# EDGAR Filing Document

**Accession Number:** 0000932381
**File Stem:** 0000932381-25-000037
**Filing Date:** 2025-8
**Character Count:** 85518
**Document Hash:** 887ba968a48ceb77961ec8480c4fe978
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000932381-25-000037.hdr.sgml**: 20250820

**ACCESSION NUMBER**: 0000932381-25-000037

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250820

**DATE AS OF CHANGE**: 20250820

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tributary Funds, Inc.
- **CENTRAL INDEX KEY:** 0000932381

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08846
- **FILM NUMBER:** 251234749

**BUSINESS ADDRESS:**
- **STREET 1:** 1620 DODGE STREET
- **STREET 2:** STOP 1075
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68197
- **BUSINESS PHONE:** 1-800-662-4203

**MAIL ADDRESS:**
- **STREET 1:** 1620 DODGE STREET
- **STREET 2:** STOP 1075
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68197

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST FOCUS FUNDS INC
- **DATE OF NAME CHANGE:** 20010731

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST OMAHA FUNDS INC
- **DATE OF NAME CHANGE:** 19941103

## Series and Classes Contracts Data

### Balanced Fund (Series ID: S000022136)

| Class ID   | Class Name         | Ticker Symbol   |
|:---|:---|:---|
| C000063510 | Institutional      | FOBAX           |
| C000091256 | Institutional Plus | FOBPX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** TRIBUTARY CAPITAL MANAGEMENT, LLC

- **b. Investment Company Act file number:** 811-08846

- **c. CIK number of Registrant:** 0000932381

- **d. LEI of Registrant:** 2549000T9YMVQWFGOI81

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

  - **Street Address 1:** 1620 DODGE STREET

  - **City:** OMAHA

  - **State:** NE

  - **Foreign country:** US

  - **Zip / Postal Code:** 68197

  - **Telephone number:** 800-662-4203

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

- **a. Name of Series:** TRIBUTARY BALANCED FUND

- **b. EDGAR series identifier (if any):** S000022136

- **c. LEI of Series:** 254900MJ8XBXLU792078

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

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

- **b. Date as of which information is reported:** 2025-06-30

**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:** $82350771.39

**Total Liabilities:** $249196.06

**Net Assets:** $82101575.33

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 29.45780000 | **1-Year:** 70.49770000 | **5-Year:** 3893.16950000 | **10-Year:** 2147.76410000 | **30-Year:** 0.00000000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 65.01480000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000063510 | -0.51%               | 3.36%                | 3.06%                |
| Class ID C000091256 | -0.47%               | 3.37%                | 3.08%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $352125.90               | $-808630.96                                |
| Month 2  | $339366.24               | $2113351.51                                |
| Month 3  | $314602.76               | $2031675.18                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AMSR Trust                                     | AMSR Trust                                                       | CUSIP: 00178UAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     20849 | PA      | $20805.58     | 0.03%             | 2037-07-17      | Fixed         | 1.63%                 | Yes           |                  2 | On Loan: No      |
| AT&T INC                                       | AT&T, Inc.                                                       | CUSIP: 00206RGQ9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    303000 | PA      | $302014.26    | 0.37%             | 2030-02-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                            | Abbott Laboratories                                              | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      4590 | NS      | $624285.90    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                                     | AbbVie, Inc.                                                     | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      3050 | NS      | $566141.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                      | Adobe, Inc.                                                      | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      1260 | NS      | $487468.80    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| AGILENT TECHNOLOGIES INC                       | Agilent Technologies, Inc.                                       | CUSIP: 00846UAM3<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |    310000 | PA      | $277750.93    | 0.34%             | 2030-06-04      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Aligned Data Centers Issuer LL                 | Aligned Data Centers Issuer, LLC                                 | CUSIP: 01627AAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    155000 | PA      | $149812.62    | 0.18%             | 2046-08-15      | Fixed         | 1.94%                 | Yes           |                  2 | On Loan: No      |
| Alphabet Inc                                   | Alphabet, Inc.                                                   | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     10805 | NS      | $1916698.95   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                 | Amazon.com, Inc.                                                 | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      9280 | NS      | $2035939.20   | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| American Heritage Auto Receiva                 | American Heritage Auto Receivables Trust                         | CUSIP: 026944AD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     85000 | PA      | $85760.71     | 0.10%             | 2030-06-17      | Fixed         | 5.07%                 | Yes           |                  2 | On Loan: No      |
| American Tower Corp                            | American Tower Corp.                                             | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      2180 | NS      | $481823.60    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK Inc                                     | AMETEK, Inc.                                                     | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |      2825 | NS      | $511212.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                                      | Amgen, Inc.                                                      | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      1770 | NS      | $494201.70    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                                  | Amphenol Corp.                                                   | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      6945 | NS      | $685818.75    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| AXIS Equipment Finance Receiva                 | AXIS Equipment Finance Receivables XI, LLC                       | CUSIP: 03236XAB3<br>LEI: 549300IFG1NMINYRYF89 | Long             | ABS-MBS          | CORP              | US        |     62091 | PA      | $62218.01     | 0.08%             | 2028-06-21      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                       | Angel Oak Mortgage Trust                                         | CUSIP: 03464PAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     84211 | PA      | $79323.77     | 0.10%             | 2067-01-25      | Variable      | 3.35%                 | Yes           |                  2 | On Loan: No      |
| Apple Inc                                      | Apple, Inc.                                                      | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     14930 | NS      | $3063188.10   | 3.73%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS INC                          | Applied Materials, Inc.                                          | CUSIP: 038222AN5<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |    170000 | PA      | $151083.14    | 0.18%             | 2030-06-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Arista Networks Inc                            | Arista Networks, Inc.                                            | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      3750 | NS      | $383662.50    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmos Energy Corp                              | Atmos Energy Corp.                                               | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |      2880 | NS      | $443836.80    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Auxilior Term Funding LLC                      | Auxilior Term Funding, LLC                                       | CUSIP: 05335FAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     75366 | PA      | $75745.33     | 0.09%             | 2027-03-15      | Fixed         | 5.84%                 | Yes           |                  2 | On Loan: No      |
| Avant Loans Funding Trust                      | Avant Loans Funding Trust                                        | CUSIP: 05352BAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $300897.21    | 0.37%             | 2034-05-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Barclays Commercial Mortgage S                 | Barclays Commercial Mortgage Trust                               | CUSIP: 05492JAT9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     51220 | PA      | $49949.34     | 0.06%             | 2052-11-15      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| BMW FINANCE NV                                 | BMW Finance NV                                                   | CUSIP: 05600LAC0<br>LEI: 5299006ZHG3IXU0PNJ56 | Long             | DBT              | CORP              | NL        |    230000 | PA      | $215306.74    | 0.26%             | 2029-08-14      | Fixed         | 2.85%                 | Yes           |                  2 | On Loan: No      |
| BX Trust                                       | BX Trust                                                         | CUSIP: 05609VAG0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    155012 | PA      | $154382.76    | 0.19%             | 2036-09-15      | Floating      | 5.38%                 | Yes           |                  2 | On Loan: No      |
| BX Trust                                       | BX Commercial Mortgage Trust                                     | CUSIP: 05610HAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     55621 | PA      | $55586.31     | 0.07%             | 2039-02-15      | Floating      | 5.32%                 | Yes           |                  2 | On Loan: No      |
| Balchem Corp                                   | Balchem Corp.                                                    | CUSIP: 057665200<br>LEI: 549300VR70OPMHUI3557 | Long             | EC               | CORP              | US        |      1800 | NS      | $286560.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP                           | Bank of America Corp.                                            | CUSIP: 06051GJT7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    345000 | PA      | $309611.57    | 0.38%             | 2032-04-22      | Variable      | 2.69%                 | No            |                  2 | On Loan: No      |
| BAYLOR SCOTT & WHITE HOL                       | Baylor Scott & White Holdings                                    | CUSIP: 072863AH6<br>LEI: 549300JQDKSBWYRGGV95 | Long             | DBT              | CORP              | US        |    125000 | PA      | $109477.40    | 0.13%             | 2030-11-15      | Fixed         | 1.78%                 | No            |                  2 | On Loan: No      |
| N/A                                            | BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares | CUSIP: 09248U718<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   2628342 | NS      | $2628341.80   | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| BofA Auto Trust                                | BofA Auto Trust                                                  | CUSIP: 09709AAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    175000 | PA      | $178390.87    | 0.22%             | 2030-06-17      | Fixed         | 5.31%                 | Yes           |                  2 | On Loan: No      |
| Booking Holdings Inc                           | Booking Holdings, Inc.                                           | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |        86 | NS      | $497874.64    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Brean Asset Backed Securities                  | Brean Asset Backed Securities Trust                              | CUSIP: 10638CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    133224 | PA      | $124371.99    | 0.15%             | 2063-10-25      | Variable      | 1.40%                 | Yes           |                  2 | On Loan: No      |
| Brown & Brown Inc                              | Brown & Brown, Inc.                                              | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |      4025 | NS      | $446251.75    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE SERVICES INC                              | CBRE Services, Inc.                                              | CUSIP: 12505BAE0<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |    326000 | PA      | $288110.16    | 0.35%             | 2031-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CCG Receivables Trust                          | CCG Receivables Trust                                            | CUSIP: 12511JAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     18889 | PA      | $18864.82     | 0.02%             | 2029-07-16      | Fixed         | 3.91%                 | Yes           |                  2 | On Loan: No      |
| CCG Receivables Trust                          | CCG Receivables Trust                                            | CUSIP: 12511QAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     66292 | PA      | $67098.37     | 0.08%             | 2032-04-14      | Fixed         | 6.28%                 | Yes           |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                   | CD Commercial Mortgage Trust                                     | CUSIP: 12512JAT1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     77541 | PA      | $77178.42     | 0.09%             | 2051-08-15      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| CCG Receivables Trust                          | CCG Receivables Trust                                            | CUSIP: 12512XAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     30973 | PA      | $31133.49     | 0.04%             | 2030-09-16      | Fixed         | 5.82%                 | Yes           |                  2 | On Loan: No      |
| CCG Receivables Trust                          | CCG Receivables Trust                                            | CUSIP: 12515PAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     80043 | PA      | $80487.41     | 0.10%             | 2032-03-15      | Fixed         | 4.99%                 | Yes           |                  2 | On Loan: No      |
| CF Hippolyta Issuer LLC                        | CF Hippolyta Issuer, LLC                                         | CUSIP: 12530MAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    233858 | PA      | $231355.01    | 0.28%             | 2060-07-15      | Fixed         | 1.69%                 | Yes           |                  2 | On Loan: No      |
| CF Hippolyta Issuer LLC                        | CF Hippolyta Issuer, LLC                                         | CUSIP: 12530MAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    113094 | PA      | $108810.13    | 0.13%             | 2061-03-15      | Fixed         | 1.53%                 | Yes           |                  2 | On Loan: No      |
| CME Group Inc                                  | CME Group, Inc.                                                  | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |      1865 | NS      | $514031.30    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                                       | CSX Corp.                                                        | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |      8700 | NS      | $283881.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Suisse Mortgage Trust                   | Credit Suisse Mortgage Trust                                     | CUSIP: 12651RAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     82127 | PA      | $74934.93     | 0.09%             | 2047-04-25      | Variable      | 3.25%                 | Yes           |                  2 | On Loan: No      |
| THE CAMPBELLS COMPANY                          | The Campbell's Co.                                               | CUSIP: 134429BJ7<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |    250000 | PA      | $226575.71    | 0.28%             | 2030-04-24      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                         | Chase Auto Owner Trust                                           | CUSIP: 16144KAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    280000 | PA      | $288334.14    | 0.35%             | 2029-06-25      | Fixed         | 5.59%                 | Yes           |                  2 | On Loan: No      |
| Chase Mortgage Finance Corpora                 | Chase Mortgage Finance Corp.                                     | CUSIP: 16159LAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    123679 | PA      | $113553.26    | 0.14%             | 2062-06-25      | Variable      | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Church & Dwight Co Inc                         | Church & Dwight Co., Inc.                                        | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |      5850 | NS      | $562243.50    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp                                    | Cintas Corp.                                                     | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2610 | NS      | $581690.70    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                                  | Citigroup, Inc.                                                  | CUSIP: 172967NU1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    300000 | PA      | $299327.66    | 0.36%             | 2033-05-24      | Variable      | 4.91%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                  | Citigroup Mortgage Loan Trust REMIC                              | CUSIP: 17322GAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      9249 | PA      | $9012.14      | 0.01%             | 2035-01-25      | Variable      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                  | Citigroup Mortgage Loan Trust                                    | CUSIP: 17327RAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     27347 | PA      | $26681.91     | 0.03%             | 2066-01-25      | Variable      | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Citizens Auto Receivables Trus                 | Citizens Auto Receivables Trust                                  | CUSIP: 17331KAD1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    211793 | PA      | $213149.24    | 0.26%             | 2028-01-18      | Fixed         | 5.84%                 | Yes           |                  2 | On Loan: No      |
| Coca-Cola Co/The                               | The Coca-Cola Co.                                                | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |      9600 | NS      | $679200.00    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMONBOND STUDENT LOAN TRUST                  | Commonbond Student Loan Trust                                    | CUSIP: 20267XAA1<br>LEI: 549300O1CSZVJJTIR319 | Long             | ABS-CBDO         | CORP              | US        |     19859 | PA      | $19244.49     | 0.02%             | 2046-02-25      | Fixed         | 3.87%                 | Yes           |                  2 | On Loan: No      |
| Corning Inc                                    | Corning, Inc.                                                    | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |      8000 | NS      | $420720.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                          | Costco Wholesale Corp.                                           | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       665 | NS      | $658310.10    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                         | Diamondback Energy, Inc.                                         | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |      2130 | NS      | $292662.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| WALT DISNEY COMPANY/THE                        | The Walt Disney Co.                                              | CUSIP: 254687FX9<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    335000 | PA      | $308834.24    | 0.38%             | 2031-01-13      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                            | Dollar General Corp.                                             | CUSIP: 256677AG0<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |    310000 | PA      | $294225.45    | 0.36%             | 2030-04-03      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                               | Duke Energy Corp.                                                | CUSIP: 26441CBZ7<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     85000 | PA      | $89275.41     | 0.11%             | 2033-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage T                 | Ellington Financial Mortgage Trust                               | CUSIP: 26846VAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    114813 | PA      | $115800.07    | 0.14%             | 2060-01-25      | Variable      | 5.73%                 | Yes           |                  2 | On Loan: No      |
| ELFI Graduate Loan Program LLC                 | ELFI Graduate Loan Program, LLC                                  | CUSIP: 26857LAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     33410 | PA      | $30073.74     | 0.04%             | 2045-08-25      | Fixed         | 1.73%                 | Yes           |                  2 | On Loan: No      |
| EOG Resources Inc                              | EOG Resources, Inc.                                              | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |      2940 | NS      | $351653.40    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| EBAY INC                                       | eBay, Inc.                                                       | CUSIP: 278642AU7<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |    305000 | PA      | $301779.88    | 0.37%             | 2027-06-05      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Edwards Lifesciences Corp                      | Edwards Lifesciences Corp.                                       | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |      5425 | NS      | $424289.25    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY TRANSFER LP                             | Energy Transfer LP                                               | CUSIP: 292480AL4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    245000 | PA      | $248463.16    | 0.30%             | 2028-05-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ENACT HOLDINGS INC                             | Enact Holdings, Inc.                                             | CUSIP: 29249EAA7<br>LEI: 9845003CA5664B741N19 | Long             | DBT              | CORP              | US        |    250000 | PA      | $259408.30    | 0.32%             | 2029-05-28      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Entegris Inc                                   | Entegris, Inc.                                                   | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | EC               | CORP              | US        |      4002 | NS      | $322761.30    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings Inc                         | Equitable Holdings, Inc.                                         | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |      6765 | NS      | $379516.50    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| EXELON CORP                                    | Exelon Corp.                                                     | CUSIP: 30161NBR1<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    300000 | PA      | $307291.76    | 0.37%             | 2031-03-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Exxon Mobil Corp                               | Exxon Mobil Corp.                                                | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      6315 | NS      | $680757.00    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                             | Meta Platforms, Inc.                                             | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      2410 | NS      | $1778796.90   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| FRTKL                                          | FRTKL 2021-SFR1                                                  | CUSIP: 30322DAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    190000 | PA      | $183067.05    | 0.22%             | 2038-09-17      | Fixed         | 1.57%                 | Yes           |                  2 | On Loan: No      |
| Fair Isaac Corp                                | Fair Isaac Corp.                                                 | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |       217 | NS      | $396667.32    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| First Help Financial LLC                       | First Help Financial LLC                                         | CUSIP: 30339EAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     79594 | PA      | $79818.77     | 0.10%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Fanniemae-Aces                                 | Federal National Mortgage Association REMIC                      | CUSIP: 3136B4TV0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | CORP              | US        |     65079 | PA      | $64235.18     | 0.08%             | 2029-04-25      | Variable      | 4.14%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                    | Federal Home Loan Mortgage Corp. REMIC                           | CUSIP: 3137BDX76<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      3933 | PA      | $3919.50      | 0.00%             | 2050-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                    | Federal Home Loan Mortgage Corp.                                 | CUSIP: 3137BWNS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     30166 | PA      | $29773.87     | 0.04%             | 2054-12-15      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Whole Loan Securit                 | Freddie Mac Whole Loan Securities                                | CUSIP: 3137G1AR8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      3919 | PA      | $3892.20      | 0.00%             | 2045-09-25      | Variable      | 3.67%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                            | CUSIP: 3138EHPF3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3543 | PA      | $3514.09      | 0.00%             | 2026-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                        | Federal National Mortgage Association                            | CUSIP: 31392DSE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140295 | PA      | $146921.32    | 0.18%             | 2032-07-25      | Variable      | 6.81%                 | No            |                  2 | On Loan: No      |
| FCCU Auto Receivables Trust                    | FCCU Auto Receivables Trust                                      | CUSIP: 31424YAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $202577.78    | 0.25%             | 2031-05-15      | Fixed         | 5.18%                 | Yes           |                  2 | On Loan: No      |
| Finance of America Structured Securities Trust | Finance of America Structured Securities Trust                   | CUSIP: 31739MAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     78140 | PA      | $77575.30     | 0.09%             | 2051-04-25      | Fixed         | 1.50%                 | Yes           |                  2 | On Loan: No      |
| First American Financial Corp                  | First American Financial Corp.                                   | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |      6215 | NS      | $381538.85    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| First Industrial Realty Trust                  | First Industrial Realty Trust, Inc.                              | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9010 | NS      | $433651.30    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc                                     | Fiserv, Inc.                                                     | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |      2880 | NS      | $496540.80    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                       | Ford Motor Credit Co., LLC                                       | CUSIP: 345397E58<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200417.76    | 0.24%             | 2029-03-08      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Foundation Finance Trust                       | Foundation Finance Trust                                         | CUSIP: 35040VAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    126786 | PA      | $126173.46    | 0.15%             | 2050-03-15      | Fixed         | 4.60%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac - SLST                             | Seasoned Loans Structured Transaction Trust                      | CUSIP: 35564CDD6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    240000 | PA      | $221544.67    | 0.27%             | 2029-09-25      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                   | Goldman Sachs Mortgage Securities Trust                          | CUSIP: 36258RBB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    172164 | PA      | $164019.77    | 0.20%             | 2053-05-12      | Fixed         | 2.32%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                   | Goldman Sachs Mortgage Securities Trust                          | CUSIP: 36265AAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    175000 | PA      | $173687.50    | 0.21%             | 2036-11-15      | Floating      | 5.31%                 | Yes           |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                        | The Goldman Sachs Group, Inc.                                    | CUSIP: 38141GZM9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    330000 | PA      | $297015.39    | 0.36%             | 2033-02-24      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                 | Government National Mortgage Association                         | CUSIP: 38380LSA2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-CBDO         | USGSE             | US        |     60108 | PA      | $58324.06     | 0.07%             | 2069-01-20      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| GREAT AMERICA LEASING RECEIVAB                 | GreatAmerica Leasing Receivables Funding, LLC                    | CUSIP: 39154TCJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $201532.40    | 0.25%             | 2028-01-18      | Fixed         | 4.98%                 | Yes           |                  2 | On Loan: No      |
| Greensky Home Improvement Issu                 | GreenSky Home Improvement Trust                                  | CUSIP: 39571MAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $102344.58    | 0.12%             | 2059-06-25      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| Greensky Home Improvement Issu                 | GreenSky Home Improvement Trust                                  | CUSIP: 39571MAD0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     52464 | PA      | $53496.16     | 0.07%             | 2059-06-25      | Fixed         | 5.67%                 | Yes           |                  2 | On Loan: No      |
| GreenState Auto Receivables Tr                 | GreenState Auto Receivables Trust                                | CUSIP: 39573AAC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    170000 | PA      | $170981.89    | 0.21%             | 2029-01-16      | Fixed         | 5.19%                 | Yes           |                  2 | On Loan: No      |
| Home Depot Inc/The                             | The Home Depot, Inc.                                             | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      1535 | NS      | $562792.40    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudson Yards                                   | Hudson Yards Mortgage Trust                                      | CUSIP: 44421GAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    200000 | PA      | $187721.70    | 0.23%             | 2039-07-10      | Fixed         | 3.23%                 | Yes           |                  2 | On Loan: No      |
| Humana Inc                                     | Humana, Inc.                                                     | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |       440 | NS      | $107571.20    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON INGALLS INDUS                       | Huntington Ingalls Industries, Inc.                              | CUSIP: 446413AL0<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |    260000 | PA      | $254190.26    | 0.31%             | 2027-12-01      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| The Huntington National Bank                   | Huntington Bank Auto Credit-Linked Notes                         | CUSIP: 446438SX2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    143478 | PA      | $144046.12    | 0.18%             | 2033-03-21      | Fixed         | 4.96%                 | Yes           |                  2 | On Loan: No      |
| IP 2025-IP Mortgage Trust                      | IP 2025-IP Mortgage Trust                                        | CUSIP: 449843AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $152171.22    | 0.19%             | 2042-06-10      | Variable      | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Ingersoll Rand Inc                             | Ingersoll Rand, Inc.                                             | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |      5075 | NS      | $422138.50    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                       | Intercontinental Exchange, Inc.                                  | CUSIP: 45866FAK0<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    350000 | PA      | $312970.84    | 0.38%             | 2030-06-15      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                            | JPMorgan Chase & Co.                                             | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      3975 | NS      | $1152392.25   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO                            | JPMorgan Chase & Co.                                             | CUSIP: 46647PBE5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    340000 | PA      | $317029.95    | 0.39%             | 2030-10-15      | Variable      | 2.74%                 | No            |                  2 | On Loan: No      |
| KNDR 2021-KIND A                               | KNDR 2021-KIND A                                                 | CUSIP: 482606AA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    143799 | PA      | $142181.65    | 0.17%             | 2038-08-15      | Floating      | 5.38%                 | Yes           |                  2 | On Loan: No      |
| KEYCORP                                        | KeyCorp                                                          | CUSIP: 49326EEK5<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144641.00    | 0.18%             | 2027-04-06      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Kubota Credit Owner Trust                      | Kubota Credit Owner Trust                                        | CUSIP: 50117DAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $102313.01    | 0.12%             | 2030-05-15      | Fixed         | 5.19%                 | Yes           |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                     | LAD Auto Receivables Trust                                       | CUSIP: 50168BAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     84763 | PA      | $84993.10     | 0.10%             | 2027-09-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| LA VISTA NE ECON DEV FUND                      | La Vista Economic Development Fund                               | CUSIP: 505321AQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $46166.04     | 0.06%             | 2028-10-15      | Fixed         | 1.64%                 | No            |                  2 | On Loan: No      |
| Lamb Weston Holdings Inc                       | Lamb Weston Holdings, Inc.                                       | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |      5420 | NS      | $281027.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Lantheus Holdings Inc                          | Lantheus Holdings, Inc.                                          | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |      3670 | NS      | $300426.20    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                                 | Eli Lilly & Co.                                                  | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      1130 | NS      | $880868.90    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Equipment Notes                            | M&T Equipment Notes                                              | CUSIP: 55376YAD7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    105000 | PA      | $106707.89    | 0.13%             | 2031-08-18      | Fixed         | 4.94%                 | Yes           |                  2 | On Loan: No      |
| Manhattan Associates Inc                       | Manhattan Associates, Inc.                                       | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |      2190 | NS      | $432459.30    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| MARS INC                                       | Mars, Inc.                                                       | CUSIP: 571676AY1<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    300000 | PA      | $303959.98    | 0.37%             | 2030-03-01      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| MasTec Inc                                     | MasTec, Inc.                                                     | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |      3510 | NS      | $598209.30    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                                 | Mastercard, Inc.                                                 | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      1575 | NS      | $885055.50    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MCDONALD'S CORP                                | McDonald's Corp.                                                 | CUSIP: 58013MFM1<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    330000 | PA      | $299463.81    | 0.36%             | 2030-03-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                 | Microsoft Corp.                                                  | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      7535 | NS      | $3747984.35   | 4.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Inc                       | Microchip Technology, Inc.                                       | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |      6920 | NS      | $486960.40    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp                                   | Moody's Corp.                                                    | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |       890 | NS      | $446415.10    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                 | Morgan Stanley                                                   | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      4265 | NS      | $600767.90    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                 | Morgan Stanley                                                   | CUSIP: 61747YEU5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    285000 | PA      | $285287.36    | 0.35%             | 2033-07-20      | Variable      | 4.89%                 | No            |                  2 | On Loan: No      |
| NMEF Funding LLC                               | NMEF Funding, LLC                                                | CUSIP: 62890MAB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      8052 | PA      | $8066.91      | 0.01%             | 2029-06-15      | Fixed         | 6.07%                 | Yes           |                  2 | On Loan: No      |
| NMEF Funding LLC                               | NMEF Funding, LLC                                                | CUSIP: 62919UAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     88059 | PA      | $88444.62     | 0.11%             | 2031-12-15      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| Napco Security Technologies In                 | Napco Security Technologies, Inc.                                | CUSIP: 630402105<br>LEI: 529900KV21J4YY9YST76 | Long             | EC               | CORP              | US        |     10748 | NS      | $319108.12    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| NNN REIT INC                                   | NNN REIT, Inc.                                                   | CUSIP: 637417AU0<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              | CORP              | US        |    155000 | PA      | $154173.51    | 0.19%             | 2031-02-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                     | Navient Student Loan Trust                                       | CUSIP: 63939CAD9<br>LEI: 54930094LU45XF2CP718 | Long             | ABS-MBS          | CORP              | US        |      2141 | PA      | $2141.18      | 0.00%             | 2031-10-15      | Floating      | 6.03%                 | Yes           |                  2 | On Loan: No      |
| New Residential Mortgage Loan                  | New Residential Mortgage Loan Trust REMIC                        | CUSIP: 64829EAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     18085 | PA      | $17546.01     | 0.02%             | 2055-08-25      | Variable      | 3.75%                 | Yes           |                  2 | On Loan: No      |
| NextEra Energy Inc                             | NextEra Energy, Inc.                                             | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |      7220 | NS      | $501212.40    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTH TEXAS HIGHER EDUCATION A                 | North Texas Higher Education Authority, Inc.                     | CUSIP: 66286VAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     61466 | PA      | $61145.35     | 0.07%             | 2061-09-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| NVIDIA Corp                                    | NVIDIA Corp.                                                     | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     25300 | NS      | $3997147.00   | 4.87%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc                        | O'Reilly Automotive, Inc.                                        | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      3390 | NS      | $305540.70    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Onslow Bay Financial LLC                       | Onslow Bay Financial LLC                                         | CUSIP: 67116WAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    137124 | PA      | $123083.15    | 0.15%             | 2052-02-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Octane Receivables Trust                       | Octane Receivables Trust                                         | CUSIP: 67578YAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     77564 | PA      | $78253.64     | 0.10%             | 2032-07-20      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| ORACLE CORP                                    | Oracle Corp.                                                     | CUSIP: 68389XCD5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    225000 | PA      | $213550.94    | 0.26%             | 2028-03-25      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| PEAC Solutions Receivables LLC                 | PEAC Solutions Receivables, LLC                                  | CUSIP: 69392HAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140000 | PA      | $142068.23    | 0.17%             | 2032-07-20      | Fixed         | 5.04%                 | Yes           |                  2 | On Loan: No      |
| PAYCHEX INC                                    | Paychex, Inc.                                                    | CUSIP: 704326AA5<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |    175000 | PA      | $179231.50    | 0.22%             | 2030-04-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Paycom Software Inc                            | Paycom Software, Inc.                                            | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |      1640 | NS      | $379496.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                                    | Phillips 66                                                      | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |      1475 | NS      | $175967.50    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Pool Corp                                      | Pool Corp.                                                       | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |       955 | NS      | $278363.40    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Post Road Equipment Finance                    | Post Road Equipment Finance, LLC                                 | CUSIP: 73747LAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $150827.49    | 0.18%             | 2031-05-15      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| Progress Residential Trust                     | Progress Residential Trust                                       | CUSIP: 74333HAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    119317 | PA      | $116305.25    | 0.14%             | 2038-07-17      | Fixed         | 1.52%                 | Yes           |                  2 | On Loan: No      |
| Purchasing Power Funding                       | Purchasing Power Funding, LLC                                    | CUSIP: 745935AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $200642.62    | 0.24%             | 2028-08-15      | Fixed         | 5.89%                 | Yes           |                  2 | On Loan: No      |
| PureCycle Technologies Inc                     | PureCycle Technologies, Inc.                                     | CUSIP: 74623V103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26701 | NS      | $365803.70    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                                   | QUALCOMM, Inc.                                                   | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      3915 | NS      | $623502.90    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INC                                   | QUALCOMM, Inc.                                                   | CUSIP: 747525BK8<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    328000 | PA      | $298424.47    | 0.36%             | 2030-05-20      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management                    | Woodward Capital Management                                      | CUSIP: 749427AA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    116497 | PA      | $117188.68    | 0.14%             | 2045-01-25      | Variable      | 5.65%                 | Yes           |                  2 | On Loan: No      |
| RTX Corp                                       | RTX Corp.                                                        | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      4757 | NS      | $694617.14    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| RECKITT BENCKISER TSY                          | Reckitt Benckiser Treasury Services PLC                          | CUSIP: 75625QAE9<br>LEI: 213800LAXWIUOOBZ3908 | Long             | DBT              | CORP              | GB        |    115000 | PA      | $112413.28    | 0.14%             | 2027-06-26      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| REGIONS FINANCIAL CORP                         | Regions Financial Corp.                                          | CUSIP: 7591EPAT7<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |    225000 | PA      | $207763.15    | 0.25%             | 2028-08-12      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Space Coast Credit Union                       | Space Coast Credit Union Auto Receivables Trust                  | CUSIP: 78436RAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    280000 | PA      | $281586.23    | 0.34%             | 2029-06-15      | Fixed         | 5.11%                 | Yes           |                  2 | On Loan: No      |
| SLM Student Loan Trust                         | SLM Student Loan Trust                                           | CUSIP: 78445AAD8<br>LEI: 549300EQOYJZL2D96G46 | Long             | ABS-MBS          | CORP              | US        |     53040 | PA      | $53158.00     | 0.06%             | 2029-04-15      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| SREIT Trust                                    | SREIT Trust                                                      | CUSIP: 78485GAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     57090 | PA      | $57054.57     | 0.07%             | 2036-07-15      | Floating      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Social Professional Loan Progr                 | SoFi Professional Loan Program Trust                             | CUSIP: 83405NAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    129688 | PA      | $112924.72    | 0.14%             | 2047-02-15      | Fixed         | 1.14%                 | Yes           |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM TRU                 | SoFi Consumer Loan Program Trust                                 | CUSIP: 83406YAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $201965.04    | 0.25%             | 2034-02-27      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Southern Co/The                                | The Southern Co.                                                 | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |      5315 | NS      | $488076.45    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Stack Infrastructure Issuer LL                 | Stack Infrastructure Issuer, LLC                                 | CUSIP: 85236KAE2<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-MBS          | CORP              | US        |     70000 | PA      | $68362.07     | 0.08%             | 2046-03-26      | Fixed         | 1.88%                 | Yes           |                  2 | On Loan: No      |
| STARBUCKS CORP                                 | Starbucks Corp.                                                  | CUSIP: 855244AV1<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48106.81     | 0.06%             | 2027-03-12      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Sun Communities Inc                            | Sun Communities, Inc.                                            | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |      3015 | NS      | $381367.35    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Sutherland Commercial Mortgage                 | Sutherland Commercial Mortgage Trust                             | CUSIP: 86935CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     54210 | PA      | $51676.92     | 0.06%             | 2041-04-25      | Variable      | 2.86%                 | Yes           |                  2 | On Loan: No      |
| Synchrony Financial                            | Synchrony Financial                                              | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |      4350 | NS      | $290319.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                                | T-Mobile US, Inc.                                                | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      1470 | NS      | $350242.20    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG Real Estate Finance                        | TRTX Issuer, Ltd.                                                | CUSIP: 87277JAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |     88374 | PA      | $88342.73     | 0.11%             | 2039-02-15      | Floating      | 5.96%                 | Yes           |                  2 | On Loan: No      |
| TSMC GLOBAL LTD                                | TSMC Global, Ltd.                                                | CUSIP: 872882AG0<br>LEI: 549300N2ZLI21P85T117 | Long             | DBT              | CORP              | VG        |     55000 | PA      | $47390.16     | 0.06%             | 2030-09-28      | Fixed         | 1.38%                 | Yes           |                  2 | On Loan: No      |
| Tesla Inc                                      | Tesla, Inc.                                                      | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      1485 | NS      | $471725.10    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc                            | Texas Roadhouse, Inc.                                            | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |      1925 | NS      | $360764.25    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                   | Thermo Fisher Scientific, Inc.                                   | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |       325 | NS      | $131774.50    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Timken Co/The                                  | The Timken Co.                                                   | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |      4795 | NS      | $347877.25    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Towd Point Mortgage Trust                      | Towd Point Mortgage Trust                                        | CUSIP: 89179YAR4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     90459 | PA      | $84406.19     | 0.10%             | 2061-11-25      | Variable      | 2.25%                 | Yes           |                  2 | On Loan: No      |
| Tricon American Homes                          | Tricon American Homes Trust                                      | CUSIP: 89613JAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    110799 | PA      | $103873.28    | 0.13%             | 2039-11-17      | Fixed         | 1.48%                 | Yes           |                  2 | On Loan: No      |
| Tricon Residential                             | Tricon Residential Trust                                         | CUSIP: 89616QAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    129568 | PA      | $127743.64    | 0.16%             | 2039-04-17      | Fixed         | 3.86%                 | Yes           |                  2 | On Loan: No      |
| UFP Technologies Inc                           | UFP Technologies, Inc.                                           | CUSIP: 902673102<br>LEI: 549300RJ8LY41HS70C91 | Long             | EC               | CORP              | US        |      1370 | NS      | $334499.20    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Commercial Mortgage Trust                  | UBS Commercial Mortgage Trust                                    | CUSIP: 90278PAY6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    133625 | PA      | $129604.50    | 0.16%             | 2052-12-15      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                             | Union Pacific Corp.                                              | CUSIP: 907818EY0<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    175000 | PA      | $174087.27    | 0.21%             | 2028-09-10      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                     | U.S. Bancorp                                                     | CUSIP: 91159HJL5<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    210000 | PA      | $207358.08    | 0.25%             | 2034-02-01      | Variable      | 4.84%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                                | U.S. Treasury Inflation Indexed Bond                             | CUSIP: 912810PV4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    185000 | PA      | $286896.42    | 0.35%             | 2028-01-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                | U.S. Treasury Note                                               | CUSIP: 912828V98<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1285000 | PA      | $1253678.13   | 1.53%             | 2027-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                | U.S. Treasury Note/Bond                                          | CUSIP: 912828Z94<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3255000 | PA      | $2945520.72   | 3.59%             | 2030-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                | U.S. Treasury Note/Bond                                          | CUSIP: 91282CDY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3525000 | PA      | $3096492.19   | 3.77%             | 2032-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                | U.S. Treasury Note/Bond                                          | CUSIP: 91282CHT1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1745000 | PA      | $1718416.01   | 2.09%             | 2033-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                | U.S. Treasury Note/Bond                                          | CUSIP: 91282CKD2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1495000 | PA      | $1521337.70   | 1.85%             | 2029-02-28      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                | U.S. Treasury Note/Bond                                          | CUSIP: 91282CLW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    865000 | PA      | $867838.28    | 1.06%             | 2034-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United Therapeutics Corp                       | United Therapeutics Corp.                                        | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |      1125 | NS      | $323268.75    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Vantage Data Centers LLC                       | Vantage Data Centers Issuer, LLC                                 | CUSIP: 92212KAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    180000 | PA      | $178598.21    | 0.22%             | 2045-09-15      | Fixed         | 1.65%                 | Yes           |                  2 | On Loan: No      |
| Velocity Commercial Capital Lo                 | Velocity Commercial Capital Loan Trust                           | CUSIP: 92259TAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     80469 | PA      | $69075.27     | 0.08%             | 2051-05-25      | Variable      | 1.40%                 | Yes           |                  2 | On Loan: No      |
| Verizon Communications Inc                     | Verizon Communications, Inc.                                     | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |      8650 | NS      | $374285.50    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS                         | Verizon Communications, Inc.                                     | CUSIP: 92343VGY4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    319000 | PA      | $310769.62    | 0.38%             | 2035-02-15      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| WSTN Trust                                     | WSTN Trust                                                       | CUSIP: 92943AAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    220000 | PA      | $223108.27    | 0.27%             | 2037-07-05      | Variable      | 6.52%                 | Yes           |                  2 | On Loan: No      |
| Walmart Inc                                    | Walmart, Inc.                                                    | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      6805 | NS      | $665392.90    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc                           | Waste Management, Inc.                                           | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |      2565 | NS      | $586923.30    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| WASTE MANAGEMENT INC                           | Waste Management, Inc.                                           | CUSIP: 94106LBP3<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    285000 | PA      | $243676.76    | 0.30%             | 2031-03-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                               | Wells Fargo & Co.                                                | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |      8120 | NS      | $650574.40    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & COMPANY                          | Wells Fargo & Co.                                                | CUSIP: 95000U2J1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    345000 | PA      | $316060.23    | 0.38%             | 2031-02-11      | Variable      | 2.57%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                 | Wells Fargo Commercial Mortgage Trust                            | CUSIP: 95003PAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    275000 | PA      | $276648.52    | 0.34%             | 2035-07-15      | Variable      | 5.48%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                 | Wells Fargo Commercial Mortgage Trust                            | CUSIP: 95004JAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    145000 | PA      | $153107.50    | 0.19%             | 2058-01-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Wingspire Equipment Finance LL                 | Wingspire Equipment Finance, LLC                                 | CUSIP: 97415AAB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    115000 | PA      | $115064.09    | 0.14%             | 2032-09-20      | Fixed         | 4.99%                 | Yes           |                  2 | On Loan: No      |
| XILINX INC                                     | Xilinx, Inc.                                                     | CUSIP: 983919AK7<br>LEI: 6EY4K7ZMF9UX1CU6KC79 | Long             | DBT              | CORP              | US        |    345000 | PA      | $316264.91    | 0.39%             | 2030-06-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                     | Zoetis, Inc.                                                     | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      2580 | NS      | $402351.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                      | Linde PLC                                                        | CUSIP: G54950103<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |      1260 | NS      | $591166.80    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| SharkNinja Inc                                 | SharkNinja, Inc.                                                 | CUSIP: G8068L108<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      2825 | NS      | $279646.75    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd                                      | Chubb, Ltd.                                                      | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |      1870 | NS      | $541776.40    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd                    | Royal Caribbean Cruises, Ltd.                                    | CUSIP: V7780T103<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | LR        |      1565 | NS      | $490064.10    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-18

**Name of Applicant:** Tributary Funds, Inc.

**Signature:** /s/ Karen Shaw

**Name of Signer:** Karen Shaw

**Title:** Treasurer