# EDGAR Filing Document

**Accession Number:** 0000889284
**File Stem:** 0000910472-26-008273
**Filing Date:** 2026-5
**Character Count:** 78609
**Document Hash:** d23839f49d609dbfc6cab1da540ca0b1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-008273.hdr.sgml**: 20260529

**ACCESSION NUMBER**: 0000910472-26-008273

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260529

**DATE AS OF CHANGE**: 20260529

**PERIOD START**: 20260930

**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:** 261039911

**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 MULTI-STRATEGY INCOME ETF (Series ID: S000097703)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000267177 | STERLING CAPITAL MULTI-STRATEGY INCOME ETF |  |

## 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 MULTI-STRATEGY INCOME ETF

- **b. EDGAR series identifier (if any):** S000097703

- **c. LEI of Series:** 5299001LHBNMOU9PNP39

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $169413385.60

**Total Liabilities:** $1135282.33

**Net Assets:** $168278103.27

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 315.35152676 | **1-Year:** 3913.10983435 | **5-Year:** 13943.52918847 | **10-Year:** 9797.75902292 | **30-Year:** 2989.12220580

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

- **3-Month:** 0.00000000 | **1-Year:** 4615.08526045 | **5-Year:** 15278.42074122 | **10-Year:** 4737.49456348 | **30-Year:** 2634.25727406

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000267177 | 0.56%                | 0.51%                | -1.09%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2957.94                | $34583.84                                  |
| Month 2  | $-7280.26                | $146314.40                                 |
| Month 3  | $-7023.73                | $-2588721.21                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| ADT Security Corp.                                                                               | ADT Security Corporation (The) 5.875%, Due 10/15/2033                               | CUSIP: 00109LAB9<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |   1619000 | PA      | $1567631.40   | 0.93%             | 2033-10-15      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| Apld Computeco LLC                                                                               | APLD ComputeCo, LLC 9.25%, Due 12/15/2030                                           | CUSIP: 00202DAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1213000 | PA      | $1250654.06   | 0.74%             | 2030-12-15      | Fixed         | 9.25%                 | Yes           | 2                  | On Loan: No      |
| AAdvantage Loyalty IP Ltd/ American Airlines Inc                                                 | American Airlines, Inc./AAdvantage Loyalty IP Ltd. 5.75%, Due 04/20/2029            | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1670967 | PA      | $1661797.40   | 0.99%             | 2029-04-20      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| Adient Global Holdings Ltd                                                                       | Adient Global Holdings Ltd. 7.5%, Due 02/15/2033                                    | CUSIP: 00687YAD7<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |   1562000 | PA      | $1578857.10   | 0.94%             | 2033-02-15      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| Aegon Funding Company LLC                                                                        | AEGON Funding Company, LLC                                                          | CUSIP: 00775V104<br>LEI: KEIOKM01PSK5VZ5CCI74 | Long             | EP               | CORP              | US        |     43000 | NS      | $814850.00    | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| AFFIRM MASTER TRUST                                                                              | Affirm Master Trust 4.99%, Due 02/15/2033                                           | CUSIP: 00833BAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    934000 | PA      | $939669.47    | 0.56%             | 2033-02-15      | Fixed         | 4.99%                 | Yes           | 2                  | On Loan: No      |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Albertsons Safeway LLC) | Albertsons Companies, Inc. / Safeway, Inc. / New Albertsons, L.P. / Albertsons, LLC | CUSIP: 01309QAB4<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |   1189000 | PA      | $1196459.79   | 0.71%             | 2033-03-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Alpha Generation LLC                                                                             | Alpha Generation, LLC 6.25%, Due 01/15/2034                                         | CUSIP: 02073LAC5<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |   1616000 | PA      | $1585994.92   | 0.94%             | 2034-01-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| American Axle & Manufacturing, Inc.                                                              | American Axle & Manufacturing, Inc. 5%, Due 10/01/2029                              | CUSIP: 02406PBB5<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |   1686000 | PA      | $1607705.36   | 0.96%             | 2029-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST 2026-1                                              | American Credit Acceptance Receivables Trust 2026-1                                 | CUSIP: 02531FAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $996753.80    | 0.59%             | 2033-01-12      | Fixed         | 4.55%                 | Yes           | 2                  | On Loan: No      |
| American National Group Inc.                                                                     | American National Group, Inc. 7%, Fixed Unitl 12/01/2030                            | CUSIP: 025676AR8<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |   1644000 | PA      | $1558989.75   | 0.93%             | 2055-12-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Amneal Pharmaceuticals Inc                                                                       | Amneal Pharmaceuticals, LLC 6.875%, Due 08/01/2032                                  | CUSIP: 03168LAA3<br>LEI: 549300VV176ZO5WQHZ61 | Long             | DBT              | CORP              | US        |   1541000 | PA      | $1587074.36   | 0.94%             | 2032-08-01      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| Anchorage Capital CLO 6 Ltd                                                                      | Anchorage Capital CLO 6 Ltd. Floating Rate, Due 07/22/2038                          | CUSIP: 03328QCC3<br>LEI: 54930064GO7DB3TVDY21 | Long             | ABS-CBDO         | CORP              | KY        |   1100000 | PA      | $1088072.70   | 0.65%             | 2038-07-22      | Floating      | 6.72%                 | Yes           | 2                  | On Loan: No      |
| Antero Midstream Partners LP / Antero Midstream Finance Corp                                     | Antero Midstream Partners, L.P. / Antero Midstream Finance Corporation              | CUSIP: 03690AAM8<br>LEI: 529900HFO1BDEIT4QU11 | Long             | DBT              | CORP              | US        |   1212000 | PA      | $1197859.60   | 0.71%             | 2033-10-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| Apollo Debt Solutions BDC                                                                        | Apollo Debt Solutions BDC 6.9%, Due 04/13/2029                                      | CUSIP: 03770DAB9<br>LEI: 549300UMUGX092P8DW87 | Long             | DBT              | CORP              | US        |   1188000 | PA      | $1215443.23   | 0.72%             | 2029-04-13      | Fixed         | 6.90%                 | No            | 2                  | On Loan: No      |
| Archrock Services LP / Archrock Partners Finance Corp.                                           | Archrock Services, L.P. / Archrock Partners Finance Corporation                     | CUSIP: 03958CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1235000 | PA      | $1224159.42   | 0.73%             | 2034-02-01      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Ares Capital Corp.                                                                               | Ares Capital Corporation 5.1%, Due 01/15/2031                                       | CUSIP: 04010LBL6<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    874000 | PA      | $840499.95    | 0.50%             | 2031-01-15      | Fixed         | 5.10%                 | No            | 2                  | On Loan: No      |
| Ascent Resources Utica Holdings LLC / ARU Finance Corp                                           | Ascent Resources Utica Holdings, LLC / ARU Finance Corporation                      | CUSIP: 04364VAX1<br>LEI: 549300EGLQ2M2CL7JZ89 | Long             | DBT              | CORP              | US        |   1180000 | PA      | $1196772.52   | 0.71%             | 2032-10-15      | Fixed         | 6.62%                 | Yes           | 2                  | On Loan: No      |
| Athene Holding Ltd                                                                               | Athene Holding Ltd.                                                                 | CUSIP: 04686J861<br>LEI: 549300H316CT32FQXI76 | Long             | EP               | CORP              | US        |     33000 | NS      | $779790.00    | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| BMO 2023-5C1 MORTGAGE TRUST                                                                      | BMO 2023-5C1 Mortgage Trust Floating Rate, Due 08/15/2056                           | CUSIP: 055986AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1293321.88   | 0.77%             | 2056-08-15      | Variable      | 6.53%                 | No            | 2                  | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX Commercial Mortgage Trust 2019-IMC Floating Rate, Due 04/15/2034                 | CUSIP: 05608BAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1059704 | PA      | $1054405.23   | 0.63%             | 2034-04-15      | Floating      | 4.72%                 | Yes           | 2                  | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX Trust 2021-BXMF Floating Rate, Due 10/15/2026                                    | CUSIP: 05609RAL8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    107434 | PA      | $107299.57    | 0.06%             | 2026-10-15      | Floating      | 5.62%                 | Yes           | 2                  | On Loan: No      |
| BPR TST                                                                                          | BPR Trust 2023-BRK2 Floating Rate, Due 10/05/2038                                   | CUSIP: 05610WAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    260000 | PA      | $265963.33    | 0.16%             | 2038-10-05      | Variable      | 6.90%                 | Yes           | 2                  | On Loan: No      |
| BX TRUST 2024-VLT4                                                                               | BX Trust 2024-VLT4 Floating Rate, Due 06/15/2041                                    | CUSIP: 05612TAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    275000 | PA      | $272851.56    | 0.16%             | 2041-06-15      | Floating      | 5.81%                 | Yes           | 2                  | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2026-VLT9                                                           | BX Commercial Mortgage Trust 2026-VLT9 Floating Rate, Due 03/15/2045                | CUSIP: 05618UAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $995159.60    | 0.59%             | 2045-03-15      | Floating      | 5.37%                 | Yes           | 2                  | On Loan: No      |
| BANK 2022-BNK43                                                                                  | BANK 2022-BNK43 Floating Rate, Due 08/15/2055                                       | CUSIP: 06541QBK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $481651.60    | 0.29%             | 2055-08-15      | Variable      | 5.15%                 | No            | 2                  | On Loan: No      |
| Bank 2017 - Bnk7                                                                                 | BANK 2017-BNK7 3.748%, Due 09/15/2060                                               | CUSIP: 06541XAJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    975000 | PA      | $944152.46    | 0.56%             | 2060-09-15      | Variable      | 3.75%                 | No            | 2                  | On Loan: No      |
| BANK5 2024-5YR6                                                                                  | BANK5 Trust 2024-5YR6 Floating Rate, Due 05/15/2057                                 | CUSIP: 066043AG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    224000 | PA      | $234585.14    | 0.14%             | 2057-05-15      | Variable      | 6.79%                 | No            | 2                  | On Loan: No      |
| BANK5 2024-5YR9                                                                                  | BANK5 2024-5YR9 Floating Rate, Due 08/15/2057                                       | CUSIP: 06644VBM1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $516538.40    | 0.31%             | 2057-08-15      | Variable      | 6.18%                 | No            | 2                  | On Loan: No      |
| Benchmark 2020-B16 Mortgage Trust                                                                | Benchmark 2018-B2 Mortgage Trust Floating Rate, Due 02/15/2051                      | CUSIP: 08161CAJ0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $962558.70    | 0.57%             | 2051-02-15      | Variable      | 4.08%                 | No            | 2                  | On Loan: No      |
| Benchmark 2020-B16 Mortgage Trust                                                                | Benchmark 2018-B1 Mortgage Trust Floating Rate, Due 01/15/2051                      | CUSIP: 08162PAZ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $969319.40    | 0.58%             | 2051-01-15      | Variable      | 3.88%                 | No            | 2                  | On Loan: No      |
| BENCHMARK 2023-V2 MORTGAGE TRUST                                                                 | Benchmark 2023-V2 Mortgage Trust Floating Rate, Due 05/15/2055                      | CUSIP: 08163TAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $514408.70    | 0.31%             | 2055-05-15      | Variable      | 6.54%                 | No            | 2                  | On Loan: No      |
| BENCHMARK 2024-V6 MORTGAGE TRUST                                                                 | Benchmark 2024-V6 Mortgage Trust 6.38427%, Due 03/15/2057                           | CUSIP: 081927AE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    140000 | PA      | $144762.32    | 0.09%             | 2057-03-15      | Variable      | 6.38%                 | No            | 2                  | On Loan: No      |
| Biomarin Pharmaceutical Inc.                                                                     | BioMarin Pharmaceutical, Inc. 5.5%, Due 02/15/2034                                  | CUSIP: 09061GAL5<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1572460.27   | 0.93%             | 2034-02-15      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| Black Pearl Compute LLC                                                                          | Black Pearl Compute, LLC 6.125%, Due 02/15/2031                                     | CUSIP: 09216NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    688000 | PA      | $700269.70    | 0.42%             | 2031-02-15      | Fixed         | 6.12%                 | Yes           | 2                  | On Loan: No      |
| Bombardier Inc.                                                                                  | Bombardier, Inc. 6.75%, Due 06/15/2033                                              | CUSIP: 097751CD1<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   1600000 | PA      | $1652422.40   | 0.98%             | 2033-06-15      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Bridgecrest Lending Auto Securitization Trust 2025-2                                             | Bridgecrest Lending Auto Securitization Trust 2025-2                                | CUSIP: 10807HAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $703686.83    | 0.42%             | 2031-03-17      | Fixed         | 5.17%                 | No            | 2                  | On Loan: No      |
| CCO Holdings, LLC/ CCO Holdings Capital Corp.                                                    | CCO Holdings, LLC / CCO Holdings Capital Corporation                                | CUSIP: 1248EPCT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1594000 | PA      | $1618993.68   | 0.96%             | 2031-03-03      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| CD 2017 Cd3 Mortgage Trust                                                                       | CD 2017-CD3 Mortgage Trust 3.631%, Due 02/10/2050                                   | CUSIP: 12515GAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1956688.40   | 1.16%             | 2050-02-10      | Fixed         | 3.63%                 | No            | 2                  | On Loan: No      |
| CSAIL 2017-Cx10 Commercial Mortgage Trust                                                        | CSAIL 2018-CX12 Commercial Mortgage Trust Floating Rate, Due 08/15/2051             | CUSIP: 12595XAX1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    122000 | PA      | $119957.09    | 0.07%             | 2051-08-15      | Variable      | 4.46%                 | No            | 2                  | On Loan: No      |
| CACI International Inc.                                                                          | CACI International, Inc. 6.375%, Due 06/15/2033                                     | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |   1131000 | PA      | $1150919.45   | 0.68%             | 2033-06-15      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| Carlyle Us Clo 2018-2 LLC                                                                        | CARLYLE US CLO 2021-1 LTD Floating Rate, Due 01/15/2040                             | CUSIP: 14316MAQ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    975000 | PA      | $973755.90    | 0.58%             | 2040-01-15      | Variable      | 5.67%                 | Yes           | 2                  | On Loan: No      |
| CARMAX SELECT RECIEVABLES TRUST 202                                                              | CarMax Select Receivables Trust 2025-A 4.77%, Due 09/17/2029                        | CUSIP: 14319UAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    155000 | PA      | $156021.68    | 0.09%             | 2029-09-17      | Fixed         | 4.77%                 | No            | 2                  | On Loan: No      |
| Cipher Compute LLC                                                                               | Cipher Compute, LLC 7.125%, Due 11/15/2030                                          | CUSIP: 17253NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1199000 | PA      | $1242140.27   | 0.74%             | 2030-11-15      | Fixed         | 7.12%                 | Yes           | 2                  | On Loan: No      |
| Citigroup Inc.                                                                                   | Citigroup, Inc. 6.625% Fixed Until 02/15/2031                                       | CUSIP: 172967QJ3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1632000 | PA      | $1629825.69   | 0.97%             | N/A             | Fixed         | 6.62%                 | No            | 2                  | On Loan: No      |
| Cleveland-Cliffs Inc                                                                             | Cleveland-Cliffs, Inc. 7.375%, Due 05/01/2033                                       | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   1177000 | PA      | $1150751.75   | 0.68%             | 2033-05-01      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| COMM 2025-SBX Mortgage Trust                                                                     | COMM 2025-SBX Mortgage Trust Floating Rate, Due 08/10/2041                          | CUSIP: 20047UAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $998315.00    | 0.59%             | 2041-08-10      | Variable      | 5.26%                 | Yes           | 2                  | On Loan: No      |
| Commercial Metals Company                                                                        | Commercial Metals Company 5.75%, Due 11/15/2033                                     | CUSIP: 201723AS2<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |   1622000 | PA      | $1604697.96   | 0.95%             | 2033-11-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| Corebridge Financial Inc.                                                                        | Corebridge Financial, Inc. 6.875%, Fixed unitl 12/01/2030                           | CUSIP: 21871XAU3<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |   1597000 | PA      | $1626908.62   | 0.97%             | N/A             | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| Energy Transfer LP                                                                               | Energy Transfer, L.P. 8%, Fixed until 5/15/2029                                     | CUSIP: 29273VAX8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    802000 | PA      | $840230.54    | 0.50%             | 2054-05-15      | Fixed         | 8.00%                 | No            | 2                  | On Loan: No      |
| Exeter Automobile Receivables Trust 2013-2                                                       | Exeter Automobile Receivables Trust 2024-5 5.06%, Due 02/18/2031                    | CUSIP: 30165BAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    225000 | PA      | $225025.18    | 0.13%             | 2031-02-18      | Fixed         | 5.06%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | Freddie Mac Pool Pool # SD3814                                                      | CUSIP: 3132E0GX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    248015 | PA      | $245645.67    | 0.15%             | 2053-08-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | Fannie Mae Pool Pool # FA0479                                                       | CUSIP: 3140W0Q99<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    236245 | PA      | $239511.86    | 0.14%             | 2055-01-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | Fannie Mae Pool Pool # FA3757                                                       | CUSIP: 3140W4E78<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1768523 | PA      | $1786207.51   | 1.06%             | 2055-11-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | Fannie Mae Pool Pool # FA4196                                                       | CUSIP: 3140W4UW5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2121642 | PA      | $2123053.58   | 1.26%             | 2045-03-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | Fannie Mae Pool Pool # FS5427                                                       | CUSIP: 3140XMA55<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    223237 | PA      | $224994.54    | 0.13%             | 2053-08-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | Fannie Mae Pool Pool # FS8007                                                       | CUSIP: 3140XP3R8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2514223 | PA      | $2547796.95   | 1.51%             | 2054-06-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | Fannie Mae Pool Pool # MA5920                                                       | CUSIP: 31418FSJ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    242792 | PA      | $241471.14    | 0.14%             | 2045-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | Fannie Mae Pool Pool # MA5921                                                       | CUSIP: 31418FSK4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2087563 | PA      | $2110380.31   | 1.25%             | 2045-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Money Market Obligations Trust                                                                   | FEDERATED HERMES TREASURY OBLIGATIONS FUND                                          | CUSIP: 31423R500<br>LEI: 25490005VWJDWX717014 | Long             | STIV             | RF                | US        |   1591772 | PA      | $1591772.39   | 0.95%             |  |  |  | No            | 1                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | Freddie Mac Pool Pool # SL0808                                                      | CUSIP: 31427M3S8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2735776 | PA      | $2799846.45   | 1.66%             | 2055-04-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | Freddie Mac Pool Pool # SL0425                                                      | CUSIP: 31427MPK1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    229317 | PA      | $238297.36    | 0.14%             | 2055-02-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| First National Master Note Trust                                                                 | First National Master Note Trust 5.13%, Due 04/15/2029                              | CUSIP: 32113CBV1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    496000 | PA      | $496162.09    | 0.29%             | 2029-04-15      | Fixed         | 5.13%                 | No            | 2                  | On Loan: No      |
| FORTRESS CREDIT BSL XXVI LTD                                                                     | Fortress Credit BSL XXVI Ltd. Floating Rate, Due 01/15/2038                         | CUSIP: 34966VAE2<br>LEI: 254900DPXY8BVCQBIY30 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1501555.50   | 0.89%             | 2038-01-15      | Floating      | 5.57%                 | Yes           | 2                  | On Loan: No      |
| GLS AUTO SELECT RECEIVABLES TRUST 2025-3                                                         | GLS Auto Select Receivables Trust 2025-3 4.81%, Due 09/15/2031                      | CUSIP: 36272GAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    545000 | PA      | $545497.48    | 0.32%             | 2031-09-15      | Fixed         | 4.81%                 | Yes           | 2                  | On Loan: No      |
| Genesis Energy LP & Genesis Energy Finance Corp.                                                 | Genesis Energy, L.P. / Genesis Energy Finance Corporation                           | CUSIP: 37185LAS1<br>LEI: 549300VJ5D6MDK138782 | Long             | DBT              | CORP              | US        |   1251000 | PA      | $1245135.85   | 0.74%             | 2034-03-15      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| Global Atlantic Finance Co.                                                                      | Global Atlantic Fin Company 7.95%, Fixed until 10/15/2029                           | CUSIP: 37959GAG2<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |   1734000 | PA      | $1669633.40   | 0.99%             | 2054-10-15      | Fixed         | 7.95%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                                                         | Government National Mortgage Association 5%, Due 08/20/2036                         | CUSIP: 38381UEX6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   2398478 | PA      | $2416989.06   | 1.44%             | 2036-08-20      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| HONO MORTGAGE TRUST 2021-LULU                                                                    | HONO 2021-LULU Mortgage Trust Floating Rate, Due 10/15/2036                         | CUSIP: 40390MAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $989375.00    | 0.59%             | 2036-10-15      | Floating      | 4.94%                 | Yes           | 2                  | On Loan: No      |
| Harbor Park CLO Ltd.                                                                             | Harbor Park CLO Ltd. Floating Rate, Due 01/20/2031                                  | CUSIP: 41154XBA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $249005.75    | 0.15%             | 2031-01-20      | Variable      | 5.32%                 | Yes           | N/A                | On Loan: No      |
| Herc Holdings Inc                                                                                | Herc Holdings, Inc. 7.25%, Due 06/15/2033                                           | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |   1588000 | PA      | $1626515.35   | 0.97%             | 2033-06-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| Hertz Vehicle Financing LLC                                                                      | Hertz Vehicle Financing III, LLC 5.48%, Due 01/27/2031                              | CUSIP: 42806MCL1<br>LEI: 5493004IHDYOZ9K9WF47 | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $713530.65    | 0.42%             | 2031-01-27      | Fixed         | 5.48%                 | Yes           | 2                  | On Loan: No      |
| Hertz Vehicle Financing LLC                                                                      | Hertz Vehicle Financing III, LLC 4.89%, Due 05/25/2032                              | CUSIP: 42806MDQ9<br>LEI: 5493004IHDYOZ9K9WF47 | Long             | ABS-O            | CORP              | US        |   1200000 | PA      | $1199217.72   | 0.71%             | 2032-05-25      | Fixed         | 4.89%                 | Yes           | 2                  | On Loan: No      |
| HILTON GRAND VACATIONS TRUST 2025-3EXT                                                           | Hilton Grand Vacations Trust 2025-3EXT 4.56%, Due 10/25/2044                        | CUSIP: 43283DAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1124668 | PA      | $1115081.04   | 0.66%             | 2044-10-25      | Fixed         | 4.56%                 | Yes           | 2                  | On Loan: No      |
| HOTWIRE FUNDING LLC                                                                              | Hotwire Funding, LLC 5.687%, Due 05/20/2053                                         | CUSIP: 44148HAA1<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |   1290000 | PA      | $1297704.40   | 0.77%             | 2053-05-20      | Fixed         | 5.69%                 | Yes           | 2                  | On Loan: No      |
| Iron Mountain Information Management Servces Inc                                                 | Iron Mountain Information Management Services, Inc.                                 | CUSIP: 46285MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1717000 | PA      | $1620498.25   | 0.96%             | 2032-07-15      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| JPMCC Commercial Mortgage Securities Trust 2015-Jp1                                              | JPMCC Commercial Mortgage Securities Trust 2017-JP5                                 | CUSIP: 46647TAX6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $487439.35    | 0.29%             | 2050-03-15      | Variable      | 3.88%                 | No            | 2                  | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                                         | Jane Street Group / JSG Finance, Inc. 6.75%, Due 05/01/2033                         | CUSIP: 47077WAE8<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |   1512000 | PA      | $1534918.90   | 0.91%             | 2033-05-01      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| KNDR TRUST 2021-KIND                                                                             | KIND Trust 2021-KIND Floating Rate, Due 08/15/2038                                  | CUSIP: 482606AJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    595113 | PA      | $590649.51    | 0.35%             | 2038-08-15      | Floating      | 5.14%                 | Yes           | 2                  | On Loan: No      |
| Bath & Body Works Inc                                                                            | Bath & Body Works, Inc. 6.875%, Due 11/01/2035                                      | CUSIP: 501797AL8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |   1204000 | PA      | $1177653.83   | 0.70%             | 2035-11-01      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| Macys Retail Holdings LLC                                                                        | Macy's Retail Holdings, LLC 6.125%, Due 03/15/2032                                  | CUSIP: 55617LAR3<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |   1201000 | PA      | $1179579.56   | 0.70%             | 2032-03-15      | Fixed         | 6.12%                 | Yes           | 2                  | On Loan: No      |
| Madison Park Funding XXXXVII LLC                                                                 | Madison Park Funding XXXVII Ltd. Floating Rate, Due 04/15/2037                      | CUSIP: 55817EBA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $249763.00    | 0.15%             | 2037-04-15      | Floating      | 6.27%                 | Yes           | N/A                | On Loan: No      |
| Madison Park Funding XLV Ltd/Llc                                                                 | Madison Park Funding XLV Ltd. Floating Rate, Due 07/15/2034                         | CUSIP: 55820BAU1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $999089.00    | 0.59%             | 2034-07-15      | Floating      | 5.32%                 | Yes           | 2                  | On Loan: No      |
| MADISON PARK FUNDING                                                                             | Madison Park Funding XLVII Ltd. Floating Rate, Due 04/19/2037                       | CUSIP: 55820FAQ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    990000 | PA      | $989051.58    | 0.59%             | 2037-04-19      | Variable      | 6.07%                 | Yes           | 2                  | On Loan: No      |
| MORGAN STANLEY CAPTAL 24-BPR2                                                                    | Morgan Stanley Capital I, Inc. 7.291%, Due 05/05/2029                               | CUSIP: 61776EAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    959369 | PA      | $1002126.16   | 0.60%             | 2029-05-05      | Fixed         | 7.29%                 | Yes           | 2                  | On Loan: No      |
| NCL Corporation Ltd.                                                                             | NCL Corporation Ltd. 6.25%, Due 03/01/2030                                          | CUSIP: 62886HBP5<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   1192000 | PA      | $1183914.31   | 0.70%             | 2030-03-01      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Neuberger Berman Loan Advisers CLO 26, Ltd.                                                      | Neuberger Berman Loan Advisers CLO 26 Ltd. Floating Rate, Due 10/18/2038            | CUSIP: 64131QAS9<br>LEI: 549300P0MOXZPIM3AS61 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $249991.75    | 0.15%             | 2038-10-18      | Floating      | 5.67%                 | Yes           | N/A                | On Loan: No      |
| Neuberger Berman Loan Advisers Clo 38 Ltd/llc                                                    | Neuberger Berman Loan Advisers CLO 38 Ltd. Floating Rate, Due 10/20/2036            | CUSIP: 64133RAY2<br>LEI: 549300SM4FYZ8US63U33 | Long             | ABS-CBDO         | CORP              | KY        |    700000 | PA      | $699417.60    | 0.42%             | 2036-10-20      | Variable      | 5.55%                 | Yes           | 2                  | On Loan: No      |
| Neuberger Berman Loan Advisers CLO 45 Ltd.                                                       | Neuberger Berman Loan Advisers CLO 45 Ltd. Floating Rate, Due 10/14/2036            | CUSIP: 64134MAN6<br>LEI: 549300BQ0WQMX5H5TS32 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1500117.00   | 0.89%             | 2036-10-14      | Floating      | 5.62%                 | Yes           | 2                  | On Loan: No      |
| New Home Company Inc                                                                             | New Home Company, Inc. (The) 9.25%, Due 10/01/2029                                  | CUSIP: 645370AF4<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |   1552000 | PA      | $1565673.12   | 0.93%             | 2029-10-01      | Fixed         | 9.25%                 | Yes           | 2                  | On Loan: No      |
| Newell Brands Inc.                                                                               | Newell Brands, Inc. 8.5%, Due 06/01/2028                                            | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |   1173000 | PA      | $1210457.41   | 0.72%             | 2028-06-01      | Fixed         | 8.50%                 | Yes           | 2                  | On Loan: No      |
| Oak-Eagle AcquireCo Inc.                                                                         | OAK-Eagle Acquireco, Inc. 7.25%, Due 07/01/2033                                     | CUSIP: 67124CAA1<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |    500000 | PA      | $518713.35    | 0.31%             | 2033-07-01      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| OAKTREE CLO 2019-2 LTD                                                                           | Oaktree CLO 2023-2 Ltd. Floating Rate, Due 07/20/2038                               | CUSIP: 67401QAU0<br>LEI: 254900E6646RC82IR359 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $248405.25    | 0.15%             | 2038-07-20      | Floating      | 6.72%                 | Yes           | 2                  | On Loan: No      |
| OCP CLO 2025-40 LTD                                                                              | OCP CLO 2025-40 Ltd. Floating Rate, Due 04/16/2038                                  | CUSIP: 67570FAE5<br>LEI: 213800QIHA4XNVT4QI66 | Long             | ABS-CBDO         | CORP              | JE        |   1500000 | PA      | $1494253.50   | 0.89%             | 2038-04-16      | Floating      | 5.37%                 | Yes           | 2                  | On Loan: No      |
| Constellation Insurance Inc.                                                                     | Constellation Insurance, Inc. 5.55%, Due 01/24/2030                                 | CUSIP: 67740QAH9<br>LEI: 549300K609B872PZT291 | Long             | DBT              | CORP              | US        |   1140000 | PA      | $1141822.48   | 0.68%             | 2030-01-24      | Fixed         | 6.80%                 | Yes           | 2                  | On Loan: No      |
| OneMain Financial Corporation                                                                    | OneMain Finance Corporation 7.875%, Due 03/15/2030                                  | CUSIP: 682691AE0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   1625000 | PA      | $1674271.63   | 0.99%             | 2030-03-15      | Fixed         | 7.88%                 | No            | 2                  | On Loan: No      |
| Onemain Financial Issuance Trust 2014-2                                                          | OneMain Financial Issuance Trust 2021-1 1.55%, Due 06/16/2036                       | CUSIP: 68269MAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    517000 | PA      | $505228.63    | 0.30%             | 2036-06-16      | Fixed         | 1.55%                 | Yes           | 2                  | On Loan: No      |
| Onemain Financial Issuance Trust 2014-2                                                          | OneMain Financial Issuance Trust 2021-1 Floating Rate, Due 06/16/2036               | CUSIP: 68269MAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $700217.77    | 0.42%             | 2036-06-16      | Floating      | 4.43%                 | Yes           | 2                  | On Loan: No      |
| Organon & Co                                                                                     | Organon & Company / Organon Foreign Debt Co-Issuer 5.125%, Due 04/30/2031           | CUSIP: 68622TAB7<br>LEI: 549300AMCKY57OK2CO56 | Long             | DBT              | CORP              | US        |   1812000 | PA      | $1474769.22   | 0.88%             | 2031-04-30      | Fixed         | 5.12%                 | Yes           | 2                  | On Loan: No      |
| PBF Holding Company LLC and PBF Finance Corp.                                                    | PBF Holding Company, LLC / PBF Finance Corporation 9.875%, Due 03/15/2030           | CUSIP: 69318FAM0<br>LEI: 549300TILVIIV9FLL461 | Long             | DBT              | CORP              | US        |    782000 | PA      | $838044.38    | 0.50%             | 2030-03-15      | Fixed         | 9.88%                 | Yes           | 2                  | On Loan: No      |
| PFS Financing Corp                                                                               | PFS Financing Corporation 5.71%, Due 05/15/2028                                     | CUSIP: 69335PEW1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100152.28    | 0.06%             | 2028-05-15      | Fixed         | 5.71%                 | Yes           | N/A                | On Loan: No      |
| PFS Financing Corp                                                                               | PFS Financing Corporation Floating Rate, Due 04/15/2028                             | CUSIP: 69335PFH3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $750090.68    | 0.45%             | 2028-04-15      | Floating      | 4.87%                 | Yes           | 2                  | On Loan: No      |
| PFS Financing Corp                                                                               | PFS Financing Corporation 5.59%, Due 04/15/2029                                     | CUSIP: 69335PFK6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    749000 | PA      | $757654.77    | 0.45%             | 2029-04-15      | Fixed         | 5.59%                 | Yes           | 2                  | On Loan: No      |
| PFS Financing Corp                                                                               | PFS Financing Corporation Floating Rate, Due 02/15/2030                             | CUSIP: 69335PGG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $999996.30    | 0.59%             | 2030-02-15      | Floating      | 4.62%                 | Yes           | N/A                | On Loan: No      |
| Palmer Square Clo 2020-2 Ltd / Palmer Square Clo 2020-3 Llc                                      | Palmer Square CLO 2020-3 Ltd. Floating Rate, Due 11/15/2036                         | CUSIP: 69701RBN6<br>LEI: 549300IUW4WDDDVSMS20 | Long             | ABS-CBDO         | CORP              | JE        |   2000000 | PA      | $1998518.00   | 1.19%             | 2036-11-15      | Floating      | 5.60%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square Clo 2021-4 Ltd / Llc                                                               | Palmer Square CLO 2021-4 Ltd. Floating Rate, Due 07/15/2038                         | CUSIP: 69702EAN5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1747819.50   | 1.04%             | 2038-07-15      | Floating      | 5.27%                 | Yes           | 2                  | On Loan: No      |
| Truist Insurance Holdings LLC & Panther Co-Issuer Inc.                                           | Panther Escrow Issuer, LLC 7.125%, Due 06/01/2031                                   | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1637000 | PA      | $1642262.77   | 0.98%             | 2031-06-01      | Fixed         | 7.12%                 | Yes           | 2                  | On Loan: No      |
| Pennymac Financial Services Inc                                                                  | PennyMac Financial Services, Inc. 5.75%, Due 09/15/2031                             | CUSIP: 70932MAC1<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |   1680000 | PA      | $1553220.14   | 0.92%             | 2031-09-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| Permian Resources Operating, LLC                                                                 | Permian Resources Operating, LLC 7%, Due 01/15/2032                                 | CUSIP: 71424VAA8<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |    903000 | PA      | $935535.99    | 0.56%             | 2032-01-15      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| Phinia Inc.                                                                                      | Phinia, Inc. 6.625%, Due 10/15/2032                                                 | CUSIP: 71880KAB7<br>LEI: 254900HG6MORZE1FFM18 | Long             | DBT              | CORP              | US        |   1178000 | PA      | $1196320.26   | 0.71%             | 2032-10-15      | Fixed         | 6.62%                 | Yes           | 2                  | On Loan: No      |
| Pikes Peak Clo 6 Ltd.                                                                            | Pikes Peak CLO 6 Floating Rate, Due 05/18/2034                                      | CUSIP: 72132YBC8<br>LEI: 635400BKNXKWEO3G2J74 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1497444.00   | 0.89%             | 2034-05-18      | Variable      | 5.26%                 | Yes           | N/A                | On Loan: No      |
| Prime Healthcare Services Inc                                                                    | Prime Healthcare Services, Inc. 9.375%, Due 09/01/2029                              | CUSIP: 74165HAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1352000 | PA      | $1402307.92   | 0.83%             | 2029-09-01      | Fixed         | 9.38%                 | Yes           | 2                  | On Loan: No      |
| PROGRESS RESIDENTIAL 2024-SFR3                                                                   | Progress Residential 2024-SFR3 Trust 3%, Due 06/17/2041                             | CUSIP: 74331VAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    791439 | PA      | $749399.10    | 0.45%             | 2041-06-17      | Fixed         | 3.00%                 | Yes           | 2                  | On Loan: No      |
| QTS ISSUER ABS II, LLC                                                                           | QTS Issuer A.B.S II, LLC 6.729%, Due 01/05/2056                                     | CUSIP: 74690FAS5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1484632.65   | 0.88%             | 2056-01-05      | Fixed         | 6.73%                 | Yes           | 2                  | On Loan: No      |
| Quikrete Holdings Inc                                                                            | Quikrete Holdings, Inc. 6.375%, Due 03/01/2032                                      | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |   1170000 | PA      | $1185805.53   | 0.70%             | 2032-03-01      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| ROCK TR 2024-CNTR                                                                                | ROCK Trust 2024-CNTR 7.10914%, Due 11/13/2041                                       | CUSIP: 74970WAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $519569.25    | 0.31%             | 2041-11-13      | Fixed         | 7.11%                 | Yes           | 2                  | On Loan: No      |
| RR LTD 2021-16                                                                                   | RR 16 Ltd. Floating Rate, Due 07/15/2036                                            | CUSIP: 74971CAN3<br>LEI: 549300FLUOZC8QYYKL96 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $249902.50    | 0.15%             | 2036-07-15      | Floating      | 5.47%                 | Yes           | N/A                | On Loan: No      |
| Recette Clo Ltd                                                                                  | Recette Clo Ltd. Floating Rate, Due 04/20/2034                                      | CUSIP: 75620TBM9<br>LEI: 549300392I5L5XOJ0016 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $994848.00    | 0.59%             | 2034-04-20      | Floating      | 5.47%                 | Yes           | 2                  | On Loan: No      |
| Reinsurance Group of America, Incorporated                                                       | Reinsurance Group of America, Inc. 6.375%, Fixed Until 09/15/2036                   | CUSIP: 759351AV1<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |    768000 | PA      | $741663.82    | 0.44%             | 2056-09-15      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| Retained Vantage Data Centers Issuer LLC / Vantage Data Centers Cda Qc4 Ltd.                     | Retained Vantage Data Centers Issuer, LLC 4.992%, Due 09/15/2049                    | CUSIP: 76134KAH7<br>LEI: 254900N4NW6XZ9B4HM15 | Long             | ABS-O            | CORP              | US        |   1975000 | PA      | $1920138.65   | 1.14%             | 2049-09-15      | Fixed         | 4.99%                 | Yes           | 2                  | On Loan: No      |
| SBL Holdings Inc.                                                                                | SBL Holdings, Inc. 6.5%, Fixed Unitl 11/13/2026                                     | CUSIP: 78397DAC2<br>LEI: 635400MJW3QDSBJRKQ59 | Long             | DBT              | CORP              | US        |   1922000 | PA      | $1587381.91   | 0.94%             | N/A             | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Swch Commercial Mortgage Trust 2025-Data                                                         | SWCH Commercial Mortgage Trust 2025-DATA Floating Rate, Due 02/15/2042              | CUSIP: 78489CAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $987500.00    | 0.59%             | 2042-02-15      | Floating      | 5.12%                 | Yes           | 2                  | On Loan: No      |
| SANDSTONE PEAK II LTD/LLC                                                                        | Sandstone Peak II Ltd. Floating Rate, Due 07/20/2038                                | CUSIP: 80013TAQ6<br>LEI: 254900ZRRTOYR8JJD593 | Long             | ABS-CBDO         | CORP              | KY        |   1510000 | PA      | $1508275.58   | 0.90%             | 2038-07-20      | Floating      | 5.42%                 | Yes           | 2                  | On Loan: No      |
| Santander Drive Auto Receivables Trust 2013-A                                                    | Santander Drive Auto Receivables Trust 2023-5 6.16%, Due 12/17/2029                 | CUSIP: 80286PAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    415000 | PA      | $418821.90    | 0.25%             | 2029-12-17      | Fixed         | 6.16%                 | No            | 2                  | On Loan: No      |
| SANTANDER DR AUTO 2024-3                                                                         | Santander Drive Auto Receivables Trust 2024-3 5.97%, Due 10/15/2031                 | CUSIP: 80287LAF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    470000 | PA      | $481149.06    | 0.29%             | 2031-10-15      | Fixed         | 5.97%                 | No            | 2                  | On Loan: No      |
| SCULPTOR CLO 2021-26 LTD                                                                         | Sculptor CLO XXVI Ltd. Floating Rate, Due 01/20/2038                                | CUSIP: 81124TAQ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000694.00   | 0.59%             | 2038-01-20      | Floating      | 5.52%                 | Yes           | 2                  | On Loan: No      |
| SIERRA TIMESHARE 2024-1 RECEIVABLES                                                              | Sierra Timeshare 2024-1 Receivables Funding, LLC 5.15%, Due 01/20/2043              | CUSIP: 826935AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     97648 | PA      | $98332.94     | 0.06%             | 2043-01-20      | Fixed         | 5.15%                 | Yes           | 2                  | On Loan: No      |
| SMB PRIVATE EDU LN TR 2024-A                                                                     | SMB Private Education Loan Trust 2024-A 5.24%, Due 03/15/2056                       | CUSIP: 831943AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1854888 | PA      | $1870498.19   | 1.11%             | 2056-03-15      | Fixed         | 5.24%                 | Yes           | 2                  | On Loan: No      |
| SMB PRIVATE EDU LN TR 2024-C                                                                     | SMB Private Education Loan Trust 2024-C 5.5%, Due 06/17/2052                        | CUSIP: 83206EAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    369213 | PA      | $376318.71    | 0.22%             | 2052-06-17      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| Sofi Consumer Ln Program 2016-5 Llc                                                              | SoFi Consumer Loan Program 2025-1 Trust 5.12%, Due 02/27/2034                       | CUSIP: 83406YAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $252216.58    | 0.15%             | 2034-02-27      | Fixed         | 5.12%                 | Yes           | N/A                | On Loan: No      |
| Stack Infrastructure Issuer Llc                                                                  | Stack Infrastructure Issuer, LLC 5.9%, Due 07/25/2048                               | CUSIP: 85236KAH5<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-O            | CORP              | US        |    385000 | PA      | $385876.80    | 0.23%             | 2048-07-25      | Fixed         | 5.90%                 | Yes           | 2                  | On Loan: No      |
| Stack Infrastructure Issuer Llc                                                                  | Stack Infrastructure Issuer, LLC 5%, Due 05/25/2050                                 | CUSIP: 85236KAP7<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-O            | CORP              | US        |   1850000 | PA      | $1822770.96   | 1.08%             | 2050-05-25      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| SREIT COMMERCIAL MORTGAGE TRUST 202                                                              | SREIT Trust 2021-MFP2 Floating Rate, Due 11/15/2036                                 | CUSIP: 85236WCJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $99937.50     | 0.06%             | 2036-11-15      | Floating      | 5.16%                 | Yes           | 2                  | On Loan: No      |
| Star Parent Inc.                                                                                 | Star Parent, Inc. 9%, Due 10/01/2030                                                | CUSIP: 855170AA4<br>LEI: 254900GRGCJYRMDRWT73 | Long             | DBT              | CORP              | US        |   1611000 | PA      | $1675444.83   | 1.00%             | 2030-10-01      | Fixed         | 9.00%                 | Yes           | 2                  | On Loan: No      |
| Starwood Property Trust, Inc.                                                                    | Starwood Property Trust, Inc. 6.5%, Due 10/15/2030                                  | CUSIP: 85571BBE4<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |   1437000 | PA      | $1456557.57   | 0.87%             | 2030-10-15      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Stonebriar ABF Issuer LLC                                                                        | Stonebriar A.B.F Issuer, LLC 8.125%, Due 12/15/2030                                 | CUSIP: 86177CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1595000 | PA      | $1647579.18   | 0.98%             | 2030-12-15      | Fixed         | 8.12%                 | Yes           | 2                  | On Loan: No      |
| Stonepeak Nile Parent LLC                                                                        | Stonepeak Nile Parent, LLC 7.25%, Due 03/15/2032                                    | CUSIP: 861932AA9<br>LEI: 254900TJV3VAFZD0GU41 | Long             | DBT              | CORP              | US        |   1152000 | PA      | $1198188.29   | 0.71%             | 2032-03-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| Sunoco LP                                                                                        | Sunoco, L.P. 7.875%, Fixed until 9/18/2030                                          | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   1185000 | PA      | $1209425.22   | 0.72%             | N/A             | Fixed         | 7.88%                 | Yes           | 2                  | On Loan: No      |
| Terex Corporation                                                                                | Terex Corporation 6.25%, Due 10/15/2032                                             | CUSIP: 880779BB8<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | DBT              | CORP              | US        |   1189000 | PA      | $1193292.29   | 0.71%             | 2032-10-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| TransDigm, Inc.                                                                                  | TransDigm, Inc. 6%, Due 01/15/2033                                                  | CUSIP: 893647BW6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1192000 | PA      | $1191820.84   | 0.71%             | 2033-01-15      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| TRICON RES TR 2024-SFR1                                                                          | Tricon Residential 2024-SFR1 Trust 4.65%, Due 04/17/2041                            | CUSIP: 89616UAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1256223 | PA      | $1242725.63   | 0.74%             | 2041-04-17      | Fixed         | 4.65%                 | Yes           | 2                  | On Loan: No      |
| United States Treasury Bills                                                                     | United States Treasury Bill 0%, Due 06/16/2026                                      | CUSIP: 912797UA3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2780100 | PA      | $2758974.19   | 1.64%             | 2026-06-16      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| VDCM COMMERCIAL MORTGAGE TRUST 2025-AZ                                                           | VDCM Commercial Mortgage Trust 2025-AZ Floating Rate, Due 07/13/2044                | CUSIP: 91825CAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $753829.88    | 0.45%             | 2044-07-13      | Variable      | 5.45%                 | Yes           | 2                  | On Loan: No      |
| VRTX TRUST 2025-HQ                                                                               | VRTX Trust 2025-HQ Floating Rate, Due 08/05/2042                                    | CUSIP: 91835XAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $501953.55    | 0.30%             | 2042-08-05      | Variable      | 6.60%                 | Yes           | 2                  | On Loan: No      |
| Vantage Data Centers Issuer                                                                      | Vantage Data Centers, LLC 5.132%, Due 08/15/2055                                    | CUSIP: 92212KAH9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2135000 | PA      | $2088798.60   | 1.24%             | 2055-08-15      | Fixed         | 5.13%                 | Yes           | 2                  | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                               | Venture Global Plaquemines LNG, LLC 6.125%, Due 12/15/2030                          | CUSIP: 922966AE6<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1231956.00   | 0.73%             | 2030-12-15      | Fixed         | 6.12%                 | Yes           | 2                  | On Loan: No      |
| Venture Global LNG Inc.                                                                          | Venture Global LNG, Inc. 9%, Fixed Until 09/30/2029                                 | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    974000 | PA      | $969529.75    | 0.58%             | N/A             | Fixed         | 9.00%                 | Yes           | 2                  | On Loan: No      |
| Vistra Operations Co LLC                                                                         | Vistra Operations Company, LLC 7.75%, Due 10/15/2031                                | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1156000 | PA      | $1210758.49   | 0.72%             | 2031-10-15      | Fixed         | 7.75%                 | Yes           | 2                  | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2012-Lc5                                                   | Wells Fargo Commercial Mortgage Trust 2017-C40 Floating Rate, Due 10/15/2050        | CUSIP: 95000YBB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    650000 | PA      | $632897.92    | 0.38%             | 2050-10-15      | Variable      | 3.85%                 | No            | 2                  | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRU                                                              | Wells Fargo Commercial Mortgage Trust 2025-5C7 5.203%, Due 12/15/2058               | CUSIP: 95004XAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1700000 | PA      | $1727182.15   | 1.03%             | 2058-12-15      | Fixed         | 5.20%                 | No            | 2                  | On Loan: No      |
| WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2026-1                                                     | Westlake Automobile Receivables Trust 2026-1 4.37%, Due 06/16/2031                  | CUSIP: 96043BAF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    680000 | PA      | $674792.22    | 0.40%             | 2031-06-16      | Fixed         | 4.37%                 | Yes           | 2                  | On Loan: No      |
| WildFire Intermediate Holdings LLC                                                               | Wildfire Intermediate Holdings, LLC 7.5%, Due 10/15/2029                            | CUSIP: 96812HAA6<br>LEI: 5493003RHEMQJZEXIR02 | Long             | DBT              | CORP              | US        |   1206000 | PA      | $1221928.85   | 0.73%             | 2029-10-15      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| WULF Compute LLC                                                                                 | WULF Compute, LLC 7.75%, Due 10/15/2030                                             | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1182000 | PA      | $1249133.56   | 0.74%             | 2030-10-15      | Fixed         | 7.75%                 | Yes           | 2                  | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                                                                 | iShares iBoxx $ High Yield Corporate Bond ETF 06/18/2026 78 Put                     | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |     -2056 | NS      | $-180928.00   | -0.11%            |  |  |  | No            | 1                  | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                                                                 | iShares iBoxx $ High Yield Corporate Bond ETF 06/18/2026 80 Put                     | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Long             | DE               | CORP              | US        |      2056 | NS      | $333072.00    | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                                                                              | US 10YR FUT OPTN  May26P TYK6P 110.00 Comdty                                        | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |      -148 | NS      | $-53187.50    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2026-03-31

**Name of Applicant:** Sterling Capital Funds

**Signature:** Todd Miller

**Name of Signer:** Todd Miller

**Title:** Treasurer