR BOND FUT MAR26                                                         | CUSIP: 000000000<br>LEI: 549300ZD7BBOVZFVHK49 | N/A              | DIR              |  | AU        |       -652 | NC      | $62552.67      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America NA                                                      | BDL2CYPL3 FWDP 5Y RTP SWAPTION                                                  | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              |  | US        |  655513000 | NC      | $2359.85       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                                | BDL2CY9J6 FWDP 2Y RTP SWAPTION                                                  | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              |  | US        | 1568682000 | NC      | $12863.19      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                                | BDL2CXX51 FWDP 2Y RTP SWAPTION                                                  | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              |  | US        | 1568682000 | NC      | $627.47        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                                | BDL2CXRV1 FWDP 2Y RTP SWAPTION                                                  | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              |  | US        | 1568682000 | NC      | $72473.11      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                                  | BDL2CYFH3 FWDP 5Y RTP SWAPTION                                                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              |  | US        |  655513000 | NC      | $33234.51      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                                  | BDL2CYFJ9 FWDP 5Y RTP SWAPTION                                                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              |  | US        |  655513000 | NC      | $133003.59     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Upfield BV                                                              | Upfield BV 2025 USD Term Loan B12                                               | CUSIP: 000000000<br>LEI: 254900U4MHW4MZWGFU47 | Long             | LON              | CORP              | US        |     649102 | PA      | $629495.79     | 0.00%             | 2027-12-31      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| DK Crown Holdings Inc                                                   | DK Crown Holdings Inc 2025 Term Loan B                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    3243888 | PA      | $3249094.65    | 0.01%             | 2032-03-04      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| EagleView Technology Corporation                                        | EagleView Technology Corporation 2025 Term Loan                                 | CUSIP: 000000000<br>LEI: 549300HLIL8HO4PPLG50 | Long             | LON              | CORP              | US        |    7268511 | PA      | $7015275.84    | 0.02%             | 2028-08-14      | Floating      | 9.17%                 | No            |                  2 | On Loan: No      |
| Cleanova US Holdings LLC                                                | Cleanova US Holdings LLC 2025 Term Loan B                                       | CUSIP: 000000000<br>LEI: 254900Q8HEK85N92G859 | Long             | LON              | CORP              | US        |    2115791 | PA      | $2126370.25    | 0.01%             | 2032-06-14      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| GVC Holdings (Gibraltar) Limited                                        | GVC Holdings (Gibraltar) Limited 2025 Term Loan B6 (2029)                       | CUSIP: 000000000<br>LEI: 213800ATWJIEYQ8NF838 | Long             | LON              | CORP              | GI        |    2402401 | PA      | $2391338.35    | 0.01%             | 2029-10-31      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| C&S Wholesale Grocers Inc                                               | C&S Wholesale Grocers Inc Term Loan B                                           | CUSIP: 000000000<br>LEI: 54930093F8X1FEZBGJ91 | Long             | LON              | CORP              | US        |    6714299 | PA      | $6580012.74    | 0.02%             | 2030-09-20      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| Modivcare Inc.                                                          | Modivcare Inc 2025 DIP Term Loan                                                | CUSIP: 000000000<br>LEI: 549300EFZIFW7F7I0Q28 | Long             | LON              | CORP              | US        |    2860582 | PA      | $2831976.46    | 0.01%             | 2026-02-22      | Floating      | 10.73%                | No            |                  2 | On Loan: No      |
| Modivcare Inc.                                                          | Modivcare Inc 2025 DIP Delayed Draw Term Loan                                   | CUSIP: 000000000<br>LEI: 549300EFZIFW7F7I0Q28 | Long             | LON              | CORP              | US        |    1524110 | PA      | $1508868.73    | 0.00%             | 2026-02-22      | Floating      | 10.82%                | No            |                  2 | On Loan: No      |
| BRADYPLUS HOLDINGS LLC                                                  | BRADYPLUS HOLDINGS LLC 2025 TERM LOAN B                                         | CUSIP: 000000000<br>LEI: 254900LMURL5G873DV35 | Long             | LON              | CORP              | US        |   10487586 | PA      | $10393616.85   | 0.03%             | 2030-12-11      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| SONARSOURCE FINANCING LLC                                               | SONARSOURCE FINANCING LLC TERM LOAN                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    3714917 | PA      | $3677767.94    | 0.01%             | 2030-12-19      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| TENNET NET BV                                                           | Tennet Netherlands BV                                                           | CUSIP: 000000000<br>LEI: 724500N24X9VLIRO3K10 | Long             | DBT              | CORP              | NL        |   14082000 | PA      | $17776362.16   | 0.06%             | 2042-10-28      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| VONOVIA SE                                                              | Vonovia SE                                                                      | CUSIP: 000000000<br>LEI: 5299005A2ZEP6AP7KM81 | Long             | DBT              | CORP              | DE        |     700000 | PA      | $887473.55     | 0.00%             | 2030-11-23      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Balcan Innovations Inc                                                  | Balcan Innovations Inc Term Loan B                                              | CUSIP: 000000000<br>LEI: 549300C2CLNRVCUDIH93 | Long             | LON              | CORP              | CA        |    3551279 | PA      | $2841023.42    | 0.01%             | 2031-10-18      | Floating      | 8.59%                 | No            |                  2 | On Loan: No      |
| Bausch & Lomb Corporation                                               | Bausch & Lomb Corporation 2023 Incremental Term Loan                            | CUSIP: 000000000<br>LEI: 549300NY6OZM39SO6475 | Long             | LON              | CORP              | CA        |    1808863 | PA      | $1813385.25    | 0.01%             | 2028-09-29      | Floating      | 7.72%                 | No            |                  2 | On Loan: No      |
| 1011778 BC Unlimited Liability Company                                  | 1011778 BC Unlimited Liability Company 2024 Term Loan B6                        | CUSIP: 000000000<br>LEI: 549300RHSHNRWI5LLA86 | Long             | LON              | CORP              | CA        |    2931393 | PA      | $2938721.35    | 0.01%             | 2030-09-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Delivery Hero SE                                                        | Delivery Hero SE 2024 USD Term Loan B                                           | CUSIP: 000000000<br>LEI: 529900KR9IO53KSCSQ67 | Long             | LON              | CORP              | US        |    8077123 | PA      | $8120901.10    | 0.03%             | 2029-12-12      | Floating      | 8.84%                 | No            |                  2 | On Loan: No      |
| Opal Bidco SAS                                                          | Opal Bidco SAS USD Term Loan B4                                                 | CUSIP: 000000000<br>LEI: 969500R96XT7XY2UJ564 | Long             | LON              | CORP              | US        |    3232718 | PA      | $3256963.17    | 0.01%             | 2032-04-28      | Floating      | 6.69%                 | No            |                  2 | On Loan: No      |
| Howden Group Holdings Ltd                                               | Howden Group Holdings Ltd 2025 USD Term Loan B                                  | CUSIP: 000000000<br>LEI: 213800R6D9EVRN5D3117 | Long             | LON              | CORP              | LU        |    2792982 | PA      | $2803204.78    | 0.01%             | 2031-02-15      | Floating      | 6.47%                 | No            |                  2 | On Loan: No      |
| Jazz Financing Lux Sarl                                                 | Jazz Financing Lux Sarl 2024 1st Lien Term Loan B2                              | CUSIP: 000000000<br>LEI: 635400WUEO2NSG5OIU34 | Long             | LON              | CORP              | LU        |    3859712 | PA      | $3880882.67    | 0.01%             | 2028-05-05      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| Virgin Media Bristol LLC                                                | Virgin Media Bristol LLC 2023 USD Term Loan Y                                   | CUSIP: 000000000<br>LEI: 213800IQ982XX69LE276 | Long             | LON              | CORP              | US        |     802250 | PA      | $796096.74     | 0.00%             | 2031-03-31      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| Altice Financing SA                                                     | Altice Financing SA 2022 USD Term Loan                                          | CUSIP: 000000000<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | LON              | CORP              | LU        |    3090540 | PA      | $2294725.65    | 0.01%             | 2027-10-31      | Floating      | 8.90%                 | No            |                  2 | On Loan: No      |
| Oregon Tool, Inc.                                                       | Oregon Tool Inc 2025 1st Lien Term Loan                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |     369195 | PA      | $376925.52     | 0.00%             | 2029-10-15      | Floating      | 9.23%                 | No            |                  2 | On Loan: No      |
| Oregon Tool Inc                                                         | Oregon Tool Inc 2025 2nd Lien Term Loan                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |   12056791 | PA      | $8705003.40    | 0.03%             | 2029-10-15      | Floating      | 8.14%                 | No            |                  2 | On Loan: No      |
| Flutter Financing BV                                                    | Flutter Financing BV 2024 Term Loan B                                           | CUSIP: 000000000<br>LEI: 635400VFWPBIKJK6GN11 | Long             | LON              | CORP              | NL        |    4629449 | PA      | $4631370.11    | 0.01%             | 2030-11-30      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Peer Holding III BV                                                     | Peer Holding III BV 2025 USD Term Loan B5B                                      | CUSIP: 000000000<br>LEI: 7245002S0K5Q59JCVQ03 | Long             | LON              | CORP              | NL        |    3874057 | PA      | $3895441.95    | 0.01%             | 2031-07-01      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Peer Holding III BV                                                     | Peer Holding III BV 2025 USD Term Loan B                                        | CUSIP: 000000000<br>LEI: 7245002S0K5Q59JCVQ03 | Long             | LON              | CORP              | US        |    8432656 | PA      | $8459007.90    | 0.03%             | 2032-09-29      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Ziggo Financing Partnership                                             | Ziggo Financing Partnership 2025 Term Loan B                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    3568294 | PA      | $3549346.66    | 0.01%             | 2033-01-15      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                                                | Comision Federal de Electricidad                                                | CUSIP: 000000000<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |    3368000 | PA      | $3064913.68    | 0.01%             | 2031-02-09      | Fixed         | 3.35%                 | Yes           |                  2 | On Loan: No      |
| CODELCO INC                                                             | Corp Nacional del Cobre de Chile                                                | CUSIP: 000000000<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |    8908000 | PA      | $8952807.24    | 0.03%             | 2033-02-02      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                                                   | Guatemala Government Bond                                                       | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |    5853000 | PA      | $6299057.13    | 0.02%             | 2036-06-13      | Fixed         | 6.60%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                                                   | Guatemala Government Bond                                                       | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |   25291000 | PA      | $26504968.00   | 0.09%             | 2036-08-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-19

**Name of Applicant:** TCW Metropolitan West Funds

**Signature:** Richard Villa

**Name of Signer:** Richard Villa

**Title:** Treasurer