# EDGAR Filing Document

**Accession Number:** 0000810893
**File Stem:** 0001099263-25-004446
**Filing Date:** 2025-11
**Character Count:** 327969
**Document Hash:** 67b0fa2086e80e93ba8feb2d2b32499c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-25-004446.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0001099263-25-004446

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIMCO FUNDS
- **CENTRAL INDEX KEY:** 0000810893

**ORGANIZATION NAME:**
- **EIN:** 952632339
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05028
- **FILM NUMBER:** 251528263

**BUSINESS ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660
- **BUSINESS PHONE:** 949-720-6000

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

## Series and Classes Contracts Data

### PIMCO Moderate Duration Portfolio (Series ID: S000034606)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000106508 | PIMCO Moderate Duration Portfolio |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PIMCO Funds

- **b. Investment Company Act file number:** 811-05028

- **c. CIK number of Registrant:** 0000810893

- **d. LEI of Registrant:** 5493003B5Y5GR0Y25Y76

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

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

  - **City:** Newport Beach

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92660

  - **Telephone number:** (888) 877-4626

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

- **a. Name of Series:** PIMCO Moderate Duration Portfolio

- **b. EDGAR series identifier (if any):** S000034606

- **c. LEI of Series:** 5H2C0WOU0VY5RNJKDM42

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $4577983980.16

**Total Liabilities:** $925410018.45

**Net Assets:** $3652573961.71

**Delayed Delivery Securities:** $48758893.24

**Cash Not Reported:** $7745795.61

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 102099.225300 | **1-Year:** 168513.174800 | **5-Year:** 877092.289400 | **10-Year:** 267930.873900 | **30-Year:** 0.000000

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

- **3-Month:** 63.036900 | **1-Year:** 232.448400 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000106508 | -0.22%               | 1.54%                | 0.63%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1959809.36              | $-19283764.52                              |
| Month 2  | $2872626.13              | $32507288.28                               |
| Month 3  | $9799965.41              | $5681127.87                                |

**Designated Index Information**

- **Index Name:** Bloomberg US Aggregate Intermediate Total Return Unhedged Index

- **Index Identifier:** LC08TRUU

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FAIRFAX FINANCIAL HOLDINGS LIMITED                                               | FAIRFAX FINL HLDGS LTD SR UNSECURED 144A 05/35 5.75        | CUSIP: 303901BV3<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |   6000000 | PA      | $6225234.12   | 0.17%             | 2035-05-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| VENTURE XXVII CLO LTD 2017-27A                                                   | VENTURE CDO LTD VENTR 2017 27A AR 144A                     | CUSIP: 92331LBC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    628543 | PA      | $628887.79    | 0.02%             | 2030-07-20      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA5422 FN 07/54 FIXED 6.5                        | CUSIP: 31418FAY3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999900 | PA      | $1034267.35   | 0.03%             | 2054-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2021-ARIA                                                               | BX TRUST BX 2021 ARIA A 144A                               | CUSIP: 05608RAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2998022.40   | 0.08%             | 2036-10-15      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8238 FR 08/52 FIXED 4.5                | CUSIP: 3132DWEK5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1819393 | PA      | $1776077.64   | 0.05%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB0396 FN 05/51 FIXED 2.5                        | CUSIP: 3140QKNN4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2951970 | PA      | $2490204.58   | 0.07%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RA8676 FR 03/53 FIXED 2.5                | CUSIP: 3133KQT97<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     26442 | PA      | $22337.16     | 0.00%             | 2053-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NLG GLOBAL FUNDING                                                               | NLG GLOBAL FUNDING SECURED 144A 01/30 5.4                  | CUSIP: 62915W2A0<br>LEI: 635400SKBQOWEJZLTW68 | Long             | DBT              | CORP              | US        |   3800000 | PA      | $3939060.89   | 0.11%             | 2030-01-23      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                                          | BANK OF NOVA SCOTIA SR UNSECURED 09/28 VAR                 | CUSIP: 06418GAL1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $1005615.47   | 0.03%             | 2028-09-08      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| ENTERGY ARKANSAS LLC                                                             | ENTERGY ARKANSAS LLC 1ST MORTGAGE 06/34 5.45               | CUSIP: 29366MAF5<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6282415.68   | 0.17%             | 2034-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AD8950 FN 07/40 FIXED 5                          | CUSIP: 31418W5L0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     32337 | PA      | $33134.63     | 0.00%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H11                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H11 F              | CUSIP: 38375UXM7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1164219 | PA      | $1167407.82   | 0.03%             | 2066-05-20      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO GAS & ELECTRIC COMPANY                                                 | SAN DIEGO G + E SR SECURED 10/30 1.7                       | CUSIP: 797440BZ6<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |   1285000 | PA      | $1135044.25   | 0.03%             | 2030-10-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2025-V14 MORTGAGE TRUST                                                | BENCHMARK MORTGAGE TRUST BMARK 2025 V14 A4                 | CUSIP: 08164BAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7400000 | PA      | $7754746.38   | 0.21%             | 2057-04-15      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB6418 FN 05/53 FIXED 5                          | CUSIP: 3140QSDY4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    899408 | PA      | $896668.15    | 0.02%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BZ3419 FN 03/30 FIXED 4.32                       | CUSIP: 3140NXYR8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2359000 | PA      | $2377550.54   | 0.07%             | 2030-03-01      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                             | GNMA II POOL MA3105 G2 09/45 FIXED 3.5                     | CUSIP: 36179RNW5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1192114 | PA      | $1111347.30   | 0.03%             | 2045-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TENNESSEE VALLEY AUTHORITY (TVA)                                                 | TENN VALLEY AUTHORITY SR UNSECURED 05/30 7.125             | CUSIP: 880591DM1<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |  10000000 | PA      | $11404337.90  | 0.31%             | 2030-05-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I INC 2016-UB11                                           | MORGAN STANLEY CAPITAL I TRUST MSC 2016 UB11 ASB           | CUSIP: 61767FAY7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    153092 | PA      | $152387.83    | 0.00%             | 2049-08-15      | Fixed         | 2.61%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PACIFICORP 1ST MORTGAGE 02/31 5.3                          | CUSIP: 695114DC9<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2282483.19   | 0.06%             | 2031-02-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| WIND RIVER CLO LTD 2016-1KRA                                                     | WIND RIVER CLO LTD WINDR 2016 1KRA A1R3 144A               | CUSIP: 97314DAN8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5172090 | PA      | $5179589.38   | 0.14%             | 2034-10-15      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                                          | BANK OF NOVA SCOTIA BANK OF NOVA SCOTIA                    | CUSIP: 06418GAN7<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $2023734.46   | 0.06%             | 2032-11-10      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| PROVIDENCE ST JOSEPH HEALTH OBLIGATED GROUP                                      | PROV ST JOSEPH HLTH OBL SR UNSECURED 10/33 5.403           | CUSIP: 743820AC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3086134.92   | 0.08%             | 2033-10-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD3942 FR 01/53 FIXED 4.5                | CUSIP: 3132E0LX8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3493719 | PA      | $3402224.23   | 0.09%             | 2053-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                                                          | GA GLOBAL FUNDING TRUST SECURED 144A 01/26 1.625           | CUSIP: 36143L2A2<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1587235.86   | 0.04%             | 2026-01-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS6048 FN 02/53 FIXED VAR                        | CUSIP: 3140XMWJ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2661870 | PA      | $2654173.82   | 0.07%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CNTY CA CTFS PARTN                                                     | RIVERSIDE CNTY CA PENSN OBLG RIV 02/38 FIXED 3.818         | CUSIP: 76913CBF5<br>LEI: 254900CB5HEOBAVTY629 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $946293.70    | 0.03%             | 2038-02-15      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H09                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H09 FB             | CUSIP: 38376RTJ5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2114327 | PA      | $2121953.57   | 0.06%             | 2066-04-20      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2016-1 CLASS AA PASS THROUGH TRUST                               | UNITED AIR 2016 1 AA PTT PASS THRU CE 01/30 3.1            | CUSIP: 90931LAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    693448 | PA      | $670798.86    | 0.02%             | 2030-01-07      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 933796 FN 05/38 FIXED 5.5                        | CUSIP: 31412S3D5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     20790 | PA      | $21584.12     | 0.00%             | 2038-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                                                | CAPITAL ONE FINANCIAL CO CAPITAL ONE FINANCIAL CO          | CUSIP: 14040HDC6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   3100000 | PA      | $3506973.55   | 0.10%             | 2031-10-30      | Floating      | 7.62%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AL7203 FN 08/45 FIXED VAR                        | CUSIP: 3138EQAD4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1486634 | PA      | $1398413.81   | 0.04%             | 2045-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL V83788 FG 12/47 FIXED 3                  | CUSIP: 3132L9F59<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    373549 | PA      | $335436.76    | 0.01%             | 2047-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CA9390 FN 03/51 FIXED 2.5                        | CUSIP: 3140QHNG6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     25781 | PA      | $21748.71     | 0.00%             | 2051-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MF1 2022-FL10 LLC                                                                | MF1 MULTIFAMILY HOUSING MORTGA MF1 2022 FL10 A 144A        | CUSIP: 55285BAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1224597 | PA      | $1226250.79   | 0.03%             | 2037-09-17      | Floating      | 6.77%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                              | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/32 FIXED 3.037    | CUSIP: 38122ND33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4200000 | PA      | $3762424.26   | 0.10%             | 2032-06-01      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2021-CIP                                            | BX TRUST BX 2021 CIP A 144A                                | CUSIP: 12434FAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2199113 | PA      | $2198435.80   | 0.06%             | 2038-12-15      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RA2797 FR 06/50 FIXED 3                  | CUSIP: 3133KJDA7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8674264 | PA      | $7640033.39   | 0.21%             | 2050-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AT2016 FN 04/43 FIXED 3                          | CUSIP: 3138WPG24<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    305900 | PA      | $281382.32    | 0.01%             | 2043-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES K506                | FHLMC MULTIFAMILY STRUCTURED P FHMS K506 A2                | CUSIP: 3137HAMH6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4800000 | PA      | $4877298.24   | 0.13%             | 2028-08-25      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08836 FG 09/48 FIXED 4                  | CUSIP: 3128MJ4W7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1051013 | PA      | $1011286.18   | 0.03%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QD4256 FR 01/52 FIXED 2.5                | CUSIP: 3133B1WR8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    399470 | PA      | $338484.87    | 0.01%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA5119 FN 07/53 FIXED 2.5                        | CUSIP: 31418EVM9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    106078 | PA      | $89503.12     | 0.00%             | 2053-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BV7912 FN 08/52 FIXED 2.5                        | CUSIP: 3140MMYJ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8691946 | PA      | $7357613.00   | 0.20%             | 2052-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| JACKSON NATIONAL LIFE GLOBAL FUNDING                                             | JACKSON NATL LIFE GLOBAL SECURED 144A 10/29 4.6            | CUSIP: 46849LVB4<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2724834.03   | 0.07%             | 2029-10-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AL7579 FN 02/42 FIXED VAR                        | CUSIP: 3138EQM58<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    184177 | PA      | $191740.77    | 0.01%             | 2042-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| THL CREDIT WIND RIVER CLO LTD 2017-3A                                            | WIND RIVER CLO LTD WINDR 2017 3A AR2 144A                  | CUSIP: 97316LAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4700000 | PA      | $4707249.84   | 0.13%             | 2035-04-15      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AN9215 FN 05/28 FIXED 3.43                       | CUSIP: 3138LNGZ8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     65000 | PA      | $64206.97     | 0.00%             | 2028-05-01      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2021-A                                          | SMB PRIVATE EDUCATION LOAN TRU SMB 2021 A A2A1 144A        | CUSIP: 78448YAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2285506 | PA      | $2265261.98   | 0.06%             | 2053-01-15      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD3953 FR 02/52 FIXED 3                  | CUSIP: 3132E0MA7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  14355684 | PA      | $12640704.71  | 0.35%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JACKSON NATIONAL LIFE GLOBAL FUNDING                                             | JACKSON NATL LIFE GLOBAL SECURED 144A 06/28 4.7            | CUSIP: 46849CJP7<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |   5600000 | PA      | $5666070.14   | 0.16%             | 2028-06-05      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2023-1                                       | VOLKSWAGEN AUTO LOAN ENHANCED VALET 2023 1 A3              | CUSIP: 92867WAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3367733 | PA      | $3390165.11   | 0.09%             | 2028-06-20      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| EQUITABLE AMERICA GLOBAL FUNDING                                                 | EQUITABLE AMERICA GLOBAL SECURED 144A 06/30 4.95           | CUSIP: 29446Q2B8<br>LEI: 98450066CCBIACF06694 | Long             | DBT              | CORP              | US        |   5200000 | PA      | $5306966.65   | 0.15%             | 2030-06-09      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DD7358 FN 04/55 FIXED 6.5                        | CUSIP: 3140B8E80<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999900 | PA      | $1037974.84   | 0.03%             | 2055-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BMO 2024-5C7 MORTGAGE TRUST                                                      | BMO MORTGAGE TRUST BMO 2024 5C7 A3                         | CUSIP: 09660WAU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7000000 | PA      | $7276399.20   | 0.20%             | 2057-11-15      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD2963 FR 09/51 FIXED 2.5                | CUSIP: 3132DQJG2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     67115 | PA      | $56616.87     | 0.00%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HONDA AUTO RECEIVABLES OWNER TRUST 2024-3                                        | HONDA AUTO RECEIVABLES OWNER T HAROT 2024 3 A4             | CUSIP: 43813YAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1010205.20   | 0.03%             | 2030-11-21      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 01/29 6.1              | CUSIP: 694308KL0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1255743.89   | 0.03%             | 2029-01-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 889170 FN 02/38 FIXED VAR                        | CUSIP: 31410G2B8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     27220 | PA      | $28337.79     | 0.00%             | 2038-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TEXAS NATURAL GAS SECURITIZATION FINANCE CORP                                    | TEXAS NATURAL GAS SECURITIZTN TNGUTL 04/35 FIXED 5.102     | CUSIP: 88258MAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4413354 | PA      | $4549898.91   | 0.12%             | 2035-04-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RJ2411 FR 09/54 FIXED 6.5                | CUSIP: 3142GSVD7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999900 | PA      | $1038865.69   | 0.03%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ATLAS SENIOR LOAN FUND LTD 2021-18A                                              | ATLAS SENIOR LOAN FUND LTD ATCLO 2021 18A A1R 144A         | CUSIP: 04943EAQ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2007510.32   | 0.05%             | 2035-01-18      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| ATLANTIC AVENUE 2025-4A LTD                                                      | ATLANTIC AVENUE LTD MCCP 2025 4A A 144A                    | CUSIP: 04822PAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3900000 | PA      | $3900000.00   | 0.11%             | 2038-10-15      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| BEIGNET INVESTOR LLC                                                             | PROJECT BEIGNET SR SEC 144A PROJECT BEIGNET SR SEC 144A    | CUSIP: 990AAXQG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  36200000 | PA      | $36200000.00  | 0.99%             | 2049-06-01      | Fixed         | 6.85%                 | No            |                  3 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB4379 FN 08/52 FIXED 4                          | CUSIP: 3140QP2M8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    421723 | PA      | $398617.01    | 0.01%             | 2052-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL Q53775 FG 01/48 FIXED 3                  | CUSIP: 3132XWFR7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    288668 | PA      | $257858.01    | 0.01%             | 2048-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2025-5C37                                                   | BARCLAYS COMMERCIAL MORTGAGE S BBCMS 2025 5C37 A2          | CUSIP: 05494NAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2007127.60   | 0.05%             | 2058-09-15      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| OFSI BSL X LTD                                                                   | OFSI FUND LTD OFSBS 2021 10A AR 144A                       | CUSIP: 67115PAW5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3503745.28   | 0.10%             | 2034-04-20      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| GREYSTONE COMMERCIAL REAL ESTATE NOTES 2025-FL4                                  | GREYSTONE COMMERCIAL REAL ESTA GSTNE 2025 FL4 A 144A       | CUSIP: 39810MAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3500000 | PA      | $3509162.06   | 0.10%             | 2043-01-15      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB2666 FN 01/52 FIXED 3                          | CUSIP: 3140QM6C3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  80722462 | PA      | $70987594.54  | 1.94%             | 2052-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2020-77                                                        | FANNIE MAE FNR 2020 77 DP                                  | CUSIP: 3136BCVD9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  13307753 | PA      | $9950052.29   | 0.27%             | 2050-11-25      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| AIR CANADA 2015-2 CLASS AA PASS THROUGH TRUST                                    | AIR CANADA 2015 2AA PTT PASS THRU CE 144A 06/29 3.75       | CUSIP: 009088AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    311304 | PA      | $305377.49    | 0.01%             | 2029-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-100                                                       | FANNIE MAE FNR 2016 100 WF                                 | CUSIP: 3136AUH53<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1405455 | PA      | $1398262.52   | 0.04%             | 2047-01-25      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES GROUP INC                                                 | PNC FINANCIAL SERVICES SR UNSECURED 01/31 VAR              | CUSIP: 693475CB9<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   4400000 | PA      | $4547533.45   | 0.12%             | 2031-01-29      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | SUTTER HEALTH UNSECURED 08/32 5.213                        | CUSIP: 86944BAP8<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2176284.92   | 0.06%             | 2032-08-15      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFE GLOBAL FUNDING II                                                   | PACIFIC LIFE GF II SECURED 144A 07/32 4.875                | CUSIP: 6944PL3L1<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3669908.83   | 0.10%             | 2032-07-17      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST 2018-C12                                           | UBS COMMERCIAL MORTGAGE TRUST UBSCM 2018 C12 ASB           | CUSIP: 90353DAW5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    683361 | PA      | $682816.70    | 0.02%             | 2051-08-15      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| NISSAN AUTO LEASE TRUST 2024-A                                                   | NISSAN AUTO LEASE TRUST NALT 2024 A A3                     | CUSIP: 65481CAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10000000 | PA      | $10040316.00  | 0.27%             | 2027-04-15      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8205 FR 04/52 FIXED 2.5                | CUSIP: 3132DWDJ9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    836418 | PA      | $708658.36    | 0.02%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5565                                                          | FREDDIE MAC FHR 5565 FA                                    | CUSIP: 3137HMGJ3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4215049 | PA      | $4231309.17   | 0.12%             | 2055-08-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2020-MKST                 | JP MORGAN CHASE COMMERCIAL MOR JPMCC 2020 MKST A 144A      | CUSIP: 46652DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6000000 | PA      | $2970000.00   | 0.08%             | 2036-12-15      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2024-5C2                                   | WELLS FARGO COMMERCIAL MORTGAG WFCM 2024 5C2 A3            | CUSIP: 95003UAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9900000 | PA      | $10432388.34  | 0.29%             | 2057-11-15      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 3843                                                          | FREDDIE MAC FHR 3843 FE                                    | CUSIP: 3137A9HT6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    165166 | PA      | $164401.00    | 0.00%             | 2041-04-15      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| GREENSAIF PIPELINES BIDCO SARL                                                   | GREENSAIF PIPELINES BIDC SR SECURED 144A 02/36 5.8528      | CUSIP: 39541EAD5<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |   1500000 | PA      | $1576523.85   | 0.04%             | 2036-02-23      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | SUTTER HEALTH UNSECURED 08/30 2.294                        | CUSIP: 86944BAG8<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |   7700000 | PA      | $7053419.37   | 0.19%             | 2030-08-15      | Fixed         | 2.29%                 | No            |                  2 | On Loan: No      |
| NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2019-A                                 | NAVIENT STUDENT LOAN TRUST NAVSL 2019 A A2B 144A           | CUSIP: 63941BAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    209071 | PA      | $209078.26    | 0.01%             | 2043-01-15      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | US 2YR NOTE (CBT) DEC25 XCBT 20251231                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      2323 | NC      | $367643.49    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CAPITAL ONE MULTI-ASSET EXECUTION TRUST 2023-A1                                  | CAPITAL ONE MULTI ASSET EXECUT COMET 2023 A1 A             | CUSIP: 14041NGD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8300000 | PA      | $8321929.43   | 0.23%             | 2028-05-15      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| AREIT TRUST 2023-CRE8                                                            | AREIT CRE TRUST AREIT 2023 CRE8 A 144A                     | CUSIP: 04002BAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |   1850130 | PA      | $1852204.89   | 0.05%             | 2041-08-17      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8488 FR 01/55 FIXED 4                  | CUSIP: 3132DWND1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  10960873 | PA      | $10339700.40  | 0.28%             | 2055-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS1374 FN 03/52 FIXED VAR                        | CUSIP: 3140XGQ44<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  25550579 | PA      | $22495537.49  | 0.62%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AH6113 FN 03/41 FIXED 5.5                        | CUSIP: 3138A7YK8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     12234 | PA      | $12641.87     | 0.00%             | 2041-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CVS PASS-THROUGH TRUST                                                           | CVS PASS THROUGH TRUST PASS THRU CE 144A 01/32 7.507       | CUSIP: 126650BS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    787599 | PA      | $839536.84    | 0.02%             | 2032-01-10      | Fixed         | 7.51%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REPO BANK AMERICA REPO                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        | 394300000 | PA      | $394300000.00 | 10.80%            |  |  |  | No            |                  2 | On Loan: No      |
| YALE UNIVERSITY                                                                  | YALE UNIVERSITY SR UNSECURED 04/32 4.701                   | CUSIP: 98459LAD5<br>LEI: 9SFB6DIM0FRWV0EV8S84 | Long             | DBT              | CORP              | US        |   8100000 | PA      | $8252855.26   | 0.23%             | 2032-04-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| NATIONAL GRID PLC                                                                | NATIONAL GRID PLC SR UNSECURED 06/28 5.602                 | CUSIP: 636274AD4<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | DBT              | CORP              | GB        |   3100000 | PA      | $3210816.13   | 0.09%             | 2028-06-12      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| PUGET SOUND ENERGY INC                                                           | PUGET SOUND ENERGY INC PUGET SOUND ENERGY INC              | CUSIP: 745332CM6<br>LEI: 8MNFJR7KOMBQ7X62LK44 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1962006.86   | 0.05%             | 2034-06-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4438 FN 10/51 FIXED 2.5                        | CUSIP: 31418D4Y5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    538925 | PA      | $456814.69    | 0.01%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC 3688                                                                 | FREDDIE MAC FHR 3688 NF                                    | CUSIP: 3137A0MZ5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     34223 | PA      | $34054.89     | 0.00%             | 2036-11-15      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| SAMMONS FINANCIAL GROUP GLOBAL FUNDING                                           | SAMMONS FINANCIAL GLOBAL SECURED 144A 06/30 4.95           | CUSIP: 79587J2C6<br>LEI: 635400IPRNPM6HDHRS48 | Long             | DBT              | CORP              | US        |   5750000 | PA      | $5837665.42   | 0.16%             | 2030-06-12      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4804 FN 11/52 FIXED 4                          | CUSIP: 31418EKS8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    332514 | PA      | $314702.12    | 0.01%             | 2052-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TESLA SUSTAINABLE ENERGY TRUST 2024-1A                                           | TESLA SUSTAINABLE ENERGY TRUST TSET 2024 1A A2 144A        | CUSIP: 88164AAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    434918 | PA      | $438398.60    | 0.01%             | 2050-06-21      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL GLOBAL FUNDING                                               | NORTHWESTERN MUTUAL GLBL SECURED 144A 06/28 4.9            | CUSIP: 66815L2M0<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4097683.64   | 0.11%             | 2028-06-12      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC SR UNSECURED 11/32 VAR                        | CUSIP: 06738EBV6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   8000000 | PA      | $7211830.32   | 0.20%             | 2032-11-24      | Floating      | 2.89%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFE GLOBAL FUNDING II                                                   | PACIFIC LIFE GF II SECURED 144A 08/29 4.5                  | CUSIP: 6944PL3C1<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |   5150000 | PA      | $5199033.41   | 0.14%             | 2029-08-28      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 3034                                                          | FREDDIE MAC FHR 3034 FL                                    | CUSIP: 31396AJG0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      4750 | PA      | $4737.67      | 0.00%             | 2035-09-15      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA AUTO TRUST 2023-2A                                               | BANK OF AMERICA AUTO TRUST BAAT 2023 2A A4 144A            | CUSIP: 06054YAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3950000 | PA      | $4032652.17   | 0.11%             | 2029-11-15      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| STATE OF WISCONSIN                                                               | WISCONSIN ST GEN FUND ANNUAL A WISGEN 05/28 FIXED 2.299    | CUSIP: 977100HA7<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2021348.91   | 0.06%             | 2028-05-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | BANCO SANTANDER SA 01/35 6.033                             | CUSIP: 05964HBK0<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   2200000 | PA      | $2365497.27   | 0.06%             | 2035-01-17      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2025-C35                                                    | BARCLAYS COMMERCIAL MORTGAGE S BBCMS 2025 C35 A5           | CUSIP: 07337DAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2400000 | PA      | $2535762.24   | 0.07%             | 2058-07-15      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| VOYA CLO 2017-3A                                                                 | VOYA CLO LTD VOYA 2017 3A A1RR 144A                        | CUSIP: 92915QBG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3300000 | PA      | $3304234.73   | 0.09%             | 2034-04-20      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| ENI SPA                                                                          | ENI SPA ENI SPA                                            | CUSIP: 26874RAN8<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | DBT              | CORP              | IT        |   8100000 | PA      | $8336790.46   | 0.23%             | 2034-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                       | MICHIGAN ST FIN AUTH REVENUE MISFIN 12/25 FIXED 2.466      | CUSIP: 59447TXQ1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1097148.36   | 0.03%             | 2025-12-01      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| SYSTEM ENERGY RESOURCES INC                                                      | SYSTEM ENERGY RESOURCES 1ST REF MORT 12/34 5.3             | CUSIP: 871911AV5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6043141.98   | 0.17%             | 2034-12-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| ECMC GROUP STUDENT LOAN TRUST 2017-2                                             | ECMC GROUP STUDENT LOAN TRUST ECMC 2017 2A A 144A          | CUSIP: 26828VAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2354558 | PA      | $2364231.09   | 0.06%             | 2067-05-25      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                                                          | GA GLOBAL FUNDING TRUST SECURED 144A 01/30 5.4             | CUSIP: 36143L2R5<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |   5700000 | PA      | $5912341.30   | 0.16%             | 2030-01-13      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL GLOBAL FUNDING                                               | NORTHWESTERN MUTUAL GLBL SECURED 144A 01/30 4.96           | CUSIP: 66815L2U2<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1334409.31   | 0.04%             | 2030-01-13      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS2619 FN 08/52 FIXED VAR                        | CUSIP: 3140XH4D6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    862884 | PA      | $861946.22    | 0.02%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4989                                                          | FREDDIE MAC FHR 4989 FB                                    | CUSIP: 3137FUKQ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    691085 | PA      | $681717.67    | 0.02%             | 2040-10-15      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5115                                                          | FREDDIE MAC FHR 5115 CD                                    | CUSIP: 3137H0VA3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1722693 | PA      | $1503285.12   | 0.04%             | 2044-08-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| EVERGY METRO INC                                                                 | EVERGY METRO EVERGY METRO                                  | CUSIP: 30037DAD7<br>LEI: 1128SIJQ26096WL7IO82 | Long             | DBT              | CORP              | US        |    900000 | PA      | $937715.02    | 0.03%             | 2034-04-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QX9932 FR 04/55 FIXED 6.5                | CUSIP: 31426HBA0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999900 | PA      | $1035142.67   | 0.03%             | 2055-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2025-A                                          | SMB PRIVATE EDUCATION LOAN TRU SMB 2025 A A1A 144A         | CUSIP: 83207EAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2882839 | PA      | $2938450.39   | 0.08%             | 2054-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AD7136 FN 07/40 FIXED 5                          | CUSIP: 31418U4W1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     69384 | PA      | $71094.74     | 0.00%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QE2112 FR 05/52 FIXED 2.5                | CUSIP: 3133BBKZ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     19969 | PA      | $16885.59     | 0.00%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/4.01150 02/14/25-10Y LCH                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-1122225.42  | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| GM FINANCIAL REVOLVING RECEIVABLES TRUST 2023-2                                  | GM FINANCIAL REVOLVING RECEIVA GMREV 2023 2 A 144A         | CUSIP: 36268DAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5400000 | PA      | $5667983.64   | 0.16%             | 2036-08-11      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| FLORIDA HURRICANE CATASTROPHE FD FIN COR                                         | FLORIDA ST BRD OF ADMIN FIN CO FLSGEN 07/34 FIXED 5.526    | CUSIP: 341271AH7<br>LEI: 549300S34SOJ0RULXM35 | Long             | DBT              | MUN               | US        |   5100000 | PA      | $5318804.79   | 0.15%             | 2034-07-01      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| LSEGA FINANCING PLC                                                              | LSEGA FINANCING PLC COMPANY GUAR 144A 04/28 2              | CUSIP: 50220PAC7<br>LEI: 2138009YFYTGEHZNNZ09 | Long             | DBT              | CORP              | GB        |   1400000 | PA      | $1328128.23   | 0.04%             | 2028-04-06      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BW7326 FN 09/52 FIXED 4                          | CUSIP: 3140N0D85<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2656832 | PA      | $2511179.92   | 0.07%             | 2052-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GALLATIN FUNDING LTD, GALLATIN CLO VII LLC 2017-1A                               | GALLATIN LOAN MANAGEMENT, LLC GALL 2017 1A A1R 144A        | CUSIP: 36361UAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2141777 | PA      | $2144223.29   | 0.06%             | 2031-07-15      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| BXMT 2020-FL3 LTD                                                                | BXMT LTD BXMT 2020 FL3 A 144A                              | CUSIP: 05608XAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   2641967 | PA      | $2639379.73   | 0.07%             | 2037-11-15      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC SR UNSECURED 11/33 VAR                        | CUSIP: 06738ECE3<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   9300000 | PA      | $10674036.96  | 0.29%             | 2033-11-02      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 981194 FN 04/38 FIXED 5.5                        | CUSIP: 31415ARP8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     42382 | PA      | $43697.51     | 0.00%             | 2038-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 841471 FN 10/35 FIXED 5                          | CUSIP: 31407U2C0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     19638 | PA      | $20117.26     | 0.00%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP INC (MUFG)                                        | MITSUBISHI UFJ FIN GRP SR UNSECURED 07/30 2.048            | CUSIP: 606822BU7<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |   6000000 | PA      | $5418504.06   | 0.15%             | 2030-07-17      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| ONE GAS INC                                                                      | ONE GAS INC ONE GAS INC                                    | CUSIP: 68235PAN8<br>LEI: 549300HXDWI0LATTX840 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2785227.93   | 0.08%             | 2029-04-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| MF1 2020-FL4 LTD                                                                 | MF1 MULTIFAMILY HOUSING MORTGA MF1 2020 FL4 A 144A         | CUSIP: 58003UAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1136231 | PA      | $1138094.14   | 0.03%             | 2035-12-15      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H06                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H06 FD             | CUSIP: 38376RSG2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     58863 | PA      | $59136.35     | 0.00%             | 2065-07-20      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2016-BNK1                                  | WELLS FARGO COMMERCIAL MORTGAG WFCM 2016 BNK1 A3           | CUSIP: 95000GAY0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1600000 | PA      | $1574704.32   | 0.04%             | 2049-08-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 845182 FN 11/35 FIXED 5.5                        | CUSIP: 31407Y6T1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     31211 | PA      | $32391.73     | 0.00%             | 2035-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS COMPANY                                                        | KRAFT HEINZ FOODS CO COMPANY GUAR 03/35 5.4                | CUSIP: 50077LBN5<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2555836.85   | 0.07%             | 2035-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8323 FR 05/53 FIXED 5                  | CUSIP: 3132DWG80<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  20941374 | PA      | $20818168.26  | 0.57%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2013-H25                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2013 H25 SA             | CUSIP: 38375UBF6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     47798 | PA      | $48036.59     | 0.00%             | 2063-10-20      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| MF1 2021-FL7 LTD                                                                 | MF1 MULTIFAMILY HOUSING MORTGA MF1 2021 FL7 A 144A         | CUSIP: 55284AAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    904652 | PA      | $905288.04    | 0.02%             | 2036-10-16      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| NAVIENT STUDENT LOAN TRUST 2020-IA                                               | NAVIENT STUDENT LOAN TRUST NAVSL 2020 IA A1B 144A          | CUSIP: 63942AAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1229077 | PA      | $1224051.01   | 0.03%             | 2069-04-15      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 03/34 6.95             | CUSIP: 694308KP1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2998685.69   | 0.08%             | 2034-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| NBN CO LIMITED                                                                   | NBN CO LTD SR UNSECURED 144A 05/26 1.45                    | CUSIP: 62878U2A9<br>LEI: 2549007CRZ2NT7S96A24 | Long             | DBT              | CORP              | AU        |   3000000 | PA      | $2951723.85   | 0.08%             | 2026-05-05      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5104                                                          | FREDDIE MAC FHR 5104 UB                                    | CUSIP: 3137H02A5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1238250 | PA      | $1047768.01   | 0.03%             | 2044-12-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 06/28 3                | CUSIP: 694308JW8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2314662.62   | 0.06%             | 2028-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SNAM SPA                                                                         | SNAM SPA SR UNSECURED 144A 05/35 5.75                      | CUSIP: 83304JAB3<br>LEI: 8156002278562044AF79 | Long             | DBT              | CORP              | IT        |   2000000 | PA      | $2075516.52   | 0.06%             | 2035-05-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB2301 FN 12/51 FIXED 3                          | CUSIP: 3140QMRX4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2981898 | PA      | $2625986.65   | 0.07%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MSWF COMMERCIAL MORTGAGE TRUST 2023-2                                            | MSWF COMMERCIAL MORTGAGE TRUST MSWF 2023 2 A5              | CUSIP: 55361AAU8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4000000 | PA      | $4333953.60   | 0.12%             | 2056-12-15      | Fixed         | 6.01%                 | No            |                  2 | On Loan: No      |
| SAMMONS FINANCIAL GROUP GLOBAL FUNDING                                           | SAMMONS FINANCIAL GLOBAL SECURED 144A 01/28 5.05           | CUSIP: 79587J2B8<br>LEI: 635400IPRNPM6HDHRS48 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1526282.94   | 0.04%             | 2028-01-10      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| CSMC 2020-FACT TRUST                                                             | CREDIT SUISSE MORTGAGE TRUST CSMC 2020 FACT A 144A         | CUSIP: 126395AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5300000 | PA      | $5247944.99   | 0.14%             | 2037-10-15      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| LCM 36 LTD                                                                       | LCM LTD PARTNERSHIP LCM 36A A1R 144A                       | CUSIP: 50190LAL2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003219.44   | 0.03%             | 2034-01-15      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2019-C51                                   | WELLS FARGO COMMERCIAL MORTGAG WFCM 2019 C51 A4            | CUSIP: 95001VAU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4750000 | PA      | $4499461.25   | 0.12%             | 2052-06-15      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB2429 FN 12/51 FIXED 3                          | CUSIP: 3140QMVX9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  70436889 | PA      | $62096856.61  | 1.70%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                             | GNMA II TBA 30 YR 3 JUMBOS                                 | CUSIP: 21H0306A7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3000000 | PA      | $2678666.01   | 0.07%             | 2055-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL GLOBAL FUNDING                                             | BRIGHTHSE FIN GLBL FUND SR SECURED 144A 06/29 5.65         | CUSIP: 10921U2L1<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3081335.55   | 0.08%             | 2029-06-10      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA (AKA: RABOBANK NEDERLAND)                               | COOPERATIEVE RABOBANK UA 144A 01/33 VAR                    | CUSIP: 74977RDU5<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |   4000000 | PA      | $4208908.56   | 0.12%             | 2033-01-21      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| RGA GLOBAL FUNDING                                                               | RGA GLOBAL FUNDING SECURED 144A 11/28 6                    | CUSIP: 76209PAC7<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5260634.20   | 0.14%             | 2028-11-21      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-84                                                        | FANNIE MAE FNR 2016 84 DF                                  | CUSIP: 3136AUKR1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1224024 | PA      | $1201457.06   | 0.03%             | 2046-11-25      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BL6406 FN 05/27 FIXED 1.63                       | CUSIP: 3140HYDL9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8200000 | PA      | $7908659.74   | 0.22%             | 2027-05-01      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BZ3405 FN 03/30 FIXED 4.32                       | CUSIP: 3140NXYB3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2227000 | PA      | $2244512.53   | 0.06%             | 2030-03-01      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08726 FG 10/46 FIXED 3                  | CUSIP: 3128MJYY0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     14550 | PA      | $13173.68     | 0.00%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 890607 FN 08/43 FIXED VAR                        | CUSIP: 31410LNY4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     25331 | PA      | $25986.53     | 0.00%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BV8024 FN 08/52 FIXED 4                          | CUSIP: 3140MM4J4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1714434 | PA      | $1621278.46   | 0.04%             | 2052-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8299 FR 02/53 FIXED 5                  | CUSIP: 3132DWGG2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  16243821 | PA      | $16194345.72  | 0.44%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTAH MUNICIPAL POWER AGENCY                                                      | UTAH ST MUNI PWR AGY PWR SPLY UTSPWR 07/28 FIXED 3.237     | CUSIP: 91756TAR2<br>LEI: 549300ZRZ5YVJ6KNNV32 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1966688.00   | 0.05%             | 2028-07-01      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB3169 FN 03/52 FIXED 3                          | CUSIP: 3140QNQX3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4159119 | PA      | $3664068.76   | 0.10%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DD5569 FN 03/55 FIXED 6.5                        | CUSIP: 3140B6FK6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999900 | PA      | $1038412.49   | 0.03%             | 2055-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NELNET STUDENT LOAN TRUST 2025-BA                                                | NELNET STUDENT LOAN TRUST NSLT 2025 BA A1B 144A            | CUSIP: 64032BAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5500000 | PA      | $5540752.25   | 0.15%             | 2055-05-17      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5439                                                          | FREDDIE MAC FHR 5439 FK                                    | CUSIP: 3137HF3S2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3854779 | PA      | $3868218.61   | 0.11%             | 2054-08-25      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB4109 FN 07/52 FIXED 3                          | CUSIP: 3140QPR74<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   7914079 | PA      | $6967835.33   | 0.19%             | 2052-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DD5573 FN 03/55 FIXED 6.5                        | CUSIP: 3140B6FP5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999900 | PA      | $1041839.98   | 0.03%             | 2055-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5115                                                          | FREDDIE MAC FHR 5115 DA                                    | CUSIP: 3137H0VQ8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2175649 | PA      | $1925264.08   | 0.05%             | 2042-02-25      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                                         | UNIV OF CALIFORNIA CA REVENUES UNVHGR 05/27 FIXED 1.316    | CUSIP: 91412HGF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1156299.72   | 0.03%             | 2027-05-15      | Fixed         | 1.32%                 | No            |                  2 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDING II                                                     | MASSMUTUAL GLOBAL FUNDIN SR SECURED 144A 01/29 4.85        | CUSIP: 57629W5B2<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |   8400000 | PA      | $8587701.44   | 0.24%             | 2029-01-17      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DC0244 FN 08/54 FIXED 6.5                        | CUSIP: 3140AMHW4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999901 | PA      | $1036111.05   | 0.03%             | 2054-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AS2741 FN 06/44 FIXED 5                          | CUSIP: 3138WCBK8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     47659 | PA      | $48305.87     | 0.00%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOANCORE ISSUER LTD 2021-CRE6                                                    | LOANCORE 2021 CRE6 ISSUER, LTD LNCR 2021 CRE6 A 144A       | CUSIP: 53948HAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1577151 | PA      | $1579023.73   | 0.04%             | 2038-11-15      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP 2023-8A LLC                                 | AVIS BUDGET RENTAL CAR FUNDING AESOP 2023 8A A 144A        | CUSIP: 05377RHM9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3500000 | PA      | $3679917.50   | 0.10%             | 2030-02-20      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| ARROWMARK COLORADO HOLDINGS 2018-3A                                              | ELEVATION CLO LTD AWPT 2018 3A A1R2 144A                   | CUSIP: 28623VAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4500000 | PA      | $4515870.74   | 0.12%             | 2035-01-25      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| CAPITAL STREET MASTER TRUST 2025-1                                               | CAPITAL STREET MASTER TRUST CAPST 2025 1 A 144A            | CUSIP: 14051LAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $3003031.20   | 0.08%             | 2029-08-16      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RA6486 FR 12/51 FIXED 3                  | CUSIP: 3133KNF32<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  27167014 | PA      | $23949547.29  | 0.66%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RJ0049 FR 10/53 FIXED 5                  | CUSIP: 3142GQBT8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   9853986 | PA      | $9805685.92   | 0.27%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8516 FR 03/55 FIXED 6                  | CUSIP: 3132DWN90<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  67948330 | PA      | $69493561.51  | 1.90%             | 2055-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST 2019-B14                                                | BENCHMARK MORTGAGE TRUST BMARK 2019 B14 ASB                | CUSIP: 08162YAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5074598 | PA      | $4969916.36   | 0.14%             | 2062-12-15      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4512 FN 01/52 FIXED 2.5                        | CUSIP: 31418EAN0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     25628 | PA      | $21689.41     | 0.00%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SMBC AVIATION CAPITAL FINANCE DESIGNATED ACTIVITY COMPANY                        | SMBC AVIATION CAPITAL FI COMPANY GUAR 144A 07/33 5.7       | CUSIP: 78448TAK8<br>LEI: 549300OD7VKRVNWB2J98 | Long             | DBT              | CORP              | IE        |   3900000 | PA      | $4081447.54   | 0.11%             | 2033-07-25      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08693 FG 03/46 FIXED 3.5                | CUSIP: 3128MJXX3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    610926 | PA      | $573859.14    | 0.02%             | 2046-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4652 FN 07/52 FIXED 2.5                        | CUSIP: 31418EE22<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    340012 | PA      | $287565.43    | 0.01%             | 2052-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | LLOYDS BANKING GROUP PLC SR UNSECURED 11/28 VAR            | CUSIP: 539439AQ2<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   7800000 | PA      | $7698901.78   | 0.21%             | 2028-11-07      | Floating      | 3.57%                 | No            |                  2 | On Loan: No      |
| BMO 2024-5C5 MORTGAGE TRUST                                                      | BMO MORTGAGE TRUST BMO 2024 5C5 A3                         | CUSIP: 05593RAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6000000 | PA      | $6286953.60   | 0.17%             | 2057-02-15      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| FLATIRON CLO LTD 2019-1A                                                         | FLATIRON CLO LTD FLAT 2019 1A AR2 144A                     | CUSIP: 33883JAW1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2487533 | PA      | $2491231.98   | 0.07%             | 2034-11-16      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY CARD ISSUANCE TRUST 2023-A2                                            | SYNCHRONY CARD ISSUANCE TRUST SYNIT 2023 A2 A              | CUSIP: 87166PAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $5094049.00   | 0.14%             | 2029-10-15      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-82                                                        | FANNIE MAE FNR 2016 82 FM                                  | CUSIP: 3136AUAW1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    127397 | PA      | $124960.90    | 0.00%             | 2046-11-25      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| COMM MORTGAGE TRUST 2017-COR2                                                    | COMM MORTGAGE TRUST COMM 2017 COR2 A3                      | CUSIP: 12595EAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4200000 | PA      | $4117158.78   | 0.11%             | 2050-09-10      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG/NEW YORK BRANCH                                                 | DEUTSCHE BANK NY 07/27 VAR                                 | CUSIP: 25160PAN7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   6000000 | PA      | $6128953.20   | 0.17%             | 2027-07-13      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL FUNDING                                                   | PROTECTIVE LIFE GLOBAL SECURED 144A 01/32 5.432            | CUSIP: 74368CCB8<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2084143.66   | 0.06%             | 2032-01-14      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                                                     | SYNOPSYS INC SR UNSECURED 04/32 5                          | CUSIP: 871607AD9<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |   2800000 | PA      | $2862244.87   | 0.08%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-52                                                        | FANNIE MAE FNR 2025 52 FB                                  | CUSIP: 3136BWUZ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4861539 | PA      | $4888283.25   | 0.13%             | 2055-07-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| BMO 2025-C13 MORTGAGE TRUST                                                      | BMO MORTGAGE TRUST BMO 2025 C13 A4                         | CUSIP: 05592YAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2400000 | PA      | $2435446.08   | 0.07%             | 2058-10-15      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST 2015-C22                      | MORGAN STANLEY BAML TRUST MSBAM 2015 C22 A4                | CUSIP: 61690FAM5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    293467 | PA      | $289196.01    | 0.01%             | 2048-04-15      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO LEASE SECURITIZATION TRUST 2025-B                                   | HYUNDAI AUTO LEASE SECURITIZAT HALST 2025 B A3 144A        | CUSIP: 44935DAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6500000 | PA      | $6560791.90   | 0.18%             | 2028-04-17      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS5125 FN 10/51 FIXED VAR                        | CUSIP: 3140XLVT2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    571726 | PA      | $482288.72    | 0.01%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES GROUP INC                                                 | PNC FINANCIAL SERVICES PNC FINANCIAL SERVICES              | CUSIP: 693475BV6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1776256.60   | 0.05%             | 2028-01-21      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| STRYKER CORPORATION                                                              | STRYKER CORP SR UNSECURED 09/29 4.25                       | CUSIP: 863667BE0<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1805438.05   | 0.05%             | 2029-09-11      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AD2694 FN 05/40 FIXED 5                          | CUSIP: 31418P7G4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     19136 | PA      | $19427.53     | 0.00%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANCHORAGE CREDIT FUNDING 1 LTD 2015-1A                                           | ANCHORAGE CREDIT FUNDING LTD. ANCHF 2015 1A ARV 144A       | CUSIP: 033296AG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    735001 | PA      | $727500.07    | 0.02%             | 2037-07-28      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUNDING                                                               | F+G GLOBAL FUNDING SECURED 144A 09/28 4.65                 | CUSIP: 30321L2K7<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1003849.96   | 0.03%             | 2028-09-08      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| AMEREN MISSOURI SECURITIZATION FUNDING I LLC                                     | AMEREN MISSOURI SEC FU I SR SECURED 10/41 4.85             | CUSIP: 023940AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3619721.59   | 0.10%             | 2041-10-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FM3004 FN 01/46 FIXED VAR                        | CUSIP: 3140X6KS9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  20526629 | PA      | $19767649.79  | 0.54%             | 2046-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOYOTA LEASE OWNER TRUST 2023-B                                                  | TOYOTA LEASE OWNER TRUST TLOT 2023 B A3 144A               | CUSIP: 89240HAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    736676 | PA      | $738745.72    | 0.02%             | 2026-11-20      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| BANK 2019-BN20                                                                   | BANK BANK 2019 BN20 ASB                                    | CUSIP: 06540AAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8262899 | PA      | $8040083.22   | 0.22%             | 2062-09-15      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2017-1 CLASS AA PASS THROUGH TRUST                             | AMER AIRLINE 17 1 AA PTT PASS THRU CE 02/29 3.65           | CUSIP: 023761AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1832875 | PA      | $1783509.44   | 0.05%             | 2029-02-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| WYANDOTTE COUNTY-KANSAS CITY UNIFIED GOVERNMENT UTILITY SYSTEM REVENUE           | WYANDOTTE CNTY/KANSAS CITY KS WYAUTL 09/29 FIXED 1.961     | CUSIP: 982674NJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $554039.46    | 0.02%             | 2029-09-01      | Fixed         | 1.96%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BV0951 FN 09/52 FIXED 4                          | CUSIP: 3140MEBV7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    476137 | PA      | $449535.95    | 0.01%             | 2052-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MUTUAL OF OMAHA COMPANIES GLOBAL FUNDING                                         | MUTUAL OF OMAHA GLOBAL SECURED 144A 07/26 5.8              | CUSIP: 62829D2A7<br>LEI: 635400AL5J3F1ZPTAN95 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2231372.33   | 0.06%             | 2026-07-27      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| PROLOGIS TARGETED US LOGISTICS FUND LP                                           | PROLOGIS TARGETED US PROLOGIS TARGETED US                  | CUSIP: 74350LAB0<br>LEI: 5493004DTBWUQ9F2VJ87 | Long             | DBT              | CORP              | US        |   5600000 | PA      | $5819719.70   | 0.16%             | 2034-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H08                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H08 FD             | CUSIP: 38375UVD9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1437704 | PA      | $1438082.91   | 0.04%             | 2065-03-20      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| ICG US CLO LTD 2015-2RA                                                          | ICG US CLO LTD ICG 2015 2RA A1R 144A                       | CUSIP: 44933WAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3984145 | PA      | $3984143.77   | 0.11%             | 2033-01-16      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08863 FG 02/49 FIXED 4.5                | CUSIP: 3128MJ5Z9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2392210 | PA      | $2363243.50   | 0.06%             | 2049-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| COMM MORTGAGE TRUST 2019-GC44                                                    | COMM MORTGAGE TRUST COMM 2019 GC44 ASB                     | CUSIP: 12655TBJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1393642 | PA      | $1360971.38   | 0.04%             | 2057-08-15      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| DRYDEN 95 CLO LTD                                                                | DRYDEN SENIOR LOAN FUND DRSLF 2021 95A AR 144A             | CUSIP: 262487AJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3600000 | PA      | $3603364.42   | 0.10%             | 2034-08-20      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2005-21                                                               | FANNIE MAE FNR 2005 21 FM                                  | CUSIP: 31394CTW2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     17466 | PA      | $17360.61     | 0.00%             | 2035-03-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BP7009 FN 08/50 FIXED 3                          | CUSIP: 3140KEYF9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    151149 | PA      | $134390.43    | 0.00%             | 2050-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QX9934 FR 04/55 FIXED 6.5                | CUSIP: 31426HBC6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999901 | PA      | $1034469.84   | 0.03%             | 2055-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY MORTGAGE TRUST 2021-FL2                                        | STARWOOD COMMERCIAL MORTGAGE T STWD 2021 FL2 A 144A        | CUSIP: 78486BAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4478234 | PA      | $4492521.12   | 0.12%             | 2038-04-18      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.80000 09/05/23-5Y LCH                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-2402202.60  | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS LLC (AKA: ACE INA HOLDINGS INC)                               | CHUBB INA HOLDINGS LLC CHUBB INA HOLDINGS LLC              | CUSIP: 171239AL0<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5612760.40   | 0.15%             | 2029-08-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD3417 FR 07/53 FIXED 2.5                | CUSIP: 3132DQYN0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     47608 | PA      | $40276.71     | 0.00%             | 2053-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD1967 FR 10/52 FIXED 4                  | CUSIP: 3132DPFG8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6763765 | PA      | $6395206.12   | 0.18%             | 2052-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ADVENTIST HEALTH SYSTEM OF WEST                                                  | ADVENT HEALTH SYSTEM BONDS 03/29 2.952                     | CUSIP: 007944AF8<br>LEI: 5493008YM33UCY5QPW83 | Long             | DBT              | CORP              | US        |   4299000 | PA      | $4060545.39   | 0.11%             | 2029-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| DLLMT 2023-1 LLC                                                                 | DLLMT LLC DLLMT 2023 1A A4 144A                            | CUSIP: 232989AD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5660000 | PA      | $5727248.16   | 0.16%             | 2031-03-20      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2019-2 CLASS AA PASS THROUGH TRUST                               | UNITED AIR 2019 2 AA PTT PASS THRU CE 11/33 2.7            | CUSIP: 90932JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1513779 | PA      | $1391403.37   | 0.04%             | 2033-11-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 06/33 6.4              | CUSIP: 694308KM8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $2043281.07   | 0.06%             | 2033-06-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REPO BANK AMERICA REPO                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |  68600000 | PA      | $68600000.00  | 1.88%             |  |  |  | No            |                  2 | On Loan: No      |
| HOUSTON CITY COLLEGE                                                             | HOUSTON TX CMNTY CLG HOUHGR 02/29 FIXED 5                  | CUSIP: 44236PLT3<br>LEI: 549300UWXV516I6N3V90 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2071067.40   | 0.06%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FM7740 FN 06/51 FIXED VAR                        | CUSIP: 3140XBS68<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    898082 | PA      | $757580.75    | 0.02%             | 2051-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8464 FR 09/54 FIXED 6.5                | CUSIP: 3132DWMM2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3999603 | PA      | $4131191.89   | 0.11%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ECMC GROUP STUDENT LOAN TRUST 2018-1A                                            | ECMC GROUP STUDENT LOAN TRUST ECMC 2018 1A A 144A          | CUSIP: 26828HAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2699113 | PA      | $2690311.02   | 0.07%             | 2068-02-27      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| MARS INCORPORATED                                                                | MARS INC SR UNSECURED 144A 03/30 4.8                       | CUSIP: 571676AY1<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3567001.69   | 0.10%             | 2030-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ECMC GROUP STUDENT LOAN TRUST 2020-3A                                            | ECMC GROUP STUDENT LOAN TRUST ECMC 2020 3A A1B 144A        | CUSIP: 26833BAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4646160 | PA      | $4675210.21   | 0.13%             | 2070-01-27      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 257057 FN 01/28 FIXED 5                          | CUSIP: 31371NQJ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      5209 | PA      | $5226.51      | 0.00%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN UNIVERSITY                                                          | NORTHWESTERN UNIVERSITY UNSECURED 12/35 4.94               | CUSIP: 668444AT9<br>LEI: OBWWNZE695DUK77DTI34 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6157385.46   | 0.17%             | 2035-12-01      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS4972 FN 05/53 FIXED VAR                        | CUSIP: 3140XLQ27<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  25327173 | PA      | $24696734.04  | 0.68%             | 2053-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HERTZ VEHICLE FINANCING III LLC 2023-2A                                          | HERTZ VEHICLE FINANCING LLC HERTZ 2023 2A A 144A           | CUSIP: 42806MBW8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8000000 | PA      | $8250493.60   | 0.23%             | 2029-09-25      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QJ2139 FR 08/54 FIXED 6.5                | CUSIP: 3133CSLU3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999901 | PA      | $1047270.18   | 0.03%             | 2054-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST 2017-C4                                            | UBS COMMERCIAL MORTGAGE TRUST UBSCM 2017 C4 ASB            | CUSIP: 90276RBC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    959644 | PA      | $952431.73    | 0.03%             | 2050-10-15      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AS0837 FN 10/43 FIXED 5                          | CUSIP: 3138W94X5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    188813 | PA      | $192152.55    | 0.01%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | US ULTRA BOND CBT DEC25 XCBT 20251219                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -20 | NC      | $-61435.46    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HOLDINGS PLC                                                  | SANTANDER UK GROUP HLDGS SR UNSECURED 06/27 VAR            | CUSIP: 80281LAQ8<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $981552.97    | 0.03%             | 2027-06-14      | Floating      | 1.67%                 | No            |                  2 | On Loan: No      |
| MONTEREY PARK CITY OF                                                            | MONTEREY PK CA PENSN OBLIG MTPGEN 06/30 FIXED 1.893        | CUSIP: 61255QAJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $269035.02    | 0.01%             | 2030-06-01      | Fixed         | 1.89%                 | No            |                  2 | On Loan: No      |
| SAFEHOLD GL HOLDINGS LLC                                                         | SAFEHOLD GL HOLDINGS LLC COMPANY GUAR 04/34 6.1            | CUSIP: 785931AA4<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              | CORP              | US        |   5800000 | PA      | $6114786.42   | 0.17%             | 2034-04-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BZ3619 FN 04/30 FIXED 4.6                        | CUSIP: 3140NYAV3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8700000 | PA      | $8858548.54   | 0.24%             | 2030-04-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 973023 FN 03/38 FIXED 5                          | CUSIP: 31414QPG6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     28624 | PA      | $29363.27     | 0.00%             | 2038-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BZ3406 FN 03/30 FIXED 4.32                       | CUSIP: 3140NXYC1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2526000 | PA      | $2545863.78   | 0.07%             | 2030-03-01      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| LIBERTY STREET TRUST 2016-225L                                                   | LIBERTY STREET TRUST LBTY 2016 225L A 144A                 | CUSIP: 902055AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1200000 | PA      | $1176502.68   | 0.03%             | 2036-02-10      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QI8203 FR 06/54 FIXED 6.5                | CUSIP: 3133WFDG9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999901 | PA      | $1039483.26   | 0.03%             | 2054-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GPMT LLC 2021-FL3                                                                | GPMT LTD. GPMT 2021 FL3 A 144A                             | CUSIP: 36264BAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   1294809 | PA      | $1292213.21   | 0.04%             | 2035-07-16      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE FUNDING II LLC 2024-1A                                                | CHESAPEAKE FUNDING II LLC CFII 2024 1A A1 144A             | CUSIP: 165183DE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2053949 | PA      | $2080469.15   | 0.06%             | 2036-05-15      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QE9261 FR 09/52 FIXED 4                  | CUSIP: 3133BKJE0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    471388 | PA      | $445409.50    | 0.01%             | 2052-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H22                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H22 FD             | CUSIP: 38376RHB5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    869900 | PA      | $869856.02    | 0.02%             | 2065-09-20      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| BANQUE FEDERATIVE DU CREDIT MUTUEL (BFCM)                                        | BANQUE FED CRED MUTUEL 144A 07/28 5.79                     | CUSIP: 06675FBB2<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   5550000 | PA      | $5781054.27   | 0.16%             | 2028-07-13      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LIFE GLOBAL FUNDING II                                                 | PRINCIPAL LFE GLB FND II SECURED 144A 01/28 4.8            | CUSIP: 74256LFC8<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5576539.54   | 0.15%             | 2028-01-09      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 257325 FN 08/28 FIXED 5.5                        | CUSIP: 31371NYW9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     12315 | PA      | $12471.91     | 0.00%             | 2028-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CNO GLOBAL FUNDING                                                               | CNO GLOBAL FUNDING CNO GLOBAL FUNDING                      | CUSIP: 18977W2D1<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2053061.12   | 0.06%             | 2027-06-04      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4400                                                          | FREDDIE MAC FHR 4400 FA                                    | CUSIP: 3137BEH49<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    132841 | PA      | $131536.94    | 0.00%             | 2041-02-15      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TSY INFL IX N/B 01/35 2.125                                | CUSIP: 91282CML2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  46061550 | PA      | $47434082.39  | 1.30%             | 2035-01-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSECURED 06/31 VAR                   | CUSIP: 404280CH0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   1550000 | PA      | $1441518.55   | 0.04%             | 2031-06-04      | Floating      | 2.85%                 | No            |                  2 | On Loan: No      |
| KKR CLO LTD 21                                                                   | KKR FINANCIAL CLO LTD KKR 21 A 144A                        | CUSIP: 48252KAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    943387 | PA      | $944335.75    | 0.03%             | 2031-04-15      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| BANK 2024-BNK48                                                                  | BANK BANK 2024 BNK48 A4                                    | CUSIP: 06541GAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $3005143.20   | 0.08%             | 2057-10-15      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| NISSAN AUTO LEASE TRUST 2024-A                                                   | NISSAN AUTO LEASE TRUST NALT 2024 A A4                     | CUSIP: 65481CAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2200000 | PA      | $2216096.96   | 0.06%             | 2028-09-15      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| NATIONAL SECURITIES CLEARING CORPORATION                                         | NATIONAL SECS CLEARING SR UNSECURED 144A 05/30 4.7         | CUSIP: 637639AQ8<br>LEI: 549300RYC9NELN2ICA34 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4089256.56   | 0.11%             | 2030-05-20      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | US 10YR NOTE (CBT)DEC25 XCBT 20251219                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      1336 | NC      | $893969.33    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| BRITISH AIRWAYS 2021-1 CLASS A PASS THROUGH TRUST                                | BRITISH AIR 21 1 A PPT PASS THRU CE 144A 09/36 2.9         | CUSIP: 11042CAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    570515 | PA      | $519125.64    | 0.01%             | 2036-09-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL Q56691 FG 05/48 FIXED 3                  | CUSIP: 3132Y0NH9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    285928 | PA      | $257029.40    | 0.01%             | 2048-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5042                                                          | FREDDIE MAC FHR 5042 CA                                    | CUSIP: 3137F66L6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3711162 | PA      | $3479999.34   | 0.10%             | 2040-12-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | WELLS FARGO + COMPANY SR UNSECURED 04/31 VAR               | CUSIP: 95000U2L6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10057867.80  | 0.28%             | 2031-04-04      | Floating      | 4.48%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-76                                                        | FANNIE MAE FNR 2016 76 CF                                  | CUSIP: 3136ATY73<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2248157 | PA      | $2210706.85   | 0.06%             | 2046-10-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4840 FN 12/52 FIXED 4.5                        | CUSIP: 31418ELW8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  28393317 | PA      | $27739068.59  | 0.76%             | 2052-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2021-21M                                            | BX TRUST BX 2021 21M A 144A                                | CUSIP: 05609CAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    476028 | PA      | $475695.74    | 0.01%             | 2036-10-15      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4732 FN 09/52 FIXED 4                          | CUSIP: 31418EHJ2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  27151962 | PA      | $25697489.74  | 0.70%             | 2052-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB4800 FN 10/52 FIXED 4.5                        | CUSIP: 3140QQKN4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6298081 | PA      | $6140008.44   | 0.17%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CONSUMERS 2023 SECURITIZATION FUNDING LLC                                        | CONSUMERS 23 SECURE FUND SR SECURED 03/28 5.55             | CUSIP: 21071BAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2240148 | PA      | $2269188.28   | 0.06%             | 2028-03-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AN8717 FN 03/28 FIXED 3.02                       | CUSIP: 3138LMVK6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      1000 | PA      | $978.38       | 0.00%             | 2028-03-01      | Fixed         | 3.02%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                       | MICHIGAN ST FIN AUTH REVENUE MISFIN 12/26 FIXED 2.596      | CUSIP: 59447TXR9<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1381581.74   | 0.04%             | 2026-12-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOBAL FUNDING                                                        | COREBRIDGE GLOB FUNDING SECURED 144A 09/28 5.9             | CUSIP: 00138CAV0<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2093707.62   | 0.06%             | 2028-09-19      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| TENNESSEE VALLEY AUTHORITY (TVA)                                                 | TENN VALLEY AUTHORITY SR UNSECURED 08/30 3.875             | CUSIP: 880591FE7<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |  18750000 | PA      | $18806432.63  | 0.51%             | 2030-08-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 12/28 VAR                | CUSIP: 06051GHD4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1969829.66   | 0.05%             | 2028-12-20      | Floating      | 3.42%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA5670 FN 04/55 FIXED 4                          | CUSIP: 31418FJQ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  16362043 | PA      | $15430909.05  | 0.42%             | 2055-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QC8521 FR 10/51 FIXED 3                  | CUSIP: 3133ATPE5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2314747 | PA      | $2042767.92   | 0.06%             | 2051-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP 2024-1A LLC                                 | AVIS BUDGET RENTAL CAR FUNDING AESOP 2024 1A A 144A        | CUSIP: 05377RHY3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11000000 | PA      | $11395089.20  | 0.31%             | 2030-06-20      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AX5297 FN 01/42 FIXED 5                          | CUSIP: 3138Y63F9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     99313 | PA      | $101761.74    | 0.00%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-87                                                        | FANNIE MAE FNR 2016 87 AF                                  | CUSIP: 3136AT6Z2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    126495 | PA      | $125604.71    | 0.00%             | 2046-11-25      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| VERIZON MASTER TRUST 2024-7                                                      | VERIZON MASTER TRUST VZMT 2024 7 A 144A                    | CUSIP: 92348KDJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7500000 | PA      | $7582624.50   | 0.21%             | 2032-08-20      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST ELECTRIC & GAS CORP                                                  | NY STATE ELECTRIC + GAS SR UNSECURED 144A 08/28 5.65       | CUSIP: 649840CU7<br>LEI: 549300GEC6J0YHUXA160 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2078998.34   | 0.06%             | 2028-08-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY                                     | NEW YORK CITY NY TRANSITIONAL NYCGEN 05/37 FIXED OID 4.375 | CUSIP: 64972JLP1<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5298953.00   | 0.15%             | 2037-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QD9682 FR 04/52 FIXED 4                  | CUSIP: 3133B7XK9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    434677 | PA      | $410729.89    | 0.01%             | 2052-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB5985 FN 11/52 FIXED 2.5                        | CUSIP: 3140QRUK7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    144653 | PA      | $122169.49    | 0.00%             | 2052-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST                        | AERCAP IRELAND CAP/GLOBA COMPANY GUAR 10/26 2.45           | CUSIP: 00774MAV7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   4000000 | PA      | $3931062.68   | 0.11%             | 2026-10-29      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QC0373 FR 04/51 FIXED 3                  | CUSIP: 3133AJMW0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    338268 | PA      | $298134.19    | 0.01%             | 2051-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST MORTGAGE 02/27 4.875               | CUSIP: 842400JA2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1006189.64   | 0.03%             | 2027-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL ZS4718 FR 05/47 FIXED 4                  | CUSIP: 3132A5G33<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    718741 | PA      | $691406.54    | 0.02%             | 2047-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING GROEP NV ING GROEP NV                                  | CUSIP: 456837BM4<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   4500000 | PA      | $4676996.57   | 0.13%             | 2035-03-19      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCE AUTHORITY                                             | TOBACCO SETTLEMENT FIN AUTH WV TOBGEN 06/26 FIXED 1.82     | CUSIP: 88880LAH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3250017.21   | 0.09%             | 2026-06-01      | Fixed         | 1.82%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H10                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H10 FA             | CUSIP: 38376RUH7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1977323 | PA      | $1984453.99   | 0.05%             | 2066-04-20      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-88                                                        | FANNIE MAE FNR 2016 88 AF                                  | CUSIP: 3136AUTX9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1432041 | PA      | $1420635.24   | 0.04%             | 2046-12-25      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4637                                                          | FREDDIE MAC FHR 4637 WF                                    | CUSIP: 3137BTTH4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2061005 | PA      | $2043706.58   | 0.06%             | 2041-07-15      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| NORTHWOODS CAPITAL 25 LTD                                                        | NORTHWOODS CAPITAL LTD WOODS 2021 25A AR 144A              | CUSIP: 668468AL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2000000.00   | 0.05%             | 2034-07-20      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| WYANDOTTE COUNTY-KANSAS CITY UNIFIED GOVERNMENT UTILITY SYSTEM REVENUE           | WYANDOTTE CNTY/KANSAS CITY KS WYAUTL 09/28 FIXED 1.861     | CUSIP: 982674NH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1881493.80   | 0.05%             | 2028-09-01      | Fixed         | 1.86%                 | No            |                  2 | On Loan: No      |
| PEACEHEALTH OBLIGATED GROUP                                                      | PEACEHEALTH OBLIGATED GR SR UNSECURED 11/25 1.375          | CUSIP: 70462GAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3100000 | PA      | $3088254.57   | 0.08%             | 2025-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| SLM STUDENT LOAN TRUST 2010-C                                                    | SLM STUDENT LOAN TRUST SLMA 2010 C A5 144A                 | CUSIP: 78445QAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2324344 | PA      | $2439799.31   | 0.07%             | 2041-10-15      | Floating      | 9.01%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RA7026 FR 03/52 FIXED 3                  | CUSIP: 3133KNYX5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  10113711 | PA      | $8929075.76   | 0.24%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FM4595 FN 09/50 FIXED VAR                        | CUSIP: 3140X8C96<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    190005 | PA      | $169053.87    | 0.00%             | 2050-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4989                                                          | FREDDIE MAC FHR 4989 FA                                    | CUSIP: 3137FUKP8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    813147 | PA      | $802679.23    | 0.02%             | 2040-08-15      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP INC                                                       | MIZUHO FINANCIAL GROUP SR UNSECURED 09/31 VAR              | CUSIP: 60687YBL2<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |   2000000 | PA      | $1782468.60   | 0.05%             | 2031-09-08      | Floating      | 1.98%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL Q52305 FG 11/47 FIXED 3                  | CUSIP: 3132XUR31<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     12615 | PA      | $11308.13     | 0.00%             | 2047-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8471 FR 10/54 FIXED 6.5                | CUSIP: 3132DWMU4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2999701 | PA      | $3102532.68   | 0.08%             | 2054-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QF0923 FR 09/52 FIXED 2.5                | CUSIP: 3133BNAY9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    362170 | PA      | $306063.63    | 0.01%             | 2052-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BMO 2024-5C8 MORTGAGE TRUST                                                      | BMO MORTGAGE TRUST BMO 2024 5C8 A3                         | CUSIP: 09661XAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4500000 | PA      | $4693274.55   | 0.13%             | 2057-12-15      | Variable      | 5.63%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08841 FG 10/48 FIXED 3.5                | CUSIP: 3128MJ5B2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     77869 | PA      | $72210.45     | 0.00%             | 2048-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-40                                                        | FANNIE MAE FNR 2016 40 AF                                  | CUSIP: 3136ASK88<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     61794 | PA      | $61439.33     | 0.00%             | 2046-07-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HOLDINGS PLC                                                  | SANTANDER UK GROUP HLDGS SR UNSECURED 01/28 VAR            | CUSIP: 80281LAR6<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |   2700000 | PA      | $2637608.37   | 0.07%             | 2028-01-11      | Floating      | 2.47%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2017-H01                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2017 H01 FC             | CUSIP: 38376RN85<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1599854 | PA      | $1606936.35   | 0.04%             | 2066-12-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BQ3719 FN 09/50 FIXED 3                          | CUSIP: 3140KPDZ3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    102957 | PA      | $90649.17     | 0.00%             | 2050-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QI4230 FR 04/54 FIXED 6.5                | CUSIP: 3133WAVX3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999900 | PA      | $1034486.17   | 0.03%             | 2054-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-77                                                        | FANNIE MAE FNR 2024 77 DF                                  | CUSIP: 3136BTWY5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2185460 | PA      | $2197435.39   | 0.06%             | 2053-10-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES K509                | FHLMC MULTIFAMILY STRUCTURED P FHMS K509 A2                | CUSIP: 3137HAST4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1400000 | PA      | $1432725.84   | 0.04%             | 2028-09-25      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AS1338 FN 12/43 FIXED 5                          | CUSIP: 3138WAPY7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    276981 | PA      | $281880.40    | 0.01%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT COMPANY                                                    | FLORIDA POWER + LIGHT CO FLORIDA POWER + LIGHT CO          | CUSIP: 341081GT8<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |   8500000 | PA      | $8825652.00   | 0.24%             | 2029-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5513                                                          | FREDDIE MAC FHR 5513 MF                                    | CUSIP: 3137HKEX8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  32784624 | PA      | $32840659.48  | 0.90%             | 2054-11-25      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST 2018-B2                                                 | BENCHMARK MORTGAGE TRUST BMARK 2018 B2 ASB                 | CUSIP: 08161CAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    433380 | PA      | $431030.47    | 0.01%             | 2051-02-15      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL FUNDING                                                   | PROTECTIVE LIFE GLOBAL SECURED 144A 12/28 5.467            | CUSIP: 74368CBV5<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1038195.07   | 0.03%             | 2028-12-08      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2021-1 CLASS A PASS THROUGH TRUST                              | AMER AIRLINE 21 1A EETC PASS THRU CE 01/36 2.875           | CUSIP: 02379KAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1342609 | PA      | $1219068.55   | 0.03%             | 2036-01-11      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC                                                  | PHILIP MORRIS INTL INC SR UNSECURED 04/30 4.375            | CUSIP: 718172DT3<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   5100000 | PA      | $5125219.81   | 0.14%             | 2030-04-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H31                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H31 FT             | CUSIP: 38376RMX1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    209527 | PA      | $210007.27    | 0.01%             | 2065-11-20      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS4711 FN 09/51 FIXED VAR                        | CUSIP: 3140XLGV4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    825163 | PA      | $696087.80    | 0.02%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS GROUP AG SR UNSECURED 144A 02/32 VAR                   | CUSIP: 902613AE8<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  12000000 | PA      | $10591034.64  | 0.29%             | 2032-02-11      | Floating      | 2.10%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 02/32 VAR                 | CUSIP: 46647PBX3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  13900000 | PA      | $12291241.80  | 0.34%             | 2032-02-04      | Floating      | 1.95%                 | No            |                  2 | On Loan: No      |
| GUARDIAN LIFE GLOBAL FUNDING                                                     | GUARDIAN LIFE GLOB FUND SR SECURED 144A 10/28 5.737        | CUSIP: 40139LBH5<br>LEI: 635400NHILJ5JEKILC36 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6277074.06   | 0.17%             | 2028-10-02      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| SFS AUTO RECEIVABLES SECURITIZATION TRUST 2024-1A                                | SFS AUTO RECEIVABLES SECURITIZ SFAST 2024 1A A4 144A       | CUSIP: 78435VAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $508181.45    | 0.01%             | 2031-01-21      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RJ0147 FR 09/53 FIXED 2.5                | CUSIP: 3142GQEV0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    251352 | PA      | $212173.54    | 0.01%             | 2053-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FORD CREDIT AUTO OWNER TRUST 2023-REV2                                           | FORD CREDIT AUTO OWNER TRUST/F FORDR 2023 2 A 144A         | CUSIP: 34535CAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3800000 | PA      | $3924468.62   | 0.11%             | 2036-02-15      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 02/35 4.625                                | CUSIP: 91282CMM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14400000 | PA      | $14968124.93  | 0.41%             | 2035-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 03/27 3.3              | CUSIP: 694308HS9<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2960869.41   | 0.08%             | 2027-03-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| WORLD OMNI AUTO RECEIVABLES TRUST 2023-C                                         | WORLD OMNI AUTO RECEIVABLES TR WOART 2023 C A3             | CUSIP: 98164FAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1827737 | PA      | $1838706.01   | 0.05%             | 2028-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AD0362 FN 10/39 FIXED VAR                        | CUSIP: 31418MML3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     29408 | PA      | $30472.19     | 0.00%             | 2039-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5051                                                          | FREDDIE MAC FHR 5051 MA                                    | CUSIP: 3137F7YY5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1734769 | PA      | $1567618.89   | 0.04%             | 2047-05-25      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA5390 FN 06/54 FIXED 6.5                        | CUSIP: 31418E7C8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999900 | PA      | $1035244.50   | 0.03%             | 2054-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP INC                                                       | MIZUHO FINANCIAL GROUP SR UNSECURED 05/32 VAR              | CUSIP: 60687YBQ1<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |  15450000 | PA      | $13619429.77  | 0.37%             | 2032-05-22      | Floating      | 2.17%                 | No            |                  2 | On Loan: No      |
| JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST 2014-C24                              | JPMBB COMMERCIAL MORTGAGE SECU JPMBB 2014 C24 A5           | CUSIP: 46643GAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    217788 | PA      | $213700.32    | 0.01%             | 2047-11-15      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BR6304 FN 04/51 FIXED 2.5                        | CUSIP: 3140L5AE6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3563921 | PA      | $3006439.63   | 0.08%             | 2051-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BGCLO 19A                                                                        | BIRCH GROVE CLO LTD. BGCLO 19A A1RR 144A                   | CUSIP: 09075JAU3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6200000 | PA      | $6231011.90   | 0.17%             | 2037-07-17      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 04/30 5.2                  | CUSIP: 29273VBD1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2269316.54   | 0.06%             | 2030-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2015-1 CLASS A PASS THROUGH TRUST                              | AMER AIRLN 15 1 A PTT PASS THRU CE 11/28 3.375             | CUSIP: 023770AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3014603 | PA      | $2967194.83   | 0.08%             | 2028-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FM1796 FN 10/34 FIXED VAR                        | CUSIP: 3140X47J9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1714556 | PA      | $1687273.73   | 0.05%             | 2034-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DC1355 FN 09/54 FIXED 6.5                        | CUSIP: 3140ANQH5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999901 | PA      | $1034178.08   | 0.03%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ANCHORAGE CAPITAL CLO 21 LTD                                                     | ANCHORAGE CAPITAL CLO LTD ANCHC 2021 21A AR 144A           | CUSIP: 03331KAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4200000 | PA      | $4204006.21   | 0.12%             | 2034-10-20      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CA4979 FN 01/50 FIXED 3                          | CUSIP: 3140QCQ90<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    161802 | PA      | $143923.26    | 0.00%             | 2050-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSECURED 07/32 VAR                      | CUSIP: 61747YED3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $971772.48    | 0.03%             | 2032-07-21      | Floating      | 2.24%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 01/32 4.375                                | CUSIP: 91282CMK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1100000 | PA      | $1130593.75   | 0.03%             | 2032-01-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FM8692 FN 09/51 FIXED VAR                        | CUSIP: 3140XCUS5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    236793 | PA      | $199750.80    | 0.01%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2015-UBS8                                         | MORGAN STANLEY CAPITAL I TRUST MSC 2015 UBS8 A4            | CUSIP: 61691ABL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1678312 | PA      | $1673486.82   | 0.05%             | 2048-12-15      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| WSTN TRUST 2023-MAUI                                                             | WSTN TRUST WSTN 2023 MAUI A 144A                           | CUSIP: 92943AAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $3060906.60   | 0.08%             | 2037-07-05      | Variable      | 6.52%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP 2023-6A LLC                                 | AVIS BUDGET RENTAL CAR FUNDING AESOP 2023 6A A 144A        | CUSIP: 05377RHG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7900000 | PA      | $8239398.22   | 0.23%             | 2029-12-20      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| NAVIENT STUDENT LOAN TRUST 2017-5A                                               | NAVIENT STUDENT LOAN TRUST NAVSL 2017 5A A 144A            | CUSIP: 63940CAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1849086 | PA      | $1855686.05   | 0.05%             | 2066-07-26      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| VIRGINIA POWER FUEL SECURITIZATION LLC                                           | VIRGINIA POWER FUEL SEC SR SECURED 05/29 5.088             | CUSIP: 92808VAA0<br>LEI: 254900BELJ95ONW6U791 | Long             | DBT              | CORP              | US        |   3343222 | PA      | $3361931.49   | 0.09%             | 2029-05-01      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE LLC                                                             | BAYER US FINANCE LLC BAYER US FINANCE LLC                  | CUSIP: 07274EAL7<br>LEI: 54930093Q75GSEM74I71 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1942428.96   | 0.05%             | 2033-11-21      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SAMMONS FINANCIAL GROUP GLOBAL FUNDING                                           | SAMMONS FINANCIAL GLOBAL SR SECURED 144A 09/27 VAR         | CUSIP: 79587J2D4<br>LEI: 635400IPRNPM6HDHRS48 | Long             | DBT              | CORP              | US        |   4250000 | PA      | $4254992.69   | 0.12%             | 2027-09-02      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2010-58                                                               | FANNIE MAE FNR 2010 58 FY                                  | CUSIP: 31398RXN0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    119058 | PA      | $119271.69    | 0.00%             | 2040-06-25      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4624 FN 06/52 FIXED 3                          | CUSIP: 31418ED64<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  22362560 | PA      | $19679368.36  | 0.54%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2016-1 CLASS A PASS THROUGH TRUST                                | UNITED AIR 2016 1 A PTT PASS THRU CE 01/30 3.45            | CUSIP: 90931MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    520088 | PA      | $499808.10    | 0.01%             | 2030-01-07      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AE0154 FN 07/40 FIXED VAR                        | CUSIP: 31419AE45<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     61453 | PA      | $63676.81     | 0.00%             | 2040-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCE AUTHORITY                                             | TOBACCO SETTLEMENT FIN AUTH WV TOBGEN 06/28 FIXED 2.351    | CUSIP: 88880LAK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2853223.20   | 0.08%             | 2028-06-01      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA 05/35 1                                            | CUSIP: 05571AAY1<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   1200000 | PA      | $1257557.02   | 0.03%             | 2035-05-30      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4653 FN 07/52 FIXED 3                          | CUSIP: 31418EE30<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  22715969 | PA      | $20008075.47  | 0.55%             | 2052-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2019-1 CLASS A PASS THROUGH TRUST                                | UNITED AIR 2019 1 A PTT PASS THRU CE 08/31 4.55            | CUSIP: 90931EAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3051312 | PA      | $2937953.74   | 0.08%             | 2031-08-25      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08877 FG 05/49 FIXED 4                  | CUSIP: 3128MJ6P0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2832215 | PA      | $2721694.20   | 0.07%             | 2049-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC SR UNSECURED 03/32 VAR                        | CUSIP: 06738EBR5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   1400000 | PA      | $1267542.72   | 0.03%             | 2032-03-10      | Floating      | 2.67%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                                                           | BROOKFIELD FINANCE INC COMPANY GUAR 04/30 4.35             | CUSIP: 11271LAE2<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    550000 | PA      | $549844.39    | 0.02%             | 2030-04-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                                              | COMCAST CORP COMCAST CORP                                  | CUSIP: 20030NEH0<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2068311.88   | 0.06%             | 2029-06-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| CITY OF RIVERSIDE CA ELECTRIC REVENUE                                            | RIVERSIDE CA ELEC REVENUE RIVPWR 10/40 FIXED 7.605         | CUSIP: 768874SG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $600454.50    | 0.02%             | 2040-10-01      | Fixed         | 7.61%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AN5171 FN 04/27 FIXED 3.29                       | CUSIP: 3138LHW91<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6407000 | PA      | $6343015.21   | 0.17%             | 2027-04-01      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DC3275 FN 09/54 FIXED 6.5                        | CUSIP: 3140AQT93<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999901 | PA      | $1036112.72   | 0.03%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AREIT TRUST 2022-CRE7                                                            | AREIT CRE TRUST AREIT 2022 CRE7 A 144A                     | CUSIP: 00217VAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2401930 | PA      | $2406213.58   | 0.07%             | 2039-06-17      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS8790 FN 07/54 FIXED VAR                        | CUSIP: 3140XQXU6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999901 | PA      | $1035237.39   | 0.03%             | 2054-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SFS AUTO RECEIVABLES SECURITIZATION TRUST 2024-1A                                | SFS AUTO RECEIVABLES SECURITIZ SFAST 2024 1A A3 144A       | CUSIP: 78435VAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    810078 | PA      | $815655.08    | 0.02%             | 2029-05-21      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8262 FR 09/52 FIXED 2.5                | CUSIP: 3132DWFB4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6490140 | PA      | $5489609.40   | 0.15%             | 2052-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LINCOLN FINANCIAL GLOBAL FUNDING                                                 | LINCOLN FIN GLBL FUNDING SECURED 144A 08/30 4.625          | CUSIP: 53359KAC5<br>LEI: 984500OC010458395923 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2013582.00   | 0.06%             | 2030-08-18      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL MORTGAGE PASS THRU CERTIFICATIONS 2016-COR1                           | COMM MORTGAGE TRUST COMM 2016 COR1 A4                      | CUSIP: 12594MBC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3700000 | PA      | $3643783.68   | 0.10%             | 2049-10-10      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08783 FG 10/47 FIXED 3                  | CUSIP: 3128MJ2R0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     33607 | PA      | $30397.32     | 0.00%             | 2047-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS6035 FN 06/51 FIXED VAR                        | CUSIP: 3140XMV52<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3984586 | PA      | $3366215.39   | 0.09%             | 2051-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2018-C45                                   | WELLS FARGO COMMERCIAL MORTGAG WFCM 2018 C45 ASB           | CUSIP: 95001NAW8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    751530 | PA      | $752735.75    | 0.02%             | 2051-06-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H27                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H27 FA             | CUSIP: 38376RHR0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     82639 | PA      | $82805.72     | 0.00%             | 2065-09-20      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| PK ALIFT LOAN FUNDING 7 LP 2025-2                                                | PK ALIFT LOAN FUNDING PKAIR 2025 2 A 144A                  | CUSIP: 69291NAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2700000 | PA      | $2690632.13   | 0.07%             | 2043-03-15      | Fixed         | 4.75%                 | No            |                  3 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSECURED 01/28 VAR                      | CUSIP: 61747YEK7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  16100000 | PA      | $15759191.34  | 0.43%             | 2028-01-21      | Floating      | 2.48%                 | No            |                  2 | On Loan: No      |
| PINNACLE WEST CAPITAL CORPORATION                                                | PINNACLE WEST CAPITAL SR UNSECURED 05/30 5.15              | CUSIP: 723484AN1<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | DBT              | CORP              | US        |    800000 | PA      | $823126.12    | 0.02%             | 2030-05-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QE1488 FR 04/52 FIXED 2.5                | CUSIP: 3133BAUM1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    571558 | PA      | $485089.53    | 0.01%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8275 FR 12/52 FIXED 4.5                | CUSIP: 3132DWFQ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6993960 | PA      | $6818427.16   | 0.19%             | 2052-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CATAMARAN CLO LTD 2014-1A                                                        | CATAMARAN CLO LTD CRMN 2014 1A A1AR 144A                   | CUSIP: 14889DAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1052385 | PA      | $1053700.91   | 0.03%             | 2030-04-22      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST 2019-C17                                           | UBS COMMERCIAL MORTGAGE TRUST UBSCM 2019 C17 ASB           | CUSIP: 90278MAY3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5562398 | PA      | $5427544.80   | 0.15%             | 2052-10-15      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CREDIT CARD TRUST 2023-A1                                        | BANK OF AMERICA CREDIT CARD TR BACCT 2023 A1 A1            | CUSIP: 05522RDG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  12600000 | PA      | $12664881.18  | 0.35%             | 2028-05-15      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA/NEW YORK BRANCH                                         | COOPERAT RABOBANK UA/NY 10/29 4.494                        | CUSIP: 21688ABH4<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |   4000000 | PA      | $4076982.04   | 0.11%             | 2029-10-17      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| APIDOS CLO XI 2012-11A                                                           | APIDOS CLO LTD APID 2012 11A AR4 144A                      | CUSIP: 03763YBY1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6800000 | PA      | $6810123.70   | 0.19%             | 2034-04-17      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| VERDELITE STATIC CLO LTD 2024-1                                                  | VERDELITE STATIC CLO LTD BVSTAT 2024 1A A 144A             | CUSIP: 92338VAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   4911488 | PA      | $4915342.30   | 0.13%             | 2032-07-20      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8455 FR 08/54 FIXED 6.5                | CUSIP: 3132DWMC4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2999701 | PA      | $3102530.68   | 0.08%             | 2054-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY COMPANY                                                         | CONSUMERS ENERGY CO CONSUMERS ENERGY CO                    | CUSIP: 210518DX1<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1788253.25   | 0.05%             | 2030-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| OZLM XXIV LTD 2019-24A                                                           | OZLM LTD OZLM 2019 24A A1AR 144A                           | CUSIP: 67113DAW4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2802522 | PA      | $2807979.20   | 0.08%             | 2032-07-20      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2019-L3                                           | MORGAN STANLEY CAPITAL I TRUST MSC 2019 L3 ASB             | CUSIP: 61691UBC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5135250 | PA      | $5021662.87   | 0.14%             | 2052-11-15      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST 2016-C4                               | JPMDB COMMERCIAL MORTGAGE SECU JPMDB 2016 C4 ASB           | CUSIP: 46646RAK9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     60274 | PA      | $59843.98     | 0.00%             | 2049-12-15      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | LLOYDS BANKING GROUP PLC SR UNSECURED 08/28 4.55           | CUSIP: 539439AT6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $2020956.36   | 0.06%             | 2028-08-16      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP LLC 2023-3A                                 | AVIS BUDGET RENTAL CAR FUNDING AESOP 2023 3A A 144A        | CUSIP: 05377RGU2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5075562.00   | 0.14%             | 2028-02-22      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| FIRST AMERICAN FINANCIAL CORPORATION                                             | FIRST AMERICAN FINANCIAL SR UNSECURED 08/31 2.4            | CUSIP: 31847RAH5<br>LEI: 549300B6VEZK3N0A1P55 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1826341.38   | 0.05%             | 2031-08-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H30                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H30 FA             | CUSIP: 38376RKZ8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       668 | PA      | $669.13       | 0.00%             | 2061-08-20      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2019-136                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2019 136 P              | CUSIP: 38382A5Y7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4734231 | PA      | $3934289.61   | 0.11%             | 2045-10-20      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| JAMESTOWN CLO XVI LTD 2021-16A                                                   | JAMESTOWN CLO LTD JTWN 2021 16A AR 144A                    | CUSIP: 47048RAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3200000 | PA      | $3199704.83   | 0.09%             | 2034-07-25      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 10/30 4.875                                | CUSIP: 91282CJG7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 175425000 | PA      | $184432663.26 | 5.05%             | 2030-10-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AS2740 FN 06/44 FIXED 5                          | CUSIP: 3138WCBJ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     34178 | PA      | $34262.38     | 0.00%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QE1102 FR 04/52 FIXED 2.5                | CUSIP: 3133BAGK1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1436927 | PA      | $1212873.26   | 0.03%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EXTENDED STAY AMERICA TRUST 2021-ESH                                             | EXTENDED STAY AMERICA TRUST ESA 2021 ESH A 144A            | CUSIP: 30227FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  21840849 | PA      | $21857829.95  | 0.60%             | 2038-07-15      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY COMPANY                                                         | CONSUMERS ENERGY CO 1ST MORTGAGE 02/29 4.9                 | CUSIP: 210518DV5<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |   5300000 | PA      | $5436294.80   | 0.15%             | 2029-02-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST 2024-2                              | AMERICAN EXPRESS CREDIT ACCOUN AMXCA 2024 2 A              | CUSIP: 02582JKF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6000000 | PA      | $6267418.20   | 0.17%             | 2031-04-15      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY MORGAN STANLEY                              | CUSIP: 61747YFQ3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2088927.46   | 0.06%             | 2030-04-18      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST 2019-B13                                                | BENCHMARK MORTGAGE TRUST BMARK 2019 B13 ASB                | CUSIP: 08162DAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3499467 | PA      | $3419781.91   | 0.09%             | 2057-08-15      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OPERATING PARTNERSHIP LP                                        | INVITATION HOMES OP COMPANY GUAR 08/31 2                   | CUSIP: 46188BAA0<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1556514.74   | 0.04%             | 2031-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS GROUP AG SR UNSECURED 144A 05/32 VAR                   | CUSIP: 225401AU2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   6600000 | PA      | $6108999.40   | 0.17%             | 2032-05-14      | Floating      | 3.09%                 | No            |                  2 | On Loan: No      |
| GEORGETOWN UNIVERSITY (THE)                                                      | GEORGETOWN UNIVERSITY SR UNSECURED 04/30 2.247             | CUSIP: 37310PAE1<br>LEI: 549300GCL3B0KVXSX752 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4084433.69   | 0.11%             | 2030-04-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| AREIT TRUST 2022-CRE6                                                            | AREIT CRE TRUST AREIT 2022 CRE6 A 144A                     | CUSIP: 04002VAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   3140949 | PA      | $3142933.35   | 0.09%             | 2037-01-20      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5440                                                          | FREDDIE MAC FHR 5440 F                                     | CUSIP: 3137HDY79<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2220026 | PA      | $2230550.39   | 0.06%             | 2054-08-25      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 04/30 3.875                                | CUSIP: 91282CMZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11500000 | PA      | $11574794.97  | 0.32%             | 2030-04-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC AND GAS COMPANY                                          | PUBLIC SERVICE ELECTRIC SECURED 08/34 4.85                 | CUSIP: 74456QCS3<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |   3700000 | PA      | $3737443.74   | 0.10%             | 2034-08-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4623 FN 06/52 FIXED 2.5                        | CUSIP: 31418ED56<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    960975 | PA      | $814202.03    | 0.02%             | 2052-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT COMPANY                                                    | FLORIDA POWER + LIGHT CO 1ST MORTGAGE 06/34 5.3            | CUSIP: 341081GU5<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3131523.42   | 0.09%             | 2034-06-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 10/30 VAR                 | CUSIP: 46647PBE5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2550441.44   | 0.07%             | 2030-10-15      | Floating      | 2.74%                 | No            |                  2 | On Loan: No      |
| OCTAGON INVESTMENT PARTNERS 40 LTD 2019-1A                                       | OCTAGON INVESTMENT PARTNERS 40 OCT40 2019 1A A1RR 144A     | CUSIP: 67592BAY4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6700000 | PA      | $6711722.32   | 0.18%             | 2035-01-20      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| TPG REAL ESTATE FINANCE ISSUER LTD 2022-FL5                                      | TPG REAL ESTATE FINANCE TRTX 2022 FL5 A 144A               | CUSIP: 87277JAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4073393 | PA      | $4083868.37   | 0.11%             | 2039-02-15      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2025-V16 MORTGAGE TRUST                                                | BENCHMARK MORTGAGE TRUST BMARK 2025 V16 A3                 | CUSIP: 08164RAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2700000 | PA      | $2809654.02   | 0.08%             | 2058-08-15      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST  2019-COR6                            | JPMDB COMMERCIAL MORTGAGE SECU JPMDB 2019 COR6 ASB         | CUSIP: 48129RAZ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2651245 | PA      | $2599569.50   | 0.07%             | 2052-11-13      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP PARIBAS 144A 04/32 VAR                                 | CUSIP: 09659W2P8<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   7050000 | PA      | $6408236.10   | 0.18%             | 2032-04-19      | Floating      | 2.87%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.62000 02/14/25-5Y LCH                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-391314.26   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| COUNTY OF FRESNO CA                                                              | FRESNO CNTY CA PENSN OBLG FREGEN 08/30 ZEROCPNOID 0        | CUSIP: 358266CH5<br>LEI: 549300JJ6NWR5CVGI705 | Long             | DBT              | MUN               | US        |   5200000 | PA      | $4217857.28   | 0.12%             | 2030-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ANCHORAGE CREDIT FUNDING 2 LTD 2015-2A                                           | ANCHORAGE CREDIT FUNDING LTD. ANCHF 2015 2A ARV 144A       | CUSIP: 03329LAS0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2900000 | PA      | $2858182.29   | 0.08%             | 2038-04-25      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD2613 FR 01/53 FIXED 4.5                | CUSIP: 3132DP3W6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  15714811 | PA      | $15320389.35  | 0.42%             | 2053-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ICG-2021-3A                                                                      | ICG US CLO LTD ICG 2021 3A AR 144A                         | CUSIP: 449249AS0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4500000 | PA      | $4505294.25   | 0.12%             | 2034-10-20      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| STANFORD UNIVERSITY                                                              | STANFORD UNIVERSITY SR UNSECURED 03/35 4.679               | CUSIP: 85440KAE4<br>LEI: JIUV0DC2REIJXQ26CR37 | Long             | DBT              | CORP              | US        |   5300000 | PA      | $5329812.87   | 0.15%             | 2035-03-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 2.5 SINGLE FAMILY MORTGAGE                  | CUSIP: 01F0226A8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  76600000 | PA      | $64547150.86  | 1.77%             | 2055-10-14      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TEXAS ELECTRIC MARKET STABILIZATION FUNDING N LLC                                | TEXAS ELECTRIC MKT STABL SR SECURED 144A 02/44 4.966       | CUSIP: 88240TAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4600000 | PA      | $4560660.89   | 0.12%             | 2044-02-01      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2020-1 CLASS A PASS THROUGH TRUST                                | UNITED AIR 2020 1 A PTT PASS THRU CE 04/29 5.875           | CUSIP: 90931GAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3392749 | PA      | $3489954.82   | 0.10%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5511                                                          | FREDDIE MAC FHR 5511 FG                                    | CUSIP: 3137HKKP8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3743499 | PA      | $3758272.36   | 0.10%             | 2055-03-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2023-BA                                | NAVIENT STUDENT LOAN TRUST NAVSL 2023 BA A1A 144A          | CUSIP: 63942TAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    893957 | PA      | $919261.40    | 0.03%             | 2072-03-15      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| CSWF 2021-SOP2                                                                   | CREDIT SUISSE COMMERCIAL MORTG CSWF 2021 SOP2 A 144A       | CUSIP: 12657VAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     13030 | PA      | $12658.86     | 0.00%             | 2034-06-15      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | WELLS FARGO + COMPANY SR UNSECURED 06/28 VAR               | CUSIP: 95000U2S1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   2800000 | PA      | $2722430.62   | 0.07%             | 2028-06-02      | Floating      | 2.39%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QJ5545 FR 09/54 FIXED 6.5                | CUSIP: 3133CWES7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999900 | PA      | $1034628.69   | 0.03%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RA8828 FR 04/52 FIXED 2.5                | CUSIP: 3133KQYZ3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    673756 | PA      | $569934.82    | 0.02%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SEMPRA                                                                           | SEMPRA SR UNSECURED 08/26 5.4                              | CUSIP: 816851BQ1<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1614432.16   | 0.04%             | 2026-08-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC SR UNSECURED 06/28 VAR             | CUSIP: 38141GWL4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   7175000 | PA      | $7123987.40   | 0.20%             | 2028-06-05      | Floating      | 3.69%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | ATHENE GLOBAL FUNDING SECURED 144A 01/30 5.38              | CUSIP: 04685A4G3<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4645411.29   | 0.13%             | 2030-01-07      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB3364 FN 04/52 FIXED 3                          | CUSIP: 3140QNW24<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3985371 | PA      | $3510263.51   | 0.10%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8507 FR 02/55 FIXED 6                  | CUSIP: 3132DWNY5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  16944428 | PA      | $17336452.74  | 0.47%             | 2055-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8265 FR 11/52 FIXED 4                  | CUSIP: 3132DWFE8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  32123206 | PA      | $30362817.88  | 0.83%             | 2052-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL Q60419 FG 12/48 FIXED 4                  | CUSIP: 3132VLPD3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3798382 | PA      | $3654217.72   | 0.10%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2013-H24                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2013 H24 FB             | CUSIP: 38375UBR0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      6630 | PA      | $6667.70      | 0.00%             | 2063-09-20      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL Q53483 FG 01/48 FIXED 3                  | CUSIP: 3132XV2R3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1049351 | PA      | $938120.07    | 0.03%             | 2048-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE                    | CUSIP: 01F0306B9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  23500000 | PA      | $20645989.39  | 0.57%             | 2055-11-13      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AJ9872 FN 01/42 FIXED 5                          | CUSIP: 3138E26J9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     58594 | PA      | $59835.59     | 0.00%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CBAMR 2019-9A                                                                    | CBAMR LTD CBAMR 2019 9A AR 144A                            | CUSIP: 14987VAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   9200000 | PA      | $9245345.51   | 0.25%             | 2037-07-15      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 10/31 VAR                | CUSIP: 06051GJL4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2576485.25   | 0.07%             | 2031-10-24      | Floating      | 1.92%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08803 FG 03/48 FIXED 3                  | CUSIP: 3128MJ3M0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   7960577 | PA      | $7163451.80   | 0.20%             | 2048-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8283 FR 11/52 FIXED 2.5                | CUSIP: 3132DWFY4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    837178 | PA      | $707737.55    | 0.02%             | 2052-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5092                                                          | FREDDIE MAC FHR 5092 XA                                    | CUSIP: 3137FYEX0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3979763 | PA      | $3471532.90   | 0.10%             | 2041-01-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| EASTERN ENERGY GAS HOLDINGS LLC                                                  | EASTERN ENERGY GAS SR UNSECURED 01/35 5.8                  | CUSIP: 27636AAB8<br>LEI: 549300BFOD6TDMVV4O24 | Long             | DBT              | CORP              | US        |   4100000 | PA      | $4316327.64   | 0.12%             | 2035-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| ATCLO-2021-17A                                                                   | ATLAS SENIOR LOAN FUND LTD ATCLO 2021 17A AR 144A          | CUSIP: 04942FAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000936.10   | 0.03%             | 2034-10-20      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| BON SECOURS MERCY HEALTH INC                                                     | BON SECOURS MERCY SECURED 06/30 3.464                      | CUSIP: 09778PAA3<br>LEI: 5493006NA7JSVYYYF398 | Long             | DBT              | CORP              | US        |  12000000 | PA      | $11639232.96  | 0.32%             | 2030-06-01      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4638                                                          | FREDDIE MAC FHR 4638 FA                                    | CUSIP: 3137BTH38<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1326802 | PA      | $1317941.98   | 0.04%             | 2040-07-15      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL FUNDING                                                   | PROTECTIVE LIFE GLOBAL PROTECTIVE LIFE GLOBAL              | CUSIP: 74368CBX1<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1818804.04   | 0.05%             | 2027-01-12      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS9204 FN 09/54 FIXED VAR                        | CUSIP: 3140XRGN9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999901 | PA      | $1034356.37   | 0.03%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NYO COMMERCIAL MORTGAGE TRUST 2021-1290                                          | NYO COMMERCIAL MORTGAGE TRUST NYO 2021 1290 A 144A         | CUSIP: 62955HAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  18000000 | PA      | $17952805.80  | 0.49%             | 2038-11-15      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | SUTTER HEALTH UNSECURED 08/28 3.695                        | CUSIP: 86944BAD5<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1289448.60   | 0.04%             | 2028-08-15      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FM3241 FN 03/50 FIXED VAR                        | CUSIP: 3140X6S77<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  12949723 | PA      | $11578248.16  | 0.32%             | 2050-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE UNIVERSITY                                                      | CALIFORNIA ST UNIV REVENUE CASHGR 11/27 FIXED 1.338        | CUSIP: 13077DMN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $951273.30    | 0.03%             | 2027-11-01      | Fixed         | 1.34%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2010-107                                                       | FANNIE MAE FNR 2010 107 KF                                 | CUSIP: 31398NKX1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    202792 | PA      | $199692.93    | 0.01%             | 2036-03-25      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QG5000 FR 06/53 FIXED 2.5                | CUSIP: 3133C5RV5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    929559 | PA      | $784290.83    | 0.02%             | 2053-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                             | GNMA II TBA 30 YR 3 JUMBOS                                 | CUSIP: 21H0306B5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        | 117100000 | PA      | $104552689.33 | 2.86%             | 2055-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BANQUE FEDERATIVE DU CREDIT MUTUEL (BFCM)                                        | BANQUE FED CRED MUTUEL 144A 07/26 5.896                    | CUSIP: 06675FBA4<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   3450000 | PA      | $3498178.94   | 0.10%             | 2026-07-13      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| VIRGINIA POWER FUEL SECURITIZATION LLC                                           | VIRGINIA POWER FUEL SEC SR SECURED 05/33 4.877             | CUSIP: 92808VAB8<br>LEI: 254900BELJ95ONW6U791 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5119262.75   | 0.14%             | 2033-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA3414 FN 07/48 FIXED 3.5                        | CUSIP: 31418CYL2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    586887 | PA      | $545141.97    | 0.01%             | 2048-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08591 FG 06/44 FIXED 3.5                | CUSIP: 3128MJUR9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     70106 | PA      | $66098.86     | 0.00%             | 2044-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB2929 FN 02/52 FIXED 3                          | CUSIP: 3140QNHF2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    298272 | PA      | $264716.68    | 0.01%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QH3374 FR 10/53 FIXED 2.5                | CUSIP: 3133CFXB0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     27109 | PA      | $22886.26     | 0.00%             | 2053-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA3897 FN 01/35 FIXED 3                          | CUSIP: 31418DKK7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2125669 | PA      | $2061121.02   | 0.06%             | 2035-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | US 5YR NOTE (CBT) DEC25 XCBT 20251231                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      4608 | NC      | $-274029.95   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8271 FR 10/52 FIXED 2.5                | CUSIP: 3132DWFL2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    908762 | PA      | $768819.56    | 0.02%             | 2052-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | SUTTER HEALTH UNSECURED 08/35 5.537                        | CUSIP: 86944BAQ6<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |    400000 | PA      | $420022.38    | 0.01%             | 2035-08-15      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| TENNESSEE VALLEY AUTHORITY (TVA)                                                 | TENN VALLEY AUTHORITY SR UNSECURED 08/34 4.375             | CUSIP: 880591FB3<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   3200000 | PA      | $3237264.45   | 0.09%             | 2034-08-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | ELEVANCE HEALTH INC SR UNSECURED 02/35 5.2                 | CUSIP: 036752BD4<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |   3200000 | PA      | $3262784.42   | 0.09%             | 2035-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 889561 FN 06/38 FIXED VAR                        | CUSIP: 31410KJE5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     97214 | PA      | $100809.90    | 0.00%             | 2038-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MEXICO GOVT                                                                      | UNITED MEXICAN STATES SR UNSECURED 05/30 6                 | CUSIP: 91087BBB5<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1900000 | PA      | $1997945.00   | 0.05%             | 2030-05-13      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AL5853 FN 05/44 FIXED VAR                        | CUSIP: 3138ENQF9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    115343 | PA      | $118860.63    | 0.00%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8266 FR 11/52 FIXED 4.5                | CUSIP: 3132DWFF5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  50822118 | PA      | $49546587.44  | 1.36%             | 2052-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEUBERGER BERMAN LOAN ADVISERS CLO 43 LTD 2021-43A                               | NEUBERGER BERMAN CLO LTD NEUB 2021 43A AR 144A             | CUSIP: 64134AAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2800000 | PA      | $2803108.36   | 0.08%             | 2036-07-17      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC 4559                                                                 | FREDDIE MAC FHR 4559 AF                                    | CUSIP: 3137BNCR3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1370436 | PA      | $1382641.36   | 0.04%             | 2042-03-15      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                                         | UNIV OF CALIFORNIA CA REVENUES UNVHGR 05/27 FIXED 1.366    | CUSIP: 91412HFP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2886239.10   | 0.08%             | 2027-05-15      | Fixed         | 1.37%                 | No            |                  2 | On Loan: No      |
| NEUBERGER BERMAN LOAN ADVISERS CLO 45 LTD 2021-45A                               | NEUBERGER BERMAN CLO LTD NEUB 2021 45A AR 144A             | CUSIP: 64134MAJ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2800000 | PA      | $2803294.90   | 0.08%             | 2036-10-14      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H17                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H17 FM             | CUSIP: 38376RXJ0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       499 | PA      | $497.25       | 0.00%             | 2066-08-20      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA5271 FN 02/54 FIXED 5.5                        | CUSIP: 31418E2D1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  28480153 | PA      | $28789489.62  | 0.79%             | 2054-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QD7266 FR 02/52 FIXED 2.5                | CUSIP: 3133B5CB6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1103047 | PA      | $934553.39    | 0.03%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE UNIVERSITY                                                      | CALIFORNIA ST UNIV REVENUE CASHGR 11/29 FIXED 1.69         | CUSIP: 13077DMQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4031258.88   | 0.11%             | 2029-11-01      | Fixed         | 1.69%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                           | EXTRA SPACE STORAGE LP COMPANY GUAR 06/35 5.4              | CUSIP: 30225VAU1<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |   3250000 | PA      | $3322391.96   | 0.09%             | 2035-06-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB4121 FN 07/52 FIXED 4                          | CUSIP: 3140QPSK4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    438106 | PA      | $413805.83    | 0.01%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NATWEST GROUP PLC SR UNSECURED 06/27 VAR                   | CUSIP: 639057AC2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |  10000000 | PA      | $9813170.80   | 0.27%             | 2027-06-14      | Floating      | 1.64%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | COMMONSPIRIT HEALTH SR SECURED 10/30 2.782                 | CUSIP: 20268JAF0<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |   4700000 | PA      | $4347427.95   | 0.12%             | 2030-10-01      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE LLC                                                             | BAYER US FINANCE LLC BAYER US FINANCE LLC                  | CUSIP: 07274EAK9<br>LEI: 54930093Q75GSEM74I71 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2138152.78   | 0.06%             | 2030-11-21      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 06/27 5.45             | CUSIP: 694308KF3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3560292.65   | 0.10%             | 2027-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AL7090 FN 10/37 FLOATING VAR                     | CUSIP: 3138EP2Y9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    109549 | PA      | $113751.53    | 0.00%             | 2037-10-01      | Floating      | 6.36%                 | No            |                  2 | On Loan: No      |
| OHIO EDISON COMPANY                                                              | OHIO EDISON CO SR UNSECURED 144A 12/29 4.95                | CUSIP: 677347CJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1533806.58   | 0.04%             | 2029-12-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| SMITH & NEPHEW PLC                                                               | SMITH + NEPHEW PLC SR UNSECURED 03/34 5.4                  | CUSIP: 83192PAD0<br>LEI: 213800ZTMDN8S67S1H61 | Long             | DBT              | CORP              | GB        |   4825000 | PA      | $4984007.78   | 0.14%             | 2034-03-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BANK-2020-BN29                                                                   | BANK BANK 2020 BN29 ASB                                    | CUSIP: 06541TAZ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6000000 | PA      | $5698023.60   | 0.16%             | 2053-11-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| PAWNEE EQUIPMENT RECEIVABLES 2022-1                                              | PAWNEE EQUIPMENT RECEIVABLES PWNE 2022 1 A3 144A           | CUSIP: 70410DAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     77627 | PA      | $77639.40     | 0.00%             | 2028-02-15      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI DADE FLORIDA                                                     | MIAMI DADE CNTY FL SPL OBLIG MIAGEN 10/28 FIXED 1.936      | CUSIP: 59333NT37<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $941883.20    | 0.03%             | 2028-10-01      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION                         | NATIONAL RURAL UTIL COOP NATIONAL RURAL UTIL COOP          | CUSIP: 63743HFR8<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $8133770.64   | 0.22%             | 2027-05-06      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| NBN CO LIMITED                                                                   | NBN CO LTD NBN CO LTD                                      | CUSIP: 62878U2J0<br>LEI: 2549007CRZ2NT7S96A24 | Long             | DBT              | CORP              | AU        |   1400000 | PA      | $1401551.03   | 0.04%             | 2029-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QB1701 FR 08/50 FIXED 3                  | CUSIP: 3133A73J6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    110300 | PA      | $97865.57     | 0.00%             | 2050-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BP9421 FN 07/50 FIXED 3                          | CUSIP: 3140KHPF2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     33044 | PA      | $29359.82     | 0.00%             | 2050-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST 2018-B8                                                 | BENCHMARK MORTGAGE TRUST BMARK 2018 B8 A5                  | CUSIP: 08162UAW0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5700000 | PA      | $5632222.44   | 0.15%             | 2052-01-15      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-104                                                       | FANNIE MAE FNR 2024 104 FA                                 | CUSIP: 3136BUEQ9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2345363 | PA      | $2348608.95   | 0.06%             | 2055-01-25      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| ALABAMA ECONOMIC SETTLEMENT AUTHORITY                                            | ALABAMA ECON SETTLEMENT AUTH B ABMGEN 09/32 FIXED 4.263    | CUSIP: 01026CAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3545000 | PA      | $3534561.04   | 0.10%             | 2032-09-15      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD3478 FR 04/52 FIXED 2.5                | CUSIP: 3132DQ2K1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  13665751 | PA      | $11527931.43  | 0.32%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 3843                                                          | FREDDIE MAC FHR 3843 FG                                    | CUSIP: 3137A9HU3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    165166 | PA      | $164401.00    | 0.00%             | 2041-04-15      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | ELEVANCE HEALTH INC SR UNSECURED 03/31 2.55                | CUSIP: 036752AP8<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |   3200000 | PA      | $2906091.36   | 0.08%             | 2031-03-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| TCW CLO AMR LTD 2019-1A                                                          | TCW CLO 2019 1 AMR, LTD. TCW 2019 1A ASNR 144A             | CUSIP: 87241EAQ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2600000 | PA      | $2604112.00   | 0.07%             | 2034-08-16      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| AMERIPRISE FINANCIAL INC                                                         | AMERIPRISE FINANCIAL INC SR UNSECURED 12/28 5.7            | CUSIP: 03076CAN6<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1361418.27   | 0.04%             | 2028-12-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2017-H03                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2017 H03 FB             | CUSIP: 38376RQ33<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    330966 | PA      | $331779.47    | 0.01%             | 2066-06-20      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QC0416 FR 04/51 FIXED 2.5                | CUSIP: 3133AJN90<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    254435 | PA      | $214636.97    | 0.01%             | 2051-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 256555 FN 01/27 FIXED 5.5                        | CUSIP: 31371M5Q6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      4257 | PA      | $4293.85      | 0.00%             | 2027-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2007-50                                                        | FANNIE MAE FNR 2007 50 FN                                  | CUSIP: 31396V5C8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    105436 | PA      | $104251.71    | 0.00%             | 2037-06-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4548 FN 02/52 FIXED 2.5                        | CUSIP: 31418EBS8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    255132 | PA      | $215764.41    | 0.01%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BW4938 FN 05/53 FIXED 2.5                        | CUSIP: 3140MWPY6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    819192 | PA      | $691257.60    | 0.02%             | 2053-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES KJ47                | FHLMC MULTIFAMILY STRUCTURED P FHMS KJ47 A2                | CUSIP: 3137HAMP8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3000000 | PA      | $3132965.40   | 0.09%             | 2031-06-25      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BV8126 FN 04/52 FIXED 2.5                        | CUSIP: 3140MNA48<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   9110996 | PA      | $7712825.90   | 0.21%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DB8624 FN 07/54 FIXED 6.5                        | CUSIP: 3140AJSN9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999900 | PA      | $1036111.63   | 0.03%             | 2054-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8526 FR 04/55 FIXED 6.5                | CUSIP: 3132DWPK3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999900 | PA      | $1034226.76   | 0.03%             | 2055-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2025-P3                                           | CARVANA AUTO RECEIVABLES TRUST CRVNA 2025 P3 A4            | CUSIP: 14688AAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11200000 | PA      | $11185991.04  | 0.31%             | 2031-08-11      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QX9880 FR 04/55 FIXED 6.5                | CUSIP: 31426G6S9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999900 | PA      | $1034404.44   | 0.03%             | 2055-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | FISERV INC FISERV INC                                      | CUSIP: 337738BM9<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5074832.05   | 0.14%             | 2030-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CHRISTUS HEALTH                                                                  | CHRISTUS HEALTH SR SECURED 07/28 4.341                     | CUSIP: 17108JAA1<br>LEI: OQUVMAC1TV7BMO6XVW61 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3009623.34   | 0.08%             | 2028-07-01      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FM4165 FN 09/50 FIXED VAR                        | CUSIP: 3140X7TX7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    128171 | PA      | $113681.55    | 0.00%             | 2050-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HONDA AUTO RECEIVABLES OWNER TRUST 2024-3                                        | HONDA AUTO RECEIVABLES OWNER T HAROT 2024 3 A3             | CUSIP: 43813YAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4700000 | PA      | $4739053.71   | 0.13%             | 2029-03-21      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO GAS & ELECTRIC COMPANY                                                 | SAN DIEGO G + E 1ST MORTGAGE 04/35 5.4                     | CUSIP: 797440CG7<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3099943.29   | 0.08%             | 2035-04-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST 2019-C18                                           | UBS COMMERCIAL MORTGAGE TRUST UBSCM 2019 C18 ASB           | CUSIP: 90278PAY6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    777901 | PA      | $760173.68    | 0.02%             | 2052-12-15      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | FISERV INC FISERV INC                                      | CUSIP: 337738BN7<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1214900.86   | 0.03%             | 2034-08-12      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T MOBILE USA INC COMPANY GUAR 01/35 4.7                    | CUSIP: 87264ADM4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   3350000 | PA      | $3291430.88   | 0.09%             | 2035-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BANK5 2025-5YR17                                                                 | BANK5 BANK5 2025 5YR17 A2                                  | CUSIP: 06211GAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3500000 | PA      | $3541973.75   | 0.10%             | 2058-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2015-79                                                        | FANNIE MAE FNR 2015 79 FE                                  | CUSIP: 3136AQKY5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    291057 | PA      | $286821.82    | 0.01%             | 2045-11-25      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BW4871 FN 04/53 FIXED 2.5                        | CUSIP: 3140MWMV5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    376118 | PA      | $317575.79    | 0.01%             | 2053-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PARALLEL 2021-1 LTD                                                              | PARALLEL LTD PARL 2021 1A AR 144A                          | CUSIP: 69916HAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4200000 | PA      | $4203360.00   | 0.12%             | 2034-07-15      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| NORINCHUKIN BANK LTD                                                             | NORINCHUKIN BANK SR UNSECURED 144A 09/35 5.359             | CUSIP: 656029AQ8<br>LEI: 5493007VSMFZCPV1NB83 | Long             | DBT              | CORP              | JP        |   2900000 | PA      | $2948845.80   | 0.08%             | 2035-09-09      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 190445 FN 03/55 FIXED VAR                        | CUSIP: 31368HP64<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3999602 | PA      | $4136708.81   | 0.11%             | 2055-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | ATHENE GLOBAL FUNDING ATHENE GLOBAL FUNDING                | CUSIP: 04685A4A6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   6700000 | PA      | $6745423.32   | 0.18%             | 2026-08-27      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| EMPIRE STATE DEVELOPMENT CORPORATION                                             | NEW YORK ST URBAN DEV CORP REV NYSDEV 03/27 FIXED 1.496    | CUSIP: 650036AV8<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   9400000 | PA      | $9105871.18   | 0.25%             | 2027-03-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NATWEST GROUP PLC SR UNSECURED 04/26 4.8                   | CUSIP: 780097BA8<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   3000000 | PA      | $3009481.65   | 0.08%             | 2026-04-05      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| SWEPCO STORM RECOVERY FUNDING LLC                                                | SWEPCO STORM RECOVERY FU SR SECURED 09/41 4.88             | CUSIP: 870696AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5511331 | PA      | $5546607.35   | 0.15%             | 2041-09-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DD6411 FN 04/55 FIXED 6.5                        | CUSIP: 3140B7DR1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999900 | PA      | $1034469.51   | 0.03%             | 2055-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2015-87                                                        | FANNIE MAE FNR 2015 87 BF                                  | CUSIP: 3136AQWE6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    165977 | PA      | $164012.48    | 0.00%             | 2045-12-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP PARIBAS 144A 01/31 VAR                                 | CUSIP: 09659W2K9<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   4400000 | PA      | $4140457.77   | 0.11%             | 2031-01-13      | Floating      | 3.05%                 | No            |                  2 | On Loan: No      |
| JETBLUE 2019-1 CLASS AA PASS THROUGH TRUST                                       | JETBLUE 2019 1 CLASS AA PASS THRU CE 11/33 2.75            | CUSIP: 477143AH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5951600 | PA      | $5285275.54   | 0.14%             | 2033-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DD7762 FN 05/55 FIXED 6.5                        | CUSIP: 3140B8TU5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999900 | PA      | $1036695.11   | 0.03%             | 2055-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TEXAS ELECTRIC MARKET STABILIZATION FUNDING N LLC                                | TEXAS ELECTRIC MKT STABL SR SECURED 144A 08/36 4.265       | CUSIP: 88240TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8669707 | PA      | $8659171.09   | 0.24%             | 2036-08-01      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| BANK 2019-BN19                                                                   | BANK BANK 2019 BN19 A3                                     | CUSIP: 06540WBD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4300000 | PA      | $4066035.28   | 0.11%             | 2061-08-15      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-16                                                        | FANNIE MAE FNR 2025 16 FA                                  | CUSIP: 3136BU5D8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    904523 | PA      | $908209.96    | 0.02%             | 2055-03-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BV2634 FN 07/52 FIXED 4                          | CUSIP: 3140MF4U4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     23014 | PA      | $21763.97     | 0.00%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST 2023-1                              | AMERICAN EXPRESS CREDIT ACCOUN AMXCA 2023 1 A              | CUSIP: 02582JJZ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10000000 | PA      | $10056020.00  | 0.28%             | 2028-05-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2020-PTA                                        | SMB PRIVATE EDUCATION LOAN TRU SMB 2020 PTA A2B 144A       | CUSIP: 78449VAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    409748 | PA      | $408609.99    | 0.01%             | 2054-09-15      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QF7428 FR 02/53 FIXED 5                  | CUSIP: 3133BVHD0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6489045 | PA      | $6471387.65   | 0.18%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS DEPARTMENT OF TRANSPORTATION STATE HIGHWAY FUND                            | TEXAS TRANSPRTN COMMISSION ST TXSTRN 04/26 FIXED 5.028     | CUSIP: 88283LHT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $576163.28    | 0.02%             | 2026-04-01      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| COMM MORTGAGE TRUST 2018-COR3                                                    | COMM MORTGAGE TRUST COMM 2018 COR3 A3                      | CUSIP: 12595VAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3800000 | PA      | $3746450.40   | 0.10%             | 2051-05-10      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDING II                                                     | MASSMUTUAL GLOBAL FUNDIN SECURED 144A 01/30 4.95           | CUSIP: 57629TBV8<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3079706.91   | 0.08%             | 2030-01-10      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I INC 2017-HR2                                            | MORGAN STANLEY CAPITAL I TRUST MSC 2017 HR2 A4             | CUSIP: 61691NAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $691341.91    | 0.02%             | 2050-12-15      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE UNIVERSITY                                                      | CALIFORNIA ST UNIV REVENUE CASHGR 11/30 FIXED 1.74         | CUSIP: 13077DMR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2328090.18   | 0.06%             | 2030-11-01      | Fixed         | 1.74%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB6832 FN 07/53 FIXED 5                          | CUSIP: 3140QSSW2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    929764 | PA      | $926405.14    | 0.03%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AS1594 FN 01/44 FIXED 5                          | CUSIP: 3138WAXY8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     52619 | PA      | $53528.12     | 0.00%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING GROEP NV SR UNSECURED 04/27 VAR                        | CUSIP: 456837AX1<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   4000000 | PA      | $4009292.36   | 0.11%             | 2027-04-01      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FM1843 FN 11/34 FIXED VAR                        | CUSIP: 3140X5BM4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1547814 | PA      | $1523626.17   | 0.04%             | 2034-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD ASSET MANAGEMENT LTD                                                  | BROOKFIELD ASSET MANAGEM SR UNSECURED 04/35 5.795          | CUSIP: 113004AA3<br>LEI: 549300CZ84WPNJZKY093 | Long             | DBT              | CORP              | CA        |   5750000 | PA      | $6026820.76   | 0.17%             | 2035-04-24      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H07                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H07 FE             | CUSIP: 38376RRG3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    947208 | PA      | $953793.26    | 0.03%             | 2066-03-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN CORPORATION                                                         | NORTHWESTERN CORP 1ST MORTGAGE 144A 03/30 5.073            | CUSIP: 66807TAA0<br>LEI: 3BPWMBHR1R9SHUN7J795 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2462274.22   | 0.07%             | 2030-03-21      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.75000 09/02/25-7Y* LCH                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-2269872.02  | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| ANDREW W MELLON FOUNDATION                                                       | ANDREW W MELLON FOUNDATI UNSECURED 08/27 0.947             | CUSIP: 03444RAB4<br>LEI: HVIJIPOQ5TXYVD3NET54 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $6614897.24   | 0.18%             | 2027-08-01      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST                        | AERCAP IRELAND CAP/GLOBA COMPANY GUAR 09/29 4.625          | CUSIP: 00774MBL8<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   3650000 | PA      | $3684297.48   | 0.10%             | 2029-09-10      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2025-C32                                                    | BARCLAYS COMMERCIAL MORTGAGE S BBCMS 2025 C32 A5           | CUSIP: 07337AAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1700000 | PA      | $1814730.28   | 0.05%             | 2062-02-15      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP PARIBAS REGS 09/28 VAR                                 | CUSIP: 09659X2M3<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   5900000 | PA      | $5627152.08   | 0.15%             | 2028-09-30      | Floating      | 1.90%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2020-C55                                   | WELLS FARGO COMMERCIAL MORTGAG WFCM 2020 C55 ASB           | CUSIP: 95002EAZ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1249715 | PA      | $1214066.67   | 0.03%             | 2053-02-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| CSAIL COMMERCIAL MORTGAGE TRUST 2019-C17                                         | CSAIL COMMERCIAL MORTGAGE TRUS CSAIL 2019 C17 ASB          | CUSIP: 12597BAV1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6937625 | PA      | $6814091.12   | 0.19%             | 2052-09-15      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DD5425 FN 05/55 FIXED 6.5                        | CUSIP: 3140B6A39<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999901 | PA      | $1038636.79   | 0.03%             | 2055-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BK7608 FN 09/48 FIXED 4                          | CUSIP: 3140HMN26<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3367035 | PA      | $3237126.78   | 0.09%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST  2021-B31                                               | BENCHMARK MORTGAGE TRUST BMARK 2021 B31 AAB                | CUSIP: 08163MAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1626000 | PA      | $1527704.07   | 0.04%             | 2054-12-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| DLLMT 2023-1 LLC                                                                 | DLLMT LLC DLLMT 2023 1A A3 144A                            | CUSIP: 232989AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2219610 | PA      | $2231175.08   | 0.06%             | 2027-03-22      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AD4085 FN 05/40 FIXED 5                          | CUSIP: 31418RRF0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     71570 | PA      | $73335.26     | 0.00%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NAVIENT STUDENT LOAN TRUST 2015-BA                                               | NAVIENT STUDENT LOAN TRUST NAVSL 2015 BA A3 144A           | CUSIP: 63939KAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1314575 | PA      | $1320496.52   | 0.04%             | 2040-07-16      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                                                         | AMERICAN EXPRESS CO SR UNSECURED 10/31 VAR                 | CUSIP: 025816DN6<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2302324.40   | 0.06%             | 2031-10-30      | Floating      | 6.49%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS5365 FN 02/50 FIXED VAR                        | CUSIP: 3140XL6B9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2820412 | PA      | $2544183.89   | 0.07%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 08/27 FIXED 5.008     | CUSIP: 64971M4Q2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $917155.80    | 0.03%             | 2027-08-01      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA5472 FN 09/54 FIXED 6.5                        | CUSIP: 31418FCJ4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999900 | PA      | $1034305.15   | 0.03%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5050                                                          | FREDDIE MAC FHR 5050 YA                                    | CUSIP: 3137F7TN5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1575437 | PA      | $1463194.44   | 0.04%             | 2046-01-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4936                                                          | FREDDIE MAC FHR 4936 AP                                    | CUSIP: 3137FQHG1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3140776 | PA      | $2921693.37   | 0.08%             | 2048-09-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS GROUP AG SR UNSECURED 144A 08/27 4.703                 | CUSIP: 902613AS7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   4000000 | PA      | $4013751.48   | 0.11%             | 2027-08-05      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST 2018-C8                                            | UBS COMMERCIAL MORTGAGE TRUST UBSCM 2018 C8 ASB            | CUSIP: 90276VAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1755316 | PA      | $1754281.25   | 0.05%             | 2051-02-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| WEIR GROUP INC                                                                   | WEIR GROUP INC COMPANY GUAR 144A 05/30 5.35                | CUSIP: 94877DAA2<br>LEI: 2138009WEPEV2V98AV65 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2984193.58   | 0.08%             | 2030-05-06      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| VENTURE XXVIII CLO LTD 2017-28A                                                  | VENTURE CDO LTD VENTR 2017 28A A1R 144A                    | CUSIP: 92331AAU8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1095098 | PA      | $1095687.63   | 0.03%             | 2030-07-20      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST 2022-4                              | AMERICAN EXPRESS CREDIT ACCOUN AMXCA 2022 4 A              | CUSIP: 02582JJX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2500666.25   | 0.07%             | 2027-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST 2017-C6                                            | UBS COMMERCIAL MORTGAGE TRUST UBSCM 2017 C6 ASB            | CUSIP: 90276UAU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2989097 | PA      | $2965085.03   | 0.08%             | 2050-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDING II                                                     | MASSMUTUAL GLOBAL FUNDIN MASSMUTUAL GLOBAL FUNDIN          | CUSIP: 57629W4T4<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2991397.21   | 0.08%             | 2029-05-30      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 3838                                                          | FREDDIE MAC FHR 3838 PF                                    | CUSIP: 3137AA3B7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     41124 | PA      | $40761.03     | 0.00%             | 2041-04-15      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| PRICOA GLOBAL FUNDING I                                                          | PRICOA GLOBAL FUNDING 1 SECURED 144A 08/31 4.65            | CUSIP: 74153WCV9<br>LEI: 635400IBXEBMD9ADYA79 | Long             | DBT              | CORP              | US        |   4300000 | PA      | $4349160.95   | 0.12%             | 2031-08-27      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| SARANAC CLO LTD 2018-6A                                                          | SARANAC CLO LTD SRANC 2018 6A A1R 144A                     | CUSIP: 80317LAJ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    430774 | PA      | $431515.34    | 0.01%             | 2031-08-13      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF PITTSBURGH MEDICAL CENTER (UPMC)                                   | UPMC SECURED 05/33 5.035                                   | CUSIP: 90320WAG8<br>LEI: 5493001YCBUGKVU74S74 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1326848.25   | 0.04%             | 2033-05-15      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2023-4                        | GM FINANCIAL CONSUMER AUTOMOBI GMCAR 2023 4 A3             | CUSIP: 379930AD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1748442 | PA      | $1768898.15   | 0.05%             | 2028-08-16      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOBAL FUNDING                                                        | COREBRIDGE GLOB FUNDING SR SECURED 144A 07/26 5.75         | CUSIP: 00138CAU2<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6072964.68   | 0.17%             | 2026-07-02      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | CITIGROUP INC SR UNSECURED 06/31 VAR                       | CUSIP: 172967MS7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   5600000 | PA      | $5153610.22   | 0.14%             | 2031-06-03      | Floating      | 2.57%                 | Yes           |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RA9541 FR 07/53 FIXED 2.5                | CUSIP: 3133KRS62<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1315819 | PA      | $1110726.90   | 0.03%             | 2053-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QJ2143 FR 08/54 FIXED 6.5                | CUSIP: 3133CSLY5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999900 | PA      | $1047146.79   | 0.03%             | 2054-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HOLDINGS PLC                                                  | SANTANDER UK GROUP HLDGS SR UNSECURED 11/28 VAR            | CUSIP: 80281LAG0<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |   4000000 | PA      | $3960893.12   | 0.11%             | 2028-11-03      | Floating      | 3.82%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BV2584 FN 07/52 FIXED 2.5                        | CUSIP: 3140MF2S1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     36432 | PA      | $30834.08     | 0.00%             | 2052-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| RGA GLOBAL FUNDING                                                               | RGA GLOBAL FUNDING SR SECURED 144A 01/29 2.7               | CUSIP: 76209PAB9<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2369976.83   | 0.06%             | 2029-01-18      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN LIFE GLOBAL FUNDING I                                               | MET LIFE GLOB FUNDING I SECURED 144A 01/27 1.875           | CUSIP: 59217GER6<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5358295.69   | 0.15%             | 2027-01-11      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 11/27 FIXED 2.98      | CUSIP: 64971XJD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6895270.20   | 0.19%             | 2027-11-01      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2024-5C31                                                   | BARCLAYS COMMERCIAL MORTGAGE S BBCMS 2024 5C31 A3          | CUSIP: 07336YAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5100000 | PA      | $5324723.34   | 0.15%             | 2057-12-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AK6475 FN 02/42 FIXED 5                          | CUSIP: 3138EBFR1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     13533 | PA      | $13866.96     | 0.00%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BZ3505 FN 04/30 FIXED 4.25                       | CUSIP: 3140NX3P6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8700000 | PA      | $8729324.22   | 0.24%             | 2030-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H07                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H07 FM             | CUSIP: 38376RRJ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      7829 | PA      | $7861.54      | 0.00%             | 2066-02-20      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| HERTZ VEHICLE FINANCING III LLC 2023-4A                                          | HERTZ VEHICLE FINANCING LLC HERTZ 2023 4A A 144A           | CUSIP: 42806MCE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3400000 | PA      | $3559100.96   | 0.10%             | 2030-03-25      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| ROMARK CLO LTD 2017-1A                                                           | ROMARK CLO LTD RMRK 2017 1A A1R 144A                       | CUSIP: 77587UAL6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    660497 | PA      | $660865.31    | 0.02%             | 2030-10-23      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| CGI INC                                                                          | CGI INC SR UNSECURED 144A 03/30 4.95                       | CUSIP: 12532HAK0<br>LEI: 549300WSRCZY73ZG3090 | Long             | DBT              | CORP              | CA        |   3000000 | PA      | $3054984.30   | 0.08%             | 2030-03-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| KKR GROUP FINANCE CO VI LLC                                                      | KKR GRP FIN CO VI LLC COMPANY GUAR 144A 07/29 3.75         | CUSIP: 48252AAA9<br>LEI: 549300TUJWGHJM3FSJ07 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1572308.34   | 0.04%             | 2029-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QF4602 FR 12/52 FIXED 2.5                | CUSIP: 3133BSDF6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     44636 | PA      | $37762.96     | 0.00%             | 2052-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VOYA CLO LTD 2017-1A                                                             | VOYA CLO LTD VOYA 2017 1A A1R 144A                         | CUSIP: 92916MAF8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    425406 | PA      | $425728.22    | 0.01%             | 2030-04-17      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.30000 12/02/24-4Y* CME                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $123130.22    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GM FINANCIAL REVOLVING RECEIVABLES TRUST 2024-2                                  | GM FINANCIAL REVOLVING RECEIVA GMREV 2024 2 A 144A         | CUSIP: 379925AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6700000 | PA      | $6792510.92   | 0.19%             | 2037-03-11      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC SECURITIZATION FUNDING II LLC                                       | DTE ELECT SECUR FND II SR SECURED 03/33 5.97               | CUSIP: 23346TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3932897 | PA      | $4128039.78   | 0.11%             | 2033-03-01      | Fixed         | 5.97%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 04/30 VAR                 | CUSIP: 46647PEG7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3656790.97   | 0.10%             | 2030-04-22      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRIPS 330                                                           | FREDDIEMAC STRIP FHS 330 F4                                | CUSIP: 31351DDT5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2009418 | PA      | $1986291.43   | 0.05%             | 2037-10-15      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA3444 FN 08/48 FIXED 4.5                        | CUSIP: 31418CZJ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3310577 | PA      | $3269238.46   | 0.09%             | 2048-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RA9338 FR 05/53 FIXED 2.5                | CUSIP: 3133KRLT9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1556769 | PA      | $1317520.22   | 0.04%             | 2053-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ACREC 2021-FL1 LTD                                                               | ACREC 2021 FL1 LTD. ACREC 2021 FL1 A 144A                  | CUSIP: 00500RAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1420008 | PA      | $1418985.67   | 0.04%             | 2036-10-16      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8448 FR 07/54 FIXED 6.5                | CUSIP: 3132DWL50<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3999600 | PA      | $4135757.59   | 0.11%             | 2054-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSECURED 05/30 VAR                   | CUSIP: 404280CC1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   5000000 | PA      | $4925623.70   | 0.13%             | 2030-05-22      | Floating      | 3.97%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8329 FR 06/53 FIXED 5                  | CUSIP: 3132DWHE6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6449842 | PA      | $6428202.35   | 0.18%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BANCO BILBAO VIZCAYA ARGENTARIA SA (BBVA)                                        | BANCO BILBAO VIZCAYA ARG SR UNSECURED 03/29 5.381          | CUSIP: 05946KAQ4<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |   3000000 | PA      | $3100450.65   | 0.08%             | 2029-03-13      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NELNET STUDENT LOAN TRUST 2025-CA                                                | NELNET STUDENT LOAN TRUST NSLT 2025 CA A1B 144A            | CUSIP: 64035UAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5600000 | PA      | $5607994.00   | 0.15%             | 2065-06-22      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QY1895 FR 04/55 FIXED 6.5                | CUSIP: 31426LC93<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999900 | PA      | $1034184.04   | 0.03%             | 2055-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD2864 FR 03/52 FIXED 3                  | CUSIP: 3132DQFD3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  15733333 | PA      | $13870413.66  | 0.38%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 6.5 SINGLE FAMILY MORTGAGE                  | CUSIP: 01F0626A4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   7600000 | PA      | $7854903.54   | 0.22%             | 2054-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PG&E RECOVERY FUNDING LLC                                                        | PG+E RECOVERY FND LLC SR SECURED 06/35 4.838               | CUSIP: 71710TAG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6935943 | PA      | $7066730.34   | 0.19%             | 2035-06-01      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8535 FR 05/55 FIXED 6.5                | CUSIP: 3132DWPU1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999901 | PA      | $1034107.26   | 0.03%             | 2055-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 06/32 4                                    | CUSIP: 91282CNJ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  29900000 | PA      | $30059427.70  | 0.82%             | 2032-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QY1579 FR 04/55 FIXED 6.5                | CUSIP: 31426KXH4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999900 | PA      | $1040978.17   | 0.03%             | 2055-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ARBOR REALTY COLLATERALIZED LOAN OBLIGATION LTD 2021-FL4                         | ARBOR REALTY COLLATERALIZED LO ARCLO 2021 FL4 A 144A       | CUSIP: 03880RAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4553356 | PA      | $4564435.70   | 0.12%             | 2036-11-15      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP 2023-1A LLC                                 | AVIS BUDGET RENTAL CAR FUNDING AESOP 2023 1A A 144A        | CUSIP: 05377RGC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6000000 | PA      | $6143236.80   | 0.17%             | 2029-04-20      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-11                                                        | FANNIE MAE FNR 2016 11 CF                                  | CUSIP: 3136ARPM4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    324668 | PA      | $321225.72    | 0.01%             | 2046-03-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINANCIAL GROUP INC                                              | SUMITOMO MITSUI FINL GRP SR UNSECURED 07/29 3.04           | CUSIP: 86562MBP4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |   7500000 | PA      | $7173983.48   | 0.20%             | 2029-07-16      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| TRANS-ALLEGHENY INTERSTATE LINE COMPANY                                          | TRANS ALLEGHENY INTERSTA SR UNSECURED 144A 01/31 5         | CUSIP: 893045AF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3694684.10   | 0.10%             | 2031-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCE AUTHORITY                                             | TOBACCO SETTLEMENT FIN AUTH WV TOBGEN 06/27 FIXED 2.02     | CUSIP: 88880LAJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4246227.04   | 0.12%             | 2027-06-01      | Fixed         | 2.02%                 | No            |                  2 | On Loan: No      |
| LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES & COMMUNITY DEVELOPMENT AUTH | LOUISIANA ST LOCAL GOVT ENVRNM LASGOV 02/33 FIXED 4.145    | CUSIP: 54627RAM2<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4391471.92   | 0.12%             | 2033-02-01      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| MARATHON CLO XIII LTD 2019-1A                                                    | MARATHON CLO LTD MCLO 2019 1A AAR2 144A                    | CUSIP: 56579ABJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1760487 | PA      | $1763656.58   | 0.05%             | 2032-04-15      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS5027 FN 02/53 FIXED VAR                        | CUSIP: 3140XLSR0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5147337 | PA      | $4866864.51   | 0.13%             | 2053-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COMPANY OF COLORADO                                               | PUBLIC SERVICE COLORADO 1ST MORTGAGE 05/34 5.35            | CUSIP: 744448CZ2<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5166821.95   | 0.14%             | 2034-05-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 793029 FN 07/34 FLOATING VAR                     | CUSIP: 31405MA64<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     54703 | PA      | $56240.05     | 0.00%             | 2034-07-01      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| CANTOR COMMERCIAL REAL ESTATE LENDING 2019-CF2                                   | CANTOR COMMERCIAL REAL ESTATE CF 2019 CF2 ASB              | CUSIP: 12528YAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6766754 | PA      | $6605064.16   | 0.18%             | 2052-11-15      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2017-H03                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2017 H03 HA             | CUSIP: 38376RR40<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2071959 | PA      | $2032341.12   | 0.06%             | 2067-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2013-H16                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2013 H16 FA             | CUSIP: 38375B4Y5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    221980 | PA      | $222228.21    | 0.01%             | 2063-07-20      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BU8884 FN 03/52 FIXED 2.5                        | CUSIP: 3140MA2S2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    607721 | PA      | $514782.13    | 0.01%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                              | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/31 FIXED 2.787    | CUSIP: 38122ND25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $903018.40    | 0.02%             | 2031-06-01      | Fixed         | 2.79%                 | No            |                  2 | On Loan: No      |
| ELEVATION CLO 2022-16A LTD                                                       | ELEVATION CLO LTD AWPT 2022 16A A1AR 144A                  | CUSIP: 28623YAU7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2200000 | PA      | $2203694.02   | 0.06%             | 2034-07-25      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BR9366 FN 05/51 FIXED 2.5                        | CUSIP: 3140L8MQ0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     30952 | PA      | $26109.99     | 0.00%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AA1614 FN 01/39 FIXED 5.5                        | CUSIP: 31416JYL9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     24422 | PA      | $25090.61     | 0.00%             | 2039-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL Q59148 FG 10/48 FIXED 4.5                | CUSIP: 3132Y3EW0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    417783 | PA      | $409278.38    | 0.01%             | 2048-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 07/31 4.125                                | CUSIP: 91282CLD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 131760000 | PA      | $133787868.09 | 3.66%             | 2031-07-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BW4142 FN 07/52 FIXED 2.5                        | CUSIP: 3140MVS82<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    674005 | PA      | $571322.97    | 0.02%             | 2052-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AN8612 FN 03/28 FIXED 3.29                       | CUSIP: 3138LMSA2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6077000 | PA      | $5986686.18   | 0.16%             | 2028-03-01      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RA7346 FR 06/52 FIXED 3                  | CUSIP: 3133KPET1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   7919805 | PA      | $6970340.10   | 0.19%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ECMC GROUP STUDENT LOAN TRUST 2018-2A                                            | ECMC GROUP STUDENT LOAN TRUST ECMC 2018 2A A 144A          | CUSIP: 26829GAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3677636 | PA      | $3663416.68   | 0.10%             | 2068-09-25      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 256064 FN 01/26 FIXED 5.5                        | CUSIP: 31371MMM6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        88 | PA      | $88.89        | 0.00%             | 2026-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.00000 02/12/25-30Y LCH                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $3598073.15   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AL0484 FN 05/40 FIXED VAR                        | CUSIP: 3138EGRE6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     23330 | PA      | $24231.05     | 0.00%             | 2040-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DC9630 FN 01/55 FIXED 6.5                        | CUSIP: 3140AXVY0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1999802 | PA      | $2076104.43   | 0.06%             | 2055-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QF6264 FR 01/53 FIXED 2.5                | CUSIP: 3133BT5Z9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    958710 | PA      | $809490.41    | 0.02%             | 2053-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2025-C32                                                    | BARCLAYS COMMERCIAL MORTGAGE S BBCMS 2025 C32 A4           | CUSIP: 07337AAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3300000 | PA      | $3458333.67   | 0.09%             | 2062-02-15      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2017-H02                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2017 H02 FJ             | CUSIP: 38375UYN4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1920660 | PA      | $1930964.08   | 0.05%             | 2067-01-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AA9716 FN 07/39 FIXED 5                          | CUSIP: 31416TYN3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     65420 | PA      | $67032.36     | 0.00%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08769 FG 07/47 FIXED 3                  | CUSIP: 3128MJ2B5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    192338 | PA      | $174145.85    | 0.00%             | 2047-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES Q034                | FHLMC MULTIFAMILY STRUCTURED P FHMS Q034 APT2              | CUSIP: 3137HLY30<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6431411 | PA      | $6119883.63   | 0.17%             | 2054-07-25      | Floating      | 2.87%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2016-C35                                   | WELLS FARGO COMMERCIAL MORTGAG WFCM 2016 C35 ASB           | CUSIP: 95000FAU0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |         3 | PA      | $2.75         | 0.00%             | 2048-07-15      | Fixed         | 2.79%                 | No            |                  2 | On Loan: No      |
| CITIBANK CREDIT CARD ISSUANCE TRUST 2023-A1                                      | CITIBANK CREDIT CARD ISSUANCE CCCIT 2023 A1 A1             | CUSIP: 17305EGW9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9600000 | PA      | $9618132.48   | 0.26%             | 2027-12-08      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| WORLD OMNI AUTO RECEIVABLES TRUST 2023-C                                         | WORLD OMNI AUTO RECEIVABLES TR WOART 2023 C A4             | CUSIP: 98164FAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    900000 | PA      | $913012.11    | 0.02%             | 2029-11-15      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| JACKSON NATIONAL LIFE GLOBAL FUNDING                                             | JACKSON NATL LIFE GLOBAL SECURED 144A 09/28 VAR            | CUSIP: 46849CJS1<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4018342.76   | 0.11%             | 2028-09-12      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE UNIVERSITY                                                      | CALIFORNIA ST UNIV REVENUE CASHGR 11/28 FIXED 1.49         | CUSIP: 13077DMP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5400000 | PA      | $5029025.94   | 0.14%             | 2028-11-01      | Fixed         | 1.49%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS1630 FN 09/51 FIXED VAR                        | CUSIP: 3140XGY45<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    366344 | PA      | $309033.17    | 0.01%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QE8026 FR 08/52 FIXED 2.5                | CUSIP: 3133BH4K9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    237637 | PA      | $200994.17    | 0.01%             | 2052-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SBNA AUTO LEASE TRUST 2023-A                                                     | SBNA AUTO LEASE TRUST SBALT 2023 A A4 144A                 | CUSIP: 78436TAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1013125.20   | 0.03%             | 2028-04-20      | Fixed         | 6.52%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MARIN CA                                                               | MARIN CNTY CA MAR 08/26 FIXED 5.41                         | CUSIP: 567830BU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $729298.73    | 0.02%             | 2026-08-01      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08799 FG 02/48 FIXED 3                  | CUSIP: 3128MJ3H1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1294709 | PA      | $1163858.51   | 0.03%             | 2048-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RJ0137 FR 12/53 FIXED 5                  | CUSIP: 3142GQEK4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  14465592 | PA      | $14387229.47  | 0.39%             | 2053-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUNDING                                                               | F+G GLOBAL FUNDING SECURED 144A 01/30 5.875                | CUSIP: 30321L2J0<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1871977.90   | 0.05%             | 2030-01-16      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AS0924 FN 11/43 FIXED 5                          | CUSIP: 3138WAA23<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     62231 | PA      | $63126.65     | 0.00%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB4118 FN 07/52 FIXED 4                          | CUSIP: 3140QPSG3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     47634 | PA      | $45060.59     | 0.00%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-97                                                        | FANNIE MAE FNR 2016 97 CF                                  | CUSIP: 3136AUPW5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    934060 | PA      | $916754.33    | 0.03%             | 2056-12-25      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BV3853 FN 04/52 FIXED 2.5                        | CUSIP: 3140MHH77<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    483156 | PA      | $408841.51    | 0.01%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H04                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H04 FA             | CUSIP: 38378U8L4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1604292 | PA      | $1605625.69   | 0.04%             | 2064-12-20      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS3425 FN 09/52 FIXED VAR                        | CUSIP: 3140XJYX5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1312442 | PA      | $1278975.31   | 0.04%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE                    | CUSIP: 01F0406B8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        | 280200000 | PA      | $264049961.29 | 7.23%             | 2055-11-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DC0245 FN 08/54 FIXED 6.5                        | CUSIP: 3140AMHX2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999901 | PA      | $1039483.39   | 0.03%             | 2054-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MONTEREY PARK CITY OF                                                            | MONTEREY PK CA PENSN OBLIG MTPGEN 06/28 FIXED 1.63         | CUSIP: 61255QAG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $233637.45    | 0.01%             | 2028-06-01      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2023-4                        | GM FINANCIAL CONSUMER AUTOMOBI GMCAR 2023 4 A4             | CUSIP: 379930AE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5132700.00   | 0.14%             | 2029-02-16      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST 2023-2                              | AMERICAN EXPRESS CREDIT ACCOUN AMXCA 2023 2 A              | CUSIP: 02582JKB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2046487.20   | 0.06%             | 2030-05-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DB4023 FN 05/54 FIXED 6.5                        | CUSIP: 3140ADPH8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    999900 | PA      | $1039483.03   | 0.03%             | 2054-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL REVOLVING RECEIVABLES TRUST 2024-1                                  | GM FINANCIAL REVOLVING RECEIVA GMREV 2024 1 A 144A         | CUSIP: 36269KAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6300000 | PA      | $6472417.14   | 0.18%             | 2036-12-11      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| EMPIRE DISTRICT BONDCO LLC                                                       | EMPIRE DISTRICT BONDCO SR SECURED 01/35 4.943              | CUSIP: 291918AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8615432 | PA      | $8729324.11   | 0.24%             | 2035-01-01      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8291 FR 11/52 FIXED 2.5                | CUSIP: 3132DWF81<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    275770 | PA      | $232882.72    | 0.01%             | 2052-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GPMT LTD 2021-FL4                                                                | GPMT LTD. GPMT 2021 FL4 A 144A                             | CUSIP: 36262TAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    876305 | PA      | $858063.77    | 0.02%             | 2036-12-15      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA (AKA: LA CAIXA)                                                     | CAIXABANK SA SR UNSECURED 144A 03/30 VAR                   | CUSIP: 12803RAG9<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |   5000000 | PA      | $5187897.30   | 0.14%             | 2030-03-15      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| BETHP-2021-1A                                                                    | BETHPAGE PARK CLO LTD BETHP 2021 1A A 144A                 | CUSIP: 087598AA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5691000 | PA      | $5699122.54   | 0.16%             | 2035-01-15      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL FUNDING                                                   | PROTECTIVE LIFE GLOBAL SECURED 144A 04/26 1.618            | CUSIP: 74368CBC7<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2960276.79   | 0.08%             | 2026-04-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL Q51371 FG 10/47 FIXED 3                  | CUSIP: 3132XTQZ4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    496384 | PA      | $449440.53    | 0.01%             | 2047-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 07/29 4                                    | CUSIP: 91282CLC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  92800000 | PA      | $93842187.62  | 2.57%             | 2029-07-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST 2016-C2                               | JPMDB COMMERCIAL MORTGAGE SECU JPMDB 2016 C2 A4            | CUSIP: 46590LAT9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2900000 | PA      | $2867196.36   | 0.08%             | 2049-06-15      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AL6273 FN 11/44 FIXED VAR                        | CUSIP: 3138EN6K0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    119739 | PA      | $121512.72    | 0.00%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BV5332 FN 04/52 FIXED 2.5                        | CUSIP: 3140MJ4S1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    543300 | PA      | $460455.77    | 0.01%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO (AKA: DETROIT EDISON COMPANY)                                    | DTE ELECTRIC CO GENL REF MOR 05/35 5.25                    | CUSIP: 23338VAY2<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5663715.59   | 0.16%             | 2035-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H14                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H14 FA             | CUSIP: 38376RCB0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1827382 | PA      | $1826569.30   | 0.05%             | 2065-06-20      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QE8001 FR 08/52 FIXED 4.5                | CUSIP: 3133BH3J3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  12857349 | PA      | $12538910.11  | 0.34%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QE8522 08/52 2.5                         | CUSIP: 3133BJPF3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    645206 | PA      | $546052.86    | 0.01%             | 2052-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AL1768 FN 05/31 FIXED VAR                        | CUSIP: 3138EH6E7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     16441 | PA      | $16685.15     | 0.00%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BDS 2021-FL10 LTD                                                                | BDS LTD BDS 2021 FL10 A 144A                               | CUSIP: 07335YAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1834381 | PA      | $1836836.44   | 0.05%             | 2036-12-16      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                                                                  | SBA TOWER TRUST ASSET BACKED 144A 07/50 1.884              | CUSIP: 78403DAP5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8000000 | PA      | $7939703.20   | 0.22%             | 2050-07-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORPORATION                                                          | NTT FINANCE CORP SR UNSECURED 144A 07/30 4.876             | CUSIP: 62954WAS4<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |   3200000 | PA      | $3252436.29   | 0.09%             | 2030-07-16      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2023-4                                                   | CARMAX AUTO OWNER TRUST CARMX 2023 4 A3                    | CUSIP: 14318XAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7233002 | PA      | $7331476.29   | 0.20%             | 2028-07-17      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD4115 FR 10/52 FIXED 4.5                | CUSIP: 3132E0SC7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3119788 | PA      | $3042452.57   | 0.08%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08687 FG 01/46 FIXED 3.5                | CUSIP: 3128MJXR6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     44713 | PA      | $42019.06     | 0.00%             | 2046-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| RGA GLOBAL FUNDING                                                               | RGA GLOBAL FUNDING SECURED 144A 05/29 5.448                | CUSIP: 76209PAE3<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |   4200000 | PA      | $4361328.47   | 0.12%             | 2029-05-24      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| MARS INCORPORATED                                                                | MARS INC SR UNSECURED 144A 03/32 5                         | CUSIP: 571676AZ8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2763431.69   | 0.08%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE PRIME AUTO RECEIVABLES TRUST 2023-2                                  | CAPITAL ONE PRIME AUTO RECEIVA COPAR 2023 2 A3             | CUSIP: 14044EAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4684143 | PA      | $4745408.08   | 0.13%             | 2028-06-15      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2025-B                                          | SMB PRIVATE EDUCATION LOAN TRU SMB 2025 B A1A 144A         | CUSIP: 83208BAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2252309 | PA      | $2280098.17   | 0.06%             | 2053-03-17      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-26

**Name of Applicant:** PIMCO Funds

**Signature:** /s/ Bijal Parikh

**Name of Signer:** Bijal Parikh

**Title:** Treasurer