# EDGAR Filing Document

**Accession Number:** 0001959372
**File Stem:** 0000894189-26-005457
**Filing Date:** 2026-2
**Character Count:** 263335
**Document Hash:** b36572e7b435af9520c7c9244ad833de
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-005457.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0000894189-26-005457

**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:** Aristotle Funds Series Trust
- **CENTRAL INDEX KEY:** 0001959372

**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:** 811-23850
- **FILM NUMBER:** 26682887

**BUSINESS ADDRESS:**
- **STREET 1:** 11100 SANTA MONICA BLVD.
- **STREET 2:** SUITE 1700
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90025
- **BUSINESS PHONE:** (949) 219-3391

**MAIL ADDRESS:**
- **STREET 1:** 11100 SANTA MONICA BLVD.
- **STREET 2:** SUITE 1700
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90025

## Series and Classes Contracts Data

### Aristotle Core Income Fund (Series ID: S000080072)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000241710 | Class A      | PLIAX           |
| C000241711 | Class C      | PLNCX           |
| C000241712 | Class I      | PLIIX           |
| C000241713 | Class I-2    | PLIDX           |
| C000268436 | Class H      |  |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Aristotle Core Income Fund** | **Aristotle Core Income Fund** | **Aristotle Core Income Fund** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **December 31, 2025 (Unaudited)** | **December 31, 2025 (Unaudited)** | **December 31, 2025 (Unaudited)** |
| **CORPORATE BONDS - 41.1%** | **Par** | **Value**  |
| **Communications - 1.5%** | **Communications - 1.5%** | **Communications - 1.5%** |
| AT&T, Inc. | AT&T, Inc. | AT&T, Inc. |
| &nbsp;&nbsp; 3.50%, 09/15/2053 | $2965000 | $1985751 |
| &nbsp;&nbsp; 3.85%, 06/01/2060 | 4550000 | 3137226 |
|  Beignet Investor LLC, 6.58%, 05/30/2049 <sup>(a)</sup> | 10000000 | 10574086 |
| Charter Communications Operating LLC / Charter Communications Operating Capital | Charter Communications Operating LLC / Charter Communications Operating Capital | Charter Communications Operating LLC / Charter Communications Operating Capital |
| &nbsp;&nbsp; 3.50%, 06/01/2041 | 4500000 | 3204774 |
| &nbsp;&nbsp; 3.85%, 04/01/2061 | 2000000 | 1193565 |
|  Comcast Corp., 6.05%, 05/15/2055 <sup>(b)</sup> | 3525000 | 3485503 |
| T-Mobile USA, Inc. | T-Mobile USA, Inc. | T-Mobile USA, Inc. |
| &nbsp;&nbsp; 5.20%, 01/15/2033 | 3000000 | 3097317 |
| &nbsp;&nbsp; 5.05%, 07/15/2033 | 7200000 | 7349476 |
| Verizon Communications, Inc. | Verizon Communications, Inc. | Verizon Communications, Inc. |
| &nbsp;&nbsp; 5.00%, 01/15/2036 | 8250000 | 8183158 |
| &nbsp;&nbsp; 3.40%, 03/22/2041 | 4000000 | 3135942 |
| &nbsp;&nbsp; 5.88%, 11/30/2055 | 4100000 | 4053627 |
|  |  | 49400425 |
| **Consumer Discretionary - 2.5%** | **Consumer Discretionary - 2.5%** | **Consumer Discretionary - 2.5%** |
|  1011778 BC ULC / New Red Finance, Inc., 3.88%, 01/15/2028 <sup>(a)</sup> | 12000000 | 11840362 |
| Amazon.com, Inc. | Amazon.com, Inc. | Amazon.com, Inc. |
| &nbsp;&nbsp; 4.65%, 11/20/2035 | 5400000 | 5380273 |
| &nbsp;&nbsp; 5.45%, 11/20/2055 | 5650000 | 5518534 |
|  American Airlines 2015-2 Class AA Pass Through Trust, 3.60%, 09/22/2027 | 4179351 | 4141849 |
|  American Airlines 2016-2 Class AA Pass Through Trust, 3.20%, 06/15/2028 | 4583065 | 4485709 |
|  American Airlines 2019-1 Class AA Pass Through Trust, Series AA, 3.15%, 02/15/2032 | 1593962 | 1509968 |
|  American Airlines 2021-1 Class B Pass Through Trust, Series B, 3.95%, 07/11/2030 | 949000 | 916793 |
|  British Airways 2019-1 Class A Pass Through Trust, Series PTT, 3.35%, 06/15/2029 <sup>(a)</sup> | 7833387 | 7625735 |
|  British Airways 2019-1 Class AA Pass Through Trust, Series 2019-1, 3.30%, 12/15/2032 <sup>(a)</sup> | 4557424 | 4312462 |
| Ford Motor Credit Co. LLC | Ford Motor Credit Co. LLC | Ford Motor Credit Co. LLC |
| &nbsp;&nbsp; 4.54%, 08/01/2026 | 1725000 | 1723075 |
| &nbsp;&nbsp; 2.70%, 08/10/2026 | 2225000 | 2203971 |
| &nbsp;&nbsp; 4.13%, 08/17/2027 | 6100000 | 6053134 |
|  Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower, Inc., 5.00%, 06/01/2029 <sup>(a)</sup> | 2000000 | 1943976 |
|  Royal Caribbean Cruises Ltd., 5.63%, 09/30/2031 <sup>(a)</sup> | 4000000 | 4090576 |
|  United Airlines 2018-1 Class AA Pass Through Trust, Series AA, 3.50%, 03/01/2030 | 9075813 | 8782244 |
|  United Airlines 2019-1 Class AA Pass Through Trust, Series 2019-1, 4.15%, 08/25/2031 | 793074 | 780438 |
|  United Airlines 2019-2 Class A Pass Through Trust, Series A, 2.90%, 05/01/2028 | 1015397 | 973633 |
|  United Airlines 2023-1 Class A Pass Through Trust, 5.80%, 01/15/2036 | 7490824 | 7851682 |
|  |  | 80134414 |
| **Consumer Staples - 1.1%** | **Consumer Staples - 1.1%** | **Consumer Staples - 1.1%** |
|  Anheuser-Busch InBev Worldwide, Inc., 5.45%, 01/23/2039 | 5000000 | 5181798 |
| JBS USA Holding Lux Sarl/ JBS USA Food Co./ JBS Lux Co. Sarl | JBS USA Holding Lux Sarl/ JBS USA Food Co./ JBS Lux Co. Sarl | JBS USA Holding Lux Sarl/ JBS USA Food Co./ JBS Lux Co. Sarl |
| &nbsp;&nbsp; 5.75%, 04/01/2033 | 727000 | 759961 |
| &nbsp;&nbsp; 6.75%, 03/15/2034 | 7660000 | 8467557 |
|  JBS USA LUX Sarl / JBS USA Food Co. / JBS USA Foods Group, 5.95%, 04/20/2035 <sup>(a)</sup> | 7600000 | 7998913 |
|  Keurig Dr Pepper, Inc., 5.15%, 05/15/2035 <sup>(b)</sup> | 4245000 | 4255043 |
| Mars, Inc. | Mars, Inc. | Mars, Inc. |
| &nbsp;&nbsp; 5.20%, 03/01/2035 <sup>(a)</sup> | 7100000 | 7300182 |
| &nbsp;&nbsp; 5.70%, 05/01/2055 <sup>(a)</sup> | 2500000 | 2492101 |
|  |  | 36455555 |
| **Energy - 2.8%** | **Energy - 2.8%** | **Energy - 2.8%** |
|  Colonial Enterprises, Inc., 5.63%, 11/15/2035 <sup>(a)</sup> | 6000000 | 6063789 |
|  Eastern Energy Gas Holdings LLC, 5.65%, 10/15/2054 | 6100000 | 5905935 |
| Energy Transfer LP | Energy Transfer LP | Energy Transfer LP |
| &nbsp;&nbsp; 6.50% to 11/15/2026 then 5 yr. CMT Rate + 5.69%, Perpetual | 1650000 | 1664238 |
| &nbsp;&nbsp; 7.38%, 02/01/2031 <sup>(a)</sup> | 2000000 | 2077976 |
| &nbsp;&nbsp; 5.55%, 05/15/2034 | 2250000 | 2315568 |
| &nbsp;&nbsp; 5.60%, 09/01/2034 | 5700000 | 5868918 |
| &nbsp;&nbsp; 5.70%, 04/01/2035 | 4350000 | 4505125 |
| &nbsp;&nbsp; 5.00%, 05/15/2044 <sup>(c)</sup> | 4000000 | 3483093 |
| &nbsp;&nbsp; 6.50% to 02/15/2031 then 5 yr. CMT Rate + 2.68%, 02/15/2056 | 6800000 | 6780526 |
|  Gulfstream Natural Gas System LLC, 5.60%, 07/23/2035 <sup>(a)</sup> | 3250000 | 3339060 |
| MPLX LP | MPLX LP | MPLX LP |
| &nbsp;&nbsp; 5.50%, 06/01/2034 | 12000000 | 12247893 |
| &nbsp;&nbsp; 4.95%, 03/14/2052 | 1750000 | 1472080 |
| &nbsp;&nbsp; 5.65%, 03/01/2053 | 4850000 | 4508173 |
|  ONEOK, Inc., 4.95%, 10/15/2032 | 7000000 | 7034418 |
|  Plains All American Pipeline LP / PAA Finance Corp., 5.60%, 01/15/2036 | 9500000 | 9615336 |
|  Targa Resources Corp., 6.50%, 03/30/2034 | 6850000 | 7478565 |
|  Venture Global LNG, Inc., 9.00% to 09/30/2029 then 5 yr. CMT Rate + 5.44%, Perpetual <sup>(a)</sup> | 5000000 | 3952304 |
|  |  | 88312997 |
| **Financials - 23.6%** | **Financials - 23.6%** | **Financials - 23.6%** |
|  Acrisure LLC / Acrisure Finance, Inc., 6.75%, 07/01/2032 <sup>(a)</sup> | 3500000 | 3620883 |
|  AerCap Ireland Capital DAC / AerCap Global Aviation Trust, 6.50% to 01/31/2031 then 5 yr. CMT Rate + 2.44%, 01/31/2056 | 8100000 | 8386562 |
|  Agree LP, 5.60%, 06/15/2035 | 2000000 | 2100039 |
|  Allianz SE, 6.55% to 04/30/2034 then 5 yr. CMT Rate + 2.32%, Perpetual <sup>(a)(b)</sup> | 3400000 | 3543249 |
|  American International Group, Inc., 5.45%, 05/07/2035 | 9920000 | 10337496 |
|  Arthur J Gallagher & Co., 5.15%, 02/15/2035 | 4200000 | 4246668 |
|  Aspen Insurance Holdings Ltd., 5.75%, 07/01/2030 | 3378000 | 3524353 |
|  Athene Global Funding, 5.54%, 08/22/2035 <sup>(a)</sup> | 3050000 | 3061733 |
|  Athene Holding Ltd., 6.63%, 05/19/2055 | 8150000 | 8306950 |
| Atlas Warehouse Lending Co. LP | Atlas Warehouse Lending Co. LP | Atlas Warehouse Lending Co. LP |
| &nbsp;&nbsp; 6.25%, 01/15/2030 <sup>(a)</sup> | 5000000 | 5266935 |
| &nbsp;&nbsp; 4.95%, 11/15/2030 <sup>(a)</sup> | 7000000 | 7027013 |
| Aviation Capital Group LLC | Aviation Capital Group LLC | Aviation Capital Group LLC |
| &nbsp;&nbsp; 5.13%, 04/10/2030 <sup>(a)</sup> | 3500000 | 3555282 |
| &nbsp;&nbsp; 4.80%, 10/24/2030 <sup>(a)</sup> | 6800000 | 6806207 |
| Avolon Holdings Funding Ltd. | Avolon Holdings Funding Ltd. | Avolon Holdings Funding Ltd. |
| &nbsp;&nbsp; 5.38%, 05/30/2030 <sup>(a)</sup> | 5000000 | 5139110 |
| &nbsp;&nbsp; 4.90%, 10/10/2030 <sup>(a)</sup> | 5700000 | 5732718 |
| &nbsp;&nbsp; 4.95%, 10/15/2032 <sup>(a)</sup> | 6000000 | 5946763 |
| Banco Mercantil del Norte SA/Grand Cayman | Banco Mercantil del Norte SA/Grand Cayman | Banco Mercantil del Norte SA/Grand Cayman |
| &nbsp;&nbsp; 7.63% to 01/10/2028 then 10 yr. CMT Rate + 5.35%, Perpetual <sup>(a)</sup> | 1324000 | 1362845 |
| &nbsp;&nbsp; 8.38% to 10/14/2030 then 10 yr. CMT Rate + 7.76%, Perpetual <sup>(a)</sup> | 2001000 | 2129721 |
| &nbsp;&nbsp; 8.38% to 05/20/2031 then 5 yr. CMT Rate + 4.07%, Perpetual <sup>(a)</sup> | 9700000 | 10197125 |
|  Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand, 5.62%, 12/10/2029 <sup>(a)</sup> | 6400000 | 6665600 |
| Banco Santander SA | Banco Santander SA | Banco Santander SA |
| &nbsp;&nbsp; 4.55%, 11/06/2030 | 8050000 | 8060533 |
| &nbsp;&nbsp; 5.13%, 11/06/2035 | 8600000 | 8600300 |
| Bank of America Corp. | Bank of America Corp. | Bank of America Corp. |
| &nbsp;&nbsp; 5.52% to 10/25/2034 then SOFR + 1.74%, 10/25/2035 | 15000000 | 15370475 |
| &nbsp;&nbsp; 2.48% to 09/21/2031 then 5 yr. CMT Rate + 1.20%, 09/21/2036 | 10350000 | 9085821 |
| &nbsp;&nbsp; 3.85% to 03/08/2032 then 5 yr. CMT Rate + 2.00%, 03/08/2037 | 7000000 | 6593964 |
|  Bank of Nova Scotia, 7.35% to 04/27/2030 then 5 yr. CMT Rate + 2.90%, 04/27/2085 | 10000000 | 10406320 |
|  Barclays PLC, 5.79% to 02/25/2035 then SOFR + 1.59%, 02/25/2036 | 4600000 | 4816963 |
| BBVA Mexico SA Institucion de Banca Multiple Grupo Financiero BBVA Mexico | BBVA Mexico SA Institucion de Banca Multiple Grupo Financiero BBVA Mexico | BBVA Mexico SA Institucion de Banca Multiple Grupo Financiero BBVA Mexico |
| &nbsp;&nbsp; 7.63% to 02/11/2030 then 5 yr. CMT Rate + 3.38%, 02/11/2035 <sup>(a)</sup> | 1150000 | 1210375 |
| &nbsp;&nbsp; 8.13% to 01/08/2034 then 5 yr. CMT Rate + 4.21%, 01/08/2039 <sup>(a)</sup> | 7000000 | 7577416 |
| Block, Inc. | Block, Inc. | Block, Inc. |
| &nbsp;&nbsp; 2.75%, 06/01/2026 | 4000000 | 3978177 |
| &nbsp;&nbsp; 3.50%, 06/01/2031 <sup>(b)</sup> | 5000000 | 4703200 |
| BNP Paribas SA | BNP Paribas SA | BNP Paribas SA |
| &nbsp;&nbsp; 5.79% to 01/13/2032 then SOFR + 1.62%, 01/13/2033 <sup>(a)</sup> | 12000000 | 12608498 |
| &nbsp;&nbsp; 6.88% to 12/15/2033 then 5 yr. CMT Rate + 2.85%, Perpetual <sup>(a)</sup> | 6200000 | 6229493 |
| &nbsp;&nbsp; 7.45% to 06/27/2035 then 5 yr. CMT Rate + 3.13%, Perpetual <sup>(a)</sup> | 3300000 | 3454763 |
| BPCE SA | BPCE SA | BPCE SA |
| &nbsp;&nbsp; 6.29% to 01/14/2035 then SOFR + 2.04%, 01/14/2036 <sup>(a)</sup> | 6500000 | 6941227 |
| &nbsp;&nbsp; 6.03% to 05/28/2035 then SOFR + 1.96%, 05/28/2036 <sup>(a)</sup> | 6500000 | 6818928 |
| Brixmor Operating Partnership LP | Brixmor Operating Partnership LP | Brixmor Operating Partnership LP |
| &nbsp;&nbsp; 5.50%, 02/15/2034 | 2300000 | 2376523 |
| &nbsp;&nbsp; 5.75%, 02/15/2035 | 7500000 | 7883284 |
|  Broadstone Net Lease LLC, 5.00%, 11/01/2032 | 4300000 | 4317418 |
|  Brown & Brown, Inc., 5.55%, 06/23/2035 | 6050000 | 6207343 |
|  Burford Capital Global Finance LLC, 7.50%, 07/15/2033 <sup>(a)</sup> | 5150000 | 4920883 |
|  Capital One Financial Corp., 6.18% to 01/30/2035 then SOFR + 2.04%, 01/30/2036 <sup>(b)</sup> | 10600000 | 11069036 |
|  CBRE Services, Inc., 4.90%, 01/15/2033 | 2300000 | 2311892 |
| Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. |
| &nbsp;&nbsp; 6.63% to 02/15/2031 then 5 yr. CMT Rate + 3.00%, Perpetual | 2375000 | 2414619 |
| &nbsp;&nbsp; 4.95% to 05/07/2030 then SOFR + 1.46%, 05/07/2031 | 4850000 | 4955571 |
| &nbsp;&nbsp; 6.17% to 05/25/2033 then SOFR + 2.66%, 05/25/2034 | 2225000 | 2364456 |
| &nbsp;&nbsp; 6.02% to 01/24/2035 then SOFR + 1.83%, 01/24/2036 | 3400000 | 3562546 |
| &nbsp;&nbsp; 5.17% to 09/11/2035 then SOFR + 1.49%, 09/11/2036 | 4650000 | 4695507 |
| &nbsp;&nbsp; 5.41% to 09/19/2034 then 5 yr. CMT Rate + 1.73%, 09/19/2039 | 3000000 | 3023119 |
| Credit Agricole SA | Credit Agricole SA | Credit Agricole SA |
| &nbsp;&nbsp; 4.82% to 09/25/2032 then SOFR + 1.36%, 09/25/2033 <sup>(a)</sup> | 7350000 | 7343124 |
| &nbsp;&nbsp; 7.13% to 09/23/2035 then USISSO05 + 3.58%, Perpetual <sup>(a)</sup> | 6400000 | 6667853 |
| &nbsp;&nbsp; 5.86% to 01/09/2035 then SOFR + 1.74%, 01/09/2036 <sup>(a)</sup> | 4000000 | 4221689 |
|  Danske Bank AS, 4.42% to 09/12/2030 then 1 yr. CMT Rate + 0.85%, 09/12/2031 <sup>(a)</sup> | 8600000 | 8557212 |
|  Extra Space Storage LP, 5.40%, 02/01/2034 | 5800000 | 5966385 |
| Fairfax Financial Holdings Ltd. | Fairfax Financial Holdings Ltd. | Fairfax Financial Holdings Ltd. |
| &nbsp;&nbsp; 5.75%, 05/20/2035 | 3325000 | 3459948 |
| &nbsp;&nbsp; 6.50%, 05/20/2055 | 3000000 | 3174582 |
|  Fiserv, Inc., 5.15%, 08/12/2034 | 11275000 | 11191873 |
|  Global Payments, Inc., 5.55%, 11/15/2035 | 8050000 | 8004311 |
| GLP Capital LP / GLP Financing II, Inc. | GLP Capital LP / GLP Financing II, Inc. | GLP Capital LP / GLP Financing II, Inc. |
| &nbsp;&nbsp; 3.25%, 01/15/2032 | 8700000 | 7894370 |
| &nbsp;&nbsp; 5.25%, 02/15/2033 | 1500000 | 1506663 |
| &nbsp;&nbsp; 5.63%, 09/15/2034 | 10650000 | 10813780 |
| &nbsp;&nbsp; 6.25%, 09/15/2054 <sup>(b)</sup> | 3850000 | 3831580 |
| Goldman Sachs Group, Inc. | Goldman Sachs Group, Inc. | Goldman Sachs Group, Inc. |
| &nbsp;&nbsp; 5.22% to 04/23/2030 then SOFR + 1.58%, 04/23/2031 | 4900000 | 5061953 |
| &nbsp;&nbsp; 2.62% to 04/22/2031 then SOFR + 1.28%, 04/22/2032 | 7950000 | 7251627 |
| &nbsp;&nbsp; 5.85% to 04/25/2034 then SOFR + 1.55%, 04/25/2035 | 4900000 | 5211319 |
| &nbsp;&nbsp; 5.02% to 10/23/2034 then SOFR + 1.42%, 10/23/2035 | 6350000 | 6386248 |
| &nbsp;&nbsp; 5.54% to 01/28/2035 then SOFR + 1.38%, 01/28/2036 | 6050000 | 6282637 |
| &nbsp;&nbsp; 4.94% to 10/21/2035 then SOFR + 1.33%, 10/21/2036 | 7000000 | 6951721 |
|  High Street Funding Trust III, 5.81%, 02/15/2055 <sup>(a)(b)</sup> | 8050000 | 8025414 |
| Host Hotels & Resorts LP | Host Hotels & Resorts LP | Host Hotels & Resorts LP |
| &nbsp;&nbsp; 2.90%, 12/15/2031 | 3000000 | 2719515 |
| &nbsp;&nbsp; 5.70%, 07/01/2034 | 6000000 | 6216031 |
| HSBC Holdings PLC | HSBC Holdings PLC | HSBC Holdings PLC |
| &nbsp;&nbsp; 6.95% to 02/27/2032 then 5 yr. CMT Rate + 2.64%, Perpetual | 2100000 | 2188530 |
| &nbsp;&nbsp; 5.45% to 03/03/2035 then SOFR + 1.56%, 03/03/2036 | 3500000 | 3612599 |
| &nbsp;&nbsp; 5.79% to 05/13/2035 then SOFR + 1.88%, 05/13/2036 | 5000000 | 5283464 |
|  Jane Street Group / JSG Finance, Inc., 6.75%, 05/01/2033 <sup>(a)</sup> | 3225000 | 3368372 |
| JPMorgan Chase & Co. | JPMorgan Chase & Co. | JPMorgan Chase & Co. |
| &nbsp;&nbsp; 6.50% to 04/01/2030 then 5 yr. CMT Rate + 2.15%, Perpetual | 5750000 | 5979259 |
| &nbsp;&nbsp; 2.96% to 01/25/2032 then SOFR + 1.26%, 01/25/2033 | 2000000 | 1836055 |
| &nbsp;&nbsp; 6.25% to 10/23/2033 then SOFR + 1.81%, 10/23/2034 | 4000000 | 4398771 |
| &nbsp;&nbsp; 5.29% to 07/22/2034 then SOFR + 1.46%, 07/22/2035 | 10000000 | 10320356 |
| &nbsp;&nbsp; 5.50% to 01/24/2035 then SOFR + 1.32%, 01/24/2036 | 12000000 | 12548936 |
| &nbsp;&nbsp; 5.57% to 04/22/2035 then SOFR + 1.68%, 04/22/2036 | 4500000 | 4722999 |
| &nbsp;&nbsp; 5.58% to 07/23/2035 then SOFR + 1.64%, 07/23/2036 | 12025000 | 12443844 |
| &nbsp;&nbsp; 4.81% to 10/22/2035 then SOFR + 1.19%, 10/22/2036 | 4050000 | 4023060 |
| Kilroy Realty LP | Kilroy Realty LP | Kilroy Realty LP |
| &nbsp;&nbsp; 5.88%, 10/15/2035 | 4500000 | 4522854 |
| &nbsp;&nbsp; 6.25%, 01/15/2036 | 5300000 | 5481741 |
| Kite Realty Group LP | Kite Realty Group LP | Kite Realty Group LP |
| &nbsp;&nbsp; 4.95%, 12/15/2031 | 10000000 | 10179392 |
| &nbsp;&nbsp; 5.20%, 08/15/2032 | 1700000 | 1740514 |
|  Liberty Mutual Group, Inc., 4.30%, 02/01/2061 <sup>(a)</sup> | 3650000 | 2435856 |
| Lloyds Banking Group PLC | Lloyds Banking Group PLC | Lloyds Banking Group PLC |
| &nbsp;&nbsp; 6.75% to 09/27/2031 then 5 yr. CMT Rate + 3.15%, Perpetual <sup>(b)</sup> | 5900000 | 6134826 |
| &nbsp;&nbsp; 6.63% to 09/27/2035 then 5 yr. CMT Rate + 2.68%, Perpetual <sup>(b)</sup> | 6400000 | 6392729 |
| &nbsp;&nbsp; 6.07% to 06/13/2035 then 1 yr. CMT Rate + 1.60%, 06/13/2036 | 500000 | 525941 |
| LPL Holdings, Inc. | LPL Holdings, Inc. | LPL Holdings, Inc. |
| &nbsp;&nbsp; 5.15%, 06/15/2030 | 11985000 | 12228642 |
| &nbsp;&nbsp; 5.75%, 06/15/2035 | 4350000 | 4480238 |
|  Massachusetts Mutual Life Insurance Co., 5.67%, 12/01/2052 <sup>(a)</sup> | 4700000 | 4541510 |
|  MetLife, Inc., 6.35% to 03/15/2035 then 5 yr. CMT Rate + 2.08%, 03/15/2055 | 2950000 | 3112634 |
|  Mitsubishi UFJ Financial Group, Inc., 5.19% to 09/12/2035 then 1 yr. CMT Rate + 0.93%, 09/12/2036 <sup>(b)</sup> | 8350000 | 8486884 |
| Morgan Stanley | Morgan Stanley | Morgan Stanley |
| &nbsp;&nbsp; 5.83% to 04/19/2034 then SOFR + 1.58%, 04/19/2035 | 10000000 | 10630665 |
| &nbsp;&nbsp; 5.59% to 01/18/2035 then SOFR + 1.42%, 01/18/2036 | 4800000 | 5017762 |
| &nbsp;&nbsp; 5.66% to 04/17/2035 then SOFR + 1.76%, 04/17/2036 | 3900000 | 4096151 |
| &nbsp;&nbsp; 2.48% to 09/16/2031 then SOFR + 1.36%, 09/16/2036 | 14150000 | 12447654 |
| &nbsp;&nbsp; 4.89% to 10/22/2035 then SOFR + 1.31%, 10/22/2036 | 3000000 | 2974588 |
|  Nordea Bank Abp, 6.75% to 11/10/2033 then 5 yr. CMT Rate + 2.72%, Perpetual <sup>(a)</sup> | 8800000 | 9059151 |
| Northwestern Mutual Life Insurance Co. | Northwestern Mutual Life Insurance Co. | Northwestern Mutual Life Insurance Co. |
| &nbsp;&nbsp; 3.85%, 09/30/2047 <sup>(a)</sup> | 4600000 | 3578153 |
| &nbsp;&nbsp; 6.17%, 05/29/2055 <sup>(a)</sup> | 8300000 | 8816788 |
|  Peachtree Corners Funding Trust II, 6.01%, 05/15/2035 <sup>(a)</sup> | 8300000 | 8767558 |
|  Phillips Edison Grocery Center Operating Partnership I LP, 4.95%, 01/15/2035 | 9000000 | 8904800 |
|  Piedmont Operating Partnership LP, 5.63%, 01/15/2033 | 7700000 | 7782972 |
|  PNC Financial Services Group, Inc., 6.88% to 10/20/2033 then SOFR + 2.28%, 10/20/2034 | 3750000 | 4245853 |
|  Rocket Cos., Inc., 6.13%, 08/01/2030 <sup>(a)</sup> | 3325000 | 3438895 |
|  Royal Bank of Canada, 6.35% to 11/24/2034 then 5 yr. CMT Rate + 2.26%, 11/24/2084 | 6550000 | 6404676 |
|  SMBC Aviation Capital Finance DAC, 5.25%, 11/26/2035 <sup>(a)</sup> | 7400000 | 7405768 |
|  Sumitomo Mitsui Financial Group, Inc., 5.25% to 07/08/2035 then SOFR + 1.50%, 07/08/2036 | 7300000 | 7480658 |
|  Toronto-Dominion Bank, 6.35% to 10/31/2030 then 5 yr. CMT Rate + 2.72%, 10/31/2085 | 8400000 | 8549780 |
| UBS Group AG | UBS Group AG | UBS Group AG |
| &nbsp;&nbsp; 6.85% to 03/10/2030 then USISSO05 + 3.63%, Perpetual <sup>(a)</sup> | 3500000 | 3593009 |
| &nbsp;&nbsp; 7.75% to 04/12/2031 then USISSO05 + 4.16%, Perpetual <sup>(a)</sup> | 9450000 | 10227234 |
| &nbsp;&nbsp; 5.58% to 05/09/2035 then SOFR + 1.76%, 05/09/2036 <sup>(a)</sup> | 4250000 | 4420959 |
|  Ventas Realty LP, 5.00%, 02/15/2036 | 3100000 | 3081068 |
| VICI Properties LP | VICI Properties LP | VICI Properties LP |
| &nbsp;&nbsp; 5.13%, 11/15/2031 | 7000000 | 7094640 |
| &nbsp;&nbsp; 5.13%, 05/15/2032 | 2400000 | 2417384 |
|  VICI Properties LP / VICI Note Co., Inc., 4.63%, 12/01/2029 <sup>(a)</sup> | 8081000 | 8068430 |
| Wells Fargo & Co. | Wells Fargo & Co. | Wells Fargo & Co. |
| &nbsp;&nbsp; 5.39% to 04/24/2033 then SOFR + 2.02%, 04/24/2034 | 4450000 | 4631318 |
| &nbsp;&nbsp; 5.50% to 01/23/2034 then SOFR + 1.78%, 01/23/2035 | 13825000 | 14432561 |
| &nbsp;&nbsp; 5.21% to 12/03/2034 then SOFR + 1.38%, 12/03/2035 | 850000 | 868693 |
| &nbsp;&nbsp; 5.61% to 04/23/2035 then SOFR + 1.74%, 04/23/2036 | 2100000 | 2201913 |
|  Westpac Banking Corp., 5.62% to 11/20/2034 then 1 yr. CMT Rate + 1.20%, 11/20/2035 | 9700000 | 10024841 |
|  Willis North America, Inc., 5.15%, 03/15/2036 | 4000000 | 4001902 |
|  |  | 755911567 |
| **Health Care - 1.6%** | **Health Care - 1.6%** | **Health Care - 1.6%** |
| CVS Health Corp. | CVS Health Corp. | CVS Health Corp. |
| &nbsp;&nbsp; 5.45%, 09/15/2035 | 11225000 | 11494251 |
| &nbsp;&nbsp; 6.00%, 06/01/2063 | 2650000 | 2570625 |
| HCA, Inc. | HCA, Inc. | HCA, Inc. |
| &nbsp;&nbsp; 4.90%, 11/15/2035 | 3850000 | 3798897 |
| &nbsp;&nbsp; 5.70%, 11/15/2055 | 2350000 | 2241200 |
|  Laboratory Corp. of America Holdings, 4.80%, 10/01/2034 | 7000000 | 6954353 |
| UnitedHealth Group, Inc. | UnitedHealth Group, Inc. | UnitedHealth Group, Inc. |
| &nbsp;&nbsp; 5.15%, 07/15/2034 | 5000000 | 5122965 |
| &nbsp;&nbsp; 5.75%, 07/15/2064 | 5350000 | 5227534 |
| Universal Health Services, Inc. | Universal Health Services, Inc. | Universal Health Services, Inc. |
| &nbsp;&nbsp; 4.63%, 10/15/2029 | 7200000 | 7240083 |
| &nbsp;&nbsp; 2.65%, 10/15/2030 | 3000000 | 2737150 |
|  VSP Optical Group, Inc., 5.45%, 12/01/2035 <sup>(a)</sup> | 5150000 | 5186221 |
|  |  | 52573279 |
| **Industrials - 1.3%** | **Industrials - 1.3%** | **Industrials - 1.3%** |
|  BAE Systems PLC, 5.30%, 03/26/2034 <sup>(a)</sup> | 7550000 | 7821155 |
| Boeing Co. | Boeing Co. | Boeing Co. |
| &nbsp;&nbsp; 6.53%, 05/01/2034 | 5250000 | 5810228 |
| &nbsp;&nbsp; 6.86%, 05/01/2054 | 700000 | 786715 |
|  HEICO Corp., 5.35%, 08/01/2033 | 8400000 | 8725272 |
|  nVent Finance Sarl, 2.75%, 11/15/2031 | 4300000 | 3881701 |
|  Quanta Services, Inc., 5.25%, 08/09/2034 | 5200000 | 5333946 |
|  Weir Group, Inc., 5.35%, 05/06/2030 <sup>(a)</sup> | 5925000 | 6090486 |
|  Wrangler Holdco Corp., 6.63%, 04/01/2032 <sup>(a)</sup> | 4200000 | 4413246 |
|  |  | 42862749 |
| **Technology - 1.9%** | **Technology - 1.9%** | **Technology - 1.9%** |
|  Booz Allen Hamilton, Inc., 3.88%, 09/01/2028 <sup>(a)</sup> | 5000000 | 4909966 |
|  Fair Isaac Corp., 6.00%, 05/15/2033 <sup>(a)</sup> | 5960000 | 6140779 |
|  Foundry JV Holdco LLC, 5.88%, 01/25/2034 <sup>(a)</sup> | 5600000 | 5756272 |
|  Hewlett Packard Enterprise Co., 5.00%, 10/15/2034 | 5050000 | 5007392 |
|  Kyndryl Holdings, Inc., 3.15%, 10/15/2031 | 6500000 | 5936154 |
|  MSCI, Inc., 5.25%, 09/01/2035 | 4250000 | 4279616 |
| Oracle Corp. | Oracle Corp. | Oracle Corp. |
| &nbsp;&nbsp; 5.20%, 09/26/2035 | 9450000 | 9057257 |
| &nbsp;&nbsp; 5.50%, 09/27/2064 | 8500000 | 6790772 |
|  Roper Technologies, Inc., 4.90%, 10/15/2034 | 5000000 | 4990846 |
|  TD SYNNEX Corp., 5.30%, 10/10/2035 | 7300000 | 7231865 |
|  |  | 60100919 |
| **Utilities - 4.8%** | **Utilities - 4.8%** | **Utilities - 4.8%** |
|  AES Corp., 5.80%, 03/15/2032 | 11900000 | 12210727 |
| American Electric Power Co., Inc. | American Electric Power Co., Inc. | American Electric Power Co., Inc. |
| &nbsp;&nbsp; 5.63%, 03/01/2033 <sup>(b)</sup> | 4700000 | 4939705 |
| &nbsp;&nbsp; 5.80% to 03/15/2031 then 5 yr. CMT Rate + 2.13%, 03/15/2056 | 10050000 | 9981715 |
|  CenterPoint Energy, Inc., 6.70% to 05/15/2030 then 5 yr. CMT Rate + 2.59%, 05/15/2055 | 9000000 | 9274617 |
|  DTE Electric Co., 5.25%, 05/15/2035 | 4250000 | 4370513 |
|  DTE Energy Co., 5.85%, 06/01/2034 <sup>(b)</sup> | 6700000 | 7148565 |
|  Duke Energy Ohio, Inc., 5.65%, 04/01/2053 | 3000000 | 2978232 |
|  Duke Energy Progress NC Storm Funding LLC, 2.39%, 07/01/2037 | 5350000 | 4602467 |
|  Edison International, 8.13% to 06/15/2028 then 5 yr. CMT Rate + 3.86%, 06/15/2053 <sup>(b)</sup> | 3675000 | 3826488 |
|  Georgia Power Co., 5.25%, 03/15/2034 | 4000000 | 4130992 |
|  KeySpan Gas East Corp., 3.59%, 01/18/2052 <sup>(a)</sup> | 2850000 | 1909468 |
|  National Grid PLC, 5.81%, 06/12/2033 | 3950000 | 4210360 |
|  Nevada Power Co., 5.90%, 05/01/2053 | 2950000 | 2971443 |
| NiSource, Inc. | NiSource, Inc. | NiSource, Inc. |
| &nbsp;&nbsp; 5.35%, 04/01/2034 | 5000000 | 5166689 |
| &nbsp;&nbsp; 6.95% to 11/30/2029 then 5 yr. CMT Rate + 2.45%, 11/30/2054 | 4850000 | 5073473 |
|  Oncor Electric Delivery Co. LLC, 5.55%, 06/15/2054 | 7500000 | 7285286 |
| PacifiCorp | PacifiCorp | PacifiCorp |
| &nbsp;&nbsp; 5.30%, 02/15/2031 | 7000000 | 7210556 |
| &nbsp;&nbsp; 7.38% to 09/15/2030 then 5 yr. CMT Rate + 3.32%, 09/15/2055 | 5850000 | 5966924 |
|  PG&E Energy Recovery Funding LLC, 2.28%, 01/15/2036 | 2400000 | 2039986 |
|  PG&E Recovery Funding LLC, 5.53%, 06/01/2049 | 12000000 | 12030028 |
|  Piedmont Natural Gas Co., Inc., 5.05%, 05/15/2052 | 1750000 | 1565743 |
|  RWE Finance US LLC, 5.13%, 09/18/2035 <sup>(a)</sup> | 6000000 | 5968609 |
| Sempra | Sempra | Sempra |
| &nbsp;&nbsp; 4.13% to 04/01/2027 then 5 yr. CMT Rate + 2.87%, 04/01/2052 | 3000000 | 2950746 |
| &nbsp;&nbsp; 6.40% to 10/01/2034 then 5 yr. CMT Rate + 2.63%, 10/01/2054 | 5850000 | 5953454 |
| &nbsp;&nbsp; 6.88% to 10/01/2029 then 5 yr. CMT Rate + 2.79%, 10/01/2054 | 1900000 | 1960044 |
|  Southwestern Electric Power Co., 5.30%, 04/01/2033 | 2300000 | 2364162 |
|  Texas Electric Market Stabilization Funding N LLC, 4.27%, 08/01/2034 <sup>(a)</sup> | 1551003 | 1547773 |
|  Virginia Electric and Power Co., 5.55%, 08/15/2054 | 7550000 | 7324975 |
| Vistra Operations Co. LLC | Vistra Operations Co. LLC | Vistra Operations Co. LLC |
| &nbsp;&nbsp; 6.95%, 10/15/2033 <sup>(a)</sup> | 2000000 | 2234806 |
| &nbsp;&nbsp; 5.70%, 12/30/2034 <sup>(a)</sup> | 4000000 | 4131528 |
|  |  | 153330074 |
| **TOTAL CORPORATE BONDS** (Cost $1,303,149,485) | **TOTAL CORPORATE BONDS** (Cost $1,303,149,485) | 1319081979 |
| **U.S. TREASURY SECURITIES - 21.6%** | **Par** | **Value**  |
| United States Treasury Note/Bond | United States Treasury Note/Bond | United States Treasury Note/Bond |
| &nbsp;&nbsp; 3.88%, 06/30/2030 | 15000000 | 15114551 |
| &nbsp;&nbsp; 3.63%, 09/30/2031 | 9000000 | 8911758 |
| &nbsp;&nbsp; 4.13%, 05/31/2032 | 2775000 | 2811910 |
| &nbsp;&nbsp; 2.75%, 08/15/2032 | 27000000 | 25172754 |
| &nbsp;&nbsp; 3.50%, 02/15/2033 | 20000000 | 19439453 |
| &nbsp;&nbsp; 3.38%, 05/15/2033 | 19000000 | 18269688 |
| &nbsp;&nbsp; 3.88%, 08/15/2033 | 34000000 | 33725078 |
| &nbsp;&nbsp; 4.50%, 11/15/2033 | 36000000 | 37179141 |
| &nbsp;&nbsp; 4.00%, 02/15/2034 | 30000000 | 29913281 |
| &nbsp;&nbsp; 4.38%, 05/15/2034 | 23000000 | 23508965 |
| &nbsp;&nbsp; 3.88%, 08/15/2034 | 18500000 | 18219248 |
| &nbsp;&nbsp; 4.25%, 11/15/2034 | 48500000 | 49020049 |
| &nbsp;&nbsp; 4.63%, 02/15/2035 | 49300000 | 51184377 |
| &nbsp;&nbsp; 4.25%, 05/15/2035 | 15040000 | 15168075 |
| &nbsp;&nbsp; 4.25%, 08/15/2035 | 4000000 | 4029375 |
| &nbsp;&nbsp; 4.00%, 11/15/2035 | 59300000 | 58452195 |
| &nbsp;&nbsp; 1.13%, 05/15/2040 | 14500000 | 9205801 |
| &nbsp;&nbsp; 1.75%, 08/15/2041 | 22000000 | 14852149 |
| &nbsp;&nbsp; 4.00%, 11/15/2042 | 11500000 | 10544287 |
| &nbsp;&nbsp; 4.75%, 11/15/2043 | 5000000 | 5002149 |
| &nbsp;&nbsp; 4.50%, 02/15/2044 | 19500000 | 18871582 |
| &nbsp;&nbsp; 4.63%, 05/15/2044 | 5000000 | 4910742 |
| &nbsp;&nbsp; 4.13%, 08/15/2044 | 12000000 | 11017031 |
| &nbsp;&nbsp; 3.00%, 11/15/2044 | 13000000 | 10057734 |
| &nbsp;&nbsp; 4.63%, 11/15/2044 | 27000000 | 26466328 |
| &nbsp;&nbsp; 2.50%, 02/15/2046 | 3500000 | 2438379 |
| &nbsp;&nbsp; 2.50%, 05/15/2046 | 3000000 | 2081719 |
| &nbsp;&nbsp; 2.25%, 08/15/2046 | 7550000 | 4970908 |
| &nbsp;&nbsp; 2.75%, 11/15/2047 | 2000000 | 1425391 |
| &nbsp;&nbsp; 1.25%, 05/15/2050 | 9000000 | 4311211 |
| &nbsp;&nbsp; 1.38%, 08/15/2050 | 6500000 | 3197568 |
| &nbsp;&nbsp; 2.00%, 08/15/2051 | 30000000 | 17194922 |
| &nbsp;&nbsp; 1.88%, 11/15/2051 | 10500000 | 5807402 |
| &nbsp;&nbsp; 2.25%, 02/15/2052 | 16500000 | 10016660 |
| &nbsp;&nbsp; 2.88%, 05/15/2052 | 9500000 | 6640908 |
| &nbsp;&nbsp; 3.00%, 08/15/2052 | 14000000 | 10032148 |
| &nbsp;&nbsp; 3.63%, 05/15/2053 | 16000000 | 12948438 |
| &nbsp;&nbsp; 4.13%, 08/15/2053 | 34000000 | 30108594 |
| &nbsp;&nbsp; 4.75%, 11/15/2053 | 22900000 | 22487621 |
| &nbsp;&nbsp; 4.25%, 02/15/2054 | 24800000 | 22428500 |
| &nbsp;&nbsp; 4.75%, 05/15/2055 | 18000000 | 17692031 |
| **TOTAL U.S. TREASURY SECURITIES** (Cost $729,213,574) | **TOTAL U.S. TREASURY SECURITIES** (Cost $729,213,574) | 694830101 |
| **MORTGAGE-BACKED SECURITIES - 13.2%** | **Par** | **Value**  |
| Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. |
| &nbsp;&nbsp; Pool RQ0028, 6.00%, 07/01/2055 | 13360433 | 13722509 |
| &nbsp;&nbsp; Pool SD8225, 3.00%, 07/01/2052 | 14882032 | 13196656 |
| &nbsp;&nbsp; Pool SD8244, 4.00%, 09/01/2052 | 45220666 | 43181233 |
| &nbsp;&nbsp; Pool SD8288, 5.00%, 01/01/2053 | 2997982 | 3003771 |
| &nbsp;&nbsp; Pool SD8324, 5.50%, 05/01/2053 | 4583931 | 4666151 |
| &nbsp;&nbsp; Pool SD8331, 5.50%, 06/01/2053 | 3068501 | 3121424 |
| &nbsp;&nbsp; Pool SD8344, 6.50%, 07/01/2053 | 2257029 | 2349147 |
| &nbsp;&nbsp; Pool SD8367, 5.50%, 10/01/2053 | 11909948 | 12104772 |
| &nbsp;&nbsp; Pool SD8440, 6.50%, 06/01/2054 | 2966963 | 3084112 |
| &nbsp;&nbsp; Pool SD8503, 4.00%, 02/01/2055 | 9342072 | 8869299 |
| Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association |
| &nbsp;&nbsp; Pool CB9327, 5.50%, 10/01/2054 | 8393125 | 8699352 |
| &nbsp;&nbsp; Pool CB9471, 5.00%, 11/01/2054 | 9830690 | 10002404 |
| &nbsp;&nbsp; Pool FA0625, 5.00%, 02/01/2055 | 9209538 | 9210241 |
| &nbsp;&nbsp; Pool FS0902, 3.50%, 07/01/2043 | 5117506 | 4897786 |
| &nbsp;&nbsp; Pool FS3150, 5.00%, 11/01/2052 | 5864476 | 5941845 |
| &nbsp;&nbsp; Pool FS3825, 4.50%, 04/01/2050 | 4412670 | 4383311 |
| &nbsp;&nbsp; Pool FS5365, 3.00%, 02/01/2050 | 4823812 | 4374527 |
| &nbsp;&nbsp; Pool FS5749, 6.50%, 09/01/2053 | 14460241 | 15031602 |
| &nbsp;&nbsp; Pool FS6598, 3.50%, 08/01/2052 | 7292169 | 6766006 |
| &nbsp;&nbsp; Pool FS7526, 3.00%, 10/01/2053 | 5462526 | 4840414 |
| &nbsp;&nbsp; Pool MA4783, 4.00%, 10/01/2052 | 11097612 | 10580797 |
| &nbsp;&nbsp; Pool MA5073, 6.00%, 07/01/2053 | 17667655 | 18186366 |
| &nbsp;&nbsp; Pool MA5107, 5.50%, 08/01/2053 | 4650778 | 4732052 |
| &nbsp;&nbsp; Pool MA5108, 6.00%, 08/01/2053 | 16778772 | 17270092 |
| &nbsp;&nbsp; Pool MA5140, 6.50%, 09/01/2053 | 2991506 | 3113636 |
| &nbsp;&nbsp; Pool MA5166, 6.00%, 10/01/2053 | 2682837 | 2762074 |
| &nbsp;&nbsp; Pool MA5341, 4.00%, 04/01/2054 | 3597746 | 3415702 |
| &nbsp;&nbsp; Pool MA5389, 6.00%, 06/01/2054 | 4273677 | 4391776 |
| &nbsp;&nbsp; Pool MA5390, 6.50%, 06/01/2054 | 3549214 | 3689531 |
| &nbsp;&nbsp; Pool MA5480, 5.50%, 09/01/2044 | 21175223 | 21876791 |
| &nbsp;&nbsp; Pool MA5503, 5.50%, 10/01/2044 | 17567576 | 17901305 |
| &nbsp;&nbsp; Pool MA5528, 4.00%, 11/01/2054 | 45118147 | 42835068 |
| &nbsp;&nbsp; Pool MA5540, 5.50%, 11/01/2044 | 4326655 | 4470017 |
| &nbsp;&nbsp; Pool MA5586, 5.50%, 01/01/2055 | 12088757 | 12267086 |
| &nbsp;&nbsp; Pool MA5760, 5.50%, 07/01/2055 | 9016383 | 9147283 |
| &nbsp;&nbsp; Pool MA5789, 4.00%, 08/01/2055 | 9614986 | 9126117 |
| Ginnie Mae II Pool | Ginnie Mae II Pool | Ginnie Mae II Pool |
| &nbsp;&nbsp; Pool MA8148, 3.00%, 07/20/2052 | 13813674 | 12436779 |
| &nbsp;&nbsp; Pool MA8346, 4.00%, 10/20/2052 | 16269908 | 15485882 |
| &nbsp;&nbsp; Pool MA8492, 6.00%, 12/20/2052 | 3614898 | 3715548 |
| &nbsp;&nbsp; Pool MA8949, 6.00%, 06/20/2053 | 2870227 | 2943195 |
| &nbsp;&nbsp; Pool MA9242, 6.00%, 10/20/2053 | 5977844 | 6104809 |
| &nbsp;&nbsp; Pool MB0090, 4.50%, 12/20/2054 | 15599537 | 15219372 |
| **TOTAL MORTGAGE-BACKED SECURITIES** (Cost $415,216,421) | **TOTAL MORTGAGE-BACKED SECURITIES** (Cost $415,216,421) | 423117840 |
| **BANK LOANS - 8.1%** | **Par** | **Value**  |
| **Communications - 0.2%** | **Communications - 0.2%** | **Communications - 0.2%** |
|  StubHub Holdco Sub LLC, Senior Secured First Lien, 8.67% (1 mo. Term SOFR + 4.75%), 03/15/2030 | 4750000 | 4717344 |
| **Consumer Discretionary - 2.2%** | **Consumer Discretionary - 2.2%** | **Consumer Discretionary - 2.2%** |
|  1011778 BC ULC, Senior Secured First Lien, 5.47% (1 mo. SOFR US + 1.75%), 09/23/2030 | 5877718 | 5892412 |
|  Allied Universal Holdco LLC, Senior Secured First Lien, 7.07% (1 mo. SOFR US + 3.25%), 08/20/2032 | 3500000 | 3522417 |
|  Caesars Entertainment, Inc., Senior Secured First Lien, 5.97% (1 mo. SOFR US + 2.25%), 02/06/2031 | 7061008 | 7008051 |
|  Chariot Buyer LLC, Senior Secured First Lien, 6.47% (1 mo. SOFR US + 2.75%), 09/08/2032 | 11696616 | 11734396 |
|  Grant Thornton Advisors LLC, Senior Secured First Lien, 6.47% (1 mo. SOFR US + 2.75%), 05/30/2031 | 7546466 | 7570086 |
|  Hilton Grand Vacations Borrower LLC, Senior Secured First Lien, 5.72% (1 mo. SOFR US + 2.00%), 08/02/2028 | 9414 | 9452 |
|  Peer USA LLC, Senior Secured First Lien, 6.19% (1 mo. Term SOFR + 2.25%), 09/29/2032 | 10000000 | 10031250 |
|  Six Flags Entertainment Corp., Senior Secured First Lien, 5.72% (1 mo. SOFR US + 2.00%), 05/01/2031 | 2422909 | 2399176 |
|  SkyMiles IP Ltd., Senior Secured First Lien, 5.38% (3 mo. SOFR US + 1.50%), 10/20/2028 | 6000000 | 6060750 |
|  Wand NewCo 3, Inc., Senior Secured First Lien, 6.22% (1 mo. SOFR US + 2.50%), 01/30/2031 | 5315779 | 5327421 |
|  Whatabrands LLC, Senior Secured First Lien, 6.22% (1 mo. SOFR US + 2.50%), 08/03/2028 | 10982129 | 11023476 |
|  |  | 70578887 |
| **Consumer Staples - 0.3%** | **Consumer Staples - 0.3%** | **Consumer Staples - 0.3%** |
|  Froneri US, Inc., Senior Secured First Lien, 6.45% (6 mo. SOFR US + 2.25%), 09/30/2031 | 6982456 | 6987588 |
|  Primo Brands Corp., Senior Secured First Lien, 5.92% (3 mo. SOFR US + 2.25%), 03/31/2028 | 2487437 | 2497400 |
|  |  | 9484988 |
| **Energy - 0.4%** | **Energy - 0.4%** | **Energy - 0.4%** |
|  Colossus Acquireco LLC, Senior Secured First Lien, 5.41% (SOFR + 1.75%), 07/30/2032 | 11820375 | 11825694 |
|  Oryx Midstream Services Permian Basin LLC, Senior Secured First Lien, 5.98% (1 mo. SOFR US + 2.25%), 10/05/2028 | 2139197 | 2157316 |
|  |  | 13983010 |
| **Financials - 1.0%** | **Financials - 1.0%** | **Financials - 1.0%** |
|  Avolon TLB Borrower 1 US LLC, Senior Secured First Lien, 5.48% (1 mo. SOFR US + 1.75%), 06/24/2030 | 6925519 | 6974482 |
|  Broadstreet Partners Group LLC, Senior Secured First Lien, 6.47% (1 mo. SOFR US + 2.75%), 06/16/2031 | 4927867 | 4949820 |
|  HUB International Ltd., Senior Secured First Lien, 6.12% (3 mo. SOFR US + 2.25%), 06/20/2030 | 8341440 | 8394117 |
|  IMA Financial Group, Inc., Senior Secured First Lien, 6.72% (1 mo. SOFR US + 3.00%), 11/01/2028 | 10795613 | 10835287 |
|  |  | 31153706 |
| **Health Care - 0.4%** | **Health Care - 0.4%** | **Health Care - 0.4%** |
| Medline Borrower LP, Senior Secured First Lien | Medline Borrower LP, Senior Secured First Lien | Medline Borrower LP, Senior Secured First Lien |
| &nbsp;&nbsp; 5.47% (1 mo. SOFR US + 1.75%), 10/23/2028 | 8415592 | 8450054 |
| &nbsp;&nbsp; 5.47% (1 mo. SOFR US + 1.75%), 10/23/2030 | 3241875 | 3257582 |
|  |  | 11707636 |
| **Industrials - 1.5%** | **Industrials - 1.5%** | **Industrials - 1.5%** |
|  Chart Industries, Inc., Senior Secured First Lien, 6.48% (3 mo. SOFR US + 2.50%), 03/18/2030 | 3844231 | 3867315 |
| Husky Injection Molding Systems Ltd., Senior Secured First Lien | Husky Injection Molding Systems Ltd., Senior Secured First Lien | Husky Injection Molding Systems Ltd., Senior Secured First Lien |
| &nbsp;&nbsp; 7.47% (1 mo. SOFR US + 3.75%), 02/15/2029 | 5508548 | 5557133 |
| &nbsp;&nbsp; 7.59% (3 mo. SOFR US + 3.75%), 02/15/2029 | 5508548 | 5557133 |
|  Indicor LLC, Senior Secured First Lien, 6.42% (3 mo. SOFR US + 2.75%), 11/23/2029 | 7637663 | 7692540 |
| Kaman Corp., Senior Secured First Lien | Kaman Corp., Senior Secured First Lien | Kaman Corp., Senior Secured First Lien |
| &nbsp;&nbsp; 6.32% (3 mo. SOFR US + 2.50%), 02/26/2032 | 4270706 | 4293149 |
| &nbsp;&nbsp; 6.43% (3 mo. SOFR US + 2.50%), 02/26/2032 | 689490 | 693113 |
| &nbsp;&nbsp; 6.54% (3 mo. SOFR US + 2.50%), 02/26/2032 | 2222401 | 2234080 |
| &nbsp;&nbsp; 6.54% (6 mo. SOFR US + 2.50%), 02/26/2032 | 797965 | 802158 |
|  TK Elevator US Newco, Inc., Senior Secured First Lien, 6.95% (6 mo. SOFR US + 2.75%), 04/30/2030 | 4876397 | 4912263 |
|  TransDigm, Inc., Senior Secured First Lien, 6.22% (1 mo. SOFR US + 2.50%), 02/28/2031 | 12577637 | 12639079 |
|  |  | 48247963 |
| **Materials - 0.2%** | **Materials - 0.2%** | **Materials - 0.2%** |
| Proampac PG Borrower LLC, Senior Secured First Lien | Proampac PG Borrower LLC, Senior Secured First Lien | Proampac PG Borrower LLC, Senior Secured First Lien |
| &nbsp;&nbsp; 7.88% (3 mo. SOFR US + 4.00%), 09/15/2028 | 3211507 | 3222185 |
| &nbsp;&nbsp; 7.90% (3 mo. SOFR US + 4.00%), 09/15/2028 | 4108252 | 4121911 |
|  |  | 7344096 |
| **Technology - 1.9%** | **Technology - 1.9%** | **Technology - 1.9%** |
|  Central Parent LLC, Senior Secured First Lien, 6.92% (3 mo. SOFR US + 3.25%), 07/06/2029 | 8934812 | 7597181 |
|  CommScope LLC, Senior Secured First Lien, 8.67% (1 mo. SOFR US + 4.75%), 12/17/2029 | 10850000 | 10884503 |
|  CoreLogic, Inc., Senior Secured First Lien, 7.45% (1 mo. SOFR US + 3.50%), 06/02/2028 | 8781316 | 8801250 |
|  Dawn Bidco LLC, Senior Secured 7.67% (1 mo. Term SOFR + 3.00%), 10/07/2032 | 8250000 | 8235315 |
|  Epicor Software Corp., Senior Secured First Lien, 6.42% (1 mo. Term SOFR + 2.75%), 05/30/2031 | 8693970 | 8732223 |
|  Polaris Newco LLC, Senior Secured First Lien, 7.97% (3 mo. SOFR US + 3.75%), 06/05/2028 | 3888325 | 3758572 |
|  RealPage, Inc., Senior Secured First Lien, 7.26% (3 mo. Term SOFR + 3.00%), 04/24/2028 | 4737630 | 4739454 |
|  UKG, Inc., Senior Secured First Lien, 6.34% (3 mo. SOFR US + 2.50%), 02/10/2031 | 8866797 | 8886348 |
|  |  | 61634846 |
| **TOTAL BANK LOANS** (Cost $259,076,182) | **TOTAL BANK LOANS** (Cost $259,076,182) | 258852476 |
| **COLLATERALIZED MORTGAGE OBLIGATIONS - 7.2%** | **Par** | **Value**  |
| Angel Oak Mortgage Trust LLC | Angel Oak Mortgage Trust LLC | Angel Oak Mortgage Trust LLC |
| &nbsp;&nbsp; Series 2025-1, Class A1, 5.69%, 01/25/2070 <sup>(a)(c)</sup> | 9185811 | 9295367 |
| &nbsp;&nbsp; Series 2025-2, Class A1, 5.64%, 02/25/2070 <sup>(a)(c)</sup> | 9540597 | 9635200 |
| &nbsp;&nbsp; Series 2025-3, Class A1, 5.42%, 03/25/2070 <sup>(a)(c)</sup> | 7420496 | 7475157 |
| &nbsp;&nbsp; Series 2025-4, Class A1, 5.86%, 04/25/2070 <sup>(a)(c)</sup> | 8045371 | 8148271 |
| &nbsp;&nbsp; Series 2025-7, Class A1, 5.51%, 06/25/2070 <sup>(a)(c)</sup> | 7333177 | 7410479 |
| BRAVO Residential Funding Trust | BRAVO Residential Funding Trust | BRAVO Residential Funding Trust |
| &nbsp;&nbsp; Series 2024-NQM5, Class A1, 5.80%, 06/25/2064 <sup>(a)(c)</sup> | 816045 | 823608 |
| &nbsp;&nbsp; Series 2025-NQM1, Class A1, 5.60%, 12/25/2064 <sup>(a)(c)</sup> | 13072312 | 13191686 |
| &nbsp;&nbsp; Series 2025-NQM3, Class A1, 5.57%, 03/25/2065 <sup>(a)(c)</sup> | 6163810 | 6220812 |
| &nbsp;&nbsp; Series 2025-NQM4, Class A1, 5.61%, 02/25/2065 <sup>(a)(c)</sup> | 6069135 | 6138164 |
|  CHI Commercial Mortgage Trust, Series 2025-SFT, Class A, 5.48%, 04/15/2042 <sup>(a)(d)</sup> | 8725000 | 8952398 |
|  COLT 2023-2 Mortgage Loan Trust, Series 2024-1, Class A1, 5.84%, 02/25/2069 <sup>(a)(c)</sup> | 3790885 | 3820008 |
| Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. |
| &nbsp;&nbsp; Series 2025-2, Class A1, 3.00%, 10/25/2035 | 7999177 | 7518798 |
| &nbsp;&nbsp; Series K-159, Class A2, 4.50%, 07/25/2033 <sup>(d)</sup> | 1500000 | 1515035 |
| &nbsp;&nbsp; Series K756, Class A2, 4.96%, 05/25/2031 | 26400000 | 27399509 |
|  Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2025-1, Class MTU, 3.25%, 11/25/2064 | 25850659 | 22513375 |
|  GS Mortgage-Backed Securities Trust, Series 2025-NQM2, Class A1, 5.65%, 06/25/2065 <sup>(a)(c)</sup> | 2985105 | 3017996 |
|  Hudson Yards Mortgage Trust, Series 2025-SPRL, Class A, 5.47%, 01/13/2040 <sup>(a)(d)</sup> | 3500000 | 3631737 |
| JP Morgan Mortgage Trust | JP Morgan Mortgage Trust | JP Morgan Mortgage Trust |
| &nbsp;&nbsp; Series 2024-NQM1, Class A1, 5.59%, 02/25/2064 <sup>(a)(c)</sup> | 3197762 | 3225699 |
| &nbsp;&nbsp; Series 2025-NQM1, Class A1, 5.59%, 06/25/2065 <sup>(a)(c)</sup> | 4068185 | 4107042 |
|  LHOME Mortgage Trust, Series 2025-RTL1, Class A1, 5.65%, 01/25/2040 <sup>(a)(c)</sup> | 3500000 | 3525235 |
|  Morgan Stanley Residential Mortgage Loan Trust, Series 2024-NQM5, Class A1, 5.65%, 10/25/2069 <sup>(a)(d)</sup> | 6946660 | 7029683 |
| Onslow Bay Mortgage Loan Trust | Onslow Bay Mortgage Loan Trust | Onslow Bay Mortgage Loan Trust |
| &nbsp;&nbsp; Series 2025-NQM1, Class A1, 5.55%, 12/25/2064 <sup>(a)(d)</sup> | 4244999 | 4282888 |
| &nbsp;&nbsp; Series 2025-NQM10, Class A1, 5.45%, 05/25/2065 <sup>(a)(c)</sup> | 4305396 | 4343600 |
| &nbsp;&nbsp; Series 2025-NQM16, Class A1, 4.91%, 08/25/2065 <sup>(a)(d)</sup> | 9190010 | 9202778 |
| &nbsp;&nbsp; Series 2025-NQM2, Class A1, 5.60%, 11/25/2064 <sup>(a)(c)</sup> | 10298770 | 10398210 |
| &nbsp;&nbsp; Series 2025-NQM3, Class A1, 5.65%, 12/01/2064 <sup>(a)(c)</sup> | 7977598 | 8061987 |
| &nbsp;&nbsp; Series 2025-NQM4, Class A1, 5.40%, 02/25/2055 <sup>(a)(c)</sup> | 11278301 | 11363944 |
|  PRKCM Trust, Series 2025-HOME1, Class A1A, 5.55%, 02/25/2060 <sup>(a)(c)</sup> | 8123151 | 8186403 |
|  ROCK Trust 2024-CNTR, Series 2024-CNTR, Class A, 5.39%, 11/13/2041 <sup>(a)</sup> | 5156000 | 5301646 |
|  SLG Office Trust, Series 2021-OVA, Class A, 2.59%, 07/15/2041 <sup>(a)</sup> | 1010000 | 904080 |
| Velocity Commercial Capital Loan Trust | Velocity Commercial Capital Loan Trust | Velocity Commercial Capital Loan Trust |
| &nbsp;&nbsp; Series 2025-1, Class A, 6.03%, 02/25/2055 <sup>(a)(d)</sup> | 2366662 | 2397251 |
| &nbsp;&nbsp; Series 2025-5, Class A, 5.32%, 12/25/2055 <sup>(a)(d)</sup> | 1600000 | 1606588 |
| **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS** (Cost $228,756,211) | **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS** (Cost $228,756,211) | 230644634 |
| **ASSET-BACKED SECURITIES - 5.1%** | **Par** | **Value**  |
|  AmeriCredit Automobile Receivables Trust, Series 2021-3, Class C, 1.41%, 08/18/2027 | 1806903 | 1795463 |
|  Crockett Partners Equipment Co. II LLC, Series 2024-2M, Class A, 5.70%, 12/20/2032 <sup>(a)</sup> | 2211250 | 2244897 |
|  Flagship Credit Auto Trust, Series 2023-3, Class B, 5.64%, 07/16/2029 <sup>(a)</sup> | 4775000 | 4784330 |
|  Ford Credit Auto Owner Trust, Series 2024-1, Class A, 4.87%, 08/15/2036 <sup>(a)(c)</sup> | 9975000 | 10236416 |
| GM Financial Revolving Receivables Trust | GM Financial Revolving Receivables Trust | GM Financial Revolving Receivables Trust |
| &nbsp;&nbsp; Series 2023-2, Class A, 5.77%, 08/11/2036 <sup>(a)</sup> | 3650000 | 3832756 |
| &nbsp;&nbsp; Series 2024-1, Class A, 4.98%, 12/11/2036 <sup>(a)</sup> | 2000000 | 2055651 |
| GreenSky LLC | GreenSky LLC | GreenSky LLC |
| &nbsp;&nbsp; Series 2025-1A, Class A4, 5.22%, 03/25/2060 <sup>(a)</sup> | 1033524 | 1049794 |
| &nbsp;&nbsp; Series 2025-2A, Class A3, 5.02%, 06/25/2060 <sup>(a)</sup> | 2100000 | 2130437 |
| &nbsp;&nbsp; Series 2025-3A, Class A2, 4.59%, 12/27/2060 <sup>(a)</sup> | 5550000 | 5553859 |
| Hilton Grand Vacations, Inc. | Hilton Grand Vacations, Inc. | Hilton Grand Vacations, Inc. |
| &nbsp;&nbsp; Series 2024-2A, Class A, 5.50%, 03/25/2038 <sup>(a)</sup> | 1737580 | 1770328 |
| &nbsp;&nbsp; Series 2024-3A, Class A, 4.98%, 08/27/2040 <sup>(a)</sup> | 794319 | 801844 |
|  Landmark Infrastructure Partners LP, Series 2025-1A, Class A, 5.52%, 09/15/2055 <sup>(a)</sup> | 3450000 | 3486311 |
| Marriott Vacations Worldwide Corp. | Marriott Vacations Worldwide Corp. | Marriott Vacations Worldwide Corp. |
| &nbsp;&nbsp; Series 2020-1A, Class A, 1.74%, 10/20/2037 <sup>(a)</sup> | 102148 | 97341 |
| &nbsp;&nbsp; Series 2023-1A, Class A, 4.93%, 10/20/2040 <sup>(a)</sup> | 752929 | 759942 |
|  Mosaic Solar Loans LLC, Series 2025-1A, Class A, 6.12%, 08/22/2050 <sup>(a)</sup> | 2798723 | 2812281 |
|  MVW Owner Trust, Series 2024-2A, Class A, 4.43%, 03/20/2042 <sup>(a)</sup> | 1434553 | 1437335 |
| Navient Student Loan Trust | Navient Student Loan Trust | Navient Student Loan Trust |
| &nbsp;&nbsp; Series 2019-EA, Class A2A, 2.64%, 05/15/2068 <sup>(a)</sup> | 265269 | 261533 |
| &nbsp;&nbsp; Series 2020-2A, Class A1A, 1.32%, 08/26/2069 <sup>(a)</sup> | 1817372 | 1609200 |
| &nbsp;&nbsp; Series 2020-A, Class A2A, 2.46%, 11/15/2068 <sup>(a)</sup> | 325521 | 315471 |
| &nbsp;&nbsp; Series 2020-BA, Class A2, 2.12%, 01/15/2069 <sup>(a)</sup> | 2037754 | 1954004 |
| &nbsp;&nbsp; Series 2020-CA, Class A2A, 2.15%, 11/15/2068 <sup>(a)</sup> | 296411 | 286086 |
| &nbsp;&nbsp; Series 2020-EA, Class A, 1.69%, 05/15/2069 <sup>(a)</sup> | 7166907 | 6779605 |
| &nbsp;&nbsp; Series 2020-FA, Class A, 1.22%, 07/15/2069 <sup>(a)</sup> | 328626 | 311229 |
| &nbsp;&nbsp; Series 2020-GA, Class A, 1.17%, 09/16/2069 <sup>(a)</sup> | 262305 | 242559 |
| &nbsp;&nbsp; Series 2020-HA, Class A, 1.31%, 01/15/2069 <sup>(a)</sup> | 449151 | 424325 |
| &nbsp;&nbsp; Series 2021-1A, Class A1A, 1.31%, 12/26/2069 <sup>(a)</sup> | 997514 | 852377 |
| &nbsp;&nbsp; Series 2021-A, Class A, 0.84%, 05/15/2069 <sup>(a)</sup> | 343676 | 315685 |
| &nbsp;&nbsp; Series 2021-BA, Class A, 0.94%, 07/15/2069 <sup>(a)</sup> | 1226699 | 1126964 |
| &nbsp;&nbsp; Series 2022-A, Class A, 2.23%, 07/15/2070 <sup>(a)</sup> | 7512821 | 6884501 |
| &nbsp;&nbsp; Series 2022-BA, Class A, 4.16%, 10/15/2070 <sup>(a)</sup> | 10660208 | 10488316 |
| &nbsp;&nbsp; Series 2023-A, Class A, 5.51%, 10/15/2071 <sup>(a)</sup> | 6098242 | 6244095 |
| &nbsp;&nbsp; Series 2024-A, Class A, 5.66%, 10/15/2072 <sup>(a)</sup> | 9214692 | 9441307 |
| &nbsp;&nbsp; Series 2025-A, Class A, 5.02%, 07/15/2055 <sup>(a)</sup> | 1263205 | 1277501 |
| &nbsp;&nbsp; Series 2025-B, Class A, 4.72%, 09/15/2055 <sup>(a)</sup> | 2029473 | 2024594 |
|  Nelnet Student Loan Trust, Series 2025-DA, Class A1A, 4.65%, 08/20/2054 <sup>(a)</sup> | 4100000 | 4076691 |
|  OneMain Financial Issuance Trust, Series 2022-S1, Class A, 4.13%, 05/14/2035 <sup>(a)</sup> | 1236975 | 1236176 |
|  OWN Tactical Equipment I LLC, Series 2025-1M, Class A, 5.48%, 09/26/2033 <sup>(a)</sup> | 1116498 | 1127170 |
|  Pagaya AI Debt Selection Trust, Series 2025-1, Class B, 5.63%, 07/15/2032 <sup>(a)</sup> | 899923 | 902652 |
|  Pretium Mortgage Credit Partners LLC, Series 2025-RPL1, Class A1, 4.00%, 07/25/2069 <sup>(a)(c)</sup> | 4944224 | 4846210 |
|  REDAPTIVE EAAS ISSUER LLC, Series 2025-1A, Class A, 5.94%, 03/25/2042 <sup>(a)</sup> | 1650000 | 1654090 |
|  Service Experts Issuer LLC, Series 2025-1A, Class A, 5.38%, 01/20/2037 <sup>(a)</sup> | 1115278 | 1116445 |
|  SLM Student Loan Trust, Series 2004-3A, Class A6B, 5.12% (90 day avg SOFR US + 0.81%), 10/25/2064 <sup>(a)</sup> | 842112 | 831324 |
| SMB Private Education Loan Trust | SMB Private Education Loan Trust | SMB Private Education Loan Trust |
| &nbsp;&nbsp; Series 2017-B, Class A2A, 2.82%, 10/15/2035 <sup>(a)</sup> | 132665 | 132009 |
| &nbsp;&nbsp; Series 2018-A, Class A2A, 3.50%, 02/15/2036 <sup>(a)</sup> | 523981 | 519406 |
| &nbsp;&nbsp; Series 2018-B, Class A2A, 3.60%, 01/15/2037 <sup>(a)</sup> | 158864 | 157673 |
| &nbsp;&nbsp; Series 2018-C, Class A2A, 3.63%, 11/15/2035 <sup>(a)</sup> | 234518 | 231915 |
| &nbsp;&nbsp; Series 2019-A, Class A2A, 3.44%, 07/15/2036 <sup>(a)</sup> | 370527 | 366982 |
| &nbsp;&nbsp; Series 2020-A, Class A2A, 2.23%, 09/15/2037 <sup>(a)</sup> | 1761993 | 1711902 |
| &nbsp;&nbsp; Series 2020-B, Class A1A, 1.29%, 07/15/2053 <sup>(a)</sup> | 834174 | 785858 |
| &nbsp;&nbsp; Series 2021-A, Class A2A2, 4.59% (1 mo. Term SOFR + 0.84%), 01/15/2053 <sup>(a)</sup> | 416508 | 411885 |
| &nbsp;&nbsp; Series 2021-A, Class APT2, 1.07%, 01/15/2053 <sup>(a)</sup> | 1940651 | 1749828 |
| &nbsp;&nbsp; Series 2021-E, Class A1A, 1.68%, 02/15/2051 <sup>(a)</sup> | 1202485 | 1146456 |
| &nbsp;&nbsp; Series 2022-B, Class A1A, 3.94%, 02/16/2055 <sup>(a)</sup> | 6531406 | 6385101 |
| &nbsp;&nbsp; Series 2022-C, Class A1A, 4.48%, 05/16/2050 <sup>(a)</sup> | 1607325 | 1603999 |
| &nbsp;&nbsp; Series 2023-C, Class A1A, 5.67%, 11/15/2052 <sup>(a)</sup> | 3609944 | 3716860 |
| &nbsp;&nbsp; Series 2024-A, Class A1A, 5.24%, 03/15/2056 <sup>(a)</sup> | 5815204 | 5917113 |
| &nbsp;&nbsp; Series 2024-C, Class A1A, 5.50%, 06/17/2052 <sup>(a)</sup> | 6145447 | 6300327 |
| &nbsp;&nbsp; Series 2024-F, Class A1A, 5.06%, 03/16/2054 <sup>(a)</sup> | 8826644 | 8942371 |
| SoFi Professional Loan Program LLC | SoFi Professional Loan Program LLC | SoFi Professional Loan Program LLC |
| &nbsp;&nbsp; Series 2019-C, Class A2FX, 2.37%, 11/16/2048 <sup>(a)</sup> | 404499 | 390572 |
| &nbsp;&nbsp; Series 2020-A, Class A2FX, 2.54%, 05/15/2046 <sup>(a)</sup> | 620140 | 601566 |
|  Toyota Auto Loan Extended Note Trust, Series 2025-1A, Class A, 4.65%, 05/25/2038 <sup>(a)</sup> | 3550000 | 3616491 |
|  UPG HI Issuer Trust, Series 2025-2, Class A, 5.00%, 09/25/2047 <sup>(a)</sup> | 2500000 | 2502226 |
|  Verizon Master Trust, Series 2024-7, Class A, 4.35%, 08/20/2032 <sup>(a)</sup> | 6000000 | 6063562 |
| **TOTAL ASSET-BACKED SECURITIES** (Cost $163,167,137) | **TOTAL ASSET-BACKED SECURITIES** (Cost $163,167,137) | 164733197 |
| **COLLATERALIZED LOAN OBLIGATIONS - 1.9%** | **Par** | **Value**  |
|  Aimco CDO, Series 2019-10A, Class ARR, 5.27% (3 mo. Term SOFR + 1.41%), 07/22/2037 <sup>(a)</sup> | 5000000 | 5019800 |
|  AIMCO CLO Series 2018-B, Series 2018-BA, Class ARR, 5.39% (3 mo. Term SOFR + 1.50%), 04/16/2037 <sup>(a)</sup> | 7000000 | 7026375 |
|  Basswood Park CLO Ltd., Series 2021-1A, Class BR, 5.38% (3 mo. Term SOFR + 1.50%), 04/20/2034 <sup>(a)</sup> | 3125000 | 3134347 |
|  Benefit Street Partners CLO Ltd., Series 2021-25A, Class A1R, 4.90% (3 mo. Term SOFR + 1.00%), 01/15/2035 <sup>(a)</sup> | 1000000 | 999941 |
|  CarVal CLO, Series 2022-1A, Class A1, 5.38% (3 mo. Term SOFR + 1.51%), 04/21/2034 <sup>(a)</sup> | 4000000 | 4003694 |
| Dryden Senior Loan Fund | Dryden Senior Loan Fund | Dryden Senior Loan Fund |
| &nbsp;&nbsp; Series 2018-55A, Class C, 6.07% (3 mo. Term SOFR + 2.16%), 04/15/2031 <sup>(a)</sup> | 1000000 | 1003000 |
| &nbsp;&nbsp; Series 2018-64A, Class B, 5.55% (3 mo. Term SOFR + 1.66%), 04/18/2031 <sup>(a)</sup> | 1600000 | 1601090 |
|  Flatiron CLO Ltd., Series 2024-1A, Class A1R, 4.98% (3 mo. Term SOFR + 1.08%), 07/15/2036 <sup>(a)</sup> | 3450000 | 3449175 |
|  Neuberger Berman CLO Ltd., Series 2021-43A, Class BR, 5.33% (3 mo. Term SOFR + 1.45%), 07/17/2036 <sup>(a)</sup> | 4500000 | 4508780 |
|  OCP CLO Ltd., Series 2023-29A, Class BR, 5.43% (3 mo. Term SOFR + 1.55%), 01/20/2036 <sup>(a)</sup> | 2750000 | 2756535 |
| Palmer Square Loan Funding Ltd. | Palmer Square Loan Funding Ltd. | Palmer Square Loan Funding Ltd. |
| &nbsp;&nbsp; Series 2022-4A, Class A2R, 5.17% (3 mo. Term SOFR + 1.30%), 07/24/2031 <sup>(a)</sup> | 6000000 | 6001988 |
| &nbsp;&nbsp; Series 2024-1A, Class A2, 5.35% (3 mo. Term SOFR + 1.45%), 10/15/2032 <sup>(a)</sup> | 5950000 | 5957821 |
| &nbsp;&nbsp; Series 2024-2A, Class A2, 5.35% (3 mo. Term SOFR + 1.45%), 01/15/2033 <sup>(a)</sup> | 12700000 | 12700824 |
|  TIAA CLO Ltd., Series 2018-1A, Class A2R, 5.63% (3 mo. Term SOFR + 1.75%), 01/20/2032 <sup>(a)</sup> | 2000000 | 2001024 |
| **TOTAL COLLATERALIZED LOAN OBLIGATIONS** (Cost $60,080,937) | **TOTAL COLLATERALIZED LOAN OBLIGATIONS** (Cost $60,080,937) | 60164394 |
| **U.S. GOVERNMENT AGENCY ISSUES - 0.4%** | **Par** | **Value**  |
| SBA Office of Investments and Innovation | SBA Office of Investments and Innovation | SBA Office of Investments and Innovation |
| &nbsp;&nbsp; Series 2024-10A, Class 1, 5.04%, 03/10/2034 | 8950543 | 9076530 |
| &nbsp;&nbsp; Series 2025-10B, Class 1, 4.53%, 09/10/2035 | 3000000 | 3002705 |
| **TOTAL U.S. GOVERNMENT AGENCY ISSUES** (Cost $11,950,543) | **TOTAL U.S. GOVERNMENT AGENCY ISSUES** (Cost $11,950,543) | 12079235 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 1.4%** | **Shares** | **Value**  |
| **Money Market Funds - 1.4%** |  |  |
| GS Financial Square Government Fund - Institutional Class, 3.67% <sup>(e)</sup> | 46181030 | 46181030 |
| **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $46,181,030) | **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $46,181,030) | 46181030 |
| **TOTAL INVESTMENTS - 100.0% (**Cost $3,216,791,520**)** | **TOTAL INVESTMENTS - 100.0% (**Cost $3,216,791,520**)** | 3209684886 |
| Money Market Deposit Account - 1.9% <sup>(f)</sup> | Money Market Deposit Account - 1.9% <sup>(f)</sup> | 61818623 |
| Liabilities in Excess of Other Assets - (1.9)% | Liabilities in Excess of Other Assets - (1.9)% | (61235250) |
| **TOTAL NET ASSETS - 100.0%** |  | $3210268259 |
| Par amount is in USD unless otherwise indicated. | Par amount is in USD unless otherwise indicated. |  |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |

---

---

| |
|:---|
| CMT - Constant Maturity Treasury |
| LLC - Limited Liability Company |
| LP - Limited Partnership |
| PLC - Public Limited Company |
| SOFR - Secured Overnight Financing Rate |
| USISSO05- 5 Year US Dollar SOFR Swap Rate |

---

(a) Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified
 institutional investors. As of December 31, 2025, the value of these securities total $756,875,618 or 23.6% of the Fund's net assets.

(b) All or a portion of this security is on loan as of December 31, 2025. The fair value of these securities was $45,267,081.

(c) Step coupon bond. The rate disclosed is as of December 31, 2025.

(d) Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral
 increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of December 31, 2025.

(e) The rate shown represents the 7-day annualized yield as of December 31, 2025.

(f) The U.S. Bank Money Market Deposit Account (the "MMDA") is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on
 market conditions and is subject to change daily. The rate as of December 31, 2025 was 3.45%.

------

#### Summary of Fair Value Disclosure as of December 31, 2025 (Unaudited)
The Trust characterizes its investments as Level 1, Level 2, or Level 3 based upon the various inputs or methodologies used to value the investments. Utilizing the valuation procedures, the Valuation Oversight Committee ("VOC") determines the level in which each investment is characterized. The VOC includes finance, operations, legal, risk and compliance members of the Trust's Adviser, and the Trust's Chief Legal Officer and Chief Compliance Officer. The three-tier hierarchy of inputs is summarized in the three broad levels listed below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that a Fund has the ability to access.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing a Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.

The VOC reviews the valuation procedure periodically (at least annually) to determine the appropriateness of the pricing methodologies used to value each Fund's investments. The VOC also periodically evaluates how the Trust's investments are characterized within the three-tier hierarchy and the appropriateness of third-party pricing sources. The VOC also periodically (at least annually) conducts back-testing of the value of various Level 2 and Level 3 investments to evaluate the effectiveness of the pricing methodologies including the unobservable inputs used to value those investments. Such back-testing includes comparing Level 2 and Level 3 investment values to subsequently available exchange traded prices, transaction prices, and/or observable vendor prices.

The inputs or methodologies used for characterizing each Fund's investments within the three-tier hierarchy are not necessarily an indication of the relative risks associated with investing in those investments. Foreign equity investments that are modified to reflect the estimates of a change in value from the time of the closing valuation in the foreign market until the time of the NYSE close, in accordance with information provided by a foreign fair value service are reflected as Level 2. Changes in valuation techniques may result in transfers into or out of an assigned level within the hierarchy.

The following is a summary of the inputs used, as of December 31, 2025, in valuing the Funds' assets carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | $– | $1319081979 | $– | $1319081979 |
|  &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Securities | – | 694830101 | – | 694830101 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Mortgage-Backed Securities | – | 423117840 | – | 423117840 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Bank Loans | – | 258852476 | – | 258852476 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Collateralized Mortgage Obligations | – | 230644634 | – | 230644634 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Asset-Backed Securities | – | 164733197 | – | 164733197 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Collateralized Loan Obligations | – | 60164394 | – | 60164394 |
|  &nbsp;&nbsp;&nbsp;&nbsp;U.S. Government Agency Issues | – | 12079235 | – | 12079235 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Investments Purchased with Proceeds from Securities Lending | 46181030 | – | – | 46181030 |
| Total Investments | $46181030 | $3163503856 | $– | $3209684886 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Aristotle Fund Series Trust

- **b. Investment Company Act file number:** 811-23850

- **c. CIK number of Registrant:** 0001959372

- **d. LEI of Registrant:** 549300FDPZVU0VTJQB52

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

  - **Street Address 1:** 11000 Santa Monica Blvd

  - **City:** Los Angeles

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90025

  - **Telephone number:** 3104784005

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

- **a. Name of Series:** Aristotle Core Income Fund

- **b. EDGAR series identifier (if any):** S000080072

- **c. LEI of Series:** 549300GIGDIUWY2UKS16

**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:** $3285221100.72

**Total Liabilities:** $76083667.95

**Net Assets:** $3209137432.77

**Cash Not Reported:** $2411210.52

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 25868.301258000000 | **1-Year:** 57106.455389000000 | **5-Year:** 371193.981853000000 | **10-Year:** 777435.300908000000 | **30-Year:** 611777.946030000000

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

- **3-Month:** 94485.520140000000 | **1-Year:** 11084.055524000000 | **5-Year:** 22015.355386000000 | **10-Year:** 3521.919713000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000241710 | 0.47%                | 0.61%                | -0.19%               |
| Class ID C000241711 | 0.51%                | 0.56%                | -0.37%               |
| Class ID C000241712 | 0.51%                | 0.74%                | -0.25%               |
| Class ID C000241713 | 0.50%                | 0.63%                | -0.15%               |
| Class ID C000268436 |  |  | 0.16%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2978353.06              | $1903298.18                                |
| Month 2  | $986283.03               | $7960406.04                                |
| Month 3  | $1493974.69              | $-21303208.00                              |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                 | Title                                                                            | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AT&T INC                             | AT&T Inc                                                                         | CUSIP: 00206RKJ0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   2965000 | PA      | $1985750.90   | 0.06%             | 2053-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                | Athene Global Funding                                                            | CUSIP: 04685A4S7<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   3050000 | PA      | $3061733.01   | 0.10%             | 2035-08-22      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP               | Aviation Capital Group LLC                                                       | CUSIP: 05369AAS0<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3555281.77   | 0.11%             | 2030-04-10      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD             | Avolon Holdings Funding Ltd                                                      | CUSIP: 05401AAZ4<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   5000000 | PA      | $5139109.85   | 0.16%             | 2030-05-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD             | Avolon Holdings Funding Ltd                                                      | CUSIP: 05401ABA8<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   5700000 | PA      | $5732718.06   | 0.18%             | 2030-10-10      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                         | Barclays PLC                                                                     | CUSIP: 06738ECZ6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   4600000 | PA      | $4816962.96   | 0.15%             | 2036-02-25      | Variable      | 5.79%                 | No            |                  2 | On Loan: No      |
| BBVA MEX BANCA GRUPO TX              | BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX     | CUSIP: 072912AA6<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |   1150000 | PA      | $1210375.00   | 0.04%             | 2035-02-11      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| BEIGNET INVESTOR LLC                 | Beignet Investor LLC                                                             | CUSIP: 076912AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10574086.40  | 0.33%             | 2049-05-30      | Fixed         | 6.58%                 | No            |                  2 | On Loan: No      |
| BROADSTONE NET LEASE LLC             | Broadstone Net Lease LLC                                                         | CUSIP: 11134GAA8<br>LEI: 54930089IBT6J4WBTI50 | Long             | DBT              | CORP              | US        |   4300000 | PA      | $4317417.71   | 0.13%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                        | Citigroup Inc                                                                    | CUSIP: 17327CAR4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2225000 | PA      | $2364456.08   | 0.07%             | 2034-05-25      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                 | Edison International                                                             | CUSIP: 281020AX5<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |   3675000 | PA      | $3826487.47   | 0.12%             | 2053-06-15      | Variable      | 8.12%                 | No            |                  2 | On Loan: —       |
| ENERGY TRANSFER LP                   | Energy Transfer LP                                                               | CUSIP: 29273VAN0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EP               | CORP              | US        |   1650000 | PA      | $1664237.85   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                   | Energy Transfer LP                                                               | CUSIP: 29273VBE9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   4350000 | PA      | $4505124.57   | 0.14%             | 2035-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINL HLDGS LTD               | Fairfax Financial Holdings Ltd                                                   | CUSIP: 303901BY7<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |   3000000 | PA      | $3174581.88   | 0.10%             | 2055-05-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 3140XL6B9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4823812 | PA      | $4374527.16   | 0.14%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 31418E5B2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3597746 | PA      | $3415702.16   | 0.11%             | 2054-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - SLST                   | Seasoned Loans Structured Transaction Trust Series 2025-2                        | CUSIP: 35564C2J5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   7999177 | PA      | $7518797.79   | 0.23%             | 2035-10-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II              | GLP Capital LP / GLP Financing II Inc                                            | CUSIP: 361841AT6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10650000 | PA      | $10813779.53  | 0.34%             | 2034-09-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                  | Global Payments Inc                                                              | CUSIP: 37940XAY8<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   8050000 | PA      | $8004310.62   | 0.25%             | 2035-11-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                  | JPMorgan Chase & Co                                                              | CUSIP: 46647PEW2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  12000000 | PA      | $12548936.04  | 0.39%             | 2036-01-24      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                  | JPMorgan Chase & Co                                                              | CUSIP: 46647PFC5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  12025000 | PA      | $12443844.22  | 0.39%             | 2036-07-23      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                  | JPMorgan Chase & Co                                                              | CUSIP: 46647PFE1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4050000 | PA      | $4023060.01   | 0.13%             | 2036-10-22      | Variable      | 4.81%                 | 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: 47214BAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   7660000 | PA      | $8467557.11   | 0.26%             | 2034-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LMRK Issuer Co. LLC                  | Lmrk Issuer Co 2 LLC                                                             | CUSIP: 50209AAH4<br>LEI: 549300TATF7H68SRLE80 | Long             | ABS-O            | CORP              | US        |   3450000 | PA      | $3486310.91   | 0.11%             | 2055-09-15      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER              | Laboratory Corp of America Holdings                                              | CUSIP: 50540RBB7<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $6954353.35   | 0.22%             | 2034-10-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC             | Lloyds Banking Group PLC                                                         | CUSIP: 53944YBB8<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   5900000 | PA      | $6134825.90   | 0.19%             | 2031-09-27      | Variable      | 6.75%                 | No            |                  2 | On Loan: —       |
| Morgan Stanley Residential Mor       | Morgan Stanley Residential Mortgage Loan Trust 2024-NQM5                         | CUSIP: 61777QAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6946660 | PA      | $7029682.62   | 0.22%             | 2069-10-25      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust           | Navient Private Education Refi Loan Trust 2021-B                                 | CUSIP: 63942LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1226699 | PA      | $1126963.64   | 0.04%             | 2069-07-15      | Fixed         | 0.94%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust           | Navient Private Education Refi Loan Trust 2024-A                                 | CUSIP: 63943CAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9214692 | PA      | $9441307.51   | 0.29%             | 2072-10-15      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| Navient Refinance Loan Trust         | Navient Refinance Loan Trust 2025-B                                              | CUSIP: 63943NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2029473 | PA      | $2024594.32   | 0.06%             | 2055-09-15      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru       | SMB Private Education Loan Trust 2024-C                                          | CUSIP: 83206EAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6145447 | PA      | $6300326.56   | 0.20%             | 2052-06-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Social Professional Loan Progr       | Sofi Professional Loan Program 2019-C LLC                                        | CUSIP: 83401CAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    404499 | PA      | $390571.53    | 0.01%             | 2048-11-16      | Fixed         | 2.37%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                 | Targa Resources Corp                                                             | CUSIP: 87612GAF8<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |   6850000 | PA      | $7478565.11   | 0.23%             | 2034-03-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810TR9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  16000000 | PA      | $12948437.44  | 0.40%             | 2053-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810UB2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $4910742.20   | 0.15%             | 2044-05-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 91282CHC8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19000000 | PA      | $18269687.50  | 0.57%             | 2033-05-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC             | Vistra Operations Co LLC                                                         | CUSIP: 92840VAQ5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2234806.00   | 0.07%             | 2033-10-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment Inc            | Caesars Entertainment Inc, Senior Secured First Lien Term Loan                   | CUSIP: 12768EAH9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7061008 | PA      | $7008050.56   | 0.22%             | 2031-02-06      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| FRONERI US INC                       | Froneri US Inc                                                                   | CUSIP: G3679YAK8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2011734 | PA      | $2013212.31   | 0.06%             | 2031-09-30      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| WAND NEWCO 3 INC                     | Wand NewCo 3 Inc                                                                 | CUSIP: 93369PAM6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | LON              | CORP              | US        |   5329930 | PA      | $5341602.67   | 0.17%             | 2031-01-30      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                   | Energy Transfer LP                                                               | CUSIP: 29273VBG4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   6800000 | PA      | $6780525.82   | 0.21%             | 2056-02-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A       | Ginnie Mae II Pool                                                               | CUSIP: 3618N5C49<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  15599537 | PA      | $15219372.07  | 0.47%             | 2054-12-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GM Financial Revolving Receiva       | GM Financial Revolving Receivables Trust 2023-2                                  | CUSIP: 36268DAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3650000 | PA      | $3832756.23   | 0.12%             | 2036-08-11      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC              | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GYB4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   7950000 | PA      | $7251627.16   | 0.23%             | 2032-04-22      | Variable      | 2.62%                 | No            |                  2 | On Loan: No      |
| Greensky Home Improvement Issu       | GreenSky Home Improvement Issuer Trust 2025-3                                    | CUSIP: 39571WAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5550000 | PA      | $5553859.47   | 0.17%             | 2060-12-27      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                    | HSBC Holdings PLC                                                                | CUSIP: 404280ES4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   3500000 | PA      | $3612598.57   | 0.11%             | 2036-03-03      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| JANE STREET GRP/JSG FIN              | Jane Street Group / JSG Finance Inc                                              | CUSIP: 47077WAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3225000 | PA      | $3368371.73   | 0.10%             | 2033-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                  | JPMorgan Chase & Co                                                              | CUSIP: 48128AAJ2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |   5750000 | PA      | $5979259.17   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                       | Morgan Stanley                                                                   | CUSIP: 61748UAN2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2974588.08   | 0.09%             | 2036-10-22      | Variable      | 4.89%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC             | OBX 2025-NQM4 Trust                                                              | CUSIP: 67120QAA4<br>LEI: 254900IAVXYLOCPK6W54 | Long             | ABS-MBS          | CORP              | US        |  11278301 | PA      | $11363944.16  | 0.35%             | 2055-02-25      | Variable      | 5.40%                 | No            |                  2 | On Loan: No      |
| EquipmentShare                       | OWN Equipment Fund II LLC                                                        | CUSIP: 690912AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1116498 | PA      | $1127170.17   | 0.04%             | 2033-09-26      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| EquipmentShare                       | OWN Equipment Fund I LLC                                                         | CUSIP: 69121NAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2211250 | PA      | $2244897.20   | 0.07%             | 2032-12-20      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES               | PNC Financial Services Group Inc/The                                             | CUSIP: 693475BU8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   3750000 | PA      | $4245853.24   | 0.13%             | 2034-10-20      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Palmer Square Loan Funding Ltd       | Palmer Square Loan Funding 2022-4 Ltd                                            | CUSIP: 69702YAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $6001987.80   | 0.19%             | 2031-07-24      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| PEACHTREE FUND TRUST II              | Peachtree Corners Funding Trust II                                               | CUSIP: 70470BAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8300000 | PA      | $8767558.34   | 0.27%             | 2035-05-15      | Fixed         | 6.01%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                 | Royal Bank of Canada                                                             | CUSIP: 780082AT0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   6550000 | PA      | $6404676.46   | 0.20%             | 2084-11-24      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust               | SLM Student Loan Trust 2004-3                                                    | CUSIP: 78442GLL8<br>LEI: 549300YK6GOQU7FJ5N55 | Long             | ABS-MBS          | CORP              | US        |    842112 | PA      | $831323.88    | 0.03%             | 2064-10-25      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| SMBC AVIATION CAPITAL FI             | SMBC Aviation Capital Finance DAC                                                | CUSIP: 78448TAP7<br>LEI: 549300OD7VKRVNWB2J98 | Long             | DBT              | CORP              | IE        |   7400000 | PA      | $7405767.86   | 0.23%             | 2035-11-26      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru       | SMB Private Education Loan Trust 2021-A                                          | CUSIP: 78448YAK7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    416508 | PA      | $411885.04    | 0.01%             | 2053-01-15      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru       | SMB Private Education Loan Trust 2018-C                                          | CUSIP: 78449QAB3<br>LEI: 549300V1P5RKG8RJI005 | Long             | ABS-O            | CORP              | US        |    234518 | PA      | $231914.82    | 0.01%             | 2035-11-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| SEMPRA                               | Sempra                                                                           | CUSIP: 816851BM0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2950746.00   | 0.09%             | 2052-04-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| SEMPRA                               | Sempra                                                                           | CUSIP: 816851BS7<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1960043.80   | 0.06%             | 2054-10-01      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Small Business Administration        | SBA Small Business Investment Cos                                                | CUSIP: 831641FX8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   8950543 | PA      | $9076529.46   | 0.28%             | 2034-03-10      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru       | SMB Private Education Loan Trust 2017-B                                          | CUSIP: 83189DAB6<br>LEI: 549300NWENTZ8X7JUC78 | Long             | ABS-O            | CORP              | US        |    132665 | PA      | $132009.50    | 0.00%             | 2035-10-15      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru       | SMB Private Education Loan Trust 2022-B                                          | CUSIP: 83206NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6531406 | PA      | $6385100.90   | 0.20%             | 2055-02-16      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELEC POWER              | Southwestern Electric Power Co                                                   | CUSIP: 845437BU5<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2364162.07   | 0.07%             | 2033-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP             | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MEA4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |   7300000 | PA      | $7480658.28   | 0.23%             | 2036-07-08      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                     | T-Mobile USA Inc                                                                 | CUSIP: 87264ACV5<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3097317.54   | 0.10%             | 2033-01-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                     | T-Mobile USA Inc                                                                 | CUSIP: 87264ACY9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   7200000 | PA      | $7349476.10   | 0.23%             | 2033-07-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| UPG HI Issuer Trust                  | UPG HI 2025-2 Issuer Trust                                                       | CUSIP: 90321EAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2502225.75   | 0.08%             | 2047-09-25      | Fixed         | 5.00%                 | 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        |   7490824 | PA      | $7851681.98   | 0.24%             | 2036-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810RJ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13000000 | PA      | $10057734.44  | 0.31%             | 2044-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810RT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7550000 | PA      | $4970908.22   | 0.15%             | 2046-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810RZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2000000 | PA      | $1425390.62   | 0.04%             | 2047-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810SZ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  30000000 | PA      | $17194921.80  | 0.54%             | 2051-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810TD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  16500000 | PA      | $10016660.12  | 0.31%             | 2052-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810TT5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  34000000 | PA      | $30108593.92  | 0.94%             | 2053-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 91282CKQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  23000000 | PA      | $23508964.93  | 0.73%             | 2034-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL HEALTH SVCS                | Universal Health Services Inc                                                    | CUSIP: 913903AW0<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2737150.26   | 0.09%             | 2030-10-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL HEALTH SVCS                | Universal Health Services Inc                                                    | CUSIP: 913903BB5<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |   7200000 | PA      | $7240082.69   | 0.23%             | 2029-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC BORROWER            | Hilton Grand Vacations Borrower LLC                                              | CUSIP: 43283LAH4<br>LEI: 254900HF0EZ734FDVY79 | Long             | LON              | CORP              | US        |      9438 | PA      | $9475.57      | 0.00%             | 2028-08-02      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| IMA FINANCIAL GROUP                  | IMA Financial Group Inc                                                          | CUSIP: 44966KAB1<br>LEI: 549300ACX5KO3W14VI97 | Long             | LON              | CORP              | US        |  10822670 | PA      | $10862442.99  | 0.34%             | 2028-11-01      | Floating      | 6.72%                 | No            |                  2 | On Loan: No      |
| Husky Injection Molding Systems Ltd. | Husky Injection Molding Systems Ltd., Senior Secured First Lien Term Loan        | CUSIP: C8856UAE8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5508548 | PA      | $5557133.10   | 0.17%             | 2029-02-15      | Floating      | 7.59%                 | No            |                  2 | On Loan: No      |
| STUBHUB HOLDCO SUB LLC               | StubHub Holdco Sub LLC                                                           | CUSIP: 74530DAH8<br>LEI: 549300NL9JUFIOARLW93 | Long             | LON              | CORP              | US        |   4750000 | PA      | $4717343.75   | 0.15%             | 2030-03-15      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINME                | Six Flags Entertainment Corp                                                     | CUSIP: 15018LAN1<br>LEI: 529900AS2CYWYFHRS781 | Long             | LON              | CORP              | US        |   2429058 | PA      | $2405265.39   | 0.07%             | 2031-05-01      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| KAMAN CORP                           | Kaman Corp                                                                       | CUSIP: 48354VAM4<br>LEI: 5493003YK076OLTEQF95 | Long             | LON              | CORP              | US        |   1440558 | PA      | $1448128.50   | 0.05%             | 2032-02-26      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| PRIMO BRANDS CORP                    | Primo Brands Corp                                                                | CUSIP: 89678QAD8<br>LEI: 254900J0WS4AXV2LAX55 | Long             | LON              | CORP              | US        |   2493719 | PA      | $2503705.93   | 0.08%             | 2028-03-31      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                  | Medline Borrower LP                                                              | CUSIP: 58503UAH6<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |   8415592 | PA      | $8450053.96   | 0.26%             | 2028-10-23      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| PEER USA LLC                         | Peer USA LLC                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  10000000 | PA      | $10031250.00  | 0.31%             | 2032-09-29      | Floating      | 6.19%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                       | Amazon.com Inc                                                                   | CUSIP: 023135CW4<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |   5650000 | PA      | $5518534.39   | 0.17%             | 2055-11-20      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                 | Bank of America Corp                                                             | CUSIP: 06051GMD8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  15000000 | PA      | $15370474.65  | 0.48%             | 2035-10-25      | Variable      | 5.52%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                        | Boeing Co/The                                                                    | CUSIP: 097023DT9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    700000 | PA      | $786714.86    | 0.02%             | 2054-05-01      | Fixed         | 6.86%                 | No            |                  2 | On Loan: No      |
| BURFORD CAPITAL GLBL FIN             | Burford Capital Global Finance LLC                                               | CUSIP: 12116LAG4<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |   5150000 | PA      | $4920882.73   | 0.15%             | 2033-07-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| COLONIAL ENTERPRISES INC             | Colonial Enterprises Inc                                                         | CUSIP: 19565CAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6063789.48   | 0.19%             | 2035-11-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY OHIO INC                 | Duke Energy Ohio Inc                                                             | CUSIP: 26442EAK6<br>LEI: L6KC0HABGHNFU1Z6QY21 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2978231.46   | 0.09%             | 2053-04-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                          | Freddie Mac Pool                                                                 | CUSIP: 3132DWHG1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3068501 | PA      | $3121423.92   | 0.10%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 3140XNKL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7292169 | PA      | $6766005.69   | 0.21%             | 2052-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 3140XPLG2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5462526 | PA      | $4840414.02   | 0.15%             | 2053-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 31418FCS4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  21175223 | PA      | $21876791.06  | 0.68%             | 2044-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GULFSTREAM NATURAL GAS               | Gulfstream Natural Gas System LLC                                                | CUSIP: 402740AG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3250000 | PA      | $3339059.52   | 0.10%             | 2035-07-23      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                  | JPMorgan Chase & Co                                                              | CUSIP: 46647PCU8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1836055.42   | 0.06%             | 2033-01-25      | Variable      | 2.96%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                  | JPMorgan Chase & Co                                                              | CUSIP: 46647PEX0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4722998.58   | 0.15%             | 2036-04-22      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                 | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VBB5<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |   4245000 | PA      | $4255042.99   | 0.13%             | 2035-05-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: —       |
| LPL HOLDINGS INC                     | LPL Holdings Inc                                                                 | CUSIP: 50212YAQ7<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   4350000 | PA      | $4480238.09   | 0.14%             | 2035-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC             | Lloyds Banking Group PLC                                                         | CUSIP: 539439BF5<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   6400000 | PA      | $6392728.96   | 0.20%             | 2035-09-27      | Variable      | 6.62%                 | No            |                  2 | On Loan: —       |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810RQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3500000 | PA      | $2438378.92   | 0.08%             | 2046-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810TA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  22000000 | PA      | $14852148.52  | 0.46%             | 2041-08-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810TB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10500000 | PA      | $5807402.37   | 0.18%             | 2051-11-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810TZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19500000 | PA      | $18871582.08  | 0.59%             | 2044-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Velocity Commercial Capital Lo       | Velocity Commercial Capital Loan Trust 2025-5                                    | CUSIP: 92262KAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1600000 | PA      | $1606588.16   | 0.05%             | 2055-12-25      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                | Wells Fargo & Co                                                                 | CUSIP: 95000U3K7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  13825000 | PA      | $14432560.64  | 0.45%             | 2035-01-23      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| INDICOR LLC                          | Indicor LLC                                                                      | CUSIP: 77669LAK9<br>LEI: 254900RXO1EICEHOLG29 | Long             | LON              | CORP              | US        |   7656950 | PA      | $7711965.25   | 0.24%             | 2029-11-23      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| KAMAN CORP                           | Kaman Corp                                                                       | CUSIP: 48354VAM4<br>LEI: 5493003YK076OLTEQF95 | Long             | LON              | CORP              | US        |   1194554 | PA      | $1200831.42   | 0.04%             | 2032-02-26      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| KAMAN CORP                           | Kaman Corp                                                                       | CUSIP: 48354VAM4<br>LEI: 5493003YK076OLTEQF95 | Long             | LON              | CORP              | US        |    546355 | PA      | $549225.93    | 0.02%             | 2032-02-26      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| KAMAN CORP                           | Kaman Corp                                                                       | CUSIP: 48354VAN2<br>LEI: 5493003YK076OLTEQF95 | Long             | LON              | CORP              | US        |    689490 | PA      | $693112.92    | 0.02%             | 2032-02-26      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                     | LPL Holdings Inc                                                                 | CUSIP: 50212YAP9<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |  11985000 | PA      | $12228642.23  | 0.38%             | 2030-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| MVW Owner Trust                      | MVW 2024-2 LLC                                                                   | CUSIP: 55389QAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1434553 | PA      | $1437334.52   | 0.04%             | 2042-03-20      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| MARS INC                             | Mars Inc                                                                         | CUSIP: 571676BC8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2492100.38   | 0.08%             | 2055-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                       | Morgan Stanley                                                                   | CUSIP: 61748UAF9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   4800000 | PA      | $5017761.89   | 0.16%             | 2036-01-18      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust           | Navient Private Education Refi Loan Trust 2019-E                                 | CUSIP: 63941MAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    265269 | PA      | $261533.37    | 0.01%             | 2068-05-15      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust           | Navient Private Education Refi Loan Trust 2020-E                                 | CUSIP: 63941TAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7166907 | PA      | $6779605.23   | 0.21%             | 2069-05-15      | Fixed         | 1.69%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                         | UBS Group AG                                                                     | CUSIP: 902613BK3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   9450000 | PA      | $10227234.15  | 0.32%             | 2031-04-12      | Variable      | 7.75%                 | 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        |   9075813 | PA      | $8782244.01   | 0.27%             | 2030-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC               | UnitedHealth Group Inc                                                           | CUSIP: 91324PFM9<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |   5350000 | PA      | $5227533.95   | 0.16%             | 2064-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC               | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 004961AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3620883.00   | 0.11%             | 2032-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Aimco                                | AIMCO CLO Series 2018-B                                                          | CUSIP: 00900PAQ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7000000 | PA      | $7026375.30   | 0.22%             | 2037-04-16      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                       | Amazon.com Inc                                                                   | CUSIP: 023135CV6<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |   5400000 | PA      | $5380272.99   | 0.17%             | 2035-11-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 16-2 AA PTT             | American Airlines 2016-2 Class AA Pass Through Trust                             | CUSIP: 023765AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4583064 | PA      | $4485709.21   | 0.14%             | 2028-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER              | American Electric Power Co Inc                                                   | CUSIP: 025537AX9<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   4700000 | PA      | $4939705.41   | 0.15%             | 2033-03-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: —       |
| AMERICAN INTERNATIONAL               | American International Group Inc                                                 | CUSIP: 026874DX2<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |   9920000 | PA      | $10337496.20  | 0.32%             | 2035-05-07      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust             | Angel Oak Mortgage Trust 2025-2                                                  | CUSIP: 03466QAA1<br>LEI: 254900DKH168ZWJSMI96 | Long             | ABS-MBS          | CORP              | US        |   9540597 | PA      | $9635199.68   | 0.30%             | 2070-02-25      | Variable      | 5.64%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD                   | Athene Holding Ltd                                                               | CUSIP: 04686JAL5<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |   8150000 | PA      | $8306949.68   | 0.26%             | 2055-05-19      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ATLAS WAREHOUSE LEND                 | Atlas Warehouse Lending Co LP                                                    | CUSIP: 049463AG7<br>LEI: 25490068J12A1HV7YM70 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7027012.86   | 0.22%             | 2030-11-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP               | Aviation Capital Group LLC                                                       | CUSIP: 05369AAT8<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |   6800000 | PA      | $6806207.11   | 0.21%             | 2030-10-24      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD             | Avolon Holdings Funding Ltd                                                      | CUSIP: 05401ABC4<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   6000000 | PA      | $5946763.20   | 0.19%             | 2032-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BAE SYSTEMS PLC                      | BAE Systems PLC                                                                  | CUSIP: 05523RAL1<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |   7550000 | PA      | $7821155.23   | 0.24%             | 2034-03-26      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                          | BNP Paribas SA                                                                   | CUSIP: 05602XQR2<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   6200000 | PA      | $6229493.40   | 0.19%             | 2033-12-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER MEXICO               | Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand | CUSIP: 05969BAF0<br>LEI: SCRYQ25DTVRHYYMM6P89 | Long             | DBT              | CORP              | MX        |   6400000 | PA      | $6665600.00   | 0.21%             | 2029-12-10      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                          | BNP Paribas SA                                                                   | CUSIP: 09659W3A0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |  12000000 | PA      | $12608497.92  | 0.39%             | 2033-01-13      | Variable      | 5.79%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                          | Freddie Mac Pool                                                                 | CUSIP: 3132DWD67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  14882032 | PA      | $13196655.93  | 0.41%             | 2052-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                          | Freddie Mac Pool                                                                 | CUSIP: 3132DWJL8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  11909948 | PA      | $12104772.25  | 0.38%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 3140XJQC0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5864476 | PA      | $5941845.22   | 0.19%             | 2052-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 3140XML79<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  14460241 | PA      | $15031601.95  | 0.47%             | 2053-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 31418EU99<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4650778 | PA      | $4732051.63   | 0.15%             | 2053-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 31418FDH7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  17567576 | PA      | $17901304.66  | 0.56%             | 2044-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 31418FF44<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  12088757 | PA      | $12267085.91  | 0.38%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 31418FMJ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9016383 | PA      | $9147282.91   | 0.29%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust/F       | Ford Credit Auto Owner Trust 2024-REV1                                           | CUSIP: 34533BAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9975000 | PA      | $10236415.82  | 0.32%             | 2036-08-15      | Variable      | 4.87%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC             | Ford Motor Credit Co LLC                                                         | CUSIP: 345397B77<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   2225000 | PA      | $2203971.04   | 0.07%             | 2026-08-10      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II              | GLP Capital LP / GLP Financing II Inc                                            | CUSIP: 361841AU3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3850000 | PA      | $3831579.52   | 0.12%             | 2054-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| GS Mortgage-Backed Securities        | GS Mortgage-Backed Securities Trust 2025-NQM2                                    | CUSIP: 36272EAA2<br>LEI: 254900WJFO182DZH8M35 | Long             | ABS-MBS          | CORP              | US        |   2985105 | PA      | $3017995.85   | 0.09%             | 2065-06-25      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| Greensky Home Improvement Issu       | GreenSky Home Improvement Issuer Trust 2025-2                                    | CUSIP: 39571VAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2100000 | PA      | $2130436.77   | 0.07%             | 2060-06-25      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd             | Neuberger Berman Loan Advisers Clo 43 Ltd                                        | CUSIP: 64134AAL6<br>LEI: 549300N83MM16HCONB28 | Long             | ABS-CBDO         | CORP              | KY        |   4500000 | PA      | $4508780.40   | 0.14%             | 2036-07-17      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                      | Nordea Bank Abp                                                                  | CUSIP: 65558RAQ2<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |   8800000 | PA      | $9059151.20   | 0.28%             | 2033-11-10      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL LIFE             | Northwestern Mutual Life Insurance Co/The                                        | CUSIP: 668138AF7<br>LEI: 1DU7IM20QESYGDO4HO54 | Long             | DBT              | CORP              | US        |   8300000 | PA      | $8816787.80   | 0.27%             | 2055-05-29      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC             | OBX 2025-NQM2 Trust                                                              | CUSIP: 67120VAA3<br>LEI: 2549006BC0G3YEF5SL09 | Long             | ABS-MBS          | CORP              | US        |  10298770 | PA      | $10398210.31  | 0.32%             | 2064-11-25      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY              | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JCU6<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7285285.58   | 0.23%             | 2054-06-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN             | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAH2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |  12000000 | PA      | $11840361.60  | 0.37%             | 2028-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust       | Pagaya AI Debt Grantor Trust 2025-1                                              | CUSIP: 69544NAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    899923 | PA      | $902651.82    | 0.03%             | 2032-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES              | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BW1<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   4000000 | PA      | $4090576.16   | 0.13%             | 2031-09-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru       | SMB Private Education Loan Trust 2024-F                                          | CUSIP: 83207VAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8826644 | PA      | $8942371.18   | 0.28%             | 2054-03-16      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810TV0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  22900000 | PA      | $22487621.15  | 0.70%             | 2053-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 91282CJJ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  36000000 | PA      | $37179140.76  | 1.16%             | 2033-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 91282CNF4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2775000 | PA      | $2811909.66   | 0.09%             | 2032-05-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC               | UnitedHealth Group Inc                                                           | CUSIP: 91324PFJ6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5122964.90   | 0.16%             | 2034-07-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Velocity Commercial Capital Lo       | Velocity Commercial Capital Loan Trust 2025-1                                    | CUSIP: 922955AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2366662 | PA      | $2397251.13   | 0.07%             | 2055-02-25      | Variable      | 6.03%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE               | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8081000 | PA      | $8068429.92   | 0.25%             | 2029-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| POLARIS NEWCO LLC                    | Polaris Newco LLC                                                                | CUSIP: 73108RAB4<br>LEI: 254900LEPDAG7EDOA064 | Long             | LON              | CORP              | US        |   3898477 | PA      | $3768385.02   | 0.12%             | 2028-06-05      | Floating      | 7.85%                 | No            |                  2 | On Loan: No      |
| PROAMPAC PG BORROWER LLC             | Proampac PG Borrower LLC                                                         | CUSIP: 74274NAL7<br>LEI: 549300ZI6LTXYFEY1578 | Long             | LON              | CORP              | US        |   3219679 | PA      | $3230383.94   | 0.10%             | 2028-09-15      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| EPICOR SOFTWARE CORP                 | Epicor Software Corp                                                             | CUSIP: 29426NAZ7<br>LEI: JGNXVGGGXR4O1L5I7S73 | Long             | LON              | CORP              | US        |   8715980 | PA      | $8754330.21   | 0.27%             | 2031-05-30      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| ORYX MIDSTREAM SERVICES              | Oryx Midstream Services Permian Basin LLC                                        | CUSIP: 68764JAJ0<br>LEI: 254900YYHRDANYFAHC43 | Long             | LON              | CORP              | US        |   2144599 | PA      | $2162763.31   | 0.07%             | 2028-10-05      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR US NEWCO INC             | TK Elevator US Newco Inc                                                         | CUSIP: N/A<br>LEI: 549300C2AFWPAYWS5574       | Long             | LON              | CORP              | US        |   2534830 | PA      | $2553473.42   | 0.08%             | 2030-04-30      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART               | Brixmor Operating Partnership LP                                                 | CUSIP: 11120BAA5<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7883284.05   | 0.25%             | 2035-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BROADSTREET PARTNERS INC             | Broadstreet Partners Group LLC                                                   | CUSIP: 11132VAY5<br>LEI: 549300BS9N54G8DD0R75 | Long             | LON              | CORP              | US        |   4533034 | PA      | $4553228.54   | 0.14%             | 2031-06-16      | Floating      | 6.47%                 | No            |                  2 | On Loan: No      |
| AES CORP/THE                         | AES Corp/The                                                                     | CUSIP: 00130HCM5<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |  11900000 | PA      | $12210727.09  | 0.38%             | 2032-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA             | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MBQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   8100000 | PA      | $8386561.80   | 0.26%             | 2056-01-31      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| AGREE LP                             | Agree LP                                                                         | CUSIP: 008513AF0<br>LEI: 549300DXY3G299V1BO77 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2100039.40   | 0.07%             | 2035-06-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Aimco                                | AIMCO CLO 10 Ltd                                                                 | CUSIP: 00901AAS6<br>LEI: 5493004I93856WYBB035 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5019800.00   | 0.16%             | 2037-07-22      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE             | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 05962GAJ8<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |   1324000 | PA      | $1362844.85   | 0.04%             | 2028-01-10      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                   | Banco Santander SA                                                               | CUSIP: 05971KAS8<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   8600000 | PA      | $8600300.23   | 0.27%             | 2035-11-06      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt       | Benefit Street Partners CLO XXV Ltd                                              | CUSIP: 08186YAL8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $999941.50    | 0.03%             | 2035-01-15      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| CBRE SERVICES INC                    | CBRE Services Inc                                                                | CUSIP: 12505BAL4<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2311892.29   | 0.07%             | 2033-01-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                      | CVS Health Corp                                                                  | CUSIP: 126650EA4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   2650000 | PA      | $2570625.48   | 0.08%             | 2063-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                   | Energy Transfer LP                                                               | CUSIP: 226373AT5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2077975.58   | 0.06%             | 2031-02-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO                      | DTE Electric Co                                                                  | CUSIP: 23338VAY2<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |   4250000 | PA      | $4370513.21   | 0.14%             | 2035-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS NC              | Duke Energy Progress NC Storm Funding LLC                                        | CUSIP: 26444BAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5350000 | PA      | $4602467.40   | 0.14%             | 2037-07-01      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                   | Energy Transfer LP                                                               | CUSIP: 292480AJ9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3483092.92   | 0.11%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P       | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137HAMB9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1515034.80   | 0.05%             | 2033-07-25      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 3140XKHB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4412670 | PA      | $4383310.77   | 0.14%             | 2050-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 31418E7B0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4273677 | PA      | $4391776.32   | 0.14%             | 2054-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 31418EVA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  16778772 | PA      | $17270092.37  | 0.54%             | 2053-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 31418FEA1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  45118147 | PA      | $42835067.67  | 1.33%             | 2054-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FISERV INC                           | Fiserv Inc                                                                       | CUSIP: 337738BN7<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |  11275000 | PA      | $11191873.48  | 0.35%             | 2034-08-12      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A       | Ginnie Mae II Pool                                                               | CUSIP: 36179YHT4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5977844 | PA      | $6104808.80   | 0.19%             | 2053-10-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II              | GLP Capital LP / GLP Financing II Inc                                            | CUSIP: 361841AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1506663.00   | 0.05%             | 2033-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GM Financial Revolving Receiva       | GM Financial Revolving Receivables Trust 2024-1                                  | CUSIP: 36269KAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2055650.80   | 0.06%             | 2036-12-11      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| HIGH STREET FD TRUST III             | High Street Funding Trust III                                                    | CUSIP: 42981FAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8050000 | PA      | $8025414.25   | 0.25%             | 2055-02-15      | Fixed         | 5.81%                 | No            |                  2 | On Loan: —       |
| Hudson Yards                         | Hudson Yards 2025-SPRL Mortgage Trust                                            | CUSIP: 44855PAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3500000 | PA      | $3631737.20   | 0.11%             | 2040-01-13      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                  | JPMorgan Chase & Co                                                              | CUSIP: 46647PDY9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4398771.00   | 0.14%             | 2034-10-23      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| KEYSPAN GAS EAST CORP                | KeySpan Gas East Corp                                                            | CUSIP: 49338CAC7<br>LEI: K8TS3HOE1568DUBUJL44 | Long             | DBT              | CORP              | US        |   2850000 | PA      | $1909467.54   | 0.06%             | 2052-01-18      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| MPLX LP                              | MPLX LP                                                                          | CUSIP: 55336VBT6<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1472080.37   | 0.05%             | 2052-03-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| MPLX LP                              | MPLX LP                                                                          | CUSIP: 55336VBX7<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |  12000000 | PA      | $12247893.48  | 0.38%             | 2034-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MSCI INC                             | MSCI Inc                                                                         | CUSIP: 55354GAR1<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |   4250000 | PA      | $4279615.96   | 0.13%             | 2035-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                          | MetLife Inc                                                                      | CUSIP: 59156RCQ9<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   2950000 | PA      | $3112633.50   | 0.10%             | 2055-03-15      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP               | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822DQ4<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |   8350000 | PA      | $8486884.39   | 0.26%             | 2036-09-12      | Variable      | 5.19%                 | No            |                  2 | On Loan: —       |
| MORGAN STANLEY                       | Morgan Stanley                                                                   | CUSIP: 61747YEF8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  14150000 | PA      | $12447653.97  | 0.39%             | 2036-09-16      | Variable      | 2.48%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC             | OBX 2025-NQM1 Trust                                                              | CUSIP: 673914AC1<br>LEI: 2549007E8KF1RJ2ZV866 | Long             | ABS-MBS          | CORP              | US        |   4244999 | PA      | $4282887.60   | 0.13%             | 2064-12-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| Palmer Square Loan Funding Ltd       | Palmer Square Loan Funding 2024-1 Ltd                                            | CUSIP: 69703NAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5950000 | PA      | $5957820.68   | 0.19%             | 2032-10-15      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru       | SMB Private Education Loan Trust 2018-A                                          | CUSIP: 78449PAB5<br>LEI: 549300QHI21JZK7YIR34 | Long             | ABS-O            | CORP              | US        |    523981 | PA      | $519406.40    | 0.02%             | 2036-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru       | SMB Private Education Loan Trust 2019-A                                          | CUSIP: 78449TAB7<br>LEI: 549300WEYOS38NWU8D22 | Long             | ABS-O            | CORP              | US        |    370527 | PA      | $366981.72    | 0.01%             | 2036-07-15      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru       | SMB Private Education Loan Trust 2023-C                                          | CUSIP: 83207DAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3609944 | PA      | $3716859.53   | 0.12%             | 2052-11-15      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810SP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6500000 | PA      | $3197568.34   | 0.10%             | 2050-08-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810TJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14000000 | PA      | $10032148.42  | 0.31%             | 2052-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 91282CNT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4000000 | PA      | $4029375.00   | 0.13%             | 2035-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                 | Verizon Master Trust                                                             | CUSIP: 92348KDJ9<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   6000000 | PA      | $6063561.60   | 0.19%             | 2032-08-20      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                   | VICI Properties LP                                                               | CUSIP: 925650AD5<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2417383.68   | 0.08%             | 2032-05-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                   | VICI Properties LP                                                               | CUSIP: 925650AH6<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7094639.65   | 0.22%             | 2031-11-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO             | Virginia Electric and Power Co                                                   | CUSIP: 927804GS7<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |   7550000 | PA      | $7324974.89   | 0.23%             | 2054-08-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC             | Vistra Operations Co LLC                                                         | CUSIP: 92840VAU6<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4131528.00   | 0.13%             | 2034-12-30      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| WEIR GROUP INC                       | Weir Group Inc                                                                   | CUSIP: 94877DAA2<br>LEI: 2138009WEPEV2V98AV65 | Long             | DBT              | CORP              | US        |   5925000 | PA      | $6090486.55   | 0.19%             | 2030-05-06      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                | Wells Fargo & Co                                                                 | CUSIP: 95000U3N1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    850000 | PA      | $868692.57    | 0.03%             | 2035-12-03      | Variable      | 5.21%                 | No            |                  2 | On Loan: No      |
| WILLIS NORTH AMERICA INC             | Willis North America Inc                                                         | CUSIP: 970648AQ4<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4001901.60   | 0.12%             | 2036-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| AVOLON TLB BORROWER 1 US             | Avolon TLB Borrower 1 US LLC                                                     | CUSIP: 05400KAJ9<br>LEI: 635400O84AGITYFZQB55 | Long             | LON              | CORP              | US        |   6925519 | PA      | $6974482.04   | 0.22%             | 2030-06-24      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| WHATABRANDS LLC                      | Whatabrands LLC                                                                  | CUSIP: 96244UAJ6<br>LEI: 254900HMMX4HTWIP0085 | Long             | LON              | CORP              | US        |  11009861 | PA      | $11051313.45  | 0.34%             | 2028-08-03      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| KAMAN CORP                           | Kaman Corp                                                                       | CUSIP: 48354VAM4<br>LEI: 5493003YK076OLTEQF95 | Long             | LON              | CORP              | US        |   1639064 | PA      | $1647677.77   | 0.05%             | 2032-02-26      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| KAMAN CORP                           | Kaman Corp                                                                       | CUSIP: 48354VAM4<br>LEI: 5493003YK076OLTEQF95 | Long             | LON              | CORP              | US        |    481796 | PA      | $484327.98    | 0.02%             | 2032-02-26      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| KAMAN CORP                           | Kaman Corp                                                                       | CUSIP: 48354VAM4<br>LEI: 5493003YK076OLTEQF95 | Long             | LON              | CORP              | US        |    398554 | PA      | $400648.64    | 0.01%             | 2032-02-26      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                  | Medline Borrower LP                                                              | CUSIP: 58503UAJ2<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |   3241875 | PA      | $3257581.88   | 0.10%             | 2030-10-23      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Allied Universal Holdco LLC          | Allied Universal Holdco LLC, Senior Secured First Lien Term Loan                 | CUSIP: 01957TAX5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3500000 | PA      | $3522417.50   | 0.11%             | 2032-08-20      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER              | American Electric Power Co Inc                                                   | CUSIP: 02557TAE9<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |  10050000 | PA      | $9981714.67   | 0.31%             | 2056-03-15      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust             | Angel Oak Mortgage Trust 2025-4                                                  | CUSIP: 034935AA4<br>LEI: 254900VBIBOATGC48K85 | Long             | ABS-MBS          | CORP              | US        |   8045371 | PA      | $8148270.81   | 0.25%             | 2070-04-25      | Variable      | 5.86%                 | No            |                  2 | On Loan: No      |
| ATLAS WAREHOUSE LEND                 | Atlas Warehouse Lending Co LP                                                    | CUSIP: 049463AE2<br>LEI: 25490068J12A1HV7YM70 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5266934.95   | 0.16%             | 2030-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BBVA MEX BANCA GRUPO TX              | BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX     | CUSIP: 07336UAB9<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |   7000000 | PA      | $7577416.00   | 0.24%             | 2039-01-08      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus       | Bravo Residential Funding Trust Series 2025-NQM1                                 | CUSIP: 10569MAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  13072312 | PA      | $13191685.94  | 0.41%             | 2064-12-25      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO             | Capital One Financial Corp                                                       | CUSIP: 14040HDJ1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |  10600000 | PA      | $11069036.11  | 0.34%             | 2036-01-30      | Variable      | 6.18%                 | No            |                  2 | On Loan: —       |
| Citicorp Homeowners, Inc.            | CHI Commercial Mortgage Trust 2025-SFT                                           | CUSIP: 16706GAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8725000 | PA      | $8952397.93   | 0.28%             | 2042-04-15      | Variable      | 5.48%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                   | Credit Agricole SA                                                               | CUSIP: 22535WAN7<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   4000000 | PA      | $4221688.68   | 0.13%             | 2036-01-09      | Variable      | 5.86%                 | No            |                  2 | On Loan: No      |
| EASTERN ENERGY GAS                   | Eastern Energy Gas Holdings LLC                                                  | CUSIP: 27636AAA0<br>LEI: 549300BFOD6TDMVV4O24 | Long             | DBT              | CORP              | US        |   6100000 | PA      | $5905935.03   | 0.18%             | 2054-10-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                    | HSBC Holdings PLC                                                                | CUSIP: 404280EX3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   5000000 | PA      | $5283464.15   | 0.16%             | 2036-05-13      | Variable      | 5.79%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Trust         | Hilton Grand Vacations Trust 2024-2                                              | CUSIP: 43283JAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1737580 | PA      | $1770327.71   | 0.06%             | 2038-03-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP             | Host Hotels & Resorts LP                                                         | CUSIP: 44107TBB1<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6216030.66   | 0.19%             | 2034-07-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC             | Lloyds Banking Group PLC                                                         | CUSIP: 539439BE8<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $525941.40    | 0.02%             | 2036-06-13      | Variable      | 6.07%                 | No            |                  2 | On Loan: No      |
| MARS INC                             | Mars Inc                                                                         | CUSIP: 571676BA2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   7100000 | PA      | $7300182.37   | 0.23%             | 2035-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| MASS MUTUAL LIFE INS CO              | Massachusetts Mutual Life Insurance Co                                           | CUSIP: 575767AT5<br>LEI: R6ZXK5P01NP6HXSY1S07 | Long             | DBT              | CORP              | US        |   4700000 | PA      | $4541509.66   | 0.14%             | 2052-12-01      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| NVENT FINANCE SARL                   | nVent Finance Sarl                                                               | CUSIP: 67078AAE3<br>LEI: 549300KO1OQ4MVFB6X02 | Long             | DBT              | CORP              | LU        |   4300000 | PA      | $3881700.82   | 0.12%             | 2031-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                            | Block Inc                                                                        | CUSIP: 852234AP8<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4703200.50   | 0.15%             | 2031-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 91282CLF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  18500000 | PA      | $18219248.07  | 0.57%             | 2034-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 91282CMM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  49300000 | PA      | $51184377.14  | 1.59%             | 2035-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 91282CNC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15040000 | PA      | $15168074.92  | 0.47%             | 2035-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CORELOGIC INC                        | CoreLogic Inc                                                                    | CUSIP: 21870FBA6<br>LEI: 54930086CD8K2UIL0516 | Long             | LON              | CORP              | US        |   8804244 | PA      | $8824229.29   | 0.27%             | 2028-06-02      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                 | Chart Industries Inc                                                             | CUSIP: 16115EAT4<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | LON              | CORP              | US        |   3844231 | PA      | $3867315.53   | 0.12%             | 2030-03-18      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE                            | CommScope LLC                                                                    | CUSIP: N/A<br>LEI: 549300Z6K4JXMFE8QY54       | Long             | LON              | CORP              | US        |  10849997 | PA      | $10884499.55  | 0.34%             | 2029-12-17      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                | HUB International Ltd                                                            | CUSIP: 44332EAZ9<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |   8366077 | PA      | $8418909.27   | 0.26%             | 2030-06-20      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                   | Banco Santander SA                                                               | CUSIP: 05971KAR0<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   8050000 | PA      | $8060532.70   | 0.25%             | 2030-11-06      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE             | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 05971PAD0<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |   9700000 | PA      | $10197125.19  | 0.32%             | 2031-05-20      | Variable      | 8.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                 | Bank of America Corp                                                             | CUSIP: 06051GKC2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  10350000 | PA      | $9085820.88   | 0.28%             | 2036-09-21      | Variable      | 2.48%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                  | Bank of Nova Scotia/The                                                          | CUSIP: 0641598X7<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  10000000 | PA      | $10406320.00  | 0.32%             | 2085-04-27      | Variable      | 7.35%                 | No            |                  2 | On Loan: No      |
| Basswood Park CLO Ltd                | Basswood Park CLO Ltd                                                            | CUSIP: 070252AL5<br>LEI: 5493005HSAGIQZIVAS94 | Long             | ABS-CBDO         | CORP              | KY        |   3125000 | PA      | $3134346.88   | 0.10%             | 2034-04-20      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus       | BRAVO Residential Funding Trust 2024-NQM5                                        | CUSIP: 105925AA9<br>LEI: 254900RBHU9OC1RNXD92 | Long             | ABS-MBS          | CORP              | US        |    816045 | PA      | $823608.18    | 0.03%             | 2064-06-25      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus       | Bravo Residential Funding Trust 2025-Nqm3                                        | CUSIP: 105927AC1<br>LEI: 254900KREJHICFBDC014 | Long             | ABS-MBS          | CORP              | US        |   6163810 | PA      | $6220811.96   | 0.19%             | 2065-03-25      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| Carval CLO LTD                       | CarVal CLO VI-C Ltd                                                              | CUSIP: 14686FAA6<br>LEI: 254900QBAWTE1ZDDLS52 | Long             | ABS-CBDO         | CORP              | JE        |   4000000 | PA      | $4003693.60   | 0.12%             | 2034-04-21      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC               | CenterPoint Energy Inc                                                           | CUSIP: 15189TBP1<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |   9000000 | PA      | $9274617.00   | 0.29%             | 2055-05-15      | Variable      | 6.70%                 | 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        |   4500000 | PA      | $3204773.69   | 0.10%             | 2041-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                        | Citigroup Inc                                                                    | CUSIP: 172967PU9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   3400000 | PA      | $3562545.87   | 0.11%             | 2036-01-24      | Variable      | 6.02%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                   | Credit Agricole SA                                                               | CUSIP: 225313AT2<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   6400000 | PA      | $6667852.80   | 0.21%             | 2035-09-23      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                      | Danske Bank A/S                                                                  | CUSIP: 23636ABL4<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |   8600000 | PA      | $8557211.82   | 0.27%             | 2031-09-12      | Variable      | 4.42%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORP                      | Fair Isaac Corp                                                                  | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |   5960000 | PA      | $6140778.72   | 0.19%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                          | Freddie Mac Pool                                                                 | CUSIP: 3132DWHV8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2257029 | PA      | $2349146.93   | 0.07%             | 2053-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                          | Freddie Mac Pool                                                                 | CUSIP: 3132DWNU3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   9342072 | PA      | $8869298.87   | 0.28%             | 2055-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 3140QVLH5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8393125 | PA      | $8699352.42   | 0.27%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 3140XGAC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5117506 | PA      | $4897785.73   | 0.15%             | 2043-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 31418EW48<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2682837 | PA      | $2762074.32   | 0.09%             | 2053-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC             | Ford Motor Credit Co LLC                                                         | CUSIP: 345397ZW6<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1725000 | PA      | $1723075.40   | 0.05%             | 2026-08-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| WRANGLER HOLDCO CORP                 | Wrangler Holdco Corp                                                             | CUSIP: 37441QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4200000 | PA      | $4413246.60   | 0.14%             | 2032-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC              | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GD43<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $6951720.93   | 0.22%             | 2036-10-21      | Variable      | 4.94%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust             | JP Morgan Mortgage Trust Series 2025-NQM1                                        | CUSIP: 46593QAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4068185 | PA      | $4107042.29   | 0.13%             | 2065-06-25      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust           | Navient Private Education Refi Loan Trust 2022-A                                 | CUSIP: 63942MAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7512821 | PA      | $6884500.55   | 0.21%             | 2070-07-15      | Fixed         | 2.23%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust           | Navient Student Loan Trust 2021-1                                                | CUSIP: 63942NAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    997514 | PA      | $852376.53    | 0.03%             | 2069-12-26      | Fixed         | 1.31%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust            | Nelnet Student Loan Trust 2025-D                                                 | CUSIP: 639931AA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4100000 | PA      | $4076691.09   | 0.13%             | 2054-08-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                         | NiSource Inc                                                                     | CUSIP: 65473PAQ8<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5166689.00   | 0.16%             | 2034-04-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL LIFE             | Northwestern Mutual Life Insurance Co/The                                        | CUSIP: 668138AA8<br>LEI: 1DU7IM20QESYGDO4HO54 | Long             | DBT              | CORP              | US        |   4600000 | PA      | $3578152.87   | 0.11%             | 2047-09-30      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| OCP Aegis CLO Ltd                    | OCP Aegis CLO 2023-29 Ltd                                                        | CUSIP: 67118BAQ6<br>LEI: 2138009EGVOGD3J5GI42 | Long             | ABS-CBDO         | CORP              | JE        |   2750000 | PA      | $2756535.10   | 0.09%             | 2036-01-20      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC             | OBX 2025-NQM3 Trust                                                              | CUSIP: 67448YAC8<br>LEI: 254900MBGY6CR10DAX67 | Long             | ABS-MBS          | CORP              | US        |   7977598 | PA      | $8061986.60   | 0.25%             | 2064-12-01      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Issuance Tru       | OneMain Financial Issuance Trust 2022-S1                                         | CUSIP: 68267HAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1236975 | PA      | $1236176.03   | 0.04%             | 2035-05-14      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                           | PacifiCorp                                                                       | CUSIP: 695114DF2<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |   5850000 | PA      | $5966923.95   | 0.19%             | 2055-09-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| Palmer Square Loan Funding Ltd       | Palmer Square Loan Funding 2024-2 Ltd                                            | CUSIP: 69703RAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  12700000 | PA      | $12700824.23  | 0.40%             | 2033-01-15      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| PIEDMONT NATURAL GAS CO              | Piedmont Natural Gas Co Inc                                                      | CUSIP: 720186AP0<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1565743.34   | 0.05%             | 2052-05-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru       | SMB Private Education Loan Trust                                                 | CUSIP: 78449XAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    834174 | PA      | $785857.54    | 0.02%             | 2053-07-15      | Fixed         | 1.29%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru       | SMB Private Education Loan Trust 2021-E                                          | CUSIP: 78450MAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1202485 | PA      | $1146456.28   | 0.04%             | 2051-02-15      | Fixed         | 1.68%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru       | SMB Private Education Loan Trust 2024-A                                          | CUSIP: 831943AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5815204 | PA      | $5917112.59   | 0.18%             | 2056-03-15      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2019-1 AA PTT             | United Airlines 2019-1 Class AA Pass Through Trust                               | CUSIP: 90931CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    793074 | PA      | $780438.30    | 0.02%             | 2031-08-25      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2019-2 A PTT              | United Airlines 2019-2 Class A Pass Through Trust                                | CUSIP: 90932MAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1015397 | PA      | $973632.88    | 0.03%             | 2028-05-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810SN9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9000000 | PA      | $4311210.96   | 0.13%             | 2050-05-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810SR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14500000 | PA      | $9205800.75   | 0.29%             | 2040-05-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810TG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9500000 | PA      | $6640908.22   | 0.21%             | 2052-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810TM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11500000 | PA      | $10544287.10  | 0.33%             | 2042-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810UK2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  18000000 | PA      | $17692031.16  | 0.55%             | 2055-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 91282CHT1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  34000000 | PA      | $33725078.04  | 1.05%             | 2033-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 91282CJZ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  30000000 | PA      | $29913281.40  | 0.93%             | 2034-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 91282CLM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9000000 | PA      | $8911757.79   | 0.28%             | 2031-09-30      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 91282CLW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  48500000 | PA      | $49020049.01  | 1.53%             | 2034-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 91282CNK3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15000000 | PA      | $15114550.80  | 0.47%             | 2030-06-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 91282CPJ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  42300000 | PA      | $41695241.98  | 1.30%             | 2035-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                | Wells Fargo & Co                                                                 | CUSIP: 95000U3D3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   4450000 | PA      | $4631318.14   | 0.14%             | 2034-04-24      | Variable      | 5.39%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                | Wells Fargo & Co                                                                 | CUSIP: 95000U3V3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2201912.94   | 0.07%             | 2036-04-23      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| PROAMPAC PG BORROWER LLC             | Proampac PG Borrower LLC                                                         | CUSIP: 74274NAL7<br>LEI: 549300ZI6LTXYFEY1578 | Long             | LON              | CORP              | US        |   4118705 | PA      | $4132399.83   | 0.13%             | 2028-09-15      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| GRANT THORNTON ADVISORS              | Grant Thornton Advisors LLC                                                      | CUSIP: 38821UAD2<br>LEI: 254900XS1SHU0YY3WF58 | Long             | LON              | CORP              | US        |   7565427 | PA      | $7589106.32   | 0.24%             | 2031-05-30      | Floating      | 6.47%                 | No            |                  2 | On Loan: No      |
| COLOSSUS ACQUIRECO LLC               | COLOSSUS ACQUIRECO LLC, Senior Secured First Lien Term Loan                      | CUSIP: 19682LAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  11850000 | PA      | $11855332.50  | 0.37%             | 2032-07-30      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| AT&T INC                             | AT&T Inc                                                                         | CUSIP: 00206RKB7<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   4550000 | PA      | $3137225.82   | 0.10%             | 2060-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ALLIANZ SE                           | Allianz SE                                                                       | CUSIP: 018820AE0<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |   3400000 | PA      | $3543248.80   | 0.11%             | 2033-10-30      | Variable      | 6.55%                 | No            |                  2 | On Loan: —       |
| AMER AIRLINE 21-1B PTT               | American Airlines 2021-1 Class B Pass Through Trust                              | CUSIP: 02376LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    949000 | PA      | $916792.55    | 0.03%             | 2030-07-11      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust             | Angel Oak Mortgage Trust 2025-3                                                  | CUSIP: 03466RAA9<br>LEI: 254900U85BAJNPG0MG65 | Long             | ABS-MBS          | CORP              | US        |   7420496 | PA      | $7475157.19   | 0.23%             | 2070-03-25      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| ASPEN INSURANCE HLDG LTD             | Aspen Insurance Holdings Ltd                                                     | CUSIP: 04530DAE2<br>LEI: 549300YX6HECG9XQCQ75 | Long             | DBT              | CORP              | BM        |   3378000 | PA      | $3524353.37   | 0.11%             | 2030-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                          | BNP Paribas SA                                                                   | CUSIP: 05602XQQ4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   3300000 | PA      | $3454763.40   | 0.11%             | 2035-06-27      | Variable      | 7.45%                 | No            |                  2 | On Loan: No      |
| BPCE SA                              | BPCE SA                                                                          | CUSIP: 056121AB2<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   6500000 | PA      | $6818927.77   | 0.21%             | 2036-05-28      | Variable      | 6.03%                 | No            |                  2 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC              | Booz Allen Hamilton Inc                                                          | CUSIP: 09951LAA1<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4909966.10   | 0.15%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BRITISH AIR 19-1 A PTT               | British Airways 2019-1 Class A Pass Through Trust                                | CUSIP: 11043XAB9<br>LEI: 635400GSHSFIWYIDXC76 | Long             | DBT              | CORP              | US        |   7833387 | PA      | $7625735.14   | 0.24%             | 2029-06-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART               | Brixmor Operating Partnership LP                                                 | CUSIP: 11120VAM5<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2376522.84   | 0.07%             | 2034-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                    | Brown & Brown Inc                                                                | CUSIP: 115236AM3<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |   6050000 | PA      | $6207343.38   | 0.19%             | 2035-06-23      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                      | CVS Health Corp                                                                  | CUSIP: 126650EK2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |  11225000 | PA      | $11494251.04  | 0.36%             | 2035-09-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                        | Citigroup Inc                                                                    | CUSIP: 172967QA2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   4850000 | PA      | $4955571.45   | 0.15%             | 2031-05-07      | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                        | Citigroup Inc                                                                    | CUSIP: 172967QJ3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |   2375000 | PA      | $2414619.25   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| COMCAST CORP                         | Comcast Corp                                                                     | CUSIP: 20030NEQ0<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   3525000 | PA      | $3485503.43   | 0.11%             | 2055-05-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: —       |
| DTE ENERGY CO                        | DTE Energy Co                                                                    | CUSIP: 233331BL0<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |   6700000 | PA      | $7148564.80   | 0.22%             | 2034-06-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: —       |
| Dryden Senior Loan Fund              | Dryden 55 CLO Ltd                                                                | CUSIP: 26245MAJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002999.60   | 0.03%             | 2031-04-15      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund              | Dryden 64 CLO Ltd                                                                | CUSIP: 26251LAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1600000 | PA      | $1601089.60   | 0.05%             | 2031-04-18      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                   | Energy Transfer LP                                                               | CUSIP: 29273VBA7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   5700000 | PA      | $5868918.30   | 0.18%             | 2034-09-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINL HLDGS LTD               | Fairfax Financial Holdings Ltd                                                   | CUSIP: 303901BX9<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |   3325000 | PA      | $3459947.98   | 0.11%             | 2035-05-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                          | Freddie Mac Pool                                                                 | CUSIP: 3132DWF57<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2997982 | PA      | $3003771.21   | 0.09%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                          | Freddie Mac Pool                                                                 | CUSIP: 3132DWG98<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4583931 | PA      | $4666151.12   | 0.15%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                          | Freddie Mac Pool                                                                 | CUSIP: 3132DWLV3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2966963 | PA      | $3084111.63   | 0.10%             | 2054-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                          | Freddie Mac Pool                                                                 | CUSIP: 3142J6A60<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  13360433 | PA      | $13722509.25  | 0.43%             | 2055-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Flatiron CLO Ltd                     | Flatiron CLO 28 Ltd                                                              | CUSIP: 33884EAQ4<br>LEI: 254900U51J2X527SRJ56 | Long             | ABS-CBDO         | CORP              | KY        |   3450000 | PA      | $3449175.11   | 0.11%             | 2036-07-15      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC             | Ford Motor Credit Co LLC                                                         | CUSIP: 345397A86<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   6100000 | PA      | $6053134.01   | 0.19%             | 2027-08-17      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                | Foundry JV Holdco LLC                                                            | CUSIP: 350930AA1<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   5600000 | PA      | $5756272.65   | 0.18%             | 2034-01-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                     | Georgia Power Co                                                                 | CUSIP: 373334KW0<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4130991.48   | 0.13%             | 2034-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Greensky Home Improvement Issu       | GreenSky Home Improvement Issuer Trust 2025-1                                    | CUSIP: 39571NAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1033524 | PA      | $1049793.85   | 0.03%             | 2060-03-25      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust             | JP Morgan Mortgage Trust Series 2024-NQM1                                        | CUSIP: 465983AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3197762 | PA      | $3225699.23   | 0.10%             | 2064-02-25      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                     | Kilroy Realty LP                                                                 | CUSIP: 49427RAT9<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4522854.11   | 0.14%             | 2035-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| KITE REALTY GROUP LP                 | Kite Realty Group LP                                                             | CUSIP: 49803XAF0<br>LEI: 549300X6R2GYI8Y3OD81 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10179391.60  | 0.32%             | 2031-12-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| KITE REALTY GROUP LP                 | Kite Realty Group LP                                                             | CUSIP: 49803XAG8<br>LEI: 549300X6R2GYI8Y3OD81 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1740514.13   | 0.05%             | 2032-08-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| KYNDRYL HOLDINGS INC                 | Kyndryl Holdings Inc                                                             | CUSIP: 50155QAL4<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |   6500000 | PA      | $5936153.93   | 0.18%             | 2031-10-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC             | Liberty Mutual Group Inc                                                         | CUSIP: 53079EBL7<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |   3650000 | PA      | $2435856.41   | 0.08%             | 2061-02-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Mosaic Solar Loans LLC               | Mosaic Solar Loan Trust 2025-1                                                   | CUSIP: 61945HAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2798723 | PA      | $2812281.32   | 0.09%             | 2050-08-22      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust           | Navient Student Loan Trust 2020-2                                                | CUSIP: 63942HAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1817372 | PA      | $1609200.47   | 0.05%             | 2069-08-26      | Fixed         | 1.32%                 | No            |                  2 | On Loan: No      |
| NEVADA POWER CO                      | Nevada Power Co                                                                  | CUSIP: 641423CF3<br>LEI: MJZFGXRJ52U8U4MKJ519 | Long             | DBT              | CORP              | US        |   2950000 | PA      | $2971442.99   | 0.09%             | 2053-05-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                         | NiSource Inc                                                                     | CUSIP: 65473PAR6<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   4850000 | PA      | $5073473.45   | 0.16%             | 2054-11-30      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC             | OBX 2025-NQM16 Trust                                                             | CUSIP: 67122DAC7<br>LEI: 254900WI6P4MRT24JH23 | Long             | ABS-MBS          | CORP              | US        |   9190010 | PA      | $9202777.66   | 0.29%             | 2065-08-25      | Variable      | 4.91%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                            | ONEOK Inc                                                                        | CUSIP: 682680DB6<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7034418.02   | 0.22%             | 2032-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                          | Oracle Corp                                                                      | CUSIP: 68389XDM4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   9450000 | PA      | $9057256.77   | 0.28%             | 2035-09-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| PRKCM Trust                          | PRKCM 2025-HOME1                                                                 | CUSIP: 69382FAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8123151 | PA      | $8186403.06   | 0.26%             | 2060-02-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| PG&E ENERGY RECOVERY FND             | PG&E Energy Recovery Funding LLC                                                 | CUSIP: 71710TAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2039986.44   | 0.06%             | 2036-01-15      | Fixed         | 2.28%                 | No            |                  2 | On Loan: No      |
| QUANTA SERVICES INC                  | Quanta Services Inc                                                              | CUSIP: 74762EAL6<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |   5200000 | PA      | $5333945.60   | 0.17%             | 2034-08-09      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC               | Roper Technologies Inc                                                           | CUSIP: 776696AJ5<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4990846.25   | 0.16%             | 2034-10-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru       | SMB Private Education Loan Trust 2022-C                                          | CUSIP: 78449CAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1607325 | PA      | $1603998.80   | 0.05%             | 2050-05-16      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| Service Experts Issuer               | Service Experts Issuer 2025-1 LLC                                                | CUSIP: 81758JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1115278 | PA      | $1116445.21   | 0.03%             | 2037-01-20      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TD SYNNEX CORP                       | TD SYNNEX Corp                                                                   | CUSIP: 87162WAN0<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |   7300000 | PA      | $7231865.01   | 0.23%             | 2035-10-10      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| TIAA CLO Ltd                         | TIAA CLO IV Ltd                                                                  | CUSIP: 88631YAQ0<br>LEI: 5493000Q4E256SBMCY29 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2001024.20   | 0.06%             | 2032-01-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| US BANK MMDA - USBGFS 9              | US BANK MMDA - USBGFS 9                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |  58496794 | NS      | $58496793.77  | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS GROUP AG                         | UBS Group AG                                                                     | CUSIP: 902613BN7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   3500000 | PA      | $3593009.00   | 0.11%             | 2029-09-10      | Variable      | 6.85%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                         | UBS Group AG                                                                     | CUSIP: 902613BQ0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   4250000 | PA      | $4420958.76   | 0.14%             | 2036-05-09      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810RS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3000000 | PA      | $2081718.75   | 0.06%             | 2046-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810TW8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $5002148.45   | 0.16%             | 2043-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810UF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  27000000 | PA      | $26466328.26  | 0.82%             | 2044-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| VSP OPTICAL GROUP INC                | VSP Optical Group Inc                                                            | CUSIP: 91836LAA0<br>LEI: 549300PHX8USLM2BT742 | Long             | DBT              | CORP              | US        |   5150000 | PA      | $5186220.72   | 0.16%             | 2035-12-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| VENTAS REALTY LP                     | Ventas Realty LP                                                                 | CUSIP: 92277GBC0<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |   3100000 | PA      | $3081068.05   | 0.10%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS               | Verizon Communications Inc                                                       | CUSIP: 92343VHG2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   8250000 | PA      | $8183157.68   | 0.25%             | 2036-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS               | Verizon Communications Inc                                                       | CUSIP: 92343VHJ6<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   4100000 | PA      | $4053626.75   | 0.13%             | 2055-11-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UKG INC                              | UKG Inc                                                                          | CUSIP: 89841EAB1<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |   8866797 | PA      | $8886348.07   | 0.28%             | 2031-02-10      | Floating      | 6.34%                 | No            |                  2 | On Loan: No      |
| CENTRAL PARENT LLC                   | Central Parent LLC                                                               | CUSIP: 15477BAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   8934812 | PA      | $7597181.32   | 0.24%             | 2029-07-06      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| BROADSTREET PARTNERS INC             | Broadstreet Partners Group LLC                                                   | CUSIP: 11132VAY5<br>LEI: 549300BS9N54G8DD0R75 | Long             | LON              | CORP              | US        |    405900 | PA      | $407708.00    | 0.01%             | 2031-06-16      | Floating      | 6.47%                 | No            |                  2 | On Loan: No      |
| FRONERI US INC                       | Froneri US Inc                                                                   | CUSIP: G3679YAK8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1044223 | PA      | $1044990.67   | 0.03%             | 2031-09-30      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE                            | CommScope LLC                                                                    | CUSIP: N/A<br>LEI: 549300Z6K4JXMFE8QY54       | Long             | LON              | CORP              | US        |         3 | PA      | $3.45         | 0.00%             | 2029-12-17      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| KAMAN CORP                           | Kaman Corp                                                                       | CUSIP: 48354VAM4<br>LEI: 5493003YK076OLTEQF95 | Long             | LON              | CORP              | US        |    399520 | PA      | $401619.23    | 0.01%             | 2032-02-26      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR US NEWCO INC             | TK Elevator US Newco Inc                                                         | CUSIP: N/A<br>LEI: 549300C2AFWPAYWS5574       | Long             | LON              | CORP              | US        |   2353789 | PA      | $2371100.82   | 0.07%             | 2030-04-30      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| CHARIOT BUYER LLC                    | Chariot Buyer LLC                                                                | CUSIP: 15963CAE6<br>LEI: 25490092IFNOZBRVE539 | Long             | LON              | CORP              | US        |  11726004 | PA      | $11763879.07  | 0.37%             | 2032-09-08      | Floating      | 6.47%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust           | Navient Private Education Refi Loan Trust 2020-F                                 | CUSIP: 63941XAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    328626 | PA      | $311228.55    | 0.01%             | 2069-07-15      | Fixed         | 1.22%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                          | Oracle Corp                                                                      | CUSIP: 68389XCV5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   8500000 | PA      | $6790772.32   | 0.21%             | 2064-09-27      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HCA INC                              | HCA Inc                                                                          | CUSIP: 404119DH9<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   2350000 | PA      | $2241199.96   | 0.07%             | 2055-11-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                     | Hewlett Packard Enterprise Co                                                    | CUSIP: 42824CBV0<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |   5050000 | PA      | $5007391.74   | 0.16%             | 2034-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust             | Angel Oak Mortgage Trust 2025-7                                                  | CUSIP: 03466TAA5<br>LEI: 254900QTRHHMG5RQ9X60 | Long             | ABS-MBS          | CORP              | US        |   7333177 | PA      | $7410478.92   | 0.23%             | 2070-06-25      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE             | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 05971PAC2<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |   2001000 | PA      | $2129721.19   | 0.07%             | 2030-10-14      | Variable      | 8.38%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                   | Energy Transfer LP                                                               | CUSIP: 29273VAY6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2315568.04   | 0.07%             | 2034-05-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP               | Extra Space Storage LP                                                           | CUSIP: 30225VAS6<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |   5800000 | PA      | $5966384.66   | 0.19%             | 2034-02-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                          | Freddie Mac Pool                                                                 | CUSIP: 3132DWER0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  45220666 | PA      | $43181232.91  | 1.35%             | 2052-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 3140QVQZ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9830690 | PA      | $10002403.44  | 0.31%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 31418EJ50<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  11097612 | PA      | $10580796.64  | 0.33%             | 2052-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 31418FEN3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4326655 | PA      | $4470016.47   | 0.14%             | 2044-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC              | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GA95<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   4900000 | PA      | $5211319.39   | 0.16%             | 2035-04-25      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| HCA INC                              | HCA Inc                                                                          | CUSIP: 404119DF3<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   3850000 | PA      | $3798897.14   | 0.12%             | 2035-11-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| LHOME Mortgage Trust                 | LHOME Mortgage Trust 2025-RTL1                                                   | CUSIP: 50205UAA9<br>LEI: 5299002NGIWITLMXOH85 | Long             | ABS-MBS          | CORP              | US        |   3500000 | PA      | $3525235.00   | 0.11%             | 2040-01-25      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| MVW Owner Trust                      | MVW 2023-1 LLC                                                                   | CUSIP: 62848PAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    752929 | PA      | $759942.10    | 0.02%             | 2040-10-20      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| Husky Injection Molding Systems Ltd. | Husky Injection Molding Systems Ltd., Senior Secured First Lien Term Loan        | CUSIP: C8856UAE8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5508548 | PA      | $5557133.10   | 0.17%             | 2029-02-15      | Floating      | 7.47%                 | No            |                  2 | On Loan: No      |
| 1011778 BC ULC                       | 1011778 BC ULC                                                                   | CUSIP: C6901LAM9<br>LEI: 549300RHSHNRWI5LLA86 | Long             | LON              | CORP              | CA        |   5877718 | PA      | $5892411.79   | 0.18%             | 2030-09-23      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| FRONERI US INC                       | Froneri US Inc                                                                   | CUSIP: G3679YAK8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3926499 | PA      | $3929385.26   | 0.12%             | 2031-09-30      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P       | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137HDVA5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  26400000 | PA      | $27399509.28  | 0.85%             | 2031-05-25      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 31418E7C8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3549214 | PA      | $3689531.43   | 0.11%             | 2054-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 31418ET75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  17667655 | PA      | $18186366.08  | 0.57%             | 2053-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 31418EWA4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2991506 | PA      | $3113636.04   | 0.10%             | 2053-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 31418FNF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9614986 | PA      | $9126117.02   | 0.28%             | 2055-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Flagship Credit Auto Trust           | Flagship Credit Auto Trust 2023-3                                                | CUSIP: 33846BAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4775000 | PA      | $4784330.35   | 0.15%             | 2029-07-16      | Fixed         | 5.64%                 | 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: 46590XAY2<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    727000 | PA      | $759960.73    | 0.02%             | 2033-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MPLX LP                              | MPLX LP                                                                          | CUSIP: 55336VBW9<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   4850000 | PA      | $4508173.31   | 0.14%             | 2053-03-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust           | Navient Private Education Refi Loan Trust 2020-B                                 | CUSIP: 63941GAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2037754 | PA      | $1954004.32   | 0.06%             | 2069-01-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810TX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  24800000 | PA      | $22428500.00  | 0.70%             | 2054-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 91282CFF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  27000000 | PA      | $25172753.94  | 0.78%             | 2032-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 91282CGM7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19439453.20  | 0.61%             | 2033-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                           | PacifiCorp                                                                       | CUSIP: 695114DC9<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7210556.22   | 0.22%             | 2031-02-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE             | Plains All American Pipeline LP / PAA Finance Corp                               | CUSIP: 72650RBS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9500000 | PA      | $9615335.70   | 0.30%             | 2036-01-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Trust         | Hilton Grand Vacations Trust 2024-3                                              | CUSIP: 43283NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    794319 | PA      | $801843.73    | 0.02%             | 2040-08-27      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC LLC/INC             | Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower Inc        | CUSIP: 43284MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1943975.80   | 0.06%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                  | JPMorgan Chase & Co                                                              | CUSIP: 46647PEK8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10320355.90  | 0.32%             | 2035-07-22      | Variable      | 5.29%                 | No            |                  2 | On Loan: No      |
| JBS USA SARL/FOOD/GRP                | JBS USA LUX Sarl / JBS USA Food Co / JBS USA Foods Group                         | CUSIP: 472140AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7600000 | PA      | $7998913.28   | 0.25%             | 2035-04-20      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                     | Kilroy Realty LP                                                                 | CUSIP: 49427RAS1<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |   5300000 | PA      | $5481740.50   | 0.17%             | 2036-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MVW 2020-1 LLC                       | MVW 2020-1 LLC                                                                   | CUSIP: 55400EAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    102148 | PA      | $97341.50     | 0.00%             | 2037-10-20      | Fixed         | 1.74%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                       | Morgan Stanley                                                                   | CUSIP: 61747YFR1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10630665.00  | 0.33%             | 2035-04-19      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                       | Morgan Stanley                                                                   | CUSIP: 61747YGA7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   3900000 | PA      | $4096151.01   | 0.13%             | 2036-04-17      | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust           | Navient Private Education Refi Loan Trust 2023-A                                 | CUSIP: 638961AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6098242 | PA      | $6244094.59   | 0.19%             | 2071-10-15      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust           | Navient Private Education Refi Loan Trust 2020-H                                 | CUSIP: 63935BAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    449151 | PA      | $424324.89    | 0.01%             | 2069-01-15      | Fixed         | 1.31%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust           | Navient Private Education Refi Loan Trust 2020-C                                 | CUSIP: 63941KAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    296411 | PA      | $286085.71    | 0.01%             | 2068-11-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust           | Navient Private Education Refi Loan Trust 2020-G                                 | CUSIP: 63941UAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    262305 | PA      | $242559.35    | 0.01%             | 2069-09-16      | Fixed         | 1.17%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust           | Navient Private Education Refi Loan Trust 2021-A                                 | CUSIP: 63942BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    343676 | PA      | $315685.45    | 0.01%             | 2069-05-15      | Fixed         | 0.84%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust           | Navient Private Education Refi Loan Trust 2022-B                                 | CUSIP: 63942PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10660208 | PA      | $10488315.95  | 0.33%             | 2070-10-15      | Fixed         | 4.16%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC             | OBX 2025-NQM10 Trust                                                             | CUSIP: 67121LAA4<br>LEI: 254900NDJVO62R77II89 | Long             | ABS-MBS          | CORP              | US        |   4305396 | PA      | $4343600.41   | 0.14%             | 2065-05-25      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| PIEDMONT OPERATING PARTN             | Piedmont Operating Partnership LP                                                | CUSIP: 720198AK6<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              | CORP              | US        |   7700000 | PA      | $7782972.43   | 0.24%             | 2033-01-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| RWE FINANCE US LLC                   | RWE Finance US LLC                                                               | CUSIP: 749983AC6<br>LEI: 529900J7MYLKI84UP772 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5968608.72   | 0.19%             | 2035-09-18      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| SEMPRA                               | Sempra                                                                           | CUSIP: 816851BT5<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   5850000 | PA      | $5953454.33   | 0.19%             | 2054-10-01      | Variable      | 6.40%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Loan Extended Note       | Toyota Auto Loan Extended Note Trust 2025-1                                      | CUSIP: 891950AA5<br>LEI: 254900QVX5SBHB37FT67 | Long             | ABS-O            | CORP              | US        |   3550000 | PA      | $3616491.15   | 0.11%             | 2038-05-25      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                      | United States Treasury Note/Bond                                                 | CUSIP: 912810UD8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12000000 | PA      | $11017031.28  | 0.34%             | 2044-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC               | Venture Global LNG Inc                                                           | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | EP               | CORP              | US        |   5000000 | PA      | $3952303.50   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS               | Verizon Communications Inc                                                       | CUSIP: 92343VGK4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3135942.08   | 0.10%             | 2041-03-22      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                        | TransDigm Inc                                                                    | CUSIP: 89364MCA0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |  12609560 | PA      | $12671157.94  | 0.39%             | 2031-02-28      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| Kaman Corporation                    | Kaman Corporation, Senior Secured First Lien Term Loan                           | CUSIP: 48354VAM4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1191667 | PA      | $1197929.37   | 0.04%             | 2032-02-26      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| ROCKET COS INC                       | Rocket Cos Inc                                                                   | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3325000 | PA      | $3438895.02   | 0.11%             | 2030-08-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru       | SMB Private Education Loan Trust 2018-B                                          | CUSIP: 78449LAB4<br>LEI: 549300INMCHM7L5O6M41 | Long             | ABS-O            | CORP              | US        |    158864 | PA      | $157672.97    | 0.00%             | 2037-01-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| SLG Office Trust                     | SLG Office Trust 2021-OVA                                                        | CUSIP: 78449RAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1010000 | PA      | $904080.19    | 0.03%             | 2041-07-15      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| BPCE SA                              | BPCE SA                                                                          | CUSIP: 05571ABA2<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   6500000 | PA      | $6941226.76   | 0.22%             | 2036-01-14      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                 | Bank of America Corp                                                             | CUSIP: 06051GKL2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $6593963.88   | 0.21%             | 2037-03-08      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus       | BRAVO Residential Funding Trust 2025-NQM4                                        | CUSIP: 10570QAE1<br>LEI: 25490082TY9NA9XBGW19 | Long             | ABS-MBS          | CORP              | US        |   6069135 | PA      | $6138164.40   | 0.19%             | 2065-02-25      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                            | Block Inc                                                                        | CUSIP: 852234AN3<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3978177.20   | 0.12%             | 2026-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                        | Boeing Co/The                                                                    | CUSIP: 097023DS1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   5250000 | PA      | $5810228.08   | 0.18%             | 2034-05-01      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| BRITISH AIR 19-1 AA PTT              | British Airways 2019-1 Class AA Pass Through Trust                               | CUSIP: 11043XAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4557424 | PA      | $4312461.76   | 0.13%             | 2032-12-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                        | Citigroup Inc                                                                    | CUSIP: 17327CAU7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3023119.11   | 0.09%             | 2039-09-19      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| AMER AIRLN 15-2 AA PTT               | American Airlines 2015-2 Class AA Pass Through Trust                             | CUSIP: 02377BAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4179351 | PA      | $4141848.81   | 0.13%             | 2027-09-22      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 19-1AA PTT              | American Airlines 2019-1 Class AA Pass Through Trust                             | CUSIP: 02377LAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1593962 | PA      | $1509968.24   | 0.05%             | 2032-02-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| AmeriCredit Automobile Receiva       | AmeriCredit Automobile Receivables Trust 2021-3                                  | CUSIP: 03066JAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1806903 | PA      | $1795463.41   | 0.06%             | 2027-08-18      | Fixed         | 1.41%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust             | Angel Oak Mortgage Trust 2025-1                                                  | CUSIP: 034934AA7<br>LEI: 254900HC0S1X9R2JZB30 | Long             | ABS-MBS          | CORP              | US        |   9185811 | PA      | $9295366.86   | 0.29%             | 2070-01-25      | Variable      | 5.69%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR             | Anheuser-Busch InBev Worldwide Inc                                               | CUSIP: 03523TBU1<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5181797.65   | 0.16%             | 2039-01-23      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO              | Arthur J Gallagher & Co                                                          | CUSIP: 04316JAN9<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |   4200000 | PA      | $4246668.34   | 0.13%             | 2035-02-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP             | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BY9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1193564.70   | 0.04%             | 2061-04-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                        | Citigroup Inc                                                                    | CUSIP: 172967QH7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   4650000 | PA      | $4695506.90   | 0.15%             | 2036-09-11      | Variable      | 5.17%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                     | COLT 2024-1 Mortgage Loan Trust                                                  | CUSIP: 19688TAA3<br>LEI: 2138001HZNOLT1K3WY73 | Long             | ABS-MBS          | CORP              | US        |   3790885 | PA      | $3820007.73   | 0.12%             | 2069-02-25      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                   | Credit Agricole SA                                                               | CUSIP: 22535WAS6<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   7350000 | PA      | $7343124.15   | 0.23%             | 2033-09-25      | Variable      | 4.82%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                           | Fannie Mae Pool                                                                  | CUSIP: 3140W0VT9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9209538 | PA      | $9210241.43   | 0.29%             | 2055-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - SCRT                   | Seasoned Credit Risk Transfer Trust Series 2025-1                                | CUSIP: 35563PYZ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  25850659 | PA      | $22513375.15  | 0.70%             | 2064-11-25      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A       | Ginnie Mae II Pool                                                               | CUSIP: 36179X5J1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2870227 | PA      | $2943195.39   | 0.09%             | 2053-06-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A       | Ginnie Mae II Pool                                                               | CUSIP: 36179XBR6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  13813674 | PA      | $12436779.43  | 0.39%             | 2052-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A       | Ginnie Mae II Pool                                                               | CUSIP: 36179XHX7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  16269908 | PA      | $15485881.61  | 0.48%             | 2052-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A       | Ginnie Mae II Pool                                                               | CUSIP: 36179XNH5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3614898 | PA      | $3715547.91   | 0.12%             | 2052-12-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II              | GLP Capital LP / GLP Financing II Inc                                            | CUSIP: 361841AR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8700000 | PA      | $7894370.43   | 0.25%             | 2032-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC              | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GB78<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   6350000 | PA      | $6386247.51   | 0.20%             | 2035-10-23      | Variable      | 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        |   6050000 | PA      | $6282637.20   | 0.20%             | 2036-01-28      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC              | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GC93<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   4900000 | PA      | $5061953.18   | 0.16%             | 2031-04-23      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                    | HSBC Holdings PLC                                                                | CUSIP: 404280EV7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   2100000 | PA      | $2188529.70   | 0.07%             | 2031-08-27      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| HEICO CORP                           | HEICO Corp                                                                       | CUSIP: 422806AB5<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | DBT              | CORP              | US        |   8400000 | PA      | $8725271.77   | 0.27%             | 2033-08-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP             | Host Hotels & Resorts LP                                                         | CUSIP: 44107TBA3<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2719514.52   | 0.08%             | 2031-12-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| NATIONAL GRID PLC                    | National Grid PLC                                                                | CUSIP: 636274AE2<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | DBT              | CORP              | GB        |   3950000 | PA      | $4210360.10   | 0.13%             | 2033-06-12      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust           | Navient Private Education Loan Trust 2020-A                                      | CUSIP: 63941FAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    325521 | PA      | $315471.39    | 0.01%             | 2068-11-15      | Fixed         | 2.46%                 | No            |                  2 | On Loan: No      |
| Navient Education Loan Trust         | Navient Education Loan Trust 2025-A                                              | CUSIP: 63943EAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1263205 | PA      | $1277501.07   | 0.04%             | 2055-07-15      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Pretium Mortgage Credit Partne       | PRET 2025-RPL1 Trust                                                             | CUSIP: 69392FAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4944224 | PA      | $4846210.39   | 0.15%             | 2069-07-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PG&E RECOVERY FND LLC                | PG&E Recovery Funding LLC                                                        | CUSIP: 71710TAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  12000000 | PA      | $12030027.84  | 0.37%             | 2049-06-01      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| PHILLIPS EDISON GROCERY              | Phillips Edison Grocery Center Operating Partnership I LP                        | CUSIP: 71845JAC2<br>LEI: 549300WUPIVS6ZE0ZI51 | Long             | DBT              | CORP              | US        |   9000000 | PA      | $8904800.43   | 0.28%             | 2035-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ROCC Trust                           | ROCK Trust 2024-CNTR                                                             | CUSIP: 74970WAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5156000 | PA      | $5301645.66   | 0.17%             | 2041-11-13      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| Redaptive EAAS Issuer, LLC           | REDAPTIVE EAAS ISSUER 2025-1 LLC                                                 | CUSIP: 757204AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1650000 | PA      | $1654090.02   | 0.05%             | 2042-03-25      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru       | SMB Private Education Loan Trust 2021-A                                          | CUSIP: 78448YAJ0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1940651 | PA      | $1749827.66   | 0.05%             | 2053-01-15      | Fixed         | 1.07%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru       | SMB Private Education Loan Trust 2020-A                                          | CUSIP: 78449UAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1761993 | PA      | $1711902.24   | 0.05%             | 2037-09-15      | Fixed         | 2.23%                 | No            |                  2 | On Loan: No      |
| Small Business Administration        | SBA Small Business Investment Cos                                                | CUSIP: 831641GA7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   3000000 | PA      | $3002705.10   | 0.09%             | 2035-09-10      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| Social Professional Loan Progr       | SoFi Professional Loan Program 2020-ATrust                                       | CUSIP: 83406TAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    620140 | PA      | $601566.52    | 0.02%             | 2046-05-15      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| TEXAS ELECTRIC MKT STABL             | Texas Electric Market Stabilization Funding N LLC                                | CUSIP: 88240TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1551003 | PA      | $1547773.36   | 0.05%             | 2034-08-01      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                | Toronto-Dominion Bank/The                                                        | CUSIP: 89116C4H7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   8400000 | PA      | $8549780.40   | 0.27%             | 2085-10-31      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                 | Westpac Banking Corp                                                             | CUSIP: 961214FW8<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |   9700000 | PA      | $10024841.26  | 0.31%             | 2035-11-20      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| REALPAGE INC                         | RealPage Inc                                                                     | CUSIP: 75605VAD4<br>LEI: 5493001RSFZX4122A604 | Long             | LON              | CORP              | US        |   4737630 | PA      | $4739454.20   | 0.15%             | 2028-04-24      | Floating      | 7.26%                 | No            |                  2 | On Loan: No      |
| SKYMILES IP LTD                      | SkyMiles IP Ltd                                                                  | CUSIP: 24736CBT0<br>LEI: 2549008L7P4I8VB90936 | Long             | LON              | CORP              | KY        |   6000000 | PA      | $6060750.00   | 0.19%             | 2028-10-20      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| DAWN BIDCO LLC                       | Dawn Bidco LLC                                                                   | CUSIP: 23923YAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   8250000 | PA      | $8235315.00   | 0.26%             | 2032-10-07      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Trust                  | GS Financial Square Government Fund                                              | CUSIP: 38141W273<br>LEI: 549300BRJMXN4GUWZ402 | Long             | STIV             | RF                | US        |  46181030 | NS      | $46181029.90  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-25

**Name of Applicant:** Aristotle Fund Series Trust

**Signature:** /s/ Josh Schwab

**Name of Signer:** Aristotle Fund Series Trust

**Title:** Treasurer