# EDGAR Filing Document

**Accession Number:** 0000889284
**File Stem:** 0000910472-25-005229
**Filing Date:** 2025-12
**Character Count:** 103943
**Document Hash:** 8859f543543f8b6f327e2ba15ef2eb02
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-005229.hdr.sgml**: 20251201

**ACCESSION NUMBER**: 0000910472-25-005229

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251201

**DATE AS OF CHANGE**: 20251201

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** STERLING CAPITAL FUNDS
- **CENTRAL INDEX KEY:** 0000889284

**ORGANIZATION NAME:**
- **EIN:** 043331055
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06719
- **FILM NUMBER:** 251537329

**BUSINESS ADDRESS:**
- **STREET 1:** 434 FAYETTEVILLE ST
- **STREET 2:** SUITE 500
- **CITY:** RALEIGH
- **STATE:** NC
- **ZIP:** 27601
- **BUSINESS PHONE:** 8002281872

**MAIL ADDRESS:**
- **STREET 1:** 434 FAYETTEVILLE ST
- **STREET 2:** SUITE 500
- **CITY:** RALEIGH
- **STATE:** NC
- **ZIP:** 27601

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BB&T FUNDS /
- **DATE OF NAME CHANGE:** 20010419

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BB&T MUTUAL FUNDS GROUP
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### Sterling Capital Quality Income Fund (Series ID: S000033167)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000123271 | A Class             | SCSSX           |
| C000123272 | C Class             | SCSTX           |
| C000123273 | Institutional Class | SCSPX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Sterling Capital Funds

- **b. Investment Company Act file number:** 811-06719

- **c. CIK number of Registrant:** 0000889284

- **d. LEI of Registrant:** 54930017VPAACVI5ZX74

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

  - **Street Address 1:** 434 Fayetteville St

  - **City:** Raleigh

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 27601

  - **Telephone number:** 800-228-1872

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

- **a. Name of Series:** Sterling Capital Quality Income Fund

- **b. EDGAR series identifier (if any):** S000033167

- **c. LEI of Series:** 549300912JEZXXK10112

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

- **a. Date of fiscal year-end:** 2025-09-30

- **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:** $167160063.81

**Total Liabilities:** $3069305.92

**Net Assets:** $164090757.89

**Cash Not Reported:** $80000.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 41.77080392 | **1-Year:** 3635.13221946 | **5-Year:** 31710.14050330 | **10-Year:** 41966.30482637 | **30-Year:** 1410.60823419

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

- **3-Month:** 2.17122055 | **1-Year:** 1.15879748 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000123273 | -0.34%               | 1.44%                | 0.99%                |
| Class ID C000123271 | -2.19%               | -0.68%               | -1.10%               |
| Class ID C000123272 | -1.31%               | 0.35%                | -0.21%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $15303.77                | $-944854.90                                |
| Month 2  | $-9865.33                | $1694227.24                                |
| Month 3  | $3730.33                 | $1048419.39                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Government National Mortgage Association                    | Government National Mortgage Association                | CUSIP: 38374H6M7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     39534 | PA      | $39989.49     | 0.02%             | 2034-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                    | Government National Mortgage Association                | CUSIP: 38376UK81<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    712000 | PA      | $604933.14    | 0.37%             | 2047-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae REMICS                                       | CUSIP: 3136B8J34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    431216 | PA      | $363706.07    | 0.22%             | 2050-03-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust 2019-3                       | Carvana Auto Receivables Trust                          | CUSIP: 14687JAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $583539.30    | 0.36%             | 2027-08-10      | Fixed         | 1.42%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3133KQJ31<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    562065 | PA      | $561059.79    | 0.34%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae (Ze)                                             | Government National Mortgage Association                | CUSIP: 38381WFJ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    628215 | PA      | $407237.72    | 0.25%             | 2049-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140F0JJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    705937 | PA      | $637404.08    | 0.39%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae REMICS                                       | CUSIP: 3136BRWX1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    640903 | PA      | $534619.75    | 0.33%             | 2048-01-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BANK 2023-BNK46                                             | BANK 2023-BNK46                                         | CUSIP: 06541DBH6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1593046.50   | 0.97%             | 2056-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3132A97E1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |     24391 | PA      | $24246.73     | 0.01%             | 2032-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust 2011-C2                      | Morgan Stanley Capital I Trust                          | CUSIP: 61692BBP4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    659333 | PA      | $590869.11    | 0.36%             | 2053-07-15      | Variable      | 2.04%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3132DNVG5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    943368 | PA      | $922509.76    | 0.56%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137ASTQ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    211850 | PA      | $191745.29    | 0.12%             | 2042-08-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                                     | Freddie Mac Pool                                        | CUSIP: 3131WQ3U9<br>LEI: 2549001DPIFGXC1TOL40 | Long             | ABS-MBS          | USGA              | US        |     52701 | PA      | $51582.41     | 0.03%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2025-5C36                              | BBCMS Mortgage Trust 2025-5C36                          | CUSIP: 05556CAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    589000 | PA      | $614826.77    | 0.37%             | 2058-08-15      | Variable      | 5.52%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 31417WKL4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     22461 | PA      | $22427.28     | 0.01%             | 2041-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140QED33<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    169144 | PA      | $149211.68    | 0.09%             | 2050-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137FQFR9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   3216591 | PA      | $2865956.60   | 1.75%             | 2049-10-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Benchmark 2020-B21 Mortgage Trust                           | Benchmark Mortgage Trust                                | CUSIP: 08163LAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1099743.75   | 0.67%             | 2053-12-17      | Variable      | 1.98%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 31417LA88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     31237 | PA      | $31399.29     | 0.02%             | 2039-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2025-5C6              | Wells Fargo Commercial Mortgage Trust 2025-5C6          | CUSIP: 95004TAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    665000 | PA      | $684202.61    | 0.42%             | 2058-10-15      | Variable      | 5.19%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2025-V16 MORTGAGE TRUST                           | Benchmark 2025-V16 Mortgage Trust                       | CUSIP: 08164RAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    295000 | PA      | $306719.55    | 0.19%             | 2057-08-15      | Variable      | 5.44%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3132ACS68<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1561270 | PA      | $1500795.72   | 0.91%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                | United States Treasury Note                             | CUSIP: 91282CJZ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2251000 | PA      | $2245108.71   | 1.37%             | 2034-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Securities Corp.        | JP Morgan Chase Commercial Mortgage Securities Trust    | CUSIP: 46635TAU6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     70727 | PA      | $68883.97     | 0.04%             | 2046-02-15      | Variable      | 5.01%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137B0HP2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     95037 | PA      | $87611.86     | 0.05%             | 2043-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 31418CDN1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     66934 | PA      | $64352.13     | 0.04%             | 2046-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140XBEU0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    276734 | PA      | $245246.62    | 0.15%             | 2051-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Fannie Mae Pool                                         | CUSIP: 31418EBU3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    655884 | PA      | $603725.23    | 0.37%             | 2052-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                          | BX Commercial Mortgage Trust                            | CUSIP: 05609QAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    216105 | PA      | $216066.31    | 0.13%             | 2038-11-15      | Floating      | 5.76%                 | Yes           |                  2 | On Loan: No      |
| Federated Hermes Money Market Obligations Trust             | Federated Hermes Treasury Oligations Fund               | CUSIP: 31423R500<br>LEI: 25490005VWJDWX717014 | Long             | STIV             | RF                | US        |   3979316 | PA      | $3979316.11   | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3132ADGQ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    158149 | PA      | $149273.71    | 0.09%             | 2043-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae REMICS                                       | CUSIP: 3136B9CQ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    303611 | PA      | $263928.87    | 0.16%             | 2050-03-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140XHMF1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    530930 | PA      | $522891.29    | 0.32%             | 2052-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation UMBS 30Y Fixed       | Freddie Mac Pool                                        | CUSIP: 3133ANVX9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | CORP              | US        |    535196 | PA      | $459243.09    | 0.28%             | 2051-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD      | Freddie Mac REMICS                                      | CUSIP: 3137HD4M9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1713867 | PA      | $1501951.47   | 0.92%             | 2044-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae REMICS                                       | CUSIP: 3136AGGY2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    110949 | PA      | $110568.41    | 0.07%             | 2026-10-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool FN FS4183                               | CUSIP: 3140XKUH1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1604534 | PA      | $1690849.04   | 1.03%             | 2041-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Cfcre 2016 C7 Mortgage Trust                                | CFCRE Commercial Mortgage Trust                         | CUSIP: 12532BAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $98918.95     | 0.06%             | 2054-12-10      | Variable      | 3.84%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Strips                                      | CUSIP: 3128CVVZ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    132062 | PA      | $120432.17    | 0.07%             | 2032-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140Q83V5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     49536 | PA      | $48788.24     | 0.03%             | 2048-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Sierra Timeshare 2013-1 Receivables Funding LLC             | Sierra Timeshare Receivables Funding LLC SRFC 2024-3A A | CUSIP: 82653BAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    396896 | PA      | $399098.87    | 0.24%             | 2041-08-20      | Fixed         | 4.83%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae REMICS                                       | CUSIP: 3136B9HQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    590000 | PA      | $431335.96    | 0.26%             | 2050-04-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRU                         | Wells Fargo Commercial Mortgage Trust 2025-5C5          | CUSIP: 95004MAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    477163 | PA      | $498917.00    | 0.30%             | 2058-07-15      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| Benchmark 2020-B16 Mortgage Trust                           | Benchmark Mortgage Trust                                | CUSIP: 08163AAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    589492 | PA      | $519507.86    | 0.32%             | 2053-07-15      | Variable      | 1.93%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae REMICS FNR 2016-73 DZ                        | CUSIP: 3136ATN42<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1134217 | PA      | $1012905.73   | 0.62%             | 2046-10-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137BBFC9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     72952 | PA      | $70125.45     | 0.04%             | 2044-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust 2019-3                       | Carvana Auto Receivables Trust                          | CUSIP: 14687TAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    509000 | PA      | $503605.11    | 0.31%             | 2027-03-10      | Fixed         | 1.27%                 | No            |                  2 | On Loan: No      |
| BANK5 2023-5YR3                                             | BANK5                                                   | CUSIP: 06211EAP6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    178000 | PA      | $191079.81    | 0.12%             | 2056-09-15      | Variable      | 7.56%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 31329JEP8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |     43263 | PA      | $44999.03     | 0.03%             | 2040-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae REMICS                                       | CUSIP: 31396YFD9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    568061 | PA      | $578497.91    | 0.35%             | 2038-02-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD      | Freddie Mac REMICS                                      | CUSIP: 3137HDQT0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   2402706 | PA      | $1998498.01   | 1.22%             | 2042-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3132ADJH2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |     94794 | PA      | $89472.26     | 0.05%             | 2045-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                                     | Federal Home Loan Banks                                 | CUSIP: 3130APEP6<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    550000 | PA      | $485014.20    | 0.30%             | 2031-10-07      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2012-Lc5              | Wells Fargo Commercial Mortgage Trust                   | CUSIP: 95002UAJ0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $267225.69    | 0.16%             | 2053-07-15      | Fixed         | 2.09%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2012-Lc5              | Wells Fargo Commercial Mortgage Trust                   | CUSIP: 95000AAU1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    372375 | PA      | $371412.20    | 0.23%             | 2048-12-15      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| BANK 2024-BNK47                                             | BANK 2024-BNK47                                         | CUSIP: 06540GAV0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1596423.45   | 0.97%             | 2057-06-15      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3133KNMM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    879766 | PA      | $777748.47    | 0.47%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 31392TAU1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     42013 | PA      | $43780.36     | 0.03%             | 2032-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BANK5 2024-5YR6                                             | BANK5 Trust 2024-5YR6                                   | CUSIP: 066043AG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    240000 | PA      | $254948.95    | 0.16%             | 2057-05-15      | Variable      | 6.79%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Fannie Mae Pool                                         | CUSIP: 31418EAB6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1454018 | PA      | $1257576.45   | 0.77%             | 2041-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BANK5 2025-5YR17                                            | BANK5 2025-5YR17                                        | CUSIP: 06211GAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    928000 | PA      | $957293.16    | 0.58%             | 2058-11-15      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| Jpmcc 2016-Jp4                                              | JP Morgan Chase Commercial Mortgage Securities Trust    | CUSIP: 46645UAT4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    185000 | PA      | $183059.83    | 0.11%             | 2049-12-15      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                                     | Freddie Mac Pool                                        | CUSIP: 3132DTCQ1<br>LEI: 2549001DPIFGXC1TOL40 | Long             | ABS-MBS          | USGA              | US        |    663725 | PA      | $676621.52    | 0.41%             | 2054-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Saxon Asset Securities Trust 2004-2                         | Saxon Asset Securities Trust                            | CUSIP: 805564QV6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     71090 | PA      | $69151.37     | 0.04%             | 2034-12-26      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3131WNMG6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |     15218 | PA      | $15760.13     | 0.01%             | 2039-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                                     | Freddie Mac Pool                                        | CUSIP: 3131WQWP8<br>LEI: 2549001DPIFGXC1TOL40 | Long             | ABS-MBS          | USGA              | US        |     48844 | PA      | $47686.42     | 0.03%             | 2040-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                          | BX Trust                                                | CUSIP: 12434EAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    232466 | PA      | $232174.92    | 0.14%             | 2036-11-15      | Floating      | 5.71%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140XRQH1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3248492 | PA      | $3303247.51   | 2.01%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Dryden 53 Clo Ltd                                           | Dryden 53 CLO Ltd                                       | CUSIP: 26243EAR2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1009000 | PA      | $1010039.27   | 0.62%             | 2031-01-15      | Variable      | 5.60%                 | Yes           |                  2 | On Loan: No      |
| GINNIE MAE (H) 23-85                                        | Government National Mortgage Association                | CUSIP: 38384BAG6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $989785.50    | 0.60%             | 2040-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140XLK64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    881849 | PA      | $842544.62    | 0.51%             | 2053-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3138EQJ94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     97517 | PA      | $93846.41     | 0.06%             | 2045-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD      | Freddie Mac REMICS                                      | CUSIP: 3137BLHK7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1000000 | PA      | $892919.20    | 0.54%             | 2045-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Sofi Professional Loan Program 2020-A Trust                 | SoFi Professional Loan Program Trust                    | CUSIP: 83406TAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    154851 | PA      | $149798.10    | 0.09%             | 2046-05-15      | Fixed         | 2.54%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae REMICS                                       | CUSIP: 3136AWW45<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1495000 | PA      | $1383297.19   | 0.84%             | 2047-06-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3132DQPM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    858644 | PA      | $857977.93    | 0.52%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BANK 2020-BNK29                                             | BANK 2020-BNK29                                         | CUSIP: 06541TBF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $218124.88    | 0.13%             | 2053-11-15      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| BANK5 2023-5YR4                                             | BANK5 2023-5YR4                                         | CUSIP: 06211FBF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    208000 | PA      | $222752.11    | 0.14%             | 2028-12-15      | Variable      | 7.86%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRU                         | Wells Fargo Commercial Mortgage Trust 2024-C63          | CUSIP: 94990FAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1553545.65   | 0.95%             | 2057-08-15      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140N3AF6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3085708 | PA      | $3015050.63   | 1.84%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Chase Mortgage Finance Trust                                | Chase Home Lending Mortgage Trust                       | CUSIP: 16159GAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    280004 | PA      | $253945.22    | 0.15%             | 2049-08-25      | Variable      | 3.50%                 | Yes           |                  2 | On Loan: No      |
| BENCHMARK 2023-V2 MORTGAGE TRUST                            | Benchmark Mortgage Trust                                | CUSIP: 08163TAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     80000 | PA      | $83260.81     | 0.05%             | 2055-05-15      | Variable      | 6.54%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140XRSZ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3262962 | PA      | $3241353.96   | 1.98%             | 2054-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                    | Government National Mortgage Association                | CUSIP: 38381XEZ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   3702539 | PA      | $3348749.97   | 2.04%             | 2049-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3132DNMN0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    590024 | PA      | $578212.40    | 0.35%             | 2052-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3132DULB1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   3305720 | PA      | $3366357.64   | 2.05%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust 2016-GS4                       | GS Mortgage Securities Trust 2016-GS4                   | CUSIP: 36251XAR8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $494750.55    | 0.30%             | 2049-11-15      | Variable      | 3.44%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 31415MM28<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     42957 | PA      | $44497.45     | 0.03%             | 2038-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140XPSD2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2725387 | PA      | $2815820.03   | 1.72%             | 2054-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140XL2S6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    791514 | PA      | $731203.33    | 0.45%             | 2050-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137A6ED0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    200000 | PA      | $194039.46    | 0.12%             | 2041-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137B7HJ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     23853 | PA      | $23082.48     | 0.01%             | 2041-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                    | Government National Mortgage Association                | CUSIP: 38377YWN6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    750000 | PA      | $675677.85    | 0.41%             | 2041-10-16      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140QAUU2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    202880 | PA      | $205484.30    | 0.13%             | 2034-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137ATHV7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    215000 | PA      | $209526.16    | 0.13%             | 2027-08-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae REMICS FNR 2006-59 DH                        | CUSIP: 31395NS40<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    552173 | PA      | $590614.91    | 0.36%             | 2036-07-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BANK5 2024-5YR5                                             | BANK5 2024-5YR5                                         | CUSIP: 065931BG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1309000 | PA      | $1365855.24   | 0.83%             | 2029-02-15      | Variable      | 6.27%                 | No            |                  2 | On Loan: No      |
| MVW 2024-2 LLC                                              | MVW 2024-2 LLC                                          | CUSIP: 55389QAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    845796 | PA      | $845597.87    | 0.52%             | 2042-03-20      | Fixed         | 4.43%                 | Yes           |                  2 | On Loan: No      |
| Hertz Vehicle Financing LLC                                 | Hertz Vehicle Financing III LLC                         | CUSIP: 42806MCL1<br>LEI: 5493004IHDYOZ9K9WF47 | Long             | ABS-O            | CORP              | US        |    994000 | PA      | $1017439.32   | 0.62%             | 2031-01-27      | Fixed         | 5.48%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140QQ2L8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    412198 | PA      | $411461.17    | 0.25%             | 2052-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                | GS Mortgage Securities Trust                            | CUSIP: 36258RBA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     64000 | PA      | $58563.40     | 0.04%             | 2053-05-12      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3132DN3T8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    657247 | PA      | $655054.87    | 0.40%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae REMICS                                       | CUSIP: 3136AP3N0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   3129460 | PA      | $2802085.62   | 1.71%             | 2045-09-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CWMBS Inc                                                   | CHL Mortgage Pass-Through Trust                         | CUSIP: 12669FPC1<br>LEI: 549300430UQIJMFG3R47 | Long             | ABS-O            | CORP              | US        |     21834 | PA      | $21778.87     | 0.01%             | 2034-04-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CD 2017 Cd3 Mortgage Trust                                  | CD 2017-CD3 Mortgage Trust                              | CUSIP: 12515GAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $679496.86    | 0.41%             | 2050-02-10      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3131XUDU8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |     80684 | PA      | $77572.32     | 0.05%             | 2046-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Multifamily Structured Pass Through         | CUSIP: 3137FKKN5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    140000 | PA      | $138528.24    | 0.08%             | 2030-11-25      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                    | Avis Budget Rental Car Funding AESOP LLC                | CUSIP: 05377RGY4<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1286049.25   | 0.78%             | 2029-06-20      | Fixed         | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140XHFS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1046594 | PA      | $1005925.79   | 0.61%             | 2051-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TRICON RESIDENTAL TR 2025-SFR1                              | Tricon Residential 2025-SFR1 Trust                      | CUSIP: 895974AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1848446 | PA      | $1851984.12   | 1.13%             | 2042-03-17      | Floating      | 5.46%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 31418BJL1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     32945 | PA      | $32699.47     | 0.02%             | 2044-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust Inc.                          | Citigroup Mortgage Loan Trust, Inc.                     | CUSIP: 17307GHE1<br>LEI: 549300R1KUK063S4I339 | Long             | ABS-O            | CORP              | US        |      8952 | PA      | $8939.52      | 0.01%             | 2034-08-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                                     | Freddie Mac Pool                                        | CUSIP: 3132DTNZ9<br>LEI: 2549001DPIFGXC1TOL40 | Long             | ABS-MBS          | USGA              | US        |   1352805 | PA      | $1288238.43   | 0.79%             | 2052-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2024-V6 MORTGAGE TRUST                            | Benchmark Mortgage Trust                                | CUSIP: 081927AB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     85000 | PA      | $88882.03     | 0.05%             | 2029-03-15      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                    | Government National Mortgage Association                | CUSIP: 38382NJZ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   1443040 | PA      | $1492523.24   | 0.91%             | 2051-02-20      | Variable      | 5.90%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2012-Lc5              | Wells Fargo Commercial Mortgage Trust                   | CUSIP: 95000YAY1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $295858.74    | 0.18%             | 2050-10-15      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137B34U9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     34422 | PA      | $33572.01     | 0.02%             | 2041-07-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae REMICS                                       | CUSIP: 3136AUBX8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     92005 | PA      | $85809.38     | 0.05%             | 2045-10-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae REMICS                                       | CUSIP: 31397NZT5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    521027 | PA      | $530191.93    | 0.32%             | 2039-05-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BBCMS Mortgage Trust 2020-C6                                | BBCMS Mortgage Trust                                    | CUSIP: 05492VAF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    325000 | PA      | $289963.73    | 0.18%             | 2053-04-15      | Variable      | 2.04%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman Clo XIV Ltd.                               | Neuberger Berman Loan Advisers CLO 47 Ltd               | CUSIP: 64135DAA3<br>LEI: 549300Z5ZNFT7IECFZ07 | Long             | ABS-CBDO         | CORP              | US        |   1500000 | PA      | $1502730.00   | 0.92%             | 2035-04-14      | Floating      | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3132DQPV2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    838681 | PA      | $851799.89    | 0.52%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137BUSK5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    475000 | PA      | $423061.27    | 0.26%             | 2046-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                    | Ginnie Mae II Pool                                      | CUSIP: 36230QJX7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      6229 | PA      | $5994.27      | 0.00%             | 2040-12-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140XKLF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    473278 | PA      | $482723.44    | 0.29%             | 2053-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2024-5C25                              | BBCMS Mortgage Trust                                    | CUSIP: 05554VAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     75000 | PA      | $78522.94     | 0.05%             | 2057-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137FJQD4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   2079216 | PA      | $2024191.32   | 1.23%             | 2048-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137AXUF8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    119000 | PA      | $112861.08    | 0.07%             | 2032-12-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Cd 2016-Cd2 Mortga                                          | CD 2016-CD2 Mortgage Trust                              | CUSIP: 12515ABE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    589000 | PA      | $573020.43    | 0.35%             | 2049-11-10      | Variable      | 3.53%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137A6R38<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     82103 | PA      | $82635.87     | 0.05%             | 2040-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 31419FMD5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     29939 | PA      | $29967.96     | 0.02%             | 2040-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140QMMU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    254714 | PA      | $224628.66    | 0.14%             | 2051-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                                     | Freddie Mac Pool                                        | CUSIP: 3132A5ET8<br>LEI: 2549001DPIFGXC1TOL40 | Long             | ABS-MBS          | USGA              | US        |     74723 | PA      | $67683.13     | 0.04%             | 2046-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae REMICS                                       | CUSIP: 3136A2M67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    809034 | PA      | $813329.24    | 0.50%             | 2041-12-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 31418BMG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     97439 | PA      | $96711.80     | 0.06%             | 2045-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae REMICS                                       | CUSIP: 3136BQE21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    662399 | PA      | $546135.39    | 0.33%             | 2049-09-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SMR MORTGAGE TRUST 2022-IND                                 | SMR Mortgage Trust                                      | CUSIP: 78458MAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    232582 | PA      | $232486.84    | 0.14%             | 2039-02-15      | Floating      | 5.80%                 | Yes           |                  2 | On Loan: No      |
| ELP COMMERCIAL MTG TR 2021-ELP                              | ELP Commercial Mortgage Trust                           | CUSIP: 26863LAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    248926 | PA      | $248614.72    | 0.15%             | 2038-11-15      | Floating      | 5.59%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140Y6HN3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1640305 | PA      | $1629441.49   | 0.99%             | 2055-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                               | United States Small Business Administration             | CUSIP: 83162CTE3<br>LEI: N/A                  | Long             | ABS-O            | USGA              | US        |     29296 | PA      | $29351.98     | 0.02%             | 2030-04-01      | Fixed         | 4.36%                 | No            |                  2 | On Loan: No      |
| Allegany Park Clo Ltd.                                      | Allegany Park CLO Ltd                                   | CUSIP: 017154AU9<br>LEI: 549300D5KL0IVFLIND32 | Long             | ABS-CBDO         | CORP              | US        |   1466000 | PA      | $1466659.70   | 0.89%             | 2035-01-20      | Variable      | 5.37%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3132DWB77<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    842606 | PA      | $741073.48    | 0.45%             | 2051-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3138A5N24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     86488 | PA      | $84652.50     | 0.05%             | 2041-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140QN7F3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2884493 | PA      | $2652304.80   | 1.62%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank Of America Merrill Lynch Trust 2016-C32 | Morgan Stanley Bank of America Merrill Lynch Trust      | CUSIP: 61691GAS9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $496083.75    | 0.30%             | 2049-12-15      | Variable      | 3.72%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                | United States Treasury Note/Bond                        | CUSIP: 912810TF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2644100 | PA      | $1959319.40   | 1.19%             | 2042-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3132DQH58<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1008186 | PA      | $991065.14    | 0.60%             | 2053-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                    | Government National Mortgage Association                | CUSIP: 38374L5H0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    317891 | PA      | $325643.48    | 0.20%             | 2035-09-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae REMICS                                       | CUSIP: 3136B76S5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    739959 | PA      | $681130.74    | 0.42%             | 2050-02-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140XNK60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1111702 | PA      | $1139116.78   | 0.69%             | 2053-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137F5QL6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    915477 | PA      | $871500.96    | 0.53%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hertz Vehicle Financing LLC                                 | Hertz Vehicle Financing III LLC                         | CUSIP: 42806MCE7<br>LEI: 5493004IHDYOZ9K9WF47 | Long             | ABS-O            | CORP              | US        |   1212000 | PA      | $1266587.03   | 0.77%             | 2030-03-25      | Fixed         | 6.15%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137FQTC7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    693902 | PA      | $627914.51    | 0.38%             | 2049-07-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3138AKGD5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     58936 | PA      | $60309.52     | 0.04%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VDCM COMMERCIAL MORTGAGE TRUST 2025-AZ                      | VDCM Commercial Mortgage Trust 2025-AZ                  | CUSIP: 91825CAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    242000 | PA      | $245180.78    | 0.15%             | 2044-07-13      | Variable      | 6.03%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3138WEBW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    111272 | PA      | $104608.72    | 0.06%             | 2045-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ares XLIV CLO Ltd.                                          | ARES XLIV CLO Ltd                                       | CUSIP: 04016NBH5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    825000 | PA      | $826650.00    | 0.50%             | 2034-04-15      | Floating      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 31394TAD7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    102682 | PA      | $99684.68     | 0.06%             | 2034-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140QED41<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    173270 | PA      | $152823.96    | 0.09%             | 2050-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140XCYT9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1607288 | PA      | $1424399.18   | 0.87%             | 2051-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140XGCK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    651483 | PA      | $584103.24    | 0.36%             | 2050-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137ASP65<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    515500 | PA      | $426682.08    | 0.26%             | 2042-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Onemain Direct Auto Receivables Tst                         | OneMain Direct Auto Receivables Trust                   | CUSIP: 682685AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    415000 | PA      | $418566.01    | 0.26%             | 2029-11-14      | Fixed         | 5.41%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137A0XA8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    500000 | PA      | $500028.90    | 0.30%             | 2040-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                    | Government National Mortgage Association                | CUSIP: 38380NEZ8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    278170 | PA      | $267860.09    | 0.16%             | 2029-03-16      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140MHS91<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    738339 | PA      | $654530.04    | 0.40%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140XAG97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    389707 | PA      | $331560.91    | 0.20%             | 2051-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Fannie Mae Pool                                         | CUSIP: 31418EVX5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    444800 | PA      | $457844.57    | 0.28%             | 2043-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140W0TY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1216214 | PA      | $1250812.07   | 0.76%             | 2054-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137AWAR6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    628000 | PA      | $523418.34    | 0.32%             | 2042-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                    | Ginnie Mae II Pool                                      | CUSIP: 3622AB2M3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    416018 | PA      | $392547.27    | 0.24%             | 2052-07-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3133BV5M3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    806169 | PA      | $818039.82    | 0.50%             | 2053-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LCM 33 Ltd / LCM 33 LLC                                     | LCM 33 Ltd                                              | CUSIP: 50202CAJ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1582000 | PA      | $1584562.84   | 0.97%             | 2034-07-20      | Floating      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3131XJ3R1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    124396 | PA      | $117401.50    | 0.07%             | 2042-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                    | Government National Mortgage Association                | CUSIP: 38375LUZ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    141560 | PA      | $143716.40    | 0.09%             | 2037-10-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| American Tower Trust I                                      | American Tower Trust #1                                 | CUSIP: 03027WAK8<br>LEI: 5493004YGM0MQZJOEJ36 | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $245747.40    | 0.15%             | 2028-03-15      | Fixed         | 3.65%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 31418BLH7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     94669 | PA      | $91232.79     | 0.06%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Onemain Financial Issuance Trust 2019-2                     | OneMain Financial Issuance Trust                        | CUSIP: 68269BAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1012000 | PA      | $992743.06    | 0.60%             | 2036-10-14      | Fixed         | 3.14%                 | Yes           |                  2 | On Loan: No      |
| Vantage Data Centers Issuer                                 | Vantage Data Centers LLC                                | CUSIP: 92212KAH9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    785000 | PA      | $788975.79    | 0.48%             | 2055-08-15      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3133KYT90<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    140739 | PA      | $123808.57    | 0.08%             | 2040-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fresb Mortgage Trust                                        | FRESB Mortgage Trust                                    | CUSIP: 35802YAJ0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    316140 | PA      | $309219.68    | 0.19%             | 2027-07-25      | Variable      | 2.88%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2012-Lc5              | Wells Fargo Commercial Mortgage Trust                   | CUSIP: 95002XBD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $451904.20    | 0.28%             | 2053-08-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Strips                                      | CUSIP: 3128HVH85<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    733357 | PA      | $609993.71    | 0.37%             | 2036-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140J7UL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     42693 | PA      | $42440.20     | 0.03%             | 2047-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2023-B39 MTG TR                                   | Benchmark 2023-B39 Mortgage Trust                       | CUSIP: 081925AD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1495000 | PA      | $1587792.26   | 0.97%             | 2056-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BANK5 2024-5YR6                                             | BANK5 Trust                                             | CUSIP: 066043AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    252000 | PA      | $266160.36    | 0.16%             | 2057-05-15      | Fixed         | 6.22%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3132DPXA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   3331268 | PA      | $3307803.08   | 2.02%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VACATIONS 2024-3                               | Hilton Grand Vacations Trust 2024-3                     | CUSIP: 43283NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1168137 | PA      | $1179593.55   | 0.72%             | 2040-08-27      | Fixed         | 4.98%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 31397T2X9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     61129 | PA      | $62883.16     | 0.04%             | 2038-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2012-Lc5              | Wells Fargo Commercial Mortgage Trust                   | CUSIP: 95000PAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     50000 | PA      | $49630.26     | 0.03%             | 2049-12-15      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140FVUY0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     46154 | PA      | $43945.61     | 0.03%             | 2047-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Cap I Tst 2018-H3                            | Morgan Stanley Capital I Trust                          | CUSIP: 61767YAZ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    435000 | PA      | $432201.34    | 0.26%             | 2051-07-15      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137AWH81<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    501114 | PA      | $498667.29    | 0.30%             | 2027-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2024-5C25                              | BBCMS Mortgage Trust 2024-5C25                          | CUSIP: 05554VAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     51000 | PA      | $53225.21     | 0.03%             | 2057-03-15      | Variable      | 6.36%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3131WPAK5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |     25365 | PA      | $25976.53     | 0.02%             | 2040-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 31416BMV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     24512 | PA      | $25415.06     | 0.02%             | 2038-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                    | Government National Mortgage Association                | CUSIP: 38378XMJ7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    474301 | PA      | $452399.80    | 0.28%             | 2046-11-16      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                | GS Mortgage Securities Trust                            | CUSIP: 36264KAV2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $440641.40    | 0.27%             | 2053-12-12      | Fixed         | 2.01%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2024-V7 MORTGAGE TRUST                            | Benchmark 2024-V7 Mortgage Trust                        | CUSIP: 08163YAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    209000 | PA      | $220965.02    | 0.13%             | 2056-05-15      | Variable      | 6.23%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2024-V7 MORTGAGE TRUST                            | Benchmark 2024-V7 Mortgage Trust                        | CUSIP: 08163YAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    167000 | PA      | $176031.33    | 0.11%             | 2056-05-15      | Variable      | 6.53%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137F8M42<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    711870 | PA      | $613510.83    | 0.37%             | 2051-01-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                                     | Freddie Mac Multifamily Structured Pass Through         | CUSIP: 3137H4RG7<br>LEI: 2549001DPIFGXC1TOL40 | Long             | ABS-O            | USGSE             | US        |   1000000 | PA      | $805757.90    | 0.49%             | 2036-10-25      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140XGMJ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    577235 | PA      | $532516.71    | 0.32%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140W0GL3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1193122 | PA      | $1209739.77   | 0.74%             | 2054-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae REMICS                                       | CUSIP: 31392JY60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    107578 | PA      | $106561.85    | 0.06%             | 2033-03-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                    | Government National Mortgage Association                | CUSIP: 38381BH56<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    863000 | PA      | $773681.48    | 0.47%             | 2049-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140J9SH5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2839635 | PA      | $2747478.24   | 1.67%             | 2047-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae REMICS                                       | CUSIP: 31392JKC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     26602 | PA      | $27334.65     | 0.02%             | 2033-03-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 31329KWW0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    114516 | PA      | $112781.98    | 0.07%             | 2037-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION 2024-F                                | SMB Private Education Loan Trust 2024-F                 | CUSIP: 83207VAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1406904 | PA      | $1426021.87   | 0.87%             | 2054-03-16      | Fixed         | 5.06%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3138AS4B5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    106971 | PA      | $104104.24    | 0.06%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 31329JE52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |     18609 | PA      | $19058.26     | 0.01%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137AW6C4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    724000 | PA      | $575501.16    | 0.35%             | 2042-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman Loan Advisers CLO 41 Ltd.                  | Neuberger Berman Loan Advisers CLO 41 Ltd.              | CUSIP: 64134BAJ9<br>LEI: 549300RYH1PYRU661D66 | Long             | ABS-CBDO         | CORP              | US        |   1581000 | PA      | $1582691.67   | 0.96%             | 2034-04-15      | Floating      | 5.35%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2012-Lc5              | Wells Fargo Commercial Mortgage Trust                   | CUSIP: 95002RAX6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    220800 | PA      | $203406.72    | 0.12%             | 2053-06-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3132DQSL1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1074073 | PA      | $1100724.26   | 0.67%             | 2053-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137H0WB0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    337806 | PA      | $289832.76    | 0.18%             | 2050-09-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Credit Suisse First Boston Mortgage Securities Corp.        | CSFB Mortgage-Backed Pass-Through Certificates          | CUSIP: 22541SAL2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      8693 | PA      | $8709.24      | 0.01%             | 2034-02-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BANK5 2023-5YR4                                             | BANK5 2023-5YR4                                         | CUSIP: 06211FBA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1069175.80   | 0.65%             | 2056-12-15      | Variable      | 7.27%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3132DUJB4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   2543476 | PA      | $2616557.05   | 1.59%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3133KYYS2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    420399 | PA      | $431949.35    | 0.26%             | 2043-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae REMICS                                       | CUSIP: 31397QBT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    825833 | PA      | $759159.29    | 0.46%             | 2041-01-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSAIL 2017-C8 Commercial Mortgage Trust                     | CSAIL 2015-C3 Commercial Mortgage Trust                 | CUSIP: 12635FAT1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      4784 | PA      | $4773.21      | 0.00%             | 2048-08-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac Pool                                        | CUSIP: 3131XYVQ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |     76055 | PA      | $70671.02     | 0.04%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140XQY35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3505490 | PA      | $3423486.70   | 2.09%             | 2053-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3138A7HY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     55120 | PA      | $52527.15     | 0.03%             | 2041-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2024-V6 MORTGAGE TRUST                            | Benchmark Mortgage Trust                                | CUSIP: 081927AE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    553000 | PA      | $579085.56    | 0.35%             | 2029-03-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140FMST4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     92308 | PA      | $83417.89     | 0.05%             | 2047-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BMO 2025-5C12 MORTGAGE TRUST                                | BMO 2025-5C12 Mortgage Trust                            | CUSIP: 09663VAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    737000 | PA      | $757852.83    | 0.46%             | 2058-10-15      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2024-V5 MORTGAGE TRUST                            | Benchmark Mortgage Trust                                | CUSIP: 08163XAY9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    220000 | PA      | $229217.32    | 0.14%             | 2057-01-10      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| Comm 2017-Panw Mortgage Trust                               | COMM Mortgage Trust                                     | CUSIP: 12595EAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $244957.85    | 0.15%             | 2050-09-10      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140XCLU0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    886503 | PA      | $759049.98    | 0.46%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae REMICS FNR 2020-56 AQ                        | CUSIP: 3136BBME9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1900000 | PA      | $1537510.40   | 0.94%             | 2050-08-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                    | Avis Budget Rental Car Funding AESOP LLC                | CUSIP: 05377RHM9<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1049876.00   | 0.64%             | 2030-02-20      | Fixed         | 6.02%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 31396A5J9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    129131 | PA      | $136123.22    | 0.08%             | 2035-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                       | Fannie Mae Pool                                         | CUSIP: 3140QDX33<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1228806 | PA      | $1132428.24   | 0.69%             | 2050-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                            | Freddie Mac REMICS                                      | CUSIP: 3137ACW96<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    881862 | PA      | $887590.24    | 0.54%             | 2041-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BMO 2023-C7 MORTGAGE TRUST                                  | BMO 2023-C7 Mortgage Trust                              | CUSIP: 05593FAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1615948.65   | 0.98%             | 2056-12-15      | Fixed         | 6.16%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                | United States Treasury Bond                             | CUSIP: 912810TB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2158200 | PA      | $1220900.47   | 0.74%             | 2051-11-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| BMO 2023-5C1 MORTGAGE TRUST                                 | BMO 2023-5C1 Mortgage Trust                             | CUSIP: 055986AF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     51000 | PA      | $54039.32     | 0.03%             | 2056-08-15      | Variable      | 7.35%                 | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** Sterling Capital Funds

**Signature:** Todd Miller

**Name of Signer:** Todd Miller

**Title:** Treasurer