# EDGAR Filing Document

**Accession Number:** 0000869365
**File Stem:** 0001752724-25-179367
**Filing Date:** 2025-7
**Character Count:** 6024837
**Document Hash:** 786131838a7cdccc866b1b41afa7c8ad
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-179367.hdr.sgml**: 20250725

**ACCESSION NUMBER**: 0001752724-25-179367

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250725

**DATE AS OF CHANGE**: 20250725

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SCHWAB INVESTMENTS
- **CENTRAL INDEX KEY:** 0000869365

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06200
- **FILM NUMBER:** 251150910

**BUSINESS ADDRESS:**
- **STREET 1:** 211 MAIN STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** 1-415-667-7000

**MAIL ADDRESS:**
- **STREET 1:** 211 MAIN STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

## Series and Classes Contracts Data

### Schwab U.S. Aggregate Bond Index Fund (Series ID: S000056207)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000176960 | Schwab U.S. Aggregate Bond Index Fund | SWAGX           |

## Nport-Ex

Schwab Investments

Schwab Treasury Inflation Protected Securities Index Fund

------

**Portfolio Holdings** as of May 31, 2025 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

For fixed-rate securities, the rate shown is the interest rate (the rate established when the security was issued). The maturity date shown for all the securities is the final legal maturity. Inflation-protected securities are fixed-income securities whose principal value is periodically adjusted by the rate of inflation. The interest rate on these instruments is generally lower at issuance than typical bonds or notes. Over the life of an inflation-indexed instrument interest will be paid based on a principal value, which is adjusted for any inflation or deflation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **TREASURIES** 99.7% OF NET ASSETS | **TREASURIES** 99.7% OF NET ASSETS | **TREASURIES** 99.7% OF NET ASSETS |
| **U.S. Treasury Inflation Protected Securities** | **U.S. Treasury Inflation Protected Securities** | **U.S. Treasury Inflation Protected Securities** |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 07/15/26  | 69865905 | 69279140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 10/15/26  | 78783430 | 77869420 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.38%, 01/15/27  | 64620492 | 63745844 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 01/15/27  | 32040959 | 32627959 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 04/15/27  | 80594595 | 78869367 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.38%, 07/15/27  | 71643391 | 70630309 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 10/15/27  | 80817352 | 81773901 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 01/15/28  | 73196090 | 71687850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 01/15/28  | 30181440 | 30535718 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 04/15/28  | 79750685 | 79479657 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 04/15/28  | 30832015 | 32797556 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 07/15/28  | 63360943 | 62445179 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 10/15/28  | 82123657 | 85095828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 01/15/29  | 54691673 | 53670477 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 01/15/29  | 27987289 | 29062504 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 04/15/29  | 84646581 | 86756133 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 04/15/29  | 35480960 | 38717905 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 07/15/29  | 64500315 | 61658270 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 10/15/29  | 87335601 | 88166313 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 01/15/30  | 72854197 | 68408953 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 04/15/30  | 47034575 | 47189826 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 07/15/30  | 80216897 | 74930729 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 01/15/31  | 82735070 | 76140503 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 07/15/31  | 84645236 | 77316480 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 01/15/32  | 93211118 | 83824468 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 04/15/32  | 12980499 | 14375903 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 07/15/32  | 95788676 | 88655038 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 01/15/33  | 94009122 | 89117710 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 07/15/33  | 92106138 | 88668348 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 01/15/34  | 97320166 | 95702599 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 07/15/34  | 101034807 | 100292832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 01/15/35  | 106283745 | 107105784 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 02/15/40  | 16437245 | 16080570 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 02/15/41  | 24571067 | 23775387 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 02/15/42  | 38657113 | 29664049 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 02/15/43  | 31049019 | 22810719 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 02/15/44  | 42717696 | 35524103 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 02/15/45  | 47177670 | 34127331 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 02/15/46  | 24312765 | 18251194 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 02/15/47  | 29545599 | 21182809 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 02/15/48  | 21540043 | 15668278 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 02/15/49  | 19749939 | 14154380 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 02/15/50  | 30480740 | 17415099 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 02/15/51  | 30113306 | 16128263 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 02/15/52  | 35778411 | 18816509 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 02/15/53  | 33744874 | 26337479 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 02/15/54  | 33134425 | 29875991 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 02/15/55  | 17082885 | 16262440 |
| **Total Treasuries**<br> **(Cost $2,695,611,609)** | **Total Treasuries**<br> **(Cost $2,695,611,609)** | **2562673104** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| **Short-Term Investments** 0.0% OF NET ASSETS | **Short-Term Investments** 0.0% OF NET ASSETS | **Short-Term Investments** 0.0% OF NET ASSETS |
| **Money Market Funds 0.0%** | **Money Market Funds 0.0%** | **Money Market Funds 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; State Street Institutional <br> U.S. Government Money Market <br> Fund, Premier Class 4.27% *(a)*<br>| 205809 | **205809** |
| **Total Short-Term Investments**<br> **(Cost $205,809)** | **Total Short-Term Investments**<br> **(Cost $205,809)** | **205809** |
| **Total Investments in Securities**<br> **(Cost $2,695,817,418)** | **Total Investments in Securities**<br> **(Cost $2,695,817,418)** | **2562878913** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;*(a)* The rate shown is the annualized 7-day yield.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

**1**

------

Schwab Treasury Inflation Protected Securities Index Fund

**Portfolio Holdings** (Unaudited) continued

------

The following is a summary of the inputs used to value the fund's investments as of May 31, 2025 (see notes to portfolio holdings for additional information):

---

| | | | | |
|:---|:---|:---|:---|:---|
| DESCRIPTION | QUOTED PRICES IN<br> ACTIVE MARKETS FOR<br> IDENTICAL ASSETS<br> (LEVEL 1)<br>| &nbsp;&nbsp; OTHER SIGNIFICANT<br> OBSERVABLE INPUTS<br> (LEVEL 2)<br>| &nbsp;&nbsp; SIGNIFICANT<br> UNOBSERVABLE INPUTS<br> (LEVEL 3)<br>| TOTAL |
| **Assets** |  |  |  |  |
| Treasuries<sup>1</sup> <br>| $— | &nbsp;&nbsp;&nbsp; $2562673104 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $2562673104 |
| Short-Term Investments<sup>1</sup> <br>| 205809 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 205809 |
| **Total** | **$205809** | &nbsp;&nbsp; **$2562673104** | &nbsp;&nbsp; **$—** | &nbsp;&nbsp; **$2562878913** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> As categorized in the Portfolio Holdings.

**2**

------

Schwab Investments

Schwab U.S. Aggregate Bond Index Fund

------

**Portfolio Holdings** as of May 31, 2025 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Generally, for fixed rate securities, the rate shown is the interest rate that was established when the security was issued. In some cases, for securitized products, the fixed interest rate can change but remains index eligible as a fixed rate coupon. All securities are currently in a fixed rate coupon period based on index eligibility requirements and the fund's investment objective. Variable rate securities are subject to index requirements and will be removed from the index and fund prior to converting from a fixed rate coupon to a variable rate coupon. The maturity date shown for all the securities is the final legal maturity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **CORPORATES** 23.8% OF NET ASSETS | **CORPORATES** 23.8% OF NET ASSETS | **CORPORATES** 23.8% OF NET ASSETS |
| **Financial Institutions 8.0%** | **Financial Institutions 8.0%** | **Financial Institutions 8.0%** |
| ***Banking 5.5%***  | ***Banking 5.5%***  | ***Banking 5.5%***  |
| **Ally Financial, Inc.** | **Ally Financial, Inc.** | **Ally Financial, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 06/09/27 *(a)* | 150000 | 150221 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.10%, 11/15/27 *(a)* | 150000 | 157401 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 11/02/28 *(a)* | 100000 | 91308 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.74%, 05/15/29 *(a)(b)* | 100000 | 101003 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.99%, 06/13/29 *(a)(b)* | 150000 | 156767 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.85%, 01/03/30 *(a)(b)* | 150000 | 156803 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.54%, 01/17/31 *(a)(b)* | 150000 | 149874 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 11/01/31  | 450000 | 503453 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.18%, 07/26/35 *(a)(b)* | 150000 | 149462 |
| **American Express Co.** | **American Express Co.** | **American Express Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 11/04/26 *(a)* | 250000 | 240623 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 03/04/27 *(a)* | 350000 | 339629 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 05/03/27 *(a)* | 300000 | 294639 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.39%, 07/28/27 *(a)(b)* | 250000 | 252242 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 11/05/27 *(a)* | 250000 | 258820 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 02/16/28 *(a)(b)* | 350000 | 353360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.04%, 07/26/28 *(a)(b)* | 200000 | 202386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.73%, 04/25/29 *(a)(b)* | 250000 | 251490 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 05/03/29 *(a)* | 150000 | 149120 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.28%, 07/27/29 *(a)(b)* | 250000 | 255795 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.53%, 04/25/30 *(a)(b)* | 250000 | 258430 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.09%, 01/30/31 *(a)(b)* | 250000 | 253850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.02%, 04/25/31 *(a)(b)* | 250000 | 252960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.49%, 10/30/31 *(a)(b)* | 250000 | 270515 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.99%, 05/26/33 *(a)(b)* | 100000 | 98922 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.42%, 08/03/33 *(a)(b)* | 250000 | 241498 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.04%, 05/01/34 *(a)(b)* | 200000 | 199416 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 07/28/34 *(a)(b)* | 100000 | 101296 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.92%, 04/25/35 *(a)(b)* | 100000 | 103255 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.28%, 07/26/35 *(a)(b)* | 300000 | 298650 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.44%, 01/30/36 *(a)(b)* | 250000 | 251882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.67%, 04/25/36 *(a)(b)* | 250000 | 255130 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 12/03/42  | 150000 | 124598 |
| **American Express Credit Corp.** | **American Express Credit Corp.** | **American Express Credit Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 05/03/27 *(a)* | 100000 | 98310 |
| **Associated Banc-Corp.** | **Associated Banc-Corp.** | **Associated Banc-Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.46%, 08/29/30 *(a)(b)* | 75000 | 76090 |
| **Australia & New Zealand Banking Group Ltd.** | **Australia & New Zealand Banking Group Ltd.** | **Australia & New Zealand Banking Group Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 01/18/27  | 250000 | 251990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 07/16/27  | 250000 | 253395 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.92%, 09/30/27  | 250000 | 248280 |
| **Banco Bilbao Vizcaya Argentaria SA** | **Banco Bilbao Vizcaya Argentaria SA** | **Banco Bilbao Vizcaya Argentaria SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.14%, 09/14/28 *(a)(b)* | 200000 | 206006 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 03/13/29  | 200000 | 204800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%, 11/15/34 *(a)(b)* | 200000 | 223922 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.03%, 03/13/35 *(a)(b)* | 200000 | 204646 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Banco Santander SA** | **Banco Santander SA** | **Banco Santander SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 04/11/27  | 200000 | 198400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.29%, 08/18/27  | 400000 | 404984 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.72%, 09/14/27 *(a)(b)* | 200000 | 192322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.53%, 11/07/27 *(a)(b)* | 200000 | 205084 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 02/23/28  | 200000 | 195184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 03/14/28 *(a)(b)* | 200000 | 202566 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.18%, 03/24/28 *(a)(b)* | 200000 | 198142 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 04/12/28  | 200000 | 198366 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.37%, 07/15/28 *(a)(b)* | 200000 | 202996 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.59%, 08/08/28  | 400000 | 411332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.61%, 11/07/28  | 200000 | 212494 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.31%, 06/27/29  | 200000 | 190412 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.57%, 01/17/30  | 200000 | 205566 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.54%, 03/14/30 *(a)(b)* | 200000 | 204714 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.49%, 05/28/30  | 200000 | 187552 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 12/03/30  | 200000 | 176070 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.96%, 03/25/31  | 200000 | 180950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.44%, 07/15/31  | 400000 | 410380 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.23%, 11/22/32 *(a)(b)* | 200000 | 175160 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.92%, 08/08/33  | 400000 | 426908 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.94%, 11/07/33  | 200000 | 222668 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 03/14/34  | 200000 | 206660 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.03%, 01/17/35  | 200000 | 207628 |
| **Bank of America Corp.** | **Bank of America Corp.** | **Bank of America Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.22%, 09/15/26  | 150000 | 152945 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 10/22/26  | 350000 | 348670 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.73%, 07/22/27 *(a)(b)* | 1100000 | 1064316 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.93%, 09/15/27 *(a)(b)* | 300000 | 304710 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 10/21/27 *(a)* | 500000 | 487960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.18%, 11/25/27 *(a)* | 350000 | 347032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.82%, 01/20/28 *(a)(b)* | 500000 | 493505 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 02/04/28 *(a)(b)* | 425000 | 410818 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.71%, 04/24/28 *(a)(b)* | 350000 | 344158 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 04/27/28 *(a)(b)* | 400000 | 398180 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.59%, 07/21/28 *(a)(b)* | 400000 | 391604 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 07/22/28 *(a)(b)* | 600000 | 603774 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 11/10/28 *(a)(b)* | 400000 | 414300 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.42%, 12/20/28 *(a)(b)* | 1100000 | 1067572 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.98%, 01/24/29 *(a)(b)* | 500000 | 505095 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.97%, 03/05/29 *(a)(b)* | 500000 | 491245 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 04/25/29 *(a)(b)* | 700000 | 711585 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.62%, 05/09/29 *(a)(b)* | 400000 | 400116 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.09%, 06/14/29 *(a)(b)* | 500000 | 464280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.27%, 07/23/29 *(a)(b)* | 550000 | 543928 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.82%, 09/15/29 *(a)(b)* | 550000 | 570124 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.97%, 02/07/30 *(a)(b)* | 575000 | 561085 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.19%, 07/23/30 *(a)(b)* | 450000 | 424134 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 10/22/30 *(a)(b)* | 350000 | 324436 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.16%, 01/24/31 *(a)(b)* | 500000 | 507770 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 02/13/31 *(a)(b)* | 650000 | 586950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.59%, 04/29/31 *(a)(b)* | 600000 | 541734 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 07/23/31 *(a)(b)* | 525000 | 454629 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.92%, 10/24/31 *(a)(b)* | 450000 | 387684 |

---

**3**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 03/11/32 *(a)(b)* | 400000 | 354172 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.69%, 04/22/32 *(a)(b)* | 800000 | 707200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 07/21/32 *(a)(b)* | 650000 | 557609 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.57%, 10/20/32 *(a)(b)* | 600000 | 520848 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.97%, 02/04/33 *(a)(b)* | 650000 | 572663 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.57%, 04/27/33 *(a)(b)* | 600000 | 582234 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.02%, 07/22/33 *(a)(b)* | 900000 | 897183 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.29%, 04/25/34 *(a)(b)* | 950000 | 951083 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.87%, 09/15/34 *(a)(b)* | 700000 | 727839 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.47%, 01/23/35 *(a)(b)* | 900000 | 910665 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.43%, 08/15/35 *(a)(b)* | 450000 | 440644 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.52%, 10/25/35 *(a)(b)* | 675000 | 662330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.51%, 01/24/36 *(a)(b)* | 700000 | 706398 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.74%, 02/12/36 *(a)(b)* | 450000 | 447403 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.46%, 05/09/36 *(a)(b)* | 400000 | 403072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.48%, 09/21/36 *(a)(b)* | 400000 | 334608 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.11%, 01/29/37  | 350000 | 362995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 03/08/37 *(a)(b)* | 425000 | 380749 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.24%, 04/24/38 *(a)(b)* | 350000 | 310919 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%, 05/14/38  | 320000 | 374966 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.08%, 04/23/40 *(a)(b)* | 300000 | 254910 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.68%, 06/19/41 *(a)(b)* | 900000 | 628578 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 02/07/42  | 275000 | 282287 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.31%, 04/22/42 *(a)(b)* | 700000 | 522816 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/21/44  | 350000 | 322980 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 04/01/44  | 100000 | 90416 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 04/21/45  | 100000 | 86400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.44%, 01/20/48 *(a)(b)* | 225000 | 187292 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 01/23/49 *(a)(b)* | 200000 | 152698 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.33%, 03/15/50 *(a)(b)* | 500000 | 405005 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.08%, 03/20/51 *(a)(b)* | 1000000 | 773140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.83%, 10/24/51 *(a)(b)* | 150000 | 90851 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.48%, 03/13/52 *(a)(b)* | 200000 | 138550 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.97%, 07/21/52 *(a)(b)* | 350000 | 218593 |
| **Bank of America NA** | **Bank of America NA** | **Bank of America NA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.53%, 08/18/26 *(a)* | 400000 | 405196 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 10/15/36  | 168000 | 174350 |
| **Bank of Montreal** | **Bank of Montreal** | **Bank of Montreal** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 06/05/26  | 150000 | 151212 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 09/15/26  | 250000 | 240200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.27%, 12/11/26  | 200000 | 202382 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 03/08/27  | 250000 | 242800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.37%, 06/04/27  | 150000 | 152796 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.57%, 09/10/27 *(a)(b)* | 200000 | 199872 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 09/14/27 *(a)* | 200000 | 201192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 02/01/28 *(a)* | 250000 | 254957 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.72%, 09/25/28 *(a)* | 200000 | 207458 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/27/29 *(a)(b)* | 100000 | 101087 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.64%, 09/10/30 *(a)(b)* | 150000 | 149969 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.51%, 06/04/31 *(a)* | 150000 | 155118 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 12/15/32 *(a)(b)* | 200000 | 193382 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.09%, 01/10/37 *(a)(b)* | 200000 | 170640 |
| **Bank of New York Mellon Corp.** | **Bank of New York Mellon Corp.** | **Bank of New York Mellon Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 08/17/26 *(a)* | 150000 | 146768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.05%, 10/15/26 *(a)* | 100000 | 95760 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/16/27 *(a)* | 250000 | 245768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 01/29/28 *(a)* | 200000 | 196058 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.44%, 02/07/28 *(a)(b)* | 150000 | 147848 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 04/28/28  | 350000 | 347998 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 10/25/28 *(a)(b)* | 250000 | 258132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 10/30/28 *(a)* | 150000 | 143280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 01/25/29 *(a)* | 100000 | 91753 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.54%, 02/01/29 *(a)(b)* | 150000 | 150596 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 08/23/29 *(a)* | 150000 | 142986 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.32%, 10/25/29 *(a)(b)* | 200000 | 211572 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.98%, 03/14/30 *(a)(b)* | 150000 | 152606 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.94%, 02/11/31 *(a)(b)* | 250000 | 252855 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 07/28/31 *(a)* | 100000 | 85467 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.06%, 07/22/32 *(a)(b)* | 200000 | 202340 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.29%, 06/13/33 *(a)(b)* | 200000 | 191326 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.83%, 10/25/33 *(a)(b)* | 250000 | 261937 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.71%, 02/01/34 *(a)(b)* | 150000 | 146196 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.97%, 04/26/34 *(a)(b)* | 500000 | 495090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.47%, 10/25/34 *(a)(b)* | 100000 | 108853 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.19%, 03/14/35 *(a)(b)* | 200000 | 200166 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.23%, 11/20/35 *(a)(b)* | 150000 | 150837 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.61%, 07/21/39 *(a)(b)* | 100000 | 100020 |
| **Bank of Nova Scotia** | **Bank of Nova Scotia** | **Bank of Nova Scotia** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.35%, 06/24/26  | 200000 | 193776 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 08/03/26  | 200000 | 196186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 09/15/26  | 250000 | 240613 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 12/07/26  | 200000 | 202522 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 02/02/27  | 150000 | 144450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 03/11/27  | 150000 | 146357 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 06/04/27  | 150000 | 152916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/12/28  | 150000 | 153870 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 09/08/28 *(a)(b)* | 200000 | 199296 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.93%, 02/14/29 *(a)(b)* | 200000 | 201574 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 08/01/29  | 125000 | 128919 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 02/01/30  | 200000 | 202058 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 02/14/31 *(a)(b)* | 150000 | 151800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 08/01/31  | 150000 | 129135 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 02/02/32  | 150000 | 128679 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.74%, 11/10/32 *(a)(b)* | 150000 | 148451 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 02/01/34  | 150000 | 155228 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.59%, 05/04/37 *(a)(b)* | 200000 | 186538 |
| **Bank OZK** | **Bank OZK** | **Bank OZK** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 10/01/31 *(a)(b)* | 100000 | 90069 |
| **BankUnited, Inc.** | **BankUnited, Inc.** | **BankUnited, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 06/11/30 *(a)* | 75000 | 73454 |
| **Barclays PLC** | **Barclays PLC** | **Barclays PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 09/13/27 *(a)(b)* | 200000 | 204232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.28%, 11/24/27 *(a)(b)* | 400000 | 385948 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.34%, 01/10/28 *(a)* | 200000 | 198444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.67%, 03/12/28 *(a)(b)* | 200000 | 203082 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.84%, 05/09/28 *(a)* | 450000 | 450895 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 08/09/28 *(a)(b)* | 300000 | 304548 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.84%, 09/10/28 *(a)(b)* | 200000 | 200480 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.39%, 11/02/28 *(a)(b)* | 250000 | 264570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.09%, 02/25/29 *(a)(b)* | 250000 | 251505 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.97%, 05/16/29 *(a)(b)* | 450000 | 452110 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.49%, 09/13/29 *(a)(b)* | 200000 | 209940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.69%, 03/12/30 *(a)(b)* | 350000 | 358998 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.09%, 06/20/30 *(a)(b)* | 300000 | 298695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.94%, 09/10/30 *(a)(b)* | 250000 | 249658 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.37%, 02/25/31 *(a)(b)* | 350000 | 353325 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 06/24/31 *(a)(b)* | 300000 | 267711 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.67%, 03/10/32 *(a)(b)* | 200000 | 174846 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.89%, 11/24/32 *(a)(b)* | 250000 | 217740 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 08/09/33 *(a)(b)* | 200000 | 204218 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.44%, 11/02/33 *(a)(b)* | 350000 | 391601 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.22%, 05/09/34 *(a)(b)* | 400000 | 417860 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.12%, 06/27/34 *(a)(b)* | 250000 | 269310 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.69%, 09/13/34 *(a)(b)* | 250000 | 268730 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.34%, 09/10/35 *(a)(b)* | 400000 | 389088 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.56%, 09/23/35 *(a)(b)* | 150000 | 136725 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.79%, 02/25/36 *(a)(b)* | 350000 | 351127 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.81%, 03/10/42 *(a)(b)* | 200000 | 152612 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.33%, 11/24/42 *(a)(b)* | 200000 | 143544 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 08/17/45  | 200000 | 187756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 01/10/47  | 200000 | 177232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.04%, 03/12/55 *(a)(b)* | 200000 | 198898 |
| **BPCE SA** | **BPCE SA** | **BPCE SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 12/02/26  | 250000 | 246143 |

---

**4**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Canadian Imperial Bank of Commerce** | **Canadian Imperial Bank of Commerce** | **Canadian Imperial Bank of Commerce** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 06/22/26  | 150000 | 145143 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.93%, 10/02/26  | 200000 | 203628 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 04/07/27 *(a)* | 200000 | 196624 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.24%, 06/28/27  | 200000 | 203014 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.51%, 09/11/27 *(a)(b)* | 150000 | 149805 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.86%, 01/13/28 *(a)(b)* | 200000 | 200862 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/28/28 *(a)* | 250000 | 254135 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.86%, 03/30/29 *(a)(b)* | 250000 | 251422 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.26%, 04/08/29 *(a)* | 200000 | 204908 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 09/11/30 *(a)(b)* | 200000 | 199180 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/13/31 *(a)(b)* | 200000 | 203382 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 04/07/32 *(a)* | 200000 | 183888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.09%, 10/03/33 *(a)* | 250000 | 265382 |
| **Capital One Financial Corp.** | **Capital One Financial Corp.** | **Capital One Financial Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 07/28/26 *(a)* | 250000 | 247090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 02/09/27 *(a)* | 150000 | 148829 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 03/09/27 *(a)* | 300000 | 296250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 05/11/27 *(a)* | 250000 | 246020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 11/02/27 *(a)(b)* | 225000 | 216401 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 01/31/28 *(a)* | 200000 | 196122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.93%, 05/10/28 *(a)(b)* | 300000 | 300963 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.47%, 02/01/29 *(a)(b)* | 200000 | 203590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.31%, 06/08/29 *(a)(b)* | 300000 | 312507 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 02/01/30 *(a)(b)* | 200000 | 205242 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.27%, 03/01/30 *(a)(b)* | 200000 | 188862 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/26/30 *(a)(b)* | 200000 | 202002 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.46%, 07/26/30 *(a)(b)* | 200000 | 203804 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.62%, 10/30/31 *(a)(b)* | 300000 | 334632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.36%, 07/29/32 *(a)(b)* | 150000 | 124256 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.62%, 11/02/32 *(a)(b)* | 200000 | 171066 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.70%, 11/29/32 *(a)* | 150000 | 161373 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.27%, 05/10/33 *(a)(b)* | 200000 | 197994 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.82%, 02/01/34 *(a)(b)* | 250000 | 253155 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 06/08/34 *(a)(b)* | 300000 | 313839 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.96%, 11/02/34 *(a)(b)* | 150000 | 171731 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 02/01/35 *(a)(b)* | 200000 | 205358 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 07/26/35 *(a)(b)* | 200000 | 202748 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.18%, 01/30/36 *(a)(b)* | 300000 | 297618 |
| **Capital One NA** | **Capital One NA** | **Capital One NA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 07/27/26 *(a)* | 250000 | 246565 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 09/13/28 *(a)* | 250000 | 250208 |
| **Citibank NA** | **Citibank NA** | **Citibank NA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.93%, 08/06/26 *(a)* | 250000 | 251430 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.49%, 12/04/26 *(a)* | 500000 | 507355 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.58%, 05/29/27 *(a)* | 400000 | 400788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 11/19/27 *(a)(b)* | 400000 | 401684 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 09/29/28 *(a)* | 400000 | 416488 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.84%, 08/06/29 *(a)* | 250000 | 253165 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.91%, 05/29/30 *(a)* | 500000 | 504515 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.57%, 04/30/34 *(a)* | 300000 | 307491 |
| **Citigroup, Inc.** | **Citigroup, Inc.** | **Citigroup, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 10/21/26 *(a)* | 600000 | 589404 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 11/20/26  | 150000 | 149307 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.46%, 06/09/27 *(a)(b)* | 550000 | 531949 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 09/29/27  | 680000 | 677192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.89%, 01/10/28 *(a)(b)* | 500000 | 493805 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 01/15/28  | 100000 | 105708 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.07%, 02/24/28 *(a)(b)* | 500000 | 486755 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.64%, 05/07/28 *(a)(b)* | 400000 | 399449 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.66%, 05/24/28 *(a)(b)* | 300000 | 300099 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.67%, 07/24/28 *(a)(b)* | 400000 | 391232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 07/25/28  | 350000 | 344977 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.52%, 10/27/28 *(a)(b)* | 400000 | 389164 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.79%, 03/04/29 *(a)(b)* | 400000 | 400596 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.08%, 04/23/29 *(a)(b)* | 300000 | 295365 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.17%, 02/13/30 *(a)(b)* | 500000 | 506755 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.98%, 03/20/30 *(a)(b)* | 450000 | 437211 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.54%, 09/19/30 *(a)(b)* | 550000 | 543075 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.98%, 11/05/30 *(a)(b)* | 400000 | 370232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.67%, 01/29/31 *(a)(b)* | 400000 | 362260 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.41%, 03/31/31 *(a)(b)* | 700000 | 685132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 05/07/31 *(a)(b)* | 400000 | 400088 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.57%, 06/03/31 *(a)(b)* | 650000 | 582491 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.56%, 05/01/32 *(a)(b)* | 500000 | 437205 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 06/15/32  | 200000 | 215500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.52%, 11/03/32 *(a)(b)* | 300000 | 258312 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.06%, 01/25/33 *(a)(b)* | 550000 | 484071 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 02/22/33  | 100000 | 102688 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.79%, 03/17/33 *(a)(b)* | 575000 | 528459 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.91%, 05/24/33 *(a)(b)* | 475000 | 467025 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 10/31/33  | 150000 | 155519 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.27%, 11/17/33 *(a)(b)* | 500000 | 531135 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.17%, 05/25/34 *(a)(b)* | 600000 | 614982 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.59%, 11/19/34 *(a)(b)* | 200000 | 200360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.83%, 02/13/35 *(a)(b)* | 500000 | 498510 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 06/11/35 *(a)(b)* | 450000 | 450990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.02%, 01/24/36 *(a)(b)* | 550000 | 552112 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.33%, 03/27/36 *(a)(b)* | 400000 | 395224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 08/25/36  | 100000 | 101396 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 01/24/39 *(a)(b)* | 200000 | 168116 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.13%, 07/15/39  | 395000 | 486166 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.41%, 09/19/39 *(a)(b)* | 200000 | 190598 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.32%, 03/26/41 *(a)(b)* | 300000 | 286509 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 01/30/42  | 205000 | 206341 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 11/03/42 *(a)(b)* | 200000 | 137846 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.68%, 09/13/43  | 200000 | 212136 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 05/06/44  | 150000 | 137540 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 07/30/45  | 180000 | 154359 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 05/18/46  | 330000 | 274570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.28%, 04/24/48 *(a)(b)* | 150000 | 120251 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 07/23/48 *(a)* | 450000 | 376501 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.61%, 03/04/56 *(a)(b)* | 300000 | 285963 |
| **Citizens Financial Group, Inc.** | **Citizens Financial Group, Inc.** | **Citizens Financial Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 07/27/26 *(a)* | 150000 | 147054 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.84%, 01/23/30 *(a)(b)* | 250000 | 256597 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 04/30/30 *(a)* | 150000 | 138602 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/05/31 *(a)(b)* | 200000 | 200460 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.72%, 07/23/32 *(a)(b)* | 200000 | 204198 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.64%, 09/30/32 *(a)* | 100000 | 81923 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.65%, 04/25/35 *(a)(b)* | 150000 | 159077 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.64%, 05/21/37 *(a)(b)* | 100000 | 97141 |
| **Comerica, Inc.** | **Comerica, Inc.** | **Comerica, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/01/29 *(a)* | 250000 | 242288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.98%, 01/30/30 *(a)(b)* | 250000 | 254272 |
| **Commonwealth Bank of Australia** | **Commonwealth Bank of Australia** | **Commonwealth Bank of Australia** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.58%, 11/27/26  | 250000 | 251425 |
| **Cooperatieve Rabobank UA** | **Cooperatieve Rabobank UA** | **Cooperatieve Rabobank UA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 07/21/26  | 300000 | 297033 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 10/05/26  | 250000 | 253765 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.04%, 03/05/27  | 250000 | 253455 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.37%, 05/27/27  | 250000 | 250746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 01/21/28  | 250000 | 254197 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/24/41  | 200000 | 192800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 12/01/43  | 250000 | 246578 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 08/04/45  | 250000 | 230520 |
| **Credit Suisse USA LLC** | **Credit Suisse USA LLC** | **Credit Suisse USA LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%, 07/15/32  | 150000 | 167835 |
| **Deutsche Bank AG** | **Deutsche Bank AG** | **Deutsche Bank AG** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.15%, 07/13/27 *(a)(b)* | 250000 | 255960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.37%, 09/09/27  | 150000 | 153078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.31%, 11/16/27 *(a)(b)* | 250000 | 240815 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 01/07/28 *(a)(b)* | 250000 | 241065 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.71%, 02/08/28 *(a)(b)* | 200000 | 202620 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.37%, 01/10/29 *(a)(b)* | 150000 | 151706 |

---

**5**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.72%, 01/18/29 *(a)(b)* | 300000 | 313215 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.41%, 05/10/29  | 150000 | 154475 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.82%, 11/20/29 *(a)(b)* | 250000 | 264685 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/11/30 *(a)(b)* | 200000 | 199302 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 05/09/31 *(a)(b)* | 300000 | 300639 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 07/08/31 *(a)(b)* | 200000 | 202690 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 09/18/31 *(a)(b)* | 350000 | 322584 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.73%, 01/14/32 *(a)(b)* | 200000 | 180090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.04%, 05/28/32 *(a)(b)* | 150000 | 132450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 12/01/32 *(a)(b)* | 200000 | 196306 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.74%, 01/07/33 *(a)(b)* | 200000 | 175996 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.08%, 02/10/34 *(a)(b)* | 200000 | 209860 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 09/11/35 *(a)(b)* | 250000 | 244198 |
| **Fifth Third Bancorp** | **Fifth Third Bancorp** | **Fifth Third Bancorp** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 05/05/27 *(a)* | 150000 | 144507 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.71%, 11/01/27 *(a)(b)* | 150000 | 143991 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 03/14/28 *(a)* | 150000 | 148034 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.36%, 10/27/28 *(a)(b)* | 200000 | 207434 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.34%, 07/27/29 *(a)(b)* | 200000 | 209288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.77%, 07/28/30 *(a)(b)* | 200000 | 199426 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 01/29/32 *(a)(b)* | 200000 | 205550 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.25%, 03/01/38  | 200000 | 234252 |
| **Fifth Third Bank NA** | **Fifth Third Bank NA** | **Fifth Third Bank NA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 02/01/27 *(a)* | 250000 | 241295 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.97%, 01/28/28 *(a)(b)* | 250000 | 251057 |
| **First Horizon Bank** | **First Horizon Bank** | **First Horizon Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 05/01/30 *(a)* | 250000 | 251817 |
| **First-Citizens Bank & Trust Co.** | **First-Citizens Bank & Trust Co.** | **First-Citizens Bank & Trust Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 03/09/28  | 100000 | 103525 |
| **FNB Corp.** | **FNB Corp.** | **FNB Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.72%, 12/11/30 *(a)(b)* | 100000 | 98936 |
| **Goldman Sachs Capital I** | **Goldman Sachs Capital I** | **Goldman Sachs Capital I** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 02/15/34  | 150000 | 153722 |
| **Goldman Sachs Group, Inc.** | **Goldman Sachs Group, Inc.** | **Goldman Sachs Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 11/16/26 *(a)* | 450000 | 443583 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 01/15/27  | 157000 | 161129 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 01/26/27 *(a)* | 600000 | 595254 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.39%, 06/15/27 *(a)(b)* | 150000 | 149577 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.54%, 09/10/27 *(a)(b)* | 500000 | 480345 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 10/21/27 *(a)(b)* | 750000 | 722535 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.64%, 02/24/28 *(a)(b)* | 600000 | 579828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.62%, 03/15/28 *(a)(b)* | 650000 | 638436 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.94%, 04/23/28 *(a)(b)* | 450000 | 452169 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.69%, 06/05/28 *(a)(b)* | 500000 | 490895 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.48%, 08/23/28 *(a)(b)* | 450000 | 448627 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.81%, 04/23/29 *(a)(b)* | 450000 | 440460 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.22%, 05/01/29 *(a)(b)* | 625000 | 618825 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.48%, 10/24/29 *(a)(b)* | 500000 | 527555 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 02/07/30 *(a)* | 350000 | 319931 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 03/15/30 *(a)* | 475000 | 458456 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.73%, 04/25/30 *(a)(b)* | 500000 | 517105 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 07/23/30 *(a)(b)* | 450000 | 454153 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.69%, 10/23/30 *(a)(b)* | 350000 | 348754 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.21%, 01/28/31 *(a)(b)* | 400000 | 405972 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.22%, 04/23/31 *(a)(b)* | 500000 | 507700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.99%, 01/27/32 *(a)(b)* | 500000 | 425955 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.62%, 04/22/32 *(a)(b)* | 675000 | 592522 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 07/21/32 *(a)(b)* | 700000 | 602833 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 10/21/32 *(a)(b)* | 600000 | 521478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 02/15/33  | 175000 | 188925 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 02/24/33 *(a)(b)* | 700000 | 618422 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.56%, 10/24/34 *(a)(b)* | 250000 | 272775 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 04/25/35 *(a)(b)* | 500000 | 515560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.33%, 07/23/35 *(a)(b)* | 575000 | 570986 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.02%, 10/23/35 *(a)(b)* | 500000 | 484310 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.54%, 01/28/36 *(a)(b)* | 600000 | 604632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.45%, 05/01/36  | 100000 | 105376 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 10/01/37  | 1000000 | 1076320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.02%, 10/31/38 *(a)(b)* | 475000 | 404785 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.41%, 04/23/39 *(a)(b)* | 300000 | 263565 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 02/01/41  | 450000 | 470268 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.21%, 04/22/42 *(a)(b)* | 400000 | 291672 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.91%, 07/21/42 *(a)(b)* | 250000 | 174200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.44%, 02/24/43 *(a)(b)* | 375000 | 278610 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 07/08/44 *(a)* | 350000 | 306271 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 05/22/45  | 350000 | 308595 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 10/21/45 *(a)* | 300000 | 259980 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.56%, 11/19/45 *(a)(b)* | 550000 | 527279 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.73%, 01/28/56 *(a)(b)* | 600000 | 583500 |
| **HSBC Bank USA NA** | **HSBC Bank USA NA** | **HSBC Bank USA NA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 11/01/34  | 250000 | 259455 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 01/15/39  | 250000 | 280875 |
| **HSBC Holdings PLC** | **HSBC Holdings PLC** | **HSBC Holdings PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 11/23/26  | 200000 | 199170 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.89%, 08/14/27 *(a)(b)* | 400000 | 405064 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 11/22/27 *(a)(b)* | 200000 | 192734 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.04%, 03/13/28 *(a)(b)* | 400000 | 395408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 05/17/28 *(a)(b)* | 300000 | 304518 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.76%, 06/09/28 *(a)(b)* | 450000 | 449653 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.21%, 08/11/28 *(a)(b)* | 400000 | 403948 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.01%, 09/22/28 *(a)(b)* | 350000 | 328993 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.39%, 11/03/28 *(a)(b)* | 400000 | 423016 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 11/19/28 *(a)(b)* | 300000 | 302307 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/03/29 *(a)(b)* | 200000 | 200476 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.16%, 03/09/29 *(a)(b)* | 450000 | 465489 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.58%, 06/19/29 *(a)(b)* | 600000 | 595968 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.21%, 08/17/29 *(a)(b)* | 400000 | 368648 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 03/04/30 *(a)(b)* | 250000 | 255812 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 03/31/30  | 400000 | 403648 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.97%, 05/22/30 *(a)(b)* | 650000 | 626632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.29%, 11/19/30 *(a)(b)* | 400000 | 404048 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 03/03/31 *(a)(b)* | 200000 | 200544 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.24%, 05/13/31 *(a)(b)* | 400000 | 402048 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 06/04/31 *(a)(b)* | 250000 | 225365 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.36%, 08/18/31 *(a)(b)* | 250000 | 219390 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.73%, 05/17/32 *(a)(b)* | 250000 | 256637 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 05/24/32 *(a)(b)* | 500000 | 437890 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.87%, 11/22/32 *(a)(b)* | 350000 | 304766 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.76%, 03/29/33 *(a)(b)* | 200000 | 191794 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 08/11/33 *(a)(b)* | 450000 | 454153 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.11%, 11/03/33 *(a)(b)* | 400000 | 456840 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 03/09/34 *(a)(b)* | 400000 | 420700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55%, 06/20/34 *(a)(b)* | 300000 | 313737 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.40%, 11/13/34 *(a)(b)* | 400000 | 439952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.72%, 03/04/35 *(a)(b)* | 200000 | 204144 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.87%, 11/18/35 *(a)(b)* | 400000 | 396028 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/03/36 *(a)(b)* | 400000 | 394204 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 05/02/36  | 400000 | 422316 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.79%, 05/13/36 *(a)(b)* | 400000 | 403348 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 09/15/37  | 405000 | 422576 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.80%, 06/01/38  | 400000 | 429718 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 01/14/42  | 200000 | 208310 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.33%, 03/09/44 *(a)(b)* | 400000 | 420720 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/14/44  | 200000 | 185538 |
| **HSBC USA, Inc.** | **HSBC USA, Inc.** | **HSBC USA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.29%, 03/04/27  | 200000 | 203006 |
| **Huntington Bancshares, Inc.** | **Huntington Bancshares, Inc.** | **Huntington Bancshares, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.44%, 08/04/28 *(a)(b)* | 200000 | 199704 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.21%, 08/21/29 *(a)(b)* | 100000 | 104269 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 02/04/30 *(a)* | 150000 | 135705 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.27%, 01/15/31 *(a)(b)* | 200000 | 202334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.71%, 02/02/35 *(a)(b)* | 200000 | 201166 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.49%, 08/15/36 *(a)(b)* | 250000 | 207285 |

---

**6**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Huntington National Bank** | **Huntington National Bank** | **Huntington National Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.87%, 04/12/28 *(a)(b)* | 250000 | 250672 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 05/17/28 *(a)(b)* | 250000 | 249598 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 01/10/30 *(a)* | 250000 | 257802 |
| **ING Groep NV** | **ING Groep NV** | **ING Groep NV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 03/29/27  | 200000 | 198122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.08%, 09/11/27 *(a)(b)* | 200000 | 203584 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.02%, 03/28/28 *(a)(b)* | 250000 | 247425 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 10/02/28  | 300000 | 299697 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.86%, 03/25/29 *(a)(b)* | 200000 | 200846 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 04/09/29  | 200000 | 196106 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.34%, 03/19/30 *(a)(b)* | 200000 | 204056 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.07%, 03/25/31 *(a)(b)* | 200000 | 201296 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.73%, 04/01/32 *(a)(b)* | 200000 | 177136 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/28/33 *(a)(b)* | 200000 | 189848 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.11%, 09/11/34 *(a)(b)* | 200000 | 210162 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 03/19/35 *(a)(b)* | 200000 | 201370 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.53%, 03/25/36 *(a)(b)* | 200000 | 199788 |
| **JPMorgan Chase & Co.** | **JPMorgan Chase & Co.** | **JPMorgan Chase & Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 06/15/26 *(a)* | 250000 | 247188 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 10/01/26 *(a)* | 550000 | 540204 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.63%, 10/15/26  | 150000 | 156426 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 12/15/26  | 350000 | 348544 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 04/29/27  | 150000 | 159803 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.47%, 09/22/27 *(a)(b)* | 500000 | 480225 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 10/01/27  | 250000 | 250088 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.07%, 10/22/27 *(a)(b)* | 300000 | 306294 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 12/01/27 *(a)* | 150000 | 147249 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.04%, 01/23/28 *(a)(b)* | 450000 | 453190 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.78%, 02/01/28 *(a)(b)* | 500000 | 493545 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 02/24/28 *(a)(b)* | 350000 | 340718 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.57%, 04/22/28 *(a)(b)* | 500000 | 509330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.32%, 04/26/28 *(a)(b)* | 600000 | 597468 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.54%, 05/01/28 *(a)(b)* | 450000 | 441711 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.18%, 06/01/28 *(a)(b)* | 300000 | 286383 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.98%, 07/22/28 *(a)(b)* | 350000 | 352873 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 07/25/28 *(a)(b)* | 650000 | 653614 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.51%, 10/22/28 *(a)(b)* | 350000 | 349359 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.51%, 01/23/29 *(a)(b)* | 450000 | 438169 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.92%, 01/24/29 *(a)(b)* | 400000 | 403636 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.01%, 04/23/29 *(a)(b)* | 400000 | 394016 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.07%, 06/01/29 *(a)(b)* | 350000 | 325545 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 07/23/29 *(a)(b)* | 450000 | 445108 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 07/24/29 *(a)(b)* | 500000 | 510275 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.09%, 10/23/29 *(a)(b)* | 400000 | 418076 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 12/05/29 *(a)(b)* | 450000 | 447327 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.01%, 01/23/30 *(a)(b)* | 425000 | 430312 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.58%, 04/22/30 *(a)(b)* | 500000 | 516445 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 05/06/30 *(a)(b)* | 450000 | 434623 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.57%, 06/14/30 *(a)(b)* | 400000 | 398456 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/22/30 *(a)(b)* | 500000 | 504850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.75%, 09/01/30  | 150000 | 176286 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.74%, 10/15/30 *(a)(b)* | 650000 | 599605 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 10/22/30 *(a)(b)* | 450000 | 447610 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.14%, 01/24/31 *(a)(b)* | 500000 | 508020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.49%, 03/24/31 *(a)(b)* | 550000 | 543735 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.52%, 04/22/31 *(a)(b)* | 500000 | 451715 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 04/22/31 *(a)(b)* | 350000 | 355271 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.96%, 05/13/31 *(a)(b)* | 575000 | 523008 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.76%, 11/19/31 *(a)(b)* | 250000 | 213658 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 02/04/32 *(a)(b)* | 550000 | 471174 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.58%, 04/22/32 *(a)(b)* | 675000 | 596140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 11/08/32 *(a)(b)* | 600000 | 520728 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.96%, 01/25/33 *(a)(b)* | 500000 | 442490 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.59%, 04/26/33 *(a)(b)* | 450000 | 438808 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.91%, 07/25/33 *(a)(b)* | 800000 | 793320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.72%, 09/14/33 *(a)(b)* | 675000 | 693225 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 06/01/34 *(a)(b)* | 800000 | 811104 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 10/23/34 *(a)(b)* | 600000 | 641886 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.34%, 01/23/35 *(a)(b)* | 550000 | 553806 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.77%, 04/22/35 *(a)(b)* | 575000 | 595090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.29%, 07/22/35 *(a)(b)* | 700000 | 699853 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 10/22/35 *(a)(b)* | 600000 | 582960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/24/36 *(a)(b)* | 500000 | 506605 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.57%, 04/22/36 *(a)(b)* | 600000 | 610818 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 05/15/38  | 450000 | 490266 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 07/24/38 *(a)(b)* | 475000 | 409322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 10/15/40  | 230000 | 228625 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.11%, 04/22/41 *(a)(b)* | 250000 | 187238 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 07/15/41  | 350000 | 351589 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.53%, 11/19/41 *(a)(b)* | 300000 | 205086 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 01/06/42  | 250000 | 245978 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.16%, 04/22/42 *(a)(b)* | 375000 | 276514 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 08/16/43  | 250000 | 247233 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 02/01/44  | 200000 | 181560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 06/01/45  | 300000 | 271353 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.53%, 11/29/45 *(a)(b)* | 500000 | 490055 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.26%, 02/22/48 *(a)(b)* | 350000 | 286982 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.03%, 07/24/48 *(a)(b)* | 250000 | 196810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.96%, 11/15/48 *(a)(b)* | 700000 | 544026 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 01/23/49 *(a)(b)* | 300000 | 230091 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.11%, 04/22/51 *(a)(b)* | 400000 | 261064 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.33%, 04/22/52 *(a)(b)* | 600000 | 408330 |
| **JPMorgan Chase Bank NA** | **JPMorgan Chase Bank NA** | **JPMorgan Chase Bank NA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.11%, 12/08/26 *(a)* | 350000 | 354000 |
| **KeyBank NA** | **KeyBank NA** | **KeyBank NA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.39%, 12/14/27  | 250000 | 248390 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 04/13/29  | 250000 | 238480 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 08/08/32  | 250000 | 236163 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/26/33 *(a)* | 250000 | 242030 |
| **KeyCorp** | **KeyCorp** | **KeyCorp** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 04/06/27  | 150000 | 143705 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 04/30/28  | 100000 | 98624 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 10/01/29  | 100000 | 91181 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.79%, 06/01/33 *(a)(b)* | 100000 | 95494 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 03/06/35 *(a)(b)* | 150000 | 157523 |
| **Lloyds Banking Group PLC** | **Lloyds Banking Group PLC** | **Lloyds Banking Group PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 01/11/27  | 200000 | 197634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.99%, 08/07/27 *(a)(b)* | 200000 | 202830 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.46%, 01/05/28 *(a)(b)* | 250000 | 252885 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 03/18/28 *(a)(b)* | 200000 | 196794 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/22/28  | 300000 | 298293 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 08/16/28  | 200000 | 199140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.57%, 11/07/28 *(a)(b)* | 400000 | 389404 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.09%, 11/26/28 *(a)(b)* | 200000 | 201882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.87%, 03/06/29 *(a)(b)* | 200000 | 206020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.72%, 06/05/30 *(a)(b)* | 300000 | 309711 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.98%, 08/11/33 *(a)(b)* | 200000 | 196202 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.95%, 11/15/33 *(a)(b)* | 200000 | 227386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.68%, 01/05/35 *(a)(b)* | 250000 | 252852 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.59%, 11/26/35 *(a)(b)* | 200000 | 200208 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 12/01/45  | 200000 | 180626 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.37%, 12/14/46 *(a)(b)* | 200000 | 139488 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.34%, 01/09/48  | 300000 | 230727 |
| **M&T Bank Corp.** | **M&T Bank Corp.** | **M&T Bank Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.83%, 01/16/29 *(a)(b)* | 100000 | 100221 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.41%, 10/30/29 *(a)(b)* | 200000 | 215978 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.08%, 03/13/32 *(a)(b)* | 200000 | 208214 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 01/27/34 *(a)(b)* | 250000 | 242293 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.39%, 01/16/36 *(a)(b)* | 200000 | 195068 |
| **Manufacturers & Traders Trust Co.** | **Manufacturers & Traders Trust Co.** | **Manufacturers & Traders Trust Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 01/27/28 *(a)* | 250000 | 251045 |
| **Mitsubishi UFJ Financial Group, Inc.** | **Mitsubishi UFJ Financial Group, Inc.** | **Mitsubishi UFJ Financial Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.76%, 09/13/26  | 200000 | 195748 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.68%, 02/22/27  | 200000 | 197568 |

---

**7**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.54%, 07/20/27 *(a)(b)* | 250000 | 241490 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.29%, 07/25/27  | 250000 | 244198 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.64%, 10/13/27 *(a)(b)* | 250000 | 240195 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.34%, 01/19/28 *(a)(b)* | 200000 | 192902 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.96%, 03/02/28  | 250000 | 247345 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.08%, 04/19/28 *(a)(b)* | 200000 | 198022 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.02%, 07/20/28 *(a)(b)* | 200000 | 201726 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 09/11/28  | 250000 | 247608 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 09/13/28 *(a)(b)* | 200000 | 203358 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.42%, 02/22/29 *(a)(b)* | 200000 | 204256 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.74%, 03/07/29  | 300000 | 292239 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.24%, 04/19/29 *(a)(b)* | 200000 | 203452 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 07/18/29  | 200000 | 189326 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.56%, 02/25/30  | 200000 | 181856 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.26%, 04/17/30 *(a)(b)* | 200000 | 203792 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 07/17/30  | 250000 | 219383 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 01/16/31 *(a)(b)* | 200000 | 203342 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.16%, 04/24/31 *(a)(b)* | 200000 | 202932 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.31%, 07/20/32 *(a)(b)* | 200000 | 172174 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.49%, 10/13/32 *(a)(b)* | 200000 | 172964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 01/19/33 *(a)(b)* | 200000 | 174478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.32%, 04/19/33 *(a)(b)* | 200000 | 190550 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 07/20/33 *(a)(b)* | 300000 | 299994 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.47%, 09/13/33 *(a)(b)* | 200000 | 203604 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.44%, 02/22/34 *(a)(b)* | 200000 | 202900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.41%, 04/19/34 *(a)(b)(c)* | 200000 | 202526 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.43%, 04/17/35 *(a)(b)* | 250000 | 251277 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.57%, 01/16/36 *(a)(b)* | 200000 | 202818 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.62%, 04/24/36 *(a)(b)* | 250000 | 254142 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.29%, 07/26/38  | 200000 | 181410 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 03/07/39  | 100000 | 89214 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 07/18/39  | 200000 | 168596 |
| **Mizuho Financial Group, Inc.** | **Mizuho Financial Group, Inc.** | **Mizuho Financial Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.84%, 09/13/26  | 200000 | 195940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.66%, 02/28/27  | 200000 | 196510 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.55%, 07/09/27 *(a)(b)* | 250000 | 241730 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.17%, 09/11/27  | 300000 | 291771 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.02%, 03/05/28  | 200000 | 197922 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.41%, 09/13/28 *(a)(b)* | 200000 | 203606 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.78%, 07/06/29 *(a)(b)* | 300000 | 309897 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 05/26/30 *(a)(b)* | 200000 | 204220 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 07/16/30 *(a)(b)* | 200000 | 187740 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 05/13/31 *(a)(b)* | 200000 | 202212 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.74%, 05/27/31 *(a)(b)* | 200000 | 207590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 07/10/31 *(a)(b)* | 250000 | 219783 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.98%, 09/08/31 *(a)(b)* | 250000 | 216178 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.56%, 09/13/31  | 200000 | 171700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.26%, 07/09/32 *(a)(b)* | 200000 | 171220 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.67%, 09/13/33 *(a)(b)* | 200000 | 204850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 05/27/34 *(a)(b)* | 200000 | 205478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 07/06/34 *(a)(b)* | 200000 | 205598 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.58%, 05/26/35 *(a)(b)* | 200000 | 202788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.59%, 07/10/35 *(a)(b)* | 200000 | 202964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.42%, 05/13/36 *(a)(b)* | 200000 | 200208 |
| **Morgan Stanley** | **Morgan Stanley** | **Morgan Stanley** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 07/27/26  | 600000 | 590946 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 08/09/26  | 112000 | 114321 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 09/08/26  | 400000 | 398456 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 01/20/27  | 550000 | 543570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 04/23/27  | 350000 | 346878 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.51%, 07/20/27 *(a)(b)* | 550000 | 530843 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.48%, 01/21/28 *(a)(b)* | 400000 | 386360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 04/13/28 *(a)(b)* | 300000 | 305553 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.21%, 04/20/28 *(a)(b)* | 475000 | 471684 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.59%, 07/22/28 *(a)(b)* | 600000 | 586536 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.30%, 10/18/28 *(a)(b)* | 400000 | 414764 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.77%, 01/24/29 *(a)(b)* | 550000 | 538384 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.12%, 02/01/29 *(a)(b)* | 500000 | 506075 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.16%, 04/20/29 *(a)(b)* | 500000 | 507330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 07/20/29 *(a)(b)* | 400000 | 409396 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.41%, 11/01/29 *(a)(b)* | 400000 | 421748 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.17%, 01/16/30 *(a)(b)* | 400000 | 406420 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.43%, 01/23/30 *(a)(b)* | 575000 | 570337 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.66%, 04/18/30 *(a)(b)* | 500000 | 516515 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.04%, 07/19/30 *(a)(b)* | 400000 | 404164 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 10/18/30 *(a)(b)* | 550000 | 546694 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.23%, 01/15/31 *(a)(b)* | 500000 | 507990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 01/22/31 *(a)(b)* | 650000 | 593534 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.62%, 04/01/31 *(a)(b)* | 600000 | 569214 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.19%, 04/17/31 *(a)(b)* | 450000 | 456700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.79%, 02/13/32 *(a)(b)* | 500000 | 421390 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 04/01/32  | 180000 | 205245 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.93%, 04/28/32 *(a)(b)* | 450000 | 380101 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.24%, 07/21/32 *(a)(b)* | 650000 | 554437 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.51%, 10/20/32 *(a)(b)* | 450000 | 387751 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.94%, 01/21/33 *(a)(b)* | 500000 | 439690 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.89%, 07/20/33 *(a)(b)* | 400000 | 394368 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.34%, 10/18/33 *(a)(b)* | 550000 | 588665 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 04/21/34 *(a)(b)* | 650000 | 650247 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.42%, 07/21/34 *(a)(b)* | 475000 | 479498 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 11/01/34 *(a)(b)* | 300000 | 325950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.47%, 01/18/35 *(a)(b)* | 450000 | 453028 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.83%, 04/19/35 *(a)(b)* | 575000 | 593204 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.32%, 07/19/35 *(a)(b)* | 600000 | 596928 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.59%, 01/18/36 *(a)(b)* | 600000 | 606390 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.66%, 04/17/36 *(a)(b)* | 500000 | 508885 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.48%, 09/16/36 *(a)(b)* | 575000 | 480430 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 04/20/37 *(a)(b)* | 350000 | 343231 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 01/19/38 *(a)(b)* | 400000 | 403796 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.97%, 07/22/38 *(a)(b)* | 400000 | 342560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.94%, 02/07/39 *(a)(b)* | 250000 | 252332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.46%, 04/22/39 *(a)(b)* | 200000 | 181428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.22%, 04/22/42 *(a)(b)* | 350000 | 257635 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 07/24/42  | 375000 | 401561 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 01/27/45  | 480000 | 399312 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 01/22/47  | 400000 | 331184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 03/24/51 *(a)(b)* | 350000 | 338905 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 01/25/52 *(a)(b)* | 350000 | 210830 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.52%, 11/19/55 *(a)(b)* | 550000 | 524403 |
| **Morgan Stanley Bank NA** | **Morgan Stanley Bank NA** | **Morgan Stanley Bank NA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 10/30/26 *(a)* | 250000 | 255022 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 10/15/27 *(a)(b)* | 300000 | 299829 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 01/14/28 *(a)(b)* | 250000 | 251517 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 05/26/28 *(a)(b)* | 350000 | 356359 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.97%, 07/14/28 *(a)(b)* | 250000 | 252150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.02%, 01/12/29 *(a)(b)* | 400000 | 404024 |
| **National Australia Bank Ltd.** | **National Australia Bank Ltd.** | **National Australia Bank Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 07/12/26  | 250000 | 245300 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.91%, 06/09/27  | 250000 | 248523 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.09%, 06/11/27  | 250000 | 254122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.94%, 01/12/28  | 250000 | 254660 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 06/13/28  | 250000 | 254875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.79%, 01/10/29  | 250000 | 254165 |
| **National Bank of Canada** | **National Bank of Canada** | **National Bank of Canada** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 02/01/28 *(a)(b)* | 250000 | 251117 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 12/18/28  | 250000 | 258347 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 10/10/29  | 250000 | 247730 |
| **NatWest Group PLC** | **NatWest Group PLC** | **NatWest Group PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.64%, 06/14/27 *(a)(b)* | 300000 | 290655 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.58%, 03/01/28 *(a)(b)* | 200000 | 202948 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.07%, 05/22/28 *(a)(b)* | 200000 | 193990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.52%, 09/30/28 *(a)(b)* | 200000 | 203312 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.89%, 05/18/29 *(a)(b)* | 300000 | 301194 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.81%, 09/13/29 *(a)(b)* | 200000 | 206344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.08%, 01/27/30 *(a)(b)* | 400000 | 402640 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 05/08/30 *(a)(b)* | 200000 | 196746 |

---

**8**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.96%, 08/15/30 *(a)(b)* | 250000 | 250667 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.12%, 05/23/31 *(a)(b)* | 200000 | 200916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.02%, 03/02/34 *(a)(b)* | 200000 | 208470 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.48%, 06/01/34 *(a)(b)* | 200000 | 207680 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.78%, 03/01/35 *(a)(b)* | 200000 | 203858 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.03%, 11/28/35 *(a)(b)* | 250000 | 221375 |
| **Northern Trust Corp.** | **Northern Trust Corp.** | **Northern Trust Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/10/27 *(a)* | 100000 | 99683 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 08/03/28 *(a)* | 100000 | 98312 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 05/03/29 *(a)* | 100000 | 95945 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 05/01/30 *(a)* | 200000 | 177438 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 11/02/32 *(a)* | 200000 | 212996 |
| **PNC Bank NA** | **PNC Bank NA** | **PNC Bank NA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 10/25/27 *(a)* | 250000 | 243000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 01/22/28 *(a)* | 250000 | 243183 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 07/26/28  | 250000 | 246465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 10/22/29  | 250000 | 230338 |
| **PNC Financial Services Group, Inc.** | **PNC Financial Services Group, Inc.** | **PNC Financial Services Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 07/23/26 *(a)* | 100000 | 98179 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.15%, 08/13/26 *(a)* | 150000 | 144312 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 05/19/27 *(a)* | 200000 | 195590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 07/23/27 *(a)(b)* | 200000 | 201188 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.62%, 10/20/27 *(a)(b)* | 250000 | 257067 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 01/21/28 *(a)(b)* | 200000 | 202360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 12/02/28 *(a)(b)* | 250000 | 254525 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 04/23/29 *(a)* | 250000 | 241310 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.58%, 06/12/29 *(a)(b)* | 400000 | 411760 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 01/22/30 *(a)* | 300000 | 274260 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.49%, 05/14/30 *(a)(b)* | 300000 | 308622 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.22%, 01/29/31 *(a)(b)* | 200000 | 203286 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 05/13/31 *(a)(b)* | 200000 | 200328 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.31%, 04/23/32 *(a)(b)* | 200000 | 172958 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.81%, 10/21/32 *(a)(b)* | 250000 | 246780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 06/06/33 *(a)(b)* | 150000 | 142401 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.04%, 10/28/33 *(a)(b)* | 250000 | 261807 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.07%, 01/24/34 *(a)(b)* | 250000 | 247378 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.94%, 08/18/34 *(a)(b)* | 150000 | 155513 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 10/20/34 *(a)(b)* | 400000 | 439652 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.68%, 01/22/35 *(a)(b)* | 250000 | 255285 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 07/23/35 *(a)(b)* | 250000 | 249733 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.58%, 01/29/36 *(a)(b)* | 300000 | 302625 |
| **Regions Financial Corp.** | **Regions Financial Corp.** | **Regions Financial Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.72%, 06/06/30 *(a)(b)* | 250000 | 255982 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 09/06/35 *(a)(b)* | 200000 | 196398 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.38%, 12/10/37  | 100000 | 110196 |
| **Royal Bank of Canada** | **Royal Bank of Canada** | **Royal Bank of Canada** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.15%, 07/14/26  | 150000 | 144878 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 07/20/26  | 150000 | 151455 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.40%, 11/02/26  | 200000 | 192192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 01/19/27  | 200000 | 201782 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 01/21/27  | 100000 | 96542 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 05/04/27  | 200000 | 197456 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.07%, 07/23/27 *(a)(b)* | 200000 | 201366 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.24%, 08/03/27  | 250000 | 249533 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.51%, 10/18/27 *(a)(b)* | 125000 | 125080 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 11/01/27  | 250000 | 259180 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 01/12/28  | 150000 | 152171 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.72%, 03/27/28 *(a)(b)* | 200000 | 200752 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 08/01/28  | 200000 | 204728 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.52%, 10/18/28 *(a)(b)* | 150000 | 149919 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.97%, 01/24/29 *(a)(b)* | 300000 | 302991 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 02/01/29  | 200000 | 203692 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.97%, 08/02/30 *(a)(b)* | 300000 | 302433 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 10/18/30 *(a)(b)* | 350000 | 348635 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 02/04/31 *(a)(b)* | 300000 | 304641 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.97%, 05/02/31 *(a)(b)* | 175000 | 176481 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 11/03/31  | 250000 | 216728 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 05/04/32  | 250000 | 236078 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/33  | 300000 | 300972 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/02/33  | 150000 | 150336 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 02/01/34  | 200000 | 202014 |
| **Santander Holdings USA, Inc.** | **Santander Holdings USA, Inc.** | **Santander Holdings USA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.24%, 10/05/26 *(a)(d)* | 150000 | 147092 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 07/13/27 *(a)* | 150000 | 148802 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.49%, 01/06/28 *(a)(b)* | 150000 | 144186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 03/09/29 *(a)(b)* | 200000 | 207128 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.47%, 03/20/29 *(a)(b)* | 150000 | 151229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.57%, 06/12/29 *(a)(b)* | 100000 | 103798 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.17%, 01/09/30 *(a)(b)* | 200000 | 206274 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 09/06/30 *(a)(b)* | 200000 | 201176 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.74%, 03/20/31 *(a)(b)* | 150000 | 151716 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.66%, 11/09/31 *(a)(b)* | 100000 | 110187 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.34%, 05/31/35 *(a)(b)* | 150000 | 153813 |
| **Santander U.K. Group Holdings PLC** | **Santander U.K. Group Holdings PLC** | **Santander U.K. Group Holdings PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.67%, 06/14/27 *(a)(b)* | 300000 | 289929 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.47%, 01/11/28 *(a)(b)* | 200000 | 192284 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.82%, 11/03/28 *(a)(b)* | 250000 | 243215 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.53%, 01/10/29 *(a)(b)* | 200000 | 207656 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.69%, 04/15/31 *(a)(b)* | 200000 | 204740 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 03/15/32 *(a)(b)* | 200000 | 176048 |
| **State Street Bank & Trust Co.** | **State Street Bank & Trust Co.** | **State Street Bank & Trust Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.59%, 11/25/26  | 250000 | 251272 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.78%, 11/23/29  | 250000 | 253107 |
| **State Street Corp.** | **State Street Corp.** | **State Street Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.27%, 08/03/26 *(a)* | 150000 | 151433 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.99%, 03/18/27 *(a)* | 250000 | 253100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.33%, 10/22/27 *(a)* | 200000 | 200364 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.68%, 11/18/27 *(a)(b)* | 100000 | 96266 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 02/07/28 *(a)(b)* | 100000 | 96429 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.54%, 02/28/28 *(a)* | 250000 | 251985 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.82%, 11/04/28 *(a)(b)* | 100000 | 103327 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.53%, 02/20/29 *(a)(b)* | 200000 | 200684 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.68%, 11/21/29 *(a)(b)* | 250000 | 260017 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.14%, 12/03/29 *(a)(b)* | 100000 | 99064 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 01/24/30  | 100000 | 91993 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.83%, 04/24/30 *(a)* | 200000 | 201786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 03/03/31  | 200000 | 174168 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 03/30/31 *(a)(b)* | 100000 | 93784 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.68%, 10/22/32 *(a)(b)* | 150000 | 148599 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.62%, 02/07/33 *(a)(b)* | 100000 | 87034 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.42%, 05/13/33 *(a)(b)* | 100000 | 97272 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.16%, 08/04/33 *(a)(b)* | 100000 | 94730 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.82%, 01/26/34 *(a)(b)* | 150000 | 147302 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.16%, 05/18/34 *(a)(b)* | 200000 | 201724 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.03%, 11/01/34 *(a)(b)* | 100000 | 91175 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.12%, 11/21/34 *(a)(b)* | 100000 | 104455 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 02/28/36 *(a)(b)* | 150000 | 149328 |
| **Sumitomo Mitsui Financial Group, Inc.** | **Sumitomo Mitsui Financial Group, Inc.** | **Sumitomo Mitsui Financial Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 07/13/26  | 200000 | 202954 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 07/14/26  | 400000 | 392040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.40%, 09/17/26  | 250000 | 240315 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.01%, 10/19/26  | 250000 | 245115 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 01/11/27  | 200000 | 197014 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.17%, 01/14/27  | 200000 | 192928 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.36%, 07/12/27  | 200000 | 195932 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 10/18/27  | 250000 | 244020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.52%, 01/13/28  | 250000 | 256777 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 07/13/28  | 200000 | 207418 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.94%, 07/19/28  | 250000 | 246415 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.72%, 09/14/28  | 200000 | 207102 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 09/17/28  | 200000 | 184090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.31%, 10/16/28  | 100000 | 99551 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.47%, 01/14/29  | 200000 | 186126 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.32%, 07/09/29  | 200000 | 204994 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.04%, 07/16/29  | 200000 | 188110 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.72%, 09/27/29  | 200000 | 185058 |

---

**9**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.71%, 01/13/30  | 200000 | 208370 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 01/15/30  | 200000 | 183978 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.24%, 04/15/30  | 200000 | 204440 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 07/08/30  | 300000 | 264822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 07/13/30  | 200000 | 209716 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.14%, 09/23/30  | 150000 | 130697 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.71%, 01/12/31  | 200000 | 169570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.42%, 07/09/31  | 200000 | 205674 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.22%, 09/17/31  | 200000 | 171674 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.77%, 01/13/33  | 250000 | 259430 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.78%, 07/13/33  | 200000 | 207236 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.81%, 09/14/33 *(c)* | 200000 | 209224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.56%, 07/09/34  | 250000 | 255267 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 01/15/35  | 200000 | 204692 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.93%, 09/17/41  | 150000 | 106326 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 01/14/42  | 200000 | 145970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.18%, 07/13/43  | 200000 | 209838 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.84%, 07/09/44  | 200000 | 199946 |
| **Synchrony Financial** | **Synchrony Financial** | **Synchrony Financial** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 08/04/26 *(a)* | 200000 | 197084 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 12/01/27 *(a)* | 200000 | 194580 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 03/19/29 *(a)* | 150000 | 148824 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.94%, 08/02/30 *(a)(b)* | 125000 | 126774 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 10/28/31 *(a)* | 100000 | 84830 |
| **Synovus Bank** | **Synovus Bank** | **Synovus Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 02/15/28 *(a)* | 250000 | 251230 |
| **Toronto-Dominion Bank** | **Toronto-Dominion Bank** | **Toronto-Dominion Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.20%, 06/03/26  | 250000 | 242040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.53%, 07/17/26  | 300000 | 303330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 09/10/26  | 300000 | 288048 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.26%, 12/11/26  | 100000 | 101148 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.57%, 12/17/26  | 250000 | 250385 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 01/12/27  | 100000 | 96186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 03/10/27  | 250000 | 243190 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.98%, 04/05/27  | 150000 | 151326 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.11%, 06/08/27  | 275000 | 273036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.69%, 09/15/27  | 300000 | 301404 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.16%, 01/10/28  | 250000 | 254255 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.86%, 01/31/28  | 200000 | 201978 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.52%, 07/17/28  | 200000 | 206052 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.99%, 04/05/29  | 200000 | 203038 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.78%, 12/17/29  | 200000 | 200850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 09/10/31  | 150000 | 129134 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 09/15/31 *(a)(b)* | 300000 | 294642 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 01/12/32  | 100000 | 86233 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 01/30/32  | 150000 | 152198 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 03/10/32  | 250000 | 224025 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.46%, 06/08/32  | 400000 | 387912 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 09/10/34 *(a)(b)* | 200000 | 198700 |
| **Truist Bank** | **Truist Bank** | **Truist Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 03/11/30 *(a)* | 250000 | 221215 |
| **Truist Financial Corp.** | **Truist Financial Corp.** | **Truist Financial Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 06/08/27 *(a)(b)* | 300000 | 303948 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 08/03/27 *(a)* | 250000 | 233700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.12%, 06/06/28 *(a)(b)* | 150000 | 148827 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.87%, 01/26/29 *(a)(b)* | 250000 | 251467 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 03/19/29 *(a)* | 100000 | 97062 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.89%, 06/07/29 *(a)(b)* | 250000 | 231153 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.16%, 10/30/29 *(a)(b)* | 300000 | 322950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.44%, 01/24/30 *(a)(b)* | 350000 | 358022 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 06/05/30 *(a)* | 100000 | 87433 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.07%, 05/20/31 *(a)(b)* | 200000 | 201090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 08/05/32 *(a)(b)* | 200000 | 200992 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.92%, 07/28/33 *(a)(b)* | 200000 | 192198 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.12%, 10/28/33 *(a)(b)* | 150000 | 156846 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.12%, 01/26/34 *(a)(b)* | 350000 | 343360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.87%, 06/08/34 *(a)(b)* | 300000 | 307725 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.71%, 01/24/35 *(a)(b)* | 450000 | 457560 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **U.S. Bancorp** | **U.S. Bancorp** | **U.S. Bancorp** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 07/22/26 *(a)* | 200000 | 196032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 04/27/27 *(a)* | 300000 | 293766 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.79%, 10/26/27 *(a)(b)* | 200000 | 205978 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.22%, 01/27/28 *(a)(b)* | 250000 | 240775 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 04/26/28 *(a)* | 250000 | 247660 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 07/22/28 *(a)(b)* | 250000 | 249820 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 02/01/29 *(a)(b)* | 300000 | 300582 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.78%, 06/12/29 *(a)(b)* | 300000 | 309735 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 07/30/29 *(a)* | 150000 | 140636 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 01/23/30 *(a)(b)* | 250000 | 255842 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 07/22/30 *(a)* | 250000 | 213105 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 07/23/30 *(a)(b)* | 200000 | 202602 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 02/12/31 *(a)(b)* | 300000 | 302346 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.08%, 05/15/31 *(a)(b)* | 200000 | 201770 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.68%, 01/27/33 *(a)(b)* | 150000 | 129452 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.97%, 07/22/33 *(a)(b)* | 200000 | 194632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 10/21/33 *(a)(b)* | 250000 | 259105 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.84%, 02/01/34 *(a)(b)* | 350000 | 339829 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.84%, 06/12/34 *(a)(b)* | 300000 | 309993 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.68%, 01/23/35 *(a)(b)* | 400000 | 407892 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.42%, 02/12/36 *(a)(b)* | 300000 | 299559 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.49%, 11/03/36 *(a)(b)* | 250000 | 208055 |
| **U.S. Bank NA** | **U.S. Bank NA** | **U.S. Bank NA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.51%, 10/22/27 *(a)(b)* | 250000 | 249750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.73%, 05/15/28 *(a)(b)* | 250000 | 250295 |
| **UBS AG** | **UBS AG** | **UBS AG** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 06/01/26  | 200000 | 193818 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 08/07/26  | 250000 | 240880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/09/27  | 250000 | 252827 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.86%, 01/10/28 *(a)(b)* | 250000 | 251297 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 02/15/28  | 400000 | 430136 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 09/11/28  | 250000 | 259155 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 06/26/48  | 200000 | 167388 |
| **UBS Group AG** | **UBS Group AG** | **UBS Group AG** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 05/15/45  | 250000 | 218568 |
| **Wachovia Corp.** | **Wachovia Corp.** | **Wachovia Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.57%, 08/01/26 *(e)* | 75000 | 77378 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 08/01/35  | 130000 | 129524 |
| **Webster Financial Corp.** | **Webster Financial Corp.** | **Webster Financial Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 03/25/29 *(a)* | 50000 | 48538 |
| **Wells Fargo & Co.** | **Wells Fargo & Co.** | **Wells Fargo & Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 06/03/26  | 450000 | 447673 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 10/23/26  | 650000 | 637065 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 06/17/27 *(a)(b)* | 400000 | 394320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 07/22/27  | 480000 | 477898 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 01/24/28 *(a)(b)* | 400000 | 401576 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.53%, 03/24/28 *(a)(b)* | 725000 | 711058 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.71%, 04/22/28 *(a)(b)* | 600000 | 611274 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.58%, 05/22/28 *(a)(b)* | 500000 | 490200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.39%, 06/02/28 *(a)(b)* | 650000 | 622232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.81%, 07/25/28 *(a)(b)* | 400000 | 401184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 01/24/29 *(a)* | 475000 | 469167 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.97%, 04/23/29 *(a)(b)* | 400000 | 403200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.57%, 07/25/29 *(a)(b)* | 750000 | 769560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.30%, 10/23/29 *(a)(b)* | 550000 | 577500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.95%, 11/15/29  | 100000 | 111369 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 01/23/30 *(a)(b)* | 500000 | 508525 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 10/30/30 *(a)(b)* | 600000 | 554304 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.24%, 01/24/31 *(a)(b)* | 600000 | 609384 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.57%, 02/11/31 *(a)(b)* | 550000 | 497249 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.48%, 04/04/31 *(a)(b)* | 475000 | 467547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 04/23/31 *(a)(b)* | 400000 | 405060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 03/02/33 *(a)(b)* | 700000 | 628761 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 07/25/33 *(a)(b)* | 750000 | 737655 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.39%, 04/24/34 *(a)(b)* | 700000 | 703276 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.56%, 07/25/34 *(a)(b)* | 850000 | 861424 |

---

**10**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.49%, 10/23/34 *(a)(b)* | 600000 | 644022 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/23/35 *(a)(b)* | 575000 | 578611 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 02/07/35  | 100000 | 102602 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.21%, 12/03/35 *(a)(b)* | 500000 | 490990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.61%, 04/23/36 *(a)(b)* | 500000 | 506200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.07%, 04/30/41 *(a)(b)* | 700000 | 513506 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 11/02/43  | 300000 | 277053 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.61%, 01/15/44  | 450000 | 424746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 11/04/44  | 300000 | 249663 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 05/01/45  | 330000 | 254176 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 11/17/45  | 350000 | 299264 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 06/14/46  | 400000 | 317236 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 12/07/46  | 300000 | 248688 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.01%, 04/04/51 *(a)(b)* | 1000000 | 879530 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.61%, 04/25/53 *(a)(b)* | 600000 | 494124 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 12/01/86  | 150000 | 149588 |
| **Wells Fargo Bank NA** | **Wells Fargo Bank NA** | **Wells Fargo Bank NA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 08/07/26 *(a)* | 400000 | 404528 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 12/11/26 *(a)* | 350000 | 354564 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 08/26/36  | 250000 | 256132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 02/01/37  | 250000 | 254405 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.60%, 01/15/38  | 250000 | 270977 |
| **Westpac Banking Corp.** | **Westpac Banking Corp.** | **Westpac Banking Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.15%, 06/03/26  | 250000 | 242298 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 08/19/26  | 200000 | 196454 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 10/20/26  | 150000 | 150815 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 03/08/27  | 150000 | 147804 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.04%, 08/26/27  | 200000 | 199616 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.46%, 11/18/27  | 200000 | 205754 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 01/25/28  | 250000 | 245198 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.54%, 11/17/28  | 250000 | 260505 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 11/20/28  | 200000 | 185288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 04/16/29  | 150000 | 153885 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 01/16/30  | 100000 | 92890 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 06/03/31  | 250000 | 219878 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.32%, 11/23/31 *(a)(b)* | 250000 | 247545 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.41%, 08/10/33 *(a)(b)* | 250000 | 249343 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.82%, 11/17/33  | 150000 | 163290 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.11%, 07/24/34 *(a)(b)* | 250000 | 239715 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.67%, 11/15/35 *(a)(b)* | 250000 | 218163 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.62%, 11/20/35 *(a)(b)* | 250000 | 248295 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.02%, 11/18/36 *(a)(b)* | 200000 | 173048 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.42%, 07/24/39  | 200000 | 177234 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.96%, 11/16/40  | 200000 | 144804 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 11/18/41  | 200000 | 141060 |
| **Zions Bancorp NA** | **Zions Bancorp NA** | **Zions Bancorp NA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 10/29/29 *(a)* | 250000 | 225758 |
|  |  | **296486833** |
| ***Brokerage/Asset Managers/Exchanges 0.4%***  | ***Brokerage/Asset Managers/Exchanges 0.4%***  | ***Brokerage/Asset Managers/Exchanges 0.4%***  |
| **Affiliated Managers Group, Inc.** | **Affiliated Managers Group, Inc.** | **Affiliated Managers Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 06/15/30 *(a)* | 150000 | 140018 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 08/20/34 *(a)* | 75000 | 73592 |
| **Ameriprise Financial, Inc.** | **Ameriprise Financial, Inc.** | **Ameriprise Financial, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 09/15/26 *(a)* | 200000 | 196408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 12/15/28 *(a)* | 150000 | 156399 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/13/32 *(a)* | 100000 | 98030 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 05/15/33 *(a)* | 150000 | 151384 |
| **Apollo Global Management, Inc.** | **Apollo Global Management, Inc.** | **Apollo Global Management, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 11/15/33 *(a)* | 100000 | 107489 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 05/21/54 *(a)* | 150000 | 143738 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 12/15/54 *(a)(b)* | 75000 | 71911 |
| **Ares Management Corp.** | **Ares Management Corp.** | **Ares Management Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 11/10/28 *(a)* | 100000 | 105434 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 10/11/54 *(a)* | 125000 | 114224 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **BGC Group, Inc.** | **BGC Group, Inc.** | **BGC Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 05/25/28 *(a)* | 75000 | 79697 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.60%, 06/10/29 *(a)* | 100000 | 102790 |
| **BlackRock Funding, Inc.** | **BlackRock Funding, Inc.** | **BlackRock Funding, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 07/26/27 *(a)* | 150000 | 151302 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 03/14/29 *(a)* | 100000 | 101647 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/14/34 *(a)* | 200000 | 202124 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 01/08/35 *(a)* | 100000 | 99694 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/14/54 *(a)* | 300000 | 281127 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 01/08/55 *(a)* | 200000 | 190180 |
| **BlackRock, Inc.** | **BlackRock, Inc.** | **BlackRock, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 03/15/27  | 100000 | 98447 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 04/30/29 *(a)* | 250000 | 241677 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 04/30/30 *(a)* | 200000 | 182614 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 01/28/31 *(a)* | 250000 | 217740 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 02/25/32 *(a)* | 200000 | 170472 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 05/25/33 *(a)* | 200000 | 200058 |
| **Blackstone Reg Finance Co. LLC** | **Blackstone Reg Finance Co. LLC** | **Blackstone Reg Finance Co. LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/06/34 *(a)* | 150000 | 146501 |
| **Blue Owl Finance LLC** | **Blue Owl Finance LLC** | **Blue Owl Finance LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 06/10/31 *(a)* | 125000 | 109249 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 02/15/32 *(a)* | 75000 | 68822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 04/18/34 *(a)* | 200000 | 203198 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 10/07/51 *(a)* | 75000 | 49949 |
| **Brookfield Capital Finance LLC** | **Brookfield Capital Finance LLC** | **Brookfield Capital Finance LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.09%, 06/14/33 *(a)* | 75000 | 78250 |
| **Brookfield Finance I U.K. PLC/Brookfield Finance, Inc.** | **Brookfield Finance I U.K. PLC/Brookfield Finance, Inc.** | **Brookfield Finance I U.K. PLC/Brookfield Finance, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.34%, 01/30/32 *(a)* | 125000 | 104843 |
| **Brookfield Finance LLC/Brookfield Finance, Inc.** | **Brookfield Finance LLC/Brookfield Finance, Inc.** | **Brookfield Finance LLC/Brookfield Finance, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 04/15/50 *(a)* | 100000 | 65452 |
| **Brookfield Finance, Inc.** | **Brookfield Finance, Inc.** | **Brookfield Finance, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 06/02/26 *(a)* | 100000 | 99646 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 01/25/28 *(a)* | 200000 | 196556 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 03/29/29 *(a)* | 150000 | 150288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 04/15/30 *(a)* | 150000 | 146533 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.72%, 04/15/31 *(a)* | 100000 | 89006 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 01/05/34 *(a)* | 200000 | 211672 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.68%, 01/15/35 *(a)* | 75000 | 75782 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 09/20/47 *(a)* | 175000 | 144636 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/30/51 *(a)* | 150000 | 98562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 02/15/52 *(a)* | 100000 | 66995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.97%, 03/04/54 *(a)* | 150000 | 145380 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.81%, 03/03/55 *(a)* | 75000 | 71189 |
| **Cboe Global Markets, Inc.** | **Cboe Global Markets, Inc.** | **Cboe Global Markets, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 01/12/27 *(a)* | 100000 | 98717 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 12/15/30 *(a)* | 200000 | 170858 |
| **Charles Schwab Corp.** | **Charles Schwab Corp.** | **Charles Schwab Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 08/24/26 *(a)(f)* | 150000 | 152427 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 03/02/27 *(a)(f)* | 100000 | 98146 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 03/03/27 *(a)(f)* | 240000 | 232459 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 04/01/27 *(a)(f)* | 100000 | 98297 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 01/25/28 *(a)(f)* | 100000 | 97391 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 03/20/28 *(a)(f)* | 200000 | 188466 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/01/29 *(a)(f)* | 75000 | 74342 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.64%, 05/19/29 *(a)(b)(f)* | 190000 | 196832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/22/29 *(a)(f)* | 75000 | 72011 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 10/01/29 *(a)(f)* | 50000 | 46600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 11/17/29 *(a)(b)(f)* | 200000 | 211556 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 03/22/30 *(a)(f)* | 50000 | 50593 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 03/11/31 *(a)(f)* | 100000 | 84598 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 05/13/31 *(a)(f)* | 100000 | 87736 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 12/01/31 *(a)(f)* | 125000 | 105035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 03/03/32 *(a)(f)* | 150000 | 132437 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 05/19/34 *(a)(b)(f)* | 225000 | 234621 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.14%, 08/24/34 *(a)(b)(f)* | 225000 | 239166 |

---

**11**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **CI Financial Corp.** | **CI Financial Corp.** | **CI Financial Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 12/17/30 *(a)* | 200000 | 174580 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 06/15/51 *(a)* | 75000 | 52011 |
| **CME Group, Inc.** | **CME Group, Inc.** | **CME Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 06/15/28 *(a)* | 100000 | 98888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 03/15/32 *(a)* | 200000 | 177086 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 09/15/43 *(a)* | 200000 | 196372 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 06/15/48 *(a)* | 100000 | 82082 |
| **Eaton Vance Corp.** | **Eaton Vance Corp.** | **Eaton Vance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/06/27 *(a)* | 50000 | 49237 |
| **Franklin Resources, Inc.** | **Franklin Resources, Inc.** | **Franklin Resources, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.60%, 10/30/30 *(a)* | 150000 | 127944 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 08/12/51 *(a)* | 100000 | 59615 |
| **HA Sustainable Infrastructure Capital, Inc.** | **HA Sustainable Infrastructure Capital, Inc.** | **HA Sustainable Infrastructure Capital, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 07/01/34 *(a)* | 200000 | 195608 |
| **Intercontinental Exchange, Inc.** | **Intercontinental Exchange, Inc.** | **Intercontinental Exchange, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 09/15/27 *(a)* | 100000 | 97464 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 09/15/27 *(a)* | 300000 | 297687 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 09/01/28 *(a)* | 175000 | 170761 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/21/28 *(a)* | 100000 | 98022 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 06/15/29 *(a)* | 250000 | 249470 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 06/15/30 *(a)* | 250000 | 222675 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/15/31 *(a)* | 150000 | 154755 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.85%, 09/15/32 *(a)* | 250000 | 205007 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 03/15/33 *(a)* | 275000 | 270460 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 09/15/40 *(a)* | 250000 | 178112 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 09/21/48 *(a)* | 225000 | 181325 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 06/15/50 *(a)* | 225000 | 143253 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 06/15/52 *(a)* | 325000 | 287157 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 09/15/60 *(a)* | 250000 | 148065 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 06/15/62 *(a)* | 200000 | 181000 |
| **Invesco Finance PLC** | **Invesco Finance PLC** | **Invesco Finance PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 11/30/43  | 100000 | 92457 |
| **Janus Henderson U.S. Holdings, Inc.** | **Janus Henderson U.S. Holdings, Inc.** | **Janus Henderson U.S. Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 09/10/34 *(a)* | 100000 | 96659 |
| **Jefferies Financial Group, Inc.** | **Jefferies Financial Group, Inc.** | **Jefferies Financial Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 01/15/27  | 150000 | 150753 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.45%, 06/08/27  | 100000 | 103544 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 07/21/28 *(a)* | 200000 | 205484 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 01/23/30  | 175000 | 168999 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 10/15/31 *(a)* | 200000 | 170856 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 10/15/32 *(a)* | 100000 | 82816 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 04/14/34 *(a)* | 250000 | 255330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 01/15/36  | 100000 | 101913 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 01/20/43  | 50000 | 50451 |
| **Lazard Group LLC** | **Lazard Group LLC** | **Lazard Group LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 09/19/28 *(a)* | 150000 | 148507 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/11/29 *(a)* | 150000 | 146932 |
| **Legg Mason, Inc.** | **Legg Mason, Inc.** | **Legg Mason, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 01/15/44  | 75000 | 72230 |
| **LPL Holdings, Inc.** | **LPL Holdings, Inc.** | **LPL Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 05/20/27 *(a)* | 100000 | 101691 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 04/03/28 *(a)* | 75000 | 75152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 11/17/28 *(a)* | 150000 | 159381 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 03/15/30 *(a)* | 150000 | 150913 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 06/15/30 *(a)* | 75000 | 75246 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 05/20/34 *(a)* | 100000 | 101646 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 03/15/35 *(a)* | 95000 | 93834 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 06/15/35 *(a)* | 75000 | 74568 |
| **Marex Group PLC** | **Marex Group PLC** | **Marex Group PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.83%, 05/08/28 *(a)* | 100000 | 100510 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 11/04/29 *(a)* | 100000 | 101977 |
| **Nasdaq, Inc.** | **Nasdaq, Inc.** | **Nasdaq, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 06/30/26 *(a)* | 150000 | 149176 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 06/28/28 *(a)* | 175000 | 179622 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 01/15/31 *(a)* | 100000 | 85253 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 02/15/34 *(a)* | 200000 | 205174 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 12/21/40 *(a)* | 150000 | 101112 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 04/28/50 *(a)* | 100000 | 65306 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 03/07/52 *(a)* | 100000 | 72229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 08/15/53 *(a)* | 125000 | 123994 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 06/28/63 *(a)* | 175000 | 173271 |
| **Nomura Holdings, Inc.** | **Nomura Holdings, Inc.** | **Nomura Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 07/14/26  | 200000 | 193276 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.33%, 01/22/27  | 250000 | 240472 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.59%, 07/02/27  | 200000 | 203134 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.07%, 07/12/28  | 200000 | 207756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.17%, 07/14/28  | 200000 | 185406 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.61%, 07/06/29  | 200000 | 205100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 01/16/30  | 200000 | 184964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.61%, 07/14/31  | 200000 | 174020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 01/22/32  | 200000 | 174394 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.18%, 01/18/33  | 200000 | 210090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.09%, 07/12/33  | 200000 | 209180 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.78%, 07/03/34  | 200000 | 204084 |
| **Raymond James Financial, Inc.** | **Raymond James Financial, Inc.** | **Raymond James Financial, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 04/01/30 *(a)* | 100000 | 100815 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 07/15/46  | 150000 | 132026 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/01/51 *(a)* | 150000 | 106820 |
| **Stifel Financial Corp.** | **Stifel Financial Corp.** | **Stifel Financial Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/15/30 *(a)* | 100000 | 95050 |
| **TPG Operating Group II LP** | **TPG Operating Group II LP** | **TPG Operating Group II LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 03/05/34 *(a)* | 100000 | 101124 |
|  |  | **19736326** |
| ***Finance Companies 0.4%***  | ***Finance Companies 0.4%***  | ***Finance Companies 0.4%***  |
| **AerCap Ireland Capital DAC/AerCap Global Aviation Trust** | **AerCap Ireland Capital DAC/AerCap Global Aviation Trust** | **AerCap Ireland Capital DAC/AerCap Global Aviation Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 10/29/26 *(a)* | 600000 | 581502 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 01/15/27 *(a)* | 150000 | 152992 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.45%, 04/15/27 *(a)* | 200000 | 205928 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 07/21/27 *(a)* | 250000 | 244520 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 10/15/27 *(a)* | 150000 | 149623 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 01/23/28 *(a)* | 150000 | 146703 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 04/01/28 *(a)* | 100000 | 100544 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 06/06/28 *(a)* | 200000 | 205584 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 10/29/28 *(a)* | 600000 | 566646 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 01/19/29 *(a)* | 150000 | 151483 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 09/10/29 *(a)* | 200000 | 198334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 09/30/30 *(a)* | 150000 | 158554 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 12/15/31 *(a)* | 250000 | 252007 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 01/30/32 *(a)* | 700000 | 621817 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 10/29/33 *(a)* | 300000 | 258501 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 01/19/34 *(a)* | 150000 | 148323 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 09/10/34 *(a)* | 200000 | 192126 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 10/29/41 *(a)* | 150000 | 116535 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 03/10/55 *(a)(b)* | 150000 | 154059 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 01/31/56 *(a)(b)* | 150000 | 148519 |
| **Air Lease Corp.** | **Air Lease Corp.** | **Air Lease Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 06/01/26 *(a)* | 150000 | 148830 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 06/25/26  | 100000 | 100685 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 08/15/26 *(a)* | 250000 | 241817 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 01/15/27 *(a)* | 150000 | 144561 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 04/01/27 *(a)* | 100000 | 98564 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 12/01/27 *(a)* | 150000 | 146853 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 12/15/27 *(a)* | 150000 | 154455 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 10/01/28 *(a)* | 100000 | 100078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 03/01/29 *(a)* | 150000 | 152482 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 10/01/29 *(a)* | 100000 | 94429 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 02/01/30 *(a)* | 100000 | 92751 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 12/01/30 *(a)* | 150000 | 137169 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 07/15/31 *(a)* | 100000 | 101212 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 01/15/32 *(a)* | 150000 | 131472 |

---

**12**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Aircastle Ltd.** | **Aircastle Ltd.** | **Aircastle Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 06/15/26 *(a)* | 100000 | 99291 |
| **Apollo Debt Solutions BDC** | **Apollo Debt Solutions BDC** | **Apollo Debt Solutions BDC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.90%, 04/13/29 *(a)* | 125000 | 129658 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.70%, 07/29/31 *(a)* | 200000 | 205914 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55%, 03/15/32 *(a)(d)* | 100000 | 101112 |
| **Ares Capital Corp.** | **Ares Capital Corp.** | **Ares Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 03/08/32 *(a)* | 150000 | 147840 |
| **ARES Capital Corp.** | **ARES Capital Corp.** | **ARES Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 07/15/26 *(a)* | 150000 | 145431 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 01/15/27  | 200000 | 206228 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 06/15/27 *(a)* | 100000 | 96064 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 06/15/28 *(a)* | 200000 | 186826 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 03/01/29 *(a)* | 150000 | 152068 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 07/15/29 *(a)* | 150000 | 152635 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 11/15/31 *(a)* | 150000 | 129264 |
| **ARES Strategic Income Fund** | **ARES Strategic Income Fund** | **ARES Strategic Income Fund** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 03/15/28 *(a)* | 200000 | 200240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 08/15/29 *(a)* | 125000 | 126703 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 02/15/30 *(a)* | 125000 | 122970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 03/21/32 *(a)* | 100000 | 99144 |
| **Bain Capital Specialty Finance, Inc.** | **Bain Capital Specialty Finance, Inc.** | **Bain Capital Specialty Finance, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 10/13/26 *(a)* | 100000 | 96156 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 03/15/30 *(a)* | 75000 | 73916 |
| **Barings BDC, Inc.** | **Barings BDC, Inc.** | **Barings BDC, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 11/23/26 *(a)* | 100000 | 97066 |
| **BlackRock TCP Capital Corp.** | **BlackRock TCP Capital Corp.** | **BlackRock TCP Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 05/30/29 *(a)* | 75000 | 75977 |
| **Blackstone Private Credit Fund** | **Blackstone Private Credit Fund** | **Blackstone Private Credit Fund** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 12/15/26 *(a)* | 200000 | 192742 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/15/27 *(a)* | 200000 | 193456 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 09/26/27 *(a)* | 175000 | 173218 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.30%, 11/27/28 *(a)* | 150000 | 158880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/15/29 *(a)* | 100000 | 95062 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 07/16/29 *(a)* | 100000 | 101043 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 11/22/29 *(a)* | 200000 | 198816 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 04/01/30 *(a)* | 75000 | 73438 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 11/22/34 *(a)* | 225000 | 216895 |
| **Blackstone Secured Lending Fund** | **Blackstone Secured Lending Fund** | **Blackstone Secured Lending Fund** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 09/16/26 *(a)* | 150000 | 145459 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 02/15/27 *(a)* | 100000 | 95064 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 11/15/27 *(a)* | 100000 | 101716 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 04/13/28 *(a)* | 100000 | 100248 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 09/30/28 *(a)* | 100000 | 92346 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 06/30/30 *(a)* | 75000 | 73753 |
| **Blue Owl Capital Corp.** | **Blue Owl Capital Corp.** | **Blue Owl Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 07/15/26 *(a)* | 200000 | 195858 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.45%, 11/15/26 *(a)* | 50000 | 51923 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 01/15/27 *(a)* | 100000 | 95638 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 04/13/27 *(a)* | 75000 | 71884 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 06/11/28 *(a)* | 150000 | 138498 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 03/15/29 *(a)* | 200000 | 200034 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 07/15/30 *(a)* | 100000 | 100554 |
| **Blue Owl Credit Income Corp.** | **Blue Owl Credit Income Corp.** | **Blue Owl Credit Income Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 09/23/26 *(a)* | 100000 | 96762 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.95%, 06/13/28 *(a)* | 125000 | 132345 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%, 01/15/29 *(a)* | 100000 | 105767 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.60%, 09/15/29 *(a)* | 275000 | 281256 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 03/15/30 *(a)* | 275000 | 272426 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.65%, 03/15/31 *(a)* | 150000 | 152758 |
| **Blue Owl Technology Finance Corp.** | **Blue Owl Technology Finance Corp.** | **Blue Owl Technology Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 01/15/27 *(a)* | 100000 | 94561 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 03/15/28 *(a)(d)* | 100000 | 99278 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 04/04/29 *(a)* | 125000 | 125924 |
| **Carlyle Secured Lending, Inc.** | **Carlyle Secured Lending, Inc.** | **Carlyle Secured Lending, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 02/18/30 *(a)* | 75000 | 75740 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Franklin BSP Capital Corp.** | **Franklin BSP Capital Corp.** | **Franklin BSP Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.20%, 06/15/29 *(a)* | 50000 | 50622 |
| **FS KKR Capital Corp.** | **FS KKR Capital Corp.** | **FS KKR Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 01/15/27 *(a)* | 100000 | 95380 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 07/15/27 *(a)* | 75000 | 71267 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 10/12/28 *(a)* | 150000 | 135911 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%, 01/15/29 *(a)* | 100000 | 104788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 08/15/29 *(a)* | 100000 | 101748 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 01/15/30 *(a)* | 125000 | 123169 |
| **GATX Corp.** | **GATX Corp.** | **GATX Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 09/15/26 *(a)* | 100000 | 98128 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 03/30/27 *(a)* | 50000 | 49285 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/15/28 *(a)* | 150000 | 145809 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 04/01/29 *(a)* | 150000 | 149914 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/30/30 *(a)* | 100000 | 95819 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 06/01/31 *(a)* | 100000 | 83819 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 06/01/32 *(a)* | 75000 | 67406 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/15/33 *(a)* | 75000 | 73022 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 03/15/34 *(a)* | 100000 | 104019 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.90%, 05/01/34 *(a)* | 100000 | 109272 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/15/35 *(a)* | 100000 | 99273 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 03/15/44 *(a)* | 75000 | 66971 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 06/01/51 *(a)* | 100000 | 60290 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 06/05/54 *(a)* | 75000 | 73094 |
| **Goldman Sachs BDC, Inc.** | **Goldman Sachs BDC, Inc.** | **Goldman Sachs BDC, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 03/11/27  | 75000 | 76532 |
| **Goldman Sachs Private Credit Corp.** | **Goldman Sachs Private Credit Corp.** | **Goldman Sachs Private Credit Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 05/06/30 *(a)(d)* | 100000 | 100917 |
| **Golub Capital BDC, Inc.** | **Golub Capital BDC, Inc.** | **Golub Capital BDC, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 08/24/26 *(a)* | 200000 | 193800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.05%, 12/05/28 *(a)* | 75000 | 78443 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 07/15/29 *(a)* | 100000 | 101247 |
| **Golub Capital Private Credit Fund** | **Golub Capital Private Credit Fund** | **Golub Capital Private Credit Fund** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 09/12/29 *(a)(d)* | 100000 | 99080 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 05/01/30 *(a)(d)* | 95000 | 94299 |
| **Hercules Capital, Inc.** | **Hercules Capital, Inc.** | **Hercules Capital, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 01/20/27 *(a)* | 100000 | 96480 |
| **HPS Corporate Lending Fund** | **HPS Corporate Lending Fund** | **HPS Corporate Lending Fund** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 01/14/28 *(a)* | 100000 | 99989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 01/30/29 *(a)* | 100000 | 103362 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 09/30/29 *(a)* | 75000 | 76206 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 04/14/32 *(a)* | 100000 | 98739 |
| **Main Street Capital Corp.** | **Main Street Capital Corp.** | **Main Street Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 07/14/26 *(a)* | 100000 | 97238 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 06/04/27 *(a)* | 50000 | 50980 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 03/01/29 *(a)* | 75000 | 77381 |
| **Morgan Stanley Direct Lending Fund** | **Morgan Stanley Direct Lending Fund** | **Morgan Stanley Direct Lending Fund** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/11/27 *(a)* | 100000 | 99093 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 05/17/29 *(a)* | 75000 | 76418 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 05/19/30 *(a)* | 100000 | 100446 |
| **MSD Investment Corp.** | **MSD Investment Corp.** | **MSD Investment Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 05/31/30 *(a)(d)* | 100000 | 98206 |
| **New Mountain Finance Corp.** | **New Mountain Finance Corp.** | **New Mountain Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 10/15/27  | 75000 | 75446 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 02/01/29 *(a)* | 75000 | 75846 |
| **Nuveen Churchill Direct Lending Corp.** | **Nuveen Churchill Direct Lending Corp.** | **Nuveen Churchill Direct Lending Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.65%, 03/15/30 *(a)* | 100000 | 101858 |
| **Oaktree Specialty Lending Corp.** | **Oaktree Specialty Lending Corp.** | **Oaktree Specialty Lending Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 01/15/27 *(a)* | 50000 | 47404 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.10%, 02/15/29 *(a)* | 100000 | 102098 |
| **Oaktree Strategic Credit Fund** | **Oaktree Strategic Credit Fund** | **Oaktree Strategic Credit Fund** |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.40%, 11/14/28 *(a)* | 75000 | 80462 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 07/23/29 *(a)* | 75000 | 75915 |

---

**13**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Sixth Street Lending Partners** | **Sixth Street Lending Partners** | **Sixth Street Lending Partners** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 03/11/29 *(a)* | 200000 | 205304 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 01/15/30 *(a)* | 100000 | 99525 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 07/15/30 *(a)(d)* | 100000 | 101086 |
| **Sixth Street Specialty Lending, Inc.** | **Sixth Street Specialty Lending, Inc.** | **Sixth Street Specialty Lending, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 08/01/26 *(a)* | 100000 | 96958 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 03/01/29 *(a)* | 75000 | 76296 |
|  |  | **18463563** |
| ***Financial Other 0.0%***  | ***Financial Other 0.0%***  | ***Financial Other 0.0%***  |
| **Andrew W Mellon Foundation** | **Andrew W Mellon Foundation** | **Andrew W Mellon Foundation** |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.95%, 08/01/27 *(a)* | 100000 | 93253 |
| **J Paul Getty Trust** | **J Paul Getty Trust** | **J Paul Getty Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.91%, 04/01/35 *(a)* | 100000 | 98818 |
| **ORIX Corp.** | **ORIX Corp.** | **ORIX Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 07/18/27  | 100000 | 98227 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/13/27  | 95000 | 95817 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 09/10/29  | 150000 | 149747 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 03/09/31  | 100000 | 86832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 09/13/32  | 200000 | 200228 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 02/25/35  | 95000 | 94634 |
|  |  | **917556** |
| ***Insurance 1.1%***  | ***Insurance 1.1%***  | ***Insurance 1.1%***  |
| **Aegon Ltd.** | **Aegon Ltd.** | **Aegon Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 04/11/48 *(a)(b)* | 200000 | 199158 |
| **Aetna, Inc.** | **Aetna, Inc.** | **Aetna, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 06/15/36  | 100000 | 105646 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 12/15/37  | 150000 | 159409 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/15/42 *(a)* | 100000 | 80867 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/15/44 *(a)* | 50000 | 41210 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 08/15/47 *(a)* | 75000 | 53036 |
| **Aflac, Inc.** | **Aflac, Inc.** | **Aflac, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 04/01/30 *(a)* | 250000 | 241235 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 10/15/46 *(a)* | 75000 | 57479 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 01/15/49 *(a)* | 100000 | 84175 |
| **Alleghany Corp.** | **Alleghany Corp.** | **Alleghany Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 05/15/30 *(a)* | 100000 | 96209 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 08/15/51 *(a)* | 100000 | 65455 |
| **Allstate Corp.** | **Allstate Corp.** | **Allstate Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.28%, 12/15/26 *(a)* | 100000 | 98304 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 06/24/29 *(a)* | 100000 | 102161 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 12/15/30 *(a)* | 75000 | 63341 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/30/33 *(a)* | 150000 | 151965 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 06/01/33  | 100000 | 101950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 05/09/35  | 150000 | 153699 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 06/15/43  | 125000 | 105565 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 12/15/46 *(a)* | 100000 | 79561 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 08/10/49 *(a)* | 100000 | 73895 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 05/15/67 *(a)(b)* | 100000 | 99903 |
| **American Financial Group, Inc.** | **American Financial Group, Inc.** | **American Financial Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 04/02/30 *(a)* | 75000 | 76876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 06/15/47 *(a)* | 100000 | 78913 |
| **American International Group, Inc.** | **American International Group, Inc.** | **American International Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 05/07/30 *(a)* | 100000 | 100445 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 06/30/30 *(a)* | 150000 | 141450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 03/27/33 *(a)* | 150000 | 150241 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 01/15/35 *(a)* | 78000 | 69879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 05/07/35 *(a)* | 100000 | 100595 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/16/44 *(a)* | 145000 | 123105 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 07/10/45 *(a)* | 75000 | 65954 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 04/01/48 *(a)* | 200000 | 172556 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 06/30/50 *(a)* | 200000 | 161788 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **American National Group, Inc.** | **American National Group, Inc.** | **American National Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/27 *(a)* | 90000 | 89987 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 10/01/29 *(a)* | 100000 | 101748 |
| **Aon Corp.** | **Aon Corp.** | **Aon Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.21%, 01/01/27  | 100000 | 105209 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 12/15/28 *(a)* | 100000 | 100200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 05/02/29 *(a)* | 150000 | 145772 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 05/15/30 *(a)* | 200000 | 183344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 09/30/40  | 50000 | 52202 |
| **Aon Corp./Aon Global Holdings PLC** | **Aon Corp./Aon Global Holdings PLC** | **Aon Corp./Aon Global Holdings PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 05/28/27 *(a)* | 100000 | 97157 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 08/23/31 *(a)* | 100000 | 85230 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 12/02/31 *(a)* | 100000 | 87546 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/12/32 *(a)* | 100000 | 100433 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 02/28/33 *(a)* | 100000 | 101729 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 08/23/51 *(a)* | 100000 | 59767 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 02/28/52 *(a)* | 200000 | 143900 |
| **Aon Global Ltd.** | **Aon Global Ltd.** | **Aon Global Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 06/14/44 *(a)* | 100000 | 83983 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 05/15/45 *(a)* | 100000 | 85576 |
| **Aon North America, Inc.** | **Aon North America, Inc.** | **Aon North America, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 03/01/27 *(a)* | 150000 | 151630 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 03/01/29 *(a)* | 150000 | 153078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 03/01/31 *(a)* | 200000 | 205214 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/01/34 *(a)* | 300000 | 303888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 03/01/54 *(a)* | 200000 | 191698 |
| **Arch Capital Finance LLC** | **Arch Capital Finance LLC** | **Arch Capital Finance LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.01%, 12/15/26 *(a)* | 100000 | 99183 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.03%, 12/15/46 *(a)* | 100000 | 87414 |
| **Arch Capital Group Ltd.** | **Arch Capital Group Ltd.** | **Arch Capital Group Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.64%, 06/30/50 *(a)* | 200000 | 141590 |
| **Arch Capital Group U.S., Inc.** | **Arch Capital Group U.S., Inc.** | **Arch Capital Group U.S., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.14%, 11/01/43  | 85000 | 76769 |
| **Arthur J Gallagher & Co.** | **Arthur J Gallagher & Co.** | **Arthur J Gallagher & Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 12/15/27 *(a)* | 150000 | 150439 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 12/15/29 *(a)* | 150000 | 151320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 11/09/31 *(a)* | 100000 | 86564 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/15/32 *(a)* | 100000 | 100288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/02/33 *(a)* | 75000 | 76460 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 02/15/34 *(a)* | 100000 | 108084 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 07/15/34 *(a)* | 102000 | 103115 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 02/15/35 *(a)* | 300000 | 295614 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 05/20/51 *(a)* | 150000 | 101291 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 03/09/52 *(a)* | 100000 | 61098 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 03/02/53 *(a)* | 100000 | 95767 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 02/15/54 *(a)* | 100000 | 108221 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 07/15/54 *(a)* | 75000 | 71570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 02/15/55 *(a)* | 300000 | 278853 |
| **Assurant, Inc.** | **Assurant, Inc.** | **Assurant, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/27/28 *(a)* | 100000 | 100184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 02/22/30 *(a)* | 100000 | 94051 |
| **Assured Guaranty U.S. Holdings, Inc.** | **Assured Guaranty U.S. Holdings, Inc.** | **Assured Guaranty U.S. Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 06/15/31 *(a)* | 200000 | 182214 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 09/15/51 *(a)* | 50000 | 32859 |
| **Athene Holding Ltd.** | **Athene Holding Ltd.** | **Athene Holding Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 01/12/28 *(a)* | 100000 | 98366 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 04/03/30 *(a)* | 100000 | 105047 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 01/15/31 *(a)* | 100000 | 92821 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.65%, 02/01/33 *(a)(c)* | 100000 | 106162 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 01/15/34 *(a)* | 100000 | 101294 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 05/25/51 *(a)* | 100000 | 68303 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 05/15/52 *(a)* | 125000 | 77080 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 04/01/54 *(a)* | 200000 | 191514 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 10/15/54 *(a)(b)* | 100000 | 98475 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 05/19/55 *(a)* | 200000 | 199518 |

---

**14**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **AXA SA** | **AXA SA** | **AXA SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.60%, 12/15/30  | 100000 | 117929 |
| **AXIS Specialty Finance LLC** | **AXIS Specialty Finance LLC** | **AXIS Specialty Finance LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 07/15/29 *(a)* | 100000 | 96268 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 01/15/40 *(a)(b)* | 50000 | 47493 |
| **AXIS Specialty Finance PLC** | **AXIS Specialty Finance PLC** | **AXIS Specialty Finance PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/06/27 *(a)* | 50000 | 49175 |
| **Berkshire Hathaway Finance Corp.** | **Berkshire Hathaway Finance Corp.** | **Berkshire Hathaway Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 03/15/27 *(a)* | 150000 | 145757 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.85%, 03/12/30 *(a)* | 100000 | 90274 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 10/15/30 *(a)* | 150000 | 130263 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 03/15/32 *(a)* | 200000 | 182984 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 01/15/40  | 200000 | 212190 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 05/15/42  | 100000 | 90513 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 05/15/43  | 150000 | 130418 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 08/15/48 *(a)* | 275000 | 225824 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 01/15/49 *(a)* | 350000 | 289961 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 10/15/50 *(a)* | 300000 | 188712 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 01/15/51 *(a)* | 100000 | 58170 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 03/15/52 *(a)* | 525000 | 394590 |
| **Berkshire Hathaway, Inc.** | **Berkshire Hathaway, Inc.** | **Berkshire Hathaway, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/11/43  | 175000 | 159236 |
| **Brighthouse Financial, Inc.** | **Brighthouse Financial, Inc.** | **Brighthouse Financial, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 06/22/27 *(a)* | 150000 | 146612 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 05/15/30 *(a)* | 150000 | 152797 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 06/22/47 *(a)* | 175000 | 132064 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 12/22/51 *(a)* | 75000 | 47626 |
| **Brown & Brown, Inc.** | **Brown & Brown, Inc.** | **Brown & Brown, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/15/29 *(a)* | 75000 | 74473 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 03/15/31 *(a)* | 150000 | 130067 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/17/32 *(a)* | 100000 | 93576 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 06/11/34 *(a)* | 100000 | 101173 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 03/17/52 *(a)* | 100000 | 82898 |
| **Centene Corp.** | **Centene Corp.** | **Centene Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/15/27 *(a)* | 500000 | 489040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 07/15/28 *(a)* | 400000 | 368732 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 12/15/29 *(a)* | 700000 | 674338 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 02/15/30 *(a)* | 350000 | 319063 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 10/15/30 *(a)* | 400000 | 352408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 03/01/31 *(a)* | 400000 | 339916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 08/01/31 *(a)* | 200000 | 169462 |
| **Chubb Corp.** | **Chubb Corp.** | **Chubb Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 05/11/37  | 150000 | 159654 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 05/15/38  | 100000 | 110484 |
| **Chubb INA Holdings LLC** | **Chubb INA Holdings LLC** | **Chubb INA Holdings LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 08/15/29 *(a)* | 150000 | 151551 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/15/34 *(a)* | 375000 | 375390 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 03/13/43  | 200000 | 166266 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 11/03/45 *(a)* | 250000 | 209432 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 12/15/51 *(a)* | 150000 | 93327 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 12/15/61 *(a)* | 250000 | 148907 |
| **Cincinnati Financial Corp.** | **Cincinnati Financial Corp.** | **Cincinnati Financial Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.92%, 05/15/28  | 75000 | 80330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 11/01/34  | 50000 | 52759 |
| **CNA Financial Corp.** | **CNA Financial Corp.** | **CNA Financial Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 08/15/27 *(a)* | 100000 | 97683 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 05/01/29 *(a)* | 100000 | 97182 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 08/15/30 *(a)* | 100000 | 86929 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/15/33 *(a)* | 100000 | 101101 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 02/15/34 *(a)* | 100000 | 98590 |
| **CNO Financial Group, Inc.** | **CNO Financial Group, Inc.** | **CNO Financial Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/30/29 *(a)* | 150000 | 149818 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.45%, 06/15/34 *(a)* | 125000 | 128886 |
| **Corebridge Financial, Inc.** | **Corebridge Financial, Inc.** | **Corebridge Financial, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 04/05/27 *(a)* | 250000 | 246147 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 04/05/29 *(a)* | 150000 | 145653 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 04/05/32 *(a)* | 300000 | 276342 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 09/15/33 *(a)* | 100000 | 103736 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 01/15/34 *(a)* | 100000 | 102058 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 04/05/42 *(a)* | 100000 | 82126 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 04/05/52 *(a)* | 250000 | 194420 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 12/15/52 *(a)(b)* | 175000 | 177998 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 09/15/54 *(a)(b)* | 150000 | 145979 |
| **Elevance Health, Inc.** | **Elevance Health, Inc.** | **Elevance Health, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 10/30/26  | 100000 | 100016 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 12/01/27 *(a)* | 300000 | 294687 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 03/01/28 *(a)* | 150000 | 148711 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 06/15/29 *(a)* | 100000 | 101952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 09/15/29 *(a)* | 150000 | 139868 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/15/30 *(a)* | 150000 | 150634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 05/15/30 *(a)* | 200000 | 178216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 03/15/31 *(a)* | 200000 | 176978 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 11/01/31 *(a)* | 150000 | 150363 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 05/15/32 *(a)* | 100000 | 94351 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 10/15/32 *(a)* | 150000 | 154125 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/15/33 *(a)* | 175000 | 170354 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 06/15/34 *(a)* | 175000 | 175535 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 12/15/34  | 100000 | 104352 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 02/15/35 *(a)* | 200000 | 198956 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 01/15/36  | 75000 | 77192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 06/15/37  | 100000 | 105466 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 05/15/42  | 200000 | 171084 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 01/15/43  | 150000 | 128310 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 01/15/44  | 75000 | 67004 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 08/15/44 *(a)* | 150000 | 127104 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 12/01/47 *(a)* | 250000 | 198787 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 03/01/48 *(a)* | 150000 | 121374 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 09/15/49 *(a)* | 150000 | 104630 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 05/15/50 *(a)* | 200000 | 126340 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 03/15/51 *(a)* | 200000 | 136912 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 05/15/52 *(a)* | 175000 | 139533 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 10/15/52 *(a)* | 150000 | 149073 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 02/15/53 *(a)* | 200000 | 174066 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 06/15/54 *(a)* | 175000 | 163616 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 02/15/55 *(a)* | 250000 | 235520 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 11/01/64 *(a)* | 150000 | 141371 |
| **Enact Holdings, Inc.** | **Enact Holdings, Inc.** | **Enact Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 05/28/29 *(a)* | 150000 | 154260 |
| **Enstar Finance LLC** | **Enstar Finance LLC** | **Enstar Finance LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/15/42 *(a)(b)* | 75000 | 73128 |
| **Enstar Group Ltd.** | **Enstar Group Ltd.** | **Enstar Group Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 06/01/29 *(a)* | 100000 | 99436 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 09/01/31 *(a)* | 100000 | 87376 |
| **Equitable Holdings, Inc.** | **Equitable Holdings, Inc.** | **Equitable Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 04/20/28 *(a)* | 350000 | 347798 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.59%, 01/11/33 *(a)* | 75000 | 76460 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/20/48 *(a)* | 250000 | 214977 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.70%, 03/28/55 *(a)(b)* | 75000 | 75984 |
| **Essent Group Ltd.** | **Essent Group Ltd.** | **Essent Group Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 07/01/29 *(a)* | 100000 | 103046 |
| **Everest Reinsurance Holdings, Inc.** | **Everest Reinsurance Holdings, Inc.** | **Everest Reinsurance Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.87%, 06/01/44  | 100000 | 86688 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 10/15/50 *(a)* | 200000 | 131982 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 10/15/52 *(a)* | 150000 | 90389 |
| **F&G Annuities & Life, Inc.** | **F&G Annuities & Life, Inc.** | **F&G Annuities & Life, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.40%, 01/13/28 *(a)* | 100000 | 104110 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 06/04/29 *(a)* | 100000 | 102292 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 10/04/34 *(a)* | 75000 | 72566 |
| **Fairfax Financial Holdings Ltd.** | **Fairfax Financial Holdings Ltd.** | **Fairfax Financial Holdings Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 04/17/28 *(a)* | 100000 | 100574 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 04/29/30 *(a)* | 125000 | 123301 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 03/03/31 *(a)* | 100000 | 91448 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 08/16/32 *(a)* | 175000 | 178027 |

---

**15**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 12/07/33 *(a)* | 100000 | 102891 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 05/20/35 *(a)(d)* | 100000 | 99894 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 03/22/54 *(a)* | 200000 | 195988 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 03/15/55 *(a)* | 100000 | 95238 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 05/20/55 *(a)(d)* | 100000 | 99319 |
| **Fidelity National Financial, Inc.** | **Fidelity National Financial, Inc.** | **Fidelity National Financial, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 06/15/30 *(a)* | 250000 | 231040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 03/15/31 *(a)* | 150000 | 128598 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 09/17/51 *(a)* | 75000 | 45047 |
| **First American Financial Corp.** | **First American Financial Corp.** | **First American Financial Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/15/30 *(a)* | 100000 | 94148 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 08/15/31 *(a)* | 100000 | 84542 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 09/30/34 *(a)* | 75000 | 72833 |
| **Globe Life, Inc.** | **Globe Life, Inc.** | **Globe Life, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 09/15/28 *(a)* | 100000 | 99915 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 08/15/30 *(a)* | 150000 | 130479 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 09/15/34 *(a)* | 75000 | 76394 |
| **Hanover Insurance Group, Inc.** | **Hanover Insurance Group, Inc.** | **Hanover Insurance Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 09/01/30 *(a)* | 100000 | 87334 |
| **Hartford Insurance Group, Inc.** | **Hartford Insurance Group, Inc.** | **Hartford Insurance Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 08/19/29 *(a)* | 150000 | 139874 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 10/01/41  | 80000 | 81169 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 04/15/43  | 75000 | 61937 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 03/15/48 *(a)* | 100000 | 82112 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 08/19/49 *(a)* | 150000 | 107322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 09/15/51 *(a)* | 150000 | 91728 |
| **Horace Mann Educators Corp.** | **Horace Mann Educators Corp.** | **Horace Mann Educators Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 09/15/28 *(a)* | 100000 | 106899 |
| **Humana, Inc.** | **Humana, Inc.** | **Humana, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.35%, 02/03/27 *(a)* | 150000 | 142868 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 03/15/27 *(a)* | 100000 | 99294 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 03/01/28 *(a)* | 100000 | 102672 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 12/01/28 *(a)* | 100000 | 103286 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/23/29 *(a)* | 100000 | 96097 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 08/15/29 *(a)* | 150000 | 139773 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 04/01/30 *(a)* | 100000 | 99534 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 04/15/31 *(a)* | 200000 | 201432 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 02/03/32 *(a)* | 150000 | 122957 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 03/01/33 *(a)* | 150000 | 152434 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 03/15/34 *(a)* | 200000 | 203222 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 05/01/35 *(a)* | 125000 | 122848 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 12/01/42 *(a)* | 75000 | 60929 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 10/01/44 *(a)* | 100000 | 83612 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/15/47 *(a)* | 100000 | 80075 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 08/15/49 *(a)* | 75000 | 52190 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/15/53 *(a)* | 150000 | 130413 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 04/15/54 *(a)* | 200000 | 180000 |
| **Jackson Financial, Inc.** | **Jackson Financial, Inc.** | **Jackson Financial, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 11/23/31 *(a)* | 100000 | 87087 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.67%, 06/08/32 *(a)* | 100000 | 100170 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/23/51 *(a)* | 100000 | 66237 |
| **Kemper Corp.** | **Kemper Corp.** | **Kemper Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 09/30/30 *(a)* | 150000 | 130305 |
| **Lincoln National Corp.** | **Lincoln National Corp.** | **Lincoln National Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 12/12/26 *(a)* | 50000 | 49266 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 03/01/28 *(a)* | 100000 | 97810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 01/15/30 *(a)* | 100000 | 92697 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 01/15/31 *(a)* | 100000 | 91839 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 03/01/32 *(a)* | 75000 | 66488 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.30%, 10/09/37  | 100000 | 102815 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 06/15/40  | 100000 | 109420 |
| **Loews Corp.** | **Loews Corp.** | **Loews Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 02/01/35  | 100000 | 107307 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 05/15/43 *(a)* | 100000 | 83137 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Manulife Financial Corp.** | **Manulife Financial Corp.** | **Manulife Financial Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.48%, 05/19/27 *(a)* | 100000 | 96575 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.06%, 02/24/32 *(a)(b)* | 150000 | 147832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/16/32 *(a)* | 150000 | 139916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 03/04/46  | 100000 | 95792 |
| **Markel Group, Inc.** | **Markel Group, Inc.** | **Markel Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 11/01/27 *(a)* | 100000 | 97688 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 09/17/29 *(a)* | 100000 | 95374 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/05/46  | 100000 | 86033 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 11/01/47 *(a)* | 75000 | 57972 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/20/49 *(a)* | 100000 | 85228 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 09/17/50 *(a)* | 100000 | 74447 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 05/07/52 *(a)* | 75000 | 49063 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 05/16/54 *(a)* | 100000 | 97595 |
| **Marsh & McLennan Cos., Inc.** | **Marsh & McLennan Cos., Inc.** | **Marsh & McLennan Cos., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 11/08/27 *(a)* | 200000 | 200888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/15/29 *(a)* | 250000 | 250125 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 03/15/30 *(a)* | 150000 | 150688 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 11/15/30 *(a)* | 140000 | 124202 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 11/15/31 *(a)* | 150000 | 150729 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 12/15/31 *(a)* | 75000 | 64760 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 11/01/32 *(a)* | 100000 | 105314 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 08/01/33  | 100000 | 105367 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 09/15/33 *(a)* | 100000 | 102458 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 03/15/34 *(a)* | 100000 | 100686 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/15/35 *(a)* | 350000 | 344718 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/15/39 *(a)* | 50000 | 46635 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 11/15/44 *(a)* | 150000 | 143195 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 01/30/47 *(a)* | 100000 | 82636 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/01/48 *(a)* | 125000 | 99669 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/15/49 *(a)* | 200000 | 175848 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 12/15/51 *(a)* | 75000 | 45828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 11/01/52 *(a)* | 100000 | 104970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/15/53 *(a)* | 150000 | 141699 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 09/15/53 *(a)* | 175000 | 171512 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/15/54 *(a)* | 75000 | 70466 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 03/15/55 *(a)* | 300000 | 280662 |
| **Mercury General Corp.** | **Mercury General Corp.** | **Mercury General Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 03/15/27 *(a)* | 100000 | 98700 |
| **MetLife, Inc.** | **MetLife, Inc.** | **MetLife, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 03/23/30 *(a)* | 200000 | 201536 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 12/15/32  | 100000 | 110955 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 07/15/33 *(a)* | 150000 | 154515 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 06/15/34  | 100000 | 109192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 12/15/34 *(a)* | 200000 | 202650 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 06/15/35  | 150000 | 156438 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 02/06/41  | 150000 | 153231 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 08/13/42  | 100000 | 82331 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 11/13/43  | 250000 | 225030 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.72%, 12/15/44 *(e)* | 100000 | 87018 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 03/01/45  | 175000 | 140343 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 05/13/46 *(a)* | 100000 | 87057 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/15/52 *(a)* | 200000 | 177488 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/15/54 *(a)* | 150000 | 138072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 03/15/55 *(a)(b)* | 175000 | 176074 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 12/15/66 *(a)* | 230000 | 232652 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.75%, 08/01/69 *(a)* | 75000 | 98064 |
| **MGIC Investment Corp.** | **MGIC Investment Corp.** | **MGIC Investment Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 08/15/28 *(a)* | 100000 | 99314 |
| **Nationwide Financial Services, Inc.** | **Nationwide Financial Services, Inc.** | **Nationwide Financial Services, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 05/15/87  | 40000 | 39673 |
| **NMI Holdings, Inc.** | **NMI Holdings, Inc.** | **NMI Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 08/15/29 *(a)* | 100000 | 102292 |
| **Old Republic International Corp.** | **Old Republic International Corp.** | **Old Republic International Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 08/26/26 *(a)* | 150000 | 148594 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 03/28/34 *(a)* | 100000 | 101683 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 06/11/51 *(a)* | 125000 | 86271 |

---

**16**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **PartnerRe Finance B LLC** | **PartnerRe Finance B LLC** | **PartnerRe Finance B LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 07/02/29 *(a)* | 100000 | 96100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 10/01/50 *(a)(b)* | 75000 | 69587 |
| **Primerica, Inc.** | **Primerica, Inc.** | **Primerica, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 11/19/31 *(a)* | 150000 | 131213 |
| **Principal Financial Group, Inc.** | **Principal Financial Group, Inc.** | **Principal Financial Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 11/15/26 *(a)* | 100000 | 97928 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 05/15/29 *(a)* | 150000 | 145122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 06/15/30 *(a)* | 150000 | 132153 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 10/15/36  | 100000 | 105084 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 11/15/46 *(a)* | 137000 | 111470 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/15/53 *(a)* | 75000 | 70618 |
| **Progressive Corp.** | **Progressive Corp.** | **Progressive Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 01/15/27  | 100000 | 97191 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/01/29 *(a)* | 150000 | 148455 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 03/26/30 *(a)* | 100000 | 94893 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 03/15/32 *(a)* | 75000 | 67520 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 12/01/32  | 150000 | 163144 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 06/15/33 *(a)* | 100000 | 100952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 01/26/45  | 100000 | 76143 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 04/15/47 *(a)* | 175000 | 139410 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/15/48 *(a)* | 100000 | 80630 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 03/26/50 *(a)* | 100000 | 76220 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/15/52 *(a)* | 100000 | 72337 |
| **Prudential Financial, Inc.** | **Prudential Financial, Inc.** | **Prudential Financial, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 03/27/28 *(a)* | 97000 | 96078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 03/10/30 *(a)* | 200000 | 180478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 12/14/36  | 150000 | 154482 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 12/01/37  | 150000 | 164935 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 03/10/40 *(a)* | 250000 | 184432 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 05/15/44  | 150000 | 128738 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 09/15/47 *(a)(b)* | 100000 | 98035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.91%, 12/07/47 *(a)* | 200000 | 151652 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.42%, 03/27/48 *(a)* | 75000 | 61241 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 09/15/48 *(a)(b)* | 150000 | 150090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.94%, 12/07/49 *(a)* | 100000 | 74776 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 02/25/50 *(a)* | 150000 | 121185 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 10/01/50 *(a)(b)* | 200000 | 181140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/13/51 *(a)* | 300000 | 214530 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 03/01/52 *(a)(b)* | 200000 | 192078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 09/01/52 *(a)(b)* | 200000 | 200038 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 03/01/53 *(a)(b)* | 100000 | 104268 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 03/15/54 *(a)(b)* | 200000 | 204252 |
| **Prudential Funding Asia PLC** | **Prudential Funding Asia PLC** | **Prudential Funding Asia PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 04/14/30  | 200000 | 188210 |
| **Radian Group, Inc.** | **Radian Group, Inc.** | **Radian Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/15/27 *(a)* | 100000 | 99857 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 05/15/29 *(a)* | 100000 | 103006 |
| **Reinsurance Group of America, Inc.** | **Reinsurance Group of America, Inc.** | **Reinsurance Group of America, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 09/15/26 *(a)* | 75000 | 74439 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 05/15/29 *(a)* | 100000 | 97450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 06/15/30 *(a)* | 200000 | 185278 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 09/15/33 *(a)* | 100000 | 103546 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 09/15/34 *(a)* | 100000 | 101300 |
| **RenaissanceRe Holdings Ltd.** | **RenaissanceRe Holdings Ltd.** | **RenaissanceRe Holdings Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 04/15/29 *(a)* | 150000 | 144069 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 06/05/33 *(a)* | 150000 | 152391 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 04/01/35 *(a)* | 75000 | 75656 |
| **Selective Insurance Group, Inc.** | **Selective Insurance Group, Inc.** | **Selective Insurance Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 03/01/49 *(a)* | 75000 | 65957 |
| **SiriusPoint Ltd.** | **SiriusPoint Ltd.** | **SiriusPoint Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 04/05/29 *(a)* | 100000 | 104161 |
| **Stewart Information Services Corp.** | **Stewart Information Services Corp.** | **Stewart Information Services Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 11/15/31 *(a)* | 100000 | 88764 |
| **Transatlantic Holdings, Inc.** | **Transatlantic Holdings, Inc.** | **Transatlantic Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 11/30/39  | 100000 | 121437 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Travelers Cos., Inc.** | **Travelers Cos., Inc.** | **Travelers Cos., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 06/20/36  | 150000 | 168900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 11/01/40  | 100000 | 98227 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 08/01/43  | 200000 | 172848 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 08/25/45 *(a)* | 75000 | 62144 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/30/47 *(a)* | 200000 | 156286 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 03/07/48 *(a)* | 100000 | 78392 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 03/04/49 *(a)* | 100000 | 78618 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 04/27/50 *(a)* | 200000 | 117158 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 06/08/51 *(a)* | 200000 | 128332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 05/25/53 *(a)* | 150000 | 143597 |
| **UnitedHealth Group, Inc.** | **UnitedHealth Group, Inc.** | **UnitedHealth Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 07/15/26  | 150000 | 150400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 01/15/27  | 150000 | 147735 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 04/15/27  | 150000 | 147026 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 04/15/27 *(a)* | 100000 | 100243 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 05/15/27 *(a)* | 150000 | 147870 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 10/15/27  | 150000 | 144839 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 02/15/28 *(a)* | 200000 | 203860 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 06/15/28  | 150000 | 147350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 12/15/28  | 150000 | 146657 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 01/15/29 *(a)* | 200000 | 197692 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 04/15/29 *(a)* | 100000 | 100254 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/15/29 *(a)* | 150000 | 146640 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 08/15/29  | 200000 | 186712 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 01/15/30 *(a)* | 250000 | 251377 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 02/15/30 *(a)* | 150000 | 153664 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 05/15/30  | 200000 | 176216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 04/15/31 *(a)* | 200000 | 200478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 05/15/31 *(a)* | 300000 | 260400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 01/15/32 *(a)* | 300000 | 298572 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 05/15/32 *(a)* | 250000 | 237737 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 02/15/33 *(a)* | 350000 | 353475 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/15/33 *(a)* | 250000 | 238610 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/15/34 *(a)* | 200000 | 195668 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 07/15/34 *(a)* | 375000 | 370436 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 07/15/35  | 200000 | 189318 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 03/15/36  | 193000 | 197458 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 06/15/37  | 100000 | 106999 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 11/15/37  | 150000 | 161811 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 02/15/38  | 200000 | 221848 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 08/15/39 *(a)* | 250000 | 196462 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 05/15/40 *(a)* | 150000 | 104924 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 10/15/40 *(a)* | 75000 | 73583 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 02/15/41 *(a)* | 100000 | 100494 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 05/15/41 *(a)* | 300000 | 213711 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 11/15/41 *(a)* | 100000 | 86629 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/15/42 *(a)* | 100000 | 83596 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 10/15/42 *(a)* | 100000 | 78852 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/15/43 *(a)* | 100000 | 81450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 07/15/44 *(a)* | 250000 | 235320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 07/15/45  | 350000 | 299180 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 01/15/47 *(a)* | 150000 | 116309 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 04/15/47 *(a)* | 100000 | 78374 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 10/15/47 *(a)* | 200000 | 143750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 06/15/48 *(a)* | 250000 | 193695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 12/15/48 *(a)* | 175000 | 139626 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 08/15/49 *(a)* | 225000 | 157743 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 05/15/50 *(a)* | 250000 | 150410 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/15/51 *(a)* | 350000 | 223527 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 05/15/52 *(a)* | 375000 | 308366 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 02/15/53 *(a)* | 350000 | 338355 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 04/15/53 *(a)* | 375000 | 322421 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 04/15/54 *(a)* | 300000 | 270384 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 07/15/54 *(a)* | 500000 | 467910 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 08/15/59 *(a)* | 150000 | 101439 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 05/15/60 *(a)* | 225000 | 130340 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 05/15/62 *(a)* | 225000 | 185116 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 02/15/63 *(a)* | 275000 | 267734 |

---

**17**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 04/15/63 *(a)* | 325000 | 277491 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 04/15/64 *(a)* | 200000 | 179878 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 07/15/64 *(a)* | 375000 | 350235 |
| **Unum Group** | **Unum Group** | **Unum Group** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/15/29 *(a)* | 100000 | 97330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 08/15/42  | 100000 | 95218 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 12/15/49 *(a)* | 125000 | 96540 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 06/15/51 *(a)* | 100000 | 72547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 06/15/54 *(a)* | 75000 | 72275 |
| **Voya Financial, Inc.** | **Voya Financial, Inc.** | **Voya Financial, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 06/15/26  | 100000 | 99089 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/20/34 *(a)* | 75000 | 71507 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 07/15/43  | 100000 | 94823 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 06/15/46  | 50000 | 42000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 01/23/48 *(a)(b)* | 100000 | 94642 |
| **W.R. Berkley Corp.** | **W.R. Berkley Corp.** | **W.R. Berkley Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/12/50 *(a)* | 50000 | 37286 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 03/30/52 *(a)* | 100000 | 67565 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 09/30/61 *(a)* | 100000 | 59179 |
| **Willis North America, Inc.** | **Willis North America, Inc.** | **Willis North America, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 06/15/27 *(a)* | 150000 | 150633 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 09/15/28 *(a)* | 150000 | 149560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 09/15/29 *(a)* | 100000 | 93189 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 05/15/33 *(a)* | 150000 | 151159 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 09/15/48 *(a)* | 75000 | 64667 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 09/15/49 *(a)* | 150000 | 107639 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 03/05/54 *(a)* | 100000 | 96475 |
| **XL Group Ltd.** | **XL Group Ltd.** | **XL Group Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 12/15/43  | 55000 | 52138 |
|  |  | **61035305** |
| ***REITs 0.6%***  | ***REITs 0.6%***  | ***REITs 0.6%***  |
| **Agree LP** | **Agree LP** | **Agree LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 10/01/30 *(a)* | 150000 | 136168 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 10/01/32 *(a)* | 100000 | 97152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 06/15/34 *(a)* | 100000 | 101072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 06/15/35 *(a)* | 100000 | 100416 |
| **Alexandria Real Estate Equities, Inc.** | **Alexandria Real Estate Equities, Inc.** | **Alexandria Real Estate Equities, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 01/15/28 *(a)* | 100000 | 98602 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/30/29 *(a)* | 50000 | 49279 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 12/15/29 *(a)* | 100000 | 91325 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 07/01/30 *(a)* | 100000 | 98178 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 12/15/30 *(a)* | 150000 | 148831 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 08/15/31 *(a)* | 150000 | 135837 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 05/18/32 *(a)* | 175000 | 141440 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 02/01/33 *(a)* | 150000 | 116954 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 03/15/34 *(a)* | 150000 | 123312 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 04/15/35 *(a)* | 100000 | 93132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 10/01/35 *(a)* | 100000 | 98355 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/15/36 *(a)* | 75000 | 71395 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 04/15/49 *(a)* | 50000 | 40563 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/01/50 *(a)* | 150000 | 106953 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/18/51 *(a)* | 150000 | 87900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 03/15/52 *(a)* | 175000 | 114137 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 04/15/53 *(a)* | 100000 | 84372 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 05/15/54 *(a)* | 100000 | 90240 |
| **American Assets Trust LP** | **American Assets Trust LP** | **American Assets Trust LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 02/01/31 *(a)* | 75000 | 65693 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 10/01/34 *(a)* | 100000 | 98000 |
| **American Homes 4 Rent LP** | **American Homes 4 Rent LP** | **American Homes 4 Rent LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 02/15/28 *(a)* | 100000 | 98844 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/15/29 *(a)* | 100000 | 100566 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 06/15/30 *(a)* | 100000 | 99989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 07/15/31 *(a)* | 100000 | 85858 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 04/15/32 *(a)* | 150000 | 136338 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 02/01/34 *(a)* | 100000 | 99905 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/15/35 *(a)* | 75000 | 73337 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 07/15/51 *(a)* | 75000 | 48014 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 04/15/52 *(a)* | 100000 | 75755 |
| **Americold Realty Operating Partnership LP** | **Americold Realty Operating Partnership LP** | **Americold Realty Operating Partnership LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.41%, 09/12/34 *(a)* | 100000 | 96189 |
| **AvalonBay Communities, Inc.** | **AvalonBay Communities, Inc.** | **AvalonBay Communities, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 10/15/26 *(a)* | 100000 | 97922 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 01/15/28 *(a)* | 75000 | 72947 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 06/01/29 *(a)* | 150000 | 143448 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 03/01/30 *(a)* | 100000 | 90453 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 01/15/31 *(a)* | 150000 | 133347 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 01/15/32 *(a)* | 150000 | 127374 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/15/33 *(a)* | 100000 | 99664 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 12/07/33 *(a)* | 100000 | 101518 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 06/01/34 *(a)* | 100000 | 101570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 10/15/46 *(a)* | 150000 | 115107 |
| **Boston Properties LP** | **Boston Properties LP** | **Boston Properties LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 10/01/26 *(a)* | 200000 | 194622 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 12/01/27 *(a)* | 150000 | 156540 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 12/01/28 *(a)* | 150000 | 147975 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 06/21/29 *(a)* | 200000 | 187752 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 03/15/30 *(a)* | 100000 | 90628 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 01/30/31 *(a)* | 200000 | 180450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 04/01/32 *(a)* | 150000 | 124158 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 10/01/33 *(a)* | 150000 | 117815 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 01/15/34 *(a)* | 150000 | 157779 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 01/15/35 *(a)* | 150000 | 148537 |
| **Brixmor Operating Partnership LP** | **Brixmor Operating Partnership LP** | **Brixmor Operating Partnership LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 06/15/26 *(a)* | 100000 | 99507 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 03/15/27 *(a)* | 100000 | 98717 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 05/15/29 *(a)* | 150000 | 146067 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 07/01/30 *(a)* | 150000 | 143859 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 08/16/31 *(a)* | 100000 | 86087 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 04/01/32 *(a)* | 75000 | 74619 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 02/15/34 *(a)* | 100000 | 99749 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 02/15/35 *(a)* | 100000 | 101169 |
| **Broadstone Net Lease LLC** | **Broadstone Net Lease LLC** | **Broadstone Net Lease LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 09/15/31 *(a)* | 75000 | 62959 |
| **Camden Property Trust** | **Camden Property Trust** | **Camden Property Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 11/03/26 *(a)* | 75000 | 76349 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 10/15/28 *(a)* | 100000 | 99068 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 07/01/29 *(a)* | 100000 | 94812 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 05/15/30 *(a)* | 100000 | 91717 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 01/15/34 *(a)* | 100000 | 98294 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 11/01/49 *(a)* | 50000 | 34464 |
| **COPT Defense Properties LP** | **COPT Defense Properties LP** | **COPT Defense Properties LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 01/15/29 *(a)* | 150000 | 134517 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 04/15/31 *(a)* | 100000 | 86855 |
| **Cousins Properties LP** | **Cousins Properties LP** | **Cousins Properties LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 02/15/32 *(a)* | 75000 | 74561 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 10/01/34 *(a)* | 100000 | 101033 |
| **CubeSmart LP** | **CubeSmart LP** | **CubeSmart LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 09/01/26 *(a)* | 150000 | 146890 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 02/15/29 *(a)* | 100000 | 98541 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 02/15/31 *(a)* | 100000 | 85256 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 02/15/32 *(a)* | 150000 | 127236 |
| **Digital Realty Trust LP** | **Digital Realty Trust LP** | **Digital Realty Trust LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 08/15/27 *(a)* | 150000 | 147703 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 01/15/28 *(a)* | 150000 | 153630 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 07/15/28 *(a)* | 150000 | 149563 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 07/01/29 *(a)* | 150000 | 144345 |
| **DOC Dr. LLC** | **DOC Dr. LLC** | **DOC Dr. LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 03/15/27 *(a)* | 100000 | 99481 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 11/01/31 *(a)* | 100000 | 86541 |

---

**18**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **EPR Properties** | **EPR Properties** | **EPR Properties** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 12/15/26 *(a)* | 100000 | 99566 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 06/01/27 *(a)* | 150000 | 148464 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 08/15/29 *(a)* | 100000 | 94382 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 11/15/31 *(a)* | 100000 | 89267 |
| **ERP Operating LP** | **ERP Operating LP** | **ERP Operating LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 11/01/26 *(a)* | 100000 | 97888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 08/01/27 *(a)* | 100000 | 97605 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/01/28 *(a)* | 100000 | 97810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 12/01/28 *(a)* | 100000 | 99231 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 07/01/29 *(a)* | 100000 | 94488 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 02/15/30 *(a)* | 100000 | 91215 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 06/15/32 *(a)* | 100000 | 99670 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 09/15/34 *(a)* | 100000 | 95379 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/01/44 *(a)* | 150000 | 127391 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 06/01/45 *(a)* | 50000 | 41649 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 08/01/47 *(a)* | 100000 | 75840 |
| **Essential Properties LP** | **Essential Properties LP** | **Essential Properties LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 07/15/31 *(a)* | 100000 | 87501 |
| **Essex Portfolio LP** | **Essex Portfolio LP** | **Essex Portfolio LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 03/01/28 *(a)* | 75000 | 69407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/01/29 *(a)* | 150000 | 146343 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 01/15/30 *(a)* | 100000 | 92446 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 01/15/31 *(a)* | 150000 | 125814 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 03/15/32 *(a)* | 150000 | 128559 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 04/01/34 *(a)* | 100000 | 100598 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 09/01/50 *(a)* | 100000 | 57572 |
| **Extra Space Storage LP** | **Extra Space Storage LP** | **Extra Space Storage LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 12/15/27 *(a)* | 150000 | 147462 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 04/01/28 *(a)* | 150000 | 154311 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 04/01/29 *(a)* | 75000 | 72779 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/15/29 *(a)* | 100000 | 97155 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 07/01/30 *(a)* | 75000 | 76938 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 10/15/30 *(a)* | 50000 | 43487 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 01/15/31 *(a)* | 100000 | 104318 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 06/01/31 *(a)* | 100000 | 86734 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 10/15/31 *(a)* | 150000 | 127846 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.35%, 03/15/32 *(a)* | 150000 | 125058 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 02/01/34 *(a)* | 100000 | 99449 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 01/15/35 *(a)* | 75000 | 73961 |
| **Federal Realty OP LP** | **Federal Realty OP LP** | **Federal Realty OP LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 07/15/27 *(a)* | 100000 | 97053 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 05/01/28 *(a)* | 75000 | 76471 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 06/15/29 *(a)* | 75000 | 70642 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 06/01/30 *(a)* | 100000 | 94501 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 12/01/44 *(a)* | 100000 | 82376 |
| **First Industrial LP** | **First Industrial LP** | **First Industrial LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/15/31 *(a)* | 100000 | 100153 |
| **Healthcare Realty Holdings LP** | **Healthcare Realty Holdings LP** | **Healthcare Realty Holdings LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 08/01/26 *(a)* | 100000 | 98405 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 07/01/27 *(a)* | 75000 | 73369 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 02/15/30 *(a)* | 150000 | 137527 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 03/15/31 *(a)* | 100000 | 84143 |
| **Healthpeak OP LLC** | **Healthpeak OP LLC** | **Healthpeak OP LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 07/15/26 *(a)* | 200000 | 197006 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 12/01/28 *(a)* | 75000 | 68912 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 07/15/29 *(a)* | 150000 | 143125 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 01/15/30 *(a)* | 200000 | 185216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 01/15/31 *(a)* | 150000 | 134797 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 12/15/32 *(a)* | 150000 | 149925 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 02/15/35 *(a)* | 95000 | 94041 |
| **Highwoods Realty LP** | **Highwoods Realty LP** | **Highwoods Realty LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 04/15/29 *(a)* | 100000 | 96093 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 02/15/30 *(a)* | 100000 | 90168 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 02/01/31 *(a)* | 100000 | 85078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.65%, 02/01/34 *(a)* | 75000 | 82708 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Host Hotels & Resorts LP** | **Host Hotels & Resorts LP** | **Host Hotels & Resorts LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 12/15/29 *(a)* | 150000 | 138988 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 09/15/30 *(a)* | 225000 | 205285 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 12/15/31 *(a)* | 75000 | 64369 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 06/15/32 *(a)* | 100000 | 99528 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 07/01/34 *(a)* | 100000 | 98489 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 04/15/35 *(a)* | 100000 | 96400 |
| **Invitation Homes Operating Partnership LP** | **Invitation Homes Operating Partnership LP** | **Invitation Homes Operating Partnership LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 11/15/28 *(a)* | 200000 | 185722 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 08/15/30 *(a)* | 100000 | 102618 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 08/15/31 *(a)* | 100000 | 83732 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 04/15/32 *(a)* | 100000 | 93355 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 08/15/33 *(a)* | 100000 | 99804 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 02/01/35 *(a)* | 100000 | 95238 |
| **Kilroy Realty LP** | **Kilroy Realty LP** | **Kilroy Realty LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 12/15/28 *(a)* | 100000 | 98150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 08/15/29 *(a)* | 120000 | 113478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 02/15/30 *(a)* | 75000 | 66422 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 11/15/32 *(a)* | 75000 | 59039 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 11/15/33 *(a)* | 75000 | 57662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 01/15/36 *(a)* | 75000 | 73265 |
| **Kimco Realty OP LLC** | **Kimco Realty OP LLC** | **Kimco Realty OP LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 10/01/26 *(a)* | 100000 | 97640 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 03/01/28 *(a)* | 100000 | 93433 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 10/01/30 *(a)* | 100000 | 90709 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 12/01/31 *(a)* | 100000 | 85187 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 04/01/32 *(a)* | 100000 | 89239 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 02/01/33 *(a)* | 100000 | 96652 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 03/01/34 *(a)* | 100000 | 106931 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 03/01/35 *(a)* | 75000 | 72045 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 04/01/45 *(a)* | 150000 | 119385 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 12/01/46 *(a)* | 100000 | 77173 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 10/01/49 *(a)* | 75000 | 52819 |
| **Kite Realty Group LP** | **Kite Realty Group LP** | **Kite Realty Group LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 10/01/26 *(a)* | 100000 | 98773 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/01/34 *(a)* | 75000 | 74675 |
| **Kite Realty Group Trust** | **Kite Realty Group Trust** | **Kite Realty Group Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 09/15/30 *(a)* | 100000 | 98635 |
| **LXP Industrial Trust** | **LXP Industrial Trust** | **LXP Industrial Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 09/15/30 *(a)* | 150000 | 132202 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 10/01/31 *(a)* | 75000 | 62510 |
| **Mid-America Apartments LP** | **Mid-America Apartments LP** | **Mid-America Apartments LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.10%, 09/15/26 *(a)* | 100000 | 95839 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 06/01/27 *(a)* | 150000 | 147798 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 06/15/28 *(a)* | 100000 | 99232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 03/15/29 *(a)* | 50000 | 49037 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 03/15/30 *(a)* | 100000 | 92326 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 02/15/31 *(a)* | 100000 | 84901 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 02/15/32 *(a)* | 75000 | 76664 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/15/34 *(a)* | 75000 | 74608 |
| **National Health Investors, Inc.** | **National Health Investors, Inc.** | **National Health Investors, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 02/01/31 *(a)* | 100000 | 87327 |
| **NNN REIT, Inc.** | **NNN REIT, Inc.** | **NNN REIT, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 10/15/27 *(a)* | 100000 | 97633 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 10/15/28 *(a)* | 100000 | 98880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 04/15/30 *(a)* | 100000 | 89922 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 10/15/33 *(a)* | 75000 | 76132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/15/34 *(a)* | 100000 | 100236 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 10/15/48 *(a)* | 50000 | 41670 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 04/15/50 *(a)* | 100000 | 62068 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 04/15/52 *(a)* | 100000 | 59864 |
| **Omega Healthcare Investors, Inc.** | **Omega Healthcare Investors, Inc.** | **Omega Healthcare Investors, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/01/27 *(a)* | 150000 | 149710 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 01/15/28 *(a)* | 100000 | 100104 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 10/01/29 *(a)* | 75000 | 70484 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 02/01/31 *(a)* | 150000 | 135432 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 04/15/33 *(a)* | 100000 | 84608 |

---

**19**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Phillips Edison Grocery Center Operating Partnership I LP** | **Phillips Edison Grocery Center Operating Partnership I LP** | **Phillips Edison Grocery Center Operating Partnership I LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 11/15/31 *(a)* | 100000 | 85219 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 01/15/35 *(a)* | 50000 | 47592 |
| **Piedmont Operating Partnership LP** | **Piedmont Operating Partnership LP** | **Piedmont Operating Partnership LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.25%, 07/20/28 *(a)* | 75000 | 82891 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 07/15/29 *(a)* | 75000 | 77684 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 08/15/30 *(a)* | 150000 | 132298 |
| **Prologis LP** | **Prologis LP** | **Prologis LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/30/26 *(a)* | 130000 | 128457 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 04/15/27 *(a)* | 150000 | 144253 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 06/15/28 *(a)* | 150000 | 152214 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 09/15/28 *(a)* | 150000 | 147973 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 02/01/29 *(a)* | 50000 | 50075 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 11/15/29 *(a)* | 50000 | 46697 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 04/15/30 *(a)* | 200000 | 179702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 07/01/30 *(a)* | 75000 | 65206 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 10/15/30 *(a)* | 100000 | 84540 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 01/15/31 *(a)* | 100000 | 100376 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 03/15/31 *(a)* | 100000 | 84616 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 01/15/32 *(a)* | 100000 | 85536 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 01/15/33 *(a)* | 150000 | 146931 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 06/15/33 *(a)* | 150000 | 147216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 01/15/34 *(a)* | 150000 | 150051 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/15/34 *(a)* | 200000 | 197222 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/31/35 *(a)* | 100000 | 98226 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/15/35 *(a)* | 100000 | 99613 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 09/15/48 *(a)* | 75000 | 60719 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 03/01/50 *(a)* | 50000 | 31604 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 04/15/50 *(a)* | 150000 | 94679 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 10/15/50 *(a)* | 150000 | 77343 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/15/53 *(a)* | 150000 | 137571 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/15/54 *(a)* | 150000 | 137466 |
| **Public Storage Operating Co.** | **Public Storage Operating Co.** | **Public Storage Operating Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 11/09/26 *(a)* | 150000 | 144022 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.09%, 09/15/27 *(a)* | 50000 | 48699 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.85%, 05/01/28 *(a)* | 150000 | 140062 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 11/09/28 *(a)* | 100000 | 92455 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 01/15/29 *(a)* | 100000 | 102663 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.39%, 05/01/29 *(a)* | 150000 | 144646 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 05/01/31 *(a)* | 100000 | 87789 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 11/09/31 *(a)* | 100000 | 86224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 08/01/33 *(a)* | 100000 | 101419 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 08/01/53 *(a)* | 175000 | 163852 |
| **Realty Income Corp.** | **Realty Income Corp.** | **Realty Income Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 06/01/26 *(a)* | 100000 | 100232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 10/15/26 *(a)* | 100000 | 99506 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 01/15/27 *(a)* | 180000 | 176029 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 08/15/27 *(a)* | 150000 | 148627 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 01/15/28 *(a)* | 100000 | 97582 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 03/15/28 *(a)* | 100000 | 94013 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 06/15/28 *(a)* | 100000 | 93678 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 12/15/28 *(a)* | 150000 | 151150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/15/29 *(a)* | 100000 | 100536 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/15/29 *(a)* | 100000 | 97649 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 12/15/29 *(a)* | 100000 | 93630 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 01/15/30 *(a)* | 50000 | 47393 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 03/15/30 *(a)* | 100000 | 100872 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 01/15/31 *(a)* | 200000 | 184896 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 02/15/31 *(a)* | 150000 | 137940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 02/15/32 *(a)* | 75000 | 65183 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 10/13/32 *(a)* | 150000 | 155188 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 12/15/32 *(a)* | 75000 | 64751 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 03/15/33 *(a)* | 100000 | 79088 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 07/15/33 *(a)* | 100000 | 98302 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 02/15/34 *(a)* | 150000 | 149481 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 03/15/47 *(a)* | 100000 | 83995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 09/01/54 *(a)* | 100000 | 93785 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Regency Centers LP** | **Regency Centers LP** | **Regency Centers LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 02/01/27 *(a)* | 75000 | 74036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/15/28 *(a)* | 150000 | 149221 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 06/15/30 *(a)* | 100000 | 95849 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/15/32 *(a)* | 100000 | 99898 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/15/34 *(a)* | 75000 | 75086 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 02/01/47 *(a)* | 100000 | 81427 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 03/15/49 *(a)* | 75000 | 63202 |
| **Rexford Industrial Realty LP** | **Rexford Industrial Realty LP** | **Rexford Industrial Realty LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/28 *(a)* | 75000 | 75067 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 09/01/31 *(a)* | 150000 | 126411 |
| **Sabra Health Care LP** | **Sabra Health Care LP** | **Sabra Health Care LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 08/15/26 *(a)* | 75000 | 74924 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 10/15/29 *(a)* | 100000 | 93735 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 12/01/31 *(a)* | 150000 | 130794 |
| **Safehold GL Holdings LLC** | **Safehold GL Holdings LLC** | **Safehold GL Holdings LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 01/15/32 *(a)* | 100000 | 85223 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 04/01/34 *(a)* | 75000 | 76481 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 01/15/35 *(a)* | 100000 | 97767 |
| **Simon Property Group LP** | **Simon Property Group LP** | **Simon Property Group LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 11/30/26 *(a)* | 250000 | 245925 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 06/15/27 *(a)* | 100000 | 98183 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 12/01/27 *(a)* | 150000 | 146580 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 02/01/28 *(a)* | 175000 | 163746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 09/13/29 *(a)* | 250000 | 230142 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 07/15/30 *(a)* | 150000 | 136416 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 02/01/31 *(a)* | 150000 | 131313 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 01/15/32 *(a)* | 100000 | 85213 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 02/01/32 *(a)* | 100000 | 86886 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/08/33 *(a)* | 150000 | 153957 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 01/15/34 *(a)* | 100000 | 106790 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 09/26/34 *(a)* | 150000 | 143479 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 02/01/40 *(a)* | 100000 | 111667 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/15/42 *(a)* | 100000 | 87763 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 11/30/46 *(a)* | 150000 | 118958 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 09/13/49 *(a)* | 250000 | 164027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 07/15/50 *(a)* | 175000 | 125704 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 03/08/53 *(a)* | 150000 | 146407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.65%, 01/15/54 *(a)* | 75000 | 80916 |
| **Store Capital LLC** | **Store Capital LLC** | **Store Capital LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/15/28 *(a)* | 100000 | 98239 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 03/15/29 *(a)* | 100000 | 97429 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 04/30/30 *(a)(d)* | 75000 | 74728 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 12/01/31 *(a)* | 75000 | 62766 |
| **Sun Communities Operating LP** | **Sun Communities Operating LP** | **Sun Communities Operating LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 11/01/28 *(a)* | 100000 | 92638 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 07/15/31 *(a)* | 100000 | 87157 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 04/15/32 *(a)* | 100000 | 93575 |
| **Tanger Properties LP** | **Tanger Properties LP** | **Tanger Properties LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 07/15/27 *(a)* | 100000 | 98268 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 09/01/31 *(a)* | 100000 | 86474 |
| **UDR, Inc.** | **UDR, Inc.** | **UDR, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 01/15/28 *(a)* | 100000 | 97655 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 01/15/30 *(a)* | 150000 | 141090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 08/15/31 *(a)* | 100000 | 89756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 08/01/32 *(a)* | 150000 | 121703 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 03/15/33 *(a)* | 75000 | 58602 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 06/15/33 *(a)* | 100000 | 78823 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 09/01/34 *(a)* | 75000 | 73157 |
| **Ventas Realty LP** | **Ventas Realty LP** | **Ventas Realty LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 10/15/26 *(a)* | 100000 | 98046 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 04/01/27 *(a)* | 150000 | 148090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/01/28 *(a)* | 100000 | 98474 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 01/15/29 *(a)* | 150000 | 148579 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 11/15/30 *(a)* | 100000 | 99561 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 07/01/34 *(a)* | 100000 | 101179 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/15/35 *(a)* | 125000 | 120438 |

---

**20**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 09/30/43 *(a)* | 100000 | 94838 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 02/01/45 *(a)* | 100000 | 79790 |
| **Welltower OP LLC** | **Welltower OP LLC** | **Welltower OP LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 02/15/27 *(a)* | 100000 | 97443 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 04/15/28 *(a)* | 100000 | 99745 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 01/15/29 *(a)* | 100000 | 91861 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/15/29 *(a)* | 150000 | 148171 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 01/15/30 *(a)* | 100000 | 93924 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 01/15/31 *(a)* | 150000 | 135514 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 01/15/32 *(a)* | 100000 | 87947 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 06/15/32 *(a)* | 150000 | 140560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 03/15/41 *(a)* | 150000 | 160828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 09/01/48 *(a)* | 100000 | 89333 |
| **WP Carey, Inc.** | **WP Carey, Inc.** | **WP Carey, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 10/01/26 *(a)* | 150000 | 149080 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 02/01/31 *(a)* | 100000 | 86901 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 04/01/33 *(a)* | 100000 | 80262 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 06/30/34 *(a)* | 75000 | 74171 |
|  |  | **34539910** |
|  |  | **431179493** |
| **Industrial 13.5%** | **Industrial 13.5%** | **Industrial 13.5%** |
| ***Basic Industry 0.6%***  | ***Basic Industry 0.6%***  | ***Basic Industry 0.6%***  |
| **Air Products & Chemicals, Inc.** | **Air Products & Chemicals, Inc.** | **Air Products & Chemicals, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 02/08/29 *(a)* | 225000 | 227398 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 05/15/30 *(a)* | 200000 | 178378 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/08/31 *(a)* | 100000 | 100899 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/03/33 *(a)* | 100000 | 99798 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 02/08/34 *(a)* | 200000 | 198198 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 05/15/40 *(a)* | 150000 | 107120 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 05/15/50 *(a)* | 200000 | 123880 |
| **Albemarle Corp.** | **Albemarle Corp.** | **Albemarle Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 06/01/27 *(a)* | 100000 | 98858 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 06/01/32 *(a)* | 100000 | 92907 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 12/01/44 *(a)* | 50000 | 40729 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 06/01/52 *(a)* | 100000 | 80357 |
| **AngloGold Ashanti Holdings PLC** | **AngloGold Ashanti Holdings PLC** | **AngloGold Ashanti Holdings PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 11/01/28 *(a)* | 200000 | 189230 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 10/01/30 *(a)* | 200000 | 185196 |
| **ArcelorMittal SA** | **ArcelorMittal SA** | **ArcelorMittal SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55%, 11/29/27 *(a)* | 200000 | 207478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 07/16/29  | 100000 | 97759 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.80%, 11/29/32 *(a)* | 150000 | 162454 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 06/17/34 *(a)* | 100000 | 103209 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 10/15/39  | 100000 | 108698 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 03/01/41 *(g)* | 100000 | 102932 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 06/17/54 *(a)* | 75000 | 73501 |
| **Barrick Mining Corp.** | **Barrick Mining Corp.** | **Barrick Mining Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.45%, 10/15/35  | 150000 | 161832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 04/01/42  | 75000 | 70103 |
| **Barrick North America Finance LLC** | **Barrick North America Finance LLC** | **Barrick North America Finance LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 05/30/41  | 100000 | 97858 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 05/01/43  | 150000 | 147058 |
| **Barrick PD Australia Finance Pty. Ltd.** | **Barrick PD Australia Finance Pty. Ltd.** | **Barrick PD Australia Finance Pty. Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 10/15/39  | 150000 | 151624 |
| **BHP Billiton Finance USA Ltd.** | **BHP Billiton Finance USA Ltd.** | **BHP Billiton Finance USA Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 09/08/26  | 150000 | 151629 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/28/28 *(a)* | 200000 | 202546 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 09/08/28 *(a)* | 150000 | 153271 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/21/30 *(a)* | 200000 | 203266 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 09/08/30 *(a)* | 150000 | 154171 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 02/21/32 *(a)* | 150000 | 151741 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/28/33 *(a)* | 150000 | 148789 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 09/08/33 *(a)* | 250000 | 252315 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 02/21/35 *(a)* | 225000 | 225367 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 02/24/42  | 170000 | 141817 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/30/43  | 450000 | 415714 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 09/08/53 *(a)* | 150000 | 144371 |
| **Cabot Corp.** | **Cabot Corp.** | **Cabot Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/01/29 *(a)* | 150000 | 145160 |
| **Celulosa Arauco y Constitucion SA** | **Celulosa Arauco y Constitucion SA** | **Celulosa Arauco y Constitucion SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 11/02/47 *(a)* | 200000 | 173006 |
| **CF Industries, Inc.** | **CF Industries, Inc.** | **CF Industries, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 03/15/34  | 100000 | 97091 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 06/01/43  | 175000 | 150178 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 03/15/44  | 150000 | 135165 |
| **Dow Chemical Co.** | **Dow Chemical Co.** | **Dow Chemical Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 11/30/28 *(a)* | 100000 | 100756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.38%, 11/01/29  | 75000 | 82578 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 11/15/30 *(a)* | 150000 | 129962 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.30%, 03/15/33 *(a)* | 100000 | 105987 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 02/15/34 *(a)* | 150000 | 146911 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 10/01/34 *(a)* | 50000 | 44889 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 03/15/35 *(a)* | 75000 | 72736 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.40%, 05/15/39  | 100000 | 126887 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 11/15/41 *(a)* | 175000 | 155612 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 11/15/42 *(a)* | 250000 | 197067 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 10/01/44 *(a)* | 100000 | 79761 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 11/30/48 *(a)* | 150000 | 133800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 05/15/49 *(a)* | 150000 | 118857 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 11/15/50 *(a)* | 250000 | 163560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.90%, 05/15/53 *(a)* | 150000 | 156604 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 02/15/54 *(a)* | 100000 | 88541 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 03/15/55 *(a)* | 100000 | 92846 |
| **DuPont de Nemours, Inc.** | **DuPont de Nemours, Inc.** | **DuPont de Nemours, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.73%, 11/15/28 *(a)* | 400000 | 405012 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.32%, 11/15/38 *(a)* | 152000 | 155152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.42%, 11/15/48 *(a)* | 400000 | 394252 |
| **Eastman Chemical Co.** | **Eastman Chemical Co.** | **Eastman Chemical Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 12/01/28 *(a)* | 150000 | 149431 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/29 *(a)* | 100000 | 100523 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 03/08/33 *(a)* | 100000 | 102581 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 02/20/34 *(a)* | 100000 | 100064 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 09/01/42 *(a)* | 100000 | 85130 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 10/15/44 *(a)* | 200000 | 164748 |
| **Ecolab, Inc.** | **Ecolab, Inc.** | **Ecolab, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 11/01/26 *(a)* | 150000 | 146796 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 02/01/27 *(a)* | 100000 | 95920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 12/01/27 *(a)* | 150000 | 146625 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/24/30 *(a)* | 100000 | 101641 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 01/30/31 *(a)* | 100000 | 84071 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 02/01/32 *(a)* | 150000 | 127895 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 12/08/41  | 75000 | 74761 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 12/01/47 *(a)* | 75000 | 58634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 08/15/50 *(a)* | 100000 | 52785 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 12/15/51 *(a)* | 150000 | 89769 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 08/18/55 *(a)* | 150000 | 87176 |
| **EIDP, Inc.** | **EIDP, Inc.** | **EIDP, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 05/15/32 *(a)* | 100000 | 101030 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 05/15/33 *(a)* | 150000 | 147301 |
| **FMC Corp.** | **FMC Corp.** | **FMC Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 10/01/26 *(a)* | 100000 | 97783 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 10/01/29 *(a)* | 100000 | 92156 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 05/18/33 *(a)* | 25000 | 24101 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 10/01/49 *(a)* | 100000 | 71244 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 05/18/53 *(a)* | 100000 | 92093 |
| **Freeport-McMoRan, Inc.** | **Freeport-McMoRan, Inc.** | **Freeport-McMoRan, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/27 *(a)* | 150000 | 150153 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/01/28 *(a)* | 100000 | 98386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 09/01/29 *(a)* | 100000 | 100957 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/01/30 *(a)* | 75000 | 72731 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 08/01/30 *(a)* | 200000 | 196964 |

---

**21**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 11/14/34 *(a)* | 100000 | 100002 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/15/43 *(a)* | 300000 | 278196 |
| **Georgia-Pacific LLC** | **Georgia-Pacific LLC** | **Georgia-Pacific LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%, 11/15/29  | 75000 | 84674 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.88%, 05/15/31  | 100000 | 120967 |
| **Huntsman International LLC** | **Huntsman International LLC** | **Huntsman International LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/01/29 *(a)* | 100000 | 93684 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 06/15/31 *(a)* | 100000 | 82528 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 10/15/34 *(a)* | 100000 | 91166 |
| **International Flavors & Fragrances, Inc.** | **International Flavors & Fragrances, Inc.** | **International Flavors & Fragrances, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 09/26/28 *(a)* | 100000 | 99124 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/26/48 *(a)* | 150000 | 123390 |
| **International Paper Co.** | **International Paper Co.** | **International Paper Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/15/35 *(a)* | 75000 | 72335 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.30%, 11/15/39  | 100000 | 111849 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 11/15/41 *(a)* | 100000 | 98862 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 06/15/44 *(a)* | 100000 | 84536 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 05/15/46 *(a)* | 100000 | 87899 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 08/15/47 *(a)* | 100000 | 78186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 08/15/48 *(a)* | 100000 | 77578 |
| **Kinross Gold Corp.** | **Kinross Gold Corp.** | **Kinross Gold Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/15/27 *(a)* | 100000 | 99882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 07/15/33 *(a)* | 100000 | 105668 |
| **Linde, Inc.** | **Linde, Inc.** | **Linde, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.10%, 08/10/30 *(a)* | 100000 | 85164 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 11/07/42 *(a)* | 100000 | 77207 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 08/10/50 *(a)* | 150000 | 76382 |
| **Lubrizol Corp.** | **Lubrizol Corp.** | **Lubrizol Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 10/01/34  | 75000 | 83503 |
| **LYB International Finance BV** | **LYB International Finance BV** | **LYB International Finance BV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/15/43  | 150000 | 130290 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/15/44 *(a)* | 150000 | 124131 |
| **LYB International Finance II BV** | **LYB International Finance II BV** | **LYB International Finance II BV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/02/27 *(a)* | 150000 | 147129 |
| **LYB International Finance III LLC** | **LYB International Finance III LLC** | **LYB International Finance III LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 10/01/30 *(a)* | 100000 | 87461 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 05/15/33 *(a)* | 75000 | 75362 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/01/34 *(a)* | 150000 | 146442 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 05/15/35 *(a)* | 100000 | 101606 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 10/01/40 *(a)* | 150000 | 107603 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 10/15/49 *(a)* | 200000 | 143398 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 05/01/50 *(a)* | 175000 | 125351 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 04/01/51 *(a)* | 175000 | 113099 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 10/01/60 *(a)* | 100000 | 62350 |
| **LyondellBasell Industries NV** | **LyondellBasell Industries NV** | **LyondellBasell Industries NV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 02/26/55 *(a)* | 175000 | 132851 |
| **Mosaic Co.** | **Mosaic Co.** | **Mosaic Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 11/15/27 *(a)* | 100000 | 98748 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 11/15/28 *(a)* | 75000 | 76383 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 11/15/33 *(a)* | 75000 | 75195 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 11/15/41 *(a)* | 100000 | 86744 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 11/15/43 *(a)* | 100000 | 94095 |
| **NewMarket Corp.** | **NewMarket Corp.** | **NewMarket Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 03/18/31 *(a)* | 100000 | 88102 |
| **Newmont Corp.** | **Newmont Corp.** | **Newmont Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 10/01/29 *(a)* | 100000 | 93954 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 10/01/30 *(a)* | 200000 | 178782 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 07/15/32 *(a)* | 200000 | 174814 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 04/01/35  | 100000 | 105090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 10/01/39  | 150000 | 160045 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/15/42 *(a)* | 130000 | 118053 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 06/09/44 *(a)* | 100000 | 94927 |
| **Newmont Corp./Newcrest Finance Pty. Ltd.** | **Newmont Corp./Newcrest Finance Pty. Ltd.** | **Newmont Corp./Newcrest Finance Pty. Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/13/30 *(a)* | 100000 | 94581 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 03/15/34 *(a)* | 200000 | 202286 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 11/15/41 *(a)* | 100000 | 99481 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 05/13/50 *(a)* | 75000 | 58721 |
| **Nucor Corp.** | **Nucor Corp.** | **Nucor Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 05/01/28 *(a)* | 150000 | 148867 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 06/01/30 *(a)* | 150000 | 136790 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 06/01/30 *(a)* | 100000 | 99800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 04/01/32 *(a)* | 100000 | 89715 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 06/01/35 *(a)* | 100000 | 98232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 12/01/37  | 50000 | 54149 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 08/01/43 *(a)* | 75000 | 70920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 04/01/52 *(a)* | 100000 | 73143 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.98%, 12/15/55 *(a)* | 200000 | 117590 |
| **Nutrien Ltd.** | **Nutrien Ltd.** | **Nutrien Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/15/26 *(a)* | 100000 | 99152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 06/21/27 *(a)* | 100000 | 101313 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/27/28 *(a)* | 150000 | 151590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 04/01/29 *(a)* | 100000 | 98464 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 05/13/30 *(a)* | 150000 | 137808 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 06/21/34 *(a)* | 100000 | 99692 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/15/35 *(a)* | 75000 | 66892 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 12/01/36  | 50000 | 50864 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 12/01/40  | 100000 | 96675 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 01/15/41 *(a)* | 45000 | 45163 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 06/01/43 *(a)* | 100000 | 87731 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/15/45 *(a)* | 125000 | 112433 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/49 *(a)* | 100000 | 86855 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 05/13/50 *(a)* | 150000 | 108740 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 03/27/53 *(a)* | 150000 | 144455 |
| **Packaging Corp. of America** | **Packaging Corp. of America** | **Packaging Corp. of America** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 12/15/27 *(a)* | 75000 | 73109 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 12/15/29 *(a)* | 150000 | 140130 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 12/15/49 *(a)* | 100000 | 74066 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 10/01/51 *(a)* | 150000 | 91215 |
| **PPG Industries, Inc.** | **PPG Industries, Inc.** | **PPG Industries, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 03/15/28 *(a)* | 100000 | 98193 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 08/15/29 *(a)* | 100000 | 93329 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 06/15/30 *(a)* | 100000 | 90294 |
| **Rayonier LP** | **Rayonier LP** | **Rayonier LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 05/17/31 *(a)* | 75000 | 65525 |
| **Reliance, Inc.** | **Reliance, Inc.** | **Reliance, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 08/15/30 *(a)* | 200000 | 175360 |
| **Rio Tinto Alcan, Inc.** | **Rio Tinto Alcan, Inc.** | **Rio Tinto Alcan, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 03/15/31  | 100000 | 112724 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 12/15/33  | 150000 | 160606 |
| **Rio Tinto Finance USA Ltd.** | **Rio Tinto Finance USA Ltd.** | **Rio Tinto Finance USA Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%, 07/15/28  | 100000 | 107919 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 11/02/40  | 250000 | 240207 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 11/02/51 *(a)* | 250000 | 147145 |
| **Rio Tinto Finance USA PLC** | **Rio Tinto Finance USA PLC** | **Rio Tinto Finance USA PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/14/28 *(a)* | 150000 | 150619 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/14/30 *(a)* | 300000 | 303504 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/14/32 *(a)* | 225000 | 226201 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/09/33 *(a)* | 150000 | 150103 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/14/35 *(a)* | 300000 | 299385 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/22/42 *(a)* | 100000 | 88946 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 08/21/42 *(a)* | 100000 | 82516 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 03/09/53 *(a)* | 200000 | 178940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 03/14/55 *(a)* | 300000 | 292200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 03/14/65 *(a)* | 150000 | 146239 |
| **RPM International, Inc.** | **RPM International, Inc.** | **RPM International, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 03/15/27 *(a)* | 50000 | 49259 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 03/01/29 *(a)* | 100000 | 99374 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 01/15/32 *(a)* | 75000 | 65351 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/01/45 *(a)* | 75000 | 67978 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 01/15/48 *(a)* | 100000 | 81513 |

---

**22**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Sherwin-Williams Co.** | **Sherwin-Williams Co.** | **Sherwin-Williams Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 06/01/27 *(a)* | 250000 | 245507 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 03/01/28 *(a)* | 75000 | 75353 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 08/15/29 *(a)* | 100000 | 93619 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 05/15/30 *(a)* | 100000 | 89280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 09/01/31 *(a)* | 75000 | 75014 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 03/15/32 *(a)* | 150000 | 126924 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/15/42 *(a)* | 100000 | 78039 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 08/01/45 *(a)* | 75000 | 61967 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 06/01/47 *(a)* | 200000 | 163950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 08/15/49 *(a)* | 100000 | 71761 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 05/15/50 *(a)* | 100000 | 65600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 03/15/52 *(a)* | 100000 | 59268 |
| **Smurfit Kappa Treasury ULC** | **Smurfit Kappa Treasury ULC** | **Smurfit Kappa Treasury ULC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 01/15/30 *(a)* | 200000 | 202390 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.44%, 04/03/34 *(a)* | 200000 | 200696 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.78%, 04/03/54 *(a)* | 200000 | 190616 |
| **Smurfit Westrock Financing DAC** | **Smurfit Westrock Financing DAC** | **Smurfit Westrock Financing DAC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.42%, 01/15/35 *(a)* | 200000 | 198862 |
| **Southern Copper Corp.** | **Southern Copper Corp.** | **Southern Copper Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 07/27/35  | 150000 | 168439 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 04/16/40  | 200000 | 212710 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 11/08/42  | 250000 | 225892 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 04/23/45  | 250000 | 238365 |
| **Steel Dynamics, Inc.** | **Steel Dynamics, Inc.** | **Steel Dynamics, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/15/26 *(a)* | 100000 | 99962 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 10/15/27 *(a)* | 75000 | 70080 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 04/15/30 *(a)* | 100000 | 94075 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 08/15/34 *(a)* | 125000 | 124948 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 10/15/50 *(a)* | 75000 | 47813 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 05/15/55 *(a)* | 75000 | 70692 |
| **Suzano Austria GmbH** | **Suzano Austria GmbH** | **Suzano Austria GmbH** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 09/15/28 *(a)* | 100000 | 91977 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 01/15/29 *(a)* | 200000 | 204076 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/15/30 *(a)* | 200000 | 195740 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 01/15/31 *(a)* | 250000 | 226695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 01/15/32 *(a)* | 200000 | 171384 |
| **Suzano International Finance BV** | **Suzano International Finance BV** | **Suzano International Finance BV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/17/27  | 200000 | 201698 |
| **Vale Overseas Ltd.** | **Vale Overseas Ltd.** | **Vale Overseas Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 07/08/30 *(a)* | 300000 | 280887 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 06/12/33 *(a)* | 400000 | 411828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 11/21/36  | 150000 | 160689 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 11/10/39  | 200000 | 213280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 06/28/54 *(a)* | 275000 | 261591 |
| **Vale SA** | **Vale SA** | **Vale SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 09/11/42  | 100000 | 94945 |
| **Westlake Corp.** | **Westlake Corp.** | **Westlake Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 08/15/26 *(a)* | 100000 | 98548 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 06/15/30 *(a)* | 100000 | 93331 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/46 *(a)* | 100000 | 84090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 11/15/47 *(a)* | 100000 | 75366 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 08/15/51 *(a)* | 125000 | 74020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 08/15/61 *(a)* | 100000 | 56736 |
| **WestRock MWV LLC** | **WestRock MWV LLC** | **WestRock MWV LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.20%, 01/15/30  | 100000 | 113772 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.95%, 02/15/31  | 50000 | 57000 |
| **Weyerhaeuser Co.** | **Weyerhaeuser Co.** | **Weyerhaeuser Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 10/01/27  | 100000 | 105202 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/15/29 *(a)* | 150000 | 146229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/15/30 *(a)* | 150000 | 145178 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.38%, 03/15/32  | 100000 | 111993 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 03/09/33 *(a)* | 100000 | 88252 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/09/52 *(a)* | 75000 | 54612 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **WRKCo, Inc.** | **WRKCo, Inc.** | **WRKCo, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/15/28 *(a)* | 150000 | 147361 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 06/01/28 *(a)* | 100000 | 98006 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/15/29 *(a)* | 100000 | 100568 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 06/15/33 *(a)* | 150000 | 128916 |
| **Yamana Gold, Inc.** | **Yamana Gold, Inc.** | **Yamana Gold, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 08/15/31 *(a)(d)* | 50000 | 43611 |
|  |  | **31846512** |
| ***Capital Goods 1.3%***  | ***Capital Goods 1.3%***  | ***Capital Goods 1.3%***  |
| **3M Co.** | **3M Co.** | **3M Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 09/19/26 *(a)* | 150000 | 145888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 10/15/27 *(a)* | 100000 | 96524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 09/14/28 *(a)* | 150000 | 146578 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 03/01/29 *(a)* | 200000 | 192292 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 08/26/29 *(a)* | 150000 | 138078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/15/30 *(a)* | 100000 | 100801 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 04/15/30 *(a)* | 200000 | 186592 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 03/15/37  | 100000 | 102787 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 06/15/44  | 100000 | 78226 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 09/19/46 *(a)* | 100000 | 66893 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 10/15/47 *(a)* | 150000 | 108083 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 09/14/48 *(a)* | 150000 | 116007 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 08/26/49 *(a)* | 200000 | 132676 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 04/15/50 *(a)* | 100000 | 71188 |
| **ABB Finance USA, Inc.** | **ABB Finance USA, Inc.** | **ABB Finance USA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 04/03/28 *(a)* | 100000 | 99221 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 05/08/42  | 100000 | 85688 |
| **Acuity Brands Lighting, Inc.** | **Acuity Brands Lighting, Inc.** | **Acuity Brands Lighting, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 12/15/30 *(a)* | 100000 | 86665 |
| **AGCO Corp.** | **AGCO Corp.** | **AGCO Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/21/27 *(a)* | 75000 | 75700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 03/21/34 *(a)* | 125000 | 125488 |
| **Allegion PLC** | **Allegion PLC** | **Allegion PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 10/01/29 *(a)* | 100000 | 95208 |
| **Allegion U.S. Holding Co., Inc.** | **Allegion U.S. Holding Co., Inc.** | **Allegion U.S. Holding Co., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 10/01/27 *(a)* | 75000 | 73172 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.41%, 07/01/32 *(a)* | 100000 | 101604 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 05/29/34 *(a)* | 75000 | 75746 |
| **Amcor Finance USA, Inc.** | **Amcor Finance USA, Inc.** | **Amcor Finance USA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/15/28 *(a)* | 100000 | 99443 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 05/26/33 *(a)* | 75000 | 76493 |
| **Amcor Flexibles North America, Inc.** | **Amcor Flexibles North America, Inc.** | **Amcor Flexibles North America, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/17/28 *(d)* | 150000 | 150451 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 03/17/30 *(a)(d)* | 125000 | 125904 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 06/19/30 *(a)* | 100000 | 89760 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.69%, 05/25/31 *(a)* | 150000 | 132537 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/17/35 *(a)(d)* | 150000 | 148732 |
| **Amphenol Corp.** | **Amphenol Corp.** | **Amphenol Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 04/05/27 *(a)* | 75000 | 76030 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 04/05/29 *(a)* | 75000 | 76708 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 06/01/29 *(a)* | 100000 | 99873 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 02/15/30 *(a)* | 150000 | 139536 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 09/15/31 *(a)* | 200000 | 173336 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 04/05/34 *(a)* | 100000 | 101345 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/15/35 *(a)* | 225000 | 223283 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 11/15/54 *(a)* | 75000 | 71615 |
| **AptarGroup, Inc.** | **AptarGroup, Inc.** | **AptarGroup, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 03/15/32 *(a)* | 100000 | 91466 |
| **Avery Dennison Corp.** | **Avery Dennison Corp.** | **Avery Dennison Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 04/30/30 *(a)* | 100000 | 90586 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 02/15/32 *(a)* | 100000 | 83439 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 03/15/33 *(a)* | 100000 | 102539 |

---

**23**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Berry Global, Inc.** | **Berry Global, Inc.** | **Berry Global, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 04/15/28 *(a)* | 100000 | 101849 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 06/15/31 *(a)* | 200000 | 207906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 01/15/34 *(a)* | 150000 | 151285 |
| **Boeing Co.** | **Boeing Co.** | **Boeing Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 06/15/26 *(a)* | 50000 | 48755 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 02/01/27 *(a)* | 200000 | 193746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 03/01/27 *(a)* | 100000 | 96500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.04%, 05/01/27 *(a)* | 300000 | 301887 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.26%, 05/01/27 *(a)* | 200000 | 205776 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 02/01/28 *(a)* | 250000 | 241302 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/01/28 *(a)* | 75000 | 72196 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 11/01/28 *(a)* | 50000 | 47792 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 03/01/29 *(a)* | 150000 | 142109 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.30%, 05/01/29 *(a)* | 250000 | 263067 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 02/01/30 *(a)* | 150000 | 137765 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 05/01/30 *(a)* | 800000 | 807520 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 02/01/31 *(a)* | 250000 | 233315 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.39%, 05/01/31 *(a)* | 250000 | 266900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 02/15/33  | 75000 | 77974 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 05/01/34 *(a)* | 100000 | 86578 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.53%, 05/01/34 *(a)* | 475000 | 507514 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 02/01/35 *(a)* | 150000 | 123618 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 02/15/38  | 100000 | 105765 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 03/01/38 *(a)* | 100000 | 77445 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/01/39 *(a)* | 50000 | 37694 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 03/15/39  | 80000 | 85612 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 02/15/40  | 100000 | 97514 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.71%, 05/01/40 *(a)* | 550000 | 531014 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 06/15/46 *(a)* | 75000 | 49641 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 03/01/47 *(a)* | 50000 | 33989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 03/01/48 *(a)* | 50000 | 33124 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 11/01/48 *(a)* | 100000 | 69006 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 05/01/49 *(a)* | 100000 | 70112 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 02/01/50 *(a)* | 250000 | 171665 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.81%, 05/01/50 *(a)* | 1000000 | 937540 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.86%, 05/01/54 *(a)* | 475000 | 507414 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.83%, 03/01/59 *(a)* | 50000 | 32640 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 08/01/59 *(a)* | 150000 | 99420 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.93%, 05/01/60 *(a)* | 550000 | 510081 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.01%, 05/01/64 *(a)* | 325000 | 347334 |
| **Carlisle Cos., Inc.** | **Carlisle Cos., Inc.** | **Carlisle Cos., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 12/01/27 *(a)* | 150000 | 146992 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 03/01/30 *(a)* | 150000 | 137727 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 03/01/32 *(a)* | 100000 | 83602 |
| **Carrier Global Corp.** | **Carrier Global Corp.** | **Carrier Global Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.49%, 02/15/27 *(a)* | 56000 | 54277 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.72%, 02/15/30 *(a)* | 400000 | 368420 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 02/15/31 *(a)(d)* | 150000 | 134946 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 03/15/34 *(a)* | 200000 | 210342 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 04/05/40 *(a)* | 300000 | 233058 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.58%, 04/05/50 *(a)(d)* | 225000 | 161302 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 03/15/54 *(a)* | 87000 | 92003 |
| **Caterpillar Financial Services Corp.** | **Caterpillar Financial Services Corp.** | **Caterpillar Financial Services Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 08/09/26  | 162000 | 158446 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.15%, 09/14/26  | 100000 | 96149 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/07/27  | 100000 | 100499 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 01/08/27  | 100000 | 96394 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 08/12/27  | 150000 | 148054 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.10%, 09/14/27  | 150000 | 139884 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 10/15/27  | 150000 | 150514 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 11/15/27  | 200000 | 201686 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 02/27/29  | 100000 | 101786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 08/16/29  | 200000 | 200144 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 11/15/29  | 200000 | 202676 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 01/08/30  | 100000 | 101919 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Caterpillar, Inc.** | **Caterpillar, Inc.** | **Caterpillar, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 09/19/29 *(a)* | 100000 | 93323 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 04/09/30 *(a)* | 200000 | 184918 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 03/12/31 *(a)* | 200000 | 174376 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 05/15/35 *(a)* | 300000 | 301296 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 09/15/35  | 100000 | 102428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 08/15/36  | 100000 | 108089 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 05/27/41  | 150000 | 146445 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 08/15/42  | 350000 | 283293 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 05/15/44 *(a)* | 100000 | 84921 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 09/19/49 *(a)* | 100000 | 68753 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 04/09/50 *(a)* | 250000 | 171142 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 05/15/55 *(a)* | 100000 | 97605 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 05/15/64 *(a)* | 100000 | 84679 |
| **CNH Industrial Capital LLC** | **CNH Industrial Capital LLC** | **CNH Industrial Capital LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 07/15/26 *(a)* | 100000 | 96453 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 10/08/27 *(a)* | 100000 | 99882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 04/10/28 *(a)* | 100000 | 99764 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/12/29 *(a)* | 100000 | 102583 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 04/20/29 *(a)* | 100000 | 101305 |
| **CNH Industrial NV** | **CNH Industrial NV** | **CNH Industrial NV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 11/15/27 *(a)* | 100000 | 98902 |
| **CRH America Finance, Inc.** | **CRH America Finance, Inc.** | **CRH America Finance, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 05/21/34 *(a)* | 200000 | 201996 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/09/35 *(a)* | 200000 | 201746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 01/09/55 *(a)* | 100000 | 98397 |
| **CRH SMW Finance DAC** | **CRH SMW Finance DAC** | **CRH SMW Finance DAC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 05/21/29 *(a)* | 200000 | 203704 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 01/09/30 *(a)* | 200000 | 203298 |
| **Deere & Co.** | **Deere & Co.** | **Deere & Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 10/16/29  | 112000 | 117025 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 04/15/30 *(a)* | 150000 | 141284 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%, 03/03/31  | 75000 | 85040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 01/16/35 *(a)* | 200000 | 205132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 06/09/42 *(a)* | 200000 | 166636 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 09/07/49 *(a)* | 100000 | 64326 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/15/50 *(a)* | 150000 | 113778 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 01/19/55 *(a)* | 100000 | 100806 |
| **Dover Corp.** | **Dover Corp.** | **Dover Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 03/01/41 *(a)* | 100000 | 94912 |
| **Eagle Materials, Inc.** | **Eagle Materials, Inc.** | **Eagle Materials, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 07/01/31 *(a)* | 150000 | 130586 |
| **Eaton Capital ULC** | **Eaton Capital ULC** | **Eaton Capital ULC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 05/09/30 *(a)* | 200000 | 199351 |
| **Eaton Corp.** | **Eaton Corp.** | **Eaton Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 09/15/27 *(a)* | 150000 | 146607 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 05/18/28 *(a)* | 100000 | 100443 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/02/32  | 96000 | 91273 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 03/15/33 *(a)* | 300000 | 287415 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 11/02/42  | 150000 | 125651 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.92%, 09/15/47 *(a)* | 100000 | 77609 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 08/23/52 *(a)* | 100000 | 86622 |
| **Embraer Netherlands Finance BV** | **Embraer Netherlands Finance BV** | **Embraer Netherlands Finance BV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.98%, 02/11/35 *(a)* | 125000 | 126633 |
| **Emerson Electric Co.** | **Emerson Electric Co.** | **Emerson Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 10/15/26 *(a)* | 150000 | 143213 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 10/15/27 *(a)* | 150000 | 142152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 12/21/28 *(a)* | 200000 | 185202 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 12/21/31 *(a)* | 200000 | 173862 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/15/35 *(a)* | 75000 | 75434 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 11/15/39  | 50000 | 49796 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 10/15/50 *(a)* | 100000 | 60804 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 12/21/51 *(a)* | 200000 | 121740 |
| **Ferguson Enterprises, Inc.** | **Ferguson Enterprises, Inc.** | **Ferguson Enterprises, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/03/34 *(a)* | 125000 | 120499 |

---

**24**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Flowserve Corp.** | **Flowserve Corp.** | **Flowserve Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 10/01/30 *(a)* | 150000 | 138650 |
| **Fortive Corp.** | **Fortive Corp.** | **Fortive Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 06/15/26 *(a)* | 150000 | 147801 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 06/15/46 *(a)* | 80000 | 63442 |
| **Fortune Brands Innovations, Inc.** | **Fortune Brands Innovations, Inc.** | **Fortune Brands Innovations, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 09/15/29 *(a)* | 100000 | 93982 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/25/32 *(a)* | 100000 | 92321 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 06/01/33 *(a)* | 100000 | 102772 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/25/52 *(a)* | 100000 | 77165 |
| **GE Capital Funding LLC** | **GE Capital Funding LLC** | **GE Capital Funding LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 05/15/32 *(a)* | 250000 | 246145 |
| **GE Capital International Funding Co. Unlimited Co.** | **GE Capital International Funding Co. Unlimited Co.** | **GE Capital International Funding Co. Unlimited Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.37%, 11/15/25  | 100000 | 99388 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.42%, 11/15/35  | 200000 | 189912 |
| **General Dynamics Corp.** | **General Dynamics Corp.** | **General Dynamics Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.15%, 06/01/26 *(a)* | 100000 | 96926 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 08/15/26 *(a)* | 100000 | 97618 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/01/27 *(a)* | 100000 | 98966 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 05/15/28 *(a)* | 300000 | 297429 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 04/01/30 *(a)* | 150000 | 145054 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 06/01/31 *(a)* | 100000 | 88102 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 04/01/40 *(a)* | 100000 | 87507 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 06/01/41 *(a)* | 100000 | 71536 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 11/15/42 *(a)* | 150000 | 117537 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 04/01/50 *(a)* | 150000 | 122742 |
| **General Electric Co.** | **General Electric Co.** | **General Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 03/15/32  | 200000 | 223438 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 01/14/38  | 100000 | 104827 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 01/10/39  | 100000 | 114519 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/11/44  | 100000 | 86586 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 05/01/50 *(a)* | 150000 | 123752 |
| **HEICO Corp.** | **HEICO Corp.** | **HEICO Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 08/01/28 *(a)* | 100000 | 102214 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 08/01/33 *(a)* | 100000 | 101102 |
| **Hexcel Corp.** | **Hexcel Corp.** | **Hexcel Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 02/15/27 *(a)* | 200000 | 197758 |
| **Holcim Finance U.S. LLC** | **Holcim Finance U.S. LLC** | **Holcim Finance U.S. LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 04/07/28 *(a)(d)* | 125000 | 125719 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 04/07/30 *(a)(d)* | 150000 | 151026 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 04/07/35 *(a)(d)* | 150000 | 149353 |
| **Honeywell International, Inc.** | **Honeywell International, Inc.** | **Honeywell International, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 11/01/26 *(a)* | 300000 | 292320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.10%, 03/01/27 *(a)* | 200000 | 189276 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 07/30/27 *(a)* | 200000 | 201106 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 01/15/29 *(a)* | 200000 | 199232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 08/15/29 *(a)* | 150000 | 140156 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 09/01/29 *(a)* | 100000 | 101844 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 02/01/30 *(a)* | 200000 | 201716 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 06/01/30 *(a)* | 200000 | 177082 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 09/01/31 *(a)* | 250000 | 210475 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 09/01/31 *(a)* | 100000 | 101639 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/01/32 *(a)* | 200000 | 199242 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/15/33 *(a)* | 225000 | 225657 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/15/34 *(a)* | 200000 | 192526 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/01/35 *(a)* | 300000 | 297771 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 03/15/37  | 100000 | 102999 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.81%, 11/21/47 *(a)* | 150000 | 112737 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 06/01/50 *(a)* | 150000 | 92229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/01/54 *(a)* | 300000 | 278355 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 03/01/64 *(a)* | 150000 | 136908 |
| **Howmet Aerospace, Inc.** | **Howmet Aerospace, Inc.** | **Howmet Aerospace, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 02/01/27  | 100000 | 102322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 01/15/28  | 100000 | 105514 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 01/15/29 *(a)* | 100000 | 95176 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 10/15/31 *(a)* | 100000 | 100310 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 02/01/37  | 100000 | 104947 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Hubbell, Inc.** | **Hubbell, Inc.** | **Hubbell, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 02/15/28 *(a)* | 100000 | 97572 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 03/15/31 *(a)* | 100000 | 87299 |
| **Huntington Ingalls Industries, Inc.** | **Huntington Ingalls Industries, Inc.** | **Huntington Ingalls Industries, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.48%, 12/01/27 *(a)* | 100000 | 97392 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.04%, 08/16/28 *(a)* | 100000 | 92229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 01/15/30 *(a)* | 100000 | 101661 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 05/01/30 *(a)* | 100000 | 96559 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 01/15/35 *(a)* | 100000 | 101323 |
| **IDEX Corp.** | **IDEX Corp.** | **IDEX Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 09/01/29 *(a)* | 75000 | 75550 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/01/30 *(a)* | 200000 | 184240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 06/15/31 *(a)* | 75000 | 65906 |
| **Illinois Tool Works, Inc.** | **Illinois Tool Works, Inc.** | **Illinois Tool Works, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 11/15/26 *(a)* | 200000 | 196024 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 09/01/42 *(a)* | 300000 | 242178 |
| **Ingersoll Rand, Inc.** | **Ingersoll Rand, Inc.** | **Ingersoll Rand, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 06/15/27 *(a)* | 150000 | 151933 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 08/14/28 *(a)* | 75000 | 77051 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.18%, 06/15/29 *(a)* | 150000 | 152992 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.31%, 06/15/31 *(a)* | 75000 | 76826 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 08/14/33 *(a)* | 200000 | 205910 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 06/15/34 *(a)* | 150000 | 151560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 06/15/54 *(a)* | 100000 | 96479 |
| **John Deere Capital Corp.** | **John Deere Capital Corp.** | **John Deere Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 06/08/26  | 150000 | 150682 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 06/10/26  | 100000 | 98321 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.05%, 06/17/26  | 100000 | 96702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 09/08/26  | 100000 | 101105 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 10/13/26  | 100000 | 96042 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/08/27  | 200000 | 201104 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 01/11/27  | 100000 | 96065 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 03/05/27  | 100000 | 101074 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 03/09/27  | 200000 | 191548 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 06/11/27  | 150000 | 152085 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 07/15/27  | 200000 | 200064 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 09/15/27  | 200000 | 199714 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 01/06/28  | 50000 | 48642 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 01/07/28  | 100000 | 101329 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 01/20/28  | 200000 | 202778 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/03/28  | 100000 | 101958 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 03/06/28  | 150000 | 139563 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 07/14/28  | 250000 | 255280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/16/29  | 150000 | 151068 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 03/07/29  | 100000 | 96965 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 04/18/29  | 100000 | 96712 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 06/11/29  | 150000 | 152956 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 07/18/29  | 150000 | 141504 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 10/11/29  | 100000 | 102164 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 01/09/30  | 100000 | 92087 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 06/10/30  | 200000 | 201980 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 01/15/31  | 100000 | 85293 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/07/31  | 150000 | 152307 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 06/17/31  | 100000 | 86676 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 09/08/31  | 200000 | 197966 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 06/07/32  | 100000 | 95112 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 09/15/32  | 150000 | 146614 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 09/08/33  | 175000 | 178265 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 04/11/34  | 200000 | 201164 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 06/12/34  | 150000 | 150246 |
| **Johnson Controls International PLC** | **Johnson Controls International PLC** | **Johnson Controls International PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 01/15/36  | 50000 | 52664 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 07/02/44 *(a)* | 95000 | 79428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/15/47 *(a)* | 100000 | 81845 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 07/02/64 *(a)(e)* | 100000 | 81044 |

---

**25**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Johnson Controls International PLC/Tyco Fire & Security Finance SCA** | **Johnson Controls International PLC/Tyco Fire & Security Finance SCA** | **Johnson Controls International PLC/Tyco Fire & Security Finance SCA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 04/19/29 *(a)* | 175000 | 180609 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 09/15/30 *(a)* | 150000 | 130194 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 09/16/31 *(a)* | 100000 | 84808 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 12/01/32 *(a)* | 100000 | 98968 |
| **Kennametal, Inc.** | **Kennametal, Inc.** | **Kennametal, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 06/15/28 *(a)* | 100000 | 99469 |
| **L3Harris Technologies, Inc.** | **L3Harris Technologies, Inc.** | **L3Harris Technologies, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 12/15/26 *(a)* | 75000 | 74313 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 01/15/27  | 225000 | 228226 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 06/15/28 *(a)* | 300000 | 298971 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 06/01/29 *(a)* | 150000 | 152359 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 12/15/29 *(a)* | 50000 | 46312 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 01/15/31 *(a)* | 200000 | 170316 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/01/31 *(a)* | 150000 | 153072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 07/31/33 *(a)* | 275000 | 278916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 06/01/34 *(a)* | 150000 | 151078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 12/15/40  | 95000 | 98250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 04/27/45 *(a)* | 100000 | 91108 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 07/31/53 *(a)* | 100000 | 95384 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 08/15/54 *(a)* | 100000 | 94116 |
| **Leggett & Platt, Inc.** | **Leggett & Platt, Inc.** | **Leggett & Platt, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 11/15/27 *(a)* | 100000 | 96412 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 03/15/29 *(a)* | 100000 | 95965 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 11/15/51 *(a)* | 100000 | 60110 |
| **Lennox International, Inc.** | **Lennox International, Inc.** | **Lennox International, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 08/01/27 *(a)* | 75000 | 70430 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 09/15/28 *(a)* | 100000 | 102659 |
| **Lockheed Martin Corp.** | **Lockheed Martin Corp.** | **Lockheed Martin Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 11/15/27 *(a)* | 150000 | 153577 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 05/15/28 *(a)* | 100000 | 100780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/15/29 *(a)* | 100000 | 100566 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.85%, 06/15/30 *(a)* | 100000 | 88491 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 12/15/31 *(a)* | 125000 | 125660 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 06/15/32 *(a)* | 150000 | 142572 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/15/33 *(a)* | 150000 | 154378 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/15/34 *(a)* | 150000 | 147436 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 08/15/34 *(a)* | 100000 | 98400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 03/01/35 *(a)* | 100000 | 89242 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/15/36 *(a)* | 125000 | 118528 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 09/01/36  | 100000 | 108407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.72%, 06/01/40  | 100000 | 102652 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.07%, 12/15/42  | 200000 | 165116 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 03/01/45 *(a)* | 150000 | 116445 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 05/15/46 *(a)* | 250000 | 218787 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 06/15/50 *(a)* | 150000 | 91377 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.09%, 09/15/52 *(a)* | 288000 | 222157 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 06/15/53 *(a)* | 150000 | 116316 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 11/15/54 *(a)* | 150000 | 148144 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 02/15/55 *(a)* | 225000 | 206993 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 06/15/62 *(a)* | 125000 | 95944 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 11/15/63 *(a)* | 150000 | 152091 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 02/15/64 *(a)* | 100000 | 89926 |
| **Martin Marietta Materials, Inc.** | **Martin Marietta Materials, Inc.** | **Martin Marietta Materials, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 06/01/27 *(a)* | 50000 | 48919 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 12/15/27 *(a)* | 50000 | 48817 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 03/15/30 *(a)* | 100000 | 91070 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 07/15/31 *(a)* | 200000 | 174186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 12/01/34 *(a)* | 125000 | 124153 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/15/47 *(a)* | 100000 | 78824 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 07/15/51 *(a)* | 150000 | 95655 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 12/01/54 *(a)* | 125000 | 117096 |
| **Masco Corp.** | **Masco Corp.** | **Masco Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 02/15/28 *(a)* | 100000 | 92147 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 10/01/30 *(a)* | 100000 | 86128 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 02/15/31 *(a)* | 125000 | 105841 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/15/47 *(a)* | 100000 | 79279 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Mohawk Industries, Inc.** | **Mohawk Industries, Inc.** | **Mohawk Industries, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 05/15/30 *(a)* | 160000 | 150877 |
| **Nordson Corp.** | **Nordson Corp.** | **Nordson Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 12/15/29 *(a)* | 150000 | 148356 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 09/15/33 *(a)* | 100000 | 104161 |
| **Northrop Grumman Corp.** | **Northrop Grumman Corp.** | **Northrop Grumman Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 02/01/27 *(a)* | 100000 | 98115 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 01/15/28 *(a)* | 375000 | 364849 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 02/01/29 *(a)* | 150000 | 151101 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 05/01/30 *(a)* | 150000 | 148875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 03/15/33 *(a)* | 250000 | 246152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 06/01/34 *(a)* | 150000 | 147673 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 05/01/40 *(a)* | 100000 | 95702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 11/15/40  | 100000 | 94023 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 06/01/43  | 150000 | 132870 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 04/15/45 *(a)* | 75000 | 57947 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.03%, 10/15/47 *(a)* | 400000 | 310548 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/01/50 *(a)* | 200000 | 184192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 03/15/53 *(a)* | 150000 | 131837 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 06/01/54 *(a)* | 200000 | 182164 |
| **nVent Finance SARL** | **nVent Finance SARL** | **nVent Finance SARL** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 04/15/28 *(a)* | 150000 | 149605 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 05/15/33 *(a)* | 100000 | 99953 |
| **Oshkosh Corp.** | **Oshkosh Corp.** | **Oshkosh Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 03/01/30 *(a)* | 100000 | 92225 |
| **Otis Worldwide Corp.** | **Otis Worldwide Corp.** | **Otis Worldwide Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.29%, 04/05/27 *(a)* | 100000 | 96207 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 08/16/28 *(a)* | 100000 | 102570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.57%, 02/15/30 *(a)* | 250000 | 228305 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 11/19/31 *(a)* | 125000 | 126830 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.11%, 02/15/40 *(a)* | 175000 | 131023 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.36%, 02/15/50 *(a)* | 125000 | 83929 |
| **Owens Corning** | **Owens Corning** | **Owens Corning** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 08/15/26 *(a)* | 75000 | 73917 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/15/27 *(a)* | 100000 | 101707 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 08/15/29 *(a)* | 100000 | 96970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 02/15/30 *(a)* | 75000 | 70946 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 06/01/30 *(a)* | 100000 | 95593 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 06/15/34 *(a)* | 150000 | 153319 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 12/01/36  | 25000 | 27681 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 07/15/47 *(a)* | 100000 | 78851 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 01/30/48 *(a)* | 100000 | 79566 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 06/15/54 *(a)* | 125000 | 123076 |
| **Parker-Hannifin Corp.** | **Parker-Hannifin Corp.** | **Parker-Hannifin Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/01/27 *(a)* | 100000 | 98351 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 09/15/27 *(a)* | 200000 | 199736 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/14/29 *(a)* | 150000 | 143657 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 09/15/29 *(a)* | 200000 | 200918 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 11/21/34 *(a)* | 150000 | 140588 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 05/15/38  | 50000 | 53652 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 11/21/44 *(a)* | 100000 | 84179 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 03/01/47 *(a)* | 100000 | 78340 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/14/49 *(a)* | 200000 | 153314 |
| **Pentair Finance SARL** | **Pentair Finance SARL** | **Pentair Finance SARL** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/01/29 *(a)* | 75000 | 73952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 07/15/32 *(a)* | 50000 | 51606 |
| **Precision Castparts Corp.** | **Precision Castparts Corp.** | **Precision Castparts Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 01/15/43 *(a)* | 100000 | 79531 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 06/15/45 *(a)* | 100000 | 83477 |
| **Regal Rexnord Corp.** | **Regal Rexnord Corp.** | **Regal Rexnord Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 04/15/28 *(a)* | 200000 | 205364 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.30%, 02/15/30 *(a)* | 200000 | 207428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 04/15/33 *(a)* | 200000 | 207322 |
| **Republic Services, Inc.** | **Republic Services, Inc.** | **Republic Services, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 07/01/26 *(a)* | 200000 | 197152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 11/15/27 *(a)* | 150000 | 146907 |

---

**26**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 05/15/28 *(a)* | 100000 | 99105 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 04/01/29 *(a)* | 100000 | 101732 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 03/01/30 *(a)* | 200000 | 181224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 02/15/31 *(a)* | 250000 | 210590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 02/15/32 *(a)* | 100000 | 83104 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 03/15/33 *(a)* | 100000 | 84035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/15/33 *(a)* | 100000 | 100459 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/34 *(a)* | 150000 | 150112 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 03/01/40  | 100000 | 106291 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 05/15/41 *(a)* | 75000 | 75847 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 03/01/50 *(a)* | 100000 | 65745 |
| **Rockwell Automation, Inc.** | **Rockwell Automation, Inc.** | **Rockwell Automation, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/01/29 *(a)* | 100000 | 97068 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 08/15/31 *(a)* | 100000 | 84891 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/01/49 *(a)* | 100000 | 80274 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 08/15/61 *(a)* | 100000 | 55942 |
| **RTX Corp.** | **RTX Corp.** | **RTX Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 11/01/26 *(a)* | 150000 | 146430 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 11/08/26 *(a)* | 225000 | 228935 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/15/27 *(a)* | 200000 | 196890 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 05/04/27 *(a)* | 200000 | 195434 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.20%, 08/15/27  | 75000 | 79316 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 11/16/28 *(a)* | 550000 | 544555 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 01/15/29 *(a)* | 200000 | 208592 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 09/15/29  | 100000 | 110953 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 07/01/30 *(a)* | 150000 | 134082 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 03/15/31 *(a)* | 175000 | 185908 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 09/01/31 *(a)* | 200000 | 168828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 03/15/32 *(a)* | 200000 | 171014 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 02/27/33 *(a)* | 200000 | 201514 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 03/15/34 *(a)* | 275000 | 292982 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 05/01/35  | 75000 | 75920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 06/01/36  | 100000 | 105838 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 07/15/38  | 100000 | 105785 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 11/16/38 *(a)* | 175000 | 157524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 04/15/40  | 100000 | 101810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 10/15/40 *(d)* | 150000 | 137964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 12/15/41  | 100000 | 88749 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 06/01/42  | 500000 | 432790 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 12/15/43 *(a)* | 50000 | 44158 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 05/15/45 *(a)* | 175000 | 140389 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 11/01/46 *(a)* | 225000 | 167895 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 04/15/47 *(a)* | 150000 | 122195 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 05/04/47 *(a)* | 100000 | 77563 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 11/16/48 *(a)* | 300000 | 252204 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 07/01/50 *(a)* | 200000 | 128394 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.82%, 09/01/51 *(a)* | 200000 | 119644 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.03%, 03/15/52 *(a)* | 200000 | 124348 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 02/27/53 *(a)* | 200000 | 186272 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 03/15/54 *(a)* | 300000 | 320628 |
| **Snap-on, Inc.** | **Snap-on, Inc.** | **Snap-on, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 03/01/48 *(a)* | 100000 | 78499 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 05/01/50 *(a)* | 100000 | 64787 |
| **Sonoco Products Co.** | **Sonoco Products Co.** | **Sonoco Products Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 09/01/26  | 100000 | 99593 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 09/01/29 *(a)* | 100000 | 98810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 05/01/30 *(a)* | 100000 | 91940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 02/01/32 *(a)* | 100000 | 86867 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/34 *(a)* | 150000 | 142766 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 11/01/40 *(a)* | 150000 | 145746 |
| **Stanley Black & Decker, Inc.** | **Stanley Black & Decker, Inc.** | **Stanley Black & Decker, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 03/06/28 *(a)* | 100000 | 103676 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 11/15/28 *(a)* | 75000 | 74057 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 03/15/30 *(a)* | 200000 | 176382 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 09/01/40  | 100000 | 91568 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 11/15/48 *(a)* | 75000 | 60843 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 11/15/50 *(a)* | 100000 | 55146 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Teledyne Technologies, Inc.** | **Teledyne Technologies, Inc.** | **Teledyne Technologies, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 04/01/28 *(a)* | 400000 | 377504 |
| **Textron, Inc.** | **Textron, Inc.** | **Textron, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 03/01/28 *(a)* | 100000 | 96829 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 06/01/30 *(a)* | 100000 | 91502 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 03/15/31 *(a)* | 250000 | 218285 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 11/15/33 *(a)* | 75000 | 78505 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 05/15/35 *(a)* | 75000 | 74716 |
| **Timken Co.** | **Timken Co.** | **Timken Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 12/15/28 *(a)* | 100000 | 99342 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 04/01/32 *(a)* | 100000 | 92113 |
| **Trane Technologies Financing Ltd.** | **Trane Technologies Financing Ltd.** | **Trane Technologies Financing Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 03/21/29 *(a)* | 100000 | 98269 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/03/33 *(a)* | 200000 | 204296 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 06/13/34 *(a)* | 100000 | 100027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/21/49 *(a)* | 75000 | 61502 |
| **Trane Technologies Global Holding Co. Ltd.** | **Trane Technologies Global Holding Co. Ltd.** | **Trane Technologies Global Holding Co. Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 08/21/28 *(a)* | 100000 | 98161 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 06/15/43  | 100000 | 98744 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 02/21/48 *(a)* | 75000 | 59706 |
| **Valmont Industries, Inc.** | **Valmont Industries, Inc.** | **Valmont Industries, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/44 *(a)* | 100000 | 87900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 10/01/54 *(a)* | 75000 | 65614 |
| **Veralto Corp.** | **Veralto Corp.** | **Veralto Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 09/18/26 *(a)* | 100000 | 101128 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 09/18/28 *(a)* | 100000 | 102699 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 09/18/33 *(a)* | 175000 | 177756 |
| **Vontier Corp.** | **Vontier Corp.** | **Vontier Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 04/01/31 *(a)* | 100000 | 88264 |
| **Vulcan Materials Co.** | **Vulcan Materials Co.** | **Vulcan Materials Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 04/01/27 *(a)* | 150000 | 148792 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 06/01/30 *(a)* | 50000 | 47481 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 12/01/34 *(a)* | 125000 | 126000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 06/15/47 *(a)* | 150000 | 123842 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 03/01/48 *(a)* | 100000 | 84287 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 12/01/54 *(a)* | 200000 | 192886 |
| **Waste Connections, Inc.** | **Waste Connections, Inc.** | **Waste Connections, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/01/28 *(a)* | 100000 | 99859 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 05/01/29 *(a)* | 100000 | 96983 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 02/01/30 *(a)* | 150000 | 137985 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 06/01/32 *(a)* | 100000 | 90051 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 01/15/33 *(a)* | 125000 | 119398 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/01/34 *(a)* | 150000 | 149662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 04/01/50 *(a)* | 100000 | 64298 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 01/15/52 *(a)* | 200000 | 123852 |
| **Waste Management, Inc.** | **Waste Management, Inc.** | **Waste Management, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 07/03/27 *(a)* | 150000 | 152185 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 11/15/27 *(a)* | 200000 | 195002 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.15%, 03/15/28 *(a)* | 100000 | 92062 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/15/28 *(a)* | 150000 | 151042 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 01/15/29 *(a)(d)* | 100000 | 97960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 02/15/29 *(a)* | 150000 | 152796 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 02/15/30 *(a)* | 150000 | 151144 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 03/15/30 *(a)* | 125000 | 125860 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 03/15/31 *(a)* | 150000 | 126818 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 07/03/31 *(a)* | 125000 | 127069 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/15/32 *(a)* | 125000 | 125319 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 04/15/32 *(a)* | 200000 | 193136 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 02/15/33 *(a)* | 100000 | 99061 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 02/15/34 *(a)* | 250000 | 249435 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 03/15/35 *(a)* | 250000 | 246992 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 06/01/41 *(a)* | 75000 | 54235 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 03/01/45 *(a)* | 112000 | 91243 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 07/15/49 *(a)* | 100000 | 79177 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 11/15/50 *(a)* | 150000 | 86436 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 10/15/54 *(a)* | 200000 | 189510 |

---

**27**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Westinghouse Air Brake Technologies Corp.** | **Westinghouse Air Brake Technologies Corp.** | **Westinghouse Air Brake Technologies Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 11/15/26 *(a)* | 100000 | 98331 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 09/15/28 *(a)(g)* | 250000 | 250742 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 05/29/30 *(a)* | 100000 | 100586 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.61%, 03/11/34 *(a)* | 75000 | 76566 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 05/29/35 *(a)* | 100000 | 100281 |
| **WW Grainger, Inc.** | **WW Grainger, Inc.** | **WW Grainger, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 09/15/34 *(a)* | 100000 | 96461 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 06/15/45 *(a)* | 100000 | 86615 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 05/15/47 *(a)* | 200000 | 159670 |
| **Xylem, Inc.** | **Xylem, Inc.** | **Xylem, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 11/01/26 *(a)* | 100000 | 98328 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 01/30/28 *(a)* | 100000 | 94119 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 01/30/31 *(a)* | 150000 | 131390 |
|  |  | **69731867** |
| ***Communications 1.8%***  | ***Communications 1.8%***  | ***Communications 1.8%***  |
| **America Movil SAB de CV** | **America Movil SAB de CV** | **America Movil SAB de CV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 04/22/29 *(a)* | 200000 | 192788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 05/07/30 *(a)* | 200000 | 182880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 07/21/32 *(a)* | 200000 | 194856 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 03/01/35  | 200000 | 214442 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 03/30/40  | 430000 | 437998 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 07/16/42  | 200000 | 165102 |
| **American Tower Corp.** | **American Tower Corp.** | **American Tower Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 09/15/26 *(a)* | 50000 | 48068 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 10/15/26 *(a)* | 150000 | 147759 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 01/15/27 *(a)* | 150000 | 145724 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 01/15/27 *(a)* | 130000 | 126877 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 03/15/27 *(a)* | 150000 | 147666 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 07/15/27 *(a)* | 175000 | 171453 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 01/15/28 *(a)* | 100000 | 97744 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 01/31/28 *(a)* | 100000 | 92473 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/15/28 *(a)* | 100000 | 102322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/15/28 *(a)* | 100000 | 102010 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 11/15/28 *(a)* | 150000 | 155817 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 02/15/29 *(a)* | 75000 | 76407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 03/15/29 *(a)* | 100000 | 97429 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 08/15/29 *(a)* | 350000 | 337848 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 01/15/30 *(a)* | 150000 | 138549 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/31/30 *(a)* | 100000 | 101174 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/15/30 *(a)* | 100000 | 100584 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 06/15/30 *(a)* | 100000 | 87972 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 10/15/30 *(a)* | 150000 | 128877 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 04/15/31 *(a)* | 100000 | 88605 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 09/15/31 *(a)* | 200000 | 171440 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 03/15/32 *(a)* | 150000 | 141695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 03/15/33 *(a)* | 150000 | 154186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 07/15/33 *(a)* | 200000 | 203608 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 11/15/33 *(a)* | 150000 | 156495 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 02/15/34 *(a)* | 175000 | 176960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 01/31/35 *(a)* | 100000 | 100805 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 10/15/49 *(a)* | 100000 | 70671 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 06/15/50 *(a)* | 200000 | 126648 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 01/15/51 *(a)* | 150000 | 92010 |
| **AppLovin Corp.** | **AppLovin Corp.** | **AppLovin Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 12/01/29 *(a)* | 200000 | 201566 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 12/01/31 *(a)* | 200000 | 202130 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 12/01/34 *(a)* | 200000 | 200094 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 12/01/54 *(a)* | 100000 | 95596 |
| **AT&T, Inc.** | **AT&T, Inc.** | **AT&T, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 02/15/27 *(a)* | 150000 | 148514 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/01/27 *(a)* | 300000 | 299175 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 06/01/27 *(a)* | 300000 | 287973 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 02/01/28 *(a)* | 400000 | 372416 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 02/15/28 *(a)* | 327000 | 324773 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 03/01/29 *(a)* | 575000 | 572424 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 02/15/30 *(a)* | 547000 | 541530 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 08/15/30 *(a)* | 250000 | 250867 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 06/01/31 *(a)* | 550000 | 492547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 02/01/32 *(a)* | 450000 | 382171 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 12/01/33 *(a)* | 707000 | 581946 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 02/15/34 *(a)* | 500000 | 507105 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/15/35 *(a)* | 475000 | 446780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/01/37 *(a)* | 175000 | 171542 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 08/15/37 *(a)* | 150000 | 141495 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.30%, 01/15/38  | 100000 | 106284 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55%, 02/15/39  | 75000 | 80726 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 03/01/39 *(a)* | 200000 | 185064 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 08/15/40 *(a)* | 50000 | 50454 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 09/01/40  | 150000 | 142482 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 03/01/41  | 100000 | 103959 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 06/01/41 *(a)* | 450000 | 344763 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 08/15/41  | 75000 | 72476 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 03/15/42  | 50000 | 45530 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 12/15/42 *(a)* | 275000 | 227813 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 02/01/43 *(a)* | 100000 | 70113 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 06/01/44 *(a)* | 100000 | 84510 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 06/15/44 *(a)* | 100000 | 85650 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 06/15/45 *(a)* | 200000 | 162018 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 07/15/45 *(a)* | 100000 | 86396 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 05/15/46 *(a)* | 375000 | 320347 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 11/15/46 *(a)* | 150000 | 135614 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 02/15/47 *(a)* | 150000 | 144456 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/01/47 *(a)* | 75000 | 69723 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/09/48 *(a)* | 350000 | 283941 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 03/09/49 *(a)* | 200000 | 162594 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 02/15/50 *(a)* | 100000 | 88261 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 06/01/51 *(a)* | 550000 | 382695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 02/01/52 *(a)* | 150000 | 96434 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 09/15/53 *(a)* | 1385000 | 921025 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 09/15/55 *(a)* | 1373000 | 908693 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 08/15/56 *(a)* | 250000 | 250981 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 03/01/57 *(a)* | 75000 | 70339 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 12/01/57 *(a)* | 1086000 | 744507 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 09/15/59 *(a)* | 1049000 | 691910 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 06/01/60 *(a)* | 275000 | 186934 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 02/01/61 *(a)* | 100000 | 62839 |
| **Bell Telephone Co. of Canada or Bell Canada** | **Bell Telephone Co. of Canada or Bell Canada** | **Bell Telephone Co. of Canada or Bell Canada** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 02/15/32 *(a)* | 100000 | 83071 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 05/11/33 *(a)* | 175000 | 171418 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 02/15/34 *(a)* | 150000 | 148206 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.46%, 04/01/48 *(a)* | 200000 | 157520 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 07/29/49 *(a)* | 100000 | 75923 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 02/15/54 *(a)* | 150000 | 138075 |
| **British Telecommunications PLC** | **British Telecommunications PLC** | **British Telecommunications PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 12/04/28 *(a)* | 250000 | 254782 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.63%, 12/15/30 *(g)* | 450000 | 548734 |
| **Charter Communications Operating LLC/Charter Communications Operating** <br> **Capital** | **Charter Communications Operating LLC/Charter Communications Operating** <br> **Capital** | **Charter Communications Operating LLC/Charter Communications Operating** <br> **Capital** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 11/10/26 *(a)* | 200000 | 203626 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 02/15/28 *(a)* | 200000 | 195190 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/15/28 *(a)* | 300000 | 296490 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 01/15/29 *(a)* | 200000 | 182866 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/30/29 *(a)* | 200000 | 200870 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 06/01/29 *(a)* | 250000 | 260315 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 04/01/31 *(a)* | 300000 | 263247 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 02/01/32 *(a)* | 200000 | 164816 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 04/01/33 *(a)* | 150000 | 138290 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.65%, 02/01/34 *(a)* | 150000 | 157597 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55%, 06/01/34 *(a)* | 300000 | 313860 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 10/23/35 *(a)* | 330000 | 339174 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 04/01/38 *(a)* | 150000 | 138188 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 06/01/41 *(a)* | 300000 | 210936 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/01/42 *(a)* | 250000 | 172992 |

---

**28**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.48%, 10/23/45 *(a)* | 600000 | 577602 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 05/01/47 *(a)* | 450000 | 378135 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 04/01/48 *(a)* | 475000 | 416983 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 07/01/49 *(a)* | 200000 | 161030 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/01/50 *(a)* | 500000 | 387145 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 04/01/51 *(a)* | 375000 | 240877 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 06/01/52 *(a)* | 500000 | 330000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 04/01/53 *(a)* | 250000 | 205877 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.83%, 10/23/55 *(a)* | 100000 | 99571 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 04/01/61 *(a)* | 375000 | 231052 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 12/01/61 *(a)* | 250000 | 168827 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 06/30/62 *(a)* | 250000 | 155150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 04/01/63 *(a)* | 200000 | 163794 |
| **Comcast Corp.** | **Comcast Corp.** | **Comcast Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.35%, 01/15/27 *(a)* | 200000 | 193842 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 02/01/27 *(a)* | 250000 | 245902 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 04/01/27 *(a)* | 200000 | 196408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 11/15/27 *(a)* | 150000 | 153666 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 02/15/28 *(a)* | 350000 | 339699 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 05/01/28 *(a)* | 200000 | 195948 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 10/15/28 *(a)* | 750000 | 745620 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 01/15/29 *(a)* | 200000 | 201364 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 06/01/29 *(a)* | 150000 | 153940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 02/01/30 *(a)* | 300000 | 276603 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 04/01/30 *(a)* | 250000 | 237560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 10/15/30 *(a)* | 300000 | 295776 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 01/15/31 *(a)* | 300000 | 259806 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 02/15/31 *(a)* | 200000 | 168572 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 05/15/32 *(a)* | 100000 | 100596 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 11/15/32 *(a)* | 200000 | 207520 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 01/15/33  | 325000 | 309364 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 02/15/33 *(a)* | 200000 | 196054 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.05%, 03/15/33  | 150000 | 169000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 05/15/33 *(a)* | 200000 | 196730 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 06/01/34 *(a)* | 100000 | 100916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 08/15/34 *(a)* | 250000 | 232672 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 05/15/35 *(a)* | 200000 | 200644 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 06/15/35  | 100000 | 103108 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 08/15/35 *(a)* | 100000 | 93398 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 11/15/35  | 145000 | 158818 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 07/15/36 *(a)* | 175000 | 143689 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.45%, 03/15/37  | 100000 | 107854 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 08/15/37  | 100000 | 112247 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 03/01/38 *(a)* | 250000 | 211850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 10/15/38 *(a)* | 200000 | 181408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55%, 07/01/39  | 50000 | 54496 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 11/01/39 *(a)* | 200000 | 152940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/01/40 *(a)* | 275000 | 222882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 07/15/42  | 100000 | 86778 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/01/44  | 50000 | 43329 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 08/15/45 *(a)* | 100000 | 84569 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 07/15/46 *(a)* | 275000 | 190825 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 08/15/47 *(a)* | 150000 | 113256 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.97%, 11/01/47 *(a)* | 375000 | 281464 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/01/48 *(a)* | 200000 | 150574 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 10/15/48 *(a)* | 375000 | 315225 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/01/49 *(a)* | 400000 | 297200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 02/01/50 *(a)* | 300000 | 201879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 01/15/51 *(a)* | 350000 | 205264 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.89%, 11/01/51 *(a)* | 944000 | 561822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 08/15/52 *(a)* | 300000 | 159315 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 11/01/52 *(a)* | 202000 | 148838 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 05/15/53 *(a)* | 275000 | 249450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 06/01/54 *(a)* | 250000 | 237482 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 05/15/55 *(a)* | 200000 | 200000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.94%, 11/01/56 *(a)* | 1076000 | 614988 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 10/15/58 *(a)* | 225000 | 188525 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 08/15/62 *(a)* | 200000 | 101830 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.99%, 11/01/63 *(a)* | 764000 | 421392 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 05/15/64 *(a)* | 250000 | 227780 |
| **Crown Castle, Inc.** | **Crown Castle, Inc.** | **Crown Castle, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 06/15/26 *(a)* | 100000 | 98934 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.05%, 07/15/26 *(a)* | 150000 | 143889 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/01/27 *(a)* | 100000 | 98919 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 03/15/27 *(a)* | 200000 | 194014 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 09/01/27 *(a)* | 200000 | 195436 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/11/28 *(a)* | 200000 | 201274 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 02/15/28 *(a)* | 150000 | 146564 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 09/01/28 *(a)* | 200000 | 200018 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 02/15/29 *(a)* | 100000 | 98148 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 09/01/29 *(a)* | 100000 | 100232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 11/15/29 *(a)* | 100000 | 93148 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 07/01/30 *(a)* | 150000 | 138758 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 01/15/31 *(a)* | 200000 | 172254 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 04/01/31 *(a)* | 200000 | 169180 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 07/15/31 *(a)* | 150000 | 128849 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 05/01/33 *(a)* | 150000 | 147033 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 03/01/34 *(a)* | 200000 | 204136 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 09/01/34 *(a)* | 100000 | 97661 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 04/01/41 *(a)* | 250000 | 174347 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 05/15/47 *(a)* | 100000 | 83156 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 02/15/49 *(a)* | 50000 | 43434 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/15/49 *(a)* | 75000 | 54148 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 07/01/50 *(a)* | 50000 | 37028 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 01/15/51 *(a)* | 200000 | 126370 |
| **Deutsche Telekom International Finance BV** | **Deutsche Telekom International Finance BV** | **Deutsche Telekom International Finance BV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.75%, 06/15/30 *(g)* | 600000 | 703968 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.25%, 06/01/32  | 150000 | 186264 |
| **Discovery Communications LLC** | **Discovery Communications LLC** | **Discovery Communications LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 03/20/28 *(a)* | 250000 | 238730 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 05/15/29 *(a)* | 150000 | 139565 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 05/15/30 *(a)* | 200000 | 176930 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/20/37 *(a)* | 150000 | 118268 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 06/01/40  | 150000 | 128382 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 09/20/47 *(a)* | 160000 | 111835 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 09/15/55 *(a)* | 75000 | 41265 |
| **Electronic Arts, Inc.** | **Electronic Arts, Inc.** | **Electronic Arts, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.85%, 02/15/31 *(a)* | 100000 | 85860 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 02/15/51 *(a)* | 125000 | 76151 |
| **Fox Corp.** | **Fox Corp.** | **Fox Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.71%, 01/25/29 *(a)* | 400000 | 401080 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/08/30 *(a)* | 100000 | 94746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 10/13/33 *(a)* | 200000 | 214210 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.48%, 01/25/39 *(a)* | 200000 | 191426 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.58%, 01/25/49 *(a)* | 300000 | 275373 |
| **Grupo Televisa SAB** | **Grupo Televisa SAB** | **Grupo Televisa SAB** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 01/15/40  | 200000 | 177166 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/13/45 *(a)* | 300000 | 202020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 01/31/46 *(a)* | 200000 | 155252 |
| **Interpublic Group of Cos., Inc.** | **Interpublic Group of Cos., Inc.** | **Interpublic Group of Cos., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 10/01/28 *(a)* | 100000 | 100137 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/30/30 *(a)* | 100000 | 100420 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 03/01/31 *(a)* | 100000 | 88019 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 06/15/33 *(a)* | 100000 | 99757 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 03/01/41 *(a)* | 100000 | 72439 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 10/01/48 *(a)* | 100000 | 89849 |
| **Koninklijke KPN NV** | **Koninklijke KPN NV** | **Koninklijke KPN NV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.38%, 10/01/30  | 100000 | 116597 |
| **Meta Platforms, Inc.** | **Meta Platforms, Inc.** | **Meta Platforms, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 08/15/27 *(a)* | 450000 | 444415 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 05/15/28 *(a)* | 250000 | 254122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 08/15/29 *(a)* | 200000 | 200868 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 05/15/30 *(a)* | 200000 | 204858 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 08/15/31 *(a)* | 200000 | 200934 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 08/15/32 *(a)* | 600000 | 570072 |

---

**29**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 05/15/33 *(a)* | 300000 | 303333 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 08/15/34 *(a)* | 400000 | 396056 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 08/15/52 *(a)* | 500000 | 413900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 05/15/53 *(a)* | 500000 | 489705 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 08/15/54 *(a)* | 600000 | 570900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 08/15/62 *(a)* | 250000 | 206595 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 05/15/63 *(a)* | 300000 | 297108 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 08/15/64 *(a)* | 500000 | 479020 |
| **NBCUniversal Media LLC** | **NBCUniversal Media LLC** | **NBCUniversal Media LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 04/30/40  | 75000 | 80165 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 04/01/41  | 100000 | 101021 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 01/15/43  | 130000 | 109178 |
| **Netflix, Inc.** | **Netflix, Inc.** | **Netflix, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 11/15/26  | 175000 | 175336 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 04/15/28  | 275000 | 279496 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 11/15/28  | 325000 | 341035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 05/15/29  | 225000 | 241060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 08/15/34 *(a)* | 150000 | 150555 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 08/15/54 *(a)* | 150000 | 144413 |
| **Omnicom Group, Inc.** | **Omnicom Group, Inc.** | **Omnicom Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 04/30/30 *(a)* | 100000 | 90247 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 06/01/30 *(a)* | 100000 | 97918 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 08/01/31 *(a)* | 150000 | 131693 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 11/01/34 *(a)* | 100000 | 99279 |
| **Orange SA** | **Orange SA** | **Orange SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00%, 03/01/31  | 475000 | 574104 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 01/13/42  | 150000 | 142340 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 02/06/44 *(a)* | 150000 | 144044 |
| **Paramount Global** | **Paramount Global** | **Paramount Global** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 01/15/27 *(a)* | 150000 | 145568 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 02/15/28 *(a)* | 150000 | 144362 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 06/01/28 *(a)* | 100000 | 96692 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 06/01/29 *(a)* | 100000 | 96685 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%, 07/30/30  | 125000 | 137819 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 01/15/31 *(a)* | 300000 | 290715 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 05/19/32 *(a)* | 150000 | 135173 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 04/30/36  | 150000 | 152833 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 10/15/40 *(a)* | 50000 | 44588 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 07/01/42 *(a)* | 75000 | 58597 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/15/43  | 250000 | 182525 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 09/01/43 *(a)* | 250000 | 214970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 04/01/44 *(a)* | 100000 | 77030 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 08/15/44 *(a)* | 95000 | 71047 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 01/15/45 *(a)* | 130000 | 95676 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 05/19/50 *(a)* | 200000 | 151068 |
| **Rogers Communications, Inc.** | **Rogers Communications, Inc.** | **Rogers Communications, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 11/15/26 *(a)* | 150000 | 146241 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 03/15/27 *(a)* | 250000 | 244517 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/15/29 *(a)* | 200000 | 201562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 03/15/32 *(a)* | 400000 | 366884 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 02/15/34 *(a)* | 200000 | 197032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 08/15/38  | 50000 | 56758 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/15/42 *(a)* | 150000 | 125243 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/15/43 *(a)* | 100000 | 82360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 10/01/43 *(a)* | 100000 | 92126 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/15/44 *(a)* | 180000 | 156827 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 02/15/48 *(a)* | 150000 | 117527 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 05/01/49 *(a)* | 250000 | 195402 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 11/15/49 *(a)* | 225000 | 158098 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 03/15/52 *(a)* | 350000 | 274774 |
| **Sprint Capital Corp.** | **Sprint Capital Corp.** | **Sprint Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 11/15/28  | 500000 | 535030 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.75%, 03/15/32  | 375000 | 449452 |
| **Take-Two Interactive Software, Inc.** | **Take-Two Interactive Software, Inc.** | **Take-Two Interactive Software, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 04/14/27 *(a)* | 150000 | 147650 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 03/28/28 *(a)* | 150000 | 151619 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 06/12/29 *(a)* | 75000 | 76634 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/14/32 *(a)* | 50000 | 46705 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 06/12/34 *(a)* | 75000 | 76069 |
| **TCI Communications, Inc.** | **TCI Communications, Inc.** | **TCI Communications, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%, 02/15/28  | 30000 | 31983 |
| **Telefonica Emisiones SA** | **Telefonica Emisiones SA** | **Telefonica Emisiones SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 03/08/27  | 300000 | 297948 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.05%, 06/20/36  | 365000 | 399489 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.67%, 03/06/38  | 150000 | 132741 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.21%, 03/08/47  | 450000 | 388552 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/06/48  | 150000 | 123252 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.52%, 03/01/49 *(a)* | 300000 | 267762 |
| **Telefonica Europe BV** | **Telefonica Europe BV** | **Telefonica Europe BV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.25%, 09/15/30  | 100000 | 115315 |
| **TELUS Corp.** | **TELUS Corp.** | **TELUS Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 09/15/27 *(a)* | 150000 | 147153 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 05/13/32 *(a)* | 150000 | 133964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 11/16/48 *(a)* | 100000 | 79885 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 06/15/49 *(a)* | 150000 | 112755 |
| **Time Warner Cable Enterprises LLC** | **Time Warner Cable Enterprises LLC** | **Time Warner Cable Enterprises LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.38%, 07/15/33  | 200000 | 229852 |
| **Time Warner Cable LLC** | **Time Warner Cable LLC** | **Time Warner Cable LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55%, 05/01/37  | 325000 | 327054 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.30%, 07/01/38  | 300000 | 319422 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 06/15/39  | 250000 | 252887 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 11/15/40 *(a)* | 224000 | 209335 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 09/01/41 *(a)* | 250000 | 219882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 09/15/42 *(a)* | 200000 | 153834 |
| **T-Mobile USA, Inc.** | **T-Mobile USA, Inc.** | **T-Mobile USA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/15/27 *(a)* | 775000 | 765142 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 04/15/27 *(a)* | 150000 | 150066 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/01/28 *(a)* | 300000 | 300171 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 02/15/28 *(a)* | 300000 | 282018 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 03/15/28 *(a)* | 150000 | 152241 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 07/15/28 *(a)* | 150000 | 151599 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 01/15/29 *(a)* | 200000 | 202002 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 02/15/29 *(a)* | 150000 | 139763 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 03/15/29 *(a)* | 100000 | 92425 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 04/15/29 *(a)* | 400000 | 381812 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 10/01/29 *(a)* | 150000 | 147836 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 04/15/30 *(a)* | 1350000 | 1302709 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 02/15/31 *(a)* | 500000 | 443190 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 02/15/31 *(a)* | 200000 | 180218 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/15/31 *(a)* | 500000 | 464915 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 11/15/31 *(a)* | 200000 | 171536 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 03/15/32 *(a)* | 200000 | 173892 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 05/15/32 *(a)* | 200000 | 201882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 01/15/33 *(a)* | 200000 | 200852 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 07/15/33 *(a)* | 450000 | 446629 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 01/15/34 *(a)* | 225000 | 233334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 04/15/34 *(a)* | 250000 | 249630 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 01/15/35 *(a)* | 200000 | 191260 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 04/15/40 *(a)* | 350000 | 303894 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 02/15/41 *(a)* | 450000 | 322317 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/15/50 *(a)* | 600000 | 484374 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 02/15/51 *(a)* | 550000 | 358072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 10/15/52 *(a)* | 500000 | 327275 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 01/15/53 *(a)* | 300000 | 284313 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 01/15/54 *(a)* | 200000 | 192032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 06/15/54 *(a)* | 175000 | 174230 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/15/55 *(a)* | 150000 | 138872 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/15/55 *(a)* | 200000 | 178308 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 11/15/55 *(a)* | 200000 | 195334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 11/15/60 *(a)* | 300000 | 195081 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 09/15/62 *(a)* | 150000 | 143747 |
| **TWDC Enterprises 18 Corp.** | **TWDC Enterprises 18 Corp.** | **TWDC Enterprises 18 Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.85%, 07/30/26  | 250000 | 243377 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 06/15/27  | 200000 | 195684 |

---

**30**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 03/01/32  | 100000 | 113461 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 08/16/41  | 100000 | 86265 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 12/01/41  | 150000 | 124775 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 06/01/44  | 250000 | 203665 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 07/30/46  | 100000 | 65981 |
| **Verizon Communications, Inc.** | **Verizon Communications, Inc.** | **Verizon Communications, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/16/27  | 550000 | 547921 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 03/22/27 *(a)* | 150000 | 146402 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 03/22/28 *(a)* | 400000 | 376396 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.33%, 09/21/28  | 700000 | 698894 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 02/08/29 *(a)* | 200000 | 196140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.02%, 12/03/29 *(a)* | 700000 | 685440 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 03/22/30 *(a)* | 250000 | 234595 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 09/18/30 *(a)* | 250000 | 213382 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.68%, 10/30/30 *(a)* | 192000 | 164569 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%, 12/01/30  | 102000 | 116816 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 01/20/31 *(a)* | 400000 | 341304 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 03/21/31 *(a)* | 700000 | 620298 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.36%, 03/15/32 *(a)* | 913000 | 778908 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 05/09/33 *(a)* | 175000 | 175248 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 08/10/33  | 400000 | 383784 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 09/15/33  | 100000 | 108257 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 11/01/34 *(a)* | 330000 | 309504 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.78%, 02/15/35 *(a)* | 430000 | 414331 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 04/02/35 *(a)* | 400000 | 398352 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 09/15/35  | 75000 | 77888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.27%, 01/15/36  | 205000 | 186624 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/16/37  | 200000 | 196522 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.81%, 03/15/39  | 200000 | 184788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 11/20/40 *(a)* | 575000 | 397285 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 03/22/41 *(a)* | 725000 | 548948 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 09/03/41 *(a)* | 250000 | 173537 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 11/01/41  | 75000 | 66631 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 11/01/42 *(a)* | 100000 | 78559 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55%, 09/15/43  | 175000 | 189068 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 08/15/46  | 200000 | 157202 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.86%, 08/21/46  | 400000 | 349560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/16/47  | 100000 | 94971 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.52%, 09/15/48  | 250000 | 206440 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.01%, 04/15/49  | 100000 | 89785 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/22/50 *(a)* | 275000 | 205131 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 11/20/50 *(a)* | 500000 | 303825 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 03/22/51 *(a)* | 125000 | 87441 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 03/01/52 *(a)* | 150000 | 109028 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 02/23/54 *(a)* | 200000 | 190182 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.01%, 08/21/54  | 175000 | 153244 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.67%, 03/15/55  | 720000 | 593741 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.99%, 10/30/56 *(a)* | 650000 | 380841 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 11/20/60 *(a)* | 350000 | 200868 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/22/61 *(a)* | 625000 | 420944 |
| **Vodafone Group PLC** | **Vodafone Group PLC** | **Vodafone Group PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 05/30/28  | 100000 | 101060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%, 02/15/30  | 150000 | 171498 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 11/30/32  | 100000 | 107259 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 02/27/37  | 150000 | 158353 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/30/38  | 100000 | 94568 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 02/19/43  | 100000 | 83630 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/30/48  | 275000 | 247635 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 06/19/49  | 300000 | 251616 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 09/17/50  | 250000 | 189050 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 02/10/53 *(a)* | 150000 | 137721 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 06/28/54 *(a)* | 400000 | 374112 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 06/19/59  | 100000 | 84362 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 02/10/63 *(a)* | 100000 | 91132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 06/28/64 *(a)* | 225000 | 210427 |
| **Walt Disney Co.** | **Walt Disney Co.** | **Walt Disney Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 11/15/26 *(a)* | 50000 | 49431 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/23/27  | 100000 | 99643 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 01/13/28  | 200000 | 191186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 09/01/29 *(a)* | 350000 | 319343 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 03/22/30  | 200000 | 195630 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 01/13/31  | 450000 | 410148 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55%, 03/15/33  | 100000 | 111632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 12/15/34  | 150000 | 165135 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 12/15/35  | 130000 | 144368 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 03/01/37  | 50000 | 53646 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.65%, 11/15/37  | 200000 | 225362 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 03/23/40 *(a)* | 100000 | 93341 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 05/13/40 *(a)* | 350000 | 281449 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 02/15/41  | 100000 | 105414 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 10/01/43  | 50000 | 49007 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 09/15/44 *(a)* | 150000 | 133121 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 10/15/45 *(a)* | 100000 | 90221 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%, 12/01/45  | 75000 | 92050 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 11/15/46 *(a)* | 100000 | 87428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 09/01/49 *(a)* | 350000 | 215176 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 03/23/50 *(a)* | 300000 | 260922 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 01/13/51 *(a)* | 550000 | 395774 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 05/13/60 *(a)* | 250000 | 176845 |
| **Warnermedia Holdings, Inc.** | **Warnermedia Holdings, Inc.** | **Warnermedia Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.76%, 03/15/27 *(a)* | 800000 | 775800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 03/15/29 *(a)* | 250000 | 232997 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.28%, 03/15/32 *(a)* | 800000 | 679952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/15/42 *(a)* | 800000 | 576288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.14%, 03/15/52 *(a)* | 1300000 | 843219 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.39%, 03/15/62 *(a)* | 550000 | 353804 |
| **Weibo Corp.** | **Weibo Corp.** | **Weibo Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 07/08/30 *(a)* | 200000 | 185260 |
|  |  | **98412143** |
| ***Consumer Cyclical 1.7%***  | ***Consumer Cyclical 1.7%***  | ***Consumer Cyclical 1.7%***  |
| **Alibaba Group Holding Ltd.** | **Alibaba Group Holding Ltd.** | **Alibaba Group Holding Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 12/06/27 *(a)* | 500000 | 488485 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 05/26/30 *(a)(d)* | 250000 | 254010 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 02/09/31 *(a)* | 200000 | 176032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 11/28/34 *(a)* | 200000 | 190712 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/26/35 *(a)(d)* | 250000 | 250085 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/06/37 *(a)* | 200000 | 174508 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 02/09/41 *(a)* | 250000 | 171800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 12/06/47 *(a)* | 200000 | 159124 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 02/09/51 *(a)* | 300000 | 193257 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 12/06/57 *(a)* | 200000 | 157994 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 02/09/61 *(a)* | 200000 | 122412 |
| **Amazon.com, Inc.** | **Amazon.com, Inc.** | **Amazon.com, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 04/13/27 *(a)* | 400000 | 394660 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.20%, 06/03/27 *(a)* | 200000 | 189046 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 08/22/27 *(a)* | 675000 | 661520 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 12/01/27 *(a)* | 350000 | 353878 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 05/12/28 *(a)* | 400000 | 374088 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 04/13/29 *(a)* | 250000 | 244655 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 12/01/29 *(a)* | 350000 | 356674 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 06/03/30 *(a)* | 250000 | 219255 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 05/12/31 *(a)* | 525000 | 462604 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 04/13/32 *(a)* | 450000 | 426244 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 12/01/32 *(a)* | 400000 | 403836 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 12/05/34 *(a)* | 125000 | 126098 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 08/22/37 *(a)* | 500000 | 445460 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 05/12/41 *(a)* | 675000 | 495895 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 12/05/44 *(a)* | 180000 | 170698 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 08/22/47 *(a)* | 650000 | 528859 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 06/03/50 *(a)* | 475000 | 279433 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 05/12/51 *(a)* | 650000 | 430469 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 04/13/52 *(a)* | 450000 | 348471 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 08/22/57 *(a)* | 400000 | 320480 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 06/03/60 *(a)* | 375000 | 210465 |

---

**31**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/12/61 *(a)* | 375000 | 239059 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 04/13/62 *(a)* | 275000 | 210540 |
| **American Honda Finance Corp.** | **American Honda Finance Corp.** | **American Honda Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/07/26  | 200000 | 201518 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 09/09/26  | 150000 | 143991 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 09/09/26  | 200000 | 194446 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.35%, 01/08/27  | 50000 | 48323 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/12/27  | 150000 | 150960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 07/09/27  | 150000 | 151060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 10/22/27  | 150000 | 149683 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 01/12/28  | 100000 | 100465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 02/15/28  | 100000 | 97381 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 03/03/28  | 125000 | 125106 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 03/24/28  | 250000 | 233500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 07/07/28  | 200000 | 203294 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 11/15/28  | 150000 | 155023 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/13/29  | 150000 | 151287 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 09/05/29  | 150000 | 148449 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 04/17/30  | 200000 | 198714 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 10/04/30  | 100000 | 104691 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 07/10/31  | 150000 | 150906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 10/23/31  | 125000 | 123954 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 01/10/34  | 150000 | 145991 |
| **Aptiv Swiss Holdings Ltd.** | **Aptiv Swiss Holdings Ltd.** | **Aptiv Swiss Holdings Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 03/15/29 *(a)* | 100000 | 97810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/01/32 *(a)* | 200000 | 175746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 09/13/34 *(a)* | 200000 | 189270 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 12/01/51 *(a)* | 250000 | 143463 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 05/01/52 *(a)* | 200000 | 137964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 09/13/54 *(a)* | 200000 | 172876 |
| **AutoNation, Inc.** | **AutoNation, Inc.** | **AutoNation, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 11/15/27 *(a)* | 75000 | 73280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 08/01/28 *(a)* | 75000 | 68978 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 06/01/30 *(a)* | 100000 | 98439 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 08/01/31 *(a)* | 100000 | 84513 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 03/01/32 *(a)* | 150000 | 135678 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.89%, 03/15/35 *(a)* | 100000 | 99481 |
| **AutoZone, Inc.** | **AutoZone, Inc.** | **AutoZone, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 07/15/26  | 100000 | 100553 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 06/01/27 *(a)* | 50000 | 49388 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/01/28 *(a)* | 100000 | 100305 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 11/01/28 *(a)* | 75000 | 79246 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/18/29 *(a)* | 150000 | 145554 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 07/15/29 *(a)* | 100000 | 101933 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/15/30 *(a)* | 150000 | 145538 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 01/15/31 *(a)* | 150000 | 127152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 08/01/32 *(a)* | 150000 | 147297 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/01/33 *(a)* | 100000 | 97292 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 08/01/33 *(a)* | 75000 | 75150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55%, 11/01/33 *(a)* | 100000 | 108783 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 07/15/34 *(a)* | 125000 | 126098 |
| **Best Buy Co., Inc.** | **Best Buy Co., Inc.** | **Best Buy Co., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 10/01/28 *(a)* | 100000 | 99986 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 10/01/30 *(a)* | 150000 | 128864 |
| **Block Financial LLC** | **Block Financial LLC** | **Block Financial LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 08/15/30 *(a)* | 150000 | 141299 |
| **Booking Holdings, Inc.** | **Booking Holdings, Inc.** | **Booking Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 06/01/26 *(a)* | 150000 | 148876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 03/15/28 *(a)* | 100000 | 97946 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 04/13/30 *(a)* | 250000 | 251385 |
| **BorgWarner, Inc.** | **BorgWarner, Inc.** | **BorgWarner, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 07/01/27 *(a)* | 200000 | 192170 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 08/15/29 *(a)* | 75000 | 75367 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 08/15/34 *(a)* | 100000 | 99719 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/15/45 *(a)* | 100000 | 79836 |
| **California Endowment** | **California Endowment** | **California Endowment** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 04/01/51 *(a)* | 50000 | 28735 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **CBRE Services, Inc.** | **CBRE Services, Inc.** | **CBRE Services, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 04/01/29 *(a)* | 100000 | 102818 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 04/01/31 *(a)* | 100000 | 87400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 08/15/34 *(a)* | 150000 | 155073 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/15/35 *(a)* | 100000 | 98608 |
| **Choice Hotels International, Inc.** | **Choice Hotels International, Inc.** | **Choice Hotels International, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 12/01/29 *(a)* | 100000 | 93592 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 01/15/31 *(a)* | 100000 | 91219 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 08/01/34 *(a)* | 100000 | 98541 |
| **Costco Wholesale Corp.** | **Costco Wholesale Corp.** | **Costco Wholesale Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/18/27 *(a)* | 300000 | 294354 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 06/20/27 *(a)* | 250000 | 237100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.60%, 04/20/30 *(a)* | 100000 | 88390 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 04/20/32 *(a)* | 200000 | 168798 |
| **Cummins, Inc.** | **Cummins, Inc.** | **Cummins, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 05/09/28 *(a)* | 100000 | 100187 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/20/29 *(a)* | 100000 | 102084 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 09/01/30 *(a)* | 150000 | 129329 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 02/15/31 *(a)* | 100000 | 99702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 02/20/34 *(a)* | 150000 | 151191 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 05/09/35 *(a)* | 200000 | 199810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 10/01/43 *(a)* | 50000 | 45770 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 09/01/50 *(a)* | 150000 | 86706 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 02/20/54 *(a)* | 150000 | 141404 |
| **Darden Restaurants, Inc.** | **Darden Restaurants, Inc.** | **Darden Restaurants, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 05/01/27 *(a)* | 100000 | 98719 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 10/15/27 *(a)* | 75000 | 74724 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.30%, 10/10/33 *(a)* | 100000 | 105977 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 02/15/48 *(a)* | 50000 | 39781 |
| **Dick's Sporting Goods, Inc.** | **Dick's Sporting Goods, Inc.** | **Dick's Sporting Goods, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 01/15/32 *(a)* | 100000 | 88062 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 01/15/52 *(a)* | 200000 | 137410 |
| **Dollar General Corp.** | **Dollar General Corp.** | **Dollar General Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 04/15/27 *(a)* | 100000 | 98637 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 11/01/27 *(a)* | 100000 | 100037 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 05/01/28 *(a)* | 100000 | 98667 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 07/05/28 *(a)* | 100000 | 101390 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/03/30 *(a)* | 200000 | 187292 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/32 *(a)* | 150000 | 147604 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 07/05/33 *(a)* | 200000 | 200852 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 04/03/50 *(a)* | 100000 | 72367 |
| **Dollar Tree, Inc.** | **Dollar Tree, Inc.** | **Dollar Tree, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 05/15/28 *(a)* | 250000 | 245977 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 12/01/31 *(a)* | 100000 | 86595 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 12/01/51 *(a)* | 100000 | 60558 |
| **DR Horton, Inc.** | **DR Horton, Inc.** | **DR Horton, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 10/15/26 *(a)* | 100000 | 95823 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.40%, 10/15/27 *(a)* | 150000 | 139776 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/15/34 *(a)* | 125000 | 121809 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 10/15/35 *(a)* | 125000 | 125143 |
| **eBay, Inc.** | **eBay, Inc.** | **eBay, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 06/05/27 *(a)* | 150000 | 147786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 03/11/30 *(a)* | 200000 | 183752 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 05/10/31 *(a)* | 150000 | 132915 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.30%, 11/22/32 *(a)* | 150000 | 161506 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/15/42 *(a)* | 150000 | 118469 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 05/10/51 *(a)* | 200000 | 139294 |
| **Expedia Group, Inc.** | **Expedia Group, Inc.** | **Expedia Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 08/01/27 *(a)* | 100000 | 100058 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 02/15/28 *(a)* | 200000 | 195862 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 02/15/30 *(a)* | 200000 | 186580 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 03/15/31 *(a)* | 150000 | 134796 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 02/15/35 *(a)* | 175000 | 172762 |
| **Ford Foundation** | **Ford Foundation** | **Ford Foundation** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.42%, 06/01/50 *(a)* | 125000 | 71389 |

---

**32**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Ford Motor Co.** | **Ford Motor Co.** | **Ford Motor Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 12/08/26 *(a)* | 245000 | 241685 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 10/01/28  | 75000 | 78196 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.63%, 04/22/30 *(a)* | 100000 | 113572 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.45%, 07/16/31  | 175000 | 186107 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 02/12/32 *(a)* | 500000 | 413170 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 08/19/32 *(a)* | 300000 | 293151 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 01/15/43  | 400000 | 300708 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.40%, 11/01/46  | 50000 | 50859 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.29%, 12/08/46 *(a)* | 200000 | 157890 |
| **Ford Motor Credit Co. LLC** | **Ford Motor Credit Co. LLC** | **Ford Motor Credit Co. LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 06/10/26 *(a)* | 200000 | 202374 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.54%, 08/01/26 *(a)* | 200000 | 197226 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 08/10/26 *(a)* | 230000 | 222444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 11/05/26  | 200000 | 198334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.27%, 01/09/27 *(a)* | 200000 | 195654 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 03/05/27 *(a)* | 200000 | 199844 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 05/17/27 *(a)* | 250000 | 249715 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 05/28/27 *(a)* | 245000 | 241308 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 08/17/27 *(a)* | 200000 | 192998 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.82%, 11/02/27 *(a)* | 200000 | 190834 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.35%, 11/04/27 *(a)* | 250000 | 257372 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 02/16/28 *(a)* | 200000 | 185258 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.92%, 03/20/28 *(a)* | 200000 | 200330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.80%, 05/12/28 *(a)* | 250000 | 255387 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.80%, 11/07/28 *(a)* | 225000 | 229934 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 02/10/29 *(a)* | 200000 | 179222 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 03/08/29 *(a)* | 300000 | 296139 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.11%, 05/03/29 *(a)* | 225000 | 216477 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 09/06/29 *(a)* | 200000 | 193644 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 11/07/29 *(a)* | 200000 | 197620 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.35%, 03/06/30 *(a)* | 200000 | 208460 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.20%, 06/10/30 *(a)* | 200000 | 207538 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/13/30 *(a)* | 425000 | 378930 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 03/05/31 *(a)* | 200000 | 196194 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 06/17/31 *(a)* | 200000 | 172306 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 11/05/31 *(a)* | 200000 | 194944 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.12%, 11/07/33 *(a)* | 225000 | 228791 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 03/08/34 *(a)* | 400000 | 380548 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 02/07/35 *(a)* | 200000 | 195300 |
| **General Motors Co.** | **General Motors Co.** | **General Motors Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 10/01/27 *(a)* | 150000 | 147570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.80%, 10/01/27 *(a)* | 200000 | 207428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 04/15/28 *(a)* | 100000 | 100888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/28 *(a)* | 150000 | 150192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 10/15/29 *(a)* | 200000 | 201570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 04/15/30 *(a)* | 100000 | 100895 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 10/15/32 *(a)* | 200000 | 199238 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/35  | 175000 | 161817 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 04/15/35 *(a)* | 100000 | 101297 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.60%, 04/01/36 *(a)* | 200000 | 206600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 04/01/38 *(a)* | 175000 | 158174 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 10/02/43  | 250000 | 238007 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 04/01/45  | 250000 | 207915 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 04/01/46 *(a)* | 125000 | 124660 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 04/01/48 *(a)* | 150000 | 126464 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 04/01/49 *(a)* | 200000 | 180518 |
| **General Motors Financial Co., Inc.** | **General Motors Financial Co., Inc.** | **General Motors Financial Co., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 06/10/26 *(a)* | 250000 | 241595 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 10/06/26 *(a)* | 100000 | 98880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 01/17/27 *(a)* | 200000 | 198240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.35%, 02/26/27 *(a)* | 150000 | 143565 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/09/27 *(a)* | 300000 | 300480 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 05/08/27  | 250000 | 252277 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 07/15/27  | 175000 | 176365 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 08/20/27 *(a)* | 200000 | 190490 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 01/05/28 *(a)* | 150000 | 145776 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 01/09/28 *(a)* | 200000 | 205050 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 04/04/28  | 250000 | 250730 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 04/10/28 *(a)* | 175000 | 163268 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 06/23/28 *(a)* | 300000 | 306459 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 10/15/28 *(a)* | 250000 | 230190 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 01/07/29 *(a)* | 250000 | 255522 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 01/17/29 *(a)* | 100000 | 101411 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 04/06/29 *(a)* | 250000 | 242392 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 07/15/29 *(a)* | 200000 | 202190 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 10/06/29 *(a)* | 200000 | 197192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 01/07/30 *(a)* | 200000 | 200290 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 04/06/30 *(a)* | 200000 | 204460 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 06/21/30 *(a)* | 200000 | 184318 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.35%, 01/08/31 *(a)* | 200000 | 170464 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 02/08/31 *(a)* | 200000 | 202454 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 06/10/31 *(a)* | 200000 | 171542 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 06/18/31 *(a)* | 150000 | 150571 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 01/12/32 *(a)* | 250000 | 215877 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 04/04/32 *(a)* | 150000 | 149014 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 01/09/33 *(a)* | 200000 | 206654 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 01/07/34 *(a)* | 250000 | 251565 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 04/04/34 *(a)* | 200000 | 198800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 09/06/34 *(a)* | 150000 | 143759 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 01/07/35 *(a)* | 200000 | 197514 |
| **Genuine Parts Co.** | **Genuine Parts Co.** | **Genuine Parts Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 11/01/28 *(a)* | 75000 | 79322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 08/15/29 *(a)* | 150000 | 151429 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 11/01/30 *(a)* | 125000 | 106691 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 02/01/32 *(a)* | 150000 | 128894 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 11/01/33 *(a)* | 25000 | 27431 |
| **GLP Capital LP/GLP Financing II, Inc.** | **GLP Capital LP/GLP Financing II, Inc.** | **GLP Capital LP/GLP Financing II, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 06/01/28 *(a)* | 100000 | 101923 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 01/15/29 *(a)* | 100000 | 100396 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/15/30 *(a)* | 100000 | 94570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/15/31 *(a)* | 200000 | 186160 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 01/15/32 *(a)* | 100000 | 86687 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 12/01/33 *(a)* | 75000 | 78839 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 09/15/34 *(a)* | 150000 | 146622 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 09/15/54 *(a)* | 75000 | 71207 |
| **Harley-Davidson, Inc.** | **Harley-Davidson, Inc.** | **Harley-Davidson, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 07/28/45 *(a)* | 75000 | 58815 |
| **Home Depot, Inc.** | **Home Depot, Inc.** | **Home Depot, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 06/25/26  | 250000 | 252312 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 09/15/26 *(a)* | 200000 | 194972 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 09/30/26 *(a)* | 150000 | 151392 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 04/15/27 *(a)* | 200000 | 194144 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 04/15/27 *(a)* | 150000 | 146590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 06/25/27 *(a)* | 150000 | 152128 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 09/14/27 *(a)* | 150000 | 145662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.90%, 03/15/28 *(a)* | 75000 | 68687 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 09/15/28 *(a)* | 150000 | 137855 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 12/06/28 *(a)* | 100000 | 99185 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 04/15/29 *(a)* | 150000 | 153376 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 06/15/29 *(a)* | 350000 | 332748 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 06/25/29 *(a)* | 200000 | 203140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 04/15/30 *(a)* | 275000 | 254482 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 03/15/31 *(a)* | 250000 | 209492 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 06/25/31 *(a)* | 225000 | 228782 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 09/15/31 *(a)* | 250000 | 213330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 04/15/32 *(a)* | 250000 | 228727 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 09/15/32 *(a)* | 200000 | 198316 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 06/25/34 *(a)* | 300000 | 300285 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 12/16/36  | 580000 | 613396 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 04/15/40 *(a)* | 200000 | 156364 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 09/15/40 *(a)* | 100000 | 98800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 04/01/41 *(a)* | 200000 | 207358 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 04/01/43 *(a)* | 205000 | 170851 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 02/15/44 *(a)* | 195000 | 175943 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 03/15/45 *(a)* | 150000 | 126321 |

---

**33**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 04/01/46 *(a)* | 250000 | 204527 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 06/15/47 *(a)* | 200000 | 153762 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 12/06/48 *(a)* | 300000 | 251280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 12/15/49 *(a)* | 200000 | 131014 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 04/15/50 *(a)* | 250000 | 171262 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 03/15/51 *(a)* | 250000 | 137275 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 09/15/51 *(a)* | 150000 | 89340 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 04/15/52 *(a)* | 300000 | 212712 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 09/15/52 *(a)* | 225000 | 199701 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 06/25/54 *(a)* | 250000 | 234095 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 09/15/56 *(a)* | 200000 | 134958 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 06/25/64 *(a)* | 150000 | 140045 |
| **Honda Motor Co. Ltd.** | **Honda Motor Co. Ltd.** | **Honda Motor Co. Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.53%, 03/10/27 *(a)* | 200000 | 193418 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.97%, 03/10/32 *(a)* | 150000 | 132605 |
| **Hyatt Hotels Corp.** | **Hyatt Hotels Corp.** | **Hyatt Hotels Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 01/30/27 *(a)* | 100000 | 101753 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 09/15/28 *(a)* | 150000 | 148101 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/30/29 *(a)* | 100000 | 100822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 04/23/30 *(a)(e)* | 100000 | 101897 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 12/15/31 *(a)* | 100000 | 99213 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/30/34 *(a)* | 100000 | 98275 |
| **JD.com, Inc.** | **JD.com, Inc.** | **JD.com, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 01/14/30 *(a)(c)* | 200000 | 189964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 01/14/50 *(a)* | 200000 | 154438 |
| **Jones Lang LaSalle, Inc.** | **Jones Lang LaSalle, Inc.** | **Jones Lang LaSalle, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 12/01/28 *(a)* | 100000 | 106718 |
| **Las Vegas Sands Corp.** | **Las Vegas Sands Corp.** | **Las Vegas Sands Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 08/18/26 *(a)* | 200000 | 195892 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 06/01/27 *(a)* | 150000 | 152001 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 06/15/28 *(a)* | 200000 | 200566 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 08/08/29 *(a)* | 150000 | 140924 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 08/15/29 *(a)* | 100000 | 101591 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 08/15/34 *(a)* | 100000 | 99127 |
| **Lear Corp.** | **Lear Corp.** | **Lear Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 09/15/27 *(a)* | 50000 | 48950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 05/15/29 *(a)* | 50000 | 48734 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 05/30/30 *(a)* | 50000 | 46366 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 01/15/32 *(a)* | 100000 | 85017 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/15/49 *(a)* | 100000 | 82821 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 01/15/52 *(a)* | 100000 | 61896 |
| **Lennar Corp.** | **Lennar Corp.** | **Lennar Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 11/29/27 *(a)* | 250000 | 250982 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 07/30/30 *(a)* | 100000 | 101004 |
| **LKQ Corp.** | **LKQ Corp.** | **LKQ Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 06/15/28 *(a)* | 150000 | 153885 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 06/15/33 *(a)* | 150000 | 156424 |
| **Lowe's Cos., Inc.** | **Lowe's Cos., Inc.** | **Lowe's Cos., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 04/01/27 *(a)* | 200000 | 196574 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 05/03/27 *(a)* | 250000 | 244432 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 04/15/28 *(a)* | 150000 | 137991 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 09/15/28 *(a)* | 100000 | 91825 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 03/15/29  | 75000 | 80241 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 04/05/29 *(a)* | 300000 | 291135 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/15/30 *(a)* | 200000 | 199758 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 10/15/30 *(a)* | 250000 | 215387 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 04/01/31 *(a)* | 250000 | 222990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/01/32 *(a)* | 300000 | 279339 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/15/33 *(a)* | 200000 | 199638 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 07/01/33 *(a)* | 150000 | 151081 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 10/15/35  | 75000 | 76804 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/15/40 *(a)* | 100000 | 92461 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 09/15/41 *(a)* | 200000 | 135812 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 04/15/42 *(a)* | 95000 | 81516 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 09/15/45 *(a)* | 100000 | 80317 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 04/15/46 *(a)* | 225000 | 163262 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 05/03/47 *(a)* | 250000 | 189450 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 04/05/49 *(a)* | 100000 | 80329 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 04/15/50 *(a)* | 100000 | 87169 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 10/15/50 *(a)* | 300000 | 182634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/01/51 *(a)* | 50000 | 33219 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 04/01/52 *(a)* | 300000 | 228300 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 04/15/53 *(a)* | 300000 | 282279 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 07/01/53 *(a)* | 75000 | 71425 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 04/01/62 *(a)* | 250000 | 188220 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 09/15/62 *(a)* | 200000 | 187772 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 04/01/63 *(a)* | 100000 | 94911 |
| **Magna International, Inc.** | **Magna International, Inc.** | **Magna International, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 06/15/30 *(a)* | 200000 | 178788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/21/33 *(a)* | 100000 | 100532 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 06/01/35 *(a)* | 100000 | 100817 |
| **Marriott International, Inc.** | **Marriott International, Inc.** | **Marriott International, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 06/15/26 *(a)* | 150000 | 147759 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 09/15/26 *(a)* | 100000 | 101048 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/15/27 *(a)* | 150000 | 151974 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/15/28 *(a)* | 100000 | 98610 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 10/15/28 *(a)* | 125000 | 128935 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 04/15/29 *(a)* | 150000 | 151365 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 05/15/29 *(a)* | 100000 | 100828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/15/30 *(a)* | 100000 | 100263 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 06/15/30 *(a)* | 200000 | 198624 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 04/15/31 *(a)* | 200000 | 179042 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 10/15/32 *(a)* | 350000 | 312809 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 10/15/33 *(a)* | 100000 | 83137 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 05/15/34 *(a)* | 200000 | 198664 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 03/15/35 *(a)* | 175000 | 172812 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 04/15/37 *(a)* | 275000 | 268845 |
| **McDonald's Corp.** | **McDonald's Corp.** | **McDonald's Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/01/27 *(a)* | 200000 | 197386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 07/01/27 *(a)* | 200000 | 197020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 04/01/28 *(a)* | 250000 | 246950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 08/14/28 *(a)* | 100000 | 101540 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/17/29 *(a)* | 150000 | 153327 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 09/01/29 *(a)* | 100000 | 93342 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 03/01/30 *(a)* | 150000 | 134814 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 07/01/30 *(a)* | 150000 | 144041 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 09/09/32 *(a)* | 150000 | 148632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 08/14/33 *(a)* | 125000 | 126094 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 05/17/34 *(a)* | 150000 | 152146 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 12/09/35 *(a)* | 100000 | 96315 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.30%, 10/15/37  | 200000 | 215668 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.30%, 03/01/38  | 100000 | 107699 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 02/01/39  | 75000 | 76468 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 07/15/40  | 100000 | 92121 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 02/15/42  | 100000 | 77858 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 05/01/43  | 75000 | 56430 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 05/26/45 *(a)* | 100000 | 85339 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 12/09/45 *(a)* | 320000 | 283590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 03/01/47 *(a)* | 175000 | 144965 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 09/01/48 *(a)* | 200000 | 164780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 09/01/49 *(a)* | 350000 | 249553 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 04/01/50 *(a)* | 100000 | 78049 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 09/09/52 *(a)* | 150000 | 135264 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 08/14/53 *(a)* | 150000 | 141875 |
| **MDC Holdings, Inc.** | **MDC Holdings, Inc.** | **MDC Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 01/15/30 *(a)* | 100000 | 94917 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 01/15/31 *(a)* | 150000 | 130034 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 01/15/43 *(a)* | 75000 | 66403 |
| **Mercedes-Benz Finance North America LLC** | **Mercedes-Benz Finance North America LLC** | **Mercedes-Benz Finance North America LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.50%, 01/18/31  | 250000 | 294332 |
| **Meritage Homes Corp.** | **Meritage Homes Corp.** | **Meritage Homes Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 06/06/27 *(a)* | 75000 | 75691 |
| **Nature Conservancy** | **Nature Conservancy** | **Nature Conservancy** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.96%, 03/01/52 *(a)* | 75000 | 57080 |

---

**34**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **NIKE, Inc.** | **NIKE, Inc.** | **NIKE, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 11/01/26 *(a)* | 100000 | 97541 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 03/27/27 *(a)* | 200000 | 194916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 03/27/30 *(a)* | 350000 | 327106 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/27/40 *(a)* | 300000 | 232293 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 11/01/45 *(a)* | 150000 | 116321 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 11/01/46 *(a)* | 230000 | 161791 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 03/27/50 *(a)* | 200000 | 137496 |
| **NVR, Inc.** | **NVR, Inc.** | **NVR, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/15/30 *(a)* | 200000 | 184532 |
| **O'Reilly Automotive, Inc.** | **O'Reilly Automotive, Inc.** | **O'Reilly Automotive, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 11/20/26 *(a)* | 150000 | 152596 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 09/01/27 *(a)* | 150000 | 147262 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 06/01/28 *(a)* | 100000 | 99827 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 04/01/30 *(a)* | 100000 | 98185 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 03/15/31 *(a)* | 150000 | 127313 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 06/15/32 *(a)* | 150000 | 146986 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/19/34 *(a)* | 75000 | 73337 |
| **PACCAR Financial Corp.** | **PACCAR Financial Corp.** | **PACCAR Financial Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 11/09/26  | 100000 | 101395 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 11/25/26  | 150000 | 150816 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 02/04/27  | 100000 | 96382 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/13/27  | 100000 | 101540 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 08/06/27  | 100000 | 100686 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 03/03/28  | 100000 | 100939 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 01/31/29  | 150000 | 151443 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 09/26/29  | 100000 | 98702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 05/08/30  | 100000 | 100318 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/22/34  | 100000 | 100030 |
| **PulteGroup, Inc.** | **PulteGroup, Inc.** | **PulteGroup, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%, 06/15/32  | 200000 | 229010 |
| **Ralph Lauren Corp.** | **Ralph Lauren Corp.** | **Ralph Lauren Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 06/15/30 *(a)* | 150000 | 138362 |
| **Rockefeller Foundation** | **Rockefeller Foundation** | **Rockefeller Foundation** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.49%, 10/01/50 *(a)* | 150000 | 86933 |
| **Rollins, Inc.** | **Rollins, Inc.** | **Rollins, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 02/24/35 *(a)(d)* | 95000 | 94271 |
| **Royal Caribbean Cruises Ltd.** | **Royal Caribbean Cruises Ltd.** | **Royal Caribbean Cruises Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 10/15/27  | 100000 | 105313 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/15/28 *(a)* | 100000 | 96556 |
| **Sands China Ltd.** | **Sands China Ltd.** | **Sands China Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 03/08/27 *(a)(e)* | 200000 | 190532 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 08/08/28 *(a)(e)* | 300000 | 299484 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 03/08/29 *(a)(e)* | 200000 | 181488 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 06/18/30 *(a)(e)* | 200000 | 188364 |
| **Starbucks Corp.** | **Starbucks Corp.** | **Starbucks Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 06/15/26 *(a)* | 50000 | 48967 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 02/08/27 *(a)* | 200000 | 201364 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 03/12/27 *(a)* | 100000 | 95783 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/01/28 *(a)* | 150000 | 146458 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/15/28 *(a)* | 100000 | 99940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/15/28 *(a)* | 150000 | 147879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 08/15/29 *(a)* | 200000 | 192818 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 03/12/30 *(a)* | 100000 | 89626 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 05/15/30 *(a)* | 100000 | 100356 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 11/15/30 *(a)* | 195000 | 174437 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/15/31 *(a)* | 100000 | 100881 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 02/14/32 *(a)* | 200000 | 178060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 02/15/33 *(a)* | 100000 | 98393 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/15/34 *(a)* | 100000 | 98923 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 05/15/35 *(a)* | 100000 | 100304 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 06/15/45 *(a)* | 75000 | 59099 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 12/01/47 *(a)* | 150000 | 107522 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 11/15/48 *(a)* | 150000 | 120621 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 08/15/49 *(a)* | 150000 | 119825 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 03/12/50 *(a)* | 100000 | 65357 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 11/15/50 *(a)* | 200000 | 134946 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Tapestry, Inc.** | **Tapestry, Inc.** | **Tapestry, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 07/15/27 *(a)* | 100000 | 98916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 03/11/30 *(a)* | 150000 | 150109 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 03/15/32 *(a)* | 75000 | 65521 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/11/35 *(a)* | 150000 | 147214 |
| **Target Corp.** | **Target Corp.** | **Target Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 01/15/27 *(a)* | 150000 | 144969 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 04/15/29 *(a)* | 150000 | 145217 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.35%, 02/15/30 *(a)* | 250000 | 228775 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 09/15/30 *(a)* | 150000 | 137226 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 09/15/32 *(a)* | 200000 | 197156 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 01/15/33 *(a)* | 100000 | 97525 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 09/15/34 *(a)* | 150000 | 143486 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 10/15/37  | 100000 | 108913 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 01/15/38  | 100000 | 114452 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/01/42  | 75000 | 61750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 04/15/46  | 100000 | 73386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 11/15/47 *(a)* | 300000 | 226896 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 01/15/52 *(a)* | 100000 | 61778 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 01/15/53 *(a)* | 200000 | 174036 |
| **TJX Cos., Inc.** | **TJX Cos., Inc.** | **TJX Cos., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 09/15/26 *(a)* | 200000 | 195186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.15%, 05/15/28 *(a)* | 150000 | 137769 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 04/15/30 *(a)* | 100000 | 98048 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.60%, 05/15/31 *(a)* | 100000 | 85147 |
| **Toll Brothers Finance Corp.** | **Toll Brothers Finance Corp.** | **Toll Brothers Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/15/27 *(a)* | 100000 | 100067 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 02/15/28 *(a)* | 200000 | 197870 |
| **Toyota Motor Corp.** | **Toyota Motor Corp.** | **Toyota Motor Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.28%, 07/13/26 *(a)* | 150000 | 151470 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.12%, 07/13/28 *(a)* | 100000 | 102270 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.67%, 07/20/28  | 150000 | 147786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.76%, 07/02/29  | 150000 | 141089 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.36%, 03/25/31 *(a)* | 100000 | 88408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.12%, 07/13/33 *(a)* | 100000 | 101697 |
| **Toyota Motor Credit Corp.** | **Toyota Motor Credit Corp.** | **Toyota Motor Credit Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 06/18/26  | 100000 | 96712 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 08/07/26  | 150000 | 150354 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/14/26  | 150000 | 151134 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 11/20/26  | 200000 | 203120 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 01/08/27  | 100000 | 100563 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 01/11/27  | 150000 | 147450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 01/13/27  | 150000 | 144350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/19/27  | 150000 | 151884 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 03/22/27  | 300000 | 293427 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/14/27  | 200000 | 200673 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.15%, 08/13/27  | 100000 | 93535 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 09/20/27  | 200000 | 200970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 10/08/27  | 200000 | 200078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 11/10/27  | 100000 | 102640 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 01/12/28  | 150000 | 151192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 04/06/28  | 150000 | 140580 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 09/11/28  | 100000 | 102754 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 01/05/29  | 160000 | 161194 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 01/08/29  | 150000 | 146085 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 05/16/29  | 150000 | 153274 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 06/29/29  | 200000 | 200192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 08/09/29  | 175000 | 175485 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 01/09/30  | 100000 | 101600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 02/13/30  | 100000 | 89946 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 04/01/30  | 200000 | 189548 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 05/15/30  | 100000 | 100687 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 05/17/30  | 150000 | 149761 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 11/20/30  | 200000 | 208666 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 01/10/31  | 100000 | 85235 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 03/21/31  | 100000 | 101735 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 09/12/31  | 100000 | 84706 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 10/10/31  | 150000 | 148786 |

---

**35**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 01/13/32  | 75000 | 64705 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 01/12/33  | 100000 | 98994 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 01/05/34  | 100000 | 98686 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 01/09/35  | 150000 | 151686 |
| **Tractor Supply Co.** | **Tractor Supply Co.** | **Tractor Supply Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 11/01/30 *(a)* | 125000 | 106743 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/15/33 *(a)* | 150000 | 149796 |
| **Uber Technologies, Inc.** | **Uber Technologies, Inc.** | **Uber Technologies, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 01/15/30 *(a)* | 225000 | 222028 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 09/15/34 *(a)* | 275000 | 265892 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 09/15/54 *(a)* | 200000 | 182336 |
| **VICI Properties LP** | **VICI Properties LP** | **VICI Properties LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/15/28 *(a)* | 250000 | 250360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 02/15/30 *(a)* | 200000 | 198748 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 11/15/31 *(a)* | 150000 | 148233 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 05/15/32 *(a)* | 200000 | 196364 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 04/01/34 *(a)* | 100000 | 100538 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 04/01/35 *(a)* | 150000 | 148701 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 05/15/52 *(a)* | 150000 | 134390 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 04/01/54 *(a)* | 100000 | 96003 |
| **Walmart, Inc.** | **Walmart, Inc.** | **Walmart, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 07/08/26 *(a)* | 200000 | 197698 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.05%, 09/17/26 *(a)* | 200000 | 192502 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 04/05/27  | 75000 | 77670 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 04/28/27  | 125000 | 125265 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 09/09/27 *(a)* | 200000 | 199542 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 04/15/28 *(a)* | 125000 | 124735 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 06/26/28 *(a)* | 300000 | 297195 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 09/22/28 *(a)* | 200000 | 184386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 07/08/29 *(a)* | 150000 | 145212 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 09/24/29 *(a)* | 100000 | 93268 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.55%, 02/15/30  | 100000 | 114371 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/15/30 *(a)* | 100000 | 99550 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 04/28/30 *(a)* | 175000 | 175714 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 09/22/31 *(a)* | 350000 | 301602 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 09/09/32 *(a)* | 200000 | 195974 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 04/15/33 *(a)* | 250000 | 242577 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 04/28/35 *(a)* | 275000 | 275212 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 09/01/35  | 250000 | 260217 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 08/15/37  | 150000 | 170509 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 04/15/38  | 175000 | 193970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 06/28/38 *(a)* | 100000 | 89687 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 04/01/40  | 100000 | 105253 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/25/40  | 50000 | 49621 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 04/15/41  | 100000 | 104062 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 09/22/41 *(a)* | 200000 | 138334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 04/22/44 *(a)* | 100000 | 86802 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 12/15/47 *(a)* | 50000 | 37944 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 06/29/48 *(a)* | 350000 | 284543 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 09/24/49 *(a)* | 150000 | 98054 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 09/22/51 *(a)* | 250000 | 153405 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 09/09/52 *(a)* | 200000 | 172156 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/15/53 *(a)* | 250000 | 215225 |
|  |  | **89611369** |
| ***Consumer Non-Cyclical 3.6%***  | ***Consumer Non-Cyclical 3.6%***  | ***Consumer Non-Cyclical 3.6%***  |
| **Abbott Laboratories** | **Abbott Laboratories** | **Abbott Laboratories** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 11/30/26 *(a)* | 200000 | 199168 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.15%, 01/30/28 *(a)* | 50000 | 46561 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.40%, 06/30/30 *(a)* | 150000 | 130985 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 11/30/36 *(a)* | 350000 | 342835 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 11/30/37  | 150000 | 163809 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 04/01/39  | 100000 | 108381 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 05/27/40  | 100000 | 100116 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 04/15/43 *(a)* | 150000 | 139341 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 11/30/46 *(a)* | 576000 | 533981 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **AbbVie, Inc.** | **AbbVie, Inc.** | **AbbVie, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 11/21/26 *(a)* | 800000 | 784432 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/15/27 *(a)* | 400000 | 403816 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 03/15/28 *(a)* | 225000 | 227383 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 11/14/28 *(a)* | 300000 | 300003 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/15/29 *(a)* | 450000 | 456700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 11/21/29 *(a)* | 1000000 | 949050 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/15/30 *(a)* | 175000 | 177963 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 03/15/31 *(a)* | 350000 | 355792 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/15/34 *(a)* | 525000 | 526843 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 03/15/35 *(a)* | 350000 | 334334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 03/15/35 *(a)* | 175000 | 176029 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/14/35 *(a)* | 500000 | 475940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 05/14/36 *(a)* | 175000 | 162186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 11/21/39 *(a)* | 600000 | 513264 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 10/01/42 *(a)* | 100000 | 87957 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 11/06/42  | 525000 | 451841 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 03/15/44 *(a)* | 150000 | 143906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 06/15/44 *(a)* | 200000 | 179832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/15/45 *(a)* | 161000 | 141976 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 05/14/45 *(a)* | 550000 | 483301 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 05/14/46 *(a)* | 350000 | 294010 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 11/14/48 *(a)* | 300000 | 265521 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 11/21/49 *(a)* | 1100000 | 882574 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 03/15/54 *(a)* | 550000 | 522065 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 03/15/55 *(a)* | 150000 | 146559 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/15/64 *(a)* | 275000 | 261437 |
| **AdventHealth Obligated Group** | **AdventHealth Obligated Group** | **AdventHealth Obligated Group** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 11/15/51 *(a)* | 75000 | 45193 |
| **Adventist Health System** | **Adventist Health System** | **Adventist Health System** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.43%, 03/01/32 *(a)* | 75000 | 74870 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.76%, 12/01/34 *(a)* | 50000 | 49346 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 03/01/49 *(a)* | 100000 | 65909 |
| **Advocate Health & Hospitals Corp.** | **Advocate Health & Hospitals Corp.** | **Advocate Health & Hospitals Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.83%, 08/15/28 *(a)* | 50000 | 49072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.27%, 08/15/48 *(a)* | 150000 | 118433 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.39%, 10/15/49 *(a)* | 100000 | 69168 |
| **Agilent Technologies, Inc.** | **Agilent Technologies, Inc.** | **Agilent Technologies, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 09/22/26 *(a)* | 100000 | 98226 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 09/09/27 *(a)* | 100000 | 99482 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 09/15/29 *(a)* | 100000 | 92839 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 06/04/30 *(a)* | 100000 | 88661 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 03/12/31 *(a)* | 100000 | 87483 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 09/09/34 *(a)* | 100000 | 96560 |
| **Ahold Finance USA LLC** | **Ahold Finance USA LLC** | **Ahold Finance USA LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 05/01/29  | 75000 | 81287 |
| **AHS Hospital Corp.** | **AHS Hospital Corp.** | **AHS Hospital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.02%, 07/01/45  | 50000 | 45624 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.78%, 07/01/51 *(a)* | 100000 | 60400 |
| **Allina Health System** | **Allina Health System** | **Allina Health System** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.89%, 04/15/49 *(a)* | 100000 | 74112 |
| **Altria Group, Inc.** | **Altria Group, Inc.** | **Altria Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 09/16/26 *(a)* | 100000 | 97741 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 02/04/28 *(a)* | 95000 | 95932 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 11/01/28 *(a)* | 100000 | 105099 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 02/14/29 *(a)* | 300000 | 301215 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 05/06/30 *(a)* | 150000 | 140834 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 02/04/32 *(a)* | 300000 | 254628 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 11/01/33 *(a)* | 100000 | 109856 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 02/06/35 *(a)* | 95000 | 95485 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 02/14/39 *(a)* | 375000 | 371336 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 02/04/41 *(a)* | 275000 | 199114 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 08/09/42  | 200000 | 158470 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/02/43  | 100000 | 81316 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 01/31/44  | 295000 | 272105 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 09/16/46 *(a)* | 275000 | 197186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 02/14/49 *(a)* | 400000 | 389168 |

---

**36**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 05/06/50 *(a)* | 100000 | 76278 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 02/04/51 *(a)* | 250000 | 168972 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/04/61 *(a)* | 200000 | 137348 |
| **Amgen, Inc.** | **Amgen, Inc.** | **Amgen, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 08/19/26 *(a)* | 280000 | 274254 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 02/21/27 *(a)* | 300000 | 289074 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 11/02/27 *(a)* | 150000 | 145836 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 03/02/28 *(a)* | 700000 | 712922 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 08/15/28 *(a)* | 200000 | 183560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 02/22/29 *(a)* | 150000 | 142290 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 08/18/29 *(a)* | 200000 | 195978 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 02/21/30 *(a)* | 200000 | 181450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/02/30 *(a)* | 500000 | 512970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 02/25/31 *(a)* | 175000 | 153625 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 01/15/32 *(a)* | 200000 | 168224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 02/22/32 *(a)* | 200000 | 182872 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/01/33 *(a)* | 200000 | 189378 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/02/33 *(a)* | 800000 | 807728 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 06/01/37  | 100000 | 107960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 02/01/39  | 50000 | 53170 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 02/21/40 *(a)* | 350000 | 264887 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 03/15/40  | 75000 | 75047 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 08/15/41 *(a)* | 200000 | 141172 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 10/01/41  | 100000 | 90288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 11/15/41 *(a)* | 100000 | 91974 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 06/15/42 *(a)* | 75000 | 73034 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 03/02/43 *(a)* | 500000 | 484940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 05/01/45 *(a)* | 375000 | 311377 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.56%, 06/15/48 *(a)* | 250000 | 206755 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 02/21/50 *(a)* | 400000 | 273780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.66%, 06/15/51 *(a)* | 625000 | 518869 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 01/15/52 *(a)* | 150000 | 93765 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 02/22/52 *(a)* | 200000 | 153036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/01/53 *(a)* | 200000 | 170234 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 03/02/53 *(a)* | 800000 | 762520 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.77%, 09/01/53 *(a)* | 219000 | 125794 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 02/22/62 *(a)* | 275000 | 208384 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 03/02/63 *(a)* | 450000 | 426537 |
| **Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc.** | **Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc.** | **Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 02/01/36 *(a)* | 805000 | 773621 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/01/46 *(a)* | 1700000 | 1534233 |
| **Anheuser-Busch InBev Finance, Inc.** | **Anheuser-Busch InBev Finance, Inc.** | **Anheuser-Busch InBev Finance, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 02/01/36 *(a)* | 150000 | 144269 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 02/01/44  | 200000 | 177130 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/01/46 *(a)* | 200000 | 180180 |
| **Anheuser-Busch InBev Worldwide, Inc.** | **Anheuser-Busch InBev Worldwide, Inc.** | **Anheuser-Busch InBev Worldwide, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 01/23/29 *(a)* | 800000 | 811352 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 06/01/30 *(a)* | 300000 | 287502 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 01/23/31 *(a)* | 100000 | 102033 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/34 *(a)* | 200000 | 201562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 06/15/35  | 75000 | 79682 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 04/15/38 *(a)* | 150000 | 136373 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.20%, 01/15/39  | 250000 | 314750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 01/23/39 *(a)* | 400000 | 402192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 11/15/39  | 150000 | 186651 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 01/15/42  | 300000 | 278505 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 04/15/48 *(a)* | 150000 | 129885 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.44%, 10/06/48 *(a)* | 350000 | 291585 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 01/23/49 *(a)* | 800000 | 785376 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 04/15/58 *(a)* | 150000 | 127146 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 01/23/59 *(a)* | 350000 | 349744 |
| **Archer-Daniels-Midland Co.** | **Archer-Daniels-Midland Co.** | **Archer-Daniels-Midland Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 08/11/26 *(a)* | 200000 | 195826 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/27/30 *(a)* | 200000 | 189402 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 03/01/32 *(a)* | 250000 | 222780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 08/15/33 *(a)* | 100000 | 96476 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 09/15/35  | 100000 | 102158 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.54%, 03/26/42  | 100000 | 87790 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/15/47 *(a)* | 50000 | 37000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/15/49 *(a)* | 100000 | 82946 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 09/15/51 *(a)* | 100000 | 59244 |
| **Ascension Health** | **Ascension Health** | **Ascension Health** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.53%, 11/15/29 *(a)* | 150000 | 138447 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.11%, 11/15/39 *(a)* | 100000 | 76470 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 11/15/46  | 150000 | 117605 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 11/15/53  | 100000 | 87873 |
| **Astrazeneca Finance LLC** | **Astrazeneca Finance LLC** | **Astrazeneca Finance LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 02/26/27 *(a)* | 300000 | 303213 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/03/28 *(a)* | 200000 | 203788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 05/28/28 *(a)* | 250000 | 233230 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 02/26/29 *(a)* | 200000 | 203446 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/03/30 *(a)* | 150000 | 153034 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/26/31 *(a)* | 200000 | 203900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 05/28/31 *(a)* | 150000 | 132299 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/03/33 *(a)* | 50000 | 50280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/26/34 *(a)* | 300000 | 301932 |
| **AstraZeneca PLC** | **AstraZeneca PLC** | **AstraZeneca PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 06/12/27 *(a)* | 100000 | 98102 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/17/29 *(a)* | 150000 | 148747 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 08/06/30 *(a)* | 250000 | 214682 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.45%, 09/15/37  | 530000 | 585443 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 09/18/42  | 125000 | 103919 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 11/16/45  | 100000 | 85120 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 08/17/48 *(a)* | 150000 | 125789 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 08/06/50 *(a)* | 50000 | 26820 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/28/51 *(a)* | 200000 | 129686 |
| **Banner Health** | **Banner Health** | **Banner Health** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.34%, 01/01/30 *(a)* | 100000 | 90899 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 01/01/31 *(a)* | 100000 | 86566 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.18%, 01/01/50 *(a)* | 100000 | 66198 |
| **Baptist Health South Florida Foundation, Inc.** | **Baptist Health South Florida Foundation, Inc.** | **Baptist Health South Florida Foundation, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.12%, 11/15/71 *(a)* | 50000 | 27020 |
| **Baptist Healthcare System Obligated Group** | **Baptist Healthcare System Obligated Group** | **Baptist Healthcare System Obligated Group** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 20B<br> 3.54%, 08/15/50 *(a)*<br>| 150000 | 98883 |
| **BAT Capital Corp.** | **BAT Capital Corp.** | **BAT Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.22%, 09/06/26 *(a)* | 200000 | 196686 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 04/02/27 *(a)* | 150000 | 150366 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.56%, 08/15/27 *(a)* | 400000 | 391352 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.26%, 03/25/28 *(a)* | 275000 | 258670 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.46%, 09/06/29 *(a)* | 100000 | 95142 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.91%, 04/02/30 *(a)* | 175000 | 176008 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.34%, 08/02/30 *(a)* | 200000 | 213416 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.83%, 02/20/31 *(a)* | 150000 | 156385 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.73%, 03/25/31 *(a)* | 250000 | 222237 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.74%, 03/16/32 *(a)* | 175000 | 171096 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 08/15/32 *(a)* | 175000 | 176823 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%, 10/19/32 *(a)* | 100000 | 114297 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.42%, 08/02/33 *(a)* | 250000 | 268405 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 02/20/34 *(a)* | 175000 | 182240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 08/15/35 *(a)* | 175000 | 175460 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.39%, 08/15/37 *(a)* | 450000 | 395896 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.73%, 09/25/40 *(a)* | 75000 | 57547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.08%, 08/02/43 *(a)* | 150000 | 162240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.54%, 08/15/47 *(a)* | 375000 | 296400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.76%, 09/06/49 *(a)* | 225000 | 180877 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.28%, 04/02/50 *(a)* | 100000 | 86236 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.98%, 09/25/50 *(a)* | 75000 | 52471 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 03/16/52 *(a)* | 125000 | 112973 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.08%, 08/02/53 *(a)* | 200000 | 217578 |
| **BAT International Finance PLC** | **BAT International Finance PLC** | **BAT International Finance PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 03/16/28 *(a)* | 200000 | 199428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.93%, 02/02/29 *(a)* | 200000 | 208970 |
| **Baxalta, Inc.** | **Baxalta, Inc.** | **Baxalta, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/23/45 *(a)* | 99000 | 90252 |

---

**37**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Baxter International, Inc.** | **Baxter International, Inc.** | **Baxter International, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 08/15/26 *(a)* | 129000 | 126032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.92%, 02/01/27 *(a)* | 225000 | 215228 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.27%, 12/01/28 *(a)* | 250000 | 230830 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 04/01/30 *(a)* | 100000 | 96783 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.73%, 04/01/31 *(a)* | 150000 | 126285 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.54%, 02/01/32 *(a)* | 250000 | 214645 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 08/15/46 *(a)* | 85000 | 58384 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 12/01/51 *(a)* | 125000 | 77040 |
| **BayCare Health System, Inc.** | **BayCare Health System, Inc.** | **BayCare Health System, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2020<br> 3.83%, 11/15/50 *(a)*<br>| 100000 | 74239 |
| **Baylor Scott & White Holdings** | **Baylor Scott & White Holdings** | **Baylor Scott & White Holdings** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.78%, 11/15/30 *(a)* | 100000 | 86255 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.19%, 11/15/45 *(a)* | 100000 | 81091 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.84%, 11/15/50 *(a)* | 200000 | 122484 |
| **Becton Dickinson & Co.** | **Becton Dickinson & Co.** | **Becton Dickinson & Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 06/06/27 *(a)* | 298000 | 293536 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.69%, 02/13/28 *(a)* | 150000 | 150663 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.87%, 02/08/29 *(a)* | 100000 | 100695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.08%, 06/07/29 *(a)* | 100000 | 101518 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.82%, 05/20/30 *(a)* | 150000 | 137099 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.96%, 02/11/31 *(a)* | 200000 | 171630 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 08/22/32 *(a)* | 100000 | 95235 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.11%, 02/08/34 *(a)* | 100000 | 98648 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.69%, 12/15/44 *(a)* | 250000 | 211577 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.67%, 06/06/47 *(a)* | 200000 | 166750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.79%, 05/20/50 *(a)* | 150000 | 107738 |
| **Beth Israel Lahey Health, Inc.** | **Beth Israel Lahey Health, Inc.** | **Beth Israel Lahey Health, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.08%, 07/01/51 *(a)* | 50000 | 30324 |
| **Biogen, Inc.** | **Biogen, Inc.** | **Biogen, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 05/01/30 *(a)* | 300000 | 266232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 01/15/31 *(a)* | 100000 | 100507 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 05/15/35 *(a)* | 100000 | 100786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 09/15/45 *(a)* | 200000 | 175842 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 05/01/50 *(a)* | 300000 | 182961 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 02/15/51 *(a)* | 167000 | 103074 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.45%, 05/15/55 *(a)* | 100000 | 100215 |
| **Bio-Rad Laboratories, Inc.** | **Bio-Rad Laboratories, Inc.** | **Bio-Rad Laboratories, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 03/15/27 *(a)* | 100000 | 97635 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/15/32 *(a)* | 150000 | 136434 |
| **Bon Secours Mercy Health, Inc.** | **Bon Secours Mercy Health, Inc.** | **Bon Secours Mercy Health, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.46%, 06/01/30 *(a)* | 100000 | 95001 |
| **Boston Scientific Corp.** | **Boston Scientific Corp.** | **Boston Scientific Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 06/01/30 *(a)* | 150000 | 137730 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 11/15/35 *(g)* | 100000 | 110604 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 03/01/39 *(a)* | 150000 | 138524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.38%, 01/15/40  | 75000 | 88637 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 03/01/49 *(a)* | 150000 | 131355 |
| **Bristol-Myers Squibb Co.** | **Bristol-Myers Squibb Co.** | **Bristol-Myers Squibb Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 06/15/26 *(a)* | 350000 | 345978 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/22/27 *(a)* | 200000 | 202378 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 02/27/27  | 75000 | 73898 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 11/13/27 *(a)* | 150000 | 139599 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 02/20/28 *(a)* | 300000 | 297936 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/22/29 *(a)* | 300000 | 305763 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 07/26/29 *(a)* | 450000 | 433224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 11/13/30 *(a)* | 250000 | 213857 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 02/01/31 *(a)* | 150000 | 158752 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 02/22/31 *(a)* | 225000 | 230398 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 03/15/32 *(a)* | 350000 | 313117 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 11/15/33 *(a)* | 200000 | 212184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 02/22/34 *(a)* | 500000 | 504000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 06/15/39 *(a)* | 325000 | 282334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.35%, 11/13/40 *(a)* | 150000 | 100271 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 03/15/42 *(a)* | 250000 | 192852 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 08/01/42  | 100000 | 72989 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 02/22/44 *(a)* | 100000 | 97210 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/01/44 *(a)* | 75000 | 64097 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 05/15/44 *(a)* | 150000 | 129849 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/45 *(a)* | 100000 | 90605 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 11/15/47 *(a)* | 250000 | 203520 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 02/20/48 *(a)* | 250000 | 209697 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 10/26/49 *(a)* | 650000 | 512960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 11/13/50 *(a)* | 275000 | 155848 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/15/52 *(a)* | 350000 | 248272 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 11/15/53 *(a)* | 200000 | 208548 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 02/22/54 *(a)* | 500000 | 475435 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 03/15/62 *(a)* | 200000 | 139240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 11/15/63 *(a)* | 275000 | 289756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 02/22/64 *(a)* | 350000 | 332048 |
| **Brown-Forman Corp.** | **Brown-Forman Corp.** | **Brown-Forman Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 04/15/33 *(a)* | 150000 | 148543 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/15/38 *(a)* | 150000 | 129356 |
| **Brunswick Corp.** | **Brunswick Corp.** | **Brunswick Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 03/18/29 *(a)* | 100000 | 101697 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 08/18/31 *(a)* | 150000 | 123803 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 04/01/52 *(a)* | 75000 | 55645 |
| **Bunge Ltd. Finance Corp.** | **Bunge Ltd. Finance Corp.** | **Bunge Ltd. Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 08/15/26 *(a)* | 150000 | 147745 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/25/27 *(a)* | 150000 | 147706 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 01/07/28 *(a)* | 75000 | 74471 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 09/17/29 *(a)* | 150000 | 148147 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 05/14/31 *(a)* | 150000 | 134291 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 09/17/34 *(a)* | 150000 | 144498 |
| **Campbell's Co.** | **Campbell's Co.** | **Campbell's Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 03/19/27  | 100000 | 101206 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 03/15/28 *(a)* | 150000 | 148816 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 03/21/29 *(a)* | 100000 | 101799 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 04/24/30 *(a)* | 75000 | 67082 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 03/21/34 *(a)* | 175000 | 174706 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/23/35 *(a)* | 150000 | 141605 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/15/48 *(a)* | 100000 | 85361 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 04/24/50 *(a)* | 200000 | 126140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 10/13/54 *(a)* | 75000 | 66084 |
| **Cardinal Health, Inc.** | **Cardinal Health, Inc.** | **Cardinal Health, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 11/15/26  | 150000 | 150361 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.41%, 06/15/27 *(a)* | 250000 | 245147 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 02/15/29 *(a)* | 125000 | 127385 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/29 *(a)* | 125000 | 126501 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 02/15/34 *(a)* | 100000 | 101068 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 11/15/34 *(a)* | 150000 | 149793 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 11/15/44 *(a)* | 100000 | 81519 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 09/15/45 *(a)* | 80000 | 68454 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.37%, 06/15/47 *(a)* | 100000 | 79306 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 11/15/54 *(a)* | 150000 | 143108 |
| **Catholic Health Services of Long Island Obligated Group** | **Catholic Health Services of Long Island Obligated Group** | **Catholic Health Services of Long Island Obligated Group** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.37%, 07/01/50 *(a)* | 50000 | 32735 |
| **Cencora, Inc.** | **Cencora, Inc.** | **Cencora, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 12/15/27 *(a)* | 100000 | 97588 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 12/15/27 *(a)* | 75000 | 75408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 12/15/29 *(a)* | 100000 | 100881 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 05/15/30 *(a)* | 100000 | 91940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 03/15/31 *(a)* | 200000 | 178636 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 02/15/34 *(a)* | 100000 | 99614 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 02/15/35 *(a)* | 150000 | 148918 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/01/45 *(a)* | 100000 | 79843 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 12/15/47 *(a)* | 100000 | 78896 |
| **Children's Health System of Texas** | **Children's Health System of Texas** | **Children's Health System of Texas** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.51%, 08/15/50 *(a)* | 150000 | 85397 |
| **Children's Hospital** | **Children's Hospital** | **Children's Hospital** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.93%, 07/15/50 *(a)* | 100000 | 60553 |

---

**38**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Children's Hospital Corp.** | **Children's Hospital Corp.** | **Children's Hospital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.12%, 01/01/47 *(a)* | 100000 | 80120 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.59%, 02/01/50 *(a)* | 80000 | 46665 |
| **Children's Hospital Medical Center** | **Children's Hospital Medical Center** | **Children's Hospital Medical Center** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.27%, 05/15/44  | 100000 | 83625 |
| **Children's Hospital of Philadelphia** | **Children's Hospital of Philadelphia** | **Children's Hospital of Philadelphia** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 07/01/50 *(a)* | 100000 | 59727 |
| **Church & Dwight Co., Inc.** | **Church & Dwight Co., Inc.** | **Church & Dwight Co., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 08/01/27 *(a)* | 100000 | 97531 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 11/15/32 *(a)* | 100000 | 104008 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 08/01/47 *(a)* | 100000 | 76450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/52 *(a)* | 100000 | 87577 |
| **Cigna Group** | **Cigna Group** | **Cigna Group** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 03/01/27 *(a)* | 142000 | 139497 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 10/15/27 *(a)* | 145000 | 140456 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 10/15/28 *(a)* | 735000 | 731141 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/29 *(a)* | 200000 | 203108 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 03/15/30 *(a)* | 250000 | 225442 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 03/15/31 *(a)* | 250000 | 218875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 05/15/31 *(a)* | 100000 | 101701 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 03/15/33 *(a)* | 150000 | 152601 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 02/15/34 *(a)* | 225000 | 224876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 08/15/38 *(a)* | 405000 | 370903 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 03/15/40 *(a)* | 150000 | 111782 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 11/15/41  | 100000 | 101614 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 07/15/46 *(a)* | 270000 | 229273 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 10/15/47 *(a)* | 145000 | 105276 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 12/15/48 *(a)* | 550000 | 465828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 03/15/50 *(a)* | 200000 | 130854 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 03/15/51 *(a)* | 250000 | 162582 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 02/15/54 *(a)* | 325000 | 300752 |
| **City of Hope** | **City of Hope** | **City of Hope** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.62%, 11/15/43  | 100000 | 94454 |
| **Cleveland Clinic Foundation** | **Cleveland Clinic Foundation** | **Cleveland Clinic Foundation** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.86%, 01/01/14  | 50000 | 40681 |
| **Clorox Co.** | **Clorox Co.** | **Clorox Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 10/01/27 *(a)* | 150000 | 145794 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 05/15/28 *(a)* | 100000 | 99036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 05/01/32 *(a)* | 200000 | 197558 |
| **Coca-Cola Co.** | **Coca-Cola Co.** | **Coca-Cola Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 03/25/27  | 200000 | 197940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 05/25/27  | 100000 | 97934 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 06/01/27  | 300000 | 285633 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 03/05/28  | 100000 | 93492 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 03/15/28  | 250000 | 231007 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 09/06/29  | 150000 | 138408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 03/25/30  | 200000 | 193392 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 06/01/30  | 450000 | 396135 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 03/05/31  | 125000 | 110344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 03/15/31  | 250000 | 212502 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 01/05/32  | 350000 | 307296 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/13/34 *(a)* | 175000 | 177898 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 08/14/34 *(a)* | 150000 | 148921 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 06/01/40  | 200000 | 141842 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 05/05/41  | 150000 | 109415 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/25/50  | 100000 | 81070 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 03/05/51  | 350000 | 227223 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 03/15/51  | 250000 | 145510 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 05/13/54 *(a)* | 200000 | 191322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 01/14/55 *(a)* | 275000 | 258175 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 06/01/60  | 200000 | 115524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 05/13/64 *(a)* | 300000 | 284658 |
| **Coca-Cola Consolidated, Inc.** | **Coca-Cola Consolidated, Inc.** | **Coca-Cola Consolidated, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/01/29 *(a)* | 100000 | 102339 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 06/01/34 *(a)* | 100000 | 101946 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Coca-Cola Femsa SAB de CV** | **Coca-Cola Femsa SAB de CV** | **Coca-Cola Femsa SAB de CV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 01/22/30 *(a)* | 200000 | 185096 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.85%, 09/01/32 *(a)* | 100000 | 80907 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 05/06/35 *(a)* | 150000 | 147218 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 11/26/43  | 150000 | 140066 |
| **Colgate-Palmolive Co.** | **Colgate-Palmolive Co.** | **Colgate-Palmolive Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 08/15/27 *(a)* | 200000 | 196258 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 03/01/28 *(a)* | 75000 | 76236 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 03/01/33 *(a)* | 150000 | 149794 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 08/15/45  | 100000 | 81671 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 08/01/47 *(a)* | 100000 | 76304 |
| **CommonSpirit Health** | **CommonSpirit Health** | **CommonSpirit Health** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.07%, 11/01/27 *(a)* | 100000 | 103189 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 10/01/29 *(a)* | 150000 | 141894 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.78%, 10/01/30 *(a)* | 150000 | 135435 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.21%, 12/01/31 *(a)* | 150000 | 151620 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.32%, 12/01/34 *(a)* | 125000 | 122968 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 11/01/42  | 150000 | 122846 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.82%, 10/01/49 *(a)* | 150000 | 107772 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.19%, 10/01/49 *(a)* | 100000 | 75213 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.91%, 10/01/50 *(a)* | 100000 | 71186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.46%, 11/01/52 *(a)* | 100000 | 102397 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 12/01/54 *(a)* | 150000 | 137928 |
| **Community Health Network, Inc.** | **Community Health Network, Inc.** | **Community Health Network, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 05/01/50 *(a)* | 50000 | 30642 |
| **Conagra Brands, Inc.** | **Conagra Brands, Inc.** | **Conagra Brands, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 10/01/26  | 200000 | 201564 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 11/01/27 *(a)* | 250000 | 231460 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 11/01/28 *(a)* | 250000 | 251125 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 11/01/38 *(a)* | 175000 | 164020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 11/01/48 *(a)* | 200000 | 176344 |
| **Conopco, Inc.** | **Conopco, Inc.** | **Conopco, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 12/15/26  | 75000 | 78277 |
| **Constellation Brands, Inc.** | **Constellation Brands, Inc.** | **Constellation Brands, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 12/06/26 *(a)* | 100000 | 98877 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 05/09/27 *(a)* | 100000 | 98039 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 05/09/27 *(a)* | 100000 | 99728 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 02/15/28 *(a)* | 150000 | 146660 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 11/15/28 *(a)* | 100000 | 100125 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 01/15/29 *(a)* | 100000 | 100530 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 08/01/29 *(a)* | 150000 | 141375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 05/01/30 *(a)* | 100000 | 91637 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 05/01/30 *(a)* | 100000 | 99964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 08/01/31 *(a)* | 150000 | 128645 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 05/09/32 *(a)* | 150000 | 147134 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 05/01/33 *(a)* | 150000 | 147036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/09/47 *(a)* | 75000 | 60674 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 02/15/48 *(a)* | 100000 | 75822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 11/15/48 *(a)* | 75000 | 67182 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 05/01/50 *(a)* | 150000 | 106523 |
| **Corewell Health Obligated Group** | **Corewell Health Obligated Group** | **Corewell Health Obligated Group** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.49%, 07/15/49 *(a)* | 50000 | 35086 |
| **Cottage Health Obligated Group** | **Cottage Health Obligated Group** | **Cottage Health Obligated Group** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 11/01/49 *(a)* | 100000 | 67801 |
| **CVS Health Corp.** | **CVS Health Corp.** | **CVS Health Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 06/01/26 *(a)* | 300000 | 294726 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 08/15/26 *(a)* | 100000 | 98089 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 04/01/27 *(a)* | 150000 | 147504 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 06/01/27  | 75000 | 77361 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 08/21/27 *(a)* | 400000 | 372020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 03/25/28 *(a)* | 945000 | 934633 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/30/29 *(a)* | 200000 | 201426 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 06/01/29 *(a)* | 200000 | 204048 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 08/15/29 *(a)* | 300000 | 282027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 02/21/30 *(a)* | 250000 | 251562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/01/30 *(a)* | 300000 | 284115 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 08/21/30 *(a)* | 250000 | 212712 |

---

**39**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/30/31 *(a)* | 200000 | 201832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 02/28/31 *(a)* | 250000 | 210135 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 06/01/31 *(a)* | 150000 | 153349 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 09/15/31 *(a)* | 200000 | 167556 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 02/21/33 *(a)* | 300000 | 295725 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 06/01/33 *(a)* | 200000 | 197538 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 06/01/34 *(a)* | 200000 | 201400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 07/20/35 *(a)* | 100000 | 93475 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.78%, 03/25/38 *(a)* | 900000 | 800469 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 09/15/39  | 150000 | 150136 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 04/01/40 *(a)* | 100000 | 80898 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 08/21/40 *(a)* | 75000 | 50132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 12/05/43 *(a)* | 100000 | 87723 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 06/01/44 *(a)* | 150000 | 143912 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 07/20/45 *(a)* | 500000 | 429165 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/25/48 *(a)* | 1500000 | 1251615 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 04/01/50 *(a)* | 100000 | 73238 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 02/21/53 *(a)* | 250000 | 222570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 06/01/53 *(a)* | 250000 | 230407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 06/01/54 *(a)* | 175000 | 165578 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 06/01/63 *(a)* | 175000 | 161114 |
| **Danaher Corp.** | **Danaher Corp.** | **Danaher Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 09/15/45 *(a)* | 100000 | 84719 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 10/01/50 *(a)* | 200000 | 117510 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 12/10/51 *(a)* | 200000 | 121174 |
| **Dartmouth-Hitchcock Health** | **Dartmouth-Hitchcock Health** | **Dartmouth-Hitchcock Health** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.18%, 08/01/48 *(a)* | 50000 | 37237 |
| **DENTSPLY SIRONA, Inc.** | **DENTSPLY SIRONA, Inc.** | **DENTSPLY SIRONA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/01/30 *(a)* | 150000 | 135398 |
| **DH Europe Finance II SARL** | **DH Europe Finance II SARL** | **DH Europe Finance II SARL** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 11/15/29 *(a)* | 200000 | 185300 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 11/15/39 *(a)* | 150000 | 117482 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 11/15/49 *(a)* | 150000 | 104034 |
| **Diageo Capital PLC** | **Diageo Capital PLC** | **Diageo Capital PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 10/05/26 *(a)* | 200000 | 202288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 10/24/27 *(a)* | 200000 | 204290 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 05/18/28 *(a)* | 200000 | 197982 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 04/29/30 *(a)* | 250000 | 222727 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 04/29/32 *(a)* | 200000 | 168084 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/24/33 *(a)* | 200000 | 206200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 10/05/33 *(a)* | 200000 | 208002 |
| **Diageo Investment Corp.** | **Diageo Investment Corp.** | **Diageo Investment Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 04/15/35 *(a)* | 200000 | 205356 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 05/11/42  | 150000 | 124470 |
| **Dignity Health** | **Dignity Health** | **Dignity Health** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 11/01/42  | 50000 | 41088 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.27%, 11/01/64  | 50000 | 42833 |
| **Duke University Health System, Inc.** | **Duke University Health System, Inc.** | **Duke University Health System, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.92%, 06/01/47 *(a)* | 150000 | 114768 |
| **Edwards Lifesciences Corp.** | **Edwards Lifesciences Corp.** | **Edwards Lifesciences Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 06/15/28 *(a)* | 100000 | 99565 |
| **Eli Lilly & Co.** | **Eli Lilly & Co.** | **Eli Lilly & Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/09/27 *(a)* | 200000 | 201202 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/15/27  | 100000 | 102366 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 05/15/27 *(a)* | 100000 | 98159 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 08/14/27 *(a)* | 100000 | 100229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 02/12/28 *(a)* | 200000 | 202288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/09/29 *(a)* | 200000 | 201694 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 03/15/29 *(a)* | 200000 | 194494 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 08/14/29 *(a)* | 200000 | 199724 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/12/30 *(a)* | 250000 | 254132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/12/32 *(a)* | 200000 | 203216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 02/27/33 *(a)* | 200000 | 199302 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 02/09/34 *(a)* | 250000 | 246277 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 08/14/34 *(a)* | 200000 | 195266 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 02/12/35 *(a)* | 250000 | 251965 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/01/45 *(a)* | 100000 | 78235 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 05/15/47 *(a)* | 50000 | 39698 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 03/15/49 *(a)* | 200000 | 156184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 05/15/50 *(a)* | 200000 | 110980 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 02/27/53 *(a)* | 200000 | 177952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/09/54 *(a)* | 300000 | 272244 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 08/14/54 *(a)* | 200000 | 182632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 02/12/55 *(a)* | 250000 | 244820 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 03/15/59 *(a)* | 75000 | 58011 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 09/15/60 *(a)* | 175000 | 93559 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 02/27/63 *(a)* | 225000 | 198315 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 02/09/64 *(a)* | 175000 | 158084 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 08/14/64 *(a)* | 150000 | 138449 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 02/12/65 *(a)* | 150000 | 146739 |
| **Estee Lauder Cos., Inc.** | **Estee Lauder Cos., Inc.** | **Estee Lauder Cos., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 03/15/27 *(a)* | 100000 | 97970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 05/15/28 *(a)* | 100000 | 100138 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 12/01/29 *(a)* | 100000 | 91451 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 04/15/30 *(a)* | 150000 | 137019 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 03/15/31 *(a)* | 150000 | 128802 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 05/15/33 *(a)* | 100000 | 96903 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/14/34 *(a)* | 150000 | 148614 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 05/15/37  | 90000 | 94555 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 03/15/47 *(a)* | 100000 | 75509 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 12/01/49 *(a)* | 150000 | 91919 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 05/15/53 *(a)* | 100000 | 89813 |
| **Flowers Foods, Inc.** | **Flowers Foods, Inc.** | **Flowers Foods, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 10/01/26 *(a)* | 75000 | 73710 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 03/15/31 *(a)* | 100000 | 86131 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 03/15/35 *(a)* | 95000 | 95835 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 03/15/55 *(a)* | 75000 | 73120 |
| **Fomento Economico Mexicano SAB de CV** | **Fomento Economico Mexicano SAB de CV** | **Fomento Economico Mexicano SAB de CV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 01/16/50 *(a)* | 300000 | 212880 |
| **Franciscan Missionaries of Our Lady Health System, Inc.** | **Franciscan Missionaries of Our Lady Health System, Inc.** | **Franciscan Missionaries of Our Lady Health System, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.91%, 07/01/49 *(a)* | 50000 | 36696 |
| **GE HealthCare Technologies, Inc.** | **GE HealthCare Technologies, Inc.** | **GE HealthCare Technologies, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 11/15/27 *(a)* | 300000 | 307887 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 08/14/29 *(a)* | 200000 | 201172 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.86%, 03/15/30 *(a)* | 200000 | 209508 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.91%, 11/22/32 *(a)* | 300000 | 315444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 11/22/52 *(a)* | 200000 | 211044 |
| **General Mills, Inc.** | **General Mills, Inc.** | **General Mills, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 01/30/27 *(a)* | 100000 | 100437 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 02/10/27 *(a)* | 100000 | 98154 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 04/17/28 *(a)* | 250000 | 248840 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 10/17/28 *(a)* | 100000 | 103158 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 01/30/30 *(a)* | 150000 | 151405 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 04/15/30 *(a)* | 150000 | 138144 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 10/14/31 *(a)* | 100000 | 85799 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 03/29/33 *(a)* | 200000 | 197904 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/30/35 *(a)* | 125000 | 124060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 06/15/40  | 75000 | 72446 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 02/15/43 *(a)* | 75000 | 59950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 04/17/48 *(a)* | 75000 | 62906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 02/01/51 *(a)* | 150000 | 93309 |
| **Gilead Sciences, Inc.** | **Gilead Sciences, Inc.** | **Gilead Sciences, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 03/01/27 *(a)* | 200000 | 196214 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.20%, 10/01/27 *(a)* | 150000 | 140370 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 11/15/29 *(a)* | 150000 | 152110 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 10/01/30 *(a)* | 200000 | 172790 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 10/15/33 *(a)* | 200000 | 203582 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 06/15/35 *(a)* | 150000 | 149316 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 09/01/35 *(a)* | 200000 | 191524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 09/01/36 *(a)* | 100000 | 89775 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 10/01/40 *(a)* | 200000 | 140114 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 12/01/41 *(a)* | 224000 | 222860 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 04/01/44 *(a)* | 300000 | 267636 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/01/45 *(a)* | 350000 | 298980 |

---

**40**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/01/46 *(a)* | 370000 | 324383 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 03/01/47 *(a)* | 300000 | 240306 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 10/01/50 *(a)* | 250000 | 152612 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 10/15/53 *(a)* | 175000 | 168115 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 11/15/54 *(a)* | 225000 | 215300 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 11/15/64 *(a)* | 150000 | 143213 |
| **GlaxoSmithKline Capital PLC** | **GlaxoSmithKline Capital PLC** | **GlaxoSmithKline Capital PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 06/01/29 *(a)* | 200000 | 192844 |
| **GlaxoSmithKline Capital, Inc.** | **GlaxoSmithKline Capital, Inc.** | **GlaxoSmithKline Capital, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 05/15/28  | 400000 | 396716 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/15/30 *(a)* | 150000 | 150006 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 04/15/34  | 100000 | 102641 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 04/15/35 *(a)* | 150000 | 147230 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 05/15/38  | 463000 | 505531 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/18/43  | 100000 | 83834 |
| **Hackensack Meridian Health, Inc.** | **Hackensack Meridian Health, Inc.** | **Hackensack Meridian Health, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.68%, 09/01/41 *(a)* | 200000 | 136046 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 09/01/50 *(a)* | 100000 | 61190 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/01/57 *(a)* | 50000 | 39938 |
| **Haleon U.S. Capital LLC** | **Haleon U.S. Capital LLC** | **Haleon U.S. Capital LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 03/24/29 *(a)* | 250000 | 240140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 03/24/32 *(a)* | 400000 | 370832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/24/52 *(a)* | 250000 | 189067 |
| **Hartford HealthCare Corp.** | **Hartford HealthCare Corp.** | **Hartford HealthCare Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 07/01/54  | 75000 | 50977 |
| **Hasbro, Inc.** | **Hasbro, Inc.** | **Hasbro, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 11/19/26 *(a)* | 150000 | 147452 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 09/15/27 *(a)* | 100000 | 97282 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 11/19/29 *(a)* | 100000 | 95429 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 05/14/34 *(a)* | 100000 | 101414 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 03/15/40  | 125000 | 125408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 05/15/44 *(a)* | 50000 | 42661 |
| **HCA, Inc.** | **HCA, Inc.** | **HCA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/15/26 *(a)* | 250000 | 250277 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 09/01/26 *(a)* | 200000 | 200922 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/15/27 *(a)* | 200000 | 199454 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 03/15/27 *(a)* | 200000 | 195036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/01/28 *(a)* | 150000 | 151614 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 06/01/28 *(a)* | 200000 | 202898 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 09/01/28 *(a)* | 250000 | 255737 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 02/01/29 *(a)* | 200000 | 206516 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 03/15/29 *(a)* | 100000 | 95157 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 06/15/29 *(a)* | 450000 | 438417 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/01/30 *(a)* | 150000 | 152334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 09/01/30 *(a)* | 500000 | 466490 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 04/01/31 *(a)* | 300000 | 305646 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 07/15/31 *(a)* | 200000 | 171210 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/01/32 *(a)* | 150000 | 151995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 03/15/32 *(a)* | 350000 | 317957 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/01/33 *(a)* | 250000 | 252472 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 04/01/34 *(a)* | 250000 | 251465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 09/15/34 *(a)* | 200000 | 198448 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 03/01/35 *(a)* | 275000 | 277560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 06/15/39 *(a)* | 150000 | 137729 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/15/42 *(a)* | 100000 | 80826 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/15/47 *(a)* | 275000 | 249428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/15/49 *(a)* | 350000 | 303044 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 07/15/51 *(a)* | 325000 | 208656 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 03/15/52 *(a)* | 350000 | 274424 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 06/01/53 *(a)* | 200000 | 187880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 04/01/54 *(a)* | 275000 | 261330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 09/15/54 *(a)* | 75000 | 70757 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 03/01/55 *(a)* | 250000 | 244192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 04/01/64 *(a)* | 150000 | 141795 |
| **Hershey Co.** | **Hershey Co.** | **Hershey Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 02/24/28 *(a)* | 75000 | 75782 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 05/04/28 *(a)* | 150000 | 150792 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 11/15/29 *(a)* | 100000 | 92416 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/24/30 *(a)* | 75000 | 76016 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 02/24/32 *(a)* | 75000 | 76040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/04/33 *(a)* | 150000 | 146648 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 02/24/35 *(a)* | 75000 | 75035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 11/15/49 *(a)* | 100000 | 66179 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 06/01/50 *(a)* | 100000 | 59308 |
| **Hoag Memorial Hospital Presbyterian** | **Hoag Memorial Hospital Presbyterian** | **Hoag Memorial Hospital Presbyterian** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 07/15/52 *(a)* | 75000 | 55277 |
| **Hormel Foods Corp.** | **Hormel Foods Corp.** | **Hormel Foods Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/30/27 *(a)* | 100000 | 100947 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 06/03/28 *(a)* | 150000 | 139199 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 06/11/30 *(a)* | 150000 | 132249 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 06/03/51 *(a)* | 150000 | 95483 |
| **Icon Investments Six DAC** | **Icon Investments Six DAC** | **Icon Investments Six DAC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.81%, 05/08/27 *(a)* | 200000 | 203412 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 05/08/29 *(a)* | 200000 | 205054 |
| **Illumina, Inc.** | **Illumina, Inc.** | **Illumina, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 12/13/27 *(a)* | 100000 | 102100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 03/23/31 *(a)* | 150000 | 129363 |
| **Indiana University Health, Inc. Obligated Group** | **Indiana University Health, Inc. Obligated Group** | **Indiana University Health, Inc. Obligated Group** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.97%, 11/01/48 *(a)* | 55000 | 42313 |
| **Ingredion, Inc.** | **Ingredion, Inc.** | **Ingredion, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 06/01/30 *(a)* | 150000 | 138041 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 06/01/50 *(a)* | 100000 | 72473 |
| **Inova Health System Foundation** | **Inova Health System Foundation** | **Inova Health System Foundation** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.07%, 05/15/52 *(a)* | 75000 | 57568 |
| **Integris Baptist Medical Center, Inc.** | **Integris Baptist Medical Center, Inc.** | **Integris Baptist Medical Center, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 08/15/50 *(a)* | 100000 | 69908 |
| **IQVIA, Inc.** | **IQVIA, Inc.** | **IQVIA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 05/15/28 *(a)* | 200000 | 203508 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 02/01/29 *(a)* | 200000 | 207608 |
| **J.M. Smucker Co.** | **J.M. Smucker Co.** | **J.M. Smucker Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 11/15/28 *(a)* | 200000 | 209628 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 03/15/30 *(a)* | 100000 | 90132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 03/15/32 *(a)* | 75000 | 62641 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 11/15/33 *(a)* | 200000 | 212396 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/15/35  | 100000 | 91106 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 11/15/43 *(a)* | 200000 | 209442 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/15/45  | 100000 | 80550 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 11/15/53 *(a)* | 150000 | 157894 |
| **JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL** | **JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL** | **JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 01/15/27 *(a)* | 150000 | 144878 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 02/02/29 *(a)* | 100000 | 94197 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/15/30 *(a)* | 230000 | 232822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 12/01/31 *(a)* | 100000 | 91780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 01/15/32 *(a)* | 200000 | 180174 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/15/32 *(a)* | 250000 | 215400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 04/01/33 *(a)* | 300000 | 304464 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 03/15/34 *(a)* | 200000 | 215108 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 02/02/52 *(a)* | 150000 | 113273 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 12/01/52 *(a)* | 300000 | 304515 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 11/15/53 *(a)* | 200000 | 220464 |
| **JBS USA LUX SARL/JBS USA Food Co./JBS USA Foods Group** | **JBS USA LUX SARL/JBS USA Food Co./JBS USA Foods Group** | **JBS USA LUX SARL/JBS USA Food Co./JBS USA Foods Group** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 04/20/35 *(a)(d)* | 150000 | 153228 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 02/25/55 *(a)(d)* | 150000 | 149617 |
| **Johns Hopkins Health System Corp.** | **Johns Hopkins Health System Corp.** | **Johns Hopkins Health System Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.84%, 05/15/46  | 150000 | 114504 |
| **Johnson & Johnson** | **Johnson & Johnson** | **Johnson & Johnson** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/01/27  | 150000 | 151248 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 03/03/27 *(a)* | 200000 | 196518 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.95%, 09/01/27 *(a)* | 300000 | 280563 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 01/15/28 *(a)* | 200000 | 194650 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 03/01/28 *(a)* | 150000 | 152134 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 06/01/29 *(a)* | 200000 | 204698 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 03/01/30 *(a)* | 200000 | 203500 |

---

**41**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 09/01/30 *(a)* | 400000 | 344504 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 06/01/31 *(a)* | 200000 | 205298 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 03/01/32 *(a)* | 250000 | 254310 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 05/15/33  | 100000 | 102361 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 12/05/33 *(a)* | 150000 | 148129 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 06/01/34 *(a)* | 150000 | 153472 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/01/35 *(a)* | 250000 | 252420 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 03/01/36 *(a)* | 200000 | 177678 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 03/03/37 *(a)* | 200000 | 175550 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 08/15/37  | 200000 | 217784 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 01/15/38 *(a)* | 150000 | 126576 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 07/15/38  | 100000 | 107632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 09/01/40 *(a)* | 250000 | 168417 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 09/01/40  | 150000 | 140151 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 05/15/41  | 75000 | 71876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 12/05/43 *(a)* | 100000 | 90888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/01/46 *(a)* | 230000 | 182031 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 03/03/47 *(a)* | 200000 | 157662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 01/15/48 *(a)* | 150000 | 112620 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 09/01/50 *(a)* | 200000 | 114022 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/01/54 *(a)* | 175000 | 169790 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 09/01/60 *(a)* | 250000 | 133695 |
| **Kaiser Foundation Hospitals** | **Kaiser Foundation Hospitals** | **Kaiser Foundation Hospitals** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 05/01/27 *(a)* | 100000 | 97580 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.81%, 06/01/41 *(a)* | 250000 | 174035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 04/01/42  | 150000 | 136296 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 05/01/47 *(a)* | 250000 | 200107 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.27%, 11/01/49 *(a)* | 150000 | 100899 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 06/01/51 *(a)* | 250000 | 157470 |
| **Kellanova** | **Kellanova** | **Kellanova** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 11/15/27 *(a)* | 100000 | 98025 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 05/15/28 *(a)* | 100000 | 100158 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 06/01/30 *(a)* | 150000 | 133421 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.45%, 04/01/31  | 100000 | 113289 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/01/33 *(a)* | 75000 | 75788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/01/46  | 100000 | 83641 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 05/16/54 *(a)* | 75000 | 72466 |
| **Kenvue, Inc.** | **Kenvue, Inc.** | **Kenvue, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/22/28 *(a)* | 150000 | 153786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/22/30 *(a)* | 150000 | 153807 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 05/22/32 *(a)* | 100000 | 100486 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/22/33 *(a)* | 300000 | 301029 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 03/22/43 *(a)* | 150000 | 141957 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/22/53 *(a)* | 250000 | 228470 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 03/22/63 *(a)* | 200000 | 181676 |
| **Keurig Dr. Pepper, Inc.** | **Keurig Dr. Pepper, Inc.** | **Keurig Dr. Pepper, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 09/15/26 *(a)* | 100000 | 97582 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 03/15/27 *(a)* | 150000 | 151464 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.43%, 06/15/27 *(a)* | 100000 | 97989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 05/25/28 *(a)* | 250000 | 251047 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/15/29 *(a)* | 150000 | 152335 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 04/15/29 *(a)* | 175000 | 171110 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 05/01/30 *(a)* | 100000 | 93392 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 03/15/31 *(a)* | 100000 | 87314 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 03/15/31 *(a)* | 75000 | 76491 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 04/15/32 *(a)* | 200000 | 190232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 03/15/34 *(a)* | 350000 | 353451 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 11/15/45 *(a)* | 150000 | 122595 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.42%, 12/15/46 *(a)* | 50000 | 39852 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 05/01/50 *(a)* | 150000 | 107711 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 03/15/51 *(a)* | 100000 | 65381 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/15/52 *(a)* | 200000 | 160820 |
| **Kimberly-Clark Corp.** | **Kimberly-Clark Corp.** | **Kimberly-Clark Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.05%, 09/15/27 *(a)* | 50000 | 46676 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 11/01/28 *(a)* | 100000 | 99340 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 04/25/29 *(a)* | 100000 | 96413 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 03/26/30 *(a)* | 250000 | 236572 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 11/02/31 *(a)* | 150000 | 130833 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/16/33 *(a)* | 100000 | 98745 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 07/30/46 *(a)* | 100000 | 68819 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 05/04/47 *(a)* | 100000 | 76346 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 02/07/50 *(a)* | 150000 | 95249 |
| **Koninklijke Ahold Delhaize NV** | **Koninklijke Ahold Delhaize NV** | **Koninklijke Ahold Delhaize NV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 10/01/40  | 38000 | 38030 |
| **Koninklijke Philips NV** | **Koninklijke Philips NV** | **Koninklijke Philips NV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 03/11/38  | 150000 | 161146 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/15/42  | 95000 | 83116 |
| **Kraft Heinz Foods Co.** | **Kraft Heinz Foods Co.** | **Kraft Heinz Foods Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 06/01/26 *(a)* | 300000 | 295434 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 05/15/27 *(a)* | 250000 | 247155 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 01/30/29 *(a)* | 75000 | 75234 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/01/30 *(a)* | 125000 | 119715 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/01/31 *(a)* | 200000 | 194532 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 03/15/32 *(a)* | 75000 | 75260 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 03/15/32  | 75000 | 81677 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 03/15/35 *(a)* | 75000 | 74240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/15/35 *(a)* | 100000 | 96998 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 01/26/39  | 150000 | 162205 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 10/01/39 *(a)* | 75000 | 65650 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 02/09/40  | 125000 | 131196 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/04/42  | 275000 | 242993 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 07/15/45 *(a)* | 350000 | 311188 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 06/01/46 *(a)* | 300000 | 237186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 10/01/49 *(a)* | 250000 | 209132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/01/50 *(a)* | 200000 | 182296 |
| **Kroger Co.** | **Kroger Co.** | **Kroger Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 10/15/26 *(a)* | 150000 | 146448 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 08/01/27 *(a)* | 100000 | 98527 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/15/29 *(a)* | 200000 | 200730 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 05/01/30 *(a)* | 100000 | 89278 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 01/15/31 *(a)* | 100000 | 84945 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/15/34 *(a)* | 400000 | 389952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.90%, 04/15/38  | 50000 | 55104 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 07/15/40 *(a)* | 100000 | 95963 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/15/42 *(a)* | 100000 | 89227 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 08/01/43 *(a)* | 75000 | 67971 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 10/15/46 *(a)* | 100000 | 73804 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 02/01/47 *(a)* | 200000 | 161758 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 01/15/48 *(a)* | 100000 | 82134 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 01/15/49 *(a)* | 100000 | 91095 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 01/15/50 *(a)* | 150000 | 110531 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 09/15/54 *(a)* | 375000 | 347756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 09/15/64 *(a)* | 275000 | 254972 |
| **Laboratory Corp. of America Holdings** | **Laboratory Corp. of America Holdings** | **Laboratory Corp. of America Holdings** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 09/01/27 *(a)* | 150000 | 147423 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 12/01/29 *(a)* | 100000 | 93065 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 04/01/30 *(a)* | 100000 | 98215 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 06/01/31 *(a)* | 150000 | 133367 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 04/01/32 *(a)* | 100000 | 97778 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 10/01/34 *(a)* | 175000 | 168175 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 02/01/45 *(a)* | 150000 | 127268 |
| **Mass General Brigham, Inc.** | **Mass General Brigham, Inc.** | **Mass General Brigham, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.77%, 07/01/48 *(a)* | 100000 | 74919 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.12%, 07/01/55 *(c)* | 100000 | 76745 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.34%, 07/01/60 *(a)* | 100000 | 63238 |
| **Mattel, Inc.** | **Mattel, Inc.** | **Mattel, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 11/01/41 *(a)* | 75000 | 65163 |
| **Mayo Clinic** | **Mayo Clinic** | **Mayo Clinic** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/15/47  | 100000 | 78167 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 11/15/61 *(a)* | 150000 | 91803 |
| **McCormick & Co., Inc.** | **McCormick & Co., Inc.** | **McCormick & Co., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 08/15/27 *(a)* | 150000 | 146657 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 04/15/30 *(a)* | 100000 | 90340 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.85%, 02/15/31 *(a)* | 100000 | 85035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 04/15/33 *(a)* | 100000 | 98839 |

---

**42**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 10/15/34 *(a)* | 75000 | 71264 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 08/15/47 *(a)* | 50000 | 38969 |
| **McKesson Corp.** | **McKesson Corp.** | **McKesson Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 08/15/26 *(a)* | 200000 | 193024 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 02/16/28 *(a)* | 100000 | 98953 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 05/30/30 *(a)* | 100000 | 100159 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 05/30/32 *(a)* | 100000 | 100328 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 07/15/33 *(a)* | 150000 | 151924 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/30/35 *(a)* | 100000 | 100326 |
| **McLaren Health Care Corp.** | **McLaren Health Care Corp.** | **McLaren Health Care Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A<br> 4.39%, 05/15/48 *(a)*<br>| 100000 | 80952 |
| **Mead Johnson Nutrition Co.** | **Mead Johnson Nutrition Co.** | **Mead Johnson Nutrition Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 11/01/39  | 150000 | 154762 |
| **Medtronic Global Holdings SCA** | **Medtronic Global Holdings SCA** | **Medtronic Global Holdings SCA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/30/28 *(a)* | 200000 | 200322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/30/33 *(a)* | 150000 | 146534 |
| **Medtronic, Inc.** | **Medtronic, Inc.** | **Medtronic, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/15/35  | 400000 | 380752 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 03/15/45  | 325000 | 285249 |
| **Memorial Sloan-Kettering Cancer Center** | **Memorial Sloan-Kettering Cancer Center** | **Memorial Sloan-Kettering Cancer Center** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/42  | 100000 | 93495 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 07/01/55  | 190000 | 149287 |
| **Merck & Co., Inc.** | **Merck & Co., Inc.** | **Merck & Co., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 06/10/27 *(a)* | 300000 | 286272 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 12/10/28 *(a)* | 200000 | 184960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 03/07/29 *(a)* | 350000 | 339258 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 05/17/30 *(a)* | 150000 | 149358 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 06/24/30 *(a)* | 250000 | 216122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 12/10/31 *(a)* | 400000 | 345456 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/17/33 *(a)* | 300000 | 295200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 12/01/33 *(e)(g)* | 100000 | 111620 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55%, 09/15/37  | 100000 | 111596 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 03/07/39 *(a)* | 200000 | 172106 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.35%, 06/24/40 *(a)* | 100000 | 68477 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 09/15/42 *(a)* | 100000 | 77480 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 05/18/43  | 200000 | 166788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 05/17/44 *(a)* | 150000 | 137184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 02/10/45 *(a)* | 400000 | 308716 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/07/49 *(a)* | 300000 | 233385 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 06/24/50 *(a)* | 250000 | 142470 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 12/10/51 *(a)* | 400000 | 239824 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/17/53 *(a)* | 250000 | 224145 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 12/10/61 *(a)* | 250000 | 141440 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 05/17/63 *(a)* | 200000 | 179756 |
| **Merck Sharp & Dohme Corp.** | **Merck Sharp & Dohme Corp.** | **Merck Sharp & Dohme Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 12/01/28  | 75000 | 79165 |
| **Methodist Hospital** | **Methodist Hospital** | **Methodist Hospital** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.71%, 12/01/50 *(a)* | 150000 | 88913 |
| **Molson Coors Beverage Co.** | **Molson Coors Beverage Co.** | **Molson Coors Beverage Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 07/15/26 *(a)* | 350000 | 344183 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/42  | 200000 | 178862 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 07/15/46 *(a)* | 330000 | 258710 |
| **Mondelez International, Inc.** | **Mondelez International, Inc.** | **Mondelez International, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 03/17/27 *(a)* | 150000 | 145596 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 05/06/28 *(a)* | 100000 | 99931 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 05/07/28 *(a)* | 100000 | 99611 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/20/29 *(a)* | 100000 | 101216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 04/13/30 *(a)* | 150000 | 137744 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/06/30 *(a)* | 100000 | 99095 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 02/04/31 *(a)* | 75000 | 63182 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 03/17/32 *(a)* | 150000 | 133583 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 10/15/32 *(a)* | 150000 | 123258 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 08/28/34 *(a)* | 100000 | 97218 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 05/06/35 *(a)* | 100000 | 98516 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 09/04/50 *(a)* | 150000 | 86781 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Montefiore Obligated Group** | **Montefiore Obligated Group** | **Montefiore Obligated Group** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 11/01/48  | 75000 | 60104 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.29%, 09/01/50  | 100000 | 66382 |
| **Mount Nittany Medical Center Obligated Group** | **Mount Nittany Medical Center Obligated Group** | **Mount Nittany Medical Center Obligated Group** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 11/15/52  | 50000 | 36039 |
| **Mount Sinai Hospital** | **Mount Sinai Hospital** | **Mount Sinai Hospital** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.74%, 07/01/49 *(a)* | 100000 | 64069 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.39%, 07/01/50 *(a)* | 150000 | 89348 |
| **Mylan, Inc.** | **Mylan, Inc.** | **Mylan, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 04/15/28 *(a)* | 150000 | 146690 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 11/29/43 *(a)* | 100000 | 79801 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 04/15/48 *(a)* | 100000 | 75452 |
| **MyMichigan Health** | **MyMichigan Health** | **MyMichigan Health** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.41%, 06/01/50 *(a)* | 75000 | 50768 |
| **Nationwide Children's Hospital, Inc.** | **Nationwide Children's Hospital, Inc.** | **Nationwide Children's Hospital, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.56%, 11/01/52 *(a)* | 75000 | 63038 |
| **New York & Presbyterian Hospital** | **New York & Presbyterian Hospital** | **New York & Presbyterian Hospital** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.26%, 08/01/40 *(a)* | 100000 | 66979 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.02%, 08/01/45  | 150000 | 119036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.61%, 08/01/60 *(a)* | 100000 | 54080 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 08/01/19 *(a)* | 100000 | 66286 |
| **Northwell Healthcare, Inc.** | **Northwell Healthcare, Inc.** | **Northwell Healthcare, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.98%, 11/01/46 *(a)* | 45000 | 33592 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.26%, 11/01/47 *(a)* | 150000 | 115176 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.81%, 11/01/49 *(a)* | 100000 | 70615 |
| **Novant Health, Inc.** | **Novant Health, Inc.** | **Novant Health, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.64%, 11/01/36 *(a)* | 100000 | 76822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.17%, 11/01/51 *(a)* | 100000 | 63926 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.32%, 11/01/61 *(a)* | 75000 | 46129 |
| **Novartis Capital Corp.** | **Novartis Capital Corp.** | **Novartis Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 02/14/27 *(a)* | 300000 | 290223 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 05/17/27 *(a)* | 200000 | 196558 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 09/18/29 *(a)* | 175000 | 172188 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 08/14/30 *(a)* | 250000 | 225222 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 09/18/31 *(a)* | 150000 | 146078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 09/18/34 *(a)* | 350000 | 331621 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 09/21/42  | 100000 | 79975 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 05/06/44  | 350000 | 304790 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/20/45 *(a)* | 225000 | 182812 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 09/18/54 *(a)* | 125000 | 108876 |
| **NY Society for Relief of Ruptured & Crippled Maintaining Hosp Special Surgery** | **NY Society for Relief of Ruptured & Crippled Maintaining Hosp Special Surgery** | **NY Society for Relief of Ruptured & Crippled Maintaining Hosp Special Surgery** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2020<br> 2.67%, 10/01/50 *(a)*<br>| 50000 | 29289 |
| **NYU Langone Hospitals** | **NYU Langone Hospitals** | **NYU Langone Hospitals** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.78%, 07/01/44  | 100000 | 89562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.37%, 07/01/47 *(a)* | 100000 | 83212 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 07/01/55 *(a)(c)* | 150000 | 98795 |
| **Ochsner LSU Health System of North Louisiana** | **Ochsner LSU Health System of North Louisiana** | **Ochsner LSU Health System of North Louisiana** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.51%, 05/15/31 *(a)* | 50000 | 40241 |
| **OhioHealth Corp.** | **OhioHealth Corp.** | **OhioHealth Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 11/15/31 *(a)* | 150000 | 130854 |
| **Orlando Health Obligated Group** | **Orlando Health Obligated Group** | **Orlando Health Obligated Group** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.48%, 10/01/35 *(a)* | 100000 | 101440 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.09%, 10/01/48 *(a)* | 50000 | 38745 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.33%, 10/01/50 *(a)* | 100000 | 66619 |
| **PeaceHealth Obligated Group** | **PeaceHealth Obligated Group** | **PeaceHealth Obligated Group** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.79%, 11/15/48 *(a)* | 75000 | 61021 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.22%, 11/15/50 *(a)* | 100000 | 60178 |
| **Pepsico Singapore Financing I Pte. Ltd.** | **Pepsico Singapore Financing I Pte. Ltd.** | **Pepsico Singapore Financing I Pte. Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 02/16/27 *(a)* | 100000 | 100788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 02/16/34 *(a)* | 100000 | 98318 |
| **PepsiCo, Inc.** | **PepsiCo, Inc.** | **PepsiCo, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 10/06/26 *(a)* | 250000 | 244195 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 11/10/26 *(a)* | 150000 | 151984 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 03/19/27 *(a)* | 150000 | 146190 |

---

**43**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 10/15/27 *(a)* | 250000 | 243570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 02/07/28 *(a)* | 150000 | 151390 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 02/18/28 *(a)* | 150000 | 148224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 03/01/29  | 150000 | 164239 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/17/29 *(a)* | 150000 | 151527 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 07/29/29 *(a)* | 250000 | 234665 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 02/07/30 *(a)* | 200000 | 202106 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 03/19/30 *(a)* | 350000 | 326151 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 05/01/30 *(a)* | 200000 | 175698 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.40%, 02/25/31 *(a)* | 200000 | 169708 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 10/21/31 *(a)* | 250000 | 214415 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 07/18/32 *(a)* | 200000 | 190856 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 02/15/33 *(a)* | 150000 | 149134 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 07/17/34 *(a)* | 100000 | 99320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/07/35 *(a)* | 225000 | 224941 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/15/40  | 150000 | 152875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/19/40 *(a)* | 50000 | 40553 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 11/01/40  | 75000 | 71150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 10/21/41 *(a)* | 150000 | 103604 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/05/42  | 100000 | 83031 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 08/13/42  | 75000 | 58607 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 04/14/46 *(a)* | 200000 | 172388 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 10/06/46 *(a)* | 150000 | 109415 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/02/47 *(a)* | 100000 | 79509 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 07/29/49 *(a)* | 75000 | 52743 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 10/15/49 *(a)* | 150000 | 96113 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 03/19/50 *(a)* | 200000 | 146988 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 10/21/51 *(a)* | 150000 | 91523 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 07/18/52 *(a)* | 100000 | 79712 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 02/15/53 *(a)* | 100000 | 86153 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/17/54 *(a)* | 100000 | 94944 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 03/19/60 *(a)* | 100000 | 72894 |
| **Pfizer Investment Enterprises Pte. Ltd.** | **Pfizer Investment Enterprises Pte. Ltd.** | **Pfizer Investment Enterprises Pte. Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 05/19/28 *(a)* | 700000 | 703920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 05/19/30 *(a)* | 300000 | 302052 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 05/19/33 *(a)* | 950000 | 934743 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.11%, 05/19/43 *(a)* | 575000 | 536670 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 05/19/53 *(a)* | 1125000 | 1032052 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.34%, 05/19/63 *(a)* | 750000 | 676050 |
| **Pfizer, Inc.** | **Pfizer, Inc.** | **Pfizer, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 06/03/26  | 250000 | 246185 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 12/15/26  | 350000 | 344536 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 09/15/28 *(a)* | 200000 | 196890 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 03/15/29 *(a)* | 300000 | 291765 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 04/01/30 *(a)* | 200000 | 184392 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 05/28/30 *(a)* | 200000 | 175390 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 08/18/31 *(a)* | 200000 | 170926 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/15/36  | 150000 | 135534 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 09/15/38 *(a)* | 150000 | 131727 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 03/15/39 *(a)* | 125000 | 106378 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.20%, 03/15/39  | 460000 | 536944 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 05/28/40 *(a)* | 200000 | 139604 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 09/15/40  | 125000 | 125425 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 06/15/43  | 100000 | 84303 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 05/15/44  | 180000 | 153743 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 12/15/46  | 200000 | 159870 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 09/15/48 *(a)* | 200000 | 160422 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/15/49 *(a)* | 250000 | 192227 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 05/28/50 *(a)* | 200000 | 120398 |
| **Pharmacia LLC** | **Pharmacia LLC** | **Pharmacia LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.60%, 12/01/28  | 150000 | 160542 |
| **Philip Morris International, Inc.** | **Philip Morris International, Inc.** | **Philip Morris International, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/12/27  | 200000 | 201538 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 11/01/27  | 150000 | 150057 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 11/17/27 *(a)* | 300000 | 305379 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 02/15/28 *(a)* | 275000 | 278850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 03/02/28 *(a)* | 100000 | 97136 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 04/28/28  | 200000 | 198798 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 09/07/28 *(a)* | 150000 | 153910 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 02/13/29 *(a)* | 200000 | 202550 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 08/15/29 *(a)* | 150000 | 143850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 11/01/29 *(a)* | 125000 | 125474 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 11/17/29 *(a)* | 250000 | 261027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 02/15/30 *(a)* | 375000 | 383194 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 04/30/30 *(a)* | 200000 | 197804 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 05/01/30 *(a)* | 150000 | 133506 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 09/07/30 *(a)* | 125000 | 129754 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 11/01/30 *(a)* | 150000 | 129317 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 02/13/31 *(a)* | 200000 | 203462 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 11/01/31 *(a)* | 125000 | 124746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 11/17/32 *(a)* | 300000 | 314193 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 02/15/33 *(a)* | 400000 | 408324 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 09/07/33 *(a)* | 150000 | 155200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 02/13/34 *(a)* | 300000 | 301923 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 11/01/34 *(a)* | 125000 | 122505 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 05/16/38  | 250000 | 271727 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 11/15/41  | 200000 | 170618 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/20/42  | 100000 | 86117 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 08/21/42  | 100000 | 79392 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/04/43  | 175000 | 142634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 11/15/43  | 175000 | 156551 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 11/10/44  | 200000 | 165512 |
| **Piedmont Healthcare, Inc.** | **Piedmont Healthcare, Inc.** | **Piedmont Healthcare, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.72%, 01/01/42 *(a)* | 200000 | 135406 |
| **Pilgrim's Pride Corp.** | **Pilgrim's Pride Corp.** | **Pilgrim's Pride Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 04/15/31 *(a)* | 200000 | 189810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/01/32 *(a)* | 150000 | 133073 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 07/01/33 *(a)* | 150000 | 155880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 05/15/34 *(a)* | 100000 | 107881 |
| **Polaris, Inc.** | **Polaris, Inc.** | **Polaris, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 03/15/29 *(a)* | 100000 | 103827 |
| **Procter & Gamble Co.** | **Procter & Gamble Co.** | **Procter & Gamble Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 11/03/26  | 241000 | 235908 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 02/01/27  | 200000 | 193316 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 03/25/27  | 100000 | 97863 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 08/11/27  | 150000 | 146292 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 01/26/28  | 100000 | 100314 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 01/29/29  | 100000 | 101088 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 03/25/30  | 300000 | 284712 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.20%, 10/29/30  | 150000 | 128309 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 04/23/31  | 150000 | 131880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 02/01/32  | 200000 | 177546 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 01/26/33  | 150000 | 146396 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 01/29/34  | 150000 | 148702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 08/15/34  | 100000 | 107321 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 05/01/35  | 250000 | 247807 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 03/05/37  | 150000 | 159774 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 03/25/40  | 100000 | 83583 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 10/25/47  | 100000 | 74837 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 03/25/50  | 100000 | 75170 |
| **Providence St. Joseph Health Obligated Group** | **Providence St. Joseph Health Obligated Group** | **Providence St. Joseph Health Obligated Group** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.53%, 10/01/29 *(a)* | 200000 | 183478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 10/01/33 *(a)* | 100000 | 100226 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.93%, 10/01/48 *(a)* | 100000 | 73258 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 10/01/51 *(a)* | 150000 | 81362 |
| **Quest Diagnostics, Inc.** | **Quest Diagnostics, Inc.** | **Quest Diagnostics, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 12/15/27 *(a)* | 150000 | 150759 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 06/30/29 *(a)* | 100000 | 98828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 12/15/29 *(a)* | 100000 | 100187 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 06/30/30 *(a)* | 150000 | 138441 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 06/30/31 *(a)* | 200000 | 179124 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 11/30/33 *(a)* | 125000 | 135046 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/15/34 *(a)* | 150000 | 147329 |

---

**44**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Regeneron Pharmaceuticals, Inc.** | **Regeneron Pharmaceuticals, Inc.** | **Regeneron Pharmaceuticals, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 09/15/30 *(a)* | 250000 | 214287 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 09/15/50 *(a)* | 150000 | 86084 |
| **Revvity, Inc.** | **Revvity, Inc.** | **Revvity, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 09/15/28 *(a)* | 100000 | 91691 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 09/15/29 *(a)* | 150000 | 141072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 03/15/31 *(a)* | 100000 | 86635 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 09/15/31 *(a)* | 150000 | 126216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 03/15/51 *(a)* | 50000 | 33045 |
| **Reynolds American, Inc.** | **Reynolds American, Inc.** | **Reynolds American, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 08/15/35 *(a)* | 150000 | 150361 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 06/15/37  | 75000 | 82520 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 09/15/43  | 100000 | 99058 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 08/15/45 *(a)* | 425000 | 400715 |
| **Royalty Pharma PLC** | **Royalty Pharma PLC** | **Royalty Pharma PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 09/02/27 *(a)* | 200000 | 188256 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 09/02/29 *(a)* | 75000 | 75873 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 09/02/30 *(a)* | 200000 | 174470 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 09/02/31 *(a)* | 150000 | 126854 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 09/02/34 *(a)* | 75000 | 74741 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 09/02/40 *(a)* | 200000 | 145834 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 09/02/50 *(a)* | 150000 | 97707 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 09/02/51 *(a)* | 150000 | 93425 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 09/02/54 *(a)* | 75000 | 70583 |
| **Rush Obligated Group** | **Rush Obligated Group** | **Rush Obligated Group** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.92%, 11/15/29 *(a)* | 100000 | 97429 |
| **Sanofi SA** | **Sanofi SA** | **Sanofi SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 06/19/28 *(a)* | 250000 | 246260 |
| **Sentara Health** | **Sentara Health** | **Sentara Health** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.93%, 11/01/51 *(a)* | 75000 | 46199 |
| **Sharp HealthCare** | **Sharp HealthCare** | **Sharp HealthCare** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.68%, 08/01/50 *(a)* | 50000 | 29601 |
| **Shire Acquisitions Investments Ireland DAC** | **Shire Acquisitions Investments Ireland DAC** | **Shire Acquisitions Investments Ireland DAC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 09/23/26 *(a)* | 285000 | 280622 |
| **Smith & Nephew PLC** | **Smith & Nephew PLC** | **Smith & Nephew PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.03%, 10/14/30 *(a)* | 250000 | 217015 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 03/20/34 *(a)* | 150000 | 149602 |
| **Solventum Corp.** | **Solventum Corp.** | **Solventum Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 02/25/27 *(a)* | 200000 | 202546 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 03/01/29 *(a)* | 250000 | 255202 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/13/31 *(a)* | 200000 | 204832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 03/23/34 *(a)* | 275000 | 277401 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 04/30/54 *(a)* | 250000 | 240102 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 05/15/64 *(a)* | 100000 | 95647 |
| **SSM Health Care Corp.** | **SSM Health Care Corp.** | **SSM Health Care Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.89%, 06/01/28 *(a)* | 100000 | 101044 |
| **Stanford Health Care** | **Stanford Health Care** | **Stanford Health Care** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.31%, 08/15/30 *(a)* | 100000 | 94389 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 11/15/48 *(a)* | 150000 | 110774 |
| **STERIS Irish FinCo UnLtd Co.** | **STERIS Irish FinCo UnLtd Co.** | **STERIS Irish FinCo UnLtd Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 03/15/31 *(a)* | 150000 | 133046 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 03/15/51 *(a)* | 150000 | 104148 |
| **Stryker Corp.** | **Stryker Corp.** | **Stryker Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 02/10/28 *(a)* | 150000 | 151410 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 03/07/28 *(a)* | 150000 | 147146 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 12/08/28 *(a)* | 175000 | 177536 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 09/11/29 *(a)* | 125000 | 124073 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 02/10/30 *(a)* | 150000 | 151638 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 06/15/30 *(a)* | 200000 | 176436 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 09/11/34 *(a)* | 150000 | 145322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 02/10/35 *(a)* | 150000 | 150238 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 04/01/43 *(a)* | 75000 | 60801 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 05/15/44 *(a)* | 100000 | 83324 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 03/15/46 *(a)* | 175000 | 150621 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 06/15/50 *(a)* | 150000 | 95451 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Sutter Health** | **Sutter Health** | **Sutter Health** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.29%, 08/15/30 *(a)* | 100000 | 89025 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.21%, 08/15/32 *(a)* | 100000 | 101437 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.16%, 08/15/33 *(a)* | 75000 | 75168 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.54%, 08/15/35 *(a)* | 200000 | 203033 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.16%, 08/15/40 *(a)* | 100000 | 75955 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.09%, 08/15/48 *(a)* | 65000 | 50582 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.36%, 08/15/50 *(a)* | 75000 | 50408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 08/15/53 *(a)* | 100000 | 96128 |
| **Sysco Corp.** | **Sysco Corp.** | **Sysco Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 07/15/26 *(a)* | 150000 | 148039 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 07/15/27 *(a)* | 150000 | 146394 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 01/17/29 *(a)* | 75000 | 78000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 02/15/30 *(a)* | 100000 | 90352 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 04/01/30 *(a)* | 200000 | 210480 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 09/23/30 *(a)* | 125000 | 126854 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 12/14/31 *(a)* | 150000 | 129618 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 01/17/34 *(a)* | 100000 | 105677 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 03/23/35 *(a)* | 100000 | 100057 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.60%, 04/01/40 *(a)* | 75000 | 80144 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 10/01/45 *(a)* | 100000 | 86496 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/01/46 *(a)* | 75000 | 60941 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 03/15/48 *(a)* | 100000 | 80768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 02/15/50 *(a)* | 100000 | 64863 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.60%, 04/01/50 *(a)* | 250000 | 264337 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 12/14/51 *(a)* | 150000 | 92993 |
| **Takeda Pharmaceutical Co. Ltd.** | **Takeda Pharmaceutical Co. Ltd.** | **Takeda Pharmaceutical Co. Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/26/28 *(a)* | 250000 | 253377 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 03/31/30 *(a)* | 500000 | 443215 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 07/05/34 *(a)* | 200000 | 200180 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.03%, 07/09/40 *(a)* | 200000 | 145928 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.18%, 07/09/50 *(a)* | 250000 | 158695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 07/05/54 *(a)* | 200000 | 189610 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 07/09/60 *(a)* | 200000 | 123166 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 07/05/64 *(a)* | 200000 | 188824 |
| **Texas Health Resources** | **Texas Health Resources** | **Texas Health Resources** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.33%, 11/15/50 *(a)* | 200000 | 108924 |
| **Thermo Fisher Scientific, Inc.** | **Thermo Fisher Scientific, Inc.** | **Thermo Fisher Scientific, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 08/10/26 *(a)* | 100000 | 100635 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/05/26 *(a)* | 100000 | 100940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 11/21/27 *(a)* | 100000 | 101486 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 10/15/28 *(a)* | 100000 | 92030 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/31/29 *(a)* | 200000 | 204590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 10/01/29 *(a)* | 150000 | 139533 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.98%, 08/10/30 *(a)* | 150000 | 153331 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 10/15/31 *(a)* | 250000 | 215070 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 11/21/32 *(a)* | 150000 | 151284 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.09%, 08/10/33 *(a)* | 200000 | 201816 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 01/31/34 *(a)* | 100000 | 101276 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 10/15/41 *(a)* | 250000 | 174622 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 08/10/43 *(a)* | 100000 | 96827 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 02/01/44 *(a)* | 45000 | 42712 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 08/15/47 *(a)* | 200000 | 159132 |
| **Trinity Health Corp.** | **Trinity Health Corp.** | **Trinity Health Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 12/01/45  | 100000 | 80006 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.43%, 12/01/48  | 75000 | 54563 |
| **Tyson Foods, Inc.** | **Tyson Foods, Inc.** | **Tyson Foods, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 06/02/27 *(a)* | 250000 | 245557 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 03/01/29 *(a)* | 150000 | 148384 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 03/15/29 *(a)* | 100000 | 102687 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 03/15/34 *(a)* | 175000 | 178465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 08/15/34 *(a)* | 50000 | 47859 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 08/15/44 *(a)* | 150000 | 134115 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 06/02/47 *(a)* | 100000 | 81232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 09/28/48 *(a)* | 300000 | 262617 |

---

**45**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Unilever Capital Corp.** | **Unilever Capital Corp.** | **Unilever Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 07/28/26  | 250000 | 244010 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 05/05/27 *(a)* | 250000 | 244515 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 08/12/27 *(a)* | 150000 | 150525 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/22/28 *(a)* | 150000 | 147521 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 09/08/28 *(a)* | 150000 | 153382 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 09/06/29 *(a)* | 150000 | 137433 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 09/14/30 *(a)* | 100000 | 86052 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 08/12/31 *(a)* | 150000 | 128639 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 11/15/32  | 100000 | 108105 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/08/33 *(a)* | 150000 | 152472 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 08/12/34 *(a)* | 150000 | 147267 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 08/12/51 *(a)* | 100000 | 59512 |
| **Universal Health Services, Inc.** | **Universal Health Services, Inc.** | **Universal Health Services, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 09/01/26 *(a)* | 150000 | 144179 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 10/15/29 *(a)* | 100000 | 98027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 10/15/30 *(a)* | 225000 | 197748 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 10/15/34 *(a)* | 100000 | 93960 |
| **UPMC** | **UPMC** | **UPMC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.04%, 05/15/33 *(a)* | 150000 | 147738 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 05/15/43 *(a)* | 100000 | 93780 |
| **Utah Acquisition Sub, Inc.** | **Utah Acquisition Sub, Inc.** | **Utah Acquisition Sub, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 06/15/26 *(a)* | 300000 | 296133 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/15/46 *(a)* | 200000 | 154690 |
| **Viatris, Inc.** | **Viatris, Inc.** | **Viatris, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 06/22/27 *(a)* | 100000 | 94802 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 06/22/30 *(a)* | 300000 | 262419 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 06/22/40 *(a)* | 250000 | 177835 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/22/50 *(a)* | 400000 | 256456 |
| **West Virginia United Health System Obligated Group** | **West Virginia United Health System Obligated Group** | **West Virginia United Health System Obligated Group** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 06/01/50 *(a)* | 100000 | 61060 |
| **Willis-Knighton Medical Center** | **Willis-Knighton Medical Center** | **Willis-Knighton Medical Center** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.07%, 03/01/51 *(a)* | 150000 | 89882 |
| **Wyeth LLC** | **Wyeth LLC** | **Wyeth LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 02/01/34  | 150000 | 164856 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 02/15/36  | 100000 | 105997 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 04/01/37  | 375000 | 393562 |
| **Yale-New Haven Health Services Corp.** | **Yale-New Haven Health Services Corp.** | **Yale-New Haven Health Services Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 07/01/50 *(a)* | 100000 | 56706 |
| **Zimmer Biomet Holdings, Inc.** | **Zimmer Biomet Holdings, Inc.** | **Zimmer Biomet Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 02/19/27  | 100000 | 100205 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 12/01/28 *(a)* | 100000 | 102632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 02/19/30 *(a)* | 100000 | 101560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 11/24/31 *(a)* | 150000 | 130946 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 09/15/34 *(a)* | 100000 | 98791 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 02/19/35 *(a)* | 100000 | 100980 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 11/30/39  | 75000 | 74024 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 08/15/45 *(a)* | 75000 | 60370 |
| **Zoetis, Inc.** | **Zoetis, Inc.** | **Zoetis, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 09/12/27 *(a)* | 100000 | 97233 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 08/20/28 *(a)* | 100000 | 98839 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 05/15/30 *(a)* | 150000 | 133251 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 11/16/32 *(a)* | 150000 | 156522 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 02/01/43 *(a)* | 195000 | 173667 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 09/12/47 *(a)* | 100000 | 77507 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 08/20/48 *(a)* | 100000 | 82104 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/15/50 *(a)* | 100000 | 63075 |
|  |  | **191601116** |
| ***Energy 1.6%***  | ***Energy 1.6%***  | ***Energy 1.6%***  |
| **APA Corp.** | **APA Corp.** | **APA Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 01/15/30 *(a)(d)* | 100000 | 93702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 02/15/35 *(a)(d)* | 50000 | 47177 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 09/01/40 *(a)(d)* | 125000 | 101970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 07/01/49 *(a)(d)* | 25000 | 19084 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 02/15/55 *(a)(d)* | 100000 | 90492 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Baker Hughes Holdings LLC** | **Baker Hughes Holdings LLC** | **Baker Hughes Holdings LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 09/15/40  | 200000 | 187954 |
| **Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc.** | **Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc.** | **Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.06%, 12/15/26 *(a)* | 100000 | 96554 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.34%, 12/15/27 *(a)* | 200000 | 195668 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.14%, 11/07/29 *(a)* | 100000 | 94287 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.49%, 05/01/30 *(a)* | 150000 | 148514 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.08%, 12/15/47 *(a)* | 250000 | 188455 |
| **Boardwalk Pipelines LP** | **Boardwalk Pipelines LP** | **Boardwalk Pipelines LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 06/01/26 *(a)* | 100000 | 100834 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 07/15/27 *(a)* | 100000 | 99708 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 05/03/29 *(a)* | 100000 | 100384 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 02/15/31 *(a)* | 100000 | 91471 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 09/01/32 *(a)* | 100000 | 88939 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 08/01/34 *(a)* | 100000 | 99067 |
| **BP Capital Markets America, Inc.** | **BP Capital Markets America, Inc.** | **BP Capital Markets America, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.02%, 01/16/27 *(a)* | 100000 | 98002 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.54%, 04/06/27 *(a)* | 100000 | 98741 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.59%, 04/14/27 *(a)* | 100000 | 98762 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.02%, 11/17/27 *(a)* | 150000 | 152362 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.94%, 09/21/28 *(a)* | 150000 | 147837 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.23%, 11/06/28 *(a)* | 350000 | 348253 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 04/10/29 *(a)* | 200000 | 202012 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.97%, 10/17/29 *(a)* | 150000 | 153012 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.87%, 11/25/29 *(a)* | 100000 | 101429 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 04/06/30 *(a)* | 300000 | 288402 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 08/10/30 *(a)* | 200000 | 173746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.72%, 01/12/32 *(a)* | 350000 | 307986 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.81%, 02/13/33 *(a)* | 400000 | 393224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.89%, 09/11/33 *(a)* | 350000 | 344291 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.99%, 04/10/34 *(a)* | 250000 | 247035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.23%, 11/17/34 *(a)* | 425000 | 424345 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.06%, 06/17/41 *(a)* | 300000 | 216075 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 02/24/50 *(a)* | 400000 | 250996 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.77%, 11/10/50 *(a)* | 250000 | 148638 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.94%, 06/04/51 *(a)* | 400000 | 244284 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 03/17/52 *(a)* | 250000 | 152865 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 02/08/61 *(a)* | 300000 | 186732 |
| **BP Capital Markets PLC** | **BP Capital Markets PLC** | **BP Capital Markets PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.28%, 09/19/27 *(a)* | 275000 | 268829 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.72%, 11/28/28 *(a)* | 150000 | 146682 |
| **Burlington Resources LLC** | **Burlington Resources LLC** | **Burlington Resources LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 10/15/36  | 75000 | 77378 |
| **Canadian Natural Resources Ltd.** | **Canadian Natural Resources Ltd.** | **Canadian Natural Resources Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 06/01/27 *(a)* | 250000 | 246512 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 07/15/30 *(a)* | 100000 | 90682 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.20%, 01/15/32  | 75000 | 81478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.45%, 06/30/33  | 195000 | 204859 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 12/15/34 *(a)(d)* | 150000 | 145991 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 02/01/35  | 100000 | 99576 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 03/15/38  | 180000 | 181091 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 02/01/39  | 150000 | 156450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 06/01/47 *(a)* | 100000 | 81680 |
| **Cenovus Energy, Inc.** | **Cenovus Energy, Inc.** | **Cenovus Energy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 01/15/32 *(a)* | 100000 | 84876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/15/37 *(a)* | 76000 | 70587 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 11/15/39  | 100000 | 105437 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 06/15/47 *(a)* | 100000 | 86221 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 02/15/52 *(a)* | 150000 | 98036 |
| **Cheniere Corpus Christi Holdings LLC** | **Cheniere Corpus Christi Holdings LLC** | **Cheniere Corpus Christi Holdings LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 06/30/27 *(a)* | 275000 | 277225 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 11/15/29 *(a)* | 200000 | 191774 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.74%, 12/31/39 *(a)* | 100000 | 79750 |
| **Cheniere Energy Partners LP** | **Cheniere Energy Partners LP** | **Cheniere Energy Partners LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 10/01/29 *(a)* | 250000 | 245142 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/01/31 *(a)* | 250000 | 234065 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 01/31/32 *(a)* | 150000 | 131691 |

---

**46**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 06/30/33 *(a)* | 300000 | 307032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 08/15/34 *(a)* | 200000 | 201200 |
| **Cheniere Energy, Inc.** | **Cheniere Energy, Inc.** | **Cheniere Energy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 10/15/28 *(a)* | 300000 | 297225 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 04/15/34 *(a)* | 300000 | 299838 |
| **Chevron Corp.** | **Chevron Corp.** | **Chevron Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 05/11/27 *(a)* | 200000 | 192526 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.24%, 05/11/30 *(a)* | 250000 | 226135 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.08%, 05/11/50 *(a)* | 150000 | 97970 |
| **Chevron USA, Inc.** | **Chevron USA, Inc.** | **Chevron USA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.41%, 02/26/27  | 150000 | 151003 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.02%, 08/12/27 *(a)* | 150000 | 140378 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 01/15/28 *(a)* | 100000 | 99447 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.48%, 02/26/28 *(a)* | 175000 | 176706 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 10/15/29 *(a)* | 100000 | 95993 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.69%, 04/15/30 *(a)* | 200000 | 202618 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.82%, 04/15/32 *(a)* | 125000 | 126275 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.98%, 04/15/35 *(a)* | 125000 | 125063 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 03/01/41 *(a)* | 50000 | 52075 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 11/15/43 *(a)* | 100000 | 95490 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.34%, 08/12/50 *(a)* | 150000 | 83253 |
| **Columbia Pipeline Group, Inc.** | **Columbia Pipeline Group, Inc.** | **Columbia Pipeline Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 06/01/45 *(a)* | 100000 | 95619 |
| **ConocoPhillips** | **ConocoPhillips** | **ConocoPhillips** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 10/15/32  | 100000 | 106407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 05/15/38  | 125000 | 128594 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 02/01/39  | 300000 | 326634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 10/01/47 *(a)* | 100000 | 86291 |
| **ConocoPhillips Co.** | **ConocoPhillips Co.** | **ConocoPhillips Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 04/15/29  | 150000 | 162798 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 01/15/30 *(a)* | 250000 | 251345 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 01/15/32 *(a)* | 100000 | 99931 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 09/15/33 *(a)* | 150000 | 150151 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/15/35 *(a)* | 250000 | 244630 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.76%, 03/15/42 *(a)* | 150000 | 116955 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 11/15/44 *(a)* | 150000 | 121158 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 03/15/52 *(a)* | 200000 | 140408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 05/15/53 *(a)* | 150000 | 134238 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 03/15/54 *(a)* | 200000 | 185798 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/15/55 *(a)* | 265000 | 244603 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.03%, 03/15/62 *(a)* | 307000 | 213442 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 09/15/63 *(a)* | 150000 | 138318 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 01/15/65 *(a)* | 150000 | 138479 |
| **Continental Resources, Inc.** | **Continental Resources, Inc.** | **Continental Resources, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 01/15/28 *(a)* | 250000 | 244790 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 06/01/44 *(a)* | 100000 | 76896 |
| **Coterra Energy, Inc.** | **Coterra Energy, Inc.** | **Coterra Energy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 05/15/27 *(a)* | 150000 | 147806 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/15/29 *(a)* | 100000 | 98509 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 03/15/34 *(a)* | 75000 | 74385 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 02/15/35 *(a)* | 150000 | 145674 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 02/15/55 *(a)* | 150000 | 135291 |
| **DCP Midstream Operating LP** | **DCP Midstream Operating LP** | **DCP Midstream Operating LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 05/15/29 *(a)* | 200000 | 201890 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 02/15/32 *(a)* | 200000 | 173158 |
| **Devon Energy Corp.** | **Devon Energy Corp.** | **Devon Energy Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 10/15/27 *(a)* | 130000 | 130014 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 06/15/28 *(a)(d)* | 30000 | 30056 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/15/30 *(a)* | 130000 | 126702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%, 09/30/31  | 100000 | 113463 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.95%, 04/15/32  | 100000 | 113212 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 09/15/34 *(a)* | 200000 | 189656 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 07/15/41 *(a)* | 150000 | 134684 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 05/15/42 *(a)* | 100000 | 80750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/45 *(a)* | 175000 | 141712 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 09/15/54 *(a)* | 200000 | 174382 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Diamondback Energy, Inc.** | **Diamondback Energy, Inc.** | **Diamondback Energy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 12/01/26 *(a)* | 200000 | 196266 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 04/18/27 *(a)* | 150000 | 151515 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 12/01/29 *(a)* | 150000 | 142037 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 01/30/30 *(a)* | 150000 | 151894 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 03/24/31 *(a)* | 150000 | 135629 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 03/15/33 *(a)* | 200000 | 208870 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 04/18/34 *(a)* | 200000 | 196618 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 04/01/35 *(a)* | 200000 | 197646 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 03/24/51 *(a)* | 100000 | 74980 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/15/52 *(a)* | 150000 | 109805 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 03/15/53 *(a)* | 100000 | 95695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 04/18/54 *(a)* | 350000 | 314163 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 04/18/64 *(a)* | 225000 | 201458 |
| **Eastern Energy Gas Holdings LLC** | **Eastern Energy Gas Holdings LLC** | **Eastern Energy Gas Holdings LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 01/15/35 *(a)* | 100000 | 102200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 10/15/54 *(a)* | 150000 | 139479 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 01/15/55 *(a)* | 100000 | 100266 |
| **Eastern Gas Transmission & Storage, Inc.** | **Eastern Gas Transmission & Storage, Inc.** | **Eastern Gas Transmission & Storage, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 11/15/29 *(a)* | 100000 | 93577 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 11/01/43 *(a)(d)* | 100000 | 85707 |
| **Enbridge Energy Partners LP** | **Enbridge Energy Partners LP** | **Enbridge Energy Partners LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 04/15/38  | 100000 | 113171 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 09/15/40 *(a)* | 80000 | 74984 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.38%, 10/15/45 *(a)* | 100000 | 111259 |
| **Enbridge, Inc.** | **Enbridge, Inc.** | **Enbridge, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.60%, 10/04/26 *(a)* | 100000 | 96182 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 11/15/26 *(a)* | 150000 | 152527 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/01/26 *(a)* | 150000 | 149357 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 04/05/27 *(a)* | 125000 | 126505 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 07/15/27 *(a)* | 150000 | 147635 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 11/15/28 *(a)* | 150000 | 156787 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 04/05/29 *(a)* | 150000 | 153379 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 11/15/29 *(a)* | 175000 | 163613 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 11/15/30 *(a)* | 150000 | 159001 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 03/08/33 *(a)* | 400000 | 408200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 08/01/33 *(a)* | 200000 | 162904 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 04/05/34 *(a)* | 200000 | 201998 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 06/10/44 *(a)* | 100000 | 80322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 12/01/46 *(a)* | 100000 | 92544 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/15/49 *(a)* | 100000 | 72480 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 08/01/51 *(a)* | 150000 | 95888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.70%, 11/15/53 *(a)* | 250000 | 262602 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 04/05/54 *(a)* | 175000 | 168044 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.20%, 06/27/54 *(a)(b)* | 125000 | 126178 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.38%, 03/15/55 *(a)(b)* | 100000 | 101980 |
| **Energy Transfer LP** | **Energy Transfer LP** | **Energy Transfer LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 07/15/26 *(a)* | 100000 | 99182 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 12/01/26 *(a)* | 150000 | 152917 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 03/15/27 *(a)* | 150000 | 149518 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 04/15/27 *(a)* | 100000 | 99346 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/01/27 *(a)* | 150000 | 152205 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 10/01/27 *(a)* | 200000 | 197484 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 02/15/28 *(a)* | 150000 | 153660 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 05/15/28 *(a)* | 150000 | 151384 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 06/15/28 *(a)* | 150000 | 151053 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 12/01/28 *(a)* | 150000 | 156715 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 04/15/29 *(a)* | 300000 | 304872 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/29 *(a)* | 200000 | 203410 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 09/15/29 *(a)* | 100000 | 97517 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 04/01/30 *(a)* | 125000 | 126338 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 05/15/30 *(a)* | 300000 | 284013 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 12/01/30 *(a)* | 200000 | 212894 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 02/15/33 *(a)* | 250000 | 255100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55%, 12/01/33 *(a)* | 250000 | 265815 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 05/15/34 *(a)* | 200000 | 198780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 09/01/34 *(a)* | 225000 | 224041 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/15/35 *(a)* | 80000 | 74998 |

---

**47**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 04/01/35 *(a)* | 200000 | 199842 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 10/15/36  | 100000 | 105494 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 06/15/38 *(a)* | 150000 | 147050 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 07/01/38  | 150000 | 168252 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 06/01/41 *(a)* | 100000 | 97087 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 02/01/42 *(a)* | 150000 | 150744 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 02/15/42  | 100000 | 96495 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 01/15/43 *(a)* | 100000 | 83869 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 02/01/43 *(a)* | 100000 | 85870 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 10/01/43 *(a)* | 100000 | 94090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 04/01/44 *(a)* | 100000 | 86862 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/44 *(a)* | 75000 | 63045 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 03/15/45 *(a)* | 200000 | 170390 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 05/15/45 *(a)* | 175000 | 153167 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 12/15/45 *(a)* | 165000 | 157248 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 04/15/47 *(a)* | 200000 | 170402 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 10/01/47 *(a)* | 200000 | 172644 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 06/15/48 *(a)* | 200000 | 186208 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 04/15/49 *(a)* | 300000 | 286563 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/50 *(a)* | 350000 | 283136 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 05/15/54 *(a)* | 300000 | 273906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 09/01/54 *(a)* | 225000 | 208204 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 04/01/55 *(a)* | 200000 | 189096 |
| **Eni USA, Inc.** | **Eni USA, Inc.** | **Eni USA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.30%, 11/15/27  | 100000 | 105999 |
| **Enterprise Products Operating LLC** | **Enterprise Products Operating LLC** | **Enterprise Products Operating LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 01/11/27 *(a)* | 200000 | 200992 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 02/15/27 *(a)* | 150000 | 149126 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 10/16/28 *(a)* | 150000 | 149036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 07/31/29 *(a)* | 300000 | 284859 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 01/31/30 *(a)* | 250000 | 232357 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 01/31/33 *(a)* | 200000 | 204036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 03/01/33  | 50000 | 55300 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 01/31/34 *(a)* | 150000 | 147245 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.65%, 10/15/34  | 75000 | 81692 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 02/15/35 *(a)* | 200000 | 195676 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.55%, 04/15/38  | 100000 | 117368 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 10/15/39  | 150000 | 156453 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.45%, 09/01/40  | 100000 | 107696 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 02/01/41  | 100000 | 100944 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 02/15/42  | 100000 | 97731 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 08/15/42 *(a)* | 100000 | 88959 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 02/15/43 *(a)* | 200000 | 168460 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 03/15/44 *(a)* | 225000 | 197944 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 02/15/45 *(a)* | 200000 | 180664 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 05/15/46 *(a)* | 200000 | 175036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 02/15/48 *(a)* | 250000 | 196487 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 02/01/49 *(a)* | 250000 | 211395 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 01/31/50 *(a)* | 250000 | 191765 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 01/31/51 *(a)* | 200000 | 140044 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 02/15/52 *(a)* | 200000 | 126688 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 02/15/53 *(a)* | 100000 | 63972 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 10/15/54 *(a)* | 125000 | 105150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 02/16/55 *(a)* | 250000 | 233822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 01/31/60 *(a)* | 150000 | 105143 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 08/16/77 *(a)(b)* | 175000 | 172655 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 02/15/78 *(a)(b)* | 100000 | 97499 |
| **EOG Resources, Inc.** | **EOG Resources, Inc.** | **EOG Resources, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 04/15/30 *(a)* | 100000 | 99189 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 04/01/35 *(a)* | 74000 | 66946 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 04/15/50 *(a)* | 150000 | 129899 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 12/01/54 *(a)* | 175000 | 165970 |
| **EQT Corp.** | **EQT Corp.** | **EQT Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 10/01/27 *(a)* | 250000 | 245852 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 04/01/28 *(a)* | 100000 | 102273 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/15/29 *(a)(d)* | 100000 | 97813 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/15/29 *(a)* | 100000 | 100129 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 04/01/29 *(a)(d)* | 100000 | 102357 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 02/01/30 *(a)(g)* | 50000 | 53589 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 06/01/30 *(a)(d)* | 100000 | 108709 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 01/15/31 *(a)(d)* | 200000 | 193620 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 02/01/34 *(a)* | 150000 | 151161 |
| **Expand Energy Corp.** | **Expand Energy Corp.** | **Expand Energy Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 02/01/29 *(a)* | 125000 | 124941 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 03/15/30 *(a)* | 200000 | 199064 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/01/32 *(a)* | 200000 | 188834 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 01/15/35 *(a)* | 150000 | 148461 |
| **Exxon Mobil Corp.** | **Exxon Mobil Corp.** | **Exxon Mobil Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.28%, 08/16/26 *(a)* | 150000 | 146786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.29%, 03/19/27 *(a)* | 250000 | 247097 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.44%, 08/16/29 *(a)* | 200000 | 187106 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.48%, 03/19/30 *(a)* | 400000 | 386808 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.61%, 10/15/30 *(a)* | 350000 | 320981 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 08/16/39 *(a)* | 150000 | 114947 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.23%, 03/19/40 *(a)* | 350000 | 307020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.57%, 03/06/45 *(a)* | 230000 | 172160 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.11%, 03/01/46 *(a)* | 475000 | 380708 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 08/16/49 *(a)* | 300000 | 195393 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.33%, 03/19/50 *(a)* | 500000 | 405335 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 04/15/51 *(a)* | 450000 | 310513 |
| **FLNG Liquefaction 2 LLC** | **FLNG Liquefaction 2 LLC** | **FLNG Liquefaction 2 LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.92%, 12/31/39  | 75000 | 75214 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.17%, 12/31/39  | 75000 | 76144 |
| **Halliburton Co.** | **Halliburton Co.** | **Halliburton Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.92%, 03/01/30 *(a)* | 200000 | 183758 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 11/15/35 *(a)* | 250000 | 235815 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.70%, 09/15/38  | 100000 | 107641 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.45%, 09/15/39  | 200000 | 228334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 11/15/41 *(a)* | 150000 | 124455 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 08/01/43 *(a)* | 100000 | 84737 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/45 *(a)* | 330000 | 284186 |
| **Helmerich & Payne, Inc.** | **Helmerich & Payne, Inc.** | **Helmerich & Payne, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 12/01/27 *(a)(d)* | 75000 | 74013 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 12/01/29 *(a)(d)* | 75000 | 70907 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 09/29/31 *(a)* | 100000 | 81669 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 12/01/34 *(a)(d)* | 100000 | 88414 |
| **Hess Corp.** | **Hess Corp.** | **Hess Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 04/01/27 *(a)* | 250000 | 249122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%, 10/01/29  | 100000 | 112041 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.30%, 08/15/31  | 100000 | 112125 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%, 03/15/33  | 100000 | 111446 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 01/15/40  | 100000 | 102959 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 02/15/41  | 200000 | 194250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 04/01/47 *(a)* | 100000 | 96646 |
| **HF Sinclair Corp.** | **HF Sinclair Corp.** | **HF Sinclair Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/28 *(a)* | 100000 | 99552 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 10/01/30 *(a)* | 100000 | 95795 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 01/15/31 *(a)* | 100000 | 100567 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 01/15/35 *(a)* | 150000 | 147975 |
| **Kinder Morgan Energy Partners LP** | **Kinder Morgan Energy Partners LP** | **Kinder Morgan Energy Partners LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.30%, 08/15/33  | 100000 | 110599 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 03/15/35  | 150000 | 151695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 02/01/37  | 75000 | 78551 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 01/15/38  | 180000 | 195205 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 09/01/39  | 100000 | 103572 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55%, 09/15/40  | 150000 | 155782 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 11/15/40  | 100000 | 111741 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 03/01/41  | 100000 | 100922 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 09/01/41  | 50000 | 46641 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/42 *(a)* | 100000 | 86822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 11/01/42 *(a)* | 45000 | 37695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/01/43 *(a)* | 100000 | 86664 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/01/44 *(a)* | 200000 | 183446 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 09/01/44 *(a)* | 95000 | 85446 |

---

**48**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Kinder Morgan, Inc.** | **Kinder Morgan, Inc.** | **Kinder Morgan, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 11/15/26 *(a)* | 100000 | 96136 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 03/01/28 *(a)* | 200000 | 199444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/29 *(a)* | 200000 | 202334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 06/01/30 *(a)* | 200000 | 202042 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 02/15/31 *(a)* | 250000 | 215032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.80%, 08/01/31  | 100000 | 113790 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%, 01/15/32  | 150000 | 170665 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 02/01/33 *(a)* | 200000 | 193224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 06/01/33 *(a)* | 250000 | 246952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 02/01/34 *(a)* | 150000 | 149486 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 12/01/34 *(a)* | 150000 | 146877 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 06/01/35 *(a)* | 150000 | 152218 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 06/01/45 *(a)* | 330000 | 303785 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 02/15/46 *(a)* | 200000 | 170952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 03/01/48 *(a)* | 100000 | 87047 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 08/01/50 *(a)* | 100000 | 62289 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 02/15/51 *(a)* | 150000 | 99774 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 08/01/52 *(a)* | 150000 | 133484 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 08/01/54 *(a)* | 100000 | 95421 |
| **Marathon Petroleum Corp.** | **Marathon Petroleum Corp.** | **Marathon Petroleum Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 12/15/26 *(a)* | 100000 | 100632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 04/01/28 *(a)* | 100000 | 97988 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 03/01/30 *(a)* | 200000 | 202126 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 03/01/35 *(a)* | 150000 | 148515 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 03/01/41 *(a)* | 250000 | 254107 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 09/15/44 *(a)* | 150000 | 121100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/01/48 *(a)* | 50000 | 37231 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/15/54 *(a)* | 100000 | 78417 |
| **MPLX LP** | **MPLX LP** | **MPLX LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/01/27 *(a)* | 200000 | 198518 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/01/27 *(a)* | 150000 | 148911 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/15/28 *(a)* | 250000 | 246530 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 02/15/29 *(a)* | 150000 | 150564 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 08/15/30 *(a)* | 250000 | 223782 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 09/01/32 *(a)* | 150000 | 146115 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/01/33 *(a)* | 250000 | 242760 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/01/34 *(a)* | 325000 | 320976 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 04/01/35 *(a)* | 175000 | 170530 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/15/38 *(a)* | 350000 | 302375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 03/01/47 *(a)* | 150000 | 127866 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 12/01/47 *(a)* | 100000 | 85244 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 04/15/48 *(a)* | 300000 | 236493 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 02/15/49 *(a)* | 300000 | 263628 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 03/14/52 *(a)* | 250000 | 202120 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 03/01/53 *(a)* | 100000 | 88762 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 04/01/55 *(a)* | 175000 | 162267 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 04/15/58 *(a)* | 100000 | 78395 |
| **National Fuel Gas Co.** | **National Fuel Gas Co.** | **National Fuel Gas Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 09/15/27 *(a)* | 100000 | 98141 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 09/01/28 *(a)* | 100000 | 99554 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/15/30 *(a)* | 95000 | 96943 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 03/15/35 *(a)* | 95000 | 95304 |
| **Northwest Pipeline LLC** | **Northwest Pipeline LLC** | **Northwest Pipeline LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/01/27 *(a)* | 100000 | 98979 |
| **NOV, Inc.** | **NOV, Inc.** | **NOV, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 12/01/29 *(a)* | 100000 | 95131 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 12/01/42 *(a)* | 225000 | 162207 |
| **Occidental Petroleum Corp.** | **Occidental Petroleum Corp.** | **Occidental Petroleum Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.50%, 07/15/27 *(a)* | 100000 | 105732 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/27 *(a)* | 100000 | 100074 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 09/01/28 *(a)* | 100000 | 103223 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 08/01/29 *(a)* | 200000 | 198562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.88%, 07/15/30 *(a)* | 200000 | 225648 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 09/01/30 *(a)* | 300000 | 312747 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 01/01/31 *(a)* | 200000 | 203926 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 05/01/31  | 200000 | 215718 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%, 09/15/31  | 75000 | 82679 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 01/01/32 *(a)* | 150000 | 145242 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 10/01/34 *(a)* | 200000 | 189458 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.45%, 09/15/36  | 300000 | 294912 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.95%, 06/15/39  | 75000 | 81360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 03/15/40  | 150000 | 140298 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.60%, 03/15/46 *(a)* | 200000 | 190094 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 04/15/46 *(a)* | 100000 | 71044 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/15/48 *(a)* | 50000 | 33063 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 10/01/54 *(a)* | 225000 | 195759 |
| **ONEOK Partners LP** | **ONEOK Partners LP** | **ONEOK Partners LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.65%, 10/01/36  | 100000 | 105165 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.85%, 10/15/37  | 150000 | 158593 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 02/01/41 *(a)* | 150000 | 146010 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 09/15/43 *(a)* | 75000 | 71684 |
| **ONEOK, Inc.** | **ONEOK, Inc.** | **ONEOK, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 07/15/26 *(a)* | 100000 | 100129 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 11/01/26 *(a)* | 150000 | 151720 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/13/27 *(a)* | 100000 | 98887 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 09/24/27 *(a)* | 200000 | 198758 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 07/15/28 *(a)* | 150000 | 149527 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 11/01/28 *(a)* | 150000 | 154542 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 03/15/29 *(a)* | 150000 | 147626 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 06/01/29 *(a)* | 100000 | 101646 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 09/01/29 *(a)* | 150000 | 141741 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 10/15/29 *(a)* | 100000 | 98516 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 03/15/30 *(a)* | 100000 | 92394 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/01/30 *(a)* | 100000 | 92478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 11/01/30 *(a)* | 100000 | 103611 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 01/15/31 *(a)* | 70000 | 73968 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 10/15/31 *(a)* | 250000 | 244207 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 11/15/32 *(a)* | 150000 | 156384 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 09/01/33 *(a)* | 300000 | 308325 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 09/01/34 *(a)* | 100000 | 99690 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 11/01/34 *(a)* | 300000 | 285882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 06/15/35  | 75000 | 76757 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 10/15/43 *(a)* | 150000 | 129975 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 04/01/44 *(a)* | 75000 | 67156 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 04/01/45 *(a)* | 75000 | 62333 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 09/15/46 *(a)* | 75000 | 55298 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 06/01/47 *(a)* | 75000 | 64540 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 07/13/47 *(a)* | 100000 | 81638 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 07/15/48 *(a)* | 200000 | 168514 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 02/01/49 *(a)* | 150000 | 118818 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 09/01/49 *(a)* | 150000 | 112295 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 03/01/50 *(a)* | 150000 | 103163 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/15/50 *(a)* | 50000 | 37877 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.15%, 01/15/51 *(a)* | 100000 | 106068 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 09/01/53 *(a)* | 250000 | 252610 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 11/01/54 *(a)* | 200000 | 179204 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 11/01/64 *(a)* | 100000 | 89682 |
| **Ovintiv, Inc.** | **Ovintiv, Inc.** | **Ovintiv, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 05/15/28 *(a)* | 150000 | 153091 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.20%, 11/01/31  | 75000 | 79647 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.38%, 11/01/31  | 200000 | 213788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 07/15/33 *(a)* | 100000 | 100456 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 08/15/34  | 100000 | 100370 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 08/15/37  | 100000 | 97897 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.10%, 07/15/53 *(a)* | 100000 | 97884 |
| **Patterson-UTI Energy, Inc.** | **Patterson-UTI Energy, Inc.** | **Patterson-UTI Energy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 02/01/28 *(a)* | 75000 | 71966 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.15%, 10/01/33 *(a)* | 100000 | 100157 |
| **Phillips 66** | **Phillips 66** | **Phillips 66** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 03/15/28 *(a)* | 150000 | 147878 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 12/15/30 *(a)* | 150000 | 130721 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 11/15/34 *(a)* | 225000 | 211050 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 05/01/42  | 275000 | 267809 |

---

**49**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 11/15/44 *(a)* | 300000 | 252960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 03/15/52 *(a)* | 200000 | 124916 |
| **Phillips 66 Co.** | **Phillips 66 Co.** | **Phillips 66 Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 10/01/26 *(a)* | 100000 | 98703 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 12/01/27 *(a)* | 150000 | 151645 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 03/01/28 *(a)* | 100000 | 98056 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 12/15/29 *(a)* | 100000 | 93965 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/15/31 *(a)* | 225000 | 228013 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 06/30/33 *(a)* | 150000 | 149527 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 03/15/35 *(a)* | 100000 | 95367 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.68%, 02/15/45 *(a)* | 100000 | 80995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 10/01/46 *(a)* | 100000 | 82602 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 06/15/54 *(a)* | 100000 | 90351 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/15/55 *(a)* | 100000 | 88421 |
| **Pioneer Natural Resources Co.** | **Pioneer Natural Resources Co.** | **Pioneer Natural Resources Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 08/15/30 *(a)* | 200000 | 175246 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 01/15/31 *(a)* | 200000 | 175364 |
| **Plains All American Pipeline LP** | **Plains All American Pipeline LP** | **Plains All American Pipeline LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 06/15/35 *(a)* | 200000 | 199810 |
| **Plains All American Pipeline LP/PAA Finance Corp.** | **Plains All American Pipeline LP/PAA Finance Corp.** | **Plains All American Pipeline LP/PAA Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 12/15/26 *(a)* | 130000 | 129808 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 12/15/29 *(a)* | 150000 | 141945 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 09/15/30 *(a)* | 150000 | 141759 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 09/15/34 *(a)* | 150000 | 148886 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.65%, 01/15/37  | 100000 | 105083 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 06/01/42 *(a)* | 100000 | 85845 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 01/31/43 *(a)* | 50000 | 38506 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 06/15/44 *(a)* | 100000 | 80330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/15/45 *(a)* | 100000 | 82699 |
| **Sabine Pass Liquefaction LLC** | **Sabine Pass Liquefaction LLC** | **Sabine Pass Liquefaction LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 06/30/26 *(a)* | 200000 | 201308 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/15/27 *(a)* | 350000 | 351655 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/15/28 *(a)* | 250000 | 247847 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/15/30 *(a)* | 375000 | 369679 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 09/15/37 *(a)* | 100000 | 102201 |
| **Shell Finance U.S., Inc.** | **Shell Finance U.S., Inc.** | **Shell Finance U.S., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 11/07/29 *(a)* | 250000 | 230752 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 04/06/30 *(a)* | 300000 | 278979 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 05/11/35  | 275000 | 255500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 08/12/43  | 250000 | 215282 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 05/11/45  | 330000 | 273194 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/10/46  | 205000 | 159707 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/12/46  | 200000 | 150230 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 04/06/50 *(a)* | 350000 | 232480 |
| **Shell International Finance BV** | **Shell International Finance BV** | **Shell International Finance BV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 09/12/26  | 250000 | 245040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 11/13/28 *(a)* | 300000 | 297636 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 11/07/29 *(a)* | 100000 | 92961 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 05/11/35  | 75000 | 72317 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 12/15/38  | 500000 | 543395 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/25/40  | 225000 | 224203 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 11/26/41 *(a)* | 50000 | 35031 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 08/21/42  | 80000 | 61240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 05/11/45  | 75000 | 62241 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/10/46  | 75000 | 59207 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 11/07/49 *(a)* | 200000 | 129840 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 11/26/51 *(a)* | 200000 | 125324 |
| **South Bow USA Infrastructure Holdings LLC** | **South Bow USA Infrastructure Holdings LLC** | **South Bow USA Infrastructure Holdings LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.91%, 09/01/27 *(a)(d)* | 150000 | 150153 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.03%, 10/01/29 *(a)(d)* | 200000 | 198568 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.58%, 10/01/34 *(a)(d)* | 200000 | 193096 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.18%, 10/01/54 *(a)(d)* | 150000 | 137091 |
| **Spectra Energy Partners LP** | **Spectra Energy Partners LP** | **Spectra Energy Partners LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 10/15/26 *(a)* | 100000 | 98300 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 09/25/43 *(a)* | 75000 | 71531 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/15/45 *(a)* | 150000 | 120171 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Suncor Energy, Inc.** | **Suncor Energy, Inc.** | **Suncor Energy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.15%, 02/01/32  | 100000 | 108257 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 12/01/34  | 75000 | 76067 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.80%, 05/15/38  | 96000 | 100884 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 06/15/38  | 75000 | 78187 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.85%, 06/01/39  | 150000 | 160416 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/15/47 *(a)* | 100000 | 71590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 03/04/51 *(a)* | 150000 | 101214 |
| **Targa Resources Corp.** | **Targa Resources Corp.** | **Targa Resources Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 07/01/27 *(a)* | 100000 | 101004 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 03/01/29 *(a)* | 200000 | 208834 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 02/01/33 *(a)* | 150000 | 137259 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 03/15/33 *(a)* | 175000 | 180442 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 03/30/34 *(a)* | 175000 | 184266 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 02/15/35 *(a)* | 175000 | 171288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 08/15/35 *(a)* | 175000 | 171776 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 04/15/52 *(a)* | 200000 | 160230 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 07/01/52 *(a)* | 100000 | 95864 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 02/15/53 *(a)* | 150000 | 148322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 05/15/55 *(a)* | 175000 | 165217 |
| **Targa Resources Partners LP/Targa Resources Partners Finance Corp.** | **Targa Resources Partners LP/Targa Resources Partners Finance Corp.** | **Targa Resources Partners LP/Targa Resources Partners Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 07/15/27 *(a)* | 250000 | 250565 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/15/28 *(a)* | 200000 | 199824 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/01/30 *(a)* | 150000 | 151303 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 02/01/31 *(a)* | 150000 | 146466 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/15/32 *(a)* | 175000 | 160225 |
| **TC PipeLines LP** | **TC PipeLines LP** | **TC PipeLines LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 05/25/27 *(a)* | 100000 | 98673 |
| **Tennessee Gas Pipeline Co. LLC** | **Tennessee Gas Pipeline Co. LLC** | **Tennessee Gas Pipeline Co. LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 10/15/28  | 100000 | 107081 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.63%, 04/01/37  | 75000 | 85432 |
| **Texas Eastern Transmission LP** | **Texas Eastern Transmission LP** | **Texas Eastern Transmission LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 07/15/32  | 100000 | 109221 |
| **TotalEnergies Capital International SA** | **TotalEnergies Capital International SA** | **TotalEnergies Capital International SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.46%, 02/19/29 *(a)* | 150000 | 145920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.83%, 01/10/30 *(a)* | 200000 | 188050 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.99%, 06/29/41 *(a)* | 175000 | 125426 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.46%, 07/12/49 *(a)* | 200000 | 137476 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 05/29/50 *(a)* | 450000 | 289116 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.39%, 06/29/60 *(a)* | 100000 | 63171 |
| **TotalEnergies Capital SA** | **TotalEnergies Capital SA** | **TotalEnergies Capital SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 10/11/28  | 150000 | 148629 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 04/05/34 *(a)* | 275000 | 277398 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.72%, 09/10/34 *(a)* | 200000 | 195552 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.49%, 04/05/54 *(a)* | 325000 | 304093 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.28%, 09/10/54 *(a)* | 175000 | 159609 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.64%, 04/05/64 *(a)* | 275000 | 257936 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.43%, 09/10/64 *(a)* | 200000 | 182020 |
| **TransCanada PipeLines Ltd.** | **TransCanada PipeLines Ltd.** | **TransCanada PipeLines Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 05/15/28 *(a)* | 250000 | 248072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 04/15/30 *(a)* | 200000 | 193814 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 03/01/34 *(a)* | 300000 | 282936 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 03/31/34  | 100000 | 99916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 03/15/36  | 100000 | 101808 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 10/15/37  | 175000 | 178671 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 08/15/38  | 100000 | 110049 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.63%, 01/15/39  | 250000 | 286955 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 06/01/40  | 150000 | 152218 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/16/43 *(a)* | 75000 | 67316 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 03/15/49 *(a)* | 150000 | 132620 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 06/01/65 *(a)(b)* | 150000 | 149069 |
| **Transcontinental Gas Pipe Line Co. LLC** | **Transcontinental Gas Pipe Line Co. LLC** | **Transcontinental Gas Pipe Line Co. LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/15/28 *(a)* | 100000 | 98913 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/15/30 *(a)* | 100000 | 93285 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 08/15/41 *(a)* | 100000 | 93468 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 08/01/42 *(a)* | 100000 | 83446 |

---

**50**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 03/15/48 *(a)* | 100000 | 82017 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 05/15/50 *(a)* | 100000 | 73904 |
| **Valero Energy Corp.** | **Valero Energy Corp.** | **Valero Energy Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 09/15/27 *(a)* | 150000 | 142061 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 06/01/28 *(a)* | 150000 | 149267 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/01/29 *(a)* | 50000 | 48815 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 02/15/30 *(a)* | 150000 | 151812 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 12/01/31 *(a)* | 75000 | 65534 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 04/15/32  | 150000 | 168937 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 06/15/37  | 200000 | 210106 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/15/45  | 130000 | 110821 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 12/01/51 *(a)* | 200000 | 131166 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/52 *(a)* | 75000 | 51713 |
| **Valero Energy Partners LP** | **Valero Energy Partners LP** | **Valero Energy Partners LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/15/28 *(a)* | 150000 | 149866 |
| **Western Midstream Operating LP** | **Western Midstream Operating LP** | **Western Midstream Operating LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 07/01/26 *(a)* | 150000 | 149605 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 01/15/29 *(a)* | 100000 | 103926 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 02/01/30 *(a)(e)* | 200000 | 190222 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 04/01/33 *(a)* | 200000 | 204450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 11/15/34 *(a)* | 150000 | 144141 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 04/01/44 *(a)* | 100000 | 84930 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 03/01/48 *(a)* | 150000 | 121772 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 08/15/48 *(a)* | 100000 | 83532 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 02/01/50 *(a)(e)* | 175000 | 142289 |
| **Williams Cos., Inc.** | **Williams Cos., Inc.** | **Williams Cos., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 06/15/27 *(a)* | 275000 | 271089 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 08/15/28 *(a)* | 150000 | 153411 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/15/29 *(a)* | 150000 | 151462 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 11/15/29 *(a)* | 75000 | 75512 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 11/15/30 *(a)* | 150000 | 140435 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 01/15/31  | 75000 | 84607 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 03/15/31 *(a)* | 225000 | 199264 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.75%, 03/15/32  | 50000 | 59674 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 08/15/32 *(a)* | 150000 | 145311 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 03/15/33 *(a)* | 200000 | 204954 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 03/15/34 *(a)* | 225000 | 221240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 03/15/35 *(a)* | 200000 | 201970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.30%, 04/15/40  | 200000 | 207654 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 11/15/43 *(a)* | 72000 | 69528 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 03/04/44 *(a)* | 100000 | 91538 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 06/24/44 *(a)* | 100000 | 95320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 01/15/45 *(a)* | 100000 | 85650 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 09/15/45 *(a)* | 200000 | 175406 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 03/01/48 *(a)* | 150000 | 126200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 10/15/51 *(a)* | 150000 | 99651 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 08/15/52 *(a)* | 150000 | 132848 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 11/15/54 *(a)* | 150000 | 142421 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 03/15/55 *(a)* | 75000 | 72986 |
| **Woodside Finance Ltd.** | **Woodside Finance Ltd.** | **Woodside Finance Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 05/19/28 *(a)* | 100000 | 100010 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 05/19/30 *(a)* | 200000 | 200464 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 05/19/32 *(a)* | 100000 | 99925 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 09/12/34 *(a)* | 225000 | 211601 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 05/19/35 *(a)* | 200000 | 198888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 09/12/54 *(a)* | 150000 | 130592 |
|  |  | **89470152** |
| ***Industrial Other 0.1%***  | ***Industrial Other 0.1%***  | ***Industrial Other 0.1%***  |
| **American University** | **American University** | **American University** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.67%, 04/01/49  | 100000 | 73943 |
| **Booz Allen Hamilton, Inc.** | **Booz Allen Hamilton, Inc.** | **Booz Allen Hamilton, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 08/04/33 *(a)* | 150000 | 151446 |
| **Brown University** | **Brown University** | **Brown University** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.92%, 09/01/50 *(a)* | 100000 | 63614 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **California Institute of Technology** | **California Institute of Technology** | **California Institute of Technology** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.32%, 08/01/45  | 100000 | 83959 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 09/01/19 *(a)* | 150000 | 92198 |
| **Case Western Reserve University** | **Case Western Reserve University** | **Case Western Reserve University** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.41%, 06/01/22 *(a)* | 50000 | 45013 |
| **Cintas Corp. No. 2** | **Cintas Corp. No. 2** | **Cintas Corp. No. 2** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 04/01/27 *(a)* | 150000 | 148473 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/01/32 *(a)* | 150000 | 143463 |
| **Claremont Mckenna College** | **Claremont Mckenna College** | **Claremont Mckenna College** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.78%, 01/01/22 *(a)* | 50000 | 31139 |
| **Cornell University** | **Cornell University** | **Cornell University** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.84%, 06/15/34 *(a)* | 100000 | 98925 |
| **Duke University** | **Duke University** | **Duke University** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.68%, 10/01/44  | 100000 | 69967 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.76%, 10/01/50  | 100000 | 61341 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.83%, 10/01/55  | 100000 | 60353 |
| **Emory University** | **Emory University** | **Emory University** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.97%, 09/01/50 *(a)* | 150000 | 94560 |
| **George Washington University** | **George Washington University** | **George Washington University** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 09/15/44  | 100000 | 83030 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.87%, 09/15/45  | 50000 | 44508 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 09/15/48 *(a)* | 150000 | 117087 |
| **Georgetown University** | **Georgetown University** | **Georgetown University** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.32%, 04/01/49 *(a)* | 50000 | 39534 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.94%, 04/01/50 *(a)* | 100000 | 62435 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.22%, 10/01/18 *(a)* | 50000 | 43030 |
| **Jacobs Engineering Group, Inc.** | **Jacobs Engineering Group, Inc.** | **Jacobs Engineering Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 08/18/28 *(a)* | 125000 | 130727 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 03/01/33 *(a)* | 100000 | 102682 |
| **Johns Hopkins University** | **Johns Hopkins University** | **Johns Hopkins University** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.08%, 07/01/53  | 100000 | 77654 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.81%, 01/01/60 *(a)* | 75000 | 42305 |
| **Leland Stanford Junior University** | **Leland Stanford Junior University** | **Leland Stanford Junior University** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.29%, 06/01/27 *(a)* | 200000 | 189216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 05/01/48 *(a)* | 100000 | 74590 |
| **Massachusetts Institute of Technology** | **Massachusetts Institute of Technology** | **Massachusetts Institute of Technology** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.96%, 07/01/38  | 150000 | 135213 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.99%, 07/01/50 *(a)* | 100000 | 64859 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.29%, 07/01/51 *(a)* | 100000 | 55071 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.62%, 06/01/55 *(a)* | 100000 | 99933 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 07/01/11  | 150000 | 145396 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.68%, 07/01/14  | 175000 | 141620 |
| **MasTec, Inc.** | **MasTec, Inc.** | **MasTec, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 06/15/29 *(a)* | 100000 | 102853 |
| **Northeastern University** | **Northeastern University** | **Northeastern University** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.89%, 10/01/50  | 75000 | 47736 |
| **Northwestern University** | **Northwestern University** | **Northwestern University** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.64%, 12/01/44  | 100000 | 92107 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.64%, 12/01/50 *(a)* | 100000 | 59641 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.66%, 12/01/57 *(a)* | 75000 | 52859 |
| **President & Fellows of Harvard College** | **President & Fellows of Harvard College** | **President & Fellows of Harvard College** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.61%, 02/15/35 *(a)* | 150000 | 146992 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 10/15/40  | 75000 | 71439 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 07/15/46 *(a)* | 100000 | 69868 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.52%, 10/15/50 *(a)* | 100000 | 58252 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 11/15/52 *(a)* | 100000 | 74065 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 07/15/56 *(a)* | 100000 | 66057 |
| **Quanta Services, Inc.** | **Quanta Services, Inc.** | **Quanta Services, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 08/09/27 *(a)* | 100000 | 100421 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 10/01/30 *(a)* | 250000 | 227187 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 08/09/34 *(a)* | 100000 | 99155 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 10/01/41 *(a)* | 150000 | 103700 |
| **Thomas Jefferson University** | **Thomas Jefferson University** | **Thomas Jefferson University** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 11/01/57 *(a)* | 75000 | 50428 |

---

**51**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Trustees of Boston College** | **Trustees of Boston College** | **Trustees of Boston College** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 07/01/52  | 100000 | 65176 |
| **Trustees of Columbia University in the City of New York** | **Trustees of Columbia University in the City of New York** | **Trustees of Columbia University in the City of New York** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.36%, 10/01/35 *(a)* | 75000 | 71271 |
| **Trustees of Princeton University** | **Trustees of Princeton University** | **Trustees of Princeton University** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 03/01/39  | 150000 | 157644 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.52%, 07/01/50 *(a)* | 100000 | 60094 |
| **Trustees of the University of Pennsylvania** | **Trustees of the University of Pennsylvania** | **Trustees of the University of Pennsylvania** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 10/01/50 *(a)* | 150000 | 84609 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.67%, 09/01/12  | 50000 | 40327 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.61%, 02/15/19 *(a)* | 75000 | 46994 |
| **University of Chicago** | **University of Chicago** | **University of Chicago** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.76%, 04/01/45 *(a)* | 100000 | 75969 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 04/01/50 *(a)* | 100000 | 62797 |
| **University of Miami** | **University of Miami** | **University of Miami** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.06%, 04/01/52  | 100000 | 76493 |
| **University of Notre Dame du Lac** | **University of Notre Dame du Lac** | **University of Notre Dame du Lac** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.39%, 02/15/48 *(a)* | 100000 | 71824 |
| **University of Southern California** | **University of Southern California** | **University of Southern California** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.03%, 10/01/39  | 150000 | 119149 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.84%, 10/01/47 *(a)* | 150000 | 116285 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 10/01/51 *(a)* | 100000 | 62776 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.98%, 10/01/53 *(a)* | 100000 | 90066 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.23%, 10/01/20 *(a)* | 100000 | 54997 |
| **Washington University** | **Washington University** | **Washington University** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.52%, 04/15/54 *(a)* | 125000 | 87964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 04/15/22 *(a)* | 100000 | 74515 |
| **William Marsh Rice University** | **William Marsh Rice University** | **William Marsh Rice University** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.57%, 05/15/45  | 200000 | 155930 |
| **Yale University** | **Yale University** | **Yale University** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.48%, 04/15/30 *(a)* | 50000 | 44136 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 04/15/32 *(a)* | 100000 | 100512 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 04/15/50 *(a)* | 100000 | 57153 |
|  |  | **6066725** |
| ***Technology 2.3%***  | ***Technology 2.3%***  | ***Technology 2.3%***  |
| **Accenture Capital, Inc.** | **Accenture Capital, Inc.** | **Accenture Capital, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 10/04/27 *(a)* | 200000 | 198728 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 10/04/29 *(a)* | 200000 | 197532 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 10/04/31 *(a)* | 200000 | 196514 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 10/04/34 *(a)* | 350000 | 336378 |
| **Adobe, Inc.** | **Adobe, Inc.** | **Adobe, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 02/01/27 *(a)* | 200000 | 193702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 04/04/27 *(a)* | 100000 | 101231 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 01/17/28 *(a)* | 200000 | 203166 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 04/04/29 *(a)* | 125000 | 127624 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 01/17/30 *(a)* | 100000 | 102632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 02/01/30 *(a)* | 200000 | 183284 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 04/04/34 *(a)* | 150000 | 151111 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 01/17/35 *(a)* | 100000 | 103072 |
| **Advanced Micro Devices, Inc.** | **Advanced Micro Devices, Inc.** | **Advanced Micro Devices, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.32%, 03/24/28 *(a)* | 100000 | 100462 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.92%, 06/01/32 *(a)* | 100000 | 95260 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.39%, 06/01/52 *(a)* | 75000 | 61478 |
| **Alphabet, Inc.** | **Alphabet, Inc.** | **Alphabet, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 08/15/26 *(a)* | 400000 | 390088 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.80%, 08/15/27 *(a)* | 150000 | 139995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/15/30 *(a)* | 150000 | 148581 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.10%, 08/15/30 *(a)* | 450000 | 384768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/15/35 *(a)* | 250000 | 242910 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 08/15/40 *(a)* | 250000 | 163632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 08/15/50 *(a)* | 400000 | 217620 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/15/55 *(a)* | 250000 | 241687 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 08/15/60 *(a)* | 375000 | 196237 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 05/15/65 *(a)* | 250000 | 239482 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Amdocs Ltd.** | **Amdocs Ltd.** | **Amdocs Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.54%, 06/15/30 *(a)* | 150000 | 133938 |
| **Analog Devices, Inc.** | **Analog Devices, Inc.** | **Analog Devices, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 12/05/26 *(a)* | 100000 | 98908 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 06/15/27 *(a)* | 100000 | 98570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 10/01/28 *(a)* | 200000 | 183762 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 10/01/31 *(a)* | 200000 | 172806 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 04/01/34 *(a)* | 100000 | 100851 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 10/01/41 *(a)* | 200000 | 142514 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 10/01/51 *(a)* | 200000 | 125866 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 04/01/54 *(a)* | 100000 | 93765 |
| **Apple, Inc.** | **Apple, Inc.** | **Apple, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 08/04/26 *(a)* | 400000 | 392396 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 09/11/26 *(a)* | 400000 | 389772 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 02/09/27 *(a)* | 300000 | 296553 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 05/11/27 *(a)* | 350000 | 344659 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 06/20/27 *(a)* | 200000 | 195970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 09/12/27 *(a)* | 350000 | 341540 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 11/13/27 *(a)* | 300000 | 293082 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.20%, 02/08/28 *(a)* | 450000 | 417595 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/10/28 *(a)* | 250000 | 250345 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/12/28 *(a)* | 300000 | 299661 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.40%, 08/05/28 *(a)* | 400000 | 368524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 08/08/29 *(a)* | 225000 | 217368 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 09/11/29 *(a)* | 350000 | 323060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 05/10/30 *(a)* | 100000 | 100461 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 05/11/30 *(a)* | 300000 | 265260 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 05/12/30 *(a)* | 200000 | 199556 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 08/20/30 *(a)* | 200000 | 172152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 02/08/31 *(a)* | 500000 | 432810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 08/05/31 *(a)* | 200000 | 171870 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/12/32 *(a)* | 200000 | 199062 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 08/08/32 *(a)* | 325000 | 303504 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 05/10/33 *(a)* | 175000 | 173780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 05/12/35 *(a)* | 200000 | 198442 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/23/36 *(a)* | 200000 | 196626 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 02/08/41 *(a)* | 300000 | 205770 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 05/04/43  | 580000 | 475583 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 05/06/44  | 150000 | 134447 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 02/09/45  | 400000 | 305132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 05/13/45  | 400000 | 347332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 02/23/46 *(a)* | 625000 | 561719 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 08/04/46 *(a)* | 350000 | 277882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 02/09/47 *(a)* | 195000 | 164344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/12/47 *(a)* | 200000 | 154664 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 11/13/47 *(a)* | 200000 | 154340 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 09/11/49 *(a)* | 300000 | 196563 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 05/11/50 *(a)* | 475000 | 290301 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 08/20/50 *(a)* | 200000 | 115644 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 02/08/51 *(a)* | 575000 | 348950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 08/05/51 *(a)* | 350000 | 213241 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 08/08/52 *(a)* | 350000 | 272825 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 05/10/53 *(a)* | 250000 | 232330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 08/20/60 *(a)* | 300000 | 168915 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 02/08/61 *(a)* | 325000 | 187912 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 08/05/61 *(a)* | 275000 | 161177 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 08/08/62 *(a)* | 200000 | 154688 |
| **Applied Materials, Inc.** | **Applied Materials, Inc.** | **Applied Materials, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 04/01/27 *(a)* | 225000 | 221665 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 06/15/29 *(a)* | 150000 | 153013 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 06/01/30 *(a)* | 150000 | 131987 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 10/01/35 *(a)* | 75000 | 76168 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 06/15/41  | 100000 | 103830 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 04/01/47 *(a)* | 150000 | 125033 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 06/01/50 *(a)* | 150000 | 91479 |
| **Arrow Electronics, Inc.** | **Arrow Electronics, Inc.** | **Arrow Electronics, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 01/12/28 *(a)* | 100000 | 97882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 08/21/29 *(a)* | 100000 | 101077 |

---

**52**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 02/15/32 *(a)* | 100000 | 85605 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 04/10/34 *(a)* | 100000 | 101185 |
| **Atlassian Corp.** | **Atlassian Corp.** | **Atlassian Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/15/29 *(a)* | 100000 | 102013 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 05/15/34 *(a)* | 100000 | 101046 |
| **Autodesk, Inc.** | **Autodesk, Inc.** | **Autodesk, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 06/15/27 *(a)* | 100000 | 98262 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 01/15/30 *(a)* | 100000 | 92804 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 12/15/31 *(a)* | 200000 | 172678 |
| **Automatic Data Processing, Inc.** | **Automatic Data Processing, Inc.** | **Automatic Data Processing, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 05/15/28 *(a)* | 200000 | 187166 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 09/01/30 *(a)* | 200000 | 171600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 05/08/32 *(a)* | 200000 | 200952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 09/09/34 *(a)* | 175000 | 168957 |
| **Avnet, Inc.** | **Avnet, Inc.** | **Avnet, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 03/15/28 *(a)* | 100000 | 103317 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/15/31 *(a)* | 100000 | 88402 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/01/32 *(a)* | 50000 | 49251 |
| **Baidu, Inc.** | **Baidu, Inc.** | **Baidu, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 11/14/28 *(a)* | 200000 | 202506 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 10/09/30 *(a)* | 200000 | 179886 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 08/23/31 *(a)* | 200000 | 176872 |
| **Broadcom Corp./Broadcom Cayman Finance Ltd.** | **Broadcom Corp./Broadcom Cayman Finance Ltd.** | **Broadcom Corp./Broadcom Cayman Finance Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 01/15/27 *(a)* | 500000 | 495900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 01/15/28 *(a)* | 150000 | 146828 |
| **Broadcom, Inc.** | **Broadcom, Inc.** | **Broadcom, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.46%, 09/15/26 *(a)* | 156000 | 154050 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 07/12/27 *(a)* | 225000 | 227970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 02/15/28 *(a)(d)* | 100000 | 93931 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 02/15/28 *(a)* | 150000 | 149276 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 04/15/28 *(a)* | 200000 | 202356 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.11%, 09/15/28 *(a)* | 250000 | 248107 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/15/29 *(a)(d)* | 150000 | 147332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 04/15/29 *(a)* | 300000 | 302337 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 07/12/29 *(a)* | 400000 | 407360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 02/15/30 *(a)* | 250000 | 247122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/15/30 *(a)* | 150000 | 152358 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 04/15/30 *(a)* | 150000 | 152463 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 11/15/30 *(a)* | 400000 | 390152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 02/15/31 *(a)(d)* | 525000 | 464368 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 11/15/31 *(a)* | 250000 | 254630 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 02/15/32 *(a)* | 150000 | 146927 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 04/15/32 *(a)(d)* | 250000 | 238150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 04/15/32 *(a)* | 200000 | 203208 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 11/15/32 *(a)* | 350000 | 335324 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 02/15/33 *(a)(d)* | 300000 | 253662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.42%, 04/15/33 *(a)(d)* | 450000 | 401656 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.47%, 04/15/34 *(a)(d)* | 600000 | 527496 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 10/15/34 *(a)* | 300000 | 292347 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.14%, 11/15/35 *(a)(d)* | 625000 | 518131 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.19%, 11/15/36 *(a)(d)* | 525000 | 427003 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.93%, 05/15/37 *(a)(d)* | 463000 | 441966 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 02/15/41 *(a)(d)* | 525000 | 407190 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 02/15/51 *(a)(d)* | 350000 | 253855 |
| **Broadridge Financial Solutions, Inc.** | **Broadridge Financial Solutions, Inc.** | **Broadridge Financial Solutions, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 06/27/26 *(a)* | 100000 | 98539 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 12/01/29 *(a)* | 150000 | 138816 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 05/01/31 *(a)* | 200000 | 176338 |
| **Cadence Design Systems, Inc.** | **Cadence Design Systems, Inc.** | **Cadence Design Systems, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 09/10/27  | 100000 | 99648 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 09/10/29 *(a)* | 200000 | 198636 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 09/10/34 *(a)* | 175000 | 170305 |
| **CDW LLC/CDW Finance Corp.** | **CDW LLC/CDW Finance Corp.** | **CDW LLC/CDW Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.67%, 12/01/26 *(a)* | 200000 | 193998 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 04/01/28 *(a)* | 200000 | 196972 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 02/15/29 *(a)* | 100000 | 93987 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 03/01/30 *(a)* | 100000 | 99994 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.57%, 12/01/31 *(a)* | 200000 | 181586 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 08/22/34 *(a)* | 100000 | 98678 |
| **CGI, Inc.** | **CGI, Inc.** | **CGI, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 09/14/26 *(a)* | 100000 | 96118 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 03/14/30 *(a)(d)* | 125000 | 125101 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 09/14/31 *(a)* | 100000 | 85629 |
| **Cisco Systems, Inc.** | **Cisco Systems, Inc.** | **Cisco Systems, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 09/20/26 *(a)* | 200000 | 195952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 02/26/27 *(a)* | 400000 | 404164 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 02/24/28 *(a)* | 200000 | 202192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 02/26/29 *(a)* | 500000 | 510190 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/24/30 *(a)* | 200000 | 203436 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 02/26/31 *(a)* | 250000 | 255150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 02/24/32 *(a)* | 200000 | 202968 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 02/26/34 *(a)* | 500000 | 504140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 02/24/35 *(a)* | 200000 | 201514 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 02/15/39  | 375000 | 395040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/15/40  | 400000 | 405440 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 02/26/54 *(a)* | 350000 | 331649 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 02/24/55 *(a)* | 150000 | 145952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 02/26/64 *(a)* | 200000 | 187796 |
| **Concentrix Corp.** | **Concentrix Corp.** | **Concentrix Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.65%, 08/02/26 *(a)* | 150000 | 152686 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.60%, 08/02/28 *(a)* | 150000 | 157428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.85%, 08/02/33 *(a)* | 100000 | 102460 |
| **Corning, Inc.** | **Corning, Inc.** | **Corning, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 08/15/40  | 100000 | 99191 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/15/42  | 100000 | 87099 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 11/15/48 *(a)* | 100000 | 91041 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 11/15/49 *(a)* | 100000 | 73356 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 11/15/57 *(a)* | 150000 | 114864 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 11/15/68 *(a)* | 50000 | 46587 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 11/15/79 *(a)* | 190000 | 164886 |
| **Dell International LLC/EMC Corp.** | **Dell International LLC/EMC Corp.** | **Dell International LLC/EMC Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.02%, 06/15/26 *(a)* | 414000 | 417871 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 10/01/26 *(a)* | 350000 | 351067 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 07/15/27 *(a)* | 100000 | 102891 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 02/01/28 *(a)* | 200000 | 204238 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 04/01/28 *(a)* | 175000 | 175814 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 10/01/29 *(a)* | 300000 | 306210 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 02/01/30 *(a)* | 150000 | 147455 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/30 *(a)* | 175000 | 175957 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 07/15/30 *(a)* | 100000 | 105989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 04/01/32 *(a)* | 175000 | 175929 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 02/01/33 *(a)* | 200000 | 207060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 04/15/34 *(a)* | 175000 | 175444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 02/01/35 *(a)* | 150000 | 142242 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 04/01/35 *(a)* | 175000 | 172944 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.10%, 07/15/36 *(a)* | 189000 | 223649 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 12/15/41 *(a)* | 150000 | 109002 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.35%, 07/15/46 *(a)* | 139000 | 171933 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 12/15/51 *(a)* | 150000 | 99296 |
| **Dell, Inc.** | **Dell, Inc.** | **Dell, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.10%, 04/15/28  | 75000 | 79872 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 04/15/38  | 75000 | 77768 |
| **DXC Technology Co.** | **DXC Technology Co.** | **DXC Technology Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 09/15/26 *(a)* | 150000 | 144368 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 09/15/28 *(a)* | 150000 | 137511 |
| **Equifax, Inc.** | **Equifax, Inc.** | **Equifax, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 12/15/27 *(a)* | 150000 | 151554 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 06/01/28 *(a)* | 150000 | 151873 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 09/15/29 *(a)* | 150000 | 149793 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 05/15/30 *(a)* | 100000 | 92372 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.35%, 09/15/31 *(a)* | 200000 | 171764 |
| **Equinix Europe 2 Financing Corp. LLC** | **Equinix Europe 2 Financing Corp. LLC** | **Equinix Europe 2 Financing Corp. LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/15/34 *(a)* | 125000 | 126851 |

---

**53**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Equinix, Inc.** | **Equinix, Inc.** | **Equinix, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 11/18/26 *(a)* | 100000 | 97533 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.55%, 03/15/28 *(a)* | 250000 | 231707 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 05/15/28 *(a)* | 75000 | 70050 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 11/18/29 *(a)* | 200000 | 188384 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 07/15/30 *(a)* | 200000 | 176700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 05/15/31 *(a)* | 200000 | 175822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 04/15/32 *(a)* | 200000 | 187986 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 07/15/50 *(a)* | 100000 | 61284 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 09/15/51 *(a)* | 125000 | 74941 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 02/15/52 *(a)* | 100000 | 65677 |
| **FactSet Research Systems, Inc.** | **FactSet Research Systems, Inc.** | **FactSet Research Systems, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 03/01/27 *(a)* | 100000 | 96995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 03/01/32 *(a)* | 100000 | 90292 |
| **Fidelity National Information Services, Inc.** | **Fidelity National Information Services, Inc.** | **Fidelity National Information Services, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 03/01/28 *(a)* | 150000 | 139040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 03/01/31 *(a)* | 200000 | 173074 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 07/15/32 *(a)* | 150000 | 150558 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 03/01/41 *(a)* | 100000 | 71567 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 08/15/46 *(a)* | 75000 | 60021 |
| **Fiserv, Inc.** | **Fiserv, Inc.** | **Fiserv, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 07/01/26 *(a)* | 400000 | 394332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 03/15/27 *(a)* | 150000 | 151621 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 06/01/27 *(a)* | 250000 | 239317 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/02/28 *(a)* | 150000 | 153462 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 08/21/28 *(a)* | 150000 | 153592 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 10/01/28 *(a)* | 150000 | 148446 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 07/01/29 *(a)* | 575000 | 548573 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/15/30 *(a)* | 150000 | 149643 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 06/01/30 *(a)* | 150000 | 135722 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 03/15/31 *(a)* | 75000 | 76710 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 03/02/33 *(a)* | 175000 | 178377 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 08/21/33 *(a)* | 250000 | 254660 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/15/34 *(a)* | 150000 | 150576 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 08/12/34 *(a)* | 150000 | 147075 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 07/01/49 *(a)* | 375000 | 294675 |
| **Flex Ltd.** | **Flex Ltd.** | **Flex Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 01/15/28 *(a)* | 100000 | 102701 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 06/15/29 *(a)* | 100000 | 99718 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 05/12/30 *(a)* | 100000 | 99343 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/15/32 *(a)* | 100000 | 99638 |
| **Fortinet, Inc.** | **Fortinet, Inc.** | **Fortinet, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 03/15/31 *(a)* | 100000 | 87048 |
| **Genpact Luxembourg SARL/Genpact USA, Inc.** | **Genpact Luxembourg SARL/Genpact USA, Inc.** | **Genpact Luxembourg SARL/Genpact USA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 06/04/29 *(a)* | 150000 | 154869 |
| **Global Payments, Inc.** | **Global Payments, Inc.** | **Global Payments, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 01/15/27 *(a)* | 150000 | 144126 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 06/01/28 *(a)* | 100000 | 99138 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 08/15/29 *(a)* | 300000 | 280821 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 08/15/29 *(a)* | 100000 | 100935 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 05/15/30 *(a)* | 225000 | 203996 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 11/15/31 *(a)* | 150000 | 130478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 08/15/32 *(a)* | 150000 | 150711 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 08/15/49 *(a)* | 100000 | 71710 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 08/15/52 *(a)* | 150000 | 139665 |
| **Hewlett Packard Enterprise Co.** | **Hewlett Packard Enterprise Co.** | **Hewlett Packard Enterprise Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 09/25/26  | 200000 | 199724 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 09/25/27 *(a)* | 200000 | 199788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/28 *(a)* | 100000 | 101907 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 10/15/29 *(a)* | 300000 | 297609 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 10/15/31 *(a)* | 250000 | 248032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/15/34 *(a)* | 350000 | 340970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 10/15/35 *(a)* | 150000 | 155887 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 10/15/45 *(a)* | 262000 | 262244 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 10/15/54 *(a)* | 300000 | 280125 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **HP, Inc.** | **HP, Inc.** | **HP, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 06/17/26 *(a)* | 200000 | 193514 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 06/17/27 *(a)* | 200000 | 193548 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 01/15/28 *(a)* | 100000 | 100318 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/15/29 *(a)* | 200000 | 193846 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 06/17/31 *(a)* | 200000 | 173362 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 04/15/32 *(a)* | 150000 | 140367 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/15/33 *(a)* | 150000 | 149589 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 04/25/35 *(a)* | 100000 | 101253 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 09/15/41  | 250000 | 244455 |
| **IBM International Capital Pte. Ltd.** | **IBM International Capital Pte. Ltd.** | **IBM International Capital Pte. Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 02/05/27 *(a)* | 100000 | 100332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 02/05/29 *(a)* | 100000 | 100346 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/05/31 *(a)* | 150000 | 150505 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/05/34 *(a)* | 200000 | 195972 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 02/05/44 *(a)* | 200000 | 188018 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 02/05/54 *(a)* | 150000 | 136647 |
| **Intel Corp.** | **Intel Corp.** | **Intel Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 03/25/27 *(a)* | 225000 | 221821 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 05/11/27 *(a)* | 150000 | 145937 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 08/05/27 *(a)* | 200000 | 196430 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 02/10/28 *(a)* | 300000 | 302511 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.60%, 08/12/28 *(a)* | 200000 | 182282 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 08/05/29 *(a)* | 200000 | 193982 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 11/15/29 *(a)* | 350000 | 316746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 02/10/30 *(a)* | 200000 | 202592 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 03/25/30 *(a)* | 300000 | 287376 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/21/31 *(a)* | 100000 | 100324 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 08/12/31 *(a)* | 300000 | 252975 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 08/05/32 *(a)* | 200000 | 186050 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/15/32  | 150000 | 137838 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 02/10/33 *(a)* | 400000 | 396056 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 02/21/34 *(a)* | 150000 | 147005 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 03/25/40 *(a)* | 150000 | 127467 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 08/12/41 *(a)* | 150000 | 97698 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 10/01/41  | 170000 | 142615 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/15/42  | 100000 | 77372 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 02/10/43 *(a)* | 200000 | 184076 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 07/29/45 *(a)* | 175000 | 144475 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 05/19/46 *(a)* | 250000 | 181630 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 05/11/47 *(a)* | 175000 | 126424 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.73%, 12/08/47 *(a)* | 350000 | 237961 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 11/15/49 *(a)* | 400000 | 244728 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/25/50 *(a)* | 400000 | 315036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 08/12/51 *(a)* | 250000 | 143768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 08/05/52 *(a)* | 300000 | 239460 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 02/10/53 *(a)* | 400000 | 359424 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 02/21/54 *(a)* | 200000 | 177926 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 02/15/60 *(a)* | 160000 | 86344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 03/25/60 *(a)* | 175000 | 136042 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 08/12/61 *(a)* | 100000 | 54819 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 08/05/62 *(a)* | 200000 | 156936 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 02/10/63 *(a)* | 200000 | 181190 |
| **International Business Machines Corp.** | **International Business Machines Corp.** | **International Business Machines Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 01/27/27  | 150000 | 147560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 02/09/27 *(a)* | 150000 | 144723 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 05/15/27 *(a)* | 200000 | 190356 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 07/27/27 *(a)* | 150000 | 149319 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.22%, 08/01/27  | 130000 | 135216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/06/28 *(a)* | 200000 | 201250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 02/10/28 *(a)* | 175000 | 176276 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 05/15/29  | 500000 | 482645 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 02/10/30 *(a)* | 175000 | 176610 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 05/15/30 *(a)* | 200000 | 176462 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.72%, 02/09/32 *(a)* | 100000 | 87904 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/10/32 *(a)* | 175000 | 176360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 07/27/32 *(a)* | 200000 | 193988 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 11/29/32  | 100000 | 106363 |

---

**54**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/06/33 *(a)* | 150000 | 148466 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 02/10/35 *(a)* | 175000 | 174345 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 05/15/39  | 350000 | 301644 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 11/30/39  | 150000 | 150615 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 05/15/40 *(a)* | 100000 | 71925 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/20/42  | 200000 | 162198 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 02/19/46  | 150000 | 128975 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 05/15/49  | 500000 | 395150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 05/15/50 *(a)* | 100000 | 61848 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.43%, 02/09/52 *(a)* | 150000 | 99978 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 07/27/52 *(a)* | 150000 | 129885 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 02/06/53 *(a)* | 150000 | 133857 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 02/10/55 *(a)* | 175000 | 168577 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%, 12/01/96  | 75000 | 88757 |
| **Intuit, Inc.** | **Intuit, Inc.** | **Intuit, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 09/15/26 *(a)* | 200000 | 202240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.35%, 07/15/27 *(a)* | 150000 | 141371 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 09/15/28 *(a)* | 100000 | 102763 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 07/15/30 *(a)* | 100000 | 87374 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 09/15/33 *(a)* | 200000 | 204702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 09/15/53 *(a)* | 225000 | 217849 |
| **Jabil, Inc.** | **Jabil, Inc.** | **Jabil, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 01/15/30 *(a)* | 100000 | 94236 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 01/15/31 *(a)* | 200000 | 179466 |
| **Juniper Networks, Inc.** | **Juniper Networks, Inc.** | **Juniper Networks, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 08/15/29 *(a)* | 100000 | 96482 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 03/15/41  | 100000 | 97358 |
| **Keysight Technologies, Inc.** | **Keysight Technologies, Inc.** | **Keysight Technologies, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 04/06/27 *(a)* | 150000 | 150314 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 10/30/29 *(a)* | 100000 | 93040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 07/30/30 *(a)* | 150000 | 153192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 10/15/34 *(a)* | 100000 | 97404 |
| **KLA Corp.** | **KLA Corp.** | **KLA Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 03/15/29 *(a)* | 100000 | 99279 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 07/15/32 *(a)* | 200000 | 198804 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 02/01/34 *(a)* | 100000 | 98089 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/15/49 *(a)* | 75000 | 67418 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 03/01/50 *(a)* | 100000 | 67790 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 07/15/52 *(a)* | 275000 | 244516 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/15/62 *(a)* | 150000 | 136100 |
| **Kyndryl Holdings, Inc.** | **Kyndryl Holdings, Inc.** | **Kyndryl Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 10/15/26 *(a)* | 150000 | 144707 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 10/15/31 *(a)* | 150000 | 133197 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 02/20/34 *(a)* | 100000 | 105016 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 10/15/41 *(a)* | 100000 | 77205 |
| **Lam Research Corp.** | **Lam Research Corp.** | **Lam Research Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/15/29 *(a)* | 150000 | 147986 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 06/15/30 *(a)* | 200000 | 176416 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/15/49 *(a)* | 150000 | 133121 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 06/15/50 *(a)* | 100000 | 62921 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 06/15/60 *(a)* | 75000 | 44984 |
| **Leidos, Inc.** | **Leidos, Inc.** | **Leidos, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 05/15/30 *(a)* | 150000 | 146279 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 02/15/31 *(a)* | 200000 | 172830 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 03/15/32 *(a)* | 75000 | 75674 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 03/15/33 *(a)* | 100000 | 102854 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/15/35 *(a)* | 100000 | 99876 |
| **Marvell Technology, Inc.** | **Marvell Technology, Inc.** | **Marvell Technology, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 04/15/28 *(a)* | 100000 | 94333 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 06/22/28 *(a)* | 100000 | 100444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 02/15/29 *(a)* | 100000 | 103373 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 04/15/31 *(a)* | 100000 | 89421 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 09/15/33 *(a)* | 100000 | 103439 |
| **Mastercard, Inc.** | **Mastercard, Inc.** | **Mastercard, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 11/21/26 *(a)* | 150000 | 147507 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 03/26/27 *(a)* | 150000 | 148050 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 01/15/28 *(a)* | 150000 | 150183 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 02/26/28 *(a)* | 100000 | 98595 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/09/28 *(a)* | 150000 | 153090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 03/15/28 *(a)* | 75000 | 75945 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 06/01/29 *(a)* | 150000 | 143085 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 03/26/30 *(a)* | 300000 | 287043 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 03/15/31 *(a)* | 75000 | 65584 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 11/18/31 *(a)* | 100000 | 86131 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 01/15/32 *(a)* | 200000 | 197224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 03/15/32 *(a)* | 95000 | 96844 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 03/09/33 *(a)* | 150000 | 151084 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 05/09/34 *(a)* | 225000 | 224638 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 01/15/35 *(a)* | 225000 | 218367 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 11/21/46 *(a)* | 100000 | 77712 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 02/26/48 *(a)* | 100000 | 79135 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 06/01/49 *(a)* | 250000 | 186107 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 03/26/50 *(a)* | 275000 | 211370 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 03/15/51 *(a)* | 150000 | 95648 |
| **Microchip Technology, Inc.** | **Microchip Technology, Inc.** | **Microchip Technology, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/15/28  | 175000 | 175695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/15/29 *(a)* | 150000 | 151134 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 02/15/30 *(a)* | 175000 | 175646 |
| **Micron Technology, Inc.** | **Micron Technology, Inc.** | **Micron Technology, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 04/15/28 *(a)* | 200000 | 204142 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.33%, 02/06/29 *(a)* | 100000 | 101514 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 11/01/29 *(a)* | 200000 | 213964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.66%, 02/15/30 *(a)* | 150000 | 148082 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 01/15/31 *(a)* | 150000 | 150928 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 04/15/32 *(a)* | 200000 | 170558 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 11/01/32 *(a)* | 75000 | 76197 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 02/09/33 *(a)* | 150000 | 153607 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 09/15/33 *(a)* | 100000 | 102685 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 01/15/35 *(a)* | 200000 | 201762 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 11/01/35 *(a)* | 200000 | 203992 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.37%, 11/01/41 *(a)* | 100000 | 71248 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.48%, 11/01/51 *(a)* | 100000 | 65736 |
| **Microsoft Corp.** | **Microsoft Corp.** | **Microsoft Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 08/08/26 *(a)* | 750000 | 735465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 09/15/26 *(a)* | 150000 | 148761 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 02/06/27 *(a)* | 750000 | 741510 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 06/15/27 *(a)* | 75000 | 74276 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.35%, 09/15/30 *(a)* | 100000 | 86727 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 02/12/35 *(a)* | 250000 | 230740 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 11/03/35 *(a)* | 150000 | 146279 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 08/08/36 *(a)* | 350000 | 309869 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 02/06/37 *(a)* | 150000 | 141498 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 06/01/39  | 75000 | 77599 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 10/01/40  | 100000 | 95282 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 02/08/41  | 100000 | 104107 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 11/15/42  | 75000 | 60396 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 02/12/45 *(a)* | 100000 | 82869 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 11/03/45 *(a)* | 175000 | 158191 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 08/08/46 *(a)* | 349000 | 277539 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 02/06/47 *(a)* | 200000 | 176464 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 06/15/47 *(a)* | 100000 | 89351 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.53%, 06/01/50 *(a)* | 1150000 | 699959 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 09/15/50 *(a)* | 250000 | 150652 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.92%, 03/17/52 *(a)* | 1125000 | 733522 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/12/55 *(a)* | 100000 | 79368 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 08/08/56 *(a)* | 50000 | 39115 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/06/57 *(a)* | 150000 | 132468 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.68%, 06/01/60 *(a)* | 729000 | 422558 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.04%, 03/17/62 *(a)* | 345000 | 217747 |
| **Moody's Corp.** | **Moody's Corp.** | **Moody's Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 01/15/28 *(a)* | 100000 | 97591 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 02/01/29 *(a)* | 75000 | 74563 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 08/19/31 *(a)* | 200000 | 171154 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/05/34 *(a)* | 100000 | 99462 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 08/19/41 *(a)* | 100000 | 68452 |

---

**55**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/15/44  | 100000 | 92932 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 12/17/48 *(a)* | 100000 | 87303 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/20/50 *(a)* | 100000 | 65244 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 02/25/52 *(a)* | 50000 | 36276 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 11/29/61 *(a)* | 100000 | 59903 |
| **Motorola Solutions, Inc.** | **Motorola Solutions, Inc.** | **Motorola Solutions, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 02/23/28 *(a)* | 150000 | 150269 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/15/29 *(a)* | 50000 | 50560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 05/23/29 *(a)* | 150000 | 149840 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 11/15/30 *(a)* | 175000 | 153863 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 05/24/31 *(a)* | 150000 | 132998 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 06/01/32 *(a)* | 100000 | 102847 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 04/15/34 *(a)* | 200000 | 200958 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 09/01/44  | 50000 | 47496 |
| **NetApp, Inc.** | **NetApp, Inc.** | **NetApp, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 06/22/27 *(a)* | 150000 | 143418 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 06/22/30 *(a)* | 100000 | 90111 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/17/32 *(a)* | 100000 | 101358 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 03/17/35 *(a)* | 100000 | 100600 |
| **Nokia OYJ** | **Nokia OYJ** | **Nokia OYJ** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 06/12/27  | 100000 | 99374 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 05/15/39  | 100000 | 101828 |
| **NVIDIA Corp.** | **NVIDIA Corp.** | **NVIDIA Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 09/16/26 *(a)* | 200000 | 197766 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.55%, 06/15/28 *(a)* | 200000 | 185936 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 04/01/30 *(a)* | 250000 | 235270 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 06/15/31 *(a)* | 225000 | 197446 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/01/40 *(a)* | 200000 | 164792 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/01/50 *(a)* | 425000 | 311767 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 04/01/60 *(a)* | 100000 | 71844 |
| **NXP BV/NXP Funding LLC** | **NXP BV/NXP Funding LLC** | **NXP BV/NXP Funding LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 12/01/28 *(a)* | 100000 | 102518 |
| **NXP BV/NXP Funding LLC/NXP USA, Inc.** | **NXP BV/NXP Funding LLC/NXP USA, Inc.** | **NXP BV/NXP Funding LLC/NXP USA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 06/18/26 *(a)* | 150000 | 148878 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 05/01/27 *(a)* | 100000 | 97445 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 06/01/27 *(a)* | 100000 | 99887 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 06/18/29 *(a)* | 150000 | 147177 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 05/01/30 *(a)* | 200000 | 186852 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 05/11/31 *(a)* | 200000 | 173154 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 02/15/32 *(a)* | 200000 | 170572 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/15/33 *(a)* | 200000 | 195224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/11/41 *(a)* | 175000 | 124653 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 02/15/42 *(a)* | 100000 | 68995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 11/30/51 *(a)* | 100000 | 62130 |
| **Oracle Corp.** | **Oracle Corp.** | **Oracle Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 07/15/26 *(a)* | 575000 | 562856 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 04/01/27 *(a)* | 400000 | 388652 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 11/15/27 *(a)* | 500000 | 486460 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 03/25/28 *(a)* | 350000 | 330718 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/06/28 *(a)* | 200000 | 200966 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 08/03/28 *(a)* | 300000 | 303150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 09/27/29 *(a)* | 300000 | 295662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 11/09/29 *(a)* | 250000 | 265535 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 04/01/30 *(a)* | 600000 | 555924 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 05/06/30 *(a)* | 150000 | 150216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/15/30 *(a)* | 150000 | 140625 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 03/25/31 *(a)* | 500000 | 451205 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 02/03/32 *(a)* | 200000 | 203044 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 11/09/32 *(a)* | 400000 | 427064 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/06/33 *(a)* | 250000 | 246700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 07/08/34 *(a)* | 300000 | 279366 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 09/27/34 *(a)* | 300000 | 286332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 05/15/35 *(a)* | 250000 | 222005 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 08/03/35 *(a)* | 350000 | 351893 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 07/15/36 *(a)* | 200000 | 172482 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 11/15/37 *(a)* | 300000 | 250413 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 04/15/38  | 275000 | 293015 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 07/08/39  | 250000 | 256805 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 04/01/40 *(a)* | 550000 | 429792 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 07/15/40  | 400000 | 379168 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 03/25/41 *(a)* | 400000 | 307200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/08/44 *(a)* | 205000 | 169049 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 05/15/45 *(a)* | 350000 | 270273 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/15/46 *(a)* | 545000 | 409159 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/15/47 *(a)* | 400000 | 297736 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 04/01/50 *(a)* | 875000 | 594431 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 03/25/51 *(a)* | 600000 | 430266 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.90%, 11/09/52 *(a)* | 450000 | 486198 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 02/06/53 *(a)* | 400000 | 366288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 09/27/54 *(a)* | 300000 | 266640 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 05/15/55 *(a)* | 225000 | 170768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 08/03/55 *(a)* | 350000 | 339762 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 04/01/60 *(a)* | 650000 | 433374 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 03/25/61 *(a)* | 275000 | 192241 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 09/27/64 *(a)* | 225000 | 198250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 08/03/65 *(a)* | 200000 | 194276 |
| **Paychex, Inc.** | **Paychex, Inc.** | **Paychex, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 04/15/30 *(a)* | 250000 | 253470 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 04/15/32 *(a)* | 250000 | 253810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 04/15/35 *(a)* | 200000 | 203486 |
| **PayPal Holdings, Inc.** | **PayPal Holdings, Inc.** | **PayPal Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 10/01/26 *(a)* | 200000 | 195842 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 06/01/27 *(a)* | 100000 | 99341 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 10/01/29 *(a)* | 300000 | 280758 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 06/01/30 *(a)* | 200000 | 180130 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 06/01/32 *(a)* | 200000 | 195062 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 06/01/34 *(a)* | 150000 | 149837 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 04/01/35 *(a)* | 100000 | 98690 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/01/50 *(a)* | 150000 | 98259 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 06/01/52 *(a)* | 200000 | 178034 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/01/54 *(a)* | 75000 | 70871 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/01/62 *(a)* | 125000 | 110498 |
| **Qorvo, Inc.** | **Qorvo, Inc.** | **Qorvo, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 10/15/29 *(a)* | 200000 | 192240 |
| **QUALCOMM, Inc.** | **QUALCOMM, Inc.** | **QUALCOMM, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/20/27 *(a)* | 350000 | 344267 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 05/20/28 *(a)* | 117000 | 107936 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 05/20/30 *(a)* | 200000 | 180106 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/20/30 *(a)* | 100000 | 100231 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 05/20/32 *(a)* | 208000 | 170610 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 05/20/32 *(a)* | 100000 | 97851 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 05/20/32 *(a)* | 100000 | 99905 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 05/20/33 *(a)* | 150000 | 156342 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 05/20/35 *(a)* | 175000 | 171684 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/20/35 *(a)* | 100000 | 99381 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 05/20/45 *(a)* | 250000 | 222932 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 05/20/47 *(a)* | 300000 | 245652 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/20/50 *(a)* | 175000 | 117528 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/20/52 *(a)* | 200000 | 164802 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 05/20/53 *(a)* | 225000 | 231293 |
| **RELX Capital, Inc.** | **RELX Capital, Inc.** | **RELX Capital, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/18/29 *(a)* | 150000 | 148074 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/27/30 *(a)* | 150000 | 151357 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/22/30 *(a)* | 175000 | 163369 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 05/20/32 *(a)* | 100000 | 99345 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/27/35 *(a)* | 100000 | 100511 |
| **Roper Technologies, Inc.** | **Roper Technologies, Inc.** | **Roper Technologies, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 12/15/26 *(a)* | 150000 | 148686 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.40%, 09/15/27 *(a)* | 150000 | 140201 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 09/15/28 *(a)* | 150000 | 148994 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 09/15/29 *(a)* | 100000 | 93590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 10/15/29 *(a)* | 100000 | 99496 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 06/30/30 *(a)* | 100000 | 87956 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 02/15/31 *(a)* | 200000 | 169546 |

---

**56**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/15/32 *(a)* | 100000 | 98906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 10/15/34 *(a)* | 200000 | 194454 |
| **S&P Global, Inc.** | **S&P Global, Inc.** | **S&P Global, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 01/22/27 *(a)* | 100000 | 98048 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 03/01/27 *(a)* | 200000 | 194014 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 08/01/28 *(a)* | 150000 | 151524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 03/01/29 *(a)* | 250000 | 235595 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 05/01/29 *(a)* | 175000 | 173964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 12/01/29 *(a)* | 100000 | 92292 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 08/15/30 *(a)* | 50000 | 42646 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 03/01/32 *(a)* | 300000 | 269142 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 09/15/33 *(a)* | 150000 | 153928 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 12/01/49 *(a)* | 100000 | 69215 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/01/52 *(a)* | 150000 | 110984 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 08/15/60 *(a)* | 100000 | 49605 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 03/01/62 *(a)* | 100000 | 72810 |
| **Salesforce, Inc.** | **Salesforce, Inc.** | **Salesforce, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 04/11/28 *(a)* | 300000 | 296736 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 07/15/28 *(a)* | 150000 | 138536 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 07/15/31 *(a)* | 300000 | 259977 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 07/15/41 *(a)* | 250000 | 174990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 07/15/51 *(a)* | 350000 | 217969 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 07/15/61 *(a)* | 200000 | 118126 |
| **ServiceNow, Inc.** | **ServiceNow, Inc.** | **ServiceNow, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.40%, 09/01/30 *(a)* | 300000 | 256734 |
| **Skyworks Solutions, Inc.** | **Skyworks Solutions, Inc.** | **Skyworks Solutions, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 06/01/26 *(a)* | 100000 | 96857 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 06/01/31 *(a)* | 100000 | 86973 |
| **Synopsys, Inc.** | **Synopsys, Inc.** | **Synopsys, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 04/01/27  | 175000 | 175292 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 04/01/28 *(a)* | 175000 | 176106 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 04/01/30 *(a)* | 350000 | 353104 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/32 *(a)* | 275000 | 275503 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 04/01/35 *(a)* | 400000 | 396320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 04/01/55 *(a)* | 350000 | 334852 |
| **TD SYNNEX Corp.** | **TD SYNNEX Corp.** | **TD SYNNEX Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 08/09/26 *(a)* | 150000 | 144437 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 08/09/28 *(a)* | 100000 | 92874 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 08/09/31 *(a)* | 100000 | 84897 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 04/12/34 *(a)* | 100000 | 102756 |
| **Teledyne FLIR LLC** | **Teledyne FLIR LLC** | **Teledyne FLIR LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 08/01/30 *(a)* | 150000 | 134204 |
| **Tencent Music Entertainment Group** | **Tencent Music Entertainment Group** | **Tencent Music Entertainment Group** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 09/03/30 *(a)* | 200000 | 175436 |
| **Texas Instruments, Inc.** | **Texas Instruments, Inc.** | **Texas Instruments, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 09/15/26 *(a)* | 50000 | 48109 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 02/08/27 *(a)* | 125000 | 125834 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 11/03/27 *(a)* | 75000 | 72914 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 02/15/28 *(a)* | 150000 | 151809 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 02/08/29 *(a)* | 125000 | 126454 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 09/04/29 *(a)* | 100000 | 92123 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 05/04/30 *(a)* | 100000 | 88434 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/23/30 *(a)* | 100000 | 100329 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 09/15/31 *(a)* | 100000 | 86112 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 08/16/32 *(a)* | 100000 | 93445 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/14/33 *(a)* | 200000 | 201984 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 02/08/34 *(a)* | 100000 | 100075 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 05/23/35 *(a)* | 100000 | 100496 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 03/15/39 *(a)* | 150000 | 129875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 05/15/48 *(a)* | 300000 | 240378 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 09/15/51 *(a)* | 100000 | 59184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 08/16/52 *(a)* | 75000 | 57678 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/14/53 *(a)* | 100000 | 89705 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 02/08/54 *(a)* | 150000 | 137480 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 05/18/63 *(a)* | 300000 | 265155 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **TR Finance LLC** | **TR Finance LLC** | **TR Finance LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 08/15/35  | 100000 | 99179 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 04/15/40  | 100000 | 100844 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 11/23/43 *(a)* | 75000 | 70539 |
| **Trimble, Inc.** | **Trimble, Inc.** | **Trimble, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 06/15/28 *(a)* | 100000 | 100961 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 03/15/33 *(a)* | 150000 | 156772 |
| **TSMC Arizona Corp.** | **TSMC Arizona Corp.** | **TSMC Arizona Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 10/25/26 *(a)* | 250000 | 240780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 04/22/27 *(a)* | 200000 | 197998 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 04/22/29 *(a)* | 200000 | 197812 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 10/25/31 *(a)* | 250000 | 221082 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 04/22/32 *(a)* | 200000 | 194598 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 10/25/41 *(a)* | 250000 | 190207 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/22/52 *(a)(c)* | 200000 | 176390 |
| **Tyco Electronics Group SA** | **Tyco Electronics Group SA** | **Tyco Electronics Group SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 08/15/27 *(a)* | 100000 | 97282 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/09/31 *(a)* | 100000 | 98671 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 02/04/32 *(a)* | 100000 | 86291 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/09/35 *(a)* | 100000 | 97824 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%, 10/01/37  | 100000 | 114212 |
| **VeriSign, Inc.** | **VeriSign, Inc.** | **VeriSign, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 07/15/27 *(a)* | 150000 | 149876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 06/15/31 *(a)* | 100000 | 88025 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/01/32 *(a)* | 100000 | 100855 |
| **Verisk Analytics, Inc.** | **Verisk Analytics, Inc.** | **Verisk Analytics, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/15/29 *(a)* | 150000 | 147782 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 04/01/33 *(a)* | 100000 | 104117 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/05/34 *(a)* | 100000 | 100408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/15/35 *(a)* | 125000 | 123908 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/15/45 *(a)* | 50000 | 47004 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 05/15/50 *(a)* | 100000 | 69623 |
| **Visa, Inc.** | **Visa, Inc.** | **Visa, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 04/15/27 *(a)* | 300000 | 288474 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 08/15/27 *(a)* | 150000 | 140054 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 09/15/27 *(a)* | 150000 | 145820 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 04/15/30 *(a)* | 300000 | 270906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.10%, 02/15/31 *(a)* | 200000 | 169176 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 12/14/35 *(a)* | 180000 | 169596 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 04/15/40 *(a)* | 150000 | 111471 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 12/14/45 *(a)* | 670000 | 572140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 09/15/47 *(a)* | 100000 | 76411 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 08/15/50 *(a)* | 250000 | 133710 |
| **VMware LLC** | **VMware LLC** | **VMware LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.40%, 08/15/26 *(a)* | 250000 | 240757 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 05/15/27 *(a)* | 125000 | 125226 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 08/21/27 *(a)* | 200000 | 197350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 08/15/28 *(a)* | 200000 | 183214 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 05/15/30 *(a)* | 150000 | 149252 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 08/15/31 *(a)* | 250000 | 213597 |
| **Western Digital Corp.** | **Western Digital Corp.** | **Western Digital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 02/01/29 *(a)* | 100000 | 91505 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 02/01/32 *(a)* | 100000 | 86602 |
| **Western Union Co.** | **Western Union Co.** | **Western Union Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 11/17/36  | 100000 | 101050 |
| **Workday, Inc.** | **Workday, Inc.** | **Workday, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/01/27 *(a)* | 200000 | 196668 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 04/01/29 *(a)* | 150000 | 145323 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 04/01/32 *(a)* | 225000 | 208865 |
| **Xilinx, Inc.** | **Xilinx, Inc.** | **Xilinx, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 06/01/30 *(a)* | 200000 | 181664 |
|  |  | **122344825** |
| ***Transportation 0.5%***  | ***Transportation 0.5%***  | ***Transportation 0.5%***  |
| **American Airlines 2012-1 Class AA Pass-Through Trust** | **American Airlines 2012-1 Class AA Pass-Through Trust** | **American Airlines 2012-1 Class AA Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 01/11/36  | 129891 | 113011 |

---

**57**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **American Airlines 2015-2 Class AA Pass-Through Trust** | **American Airlines 2015-2 Class AA Pass-Through Trust** | **American Airlines 2015-2 Class AA Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 03/22/29  | 114723 | 110904 |
| **American Airlines 2016-1 Class AA Pass-Through Trust** | **American Airlines 2016-1 Class AA Pass-Through Trust** | **American Airlines 2016-1 Class AA Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.58%, 07/15/29  | 119134 | 114562 |
| **American Airlines 2016-2 Class AA Pass-Through Trust** | **American Airlines 2016-2 Class AA Pass-Through Trust** | **American Airlines 2016-2 Class AA Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 12/15/29  | 122753 | 116193 |
| **American Airlines 2017-1 Class AA Pass-Through Trust** | **American Airlines 2017-1 Class AA Pass-Through Trust** | **American Airlines 2017-1 Class AA Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 08/15/30  | 92250 | 88435 |
| **American Airlines 2019-1 Class AA Pass-Through Trust** | **American Airlines 2019-1 Class AA Pass-Through Trust** | **American Airlines 2019-1 Class AA Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 08/15/33  | 87445 | 79442 |
| **Burlington Northern Santa Fe LLC** | **Burlington Northern Santa Fe LLC** | **Burlington Northern Santa Fe LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/15/27 *(a)* | 100000 | 98395 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 08/15/36  | 50000 | 54408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 05/01/37  | 100000 | 107111 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 05/01/40 *(a)* | 100000 | 102140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/01/41 *(a)* | 100000 | 94259 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 06/01/41 *(a)* | 100000 | 97176 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 09/15/41 *(a)* | 100000 | 92398 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 03/15/42 *(a)* | 100000 | 86407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 09/01/42 *(a)* | 150000 | 128268 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 03/15/43 *(a)* | 200000 | 172564 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 09/01/43 *(a)* | 100000 | 94572 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 04/01/44 *(a)* | 175000 | 160113 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 09/01/44 *(a)* | 165000 | 143020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 04/01/45 *(a)* | 250000 | 204697 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 09/01/45 *(a)* | 100000 | 87882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 08/01/46 *(a)* | 100000 | 78037 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 06/15/47 *(a)* | 100000 | 80457 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 06/15/48 *(a)* | 150000 | 118415 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 12/15/48 *(a)* | 200000 | 160240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 02/15/50 *(a)* | 100000 | 71800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 02/15/51 *(a)* | 100000 | 64593 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 09/15/51 *(a)* | 200000 | 134998 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 06/15/52 *(a)* | 150000 | 92024 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 01/15/53 *(a)* | 200000 | 165488 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 04/15/54 *(a)* | 300000 | 277806 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/15/55 *(a)* | 200000 | 193866 |
| **Canadian National Railway Co.** | **Canadian National Railway Co.** | **Canadian National Railway Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.90%, 07/15/28  | 150000 | 161304 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 08/05/32 *(a)* | 150000 | 140325 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 11/01/33 *(a)* | 100000 | 105280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 09/18/34 *(a)* | 150000 | 142252 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 06/01/36  | 150000 | 160804 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 08/02/46 *(a)* | 150000 | 104318 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 02/03/48 *(a)* | 100000 | 74326 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 01/20/49 *(a)* | 150000 | 126279 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 05/01/50 *(a)* | 200000 | 114302 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 08/05/52 *(a)* | 100000 | 82319 |
| **Canadian Pacific Railway Co.** | **Canadian Pacific Railway Co.** | **Canadian Pacific Railway Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 12/02/26 *(a)* | 100000 | 96161 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/28 *(a)* | 100000 | 98989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 11/15/29 *(a)* | 100000 | 93110 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 03/05/30 *(a)* | 100000 | 89169 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%, 10/15/31  | 75000 | 83610 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 12/02/31 *(a)* | 300000 | 260007 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 09/15/35 *(a)* | 50000 | 48003 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 05/15/37  | 100000 | 103657 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 12/02/41 *(a)* | 200000 | 142214 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 05/15/43 *(a)* | 100000 | 84057 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 08/01/45 *(a)* | 100000 | 87468 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 08/15/45 *(a)* | 100000 | 89209 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 05/01/48 *(a)* | 75000 | 63857 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 05/01/50 *(a)* | 100000 | 69213 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 12/02/51 *(a)* | 325000 | 208523 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 11/15/69 *(a)* | 100000 | 72193 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 09/15/15 *(a)* | 200000 | 195606 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **CH Robinson Worldwide, Inc.** | **CH Robinson Worldwide, Inc.** | **CH Robinson Worldwide, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 04/15/28 *(a)* | 150000 | 147637 |
| **CSX Corp.** | **CSX Corp.** | **CSX Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 11/01/26 *(a)* | 100000 | 97517 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/01/27 *(a)* | 150000 | 146970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 03/01/28 *(a)* | 200000 | 197368 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/15/29 *(a)* | 150000 | 149112 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 02/15/30 *(a)* | 100000 | 91384 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 11/15/32 *(a)* | 150000 | 143020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 11/15/33 *(a)* | 150000 | 152340 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 10/01/36  | 75000 | 79028 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 05/01/37  | 150000 | 159123 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.22%, 04/30/40  | 100000 | 105657 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 04/15/41 *(a)* | 100000 | 97800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 05/30/42 *(a)* | 150000 | 133885 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 03/15/44 *(a)* | 200000 | 162020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 11/01/46 *(a)* | 100000 | 75755 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 03/01/48 *(a)* | 100000 | 80936 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 11/15/48 *(a)* | 100000 | 86403 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/15/49 *(a)* | 150000 | 124566 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 09/15/49 *(a)* | 100000 | 68062 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 04/15/50 *(a)* | 100000 | 73961 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 05/01/50 *(a)* | 100000 | 75914 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 05/15/51 *(a)* | 100000 | 56346 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 11/15/52 *(a)* | 175000 | 144107 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 08/01/54 *(a)* | 100000 | 81593 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/15/55 *(a)* | 100000 | 87284 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 11/01/66 *(a)* | 100000 | 74599 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 03/01/68 *(a)* | 125000 | 99685 |
| **Delta Air Lines 2020-1 Class AA Pass-Through Trust** | **Delta Air Lines 2020-1 Class AA Pass-Through Trust** | **Delta Air Lines 2020-1 Class AA Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 12/10/29  | 73093 | 68747 |
| **Delta Air Lines, Inc.** | **Delta Air Lines, Inc.** | **Delta Air Lines, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 04/19/28 *(a)* | 75000 | 74197 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 10/28/29 *(a)* | 175000 | 164941 |
| **Federal Express Corp. Pass-Through Trusts** | **Federal Express Corp. Pass-Through Trusts** | **Federal Express Corp. Pass-Through Trusts** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 08/20/35  | 189843 | 160719 |
| **FedEx Corp.** | **FedEx Corp.** | **FedEx Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 02/15/28 *(a)(d)* | 150000 | 145170 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 08/05/29 *(a)(d)* | 200000 | 187444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 05/15/30 *(a)(d)* | 150000 | 145722 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 05/15/31 *(a)(d)* | 150000 | 129349 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 01/15/34 *(d)* | 75000 | 71118 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 02/01/35 *(d)* | 50000 | 43631 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/15/41 *(a)(d)* | 100000 | 69348 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 08/01/42 *(d)* | 75000 | 55532 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 04/15/43 *(d)* | 100000 | 76046 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 01/15/44 *(d)* | 75000 | 64032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 02/01/45 *(d)* | 150000 | 111389 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 11/15/45 *(a)(d)* | 125000 | 102025 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 04/01/46 *(a)(d)* | 225000 | 178751 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 01/15/47 *(a)(d)* | 100000 | 76623 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 02/15/48 *(a)(d)* | 150000 | 107898 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 10/17/48 *(a)(d)* | 150000 | 122888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/15/50 *(a)(d)* | 225000 | 193981 |
| **GXO Logistics, Inc.** | **GXO Logistics, Inc.** | **GXO Logistics, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 07/15/26 *(a)* | 75000 | 72261 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 05/06/29 *(a)* | 100000 | 102575 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 07/15/31 *(a)* | 100000 | 84776 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 05/06/34 *(a)* | 75000 | 76817 |
| **JB Hunt Transport Services, Inc.** | **JB Hunt Transport Services, Inc.** | **JB Hunt Transport Services, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/15/30 *(a)* | 150000 | 150999 |
| **JetBlue 2019-1 Class AA Pass-Through Trust** | **JetBlue 2019-1 Class AA Pass-Through Trust** | **JetBlue 2019-1 Class AA Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 11/15/33  | 74395 | 63913 |
| **JetBlue 2020-1 Class A Pass-Through Trust** | **JetBlue 2020-1 Class A Pass-Through Trust** | **JetBlue 2020-1 Class A Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/15/34  | 70553 | 64777 |
| **Kirby Corp.** | **Kirby Corp.** | **Kirby Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/01/28 *(a)* | 100000 | 98437 |

---

**58**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Norfolk Southern Corp.** | **Norfolk Southern Corp.** | **Norfolk Southern Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 06/15/26 *(a)* | 200000 | 196934 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 06/01/27 *(a)* | 50000 | 48826 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 08/01/28 *(a)* | 150000 | 147607 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 11/01/29 *(a)* | 100000 | 91935 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 08/01/30 *(a)* | 100000 | 102344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 03/15/32 *(a)* | 100000 | 89430 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 03/01/33 *(a)* | 100000 | 96271 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 03/15/34 *(a)* | 75000 | 77277 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.84%, 10/01/41  | 100000 | 89688 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 10/01/42 *(a)* | 130000 | 103541 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 06/15/45 *(a)* | 150000 | 124999 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 01/15/46 *(a)* | 150000 | 128185 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.94%, 11/01/47 *(a)* | 125000 | 94948 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 02/28/48 *(a)* | 100000 | 78386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 05/15/49 *(a)* | 100000 | 76876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 11/01/49 *(a)* | 100000 | 68122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 05/15/50 *(a)* | 100000 | 63662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 08/25/51 *(a)* | 100000 | 61035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 08/15/52 *(a)* | 150000 | 113109 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/15/53 *(a)* | 75000 | 52907 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 06/01/53 *(a)* | 150000 | 123072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 08/01/54 *(a)* | 200000 | 187256 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.16%, 05/15/55 *(a)* | 125000 | 77573 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 03/15/64 *(a)* | 100000 | 99513 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 08/01/18 *(a)* | 50000 | 41444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 05/15/21 *(a)* | 100000 | 67301 |
| **Ryder System, Inc.** | **Ryder System, Inc.** | **Ryder System, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 12/01/26 *(a)* | 100000 | 97411 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 03/01/27 *(a)* | 100000 | 96950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 03/15/27 *(a)* | 75000 | 75944 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 03/01/28 *(a)* | 100000 | 102771 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/01/28 *(a)* | 100000 | 101962 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.30%, 12/01/28 *(a)* | 100000 | 105063 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 03/15/29 *(a)* | 100000 | 102333 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/01/29 *(a)* | 75000 | 76971 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 09/01/29 *(a)* | 75000 | 75247 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 12/01/29 *(a)* | 75000 | 75174 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/15/30 *(a)* | 75000 | 75278 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.60%, 12/01/33 *(a)* | 100000 | 108130 |
| **Southwest Airlines Co.** | **Southwest Airlines Co.** | **Southwest Airlines Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 11/15/26 *(a)* | 95000 | 92639 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 06/15/27 *(a)* | 300000 | 301914 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 11/16/27 *(a)* | 100000 | 96849 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 02/10/30 *(a)* | 75000 | 67510 |
| **Triton Container International Ltd./TAL International Container Corp.** | **Triton Container International Ltd./TAL International Container Corp.** | **Triton Container International Ltd./TAL International Container Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/15/32 *(a)* | 100000 | 84778 |
| **Union Pacific Corp.** | **Union Pacific Corp.** | **Union Pacific Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 04/15/27 *(a)* | 100000 | 97775 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 09/10/28 *(a)* | 250000 | 247692 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/01/29 *(a)* | 150000 | 147126 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 02/05/30 *(a)* | 200000 | 182952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 05/20/31 *(a)* | 200000 | 177664 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 02/14/32 *(a)* | 250000 | 222522 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/20/33 *(a)* | 200000 | 195942 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 02/01/35 *(a)* | 75000 | 65912 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 02/20/35 *(a)* | 175000 | 175562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.89%, 04/06/36 *(a)* | 150000 | 122199 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 09/15/37 *(a)* | 150000 | 127854 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 08/15/39 *(a)* | 100000 | 81775 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 05/20/41 *(a)* | 200000 | 149300 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 02/14/42 *(a)* | 75000 | 56676 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 11/15/45 *(a)* | 75000 | 59808 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 03/01/46 *(a)* | 150000 | 119321 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 08/15/46 *(a)* | 75000 | 52822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/15/47 *(a)* | 75000 | 58658 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 09/10/48 *(a)* | 100000 | 83345 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 03/01/49 *(a)* | 100000 | 80900 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 02/05/50 *(a)* | 350000 | 235648 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 10/01/51 *(a)* | 150000 | 109976 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 03/10/52 *(a)* | 100000 | 61938 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 09/09/52 *(a)* | 150000 | 134071 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 02/14/53 *(a)* | 250000 | 172385 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 05/15/53 *(a)* | 100000 | 89031 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 12/01/54 *(a)* | 175000 | 169853 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 02/01/55 *(a)* | 50000 | 36310 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 08/15/59 *(a)* | 100000 | 71602 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.84%, 03/20/60 *(a)* | 350000 | 245168 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 05/20/61 *(a)* | 100000 | 64939 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.97%, 09/16/62 *(a)* | 150000 | 84651 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 01/20/63 *(a)* | 100000 | 88792 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 09/15/67 *(a)* | 100000 | 71958 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 02/05/70 *(a)* | 125000 | 82709 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 04/06/71 *(a)* | 150000 | 99663 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 02/14/72 *(a)* | 100000 | 67470 |
| **United Airlines 2014-2 Class A Pass-Through Trust** | **United Airlines 2014-2 Class A Pass-Through Trust** | **United Airlines 2014-2 Class A Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 03/03/28  | 70824 | 69832 |
| **United Airlines 2016-1 Class AA Pass-Through Trust** | **United Airlines 2016-1 Class AA Pass-Through Trust** | **United Airlines 2016-1 Class AA Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 01/07/30  | 90638 | 85841 |
| **United Airlines 2016-2 Class AA Pass-Through Trust** | **United Airlines 2016-2 Class AA Pass-Through Trust** | **United Airlines 2016-2 Class AA Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 04/07/30  | 62362 | 58309 |
| **United Airlines 2018-1 Class AA Pass-Through Trust** | **United Airlines 2018-1 Class AA Pass-Through Trust** | **United Airlines 2018-1 Class AA Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 09/01/31  | 102044 | 95434 |
| **United Airlines 2019-1 Class AA Pass-Through Trust** | **United Airlines 2019-1 Class AA Pass-Through Trust** | **United Airlines 2019-1 Class AA Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 02/25/33  | 65759 | 62240 |
| **United Airlines 2019-2 Class AA Pass-Through Trust** | **United Airlines 2019-2 Class AA Pass-Through Trust** | **United Airlines 2019-2 Class AA Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 11/01/33  | 75689 | 66836 |
| **United Airlines 2020-1 Class A Pass-Through Trust** | **United Airlines 2020-1 Class A Pass-Through Trust** | **United Airlines 2020-1 Class A Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 04/15/29  | 198748 | 202019 |
| **United Airlines 2023-1 Class A Pass-Through Trust** | **United Airlines 2023-1 Class A Pass-Through Trust** | **United Airlines 2023-1 Class A Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 07/15/37  | 286594 | 286852 |
| **United Airlines Pass-Through Trust** | **United Airlines Pass-Through Trust** | **United Airlines Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 08/15/38  | 148695 | 147404 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 08/15/38  | 74347 | 72727 |
| **United Parcel Service, Inc.** | **United Parcel Service, Inc.** | **United Parcel Service, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 11/15/26 *(a)* | 100000 | 97438 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 11/15/27 *(a)* | 250000 | 243672 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 03/15/29 *(a)* | 100000 | 96804 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 09/01/29 *(a)* | 75000 | 69513 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 04/01/30 *(a)* | 150000 | 150637 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 10/15/30 *(a)* | 100000 | 100469 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/03/33 *(a)* | 150000 | 150165 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 05/22/34 *(a)* | 150000 | 151447 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/14/35 *(a)* | 200000 | 200246 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 01/15/38  | 295000 | 314750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 04/01/40 *(a)* | 100000 | 95473 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 11/15/40 *(a)* | 100000 | 91981 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 10/01/42  | 75000 | 56939 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 11/15/46 *(a)* | 100000 | 70074 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 11/15/47 *(a)* | 225000 | 165771 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/15/49 *(a)* | 100000 | 78768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 09/01/49 *(a)* | 100000 | 67867 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 04/01/50 *(a)* | 225000 | 207094 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/03/53 *(a)* | 200000 | 176542 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 05/22/54 *(a)* | 225000 | 212524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 05/14/55 *(a)* | 200000 | 199148 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 05/22/64 *(a)* | 100000 | 93303 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 05/14/65 *(a)* | 200000 | 199248 |
|  |  | **26004915** |
|  |  | **725089624** |

---

**59**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Utility 2.3%** | **Utility 2.3%** | **Utility 2.3%** |
| ***Electric 2.1%***  | ***Electric 2.1%***  | ***Electric 2.1%***  |
| **AEP Texas, Inc.** | **AEP Texas, Inc.** | **AEP Texas, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 06/01/28 *(a)* | 100000 | 98009 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 05/15/29 *(a)* | 100000 | 102422 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 07/01/30 *(a)* | 175000 | 153223 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 05/15/34 *(a)* | 100000 | 100412 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 10/01/47 *(a)* | 75000 | 53309 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 05/01/49 *(a)* | 100000 | 73334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 05/15/51 *(a)* | 100000 | 65314 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/15/52 *(a)* | 100000 | 87447 |
| **AEP Transmission Co. LLC** | **AEP Transmission Co. LLC** | **AEP Transmission Co. LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 04/01/34 *(a)* | 75000 | 74414 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 06/15/35 *(a)* | 100000 | 100512 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 12/01/47 *(a)* | 150000 | 110666 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 09/15/48 *(a)* | 100000 | 78646 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 06/15/49 *(a)* | 100000 | 71675 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 09/15/49 *(a)* | 75000 | 48752 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 04/01/50 *(a)* | 100000 | 71510 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 06/15/52 *(a)* | 100000 | 81372 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 03/15/53 *(a)* | 100000 | 93323 |
| **AES Corp.** | **AES Corp.** | **AES Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 06/01/28 *(a)* | 200000 | 202762 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 01/15/31 *(a)* | 200000 | 171128 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 03/15/32 *(a)* | 150000 | 148801 |
| **Alabama Power Co.** | **Alabama Power Co.** | **Alabama Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/01/27 *(a)* | 100000 | 99060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 09/15/30 *(a)* | 150000 | 128856 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 03/15/32 *(a)* | 150000 | 134946 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.94%, 09/01/32 *(a)* | 75000 | 70698 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 11/15/33 *(a)* | 75000 | 78976 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 03/01/39  | 100000 | 105759 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 12/01/42  | 150000 | 118097 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 08/15/44 *(a)* | 100000 | 80864 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 03/01/45 *(a)* | 100000 | 76269 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 12/01/47 *(a)* | 100000 | 73927 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 07/15/48 *(a)* | 150000 | 121350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 10/01/49 *(a)* | 100000 | 69124 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 07/15/51 *(a)* | 100000 | 63978 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 03/15/52 *(a)* | 150000 | 93987 |
| **Algonquin Power & Utilities Corp.** | **Algonquin Power & Utilities Corp.** | **Algonquin Power & Utilities Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.37%, 06/15/26 *(e)* | 200000 | 201104 |
| **Ameren Corp.** | **Ameren Corp.** | **Ameren Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 12/01/26 *(a)* | 100000 | 101599 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 03/15/27 *(a)* | 150000 | 143731 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 03/15/28 *(a)* | 50000 | 46379 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/15/29 *(a)* | 100000 | 101191 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 01/15/31 *(a)* | 200000 | 186762 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 03/15/35 *(a)* | 150000 | 148588 |
| **Ameren Illinois Co.** | **Ameren Illinois Co.** | **Ameren Illinois Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 05/15/28 *(a)* | 75000 | 74187 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 09/01/32 *(a)* | 100000 | 93201 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 06/01/33 *(a)* | 100000 | 99630 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 03/15/46 *(a)* | 150000 | 120438 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 12/01/47 *(a)* | 100000 | 73477 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/15/49 *(a)* | 100000 | 82458 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/15/50 *(a)* | 75000 | 49445 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 06/15/51 *(a)* | 100000 | 60890 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 12/01/52 *(a)* | 50000 | 50159 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 07/01/54 *(a)* | 100000 | 95256 |
| **American Electric Power Co., Inc.** | **American Electric Power Co., Inc.** | **American Electric Power Co., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 11/01/27 *(a)* | 150000 | 154548 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 11/13/27 *(a)* | 150000 | 145732 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 12/01/28 *(a)* | 100000 | 99158 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 01/15/29 *(a)* | 150000 | 152970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 03/01/30 *(a)* | 150000 | 134295 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 11/01/32 *(a)* | 100000 | 104413 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 03/01/33 *(a)* | 150000 | 153796 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/01/50 *(a)* | 75000 | 47468 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 12/15/54 *(a)(b)* | 100000 | 102614 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.05%, 12/15/54 *(a)(b)* | 75000 | 77144 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 02/15/62 *(a)(b)* | 150000 | 143220 |
| **Appalachian Power Co.** | **Appalachian Power Co.** | **Appalachian Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 06/01/27 *(a)* | 100000 | 97730 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 04/01/31 *(a)* | 150000 | 132783 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 04/01/34 *(a)* | 100000 | 101018 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 04/01/38  | 100000 | 109687 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/01/49 *(a)* | 100000 | 77826 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 05/01/50 *(a)* | 100000 | 67849 |
| **Arizona Public Service Co.** | **Arizona Public Service Co.** | **Arizona Public Service Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 08/15/29 *(a)* | 100000 | 92276 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 12/15/32 *(a)* | 100000 | 105958 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 08/01/33 *(a)* | 150000 | 151255 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 08/15/34 *(a)* | 150000 | 152196 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/01/42 *(a)* | 150000 | 124877 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/01/49 *(a)* | 100000 | 75535 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 05/15/50 *(a)* | 250000 | 164377 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 09/15/50 *(a)* | 150000 | 85757 |
| **Atlantic City Electric Co.** | **Atlantic City Electric Co.** | **Atlantic City Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 10/15/28 *(a)* | 100000 | 99043 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 03/15/31 *(a)* | 100000 | 87831 |
| **Avangrid, Inc.** | **Avangrid, Inc.** | **Avangrid, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 06/01/29 *(a)* | 100000 | 96614 |
| **Avista Corp.** | **Avista Corp.** | **Avista Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 06/01/48 *(a)* | 100000 | 79073 |
| **Baltimore Gas & Electric Co.** | **Baltimore Gas & Electric Co.** | **Baltimore Gas & Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 06/15/31 *(a)* | 100000 | 87761 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 06/01/34 *(a)* | 75000 | 75746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 06/01/35 *(a)* | 100000 | 100828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 10/01/36  | 100000 | 107222 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 08/15/46 *(a)* | 150000 | 107129 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 09/15/48 *(a)* | 100000 | 79294 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 09/15/49 *(a)* | 75000 | 49232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 06/01/52 *(a)* | 100000 | 81511 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 06/01/53 *(a)* | 150000 | 138606 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 06/01/54 *(a)* | 75000 | 72259 |
| **Berkshire Hathaway Energy Co.** | **Berkshire Hathaway Energy Co.** | **Berkshire Hathaway Energy Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 04/15/28 *(a)* | 150000 | 146076 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 07/15/30 *(a)* | 150000 | 144423 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 05/15/31 *(a)* | 75000 | 63034 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 04/01/36  | 298000 | 314184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 05/15/37  | 100000 | 104557 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 11/15/43 *(a)* | 200000 | 184132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/01/45 *(a)* | 150000 | 125618 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 07/15/48 *(a)* | 150000 | 109625 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 01/15/49 *(a)* | 175000 | 140474 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 10/15/50 *(a)* | 175000 | 134914 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 05/15/51 *(a)* | 250000 | 147992 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 05/01/53 *(a)* | 200000 | 162328 |
| **Black Hills Corp.** | **Black Hills Corp.** | **Black Hills Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 01/15/27 *(a)* | 150000 | 146509 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 03/15/28 *(a)* | 75000 | 77621 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 06/15/30 *(a)* | 50000 | 44526 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 05/01/33 *(a)* | 150000 | 139671 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 05/15/34 *(a)* | 75000 | 77270 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 01/15/35 *(a)* | 75000 | 76574 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 10/15/49 *(a)* | 100000 | 71013 |
| **CenterPoint Energy Houston Electric LLC** | **CenterPoint Energy Houston Electric LLC** | **CenterPoint Energy Houston Electric LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 02/01/27 *(a)* | 150000 | 146629 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 10/01/28 *(a)* | 100000 | 102424 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.35%, 04/01/31 *(a)* | 100000 | 88034 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 10/01/32 *(a)* | 150000 | 145249 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 04/01/33 *(a)* | 100000 | 99184 |

---

**60**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 03/01/34 *(a)* | 100000 | 99461 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/01/35 *(a)* | 100000 | 98494 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/01/44 *(a)* | 100000 | 85047 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 03/01/48 *(a)* | 75000 | 56752 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 02/01/49 *(a)* | 100000 | 78935 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 07/01/50 *(a)* | 200000 | 123888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 04/01/51 *(a)* | 150000 | 101759 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 03/01/52 *(a)* | 100000 | 70189 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 10/01/52 *(a)* | 75000 | 64914 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 04/01/53 *(a)* | 75000 | 68789 |
| **CenterPoint Energy, Inc.** | **CenterPoint Energy, Inc.** | **CenterPoint Energy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 06/01/26 *(a)* | 75000 | 72735 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 06/01/29 *(a)* | 150000 | 154272 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 03/01/30 *(a)* | 100000 | 92457 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 06/01/31 *(a)* | 75000 | 65720 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.85%, 02/15/55 *(a)(b)* | 75000 | 76476 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 02/15/55 *(a)(b)* | 75000 | 77188 |
| **Cleco Corporate Holdings LLC** | **Cleco Corporate Holdings LLC** | **Cleco Corporate Holdings LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.97%, 05/01/46 *(a)* | 75000 | 61934 |
| **Cleveland Electric Illuminating Co.** | **Cleveland Electric Illuminating Co.** | **Cleveland Electric Illuminating Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 12/15/36  | 75000 | 76790 |
| **CMS Energy Corp.** | **CMS Energy Corp.** | **CMS Energy Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 08/15/27 *(a)* | 100000 | 97827 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/01/44 *(a)* | 100000 | 86983 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 06/01/50 *(a)(b)* | 100000 | 94655 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 06/01/55 *(a)(b)* | 175000 | 172900 |
| **Commonwealth Edison Co.** | **Commonwealth Edison Co.** | **Commonwealth Edison Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 06/15/26 *(a)* | 100000 | 98133 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 08/15/27 *(a)* | 150000 | 145827 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 03/01/30 *(a)* | 100000 | 90194 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 06/01/34 *(a)* | 100000 | 101025 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 03/15/36  | 150000 | 156894 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 10/01/42 *(a)* | 100000 | 77865 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 08/15/43 *(a)* | 100000 | 85977 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 01/15/44 *(a)* | 100000 | 87503 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/01/45 *(a)* | 100000 | 75502 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 11/15/45 *(a)* | 100000 | 82405 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 06/15/46 *(a)* | 100000 | 73420 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 08/15/47 *(a)* | 150000 | 110334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/01/48 *(a)* | 150000 | 114531 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/01/49 *(a)* | 150000 | 113313 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 11/15/49 *(a)* | 100000 | 65229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 03/01/50 *(a)* | 150000 | 93960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 03/15/51 *(a)* | 100000 | 63907 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 02/01/53 *(a)* | 100000 | 91480 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 06/01/54 *(a)* | 100000 | 96397 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 06/01/55 *(a)* | 100000 | 100351 |
| **Connecticut Light & Power Co.** | **Connecticut Light & Power Co.** | **Connecticut Light & Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 01/01/29 *(a)* | 75000 | 75527 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 01/15/30 *(a)* | 100000 | 101574 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 07/01/31 *(a)* | 100000 | 86136 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 07/01/33 *(a)* | 75000 | 74200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 08/15/34 *(a)* | 75000 | 73675 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 04/15/44 *(a)* | 75000 | 61995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/01/48 *(a)* | 150000 | 114821 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/15/53 *(a)* | 150000 | 137581 |
| **Consolidated Edison Co. of New York, Inc.** | **Consolidated Edison Co. of New York, Inc.** | **Consolidated Edison Co. of New York, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/01/28 *(a)* | 50000 | 49529 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 04/01/30 *(a)* | 200000 | 190588 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 06/15/31 *(a)* | 200000 | 177120 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 03/01/33 *(a)* | 100000 | 101179 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/15/34 *(a)* | 100000 | 102743 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 05/15/34 *(a)* | 150000 | 152749 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 03/01/35  | 80000 | 80666 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 03/15/35 *(a)* | 100000 | 99574 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 03/15/36  | 150000 | 155541 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.30%, 08/15/37  | 100000 | 106804 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 04/01/38  | 100000 | 111599 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 12/01/39  | 100000 | 99347 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/15/42  | 50000 | 41118 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 03/15/44 *(a)* | 230000 | 194028 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 12/01/45 *(a)* | 150000 | 125288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 06/15/46 *(a)* | 100000 | 75117 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 06/15/47 *(a)* | 150000 | 112479 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 12/01/48 *(a)* | 100000 | 83700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 05/15/49 *(a)* | 100000 | 77060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 04/01/50 *(a)* | 150000 | 113688 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 12/01/51 *(a)* | 75000 | 48188 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 11/15/52 *(a)* | 150000 | 153928 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 11/15/53 *(a)* | 150000 | 149214 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 05/15/54 *(a)* | 250000 | 243017 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 12/01/54 *(a)* | 100000 | 81537 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/15/55 *(a)* | 125000 | 117738 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 12/01/56 *(a)* | 150000 | 114185 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/15/57 *(a)* | 100000 | 71244 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/15/58 *(a)* | 100000 | 78165 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 11/15/59 *(a)* | 100000 | 67036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 12/01/60 *(a)* | 100000 | 56616 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 06/15/61 *(a)* | 200000 | 131626 |
| **Constellation Energy Generation LLC** | **Constellation Energy Generation LLC** | **Constellation Energy Generation LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 03/01/28 *(a)* | 150000 | 154725 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 03/01/33 *(a)* | 150000 | 156019 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 01/15/34 *(a)* | 100000 | 105726 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 10/01/39  | 162000 | 168499 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 10/01/41 *(a)* | 100000 | 97416 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 06/15/42 *(a)* | 100000 | 95946 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 10/01/53 *(a)* | 175000 | 183710 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 03/15/54 *(a)* | 150000 | 143122 |
| **Consumers Energy Co.** | **Consumers Energy Co.** | **Consumers Energy Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 03/01/28 *(a)* | 200000 | 201998 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/15/29 *(a)* | 100000 | 101569 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 05/30/29 *(a)* | 100000 | 100624 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 01/15/30 *(a)* | 100000 | 100837 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 08/15/32 *(a)* | 100000 | 91439 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 05/15/33 *(a)* | 125000 | 121774 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 05/15/35 *(a)* | 100000 | 99400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 05/15/43 *(a)* | 130000 | 103903 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 05/15/48 *(a)* | 100000 | 78307 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 04/15/49 *(a)* | 100000 | 82541 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 02/15/50 *(a)* | 50000 | 37157 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 08/15/50 *(a)* | 100000 | 65564 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 08/01/51 *(a)* | 200000 | 143756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 09/01/52 *(a)* | 100000 | 79497 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 05/01/60 *(a)* | 200000 | 106896 |
| **Dayton Power & Light Co.** | **Dayton Power & Light Co.** | **Dayton Power & Light Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 06/15/49 *(a)* | 100000 | 72184 |
| **Dominion Energy South Carolina, Inc.** | **Dominion Energy South Carolina, Inc.** | **Dominion Energy South Carolina, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 12/01/31 *(a)* | 75000 | 64763 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 05/15/33  | 150000 | 151815 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 01/15/35 *(a)* | 100000 | 100501 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 01/15/38  | 100000 | 104397 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 02/01/41 *(a)* | 100000 | 96162 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 10/15/53 *(a)* | 100000 | 105005 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 06/01/65 *(a)* | 100000 | 85750 |
| **Dominion Energy, Inc.** | **Dominion Energy, Inc.** | **Dominion Energy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 08/15/26 *(a)* | 150000 | 146871 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 05/15/28 *(a)* | 200000 | 200534 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 06/01/28 *(a)* | 150000 | 149106 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 04/01/30 *(a)* | 350000 | 328702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/30 *(a)* | 150000 | 151552 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 08/15/31 *(a)* | 100000 | 85822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 08/15/32 *(a)* | 75000 | 70859 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 11/15/32 *(a)* | 150000 | 151876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 08/01/33  | 80000 | 79186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/15/35 *(a)* | 150000 | 148341 |

---

**61**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 06/15/35  | 100000 | 103438 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 06/15/38  | 100000 | 111088 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 04/15/41 *(a)* | 100000 | 71997 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 08/01/41 *(a)* | 100000 | 87552 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 09/15/42 *(a)* | 100000 | 77203 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 12/01/44 *(a)* | 50000 | 41796 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 03/15/49 *(a)* | 100000 | 79423 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 08/15/52 *(a)* | 100000 | 82373 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 06/01/54 *(a)(b)* | 150000 | 158428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 02/01/55 *(a)(b)* | 175000 | 181207 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 05/15/55 *(a)(b)* | 200000 | 200318 |
| **DTE Electric Co.** | **DTE Electric Co.** | **DTE Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 05/14/27  | 100000 | 99938 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 04/01/28 *(a)* | 100000 | 93858 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 03/01/30 *(a)* | 150000 | 135742 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 03/01/31 *(a)* | 100000 | 89916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 04/01/33 *(a)* | 150000 | 152059 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 03/01/34 *(a)* | 150000 | 150702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/15/35 *(a)* | 100000 | 100069 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/15/45 *(a)* | 250000 | 189455 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 08/15/47 *(a)* | 150000 | 111716 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 05/15/48 *(a)* | 100000 | 78634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 03/01/49 *(a)* | 150000 | 115016 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 03/01/50 *(a)* | 100000 | 63599 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 04/01/53 *(a)* | 150000 | 142135 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 05/15/55 *(a)* | 100000 | 99897 |
| **DTE Energy Co.** | **DTE Energy Co.** | **DTE Energy Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 10/01/26 *(a)* | 200000 | 195636 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 07/01/27 *(a)* | 200000 | 201678 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 06/01/28 *(a)* | 150000 | 151366 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 03/01/29 *(a)* | 200000 | 202950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 06/15/29 *(a)* | 100000 | 95161 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 03/01/30 *(a)* | 100000 | 92102 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 04/01/30 *(a)* | 200000 | 203558 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 06/01/34 *(a)* | 150000 | 154540 |
| **Duke Energy Carolinas LLC** | **Duke Energy Carolinas LLC** | **Duke Energy Carolinas LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 12/01/26 *(a)* | 150000 | 147243 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 11/15/28 *(a)* | 150000 | 148465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 08/15/29 *(a)* | 150000 | 138933 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 02/01/30 *(a)* | 100000 | 91522 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 03/15/30 *(a)* | 100000 | 101726 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.45%, 10/15/32  | 130000 | 140981 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 01/15/33 *(a)* | 200000 | 200286 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 01/15/34 *(a)* | 100000 | 98186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/15/35 *(a)* | 100000 | 100552 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 06/01/37  | 100000 | 104929 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 01/15/38  | 100000 | 104282 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 04/15/38  | 150000 | 157120 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 02/15/40  | 150000 | 147159 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/15/41 *(a)* | 155000 | 129093 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 09/30/42 *(a)* | 100000 | 80369 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 06/01/45 *(a)* | 150000 | 113607 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 03/15/46 *(a)* | 100000 | 76137 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 12/01/47 *(a)* | 150000 | 109412 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 03/15/48 *(a)* | 100000 | 75774 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 08/15/49 *(a)* | 150000 | 98394 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 04/15/51 *(a)* | 50000 | 33974 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 03/15/52 *(a)* | 100000 | 69607 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 01/15/53 *(a)* | 150000 | 139053 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 01/15/54 *(a)* | 150000 | 140029 |
| **Duke Energy Corp.** | **Duke Energy Corp.** | **Duke Energy Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 09/01/26 *(a)* | 300000 | 293607 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 01/05/27  | 100000 | 100703 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 08/15/27 *(a)* | 200000 | 194884 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 03/15/28 *(a)* | 175000 | 174666 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 01/05/29 *(a)* | 100000 | 101080 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 06/15/29 *(a)* | 50000 | 47784 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 06/01/30 *(a)* | 250000 | 224792 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 06/15/31 *(a)* | 200000 | 175692 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 08/15/32 *(a)* | 200000 | 192498 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 09/15/33 *(a)* | 100000 | 103757 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 06/15/34 *(a)* | 125000 | 126234 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 06/15/41 *(a)* | 100000 | 72929 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 12/15/45 *(a)* | 200000 | 168600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/01/46 *(a)* | 250000 | 179855 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 08/15/47 *(a)* | 100000 | 72994 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 06/15/49 *(a)* | 100000 | 75689 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 06/15/51 *(a)* | 200000 | 132240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/52 *(a)* | 200000 | 169496 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 09/15/53 *(a)* | 100000 | 99268 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 06/15/54 *(a)* | 125000 | 118553 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.45%, 09/01/54 *(a)(b)* | 175000 | 177527 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 01/15/82 *(a)(b)* | 100000 | 95425 |
| **Duke Energy Florida LLC** | **Duke Energy Florida LLC** | **Duke Energy Florida LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 01/15/27 *(a)* | 105000 | 103182 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 07/15/28 *(a)* | 150000 | 147720 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 12/01/29 *(a)* | 100000 | 92267 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 06/15/30 *(a)* | 150000 | 130983 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 12/15/31 *(a)* | 100000 | 87018 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 11/15/33 *(a)* | 100000 | 104988 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 09/15/37  | 150000 | 161803 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 06/15/38  | 200000 | 215646 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 11/15/42 *(a)* | 75000 | 58335 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 10/01/46 *(a)* | 75000 | 52370 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 07/15/48 *(a)* | 150000 | 117312 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 12/15/51 *(a)* | 100000 | 61442 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 11/15/52 *(a)* | 50000 | 49967 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 11/15/53 *(a)* | 125000 | 129026 |
| **Duke Energy Indiana LLC** | **Duke Energy Indiana LLC** | **Duke Energy Indiana LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/01/34 *(a)* | 150000 | 150694 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.12%, 10/15/35  | 100000 | 105206 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 08/15/38  | 100000 | 107120 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 07/15/43 *(a)* | 100000 | 88665 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 10/01/49 *(a)* | 150000 | 98292 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 04/01/50 *(a)* | 100000 | 59355 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 04/01/53 *(a)* | 100000 | 92528 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 05/15/55 *(a)* | 100000 | 99334 |
| **Duke Energy Ohio, Inc.** | **Duke Energy Ohio, Inc.** | **Duke Energy Ohio, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 02/01/29 *(a)* | 75000 | 73301 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 06/01/30 *(a)* | 150000 | 133885 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 02/01/49 *(a)* | 100000 | 77935 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 04/01/53 *(a)* | 100000 | 95212 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 03/15/54 *(a)* | 75000 | 70376 |
| **Duke Energy Progress LLC** | **Duke Energy Progress LLC** | **Duke Energy Progress LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 09/01/28 *(a)* | 200000 | 196612 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 03/15/29 *(a)* | 150000 | 145173 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 08/15/31 *(a)* | 150000 | 128471 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 04/01/32 *(a)* | 75000 | 68626 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/15/33 *(a)* | 100000 | 101756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/15/35 *(a)* | 150000 | 148210 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 05/15/42 *(a)* | 100000 | 81246 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 03/15/43 *(a)* | 150000 | 121287 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 12/01/44 *(a)* | 178000 | 141699 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 08/15/45 *(a)* | 100000 | 80969 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 10/15/46 *(a)* | 250000 | 183552 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 08/15/50 *(a)* | 150000 | 84645 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/01/52 *(a)* | 75000 | 55929 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 03/15/53 *(a)* | 150000 | 138328 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 03/15/55 *(a)* | 125000 | 119153 |
| **Edison International** | **Edison International** | **Edison International** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 06/15/27 *(a)* | 100000 | 100646 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/15/28 *(a)* | 100000 | 96228 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 11/15/28 *(a)* | 100000 | 98582 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 06/15/29 *(a)* | 75000 | 74105 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 11/15/29 *(a)* | 100000 | 103804 |

---

**62**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 03/15/30 *(a)* | 100000 | 101346 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/15/32 *(a)* | 150000 | 142156 |
| **El Paso Electric Co.** | **El Paso Electric Co.** | **El Paso Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 05/15/35  | 44000 | 44838 |
| **Emera U.S. Finance LP** | **Emera U.S. Finance LP** | **Emera U.S. Finance LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 06/15/26 *(a)* | 150000 | 148131 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 06/15/46 *(a)* | 250000 | 202400 |
| **Enel Americas SA** | **Enel Americas SA** | **Enel Americas SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 10/25/26 *(a)* | 100000 | 99294 |
| **Enel Chile SA** | **Enel Chile SA** | **Enel Chile SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 06/12/28 *(a)* | 100000 | 99654 |
| **Entergy Arkansas LLC** | **Entergy Arkansas LLC** | **Entergy Arkansas LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 01/15/33 *(a)* | 200000 | 201746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 06/01/34 *(a)* | 75000 | 76043 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 04/01/49 *(a)* | 150000 | 116547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 06/15/51 *(a)* | 100000 | 57018 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 06/01/54 *(a)* | 75000 | 72410 |
| **Entergy Corp.** | **Entergy Corp.** | **Entergy Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 09/01/26 *(a)* | 150000 | 147148 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 06/15/28 *(a)* | 150000 | 139245 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 06/15/30 *(a)* | 100000 | 90989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 06/15/31 *(a)* | 150000 | 130742 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 06/15/50 *(a)* | 50000 | 34676 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%, 12/01/54 *(a)(b)* | 300000 | 307701 |
| **Entergy Louisiana LLC** | **Entergy Louisiana LLC** | **Entergy Louisiana LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 10/01/26 *(a)* | 100000 | 97554 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.12%, 09/01/27 *(a)* | 75000 | 72968 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 04/01/28 *(a)* | 100000 | 97234 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.60%, 12/15/30 *(a)* | 75000 | 63932 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.35%, 06/15/32 *(a)* | 100000 | 84920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/15/33 *(a)* | 100000 | 92943 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 03/15/34 *(a)* | 100000 | 100410 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 09/15/34 *(a)* | 100000 | 99022 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 06/15/41 *(a)* | 100000 | 71540 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 01/15/45 *(a)* | 75000 | 65001 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 09/01/48 *(a)* | 175000 | 135942 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 04/01/50 *(a)* | 150000 | 115746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 03/15/51 *(a)* | 150000 | 90678 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 09/15/52 *(a)* | 100000 | 83882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 03/15/54 *(a)* | 150000 | 143505 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 03/15/55 *(a)* | 100000 | 96964 |
| **Entergy Mississippi LLC** | **Entergy Mississippi LLC** | **Entergy Mississippi LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/33 *(a)* | 50000 | 49356 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 06/01/49 *(a)* | 100000 | 72396 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 06/01/51 *(a)* | 75000 | 50404 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 06/01/54 *(a)* | 75000 | 73054 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 04/15/55 *(a)* | 100000 | 96907 |
| **Entergy Texas, Inc.** | **Entergy Texas, Inc.** | **Entergy Texas, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 03/15/31 *(a)* | 150000 | 127779 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/30/39 *(a)* | 100000 | 89125 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 09/30/49 *(a)* | 100000 | 68635 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/15/52 *(a)* | 75000 | 64290 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 09/15/54 *(a)* | 100000 | 92786 |
| **Evergy Kansas Central, Inc.** | **Evergy Kansas Central, Inc.** | **Evergy Kansas Central, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 04/01/27 *(a)* | 200000 | 195756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/01/42 *(a)* | 100000 | 81536 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/01/45 *(a)* | 100000 | 80414 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 09/01/49 *(a)* | 100000 | 65054 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 04/15/50 *(a)* | 50000 | 33688 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 03/15/53 *(a)* | 100000 | 95586 |
| **Evergy Metro, Inc.** | **Evergy Metro, Inc.** | **Evergy Metro, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 06/01/30 *(a)* | 75000 | 66872 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 04/01/34 *(a)* | 75000 | 75375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 10/01/41 *(a)* | 100000 | 94524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/15/48 *(a)* | 100000 | 77867 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Evergy, Inc.** | **Evergy, Inc.** | **Evergy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 09/15/29 *(a)* | 250000 | 233052 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.65%, 06/01/55 *(a)(b)* | 100000 | 99339 |
| **Eversource Energy** | **Eversource Energy** | **Eversource Energy** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/27  | 150000 | 150876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 07/01/27 *(a)* | 75000 | 75148 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 01/15/28 *(a)* | 100000 | 96876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/01/28 *(a)* | 200000 | 204450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 02/01/29 *(a)* | 100000 | 103952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 04/01/29 *(a)* | 150000 | 147619 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 08/15/30 *(a)* | 250000 | 214145 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 03/15/31 *(a)* | 100000 | 87860 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 04/15/31 *(a)* | 150000 | 156349 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 03/01/32 *(a)* | 150000 | 134385 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 05/15/33 *(a)* | 150000 | 147393 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/01/34 *(a)* | 100000 | 99831 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 07/15/34 *(a)* | 100000 | 103076 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 01/15/50 *(a)* | 150000 | 101541 |
| **Exelon Corp.** | **Exelon Corp.** | **Exelon Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 03/15/28 *(a)* | 200000 | 203570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 03/15/29 *(a)* | 125000 | 127451 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 04/15/30 *(a)* | 300000 | 292503 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 03/15/31 *(a)* | 100000 | 101392 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 03/15/32 *(a)* | 100000 | 90868 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 03/15/33 *(a)* | 150000 | 151834 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/15/34 *(a)* | 125000 | 126478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 06/15/35 *(a)(d)* | 80000 | 76501 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 06/15/35  | 100000 | 101009 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 06/15/45 *(a)* | 100000 | 88263 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 04/15/46 *(a)* | 100000 | 80475 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 04/15/50 *(a)* | 100000 | 81549 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 03/15/52 *(a)* | 150000 | 111594 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 03/15/53 *(a)* | 175000 | 162921 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 03/15/55 *(a)* | 75000 | 72489 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 03/15/55 *(a)(b)* | 175000 | 174568 |
| **FirstEnergy Corp.** | **FirstEnergy Corp.** | **FirstEnergy Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 07/15/27 *(a)(e)* | 250000 | 246352 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 03/01/30 *(a)* | 75000 | 68152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 09/01/30 *(a)* | 75000 | 65800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 07/15/47 *(a)(e)* | 175000 | 144592 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 03/01/50 *(a)* | 100000 | 65483 |
| **FirstEnergy Transmission LLC** | **FirstEnergy Transmission LLC** | **FirstEnergy Transmission LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 01/15/30 *(a)* | 100000 | 99083 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/15/35 *(a)* | 100000 | 97619 |
| **Florida Power & Light Co.** | **Florida Power & Light Co.** | **Florida Power & Light Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 05/30/27 *(a)* | 75000 | 73632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 04/01/28 *(a)* | 175000 | 178892 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 05/15/28 *(a)* | 100000 | 100482 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 06/15/29 *(a)* | 150000 | 154605 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 05/15/30 *(a)* | 100000 | 100804 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 02/03/32 *(a)* | 300000 | 261609 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 04/01/33 *(a)* | 150000 | 151560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 05/15/33 *(a)* | 150000 | 148563 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 04/01/34  | 150000 | 156444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 06/15/34 *(a)* | 150000 | 152595 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/34 *(a)* | 100000 | 99217 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 06/01/35  | 75000 | 74402 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 02/01/37  | 100000 | 103401 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 02/01/38  | 100000 | 105605 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.96%, 04/01/39  | 100000 | 105110 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.69%, 03/01/40  | 150000 | 153121 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 02/01/41 *(a)* | 75000 | 72630 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 02/01/42 *(a)* | 100000 | 83292 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 06/01/42 *(a)* | 100000 | 82634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 12/15/42 *(a)* | 100000 | 79508 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 10/01/44 *(a)* | 150000 | 120930 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 12/01/47 *(a)* | 100000 | 74029 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 03/01/48 *(a)* | 100000 | 77450 |

---

**63**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 06/01/48 *(a)* | 150000 | 118761 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.99%, 03/01/49 *(a)* | 100000 | 76890 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 10/01/49 *(a)* | 100000 | 65760 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 12/04/51 *(a)* | 200000 | 122956 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 04/01/53 *(a)* | 100000 | 93122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 06/15/54 *(a)* | 150000 | 145906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 03/15/55 *(a)* | 175000 | 172679 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 03/15/65 *(a)* | 150000 | 147786 |
| **Fortis, Inc.** | **Fortis, Inc.** | **Fortis, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.06%, 10/04/26 *(a)* | 305000 | 299016 |
| **Georgia Power Co.** | **Georgia Power Co.** | **Georgia Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/23/27 *(a)* | 75000 | 76030 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/30/27 *(a)* | 75000 | 73717 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 05/16/28 *(a)* | 200000 | 201880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 09/15/29 *(a)* | 150000 | 139636 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 03/15/30 *(a)* | 100000 | 100233 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 03/15/31 *(a)* | 100000 | 101345 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 05/15/32 *(a)* | 100000 | 98957 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 05/17/33 *(a)* | 200000 | 198644 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/15/34 *(a)* | 150000 | 150903 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 03/15/35 *(a)* | 150000 | 149481 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 09/01/40  | 150000 | 136938 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 03/15/42  | 150000 | 125987 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 03/15/43  | 100000 | 82991 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 01/30/50 *(a)* | 100000 | 72235 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/15/51 *(a)* | 100000 | 66243 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 05/15/52 *(a)* | 150000 | 136600 |
| **Iberdrola International BV** | **Iberdrola International BV** | **Iberdrola International BV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 07/15/36  | 100000 | 111635 |
| **Idaho Power Co.** | **Idaho Power Co.** | **Idaho Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/01/48 *(a)* | 150000 | 118001 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/15/53 *(a)* | 100000 | 92300 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 04/01/54 *(a)* | 75000 | 72830 |
| **Indiana Michigan Power Co.** | **Indiana Michigan Power Co.** | **Indiana Michigan Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 03/15/46 *(a)* | 100000 | 82783 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 07/01/47 *(a)* | 100000 | 72817 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 08/15/48 *(a)* | 100000 | 77913 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/01/51 *(a)* | 150000 | 95403 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 04/01/53 *(a)* | 100000 | 95074 |
| **Interstate Power & Light Co.** | **Interstate Power & Light Co.** | **Interstate Power & Light Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 04/01/29 *(a)* | 100000 | 96450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 06/01/30 *(a)* | 200000 | 179156 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 10/15/33 *(a)* | 75000 | 76634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 09/30/34 *(a)* | 100000 | 96644 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 06/29/35 *(a)* | 100000 | 100675 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 07/15/39  | 50000 | 52433 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 09/30/49 *(a)* | 100000 | 68547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 09/30/54 *(a)* | 100000 | 92246 |
| **IPALCO Enterprises, Inc.** | **IPALCO Enterprises, Inc.** | **IPALCO Enterprises, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 04/01/34 *(a)* | 50000 | 49387 |
| **ITC Holdings Corp.** | **ITC Holdings Corp.** | **ITC Holdings Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/30/26 *(a)* | 100000 | 98387 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 07/01/43 *(a)* | 100000 | 89883 |
| **Jersey Central Power & Light Co.** | **Jersey Central Power & Light Co.** | **Jersey Central Power & Light Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 01/15/35 *(a)* | 150000 | 147096 |
| **John Sevier Combined Cycle Generation LLC** | **John Sevier Combined Cycle Generation LLC** | **John Sevier Combined Cycle Generation LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 01/15/42  | 77998 | 73638 |
| **Johnsonville Aeroderivative Combustion Turbine Generation LLC** | **Johnsonville Aeroderivative Combustion Turbine Generation LLC** | **Johnsonville Aeroderivative Combustion Turbine Generation LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.08%, 10/01/54  | 124227 | 116405 |
| **Kentucky Utilities Co.** | **Kentucky Utilities Co.** | **Kentucky Utilities Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 11/01/40 *(a)* | 100000 | 93516 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 10/01/45 *(a)* | 100000 | 81194 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 06/01/50 *(a)* | 100000 | 65780 |
| **Louisville Gas & Electric Co.** | **Louisville Gas & Electric Co.** | **Louisville Gas & Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 04/15/33 *(a)* | 75000 | 76524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 04/01/49 *(a)* | 100000 | 77425 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **MidAmerican Energy Co.** | **MidAmerican Energy Co.** | **MidAmerican Energy Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 04/15/29 *(a)* | 200000 | 195228 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 12/30/31  | 100000 | 111616 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 01/15/34 *(a)* | 75000 | 76849 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 11/01/35  | 75000 | 77954 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 09/15/43 *(a)* | 100000 | 89071 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 10/15/44 *(a)* | 100000 | 83762 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 05/01/46 *(a)* | 100000 | 80840 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 08/01/47 *(a)* | 50000 | 38283 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 08/01/48 *(a)* | 150000 | 109599 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 07/15/49 *(a)* | 150000 | 118538 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 04/15/50 *(a)* | 100000 | 65838 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 08/01/52 *(a)* | 100000 | 59587 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 09/15/54 *(a)* | 175000 | 174601 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 02/01/55 *(a)* | 100000 | 91905 |
| **Mississippi Power Co.** | **Mississippi Power Co.** | **Mississippi Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/15/42  | 100000 | 82680 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 07/30/51 *(a)* | 100000 | 63695 |
| **National Grid PLC** | **National Grid PLC** | **National Grid PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 06/12/28 *(a)* | 150000 | 154359 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.81%, 06/12/33 *(a)* | 150000 | 155077 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.42%, 01/11/34 *(a)* | 150000 | 151276 |
| **National Rural Utilities Cooperative Finance Corp.** | **National Rural Utilities Cooperative Finance Corp.** | **National Rural Utilities Cooperative Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 06/15/26 *(a)* | 150000 | 144793 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 02/05/27 *(a)* | 100000 | 100792 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 05/06/27 *(a)* | 100000 | 101360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.12%, 09/16/27 *(a)* | 100000 | 99670 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 02/07/28 *(a)* | 200000 | 195270 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/07/28 *(a)* | 100000 | 101024 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/15/28 *(a)* | 100000 | 101116 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 02/07/29 *(a)* | 150000 | 151936 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/15/29 *(a)* | 100000 | 97261 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 06/15/29 *(a)* | 100000 | 102319 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 03/15/30 *(a)* | 150000 | 136266 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/07/31 *(a)* | 100000 | 101586 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.35%, 03/15/31 *(a)* | 100000 | 82720 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 06/15/31 *(a)* | 100000 | 83987 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 03/01/32  | 100000 | 116576 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 04/15/32 *(a)* | 100000 | 87439 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.02%, 11/01/32 *(a)* | 150000 | 140709 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 12/15/32 *(a)* | 100000 | 94511 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 01/15/33 *(a)* | 150000 | 156691 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/34 *(a)* | 100000 | 98670 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 11/01/48 *(a)* | 50000 | 40817 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 03/15/49 *(a)* | 100000 | 81399 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%, 09/15/53 *(a)(b)* | 75000 | 77879 |
| **Nevada Power Co.** | **Nevada Power Co.** | **Nevada Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 05/01/29 *(a)* | 150000 | 146166 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.65%, 04/01/36  | 100000 | 108645 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 07/01/37  | 100000 | 110308 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 08/01/50 *(a)* | 100000 | 61959 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 03/15/54 *(a)* | 100000 | 98992 |
| **NextEra Energy Capital Holdings, Inc.** | **NextEra Energy Capital Holdings, Inc.** | **NextEra Energy Capital Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 01/15/27 *(a)* | 150000 | 144025 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 05/01/27 *(a)* | 250000 | 245640 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 07/15/27 *(a)* | 200000 | 200616 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 02/04/28  | 150000 | 151660 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/28/28 *(a)* | 200000 | 202142 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 06/15/28 *(a)* | 300000 | 278022 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/15/29 *(a)* | 175000 | 176881 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/01/29 *(a)* | 150000 | 144510 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 11/01/29 *(a)* | 150000 | 138880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/28/30 *(a)* | 100000 | 101852 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/15/30 *(a)* | 150000 | 152257 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 06/01/30 *(a)* | 400000 | 356032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.44%, 01/15/32 *(a)* | 200000 | 171004 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 03/15/32 *(a)* | 150000 | 152778 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/15/32 *(a)* | 200000 | 199620 |

---

**64**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 02/28/33 *(a)* | 175000 | 174104 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/15/34 *(a)* | 200000 | 198964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/15/35 *(a)* | 150000 | 150081 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 01/15/52 *(a)* | 100000 | 60529 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 02/28/53 *(a)* | 200000 | 178874 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 03/15/54 *(a)* | 100000 | 92664 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 06/15/54 *(a)(b)* | 200000 | 205760 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.70%, 09/01/54 *(a)(b)* | 175000 | 177982 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 03/15/55 *(a)* | 175000 | 169547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 08/15/55 *(a)(b)* | 275000 | 276147 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 08/15/55 *(a)(b)* | 200000 | 202008 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 12/01/77 *(a)(b)* | 150000 | 141999 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 05/01/79 *(a)(b)* | 100000 | 97644 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 03/15/82 *(a)(b)* | 100000 | 94943 |
| **Northern States Power Co.** | **Northern States Power Co.** | **Northern States Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 11/01/39  | 100000 | 99332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 08/15/42 *(a)* | 250000 | 186735 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 08/15/45 *(a)* | 150000 | 118281 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 09/15/47 *(a)* | 150000 | 109251 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 03/01/50 *(a)* | 150000 | 94335 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 04/01/52 *(a)* | 100000 | 65541 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 06/01/52 *(a)* | 100000 | 82477 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 05/15/53 *(a)* | 150000 | 134971 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 03/15/54 *(a)* | 100000 | 94068 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 06/15/54 *(a)* | 75000 | 73128 |
| **NorthWestern Corp.** | **NorthWestern Corp.** | **NorthWestern Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.18%, 11/15/44 *(a)* | 100000 | 79227 |
| **NSTAR Electric Co.** | **NSTAR Electric Co.** | **NSTAR Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 05/15/27 *(a)* | 150000 | 146923 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/15/29 *(a)* | 150000 | 143073 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 06/01/34 *(a)* | 100000 | 100956 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 03/01/35 *(a)* | 75000 | 74317 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/15/40  | 150000 | 148792 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 03/01/44 *(a)* | 50000 | 41369 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 06/01/52 *(a)* | 150000 | 122120 |
| **Oglethorpe Power Corp.** | **Oglethorpe Power Corp.** | **Oglethorpe Power Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 11/01/39  | 100000 | 101209 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 11/01/40  | 200000 | 190122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/01/47 *(a)* | 100000 | 79636 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 10/01/48 *(a)* | 75000 | 64821 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 08/01/50 *(a)* | 100000 | 68575 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 12/01/53 *(a)* | 75000 | 74333 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 06/01/54 *(a)* | 100000 | 94643 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 02/01/55 *(a)* | 100000 | 96527 |
| **Ohio Edison Co.** | **Ohio Edison Co.** | **Ohio Edison Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 07/15/36  | 100000 | 111292 |
| **Ohio Power Co.** | **Ohio Power Co.** | **Ohio Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 04/01/30 *(a)* | 100000 | 91152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 01/15/31 *(a)* | 150000 | 125669 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/33 *(a)* | 100000 | 97960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 04/01/48 *(a)* | 75000 | 56715 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/49 *(a)* | 50000 | 36476 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 10/01/51 *(a)* | 150000 | 88322 |
| **Oklahoma Gas & Electric Co.** | **Oklahoma Gas & Electric Co.** | **Oklahoma Gas & Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 08/15/28 *(a)* | 100000 | 98422 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 03/15/30 *(a)* | 100000 | 94263 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 04/01/30 *(a)* | 150000 | 140983 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 08/15/47 *(a)* | 75000 | 56136 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 04/01/53 *(a)* | 150000 | 143073 |
| **Oncor Electric Delivery Co. LLC** | **Oncor Electric Delivery Co. LLC** | **Oncor Electric Delivery Co. LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 05/15/28 *(a)* | 100000 | 100128 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 11/15/28 *(a)* | 100000 | 97909 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 11/01/29 *(a)* | 100000 | 100521 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 05/15/30 *(a)* | 150000 | 137707 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 05/01/32  | 150000 | 166678 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 06/01/32 *(a)* | 100000 | 95014 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 09/15/32 *(a)* | 100000 | 97656 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 01/15/33  | 100000 | 113119 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 11/15/33 *(a)* | 150000 | 155574 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 04/01/35 *(a)(d)* | 125000 | 125375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 09/01/38  | 75000 | 88768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 09/30/40  | 150000 | 143715 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 12/01/41 *(a)* | 80000 | 68872 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 06/01/42 *(a)* | 37000 | 34623 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 09/30/47 *(a)* | 100000 | 74125 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 06/01/49 *(a)* | 100000 | 72598 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 09/15/49 *(a)* | 150000 | 95909 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 05/15/50 *(a)* | 100000 | 70881 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 11/15/51 *(a)* | 100000 | 57043 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 06/01/52 *(a)* | 100000 | 81363 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 09/15/52 *(a)* | 100000 | 86479 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 10/01/52 *(a)* | 78000 | 71242 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 06/15/54 *(a)* | 150000 | 141612 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 04/01/55 *(a)(d)* | 125000 | 122009 |
| **Pacific Gas & Electric Co.** | **Pacific Gas & Electric Co.** | **Pacific Gas & Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 03/15/27 *(a)* | 100000 | 97359 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 06/15/27 *(a)* | 100000 | 101071 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 08/01/27 *(a)* | 200000 | 188750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 12/01/27 *(a)* | 250000 | 240465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 06/15/28 *(a)* | 150000 | 141594 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 07/01/28  | 200000 | 193082 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 01/15/29 *(a)* | 200000 | 206600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 05/15/29 *(a)* | 200000 | 202780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 07/01/30 *(a)* | 550000 | 533126 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 02/01/31 *(a)* | 350000 | 301126 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/01/31 *(a)* | 250000 | 221860 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 03/01/32 *(a)* | 100000 | 93021 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 06/15/32 *(a)* | 100000 | 100945 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 01/15/33 *(a)* | 150000 | 152713 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 06/15/33 *(a)* | 200000 | 206150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 03/15/34 *(a)* | 150000 | 159525 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 05/15/34 *(a)* | 200000 | 197832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 03/01/35 *(a)* | 175000 | 172308 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/01/40 *(a)* | 350000 | 287497 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 08/01/40 *(a)* | 250000 | 178232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 06/01/41 *(a)* | 100000 | 76006 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 06/15/43 *(a)* | 150000 | 118014 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/15/44 *(a)* | 100000 | 79947 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 03/15/45 *(a)* | 100000 | 74462 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/15/46 *(a)* | 100000 | 73096 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/01/46 *(a)* | 100000 | 69947 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 12/01/47 *(a)* | 200000 | 138462 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 07/01/50 *(a)* | 550000 | 437349 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 08/01/50 *(a)* | 350000 | 221777 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/01/52 *(a)* | 100000 | 81870 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 01/15/53 *(a)* | 250000 | 249055 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.70%, 04/01/53 *(a)* | 150000 | 148767 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 10/01/54 *(a)* | 200000 | 179368 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 03/01/55 *(a)* | 125000 | 115894 |
| **PacifiCorp** | **PacifiCorp** | **PacifiCorp** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 02/15/29 *(a)* | 100000 | 101532 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 06/15/29 *(a)* | 100000 | 95826 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 02/15/31 *(a)* | 150000 | 152751 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.70%, 11/15/31  | 100000 | 114462 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 02/15/34 *(a)* | 200000 | 199952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 08/01/36  | 100000 | 102862 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 04/01/37  | 100000 | 99979 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 10/15/37  | 100000 | 103440 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 07/15/38  | 100000 | 104119 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 01/15/39  | 130000 | 131361 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 02/01/42 *(a)* | 75000 | 58792 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 01/15/49 *(a)* | 150000 | 111032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 02/15/50 *(a)* | 150000 | 110910 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 03/15/51 *(a)* | 100000 | 63283 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 06/15/52 *(a)* | 100000 | 57557 |

---

**65**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 12/01/53 *(a)* | 200000 | 176044 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 05/15/54 *(a)* | 250000 | 224995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 01/15/55 *(a)* | 300000 | 281481 |
| **PECO Energy Co.** | **PECO Energy Co.** | **PECO Energy Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 06/15/33 *(a)* | 150000 | 150052 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 10/01/44 *(a)* | 100000 | 81011 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 03/01/48 *(a)* | 150000 | 113555 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 09/15/49 *(a)* | 100000 | 63664 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 06/15/50 *(a)* | 100000 | 60882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 03/15/51 *(a)* | 150000 | 93929 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 05/15/52 *(a)* | 75000 | 62263 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 08/15/52 *(a)* | 75000 | 60464 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 09/15/54 *(a)* | 125000 | 115088 |
| **Pinnacle West Capital Corp.** | **Pinnacle West Capital Corp.** | **Pinnacle West Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 05/15/28 *(a)* | 100000 | 100789 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 05/15/30 *(a)* | 100000 | 101177 |
| **Potomac Electric Power Co.** | **Potomac Electric Power Co.** | **Potomac Electric Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 03/15/34 *(a)* | 100000 | 99914 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 11/15/37  | 75000 | 82532 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 03/15/43 *(a)* | 100000 | 81240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/15/54 *(a)* | 75000 | 70681 |
| **PPL Capital Funding, Inc.** | **PPL Capital Funding, Inc.** | **PPL Capital Funding, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 04/15/30 *(a)* | 100000 | 97500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 09/01/34 *(a)* | 150000 | 148570 |
| **PPL Electric Utilities Corp.** | **PPL Electric Utilities Corp.** | **PPL Electric Utilities Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/33 *(a)* | 150000 | 150060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 02/15/34 *(a)* | 150000 | 147826 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 07/15/43 *(a)* | 50000 | 44467 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 06/15/44 *(a)* | 100000 | 81356 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 06/01/47 *(a)* | 150000 | 116105 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 06/15/48 *(a)* | 100000 | 78950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/15/53 *(a)* | 150000 | 139486 |
| **Progress Energy, Inc.** | **Progress Energy, Inc.** | **Progress Energy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%, 03/01/31  | 150000 | 171223 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 10/30/31  | 100000 | 110995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 12/01/39  | 100000 | 102259 |
| **Public Service Co. of Colorado** | **Public Service Co. of Colorado** | **Public Service Co. of Colorado** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 06/15/28 *(a)* | 100000 | 98325 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 01/15/31 *(a)* | 150000 | 128976 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 06/15/31 *(a)* | 150000 | 127079 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 05/15/34 *(a)* | 325000 | 323879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 09/01/37  | 100000 | 105575 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 09/15/42 *(a)* | 100000 | 75456 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 03/15/44 *(a)* | 40000 | 32448 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 06/15/47 *(a)* | 200000 | 145334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 09/15/49 *(a)* | 100000 | 74392 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 03/01/50 *(a)* | 100000 | 64473 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 06/01/52 *(a)* | 100000 | 79432 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 04/01/53 *(a)* | 150000 | 133528 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 05/15/54 *(a)* | 150000 | 143472 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 05/15/55 *(a)* | 100000 | 96524 |
| **Public Service Co. of New Hampshire** | **Public Service Co. of New Hampshire** | **Public Service Co. of New Hampshire** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 06/15/31 *(a)* | 100000 | 86989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 10/01/33 *(a)* | 100000 | 101806 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 07/01/49 *(a)* | 50000 | 35309 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 01/15/53 *(a)* | 50000 | 44902 |
| **Public Service Co. of Oklahoma** | **Public Service Co. of Oklahoma** | **Public Service Co. of Oklahoma** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 08/15/31 *(a)* | 100000 | 85166 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/15/33 *(a)* | 100000 | 99730 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 01/15/35 *(a)* | 150000 | 146667 |
| **Public Service Electric & Gas Co.** | **Public Service Electric & Gas Co.** | **Public Service Electric & Gas Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 09/15/26 *(a)* | 150000 | 146286 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 09/01/28 *(a)* | 100000 | 97993 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 05/15/29 *(a)* | 100000 | 95896 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 08/15/31 *(a)* | 250000 | 213725 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 12/15/32 *(a)* | 150000 | 151027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 08/01/33 *(a)* | 100000 | 101175 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 03/01/34 *(a)* | 100000 | 101195 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 08/01/34 *(a)* | 100000 | 98519 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/01/40  | 75000 | 74900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 05/01/42 *(a)* | 150000 | 120527 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 03/01/46 *(a)* | 150000 | 113921 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 12/01/47 *(a)* | 100000 | 72595 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 05/01/49 *(a)* | 150000 | 113171 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 08/01/49 *(a)* | 75000 | 50237 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 01/01/50 *(a)* | 100000 | 65802 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 05/01/50 *(a)* | 150000 | 90176 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 08/01/50 *(a)* | 200000 | 102912 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 03/15/53 *(a)* | 50000 | 45496 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 08/01/53 *(a)* | 100000 | 95262 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/01/54 *(a)* | 100000 | 95187 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 08/01/54 *(a)* | 100000 | 92890 |
| **Public Service Enterprise Group, Inc.** | **Public Service Enterprise Group, Inc.** | **Public Service Enterprise Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 11/15/27 *(a)* | 200000 | 206216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 10/15/28 *(a)* | 150000 | 156136 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 04/01/29 *(a)* | 150000 | 153229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.60%, 08/15/30 *(a)* | 200000 | 170890 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 11/15/31 *(a)* | 125000 | 108183 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 10/15/33 *(a)* | 75000 | 78716 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 04/01/34 *(a)* | 75000 | 75690 |
| **Puget Energy, Inc.** | **Puget Energy, Inc.** | **Puget Energy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 06/15/28 *(a)* | 100000 | 93872 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 06/15/30 *(a)* | 250000 | 238245 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.22%, 03/15/32 *(a)* | 75000 | 69132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.73%, 03/15/35 *(a)(d)* | 100000 | 99107 |
| **Puget Sound Energy, Inc.** | **Puget Sound Energy, Inc.** | **Puget Sound Energy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.33%, 06/15/34 *(a)* | 75000 | 75244 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.27%, 03/15/37  | 62000 | 65755 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.76%, 10/01/39  | 75000 | 75884 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 05/20/45 *(a)* | 75000 | 60688 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.22%, 06/15/48 *(a)* | 100000 | 77796 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 09/15/49 *(a)* | 100000 | 64796 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.89%, 09/15/51 *(a)* | 100000 | 59973 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 06/01/53 *(a)* | 75000 | 69401 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.69%, 06/15/54 *(a)* | 75000 | 71693 |
| **San Diego Gas & Electric Co.** | **San Diego Gas & Electric Co.** | **San Diego Gas & Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 08/15/28 *(a)* | 100000 | 101768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 10/01/30 *(a)* | 200000 | 171972 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 03/15/32 *(a)* | 100000 | 88174 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 06/01/39  | 50000 | 51586 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 08/15/40  | 100000 | 87432 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 06/01/47 *(a)* | 75000 | 53900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 05/15/48 *(a)* | 100000 | 75783 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 06/15/49 *(a)* | 100000 | 74566 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.32%, 04/15/50 *(a)* | 100000 | 65273 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 08/15/51 *(a)* | 150000 | 91635 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 04/01/53 *(a)* | 150000 | 136179 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 04/15/54 *(a)* | 100000 | 93123 |
| **Sierra Pacific Power Co.** | **Sierra Pacific Power Co.** | **Sierra Pacific Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 03/15/54 *(a)* | 75000 | 72998 |
| **Southern California Edison Co.** | **Southern California Edison Co.** | **Southern California Edison Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 06/01/26 *(a)* | 100000 | 100138 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 06/01/27 *(a)* | 150000 | 149635 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 11/01/27 *(a)* | 150000 | 153411 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 03/01/28 *(a)* | 100000 | 96938 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 03/01/28 *(a)* | 150000 | 151681 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 10/01/28 *(a)* | 100000 | 102041 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/01/29 *(a)* | 100000 | 97427 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 06/01/29 *(a)* | 100000 | 100684 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 08/01/29 *(a)* | 100000 | 92027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/15/30 *(a)* | 150000 | 150742 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 06/01/30 *(a)* | 150000 | 131068 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 06/01/31 *(a)* | 150000 | 151174 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 02/01/32 *(a)* | 100000 | 84327 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 11/01/32 *(a)* | 125000 | 127155 |

---

**66**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 01/15/34  | 150000 | 151813 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 06/01/34 *(a)* | 200000 | 191836 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/01/35 *(a)* | 100000 | 96982 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 04/01/35  | 75000 | 75855 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 02/01/36  | 100000 | 97046 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 01/15/37  | 75000 | 71574 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 02/01/38  | 100000 | 98066 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 03/15/39  | 100000 | 99200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/15/40  | 100000 | 91466 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 09/01/40 *(a)* | 150000 | 122154 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 03/15/42 *(a)* | 100000 | 74007 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 03/15/43 *(a)* | 50000 | 36249 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 10/01/43 *(a)* | 150000 | 119129 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 02/01/45 *(a)* | 100000 | 67160 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/01/47 *(a)* | 300000 | 210720 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/01/48 *(a)* | 250000 | 177040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/01/49 *(a)* | 100000 | 78541 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 02/01/50 *(a)* | 200000 | 129892 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 02/01/51 *(a)* | 100000 | 56577 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 06/01/51 *(a)* | 100000 | 64041 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 02/01/52 *(a)* | 100000 | 61481 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 06/01/52 *(a)* | 100000 | 84150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 03/01/53 *(a)* | 100000 | 87600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 12/01/53 *(a)* | 150000 | 134247 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 04/15/54 *(a)* | 100000 | 88108 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 03/01/55 *(a)* | 100000 | 89951 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 09/15/55 *(a)* | 125000 | 117000 |
| **Southern Co.** | **Southern Co.** | **Southern Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 07/01/26 *(a)* | 200000 | 197588 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.11%, 08/01/27 *(e)* | 150000 | 151947 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 03/15/28 *(a)* | 75000 | 69839 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 06/15/28 *(a)* | 200000 | 202590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/15/29 *(a)* | 200000 | 207312 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 04/30/30 *(a)* | 250000 | 239530 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 10/15/32 *(a)* | 100000 | 103694 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 06/15/33 *(a)* | 150000 | 150136 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 03/15/34 *(a)* | 150000 | 154483 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 03/15/35 *(a)* | 125000 | 120444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 07/01/36 *(a)* | 125000 | 112786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 07/01/46 *(a)* | 300000 | 242472 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/15/51 *(a)(b)* | 200000 | 195596 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 03/15/55 *(a)(b)* | 300000 | 305472 |
| **Southern Power Co.** | **Southern Power Co.** | **Southern Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 09/15/41  | 100000 | 91412 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/15/43  | 50000 | 45569 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 12/15/46 *(a)* | 100000 | 84834 |
| **Southwestern Electric Power Co.** | **Southwestern Electric Power Co.** | **Southwestern Electric Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 10/01/26 *(a)* | 75000 | 73141 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 09/15/28 *(a)* | 150000 | 147676 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 04/01/33 *(a)* | 100000 | 98967 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 03/15/40  | 100000 | 103108 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 04/01/45 *(a)* | 150000 | 110022 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 02/01/48 *(a)* | 50000 | 35246 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 11/01/51 *(a)* | 75000 | 46511 |
| **Southwestern Public Service Co.** | **Southwestern Public Service Co.** | **Southwestern Public Service Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 08/15/41 *(a)* | 150000 | 126864 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 08/15/46 *(a)* | 75000 | 50860 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 08/15/47 *(a)* | 100000 | 71563 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 05/01/50 *(a)* | 150000 | 94856 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 06/01/54 *(a)* | 100000 | 98229 |
| **System Energy Resources, Inc.** | **System Energy Resources, Inc.** | **System Energy Resources, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 04/15/28 *(a)* | 75000 | 77828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 12/15/34 *(a)* | 100000 | 97976 |
| **Tampa Electric Co.** | **Tampa Electric Co.** | **Tampa Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/01/29 *(a)* | 100000 | 101628 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 03/15/31 *(a)* | 100000 | 88312 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 06/15/42 *(a)* | 200000 | 164424 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 06/15/48 *(a)* | 250000 | 198255 |
| **Toledo Edison Co.** | **Toledo Edison Co.** | **Toledo Edison Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 05/15/37  | 100000 | 106604 |
| **Tucson Electric Power Co.** | **Tucson Electric Power Co.** | **Tucson Electric Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 08/01/30 *(a)* | 200000 | 170236 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 09/15/34 *(a)* | 75000 | 74096 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 12/01/48 *(a)* | 50000 | 42601 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/15/50 *(a)* | 100000 | 73640 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 04/15/55 *(a)* | 75000 | 73474 |
| **Union Electric Co.** | **Union Electric Co.** | **Union Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/15/29 *(a)* | 150000 | 145156 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 03/15/30 *(a)* | 200000 | 186888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 03/15/32 *(a)* | 100000 | 84757 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 04/01/34 *(a)* | 100000 | 100106 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.45%, 03/15/39  | 100000 | 125437 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 09/15/42 *(a)* | 40000 | 31945 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/01/48 *(a)* | 250000 | 190225 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 03/15/51 *(a)* | 100000 | 57807 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 04/01/52 *(a)* | 150000 | 110852 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/15/53 *(a)* | 100000 | 93724 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 03/15/55 *(a)* | 75000 | 67043 |
| **Virginia Electric & Power Co.** | **Virginia Electric & Power Co.** | **Virginia Electric & Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/15/27 *(a)* | 150000 | 148218 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 05/15/27 *(a)* | 150000 | 148443 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 04/01/28 *(a)* | 150000 | 148122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 07/15/29 *(a)* | 100000 | 94161 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 11/15/31 *(a)* | 75000 | 64802 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 03/30/32 *(a)* | 150000 | 128340 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/33 *(a)* | 100000 | 99458 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/15/34 *(a)* | 100000 | 98203 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 08/15/34 *(a)* | 100000 | 98428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 01/15/36  | 150000 | 155862 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 05/15/37  | 150000 | 154924 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 11/30/37  | 100000 | 105990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.88%, 11/15/38  | 150000 | 194596 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/15/43 *(a)* | 100000 | 78505 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 08/15/43 *(a)* | 200000 | 171710 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 02/15/44 *(a)* | 100000 | 83119 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 05/15/45 *(a)* | 100000 | 79415 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 09/15/47 *(a)* | 150000 | 109332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 12/01/48 *(a)* | 150000 | 123464 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 12/01/49 *(a)* | 125000 | 81638 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 12/15/50 *(a)* | 200000 | 108766 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 11/15/51 *(a)* | 100000 | 60621 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 05/15/52 *(a)* | 100000 | 81466 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 04/01/53 *(a)* | 100000 | 92379 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 08/15/53 *(a)* | 100000 | 95571 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 01/15/54 *(a)* | 100000 | 91001 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 08/15/54 *(a)* | 100000 | 93675 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 03/15/55 *(a)* | 100000 | 95063 |
| **WEC Energy Group, Inc.** | **WEC Energy Group, Inc.** | **WEC Energy Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 10/01/27 *(a)* | 100000 | 101421 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 10/15/27 *(a)* | 200000 | 186132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 01/15/28 *(a)* | 150000 | 151365 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 10/15/30 *(a)* | 35000 | 30382 |
| **Wisconsin Electric Power Co.** | **Wisconsin Electric Power Co.** | **Wisconsin Electric Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 06/15/28 *(a)* | 100000 | 92949 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/29 *(a)* | 150000 | 153201 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 09/30/32 *(a)* | 100000 | 100047 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 10/15/48 *(a)* | 100000 | 80095 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 10/01/54 *(a)* | 75000 | 65735 |
| **Wisconsin Power & Light Co.** | **Wisconsin Power & Light Co.** | **Wisconsin Power & Light Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 07/01/29 *(a)* | 100000 | 94184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 09/01/32 *(a)* | 100000 | 93119 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 04/01/33 *(a)* | 100000 | 99037 |

---

**67**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 03/30/34 *(a)* | 100000 | 100254 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 04/01/50 *(a)* | 100000 | 69695 |
| **Wisconsin Public Service Corp.** | **Wisconsin Public Service Corp.** | **Wisconsin Public Service Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.67%, 12/01/42  | 150000 | 114122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 09/01/49 *(a)* | 100000 | 66307 |
| **Xcel Energy, Inc.** | **Xcel Energy, Inc.** | **Xcel Energy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 12/01/26 *(a)* | 150000 | 147304 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/15/28 *(a)* | 250000 | 246265 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 12/01/29 *(a)* | 100000 | 91483 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 06/01/30 *(a)* | 100000 | 94002 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 06/01/32 *(a)* | 200000 | 192070 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 08/15/33 *(a)* | 150000 | 150405 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/15/34 *(a)* | 150000 | 149607 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 04/15/35 *(a)* | 150000 | 150211 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 12/01/49 *(a)* | 100000 | 66491 |
|  |  | **110565118** |
| ***Natural Gas 0.2%***  | ***Natural Gas 0.2%***  | ***Natural Gas 0.2%***  |
| **Atmos Energy Corp.** | **Atmos Energy Corp.** | **Atmos Energy Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 06/15/27 *(a)* | 100000 | 97612 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 09/15/29 *(a)* | 125000 | 116279 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 01/15/31 *(a)* | 150000 | 126888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 11/15/33 *(a)* | 150000 | 158608 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 10/15/44 *(a)* | 300000 | 243729 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 10/01/48 *(a)* | 100000 | 80703 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/15/49 *(a)* | 100000 | 77728 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 09/15/49 *(a)* | 100000 | 68203 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 02/15/52 *(a)* | 150000 | 89879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 10/15/52 *(a)* | 100000 | 98152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 11/15/53 *(a)* | 100000 | 104787 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/15/54 *(a)* | 100000 | 88339 |
| **CenterPoint Energy Resources Corp.** | **CenterPoint Energy Resources Corp.** | **CenterPoint Energy Resources Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/01/28 *(a)* | 200000 | 204124 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/01/28 *(a)* | 100000 | 98709 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 10/01/30 *(a)* | 100000 | 86012 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 07/01/34 *(a)* | 75000 | 75418 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 01/15/41 *(a)* | 100000 | 99315 |
| **National Grid USA** | **National Grid USA** | **National Grid USA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 04/01/35  | 75000 | 75146 |
| **NiSource, Inc.** | **NiSource, Inc.** | **NiSource, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.49%, 05/15/27 *(a)* | 250000 | 245060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/30/28 *(a)* | 200000 | 203882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 07/01/29 *(a)* | 150000 | 152928 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 09/01/29 *(a)* | 100000 | 93692 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 05/01/30 *(a)* | 150000 | 142821 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 02/15/31 *(a)* | 150000 | 126963 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 06/30/33 *(a)* | 75000 | 75476 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 04/01/34 *(a)* | 100000 | 100407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 06/15/41 *(a)* | 75000 | 74368 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 02/15/43 *(a)* | 45000 | 41202 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 02/15/44 *(a)* | 209000 | 181007 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 02/01/45 *(a)* | 100000 | 95305 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 05/15/47 *(a)* | 200000 | 160322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 03/30/48 *(a)* | 100000 | 75015 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/52 *(a)* | 75000 | 64430 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 11/30/54 *(a)(b)* | 75000 | 76714 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 03/31/55 *(a)(b)* | 125000 | 124142 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 04/01/55 *(a)* | 125000 | 120844 |
| **Northwest Natural Holding Co.** | **Northwest Natural Holding Co.** | **Northwest Natural Holding Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 09/15/55 *(a)(b)* | 50000 | 50091 |
| **ONE Gas, Inc.** | **ONE Gas, Inc.** | **ONE Gas, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 05/15/30 *(a)* | 100000 | 88313 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 09/01/32 *(a)* | 75000 | 71213 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.66%, 02/01/44 *(a)* | 100000 | 86017 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 11/01/48 *(a)* | 100000 | 81153 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Piedmont Natural Gas Co., Inc.** | **Piedmont Natural Gas Co., Inc.** | **Piedmont Natural Gas Co., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 06/01/29 *(a)* | 150000 | 143832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 03/15/31 *(a)* | 100000 | 87855 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 06/15/33 *(a)* | 100000 | 100775 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 02/15/35 *(a)* | 75000 | 74112 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.64%, 11/01/46 *(a)* | 100000 | 70334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 06/01/50 *(a)* | 100000 | 64464 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 05/15/52 *(a)* | 50000 | 42706 |
| **Sempra** | **Sempra** | **Sempra** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 08/01/26 *(a)* | 100000 | 100848 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/15/27 *(a)* | 200000 | 194880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 02/01/28 *(a)* | 200000 | 194628 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 04/01/29 *(a)* | 150000 | 144982 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 08/01/33 *(a)* | 150000 | 150969 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 02/01/38 *(a)* | 150000 | 121513 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 10/15/39  | 150000 | 149221 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/01/48 *(a)* | 150000 | 108384 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 04/01/52 *(a)(b)* | 200000 | 189360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 10/01/54 *(a)(b)* | 200000 | 187986 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 10/01/54 *(a)(b)* | 200000 | 195922 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55%, 04/01/55 *(a)(b)* | 100000 | 93766 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 04/01/55 *(a)(b)* | 75000 | 70895 |
| **Southern California Gas Co.** | **Southern California Gas Co.** | **Southern California Gas Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 04/15/27 *(a)* | 150000 | 146320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 02/01/30 *(a)* | 100000 | 91100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 06/01/33 *(a)* | 100000 | 99846 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 09/01/34 *(a)* | 100000 | 98657 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 06/15/35 *(a)* | 100000 | 100229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/15/42 *(a)* | 75000 | 56696 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 06/01/48 *(a)* | 75000 | 56628 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 01/15/49 *(a)* | 150000 | 116500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 02/15/50 *(a)* | 100000 | 72854 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 11/15/52 *(a)* | 100000 | 103356 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 06/01/53 *(a)* | 100000 | 95418 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 04/01/54 *(a)* | 100000 | 94153 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 06/15/55 *(a)* | 100000 | 98945 |
| **Southern Co. Gas Capital Corp.** | **Southern Co. Gas Capital Corp.** | **Southern Co. Gas Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 01/15/31 *(a)* | 100000 | 85055 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 09/15/32 *(a)* | 100000 | 99845 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 09/15/33 *(a)* | 100000 | 103017 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 09/15/34 *(a)* | 100000 | 96633 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 03/15/41 *(a)* | 150000 | 149479 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 06/01/43 *(a)* | 75000 | 61702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 10/01/46 *(a)* | 150000 | 111946 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 05/30/47 *(a)* | 100000 | 79036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 09/30/51 *(a)* | 75000 | 46319 |
| **Southwest Gas Corp.** | **Southwest Gas Corp.** | **Southwest Gas Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 06/15/30 *(a)* | 250000 | 222085 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 03/15/32 *(a)* | 150000 | 140007 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 06/01/49 *(a)* | 100000 | 74910 |
| **Spire Missouri, Inc.** | **Spire Missouri, Inc.** | **Spire Missouri, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 08/15/34 *(a)* | 50000 | 49970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 06/01/51 *(a)* | 100000 | 65584 |
| **Washington Gas Light Co.** | **Washington Gas Light Co.** | **Washington Gas Light Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 09/15/46 *(a)* | 100000 | 74230 |
|  |  | **9698948** |
| ***Utility Other 0.0%***  | ***Utility Other 0.0%***  | ***Utility Other 0.0%***  |
| **American Water Capital Corp.** | **American Water Capital Corp.** | **American Water Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/01/28 *(a)* | 240000 | 235682 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 06/01/29 *(a)* | 300000 | 288198 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 06/01/31 *(a)* | 200000 | 173868 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 03/01/34 *(a)* | 100000 | 99921 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.59%, 10/15/37  | 150000 | 164532 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/01/46 *(a)* | 150000 | 115764 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/01/47 *(a)* | 200000 | 148334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 09/01/48 *(a)* | 100000 | 78844 |

---

**68**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 06/01/49 *(a)* | 150000 | 116460 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 05/01/50 *(a)* | 100000 | 68562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/01/51 *(a)* | 200000 | 131618 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/01/54 *(a)* | 100000 | 94090 |
| **Essential Utilities, Inc.** | **Essential Utilities, Inc.** | **Essential Utilities, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 08/15/27 *(a)* | 100000 | 100622 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.57%, 05/01/29 *(a)* | 75000 | 71973 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 04/15/30 *(a)* | 100000 | 91124 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 05/01/31 *(a)* | 50000 | 43558 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 01/15/34 *(a)* | 100000 | 99786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.28%, 05/01/49 *(a)* | 100000 | 75530 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 04/15/50 *(a)* | 100000 | 63920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 05/01/52 *(a)* | 100000 | 88193 |
| **United Utilities PLC** | **United Utilities PLC** | **United Utilities PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 08/15/28  | 100000 | 106828 |
|  |  | **2457407** |
|  |  | **122721473** |
| **Total Corporates**<br> **(Cost $1,396,837,859)** | **Total Corporates**<br> **(Cost $1,396,837,859)** | **1278990590** |
| **TREASURIES** 44.8% OF NET ASSETS | **TREASURIES** 44.8% OF NET ASSETS | **TREASURIES** 44.8% OF NET ASSETS |
| **U.S. Treasury Bonds** | **U.S. Treasury Bonds** | **U.S. Treasury Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 08/15/26  | 750000 | 774800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 11/15/26  | 955300 | 993531 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 02/15/27  | 496400 | 520124 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 08/15/27  | 743300 | 782643 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 11/15/27  | 1509500 | 1588808 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 08/15/28  | 280000 | 294262 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 11/15/28  | 1588100 | 1656959 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 02/15/29  | 795300 | 834879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 08/15/29  | 900000 | 976078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 05/15/30  | 950000 | 1046373 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 02/15/31  | 1460000 | 1558208 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/15/36  | 1536700 | 1556629 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/15/37  | 881000 | 904815 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/37  | 1180000 | 1236695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 02/15/38  | 1290600 | 1268821 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/15/38  | 1481000 | 1475215 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 02/15/39  | 1728300 | 1531976 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 05/15/39  | 1887500 | 1805659 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 08/15/39  | 2223300 | 2176923 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 11/15/39  | 2375900 | 2288846 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 02/15/40  | 3148600 | 3114900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 05/15/40  | 7350000 | 4469719 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 05/15/40  | 2377000 | 2283591 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 08/15/40  | 9200000 | 5535094 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 08/15/40  | 2459100 | 2219722 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 11/15/40  | 9800000 | 6118109 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 11/15/40  | 2273600 | 2139138 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 02/15/41  | 12300000 | 8290008 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/15/41  | 2200000 | 2188656 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 05/15/41  | 9100000 | 6481617 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 05/15/41  | 1613700 | 1535789 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 08/15/41  | 13000000 | 8447969 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 08/15/41  | 2103600 | 1850018 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 11/15/41  | 11300000 | 7621320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 11/15/41  | 2381600 | 1914397 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 02/15/42  | 9300000 | 6627703 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 02/15/42  | 2430900 | 1946429 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/15/42  | 2505300 | 1961180 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/15/42  | 7800000 | 6330797 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 08/15/42  | 2668100 | 2001075 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 08/15/42  | 7100000 | 5848070 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 11/15/42  | 4010800 | 2992746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/15/42  | 7500000 | 6719531 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 02/15/43  | 3282900 | 2588361 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 02/15/43  | 7300000 | 6414875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 05/15/43  | 5672800 | 4288282 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 05/15/43  | 7100000 | 6223039 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 08/15/43  | 4042900 | 3413092 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 08/15/43  | 7700000 | 7205516 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 11/15/43  | 3902900 | 3345517 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 11/15/43  | 7550000 | 7406078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 02/15/44  | 4262900 | 3578172 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/15/44  | 7650000 | 7258535 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 05/15/44  | 3893600 | 3138302 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 05/15/44  | 7900000 | 7609305 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 08/15/44  | 5288200 | 4083069 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 08/15/44  | 7549000 | 6787023 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 11/15/44  | 4553600 | 3432632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 11/15/44  | 7650000 | 7351770 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 02/15/45  | 5807000 | 3997757 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/15/45  | 7550000 | 7373637 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/15/45  | 2868600 | 2151002 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/45  | 4200000 | 4243887 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 08/15/45  | 3588200 | 2624712 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 11/15/45  | 2618600 | 1952084 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 02/15/46  | 4800000 | 3254625 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 05/15/46  | 4717800 | 3187832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 08/15/46  | 6295800 | 4030296 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 11/15/46  | 2598900 | 1873848 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 02/15/47  | 5500000 | 4044219 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/15/47  | 4200000 | 3078469 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 08/15/47  | 6075000 | 4233990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 11/15/47  | 6300000 | 4378992 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 02/15/48  | 7050000 | 5122266 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 05/15/48  | 7000000 | 5193672 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 08/15/48  | 7750000 | 5603613 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 11/15/48  | 8600000 | 6652906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 02/15/49  | 8500000 | 6123320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 05/15/49  | 8550000 | 5999027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 08/15/49  | 8000000 | 4896875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 11/15/49  | 8200000 | 5148703 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 02/15/50  | 9570000 | 5482563 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 05/15/50  | 11200000 | 5233375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 08/15/50  | 12501000 | 5998527 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 11/15/50  | 11901000 | 6114139 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 02/15/51  | 13800000 | 7555500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 05/15/51  | 13500000 | 8356289 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 08/15/51  | 13100000 | 7362609 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 11/15/51  | 12500000 | 6775391 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 02/15/52  | 10800000 | 6434437 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 05/15/52  | 10399000 | 7147688 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 08/15/52  | 10575000 | 7459506 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/15/52  | 10300000 | 8814547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 02/15/53  | 10300000 | 8227125 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 05/15/53  | 10300000 | 8219078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 08/15/53  | 11869000 | 10379811 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 11/15/53  | 12350000 | 11986254 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 02/15/54  | 12725000 | 11367998 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 05/15/54  | 12750000 | 12129434 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 08/15/54  | 12700000 | 11360547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 11/15/54  | 12700000 | 11859617 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 02/15/55  | 12650000 | 12069879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 05/15/55  | 6000000 | 5848125 |
| **U.S. Treasury Notes** | **U.S. Treasury Notes** | **U.S. Treasury Notes** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 06/15/26  | 7500000 | 7498828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 06/30/26  | 9900000 | 9563361 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 06/30/26  | 4450000 | 4345182 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 06/30/26  | 6000000 | 6030469 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/15/26  | 7000000 | 7030488 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 07/31/26  | 10500000 | 10090254 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 07/31/26  | 4300000 | 4193088 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 07/31/26  | 12200000 | 12236934 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 08/15/26  | 9971600 | 9673621 |

---

**69**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 08/15/26  | 8000000 | 8027969 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 08/31/26  | 11000000 | 10560859 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 08/31/26  | 4600000 | 4451758 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 08/31/26  | 13000000 | 12949473 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 09/15/26  | 8100000 | 8157744 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 09/30/26  | 10500000 | 10074668 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 09/30/26  | 3300000 | 3198357 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 09/30/26  | 12800000 | 12712500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 10/15/26  | 8500000 | 8566406 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 10/31/26  | 10601000 | 10182550 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 10/31/26  | 4301000 | 4161806 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 10/31/26  | 13000000 | 13017012 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 11/15/26  | 8773900 | 8526277 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 11/15/26  | 8800000 | 8874078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 11/30/26  | 11098000 | 10659282 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 11/30/26  | 3700000 | 3574041 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 11/30/26  | 13000000 | 13046465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 12/15/26  | 8800000 | 8848984 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 12/31/26  | 10600000 | 10161094 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 12/31/26  | 4300000 | 4154203 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/31/26  | 13000000 | 13051035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/15/27  | 9501000 | 9503783 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 01/31/27  | 14200000 | 13641430 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 01/31/27  | 13000000 | 13032500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 02/15/27  | 8442600 | 8207790 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 02/15/27  | 10000000 | 10026172 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 02/28/27  | 1200000 | 1143375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 02/28/27  | 8500000 | 8205654 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 02/28/27  | 13000000 | 13038340 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/15/27  | 10000000 | 10052930 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 03/31/27  | 4350000 | 4099875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 03/31/27  | 8800000 | 8580516 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 03/31/27  | 12000000 | 11988281 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/15/27  | 10000000 | 10102539 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 04/30/27  | 5400000 | 5064082 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 04/30/27  | 8050000 | 7878937 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/30/27  | 12000000 | 11964141 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 05/15/27  | 10000000 | 9713867 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/15/27  | 10500000 | 10614229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 05/31/27  | 5800000 | 5424020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 05/31/27  | 8700000 | 8487598 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 05/31/27  | 12600000 | 12596309 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 06/15/27  | 10000000 | 10141797 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 06/30/27  | 7000000 | 6530234 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/30/27  | 8200000 | 8098781 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 07/15/27  | 10300000 | 10399379 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.38%, 07/31/27  | 8000000 | 7421875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 07/31/27  | 8050000 | 7861643 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 08/15/27  | 8042000 | 7766499 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 08/15/27  | 11500000 | 11466309 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 08/31/27  | 7400000 | 6866680 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 08/31/27  | 8500000 | 8363203 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 09/15/27  | 11500000 | 11376465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.38%, 09/30/27  | 8900000 | 8214769 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 09/30/27  | 8900000 | 8950758 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 10/15/27  | 11000000 | 10998711 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 10/31/27  | 9450000 | 8720947 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 10/31/27  | 8500000 | 8547812 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 11/15/27  | 8500000 | 8179590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 11/15/27  | 11000000 | 11062305 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 11/30/27  | 9600000 | 8866875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 11/30/27  | 8100000 | 8100633 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/15/27  | 11000000 | 11036953 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 12/31/27  | 10400000 | 9578156 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 12/31/27  | 7900000 | 7903086 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 01/15/28  | 10400000 | 10496688 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 01/31/28  | 11500000 | 10599766 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 01/31/28  | 8000000 | 7927188 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 02/15/28  | 11351000 | 11027319 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 02/15/28  | 11000000 | 11107422 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 02/29/28  | 11500000 | 10686465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/29/28  | 8500000 | 8529551 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 03/15/28  | 11000000 | 11007305 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 03/31/28  | 10000000 | 9305469 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 03/31/28  | 8000000 | 7951562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/15/28  | 10500000 | 10468418 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 04/30/28  | 12000000 | 11145469 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/30/28  | 7500000 | 7426465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 05/15/28  | 11350000 | 11040979 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 05/15/28  | 12500000 | 12464355 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 05/31/28  | 11300000 | 10472363 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 05/31/28  | 7500000 | 7449902 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 06/30/28  | 10900000 | 10079945 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/30/28  | 8000000 | 8032812 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 07/31/28  | 11500000 | 10526543 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 07/31/28  | 8000000 | 8060938 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 08/15/28  | 11550000 | 11203500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 08/31/28  | 10900000 | 9991809 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 08/31/28  | 8800000 | 8932344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 09/30/28  | 11350000 | 10424266 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 09/30/28  | 9100000 | 9311148 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 10/31/28  | 10100000 | 9296734 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 10/31/28  | 10000000 | 10312891 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 11/15/28  | 10750000 | 10487969 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 11/30/28  | 10500000 | 9687480 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 11/30/28  | 10000000 | 10155859 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 12/31/28  | 10000000 | 9169141 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 12/31/28  | 10700000 | 10649426 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 01/31/29  | 9900000 | 9180316 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/31/29  | 11000000 | 11036953 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 02/15/29  | 10650000 | 10186143 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 02/28/29  | 8800000 | 8186063 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 02/28/29  | 11850000 | 11992570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 03/31/29  | 8500000 | 8040801 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/31/29  | 12300000 | 12395613 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 04/30/29  | 8000000 | 7702188 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 04/30/29  | 13000000 | 13332617 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 05/15/29  | 9050000 | 8546947 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 05/31/29  | 7300000 | 6989465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/31/29  | 12800000 | 13074500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/30/29  | 7300000 | 7116644 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 06/30/29  | 13100000 | 13262215 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 07/31/29  | 6750000 | 6417510 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/31/29  | 13000000 | 13038086 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 08/15/29  | 8350000 | 7626551 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 08/31/29  | 6900000 | 6684914 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 08/31/29  | 12100000 | 11958203 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 09/30/29  | 13000000 | 12779609 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 09/30/29  | 6600000 | 6584531 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 10/31/29  | 6500000 | 6516250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 10/31/29  | 13100000 | 13198250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 11/15/29  | 6350000 | 5796607 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 11/30/29  | 6100000 | 6082844 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 11/30/29  | 12700000 | 12800211 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 12/31/29  | 6700000 | 6680109 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 12/31/29  | 12905000 | 13135879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 01/31/30  | 6400000 | 6277000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 01/31/30  | 12900000 | 13063769 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 02/15/30  | 10550000 | 9454613 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/28/30  | 19050000 | 19097625 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 03/31/30  | 6200000 | 6107727 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/31/30  | 12500000 | 12526367 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/30/30  | 6400000 | 6266500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 04/30/30  | 12500000 | 12454102 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 05/15/30  | 15205000 | 12937317 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 05/31/30  | 6500000 | 6433730 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/31/30  | 14000000 | 14030078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 06/30/30  | 6300000 | 6233555 |

---

**70**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/31/30  | 6001000 | 6004047 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 08/15/30  | 19200000 | 16186500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 08/31/30  | 6500000 | 6538848 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 09/30/30  | 6900000 | 7102418 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 10/31/30  | 6400000 | 6664000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 11/15/30  | 20450000 | 17332174 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 11/30/30  | 7150000 | 7273170 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 12/31/30  | 6950000 | 6851994 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/31/31  | 7600000 | 7584859 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 02/15/31  | 19050000 | 16281797 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 02/28/31  | 7250000 | 7324199 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/31/31  | 8000000 | 8026562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 04/30/31  | 8000000 | 8232188 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 05/15/31  | 19150000 | 16692666 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 05/31/31  | 8000000 | 8230312 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 06/30/31  | 7800000 | 7868555 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 07/31/31  | 8300000 | 8314590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 08/15/31  | 20550000 | 17362342 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 08/31/31  | 8200000 | 8040805 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 09/30/31  | 8200000 | 7978664 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 10/31/31  | 7250000 | 7251133 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 11/15/31  | 20100000 | 16980574 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 11/30/31  | 8200000 | 8198719 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 12/31/31  | 7700000 | 7860617 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 01/31/32  | 7750000 | 7853535 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 02/15/32  | 19100000 | 16570742 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 02/29/32  | 7700000 | 7689773 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/31/32  | 8000000 | 7986875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/30/32  | 8000000 | 7924375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 05/15/32  | 18550000 | 17112375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 05/31/32  | 8500000 | 8481074 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 08/15/32  | 18455000 | 16817119 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 11/15/32  | 18450000 | 18375047 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 02/15/33  | 18400000 | 17528875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 05/15/33  | 17700000 | 16668422 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 08/15/33  | 19800000 | 19267875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 11/15/33  | 20950000 | 21270797 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/15/34  | 21950000 | 21454410 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 05/15/34  | 21950000 | 22022023 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 08/15/34  | 22000000 | 21205937 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 11/15/34  | 22350000 | 22142215 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 02/15/35  | 21750000 | 22169707 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 05/15/35  | 9300000 | 9199008 |
| **Total Treasuries**<br> **(Cost $2,455,153,444)** | **Total Treasuries**<br> **(Cost $2,455,153,444)** | **2405396555** |
| **GOVERNMENT RELATED** 4.2% OF NET ASSETS | **GOVERNMENT RELATED** 4.2% OF NET ASSETS | **GOVERNMENT RELATED** 4.2% OF NET ASSETS |
| **Agency 1.2%** | **Agency 1.2%** | **Agency 1.2%** |
| **Foreign 0.6%**  | **Foreign 0.6%**  | **Foreign 0.6%**  |
| ***Austria 0.0%***  | ***Austria 0.0%***  | ***Austria 0.0%***  |
| **Oesterreichische Kontrollbank AG** | **Oesterreichische Kontrollbank AG** | **Oesterreichische Kontrollbank AG** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/23/26  | 200000 | 202428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 05/21/27  | 500000 | 506820 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/01/28  | 250000 | 252055 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/28/28  | 300000 | 300801 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 01/18/29  | 300000 | 301386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/24/30  | 200000 | 203904 |
|  |  | **1767394** |
| ***Canada 0.1%***  | ***Canada 0.1%***  | ***Canada 0.1%***  |
| **Export Development Canada** | **Export Development Canada** | **Export Development Canada** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 06/29/26  | 300000 | 300729 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/25/27  | 550000 | 539308 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/07/27  | 500000 | 498190 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 02/14/28  | 750000 | 749025 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 06/05/34  | 1000000 | 1022850 |
|  |  | **3110102** |
| ***Germany 0.3%***  | ***Germany 0.3%***  | ***Germany 0.3%***  |
| **Kreditanstalt fuer Wiederaufbau** | **Kreditanstalt fuer Wiederaufbau** | **Kreditanstalt fuer Wiederaufbau** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 08/07/26 *(h)* | 1075000 | 1081471 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 10/01/26 *(h)* | 650000 | 624702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/01/27 *(h)* | 1000000 | 1006560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/20/27 *(h)* | 950000 | 932900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 08/27/27 *(h)* | 300000 | 297489 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 02/15/28 *(h)* | 400000 | 398608 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 04/03/28 *(h)* | 750000 | 729757 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 05/15/28 *(h)* | 500000 | 500095 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 06/15/28 *(h)* | 1000000 | 999410 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/15/29 *(h)* | 1000000 | 1001980 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 09/14/29 *(h)* | 400000 | 365736 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 03/18/30 *(h)* | 600000 | 617256 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 07/15/30 *(h)* | 750000 | 741810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 09/30/30 *(h)* | 400000 | 337916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 10/29/30 *(h)* | 400000 | 413568 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 07/15/33 *(h)* | 500000 | 492995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 02/28/34 *(h)* | 500000 | 499805 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%, 04/18/36 *(h)(i)* | 300000 | 183861 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%, 06/29/37 *(h)(i)* | 450000 | 260118 |
| **Landwirtschaftliche Rentenbank** | **Landwirtschaftliche Rentenbank** | **Landwirtschaftliche Rentenbank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 07/27/26 *(h)* | 250000 | 243428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 09/28/27 *(h)* | 250000 | 249790 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 11/15/27 *(h)* | 250000 | 241768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 04/17/29 *(h)* | 300000 | 307092 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 05/28/30 *(h)* | 300000 | 301861 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 09/03/30 *(h)* | 500000 | 425820 |
|  |  | **13255796** |
| ***Japan 0.1%***  | ***Japan 0.1%***  | ***Japan 0.1%***  |
| **Japan Bank for International Cooperation** | **Japan Bank for International Cooperation** | **Japan Bank for International Cooperation** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 07/21/26  | 400000 | 389576 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 11/04/26  | 300000 | 292011 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 01/20/27  | 200000 | 191988 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 06/01/27  | 200000 | 194944 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 07/21/27  | 200000 | 194974 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 10/05/27  | 200000 | 201304 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 11/16/27  | 250000 | 242127 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 07/19/28  | 300000 | 304524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 07/20/28  | 200000 | 195036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 10/18/28  | 200000 | 204970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 10/31/28  | 200000 | 196152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 02/16/29  | 250000 | 232433 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 10/17/29  | 200000 | 182732 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 01/21/31  | 250000 | 212333 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 04/15/31  | 700000 | 612493 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 04/17/34  | 200000 | 200618 |
| **Japan International Cooperation Agency** | **Japan International Cooperation Agency** | **Japan International Cooperation Agency** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 10/20/26  | 200000 | 194216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 04/27/27  | 200000 | 194496 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/23/28  | 250000 | 248922 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 05/21/29  | 200000 | 203788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 05/22/30  | 200000 | 200353 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 07/22/30  | 380000 | 322715 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 04/28/31  | 200000 | 172938 |
|  |  | **5585643** |
| ***Norway 0.0%***  | ***Norway 0.0%***  | ***Norway 0.0%***  |
| **Equinor ASA** | **Equinor ASA** | **Equinor ASA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 04/06/27 *(a)* | 200000 | 196438 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 09/23/27  | 200000 | 213332 |

---

**71**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 09/10/28 *(a)* | 300000 | 294744 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 04/06/30 *(a)* | 250000 | 236158 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 05/22/30 *(a)* | 100000 | 90652 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 04/06/40 *(a)* | 100000 | 80534 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 08/17/40  | 114000 | 108799 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 11/23/41  | 100000 | 85845 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 05/15/43  | 150000 | 121044 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 11/08/43  | 100000 | 89800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 11/18/49 *(a)* | 300000 | 202038 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 04/06/50 *(a)* | 250000 | 182350 |
|  |  | **1901734** |
| ***Republic of Korea 0.1%***  | ***Republic of Korea 0.1%***  | ***Republic of Korea 0.1%***  |
| **Export-Import Bank of Korea** | **Export-Import Bank of Korea** | **Export-Import Bank of Korea** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 12/29/26  | 200000 | 190192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 01/11/27  | 200000 | 200788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 01/18/27  | 250000 | 239390 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 09/15/27  | 200000 | 199608 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 10/17/27  | 200000 | 198966 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/11/28  | 400000 | 406564 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 01/14/28  | 200000 | 201484 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 09/11/29  | 200000 | 197080 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 01/14/30  | 200000 | 204012 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 09/21/30  | 500000 | 426200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 01/18/32  | 250000 | 211840 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 01/11/33  | 200000 | 203522 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 01/11/34 *(c)* | 200000 | 196438 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/14/35  | 200000 | 205646 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 06/29/41  | 200000 | 137350 |
| **Korea Development Bank** | **Korea Development Bank** | **Korea Development Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 09/09/26  | 200000 | 191704 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 02/15/27  | 350000 | 351645 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 02/24/27  | 200000 | 193132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 02/03/28  | 200000 | 201590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 02/15/28  | 200000 | 200288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/15/29  | 500000 | 502130 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 02/03/30  | 200000 | 204094 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 10/25/31  | 250000 | 215918 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 09/08/32  | 250000 | 240642 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 02/15/33  | 200000 | 193668 |
|  |  | **5913891** |
| ***Sweden 0.0%***  | ***Sweden 0.0%***  | ***Sweden 0.0%***  |
| **Svensk Exportkredit AB** | **Svensk Exportkredit AB** | **Svensk Exportkredit AB** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 09/14/26  | 250000 | 252240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 03/22/27  | 250000 | 242020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 05/08/28  | 500000 | 496960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 10/04/30  | 500000 | 516590 |
|  |  | **1507810** |
|  |  | **33042370** |
| **U.S. 0.6%** | **U.S. 0.6%** | **U.S. 0.6%** |
| **Federal Farm Credit Banks Funding Corp.** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 10/02/26  | 1000000 | 993320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/26/27  | 1000000 | 1008900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/06/28  | 500000 | 500965 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/20/29  | 1000000 | 1004670 |
| **Federal Home Loan Banks** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 06/12/26  | 500000 | 483650 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 06/12/26  | 1000000 | 1001930 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 06/12/26  | 1000000 | 1006230 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 10/09/26  | 3000000 | 3000570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 11/17/26  | 2500000 | 2522400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/30/28  | 3500000 | 3511445 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 11/16/28  | 2850000 | 2792316 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 12/08/28  | 1500000 | 1537995 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/10/34  | 1500000 | 1520010 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 07/15/36  | 330000 | 354783 |
| **Federal Home Loan Mortgage Corp.** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 03/15/31  | 200000 | 227208 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 07/15/32  | 1100000 | 1235509 |
| **Federal National Mortgage Association** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 09/24/26  | 1500000 | 1459860 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 10/08/27  | 1750000 | 1626923 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.03%, 10/08/27  | 164000 | 171452 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 05/15/30  | 1000000 | 1145130 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 08/05/30  | 3000000 | 2565630 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 11/15/30  | 2180000 | 2449077 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 07/15/37  | 500000 | 541795 |
| **Private Export Funding Corp.** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.40%, 07/15/28  | 100000 | 92158 |
| **Tennessee Valley Authority** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 06/15/35  | 655000 | 658583 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 09/15/60  | 150000 | 127572 |
|  |  | **33540081** |
|  |  | **66582451** |
| **Local Authority 0.7%** | **Local Authority 0.7%** | **Local Authority 0.7%** |
| **Foreign 0.2%**  | **Foreign 0.2%**  | **Foreign 0.2%**  |
| ***Canada 0.2%***  | ***Canada 0.2%***  | ***Canada 0.2%***  |
| **Hydro-Quebec** | **Hydro-Quebec** | **Hydro-Quebec** |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.50%, 12/01/29  | 100000 | 116933 |
| **Province of Alberta** | **Province of Alberta** | **Province of Alberta** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 03/15/28  | 200000 | 196098 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 06/26/29  | 250000 | 253585 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 07/22/30  | 450000 | 389484 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/24/34  | 200000 | 196944 |
| **Province of British Columbia** | **Province of British Columbia** | **Province of British Columbia** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 06/02/26  | 150000 | 147122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.90%, 07/20/26  | 300000 | 289155 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 01/24/28  | 700000 | 711424 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 11/15/28  | 400000 | 408956 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 04/24/29  | 400000 | 411100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 01/29/31  | 500000 | 425380 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 07/06/33  | 450000 | 435667 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 06/12/34  | 350000 | 350661 |
| **Province of Manitoba** | **Province of Manitoba** | **Province of Manitoba** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 06/22/26  | 230000 | 225069 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 10/25/28  | 150000 | 137883 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 05/31/34  | 150000 | 151754 |
| **Province of New Brunswick** | **Province of New Brunswick** | **Province of New Brunswick** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 02/24/28  | 150000 | 148007 |
| **Province of Ontario** | **Province of Ontario** | **Province of Ontario** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 06/15/26  | 300000 | 294216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 05/19/27  | 400000 | 392524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.05%, 05/21/27  | 450000 | 424386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 01/18/29  | 500000 | 501610 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 10/02/29  | 400000 | 366192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 01/15/30  | 600000 | 613158 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 10/07/30  | 500000 | 426440 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.60%, 02/25/31  | 250000 | 216288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 10/14/31  | 500000 | 427455 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 01/21/32  | 200000 | 173514 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 04/24/34  | 250000 | 256422 |
| **Province of Quebec** | **Province of Quebec** | **Province of Quebec** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 04/12/27  | 200000 | 195112 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 04/13/28  | 600000 | 593010 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/03/29  | 650000 | 658957 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 09/15/29  | 421000 | 475271 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.35%, 05/28/30  | 250000 | 218337 |

---

**72**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 04/21/31  | 250000 | 218982 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 09/08/33  | 200000 | 197562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 09/05/34  | 400000 | 385820 |
| **Province of Saskatchewan** | **Province of Saskatchewan** | **Province of Saskatchewan** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/08/27  | 200000 | 196502 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 01/28/30  | 200000 | 203972 |
|  |  | **12430952** |
| **U.S. 0.5%** | **U.S. 0.5%** | **U.S. 0.5%** |
| **American Municipal Power, Inc.** |  |  |
| RB (Build America Bonds) Series 2010 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.08%, 02/15/50  | 250000 | 307718 |
| **Bay Area Toll Authority** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; RB (Build America Bonds) <br> Series 2009F2<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.26%, 04/01/49  | 400000 | 411365 |
| &nbsp;&nbsp;&nbsp;&nbsp; RB (Build America Bonds) <br> Series 2010S3<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.91%, 10/01/50  | 230000 | 254326 |
| **Board of Regents of the University of Texas** <br> **System**<br>|  |  |
| TXBL-SER A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 08/15/47 *(a)* | 250000 | 179760 |
| **California Earthquake Authority** |  |  |
| RB Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 07/01/27  | 100000 | 100741 |
| **California State University** |  |  |
| RB Series 2017B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 11/01/47 *(a)* | 50000 | 39932 |
| RB Series 2020B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.98%, 11/01/51 *(a)* | 200000 | 128417 |
| RB Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.18%, 11/01/53 *(a)* | 50000 | 45125 |
| RB Series E |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 11/01/51 *(a)* | 100000 | 66775 |
| **Chicago O'Hare International Airport** |  |  |
| RB (Build America Bonds) Series 2010B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 01/01/40  | 100000 | 108897 |
| Series C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.47%, 01/01/49  | 150000 | 125965 |
| **Chicago Transit Authority Sales & Transfer Tax** <br> **Receipts Revenue**<br>|  |  |
| RB (Pension Funding) Series 2008A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.90%, 12/01/40  | 685141 | 749808 |
| **City of Atlanta Water & Wastewater Revenue** |  |  |
| RB Series 2020 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.26%, 11/01/35 *(a)* | 125000 | 101017 |
| **City of Houston TX** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; GO Bonds (Pension Funding) <br> Series 2017<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.96%, 03/01/47  | 120000 | 98321 |
| **City of New York** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.27%, 12/01/37  | 200000 | 212483 |
| GO Bonds Series 2023 B-1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.83%, 10/01/53  | 200000 | 202329 |
| GO Bonds Series 2024 D-1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.09%, 10/01/49  | 75000 | 69612 |
| GO Bonds Series 2024 D-1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.11%, 10/01/54  | 75000 | 68206 |
| GO Bonds Series 2024 D-2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.26%, 10/01/44 *(a)* | 200000 | 190473 |
| **City of San Antonio TX Electric & Gas Systems** <br> **Revenue**<br>|  |  |
| RB (Build America Bonds) Series 2009 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.99%, 02/01/39  | 190000 | 197575 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Commonwealth Financing Authority** |  |  |
| Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.14%, 06/01/38  | 200000 | 179703 |
| **Commonwealth of Massachusetts** |  |  |
| GO (Build America Bonds) Series 2009 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.46%, 12/01/39  | 100000 | 100038 |
| Series H |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 09/01/49  | 100000 | 65478 |
| **Commonwealth of Massachusetts** <br> **Transportation Fund Revenue**<br>|  |  |
| RB (Build America Bonds) Series 2010 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.73%, 06/01/40  | 100000 | 100985 |
| **County of Broward Airport System Revenue** |  |  |
| RB Series C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.48%, 10/01/43 *(a)* | 100000 | 79633 |
| **County of Clark Department of Aviation** |  |  |
| RB (Build America Bonds) Series 2010C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.82%, 07/01/45  | 150000 | 165104 |
| **County of Miami-Dade FL Aviation Revenue** |  |  |
| RB Series C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.28%, 10/01/41 *(a)* | 75000 | 66177 |
| **County of Riverside** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.82%, 02/15/38  | 75000 | 68414 |
| **Dallas Area Rapid Transit** |  |  |
| Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 12/01/44  | 140000 | 139916 |
| **Dallas County Hospital District** |  |  |
| GO (Build America Bonds) Series C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.62%, 08/15/44  | 100000 | 98668 |
| **Dallas Fort Worth International Airport** |  |  |
| RB Series 2020C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.92%, 11/01/50  | 250000 | 167322 |
| RB Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.09%, 11/01/51  | 100000 | 78953 |
| Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.99%, 11/01/38  | 100000 | 82814 |
| Series C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.09%, 11/01/40 *(a)* | 250000 | 192671 |
| **District of Columbia Water & Sewer Authority** |  |  |
| RB Series 2014A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.81%, 10/01/14  | 100000 | 82914 |
| **East Bay Municipal Utility District Water** <br> **System Revenue**<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Water System RB (Build America Bonds) <br> Series 2010<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.87%, 06/01/40  | 330000 | 339538 |
| **Empire State Development Corp.** |  |  |
| RB (Build America Bonds) Series 2009 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.77%, 03/15/39  | 80000 | 82231 |
| **Foothill-Eastern Transportation Corridor** <br> **Agency**<br>|  |  |
| Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.92%, 01/15/53 *(a)* | 100000 | 72452 |
| **Golden State Tobacco Securitization Corp.** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.21%, 06/01/50 *(a)* | 100000 | 69240 |
| RB Series 2021 A-1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.71%, 06/01/41 *(a)* | 100000 | 74156 |
| RB Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.12%, 06/01/38 *(a)* | 100000 | 78003 |
| RB Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 06/01/34 *(a)* | 100000 | 83992 |
| **Grand Parkway Transportation Corp.** |  |  |
| RB Series 2013E |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.18%, 10/01/42  | 100000 | 96126 |

---

**73**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Health & Educational Facilities Authority of the** <br> **State of Missouri**<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.23%, 05/15/50 *(a)* | 150000 | 101987 |
| **Illinois State Toll Highway Authority** |  |  |
| RB (Build America Bonds) Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.18%, 01/01/34  | 100000 | 105270 |
| **Indiana Finance Authority** |  |  |
| RB Series 2021 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 01/01/51  | 75000 | 51247 |
| **JobsOhio Beverage System** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.83%, 01/01/38  | 50000 | 40187 |
| Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.53%, 01/01/35  | 300000 | 297507 |
| **Kansas Development Finance Authority** |  |  |
| RB Series H |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.93%, 04/15/45  | 100000 | 91783 |
| **Los Angeles County Public Works Financing** <br> **Authority**<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.62%, 08/01/40  | 100000 | 114267 |
| **Los Angeles Department of Water & Power** |  |  |
| RB (Build America Bonds) Series 2010 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.57%, 07/01/45  | 200000 | 206579 |
| **Louisiana Local Government Environmental** <br> **Facilities & Community Development Authority**<br>|  |  |
| RB Series 2022 A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.48%, 08/01/39 *(a)* | 100000 | 93727 |
| RB Series 2023 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 12/01/34 *(a)* | 250000 | 252219 |
| RB Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 02/01/33 *(a)* | 250000 | 245858 |
| Series 2022-ELL, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.28%, 02/01/36 *(a)* | 200000 | 191744 |
| **Maryland Economic Development Corp.** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.43%, 05/31/56  | 100000 | 92807 |
| RB Series 2024 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.94%, 05/31/57 *(a)* | 75000 | 73322 |
| **Maryland Health & Higher Educational** <br> **Facilities Authority**<br>|  |  |
| RB Series D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 07/01/40 *(a)* | 150000 | 110977 |
| RB Series D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 07/01/50  | 150000 | 97259 |
| **Massachusetts School Building Authority** |  |  |
| RB Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 08/15/30  | 500000 | 450622 |
| RB Series C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 05/15/43 *(a)* | 200000 | 146715 |
| **Metropolitan Government Nashville &** <br> **Davidson County Health & Educational** <br> **Facilities Board**<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; RB (Vanderbilt Univ Medical Center) <br> Series 2016 B<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 07/01/26 *(a)* | 130000 | 129098 |
| **Metropolitan Transportation Authority** |  |  |
| RB (Build America Bonds) Series E |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.81%, 11/15/40  | 210000 | 226271 |
| **Metropolitan Transportation Authority** <br> **Dedicated Tax Fund**<br>|  |  |
| RB (Build America Bonds) Series C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.34%, 11/15/39  | 175000 | 202180 |
| **Metropolitan Washington Airports Authority** <br> **Dulles Toll Road Revenue**<br>|  |  |
| RB (Build America Bonds) Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.46%, 10/01/46  | 100000 | 114605 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Michigan Finance Authority** |  |  |
| RB Series 2019 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 12/01/40  | 200000 | 160493 |
| **Michigan State University** |  |  |
| RB Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.17%, 08/15/22 *(a)* | 75000 | 53307 |
| **Municipal Electric Authority of Georgia** |  |  |
| RB (Build America Bonds) Series 2010 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.66%, 04/01/57  | 138000 | 144136 |
| RB (Build America Bonds) Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.64%, 04/01/57  | 138000 | 146865 |
| RB Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.06%, 04/01/57  | 287000 | 312259 |
| **New Jersey Economic Development Authority** |  |  |
| Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.43%, 02/15/29  | 250000 | 262340 |
| **New Jersey Turnpike Authority** |  |  |
| RB (Build America Bonds) Series 2009F |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.41%, 01/01/40  | 350000 | 411724 |
| RB (Build America Bonds) Series 2010A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.10%, 01/01/41  | 350000 | 390998 |
| **New York City Municipal Water Finance** <br> **Authority**<br>|  |  |
| RB (Build America Bonds) Series GG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.72%, 06/15/42  | 125000 | 122167 |
| Water System RB (Build America Bonds) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.01%, 06/15/42  | 250000 | 252479 |
| &nbsp;&nbsp;&nbsp;&nbsp; Water System RB (Build America Bonds) <br> Series 2011CC<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 06/15/44  | 100000 | 98794 |
| &nbsp;&nbsp;&nbsp;&nbsp; Water System RB (Build America Bonds) <br> Series AA-2-2009<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 06/15/41  | 100000 | 98408 |
| **New York State Dormitory Authority** |  |  |
| RB (Build America Bonds) Series 2010 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 03/15/40  | 50000 | 50152 |
| RB Series 2009F |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 03/15/39  | 100000 | 100991 |
| **North Texas Tollway Authority** |  |  |
| RB (Build America Bonds) Series 2009B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.72%, 01/01/49  | 150000 | 161741 |
| **Ohio State University** |  |  |
| RB (Build America Bonds) Series 2010C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.91%, 06/01/40  | 300000 | 283185 |
| **Oklahoma Development Finance Authority** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.62%, 06/01/44  | 100000 | 93887 |
| RB Series 2022 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 11/01/45 *(a)* | 150000 | 138247 |
| **Oregon School Boards Association** |  |  |
| Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 06/30/28  | 195522 | 197441 |
| **Pennsylvania State University** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.84%, 09/01/50  | 150000 | 95725 |
| **Port Authority of New York & New Jersey** |  |  |
| Consolidated Bonds 164th Series |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 11/01/40  | 150000 | 154267 |
| Consolidated Bonds 165th Series |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 11/01/40  | 100000 | 103065 |
| Consolidated Bonds 168th Series |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.93%, 10/01/51  | 200000 | 179064 |
| Consolidated Bonds 174th Series |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.46%, 10/01/62  | 450000 | 364013 |
| Consolidated Bonds 181st Series |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.96%, 08/01/46  | 100000 | 92245 |
| Consolidated Bonds 192th Series |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.81%, 10/15/65  | 170000 | 147702 |

---

**74**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| RB Series 2019 215 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.29%, 08/01/69  | 100000 | 61246 |
| **Port of Morrow** |  |  |
| RB Series 2020 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.54%, 09/01/40  | 100000 | 72098 |
| **Regents of the University of California Medical** <br> **Center Pooled Revenue**<br>|  |  |
| RB (Build America Bonds) Series F |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.58%, 05/15/49  | 75000 | 78805 |
| RB (Build America Bonds) Series H |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55%, 05/15/48  | 100000 | 105175 |
| RB Series 2022 Q |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.56%, 05/15/53  | 100000 | 82529 |
| RB Series N |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.26%, 05/15/60 *(a)* | 100000 | 61353 |
| RB Series N |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.71%, 05/15/20 *(a)* | 75000 | 45145 |
| **Regional Transportation District Sales Tax** <br> **Revenue**<br>|  |  |
| Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.84%, 11/01/50  | 50000 | 48965 |
| **Rutgers The State University of New Jersey** |  |  |
| Series P |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.92%, 05/01/19 *(a)* | 100000 | 64739 |
| **Sales Tax Securitization Corp.** |  |  |
| RB 2021 Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.24%, 01/01/42  | 100000 | 77982 |
| RB Series 2017B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.59%, 01/01/43  | 15000 | 12355 |
| RB Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.82%, 01/01/48  | 150000 | 114882 |
| **San Diego County Water Authority., Class B** |  |  |
| RB (Build America Bonds) Series 2010B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.14%, 05/01/49  | 100000 | 102508 |
| **San Jose Redevelopment Successor Agency** |  |  |
| Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 08/01/34 *(a)* | 100000 | 90510 |
| **State Board of Administration Finance Corp.** |  |  |
| RB Series 2024 A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.53%, 07/01/34 *(a)* | 200000 | 201996 |
| Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.71%, 07/01/27  | 400000 | 378488 |
| Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 07/01/30  | 600000 | 531050 |
| **State of California** |  |  |
| GO (Build America Bonds) Series 2009 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 04/01/34  | 900000 | 1032080 |
| GO (Build America Bonds) Series 2009 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.55%, 04/01/39  | 550000 | 649179 |
| GO (Build America Bonds) Series 2009 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.30%, 10/01/39  | 500000 | 568819 |
| GO (Build America Bonds) Series 2009 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.35%, 11/01/39  | 200000 | 228926 |
| GO Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 03/01/38 *(a)* | 100000 | 98489 |
| GO Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.60%, 11/01/40  | 300000 | 353933 |
| GO Bonds Series 2010 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.63%, 03/01/40  | 300000 | 352851 |
| GO Bonds Series 2019 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 10/01/26  | 175000 | 170913 |
| GO Bonds Series 2023 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 03/01/33  | 100000 | 107625 |
| GO Bonds Series 2024 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 09/01/29  | 100000 | 103412 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **State of Connecticut** |  |  |
| GO Bonds Series 2008A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 03/15/32  | 250000 | 265290 |
| **State of Illinois** |  |  |
| GO (Build America Bonds) Series 2010 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.35%, 07/01/35  | 78572 | 83244 |
| &nbsp;&nbsp;&nbsp;&nbsp; GO Bonds (Pension Funding) <br> Series 2003<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 06/01/33  | 1446588 | 1437776 |
| **State of Oregon** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; GO Bonds (Pension Funding) <br> Series 2003<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.89%, 06/01/27  | 338820 | 346077 |
| **State of Texas** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; GO Mobility Fund Bonds (Build America <br> Bonds) Series 2009A<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.52%, 04/01/39  | 580000 | 584556 |
| **State of Wisconsin** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 05/01/27  | 100000 | 98113 |
| **Texas Natural Gas Securitization Finance Corp.** |  |  |
| RB 2023 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 04/01/35 *(a)* | 264801 | 269168 |
| RB Series 2023 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.17%, 04/01/41 *(a)* | 200000 | 198608 |
| **Texas Private Activity Bond Surface** <br> **Transportation Corp.**<br>|  |  |
| RB Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.92%, 12/31/49  | 150000 | 114557 |
| **University of California** |  |  |
| RB Series 2015AQ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.77%, 05/15/15  | 150000 | 118868 |
| RB Series 2019 BD |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 07/01/29  | 100000 | 96727 |
| RB Series 2020 BG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.32%, 05/15/27 *(a)* | 195000 | 185008 |
| RB Series AD |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.86%, 05/15/12  | 100000 | 79910 |
| RB Series BG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.61%, 05/15/30 *(a)* | 250000 | 220216 |
| **University of Michigan** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 04/01/22 *(a)* | 250000 | 190870 |
| RB Series C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 04/01/47  | 200000 | 160972 |
| Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.44%, 04/01/40 *(a)* | 250000 | 176829 |
| **University of Pittsburgh-of the Commonwealth** <br> **System of Higher Education**<br>|  |  |
| RB Series 2019A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.56%, 09/15/19 *(a)* | 100000 | 61573 |
| **University of Virginia** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; General Revenue Pledge and Refunding <br> Bonds, Series 2020<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.26%, 09/01/50 *(a)* | 400000 | 217862 |
| Series C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.18%, 09/01/17 *(a)* | 100000 | 71457 |
|  |  | **25049033** |
|  |  | **37479985** |

---

**75**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Sovereign 1.0%** | **Sovereign 1.0%** | **Sovereign 1.0%** |
| ***Canada 0.0%***  | ***Canada 0.0%***  | ***Canada 0.0%***  |
| **Canada Government International Bonds** | **Canada Government International Bonds** | **Canada Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/26/28  | 800000 | 797048 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 04/30/29  | 750000 | 768240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/18/30  | 500000 | 500335 |
|  |  | **2065623** |
| ***Chile 0.1%***  | ***Chile 0.1%***  | ***Chile 0.1%***  |
| **Chile Government International Bonds** | **Chile Government International Bonds** | **Chile Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 01/31/27 *(a)* | 250000 | 243022 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.24%, 02/06/28 *(a)* | 250000 | 242045 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 01/22/29 *(a)* | 300000 | 302721 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 01/31/31 *(a)* | 300000 | 265206 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 01/27/32 *(a)* | 200000 | 173430 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 07/27/33 *(a)* | 500000 | 416590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 01/31/34 *(a)* | 250000 | 221850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 01/05/36 *(a)* | 400843 | 388401 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 01/13/37 *(a)* | 300000 | 305004 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 05/07/41 *(a)* | 550000 | 401016 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.34%, 03/07/42 *(a)* | 250000 | 212203 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 10/30/42  | 150000 | 116634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.86%, 06/21/47  | 200000 | 151656 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 01/25/50 *(a)* | 500000 | 347790 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/31/52 *(a)* | 200000 | 150184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.33%, 01/05/54 *(a)* | 300000 | 276324 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 01/22/61 *(a)* | 250000 | 146980 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 09/21/71 *(a)* | 200000 | 118236 |
|  |  | **4479292** |
| ***Hungary 0.0%***  | ***Hungary 0.0%***  | ***Hungary 0.0%***  |
| **Hungary Government International Bonds** | **Hungary Government International Bonds** | **Hungary Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.63%, 03/29/41  | 300000 | 333510 |
| ***Indonesia 0.1%***  | ***Indonesia 0.1%***  | ***Indonesia 0.1%***  |
| **Indonesia Government International Bonds** | **Indonesia Government International Bonds** | **Indonesia Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 01/11/28  | 200000 | 196288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 01/11/28 *(a)* | 300000 | 301899 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 04/24/28  | 250000 | 249062 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/11/29  | 200000 | 202792 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 03/10/29 *(a)* | 200000 | 199988 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 09/18/29  | 250000 | 240120 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/15/30 *(a)* | 200000 | 205822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 02/14/30  | 400000 | 370928 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 10/15/30  | 300000 | 289377 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 07/28/31 *(a)* | 200000 | 172014 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 09/20/32 *(a)* | 250000 | 245438 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 01/11/33 *(a)* | 200000 | 197904 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 09/10/34 *(a)* | 200000 | 193930 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 01/15/35 *(a)* | 200000 | 206334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 01/11/48  | 400000 | 328644 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 02/11/49 *(c)* | 200000 | 190602 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 10/30/49  | 300000 | 219660 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 02/14/50  | 200000 | 141204 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 10/15/50  | 250000 | 198360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 03/12/51  | 400000 | 257868 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 01/11/53 *(a)* | 200000 | 194776 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 02/10/54 *(a)* | 200000 | 182138 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 09/10/54 *(a)(c)* | 200000 | 183826 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 09/23/61 *(a)* | 200000 | 123066 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 04/15/70  | 200000 | 155820 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 03/12/71  | 200000 | 123300 |
|  |  | **5571160** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| ***Israel 0.1%***  | ***Israel 0.1%***  | ***Israel 0.1%***  |
| **Israel Government International Bonds** | **Israel Government International Bonds** | **Israel Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 01/17/28  | 200000 | 191844 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 03/12/29  | 300000 | 304371 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 02/19/30  | 400000 | 403432 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 07/03/30  | 350000 | 311776 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/17/33  | 350000 | 328013 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/12/34  | 700000 | 692188 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 02/19/35  | 500000 | 494995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/30/43  | 300000 | 246933 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 01/17/48  | 200000 | 147650 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 07/03/50  | 300000 | 204027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 03/12/54  | 500000 | 444740 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/03/20  | 200000 | 137160 |
| **State of Israel** | **State of Israel** | **State of Israel** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 01/15/30  | 200000 | 178380 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 01/15/50  | 350000 | 217483 |
|  |  | **4302992** |
| ***Italy 0.0%***  | ***Italy 0.0%***  | ***Italy 0.0%***  |
| **Republic of Italy Government International Bonds** | **Republic of Italy Government International Bonds** | **Republic of Italy Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 10/17/29  | 475000 | 442425 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 06/15/33  | 250000 | 257050 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 10/17/49  | 550000 | 389873 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 05/06/51  | 500000 | 335775 |
|  |  | **1425123** |
| ***Mexico 0.2%***  | ***Mexico 0.2%***  | ***Mexico 0.2%***  |
| **Mexico Government International Bonds** | **Mexico Government International Bonds** | **Mexico Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 03/28/27  | 500000 | 495540 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 01/11/28  | 600000 | 587022 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 02/09/28 *(a)* | 200000 | 203558 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/22/29  | 600000 | 587562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/07/29 *(a)* | 200000 | 199244 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 04/16/30 *(a)* | 500000 | 456615 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 05/13/30 *(a)* | 400000 | 412884 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.66%, 05/24/31 *(a)* | 400000 | 341604 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.30%, 08/15/31  | 150000 | 175928 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 04/27/32 *(a)* | 500000 | 467580 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 05/19/33 *(a)* | 400000 | 370392 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 02/12/34 *(a)* | 200000 | 165176 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 09/27/34  | 362000 | 377251 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 02/09/35 *(a)* | 400000 | 399668 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 05/07/36 *(a)* | 750000 | 720840 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 05/13/37 *(a)* | 700000 | 711011 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 01/11/40  | 700000 | 652414 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.28%, 08/14/41 *(a)* | 400000 | 296820 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/08/44  | 750000 | 569122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 01/21/45  | 550000 | 475360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 01/23/46  | 450000 | 326493 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 01/15/47  | 300000 | 208608 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 02/10/48  | 400000 | 285728 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/31/50 *(a)* | 275000 | 192321 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/27/51 *(a)* | 450000 | 335907 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 02/12/52 *(a)* | 250000 | 167960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.34%, 05/04/53 *(a)* | 600000 | 528786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 05/07/54 *(a)* | 500000 | 442020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.38%, 05/13/55 *(a)* | 500000 | 496150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.77%, 05/24/61 *(a)* | 600000 | 338088 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 10/12/10  | 420000 | 319763 |
|  |  | **12307415** |
| ***Panama 0.1%***  | ***Panama 0.1%***  | ***Panama 0.1%***  |
| **Panama Government International Bonds** | **Panama Government International Bonds** | **Panama Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.88%, 09/30/27  | 250000 | 270800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 03/17/28 *(a)* | 200000 | 191990 |

---

**76**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.38%, 04/01/29  | 300000 | 335334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.16%, 01/23/30 *(a)* | 200000 | 176614 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 03/01/31 *(a)* | 200000 | 209644 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 09/29/32 *(a)* | 800000 | 589576 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 01/19/33 *(a)* | 200000 | 157974 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%, 02/14/35 *(a)* | 450000 | 425835 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.70%, 01/26/36  | 131000 | 126850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 01/31/36 *(a)* | 200000 | 194494 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 03/01/38 *(a)* | 200000 | 207824 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/15/47 *(a)* | 250000 | 164705 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/16/50 *(a)* | 400000 | 256096 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 04/29/53  | 400000 | 244768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.85%, 03/28/54 *(a)* | 200000 | 174436 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/01/56 *(a)* | 350000 | 215344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%, 03/01/57 *(a)* | 200000 | 195394 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.87%, 07/23/60 *(a)* | 650000 | 350025 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/19/63 *(a)* | 250000 | 151533 |
|  |  | **4639236** |
| ***Peru 0.1%***  | ***Peru 0.1%***  | ***Peru 0.1%***  |
| **Peru Government International Bonds** | **Peru Government International Bonds** | **Peru Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 08/25/27  | 250000 | 249110 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.84%, 06/20/30  | 150000 | 135965 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.78%, 01/23/31 *(a)* | 400000 | 354048 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.86%, 12/01/32 *(a)* | 300000 | 236064 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.75%, 11/21/33  | 450000 | 546034 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 01/15/34 *(a)* | 400000 | 333440 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 02/08/35 *(a)* | 200000 | 196916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55%, 03/14/37  | 300000 | 319482 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 03/11/41 *(a)* | 250000 | 182467 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 11/18/50  | 395000 | 368618 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 03/10/51 *(a)* | 350000 | 236152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 08/08/54 *(a)* | 400000 | 378444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.78%, 12/01/60 *(a)* | 250000 | 131605 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 01/15/72 *(a)* | 200000 | 121196 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.23%, 07/28/21 *(a)* | 200000 | 105488 |
|  |  | **3895029** |
| ***Philippines 0.1%***  | ***Philippines 0.1%***  | ***Philippines 0.1%***  |
| **Philippines Government International Bonds** | **Philippines Government International Bonds** | **Philippines Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.23%, 03/29/27  | 200000 | 196022 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 02/01/28  | 400000 | 386516 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 01/14/29  | 200000 | 195922 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%, 02/02/30  | 250000 | 301655 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.46%, 05/05/30  | 200000 | 181682 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%, 01/14/31  | 350000 | 405419 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 01/06/32  | 200000 | 168438 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 01/15/32  | 300000 | 324969 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.56%, 09/29/32  | 200000 | 183852 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.61%, 04/13/33  | 200000 | 208118 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/14/34  | 200000 | 202406 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 10/23/34  | 400000 | 436184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 02/04/35  | 200000 | 206202 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/05/35  | 200000 | 194502 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/13/37  | 200000 | 195732 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 01/20/40  | 600000 | 507786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/01/41  | 550000 | 437305 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 02/02/42  | 400000 | 313968 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 05/05/45  | 200000 | 134382 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 12/10/45  | 200000 | 126776 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 07/06/46  | 500000 | 345655 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/29/47  | 200000 | 160662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/17/48  | 200000 | 192504 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 05/14/49  | 200000 | 193056 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.18%, 09/05/49  | 200000 | 182254 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 02/04/50  | 200000 | 200776 |
|  |  | **6582743** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| ***Poland 0.1%***  | ***Poland 0.1%***  | ***Poland 0.1%***  |
| **Republic of Poland Government International Bonds** | **Republic of Poland Government International Bonds** | **Republic of Poland Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 11/16/27 *(a)* | 200000 | 206184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 03/18/29 *(a)* | 250000 | 251785 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 02/12/30  | 500000 | 505570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 11/16/32 *(a)* | 300000 | 313464 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 10/04/33 *(a)* | 400000 | 392756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 09/18/34 *(a)* | 500000 | 496170 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 02/12/35 *(a)* | 500000 | 500975 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 04/04/53 *(a)* | 350000 | 319490 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/18/54 *(a)* | 700000 | 637070 |
|  |  | **3623464** |
| ***Republic of Korea 0.0%***  | ***Republic of Korea 0.0%***  | ***Republic of Korea 0.0%***  |
| **Korea International Bonds** | **Korea International Bonds** | **Korea International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 01/19/27  | 250000 | 244473 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 09/20/28  | 200000 | 195602 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 06/19/29  | 200000 | 187260 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/03/29 *(c)* | 200000 | 202144 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 10/15/31 *(c)* | 200000 | 171408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 06/10/44  | 200000 | 170822 |
|  |  | **1171709** |
| ***Uruguay 0.1%***  | ***Uruguay 0.1%***  | ***Uruguay 0.1%***  |
| **Oriental Republic of Uruguay** | **Oriental Republic of Uruguay** | **Oriental Republic of Uruguay** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 09/10/60 *(a)* | 200000 | 176350 |
| **Uruguay Government International Bonds** | **Uruguay Government International Bonds** | **Uruguay Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 10/27/27  | 300000 | 300012 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 01/23/31 *(a)* | 350000 | 346503 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 10/28/34 *(a)* | 400000 | 417320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.63%, 03/21/36  | 250000 | 294908 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.44%, 02/14/37 *(a)* | 300000 | 302562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 11/20/45  | 150000 | 124229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 06/18/50  | 750000 | 674692 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.98%, 04/20/55  | 400000 | 345128 |
|  |  | **2981704** |
|  |  | **53379000** |
| **Supranational\* 1.3%** | **Supranational\* 1.3%** | **Supranational\* 1.3%** |
| **African Development Bank** | **African Development Bank** | **African Development Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 07/22/26  | 500000 | 482220 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 01/04/27  | 350000 | 353308 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 02/25/27  | 500000 | 501095 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 11/03/27  | 500000 | 505155 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/14/28  | 250000 | 253043 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 09/18/29  | 400000 | 392360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 05/07/34 *(a)(b)(j)* | 200000 | 191500 |
| **Asian Development Bank** | **Asian Development Bank** | **Asian Development Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 08/14/26  | 400000 | 389208 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 01/12/27  | 500000 | 489350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 01/12/27  | 500000 | 501020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 01/20/27  | 500000 | 480475 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 08/20/27  | 500000 | 491760 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 11/02/27  | 500000 | 483875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 01/14/28  | 900000 | 910620 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 01/19/28  | 500000 | 485750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/25/28  | 500000 | 497940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 06/09/28  | 250000 | 231188 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.82%, 06/16/28  | 250000 | 263218 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 08/25/28  | 500000 | 508665 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/06/29  | 600000 | 608796 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 03/15/29  | 300000 | 278184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 08/28/29  | 600000 | 592170 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 09/19/29  | 250000 | 228248 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 01/24/30  | 400000 | 364384 |

---

**77**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 05/30/30  | 700000 | 703801 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 10/08/30  | 750000 | 632002 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 03/04/31  | 500000 | 434030 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 09/28/32  | 650000 | 635082 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/12/33  | 350000 | 343900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 06/14/33  | 350000 | 340053 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 01/12/34  | 350000 | 343889 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/22/35  | 300000 | 298935 |
| **Asian Infrastructure Investment Bank** | **Asian Infrastructure Investment Bank** | **Asian Infrastructure Investment Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/14/27  | 300000 | 299004 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 01/18/29  | 500000 | 502975 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/16/30  | 1250000 | 1275825 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/21/35  | 200000 | 201408 |
| **Corp. Andina de Fomento** | **Corp. Andina de Fomento** | **Corp. Andina de Fomento** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 02/08/27  | 400000 | 386712 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 04/26/27  | 300000 | 309180 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/24/29  | 500000 | 510795 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/22/30  | 400000 | 409752 |
| **Council of Europe Development Bank** | **Council of Europe Development Bank** | **Council of Europe Development Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 09/22/26  | 400000 | 384040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 06/11/27  | 350000 | 354329 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 05/08/28  | 200000 | 198499 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 01/24/29  | 250000 | 251283 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/15/30  | 300000 | 306018 |
| **European Bank for Reconstruction & Development** | **European Bank for Reconstruction & Development** | **European Bank for Reconstruction & Development** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/09/28  | 500000 | 505920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 01/25/29  | 500000 | 502710 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/13/34  | 250000 | 246793 |
| **European Investment Bank** | **European Investment Bank** | **European Investment Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 10/26/26  | 500000 | 477945 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 03/15/27  | 750000 | 716872 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/19/27  | 700000 | 704991 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 05/24/27  | 450000 | 436536 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 11/15/27  | 500000 | 492700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 03/15/28  | 1050000 | 1049937 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 06/15/28  | 300000 | 299985 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 10/16/28  | 750000 | 763867 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/15/29  | 750000 | 751890 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 03/15/29  | 500000 | 462130 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 06/15/29  | 1100000 | 1132736 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 10/09/29  | 350000 | 317751 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 11/15/29  | 1000000 | 991320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/14/30  | 1500000 | 1534260 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 05/17/30  | 170000 | 146271 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 07/15/30  | 800000 | 785352 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 09/23/30  | 500000 | 422605 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 02/14/31  | 500000 | 429165 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 05/13/31  | 250000 | 217895 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 10/10/31  | 750000 | 758865 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 02/14/33  | 500000 | 483925 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 02/13/34  | 750000 | 737475 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 02/12/35  | 500000 | 508420 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 02/15/36  | 800000 | 828064 |
| **Inter-American Development Bank** | **Inter-American Development Bank** | **Inter-American Development Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 06/02/26  | 524000 | 513148 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 07/23/26  | 300000 | 293073 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 01/13/27  | 500000 | 480540 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 02/01/27  | 250000 | 251430 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 07/07/27  | 350000 | 339133 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 09/16/27  | 500000 | 464360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/12/28  | 400000 | 400916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 07/20/28  | 500000 | 459015 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 09/18/28  | 650000 | 633880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 02/15/29  | 750000 | 754380 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 06/18/29  | 700000 | 655116 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 09/14/29  | 500000 | 490705 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 01/22/30 *(a)* | 100000 | 100582 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/15/30  | 750000 | 766342 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 06/14/30  | 400000 | 395386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 01/13/31  | 750000 | 639330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 09/17/31  | 400000 | 387784 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/12/33  | 500000 | 473515 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 09/13/33  | 350000 | 353745 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 07/17/34  | 400000 | 399224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 01/24/44  | 300000 | 274440 |
| **Inter-American Investment Corp.** | **Inter-American Investment Corp.** | **Inter-American Investment Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 02/15/28  | 200000 | 200668 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 09/19/28  | 200000 | 204518 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 02/14/29  | 150000 | 150893 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 04/01/30  | 200000 | 201092 |
| **International Bank for Reconstruction & Development** | **International Bank for Reconstruction & Development** | **International Bank for Reconstruction & Development** |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 07/15/26  | 550000 | 530904 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 08/27/26  | 500000 | 499550 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 10/27/26  | 200000 | 194142 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 06/15/27  | 750000 | 738150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 11/22/27  | 350000 | 338506 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 11/24/27  | 1000000 | 926140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 04/20/28  | 1000000 | 931510 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 05/05/28  | 750000 | 744337 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 07/12/28  | 1000000 | 987720 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 08/01/28  | 800000 | 816464 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 09/13/28  | 1000000 | 914310 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 09/21/29  | 700000 | 690543 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 10/16/29  | 1000000 | 995990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 10/23/29  | 450000 | 409968 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 02/14/30  | 1000000 | 994980 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/20/30  | 1000000 | 1005370 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 05/14/30  | 700000 | 602378 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/25/30  | 750000 | 748882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 08/26/30  | 750000 | 634417 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/10/31  | 800000 | 796672 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 02/10/31  | 750000 | 642532 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/10/31  | 750000 | 765660 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 11/03/31  | 1000000 | 856870 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 01/15/32  | 1000000 | 1023930 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 03/29/32  | 750000 | 673980 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/06/32  | 900000 | 888003 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 11/14/33  | 550000 | 565064 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 08/28/34  | 500000 | 480215 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/15/35  | 80000 | 81610 |
| **International Finance Corp.** | **International Finance Corp.** | **International Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 10/08/26  | 300000 | 287199 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 01/15/27  | 250000 | 251463 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/21/28  | 400000 | 406000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/13/28  | 500000 | 508615 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 07/02/29  | 350000 | 353769 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 08/27/30  | 400000 | 338436 |
| **Nordic Investment Bank** | **Nordic Investment Bank** | **Nordic Investment Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/14/28  | 250000 | 253093 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 02/28/29  | 250000 | 252428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 05/09/30  | 200000 | 197817 |
|  |  | **69922256** |
| **Total Government Related**<br> **(Cost $244,070,453)** | **Total Government Related**<br> **(Cost $244,070,453)** | **227363692** |
| **SECURITIZED** 26.4% OF NET ASSETS | **SECURITIZED** 26.4% OF NET ASSETS | **SECURITIZED** 26.4% OF NET ASSETS |
| **Asset-Backed Securities 0.0%** | **Asset-Backed Securities 0.0%** | **Asset-Backed Securities 0.0%** |
| ***Credit Card 0.0%***  | ***Credit Card 0.0%***  | ***Credit Card 0.0%***  |
| **Capital One Multi-Asset Execution Trust** | **Capital One Multi-Asset Execution Trust** | **Capital One Multi-Asset Execution Trust** |
| Series 2019-A3, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.06%, 08/15/28 *(a)* | 1000000 | 972497 |

---

**78**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| ***Electric 0.0%***  | ***Electric 0.0%***  | ***Electric 0.0%***  |
| **PG&E Wildfire Recovery Funding LLC** | **PG&E Wildfire Recovery Funding LLC** | **PG&E Wildfire Recovery Funding LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.59%, 06/01/32  | 70377 | 68872 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.26%, 06/01/38  | 100000 | 93717 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 12/01/49  | 200000 | 169218 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.67%, 12/01/53  | 200000 | 170434 |
|  |  | **502241** |
| ***Utilities 0.0%***  | ***Utilities 0.0%***  | ***Utilities 0.0%***  |
| **PG&E Wildfire Recovery Funding LLC** | **PG&E Wildfire Recovery Funding LLC** | **PG&E Wildfire Recovery Funding LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 06/01/54  | 175000 | 159369 |
|  |  | **1634107** |
| **Commercial Mortgage-Backed Security 1.9%** | **Commercial Mortgage-Backed Security 1.9%** | **Commercial Mortgage-Backed Security 1.9%** |
| **Bank** | **Bank** | **Bank** |
| Series 2017-BNK7, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.44%, 09/15/60 *(a)* | 150000 | 145892 |
| Series 2017-BNK8, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.49%, 11/15/50 *(a)* | 1190000 | 1140290 |
| Series 2017-BNK9, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.54%, 11/15/54 *(a)* | 950000 | 920434 |
| Series 2019-BN19, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.18%, 08/15/61 *(a)* | 600000 | 558017 |
| Series 2020-BN26, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 03/15/63 *(a)* | 300000 | 267854 |
| **BBCMS Mortgage Trust** | **BBCMS Mortgage Trust** | **BBCMS Mortgage Trust** |
| Series 2018-C2, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 12/15/51 *(a)* | 449000 | 440142 |
| Series 2023-C21, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 09/15/56 *(a)(k)* | 1500000 | 1578381 |
| Series 2025-C32, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.43%, 02/15/62 *(a)* | 1000000 | 1012475 |
| Series 2025-C32, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.72%, 02/15/62 *(a)* | 1000000 | 1038195 |
| Series 2028-C28, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 09/15/57 *(a)* | 1000000 | 1012359 |
| **Benchmark Mortgage Trust** | **Benchmark Mortgage Trust** | **Benchmark Mortgage Trust** |
| Series 2019-B10, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.72%, 03/15/62 *(a)* | 5090000 | 4881907 |
| Series 2019-B12, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.12%, 08/15/52 *(a)* | 700000 | 652614 |
| Series 2019-B13, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 08/15/57 *(a)* | 3500000 | 3247668 |
| Series 2019-B9, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.02%, 03/15/52 *(a)* | 600000 | 580779 |
| Series 2020-B16, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.73%, 02/15/53 *(a)* | 1000000 | 909778 |
| **BMO Mortgage Trust** | **BMO Mortgage Trust** | **BMO Mortgage Trust** |
| Series 2024-C9, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.76%, 07/15/57 *(a)* | 4500000 | 4666493 |
| **CD Mortgage Trust** | **CD Mortgage Trust** | **CD Mortgage Trust** |
| Series 2016-CD2, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.53%, 11/10/49 *(a)* | 240000 | 232361 |
| **CFCRE Commercial Mortgage Trust** | **CFCRE Commercial Mortgage Trust** | **CFCRE Commercial Mortgage Trust** |
| Series 2016-C7, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.84%, 12/10/54 *(a)* | 2200000 | 2164028 |
| **Citigroup Commercial Mortgage Trust** | **Citigroup Commercial Mortgage Trust** | **Citigroup Commercial Mortgage Trust** |
| Series 2017-C4, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.47%, 10/12/50 *(a)* | 5700000 | 5531906 |
| **COMM Mortgage Trust** | **COMM Mortgage Trust** | **COMM Mortgage Trust** |
| Series 2015-CR24, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 08/10/48 *(a)* | 793341 | 791442 |
| **CSAIL Commercial Mortgage Trust** | **CSAIL Commercial Mortgage Trust** | **CSAIL Commercial Mortgage Trust** |
| Series 2019-C17, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.02%, 09/15/52 *(a)* | 2500000 | 2295237 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **CSMC Trust** | **CSMC Trust** | **CSMC Trust** |
| Series 2016-NXSR, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.79%, 12/15/49 *(a)(k)* | 2000000 | 1964038 |
| **Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through** <br> **Certificates** | **Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through** <br> **Certificates** | **Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through** <br> **Certificates** |
| Series K052, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 11/25/25 *(a)* | 95454 | 94812 |
| Series K054, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 01/25/26 *(a)* | 9166 | 9056 |
| Series K058, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 08/25/26 *(a)* | 600000 | 587516 |
| Series K061, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 11/25/26 *(a)(k)* | 2412094 | 2376943 |
| Series K062, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.41%, 12/25/26 *(a)* | 300000 | 295699 |
| Series K064, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.22%, 03/25/27 *(a)* | 750000 | 736476 |
| Series K066, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.12%, 06/25/27 *(a)* | 1200000 | 1174353 |
| Series K070, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 11/25/27 *(a)(k)* | 500000 | 489349 |
| Series K071, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.29%, 11/25/27 *(a)* | 2000000 | 1955592 |
| Series K072, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.44%, 12/25/27 *(a)* | 900000 | 882733 |
| Series K074, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 09/25/27 *(a)* | 14721 | 14638 |
| Series K074, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 01/25/28 *(a)* | 3500000 | 3444107 |
| Series K078, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 06/25/28 *(a)* | 1182367 | 1169505 |
| Series K083, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 09/25/28 *(a)(k)* | 250000 | 248506 |
| Series K085, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.06%, 10/25/28 *(a)(k)* | 700000 | 695282 |
| Series K087, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.77%, 12/25/28 *(a)* | 100000 | 98527 |
| Series K088, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.69%, 01/25/29 *(a)* | 975000 | 957180 |
| Series K089, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.56%, 01/25/29 *(a)* | 1500000 | 1465536 |
| Series K099, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 09/25/29 *(a)* | 2210000 | 2068180 |
| Series K112, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.31%, 05/25/30 *(a)* | 1910000 | 1657077 |
| Series K130, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.72%, 06/25/31 *(a)* | 2000000 | 1719378 |
| Series K144, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 04/25/32 *(a)* | 1200000 | 1054046 |
| Series K146, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.92%, 06/25/32 *(a)* | 2500000 | 2257142 |
| Series K149, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.53%, 08/25/32 *(a)* | 1000000 | 936589 |
| Series K150, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.71%, 09/25/32 *(a)* | 700000 | 662296 |
| Series K-1512, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.99%, 05/25/31 *(a)* | 2500000 | 2317041 |
| Series K153, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.82%, 12/25/32 *(a)(k)* | 1200000 | 1140811 |
| Series K154, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.42%, 04/25/32 *(a)* | 700000 | 676946 |
| Series K157, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.99%, 05/25/33 *(a)* | 360000 | 353239 |
| Series K157, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 05/25/33 *(a)* | 800000 | 777046 |
| Series K159, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/25/33 *(a)* | 2700000 | 2672442 |

---

**79**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| Series K163, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/25/34 *(a)(k)* | 600000 | 611986 |
| Series K733, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 08/25/25 *(a)(k)* | 1178005 | 1173472 |
| Series K735, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.86%, 05/25/26 *(a)* | 794626 | 783265 |
| **Federal National Mortgage Association-ACES** | **Federal National Mortgage Association-ACES** | **Federal National Mortgage Association-ACES** |
| Series 2015-M13, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.67%, 06/25/25 *(a)(k)* | 34062 | 34062 |
| Series 2016-M11, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.37%, 07/25/26 *(a)(k)* | 691934 | 676570 |
| **GS Mortgage Securities Trust** | **GS Mortgage Securities Trust** | **GS Mortgage Securities Trust** |
| Series 2020-GC45, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.91%, 02/13/53 *(a)* | 3000000 | 2754945 |
| **JP Morgan Chase Commercial Mortgage Securities Trust** | **JP Morgan Chase Commercial Mortgage Securities Trust** | **JP Morgan Chase Commercial Mortgage Securities Trust** |
| Series 2016-JP4, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 12/15/49 *(a)(k)* | 2034000 | 1983408 |
| **JPMBB Commercial Mortgage Securities Trust** | **JPMBB Commercial Mortgage Securities Trust** | **JPMBB Commercial Mortgage Securities Trust** |
| Series 2015-C33, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 12/15/48 *(a)* | 244236 | 243368 |
| Series 2015-C33, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.77%, 12/15/48 *(a)* | 2550000 | 2537737 |
| **JPMCC Commercial Mortgage Securities Trust** | **JPMCC Commercial Mortgage Securities Trust** | **JPMCC Commercial Mortgage Securities Trust** |
| Series 2017-JP5, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.72%, 03/15/50 *(a)* | 2430000 | 2389932 |
| **JPMDB Commercial Mortgage Securities Trust** | **JPMDB Commercial Mortgage Securities Trust** | **JPMDB Commercial Mortgage Securities Trust** |
| Series 2018-C8, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.94%, 06/15/51 *(a)* | 242120 | 236962 |
| **Morgan Stanley Bank of America Merrill Lynch Trust** | **Morgan Stanley Bank of America Merrill Lynch Trust** | **Morgan Stanley Bank of America Merrill Lynch Trust** |
| Series 2016-C28, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.54%, 01/15/49 *(a)* | 1300000 | 1285626 |
| **Morgan Stanley Capital I Trust** | **Morgan Stanley Capital I Trust** | **Morgan Stanley Capital I Trust** |
| Series 2015-A4, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.78%, 05/15/48 *(a)* | 29002 | 28883 |
| Series 2015-UBS8, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.81%, 12/15/48 *(a)* | 400000 | 397158 |
| Series 2017-H1, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.26%, 06/15/50 *(a)* | 250000 | 242813 |
| Series 2020-HR8, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.04%, 07/15/53 *(a)* | 1000000 | 874870 |
| **UBS Commercial Mortgage Trust** | **UBS Commercial Mortgage Trust** | **UBS Commercial Mortgage Trust** |
| Series 2017-C3, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.43%, 08/15/50 *(a)* | 200000 | 192922 |
| Series 2017-C6, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.58%, 12/15/50 *(a)* | 1200000 | 1168789 |
| **Wells Fargo Commercial Mortgage Trust** | **Wells Fargo Commercial Mortgage Trust** | **Wells Fargo Commercial Mortgage Trust** |
| Series 2013-C33, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.16%, 03/15/59 *(a)* | 101476 | 100683 |
| Series 2015-C30, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.66%, 09/15/58 *(a)* | 109762 | 109429 |
| Series 2016-C32, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.56%, 01/15/59 *(a)* | 1200000 | 1191397 |
| Series 2016-NXS5, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.37%, 01/15/59 *(a)* | 121790 | 121144 |
| Series 2016-NXS5, Class A6 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.64%, 01/15/59 *(a)* | 1330400 | 1319632 |
| Series 2016-NXS6, Class ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.83%, 11/15/49 *(a)* | 23996 | 23895 |
| Series 2017-C40, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.58%, 10/15/50 *(a)* | 1020000 | 993557 |
| Series 2017-C41, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.47%, 11/15/50 *(a)* | 300000 | 290957 |
| Series 2017-C42, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.59%, 12/15/50 *(a)* | 1400000 | 1358644 |
| Series 2018-C44, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.21%, 05/15/51 *(a)* | 950000 | 933534 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| Series 2018-C47, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.18%, 09/15/61 *(a)* | 482091 | 473325 |
| Series 2019-C50, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.73%, 05/15/52 *(a)* | 675000 | 646822 |
| Series 2019-C51, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.31%, 06/15/52 *(a)* | 1800000 | 1681763 |
| Series 2019-C53, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.04%, 10/15/52 *(a)* | 500000 | 465169 |
| Series 2020-C55, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.73%, 02/15/53 *(a)* | 1950000 | 1783736 |
| Series 2020-C58, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.09%, 07/15/53 *(a)* | 1645000 | 1420333 |
| Series 2022-C62, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/15/55 *(a)(k)* | 300000 | 280747 |
| Series 2025-C64, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 02/15/58 *(a)* | 150000 | 154647 |
|  |  | **101986515** |
| **Mortgage-Backed Securities Pass-Through 24.5%** | **Mortgage-Backed Securities Pass-Through 24.5%** | **Mortgage-Backed Securities Pass-Through 24.5%** |
| **Federal Home Loan Mortgage Corp.** | **Federal Home Loan Mortgage Corp.** | **Federal Home Loan Mortgage Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 10/01/36 *(a)* | 277965 | 237413 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 08/01/35 to 08/01/51 *(a)* | 40603999 | 32308958 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 01/01/28 to 04/01/52 *(a)* | 153817973 | 122938503 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 04/01/27 to 05/01/52 *(a)* | 77437094 | 64416531 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 08/01/26 to 06/01/53 *(a)* | 46194220 | 40628159 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 01/01/26 to 02/01/53 *(a)* | 23869913 | 21759518 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/01/26 to 11/01/54 *(a)* | 15493611 | 14572794 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/01/34 to 09/01/52 *(a)* | 11758175 | 11394718 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/33 to 11/01/54 *(a)* | 21491819 | 21043463 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/01/33 to 01/01/55 *(a)* | 42181918 | 42003355 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 05/01/32 to 11/01/54 *(a)* | 27784757 | 28288444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 02/01/36 to 03/01/55 *(a)* | 16946394 | 17492332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 12/01/53 to 01/01/54 *(a)* | 3209209 | 3355002 |
| **Federal National Mortgage Association** | **Federal National Mortgage Association** | **Federal National Mortgage Association** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 03/01/36 to 07/01/36 *(a)* | 646271 | 555193 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 08/01/35 to 04/01/51 *(a)* | 26048504 | 21462439 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 12/01/27 to 04/01/52 *(a)* | 154980942 | 125413825 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 07/01/27 to 05/01/52 *(a)* | 127665974 | 106854437 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 10/01/26 to 05/01/52 *(a)* | 71321750 | 62993681 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 10/01/25 to 08/01/52 *(a)* | 46463213 | 42504902 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/27 to 08/01/52 *(a)* | 31139413 | 29400463 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/01/30 to 10/01/52 *(a)* | 19466997 | 18755279 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/33 to 03/01/55 *(a)* | 35156666 | 34324882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/01/33 to 03/01/55 *(a)* | 35261952 | 35147461 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 04/01/35 to 04/01/55 *(a)* | 43015438 | 43647137 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 08/01/34 to 03/01/55 *(a)* | 17877891 | 18444370 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 10/01/53 to 03/01/55 *(a)* | 3823670 | 3992868 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 11/01/53 to 08/01/54 *(a)* | 860082 | 908419 |
| **Government National Mortgage Association** | **Government National Mortgage Association** | **Government National Mortgage Association** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 03/20/51 to 10/20/51 *(a)* | 723946 | 555261 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 04/20/36 to 05/20/52 *(a)* | 56238019 | 45275592 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 08/20/27 to 06/20/52 *(a)* | 59944883 | 50383518 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 04/20/27 to 05/20/52 *(a)* | 43706892 | 38434754 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 09/20/32 to 12/20/54 *(a)* | 32630729 | 29585317 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/15/39 to 10/20/52 *(a)* | 21161407 | 19752796 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/15/39 to 01/20/55 *(a)* | 21001681 | 20085833 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/20/33 to 05/20/55 *(a)* | 31536999 | 30795236 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 04/15/33 to 05/20/55 *(a)* | 34345111 | 34216334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 04/20/44 to 05/20/55 *(a)* | 22296284 | 22606423 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 01/20/53 to 05/20/55 *(a)* | 8970714 | 9174872 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 01/20/53 to 12/20/54 *(a)* | 2014778 | 2075051 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 12/20/53 *(a)* | 139951 | 144643 |
| **Government National Mortgage Association, TBA** | **Government National Mortgage Association, TBA** | **Government National Mortgage Association, TBA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 06/20/54 *(a)(l)* | 1500000 | 1329934 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/20/55 *(a)(l)* | 2000000 | 1832455 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 06/20/55 *(a)(l)* | 4000000 | 3774796 |

---

**80**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Uniform Mortgage-Backed Security, TBA** | **Uniform Mortgage-Backed Security, TBA** | **Uniform Mortgage-Backed Security, TBA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 06/15/55 *(a)(l)* | 4000000 | 3532030 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/13/52 *(a)(l)* | 16000000 | 14668120 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 06/15/55 *(a)(l)* | 15500000 | 14624304 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/55 *(a)(l)* | 5000000 | 4841432 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/15/55 *(a)(l)* | 500000 | 495082 |
|  |  | **1313028329** |
| **Total Securitized**<br> **(Cost $1,573,901,821)** | **Total Securitized**<br> **(Cost $1,573,901,821)** | **1416648951** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| **Short-Term Investments** 1.4% OF NET ASSETS | **Short-Term Investments** 1.4% OF NET ASSETS | **Short-Term Investments** 1.4% OF NET ASSETS |
| **Money Market Funds 1.4%** | **Money Market Funds 1.4%** | **Money Market Funds 1.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp; State Street Institutional <br> U.S. Government Money Market <br> Fund, Premier Class 4.27% *(m)*<br>| 73364982 | 73364982 |
| &nbsp;&nbsp;&nbsp;&nbsp; State Street Institutional <br> U.S. Government Money Market <br> Fund, Premier Class 4.27% *(m)(n)*<br>| 1964498 | 1964498 |
|  |  | **75329480** |
| **Total Short-Term Investments**<br> **(Cost $75,329,480)** | **Total Short-Term Investments**<br> **(Cost $75,329,480)** | **75329480** |
| **Total Investments in Securities**<br> **(Cost $5,745,293,057)** | **Total Investments in Securities**<br> **(Cost $5,745,293,057)** | **5403729268** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* Supranational bonds represent the debt of international organizations or institutions such as the World Bank, the International Monetary Fund, regional multilateral development banks and others. 

*(a)* The effective maturity may be shorter than the final maturity shown because of the possibility of interim principal payments and prepayments or as the result of embedded demand features (puts or calls). 

*(b)* Security is in a fixed-rate coupon period. Based on index eligibility requirements and the fund's investment objective this security will be removed from the index prior to converting to a floating rate security. 

*(c)* All or a portion of this security is on loan. Securities on loan were valued at $1,903,683. 

*(d)* Securities exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registrations, normally to qualified institutional buyers. At the period end, the value of these amounted to $12,075,890 or 0.2% of net assets. 

*(e)* Step up bond that pays an initial coupon rate for a set period and increased coupon rates at one or more preset intervals. Rate shown is as of period end. 

*(f)* Issuer is affiliated with the fund's investment adviser.

*(g)* Interest rate is subject to adjustments from time to time if a nationally recognized statistical rating organization downgrades (or subsequently upgrades) the debt rating assigned to the bond. 

*(h)* Guaranteed by the Republic of Germany.

*(i)* Zero coupon bond.

*(j)* Perpetual security with no stated maturity date. Maturity date represents next call date. 

*(k)* Fixed rate is determined by a formula set forth in the security's offering documents and is affected by the current WAC of the underlying loans. 

*(l)* Security or a portion of the security purchased on a delayed-delivery or when-issued basis. 

*(m)* The rate shown is the annualized 7-day yield.

*(n)* Security purchased with cash collateral received for securities on loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| DAC — | Designated Activity Company |
| GO — | General obligation |
| RB — | Revenue bond |
| REIT — | Real Estate Investment Trust |
| TBA — | To-be-announced |
| WAC — | Weighted Average Coupon, which is the weighted average gross interest rate <br> of the securitized asset pool and is determined by the different speeds at <br> which the underlying mortgages are paid down.<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Below is a summary of the fund's transactions with affiliated issuers during the period ended May 31, 2025:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY<br> RATE, MATURITY DATE<br>| VALUE AT<br> 8/31/24<br>| PURCHASES | SALES | REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| ACCRETION OF<br> DISCOUNTS<br> (AMORTIZATION<br> OF PREMIUMS)<br>| VALUE AT<br> 5/31/25<br>| FACE AMOUNT<br> AT 5/31/25<br>| INTEREST<br> INCOME EARNED<br>|
| **CORPORATES** 0.1% OF NET ASSETS | **CORPORATES** 0.1% OF NET ASSETS | **CORPORATES** 0.1% OF NET ASSETS | **CORPORATES** 0.1% OF NET ASSETS | **CORPORATES** 0.1% OF NET ASSETS | **CORPORATES** 0.1% OF NET ASSETS | **CORPORATES** 0.1% OF NET ASSETS | **CORPORATES** 0.1% OF NET ASSETS | **CORPORATES** 0.1% OF NET ASSETS | **CORPORATES** 0.1% OF NET ASSETS |
| **Financial Institutions 0.1%** | **Financial Institutions 0.1%** | **Financial Institutions 0.1%** | **Financial Institutions 0.1%** | **Financial Institutions 0.1%** | **Financial Institutions 0.1%** | **Financial Institutions 0.1%** | **Financial Institutions 0.1%** | **Financial Institutions 0.1%** | **Financial Institutions 0.1%** |
| **Brokerage/Asset Managers/Exchanges 0.1%** | **Brokerage/Asset Managers/Exchanges 0.1%** | **Brokerage/Asset Managers/Exchanges 0.1%** | **Brokerage/Asset Managers/Exchanges 0.1%** | **Brokerage/Asset Managers/Exchanges 0.1%** | **Brokerage/Asset Managers/Exchanges 0.1%** | **Brokerage/Asset Managers/Exchanges 0.1%** | **Brokerage/Asset Managers/Exchanges 0.1%** | **Brokerage/Asset Managers/Exchanges 0.1%** | **Brokerage/Asset Managers/Exchanges 0.1%** |
| Charles Schwab Corp. | Charles Schwab Corp. | Charles Schwab Corp. | Charles Schwab Corp. | Charles Schwab Corp. | Charles Schwab Corp. | Charles Schwab Corp. | Charles Schwab Corp. | Charles Schwab Corp. | Charles Schwab Corp. |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 02/13/26 | $49221 | $— | ($49530)<br>| ($913)<br>| $1537 | ($315)<br>| $— | $— | $872 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.90%, 03/11/26 | 189134 |  | (193392)<br>| (6888)<br>| 11333 | (187)<br>|  |  | 1050 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.15%, 05/13/26 | 141804 |  | (145510)<br>| (4654)<br>| 8501 | (141)<br>|  |  | 1294 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 08/24/26 | 153807 |  |  |  | (1277)<br>| (103)<br>| 152427 | 150000 | 6609 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 03/02/27 | 97057 |  |  |  | 2721 | (1632)<br>| 98146 | 100000 | 2400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 03/03/27 | 228665 |  |  |  | 2648 | 1146 | 232459 | 240000 | 4410 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 04/01/27 | 97209 |  |  |  | 2420 | (1332)<br>| 98297 | 100000 | 2475 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 01/25/28 | 96160 |  |  |  | 1758 | (527)<br>| 97391 | 100000 | 2400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 03/20/28 | 184452 |  |  |  | 4263 | (249)<br>| 188466 | 200000 | 3000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/01/29 | 49226 | 24163 |  |  | 1488 | (535)<br>| 74342 | 75000 | 1894 |

---

**81**

------

Schwab U.S. Aggregate Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY<br> RATE, MATURITY DATE<br>| VALUE AT<br> 8/31/24<br>| PURCHASES | SALES | REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| ACCRETION OF<br> DISCOUNTS<br> (AMORTIZATION<br> OF PREMIUMS)<br>| VALUE AT<br> 5/31/25<br>| FACE AMOUNT<br> AT 5/31/25<br>| INTEREST<br> INCOME EARNED<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; 5.64%, 05/19/29 | $196667 | $— | $— | $— | $186 | ($21)<br>| $196832 | $190000 | $8041 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/22/29 | 71397 |  |  |  | 1126 | (512)<br>| 72011 | 75000 | 1828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 10/01/29 | 46113 |  |  |  | 733 | (246)<br>| 46600 | 50000 | 1031 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 11/17/29 | 212078 |  |  |  | 963 | (1485)<br>| 211556 | 200000 | 9294 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 03/22/30 | 50536 |  |  |  | 483 | (426)<br>| 50593 | 50000 | 1735 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 03/11/31 | 83288 |  |  |  | 1248 | 62 | 84598 | 100000 | 1238 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 05/13/31 | 86821 |  |  |  | 1197 | (282)<br>| 87736 | 100000 | 1725 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 12/01/31 | 104335 |  |  |  | 698 | 2 | 105035 | 125000 | 1828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 03/03/32 | 132957 |  |  |  | (935)<br>| 415 | 132437 | 150000 | 3263 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 05/19/34 | 210894 | 25559 |  |  | (1635)<br>| (197)<br>| 234621 | 225000 | 9357 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.14%, 08/24/34 | 215106 | 26065 |  |  | (1952)<br>| (53)<br>| 239166 | 225000 | 9809 |
| **Total** | **$2696927** | **$75787** | **($388432)**<br>| **($12455)**<br>| **$37504** | **($6618)**<br>| **$2402713** |  | **$75553** |

---

------

The following is a summary of the inputs used to value the fund's investments as of May 31, 2025 (see notes to portfolio holdings for additional information):

---

| | | | | |
|:---|:---|:---|:---|:---|
| DESCRIPTION | QUOTED PRICES IN<br> ACTIVE MARKETS FOR<br> IDENTICAL ASSETS<br> (LEVEL 1)<br>| &nbsp;&nbsp; OTHER SIGNIFICANT<br> OBSERVABLE INPUTS<br> (LEVEL 2)<br>| &nbsp;&nbsp; SIGNIFICANT<br> UNOBSERVABLE INPUTS<br> (LEVEL 3)<br>| TOTAL |
| **Assets** |  |  |  |  |
| Corporates <sup>1</sup> <br>| $— | &nbsp;&nbsp;&nbsp; $1278990590 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $1278990590 |
| Treasuries <sup>1</sup> <br>|  | &nbsp;&nbsp;&nbsp; 2405396555 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 2405396555 |
| Government Related <sup>1</sup> <br>|  | &nbsp;&nbsp;&nbsp; 227363692 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 227363692 |
| Securitized <sup>1</sup> <br>|  | &nbsp;&nbsp;&nbsp; 1416648951 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1416648951 |
| Short-Term Investments <sup>1</sup> <br>| 75329480 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 75329480 |
| **Total** | **$75329480** | &nbsp;&nbsp; **$5328399788** | &nbsp;&nbsp; **$—** | &nbsp;&nbsp; **$5403729268** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> As categorized in the Portfolio Holdings.

**82**

------

Schwab Investments

Schwab Short-Term Bond Index Fund

------

**Portfolio Holdings** as of May 31, 2025 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

For fixed rate securities, the rate shown is the interest rate (the rate established when the security was issued). All securities are currently in a fixed rate coupon period based on index eligibility requirements and the fund's investment objective. Variable rate securities are subject to index requirements and will be removed from the index and fund prior to converting from a fixed rate coupon to a variable rate coupon. The maturity date shown for all the securities is the final legal maturity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **CORPORATES** 25.3% OF NET ASSETS | **CORPORATES** 25.3% OF NET ASSETS | **CORPORATES** 25.3% OF NET ASSETS |
| **Financial Institutions 11.1%** | **Financial Institutions 11.1%** | **Financial Institutions 11.1%** |
| ***Banking 8.4%***  | ***Banking 8.4%***  | ***Banking 8.4%***  |
| **Ally Financial, Inc.** | **Ally Financial, Inc.** | **Ally Financial, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.10%, 11/15/27 *(a)(b)* | 150000 | 157401 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.74%, 05/15/29 *(b)(c)* | 100000 | 101003 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.99%, 06/13/29 *(b)(c)* | 150000 | 156767 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.85%, 01/03/30 *(b)(c)* | 150000 | 156803 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.54%, 01/17/31 *(b)(c)* | 100000 | 99916 |
| **American Express Co.** | **American Express Co.** | **American Express Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 11/04/26 *(b)* | 150000 | 144374 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 03/04/27 *(b)* | 250000 | 242593 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 05/03/27 *(b)* | 250000 | 245533 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 11/05/27 *(b)* | 200000 | 207056 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 02/16/28 *(b)(c)* | 250000 | 252400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.04%, 07/26/28 *(b)(c)* | 150000 | 151790 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.73%, 04/25/29 *(b)(c)* | 200000 | 201192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.28%, 07/27/29 *(b)(c)* | 250000 | 255795 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.53%, 04/25/30 *(b)(c)* | 200000 | 206744 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.09%, 01/30/31 *(b)(c)* | 200000 | 203080 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.02%, 04/25/31 *(b)(c)* | 200000 | 202368 |
| **Australia & New Zealand Banking Group Ltd.** | **Australia & New Zealand Banking Group Ltd.** | **Australia & New Zealand Banking Group Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 01/18/27  | 250000 | 251990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.62%, 12/16/29  | 250000 | 252842 |
| **Banco Bilbao Vizcaya Argentaria SA** | **Banco Bilbao Vizcaya Argentaria SA** | **Banco Bilbao Vizcaya Argentaria SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.14%, 09/14/28 *(c)* | 200000 | 206006 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 03/13/29  | 200000 | 204800 |
| **Banco Santander SA** | **Banco Santander SA** | **Banco Santander SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 04/11/27  | 200000 | 198400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.29%, 08/18/27  | 200000 | 202492 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.72%, 09/14/27 *(b)(c)* | 200000 | 192322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.18%, 03/24/28 *(b)(c)* | 200000 | 198142 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 04/12/28  | 200000 | 198366 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.37%, 07/15/28 *(b)(c)* | 200000 | 202996 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.59%, 08/08/28  | 400000 | 411332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.61%, 11/07/28  | 200000 | 212494 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.31%, 06/27/29  | 200000 | 190412 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.57%, 01/17/30  | 200000 | 205566 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.54%, 03/14/30 *(b)(c)* | 200000 | 204714 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.49%, 05/28/30  | 200000 | 187552 |
| **Bank of America Corp.** | **Bank of America Corp.** | **Bank of America Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 10/22/26  | 200000 | 199240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.73%, 07/22/27 *(b)(c)* | 750000 | 725670 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 10/21/27 *(b)* | 400000 | 390368 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.18%, 11/25/27 *(b)* | 300000 | 297456 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.82%, 01/20/28 *(b)(c)* | 300000 | 296103 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 02/04/28 *(b)(c)* | 300000 | 289989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.71%, 04/24/28 *(b)(c)* | 300000 | 294993 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 04/27/28 *(b)(c)* | 400000 | 398180 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.59%, 07/21/28 *(b)(c)* | 250000 | 244753 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 07/22/28 *(b)(c)* | 500000 | 503145 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 11/10/28 *(b)(c)* | 150000 | 155363 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.42%, 12/20/28 *(b)(c)* | 900000 | 873468 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.98%, 01/24/29 *(b)(c)* | 300000 | 303057 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.97%, 03/05/29 *(b)(c)* | 400000 | 392996 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 04/25/29 *(b)(c)* | 500000 | 508275 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.09%, 06/14/29 *(b)(c)* | 400000 | 371424 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.27%, 07/23/29 *(b)(c)* | 500000 | 494480 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.82%, 09/15/29 *(b)(c)* | 450000 | 466465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.97%, 02/07/30 *(b)(c)* | 400000 | 390320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.19%, 07/23/30 *(b)(c)* | 350000 | 329882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 10/22/30 *(b)(c)* | 200000 | 185392 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.16%, 01/24/31 *(b)(c)* | 400000 | 406216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 02/13/31 *(b)(c)* | 200000 | 180600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.59%, 04/29/31 *(b)(c)* | 350000 | 316011 |
| **Bank of America NA** | **Bank of America NA** | **Bank of America NA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.53%, 08/18/26 *(b)* | 350000 | 354546 |
| **Bank of Montreal** | **Bank of Montreal** | **Bank of Montreal** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 09/15/26  | 300000 | 288240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 03/08/27  | 300000 | 291360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.37%, 06/04/27  | 200000 | 203728 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.57%, 09/10/27 *(b)(c)* | 100000 | 99936 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 09/14/27 *(b)* | 200000 | 201192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 02/01/28 *(b)* | 200000 | 203966 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.72%, 09/25/28 *(b)* | 200000 | 207458 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/27/29 *(b)(c)* | 100000 | 101087 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.64%, 09/10/30 *(b)(c)* | 100000 | 99979 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 12/15/32 *(b)(c)* | 200000 | 193382 |
| **Bank of New York Mellon Corp.** | **Bank of New York Mellon Corp.** | **Bank of New York Mellon Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 08/17/26 *(b)* | 150000 | 146768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 01/26/27 *(b)* | 100000 | 96548 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/16/27 *(b)* | 200000 | 196614 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 01/29/28 *(b)* | 200000 | 196058 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.44%, 02/07/28 *(b)(c)* | 150000 | 147848 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.99%, 06/13/28 *(b)(c)* | 150000 | 148850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 10/25/28 *(b)(c)* | 200000 | 206506 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 10/30/28 *(b)* | 150000 | 143280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.54%, 02/01/29 *(b)(c)* | 100000 | 100397 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 04/26/29 *(b)* | 150000 | 147404 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 08/23/29 *(b)* | 50000 | 47662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.32%, 10/25/29 *(b)(c)* | 150000 | 158679 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.98%, 03/14/30 *(b)(c)* | 150000 | 152606 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.94%, 02/11/31 *(b)(c)* | 200000 | 202284 |
| **Bank of Nova Scotia** | **Bank of Nova Scotia** | **Bank of Nova Scotia** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.35%, 06/24/26  | 150000 | 145332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 08/03/26  | 200000 | 196186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 09/15/26  | 250000 | 240613 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 02/02/27  | 175000 | 168525 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 03/11/27  | 200000 | 195142 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 09/08/28 *(b)(c)* | 100000 | 99648 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 08/01/29  | 50000 | 51568 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 02/01/30  | 200000 | 202058 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 02/14/31 *(b)(c)* | 150000 | 151800 |

---

**83**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Barclays PLC** | **Barclays PLC** | **Barclays PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 09/13/27 *(b)(c)* | 250000 | 255290 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.28%, 11/24/27 *(b)(c)* | 200000 | 192974 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.34%, 01/10/28 *(b)* | 200000 | 198444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.84%, 05/09/28 *(b)* | 300000 | 300597 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 08/09/28 *(b)(c)* | 200000 | 203032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.84%, 09/10/28 *(b)(c)* | 200000 | 200480 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.39%, 11/02/28 *(b)(c)* | 200000 | 211656 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.09%, 02/25/29 *(b)(c)* | 200000 | 201204 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.97%, 05/16/29 *(b)(c)* | 300000 | 301407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.49%, 09/13/29 *(b)(c)* | 200000 | 209940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.69%, 03/12/30 *(b)(c)* | 300000 | 307713 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.09%, 06/20/30 *(b)(c)* | 200000 | 199130 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.94%, 09/10/30 *(b)(c)* | 200000 | 199726 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.37%, 02/25/31 *(b)(c)* | 200000 | 201900 |
| **Canadian Imperial Bank of Commerce** | **Canadian Imperial Bank of Commerce** | **Canadian Imperial Bank of Commerce** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 06/22/26  | 200000 | 193524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 04/07/27 *(b)* | 250000 | 245780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.51%, 09/11/27 *(b)(c)* | 100000 | 99870 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.86%, 01/13/28 *(b)(c)* | 100000 | 100431 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.99%, 10/03/28 *(b)* | 250000 | 261437 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.86%, 03/30/29 *(b)(c)* | 200000 | 201138 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.26%, 04/08/29 *(b)* | 200000 | 204908 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 09/11/30 *(b)(c)* | 100000 | 99590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/13/31 *(b)(c)* | 100000 | 101691 |
| **Capital One Financial Corp.** | **Capital One Financial Corp.** | **Capital One Financial Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 07/28/26 *(b)* | 250000 | 247090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 02/09/27 *(b)* | 150000 | 148829 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 05/11/27 *(b)* | 250000 | 246020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.15%, 10/29/27 *(b)(c)* | 100000 | 103198 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 11/02/27 *(b)(c)* | 200000 | 192356 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 01/31/28 *(b)* | 200000 | 196122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.93%, 05/10/28 *(b)(c)* | 200000 | 200642 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.47%, 02/01/29 *(b)(c)* | 250000 | 254487 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.31%, 06/08/29 *(b)(c)* | 250000 | 260422 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 02/01/30 *(b)(c)* | 150000 | 153932 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.46%, 07/26/30 *(b)(c)* | 200000 | 203804 |
| **Capital One NA** | **Capital One NA** | **Capital One NA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 07/27/26 *(b)* | 250000 | 246565 |
| **Citibank NA** | **Citibank NA** | **Citibank NA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.49%, 12/04/26 *(b)* | 250000 | 253677 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 11/19/27 *(b)(c)* | 300000 | 301263 |
| **Citigroup, Inc.** | **Citigroup, Inc.** | **Citigroup, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 10/21/26 *(b)* | 500000 | 491170 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 11/20/26  | 250000 | 248845 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.46%, 06/09/27 *(b)(c)* | 500000 | 483590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 09/29/27  | 500000 | 497935 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.89%, 01/10/28 *(b)(c)* | 400000 | 395044 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.07%, 02/24/28 *(b)(c)* | 400000 | 389404 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.66%, 05/24/28 *(b)(c)* | 250000 | 250083 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.67%, 07/24/28 *(b)(c)* | 350000 | 342328 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 07/25/28  | 300000 | 295695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.52%, 10/27/28 *(b)(c)* | 400000 | 389164 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.79%, 03/04/29 *(b)(c)* | 300000 | 300447 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.08%, 04/23/29 *(b)(c)* | 300000 | 295365 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.17%, 02/13/30 *(b)(c)* | 400000 | 405404 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.98%, 03/20/30 *(b)(c)* | 350000 | 340053 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.54%, 09/19/30 *(b)(c)* | 450000 | 444334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.98%, 11/05/30 *(b)(c)* | 300000 | 277674 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.67%, 01/29/31 *(b)(c)* | 300000 | 271695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.41%, 03/31/31 *(b)(c)* | 500000 | 489380 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 05/07/31 *(b)(c)* | 300000 | 300066 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.59%, 11/19/34 *(b)(c)* | 175000 | 175315 |
| **Citizens Financial Group, Inc.** | **Citizens Financial Group, Inc.** | **Citizens Financial Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 07/27/26 *(b)* | 150000 | 147054 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.84%, 01/23/30 *(b)(c)* | 200000 | 205278 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/05/31 *(b)(c)* | 100000 | 100230 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Comerica, Inc.** | **Comerica, Inc.** | **Comerica, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.98%, 01/30/30 *(b)(c)* | 150000 | 152564 |
| **Commonwealth Bank of Australia** | **Commonwealth Bank of Australia** | **Commonwealth Bank of Australia** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.42%, 03/14/28  | 250000 | 251430 |
| **Cooperatieve Rabobank UA** | **Cooperatieve Rabobank UA** | **Cooperatieve Rabobank UA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 07/21/26  | 250000 | 247528 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 01/09/29  | 250000 | 253402 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.49%, 10/17/29  | 250000 | 251118 |
| **Deutsche Bank AG** | **Deutsche Bank AG** | **Deutsche Bank AG** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.31%, 11/16/27 *(b)(c)* | 350000 | 337141 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 01/07/28 *(b)(c)* | 200000 | 192852 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.37%, 01/10/29 *(b)(c)* | 200000 | 202274 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.72%, 01/18/29 *(b)(c)* | 200000 | 208810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.41%, 05/10/29  | 200000 | 205966 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.82%, 11/20/29 *(b)(c)* | 250000 | 264685 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/11/30 *(b)(c)* | 150000 | 149477 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 05/09/31 *(b)(c)* | 150000 | 150320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 12/01/32 *(b)(c)* | 200000 | 196306 |
| **Fifth Third Bancorp** | **Fifth Third Bancorp** | **Fifth Third Bancorp** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 05/05/27 *(b)* | 175000 | 168592 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.71%, 11/01/27 *(b)(c)* | 100000 | 95994 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.36%, 10/27/28 *(b)(c)* | 250000 | 259292 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.34%, 07/27/29 *(b)(c)* | 200000 | 209288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.77%, 07/28/30 *(b)(c)* | 100000 | 99713 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 09/06/30 *(b)(c)* | 100000 | 100304 |
| **Fifth Third Bank NA** | **Fifth Third Bank NA** | **Fifth Third Bank NA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.97%, 01/28/28 *(b)(c)* | 250000 | 251058 |
| **First Citizens BancShares, Inc.** | **First Citizens BancShares, Inc.** | **First Citizens BancShares, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.23%, 03/12/31 *(b)(c)* | 100000 | 99679 |
| **First Horizon Bank** | **First Horizon Bank** | **First Horizon Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 05/01/30 *(b)* | 250000 | 251817 |
| **First Horizon Corp.** | **First Horizon Corp.** | **First Horizon Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.51%, 03/07/31 *(b)(c)* | 100000 | 100640 |
| **FNB Corp.** | **FNB Corp.** | **FNB Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.72%, 12/11/30 *(b)(c)* | 75000 | 74202 |
| **Goldman Sachs Group, Inc.** | **Goldman Sachs Group, Inc.** | **Goldman Sachs Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 11/16/26 *(b)* | 500000 | 492870 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 01/26/27 *(b)* | 300000 | 297627 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.54%, 09/10/27 *(b)(c)* | 550000 | 528379 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 10/21/27 *(b)(c)* | 500000 | 481690 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.64%, 02/24/28 *(b)(c)* | 400000 | 386552 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.62%, 03/15/28 *(b)(c)* | 600000 | 589326 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.94%, 04/23/28 *(b)(c)* | 250000 | 251205 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.69%, 06/05/28 *(b)(c)* | 375000 | 368171 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.48%, 08/23/28 *(b)(c)* | 250000 | 249238 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.81%, 04/23/29 *(b)(c)* | 400000 | 391520 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.22%, 05/01/29 *(b)(c)* | 400000 | 396048 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.48%, 10/24/29 *(b)(c)* | 500000 | 527555 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 02/07/30 *(b)* | 200000 | 182818 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 03/15/30 *(b)* | 300000 | 289551 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.73%, 04/25/30 *(b)(c)* | 350000 | 361973 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 07/23/30 *(b)(c)* | 300000 | 302769 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.69%, 10/23/30 *(b)(c)* | 200000 | 199288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.21%, 01/28/31 *(b)(c)* | 300000 | 304479 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.22%, 04/23/31 *(b)(c)* | 400000 | 406160 |
| **HSBC Holdings PLC** | **HSBC Holdings PLC** | **HSBC Holdings PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 11/23/26  | 200000 | 199170 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.89%, 08/14/27 *(b)(c)* | 200000 | 202532 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 11/22/27 *(b)(c)* | 250000 | 240918 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.04%, 03/13/28 *(b)(c)* | 400000 | 395408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 05/17/28 *(b)(c)* | 300000 | 304518 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.76%, 06/09/28 *(b)(c)* | 400000 | 399692 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.21%, 08/11/28 *(b)(c)* | 250000 | 252467 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.01%, 09/22/28 *(b)(c)* | 200000 | 187996 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.39%, 11/03/28 *(b)(c)* | 250000 | 264385 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 11/19/28 *(b)(c)* | 200000 | 201538 |

---

**84**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.16%, 03/09/29 *(b)(c)* | 200000 | 206884 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.58%, 06/19/29 *(b)(c)* | 500000 | 496640 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.21%, 08/17/29 *(b)(c)* | 200000 | 184324 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 03/04/30 *(b)(c)* | 225000 | 230231 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 03/31/30  | 200000 | 201824 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.97%, 05/22/30 *(b)(c)* | 500000 | 482025 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.29%, 11/19/30 *(b)(c)* | 300000 | 303036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 03/03/31 *(b)(c)* | 200000 | 200544 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.24%, 05/13/31 *(b)(c)* | 200000 | 201024 |
| **HSBC USA, Inc.** | **HSBC USA, Inc.** | **HSBC USA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.29%, 03/04/27  | 200000 | 203006 |
| **Huntington Bancshares, Inc.** | **Huntington Bancshares, Inc.** | **Huntington Bancshares, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.21%, 08/21/29 *(b)(c)* | 200000 | 208538 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.27%, 01/15/31 *(b)(c)* | 200000 | 202334 |
| **Huntington National Bank** | **Huntington National Bank** | **Huntington National Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 05/17/28 *(b)(c)* | 250000 | 249598 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 01/10/30 *(b)* | 250000 | 257802 |
| **ING Groep NV** | **ING Groep NV** | **ING Groep NV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 03/29/27  | 200000 | 198122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.02%, 03/28/28 *(b)(c)* | 300000 | 296910 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 10/02/28  | 300000 | 299697 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 04/09/29  | 200000 | 196106 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.34%, 03/19/30 *(b)(c)* | 200000 | 204056 |
| **JPMorgan Chase & Co.** | **JPMorgan Chase & Co.** | **JPMorgan Chase & Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 10/01/26 *(b)* | 400000 | 392876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 12/15/26  | 300000 | 298752 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.47%, 09/22/27 *(b)(c)* | 450000 | 432202 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 10/01/27  | 200000 | 200070 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.04%, 01/23/28 *(b)(c)* | 400000 | 402836 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.78%, 02/01/28 *(b)(c)* | 550000 | 542899 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 02/24/28 *(b)(c)* | 200000 | 194696 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.57%, 04/22/28 *(b)(c)* | 300000 | 305598 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.32%, 04/26/28 *(b)(c)* | 500000 | 497890 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.54%, 05/01/28 *(b)(c)* | 300000 | 294474 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.18%, 06/01/28 *(b)(c)* | 350000 | 334113 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.98%, 07/22/28 *(b)(c)* | 350000 | 352873 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 07/25/28 *(b)(c)* | 600000 | 603336 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.51%, 10/22/28 *(b)(c)* | 200000 | 199634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.51%, 01/23/29 *(b)(c)* | 350000 | 340798 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.92%, 01/24/29 *(b)(c)* | 300000 | 302727 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.01%, 04/23/29 *(b)(c)* | 350000 | 344764 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.07%, 06/01/29 *(b)(c)* | 250000 | 232533 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 07/23/29 *(b)(c)* | 450000 | 445108 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 07/24/29 *(b)(c)* | 400000 | 408220 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.09%, 10/23/29 *(b)(c)* | 400000 | 418076 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 12/05/29 *(b)(c)* | 350000 | 347921 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.01%, 01/23/30 *(b)(c)* | 350000 | 354375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.58%, 04/22/30 *(b)(c)* | 400000 | 413156 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 05/06/30 *(b)(c)* | 300000 | 289749 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.57%, 06/14/30 *(b)(c)* | 250000 | 249035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/22/30 *(b)(c)* | 400000 | 403880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.74%, 10/15/30 *(b)(c)* | 500000 | 461235 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 10/22/30 *(b)(c)* | 350000 | 348141 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.14%, 01/24/31 *(b)(c)* | 300000 | 304812 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.49%, 03/24/31 *(b)(c)* | 400000 | 395444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.52%, 04/22/31 *(b)(c)* | 350000 | 316200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 04/22/31 *(b)(c)* | 350000 | 355271 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.96%, 05/13/31 *(b)(c)* | 400000 | 363832 |
| **KeyBank NA** | **KeyBank NA** | **KeyBank NA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 11/15/27 *(b)* | 250000 | 256475 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.39%, 12/14/27  | 250000 | 248390 |
| **KeyCorp** | **KeyCorp** | **KeyCorp** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 04/06/27  | 250000 | 239508 |
| **Lloyds Banking Group PLC** | **Lloyds Banking Group PLC** | **Lloyds Banking Group PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 01/11/27  | 200000 | 197634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.46%, 01/05/28 *(b)(c)* | 200000 | 202308 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 03/18/28 *(b)(c)* | 250000 | 245993 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/22/28  | 200000 | 198862 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 08/16/28  | 200000 | 199140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.57%, 11/07/28 *(b)(c)* | 300000 | 292053 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.87%, 03/06/29 *(b)(c)* | 200000 | 206020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.72%, 06/05/30 *(b)(c)* | 200000 | 206474 |
| **M&T Bank Corp.** | **M&T Bank Corp.** | **M&T Bank Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 08/16/28 *(b)(c)* | 250000 | 249203 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.41%, 10/30/29 *(b)(c)* | 100000 | 107989 |
| **Manufacturers & Traders Trust Co.** | **Manufacturers & Traders Trust Co.** | **Manufacturers & Traders Trust Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 01/27/28 *(b)* | 250000 | 251045 |
| **Mitsubishi UFJ Financial Group, Inc.** | **Mitsubishi UFJ Financial Group, Inc.** | **Mitsubishi UFJ Financial Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.76%, 09/13/26  | 200000 | 195748 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.54%, 07/20/27 *(b)(c)* | 350000 | 338086 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.29%, 07/25/27  | 200000 | 195358 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.64%, 10/13/27 *(b)(c)* | 250000 | 240195 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.34%, 01/19/28 *(b)(c)* | 350000 | 337578 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.08%, 04/19/28 *(b)(c)* | 200000 | 198022 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 09/13/28 *(b)(c)* | 250000 | 254197 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.42%, 02/22/29 *(b)(c)* | 200000 | 204256 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.74%, 03/07/29  | 200000 | 194826 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.24%, 04/19/29 *(b)(c)* | 200000 | 203452 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 07/18/29  | 200000 | 189326 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.26%, 04/17/30 *(b)(c)* | 200000 | 203792 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 01/16/31 *(b)(c)* | 200000 | 203342 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.16%, 04/24/31 *(b)(c)* | 200000 | 202932 |
| **Mizuho Financial Group, Inc.** | **Mizuho Financial Group, Inc.** | **Mizuho Financial Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.55%, 07/09/27 *(b)(c)* | 200000 | 193384 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.02%, 03/05/28  | 200000 | 197922 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.41%, 09/13/28 *(b)(c)* | 200000 | 203606 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.67%, 05/27/29 *(b)(c)* | 200000 | 206256 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.78%, 07/06/29 *(b)(c)* | 200000 | 206598 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 09/11/29 *(b)(c)* | 200000 | 197406 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 07/10/30 *(b)(c)* | 200000 | 204180 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 07/16/30 *(b)(c)* | 200000 | 187740 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.87%, 09/13/30 *(b)(c)* | 200000 | 185072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 05/13/31 *(b)(c)* | 200000 | 202212 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.59%, 05/25/31 *(b)(c)* | 200000 | 180262 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.74%, 05/27/31 *(b)(c)* | 200000 | 207590 |
| **Morgan Stanley** | **Morgan Stanley** | **Morgan Stanley** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 07/27/26  | 400000 | 393964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 08/09/26  | 50000 | 51036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 09/08/26  | 250000 | 249035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 01/20/27  | 400000 | 395324 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 04/23/27  | 300000 | 297324 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.51%, 07/20/27 *(b)(c)* | 500000 | 482585 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.48%, 01/21/28 *(b)(c)* | 400000 | 386360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 04/13/28 *(b)(c)* | 200000 | 203702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.21%, 04/20/28 *(b)(c)* | 200000 | 198604 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.59%, 07/22/28 *(b)* | 500000 | 488780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.30%, 10/18/28 *(b)(c)* | 400000 | 414764 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.77%, 01/24/29 *(b)(c)* | 250000 | 244720 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.12%, 02/01/29 *(b)(c)* | 300000 | 303645 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.16%, 04/20/29 *(b)(c)* | 350000 | 355131 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 07/20/29 *(b)(c)* | 350000 | 358221 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.41%, 11/01/29 *(b)(c)* | 300000 | 316311 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.17%, 01/16/30 *(b)(c)* | 385000 | 391179 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.43%, 01/23/30 *(b)(c)* | 450000 | 446350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.66%, 04/18/30 *(b)(c)* | 350000 | 361560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.04%, 07/19/30 *(b)(c)* | 300000 | 303123 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 10/18/30 *(b)(c)* | 300000 | 298197 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.23%, 01/15/31 *(b)(c)* | 300000 | 304794 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 01/22/31 *(b)(c)* | 400000 | 365252 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.62%, 04/01/31 *(b)(c)* | 400000 | 379476 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.19%, 04/17/31 *(b)(c)* | 450000 | 456700 |
| **Morgan Stanley Bank NA** | **Morgan Stanley Bank NA** | **Morgan Stanley Bank NA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 10/15/27 *(b)(c)* | 250000 | 249858 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 01/14/28 *(b)(c)* | 250000 | 251517 |

---

**85**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 05/26/28 *(b)(c)* | 300000 | 305451 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.97%, 07/14/28 *(b)(c)* | 250000 | 252150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.02%, 01/12/29 *(b)(c)* | 300000 | 303018 |
| **National Australia Bank Ltd.** | **National Australia Bank Ltd.** | **National Australia Bank Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 07/12/26  | 400000 | 392480 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.91%, 06/09/27  | 275000 | 273375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.94%, 01/12/28  | 250000 | 254660 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 06/13/28  | 250000 | 254875 |
| **National Bank of Canada** | **National Bank of Canada** | **National Bank of Canada** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 12/18/28  | 250000 | 258347 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 10/10/29  | 250000 | 247730 |
| **NatWest Group PLC** | **NatWest Group PLC** | **NatWest Group PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.64%, 06/14/27 *(b)(c)* | 200000 | 193770 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.58%, 03/01/28 *(b)(c)* | 200000 | 202948 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.07%, 05/22/28 *(b)(c)* | 200000 | 193990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.89%, 05/18/29 *(b)(c)* | 300000 | 301194 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.81%, 09/13/29 *(b)(c)* | 200000 | 206344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.08%, 01/27/30 *(b)(c)* | 300000 | 301980 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 05/08/30 *(b)(c)* | 200000 | 196746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.96%, 08/15/30 *(b)(c)* | 200000 | 200534 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.12%, 05/23/31 *(b)(c)* | 200000 | 200916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.48%, 06/01/34 *(b)(c)* | 200000 | 207680 |
| **Northern Trust Corp.** | **Northern Trust Corp.** | **Northern Trust Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/10/27 *(b)* | 200000 | 199366 |
| **PNC Bank NA** | **PNC Bank NA** | **PNC Bank NA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 07/26/28  | 250000 | 246465 |
| **PNC Financial Services Group, Inc.** | **PNC Financial Services Group, Inc.** | **PNC Financial Services Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 07/23/26 *(b)* | 250000 | 245448 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.15%, 08/13/26 *(b)* | 200000 | 192416 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 01/21/28 *(b)(c)* | 200000 | 202360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 12/02/28 *(b)(c)* | 250000 | 254525 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 04/23/29 *(b)* | 250000 | 241310 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.58%, 06/12/29 *(b)(c)* | 500000 | 514700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 01/22/30 *(b)* | 450000 | 411390 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.49%, 05/14/30 *(b)(c)* | 250000 | 257185 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.22%, 01/29/31 *(b)(c)* | 100000 | 101643 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 05/13/31 *(b)(c)* | 200000 | 200328 |
| **Regions Financial Corp.** | **Regions Financial Corp.** | **Regions Financial Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.72%, 06/06/30 *(b)(c)* | 150000 | 153590 |
| **Royal Bank of Canada** | **Royal Bank of Canada** | **Royal Bank of Canada** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.15%, 07/14/26  | 250000 | 241463 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.40%, 11/02/26  | 250000 | 240240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 01/21/27  | 150000 | 144813 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 05/04/27  | 250000 | 246820 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.24%, 08/03/27  | 250000 | 249533 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.51%, 10/18/27 *(b)(c)* | 100000 | 100064 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 11/01/27  | 250000 | 259180 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 01/12/28  | 150000 | 152171 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.72%, 03/27/28 *(b)(c)* | 200000 | 200752 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 08/01/28  | 150000 | 153546 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.52%, 10/18/28 *(b)(c)* | 100000 | 99946 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.97%, 01/24/29 *(b)(c)* | 200000 | 201994 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 02/01/29  | 150000 | 152769 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.97%, 08/02/30 *(b)(c)* | 100000 | 100811 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 10/18/30 *(b)(c)* | 250000 | 249025 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 02/04/31 *(b)(c)* | 200000 | 203094 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.97%, 05/02/31 *(b)(c)* | 100000 | 100846 |
| **Santander Holdings USA, Inc.** | **Santander Holdings USA, Inc.** | **Santander Holdings USA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.24%, 10/05/26 *(b)(d)* | 200000 | 196122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 07/13/27 *(b)* | 250000 | 248003 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.49%, 01/06/28 *(b)(c)* | 150000 | 144186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 03/09/29 *(b)(c)* | 200000 | 207128 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.47%, 03/20/29 *(b)(c)* | 100000 | 100819 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.57%, 06/12/29 *(b)(c)* | 100000 | 103798 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 09/06/30 *(b)(c)* | 100000 | 100588 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.74%, 03/20/31 *(b)(c)* | 100000 | 101144 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Santander U.K. Group Holdings PLC** | **Santander U.K. Group Holdings PLC** | **Santander U.K. Group Holdings PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.47%, 01/11/28 *(b)(c)* | 250000 | 240355 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.82%, 11/03/28 *(b)(c)* | 200000 | 194572 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.86%, 09/11/30 *(b)(c)* | 200000 | 198292 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.69%, 04/15/31 *(b)(c)* | 200000 | 204740 |
| **State Street Bank & Trust Co.** | **State Street Bank & Trust Co.** | **State Street Bank & Trust Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.78%, 11/23/29  | 250000 | 253107 |
| **State Street Corp.** | **State Street Corp.** | **State Street Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.27%, 08/03/26 *(b)* | 200000 | 201910 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.99%, 03/18/27 *(b)* | 100000 | 101240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.33%, 10/22/27 *(b)* | 100000 | 100182 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 02/07/28 *(b)(c)* | 200000 | 192858 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.54%, 02/28/28 *(b)* | 250000 | 251985 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.82%, 11/04/28 *(b)(c)* | 75000 | 77495 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.53%, 02/20/29 *(b)(c)* | 100000 | 100342 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.68%, 11/21/29 *(b)(c)* | 150000 | 156011 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.14%, 12/03/29 *(b)(c)* | 100000 | 99064 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 01/24/30  | 100000 | 91993 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 03/30/31 *(b)(c)* | 100000 | 93784 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.03%, 11/01/34 *(b)(c)* | 75000 | 68381 |
| **Sumitomo Mitsui Financial Group, Inc.** | **Sumitomo Mitsui Financial Group, Inc.** | **Sumitomo Mitsui Financial Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 07/14/26  | 400000 | 392040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.40%, 09/17/26  | 300000 | 288378 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.01%, 10/19/26  | 200000 | 196092 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 01/11/27  | 200000 | 197014 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.17%, 01/14/27  | 200000 | 192928 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.36%, 07/12/27  | 200000 | 195932 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.52%, 01/13/28  | 250000 | 256777 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.54%, 01/17/28  | 200000 | 195676 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 07/13/28  | 200000 | 207418 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.72%, 09/14/28  | 200000 | 207102 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 09/17/28  | 250000 | 230113 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.04%, 07/16/29  | 400000 | 376220 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.72%, 09/27/29  | 200000 | 185058 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.71%, 01/13/30  | 200000 | 208370 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 01/15/30  | 200000 | 183978 |
| **Synchrony Bank** | **Synchrony Bank** | **Synchrony Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 08/23/27 *(b)* | 250000 | 253427 |
| **Synchrony Financial** | **Synchrony Financial** | **Synchrony Financial** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 12/01/27 *(b)* | 50000 | 48645 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 03/19/29 *(b)* | 100000 | 99216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.94%, 08/02/30 *(b)(c)* | 50000 | 50710 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/06/31 *(b)(c)* | 100000 | 99596 |
| **Synovus Financial Corp.** | **Synovus Financial Corp.** | **Synovus Financial Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.17%, 11/01/30 *(b)(c)* | 75000 | 76011 |
| **Toronto-Dominion Bank** | **Toronto-Dominion Bank** | **Toronto-Dominion Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.53%, 07/17/26  | 300000 | 303330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.57%, 12/17/26  | 200000 | 200308 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 01/12/27  | 100000 | 96186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 03/10/27  | 250000 | 243190 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.11%, 06/08/27  | 250000 | 248215 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.69%, 09/15/27  | 300000 | 301404 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.16%, 01/10/28  | 200000 | 203404 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.86%, 01/31/28  | 250000 | 252472 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.52%, 07/17/28  | 150000 | 154539 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.99%, 04/05/29  | 100000 | 101519 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.78%, 12/17/29  | 125000 | 125531 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 09/15/31 *(b)(c)* | 200000 | 196428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 09/10/34 *(b)(c)* | 100000 | 99350 |
| **Truist Bank** | **Truist Bank** | **Truist Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 10/30/26 *(b)* | 250000 | 246963 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 03/11/30 *(b)* | 250000 | 221215 |
| **Truist Financial Corp.** | **Truist Financial Corp.** | **Truist Financial Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 08/03/27 *(b)* | 150000 | 140220 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.12%, 06/06/28 *(b)(c)* | 200000 | 198436 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.87%, 01/26/29 *(b)(c)* | 250000 | 251467 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.89%, 06/07/29 *(b)(c)* | 200000 | 184922 |

---

**86**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.16%, 10/30/29 *(b)(c)* | 250000 | 269125 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.44%, 01/24/30 *(b)(c)* | 150000 | 153438 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.07%, 05/20/31 *(b)(c)* | 200000 | 201090 |
| **U.S. Bancorp** | **U.S. Bancorp** | **U.S. Bancorp** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 07/22/26 *(b)* | 200000 | 196032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 04/27/27 *(b)* | 150000 | 146883 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.22%, 01/27/28 *(b)(c)* | 200000 | 192620 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 07/22/28 *(b)(c)* | 200000 | 199856 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 02/01/29 *(b)(c)* | 300000 | 300582 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.78%, 06/12/29 *(b)(c)* | 250000 | 258112 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 01/23/30 *(b)(c)* | 250000 | 255842 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 07/23/30 *(b)(c)* | 200000 | 202602 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 02/12/31 *(b)(c)* | 200000 | 201564 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.08%, 05/15/31 *(b)(c)* | 200000 | 201770 |
| **U.S. Bank NA** | **U.S. Bank NA** | **U.S. Bank NA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.51%, 10/22/27 *(b)(c)* | 250000 | 249750 |
| **UBS AG** | **UBS AG** | **UBS AG** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 08/07/26  | 250000 | 240880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/09/27  | 250000 | 252827 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.86%, 01/10/28 *(b)(c)* | 250000 | 251297 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 02/15/28  | 350000 | 376369 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 09/11/28  | 250000 | 259155 |
| **Wells Fargo & Co.** | **Wells Fargo & Co.** | **Wells Fargo & Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 10/23/26  | 400000 | 392040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 06/17/27 *(b)(c)* | 350000 | 345030 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 07/22/27  | 400000 | 398248 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 01/24/28 *(b)(c)* | 300000 | 301182 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.53%, 03/24/28 *(b)(c)* | 500000 | 490385 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.71%, 04/22/28 *(b)(c)* | 400000 | 407516 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.58%, 05/22/28 *(b)(c)* | 500000 | 490200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.39%, 06/02/28 *(b)(c)* | 500000 | 478640 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.81%, 07/25/28 *(b)(c)* | 500000 | 501480 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 01/24/29 *(b)* | 350000 | 345702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.97%, 04/23/29 *(b)(c)* | 250000 | 252000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.57%, 07/25/29 *(b)(c)* | 700000 | 718256 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.30%, 10/23/29 *(b)(c)* | 400000 | 420000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 01/23/30 *(b)(c)* | 400000 | 406820 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 10/30/30 *(b)(c)* | 350000 | 323344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.24%, 01/24/31 *(b)(c)* | 400000 | 406256 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.57%, 02/11/31 *(b)(c)* | 200000 | 180818 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.48%, 04/04/31 *(b)(c)* | 450000 | 442939 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 04/23/31 *(b)(c)* | 300000 | 303795 |
| **Wells Fargo Bank NA** | **Wells Fargo Bank NA** | **Wells Fargo Bank NA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 08/07/26 *(b)* | 350000 | 353962 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 12/11/26 *(b)* | 250000 | 253260 |
| **Westpac Banking Corp.** | **Westpac Banking Corp.** | **Westpac Banking Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.15%, 06/03/26  | 250000 | 242298 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 08/19/26  | 200000 | 196454 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 03/08/27  | 200000 | 197072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.46%, 11/18/27  | 250000 | 257192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 01/25/28  | 200000 | 196158 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.54%, 11/17/28  | 200000 | 208404 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 11/20/28  | 200000 | 185288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 01/16/30  | 100000 | 92890 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.32%, 11/23/31 *(b)(c)* | 300000 | 297054 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.11%, 07/24/34 *(b)(c)* | 150000 | 143829 |
|  |  | **122966811** |
| ***Brokerage/Asset Managers/Exchanges 0.4%***  | ***Brokerage/Asset Managers/Exchanges 0.4%***  | ***Brokerage/Asset Managers/Exchanges 0.4%***  |
| **Ameriprise Financial, Inc.** | **Ameriprise Financial, Inc.** | **Ameriprise Financial, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 12/15/28 *(b)* | 100000 | 104266 |
| **Ares Management Corp.** | **Ares Management Corp.** | **Ares Management Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 11/10/28 *(b)* | 100000 | 105434 |
| **BGC Group, Inc.** | **BGC Group, Inc.** | **BGC Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 05/25/28 *(b)* | 75000 | 79697 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 04/02/30 *(b)(d)* | 100000 | 100101 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **BlackRock Funding, Inc.** | **BlackRock Funding, Inc.** | **BlackRock Funding, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 03/14/29 *(b)* | 100000 | 101647 |
| **BlackRock, Inc.** | **BlackRock, Inc.** | **BlackRock, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 03/15/27  | 100000 | 98447 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 04/30/29 *(b)* | 100000 | 96671 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 04/30/30 *(b)* | 100000 | 91307 |
| **Brookfield Finance, Inc.** | **Brookfield Finance, Inc.** | **Brookfield Finance, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 01/25/28 *(b)* | 200000 | 196556 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 03/29/29 *(b)* | 175000 | 175336 |
| **Cboe Global Markets, Inc.** | **Cboe Global Markets, Inc.** | **Cboe Global Markets, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 01/12/27 *(b)* | 150000 | 148075 |
| **Charles Schwab Corp.** | **Charles Schwab Corp.** | **Charles Schwab Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 08/24/26 *(b)(e)* | 125000 | 127023 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 03/02/27 *(b)(e)* | 50000 | 49073 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 03/03/27 *(b)(e)* | 200000 | 193716 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 04/01/27 *(b)(e)* | 50000 | 49149 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 01/25/28 *(b)(e)* | 90000 | 87652 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 03/20/28 *(b)(e)* | 150000 | 141350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/01/29 *(b)(e)* | 75000 | 74342 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.64%, 05/19/29 *(b)(c)(e)* | 150000 | 155394 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/22/29 *(b)(e)* | 75000 | 72011 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 10/01/29 *(b)(e)* | 50000 | 46600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 11/17/29 *(b)(c)(e)* | 175000 | 185111 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 03/22/30 *(b)(e)* | 50000 | 50593 |
| **CME Group, Inc.** | **CME Group, Inc.** | **CME Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 06/15/28 *(b)* | 100000 | 98888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 03/15/30 *(b)* | 100000 | 99920 |
| **Intercontinental Exchange, Inc.** | **Intercontinental Exchange, Inc.** | **Intercontinental Exchange, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 09/15/27 *(b)* | 100000 | 97464 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 09/15/27 *(b)* | 250000 | 248072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 09/01/28 *(b)* | 150000 | 146367 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/21/28 *(b)* | 100000 | 98022 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 06/15/29 *(b)* | 100000 | 99788 |
| **Jefferies Financial Group, Inc.** | **Jefferies Financial Group, Inc.** | **Jefferies Financial Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 01/15/27  | 200000 | 201004 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 07/21/28 *(b)* | 150000 | 154113 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 01/23/30  | 100000 | 96571 |
| **Lazard Group LLC** | **Lazard Group LLC** | **Lazard Group LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 03/01/27 *(b)* | 150000 | 146946 |
| **LPL Holdings, Inc.** | **LPL Holdings, Inc.** | **LPL Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 04/03/28 *(b)* | 75000 | 75152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 11/17/28 *(b)* | 100000 | 106254 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 03/15/30 *(b)* | 100000 | 100609 |
| **Marex Group PLC** | **Marex Group PLC** | **Marex Group PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.83%, 05/08/28 *(b)* | 100000 | 100510 |
| **Nasdaq, Inc.** | **Nasdaq, Inc.** | **Nasdaq, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 06/30/26 *(b)* | 75000 | 74588 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 06/28/28 *(b)* | 175000 | 179622 |
| **Nomura Holdings, Inc.** | **Nomura Holdings, Inc.** | **Nomura Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.33%, 01/22/27  | 200000 | 192378 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.84%, 01/18/28  | 200000 | 205160 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.07%, 07/12/28  | 200000 | 207756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.17%, 07/14/28  | 200000 | 185406 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.61%, 07/06/29  | 200000 | 205100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 01/16/30  | 200000 | 184964 |
| **Raymond James Financial, Inc.** | **Raymond James Financial, Inc.** | **Raymond James Financial, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 04/01/30 *(b)* | 75000 | 75611 |
| **Stifel Financial Corp.** | **Stifel Financial Corp.** | **Stifel Financial Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/15/30 *(b)* | 100000 | 95050 |
|  |  | **6004866** |
| ***Finance Companies 0.7%***  | ***Finance Companies 0.7%***  | ***Finance Companies 0.7%***  |
| **AerCap Ireland Capital DAC/AerCap Global Aviation Trust** | **AerCap Ireland Capital DAC/AerCap Global Aviation Trust** | **AerCap Ireland Capital DAC/AerCap Global Aviation Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.45%, 04/15/27 *(b)* | 250000 | 257410 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 07/21/27 *(b)* | 200000 | 195616 |

---

**87**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 10/15/27 *(b)* | 150000 | 149623 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 04/01/28 *(b)* | 250000 | 251360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 06/06/28 *(b)* | 150000 | 154188 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 10/29/28 *(b)* | 500000 | 472205 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 01/19/29 *(b)* | 150000 | 151483 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 09/10/29 *(b)* | 150000 | 148750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 03/10/55 *(b)(c)* | 150000 | 154059 |
| **Air Lease Corp.** | **Air Lease Corp.** | **Air Lease Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 06/01/26 *(b)* | 150000 | 148830 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 08/15/26 *(b)* | 250000 | 241817 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 01/15/27 *(b)* | 200000 | 192748 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 12/15/27 *(b)* | 100000 | 102970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 02/01/28 *(b)* | 150000 | 152898 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 10/01/28 *(b)* | 100000 | 100078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 03/01/29 *(b)* | 100000 | 101655 |
| **Aircastle Ltd.** | **Aircastle Ltd.** | **Aircastle Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 06/15/26 *(b)* | 125000 | 124114 |
| **Apollo Debt Solutions BDC** | **Apollo Debt Solutions BDC** | **Apollo Debt Solutions BDC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.90%, 04/13/29 *(b)* | 200000 | 207452 |
| **ARES Capital Corp.** | **ARES Capital Corp.** | **ARES Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 07/15/26 *(b)* | 150000 | 145431 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 06/15/27 *(b)* | 100000 | 96064 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 06/15/28 *(b)* | 200000 | 186826 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 03/01/29 *(b)* | 150000 | 152068 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 07/15/29 *(b)* | 100000 | 101757 |
| **ARES Strategic Income Fund** | **ARES Strategic Income Fund** | **ARES Strategic Income Fund** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 03/15/28 *(b)* | 125000 | 125150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 08/15/29 *(b)* | 125000 | 126703 |
| **Bain Capital Specialty Finance, Inc.** | **Bain Capital Specialty Finance, Inc.** | **Bain Capital Specialty Finance, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 10/13/26 *(b)* | 50000 | 48078 |
| **Barings BDC, Inc.** | **Barings BDC, Inc.** | **Barings BDC, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 11/23/26 *(b)* | 100000 | 97066 |
| **BlackRock TCP Capital Corp.** | **BlackRock TCP Capital Corp.** | **BlackRock TCP Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 05/30/29 *(b)* | 75000 | 75977 |
| **Blackstone Private Credit Fund** | **Blackstone Private Credit Fund** | **Blackstone Private Credit Fund** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 09/26/27 *(b)* | 100000 | 98982 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.30%, 11/27/28 *(b)* | 150000 | 158880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/15/29 *(b)* | 100000 | 95062 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 07/16/29 *(b)* | 100000 | 101043 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 11/22/29 *(b)* | 175000 | 173964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 04/01/30 *(b)* | 100000 | 97917 |
| **Blackstone Secured Lending Fund** | **Blackstone Secured Lending Fund** | **Blackstone Secured Lending Fund** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 09/16/26 *(b)* | 150000 | 145460 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 02/15/27 *(b)* | 100000 | 95064 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 04/13/28 *(b)* | 75000 | 75186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 09/30/28 *(b)* | 100000 | 92346 |
| **Blue Owl Capital Corp.** | **Blue Owl Capital Corp.** | **Blue Owl Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 07/15/26 *(b)* | 150000 | 146893 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.45%, 11/15/26 *(b)* | 75000 | 77885 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 01/15/27 *(b)* | 50000 | 47819 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 04/13/27 *(b)* | 50000 | 47923 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 06/11/28 *(b)* | 100000 | 92332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 03/15/29 *(b)* | 150000 | 150025 |
| **Blue Owl Credit Income Corp.** | **Blue Owl Credit Income Corp.** | **Blue Owl Credit Income Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 09/23/26 *(b)* | 75000 | 72572 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 02/08/27 *(b)* | 75000 | 74188 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%, 09/16/27 *(b)* | 100000 | 104224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.95%, 06/13/28 *(b)* | 100000 | 105876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%, 01/15/29 *(b)* | 75000 | 79325 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.60%, 09/15/29 *(b)* | 175000 | 178981 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 03/15/30 *(b)* | 200000 | 198128 |
| **Blue Owl Technology Finance Corp.** | **Blue Owl Technology Finance Corp.** | **Blue Owl Technology Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 01/15/27 *(b)* | 75000 | 70921 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 03/15/28 *(b)(d)* | 100000 | 99278 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 04/04/29 *(b)* | 100000 | 100739 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Franklin BSP Capital Corp.** | **Franklin BSP Capital Corp.** | **Franklin BSP Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.20%, 06/15/29 *(b)* | 75000 | 75932 |
| **FS KKR Capital Corp.** | **FS KKR Capital Corp.** | **FS KKR Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 01/15/27 *(b)* | 100000 | 95380 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 10/12/28 *(b)* | 100000 | 90607 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%, 01/15/29 *(b)* | 75000 | 78591 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 08/15/29 *(b)* | 50000 | 50874 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 01/15/30 *(b)* | 100000 | 98535 |
| **GATX Corp.** | **GATX Corp.** | **GATX Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 09/15/26 *(b)* | 100000 | 98128 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 03/15/27 *(b)* | 75000 | 75873 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/15/28 *(b)* | 75000 | 72905 |
| **Goldman Sachs Private Credit Corp.** | **Goldman Sachs Private Credit Corp.** | **Goldman Sachs Private Credit Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 05/06/30 *(b)(d)* | 100000 | 100917 |
| **Golub Capital BDC, Inc.** | **Golub Capital BDC, Inc.** | **Golub Capital BDC, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 08/24/26 *(b)* | 100000 | 96900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 02/15/27 *(b)* | 100000 | 94518 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 07/15/29 *(b)* | 75000 | 75935 |
| **Golub Capital Private Credit Fund** | **Golub Capital Private Credit Fund** | **Golub Capital Private Credit Fund** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 09/12/29 *(b)(d)* | 75000 | 74310 |
| **Hercules Capital, Inc.** | **Hercules Capital, Inc.** | **Hercules Capital, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 09/16/26 *(b)* | 75000 | 72136 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 01/20/27 *(b)* | 100000 | 96480 |
| **HPS Corporate Lending Fund** | **HPS Corporate Lending Fund** | **HPS Corporate Lending Fund** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 01/14/28 *(b)* | 100000 | 99989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 01/30/29 *(b)* | 100000 | 103362 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 09/30/29 *(b)* | 75000 | 76206 |
| **Main Street Capital Corp.** | **Main Street Capital Corp.** | **Main Street Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 06/04/27 *(b)* | 75000 | 76469 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 03/01/29 *(b)* | 75000 | 77381 |
| **Morgan Stanley Direct Lending Fund** | **Morgan Stanley Direct Lending Fund** | **Morgan Stanley Direct Lending Fund** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/11/27 *(b)* | 100000 | 99093 |
| **MSD Investment Corp.** | **MSD Investment Corp.** | **MSD Investment Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 05/31/30 *(b)(d)* | 100000 | 98206 |
| **New Mountain Finance Corp.** | **New Mountain Finance Corp.** | **New Mountain Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 10/15/27  | 50000 | 50297 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 02/01/29 *(b)* | 50000 | 50564 |
| **Oaktree Specialty Lending Corp.** | **Oaktree Specialty Lending Corp.** | **Oaktree Specialty Lending Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.10%, 02/15/29 *(b)* | 50000 | 51049 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.34%, 02/27/30 *(b)* | 50000 | 49374 |
| **Oaktree Strategic Credit Fund** | **Oaktree Strategic Credit Fund** | **Oaktree Strategic Credit Fund** |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.40%, 11/14/28 *(b)* | 50000 | 53641 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 07/23/29 *(b)* | 75000 | 75915 |
| **Sixth Street Lending Partners** | **Sixth Street Lending Partners** | **Sixth Street Lending Partners** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 03/11/29 *(b)* | 200000 | 205304 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 01/15/30 *(b)* | 100000 | 99525 |
| **Sixth Street Specialty Lending, Inc.** | **Sixth Street Specialty Lending, Inc.** | **Sixth Street Specialty Lending, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 03/01/29 *(b)* | 75000 | 76296 |
|  |  | **9934081** |
| ***Financial Other 0.0%***  | ***Financial Other 0.0%***  | ***Financial Other 0.0%***  |
| **ORIX Corp.** | **ORIX Corp.** | **ORIX Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/13/27  | 100000 | 100860 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 09/10/29  | 100000 | 99831 |
|  |  | **200691** |
| ***Insurance 0.9%***  | ***Insurance 0.9%***  | ***Insurance 0.9%***  |
| **ACE Capital Trust II** | **ACE Capital Trust II** | **ACE Capital Trust II** |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.70%, 04/01/30  | 50000 | 59699 |
| **Aegon Ltd.** | **Aegon Ltd.** | **Aegon Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 04/11/48 *(b)(c)* | 450000 | 448105 |
| **Aflac, Inc.** | **Aflac, Inc.** | **Aflac, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 04/01/30 *(b)* | 100000 | 96494 |

---

**88**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Allstate Corp.** | **Allstate Corp.** | **Allstate Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.28%, 12/15/26 *(b)* | 100000 | 98304 |
| **American International Group, Inc.** | **American International Group, Inc.** | **American International Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 05/07/30 *(b)* | 100000 | 100445 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 04/01/48 *(b)(c)* | 75000 | 75116 |
| **American National Group, Inc.** | **American National Group, Inc.** | **American National Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/27 *(b)* | 100000 | 99986 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 10/01/29 *(b)* | 75000 | 76311 |
| **Aon Corp.** | **Aon Corp.** | **Aon Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 05/02/29 *(b)* | 125000 | 121476 |
| **Aon Corp./Aon Global Holdings PLC** | **Aon Corp./Aon Global Holdings PLC** | **Aon Corp./Aon Global Holdings PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 05/28/27 *(b)* | 100000 | 97157 |
| **Aon North America, Inc.** | **Aon North America, Inc.** | **Aon North America, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 03/01/27 *(b)* | 125000 | 126359 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 03/01/29 *(b)* | 150000 | 153078 |
| **Arch Capital Finance LLC** | **Arch Capital Finance LLC** | **Arch Capital Finance LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.01%, 12/15/26 *(b)* | 150000 | 148774 |
| **Arthur J Gallagher & Co.** | **Arthur J Gallagher & Co.** | **Arthur J Gallagher & Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 12/15/27 *(b)* | 100000 | 100293 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 12/15/29 *(b)* | 100000 | 100880 |
| **Assurant, Inc.** | **Assurant, Inc.** | **Assurant, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/27/28 *(b)* | 75000 | 75138 |
| **Assured Guaranty U.S. Holdings, Inc.** | **Assured Guaranty U.S. Holdings, Inc.** | **Assured Guaranty U.S. Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 09/15/28 *(b)* | 75000 | 78325 |
| **Athene Holding Ltd.** | **Athene Holding Ltd.** | **Athene Holding Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 01/12/28 *(b)* | 200000 | 196732 |
| **AXIS Specialty Finance LLC** | **AXIS Specialty Finance LLC** | **AXIS Specialty Finance LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 01/15/40 *(b)(c)* | 100000 | 94986 |
| **AXIS Specialty Finance PLC** | **AXIS Specialty Finance PLC** | **AXIS Specialty Finance PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/06/27 *(b)* | 100000 | 98350 |
| **Berkshire Hathaway Finance Corp.** | **Berkshire Hathaway Finance Corp.** | **Berkshire Hathaway Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 03/15/27 *(b)* | 100000 | 97171 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.85%, 03/12/30 *(b)* | 100000 | 90274 |
| **Brighthouse Financial, Inc.** | **Brighthouse Financial, Inc.** | **Brighthouse Financial, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 06/22/27 *(b)* | 125000 | 122176 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 05/15/30 *(b)* | 100000 | 101865 |
| **Centene Corp.** | **Centene Corp.** | **Centene Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/15/27 *(b)* | 400000 | 391232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 07/15/28 *(b)* | 400000 | 368732 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 12/15/29 *(b)* | 450000 | 433503 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 02/15/30 *(b)* | 200000 | 182322 |
| **Chubb INA Holdings LLC** | **Chubb INA Holdings LLC** | **Chubb INA Holdings LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 08/15/29 *(b)* | 50000 | 50517 |
| **Cincinnati Financial Corp.** | **Cincinnati Financial Corp.** | **Cincinnati Financial Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.92%, 05/15/28  | 100000 | 107106 |
| **CNA Financial Corp.** | **CNA Financial Corp.** | **CNA Financial Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 05/01/29 *(b)* | 100000 | 97182 |
| **CNO Financial Group, Inc.** | **CNO Financial Group, Inc.** | **CNO Financial Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/30/29 *(b)* | 100000 | 99879 |
| **Corebridge Financial, Inc.** | **Corebridge Financial, Inc.** | **Corebridge Financial, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 04/05/27 *(b)* | 175000 | 172303 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 04/05/29 *(b)* | 150000 | 145653 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 12/15/52 *(b)(c)* | 150000 | 152569 |
| **Elevance Health, Inc.** | **Elevance Health, Inc.** | **Elevance Health, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 12/01/27 *(b)* | 250000 | 245572 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 03/01/28 *(b)* | 150000 | 148711 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 06/15/29 *(b)* | 150000 | 152928 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 09/15/29 *(b)* | 100000 | 93245 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 05/15/30 *(b)* | 100000 | 89108 |
| **Enact Holdings, Inc.** | **Enact Holdings, Inc.** | **Enact Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 05/28/29 *(b)* | 125000 | 128550 |
| **Enstar Finance LLC** | **Enstar Finance LLC** | **Enstar Finance LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/15/42 *(b)(c)* | 75000 | 73128 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Enstar Group Ltd.** | **Enstar Group Ltd.** | **Enstar Group Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 06/01/29 *(b)* | 100000 | 99436 |
| **Equitable Holdings, Inc.** | **Equitable Holdings, Inc.** | **Equitable Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 04/20/28 *(b)* | 200000 | 198742 |
| **Essent Group Ltd.** | **Essent Group Ltd.** | **Essent Group Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 07/01/29 *(b)* | 75000 | 77285 |
| **F&G Annuities & Life, Inc.** | **F&G Annuities & Life, Inc.** | **F&G Annuities & Life, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.40%, 01/13/28 *(b)* | 100000 | 104110 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 06/04/29 *(b)* | 75000 | 76719 |
| **Fairfax Financial Holdings Ltd.** | **Fairfax Financial Holdings Ltd.** | **Fairfax Financial Holdings Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 04/17/28 *(b)* | 100000 | 100574 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 04/29/30 *(b)* | 75000 | 73981 |
| **Fidelity National Financial, Inc.** | **Fidelity National Financial, Inc.** | **Fidelity National Financial, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 08/15/28 *(b)* | 50000 | 49526 |
| **First American Financial Corp.** | **First American Financial Corp.** | **First American Financial Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/15/30 *(b)* | 100000 | 94148 |
| **Globe Life, Inc.** | **Globe Life, Inc.** | **Globe Life, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 09/15/28 *(b)* | 75000 | 74936 |
| **Hartford Insurance Group, Inc.** | **Hartford Insurance Group, Inc.** | **Hartford Insurance Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 08/19/29 *(b)* | 50000 | 46625 |
| **Horace Mann Educators Corp.** | **Horace Mann Educators Corp.** | **Horace Mann Educators Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 09/15/28 *(b)* | 50000 | 53450 |
| **Humana, Inc.** | **Humana, Inc.** | **Humana, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.35%, 02/03/27 *(b)* | 150000 | 142868 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 03/15/27 *(b)* | 150000 | 148941 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 12/01/28 *(b)* | 75000 | 77465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/23/29 *(b)* | 100000 | 96097 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 08/15/29 *(b)* | 50000 | 46591 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 04/01/30 *(b)* | 75000 | 74651 |
| **Jackson Financial, Inc.** | **Jackson Financial, Inc.** | **Jackson Financial, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.17%, 06/08/27 *(b)* | 100000 | 100915 |
| **Lincoln National Corp.** | **Lincoln National Corp.** | **Lincoln National Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 12/12/26 *(b)* | 100000 | 98532 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 01/15/30 *(b)* | 100000 | 92697 |
| **Manulife Financial Corp.** | **Manulife Financial Corp.** | **Manulife Financial Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.06%, 02/24/32 *(b)(c)* | 100000 | 98555 |
| **Markel Group, Inc.** | **Markel Group, Inc.** | **Markel Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 11/01/27 *(b)* | 75000 | 73266 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 09/17/29 *(b)* | 100000 | 95374 |
| **Marsh & McLennan Cos., Inc.** | **Marsh & McLennan Cos., Inc.** | **Marsh & McLennan Cos., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/15/29 *(b)* | 150000 | 150075 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 03/15/30 *(b)* | 100000 | 100459 |
| **Mercury General Corp.** | **Mercury General Corp.** | **Mercury General Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 03/15/27 *(b)* | 100000 | 98700 |
| **MetLife, Inc.** | **MetLife, Inc.** | **MetLife, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 03/23/30 *(b)* | 100000 | 100768 |
| **MGIC Investment Corp.** | **MGIC Investment Corp.** | **MGIC Investment Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 08/15/28 *(b)* | 100000 | 99314 |
| **NMI Holdings, Inc.** | **NMI Holdings, Inc.** | **NMI Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 08/15/29 *(b)* | 50000 | 51146 |
| **Old Republic International Corp.** | **Old Republic International Corp.** | **Old Republic International Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 08/26/26 *(b)* | 100000 | 99063 |
| **PartnerRe Finance B LLC** | **PartnerRe Finance B LLC** | **PartnerRe Finance B LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 07/02/29 *(b)* | 75000 | 72075 |
| **Principal Financial Group, Inc.** | **Principal Financial Group, Inc.** | **Principal Financial Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 05/15/29 *(b)* | 75000 | 72561 |
| **Progressive Corp.** | **Progressive Corp.** | **Progressive Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 01/15/27  | 100000 | 97191 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 03/15/27 *(b)* | 100000 | 97058 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/01/29 *(b)* | 100000 | 98970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 03/26/30 *(b)* | 100000 | 94893 |

---

**89**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Prudential Financial, Inc.** | **Prudential Financial, Inc.** | **Prudential Financial, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 03/10/30 *(b)* | 100000 | 90239 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 09/15/47 *(b)(c)* | 100000 | 98035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 09/15/48 *(b)(c)* | 150000 | 150090 |
| **Prudential Funding Asia PLC** | **Prudential Funding Asia PLC** | **Prudential Funding Asia PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 04/14/30  | 150000 | 141158 |
| **Radian Group, Inc.** | **Radian Group, Inc.** | **Radian Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/15/27 *(b)* | 150000 | 149785 |
| **Reinsurance Group of America, Inc.** | **Reinsurance Group of America, Inc.** | **Reinsurance Group of America, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 05/15/29 *(b)* | 75000 | 73088 |
| **RenaissanceRe Holdings Ltd.** | **RenaissanceRe Holdings Ltd.** | **RenaissanceRe Holdings Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 04/15/29 *(b)* | 75000 | 72035 |
| **SiriusPoint Ltd.** | **SiriusPoint Ltd.** | **SiriusPoint Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 04/05/29 *(b)* | 75000 | 78121 |
| **UnitedHealth Group, Inc.** | **UnitedHealth Group, Inc.** | **UnitedHealth Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 01/15/27  | 100000 | 98490 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 05/15/27 *(b)* | 200000 | 197160 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 10/15/27  | 150000 | 144838 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 02/15/28 *(b)* | 200000 | 203860 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 06/15/28  | 150000 | 147349 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 12/15/28  | 100000 | 97771 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 01/15/29 *(b)* | 200000 | 197692 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 04/15/29 *(b)* | 75000 | 75191 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/15/29 *(b)* | 125000 | 122200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 08/15/29  | 50000 | 46678 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 01/15/30 *(b)* | 200000 | 201102 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 02/15/30 *(b)* | 200000 | 204886 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 05/15/30  | 100000 | 88108 |
| **Voya Financial, Inc.** | **Voya Financial, Inc.** | **Voya Financial, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 01/23/48 *(b)(c)* | 50000 | 47321 |
| **Willis North America, Inc.** | **Willis North America, Inc.** | **Willis North America, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 06/15/27 *(b)* | 150000 | 150633 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 09/15/28 *(b)* | 100000 | 99707 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 09/15/29 *(b)* | 100000 | 93189 |
|  |  | **12486217** |
| ***REITs 0.7%***  | ***REITs 0.7%***  | ***REITs 0.7%***  |
| **Agree LP** | **Agree LP** | **Agree LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 06/15/28 *(b)* | 100000 | 92861 |
| **Alexandria Real Estate Equities, Inc.** | **Alexandria Real Estate Equities, Inc.** | **Alexandria Real Estate Equities, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 01/15/28 *(b)* | 100000 | 98602 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 12/15/29 *(b)* | 150000 | 136987 |
| **American Homes 4 Rent LP** | **American Homes 4 Rent LP** | **American Homes 4 Rent LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 02/15/28 *(b)* | 100000 | 98844 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/15/29 *(b)* | 50000 | 50283 |
| **AvalonBay Communities, Inc.** | **AvalonBay Communities, Inc.** | **AvalonBay Communities, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 01/15/28 *(b)* | 100000 | 97263 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 12/01/28 *(b)* | 75000 | 68909 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 06/01/29 *(b)* | 100000 | 95632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 03/01/30 *(b)* | 100000 | 90453 |
| **Boston Properties LP** | **Boston Properties LP** | **Boston Properties LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 10/01/26 *(b)* | 100000 | 97311 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 12/01/27 *(b)* | 100000 | 104360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 12/01/28 *(b)* | 150000 | 147975 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 06/21/29 *(b)* | 100000 | 93876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 03/15/30 *(b)* | 100000 | 90628 |
| **Brixmor Operating Partnership LP** | **Brixmor Operating Partnership LP** | **Brixmor Operating Partnership LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 06/15/26 *(b)* | 100000 | 99507 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 03/15/27 *(b)* | 75000 | 74038 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 05/15/29 *(b)* | 100000 | 97378 |
| **Camden Property Trust** | **Camden Property Trust** | **Camden Property Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 11/03/26 *(b)* | 75000 | 76348 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 10/15/28 *(b)* | 50000 | 49534 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 07/01/29 *(b)* | 75000 | 71109 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **COPT Defense Properties LP** | **COPT Defense Properties LP** | **COPT Defense Properties LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 01/15/29 *(b)* | 75000 | 67259 |
| **CubeSmart LP** | **CubeSmart LP** | **CubeSmart LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 09/01/26 *(b)* | 100000 | 97927 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 12/15/28 *(b)* | 100000 | 92342 |
| **Digital Realty Trust LP** | **Digital Realty Trust LP** | **Digital Realty Trust LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 08/15/27 *(b)* | 200000 | 196938 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 01/15/28 *(b)* | 150000 | 153630 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 07/15/28 *(b)* | 100000 | 99709 |
| **DOC Dr. LLC** | **DOC Dr. LLC** | **DOC Dr. LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 01/15/28 *(b)* | 100000 | 98387 |
| **EPR Properties** | **EPR Properties** | **EPR Properties** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 12/15/26 *(b)* | 100000 | 99566 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 06/01/27 *(b)* | 100000 | 98976 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 08/15/29 *(b)* | 150000 | 141573 |
| **ERP Operating LP** | **ERP Operating LP** | **ERP Operating LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 11/01/26 *(b)* | 100000 | 97888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/01/28 *(b)* | 100000 | 97810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 07/01/29 *(b)* | 150000 | 141732 |
| **Essex Portfolio LP** | **Essex Portfolio LP** | **Essex Portfolio LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 03/01/28 *(b)* | 100000 | 92543 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/01/29 *(b)* | 75000 | 73171 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 01/15/30 *(b)* | 100000 | 92446 |
| **Extra Space Storage LP** | **Extra Space Storage LP** | **Extra Space Storage LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 07/01/26 *(b)* | 100000 | 98929 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 04/01/28 *(b)* | 100000 | 102874 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 04/01/29 *(b)* | 150000 | 145558 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/15/29 *(b)* | 150000 | 145732 |
| **Federal Realty OP LP** | **Federal Realty OP LP** | **Federal Realty OP LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 05/01/28 *(b)* | 50000 | 50981 |
| **Healthcare Realty Holdings LP** | **Healthcare Realty Holdings LP** | **Healthcare Realty Holdings LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 08/01/26 *(b)* | 50000 | 49203 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 07/01/27 *(b)* | 75000 | 73369 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 02/15/30 *(b)* | 75000 | 68764 |
| **Healthpeak OP LLC** | **Healthpeak OP LLC** | **Healthpeak OP LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 07/15/26 *(b)* | 100000 | 98503 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 12/01/28 *(b)* | 75000 | 68912 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 07/15/29 *(b)* | 75000 | 71563 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 01/15/30 *(b)* | 100000 | 92608 |
| **Highwoods Realty LP** | **Highwoods Realty LP** | **Highwoods Realty LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/15/28 *(b)* | 100000 | 97393 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 02/15/30 *(b)* | 75000 | 67626 |
| **Host Hotels & Resorts LP** | **Host Hotels & Resorts LP** | **Host Hotels & Resorts LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 12/15/29 *(b)* | 50000 | 46330 |
| **Invitation Homes Operating Partnership LP** | **Invitation Homes Operating Partnership LP** | **Invitation Homes Operating Partnership LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 11/15/28 *(b)* | 100000 | 92861 |
| **Kilroy Realty LP** | **Kilroy Realty LP** | **Kilroy Realty LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 12/15/28 *(b)* | 75000 | 73612 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 08/15/29 *(b)* | 50000 | 47283 |
| **Kimco Realty OP LLC** | **Kimco Realty OP LLC** | **Kimco Realty OP LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 04/01/27 *(b)* | 100000 | 98827 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 03/01/28 *(b)* | 100000 | 93433 |
| **LXP Industrial Trust** | **LXP Industrial Trust** | **LXP Industrial Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 11/15/28 *(b)* | 50000 | 52657 |
| **Mid-America Apartments LP** | **Mid-America Apartments LP** | **Mid-America Apartments LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 06/01/27 *(b)* | 150000 | 147798 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 03/15/29 *(b)* | 100000 | 98073 |
| **NNN REIT, Inc.** | **NNN REIT, Inc.** | **NNN REIT, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 10/15/27 *(b)* | 100000 | 97633 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 10/15/28 *(b)* | 100000 | 98880 |
| **Omega Healthcare Investors, Inc.** | **Omega Healthcare Investors, Inc.** | **Omega Healthcare Investors, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/01/27 *(b)* | 150000 | 149710 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 01/15/28 *(b)* | 50000 | 50052 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 10/01/29 *(b)* | 75000 | 70484 |

---

**90**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Piedmont Operating Partnership LP** | **Piedmont Operating Partnership LP** | **Piedmont Operating Partnership LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.25%, 07/20/28 *(b)* | 100000 | 110521 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 07/15/29 *(b)* | 75000 | 77683 |
| **Prologis LP** | **Prologis LP** | **Prologis LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/30/26 *(b)* | 100000 | 98813 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 04/15/27 *(b)* | 100000 | 96169 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 06/15/28 *(b)* | 100000 | 101476 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 09/15/28 *(b)* | 100000 | 98649 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 09/15/28 *(b)* | 75000 | 74158 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 02/01/29 *(b)* | 75000 | 75112 |
| **Public Storage Operating Co.** | **Public Storage Operating Co.** | **Public Storage Operating Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 11/09/26 *(b)* | 100000 | 96015 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.85%, 05/01/28 *(b)* | 100000 | 93375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 11/09/28 *(b)* | 75000 | 69341 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 01/15/29 *(b)* | 100000 | 102663 |
| **Realty Income Corp.** | **Realty Income Corp.** | **Realty Income Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 10/15/26 *(b)* | 150000 | 149259 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 01/15/27 *(b)* | 150000 | 146691 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 08/15/27 *(b)* | 150000 | 148627 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 01/15/28 *(b)* | 100000 | 98260 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 03/15/28 *(b)* | 75000 | 70510 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/15/29 *(b)* | 75000 | 75402 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/15/29 *(b)* | 75000 | 71344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/15/29 *(b)* | 75000 | 73237 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 01/15/30 *(b)* | 100000 | 94785 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 03/15/30 *(b)* | 100000 | 100872 |
| **Regency Centers LP** | **Regency Centers LP** | **Regency Centers LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 02/01/27 *(b)* | 100000 | 98714 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 09/15/29 *(b)* | 75000 | 70393 |
| **Sabra Health Care LP** | **Sabra Health Care LP** | **Sabra Health Care LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 08/15/26 *(b)* | 100000 | 99899 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 10/15/29 *(b)* | 75000 | 70301 |
| **Simon Property Group LP** | **Simon Property Group LP** | **Simon Property Group LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 11/30/26 *(b)* | 150000 | 147555 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 01/15/27 *(b)* | 150000 | 143017 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 06/15/27 *(b)* | 100000 | 98183 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 12/01/27 *(b)* | 100000 | 97720 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 02/01/28 *(b)* | 50000 | 46785 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 09/13/29 *(b)* | 150000 | 138085 |
| **Store Capital LLC** | **Store Capital LLC** | **Store Capital LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/15/28 *(b)* | 50000 | 49120 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 03/15/29 *(b)* | 75000 | 73072 |
| **Sun Communities Operating LP** | **Sun Communities Operating LP** | **Sun Communities Operating LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 11/01/28 *(b)* | 50000 | 46319 |
| **Tanger Properties LP** | **Tanger Properties LP** | **Tanger Properties LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 09/01/26 *(b)* | 100000 | 97872 |
| **UDR, Inc.** | **UDR, Inc.** | **UDR, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 07/01/27 *(b)* | 150000 | 147111 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 01/26/29 *(b)* | 50000 | 49609 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 01/15/30 *(b)* | 100000 | 94060 |
| **Ventas Realty LP** | **Ventas Realty LP** | **Ventas Realty LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 10/15/26 *(b)* | 100000 | 98046 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/01/28 *(b)* | 100000 | 98474 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 01/15/29 *(b)* | 100000 | 99053 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 01/15/30 *(b)* | 100000 | 92665 |
| **Welltower OP LLC** | **Welltower OP LLC** | **Welltower OP LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 02/15/27 *(b)* | 100000 | 97443 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 04/15/28 *(b)* | 102000 | 101740 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/15/29 *(b)* | 75000 | 74086 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 01/15/30 *(b)* | 100000 | 93924 |
|  |  | **10469651** |
|  |  | **162062317** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Industrial 12.6%** | **Industrial 12.6%** | **Industrial 12.6%** |
| ***Basic Industry 0.5%***  | ***Basic Industry 0.5%***  | ***Basic Industry 0.5%***  |
| **Air Products & Chemicals, Inc.** | **Air Products & Chemicals, Inc.** | **Air Products & Chemicals, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 02/08/29 *(b)* | 100000 | 101066 |
| **Albemarle Corp.** | **Albemarle Corp.** | **Albemarle Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 06/01/27 *(b)* | 150000 | 148287 |
| **ArcelorMittal SA** | **ArcelorMittal SA** | **ArcelorMittal SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55%, 11/29/27 *(b)* | 200000 | 207478 |
| **BHP Billiton Finance USA Ltd.** | **BHP Billiton Finance USA Ltd.** | **BHP Billiton Finance USA Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 09/08/26  | 100000 | 101086 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/28/28 *(b)* | 175000 | 177228 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 09/08/28 *(b)* | 150000 | 153271 |
| **Cabot Corp.** | **Cabot Corp.** | **Cabot Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/01/29 *(b)* | 75000 | 72580 |
| **Celulosa Arauco y Constitucion SA** | **Celulosa Arauco y Constitucion SA** | **Celulosa Arauco y Constitucion SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 11/02/27 *(b)* | 200000 | 194398 |
| **Dow Chemical Co.** | **Dow Chemical Co.** | **Dow Chemical Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 11/30/28 *(b)* | 100000 | 100756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.38%, 11/01/29  | 54000 | 59456 |
| **DuPont de Nemours, Inc.** | **DuPont de Nemours, Inc.** | **DuPont de Nemours, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.73%, 11/15/28 *(b)* | 350000 | 354385 |
| **Eastman Chemical Co.** | **Eastman Chemical Co.** | **Eastman Chemical Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/29 *(b)* | 50000 | 50262 |
| **Ecolab, Inc.** | **Ecolab, Inc.** | **Ecolab, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 11/01/26 *(b)* | 200000 | 195728 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 12/01/27 *(b)* | 150000 | 146625 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/24/30 *(b)* | 100000 | 101641 |
| **FMC Corp.** | **FMC Corp.** | **FMC Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 10/01/26 *(b)* | 150000 | 146674 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 10/01/29 *(b)* | 75000 | 69117 |
| **Freeport-McMoRan, Inc.** | **Freeport-McMoRan, Inc.** | **Freeport-McMoRan, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/27 *(b)* | 100000 | 100102 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/01/28 *(b)* | 100000 | 98386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 09/01/29 *(b)* | 100000 | 100957 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/01/30 *(b)* | 100000 | 96974 |
| **Georgia-Pacific LLC** | **Georgia-Pacific LLC** | **Georgia-Pacific LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%, 11/15/29  | 75000 | 84673 |
| **Huntsman International LLC** | **Huntsman International LLC** | **Huntsman International LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/01/29 *(b)* | 100000 | 93684 |
| **International Flavors & Fragrances, Inc.** | **International Flavors & Fragrances, Inc.** | **International Flavors & Fragrances, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 09/26/28 *(b)* | 75000 | 74343 |
| **Kinross Gold Corp.** | **Kinross Gold Corp.** | **Kinross Gold Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/15/27 *(b)* | 100000 | 99882 |
| **Mosaic Co.** | **Mosaic Co.** | **Mosaic Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 11/15/27 *(b)* | 150000 | 148122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 11/15/28 *(b)* | 50000 | 50922 |
| **Newmont Corp.** | **Newmont Corp.** | **Newmont Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 10/01/29 *(b)* | 75000 | 70466 |
| **Nucor Corp.** | **Nucor Corp.** | **Nucor Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 05/23/27 *(b)* | 100000 | 100052 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 05/01/28 *(b)* | 100000 | 99245 |
| **Nutrien Ltd.** | **Nutrien Ltd.** | **Nutrien Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/12/27  | 100000 | 99967 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/27/28 *(b)* | 125000 | 126325 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 04/01/29 *(b)* | 175000 | 172312 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 05/13/30 *(b)* | 100000 | 91872 |
| **Packaging Corp. of America** | **Packaging Corp. of America** | **Packaging Corp. of America** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 12/15/29 *(b)* | 150000 | 140130 |
| **PPG Industries, Inc.** | **PPG Industries, Inc.** | **PPG Industries, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 08/15/29 *(b)* | 50000 | 46665 |
| **Rio Tinto Finance USA Ltd.** | **Rio Tinto Finance USA Ltd.** | **Rio Tinto Finance USA Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%, 07/15/28  | 150000 | 161878 |

---

**91**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Rio Tinto Finance USA PLC** | **Rio Tinto Finance USA PLC** | **Rio Tinto Finance USA PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/12/27  | 100000 | 100274 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/14/28 *(b)* | 100000 | 100413 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/14/30 *(b)* | 200000 | 202336 |
| **RPM International, Inc.** | **RPM International, Inc.** | **RPM International, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 03/15/27 *(b)* | 100000 | 98518 |
| **Sherwin-Williams Co.** | **Sherwin-Williams Co.** | **Sherwin-Williams Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 06/01/27 *(b)* | 300000 | 294609 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 03/01/28 *(b)* | 50000 | 50236 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 08/15/29 *(b)* | 50000 | 46810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 05/15/30 *(b)* | 100000 | 89280 |
| **Smurfit Kappa Treasury ULC** | **Smurfit Kappa Treasury ULC** | **Smurfit Kappa Treasury ULC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 01/15/30 *(b)* | 400000 | 404780 |
| **Steel Dynamics, Inc.** | **Steel Dynamics, Inc.** | **Steel Dynamics, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 10/15/27 *(b)* | 100000 | 93440 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 04/15/30 *(b)* | 75000 | 70556 |
| **Suzano Austria GmbH** | **Suzano Austria GmbH** | **Suzano Austria GmbH** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 01/15/29 *(b)* | 200000 | 204076 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/15/30 *(b)* | 200000 | 195740 |
| **Suzano International Finance BV** | **Suzano International Finance BV** | **Suzano International Finance BV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/17/27  | 200000 | 201698 |
| **Westlake Corp.** | **Westlake Corp.** | **Westlake Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 08/15/26 *(b)* | 150000 | 147822 |
| **WestRock MWV LLC** | **WestRock MWV LLC** | **WestRock MWV LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.20%, 01/15/30  | 100000 | 113772 |
| **Weyerhaeuser Co.** | **Weyerhaeuser Co.** | **Weyerhaeuser Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/15/29 *(b)* | 100000 | 97486 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/15/30 *(b)* | 100000 | 96785 |
| **WRKCo, Inc.** | **WRKCo, Inc.** | **WRKCo, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/15/28 *(b)* | 100000 | 98241 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 06/01/28 *(b)* | 100000 | 98006 |
|  |  | **7241873** |
| ***Capital Goods 1.4%***  | ***Capital Goods 1.4%***  | ***Capital Goods 1.4%***  |
| **3M Co.** | **3M Co.** | **3M Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 09/19/26 *(b)* | 100000 | 97259 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 10/15/27 *(b)* | 200000 | 193048 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 03/01/29 *(b)* | 100000 | 96146 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 08/26/29 *(b)* | 125000 | 115065 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/15/30 *(b)* | 100000 | 100801 |
| **AGCO Corp.** | **AGCO Corp.** | **AGCO Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/21/27 *(b)* | 75000 | 75700 |
| **Allegion U.S. Holding Co., Inc.** | **Allegion U.S. Holding Co., Inc.** | **Allegion U.S. Holding Co., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 10/01/27 *(b)* | 100000 | 97562 |
| **Amcor Finance USA, Inc.** | **Amcor Finance USA, Inc.** | **Amcor Finance USA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/15/28 *(b)* | 100000 | 99443 |
| **Amcor Flexibles North America, Inc.** | **Amcor Flexibles North America, Inc.** | **Amcor Flexibles North America, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/17/28 *(d)* | 100000 | 100301 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 03/17/30 *(b)(d)* | 100000 | 100723 |
| **Amcor Group Finance PLC** | **Amcor Group Finance PLC** | **Amcor Group Finance PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 05/23/29 *(b)* | 75000 | 76482 |
| **Amphenol Corp.** | **Amphenol Corp.** | **Amphenol Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 04/05/29 *(b)* | 75000 | 76708 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 06/01/29 *(b)* | 75000 | 74905 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 02/15/30 *(b)* | 100000 | 93024 |
| **Avery Dennison Corp.** | **Avery Dennison Corp.** | **Avery Dennison Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 12/06/28 *(b)* | 75000 | 75733 |
| **Berry Global, Inc.** | **Berry Global, Inc.** | **Berry Global, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 01/15/27 *(b)* | 100000 | 95301 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 04/15/28 *(b)* | 100000 | 101849 |
| **Boeing Co.** | **Boeing Co.** | **Boeing Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 06/15/26 *(b)* | 75000 | 73132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 02/01/27 *(b)* | 200000 | 193746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.26%, 05/01/27 *(b)* | 150000 | 154332 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 02/01/28 *(b)* | 150000 | 144781 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/01/28 *(b)* | 100000 | 96261 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 03/01/29 *(b)* | 150000 | 142109 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.30%, 05/01/29 *(b)* | 350000 | 368294 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 05/01/30 *(b)* | 600000 | 605640 |
| **Carlisle Cos., Inc.** | **Carlisle Cos., Inc.** | **Carlisle Cos., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 12/01/27 *(b)* | 100000 | 97995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 03/01/30 *(b)* | 100000 | 91818 |
| **Carrier Global Corp.** | **Carrier Global Corp.** | **Carrier Global Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.49%, 02/15/27 *(b)* | 125000 | 121154 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.72%, 02/15/30 *(b)* | 200000 | 184210 |
| **Caterpillar Financial Services Corp.** | **Caterpillar Financial Services Corp.** | **Caterpillar Financial Services Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.15%, 09/14/26  | 150000 | 144224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 10/16/26  | 100000 | 100321 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/14/27  | 200000 | 202898 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 08/12/27  | 200000 | 197406 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.10%, 09/14/27  | 200000 | 186512 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 10/15/27  | 50000 | 50172 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 02/27/29  | 150000 | 152679 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 08/16/29  | 50000 | 50036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 11/15/29  | 150000 | 152007 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 01/08/30  | 100000 | 101919 |
| **Caterpillar, Inc.** | **Caterpillar, Inc.** | **Caterpillar, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 04/09/30 *(b)* | 100000 | 92459 |
| **CNH Industrial Capital LLC** | **CNH Industrial Capital LLC** | **CNH Industrial Capital LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 07/15/26 *(b)* | 150000 | 144680 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/21/28 *(b)* | 100000 | 100234 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 04/20/29 *(b)* | 100000 | 101305 |
| **CNH Industrial NV** | **CNH Industrial NV** | **CNH Industrial NV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 11/15/27 *(b)* | 100000 | 98902 |
| **CRH SMW Finance DAC** | **CRH SMW Finance DAC** | **CRH SMW Finance DAC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 05/21/29 *(b)* | 200000 | 203704 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 01/09/30 *(b)* | 200000 | 203298 |
| **Deere & Co.** | **Deere & Co.** | **Deere & Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 10/16/29  | 75000 | 78365 |
| **Dover Corp.** | **Dover Corp.** | **Dover Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 11/04/29 *(b)* | 75000 | 69791 |
| **Eaton Corp.** | **Eaton Corp.** | **Eaton Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 09/15/27 *(b)* | 100000 | 97738 |
| **Emerson Electric Co.** | **Emerson Electric Co.** | **Emerson Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 10/15/26 *(b)* | 200000 | 190950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 10/15/27 *(b)* | 100000 | 94768 |
| **Fortive Corp.** | **Fortive Corp.** | **Fortive Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 06/15/26 *(b)* | 175000 | 172434 |
| **Fortune Brands Innovations, Inc.** | **Fortune Brands Innovations, Inc.** | **Fortune Brands Innovations, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 09/15/29 *(b)* | 100000 | 93982 |
| **General Dynamics Corp.** | **General Dynamics Corp.** | **General Dynamics Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 08/15/26 *(b)* | 100000 | 97618 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/01/27 *(b)* | 100000 | 98966 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 11/15/27 *(b)* | 150000 | 144721 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 05/15/28 *(b)* | 100000 | 99143 |
| **HEICO Corp.** | **HEICO Corp.** | **HEICO Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 08/01/28 *(b)* | 100000 | 102214 |
| **Hexcel Corp.** | **Hexcel Corp.** | **Hexcel Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 02/15/27 *(b)* | 150000 | 148318 |
| **Holcim Finance U.S. LLC** | **Holcim Finance U.S. LLC** | **Holcim Finance U.S. LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 04/07/30 *(b)(d)* | 150000 | 151026 |
| **Honeywell International, Inc.** | **Honeywell International, Inc.** | **Honeywell International, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 11/01/26 *(b)* | 200000 | 194880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.10%, 03/01/27 *(b)* | 100000 | 94638 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 07/30/27 *(b)* | 100000 | 100553 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 01/15/29 *(b)* | 100000 | 99616 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 08/15/29 *(b)* | 50000 | 46719 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 09/01/29 *(b)* | 100000 | 101844 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 02/01/30 *(b)* | 150000 | 151287 |

---

**92**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Howmet Aerospace, Inc.** | **Howmet Aerospace, Inc.** | **Howmet Aerospace, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 02/01/27  | 100000 | 102322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 01/15/28  | 50000 | 52757 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 01/15/29 *(b)* | 100000 | 95176 |
| **Huntington Ingalls Industries, Inc.** | **Huntington Ingalls Industries, Inc.** | **Huntington Ingalls Industries, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.48%, 12/01/27 *(b)* | 150000 | 146088 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.04%, 08/16/28 *(b)* | 100000 | 92229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 01/15/30 *(b)* | 100000 | 101661 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 05/01/30 *(b)* | 100000 | 96559 |
| **IDEX Corp.** | **IDEX Corp.** | **IDEX Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 09/01/29 *(b)* | 100000 | 100733 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/01/30 *(b)* | 100000 | 92120 |
| **Illinois Tool Works, Inc.** | **Illinois Tool Works, Inc.** | **Illinois Tool Works, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 11/15/26 *(b)* | 200000 | 196024 |
| **Ingersoll Rand, Inc.** | **Ingersoll Rand, Inc.** | **Ingersoll Rand, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 08/14/28 *(b)* | 100000 | 102735 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.18%, 06/15/29 *(b)* | 200000 | 203990 |
| **John Deere Capital Corp.** | **John Deere Capital Corp.** | **John Deere Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.05%, 06/17/26  | 150000 | 145053 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 09/14/26  | 100000 | 97417 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 10/13/26  | 150000 | 144063 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/08/27  | 100000 | 100567 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 01/11/27  | 100000 | 96065 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 03/09/27  | 100000 | 95774 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 07/15/27  | 100000 | 100032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 09/15/27  | 200000 | 199714 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 01/07/28  | 100000 | 101329 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 01/20/28  | 200000 | 202778 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/03/28  | 125000 | 127448 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 03/06/28  | 175000 | 162823 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 07/14/28  | 250000 | 255280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/16/29  | 200000 | 201424 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 03/07/29  | 150000 | 145447 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 06/11/29  | 150000 | 152956 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 01/09/30  | 100000 | 92087 |
| **Johnson Controls International PLC/Tyco Fire & Security Finance SCA** | **Johnson Controls International PLC/Tyco Fire & Security Finance SCA** | **Johnson Controls International PLC/Tyco Fire & Security Finance SCA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 04/19/29 *(b)* | 100000 | 103205 |
| **Kennametal, Inc.** | **Kennametal, Inc.** | **Kennametal, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 06/15/28 *(b)* | 75000 | 74602 |
| **L3Harris Technologies, Inc.** | **L3Harris Technologies, Inc.** | **L3Harris Technologies, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 01/15/27  | 200000 | 202868 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 06/15/28 *(b)* | 200000 | 199116 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 06/01/29 *(b)* | 100000 | 101573 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 12/15/29 *(b)* | 100000 | 92624 |
| **Leggett & Platt, Inc.** | **Leggett & Platt, Inc.** | **Leggett & Platt, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 03/15/29 *(b)* | 100000 | 95965 |
| **Lennox International, Inc.** | **Lennox International, Inc.** | **Lennox International, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 09/15/28 *(b)* | 100000 | 102659 |
| **Lockheed Martin Corp.** | **Lockheed Martin Corp.** | **Lockheed Martin Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 11/15/27 *(b)* | 150000 | 153577 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/15/29 *(b)* | 100000 | 100566 |
| **Martin Marietta Materials, Inc.** | **Martin Marietta Materials, Inc.** | **Martin Marietta Materials, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 12/15/27 *(b)* | 100000 | 97634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 03/15/30 *(b)* | 100000 | 91070 |
| **Masco Corp.** | **Masco Corp.** | **Masco Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 02/15/28 *(b)* | 100000 | 92147 |
| **Mohawk Industries, Inc.** | **Mohawk Industries, Inc.** | **Mohawk Industries, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 09/18/28 *(b)* | 100000 | 103277 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 05/15/30 *(b)* | 100000 | 94298 |
| **Nordson Corp.** | **Nordson Corp.** | **Nordson Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 09/15/28 *(b)* | 75000 | 76952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 12/15/29 *(b)* | 75000 | 74178 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Northrop Grumman Corp.** | **Northrop Grumman Corp.** | **Northrop Grumman Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 02/01/27 *(b)* | 100000 | 98115 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 01/15/28 *(b)* | 250000 | 243232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 02/01/29 *(b)* | 75000 | 75551 |
| **nVent Finance SARL** | **nVent Finance SARL** | **nVent Finance SARL** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 04/15/28 *(b)* | 100000 | 99737 |
| **Oshkosh Corp.** | **Oshkosh Corp.** | **Oshkosh Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 05/15/28 *(b)* | 100000 | 99624 |
| **Otis Worldwide Corp.** | **Otis Worldwide Corp.** | **Otis Worldwide Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 08/16/28 *(b)* | 150000 | 153855 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.57%, 02/15/30 *(b)* | 200000 | 182644 |
| **Owens Corning** | **Owens Corning** | **Owens Corning** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 08/15/26 *(b)* | 150000 | 147834 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 08/15/29 *(b)* | 50000 | 48485 |
| **Parker-Hannifin Corp.** | **Parker-Hannifin Corp.** | **Parker-Hannifin Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/01/27 *(b)* | 150000 | 147526 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 09/15/27 *(b)* | 200000 | 199736 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/14/29 *(b)* | 150000 | 143657 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 09/15/29 *(b)* | 100000 | 100459 |
| **Pentair Finance SARL** | **Pentair Finance SARL** | **Pentair Finance SARL** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/01/29 *(b)* | 75000 | 73952 |
| **Regal Rexnord Corp.** | **Regal Rexnord Corp.** | **Regal Rexnord Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 04/15/28 *(b)* | 200000 | 205364 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.30%, 02/15/30 *(b)* | 150000 | 155571 |
| **Republic Services, Inc.** | **Republic Services, Inc.** | **Republic Services, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 11/15/27 *(b)* | 150000 | 146907 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 05/15/28 *(b)* | 100000 | 99105 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 04/01/29 *(b)* | 100000 | 101732 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 03/01/30 *(b)* | 100000 | 90612 |
| **Rockwell Automation, Inc.** | **Rockwell Automation, Inc.** | **Rockwell Automation, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/01/29 *(b)* | 75000 | 72801 |
| **RTX Corp.** | **RTX Corp.** | **RTX Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 11/01/26 *(b)* | 100000 | 97620 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 11/08/26 *(b)* | 100000 | 101749 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/15/27 *(b)* | 150000 | 147667 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 05/04/27 *(b)* | 150000 | 146575 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 11/16/28 *(b)* | 450000 | 445545 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 01/15/29 *(b)* | 75000 | 78222 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 09/15/29  | 100000 | 110953 |
| **Snap-on, Inc.** | **Snap-on, Inc.** | **Snap-on, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/01/27 *(b)* | 100000 | 98126 |
| **Sonoco Products Co.** | **Sonoco Products Co.** | **Sonoco Products Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 09/01/29 *(b)* | 100000 | 98810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 05/01/30 *(b)* | 100000 | 91940 |
| **Stanley Black & Decker, Inc.** | **Stanley Black & Decker, Inc.** | **Stanley Black & Decker, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 03/06/28 *(b)* | 200000 | 207352 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 03/15/30 *(b)* | 100000 | 88191 |
| **Teledyne Technologies, Inc.** | **Teledyne Technologies, Inc.** | **Teledyne Technologies, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 04/01/28 *(b)* | 150000 | 141564 |
| **Textron, Inc.** | **Textron, Inc.** | **Textron, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 03/15/27 *(b)* | 100000 | 98474 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 09/17/29 *(b)* | 50000 | 48129 |
| **Timken Co.** | **Timken Co.** | **Timken Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 12/15/28 *(b)* | 75000 | 74507 |
| **Trane Technologies Financing Ltd.** | **Trane Technologies Financing Ltd.** | **Trane Technologies Financing Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 03/21/29 *(b)* | 100000 | 98269 |
| **Veralto Corp.** | **Veralto Corp.** | **Veralto Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 09/18/26 *(b)* | 100000 | 101128 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 09/18/28 *(b)* | 150000 | 154048 |
| **Vontier Corp.** | **Vontier Corp.** | **Vontier Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 04/01/28 *(b)* | 100000 | 93863 |
| **Vulcan Materials Co.** | **Vulcan Materials Co.** | **Vulcan Materials Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 12/01/29 *(b)* | 100000 | 101334 |

---

**93**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Waste Connections, Inc.** | **Waste Connections, Inc.** | **Waste Connections, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/01/28 *(b)* | 75000 | 74894 |
| **Waste Management, Inc.** | **Waste Management, Inc.** | **Waste Management, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 01/15/29 *(b)(d)* | 350000 | 342860 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 06/01/29 *(b)* | 200000 | 183268 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 03/15/30 *(b)* | 100000 | 100688 |
| **Westinghouse Air Brake Technologies Corp.** | **Westinghouse Air Brake Technologies Corp.** | **Westinghouse Air Brake Technologies Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 11/15/26 *(b)* | 100000 | 98331 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 09/15/28 *(b)(f)* | 200000 | 200594 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 05/29/30 *(b)* | 100000 | 100586 |
| **Xylem, Inc.** | **Xylem, Inc.** | **Xylem, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 11/01/26 *(b)* | 100000 | 98328 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 01/30/28 *(b)* | 100000 | 94119 |
|  |  | **20919044** |
| ***Communications 1.3%***  | ***Communications 1.3%***  | ***Communications 1.3%***  |
| **America Movil SAB de CV** | **America Movil SAB de CV** | **America Movil SAB de CV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 04/22/29 *(b)* | 200000 | 192788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 05/07/30 *(b)* | 200000 | 182880 |
| **American Tower Corp.** | **American Tower Corp.** | **American Tower Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 09/15/26 *(b)* | 150000 | 144204 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 10/15/26 *(b)* | 150000 | 147759 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 01/15/27 *(b)* | 200000 | 194298 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 01/15/27 *(b)* | 100000 | 97598 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 03/15/27 *(b)* | 100000 | 98444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 01/15/28 *(b)* | 100000 | 97744 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/15/28 *(b)* | 100000 | 102010 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 11/15/28 *(b)* | 100000 | 103878 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 02/15/29 *(b)* | 100000 | 101876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 03/15/29 *(b)* | 100000 | 97429 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 08/15/29 *(b)* | 200000 | 193056 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 01/15/30 *(b)* | 100000 | 92366 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/31/30 *(b)* | 100000 | 101174 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/15/30 *(b)* | 100000 | 100584 |
| **AppLovin Corp.** | **AppLovin Corp.** | **AppLovin Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 12/01/29 *(b)* | 125000 | 125979 |
| **AT&T, Inc.** | **AT&T, Inc.** | **AT&T, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/01/27 *(b)* | 200000 | 199450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 06/01/27 *(b)* | 400000 | 383964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 02/01/28 *(b)* | 300000 | 279312 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 02/15/28 *(b)* | 250000 | 248297 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 03/01/29 *(b)* | 475000 | 472872 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 02/15/30 *(b)* | 400000 | 396000 |
| **Charter Communications Operating LLC/Charter Communications Operating** <br> **Capital** | **Charter Communications Operating LLC/Charter Communications Operating** <br> **Capital** | **Charter Communications Operating LLC/Charter Communications Operating** <br> **Capital** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 02/15/28 *(b)* | 150000 | 146393 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/15/28 *(b)* | 175000 | 172952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 01/15/29 *(b)* | 200000 | 182866 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/30/29 *(b)* | 225000 | 225979 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 06/01/29 *(b)* | 200000 | 208252 |
| **Comcast Corp.** | **Comcast Corp.** | **Comcast Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.35%, 01/15/27 *(b)* | 200000 | 193842 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 02/01/27 *(b)* | 200000 | 196722 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 04/01/27 *(b)* | 150000 | 147306 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 11/15/27 *(b)* | 150000 | 153666 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 02/15/28 *(b)* | 150000 | 145586 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 05/01/28 *(b)* | 150000 | 146961 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 10/15/28 *(b)* | 600000 | 596496 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 01/15/29 *(b)* | 100000 | 100682 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 06/01/29 *(b)* | 100000 | 102627 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 02/01/30 *(b)* | 200000 | 184402 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 04/01/30 *(b)* | 200000 | 190048 |
| **Crown Castle, Inc.** | **Crown Castle, Inc.** | **Crown Castle, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 06/15/26 *(b)* | 200000 | 197868 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.05%, 07/15/26 *(b)* | 50000 | 47963 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 03/15/27 *(b)* | 150000 | 145511 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 09/01/27 *(b)* | 150000 | 146577 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/11/28 *(b)* | 150000 | 150955 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 02/15/28 *(b)* | 100000 | 97709 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 09/01/28 *(b)* | 100000 | 100009 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 06/01/29 *(b)* | 100000 | 102765 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 09/01/29 *(b)* | 200000 | 200464 |
| **Discovery Communications LLC** | **Discovery Communications LLC** | **Discovery Communications LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 03/20/28 *(b)* | 200000 | 190984 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 05/15/29 *(b)* | 100000 | 93043 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 05/15/30 *(b)* | 100000 | 88465 |
| **Fox Corp.** | **Fox Corp.** | **Fox Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.71%, 01/25/29 *(b)* | 300000 | 300810 |
| **Interpublic Group of Cos., Inc.** | **Interpublic Group of Cos., Inc.** | **Interpublic Group of Cos., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 10/01/28 *(b)* | 100000 | 100137 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/30/30 *(b)* | 100000 | 100420 |
| **Meta Platforms, Inc.** | **Meta Platforms, Inc.** | **Meta Platforms, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 08/15/27 *(b)* | 225000 | 222208 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 05/15/28 *(b)* | 275000 | 279535 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 08/15/29 *(b)* | 100000 | 100434 |
| **Netflix, Inc.** | **Netflix, Inc.** | **Netflix, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 11/15/26  | 175000 | 175336 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 04/15/28  | 250000 | 254087 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 11/15/28  | 300000 | 314802 |
| **Paramount Global** | **Paramount Global** | **Paramount Global** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 01/15/27 *(b)* | 200000 | 194090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 06/01/28 *(b)* | 100000 | 96692 |
| **Rogers Communications, Inc.** | **Rogers Communications, Inc.** | **Rogers Communications, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 03/15/27 *(b)* | 200000 | 195614 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/15/29 *(b)* | 200000 | 201562 |
| **Sprint Capital Corp.** | **Sprint Capital Corp.** | **Sprint Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 11/15/28  | 400000 | 428024 |
| **Take-Two Interactive Software, Inc.** | **Take-Two Interactive Software, Inc.** | **Take-Two Interactive Software, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 04/14/27 *(b)* | 200000 | 196866 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 03/28/28 *(b)* | 100000 | 101079 |
| **Telefonica Emisiones SA** | **Telefonica Emisiones SA** | **Telefonica Emisiones SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 03/08/27  | 250000 | 248290 |
| **TELUS Corp.** | **TELUS Corp.** | **TELUS Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 02/16/27 *(b)* | 100000 | 97071 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 09/15/27 *(b)* | 100000 | 98102 |
| **T-Mobile USA, Inc.** | **T-Mobile USA, Inc.** | **T-Mobile USA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/15/27 *(b)* | 500000 | 493640 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 02/15/28 *(b)* | 250000 | 235015 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 03/15/28 *(b)* | 150000 | 152241 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 07/15/28 *(b)* | 150000 | 151599 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 01/15/29 *(b)* | 150000 | 151501 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 02/15/29 *(b)* | 150000 | 139763 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 03/15/29 *(b)* | 75000 | 69319 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 04/15/29 *(b)* | 300000 | 286359 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 10/01/29 *(b)* | 100000 | 98557 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 04/15/30 *(b)* | 850000 | 820224 |
| **TWDC Enterprises 18 Corp.** | **TWDC Enterprises 18 Corp.** | **TWDC Enterprises 18 Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.85%, 07/30/26  | 150000 | 146027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 06/15/27  | 150000 | 146763 |
| **Verizon Communications, Inc.** | **Verizon Communications, Inc.** | **Verizon Communications, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/16/27  | 300000 | 298866 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 03/22/27 *(b)* | 150000 | 146401 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 03/22/28 *(b)* | 350000 | 329346 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.33%, 09/21/28  | 500000 | 499210 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 02/08/29 *(b)* | 100000 | 98070 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.02%, 12/03/29 *(b)* | 525000 | 514080 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 03/22/30 *(b)* | 200000 | 187676 |
| **Vodafone Group PLC** | **Vodafone Group PLC** | **Vodafone Group PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%, 02/15/30  | 100000 | 114332 |

---

**94**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Walt Disney Co.** | **Walt Disney Co.** | **Walt Disney Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 01/13/28  | 100000 | 95593 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 09/01/29 *(b)* | 300000 | 273723 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 03/22/30  | 200000 | 195630 |
| **Warnermedia Holdings, Inc.** | **Warnermedia Holdings, Inc.** | **Warnermedia Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.76%, 03/15/27 *(b)* | 600000 | 581850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 03/15/29 *(b)* | 225000 | 209698 |
|  |  | **18951697** |
| ***Consumer Cyclical 2.1%***  | ***Consumer Cyclical 2.1%***  | ***Consumer Cyclical 2.1%***  |
| **Alibaba Group Holding Ltd.** | **Alibaba Group Holding Ltd.** | **Alibaba Group Holding Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 12/06/27 *(b)* | 400000 | 390788 |
| **Amazon.com, Inc.** | **Amazon.com, Inc.** | **Amazon.com, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 04/13/27 *(b)* | 350000 | 345327 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.20%, 06/03/27 *(b)* | 100000 | 94523 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 08/22/27 *(b)* | 525000 | 514516 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 12/01/27 *(b)* | 300000 | 303324 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 05/12/28 *(b)* | 350000 | 327327 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 12/01/29 *(b)* | 200000 | 203814 |
| **American Honda Finance Corp.** | **American Honda Finance Corp.** | **American Honda Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/07/26  | 200000 | 201518 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.35%, 01/08/27  | 150000 | 144969 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/12/27  | 98000 | 98627 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 10/22/27  | 100000 | 99789 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 01/12/28  | 100000 | 100465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 03/03/28  | 100000 | 100085 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 03/24/28  | 100000 | 93400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 07/07/28  | 150000 | 152470 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 11/15/28  | 150000 | 155023 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 01/12/29  | 100000 | 92080 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/13/29  | 125000 | 126073 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 09/05/29  | 100000 | 98966 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/05/30  | 100000 | 100205 |
| **Aptiv Swiss Holdings Ltd.** | **Aptiv Swiss Holdings Ltd.** | **Aptiv Swiss Holdings Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 03/15/29 *(b)* | 100000 | 97810 |
| **AutoNation, Inc.** | **AutoNation, Inc.** | **AutoNation, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 08/01/28 *(b)* | 50000 | 45986 |
| **AutoZone, Inc.** | **AutoZone, Inc.** | **AutoZone, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 06/01/27 *(b)* | 200000 | 197552 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/01/28 *(b)* | 100000 | 100305 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 11/01/28 *(b)* | 100000 | 105661 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 07/15/29 *(b)* | 100000 | 101933 |
| **Best Buy Co., Inc.** | **Best Buy Co., Inc.** | **Best Buy Co., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 10/01/28 *(b)* | 75000 | 74990 |
| **Block Financial LLC** | **Block Financial LLC** | **Block Financial LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 07/15/28 *(b)* | 75000 | 69918 |
| **Booking Holdings, Inc.** | **Booking Holdings, Inc.** | **Booking Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 04/13/30 *(b)* | 200000 | 201108 |
| **BorgWarner, Inc.** | **BorgWarner, Inc.** | **BorgWarner, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 07/01/27 *(b)* | 200000 | 192170 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 08/15/29 *(b)* | 50000 | 50245 |
| **Choice Hotels International, Inc.** | **Choice Hotels International, Inc.** | **Choice Hotels International, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 12/01/29 *(b)* | 50000 | 46796 |
| **Costco Wholesale Corp.** | **Costco Wholesale Corp.** | **Costco Wholesale Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/18/27 *(b)* | 100000 | 98118 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 06/20/27 *(b)* | 250000 | 237100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.60%, 04/20/30 *(b)* | 200000 | 176780 |
| **Cummins, Inc.** | **Cummins, Inc.** | **Cummins, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/20/29 *(b)* | 100000 | 102084 |
| **Darden Restaurants, Inc.** | **Darden Restaurants, Inc.** | **Darden Restaurants, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 05/01/27 *(b)* | 150000 | 148078 |
| **Dollar General Corp.** | **Dollar General Corp.** | **Dollar General Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 04/15/27 *(b)* | 100000 | 98637 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 11/01/27 *(b)* | 100000 | 100037 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 05/01/28 *(b)* | 100000 | 98667 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/03/30 *(b)* | 150000 | 140469 |
| **Dollar Tree, Inc.** | **Dollar Tree, Inc.** | **Dollar Tree, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 05/15/28 *(b)* | 200000 | 196782 |
| **DR Horton, Inc.** | **DR Horton, Inc.** | **DR Horton, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 10/15/26 *(b)* | 200000 | 191646 |
| **eBay, Inc.** | **eBay, Inc.** | **eBay, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 06/05/27 *(b)* | 150000 | 147786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 03/11/30 *(b)* | 100000 | 91876 |
| **Expedia Group, Inc.** | **Expedia Group, Inc.** | **Expedia Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 08/01/27 *(b)* | 150000 | 150087 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 02/15/28 *(b)* | 150000 | 146897 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 02/15/30 *(b)* | 100000 | 93290 |
| **Ford Motor Co.** | **Ford Motor Co.** | **Ford Motor Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 12/08/26 *(b)* | 250000 | 246617 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.63%, 04/22/30 *(b)* | 200000 | 227144 |
| **Ford Motor Credit Co. LLC** | **Ford Motor Credit Co. LLC** | **Ford Motor Credit Co. LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.54%, 08/01/26 *(b)* | 200000 | 197226 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.27%, 01/09/27 *(b)* | 200000 | 195654 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 03/05/27 *(b)* | 200000 | 199844 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 05/17/27 *(b)* | 200000 | 199772 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 05/28/27 *(b)* | 250000 | 246232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 08/17/27 *(b)* | 200000 | 192998 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.35%, 11/04/27 *(b)* | 250000 | 257372 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.92%, 03/20/28 *(b)* | 200000 | 200330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.80%, 05/12/28 *(b)* | 250000 | 255387 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.80%, 11/07/28 *(b)* | 200000 | 204386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 02/10/29 *(b)* | 200000 | 179222 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 03/08/29 *(b)* | 200000 | 197426 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.11%, 05/03/29 *(b)* | 200000 | 192424 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 11/07/29 *(b)* | 200000 | 197620 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.35%, 03/06/30 *(b)* | 200000 | 208460 |
| **General Motors Co.** | **General Motors Co.** | **General Motors Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.80%, 10/01/27 *(b)* | 200000 | 207428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 04/15/28 *(b)* | 100000 | 100888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/28 *(b)* | 100000 | 100128 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 10/15/29 *(b)* | 100000 | 100785 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 04/15/30 *(b)* | 100000 | 100895 |
| **General Motors Financial Co., Inc.** | **General Motors Financial Co., Inc.** | **General Motors Financial Co., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 06/10/26 *(b)* | 200000 | 193276 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 10/06/26 *(b)* | 200000 | 197760 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 01/17/27 *(b)* | 150000 | 148680 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.35%, 02/26/27 *(b)* | 250000 | 239275 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/09/27 *(b)* | 200000 | 200320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 08/20/27 *(b)* | 200000 | 190490 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 01/09/28 *(b)* | 150000 | 153787 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 04/10/28 *(b)* | 200000 | 186592 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 06/23/28 *(b)* | 200000 | 204306 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 10/15/28 *(b)* | 200000 | 184152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 01/07/29 *(b)* | 250000 | 255522 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 04/06/29 *(b)* | 150000 | 145436 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 07/15/29 *(b)* | 250000 | 252737 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 10/06/29 *(b)* | 150000 | 147894 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 01/07/30 *(b)* | 200000 | 200290 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 04/06/30 *(b)* | 150000 | 153345 |
| **Genuine Parts Co.** | **Genuine Parts Co.** | **Genuine Parts Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 11/01/28 *(b)* | 75000 | 79322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 08/15/29 *(b)* | 100000 | 100953 |
| **GLP Capital LP/GLP Financing II, Inc.** | **GLP Capital LP/GLP Financing II, Inc.** | **GLP Capital LP/GLP Financing II, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 06/01/28 *(b)* | 50000 | 50962 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 01/15/29 *(b)* | 250000 | 250990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/15/30 *(b)* | 100000 | 94570 |
| **Home Depot, Inc.** | **Home Depot, Inc.** | **Home Depot, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 06/25/26  | 200000 | 201850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 09/15/26 *(b)* | 150000 | 146229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 04/15/27 *(b)* | 200000 | 194144 |

---

**95**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 06/25/27 *(b)* | 150000 | 152128 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 09/14/27 *(b)* | 200000 | 194216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.90%, 03/15/28 *(b)* | 100000 | 91582 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 09/15/28 *(b)* | 150000 | 137855 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 12/06/28 *(b)* | 150000 | 148777 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 06/15/29 *(b)* | 350000 | 332748 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 06/25/29 *(b)* | 200000 | 203140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 04/15/30 *(b)* | 150000 | 138809 |
| **Honda Motor Co. Ltd.** | **Honda Motor Co. Ltd.** | **Honda Motor Co. Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.53%, 03/10/27 *(b)* | 250000 | 241772 |
| **Hyatt Hotels Corp.** | **Hyatt Hotels Corp.** | **Hyatt Hotels Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/30/28 *(b)* | 100000 | 100505 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 09/15/28 *(b)* | 100000 | 98734 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 04/23/30 *(b)(g)* | 75000 | 76423 |
| **JD.com, Inc.** | **JD.com, Inc.** | **JD.com, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 01/14/30 *(a)(b)* | 200000 | 189964 |
| **Jones Lang LaSalle, Inc.** | **Jones Lang LaSalle, Inc.** | **Jones Lang LaSalle, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 12/01/28 *(b)* | 75000 | 80039 |
| **Las Vegas Sands Corp.** | **Las Vegas Sands Corp.** | **Las Vegas Sands Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 08/18/26 *(b)* | 200000 | 195892 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 06/01/27 *(b)* | 100000 | 101334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 08/08/29 *(b)* | 50000 | 46975 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 08/15/29 *(b)* | 50000 | 50796 |
| **Lear Corp.** | **Lear Corp.** | **Lear Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 09/15/27 *(b)* | 150000 | 146849 |
| **Lennar Corp.** | **Lennar Corp.** | **Lennar Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/27 *(b)* | 100000 | 100535 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 11/29/27 *(b)* | 150000 | 150589 |
| **LKQ Corp.** | **LKQ Corp.** | **LKQ Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 06/15/28 *(b)* | 100000 | 102590 |
| **Lowe's Cos., Inc.** | **Lowe's Cos., Inc.** | **Lowe's Cos., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 04/01/27 *(b)* | 100000 | 98287 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 05/03/27 *(b)* | 300000 | 293319 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 04/15/28 *(b)* | 200000 | 183988 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 09/15/28 *(b)* | 150000 | 137738 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 03/15/29  | 100000 | 106988 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 04/05/29 *(b)* | 200000 | 194090 |
| **Magna International, Inc.** | **Magna International, Inc.** | **Magna International, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/14/29 *(b)* | 75000 | 75938 |
| **Marriott International, Inc.** | **Marriott International, Inc.** | **Marriott International, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 06/15/26 *(b)* | 100000 | 98506 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 09/15/26 *(b)* | 75000 | 75786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/15/27 *(b)* | 150000 | 151974 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/15/28 *(b)* | 100000 | 98610 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 10/15/28 *(b)* | 100000 | 103148 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 05/15/29 *(b)* | 150000 | 151242 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/15/30 *(b)* | 100000 | 100263 |
| **McDonald's Corp.** | **McDonald's Corp.** | **McDonald's Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/01/27 *(b)* | 200000 | 197386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 04/01/28 *(b)* | 200000 | 197560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 08/14/28 *(b)* | 200000 | 203080 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 09/01/29 *(b)* | 100000 | 93342 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 03/01/30 *(b)* | 100000 | 89876 |
| **MDC Holdings, Inc.** | **MDC Holdings, Inc.** | **MDC Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 01/15/30 *(b)* | 75000 | 71188 |
| **NIKE, Inc.** | **NIKE, Inc.** | **NIKE, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 11/01/26 *(b)* | 100000 | 97541 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 03/27/27 *(b)* | 150000 | 146187 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 03/27/30 *(b)* | 200000 | 186918 |
| **NVR, Inc.** | **NVR, Inc.** | **NVR, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/15/30 *(b)* | 100000 | 92266 |
| **O'Reilly Automotive, Inc.** | **O'Reilly Automotive, Inc.** | **O'Reilly Automotive, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 09/01/27 *(b)* | 100000 | 98175 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 06/01/28 *(b)* | 100000 | 99827 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 06/01/29 *(b)* | 75000 | 73147 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 04/01/30 *(b)* | 75000 | 73639 |
| **PACCAR Financial Corp.** | **PACCAR Financial Corp.** | **PACCAR Financial Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 02/04/27  | 200000 | 192764 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 08/06/27  | 50000 | 50343 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 01/10/28  | 100000 | 101083 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 08/10/28  | 100000 | 102084 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 01/31/29  | 150000 | 151443 |
| **Royal Caribbean Cruises Ltd.** | **Royal Caribbean Cruises Ltd.** | **Royal Caribbean Cruises Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/15/28 *(b)* | 100000 | 96556 |
| **Sands China Ltd.** | **Sands China Ltd.** | **Sands China Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 03/08/27 *(b)(g)* | 200000 | 190532 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 08/08/28 *(b)(g)* | 300000 | 299484 |
| **Starbucks Corp.** | **Starbucks Corp.** | **Starbucks Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 06/15/26 *(b)* | 150000 | 146901 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 03/12/27 *(b)* | 100000 | 95783 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/01/28 *(b)* | 100000 | 97639 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/15/28 *(b)* | 150000 | 147879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 08/15/29 *(b)* | 50000 | 48205 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 03/12/30 *(b)* | 100000 | 89626 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 05/15/30 *(b)* | 100000 | 100356 |
| **Tapestry, Inc.** | **Tapestry, Inc.** | **Tapestry, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 07/15/27 *(b)* | 75000 | 74187 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 03/11/30 *(b)* | 100000 | 100073 |
| **Target Corp.** | **Target Corp.** | **Target Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 04/15/29 *(b)* | 200000 | 193622 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.35%, 02/15/30 *(b)* | 250000 | 228775 |
| **TJX Cos., Inc.** | **TJX Cos., Inc.** | **TJX Cos., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 09/15/26 *(b)* | 175000 | 170788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.15%, 05/15/28 *(b)* | 100000 | 91846 |
| **Toll Brothers Finance Corp.** | **Toll Brothers Finance Corp.** | **Toll Brothers Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/15/27 *(b)* | 100000 | 100067 |
| **Toyota Motor Corp.** | **Toyota Motor Corp.** | **Toyota Motor Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.67%, 07/20/28  | 150000 | 147786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.76%, 07/02/29  | 100000 | 94059 |
| **Toyota Motor Credit Corp.** | **Toyota Motor Credit Corp.** | **Toyota Motor Credit Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 06/18/26  | 200000 | 193424 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 08/07/26  | 50000 | 50118 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/14/26  | 200000 | 201512 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 01/08/27  | 100000 | 100563 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 01/11/27  | 200000 | 196600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 01/13/27  | 50000 | 48117 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/19/27  | 150000 | 151884 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 03/22/27  | 300000 | 293427 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 09/20/27  | 200000 | 200970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 10/08/27  | 100000 | 100039 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 11/10/27  | 150000 | 153960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 01/11/28  | 100000 | 96927 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 01/12/28  | 200000 | 201590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 09/11/28  | 200000 | 205508 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 01/05/29  | 150000 | 151119 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 01/08/29  | 100000 | 97390 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 05/16/29  | 150000 | 153274 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 06/29/29  | 150000 | 150144 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 08/09/29  | 100000 | 100277 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 01/09/30  | 100000 | 101600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 05/15/30  | 100000 | 100687 |
| **Uber Technologies, Inc.** | **Uber Technologies, Inc.** | **Uber Technologies, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 01/15/30 *(b)* | 200000 | 197358 |
| **UL Solutions, Inc.** | **UL Solutions, Inc.** | **UL Solutions, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 10/20/28 *(b)(d)* | 75000 | 78393 |
| **VICI Properties LP** | **VICI Properties LP** | **VICI Properties LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/15/28 *(b)* | 200000 | 200288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 02/15/30 *(b)* | 150000 | 149061 |

---

**96**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Walmart, Inc.** | **Walmart, Inc.** | **Walmart, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 07/08/26 *(b)* | 100000 | 98849 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.05%, 09/17/26 *(b)* | 100000 | 96251 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 09/09/27 *(b)* | 200000 | 199542 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 04/15/28 *(b)* | 250000 | 249470 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 06/26/28 *(b)* | 250000 | 247662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 09/22/28 *(b)* | 200000 | 184386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 09/24/29 *(b)* | 100000 | 93268 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 04/28/30 *(b)* | 200000 | 200816 |
|  |  | **30455833** |
| ***Consumer Non-Cyclical 3.2%***  | ***Consumer Non-Cyclical 3.2%***  | ***Consumer Non-Cyclical 3.2%***  |
| **Abbott Laboratories** | **Abbott Laboratories** | **Abbott Laboratories** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 11/30/26 *(b)* | 150000 | 149376 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.15%, 01/30/28 *(b)* | 150000 | 139683 |
| **AbbVie, Inc.** | **AbbVie, Inc.** | **AbbVie, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 11/21/26 *(b)* | 600000 | 588324 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/15/27 *(b)* | 300000 | 302862 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 03/15/28 *(b)* | 200000 | 202118 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 11/14/28 *(b)* | 100000 | 100001 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/15/29 *(b)* | 400000 | 405956 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 11/21/29 *(b)* | 725000 | 688061 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/15/30 *(b)* | 100000 | 101693 |
| **Advocate Health & Hospitals Corp.** | **Advocate Health & Hospitals Corp.** | **Advocate Health & Hospitals Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.83%, 08/15/28 *(b)* | 75000 | 73607 |
| **Agilent Technologies, Inc.** | **Agilent Technologies, Inc.** | **Agilent Technologies, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 09/09/27 *(b)* | 100000 | 99482 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 09/15/29 *(b)* | 100000 | 92839 |
| **Ahold Finance USA LLC** | **Ahold Finance USA LLC** | **Ahold Finance USA LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 05/01/29  | 100000 | 108382 |
| **Altria Group, Inc.** | **Altria Group, Inc.** | **Altria Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 09/16/26 *(b)* | 100000 | 97741 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 11/01/28 *(b)* | 100000 | 105099 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 02/14/29 *(b)* | 300000 | 301215 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 05/06/30 *(b)* | 100000 | 93889 |
| **Amgen, Inc.** | **Amgen, Inc.** | **Amgen, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 08/19/26 *(b)* | 200000 | 195896 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 02/21/27 *(b)* | 200000 | 192716 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 11/02/27 *(b)* | 200000 | 194448 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 03/02/28 *(b)* | 400000 | 407384 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 08/15/28 *(b)* | 150000 | 137670 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 02/22/29 *(b)* | 100000 | 94860 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 08/18/29 *(b)* | 100000 | 97989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 02/21/30 *(b)* | 200000 | 181450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/02/30 *(b)* | 400000 | 410376 |
| **Anheuser-Busch InBev Worldwide, Inc.** | **Anheuser-Busch InBev Worldwide, Inc.** | **Anheuser-Busch InBev Worldwide, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 01/23/29 *(b)* | 600000 | 608514 |
| **Archer-Daniels-Midland Co.** | **Archer-Daniels-Midland Co.** | **Archer-Daniels-Midland Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 08/11/26 *(b)* | 150000 | 146870 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/27/30 *(b)* | 100000 | 94701 |
| **Ascension Health** | **Ascension Health** | **Ascension Health** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.53%, 11/15/29 *(b)* | 100000 | 92298 |
| **Astrazeneca Finance LLC** | **Astrazeneca Finance LLC** | **Astrazeneca Finance LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 02/26/27 *(b)* | 100000 | 101071 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/03/28 *(b)* | 200000 | 203788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 05/28/28 *(b)* | 200000 | 186584 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 02/26/29 *(b)* | 200000 | 203446 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/03/30 *(b)* | 100000 | 102023 |
| **AstraZeneca PLC** | **AstraZeneca PLC** | **AstraZeneca PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 06/12/27 *(b)* | 100000 | 98102 |
| **BAT Capital Corp.** | **BAT Capital Corp.** | **BAT Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.22%, 09/06/26 *(b)* | 200000 | 196686 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.56%, 08/15/27 *(b)* | 300000 | 293514 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.26%, 03/25/28 *(b)* | 150000 | 141093 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.46%, 09/06/29 *(b)* | 100000 | 95142 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.91%, 04/02/30 *(b)* | 150000 | 150864 |
| **BAT International Finance PLC** | **BAT International Finance PLC** | **BAT International Finance PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 03/16/28 *(b)* | 200000 | 199428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.93%, 02/02/29 *(b)* | 100000 | 104485 |
| **Baxter International, Inc.** | **Baxter International, Inc.** | **Baxter International, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 08/15/26 *(b)* | 100000 | 97699 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.92%, 02/01/27 *(b)* | 300000 | 286971 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.27%, 12/01/28 *(b)* | 150000 | 138498 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 04/01/30 *(b)* | 75000 | 72587 |
| **Becton Dickinson & Co.** | **Becton Dickinson & Co.** | **Becton Dickinson & Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 06/06/27 *(b)* | 250000 | 246255 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.69%, 02/13/28 *(b)* | 150000 | 150663 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.87%, 02/08/29 *(b)* | 100000 | 100695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.82%, 05/20/30 *(b)* | 100000 | 91399 |
| **Biogen, Inc.** | **Biogen, Inc.** | **Biogen, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 05/01/30 *(b)* | 200000 | 177488 |
| **Bristol-Myers Squibb Co.** | **Bristol-Myers Squibb Co.** | **Bristol-Myers Squibb Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/22/27 *(b)* | 150000 | 151783 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 11/13/27 *(b)* | 175000 | 162865 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 11/15/27 *(b)* | 100000 | 98465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 02/20/28 *(b)* | 200000 | 198624 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/22/29 *(b)* | 250000 | 254802 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 07/26/29 *(b)* | 350000 | 336952 |
| **Brunswick Corp.** | **Brunswick Corp.** | **Brunswick Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 03/18/29 *(b)* | 125000 | 127121 |
| **Bunge Ltd. Finance Corp.** | **Bunge Ltd. Finance Corp.** | **Bunge Ltd. Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 08/15/26 *(b)* | 150000 | 147746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/25/27 *(b)* | 75000 | 73853 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 01/07/28 *(b)* | 100000 | 99295 |
| **Campbell's Co.** | **Campbell's Co.** | **Campbell's Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 03/19/27  | 100000 | 101206 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 03/15/28 *(b)* | 150000 | 148816 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 03/21/29 *(b)* | 100000 | 101799 |
| **Cardinal Health, Inc.** | **Cardinal Health, Inc.** | **Cardinal Health, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.41%, 06/15/27 *(b)* | 175000 | 171603 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 02/15/29 *(b)* | 100000 | 101908 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/29 *(b)* | 100000 | 101201 |
| **Cencora, Inc.** | **Cencora, Inc.** | **Cencora, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 12/15/27 *(b)* | 150000 | 146382 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 12/15/29 *(b)* | 100000 | 100881 |
| **Church & Dwight Co., Inc.** | **Church & Dwight Co., Inc.** | **Church & Dwight Co., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 08/01/27 *(b)* | 75000 | 73148 |
| **Cigna Group** | **Cigna Group** | **Cigna Group** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 03/01/27 *(b)* | 250000 | 245592 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 10/15/28 *(b)* | 500000 | 497375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/29 *(b)* | 150000 | 152331 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 03/15/30 *(b)* | 200000 | 180354 |
| **Clorox Co.** | **Clorox Co.** | **Clorox Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 10/01/27 *(b)* | 75000 | 72897 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 05/15/28 *(b)* | 100000 | 99036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 05/15/30 *(b)* | 300000 | 262041 |
| **Coca-Cola Co.** | **Coca-Cola Co.** | **Coca-Cola Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 03/25/27  | 250000 | 247425 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 06/01/27  | 300000 | 285633 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 03/05/28  | 100000 | 93492 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 03/15/28  | 100000 | 92403 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 09/06/29  | 100000 | 92272 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 03/25/30  | 200000 | 193392 |
| **Coca-Cola Femsa SAB de CV** | **Coca-Cola Femsa SAB de CV** | **Coca-Cola Femsa SAB de CV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 01/22/30 *(b)* | 150000 | 138822 |
| **Colgate-Palmolive Co.** | **Colgate-Palmolive Co.** | **Colgate-Palmolive Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 08/15/27 *(b)* | 150000 | 147194 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 03/01/28 *(b)* | 100000 | 101648 |

---

**97**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **CommonSpirit Health** | **CommonSpirit Health** | **CommonSpirit Health** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 10/01/29 *(b)* | 200000 | 189192 |
| **Conagra Brands, Inc.** | **Conagra Brands, Inc.** | **Conagra Brands, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 11/01/27 *(b)* | 150000 | 138876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 10/01/28  | 100000 | 106604 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 11/01/28 *(b)* | 200000 | 200900 |
| **Conopco, Inc.** | **Conopco, Inc.** | **Conopco, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 12/15/26  | 50000 | 52185 |
| **Constellation Brands, Inc.** | **Constellation Brands, Inc.** | **Constellation Brands, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 12/06/26 *(b)* | 75000 | 74158 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 05/09/27 *(b)* | 100000 | 98039 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 05/09/27 *(b)* | 200000 | 199456 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 11/15/28 *(b)* | 75000 | 75094 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 01/15/29 *(b)* | 75000 | 75398 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 08/01/29 *(b)* | 50000 | 47125 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 05/01/30 *(b)* | 250000 | 229092 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 05/01/30 *(b)* | 100000 | 99964 |
| **CVS Health Corp.** | **CVS Health Corp.** | **CVS Health Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 06/01/26 *(b)* | 300000 | 294726 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 08/15/26 *(b)* | 150000 | 147134 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 04/01/27 *(b)* | 50000 | 49168 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 08/21/27 *(b)* | 200000 | 186010 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 03/25/28 *(b)* | 700000 | 692321 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/30/29 *(b)* | 200000 | 201426 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 06/01/29 *(b)* | 200000 | 204048 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 08/15/29 *(b)* | 150000 | 141014 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 02/21/30 *(b)* | 200000 | 201250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/01/30 *(b)* | 175000 | 165734 |
| **DH Europe Finance II SARL** | **DH Europe Finance II SARL** | **DH Europe Finance II SARL** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 11/15/29 *(b)* | 100000 | 92650 |
| **Diageo Capital PLC** | **Diageo Capital PLC** | **Diageo Capital PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 10/24/27 *(b)* | 200000 | 204290 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 10/24/29 *(b)* | 200000 | 184168 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 04/29/30 *(b)* | 200000 | 178182 |
| **Edwards Lifesciences Corp.** | **Edwards Lifesciences Corp.** | **Edwards Lifesciences Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 06/15/28 *(b)* | 100000 | 99565 |
| **Eli Lilly & Co.** | **Eli Lilly & Co.** | **Eli Lilly & Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/09/27 *(b)* | 150000 | 150901 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/15/27  | 75000 | 76775 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 05/15/27 *(b)* | 100000 | 98159 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 08/14/27 *(b)* | 100000 | 100229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/09/29 *(b)* | 300000 | 302541 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 08/14/29 *(b)* | 150000 | 149793 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/12/30 *(b)* | 200000 | 203306 |
| **Estee Lauder Cos., Inc.** | **Estee Lauder Cos., Inc.** | **Estee Lauder Cos., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 05/15/28 *(b)* | 125000 | 125173 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 12/01/29 *(b)* | 100000 | 91451 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 04/15/30 *(b)* | 75000 | 68510 |
| **Flowers Foods, Inc.** | **Flowers Foods, Inc.** | **Flowers Foods, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 10/01/26 *(b)* | 100000 | 98280 |
| **GE HealthCare Technologies, Inc.** | **GE HealthCare Technologies, Inc.** | **GE HealthCare Technologies, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 11/15/27 *(b)* | 250000 | 256572 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 08/14/29 *(b)* | 200000 | 201172 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.86%, 03/15/30 *(b)* | 100000 | 104754 |
| **General Mills, Inc.** | **General Mills, Inc.** | **General Mills, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 02/10/27 *(b)* | 150000 | 147231 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 04/17/28 *(b)* | 200000 | 199072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 10/17/28 *(b)* | 100000 | 103158 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 01/30/30 *(b)* | 100000 | 100937 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 04/15/30 *(b)* | 100000 | 92096 |
| **Gilead Sciences, Inc.** | **Gilead Sciences, Inc.** | **Gilead Sciences, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 03/01/27 *(b)* | 300000 | 294321 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 11/15/29 *(b)* | 100000 | 101407 |
| **GlaxoSmithKline Capital PLC** | **GlaxoSmithKline Capital PLC** | **GlaxoSmithKline Capital PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.32%, 03/12/27  | 100000 | 100292 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **GlaxoSmithKline Capital, Inc.** | **GlaxoSmithKline Capital, Inc.** | **GlaxoSmithKline Capital, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 05/15/28  | 300000 | 297537 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/15/30 *(b)* | 150000 | 150006 |
| **Haleon U.S. Capital LLC** | **Haleon U.S. Capital LLC** | **Haleon U.S. Capital LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 03/24/29 *(b)* | 250000 | 240140 |
| **Hasbro, Inc.** | **Hasbro, Inc.** | **Hasbro, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 11/19/26 *(b)* | 125000 | 122876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 09/15/27 *(b)* | 100000 | 97282 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 11/19/29 *(b)* | 100000 | 95429 |
| **HCA, Inc.** | **HCA, Inc.** | **HCA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/15/26 *(b)* | 200000 | 200222 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 09/01/26 *(b)* | 200000 | 200922 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/15/27 *(b)* | 250000 | 249317 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 03/15/27 *(b)* | 150000 | 146277 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 06/01/28 *(b)* | 150000 | 152173 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 09/01/28 *(b)* | 200000 | 204590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 02/01/29 *(b)* | 150000 | 154887 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 03/15/29 *(b)* | 100000 | 95157 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 06/15/29 *(b)* | 250000 | 243565 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/01/30 *(b)* | 100000 | 101556 |
| **Hershey Co.** | **Hershey Co.** | **Hershey Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 08/15/26 *(b)* | 150000 | 146700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/24/30 *(b)* | 75000 | 76016 |
| **Hormel Foods Corp.** | **Hormel Foods Corp.** | **Hormel Foods Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 06/03/28 *(b)* | 100000 | 92799 |
| **Icon Investments Six DAC** | **Icon Investments Six DAC** | **Icon Investments Six DAC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 05/08/29 *(b)* | 200000 | 205054 |
| **Illumina, Inc.** | **Illumina, Inc.** | **Illumina, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 09/09/26  | 100000 | 99922 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 12/13/27 *(b)* | 100000 | 102100 |
| **Ingredion, Inc.** | **Ingredion, Inc.** | **Ingredion, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 10/01/26 *(b)* | 75000 | 73649 |
| **IQVIA, Inc.** | **IQVIA, Inc.** | **IQVIA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 05/15/28 *(b)* | 200000 | 203508 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 02/01/29 *(b)* | 150000 | 155706 |
| **J.M. Smucker Co.** | **J.M. Smucker Co.** | **J.M. Smucker Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 12/15/27 *(b)* | 100000 | 97962 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 11/15/28 *(b)* | 100000 | 104814 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 03/15/30 *(b)* | 100000 | 90132 |
| **JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL** | **JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL** | **JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 02/01/28 *(b)* | 200000 | 202224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 02/02/29 *(b)* | 200000 | 188394 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/15/30 *(b)* | 64000 | 64785 |
| **Johnson & Johnson** | **Johnson & Johnson** | **Johnson & Johnson** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 03/03/27 *(b)* | 100000 | 98259 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.95%, 09/01/27 *(b)* | 200000 | 187042 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 01/15/28 *(b)* | 275000 | 267644 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 06/01/29 *(b)* | 150000 | 153523 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 09/01/29  | 100000 | 110902 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 03/01/30 *(b)* | 100000 | 101750 |
| **Kaiser Foundation Hospitals** | **Kaiser Foundation Hospitals** | **Kaiser Foundation Hospitals** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 05/01/27 *(b)* | 150000 | 146370 |
| **Kellanova** | **Kellanova** | **Kellanova** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 05/15/28 *(b)* | 100000 | 100158 |
| **Kenvue, Inc.** | **Kenvue, Inc.** | **Kenvue, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/22/28 *(b)* | 75000 | 76893 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/22/30 *(b)* | 100000 | 102538 |
| **Keurig Dr. Pepper, Inc.** | **Keurig Dr. Pepper, Inc.** | **Keurig Dr. Pepper, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 03/15/27 *(b)* | 125000 | 126220 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.43%, 06/15/27 *(b)* | 150000 | 146984 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 05/25/28 *(b)* | 100000 | 100419 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/15/29 *(b)* | 125000 | 126946 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 04/15/29 *(b)* | 150000 | 146666 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 05/01/30 *(b)* | 100000 | 93392 |

---

**98**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Kimberly-Clark Corp.** | **Kimberly-Clark Corp.** | **Kimberly-Clark Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 04/25/29 *(b)* | 100000 | 96413 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 03/26/30 *(b)* | 100000 | 94629 |
| **Kraft Heinz Foods Co.** | **Kraft Heinz Foods Co.** | **Kraft Heinz Foods Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 06/01/26 *(b)* | 300000 | 295434 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 05/15/27 *(b)* | 250000 | 247155 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/01/30 *(b)* | 100000 | 95772 |
| **Kroger Co.** | **Kroger Co.** | **Kroger Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 10/15/26 *(b)* | 100000 | 97632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/15/29 *(b)* | 150000 | 150547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 05/01/30 *(b)* | 100000 | 89278 |
| **Laboratory Corp. of America Holdings** | **Laboratory Corp. of America Holdings** | **Laboratory Corp. of America Holdings** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.55%, 06/01/26 *(b)* | 150000 | 145707 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 12/01/29 *(b)* | 100000 | 93065 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 04/01/30 *(b)* | 75000 | 73661 |
| **McCormick & Co., Inc.** | **McCormick & Co., Inc.** | **McCormick & Co., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 04/15/30 *(b)* | 75000 | 67755 |
| **McKesson Corp.** | **McKesson Corp.** | **McKesson Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 07/15/28 *(b)* | 100000 | 101642 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 09/15/29 *(b)* | 100000 | 99267 |
| **Medtronic Global Holdings SCA** | **Medtronic Global Holdings SCA** | **Medtronic Global Holdings SCA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/30/28 *(b)* | 150000 | 150241 |
| **Merck & Co., Inc.** | **Merck & Co., Inc.** | **Merck & Co., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 06/10/27 *(b)* | 150000 | 143136 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 05/17/28 *(b)* | 150000 | 150010 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 12/10/28 *(b)* | 150000 | 138720 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 03/07/29 *(b)* | 250000 | 242327 |
| **Molson Coors Beverage Co.** | **Molson Coors Beverage Co.** | **Molson Coors Beverage Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 07/15/26 *(b)* | 350000 | 344183 |
| **Mondelez International, Inc.** | **Mondelez International, Inc.** | **Mondelez International, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 03/17/27 *(b)* | 150000 | 145596 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 05/07/28 *(b)* | 100000 | 99611 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 04/13/30 *(b)* | 100000 | 91829 |
| **Mylan, Inc.** | **Mylan, Inc.** | **Mylan, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 04/15/28 *(b)* | 150000 | 146690 |
| **Novartis Capital Corp.** | **Novartis Capital Corp.** | **Novartis Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 02/14/27 *(b)* | 200000 | 193482 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 05/17/27 *(b)* | 200000 | 196558 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 09/18/29 *(b)* | 100000 | 98393 |
| **Pepsico Singapore Financing I Pte. Ltd.** | **Pepsico Singapore Financing I Pte. Ltd.** | **Pepsico Singapore Financing I Pte. Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 02/16/27 *(b)* | 100000 | 100788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 02/16/29 *(b)* | 325000 | 327785 |
| **PepsiCo, Inc.** | **PepsiCo, Inc.** | **PepsiCo, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 10/06/26 *(b)* | 200000 | 195356 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 03/19/27 *(b)* | 100000 | 97460 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 10/15/27 *(b)* | 300000 | 292284 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 02/18/28 *(b)* | 100000 | 98816 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 05/15/28 *(b)* | 100000 | 101117 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 03/01/29  | 100000 | 109493 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 07/29/29 *(b)* | 150000 | 140799 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 03/19/30 *(b)* | 200000 | 186372 |
| **Pfizer Investment Enterprises Pte. Ltd.** | **Pfizer Investment Enterprises Pte. Ltd.** | **Pfizer Investment Enterprises Pte. Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 05/19/28 *(b)* | 700000 | 703920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 05/19/30 *(b)* | 400000 | 402736 |
| **Pfizer, Inc.** | **Pfizer, Inc.** | **Pfizer, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 06/03/26  | 200000 | 196948 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 12/15/26  | 300000 | 295317 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 09/15/28 *(b)* | 100000 | 98445 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 04/01/30 *(b)* | 150000 | 138294 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 05/28/30 *(b)* | 100000 | 87695 |
| **Pharmacia LLC** | **Pharmacia LLC** | **Pharmacia LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.60%, 12/01/28  | 150000 | 160542 |
| **Philip Morris International, Inc.** | **Philip Morris International, Inc.** | **Philip Morris International, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/12/27  | 100000 | 100769 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 11/17/27 *(b)* | 300000 | 305379 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 02/15/28 *(b)* | 300000 | 304200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 03/02/28 *(b)* | 75000 | 72852 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 09/07/28 *(b)* | 100000 | 102607 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 02/13/29 *(b)* | 150000 | 151912 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 08/15/29 *(b)* | 50000 | 47950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 11/01/29 *(b)* | 125000 | 125474 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 11/17/29 *(b)* | 200000 | 208822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 02/15/30 *(b)* | 300000 | 306555 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 05/01/30 *(b)* | 150000 | 133506 |
| **Polaris, Inc.** | **Polaris, Inc.** | **Polaris, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 03/15/29 *(b)* | 100000 | 103827 |
| **Procter & Gamble Co.** | **Procter & Gamble Co.** | **Procter & Gamble Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 11/03/26  | 100000 | 97887 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 02/01/27  | 250000 | 241645 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 03/25/27  | 150000 | 146795 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 01/26/28  | 150000 | 150471 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 03/25/30  | 200000 | 189808 |
| **Providence St. Joseph Health Obligated Group** | **Providence St. Joseph Health Obligated Group** | **Providence St. Joseph Health Obligated Group** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 10/01/26 *(b)* | 50000 | 48707 |
| **Quest Diagnostics, Inc.** | **Quest Diagnostics, Inc.** | **Quest Diagnostics, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 06/01/26 *(b)* | 100000 | 98972 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 12/15/27 *(b)* | 50000 | 50253 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 06/30/29 *(b)* | 100000 | 98828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 12/15/29 *(b)* | 100000 | 100187 |
| **Revvity, Inc.** | **Revvity, Inc.** | **Revvity, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 09/15/28 *(b)* | 75000 | 68768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 09/15/29 *(b)* | 100000 | 94048 |
| **Royalty Pharma PLC** | **Royalty Pharma PLC** | **Royalty Pharma PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 09/02/27 *(b)* | 150000 | 141192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 09/02/29 *(b)* | 100000 | 101164 |
| **Sanofi SA** | **Sanofi SA** | **Sanofi SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 06/19/28 *(b)* | 100000 | 98504 |
| **Shire Acquisitions Investments Ireland DAC** | **Shire Acquisitions Investments Ireland DAC** | **Shire Acquisitions Investments Ireland DAC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 09/23/26 *(b)* | 250000 | 246160 |
| **Solventum Corp.** | **Solventum Corp.** | **Solventum Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 02/25/27 *(b)* | 100000 | 101273 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 03/01/29 *(b)* | 250000 | 255202 |
| **SSM Health Care Corp.** | **SSM Health Care Corp.** | **SSM Health Care Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.89%, 06/01/28 *(b)* | 100000 | 101044 |
| **Stryker Corp.** | **Stryker Corp.** | **Stryker Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 12/08/28 *(b)* | 100000 | 101449 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 09/11/29 *(b)* | 100000 | 99258 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 02/10/30 *(b)* | 200000 | 202184 |
| **Sysco Corp.** | **Sysco Corp.** | **Sysco Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 07/15/26 *(b)* | 150000 | 148040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 07/15/27 *(b)* | 100000 | 97596 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 01/17/29 *(b)* | 75000 | 78000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 04/01/30 *(b)* | 150000 | 157860 |
| **Takeda Pharmaceutical Co. Ltd.** | **Takeda Pharmaceutical Co. Ltd.** | **Takeda Pharmaceutical Co. Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/26/28 *(b)* | 200000 | 202702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 03/31/30 *(b)* | 400000 | 354572 |
| **Thermo Fisher Scientific, Inc.** | **Thermo Fisher Scientific, Inc.** | **Thermo Fisher Scientific, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/05/26 *(b)* | 150000 | 151410 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 10/15/28 *(b)* | 100000 | 92030 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/31/29 *(a)(b)* | 300000 | 306885 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 10/01/29 *(b)* | 100000 | 93022 |
| **Tyson Foods, Inc.** | **Tyson Foods, Inc.** | **Tyson Foods, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 06/02/27 *(b)* | 200000 | 196446 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 03/01/29 *(b)* | 150000 | 148384 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 03/15/29 *(b)* | 100000 | 102687 |
| **Unilever Capital Corp.** | **Unilever Capital Corp.** | **Unilever Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 07/28/26  | 150000 | 146406 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 05/05/27 *(b)* | 200000 | 195612 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/22/28 *(b)* | 150000 | 147521 |

---

**99**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 09/08/28 *(b)* | 100000 | 102255 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 09/06/29 *(b)* | 100000 | 91622 |
| **Universal Health Services, Inc.** | **Universal Health Services, Inc.** | **Universal Health Services, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 09/01/26 *(b)* | 150000 | 144179 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 10/15/29 *(b)* | 75000 | 73520 |
| **Utah Acquisition Sub, Inc.** | **Utah Acquisition Sub, Inc.** | **Utah Acquisition Sub, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 06/15/26 *(b)* | 150000 | 148067 |
| **Viatris, Inc.** | **Viatris, Inc.** | **Viatris, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 06/22/27 *(b)* | 125000 | 118503 |
| **Zimmer Biomet Holdings, Inc.** | **Zimmer Biomet Holdings, Inc.** | **Zimmer Biomet Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 02/19/30 *(b)* | 75000 | 76170 |
| **Zoetis, Inc.** | **Zoetis, Inc.** | **Zoetis, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 09/12/27 *(b)* | 150000 | 145850 |
|  |  | **46019535** |
| ***Energy 1.4%***  | ***Energy 1.4%***  | ***Energy 1.4%***  |
| **APA Corp.** | **APA Corp.** | **APA Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 01/15/30 *(b)(d)* | 75000 | 70277 |
| **Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc.** | **Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc.** | **Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.06%, 12/15/26 *(b)* | 150000 | 144831 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.34%, 12/15/27 *(b)* | 200000 | 195668 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.14%, 11/07/29 *(b)* | 75000 | 70715 |
| **Boardwalk Pipelines LP** | **Boardwalk Pipelines LP** | **Boardwalk Pipelines LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 07/15/27 *(b)* | 150000 | 149562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 05/03/29 *(b)* | 150000 | 150576 |
| **BP Capital Markets America, Inc.** | **BP Capital Markets America, Inc.** | **BP Capital Markets America, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.02%, 01/16/27 *(b)* | 200000 | 196004 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.59%, 04/14/27 *(b)* | 100000 | 98762 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.02%, 11/17/27 *(b)* | 150000 | 152362 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.94%, 09/21/28 *(b)* | 100000 | 98558 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.23%, 11/06/28 *(b)* | 400000 | 398004 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 04/10/29 *(b)* | 150000 | 151509 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.97%, 10/17/29 *(b)* | 100000 | 102008 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 04/06/30 *(b)* | 200000 | 192268 |
| **BP Capital Markets PLC** | **BP Capital Markets PLC** | **BP Capital Markets PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.28%, 09/19/27 *(b)* | 200000 | 195512 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.72%, 11/28/28 *(b)* | 100000 | 97788 |
| **Canadian Natural Resources Ltd.** | **Canadian Natural Resources Ltd.** | **Canadian Natural Resources Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 06/01/27 *(b)* | 200000 | 197210 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/15/29 *(b)(d)* | 100000 | 99768 |
| **Cenovus Energy, Inc.** | **Cenovus Energy, Inc.** | **Cenovus Energy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 04/15/27 *(b)* | 125000 | 124113 |
| **Cheniere Corpus Christi Holdings LLC** | **Cheniere Corpus Christi Holdings LLC** | **Cheniere Corpus Christi Holdings LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 06/30/27 *(b)* | 250000 | 252022 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 11/15/29 *(b)* | 150000 | 143831 |
| **Cheniere Energy Partners LP** | **Cheniere Energy Partners LP** | **Cheniere Energy Partners LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 10/01/29 *(b)* | 100000 | 98057 |
| **Cheniere Energy, Inc.** | **Cheniere Energy, Inc.** | **Cheniere Energy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 10/15/28 *(b)* | 250000 | 247687 |
| **Chevron Corp.** | **Chevron Corp.** | **Chevron Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 05/11/27 *(b)* | 200000 | 192526 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.24%, 05/11/30 *(b)* | 250000 | 226135 |
| **Chevron USA, Inc.** | **Chevron USA, Inc.** | **Chevron USA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 01/15/28 *(b)* | 100000 | 99447 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 10/15/29 *(b)* | 100000 | 95993 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.69%, 04/15/30 *(b)* | 150000 | 151963 |
| **ConocoPhillips Co.** | **ConocoPhillips Co.** | **ConocoPhillips Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 01/15/30 *(b)* | 200000 | 201076 |
| **Continental Resources, Inc.** | **Continental Resources, Inc.** | **Continental Resources, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 01/15/28 *(b)* | 175000 | 171353 |
| **Coterra Energy, Inc.** | **Coterra Energy, Inc.** | **Coterra Energy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 05/15/27 *(b)* | 125000 | 123171 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/15/29 *(b)* | 75000 | 73882 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **DCP Midstream Operating LP** | **DCP Midstream Operating LP** | **DCP Midstream Operating LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 07/15/27 *(b)* | 200000 | 203740 |
| **Devon Energy Corp.** | **Devon Energy Corp.** | **Devon Energy Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/15/30 *(b)* | 100000 | 97463 |
| **Diamondback Energy, Inc.** | **Diamondback Energy, Inc.** | **Diamondback Energy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 12/01/26 *(b)* | 150000 | 147199 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 12/01/29 *(b)* | 150000 | 142037 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 01/30/30 *(b)* | 100000 | 101263 |
| **Eastern Gas Transmission & Storage, Inc.** | **Eastern Gas Transmission & Storage, Inc.** | **Eastern Gas Transmission & Storage, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 11/15/29 *(b)* | 75000 | 70183 |
| **Enbridge, Inc.** | **Enbridge, Inc.** | **Enbridge, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.60%, 10/04/26 *(b)* | 150000 | 144273 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 11/15/26 *(b)* | 100000 | 101685 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/01/26 *(b)* | 100000 | 99571 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 04/05/29 *(b)* | 100000 | 102253 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 11/15/29 *(b)* | 150000 | 140240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.38%, 03/15/55 *(b)(c)* | 100000 | 101980 |
| **Energy Transfer LP** | **Energy Transfer LP** | **Energy Transfer LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 07/15/26 *(b)* | 100000 | 99182 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 03/15/27 *(b)* | 200000 | 199358 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 04/15/27 *(b)* | 100000 | 99346 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/01/27 *(b)* | 200000 | 202940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 02/15/28 *(b)* | 200000 | 204880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 05/15/28 *(b)* | 100000 | 100923 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 06/15/28 *(b)* | 150000 | 151053 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 12/01/28 *(b)* | 75000 | 78358 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 04/15/29 *(b)* | 200000 | 203248 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/29 *(b)* | 150000 | 152557 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 05/15/30 *(b)* | 200000 | 189342 |
| **Eni USA, Inc.** | **Eni USA, Inc.** | **Eni USA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.30%, 11/15/27  | 125000 | 132499 |
| **Enterprise Products Operating LLC** | **Enterprise Products Operating LLC** | **Enterprise Products Operating LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 02/15/27 *(b)* | 100000 | 99417 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 10/16/28 *(b)* | 150000 | 149035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 07/31/29 *(b)* | 200000 | 189906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 01/31/30 *(b)* | 200000 | 185886 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 08/16/77 *(b)(c)* | 200000 | 197320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 02/15/78 *(b)(c)* | 100000 | 97499 |
| **EQT Corp.** | **EQT Corp.** | **EQT Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 10/01/27 *(b)* | 200000 | 196682 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 04/01/28 *(b)* | 50000 | 51137 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/15/29 *(b)(d)* | 100000 | 97813 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/15/29 *(b)* | 75000 | 75097 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 04/01/29 *(b)(d)* | 100000 | 102357 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 02/01/30 *(b)(f)* | 100000 | 107177 |
| **Expand Energy Corp.** | **Expand Energy Corp.** | **Expand Energy Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 02/01/29 *(b)* | 100000 | 99953 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 03/15/30 *(b)* | 200000 | 199064 |
| **Exxon Mobil Corp.** | **Exxon Mobil Corp.** | **Exxon Mobil Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.28%, 08/16/26 *(b)* | 250000 | 244642 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.29%, 03/19/27 *(b)* | 50000 | 49420 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.44%, 08/16/29 *(b)* | 100000 | 93553 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.48%, 03/19/30 *(b)* | 400000 | 386808 |
| **Halliburton Co.** | **Halliburton Co.** | **Halliburton Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.92%, 03/01/30 *(b)* | 100000 | 91879 |
| **Helmerich & Payne, Inc.** | **Helmerich & Payne, Inc.** | **Helmerich & Payne, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 12/01/29 *(b)(d)* | 100000 | 94543 |
| **Hess Corp.** | **Hess Corp.** | **Hess Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 04/01/27 *(b)* | 175000 | 174386 |
| **HF Sinclair Corp.** | **HF Sinclair Corp.** | **HF Sinclair Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/28 *(b)* | 100000 | 99552 |
| **Kinder Morgan, Inc.** | **Kinder Morgan, Inc.** | **Kinder Morgan, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 11/15/26 *(b)* | 75000 | 72102 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 03/01/28 *(b)* | 125000 | 124653 |

---

**100**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/29 *(b)* | 100000 | 101167 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 08/01/29 *(b)* | 200000 | 202938 |
| **Marathon Petroleum Corp.** | **Marathon Petroleum Corp.** | **Marathon Petroleum Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 12/15/26 *(b)* | 100000 | 100632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 04/01/28 *(b)* | 100000 | 97988 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 03/01/30 *(b)* | 200000 | 202126 |
| **MPLX LP** | **MPLX LP** | **MPLX LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/01/27 *(b)* | 250000 | 248147 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/01/27 *(b)* | 150000 | 148911 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/15/28 *(b)* | 175000 | 172571 |
| **National Fuel Gas Co.** | **National Fuel Gas Co.** | **National Fuel Gas Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 09/01/28 *(b)* | 100000 | 99554 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/15/30 *(b)* | 100000 | 102045 |
| **NOV, Inc.** | **NOV, Inc.** | **NOV, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 12/01/29 *(b)* | 100000 | 95131 |
| **Occidental Petroleum Corp.** | **Occidental Petroleum Corp.** | **Occidental Petroleum Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.50%, 07/15/27 *(b)* | 75000 | 79299 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 09/01/28 *(b)* | 100000 | 103223 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 08/01/29 *(b)* | 175000 | 173742 |
| **ONEOK, Inc.** | **ONEOK, Inc.** | **ONEOK, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 07/15/26 *(b)* | 100000 | 100129 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/13/27 *(b)* | 100000 | 98887 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 09/24/27 *(b)* | 100000 | 99379 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 07/15/28 *(b)* | 100000 | 99685 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 11/01/28 *(b)* | 150000 | 154542 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 06/01/29 *(b)* | 100000 | 101646 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 09/01/29 *(b)* | 100000 | 94494 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 10/15/29 *(b)* | 75000 | 73887 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 03/15/30 *(b)* | 100000 | 92394 |
| **Ovintiv, Inc.** | **Ovintiv, Inc.** | **Ovintiv, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 05/15/28 *(b)* | 100000 | 102061 |
| **Patterson-UTI Energy, Inc.** | **Patterson-UTI Energy, Inc.** | **Patterson-UTI Energy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 02/01/28 *(b)* | 75000 | 71966 |
| **Phillips 66** | **Phillips 66** | **Phillips 66** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 03/15/28 *(b)* | 150000 | 147877 |
| **Phillips 66 Co.** | **Phillips 66 Co.** | **Phillips 66 Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 03/01/28 *(b)* | 50000 | 49028 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 12/15/29 *(b)* | 100000 | 93965 |
| **Plains All American Pipeline LP/PAA Finance Corp.** | **Plains All American Pipeline LP/PAA Finance Corp.** | **Plains All American Pipeline LP/PAA Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 12/15/29 *(b)* | 225000 | 212917 |
| **Sabine Pass Liquefaction LLC** | **Sabine Pass Liquefaction LLC** | **Sabine Pass Liquefaction LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 06/30/26 *(b)* | 75000 | 75491 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/15/27 *(b)* | 200000 | 200946 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/15/28 *(b)* | 125000 | 123924 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/15/30 *(b)* | 300000 | 295743 |
| **Shell Finance U.S., Inc.** | **Shell Finance U.S., Inc.** | **Shell Finance U.S., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 11/07/29 *(b)* | 150000 | 138452 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 04/06/30 *(b)* | 200000 | 185986 |
| **Shell International Finance BV** | **Shell International Finance BV** | **Shell International Finance BV** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 11/13/28 *(b)* | 200000 | 198424 |
| **South Bow USA Infrastructure Holdings LLC** | **South Bow USA Infrastructure Holdings LLC** | **South Bow USA Infrastructure Holdings LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.91%, 09/01/27 *(b)(d)* | 50000 | 50051 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.03%, 10/01/29 *(b)(d)* | 100000 | 99284 |
| **Spectra Energy Partners LP** | **Spectra Energy Partners LP** | **Spectra Energy Partners LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 10/15/26 *(b)* | 150000 | 147450 |
| **Targa Resources Corp.** | **Targa Resources Corp.** | **Targa Resources Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 07/01/27 *(b)* | 200000 | 202008 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 03/01/29 *(b)* | 150000 | 156625 |
| **Targa Resources Partners LP/Targa Resources Partners Finance Corp.** | **Targa Resources Partners LP/Targa Resources Partners Finance Corp.** | **Targa Resources Partners LP/Targa Resources Partners Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/15/28 *(b)* | 150000 | 149868 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/01/30 *(b)* | 100000 | 100869 |
| **TC PipeLines LP** | **TC PipeLines LP** | **TC PipeLines LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 05/25/27 *(b)* | 100000 | 98673 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Tennessee Gas Pipeline Co. LLC** | **Tennessee Gas Pipeline Co. LLC** | **Tennessee Gas Pipeline Co. LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 10/15/28  | 75000 | 80311 |
| **TotalEnergies Capital International SA** | **TotalEnergies Capital International SA** | **TotalEnergies Capital International SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.46%, 02/19/29 *(b)* | 150000 | 145920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.83%, 01/10/30 *(b)* | 200000 | 188050 |
| **TotalEnergies Capital SA** | **TotalEnergies Capital SA** | **TotalEnergies Capital SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 10/11/28  | 150000 | 148629 |
| **TransCanada PipeLines Ltd.** | **TransCanada PipeLines Ltd.** | **TransCanada PipeLines Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 05/15/28 *(b)* | 250000 | 248072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 04/15/30 *(b)* | 150000 | 145361 |
| **Transcontinental Gas Pipe Line Co. LLC** | **Transcontinental Gas Pipe Line Co. LLC** | **Transcontinental Gas Pipe Line Co. LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/15/28 *(b)* | 75000 | 74185 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/15/30 *(b)* | 100000 | 93285 |
| **Valero Energy Corp.** | **Valero Energy Corp.** | **Valero Energy Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 09/15/27 *(b)* | 100000 | 94707 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 06/01/28 *(b)* | 200000 | 199022 |
| **Valero Energy Partners LP** | **Valero Energy Partners LP** | **Valero Energy Partners LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/15/28 *(b)* | 100000 | 99911 |
| **Western Midstream Operating LP** | **Western Midstream Operating LP** | **Western Midstream Operating LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/01/28 *(b)* | 75000 | 73907 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 08/15/28 *(b)* | 100000 | 99358 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 01/15/29 *(b)* | 100000 | 103926 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 02/01/30 *(b)(g)* | 100000 | 95111 |
| **Williams Cos., Inc.** | **Williams Cos., Inc.** | **Williams Cos., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 06/15/27 *(b)* | 250000 | 246445 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 08/15/28 *(b)* | 150000 | 153411 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/15/29 *(b)* | 175000 | 176706 |
| **Woodside Finance Ltd.** | **Woodside Finance Ltd.** | **Woodside Finance Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 05/19/28 *(b)* | 100000 | 100010 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 05/19/30 *(b)* | 200000 | 200464 |
|  |  | **20019008** |
| ***Industrial Other 0.0%***  | ***Industrial Other 0.0%***  | ***Industrial Other 0.0%***  |
| **Cintas Corp. No. 2** | **Cintas Corp. No. 2** | **Cintas Corp. No. 2** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 04/01/27 *(b)* | 175000 | 173218 |
| **Jacobs Engineering Group, Inc.** | **Jacobs Engineering Group, Inc.** | **Jacobs Engineering Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 08/18/28 *(b)* | 125000 | 130727 |
| **MasTec, Inc.** | **MasTec, Inc.** | **MasTec, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 06/15/29 *(b)* | 75000 | 77140 |
| **Quanta Services, Inc.** | **Quanta Services, Inc.** | **Quanta Services, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 08/09/27 *(b)* | 50000 | 50211 |
|  |  | **431296** |
| ***Technology 2.4%***  | ***Technology 2.4%***  | ***Technology 2.4%***  |
| **Accenture Capital, Inc.** | **Accenture Capital, Inc.** | **Accenture Capital, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 10/04/27 *(b)* | 100000 | 99364 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 10/04/29 *(b)* | 200000 | 197532 |
| **Adobe, Inc.** | **Adobe, Inc.** | **Adobe, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 02/01/27 *(b)* | 200000 | 193702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 01/17/28 *(b)* | 100000 | 101583 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 01/17/30 *(b)* | 100000 | 102632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 02/01/30 *(b)* | 200000 | 183284 |
| **Advanced Micro Devices, Inc.** | **Advanced Micro Devices, Inc.** | **Advanced Micro Devices, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.21%, 09/24/26  | 100000 | 100089 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.32%, 03/24/28 *(b)* | 100000 | 100462 |
| **Alphabet, Inc.** | **Alphabet, Inc.** | **Alphabet, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 08/15/26 *(b)* | 250000 | 243805 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.80%, 08/15/27 *(b)* | 150000 | 139995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/15/30 *(b)* | 100000 | 99054 |
| **Analog Devices, Inc.** | **Analog Devices, Inc.** | **Analog Devices, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 06/15/27 *(b)* | 100000 | 98570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 10/01/28 *(b)* | 100000 | 91881 |

---

**101**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Apple, Inc.** | **Apple, Inc.** | **Apple, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 08/04/26 *(b)* | 400000 | 392396 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 09/11/26 *(b)* | 300000 | 292329 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 02/09/27 *(b)* | 400000 | 395404 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 05/11/27 *(b)* | 200000 | 196948 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 09/12/27 *(b)* | 350000 | 341540 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 11/13/27 *(b)* | 250000 | 244235 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.20%, 02/08/28 *(b)* | 200000 | 185598 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/10/28 *(b)* | 100000 | 100138 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.40%, 08/05/28 *(b)* | 300000 | 276393 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 08/08/29 *(b)* | 150000 | 144912 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 09/11/29 *(b)* | 300000 | 276909 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 05/11/30 *(b)* | 500000 | 442100 |
| **Applied Materials, Inc.** | **Applied Materials, Inc.** | **Applied Materials, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 04/01/27 *(b)* | 175000 | 172406 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 06/15/29 *(b)* | 150000 | 153013 |
| **Arrow Electronics, Inc.** | **Arrow Electronics, Inc.** | **Arrow Electronics, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 01/12/28 *(b)* | 100000 | 97882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 08/21/29 *(b)* | 50000 | 50539 |
| **Atlassian Corp.** | **Atlassian Corp.** | **Atlassian Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/15/29 *(b)* | 75000 | 76510 |
| **Autodesk, Inc.** | **Autodesk, Inc.** | **Autodesk, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 06/15/27 *(b)* | 100000 | 98262 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 01/15/30 *(b)* | 100000 | 92804 |
| **Automatic Data Processing, Inc.** | **Automatic Data Processing, Inc.** | **Automatic Data Processing, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 05/15/28 *(b)* | 100000 | 93583 |
| **Avnet, Inc.** | **Avnet, Inc.** | **Avnet, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 03/15/28 *(b)* | 100000 | 103317 |
| **Baidu, Inc.** | **Baidu, Inc.** | **Baidu, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/29/28 *(b)* | 200000 | 199610 |
| **Broadcom Corp./Broadcom Cayman Finance Ltd.** | **Broadcom Corp./Broadcom Cayman Finance Ltd.** | **Broadcom Corp./Broadcom Cayman Finance Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 01/15/27 *(b)* | 475000 | 471105 |
| **Broadcom, Inc.** | **Broadcom, Inc.** | **Broadcom, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 07/12/27 *(b)* | 150000 | 151980 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 02/15/28 *(b)(d)* | 100000 | 93931 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 04/15/28 *(b)* | 200000 | 202356 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.11%, 09/15/28 *(b)* | 150000 | 148865 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/15/29 *(b)(d)* | 150000 | 147332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 04/15/29 *(b)* | 250000 | 251947 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 07/12/29 *(b)* | 300000 | 305520 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 02/15/30 *(b)* | 200000 | 197698 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 04/15/30 *(b)* | 150000 | 152463 |
| **Broadridge Financial Solutions, Inc.** | **Broadridge Financial Solutions, Inc.** | **Broadridge Financial Solutions, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 06/27/26 *(b)* | 100000 | 98539 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 12/01/29 *(b)* | 100000 | 92544 |
| **Cadence Design Systems, Inc.** | **Cadence Design Systems, Inc.** | **Cadence Design Systems, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 09/10/27  | 100000 | 99648 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 09/10/29 *(b)* | 100000 | 99318 |
| **CDW LLC/CDW Finance Corp.** | **CDW LLC/CDW Finance Corp.** | **CDW LLC/CDW Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.67%, 12/01/26 *(b)* | 150000 | 145499 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 04/01/28 *(b)* | 100000 | 98486 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.28%, 12/01/28 *(b)* | 75000 | 71237 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 02/15/29 *(b)* | 100000 | 93987 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 03/01/30 *(b)* | 100000 | 99994 |
| **CGI, Inc.** | **CGI, Inc.** | **CGI, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 09/14/26 *(b)* | 150000 | 144177 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 03/14/30 *(b)(d)* | 100000 | 100081 |
| **Cisco Systems, Inc.** | **Cisco Systems, Inc.** | **Cisco Systems, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 09/20/26 *(b)* | 250000 | 244940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 02/26/27 *(b)* | 300000 | 303123 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 02/26/29 *(b)* | 375000 | 382642 |
| **Concentrix Corp.** | **Concentrix Corp.** | **Concentrix Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.65%, 08/02/26 *(b)* | 100000 | 101791 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.60%, 08/02/28 *(b)* | 175000 | 183666 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Dell International LLC/EMC Corp.** | **Dell International LLC/EMC Corp.** | **Dell International LLC/EMC Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.02%, 06/15/26 *(b)* | 286000 | 288674 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 10/01/26 *(b)* | 250000 | 250762 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 07/15/27 *(b)* | 100000 | 102891 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 02/01/28 *(b)* | 200000 | 204238 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 04/01/28 *(b)* | 150000 | 150697 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 10/01/29 *(b)* | 300000 | 306210 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/30 *(b)* | 150000 | 150820 |
| **DXC Technology Co.** | **DXC Technology Co.** | **DXC Technology Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 09/15/26 *(b)* | 150000 | 144368 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 09/15/28 *(b)* | 100000 | 91674 |
| **Equifax, Inc.** | **Equifax, Inc.** | **Equifax, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 12/15/27 *(b)* | 100000 | 101036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 06/01/28 *(b)* | 100000 | 101249 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 09/15/29 *(b)* | 100000 | 99862 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 05/15/30 *(b)* | 100000 | 92372 |
| **Equinix, Inc.** | **Equinix, Inc.** | **Equinix, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 11/18/26 *(b)* | 150000 | 146300 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.55%, 03/15/28 *(b)* | 75000 | 69512 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 05/15/28 *(b)* | 100000 | 93400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 11/18/29 *(b)* | 175000 | 164836 |
| **FactSet Research Systems, Inc.** | **FactSet Research Systems, Inc.** | **FactSet Research Systems, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 03/01/27 *(b)* | 100000 | 96995 |
| **Fidelity National Information Services, Inc.** | **Fidelity National Information Services, Inc.** | **Fidelity National Information Services, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 03/01/28 *(b)* | 100000 | 92693 |
| **Fiserv, Inc.** | **Fiserv, Inc.** | **Fiserv, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 07/01/26 *(b)* | 300000 | 295749 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 06/01/27 *(b)* | 150000 | 143591 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/02/28 *(b)* | 150000 | 153462 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 08/21/28 *(b)* | 100000 | 102395 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 10/01/28 *(b)* | 100000 | 98964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 07/01/29 *(b)* | 500000 | 477020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/15/30 *(b)* | 100000 | 99762 |
| **Flex Ltd.** | **Flex Ltd.** | **Flex Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 06/15/29 *(b)* | 150000 | 149577 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 05/12/30 *(b)* | 100000 | 99343 |
| **Genpact Luxembourg SARL/Genpact USA, Inc.** | **Genpact Luxembourg SARL/Genpact USA, Inc.** | **Genpact Luxembourg SARL/Genpact USA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 06/04/29 *(b)* | 75000 | 77435 |
| **Global Payments, Inc.** | **Global Payments, Inc.** | **Global Payments, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 01/15/27 *(b)* | 175000 | 168147 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 06/01/28 *(b)* | 100000 | 99138 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 08/15/29 *(b)* | 175000 | 163812 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 08/15/29 *(b)* | 50000 | 50468 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 05/15/30 *(b)* | 100000 | 90665 |
| **Hewlett Packard Enterprise Co.** | **Hewlett Packard Enterprise Co.** | **Hewlett Packard Enterprise Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 09/25/27 *(b)* | 100000 | 99894 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/28 *(b)* | 100000 | 101907 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 10/15/29 *(b)* | 250000 | 248007 |
| **HP, Inc.** | **HP, Inc.** | **HP, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 06/17/26 *(b)* | 150000 | 145136 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 06/17/27 *(b)* | 175000 | 169354 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 01/15/28 *(b)* | 100000 | 100318 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/15/29 *(b)* | 100000 | 96923 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 04/25/30 *(b)* | 75000 | 75998 |
| **IBM International Capital Pte. Ltd.** | **IBM International Capital Pte. Ltd.** | **IBM International Capital Pte. Ltd.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 02/05/27 *(b)* | 100000 | 100332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 02/05/29 *(b)* | 100000 | 100346 |
| **Intel Corp.** | **Intel Corp.** | **Intel Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 03/25/27 *(b)* | 250000 | 246467 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 08/05/27 *(b)* | 250000 | 245537 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 02/10/28 *(b)* | 200000 | 201674 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.60%, 08/12/28 *(b)* | 150000 | 136712 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 08/05/29 *(b)* | 50000 | 48496 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 11/15/29 *(b)* | 250000 | 226247 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 02/10/30 *(b)* | 200000 | 202592 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 03/25/30 *(b)* | 200000 | 191584 |

---

**102**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **International Business Machines Corp.** | **International Business Machines Corp.** | **International Business Machines Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 01/27/27  | 100000 | 98373 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 02/09/27 *(b)* | 100000 | 96482 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 05/15/27 *(b)* | 150000 | 142767 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 07/27/27 *(b)* | 200000 | 199092 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/06/28 *(b)* | 200000 | 201250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 05/15/29  | 500000 | 482645 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 02/10/30 *(b)* | 200000 | 201840 |
| **Intuit, Inc.** | **Intuit, Inc.** | **Intuit, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 09/15/28 *(b)* | 225000 | 231217 |
| **Jabil, Inc.** | **Jabil, Inc.** | **Jabil, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 05/15/27 *(b)* | 100000 | 99231 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 01/12/28 *(b)* | 75000 | 73805 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 01/15/30 *(b)* | 100000 | 94236 |
| **Juniper Networks, Inc.** | **Juniper Networks, Inc.** | **Juniper Networks, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 08/15/29 *(b)* | 50000 | 48241 |
| **Keysight Technologies, Inc.** | **Keysight Technologies, Inc.** | **Keysight Technologies, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 04/06/27 *(b)* | 150000 | 150313 |
| **KLA Corp.** | **KLA Corp.** | **KLA Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 03/15/29 *(b)* | 100000 | 99279 |
| **Kyndryl Holdings, Inc.** | **Kyndryl Holdings, Inc.** | **Kyndryl Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 10/15/26 *(b)* | 100000 | 96471 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 10/15/28 *(b)* | 50000 | 46917 |
| **Lam Research Corp.** | **Lam Research Corp.** | **Lam Research Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/15/29 *(b)* | 150000 | 147986 |
| **Leidos, Inc.** | **Leidos, Inc.** | **Leidos, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 05/15/30 *(b)* | 100000 | 97519 |
| **Marvell Technology, Inc.** | **Marvell Technology, Inc.** | **Marvell Technology, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 04/15/28 *(b)* | 150000 | 141500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 02/15/29 *(b)* | 75000 | 77530 |
| **Mastercard, Inc.** | **Mastercard, Inc.** | **Mastercard, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 03/26/27 *(b)* | 250000 | 246750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 01/15/28 *(b)* | 100000 | 100122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/09/28 *(b)* | 125000 | 127575 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 06/01/29 *(b)* | 200000 | 190780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 03/26/30 *(b)* | 200000 | 191362 |
| **Microchip Technology, Inc.** | **Microchip Technology, Inc.** | **Microchip Technology, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/15/28  | 150000 | 150595 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/15/29 *(b)* | 100000 | 100756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 02/15/30 *(b)* | 150000 | 150553 |
| **Micron Technology, Inc.** | **Micron Technology, Inc.** | **Micron Technology, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 04/15/28 *(b)* | 100000 | 102071 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.33%, 02/06/29 *(b)* | 100000 | 101514 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 11/01/29 *(b)* | 200000 | 213964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.66%, 02/15/30 *(b)* | 100000 | 98721 |
| **Microsoft Corp.** | **Microsoft Corp.** | **Microsoft Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 08/08/26 *(b)* | 500000 | 490310 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 09/15/26 *(b)* | 200000 | 198348 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 02/06/27 *(b)* | 500000 | 494340 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 06/15/27 *(b)* | 75000 | 74276 |
| **Moody's Corp.** | **Moody's Corp.** | **Moody's Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 01/15/28 *(b)* | 150000 | 146387 |
| **Motorola Solutions, Inc.** | **Motorola Solutions, Inc.** | **Motorola Solutions, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 02/23/28 *(b)* | 150000 | 150268 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 05/23/29 *(b)* | 100000 | 99893 |
| **NetApp, Inc.** | **NetApp, Inc.** | **NetApp, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 06/22/27 *(b)* | 100000 | 95612 |
| **Nokia OYJ** | **Nokia OYJ** | **Nokia OYJ** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 06/12/27  | 100000 | 99374 |
| **NVIDIA Corp.** | **NVIDIA Corp.** | **NVIDIA Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 09/16/26 *(b)* | 100000 | 98883 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.55%, 06/15/28 *(b)* | 250000 | 232420 |
| **NXP BV/NXP Funding LLC/NXP USA, Inc.** | **NXP BV/NXP Funding LLC/NXP USA, Inc.** | **NXP BV/NXP Funding LLC/NXP USA, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 06/18/26 *(b)* | 150000 | 148878 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 05/01/27 *(b)* | 100000 | 97445 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 06/01/27 *(b)* | 50000 | 49944 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 06/18/29 *(b)* | 100000 | 98118 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 05/01/30 *(b)* | 100000 | 93426 |
| **Oracle Corp.** | **Oracle Corp.** | **Oracle Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 07/15/26 *(b)* | 200000 | 195776 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 04/01/27 *(b)* | 400000 | 388652 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 11/15/27 *(b)* | 400000 | 389168 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 03/25/28 *(b)* | 350000 | 330718 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/06/28 *(b)* | 100000 | 100483 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 08/03/28 *(b)* | 150000 | 151575 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 09/27/29 *(b)* | 200000 | 197108 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 11/09/29 *(b)* | 150000 | 159321 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 04/01/30 *(b)* | 400000 | 370616 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 05/06/30 *(b)* | 200000 | 200288 |
| **Paychex, Inc.** | **Paychex, Inc.** | **Paychex, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 04/15/30 *(b)* | 200000 | 202776 |
| **PayPal Holdings, Inc.** | **PayPal Holdings, Inc.** | **PayPal Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 06/01/27 *(b)* | 100000 | 99341 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 03/06/28 *(b)* | 100000 | 100454 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 10/01/29 *(b)* | 200000 | 187172 |
| **Qorvo, Inc.** | **Qorvo, Inc.** | **Qorvo, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 10/15/29 *(b)* | 100000 | 96120 |
| **QUALCOMM, Inc.** | **QUALCOMM, Inc.** | **QUALCOMM, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/20/27 *(b)* | 250000 | 245905 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 05/20/28 *(b)* | 150000 | 138380 |
| **RELX Capital, Inc.** | **RELX Capital, Inc.** | **RELX Capital, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/18/29 *(b)* | 100000 | 98716 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/27/30 *(b)* | 150000 | 151357 |
| **Roper Technologies, Inc.** | **Roper Technologies, Inc.** | **Roper Technologies, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 12/15/26 *(b)* | 150000 | 148686 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.40%, 09/15/27 *(b)* | 100000 | 93467 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 09/15/28 *(b)* | 100000 | 99329 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 09/15/29 *(b)* | 100000 | 93590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 10/15/29 *(b)* | 75000 | 74622 |
| **S&P Global, Inc.** | **S&P Global, Inc.** | **S&P Global, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 08/01/28 *(b)* | 100000 | 101016 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 03/01/29 *(b)* | 150000 | 141357 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 05/01/29 *(b)* | 150000 | 149112 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 12/01/29 *(b)* | 150000 | 138438 |
| **Salesforce, Inc.** | **Salesforce, Inc.** | **Salesforce, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 04/11/28 *(b)* | 150000 | 148368 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 07/15/28 *(b)* | 200000 | 184714 |
| **Skyworks Solutions, Inc.** | **Skyworks Solutions, Inc.** | **Skyworks Solutions, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 06/01/26 *(b)* | 125000 | 121071 |
| **Synopsys, Inc.** | **Synopsys, Inc.** | **Synopsys, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 04/01/27  | 100000 | 100167 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 04/01/28 *(b)* | 100000 | 100632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 04/01/30 *(b)* | 275000 | 277439 |
| **TD SYNNEX Corp.** | **TD SYNNEX Corp.** | **TD SYNNEX Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 08/09/26 *(b)* | 100000 | 96291 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 08/09/28 *(b)* | 100000 | 92874 |
| **Texas Instruments, Inc.** | **Texas Instruments, Inc.** | **Texas Instruments, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 09/15/26 *(b)* | 150000 | 144327 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 11/03/27 *(b)* | 100000 | 97218 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 02/15/28 *(b)* | 100000 | 101206 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 02/08/29 *(b)* | 100000 | 101163 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 09/04/29 *(b)* | 100000 | 92123 |
| **Trimble, Inc.** | **Trimble, Inc.** | **Trimble, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 06/15/28 *(b)* | 100000 | 100961 |
| **TSMC Arizona Corp.** | **TSMC Arizona Corp.** | **TSMC Arizona Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 10/25/26 *(b)* | 350000 | 337092 |
| **Tyco Electronics Group SA** | **Tyco Electronics Group SA** | **Tyco Electronics Group SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 08/15/27 *(b)* | 100000 | 97282 |
| **Verisk Analytics, Inc.** | **Verisk Analytics, Inc.** | **Verisk Analytics, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/15/29 *(b)* | 75000 | 73891 |

---

**103**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Visa, Inc.** | **Visa, Inc.** | **Visa, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 04/15/27 *(b)* | 200000 | 192316 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 09/15/27 *(b)* | 150000 | 145820 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 04/15/30 *(b)* | 150000 | 135453 |
| **VMware LLC** | **VMware LLC** | **VMware LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.40%, 08/15/26 *(b)* | 200000 | 192606 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 05/15/27 *(b)* | 100000 | 100181 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 08/21/27 *(b)* | 200000 | 197350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 08/15/28 *(b)* | 100000 | 91607 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 05/15/30 *(b)* | 100000 | 99501 |
| **Western Digital Corp.** | **Western Digital Corp.** | **Western Digital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 02/01/29 *(b)* | 75000 | 68629 |
| **Workday, Inc.** | **Workday, Inc.** | **Workday, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/01/27 *(b)* | 200000 | 196668 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 04/01/29 *(b)* | 100000 | 96882 |
|  |  | **34314045** |
| ***Transportation 0.3%***  | ***Transportation 0.3%***  | ***Transportation 0.3%***  |
| **American Airlines 2014-1 Class A Pass-Through Trust** | **American Airlines 2014-1 Class A Pass-Through Trust** | **American Airlines 2014-1 Class A Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 04/01/28  | 92123 | 89680 |
| **American Airlines 2015-1 Class A Pass-Through Trust** | **American Airlines 2015-1 Class A Pass-Through Trust** | **American Airlines 2015-1 Class A Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 11/01/28  | 74928 | 72292 |
| **American Airlines 2016-1 Class AA Pass-Through Trust** | **American Airlines 2016-1 Class AA Pass-Through Trust** | **American Airlines 2016-1 Class AA Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.58%, 07/15/29  | 59567 | 57281 |
| **American Airlines 2016-2 Class AA Pass-Through Trust** | **American Airlines 2016-2 Class AA Pass-Through Trust** | **American Airlines 2016-2 Class AA Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 12/15/29  | 94425 | 89379 |
| **American Airlines 2017-1 Class AA Pass-Through Trust** | **American Airlines 2017-1 Class AA Pass-Through Trust** | **American Airlines 2017-1 Class AA Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 08/15/30  | 123000 | 117913 |
| **Canadian Pacific Railway Co.** | **Canadian Pacific Railway Co.** | **Canadian Pacific Railway Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 12/02/26 *(b)* | 200000 | 192322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/28 *(b)* | 100000 | 98989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 03/05/30 *(b)* | 100000 | 89169 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/30/30 *(b)* | 100000 | 100786 |
| **CH Robinson Worldwide, Inc.** | **CH Robinson Worldwide, Inc.** | **CH Robinson Worldwide, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 04/15/28 *(b)* | 100000 | 98425 |
| **CSX Corp.** | **CSX Corp.** | **CSX Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/01/27 *(b)* | 250000 | 244950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 03/01/28 *(b)* | 150000 | 148026 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 02/15/30 *(b)* | 75000 | 68538 |
| **Delta Air Lines 2020-1 Class AA Pass-Through Trust** | **Delta Air Lines 2020-1 Class AA Pass-Through Trust** | **Delta Air Lines 2020-1 Class AA Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 12/10/29  | 73093 | 68747 |
| **Delta Air Lines, Inc.** | **Delta Air Lines, Inc.** | **Delta Air Lines, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 10/28/29 *(b)* | 150000 | 141378 |
| **FedEx Corp.** | **FedEx Corp.** | **FedEx Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 02/15/28 *(b)(d)* | 100000 | 96780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 08/05/29 *(b)(d)* | 50000 | 46861 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 05/15/30 *(b)(d)* | 100000 | 97148 |
| **GXO Logistics, Inc.** | **GXO Logistics, Inc.** | **GXO Logistics, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 05/06/29 *(b)* | 100000 | 102575 |
| **JB Hunt Transport Services, Inc.** | **JB Hunt Transport Services, Inc.** | **JB Hunt Transport Services, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/15/30 *(b)* | 100000 | 100666 |
| **Kirby Corp.** | **Kirby Corp.** | **Kirby Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/01/28 *(b)* | 100000 | 98437 |
| **Norfolk Southern Corp.** | **Norfolk Southern Corp.** | **Norfolk Southern Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 06/15/26 *(b)* | 150000 | 147700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 08/01/28 *(b)* | 100000 | 98405 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 11/01/29 *(b)* | 75000 | 68951 |
| **Ryder System, Inc.** | **Ryder System, Inc.** | **Ryder System, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 09/01/26 *(b)* | 100000 | 96554 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 03/01/27 *(b)* | 200000 | 193900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/01/28 *(b)* | 100000 | 101962 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 03/15/29 *(b)* | 100000 | 102333 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 09/01/29 *(b)* | 100000 | 100329 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 12/01/29 *(b)* | 100000 | 100232 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Southwest Airlines Co.** | **Southwest Airlines Co.** | **Southwest Airlines Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 06/15/27 *(b)* | 350000 | 352233 |
| **Union Pacific Corp.** | **Union Pacific Corp.** | **Union Pacific Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 02/05/27 *(b)* | 200000 | 193318 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 04/15/27 *(b)* | 100000 | 97775 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 09/10/28 *(b)* | 100000 | 99077 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 02/01/29  | 100000 | 107739 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/01/29 *(b)* | 125000 | 122605 |
| **United Airlines 2014-2 Class A Pass-Through Trust** | **United Airlines 2014-2 Class A Pass-Through Trust** | **United Airlines 2014-2 Class A Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 03/03/28  | 70824 | 69832 |
| **United Airlines 2016-1 Class AA Pass-Through Trust** | **United Airlines 2016-1 Class AA Pass-Through Trust** | **United Airlines 2016-1 Class AA Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 01/07/30  | 45319 | 42920 |
| **United Airlines 2018-1 Class AA Pass-Through Trust** | **United Airlines 2018-1 Class AA Pass-Through Trust** | **United Airlines 2018-1 Class AA Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 09/01/31  | 68029 | 63623 |
| **United Airlines 2020-1 Class A Pass-Through Trust** | **United Airlines 2020-1 Class A Pass-Through Trust** | **United Airlines 2020-1 Class A Pass-Through Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 04/15/29 *(b)* | 198748 | 202019 |
| **United Parcel Service, Inc.** | **United Parcel Service, Inc.** | **United Parcel Service, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 11/15/27 *(b)* | 150000 | 146204 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 03/15/29 *(b)* | 100000 | 96804 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 09/01/29 *(b)* | 100000 | 92684 |
|  |  | **4917541** |
|  |  | **183269872** |
| **Utility 1.6%** | **Utility 1.6%** | **Utility 1.6%** |
| ***Electric 1.4%***  | ***Electric 1.4%***  | ***Electric 1.4%***  |
| **AEP Texas, Inc.** | **AEP Texas, Inc.** | **AEP Texas, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 06/01/28 *(b)* | 100000 | 98009 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 05/15/29 *(b)* | 150000 | 153633 |
| **AES Corp.** | **AES Corp.** | **AES Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 06/01/28 *(b)* | 150000 | 152071 |
| **Alabama Power Co.** | **Alabama Power Co.** | **Alabama Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/01/27 *(b)* | 150000 | 148590 |
| **Ameren Corp.** | **Ameren Corp.** | **Ameren Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 03/15/27 *(b)* | 75000 | 71866 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 03/15/28 *(b)* | 75000 | 69568 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/15/29 *(b)* | 100000 | 101191 |
| **Ameren Illinois Co.** | **Ameren Illinois Co.** | **Ameren Illinois Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 05/15/28 *(b)* | 100000 | 98916 |
| **American Electric Power Co., Inc.** | **American Electric Power Co., Inc.** | **American Electric Power Co., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 11/13/27 *(b)* | 100000 | 97155 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 12/01/28 *(b)* | 100000 | 99158 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 01/15/29 *(b)* | 150000 | 152970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.05%, 12/15/54 *(b)(c)* | 100000 | 102858 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 02/15/62 *(b)(c)* | 100000 | 95480 |
| **Arizona Public Service Co.** | **Arizona Public Service Co.** | **Arizona Public Service Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 08/15/29 *(b)* | 100000 | 92276 |
| **Avangrid, Inc.** | **Avangrid, Inc.** | **Avangrid, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 06/01/29 *(b)* | 100000 | 96614 |
| **Baltimore Gas & Electric Co.** | **Baltimore Gas & Electric Co.** | **Baltimore Gas & Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 08/15/26 *(b)* | 75000 | 73297 |
| **Berkshire Hathaway Energy Co.** | **Berkshire Hathaway Energy Co.** | **Berkshire Hathaway Energy Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 04/15/28 *(b)* | 100000 | 97384 |
| **Black Hills Corp.** | **Black Hills Corp.** | **Black Hills Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 01/15/27 *(b)* | 100000 | 97673 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 03/15/28 *(b)* | 75000 | 77621 |
| **CenterPoint Energy Houston Electric LLC** | **CenterPoint Energy Houston Electric LLC** | **CenterPoint Energy Houston Electric LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 10/01/28 *(b)* | 100000 | 102424 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/15/30 *(b)* | 100000 | 101028 |
| **CenterPoint Energy, Inc.** | **CenterPoint Energy, Inc.** | **CenterPoint Energy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 06/01/26 *(b)* | 150000 | 145470 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 06/01/29 *(b)* | 100000 | 102848 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 02/15/55 *(b)(c)* | 50000 | 51459 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.70%, 05/15/55 *(b)(c)* | 100000 | 100223 |

---

**104**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **CMS Energy Corp.** | **CMS Energy Corp.** | **CMS Energy Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 08/15/27 *(b)* | 50000 | 48914 |
| **Commonwealth Edison Co.** | **Commonwealth Edison Co.** | **Commonwealth Edison Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 06/15/26 *(b)* | 150000 | 147199 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 08/15/28 *(b)* | 150000 | 147610 |
| **Connecticut Light & Power Co.** | **Connecticut Light & Power Co.** | **Connecticut Light & Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 03/15/27 *(b)* | 100000 | 98335 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 01/15/30 *(b)* | 100000 | 101574 |
| **Consolidated Edison Co. of New York, Inc.** | **Consolidated Edison Co. of New York, Inc.** | **Consolidated Edison Co. of New York, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 05/15/28 *(b)* | 100000 | 98549 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/01/28 *(b)* | 75000 | 74294 |
| **Constellation Energy Generation LLC** | **Constellation Energy Generation LLC** | **Constellation Energy Generation LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 03/01/28 *(b)* | 125000 | 128938 |
| **Consumers Energy Co.** | **Consumers Energy Co.** | **Consumers Energy Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 03/01/28 *(b)* | 75000 | 75749 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/15/29 *(b)* | 75000 | 76177 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 01/15/30 *(b)* | 100000 | 100837 |
| **Dominion Energy, Inc.** | **Dominion Energy, Inc.** | **Dominion Energy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 06/01/28 *(b)* | 100000 | 99404 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 04/01/30 *(b)* | 150000 | 140873 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 02/01/55 *(b)(c)* | 250000 | 258867 |
| **DTE Electric Co.** | **DTE Electric Co.** | **DTE Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 04/01/28 *(b)* | 100000 | 93858 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 03/01/30 *(b)* | 100000 | 90495 |
| **DTE Energy Co.** | **DTE Energy Co.** | **DTE Energy Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 10/01/26 *(b)* | 125000 | 122273 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 06/01/28 *(b)* | 150000 | 151366 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 03/01/29 *(b)* | 200000 | 202950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 06/15/29 *(b)* | 100000 | 95161 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 04/01/30 *(b)* | 150000 | 152668 |
| **Duke Energy Carolinas LLC** | **Duke Energy Carolinas LLC** | **Duke Energy Carolinas LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 11/15/28 *(b)* | 100000 | 98977 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 08/15/29 *(b)* | 100000 | 92622 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 03/15/30 *(b)* | 100000 | 101726 |
| **Duke Energy Corp.** | **Duke Energy Corp.** | **Duke Energy Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 09/01/26 *(b)* | 200000 | 195738 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 01/05/27  | 100000 | 100703 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/08/27 *(b)* | 150000 | 151842 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 03/15/28 *(b)* | 150000 | 149713 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 01/05/29 *(b)* | 125000 | 126350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 06/15/29 *(b)* | 100000 | 95567 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 01/15/82 *(b)(c)* | 100000 | 95425 |
| **Duke Energy Florida LLC** | **Duke Energy Florida LLC** | **Duke Energy Florida LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 01/15/27 *(b)* | 200000 | 196538 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 12/01/29 *(b)* | 100000 | 92267 |
| **Duke Energy Ohio, Inc.** | **Duke Energy Ohio, Inc.** | **Duke Energy Ohio, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 02/01/29 *(b)* | 75000 | 73301 |
| **Duke Energy Progress LLC** | **Duke Energy Progress LLC** | **Duke Energy Progress LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 03/06/27  | 100000 | 100336 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 03/15/29 *(b)* | 75000 | 72587 |
| **Edison International** | **Edison International** | **Edison International** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 06/15/27 *(b)* | 150000 | 150969 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/15/28 *(b)* | 100000 | 96228 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 11/15/28 *(b)* | 100000 | 98582 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 11/15/29 *(b)* | 75000 | 77853 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 03/15/30 *(b)* | 100000 | 101346 |
| **Emera U.S. Finance LP** | **Emera U.S. Finance LP** | **Emera U.S. Finance LP** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 06/15/26 *(b)* | 150000 | 148131 |
| **Enel Americas SA** | **Enel Americas SA** | **Enel Americas SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 10/25/26 *(b)* | 150000 | 148941 |
| **Enel Chile SA** | **Enel Chile SA** | **Enel Chile SA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 06/12/28 *(b)* | 150000 | 149481 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Entergy Corp.** | **Entergy Corp.** | **Entergy Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 09/01/26 *(b)* | 100000 | 98099 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 06/15/28 *(b)* | 100000 | 92830 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%, 12/01/54 *(b)(c)* | 150000 | 153850 |
| **Entergy Louisiana LLC** | **Entergy Louisiana LLC** | **Entergy Louisiana LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 04/01/28 *(b)* | 100000 | 97234 |
| **Evergy Kansas Central, Inc.** | **Evergy Kansas Central, Inc.** | **Evergy Kansas Central, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 07/01/26 *(b)* | 150000 | 147210 |
| **Evergy, Inc.** | **Evergy, Inc.** | **Evergy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 09/15/29 *(b)* | 100000 | 93221 |
| **Eversource Energy** | **Eversource Energy** | **Eversource Energy** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 07/01/27 *(b)* | 100000 | 100197 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 01/15/28 *(b)* | 150000 | 145314 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/01/28 *(b)* | 225000 | 230006 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 02/01/29 *(b)* | 125000 | 129940 |
| **Exelon Corp.** | **Exelon Corp.** | **Exelon Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 03/15/27 *(b)* | 150000 | 145654 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 03/15/28 *(b)* | 100000 | 101785 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 03/15/29 *(b)* | 100000 | 101961 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 04/15/30 *(b)* | 150000 | 146251 |
| **FirstEnergy Corp.** | **FirstEnergy Corp.** | **FirstEnergy Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 07/15/27 *(b)(g)* | 200000 | 197082 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 03/01/30 *(b)* | 100000 | 90869 |
| **Florida Power & Light Co.** | **Florida Power & Light Co.** | **Florida Power & Light Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 04/01/28 *(b)* | 150000 | 153336 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 05/15/28 *(b)* | 100000 | 100482 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 06/15/29 *(b)* | 100000 | 103070 |
| **Fortis, Inc.** | **Fortis, Inc.** | **Fortis, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.06%, 10/04/26 *(b)* | 200000 | 196076 |
| **Georgia Power Co.** | **Georgia Power Co.** | **Georgia Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/30/27 *(b)* | 50000 | 49145 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 05/16/28 *(b)* | 100000 | 100940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 09/15/29 *(b)* | 100000 | 93091 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 03/15/30 *(b)* | 100000 | 100233 |
| **Indiana Michigan Power Co.** | **Indiana Michigan Power Co.** | **Indiana Michigan Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 05/15/28 *(b)* | 100000 | 98272 |
| **Interstate Power & Light Co.** | **Interstate Power & Light Co.** | **Interstate Power & Light Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 09/26/28 *(b)* | 100000 | 98686 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 04/01/29 *(b)* | 100000 | 96450 |
| **IPALCO Enterprises, Inc.** | **IPALCO Enterprises, Inc.** | **IPALCO Enterprises, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 05/01/30 *(b)* | 100000 | 95042 |
| **ITC Holdings Corp.** | **ITC Holdings Corp.** | **ITC Holdings Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 11/15/27 *(b)* | 150000 | 145990 |
| **MidAmerican Energy Co.** | **MidAmerican Energy Co.** | **MidAmerican Energy Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 04/15/29 *(b)* | 100000 | 97614 |
| **National Grid PLC** | **National Grid PLC** | **National Grid PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 06/12/28 *(b)* | 150000 | 154359 |
| **National Rural Utilities Cooperative Finance Corp.** | **National Rural Utilities Cooperative Finance Corp.** | **National Rural Utilities Cooperative Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 05/06/27 *(b)* | 250000 | 253400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.12%, 09/16/27 *(b)* | 100000 | 99670 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 02/07/28 *(b)* | 125000 | 122044 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/15/28 *(b)* | 100000 | 101116 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 09/15/28 *(b)* | 75000 | 76398 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 02/07/29 *(b)* | 125000 | 126614 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 03/15/29 *(b)* | 75000 | 72946 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 03/15/30 *(b)* | 100000 | 90844 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%, 09/15/53 *(b)(c)* | 100000 | 103839 |
| **Nevada Power Co.** | **Nevada Power Co.** | **Nevada Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 05/01/29 *(b)* | 200000 | 194888 |
| **NextEra Energy Capital Holdings, Inc.** | **NextEra Energy Capital Holdings, Inc.** | **NextEra Energy Capital Holdings, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 01/15/27 *(b)* | 150000 | 144025 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 05/01/27 *(b)* | 250000 | 245640 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 07/15/27 *(b)* | 250000 | 250770 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/28/28 *(b)* | 200000 | 202142 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 06/15/28 *(b)* | 225000 | 208516 |

---

**105**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/15/29 *(b)* | 200000 | 202150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/01/29 *(b)* | 75000 | 72255 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/28/30 *(b)* | 150000 | 152778 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/15/30 *(b)* | 100000 | 101505 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.70%, 09/01/54 *(b)(c)* | 100000 | 101704 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 12/01/77 *(b)(c)* | 100000 | 94666 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 05/01/79 *(b)(c)* | 75000 | 73233 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 03/15/82 *(b)(c)* | 100000 | 94943 |
| **NSTAR Electric Co.** | **NSTAR Electric Co.** | **NSTAR Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 05/15/27 *(b)* | 150000 | 146923 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 03/01/30 *(b)* | 100000 | 100730 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 04/01/30 *(b)* | 75000 | 72908 |
| **OGE Energy Corp.** | **OGE Energy Corp.** | **OGE Energy Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 05/15/29 *(b)* | 75000 | 77268 |
| **Oklahoma Gas & Electric Co.** | **Oklahoma Gas & Electric Co.** | **Oklahoma Gas & Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 03/15/30 *(b)* | 100000 | 94263 |
| **Oncor Electric Delivery Co. LLC** | **Oncor Electric Delivery Co. LLC** | **Oncor Electric Delivery Co. LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/20/27 *(d)* | 100000 | 100263 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 11/15/28 *(b)* | 100000 | 97909 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 03/15/29 *(b)* | 75000 | 78234 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 11/01/29 *(b)* | 75000 | 75391 |
| **Pacific Gas & Electric Co.** | **Pacific Gas & Electric Co.** | **Pacific Gas & Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 06/15/27 *(b)* | 100000 | 101071 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 08/01/27 *(b)* | 150000 | 141563 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 12/01/27 *(b)* | 150000 | 144279 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 06/15/28 *(b)* | 100000 | 94396 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 07/01/28  | 100000 | 96541 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 08/01/28 *(b)* | 100000 | 98955 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 01/15/29 *(b)* | 150000 | 154950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 05/15/29 *(b)* | 125000 | 126738 |
| **PacifiCorp** | **PacifiCorp** | **PacifiCorp** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 02/15/29 *(b)* | 75000 | 76149 |
| **Pinnacle West Capital Corp.** | **Pinnacle West Capital Corp.** | **Pinnacle West Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 05/15/30 *(b)* | 100000 | 101177 |
| **Public Service Electric & Gas Co.** | **Public Service Electric & Gas Co.** | **Public Service Electric & Gas Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 09/15/26 *(b)* | 100000 | 97524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 05/01/28 *(b)* | 75000 | 73934 |
| **Public Service Enterprise Group, Inc.** | **Public Service Enterprise Group, Inc.** | **Public Service Enterprise Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85%, 11/15/27 *(b)* | 100000 | 103108 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 10/15/28 *(b)* | 100000 | 104091 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 04/01/29 *(b)* | 100000 | 102153 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/15/30 *(b)* | 100000 | 100720 |
| **Puget Energy, Inc.** | **Puget Energy, Inc.** | **Puget Energy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 06/15/28 *(b)* | 100000 | 93872 |
| **San Diego Gas & Electric Co.** | **San Diego Gas & Electric Co.** | **San Diego Gas & Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 08/15/28 *(b)* | 100000 | 101768 |
| **Southern California Edison Co.** | **Southern California Edison Co.** | **Southern California Edison Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 09/06/26  | 100000 | 99661 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 06/01/27 *(b)* | 150000 | 149635 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 03/01/28 *(b)* | 200000 | 193876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 03/01/28 *(b)* | 125000 | 126401 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 10/01/28 *(b)* | 100000 | 102041 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/01/29 *(b)* | 75000 | 73070 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 08/01/29 *(b)* | 100000 | 92027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/15/30 *(b)* | 100000 | 100495 |
| **Southern Co.** | **Southern Co.** | **Southern Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 07/01/26 *(b)* | 300000 | 296382 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.11%, 08/01/27 *(g)* | 100000 | 101298 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 06/15/28 *(b)* | 100000 | 101295 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 03/15/29 *(b)* | 150000 | 155484 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/15/51 *(b)(c)* | 200000 | 195596 |
| **Southwestern Electric Power Co.** | **Southwestern Electric Power Co.** | **Southwestern Electric Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 09/15/28 *(b)* | 100000 | 98451 |
| **System Energy Resources, Inc.** | **System Energy Resources, Inc.** | **System Energy Resources, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 04/15/28 *(b)* | 100000 | 103771 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Tampa Electric Co.** | **Tampa Electric Co.** | **Tampa Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/01/29 *(b)* | 75000 | 76221 |
| **Union Electric Co.** | **Union Electric Co.** | **Union Electric Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/15/29 *(b)* | 75000 | 72578 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 03/15/30 *(b)* | 100000 | 93444 |
| **Virginia Electric & Power Co.** | **Virginia Electric & Power Co.** | **Virginia Electric & Power Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/15/27 *(b)* | 100000 | 98812 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 05/15/27 *(b)* | 150000 | 148443 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 04/01/28 *(b)* | 100000 | 98748 |
| **WEC Energy Group, Inc.** | **WEC Energy Group, Inc.** | **WEC Energy Group, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 09/12/26 *(b)* | 42000 | 42462 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 10/01/27 *(b)* | 50000 | 50711 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 10/15/27 *(b)* | 150000 | 139599 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 01/15/28 *(b)* | 100000 | 100910 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 12/15/28 *(b)* | 75000 | 69339 |
| **Xcel Energy, Inc.** | **Xcel Energy, Inc.** | **Xcel Energy, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 12/01/26 *(b)* | 150000 | 147304 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 03/15/27 *(b)* | 100000 | 95233 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/15/28 *(b)* | 100000 | 98506 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 12/01/29 *(b)* | 75000 | 68612 |
|  |  | **20888754** |
| ***Natural Gas 0.2%***  | ***Natural Gas 0.2%***  | ***Natural Gas 0.2%***  |
| **Atmos Energy Corp.** | **Atmos Energy Corp.** | **Atmos Energy Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 06/15/27 *(b)* | 75000 | 73209 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 09/15/29 *(b)* | 100000 | 93023 |
| **CenterPoint Energy Resources Corp.** | **CenterPoint Energy Resources Corp.** | **CenterPoint Energy Resources Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/01/28 *(b)* | 200000 | 204124 |
| **NiSource, Inc.** | **NiSource, Inc.** | **NiSource, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.49%, 05/15/27 *(b)* | 50000 | 49012 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/30/28 *(b)* | 150000 | 152911 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 07/01/29 *(b)* | 100000 | 101952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 09/01/29 *(b)* | 100000 | 93692 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 11/30/54 *(b)(c)* | 75000 | 76714 |
| **ONE Gas, Inc.** | **ONE Gas, Inc.** | **ONE Gas, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 04/01/29 *(b)* | 75000 | 76545 |
| **Piedmont Natural Gas Co., Inc.** | **Piedmont Natural Gas Co., Inc.** | **Piedmont Natural Gas Co., Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 06/01/29 *(b)* | 75000 | 71916 |
| **Sempra** | **Sempra** | **Sempra** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/15/27 *(b)* | 100000 | 97440 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 02/01/28 *(b)* | 150000 | 145971 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 04/01/29 *(b)* | 75000 | 72491 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 04/01/52 *(b)(c)* | 200000 | 189360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 10/01/54 *(b)(c)* | 100000 | 97961 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 04/01/55 *(b)(c)* | 50000 | 47264 |
| **Southern California Gas Co.** | **Southern California Gas Co.** | **Southern California Gas Co.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 06/15/26 *(b)* | 150000 | 147253 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 04/15/27 *(b)* | 100000 | 97547 |
| **Southern Co. Gas Capital Corp.** | **Southern Co. Gas Capital Corp.** | **Southern Co. Gas Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/15/26 *(b)* | 50000 | 49379 |
| **Southwest Gas Corp.** | **Southwest Gas Corp.** | **Southwest Gas Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 03/23/28 *(b)* | 100000 | 102072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 04/01/28 *(b)* | 50000 | 48711 |
|  |  | **2088547** |
| ***Utility Other 0.0%***  | ***Utility Other 0.0%***  | ***Utility Other 0.0%***  |
| **American Water Capital Corp.** | **American Water Capital Corp.** | **American Water Capital Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 09/01/27 *(b)* | 100000 | 97053 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/01/28 *(b)* | 100000 | 98201 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 05/01/30 *(b)* | 100000 | 91825 |
| **Essential Utilities, Inc.** | **Essential Utilities, Inc.** | **Essential Utilities, Inc.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 08/15/27 *(b)* | 50000 | 50311 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.57%, 05/01/29 *(b)* | 75000 | 71973 |

---

**106**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **United Utilities PLC** | **United Utilities PLC** | **United Utilities PLC** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 08/15/28  | 75000 | 80121 |
|  |  | **489484** |
|  |  | **23466785** |
| **Total Corporates**<br> **(Cost $367,095,541)** | **Total Corporates**<br> **(Cost $367,095,541)** | **368798974** |
| **TREASURIES** 67.6% OF NET ASSETS | **TREASURIES** 67.6% OF NET ASSETS | **TREASURIES** 67.6% OF NET ASSETS |
| **U.S. Treasury Bonds** | **U.S. Treasury Bonds** | **U.S. Treasury Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 08/15/26  | 1000000 | 1033066 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 11/15/26  | 1000000 | 1040020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 02/15/27  | 700000 | 733455 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 08/15/27  | 1000000 | 1052930 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 11/15/27  | 1100000 | 1157793 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 08/15/28  | 800000 | 840750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 11/15/28  | 1300000 | 1356367 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 02/15/29  | 700000 | 734836 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 08/15/29  | 500000 | 542266 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 05/15/30  | 1000000 | 1101445 |
| **U.S. Treasury Notes** | **U.S. Treasury Notes** | **U.S. Treasury Notes** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 06/15/26  | 800000 | 799875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 06/30/26  | 6700000 | 6472174 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 06/30/26  | 3425000 | 3344325 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 06/30/26  | 9100000 | 9146211 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/15/26  | 5300000 | 5323084 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 07/31/26  | 7400000 | 7111227 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 07/31/26  | 2750000 | 2681626 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 07/31/26  | 8700000 | 8726338 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 08/15/26  | 7900000 | 7663926 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 08/15/26  | 5500000 | 5519228 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 08/31/26  | 8000000 | 7680625 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 08/31/26  | 3300000 | 3193652 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 08/31/26  | 9300000 | 9263853 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 09/15/26  | 6100000 | 6143486 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 09/30/26  | 7800000 | 7484039 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 09/30/26  | 2600000 | 2519918 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 09/30/26  | 9550000 | 9484717 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 10/15/26  | 6350000 | 6399609 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 10/31/26  | 7450000 | 7155929 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 10/31/26  | 3200000 | 3096437 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 10/31/26  | 9500000 | 9512432 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 11/15/26  | 7200000 | 6996797 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 11/15/26  | 6500000 | 6554717 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 11/30/26  | 7800000 | 7491656 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 11/30/26  | 2900000 | 2801275 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 11/30/26  | 9025000 | 9057257 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 12/15/26  | 6850000 | 6888130 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 12/31/26  | 8000000 | 7668750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 12/31/26  | 3100000 | 2994891 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/31/26  | 8900000 | 8934939 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/15/27  | 6800000 | 6801992 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 01/31/27  | 10400000 | 9990906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 01/31/27  | 8900000 | 8922250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 02/15/27  | 6100000 | 5930344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 02/15/27  | 6750000 | 6767666 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 02/28/27  | 1650000 | 1572141 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 02/28/27  | 7140000 | 6892750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 02/28/27  | 9300000 | 9327428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/15/27  | 7425000 | 7464300 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 03/31/27  | 3100000 | 2921750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 03/31/27  | 6800000 | 6630398 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 03/31/27  | 9500000 | 9490723 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/15/27  | 7550000 | 7627417 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 04/30/27  | 3600000 | 3376055 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 04/30/27  | 6200000 | 6068250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/30/27  | 9500000 | 9471611 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 05/15/27  | 7200000 | 6993984 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/15/27  | 7800000 | 7884855 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 05/31/27  | 4300000 | 4021256 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 05/31/27  | 6000000 | 5853516 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 05/31/27  | 8900000 | 8897393 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 06/15/27  | 7500000 | 7606348 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 06/30/27  | 4500000 | 4198008 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/30/27  | 5900000 | 5827172 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 07/15/27  | 7400000 | 7471398 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.38%, 07/31/27  | 5900000 | 5473633 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 07/31/27  | 6000000 | 5859609 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 08/15/27  | 5000000 | 4828711 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 08/15/27  | 7200000 | 7178906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 08/31/27  | 4400000 | 4082891 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 08/31/27  | 5600000 | 5509875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 09/15/27  | 7500000 | 7419434 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.38%, 09/30/27  | 6100000 | 5630348 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 09/30/27  | 5600000 | 5631938 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 10/15/27  | 7700000 | 7699098 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 10/31/27  | 6300000 | 5813965 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 10/31/27  | 5500000 | 5530937 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 11/15/27  | 6000000 | 5773828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 11/15/27  | 7000000 | 7039648 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 11/30/27  | 6700000 | 6188340 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 11/30/27  | 2300000 | 2300180 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/15/27  | 7020000 | 7043583 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 12/31/27  | 7100000 | 6538934 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 12/31/27  | 5225000 | 5227041 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 01/15/28  | 5350000 | 5399738 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 01/31/28  | 8000000 | 7373750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 01/31/28  | 5700000 | 5648121 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 02/15/28  | 7650000 | 7431855 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 02/15/28  | 7250000 | 7320801 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 02/29/28  | 8100000 | 7526988 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/29/28  | 5250000 | 5268252 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 03/15/28  | 7000000 | 7004648 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 03/31/28  | 7250000 | 6746465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 03/31/28  | 4950000 | 4920029 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/15/28  | 6750000 | 6729697 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 04/30/28  | 7900000 | 7337434 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/30/28  | 4800000 | 4752937 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 05/15/28  | 8100000 | 7879465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 05/15/28  | 4000000 | 3988594 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 05/31/28  | 8300000 | 7692090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 05/31/28  | 5475000 | 5438429 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 06/30/28  | 7500000 | 6935742 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/30/28  | 5700000 | 5723379 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 07/31/28  | 8025000 | 7345696 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 07/31/28  | 5500000 | 5541895 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 08/15/28  | 8350000 | 8099500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 08/31/28  | 8130000 | 7452606 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 08/31/28  | 5975000 | 6064858 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 09/30/28  | 8100000 | 7439344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 09/30/28  | 6400000 | 6548500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 10/31/28  | 7600000 | 6995562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 10/31/28  | 6750000 | 6961201 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 11/15/28  | 8500000 | 8292812 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 11/30/28  | 7850000 | 7242545 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 11/30/28  | 7200000 | 7312219 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 12/31/28  | 7600000 | 6968547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 12/31/28  | 7700000 | 7663605 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 01/31/29  | 6900000 | 6398402 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/31/29  | 8200000 | 8227547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 02/15/29  | 8400000 | 8034141 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 02/28/29  | 6500000 | 6046523 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 02/28/29  | 8600000 | 8703469 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 03/31/29  | 6150000 | 5817756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/31/29  | 9200000 | 9271516 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 04/30/29  | 6100000 | 5872918 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 04/30/29  | 9250000 | 9486670 |

---

**107**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 05/15/29  | 6800000 | 6422016 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 05/31/29  | 5900000 | 5649020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 05/31/29  | 9800000 | 10010164 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/30/29  | 5500000 | 5361855 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 06/30/29  | 9300000 | 9415160 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 07/31/29  | 5450000 | 5181545 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/31/29  | 9400000 | 9427539 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 08/15/29  | 6100000 | 5571492 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 08/31/29  | 5200000 | 5037906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 08/31/29  | 9575000 | 9462793 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 09/30/29  | 9600000 | 9437250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 09/30/29  | 4800000 | 4788750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 10/31/29  | 5050000 | 5062625 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 10/31/29  | 9200000 | 9269000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 11/15/29  | 4650000 | 4244760 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 11/30/29  | 4500000 | 4487344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 11/30/29  | 9575000 | 9650553 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 12/31/29  | 4900000 | 4885453 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 12/31/29  | 9175000 | 9339146 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 01/31/30  | 4800000 | 4707750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 01/31/30  | 9575000 | 9696558 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 02/15/30  | 7800000 | 6990141 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/28/30  | 13850000 | 13884625 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 03/31/30  | 4800000 | 4728562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/31/30  | 9600000 | 9620250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/30/30  | 4750000 | 4650918 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 04/30/30  | 9355000 | 9320650 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 05/15/30  | 10500000 | 8934023 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 05/31/30  | 4600000 | 4553102 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/31/30  | 9700000 | 9720840 |
| **Total Treasuries**<br> **(Cost $978,270,216)** | **Total Treasuries**<br> **(Cost $978,270,216)** | **984902897** |
| **GOVERNMENT RELATED** 6.1% OF NET ASSETS | **GOVERNMENT RELATED** 6.1% OF NET ASSETS | **GOVERNMENT RELATED** 6.1% OF NET ASSETS |
| **Agency 2.4%** | **Agency 2.4%** | **Agency 2.4%** |
| **Foreign 1.2%**  | **Foreign 1.2%**  | **Foreign 1.2%**  |
| ***Austria 0.1%***  | ***Austria 0.1%***  | ***Austria 0.1%***  |
| **Oesterreichische Kontrollbank AG** | **Oesterreichische Kontrollbank AG** | **Oesterreichische Kontrollbank AG** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/23/26  | 250000 | 253035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/01/28  | 250000 | 252055 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 01/18/29  | 200000 | 200924 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/05/29  | 250000 | 247463 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/24/30  | 200000 | 203904 |
|  |  | **1157381** |
| ***Canada 0.1%***  | ***Canada 0.1%***  | ***Canada 0.1%***  |
| **Export Development Canada** | **Export Development Canada** | **Export Development Canada** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/25/27  | 650000 | 637364 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/07/27  | 250000 | 249095 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 02/14/28  | 500000 | 499350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 02/13/29  | 300000 | 301212 |
|  |  | **1687021** |
| ***Germany 0.5%***  | ***Germany 0.5%***  | ***Germany 0.5%***  |
| **Kreditanstalt fuer Wiederaufbau** | **Kreditanstalt fuer Wiederaufbau** | **Kreditanstalt fuer Wiederaufbau** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 08/07/26 *(h)* | 500000 | 503010 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 10/01/26 *(h)* | 350000 | 336378 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/01/27 *(h)* | 500000 | 503280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/20/27 *(h)* | 650000 | 638300 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 08/27/27 *(h)* | 300000 | 297489 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 02/15/28 *(h)* | 500000 | 498260 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 04/03/28 *(h)* | 250000 | 243253 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 05/15/28 *(h)* | 450000 | 450085 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 06/15/28 *(h)* | 1000000 | 999410 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/15/29 *(h)* | 1000000 | 1001980 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 09/14/29 *(h)* | 100000 | 91434 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 03/18/30 *(h)* | 400000 | 411504 |
| **Landwirtschaftliche Rentenbank** | **Landwirtschaftliche Rentenbank** | **Landwirtschaftliche Rentenbank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 07/27/26 *(h)* | 400000 | 389484 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 11/15/27 *(h)* | 200000 | 193414 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 04/17/29 *(h)* | 100000 | 102364 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 05/28/30 *(h)* | 300000 | 301861 |
|  |  | **6961506** |
| ***Japan 0.2%***  | ***Japan 0.2%***  | ***Japan 0.2%***  |
| **Japan Bank for International Cooperation** | **Japan Bank for International Cooperation** | **Japan Bank for International Cooperation** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 07/21/26  | 350000 | 340879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 11/04/26  | 500000 | 486685 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 06/01/27  | 400000 | 389888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 07/21/27  | 250000 | 243717 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 11/16/27  | 250000 | 242128 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 07/19/28  | 250000 | 253770 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 10/31/28  | 200000 | 196152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 10/17/29  | 200000 | 182732 |
| **Japan International Cooperation Agency** | **Japan International Cooperation Agency** | **Japan International Cooperation Agency** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 10/20/26  | 200000 | 194216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 04/27/27  | 200000 | 194496 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/23/28  | 250000 | 248922 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 05/21/29  | 200000 | 203788 |
|  |  | **3177373** |
| ***Norway 0.0%***  | ***Norway 0.0%***  | ***Norway 0.0%***  |
| **Equinor ASA** | **Equinor ASA** | **Equinor ASA** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 04/06/27 *(b)* | 100000 | 98219 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 09/10/28 *(b)* | 250000 | 245620 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 04/06/30 *(b)* | 250000 | 236158 |
|  |  | **579997** |
| ***Republic of Korea 0.2%***  | ***Republic of Korea 0.2%***  | ***Republic of Korea 0.2%***  |
| **Export-Import Bank of Korea** | **Export-Import Bank of Korea** | **Export-Import Bank of Korea** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 08/12/26  | 250000 | 246683 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 12/29/26  | 200000 | 190192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 01/18/27  | 250000 | 239390 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 04/21/27  | 200000 | 192946 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 01/14/28  | 200000 | 201484 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/11/29  | 200000 | 200844 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 01/14/30  | 200000 | 204012 |
| **Korea Development Bank** | **Korea Development Bank** | **Korea Development Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.80%, 07/19/26  | 450000 | 432328 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 04/25/27  | 600000 | 568074 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 02/03/28  | 200000 | 201590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 02/15/28  | 200000 | 200288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/15/29  | 200000 | 200852 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 02/03/30  | 200000 | 204094 |
|  |  | **3282777** |
| ***Sweden 0.1%***  | ***Sweden 0.1%***  | ***Sweden 0.1%***  |
| **Svensk Exportkredit AB** | **Svensk Exportkredit AB** | **Svensk Exportkredit AB** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 03/22/27  | 500000 | 484040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 05/08/28  | 250000 | 248480 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 06/14/28  | 200000 | 200740 |
|  |  | **933260** |
|  |  | **17779315** |

---

**108**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **U.S. 1.2%** | **U.S. 1.2%** | **U.S. 1.2%** |
| **Federal Farm Credit Banks Funding Corp.** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 10/02/26  | 2000000 | 1986640 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/20/29  | 500000 | 502335 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 04/30/29  | 500000 | 513485 |
| **Federal Home Loan Banks** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 11/17/26  | 1000000 | 1008960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 12/21/26  | 3000000 | 2877810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 04/09/27  | 3000000 | 3043650 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/30/28  | 2000000 | 2006540 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 11/16/28  | 1000000 | 979760 |
| **Federal National Mortgage Association** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 10/08/27  | 3000000 | 2789010 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 05/15/30  | 1000000 | 1145130 |
|  |  | **16853320** |
|  |  | **34632635** |
| **Local Authority 0.5%** | **Local Authority 0.5%** | **Local Authority 0.5%** |
| **Foreign 0.4%**  | **Foreign 0.4%**  | **Foreign 0.4%**  |
| ***Canada 0.4%***  | ***Canada 0.4%***  | ***Canada 0.4%***  |
| **Hydro-Quebec** | **Hydro-Quebec** | **Hydro-Quebec** |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.50%, 12/01/29  | 500000 | 584665 |
| **Province of Alberta** | **Province of Alberta** | **Province of Alberta** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 06/26/29  | 250000 | 253585 |
| **Province of British Columbia** | **Province of British Columbia** | **Province of British Columbia** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 06/02/26  | 200000 | 196162 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.90%, 07/20/26  | 450000 | 433733 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 01/24/28  | 500000 | 508160 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 11/15/28  | 300000 | 306717 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 04/24/29  | 400000 | 411100 |
| **Province of Manitoba** | **Province of Manitoba** | **Province of Manitoba** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 06/22/26  | 100000 | 97856 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 10/25/28  | 100000 | 91922 |
| **Province of Ontario** | **Province of Ontario** | **Province of Ontario** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 06/15/26  | 300000 | 294216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 05/19/27  | 400000 | 392524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.05%, 05/21/27  | 350000 | 330078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 01/18/29  | 250000 | 250805 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 09/17/29  | 300000 | 294747 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 10/02/29  | 100000 | 91548 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 01/15/30  | 400000 | 408772 |
| **Province of Quebec** | **Province of Quebec** | **Province of Quebec** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/03/29  | 600000 | 608268 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 09/15/29  | 100000 | 112891 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.35%, 05/28/30  | 200000 | 174670 |
| **Province of Saskatchewan** | **Province of Saskatchewan** | **Province of Saskatchewan** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 06/08/27  | 225000 | 221065 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 01/28/30  | 100000 | 101986 |
|  |  | **6165470** |
| **U.S. 0.1%** | **U.S. 0.1%** | **U.S. 0.1%** |
| **California Earthquake Authority** |  |  |
| RB Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 07/01/27  | 125000 | 125926 |
| **Commonwealth of Massachusetts** |  |  |
| RB Series 2022 A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.77%, 07/15/29  | 50000 | 49070 |
| **Metropolitan Government Nashville & Davidson** <br> **County Health & Educational Facilities Board**<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; RB (Vanderbilt Univ Medical Center) <br> Series 2016 B<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 07/01/26 *(b)* | 95000 | 94341 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **New Jersey Economic Development Authority** |  |  |
| Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.43%, 02/15/29  | 116000 | 121726 |
| **Oregon School Boards Association** |  |  |
| Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 06/30/28  | 122202 | 123401 |
| **Port Authority of New York & New Jersey** |  |  |
| RB 2009 BAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.04%, 12/01/29  | 100000 | 106459 |
| **State Board of Administration Finance Corp.** |  |  |
| Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.71%, 07/01/27  | 100000 | 94622 |
| **State of California** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 10/01/29  | 100000 | 93169 |
| GO Bonds Series 2019 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 10/01/26  | 40000 | 39066 |
| GO Bonds Series 2021A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 02/01/28  | 125000 | 117630 |
| GO Bonds Series 2024 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 09/01/29  | 150000 | 155119 |
| GO Bonds Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 04/01/29  | 50000 | 48013 |
| **State of Oregon** |  |  |
| GO Bonds (Pension Funding) Series 2003 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.89%, 06/01/27  | 118193 | 120725 |
| **State of Wisconsin** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 05/01/27  | 100000 | 98113 |
| **State Public School Building Authority** |  |  |
| RB Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/15/27  | 20000 | 20192 |
| **University of California** |  |  |
| RB Series 2019 BD |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 07/01/29  | 100000 | 96727 |
| RB Series 2020 BG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.32%, 05/15/27 *(b)* | 150000 | 142313 |
|  |  | **1646612** |
|  |  | **7812082** |
| **Sovereign 0.7%** | **Sovereign 0.7%** | **Sovereign 0.7%** |
| ***Canada 0.1%***  | ***Canada 0.1%***  | ***Canada 0.1%***  |
| **Canada Government International Bonds** | **Canada Government International Bonds** | **Canada Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/26/28  | 600000 | 597786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 04/30/29  | 400000 | 409728 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/18/30  | 500000 | 500335 |
|  |  | **1507849** |
| ***Chile 0.1%***  | ***Chile 0.1%***  | ***Chile 0.1%***  |
| **Chile Government International Bonds** | **Chile Government International Bonds** | **Chile Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 01/31/27 *(b)* | 400000 | 388836 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.24%, 02/06/28 *(b)* | 200000 | 193636 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 01/22/29 *(b)* | 200000 | 201814 |
|  |  | **784286** |
| ***Indonesia 0.1%***  | ***Indonesia 0.1%***  | ***Indonesia 0.1%***  |
| **Indonesia Government International Bonds** | **Indonesia Government International Bonds** | **Indonesia Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 09/20/27 *(b)* | 200000 | 199462 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 01/11/28  | 200000 | 196288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 01/11/28 *(b)* | 200000 | 201266 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 04/24/28  | 200000 | 199250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 09/18/29  | 200000 | 192096 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/15/30 *(b)* | 200000 | 205822 |
|  |  | **1194184** |

---

**109**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| ***Israel 0.1%***  | ***Israel 0.1%***  | ***Israel 0.1%***  |
| **Israel Government International Bonds** | **Israel Government International Bonds** | **Israel Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 03/12/29  | 500000 | 507285 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 02/19/30  | 300000 | 302574 |
|  |  | **809859** |
| ***Italy 0.0%***  | ***Italy 0.0%***  | ***Italy 0.0%***  |
| **Republic of Italy Government International Bonds** | **Republic of Italy Government International Bonds** | **Republic of Italy Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 10/17/29  | 250000 | 232855 |
| ***Mexico 0.1%***  | ***Mexico 0.1%***  | ***Mexico 0.1%***  |
| **Mexico Government International Bonds** | **Mexico Government International Bonds** | **Mexico Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 03/28/27  | 300000 | 297324 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 01/11/28  | 400000 | 391348 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 04/22/29  | 400000 | 391708 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/07/29 *(b)* | 200000 | 199244 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 04/16/30 *(b)* | 200000 | 182646 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 05/13/30 *(b)* | 200000 | 206442 |
|  |  | **1668712** |
| ***Panama 0.0%***  | ***Panama 0.0%***  | ***Panama 0.0%***  |
| **Panama Government International Bonds** | **Panama Government International Bonds** | **Panama Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 03/17/28 *(b)* | 200000 | 191990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.38%, 04/01/29  | 200000 | 223556 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.16%, 01/23/30 *(b)* | 200000 | 176614 |
|  |  | **592160** |
| ***Philippines 0.1%***  | ***Philippines 0.1%***  | ***Philippines 0.1%***  |
| **Philippines Government International Bonds** | **Philippines Government International Bonds** | **Philippines Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 02/01/28  | 200000 | 193258 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 01/14/29  | 400000 | 391844 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%, 02/02/30  | 300000 | 361986 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/05/30  | 200000 | 199648 |
|  |  | **1146736** |
| ***Poland 0.1%***  | ***Poland 0.1%***  | ***Poland 0.1%***  |
| **Republic of Poland Government International Bonds** | **Republic of Poland Government International Bonds** | **Republic of Poland Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 11/16/27 *(b)* | 200000 | 206184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 03/18/29 *(b)* | 200000 | 201428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 02/12/30  | 400000 | 404456 |
|  |  | **812068** |
| ***Republic of Korea 0.0%***  | ***Republic of Korea 0.0%***  | ***Republic of Korea 0.0%***  |
| **Korea International Bonds** | **Korea International Bonds** | **Korea International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 01/19/27  | 200000 | 195578 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 06/19/29  | 200000 | 187260 |
|  |  | **382838** |
| ***Uruguay 0.0%***  | ***Uruguay 0.0%***  | ***Uruguay 0.0%***  |
| **Uruguay Government International Bonds** | **Uruguay Government International Bonds** | **Uruguay Government International Bonds** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 10/27/27  | 300000 | 300012 |
|  |  | **9431559** |
| **Supranational\* 2.5%** | **Supranational\* 2.5%** | **Supranational\* 2.5%** |
| **African Development Bank** | **African Development Bank** | **African Development Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 07/22/26  | 300000 | 289332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 01/04/27  | 300000 | 302835 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 11/03/27  | 500000 | 505155 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/14/28  | 400000 | 404868 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 09/18/29  | 100000 | 98090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/18/30  | 300000 | 299901 |
| **Arab Energy Fund** | **Arab Energy Fund** | **Arab Energy Fund** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.48%, 10/06/26 *(a)(d)* | 200000 | 191918 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| **Asian Development Bank** | **Asian Development Bank** | **Asian Development Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 08/14/26  | 250000 | 243255 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 01/20/27  | 750000 | 720712 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 08/20/27  | 500000 | 491760 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 11/02/27  | 500000 | 483875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 01/14/28  | 700000 | 708260 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 01/19/28  | 500000 | 485750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/25/28  | 1000000 | 995880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 08/25/28  | 500000 | 508665 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/06/29  | 500000 | 507330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 08/28/29  | 500000 | 493475 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 09/19/29  | 500000 | 456495 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 01/24/30  | 200000 | 182192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 05/30/30  | 500000 | 502715 |
| **Asian Infrastructure Investment Bank** | **Asian Infrastructure Investment Bank** | **Asian Infrastructure Investment Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/14/27  | 500000 | 498340 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/18/28  | 350000 | 350893 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 01/18/29  | 450000 | 452678 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/16/30  | 300000 | 306198 |
| **Corp. Andina de Fomento** | **Corp. Andina de Fomento** | **Corp. Andina de Fomento** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 02/08/27  | 100000 | 96678 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 04/26/27  | 100000 | 103060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 01/07/28  | 300000 | 299007 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/24/29  | 200000 | 204318 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/22/30  | 300000 | 307314 |
| **Council of Europe Development Bank** | **Council of Europe Development Bank** | **Council of Europe Development Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 09/22/26  | 250000 | 240025 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 01/24/29  | 200000 | 201026 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/15/30  | 200000 | 204012 |
| **Council Of Europe Development Bank** | **Council Of Europe Development Bank** | **Council Of Europe Development Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 01/26/28  | 200000 | 198526 |
| **European Bank for Reconstruction & Development** | **European Bank for Reconstruction & Development** | **European Bank for Reconstruction & Development** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/09/28  | 500000 | 505920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 01/25/29  | 400000 | 402168 |
| **European Investment Bank** | **European Investment Bank** | **European Investment Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 03/15/27  | 750000 | 716872 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 05/24/27  | 500000 | 485040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 11/15/27  | 650000 | 640510 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 03/15/28  | 1000000 | 999940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 06/15/28  | 500000 | 499975 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 10/16/28  | 750000 | 763867 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/15/29  | 1000000 | 1002520 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 06/15/29  | 1000000 | 1029760 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 10/09/29  | 100000 | 90786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 11/15/29  | 750000 | 743490 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/14/30  | 500000 | 511420 |
| **Inter-American Development Bank** | **Inter-American Development Bank** | **Inter-American Development Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 06/02/26  | 300000 | 293787 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 07/23/26  | 400000 | 390764 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 01/13/27  | 850000 | 816918 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 07/07/27  | 850000 | 823607 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 07/20/28  | 200000 | 183606 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 09/18/28  | 200000 | 195040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 02/15/29  | 750000 | 754380 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 06/18/29  | 350000 | 327558 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 09/14/29  | 300000 | 294423 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/15/30  | 600000 | 613074 |
| **Inter-American Investment Corp.** | **Inter-American Investment Corp.** | **Inter-American Investment Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 02/17/27  | 100000 | 99215 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 09/19/28  | 200000 | 204518 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 04/01/30  | 200000 | 201092 |
| **International Bank for Reconstruction & Development** | **International Bank for Reconstruction & Development** | **International Bank for Reconstruction & Development** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 08/27/26  | 500000 | 499550 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 10/27/26  | 500000 | 485355 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 06/15/27  | 600000 | 590520 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 11/22/27  | 500000 | 483580 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 11/24/27  | 1000000 | 926140 |

---

**110**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; SECURITY<br> RATE, MATURITY DATE<br>| FACE<br> AMOUNT ($)<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 04/20/28  | 750000 | 698633 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 05/05/28  | 500000 | 496225 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 07/12/28  | 500000 | 493860 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 08/01/28  | 750000 | 765435 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 09/13/28  | 750000 | 685733 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 09/21/29  | 300000 | 295947 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 10/16/29  | 750000 | 746992 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 02/14/30  | 700000 | 696486 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 03/20/30  | 500000 | 502685 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 05/14/30  | 400000 | 344216 |
| **International Finance Corp.** | **International Finance Corp.** | **International Finance Corp.** |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 10/08/26  | 100000 | 95733 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/21/28  | 300000 | 304500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/13/28  | 400000 | 406892 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 07/02/29  | 300000 | 303231 |
| **Nordic Investment Bank** | **Nordic Investment Bank** | **Nordic Investment Bank** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 03/14/28  | 250000 | 253093 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 05/09/30  | 250000 | 247271 |
|  |  | **36246865** |
| **Total Government Related**<br> **(Cost $88,064,057)** | **Total Government Related**<br> **(Cost $88,064,057)** | **88123141** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| **Short-Term Investments** 0.5% OF NET ASSETS | **Short-Term Investments** 0.5% OF NET ASSETS | **Short-Term Investments** 0.5% OF NET ASSETS |
| **Money Market Funds 0.5%** | **Money Market Funds 0.5%** | **Money Market Funds 0.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp; State Street Institutional <br> U.S. Government Money Market <br> Fund, Premier Class 4.27% *(i)*<br>| 6784019 | 6784019 |
| &nbsp;&nbsp;&nbsp;&nbsp; State Street Institutional <br> U.S. Government Money Market <br> Fund, Premier Class 4.27% *(i)(j)*<br>| 1061730 | 1061730 |
|  |  | **7845749** |
| **Total Short-Term Investments**<br> **(Cost $7,845,749)** | **Total Short-Term Investments**<br> **(Cost $7,845,749)** | **7845749** |
| **Total Investments in Securities**<br> **(Cost $1,441,275,563)** | **Total Investments in Securities**<br> **(Cost $1,441,275,563)** | **1449670761** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* Supranational bonds represent the debt of international organizations or institutions such as the World Bank, the International Monetary Fund, regional multilateral development banks and others. 

*(a)* All or a portion of this security is on loan. Securities on loan were valued at $1,031,796. 

*(b)* The effective maturity may be shorter than the final maturity shown because of the possibility of interim principal payments and prepayments or as the result of embedded demand features (puts or calls). 

*(c)* Security is in a fixed-rate coupon period. Based on index eligibility requirements and the fund's investment objective this security will be removed from the index prior to converting to a floating rate security. 

*(d)* Securities exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registrations, normally to qualified institutional buyers. At the period end, the value of these amounted to $2,930,644 or 0.2% of net assets. 

*(e)* Issuer is affiliated with the fund's investment adviser.

*(f)* Interest rate is subject to adjustments from time to time if a nationally recognized statistical rating organization downgrades (or subsequently upgrades) the debt rating assigned to the bond. 

*(g)* Step up bond that pays an initial coupon rate for a set period and increased coupon rates at one or more preset intervals. Rate shown is as of period end. 

*(h)* Guaranteed by the Republic of Germany.

*(i)* The rate shown is the annualized 7-day yield.

*(j)* Security purchased with cash collateral received for securities on loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| DAC — | Designated Activity Company |
| GO — | General obligation |
| RB — | Revenue bond |
| REIT — | Real Estate Investment Trust |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Below is a summary of the fund's transactions with affiliated issuers during the period ended May 31, 2025:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY<br> RATE, MATURITY DATE<br>| VALUE AT<br> 8/31/24<br>| PURCHASES | SALES | REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| ACCRETION OF<br> DISCOUNTS<br> (AMORTIZATION<br> OF PREMIUMS)<br>| VALUE AT<br> 5/31/25<br>| FACE AMOUNT<br> AT 5/31/25<br>| INTEREST<br> INCOME EARNED<br>|
| **CORPORATES** 0.1% OF NET ASSETS | **CORPORATES** 0.1% OF NET ASSETS | **CORPORATES** 0.1% OF NET ASSETS | **CORPORATES** 0.1% OF NET ASSETS | **CORPORATES** 0.1% OF NET ASSETS | **CORPORATES** 0.1% OF NET ASSETS | **CORPORATES** 0.1% OF NET ASSETS | **CORPORATES** 0.1% OF NET ASSETS | **CORPORATES** 0.1% OF NET ASSETS | **CORPORATES** 0.1% OF NET ASSETS |
| **Financial Institutions 0.1%** | **Financial Institutions 0.1%** | **Financial Institutions 0.1%** | **Financial Institutions 0.1%** | **Financial Institutions 0.1%** | **Financial Institutions 0.1%** | **Financial Institutions 0.1%** | **Financial Institutions 0.1%** | **Financial Institutions 0.1%** | **Financial Institutions 0.1%** |
| **Brokerage/Asset Managers/Exchanges 0.1%** | **Brokerage/Asset Managers/Exchanges 0.1%** | **Brokerage/Asset Managers/Exchanges 0.1%** | **Brokerage/Asset Managers/Exchanges 0.1%** | **Brokerage/Asset Managers/Exchanges 0.1%** | **Brokerage/Asset Managers/Exchanges 0.1%** | **Brokerage/Asset Managers/Exchanges 0.1%** | **Brokerage/Asset Managers/Exchanges 0.1%** | **Brokerage/Asset Managers/Exchanges 0.1%** | **Brokerage/Asset Managers/Exchanges 0.1%** |
| Charles Schwab Corp. | Charles Schwab Corp. | Charles Schwab Corp. | Charles Schwab Corp. | Charles Schwab Corp. | Charles Schwab Corp. | Charles Schwab Corp. | Charles Schwab Corp. | Charles Schwab Corp. | Charles Schwab Corp. |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 02/13/26 | $39377 | $— | ($39624)<br>| ($1043)<br>| $1768 | ($478)<br>| $— | $— | $698 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.90%, 03/11/26 | 165492 |  | (169156)<br>| (5518)<br>| 8986 | 196 |  |  | 906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.15%, 05/13/26 | 118170 |  | (121259)<br>| (3779)<br>| 6900 | (32)<br>|  |  | 1078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 08/24/26 | 128173 |  |  |  | (1064)<br>| (86)<br>| 127023 | 125000 | 5508 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 03/02/27 | 48529 |  |  |  | 383 | 161 | 49073 | 50000 | 1200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 03/03/27 | 190554 |  |  |  | 1338 | 1824 | 193716 | 200000 | 3675 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 04/01/27 | 97209 |  | (49193)<br>| (628)<br>| 1635 | 126 | 49149 | 50000 | 2338 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 01/25/28 | 86544 |  |  |  | (7)<br>| 1115 | 87652 | 90000 | 2160 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 03/20/28 | 138339 |  |  |  | (24)<br>| 3035 | 141350 | 150000 | 2250 |

---

**111**

------

Schwab Short-Term Bond Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY<br> RATE, MATURITY DATE<br>| VALUE AT<br> 8/31/24<br>| PURCHASES | SALES | REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| ACCRETION OF<br> DISCOUNTS<br> (AMORTIZATION<br> OF PREMIUMS)<br>| VALUE AT<br> 5/31/25<br>| FACE AMOUNT<br> AT 5/31/25<br>| INTEREST<br> INCOME EARNED<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/01/29 | $73839 | $— | $— | $— | $106 | $397 | $74342 | $75000 | $2250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.64%, 05/19/29 | 155263 |  |  |  | 109 | 22 | 155394 | 150000 | 6348 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/22/29 | 71397 |  |  |  | 20 | 594 | 72011 | 75000 | 1828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 10/01/29 |  | 45859 |  |  | 355 | 386 | 46600 | 50000 | 684 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%, 11/17/29 | 185568 |  |  |  | 87 | (544)<br>| 185111 | 175000 | 8132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 03/22/30 |  | 50683 |  |  | (79)<br>| (11)<br>| 50593 | 50000 | 193 |
| **Total** | **$1498454** | **$96542** | **($379232)**<br>| **($10968)**<br>| **$20513** | **$6705** | **$1232014** |  | **$39248** |

---

------

The following is a summary of the inputs used to value the fund's investments as of May 31, 2025 (see notes to portfolio holdings for additional information):

---

| | | | | |
|:---|:---|:---|:---|:---|
| DESCRIPTION | QUOTED PRICES IN<br> ACTIVE MARKETS FOR<br> IDENTICAL ASSETS<br> (LEVEL 1)<br>| &nbsp;&nbsp; OTHER SIGNIFICANT<br> OBSERVABLE INPUTS<br> (LEVEL 2)<br>| &nbsp;&nbsp; SIGNIFICANT<br> UNOBSERVABLE INPUTS<br> (LEVEL 3)<br>| TOTAL |
| **Assets** |  |  |  |  |
| Corporates <sup>1</sup> <br>| $— | &nbsp;&nbsp;&nbsp; $368798974 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $368798974 |
| Treasuries <sup>1</sup> <br>|  | &nbsp;&nbsp;&nbsp; 984902897 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 984902897 |
| Government Related <sup>1</sup> <br>|  | &nbsp;&nbsp;&nbsp; 88123141 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 88123141 |
| Short-Term Investments <sup>1</sup> <br>| 7845749 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 7845749 |
| **Total** | **$7845749** | &nbsp;&nbsp; **$1441825012** | &nbsp;&nbsp; **$—** | &nbsp;&nbsp; **$1449670761** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> As categorized in the Portfolio Holdings.

**112**

------

Schwab Taxable Bond Funds

**Notes to Portfolio Holdings (Unaudited)** 

------

Pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended (the 1940 Act), the Board of Trustees (the Board) has designated authority to a Valuation Designee, the funds' investment adviser, to make fair valuation determinations under adopted procedures, subject to Board oversight. The investment adviser has formed a Pricing Committee to administer the pricing and valuation of portfolio securities and other assets and liabilities as well as to ensure that prices used for internal purposes or provided by third parties reasonably reflect fair value. The Valuation Designee may utilize independent pricing services, quotations from securities and financial instrument dealers and other market sources to determine fair value.

Securities held in the funds' portfolio are valued every business day. The following valuation policies and procedures are used by the Valuation Designee to value various types of securities:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● **Bonds and notes:** Fixed income investments are generally valued using an evaluated price at the mid-point of the bid/ask spread provided by an approved, independent pricing service (mid-price). To determine the evaluated mid-price, a pricing service may use a variety of techniques and inputs. Techniques may include, but are not limited to, spread models that calculate an investment-specific price relative to a benchmark or yield curve models that establish a price based on yields of comparable bonds along a range of maturities. Inputs differ by valuation approach and techniques, as appropriate, and examples of inputs may include, but are not limited to, interest rates, market conditions, comparable bonds, market trades, projected cash flows, credit reviews and issuer news.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● **Short-term securities (60 days or less to maturity):** Securities with remaining maturities of 60 days or less are generally valued at an evaluated price; however, such securities may be valued at their amortized cost if it approximates the security's fair value.

&nbsp;&nbsp;&nbsp;&nbsp;● **Mutual funds:** Mutual funds are valued at their respective net asset values (NAVs).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● **Securities for which no quoted value is available:** The Valuation Designee has adopted procedures to fair value a fund's securities when market prices are not "readily available" or are unreliable. For example, a security may be fair valued when it's de-listed or its trading is halted or suspended; when a security's primary pricing source is unable or unwilling to provide a price; or when a security's primary trading market is closed during regular market hours. Fair value determinations are made in good faith in accordance with adopted valuation procedures. The Valuation Designee considers a number of factors, including unobservable market inputs, when arriving at fair value. The Valuation Designee may employ methods such as the review of related or comparable assets or liabilities, related market activities, recent transactions, market multiples, book values, transactional back-testing, disposition analysis and other relevant information. Due to the subjective and variable nature of fair value pricing, there can be no assurance that a fund could obtain the fair value assigned to the security upon the sale of such security.

In accordance with the authoritative guidance on fair value measurements and disclosures under generally accepted accounting principles in the United States of America (GAAP), the funds disclose the fair value of their investments in a hierarchy that prioritizes the significant inputs to valuation methods used to measure the fair value. The hierarchy gives the highest priority to valuations based upon unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to valuations based upon unobservable inputs that are significant to the valuation (Level 3 measurements). If inputs used to measure the financial instruments fall within different levels of the hierarchy, the categorization is based on the lowest level input that is significant to the valuation. If it is determined that either the volume and/or level of activity for an asset or liability has significantly decreased (from normal conditions for that asset or liability) or price quotations or observable inputs are not associated with orderly transactions, increased analysis and the Valuation Designee's judgment will be required to estimate fair value.

The three levels of the fair value hierarchy are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 1 — quoted prices in active markets for identical investments — Investments whose values are based on quoted market prices in active markets. These generally include active listed equities, mutual funds, exchange-traded funds (ETFs) and futures contracts. Mutual funds and ETFs are classified as Level 1 prices, without consideration to the classification level of the underlying securities held which could be Level 1, Level 2 or Level 3 in the fair value hierarchy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 2 — other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) — Investments that trade in markets that are not considered to be active, but whose values are based on quoted market prices, dealer quotations or valuations provided by alternative pricing sources supported by observable inputs are classified as Level 2 prices. These generally include forward foreign currency exchange contracts, U.S. government and sovereign obligations, most government agency securities, investment-grade corporate bonds, certain mortgage products, less liquid listed equities, and state, municipal and provincial obligations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 3 — significant unobservable inputs (including the Valuation Designee's assumptions in determining the fair value of investments) — Investments whose values are classified as Level 3 prices have significant unobservable inputs, as they may trade infrequently or not at all. When observable prices are not readily available for these securities, one or more valuation methods are used for which sufficient and reliable data is available. The inputs used in estimating the value of Level 3 prices may include the original transaction price, quoted prices for similar securities or assets in active markets, completed or pending

**113**

------

Schwab Taxable Bond Funds

**Notes to Portfolio Holdings (Unaudited) (continued)**

------

third-party transactions in the underlying investment or comparable issuers, and changes in financial ratios or cash flows. Level 3 prices may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such discount estimated in the absence of market information. Assumptions used due to the lack of observable inputs may significantly impact the resulting fair value and therefore a fund's results of operations.

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The levels associated with valuing the funds' investments as of May 31, 2025, are disclosed in each fund's Portfolio Holdings.

REG89450MAY25

**114**

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** SCHWAB INVESTMENTS

- **b. Investment Company Act file number:** 811-06200

- **c. CIK number of Registrant:** 0000869365

- **d. LEI of Registrant:** 549300V41RCJNTEW5K68

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

  - **Street Address 1:** 211 MAIN STREET

  - **City:** SAN FRANCISCO

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-648-5300

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

- **a. Name of Series:** Schwab U.S. Aggregate Bond Index Fund

- **b. EDGAR series identifier (if any):** S000056207

- **c. LEI of Series:** 549300TE25ZKVNXKCS55

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**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:** $5389953409.85

**Total Liabilities:** $69292828.30

**Net Assets:** $5320660581.55

**Delayed Delivery Securities:** $48786342.70

**Cash Not Reported:** $1317500.20

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 28478.28000000 | **1-Year:** 24660.21000000 | **5-Year:** 171375.61000000 | **10-Year:** 372821.30000000 | **30-Year:** 1171658.81000000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 252.37000000 | **30-Year:** 1910.07000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000176960 | 0.00%                | 0.45%                | -0.78%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-518593.47              | $-16115979.50                              |
| Month 2  | $-8149769.65             | $11008819.90                               |
| Month 3  | $-3321001.90             | $-53921055.97                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                                       | CUSIP: 65535HAQ2<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $184964.00    | 0.00%             | 2030-01-16      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWAV5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4256044 | PA      | $3150833.83   | 0.06%             | 2051-01-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Micron Technology Inc                                                            | Micron Technology Inc                                                                     | CUSIP: 595112BN2<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101514.00    | 0.00%             | 2029-02-06      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D56C1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    260605 | PA      | $231083.01    | 0.00%             | 2035-09-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650DT4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251562.50    | 0.00%             | 2030-02-21      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Crown Castle International Corp                                                  | Crown Castle Inc                                                                          | CUSIP: 22822VAC5<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    100000 | PA      | $98934.00     | 0.00%             | 2026-06-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| XCEL ENERGY INC                                                                  | Xcel Energy Inc                                                                           | CUSIP: 98389BAW0<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91483.00     | 0.00%             | 2029-12-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179QPG0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    138926 | PA      | $127087.35    | 0.00%             | 2044-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EUZ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    765695 | PA      | $744146.15    | 0.01%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XGV30<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3965366 | PA      | $3408013.76   | 0.06%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D4Y5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2778019 | PA      | $2275810.46   | 0.04%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GKP3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    400000 | PA      | $398180.00    | 0.01%             | 2028-04-27      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                               | CUSIP: 59156RBL1<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87018.00     | 0.00%             | 2044-12-15      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                             | CUSIP: 744448CK5<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |     40000 | PA      | $32447.60     | 0.00%             | 2044-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 912828YD6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4600000 | PA      | $4451757.82   | 0.08%             | 2026-08-31      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK OP LLC                                                                | Healthpeak OP LLC                                                                         | CUSIP: 42250GAA1<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              |  | US        |     95000 | PA      | $94041.45     | 0.00%             | 2035-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CENCORA INC                                                                      | Cencora Inc                                                                               | CUSIP: 03073EAT2<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |    200000 | PA      | $178636.00    | 0.00%             | 2031-03-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Brixmor Operating Partnership LP                                                 | Brixmor Operating Partnership LP                                                          | CUSIP: 11120VAE3<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |    100000 | PA      | $98717.00     | 0.00%             | 2027-03-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128K0SW4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     17215 | PA      | $17683.76     | 0.00%             | 2035-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TLU7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     30891 | PA      | $29799.19     | 0.00%             | 2047-11-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                                                        | Morgan Stanley Bank of America Merrill Lynch Trust 2016-C28                               | CUSIP: 61766LBS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1300000 | PA      | $1285626.42   | 0.02%             | 2049-01-15      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QBPF9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    216642 | PA      | $194987.90    | 0.00%             | 2049-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132GRUE9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    140704 | PA      | $130459.21    | 0.00%             | 2042-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138E2LH6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    193383 | PA      | $179067.14    | 0.00%             | 2042-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EXV6<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200064.00    | 0.00%             | 2027-07-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                                | CUSIP: 14040HCJ2<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $171066.00    | 0.00%             | 2032-11-02      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | Mastercard Inc                                                                            | CUSIP: 57636QAT1<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    150000 | PA      | $95647.50     | 0.00%             | 2051-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Valero Energy Corp                                                               | Valero Energy Corp                                                                        | CUSIP: 91913YAE0<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |    150000 | PA      | $168937.50    | 0.00%             | 2032-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                                                         | American Water Capital Corp                                                               | CUSIP: 03040WAZ8<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |    200000 | PA      | $131618.00    | 0.00%             | 2051-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MER1<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     75000 | PA      | $56430.00     | 0.00%             | 2043-05-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738ECH6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $269310.00    | 0.01%             | 2034-06-27      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6BN9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    628685 | PA      | $567829.79    | 0.01%             | 2037-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335BAL0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    120353 | PA      | $112459.74    | 0.00%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CGQ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19050000 | PA      | $19097625.00  | 0.36%             | 2030-02-28      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PES1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    500000 | PA      | $490055.00    | 0.01%             | 2045-11-29      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| SAFEHOLD GL HOLDINGS LLC                                                         | Safehold GL Holdings LLC                                                                  | CUSIP: 785931AA4<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              |  | US        |     75000 | PA      | $76480.50     | 0.00%             | 2034-04-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| NNN REIT INC                                                                     | NNN REIT Inc                                                                              | CUSIP: 637417AP1<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              |  | US        |    100000 | PA      | $62068.00     | 0.00%             | 2050-04-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                           | Canadian Imperial Bank of Commerce                                                        | CUSIP: 13607HR61<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $196624.00    | 0.00%             | 2027-04-07      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                                       | CUSIP: 459058KT9<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |   1000000 | PA      | $987720.00    | 0.02%             | 2028-07-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJXQ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    194148 | PA      | $170989.98    | 0.00%             | 2046-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJXK1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    610531 | PA      | $557021.42    | 0.01%             | 2045-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                                   | CUSIP: 06418GAH0<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $152916.00    | 0.00%             | 2027-06-04      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC                                                               | Analog Devices Inc                                                                        | CUSIP: 032654AW5<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |    200000 | PA      | $142514.00    | 0.00%             | 2041-10-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810TL2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10300000 | PA      | $8814546.88   | 0.17%             | 2052-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QGE60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1953784 | PA      | $1596297.51   | 0.03%             | 2050-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BRITISH COLUMBIA PROV OF                                                         | Province of British Columbia Canada                                                       | CUSIP: 11070TAN8<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |    700000 | PA      | $711424.00    | 0.01%             | 2028-01-24      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DRP9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    257337 | PA      | $219611.30    | 0.00%             | 2040-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                                                         | Benchmark 2019-B10 Mortgage Trust                                                         | CUSIP: 08162VAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5090000 | PA      | $4881907.06   | 0.09%             | 2062-03-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL HEALTH SVCS                                                            | Universal Health Services Inc                                                             | CUSIP: 913903BC3<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93960.00     | 0.00%             | 2034-10-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| KEYCORP                                                                          | KeyCorp                                                                                   | CUSIP: 49326EEJ8<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91181.00     | 0.00%             | 2029-10-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YEF8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    575000 | PA      | $480429.75    | 0.01%             | 2036-09-16      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange Inc                                                    | Intercontinental Exchange Inc                                                             | CUSIP: 45866FAF1<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97464.00     | 0.00%             | 2027-09-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                                       | CUSIP: 65535HAW9<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $193276.00    | 0.00%             | 2026-07-14      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| SIXTH STREET SPECIALTY                                                           | Sixth Street Specialty Lending Inc                                                        | CUSIP: 83012AAC3<br>LEI: 549300TX61566GJWCN05 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76296.00     | 0.00%             | 2029-03-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                               | CUSIP: 68389XBU8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    400000 | PA      | $388652.00    | 0.01%             | 2027-04-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| CF Industries Inc                                                                | CF Industries Inc                                                                         | CUSIP: 12527GAD5<br>LEI: 5FVKT86LAD2F40NPC183 | Long             | DBT              | CORP              | US        |    175000 | PA      | $150178.00    | 0.00%             | 2043-06-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400HM8<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84327.00     | 0.00%             | 2032-02-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650DX5<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201832.00    | 0.00%             | 2031-01-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                               | CUSIP: 29444UBH8<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |    200000 | PA      | $176700.00    | 0.00%             | 2030-07-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                                                                | Brown & Brown Inc                                                                         | CUSIP: 115236AC5<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    150000 | PA      | $130066.50    | 0.00%             | 2031-03-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GML0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    500000 | PA      | $507770.00    | 0.01%             | 2031-01-24      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YBS7<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $241730.00    | 0.00%             | 2027-07-09      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| EVERGY INC                                                                       | Evergy Inc                                                                                | CUSIP: 30034WAB2<br>LEI: 549300PGTHDQY6PSUI61 | Long             | DBT              | CORP              | US        |    250000 | PA      | $233052.50    | 0.00%             | 2029-09-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WGBA1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    153462 | PA      | $139826.20    | 0.00%             | 2045-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                               | CUSIP: 68389XAW5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    205000 | PA      | $169049.15    | 0.00%             | 2044-07-08      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                                                      | Target Corp                                                                               | CUSIP: 87612EBP0<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197156.00    | 0.00%             | 2032-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | Boeing Co/The                                                                             | CUSIP: 097023DT9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    475000 | PA      | $507414.00    | 0.01%             | 2054-05-01      | Fixed         | 6.86%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                                                 | LPL Holdings Inc                                                                          | CUSIP: 50212YAL8<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150913.50    | 0.00%             | 2030-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NCH2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195948.00    | 0.00%             | 2028-05-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                                      | CUSIP: 743315AT0<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80630.00     | 0.00%             | 2048-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc                                                   | American Electric Power Co Inc                                                            | CUSIP: 025537AM3<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99158.00     | 0.00%             | 2028-12-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Time Warner Cable LLC                                                            | Time Warner Cable LLC                                                                     | CUSIP: 88732JAJ7<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |    325000 | PA      | $327054.00    | 0.01%             | 2037-05-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                                                       | Zoetis Inc                                                                                | CUSIP: 98978VAH6<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |    195000 | PA      | $173667.00    | 0.00%             | 2043-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XBJ8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    100000 | PA      | $92473.00     | 0.00%             | 2028-01-31      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| TELEDYNE FLIR LLC                                                                | Teledyne FLIR LLC                                                                         | CUSIP: 302445AE1<br>LEI: 5493000HDPX16EHNN346 | Long             | DBT              | CORP              | US        |    150000 | PA      | $134203.50    | 0.00%             | 2030-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162BH2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73034.25     | 0.00%             | 2042-06-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818FH6<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    200000 | PA      | $182952.00    | 0.00%             | 2030-02-05      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967HS3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137539.50    | 0.00%             | 2044-05-06      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Panama Government International Bonds                                            | Panama Government International Bonds                                                     | CUSIP: 698299BZ6<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    200000 | PA      | $195394.00    | 0.00%             | 2057-03-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| OGLETHORPE POWER CORP                                                            | Oglethorpe Power Corp                                                                     | CUSIP: 677050AY2<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96527.00     | 0.00%             | 2055-02-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833DW7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    475000 | PA      | $290301.00    | 0.01%             | 2050-05-11      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LBG5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $134998.00    | 0.00%             | 2051-09-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                                                      | Bell Telephone Co of Canada or Bell Canada                                                | CUSIP: 0778FPAM1<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $148206.00    | 0.00%             | 2034-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CAH4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7400000 | PA      | $6866679.71   | 0.13%             | 2027-08-31      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| UPMC                                                                             | UPMC                                                                                      | CUSIP: 90320WAH6<br>LEI: 5493001YCBUGKVU74S74 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93780.00     | 0.00%             | 2043-05-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Celulosa Arauco y Constitucion SA                                                | Celulosa Arauco y Constitucion SA                                                         | CUSIP: 151191BD4<br>LEI: 549300QEKV8G0AMNQD28 | Long             | DBT              | CORP              | CL        |    200000 | PA      | $173006.00    | 0.00%             | 2047-11-02      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                                                          | Jefferies Financial Group Inc                                                             | CUSIP: 472319AE2<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103544.00    | 0.00%             | 2027-06-08      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                         | CUSIP: 24703TAF3<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102891.00    | 0.00%             | 2027-07-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810SE9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8600000 | PA      | $6652906.25   | 0.13%             | 2048-11-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ADB8<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192032.00    | 0.00%             | 2054-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VCB7<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $63972.00     | 0.00%             | 2053-02-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VQT0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    819729 | PA      | $717449.06    | 0.01%             | 2050-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 6174468P7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    600000 | PA      | $569214.00    | 0.01%             | 2031-04-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NCT6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    750000 | PA      | $745620.00    | 0.01%             | 2028-10-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| SKYWORKS SOLUTIONS INC                                                           | Skyworks Solutions Inc                                                                    | CUSIP: 83088MAL6<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86973.00     | 0.00%             | 2031-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140EVJC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    159810 | PA      | $145609.71    | 0.00%             | 2046-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                                | CUSIP: 31428XCK0<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |    150000 | PA      | $129349.50    | 0.00%             | 2031-05-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                               | Meta Platforms Inc                                                                        | CUSIP: 30303M8H8<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    600000 | PA      | $570072.00    | 0.01%             | 2032-08-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Boardwalk Pipelines LP                                                           | Boardwalk Pipelines LP                                                                    | CUSIP: 096630AG3<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100384.00    | 0.00%             | 2029-05-03      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D53R1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    275425 | PA      | $257724.63    | 0.00%             | 2034-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418ECG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    772264 | PA      | $650194.99    | 0.01%             | 2042-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FBQ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    525000 | PA      | $427003.50    | 0.01%             | 2036-11-15      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YCL1<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $203606.00    | 0.00%             | 2028-09-13      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| Lincoln National Corp                                                            | Lincoln National Corp                                                                     | CUSIP: 534187BF5<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49266.00     | 0.00%             | 2026-12-12      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                                                            | Alibaba Group Holding Ltd                                                                 | CUSIP: 01609WAZ5<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    300000 | PA      | $193257.00    | 0.00%             | 2051-02-09      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| SKYWORKS SOLUTIONS INC                                                           | Skyworks Solutions Inc                                                                    | CUSIP: 83088MAK8<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96857.00     | 0.00%             | 2026-06-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| HOSPITAL SPECIAL SURGERY                                                         | NY Society for Relief of Ruptured & Crippled Maintaining Hosp Special Surgery             | CUSIP: 44107HAF9<br>LEI: 549300U0XV0GGBTV6I72 | Long             | DBT              | CORP              | US        |     50000 | PA      | $29289.00     | 0.00%             | 2050-10-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| BHP BILLITON FIN USA LTD                                                         | BHP Billiton Finance USA Ltd                                                              | CUSIP: 055451BB3<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | CORP              | AU        |    150000 | PA      | $151629.00    | 0.00%             | 2026-09-08      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                                                          | Astrazeneca Finance LLC                                                                   | CUSIP: 04636NAA1<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |    250000 | PA      | $242805.00    | 0.00%             | 2026-05-28      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Republic of Poland Government International Bonds                                | Republic of Poland Government International Bonds                                         | CUSIP: 731011AX0<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    250000 | PA      | $251785.00    | 0.00%             | 2029-03-18      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WG51<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    332932 | PA      | $300118.07    | 0.01%             | 2051-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XBC3<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    100000 | PA      | $87972.00     | 0.00%             | 2030-06-15      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| SEMPRA                                                                           | Sempra                                                                                    | CUSIP: 816851BG3<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194628.00    | 0.00%             | 2028-02-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| PHILLIPS EDISON GROCERY                                                          | Phillips Edison Grocery Center Operating Partnership I LP                                 | CUSIP: 71845JAA6<br>LEI: 549300WUPIVS6ZE0ZI51 | Long             | DBT              |  | US        |    100000 | PA      | $85219.00     | 0.00%             | 2031-11-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| MIDAMERICAN ENERGY CO                                                            | MidAmerican Energy Co                                                                     | CUSIP: 595620AY1<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |    175000 | PA      | $174601.00    | 0.00%             | 2054-09-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818FY9<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     75000 | PA      | $56676.00     | 0.00%             | 2042-02-14      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc                                                   | American Electric Power Co Inc                                                            | CUSIP: 025537AP6<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |     75000 | PA      | $47468.25     | 0.00%             | 2050-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128LXGB0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     26056 | PA      | $26329.44     | 0.00%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                               | Royalty Pharma PLC                                                                        | CUSIP: 78081BAP8<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $93424.50     | 0.00%             | 2051-09-02      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust                                       | JPMBB Commercial Mortgage Securities Trust 2015-C33                                       | CUSIP: 46645JAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    244236 | PA      | $243368.10    | 0.00%             | 2048-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VBT0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    175000 | PA      | $189068.25    | 0.00%             | 2043-09-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DU4X2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3401311 | PA      | $3322296.77   | 0.06%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135CQ7<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    350000 | PA      | $356674.50    | 0.01%             | 2029-12-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 912828V98<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8442600 | PA      | $8207790.19   | 0.15%             | 2027-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XCF6<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |    150000 | PA      | $137571.00    | 0.00%             | 2053-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                                                              | Estee Lauder Cos Inc/The                                                                  | CUSIP: 29736RAK6<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |    100000 | PA      | $75509.00     | 0.00%             | 2047-03-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                                                     | AutoZone Inc                                                                              | CUSIP: 053332BH4<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $108783.00    | 0.00%             | 2033-11-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJXF2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     94535 | PA      | $89015.86     | 0.00%             | 2045-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738EBR5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $174846.00    | 0.00%             | 2032-03-10      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| Oncor Electric Delivery Co LLC                                                   | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JBH6<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97909.00     | 0.00%             | 2028-11-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                              | CUSIP: 29250NCB9<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $153379.50    | 0.00%             | 2029-04-05      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                                 | Altria Group Inc                                                                          | CUSIP: 02209SBK8<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76278.00     | 0.00%             | 2050-05-06      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| EATON CORP                                                                       | Eaton Corp                                                                                | CUSIP: 278062AH7<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |    300000 | PA      | $287415.00    | 0.01%             | 2033-03-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 913017CJ6<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    225000 | PA      | $167895.00    | 0.00%             | 2046-11-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ERAQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    291701 | PA      | $261121.65    | 0.00%             | 2044-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                                       | CUSIP: 25746UBM0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87552.00     | 0.00%             | 2041-08-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                                                  | Deere & Co                                                                                | CUSIP: 244199BG9<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $64326.00     | 0.00%             | 2049-09-07      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                                        | CUSIP: 74456QCT1<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92890.00     | 0.00%             | 2054-08-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                                                             | WEC Energy Group Inc                                                                      | CUSIP: 92939UAD8<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |    200000 | PA      | $186132.00    | 0.00%             | 2027-10-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ENC56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    215038 | PA      | $210820.72    | 0.00%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NBK6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     50000 | PA      | $43329.00     | 0.00%             | 2044-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NBM2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    250000 | PA      | $232672.50    | 0.00%             | 2034-08-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179X2K1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    952797 | PA      | $928629.29    | 0.02%             | 2053-05-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CV43<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    151478 | PA      | $145468.06    | 0.00%             | 2048-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                                  | CUSIP: 298785KE5<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    750000 | PA      | $758865.00    | 0.01%             | 2031-10-10      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | Port Authority of New York & New Jersey                                                   | CUSIP: 73358WEK6<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    200000 | PA      | $179064.00    | 0.00%             | 2051-10-01      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J5SL4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    393769 | PA      | $376719.54    | 0.01%             | 2032-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                                                         | Omega Healthcare Investors Inc                                                            | CUSIP: 681936BF6<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              |  | US        |    150000 | PA      | $149710.50    | 0.00%             | 2027-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119CU1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251465.00    | 0.00%             | 2034-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140HHTP0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    292220 | PA      | $272440.87    | 0.01%             | 2048-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PDC7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    450000 | PA      | $438808.50    | 0.01%             | 2033-04-26      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                                                         | Baxter International Inc                                                                  | CUSIP: 071813BY4<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96783.00     | 0.00%             | 2030-04-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MFV1<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    125000 | PA      | $126093.75    | 0.00%             | 2033-08-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust 2017-C6                                            | UBS Commercial Mortgage Trust 2017-C6                                                     | CUSIP: 90276UAX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1200000 | PA      | $1168789.20   | 0.02%             | 2050-12-15      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VEU4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    700000 | PA      | $685440.00    | 0.01%             | 2029-12-03      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810SN9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11200000 | PA      | $5233375.06   | 0.10%             | 2050-05-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                               | CUSIP: 29444UBL9<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |    250000 | PA      | $231707.50    | 0.00%             | 2028-03-15      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PEA0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    450000 | PA      | $453190.50    | 0.01%             | 2028-01-23      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| Aflac Inc                                                                        | Aflac Inc                                                                                 | CUSIP: 001055BJ0<br>LEI: 549300N0B7DOGLXWPP39 | Long             | DBT              | CORP              | US        |    250000 | PA      | $241235.00    | 0.00%             | 2030-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                               | CUSIP: 797440BK9<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51586.00     | 0.00%             | 2039-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                                                         | CenterPoint Energy Houston Electric LLC                                                   | CUSIP: 15189XBF4<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98494.00     | 0.00%             | 2035-03-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Federal Realty Investment Trust                                                  | Federal Realty OP LP                                                                      | CUSIP: 313747BA4<br>LEI: 549300LI6XZ51GOCJ427 | Long             | DBT              |  | US        |    100000 | PA      | $94501.00     | 0.00%             | 2030-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U2F9<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    400000 | PA      | $394320.00    | 0.01%             | 2027-06-17      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                         | CUSIP: 29379VCH4<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    250000 | PA      | $233822.50    | 0.00%             | 2055-02-16      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC                                                                       | Nasdaq Inc                                                                                | CUSIP: 63111XAJ0<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205174.00    | 0.00%             | 2034-02-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                                                  | Cigna Group/The                                                                           | CUSIP: 125523CT5<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203108.00    | 0.00%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QKR91<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2139943 | PA      | $1765648.46   | 0.03%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175CM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $203626.00    | 0.00%             | 2026-11-10      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CYM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     90984 | PA      | $84825.54     | 0.00%             | 2048-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                                            | Entergy Louisiana LLC                                                                     | CUSIP: 29364WBE7<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |     75000 | PA      | $63931.50     | 0.00%             | 2030-12-15      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822BU7<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $219382.50    | 0.00%             | 2030-07-17      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                                    | Boeing Co/The                                                                             | CUSIP: 097023CH6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147745.50    | 0.00%             | 2026-05-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J8F40<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    155411 | PA      | $143905.49    | 0.00%             | 2047-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Orange SA                                                                        | Orange SA                                                                                 | CUSIP: 35177PAL1<br>LEI: 969500MCOONR8990S771 | Long             | DBT              | CORP              | FR        |    475000 | PA      | $574104.00    | 0.01%             | 2031-03-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422ETH2<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98321.00     | 0.00%             | 2026-06-10      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY SOUTH                                                            | Dominion Energy South Carolina Inc                                                        | CUSIP: 25731VAB0<br>LEI: 3QRVFYR22IUIEOORTK28 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105005.00    | 0.00%             | 2053-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179MCZ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    316505 | PA      | $290393.20    | 0.01%             | 2042-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D2U5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    529630 | PA      | $430711.09    | 0.01%             | 2041-07-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076CQ3<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    300000 | PA      | $212712.00    | 0.00%             | 2052-04-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CDQ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10600000 | PA      | $10161093.75  | 0.19%             | 2026-12-31      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                           | CUSIP: 842587CW5<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    125000 | PA      | $112786.25    | 0.00%             | 2036-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179R4D8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    317955 | PA      | $280972.32    | 0.01%             | 2046-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MARTIN MARIETTA MATERIAL                                                         | Martin Marietta Materials Inc                                                             | CUSIP: 573284BB1<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |    125000 | PA      | $117096.25    | 0.00%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DN73<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    153092 | PA      | $142504.64    | 0.00%             | 2035-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MT SINAI HOSPITAL                                                                | Mount Sinai Hospital/The                                                                  | CUSIP: 623115AF9<br>LEI: 549300IJEDK5LH7YPT15 | Long             | DBT              | CORP              | US        |    150000 | PA      | $89347.50     | 0.00%             | 2050-07-01      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967KN0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    450000 | PA      | $445743.00    | 0.01%             | 2026-05-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| PUB SVC NEW HAMP                                                                 | Public Service Co of New Hampshire                                                        | CUSIP: 744538AE9<br>LEI: 549300SHPFALUPKK2351 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86989.00     | 0.00%             | 2031-06-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                                                         | Prudential Financial Inc                                                                  | CUSIP: 74432QCF0<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    300000 | PA      | $214530.00    | 0.00%             | 2051-03-13      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                                                 | LPL Holdings Inc                                                                          | CUSIP: 50212YAM6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |     95000 | PA      | $93834.35     | 0.00%             | 2035-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                                                            | AvalonBay Communities Inc                                                                 | CUSIP: 05348EBH1<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |    150000 | PA      | $133347.00    | 0.00%             | 2031-01-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                                   | CUSIP: 824348BP0<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |    100000 | PA      | $59268.00     | 0.00%             | 2052-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081GT8<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154605.00    | 0.00%             | 2029-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J9QZ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    160290 | PA      | $167297.93    | 0.00%             | 2041-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FIRST AMERICAN FINANCIAL                                                         | First American Financial Corp                                                             | CUSIP: 31847RAJ1<br>LEI: 549300B6VEZK3N0A1P55 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72833.25     | 0.00%             | 2034-09-30      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON & CO                                                            | Becton Dickinson & Co                                                                     | CUSIP: 075887BG3<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    250000 | PA      | $211577.50    | 0.00%             | 2044-12-15      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                                           | Santander Holdings USA Inc                                                                | CUSIP: 80282KBQ8<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151716.00    | 0.00%             | 2031-03-20      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418MT36<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    229103 | PA      | $230660.58    | 0.00%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KDE7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    275000 | PA      | $276146.75    | 0.01%             | 2055-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138X0Y28<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     79254 | PA      | $70946.01     | 0.00%             | 2043-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810RN0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3588200 | PA      | $2624712.25   | 0.05%             | 2045-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                                                     | Synopsys Inc                                                                              | CUSIP: 871607AC1<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |    350000 | PA      | $353104.50    | 0.01%             | 2030-04-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Canadian Natural Resources Ltd                                                   | Canadian Natural Resources Ltd                                                            | CUSIP: 136385AP6<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $156450.00    | 0.00%             | 2039-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400HW6<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100138.00    | 0.00%             | 2026-06-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WG44<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    822030 | PA      | $717574.91    | 0.01%             | 2051-06-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216CM0<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138408.00    | 0.00%             | 2029-09-06      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE OP CO                                                             | Public Storage Operating Co                                                               | CUSIP: 74460DAH2<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              |  | US        |    100000 | PA      | $92455.00     | 0.00%             | 2028-11-09      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Equinor ASA                                                                      | Equinor ASA                                                                               | CUSIP: 29446MAB8<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |    300000 | PA      | $294744.00    | 0.01%             | 2028-09-10      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| NOVANT HEALTH INC                                                                | Novant Health Inc                                                                         | CUSIP: 66988AAG9<br>LEI: 549300ZUXEGFGE8EP917 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76822.00     | 0.00%             | 2036-11-01      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| HIGHWOODS REALTY LP                                                              | Highwoods Realty LP                                                                       | CUSIP: 431282AT9<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              |  | US        |    100000 | PA      | $85078.00     | 0.00%             | 2031-02-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752AB9<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    300000 | PA      | $294687.00    | 0.01%             | 2027-12-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111GG2<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149214.00    | 0.00%             | 2053-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LEND                                                          | Blackstone Secured Lending Fund                                                           | CUSIP: 09261XAG7<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92346.00     | 0.00%             | 2028-09-30      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                                      | CUSIP: 94106LBY4<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    125000 | PA      | $127068.75    | 0.00%             | 2031-07-03      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                         | Lloyds Banking Group PLC                                                                  | CUSIP: 539439AR0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $298293.00    | 0.01%             | 2028-03-22      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EYQ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    552901 | PA      | $576489.13    | 0.01%             | 2053-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                         | CUSIP: 478160BJ2<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148129.50    | 0.00%             | 2033-12-05      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Owens Corning                                                                    | Owens Corning                                                                             | CUSIP: 690742AG6<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78851.00     | 0.00%             | 2047-07-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MCQ1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $145970.00    | 0.00%             | 2042-01-14      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA Inc                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264AAT2<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150066.00    | 0.00%             | 2027-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VBT9<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149035.50    | 0.00%             | 2028-10-16      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 75513ECB5<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88749.00     | 0.00%             | 2041-12-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ARROW ELECTRONICS INC                                                            | Arrow Electronics Inc                                                                     | CUSIP: 04273WAC5<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85605.00     | 0.00%             | 2032-02-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                | Wells Fargo & Co.                                                                         | CUSIP: 929903AM4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    130000 | PA      | $129524.20    | 0.00%             | 2035-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 912828YS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6350000 | PA      | $5796607.41   | 0.11%             | 2029-11-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CHICAGO                                                            | University of Chicago/The                                                                 | CUSIP: 91412NBD1<br>LEI: 54930099Y7GU6182V326 | Long             | DBT              | CORP              | US        |    100000 | PA      | $75969.00     | 0.00%             | 2045-04-01      | Fixed         | 2.76%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DSG48<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    549133 | PA      | $578092.59    | 0.01%             | 2054-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418E4P2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    515042 | PA      | $528692.18    | 0.01%             | 2054-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475AX3<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98179.00     | 0.00%             | 2026-07-23      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| CNH INDUSTRIAL CAP LLC                                                           | CNH Industrial Capital LLC                                                                | CUSIP: 12592BAR5<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102583.00    | 0.00%             | 2029-01-12      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816DN6<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    250000 | PA      | $270515.00    | 0.01%             | 2031-10-30      | Fixed         | 6.49%                 | No            |                  2 | On Loan: No      |
| Hess Corp                                                                        | Hess Corp                                                                                 | CUSIP: 42809HAC1<br>LEI: UASVRYNXNK17ULIGK870 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102959.00    | 0.00%             | 2040-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RFW7<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141495.00    | 0.00%             | 2037-08-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ONE GAS INC                                                                      | ONE Gas Inc                                                                               | CUSIP: 68235PAM0<br>LEI: 549300HXDWI0LATTX840 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71213.25     | 0.00%             | 2032-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 9128286B1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10650000 | PA      | $10186142.55  | 0.19%             | 2029-02-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810RY6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6075000 | PA      | $4233990.26   | 0.08%             | 2047-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                                                          | Arthur J Gallagher & Co                                                                   | CUSIP: 04316JAM1<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100288.00    | 0.00%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 06051GGL7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    350000 | PA      | $344158.50    | 0.01%             | 2028-04-24      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | Moody's Corp                                                                              | CUSIP: 615369AT2<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65244.00     | 0.00%             | 2050-05-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                                        | CUSIP: 05964HAU9<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    400000 | PA      | $411332.00    | 0.01%             | 2028-08-08      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                                  | CUSIP: 718286CR6<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    200000 | PA      | $183852.00    | 0.00%             | 2032-09-29      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 059438AH4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156426.00    | 0.00%             | 2026-10-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448FY9<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99320.00     | 0.00%             | 2034-07-17      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EERL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    668182 | PA      | $638330.37    | 0.01%             | 2042-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EMERSON ELECTRIC CO                                                              | Emerson Electric Co                                                                       | CUSIP: 291011BM5<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $60804.00     | 0.00%             | 2050-10-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                                               | Vodafone Group PLC                                                                        | CUSIP: 92857WBL3<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $94568.00     | 0.00%             | 2038-05-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214ET6<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $219877.50    | 0.00%             | 2031-06-03      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp                                                       | Capital One Financial Corp                                                                | CUSIP: 14040HCG8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    150000 | PA      | $124255.50    | 0.00%             | 2032-07-29      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| Peru Government International Bonds                                              | Peru Government International Bonds                                                       | CUSIP: 715638BU5<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    250000 | PA      | $249110.00    | 0.00%             | 2027-08-25      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| FORTUNE BRANDS INNOVATIO                                                         | Fortune Brands Innovations Inc                                                            | CUSIP: 34964CAF3<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92321.00     | 0.00%             | 2032-03-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hungary Government International Bond                                            | Hungary Government International Bonds                                                    | CUSIP: 445545AF3<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    300000 | PA      | $333510.00    | 0.01%             | 2041-03-29      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406RBW6<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200166.00    | 0.00%             | 2035-03-14      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                                                          | Astrazeneca Finance LLC                                                                   | CUSIP: 04636NAN3<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301932.00    | 0.01%             | 2034-02-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUTOMATIC DATA PROCESSNG                                                         | Automatic Data Processing Inc                                                             | CUSIP: 053015AH6<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | DBT              | CORP              | US        |    175000 | PA      | $168957.25    | 0.00%             | 2034-09-09      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CLL3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11500000 | PA      | $11376464.82  | 0.21%             | 2027-09-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 949746SH5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    650000 | PA      | $637065.00    | 0.01%             | 2026-10-23      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DMJM8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    884602 | PA      | $853213.20    | 0.02%             | 2046-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY TRANSMISSION                                                         | FirstEnergy Transmission LLC                                                              | CUSIP: 33767BAG4<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99083.00     | 0.00%             | 2030-01-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179RD71<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    122582 | PA      | $111485.04    | 0.00%             | 2045-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475AW5<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    250000 | PA      | $241310.00    | 0.00%             | 2029-04-23      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VEA8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    400000 | PA      | $383784.00    | 0.01%             | 2033-08-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                             | CUSIP: 097023BY0<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77445.00     | 0.00%             | 2038-03-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                                | Johnson & Johnson                                                                         | CUSIP: 478160CX0<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    175000 | PA      | $169790.25    | 0.00%             | 2054-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46625HHF0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    450000 | PA      | $490266.00    | 0.01%             | 2038-05-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111FK4<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    150000 | PA      | $114184.50    | 0.00%             | 2056-12-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                        | Uniform Mortgage-Backed Security, TBA                                                     | CUSIP: 01F052664<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $495082.25    | 0.01%             | 2054-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                                 | CUSIP: 911312BR6<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96804.00     | 0.00%             | 2029-03-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                            | CUSIP: 00914AAG7<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92751.00     | 0.00%             | 2030-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138A2BE8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     71726 | PA      | $66389.08     | 0.00%             | 2040-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                                                  | Cigna Group/The                                                                           | CUSIP: 125523CL2<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    250000 | PA      | $225442.50    | 0.00%             | 2030-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds                                             | Chile Government International Bonds                                                      | CUSIP: 168863CF3<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    250000 | PA      | $242045.00    | 0.00%             | 2028-02-06      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                                                             | Mercedes-Benz Finance North America LLC                                                   | CUSIP: 233835AQ0<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |    250000 | PA      | $294332.50    | 0.01%             | 2031-01-18      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                                                  | Deere & Co                                                                                | CUSIP: 244199BM6<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100806.00    | 0.00%             | 2055-01-19      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Energy Transfer Operating LP                                                     | Energy Transfer Operating LP                                                              | CUSIP: 29273RBE8<br>LEI: 5493008K8W3OKZE54J59 | Long             | DBT              | CORP              | US        |     80000 | PA      | $74997.60     | 0.00%             | 2035-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                                     | NiSource Inc                                                                              | CUSIP: 65473PAQ8<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100407.00    | 0.00%             | 2034-04-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475BB0<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144312.00    | 0.00%             | 2026-08-13      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| TransCanada PipeLines Ltd                                                        | TransCanada PipeLines Ltd                                                                 | CUSIP: 89352HAD1<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |    175000 | PA      | $178671.50    | 0.00%             | 2037-10-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                                              | Gilead Sciences Inc                                                                       | CUSIP: 375558BJ1<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89775.00     | 0.00%             | 2036-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335ANN4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     89665 | PA      | $84421.54     | 0.00%             | 2045-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WestRock MWV LLC                                                                 | WestRock MWV LLC                                                                          | CUSIP: 961548AV6<br>LEI: 4DL8C98Z5G5IXZLH3578 | Long             | DBT              | CORP              | US        |    100000 | PA      | $113772.00    | 0.00%             | 2030-01-15      | Fixed         | 8.20%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CJQ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6950000 | PA      | $6851994.16   | 0.13%             | 2030-12-31      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                           | CUSIP: 842587DR5<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150136.50    | 0.00%             | 2033-06-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| SIXTH STREET LENDING PAR                                                         | Sixth Street Lending Partners                                                             | CUSIP: 829932AE2<br>LEI: 549300S9P1HMDERGCR64 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101086.00    | 0.00%             | 2030-07-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Mylan Inc                                                                        | Mylan Inc                                                                                 | CUSIP: 628530BC0<br>LEI: 30ZMPDNA1RHIBH89C294 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79801.00     | 0.00%             | 2043-11-29      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 3618N5C72<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    650407 | PA      | $658315.26    | 0.01%             | 2054-12-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD                                                               | Athene Holding Ltd                                                                        | CUSIP: 04686JAC5<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92821.00     | 0.00%             | 2031-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172DE6<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155200.50    | 0.00%             | 2033-09-07      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YDM3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    281561 | PA      | $288106.93    | 0.01%             | 2053-08-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PUGET SOUND ENERGY INC                                                           | Puget Sound Energy Inc                                                                    | CUSIP: 745332CL8<br>LEI: 8MNFJR7KOMBQ7X62LK44 | Long             | DBT              | CORP              | US        |     75000 | PA      | $69401.25     | 0.00%             | 2053-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475BE4<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142401.00    | 0.00%             | 2033-06-06      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WCAA1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     71470 | PA      | $67618.11     | 0.00%             | 2044-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                                                             | Kraft Heinz Foods Co                                                                      | CUSIP: 50077LAV8<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    125000 | PA      | $119715.00    | 0.00%             | 2030-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PEB8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    425000 | PA      | $430312.50    | 0.01%             | 2030-01-23      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XAY6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    100000 | PA      | $70671.00     | 0.00%             | 2049-10-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PEY8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    350000 | PA      | $355271.00    | 0.01%             | 2031-04-22      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                                                                     | NiSource Inc                                                                              | CUSIP: 65473QBE2<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    250000 | PA      | $245060.00    | 0.00%             | 2027-05-15      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UEA6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    124426 | PA      | $119833.49    | 0.00%             | 2048-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BGC GROUP INC                                                                    | BGC Group Inc                                                                             | CUSIP: 05555LAB7<br>LEI: 2549001IGRCG4F0RLD36 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102790.00    | 0.00%             | 2029-06-10      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36178EDE6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    153336 | PA      | $136409.76    | 0.00%             | 2043-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179MNJ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    269307 | PA      | $255662.88    | 0.00%             | 2042-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMERIPRISE FINANCIAL INC                                                         | Ameriprise Financial Inc                                                                  | CUSIP: 03076CAL0<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98030.00     | 0.00%             | 2032-05-13      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                           | Extra Space Storage LP                                                                    | CUSIP: 30225VAP2<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |     50000 | PA      | $43487.00     | 0.00%             | 2030-10-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Illinois Tool Works Inc                                                          | Illinois Tool Works Inc                                                                   | CUSIP: 452308AR0<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | DBT              | CORP              | US        |    300000 | PA      | $242178.00    | 0.00%             | 2042-09-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds                                             | Chile Government International Bonds                                                      | CUSIP: 168863DW5<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    200000 | PA      | $150184.00    | 0.00%             | 2052-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                                                         | Cheniere Energy Partners LP                                                               | CUSIP: 16411QAK7<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    250000 | PA      | $234065.00    | 0.00%             | 2031-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DQNQ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3329216 | PA      | $2980337.98   | 0.06%             | 2053-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                                | CUSIP: 500630DX3<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $193668.00    | 0.00%             | 2033-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DP48<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    450024 | PA      | $410045.26    | 0.01%             | 2035-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BARINGS BDC INC                                                                  | Barings BDC Inc                                                                           | CUSIP: 06759LAC7<br>LEI: 549300GSF4KFZP6ONG49 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97066.00     | 0.00%             | 2026-11-23      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| TYCO ELECTRONICS GROUP S                                                         | Tyco Electronics Group SA                                                                 | CUSIP: 902133BD8<br>LEI: C33G1C5SYE2YM95EE712 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $97824.00     | 0.00%             | 2035-05-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CJM4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7150000 | PA      | $7273169.90   | 0.14%             | 2030-11-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                               | CUSIP: 438516BZ8<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    200000 | PA      | $177082.00    | 0.00%             | 2030-06-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830BP3<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88491.00     | 0.00%             | 2030-06-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VBF9<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    125000 | PA      | $105150.00    | 0.00%             | 2054-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                              | CUSIP: 883556CT7<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101486.00    | 0.00%             | 2027-11-21      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397E58<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    300000 | PA      | $296139.00    | 0.01%             | 2029-03-08      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PacifiCorp                                                                                | CUSIP: 695114DD7<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199952.00    | 0.00%             | 2034-02-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                                 | CUSIP: 037833BA7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    400000 | PA      | $305132.00    | 0.01%             | 2045-02-09      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822DH4<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $202818.00    | 0.00%             | 2036-01-16      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC                                      | BBCMS Mortgage Trust 2023-C21                                                             | CUSIP: 05553WAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1578380.61   | 0.03%             | 2056-09-15      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111FZ1<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    100000 | PA      | $56616.00     | 0.00%             | 2060-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216DR8<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    175000 | PA      | $177898.00    | 0.00%             | 2034-05-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78016FZQ0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $236077.50    | 0.00%             | 2032-05-04      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                                       | CUSIP: 25746UCZ0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79423.00     | 0.00%             | 2049-03-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Shell International Finance BV                                                   | Shell International Finance BV                                                            | CUSIP: 822582BX9<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $245040.00    | 0.00%             | 2026-09-12      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Boston Scientific Corp                                                           | Boston Scientific Corp                                                                    | CUSIP: 101137AE7<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | DBT              | CORP              | US        |    100000 | PA      | $110604.00    | 0.00%             | 2035-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31416BK72<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     59304 | PA      | $60795.60     | 0.00%             | 2038-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                         | Constellation Brands Inc                                                                  | CUSIP: 21036PBL1<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147133.50    | 0.00%             | 2032-05-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ESSENTIAL UTILITIES INC                                                          | Essential Utilities Inc                                                                   | CUSIP: 29670GAF9<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |     50000 | PA      | $43558.00     | 0.00%             | 2031-05-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                            | CUSIP: 61761J3R8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    600000 | PA      | $590946.00    | 0.01%             | 2026-07-27      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78016HZS2<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $204728.00    | 0.00%             | 2028-08-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D4D1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    175843 | PA      | $162742.97    | 0.00%             | 2036-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH                                                              | Suzano Austria GmbH                                                                       | CUSIP: 86964WAH5<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |    200000 | PA      | $195740.00    | 0.00%             | 2030-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KKC31<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4297346 | PA      | $3412683.46   | 0.06%             | 2050-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418BFA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     96048 | PA      | $94104.76     | 0.00%             | 2034-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280DF3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    450000 | PA      | $449653.50    | 0.01%             | 2028-06-09      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                          | CUSIP: 06368LC53<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $202382.00    | 0.00%             | 2026-12-11      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179RZW2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     70088 | PA      | $70669.92     | 0.00%             | 2046-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tyson Foods Inc                                                                  | Tyson Foods Inc                                                                           | CUSIP: 902494BC6<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |    250000 | PA      | $245557.50    | 0.00%             | 2027-06-02      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                                       | CUSIP: 459058LK7<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $499550.00    | 0.01%             | 2026-08-27      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HPS CORPORATE LENDING FU                                                         | HPS Corporate Lending Fund                                                                | CUSIP: 40440VAK1<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98739.00     | 0.00%             | 2032-04-14      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 94973VAH0<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104352.00    | 0.00%             | 2034-12-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CBQ6<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100552.00    | 0.00%             | 2035-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kinross Gold Corp                                                                | Kinross Gold Corp                                                                         | CUSIP: 496902AQ0<br>LEI: 549300UEBMAQDN0K0R06 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $99882.00     | 0.00%             | 2027-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                                                          | Southern Co Gas Capital Corp                                                              | CUSIP: 8426EPAF5<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99845.00     | 0.00%             | 2032-09-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418ECC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    630952 | PA      | $553784.63    | 0.01%             | 2037-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                                   | CUSIP: 808513BW4<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98297.00     | 0.00%             | 2027-04-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                         | Constellation Brands Inc                                                                  | CUSIP: 21036PBH0<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    150000 | PA      | $128644.50    | 0.00%             | 2031-08-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                                                      | Nutrien Ltd                                                                               | CUSIP: 67077MBB3<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $144454.50    | 0.00%             | 2053-03-27      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822DL5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $254142.50    | 0.00%             | 2036-04-24      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS CO                                                               | Sonoco Products Co                                                                        | CUSIP: 835495AR3<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98810.00     | 0.00%             | 2029-09-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Nationwide Financial Services Inc                                                | Nationwide Financial Services Inc                                                         | CUSIP: 638612AJ0<br>LEI: 5493001H7AZNDS6BKJ36 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39672.80     | 0.00%             | 2037-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119CJ6<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95157.00     | 0.00%             | 2029-03-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DXJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1037915 | PA      | $767180.08    | 0.01%             | 2051-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XDD5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    411809 | PA      | $380066.48    | 0.01%             | 2052-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                          | CUSIP: 22822VAV3<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    150000 | PA      | $143889.00    | 0.00%             | 2026-07-15      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KOREA                                                                | Korea International Bond                                                                  | CUSIP: 50064FAQ7<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $187260.00    | 0.00%             | 2029-06-19      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Retail Properties of America Inc                                                 | Kite Realty Group Trust                                                                   | CUSIP: 76131VAB9<br>LEI: 549300OVTYLM7DH6CM14 | Long             | DBT              |  | US        |    100000 | PA      | $98635.00     | 0.00%             | 2030-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VGJ7<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    700000 | PA      | $620298.00    | 0.01%             | 2031-03-21      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Laboratory Corp of America Holdings                                              | Laboratory Corp of America Holdings                                                       | CUSIP: 50540RAY8<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |    150000 | PA      | $133366.50    | 0.00%             | 2031-06-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418ATC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     44683 | PA      | $43275.15     | 0.00%             | 2033-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Brookfield Finance Inc                                                           | Brookfield Finance Inc                                                                    | CUSIP: 11271LAB8<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    175000 | PA      | $144635.75    | 0.00%             | 2047-09-20      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| MAREX GROUP PLC                                                                  | Marex Group PLC                                                                           | CUSIP: 566539AA0<br>LEI: 549300DWX0SVICJAL507 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $101977.00    | 0.00%             | 2029-11-04      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                                                      | Netflix Inc                                                                               | CUSIP: 64110LBA3<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144412.50    | 0.00%             | 2054-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400JG9<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96982.00     | 0.00%             | 2035-03-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 63743HFR8<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101360.00    | 0.00%             | 2027-05-06      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group Inc                                               | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822AR5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $244197.50    | 0.00%             | 2027-07-25      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                                                         | Northern States Power Co/MN                                                               | CUSIP: 665772CX5<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |    150000 | PA      | $134971.50    | 0.00%             | 2053-05-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FAZ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    557971 | PA      | $582018.38    | 0.01%             | 2054-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                                | CUSIP: 91159HHW3<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140635.50    | 0.00%             | 2029-07-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                                                          | Southern Co Gas Capital Corp                                                              | CUSIP: 001192AK9<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |     75000 | PA      | $61701.75     | 0.00%             | 2043-06-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                                        | CUSIP: 74456QCC8<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65802.00     | 0.00%             | 2050-01-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                                                  | Cigna Group/The                                                                           | CUSIP: 125523CF5<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    270000 | PA      | $229273.20    | 0.00%             | 2046-07-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Federal National Mortgage Association                                                     | CUSIP: 31398AFD9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |    500000 | PA      | $541795.00    | 0.01%             | 2037-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                                       | CUSIP: 14913UAX8<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101919.00    | 0.00%             | 2030-01-08      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140CJ7<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    400000 | PA      | $359424.00    | 0.01%             | 2053-02-10      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418BUP9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    485820 | PA      | $466192.45    | 0.01%             | 2035-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ATMOS ENERGY CORP                                                                | Atmos Energy Corp                                                                         | CUSIP: 049560BB0<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88339.00     | 0.00%             | 2054-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EWX3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150682.50    | 0.00%             | 2026-06-08      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91087BAT7<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    400000 | PA      | $370392.00    | 0.01%             | 2033-05-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| REVVITY INC                                                                      | Revvity Inc                                                                               | CUSIP: 714046AG4<br>LEI: 549300IKL1SDPFI7N655 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141072.00    | 0.00%             | 2029-09-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| ADVOCATE HEALTH CORP                                                             | Advocate Health & Hospitals Corp                                                          | CUSIP: 007589AB0<br>LEI: 549300AEHU3PPOUCIL87 | Long             | DBT              | CORP              | US        |    150000 | PA      | $118432.50    | 0.00%             | 2048-08-15      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CEV9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7300000 | PA      | $7116644.51   | 0.13%             | 2029-06-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417C3W3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    493000 | PA      | $443668.26    | 0.01%             | 2042-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | Louisiana Local Government Environmental Facilities & Community Development Authority     | CUSIP: 54627RAS9<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    250000 | PA      | $252219.13    | 0.00%             | 2034-12-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816DA4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    250000 | PA      | $241497.50    | 0.00%             | 2033-08-03      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| Peru Government International Bonds                                              | Peru Government International Bonds                                                       | CUSIP: 715638DS8<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    250000 | PA      | $182467.50    | 0.00%             | 2041-03-11      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                            | CUSIP: 61746BEG7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    400000 | PA      | $331184.00    | 0.01%             | 2047-01-22      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MMTF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     79515 | PA      | $76821.34     | 0.00%             | 2030-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CRE                                                           | Blackstone Private Credit Fund                                                            | CUSIP: 09261HBW6<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    125000 | PA      | $120497.50    | 0.00%             | 2034-11-22      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CLX7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11000000 | PA      | $11062304.66  | 0.21%             | 2027-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179QT50<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    120392 | PA      | $113737.64    | 0.00%             | 2044-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YRL0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    103324 | PA      | $106465.83    | 0.00%             | 2054-02-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076AS1<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    580000 | PA      | $613396.40    | 0.01%             | 2036-12-16      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081FQ5<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77450.00     | 0.00%             | 2048-03-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WQA9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2861739 | PA      | $2401876.11   | 0.05%             | 2051-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                                        | CUSIP: 74456QAZ9<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    150000 | PA      | $120526.50    | 0.00%             | 2042-05-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                                                     | QUALCOMM Inc                                                                              | CUSIP: 747525BQ5<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97851.00     | 0.00%             | 2032-05-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC                                                           | Roper Technologies Inc                                                                    | CUSIP: 776696AJ5<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194454.00    | 0.00%             | 2034-10-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                                   | CUSIP: 742718FK0<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    100000 | PA      | $75170.00     | 0.00%             | 2050-03-25      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| FORTIVE CORPORATION                                                              | Fortive Corp                                                                              | CUSIP: 34959JAG3<br>LEI: 549300MU9YQJYHDQEF63 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147801.00    | 0.00%             | 2026-06-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 3618N5A58<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    438803 | PA      | $444138.10    | 0.01%             | 2054-11-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS                                                         | Air Products and Chemicals Inc                                                            | CUSIP: 009158BA3<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |    200000 | PA      | $123880.00    | 0.00%             | 2050-05-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| INTL FINANCE CORP                                                                | International Finance Corp                                                                | CUSIP: 45950KDF4<br>LEI: QKL54NQY28TCDAI75F60 | Long             | DBT              | NUSS              | XX        |    250000 | PA      | $251462.50    | 0.00%             | 2027-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| STIFEL FINANCIAL CORP                                                            | Stifel Financial Corp                                                                     | CUSIP: 860630AG7<br>LEI: 549300E5F07FE5GHJX84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95050.00     | 0.00%             | 2030-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP                                                         | Host Hotels & Resorts LP                                                                  | CUSIP: 44107TBB1<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              |  | US        |    100000 | PA      | $98489.00     | 0.00%             | 2034-07-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| NUCOR CORP                                                                       | Nucor Corp                                                                                | CUSIP: 670346AV7<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89715.00     | 0.00%             | 2032-04-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJUB4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    175975 | PA      | $166702.16    | 0.00%             | 2044-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CRE                                                           | Blackstone Private Credit Fund                                                            | CUSIP: 09261HAR8<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95062.00     | 0.00%             | 2029-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WNE4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3075877 | PA      | $2581841.16   | 0.05%             | 2051-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WORKDAY INC                                                                      | Workday Inc                                                                               | CUSIP: 98138HAH4<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145323.00    | 0.00%             | 2029-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CBL7<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140029.50    | 0.00%             | 2054-01-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YCB3<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $882574.00    | 0.02%             | 2049-11-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081GU5<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152595.00    | 0.00%             | 2034-06-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SYS0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     29861 | PA      | $27057.63     | 0.00%             | 2047-03-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CLEVELAND ELECTRIC ILLUM                                                         | Cleveland Electric Illuminating Co/The                                                    | CUSIP: 186108CE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $76789.50     | 0.00%             | 2036-12-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Texas Natural Gas Securitization Finance Corp                                    | Texas Natural Gas Securitization Finance Corp.                                            | CUSIP: 88258MAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $198607.55    | 0.00%             | 2041-04-01      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                                    | CUSIP: 045167GA5<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $501020.00    | 0.01%             | 2027-01-12      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PUGET SOUND ENERGY INC                                                           | Puget Sound Energy Inc                                                                    | CUSIP: 745332CN4<br>LEI: 8MNFJR7KOMBQ7X62LK44 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71692.50     | 0.00%             | 2054-06-15      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M8RR7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    112630 | PA      | $113328.73    | 0.00%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Homes 4 Rent LP                                                         | American Homes 4 Rent LP                                                                  | CUSIP: 02666TAB3<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |    100000 | PA      | $100566.00    | 0.00%             | 2029-02-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UH39<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    168507 | PA      | $152424.51    | 0.00%             | 2048-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CASE WESTERN RESERVE UNI                                                         | Case Western Reserve University                                                           | CUSIP: 14745XAA6<br>LEI: 2YXI7YIWYFWZG3QHF204 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45013.00     | 0.00%             | 2122-06-01      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | Mastercard Inc                                                                            | CUSIP: 57636QBC7<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    225000 | PA      | $218367.00    | 0.00%             | 2035-01-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NCY5<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $152940.00    | 0.00%             | 2039-11-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS CO                                                               | Ameren Illinois Co                                                                        | CUSIP: 02361DAX8<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |    100000 | PA      | $60890.00     | 0.00%             | 2051-06-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                                                         | Duke Energy Progress LLC                                                                  | CUSIP: 144141DD7<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    150000 | PA      | $121287.00    | 0.00%             | 2043-03-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YDS5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    450000 | PA      | $456700.50    | 0.01%             | 2029-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                                                       | Zoetis Inc                                                                                | CUSIP: 98978VAN3<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98839.00     | 0.00%             | 2028-08-20      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                                        | CUSIP: 29273VBB5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    225000 | PA      | $208203.75    | 0.00%             | 2054-09-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | Lloyds Banking Group PLC                                                                  | CUSIP: 53944YAU7<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $196202.00    | 0.00%             | 2033-08-11      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312940NN5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    101645 | PA      | $102329.14    | 0.00%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ADN2<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    200000 | PA      | $178308.00    | 0.00%             | 2055-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GMQ9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    450000 | PA      | $447403.50    | 0.01%             | 2036-02-12      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| SEMPRA                                                                           | Sempra                                                                                    | CUSIP: 816851AP4<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149221.50    | 0.00%             | 2039-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EYS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    347665 | PA      | $355774.22    | 0.01%             | 2038-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                                                     | Alphabet Inc                                                                              | CUSIP: 02079KAD9<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    450000 | PA      | $384768.00    | 0.01%             | 2030-08-15      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| CNA FINANCIAL CORP                                                               | CNA Financial Corp                                                                        | CUSIP: 126117AY6<br>LEI: 549300YX2GSZD7YG1R84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98590.00     | 0.00%             | 2034-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U2A0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    500000 | PA      | $490200.00    | 0.01%             | 2028-05-22      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| INGERSOLL-RAND GL HLD CO                                                         | Trane Technologies Global Holding Co Ltd                                                  | CUSIP: 45687AAG7<br>LEI: 549300UCF0D858BIOV83 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98744.00     | 0.00%             | 2043-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CMF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10400000 | PA      | $10496687.55  | 0.20%             | 2028-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WJ3B2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    138227 | PA      | $131986.07    | 0.00%             | 2032-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Province of British Columbia Canada                                              | Province of British Columbia Canada                                                       | CUSIP: 110709AE2<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |    500000 | PA      | $425380.00    | 0.01%             | 2031-01-29      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DHK1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    391943 | PA      | $324290.58    | 0.01%             | 2049-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LEGGETT & PLATT INC                                                              | Leggett & Platt Inc                                                                       | CUSIP: 524660BA4<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | DBT              | CORP              | US        |    100000 | PA      | $60110.00     | 0.00%             | 2051-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                                        | Amgen Inc                                                                                 | CUSIP: 031162CD0<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    250000 | PA      | $206755.00    | 0.00%             | 2048-06-15      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                                        | CUSIP: 05964HAN5<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $192322.00    | 0.00%             | 2027-09-14      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                            | CUSIP: 00914AAT9<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154455.00    | 0.00%             | 2027-12-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| CNA FINANCIAL CORP                                                               | CNA Financial Corp                                                                        | CUSIP: 126117AX8<br>LEI: 549300YX2GSZD7YG1R84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101101.00    | 0.00%             | 2033-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas LLC                                                        | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CBA1<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91522.00     | 0.00%             | 2030-02-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31419GCZ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1796 | PA      | $1785.95      | 0.00%             | 2025-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                                    | CUSIP: 045167FB4<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $434030.00    | 0.01%             | 2031-03-04      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| BROOKFLD FIN LLC/FIN INC                                                         | Brookfield Finance LLC / Brookfield Finance Inc                                           | CUSIP: 11271RAB5<br>LEI: 549300E643C5WZF8BL44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65452.00     | 0.00%             | 2050-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| REVVITY INC                                                                      | Revvity Inc                                                                               | CUSIP: 714046AH2<br>LEI: 549300IKL1SDPFI7N655 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86635.00     | 0.00%             | 2031-03-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                                                     | QUALCOMM Inc                                                                              | CUSIP: 747525BK8<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    200000 | PA      | $180106.00    | 0.00%             | 2030-05-20      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QB3Q9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1214701 | PA      | $1056838.45   | 0.02%             | 2049-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| OHIO POWER COMPANY                                                               | Ohio Power Co                                                                             | CUSIP: 677415CR0<br>LEI: 06ZODLC132CY1O2Y7D77 | Long             | DBT              | CORP              | US        |     50000 | PA      | $36475.50     | 0.00%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PDR4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    800000 | PA      | $811104.00    | 0.02%             | 2034-06-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                           | CUSIP: 842587CX3<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    300000 | PA      | $242472.00    | 0.00%             | 2046-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418AYE2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     37653 | PA      | $36414.80     | 0.00%             | 2033-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 17327CAW3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    400000 | PA      | $400596.00    | 0.01%             | 2029-03-04      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| THE CAMPBELLS COMPANY                                                            | The Campbell's Company                                                                    | CUSIP: 134429BM0<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101206.00    | 0.00%             | 2027-03-19      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QEW81<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1100937 | PA      | $915643.23    | 0.02%             | 2050-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                                                          | Astrazeneca Finance LLC                                                                   | CUSIP: 04636NAM5<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203900.00    | 0.00%             | 2031-02-26      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| 6297782 LLC                                                                      | South Bow USA Infrastructure Holdings LLC                                                 | CUSIP: 83007CAA0<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150153.00    | 0.00%             | 2027-09-01      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830BW8<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154378.50    | 0.00%             | 2033-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                                                         | Anheuser-Busch InBev Worldwide Inc                                                        | CUSIP: 035240AF7<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |     75000 | PA      | $79682.25     | 0.00%             | 2035-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RMN9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1086000 | PA      | $744507.30    | 0.01%             | 2057-12-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DTQ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4994428 | PA      | $3922190.53   | 0.07%             | 2050-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                                                                    | Owens Corning                                                                             | CUSIP: 690742AM3<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70946.25     | 0.00%             | 2030-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GB29<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    450000 | PA      | $454153.50    | 0.01%             | 2030-07-23      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| PFIZER INC                                                                       | Pfizer Inc                                                                                | CUSIP: 717081EW9<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $184392.00    | 0.00%             | 2030-04-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                           | CUSIP: 500769JQ8<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    650000 | PA      | $624702.00    | 0.01%             | 2026-10-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                               | CUSIP: 797440CF9<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93123.00     | 0.00%             | 2054-04-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                                                      | Exelon Corp                                                                               | CUSIP: 30161NBH3<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    150000 | PA      | $111594.00    | 0.00%             | 2052-03-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| SHELL FINANCE US INC                                                             | Shell Finance US Inc                                                                      | CUSIP: 822905AG0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $232480.50    | 0.00%             | 2050-04-06      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137H9PB9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1200000 | PA      | $1140810.55   | 0.02%             | 2032-12-25      | Variable      | 3.82%                 | No            |                  2 | On Loan: No      |
| PFIZER INVESTMENT ENTER                                                          | Pfizer Investment Enterprises Pte Ltd                                                     | CUSIP: 716973AD4<br>LEI: 5493000FQO8XF9C0RT95 | Long             | DBT              | CORP              | SG        |    300000 | PA      | $302052.00    | 0.01%             | 2030-05-19      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MABL2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    108857 | PA      | $107696.21    | 0.00%             | 2042-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844CP1<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    150000 | PA      | $123072.00    | 0.00%             | 2053-06-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Federal National Mortgage Association                                                     | CUSIP: 31359MGK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |   2180000 | PA      | $2449077.40   | 0.05%             | 2030-11-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| REINSURANCE GRP OF AMER                                                          | Reinsurance Group of America Inc                                                          | CUSIP: 759351AR0<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103546.00    | 0.00%             | 2033-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                                                            | RIO TINTO FIN USA PLC                                                                     | CUSIP: 76720AAW6<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $146239.50    | 0.00%             | 2065-03-14      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179Y5K6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    642777 | PA      | $623966.99    | 0.01%             | 2054-08-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DKT8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    121413 | PA      | $104924.65    | 0.00%             | 2050-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VERISK ANALYTICS INC                                                             | Verisk Analytics Inc                                                                      | CUSIP: 92345YAH9<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104117.00    | 0.00%             | 2033-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TJV8<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144349.50    | 0.00%             | 2027-01-13      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Kentucky Utilities Co                                                            | Kentucky Utilities Co                                                                     | CUSIP: 491674BG1<br>LEI: AGX0G2MXE54NFNNICD28 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93516.00     | 0.00%             | 2040-11-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418ED80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     48025 | PA      | $44155.77     | 0.00%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                               | CUSIP: 68389XCY9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    300000 | PA      | $303150.00    | 0.01%             | 2028-08-03      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YFJ9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    300000 | PA      | $325950.00    | 0.01%             | 2034-11-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119CQ0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252472.50    | 0.00%             | 2033-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                             | CUSIP: 45866FAW4<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    275000 | PA      | $270459.75    | 0.01%             | 2033-03-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MMVU4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    188303 | PA      | $180048.49    | 0.00%             | 2032-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DX80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    918051 | PA      | $809655.58    | 0.02%             | 2036-04-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                               | CUSIP: 29444UBJ4<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |    100000 | PA      | $61284.00     | 0.00%             | 2050-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308KQ9<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202780.00    | 0.00%             | 2029-05-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Burlington Northern Santa Fe LLC                                                 | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LBD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $160240.00    | 0.00%             | 2048-12-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                                                  | Cigna Group/The                                                                           | CUSIP: 125523CJ7<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    150000 | PA      | $111781.50    | 0.00%             | 2040-03-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GZU1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    450000 | PA      | $448627.50    | 0.01%             | 2028-08-23      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| British Telecommunications PLC                                                   | British Telecommunications PLC                                                            | CUSIP: 111021AL5<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $254782.50    | 0.00%             | 2028-12-04      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| NUCOR CORP                                                                       | Nucor Corp                                                                                | CUSIP: 670346AS4<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |    150000 | PA      | $136789.50    | 0.00%             | 2030-06-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                                       | CUSIP: 459058KJ1<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    750000 | PA      | $738150.00    | 0.01%             | 2027-06-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| GENERAL ELECTRIC CO                                                              | General Electric Co                                                                       | CUSIP: 369604BH5<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86586.00     | 0.00%             | 2044-03-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Alabama Power Co                                                                 | Alabama Power Co                                                                          | CUSIP: 010392FJ2<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |    150000 | PA      | $118096.50    | 0.00%             | 2042-12-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| GATX CORP                                                                        | GATX Corp                                                                                 | CUSIP: 361448BJ1<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     75000 | PA      | $67406.25     | 0.00%             | 2032-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TJZ9<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    300000 | PA      | $293427.00    | 0.01%             | 2027-03-22      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| US BANK NA CINCINNATI                                                            | US Bank NA/Cincinnati OH                                                                  | CUSIP: 90331HPP2<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249750.00    | 0.00%             | 2027-10-22      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| CRH AMERICA FINANCE INC                                                          | CRH America Finance Inc                                                                   | CUSIP: 12636YAF9<br>LEI: 549300WEVUODRJ4CWK56 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201746.00    | 0.00%             | 2035-01-09      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Eastman Chemical Co                                                              | Eastman Chemical Co                                                                       | CUSIP: 277432AL4<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85130.00     | 0.00%             | 2042-09-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RJK9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84510.00     | 0.00%             | 2044-06-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                                                   | Whirlpool Corp                                                                            | CUSIP: 963320BC9<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94557.41     | 0.00%             | 2034-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                                        | CUSIP: 29273VBF6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $189096.00    | 0.00%             | 2055-04-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X5DB6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     61314 | PA      | $59698.12     | 0.00%             | 2032-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                                                              | Estee Lauder Cos Inc/The                                                                  | CUSIP: 29736RAM2<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |    150000 | PA      | $91918.50     | 0.00%             | 2049-12-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                                | CUSIP: 14040HCT0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197994.00    | 0.00%             | 2033-05-10      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202FUF1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    296689 | PA      | $292129.38    | 0.01%             | 2041-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CLG4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11500000 | PA      | $11466308.57  | 0.22%             | 2027-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| KIMBERLY-CLARK CORP                                                              | Kimberly-Clark Corp                                                                       | CUSIP: 494368CD3<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |    150000 | PA      | $130833.00    | 0.00%             | 2031-11-02      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMERICAN PIPE                                                         | Plains All American Pipeline LP                                                           | CUSIP: 72650RBQ4<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199810.00    | 0.00%             | 2035-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QCMP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    534638 | PA      | $462059.00    | 0.01%             | 2049-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc                                              | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MAF7<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    400000 | PA      | $392040.00    | 0.01%             | 2026-07-14      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| OGLETHORPE POWER CORP                                                            | Oglethorpe Power Corp                                                                     | CUSIP: 677050AQ9<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |    100000 | PA      | $68575.00     | 0.00%             | 2050-08-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EHKF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11397 | PA      | $10993.03     | 0.00%             | 2041-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JETBLUE 2019-1 CLASS AA                                                          | JetBlue 2019-1 Class AA Pass Through Trust                                                | CUSIP: 477143AH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     74395 | PA      | $63912.74     | 0.00%             | 2032-05-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Energy Transfer Operating LP                                                     | Energy Transfer Operating LP                                                              | CUSIP: 29278NAQ6<br>LEI: 5493008K8W3OKZE54J59 | Long             | DBT              | CORP              | US        |    300000 | PA      | $284013.00    | 0.01%             | 2030-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                                     | CUSIP: 88579YAY7<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96524.00     | 0.00%             | 2027-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                                   | CUSIP: 55336VAL4<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    150000 | PA      | $127866.00    | 0.00%             | 2047-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833DZ0<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    200000 | PA      | $115644.00    | 0.00%             | 2050-08-20      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                                      | CUSIP: 94106LBN8<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92062.00     | 0.00%             | 2028-03-15      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PAM8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    450000 | PA      | $438169.50    | 0.01%             | 2029-01-23      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140CK4<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    200000 | PA      | $181190.00    | 0.00%             | 2063-02-10      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179S5K9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     65578 | PA      | $57948.94     | 0.00%             | 2047-05-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U2V4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    725000 | PA      | $711058.25    | 0.01%             | 2028-03-24      | Fixed         | 3.53%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PCX8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $116308.50    | 0.00%             | 2047-01-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YAM1<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    525000 | PA      | $451841.25    | 0.01%             | 2042-11-06      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VAW3<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88959.00     | 0.00%             | 2042-08-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING Groep NV                                                                              | CUSIP: 456837BC6<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $189848.00    | 0.00%             | 2033-03-28      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | Mastercard Inc                                                                            | CUSIP: 57636QBF0<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75945.00     | 0.00%             | 2028-03-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687FZ4<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    550000 | PA      | $395774.50    | 0.01%             | 2051-01-13      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                                | CUSIP: 717081DK6<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    180000 | PA      | $153743.40    | 0.00%             | 2044-05-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KCN8<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101852.00    | 0.00%             | 2030-02-28      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA G&E CO                                                                  | Oklahoma Gas and Electric Co                                                              | CUSIP: 678858BT7<br>LEI: 549300VJ8YXGPO8EV472 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98422.00     | 0.00%             | 2028-08-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MFS8<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148632.00    | 0.00%             | 2032-09-09      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308HW0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    250000 | PA      | $240465.00    | 0.00%             | 2027-12-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                                           | Santander Holdings USA Inc                                                                | CUSIP: 80282KBC9<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144186.00    | 0.00%             | 2028-01-06      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| PFIZER INC                                                                       | Pfizer Inc                                                                                | CUSIP: 717081EZ2<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $139604.00    | 0.00%             | 2040-05-28      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31416YLL0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    331470 | PA      | $326250.20    | 0.01%             | 2041-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GJW0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    700000 | PA      | $522816.00    | 0.01%             | 2042-04-22      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PFF4<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150400.50    | 0.00%             | 2026-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Omega Healthcare Investors Inc                                                   | Omega Healthcare Investors Inc                                                            | CUSIP: 681936BL3<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              |  | US        |     75000 | PA      | $70484.25     | 0.00%             | 2029-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ADOBE INC                                                                        | Adobe Inc                                                                                 | CUSIP: 00724PAH2<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203166.00    | 0.00%             | 2028-01-17      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                                    | CUSIP: 202795JL5<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    150000 | PA      | $110334.00    | 0.00%             | 2047-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Boardwalk Pipelines LP                                                           | Boardwalk Pipelines LP                                                                    | CUSIP: 096630AE8<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100834.00    | 0.00%             | 2026-06-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJ3M0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     89773 | PA      | $78538.73     | 0.00%             | 2048-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                                                                    | DTE Energy Co                                                                             | CUSIP: 233331BK2<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202950.00    | 0.00%             | 2029-03-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CCP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10500000 | PA      | $10090253.88  | 0.19%             | 2026-07-31      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| CONOPCO INC                                                                      | Conopco Inc                                                                               | CUSIP: 126149AD5<br>LEI: 549300DWD4D3B5EZJC04 | Long             | DBT              | CORP              | US        |     75000 | PA      | $78276.75     | 0.00%             | 2026-12-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EXU8<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150246.00    | 0.00%             | 2034-06-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132J4DH9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     30077 | PA      | $29040.29     | 0.00%             | 2035-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MASCO CORP                                                                       | Masco Corp                                                                                | CUSIP: 574599BP0<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86128.00     | 0.00%             | 2030-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                                                          | American Electric Power Co Inc                                                            | CUSIP: 025537AW1<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104413.00    | 0.00%             | 2032-11-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TLL7<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    160000 | PA      | $161193.60    | 0.00%             | 2029-01-05      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179T3H6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     47383 | PA      | $45971.18     | 0.00%             | 2033-07-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CAMDEN PROPERTY TRUST                                                            | Camden Property Trust                                                                     | CUSIP: 133131AY8<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              |  | US        |     50000 | PA      | $34463.50     | 0.00%             | 2049-11-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                                 | CUSIP: 911312AJ5<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    295000 | PA      | $314750.25    | 0.01%             | 2038-01-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| ECOLAB INC                                                                       | Ecolab Inc                                                                                | CUSIP: 278865BG4<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |    100000 | PA      | $52785.00     | 0.00%             | 2050-08-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| ENTERGY TEXAS INC                                                                | Entergy Texas Inc                                                                         | CUSIP: 29365TAM6<br>LEI: LWXX58X12AJXISQ28573 | Long             | DBT              | CORP              | US        |     75000 | PA      | $64290.00     | 0.00%             | 2052-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78016FZZ0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $151455.00    | 0.00%             | 2026-07-20      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas LLC                                                        | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CAX2<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148465.50    | 0.00%             | 2028-11-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MFF6<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246950.00    | 0.00%             | 2028-04-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds                                             | Chile Government International Bonds                                                      | CUSIP: 168863DQ8<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    250000 | PA      | $146980.00    | 0.00%             | 2061-01-22      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                              | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KBK5<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97644.00     | 0.00%             | 2079-05-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418XEW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     63812 | PA      | $63052.47     | 0.00%             | 2040-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                           | Extra Space Storage LP                                                                    | CUSIP: 30225VAH0<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |     75000 | PA      | $72779.25     | 0.00%             | 2029-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| WEIBO CORP                                                                       | Weibo Corp                                                                                | CUSIP: 948596AE1<br>LEI: 549300Q9ID4640FE0422 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $185260.00    | 0.00%             | 2030-07-08      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BROWN-FORMAN CORP                                                                | Brown-Forman Corp                                                                         | CUSIP: 115637AU4<br>LEI: 549300873K3LXF7ARU34 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148543.50    | 0.00%             | 2033-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132CWY81<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    367471 | PA      | $339616.92    | 0.01%             | 2037-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179X5J1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    677118 | PA      | $687787.01    | 0.01%             | 2053-06-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS                                                         | Air Products and Chemicals Inc                                                            | CUSIP: 009158BH8<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |    225000 | PA      | $227398.50    | 0.00%             | 2029-02-08      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Southern California Edison Co                                                    | Southern California Edison Co                                                             | CUSIP: 842400GS6<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92027.00     | 0.00%             | 2029-08-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                               | CUSIP: 59156RAP3<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    230000 | PA      | $232651.90    | 0.00%             | 2036-12-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397A86<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192998.00    | 0.00%             | 2027-08-17      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140JVNV0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    160249 | PA      | $155673.70    | 0.00%             | 2034-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EYP9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1664200 | PA      | $1709693.86   | 0.03%             | 2053-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWBT9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7575995 | PA      | $5927452.66   | 0.11%             | 2051-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Consumers Energy Co                                                              | Consumers Energy Co                                                                       | CUSIP: 210518DE3<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |     50000 | PA      | $37157.00     | 0.00%             | 2050-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EJWW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4277 | PA      | $4191.45      | 0.00%             | 2027-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BON SECOURS MERCY                                                                | Bon Secours Mercy Health Inc                                                              | CUSIP: 09778PAA3<br>LEI: 5493006NA7JSVYYYF398 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95001.00     | 0.00%             | 2030-06-01      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| Burlington Northern Santa Fe LLC                                                 | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $128268.00    | 0.00%             | 2042-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                             | CUSIP: 501044DW8<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    375000 | PA      | $347756.25    | 0.01%             | 2054-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KENVUE INC                                                                       | Kenvue Inc                                                                                | CUSIP: 49177JAP7<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |    250000 | PA      | $228470.00    | 0.00%             | 2053-03-22      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                                                                      | Citibank NA                                                                               | CUSIP: 17325FBB3<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |    400000 | PA      | $416488.00    | 0.01%             | 2028-09-29      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D4X7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3280177 | PA      | $2558789.71   | 0.05%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES 2020-AA                                                          | Delta Air Lines 2020-1 Class AA Pass Through Trust                                        | CUSIP: 247361ZV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     73093 | PA      | $68746.64     | 0.00%             | 2028-06-10      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YAT1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    619887 | PA      | $629654.68    | 0.01%             | 2053-07-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BLUE OWL CAPITAL CORP                                                            | Blue Owl Capital Corp                                                                     | CUSIP: 69121KAG9<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138498.00    | 0.00%             | 2028-06-11      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| QUEST DIAGNOSTICS INC                                                            | Quest Diagnostics Inc                                                                     | CUSIP: 74834LBB5<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138441.00    | 0.00%             | 2030-06-30      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| East Bay Municipal Utility District Water System Revenue                         | East Bay Municipal Utility District Water System Revenue                                  | CUSIP: 271014TU6<br>LEI: 549300IZZ5HKLDKRTF96 | Long             | DBT              | MUN               | US        |    330000 | PA      | $339537.99    | 0.01%             | 2040-06-01      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| Cleveland Clinic Foundation/The                                                  | Cleveland Clinic Foundation/The                                                           | CUSIP: 18600TAA0<br>LEI: 5493005LGDPOFHUC6Z36 | Long             | DBT              | CORP              | US        |     50000 | PA      | $40681.00     | 0.00%             | 2114-01-01      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CFF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  18455000 | PA      | $16817118.75  | 0.32%             | 2032-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 63743HFN7<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151936.50    | 0.00%             | 2029-02-07      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738ECZ6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    350000 | PA      | $351127.00    | 0.01%             | 2036-02-25      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 06051GHS1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    500000 | PA      | $405005.00    | 0.01%             | 2050-03-15      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Wyeth LLC                                                                        | Wyeth LLC                                                                                 | CUSIP: 983024AL4<br>LEI: 549300Q9GR3WRH4N4836 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105997.00    | 0.00%             | 2036-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138Y3U74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    139622 | PA      | $136386.08    | 0.00%             | 2029-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122CN6<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    350000 | PA      | $345978.50    | 0.01%             | 2026-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Georgia Power Co                                                                 | Georgia Power Co                                                                          | CUSIP: 373334KA8<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82991.00     | 0.00%             | 2043-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| AvalonBay Communities Inc                                                        | AvalonBay Communities Inc                                                                 | CUSIP: 05348EAX7<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |    100000 | PA      | $98659.00     | 0.00%             | 2026-05-11      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PBK7<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $221848.00    | 0.00%             | 2038-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X7Y86<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1366246 | PA      | $1184979.41   | 0.02%             | 2050-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ConocoPhillips                                                                   | ConocoPhillips                                                                            | CUSIP: 20825CAF1<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | DBT              | CORP              | US        |    100000 | PA      | $106407.00    | 0.00%             | 2032-10-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Visa Inc                                                                         | Visa Inc                                                                                  | CUSIP: 92826CAJ1<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76411.00     | 0.00%             | 2047-09-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VFP0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    969982 | PA      | $849131.10    | 0.02%             | 2050-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH EDISON CO                                                           | Commonwealth Edison Co                                                                    | CUSIP: 202795JS0<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    150000 | PA      | $93960.00     | 0.00%             | 2050-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                                 | CUSIP: 037833AT7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    150000 | PA      | $134446.50    | 0.00%             | 2044-05-06      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EDD9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2682859 | PA      | $2287091.29   | 0.04%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                                                                | TSMC Arizona Corp                                                                         | CUSIP: 872898AD3<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |    250000 | PA      | $190207.50    | 0.00%             | 2041-10-25      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Time Warner Cable LLC                                                            | Time Warner Cable LLC                                                                     | CUSIP: 88732JAN8<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |    300000 | PA      | $319422.00    | 0.01%             | 2038-07-01      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJSY7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    786309 | PA      | $704778.98    | 0.01%             | 2043-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORP                                                                     | Newmont Corp                                                                              | CUSIP: 651639AM8<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |    150000 | PA      | $160045.50    | 0.00%             | 2039-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NATIONAL GRID PLC                                                                | National Grid PLC                                                                         | CUSIP: 636274AD4<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $154359.00    | 0.00%             | 2028-06-12      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202FKN5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    410008 | PA      | $402538.00    | 0.01%             | 2040-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Danaher Corp                                                                     | Danaher Corp                                                                              | CUSIP: 235851AR3<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84719.00     | 0.00%             | 2045-09-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                                                 | Ryder System Inc                                                                          | CUSIP: 78355HKX6<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105063.00    | 0.00%             | 2028-12-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                            | CUSIP: 78409VBK9<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |    300000 | PA      | $269142.00    | 0.01%             | 2032-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GYG3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    500000 | PA      | $480345.00    | 0.01%             | 2027-09-10      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YFE0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    650000 | PA      | $650247.00    | 0.01%             | 2034-04-21      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hubbell Inc                                                                      | Hubbell Inc                                                                               | CUSIP: 443510AJ1<br>LEI: 54930088VDQ6840Y6597 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97572.00     | 0.00%             | 2028-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                                                                      | Citibank NA                                                                               | CUSIP: 17325FBC1<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |    500000 | PA      | $507355.00    | 0.01%             | 2026-12-04      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91087BAC4<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    500000 | PA      | $495540.00    | 0.01%             | 2027-03-28      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Appalachian Power Co                                                             | Appalachian Power Co                                                                      | CUSIP: 037735CX3<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77826.00     | 0.00%             | 2049-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406RBU0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    100000 | PA      | $108853.00    | 0.00%             | 2034-10-25      | Fixed         | 6.47%                 | No            |                  2 | On Loan: No      |
| FERGUSON ENTERPRISES INC                                                         | Ferguson Enterprises Inc                                                                  | CUSIP: 31488VAA5<br>LEI: 2138003JYQMRP3SLX189 | Long             | DBT              | CORP              | US        |    125000 | PA      | $120498.75    | 0.00%             | 2034-10-03      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VQU7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    143630 | PA      | $129403.74    | 0.00%             | 2050-07-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Halliburton Co                                                                   | Halliburton Co                                                                            | CUSIP: 406216BJ9<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |    250000 | PA      | $235815.00    | 0.00%             | 2035-11-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417GDF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     34465 | PA      | $32951.01     | 0.00%             | 2033-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ADA0<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151599.00    | 0.00%             | 2028-07-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CEE0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    185427 | PA      | $173497.06    | 0.00%             | 2036-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810TA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13000000 | PA      | $8447968.75   | 0.16%             | 2041-08-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406RBR7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    500000 | PA      | $495090.00    | 0.01%             | 2034-04-26      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                                                | Cisco Systems Inc                                                                         | CUSIP: 17275RBX9<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203436.00    | 0.00%             | 2030-02-24      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Alcan Inc                                                              | Rio Tinto Alcan Inc                                                                       | CUSIP: 013716AQ8<br>LEI: 2138007ZSQ7B17SKOX77 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $112724.00    | 0.00%             | 2031-03-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U3V3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    500000 | PA      | $506200.00    | 0.01%             | 2036-04-23      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 913017BT5<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    500000 | PA      | $432790.00    | 0.01%             | 2042-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MDA5<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $202954.00    | 0.00%             | 2026-07-13      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BAT Capital Corp                                                                 | BAT Capital Corp                                                                          | CUSIP: 05526DBF1<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    375000 | PA      | $296400.00    | 0.01%             | 2047-08-15      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XCL2<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    100000 | PA      | $101174.00    | 0.00%             | 2030-01-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M9WV0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    162797 | PA      | $154898.28    | 0.00%             | 2043-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                      | California State University                                                               | CUSIP: 13077DBY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $39931.95     | 0.00%             | 2047-11-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                                | L3Harris Technologies Inc                                                                 | CUSIP: 502431AM1<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149634.00    | 0.00%             | 2028-06-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138XUTV4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     88848 | PA      | $84052.55     | 0.00%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076BY7<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    350000 | PA      | $332748.50    | 0.01%             | 2029-06-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 06051GFQ7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86400.00     | 0.00%             | 2045-04-21      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PARKER-HANNIFIN CORP                                                             | Parker-Hannifin Corp                                                                      | CUSIP: 701094AN4<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143656.50    | 0.00%             | 2029-06-14      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                                                            | Alibaba Group Holding Ltd                                                                 | CUSIP: 01609WBH4<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    250000 | PA      | $254010.00    | 0.00%             | 2030-05-26      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TUCSON ELECTRIC POWER CO                                                         | Tucson Electric Power Co                                                                  | CUSIP: 898813AR1<br>LEI: YLF139GXSRKPBBTNZL03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $73640.00     | 0.00%             | 2050-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                                | CUSIP: 444859BY7<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203222.00    | 0.00%             | 2034-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179RXD6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    863985 | PA      | $785166.50    | 0.01%             | 2046-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179RJH3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    155481 | PA      | $156753.84    | 0.00%             | 2045-07-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 89115A2V3<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $101148.00    | 0.00%             | 2026-12-11      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| Honeywell International Inc                                                      | Honeywell International Inc                                                               | CUSIP: 438516BS4<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    150000 | PA      | $112737.00    | 0.00%             | 2047-11-21      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MCJ7<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $171674.00    | 0.00%             | 2031-09-17      | Fixed         | 2.22%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810QE1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3148600 | PA      | $3114900.16   | 0.06%             | 2040-02-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738EBY0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $304548.00    | 0.01%             | 2028-08-09      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                                       | CUSIP: 14913UAS9<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201686.00    | 0.00%             | 2027-11-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| NUVEEN CHURCHILL DIRECT                                                          | Nuveen Churchill Direct Lending Corp                                                      | CUSIP: 67090SAA6<br>LEI: 254900X3ULEP6XX7HG39 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101858.00    | 0.00%             | 2030-03-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| VISA INC                                                                         | Visa Inc                                                                                  | CUSIP: 92826CAN2<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $169176.00    | 0.00%             | 2031-02-15      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081FF9<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83292.00     | 0.00%             | 2042-02-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GLC1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    400000 | PA      | $414300.00    | 0.01%             | 2028-11-10      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457BU1<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |     75000 | PA      | $58011.00     | 0.00%             | 2059-03-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Barrick North America Finance LLC                                                | Barrick North America Finance LLC                                                         | CUSIP: 06849RAG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $97858.00     | 0.00%             | 2041-05-30      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                                                         | Microchip Technology Inc                                                                  | CUSIP: 595017BL7<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175645.75    | 0.00%             | 2030-02-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                          | CUSIP: 92556HAB3<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    300000 | PA      | $290715.00    | 0.01%             | 2031-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457CU0<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202288.00    | 0.00%             | 2028-02-12      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust 2015-C33                              | JPMBB Commercial Mortgage Securities Trust 2015-C33                                       | CUSIP: 46645JAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2550000 | PA      | $2537737.15   | 0.05%             | 2048-12-15      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477DB6<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201786.00    | 0.00%             | 2030-04-24      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| WISCONSIN PUBLIC SERVICE                                                         | Wisconsin Public Service Corp                                                             | CUSIP: 976843BH4<br>LEI: 549300BJRHJVYNUMQZ30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $114121.50    | 0.00%             | 2042-12-01      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CLN9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13000000 | PA      | $12779609.44  | 0.24%             | 2029-09-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ACS2<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92425.00     | 0.00%             | 2029-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YAQ7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    473124 | PA      | $448762.07    | 0.01%             | 2053-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                 | CUSIP: 00774MBM6<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    200000 | PA      | $192126.00    | 0.00%             | 2034-09-10      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJYV6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    162966 | PA      | $152954.49    | 0.00%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                                     | CUSIP: 88579YBC4<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146578.50    | 0.00%             | 2028-09-14      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                              | CUSIP: 251526CD9<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    350000 | PA      | $322584.50    | 0.01%             | 2031-09-18      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| ERP Operating LP                                                                 | ERP Operating LP                                                                          | CUSIP: 26884ABE2<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |     50000 | PA      | $41648.50     | 0.00%             | 2045-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YDR7<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    400000 | PA      | $403816.00    | 0.01%             | 2027-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Indonesia Government International Bonds                                         | Indonesia Government International Bonds                                                  | CUSIP: 455780CD6<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $196288.00    | 0.00%             | 2028-01-11      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                                                     | QUALCOMM Inc                                                                              | CUSIP: 747525BR3<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    200000 | PA      | $164802.00    | 0.00%             | 2052-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31416XWH9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6348 | PA      | $6304.68      | 0.00%             | 2026-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752BF9<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141370.50    | 0.00%             | 2064-11-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| EMERSON ELECTRIC CO                                                              | Emerson Electric Co                                                                       | CUSIP: 291011BR4<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $173862.00    | 0.00%             | 2031-12-21      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| GENERAL DYNAMICS CORP                                                            | General Dynamics Corp                                                                     | CUSIP: 369550BH0<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87507.00     | 0.00%             | 2040-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6AW0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    277965 | PA      | $237413.38    | 0.00%             | 2036-10-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| HPS CORPORATE LENDING FU                                                         | HPS Corporate Lending Fund                                                                | CUSIP: 40440VAC9<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76206.00     | 0.00%             | 2029-09-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Southern California Edison Co                                                    | Southern California Edison Co                                                             | CUSIP: 842400GJ6<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96938.00     | 0.00%             | 2028-03-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                                                 | LPL Holdings Inc                                                                          | CUSIP: 50212YAP9<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75246.00     | 0.00%             | 2030-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 913017BP3<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105785.00    | 0.00%             | 2038-07-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135CJ3<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    450000 | PA      | $348471.00    | 0.01%             | 2052-04-13      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417MLN1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     12174 | PA      | $12256.74     | 0.00%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MEDTRONIC GLOBAL HLDINGS                                                         | Medtronic Global Holdings SCA                                                             | CUSIP: 58507LBC2<br>LEI: 549300JXMTTP8GKYIX14 | Long             | DBT              | CORP              | LU        |    150000 | PA      | $146533.50    | 0.00%             | 2033-03-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2016-C33                                   | Wells Fargo Commercial Mortgage Trust 2016-C33                                            | CUSIP: 95000LAY9<br>LEI: 549300JPCJUA5JJLRW54 | Long             | ABS-MBS          | CORP              | US        |    101476 | PA      | $100682.95    | 0.00%             | 2059-03-15      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                                            | Micron Technology Inc                                                                     | CUSIP: 595112CD3<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150928.50    | 0.00%             | 2031-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738EAU9<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $198444.00    | 0.00%             | 2028-01-10      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179NF86<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    188261 | PA      | $178723.09    | 0.00%             | 2043-06-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SPECTRA ENERGY PARTNERS                                                          | Spectra Energy Partners LP                                                                | CUSIP: 84756NAE9<br>LEI: 2HKVXE7U4NF5B6UGSU72 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71530.50     | 0.00%             | 2043-09-25      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GHZ5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    650000 | PA      | $586950.00    | 0.01%             | 2031-02-13      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216CW8<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    200000 | PA      | $141842.00    | 0.00%             | 2040-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                                       | CUSIP: 65535HBP3<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $209180.00    | 0.00%             | 2033-07-12      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122DV7<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    250000 | PA      | $192852.50    | 0.00%             | 2042-03-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D2S0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    349500 | PA      | $323677.49    | 0.01%             | 2036-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER CO                                                                 | Alabama Power Co                                                                          | CUSIP: 010392FX1<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |    150000 | PA      | $134946.00    | 0.00%             | 2032-03-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XTD8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    674339 | PA      | $673284.05    | 0.01%             | 2053-02-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 912828ZE3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4350000 | PA      | $4099875.00   | 0.08%             | 2027-03-31      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING Groep NV                                                                              | CUSIP: 456837BH5<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $210162.00    | 0.00%             | 2034-09-11      | Fixed         | 6.11%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                             | CUSIP: 571903BG7<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    200000 | PA      | $179042.00    | 0.00%             | 2031-04-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Constellation Brands Inc                                                         | Constellation Brands Inc                                                                  | CUSIP: 21036PBD9<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     75000 | PA      | $67182.00     | 0.00%             | 2048-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AEGON LTD                                                                        | Aegon Ltd                                                                                 | CUSIP: 007924AJ2<br>LEI: O4QK7KMMK83ITNTHUG69 | Long             | DBT              | CORP              | BM        |    200000 | PA      | $199158.00    | 0.00%             | 2048-04-11      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CEN7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8050000 | PA      | $7878937.50   | 0.15%             | 2027-04-30      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MDB3<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $207418.00    | 0.00%             | 2028-07-13      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78017FZT3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    350000 | PA      | $348635.00    | 0.01%             | 2030-10-18      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                                        | CUSIP: 05964HAY1<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $212494.00    | 0.00%             | 2028-11-07      | Fixed         | 6.61%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 17327CAU7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190598.00    | 0.00%             | 2039-09-19      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BANK USA                                                           | Goldman Sachs Bank USA/New York NY                                                        | CUSIP: 38151LAG5<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |    450000 | PA      | $453384.00    | 0.01%             | 2027-05-21      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31292K2K2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     46476 | PA      | $45981.94     | 0.00%             | 2040-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                                   | CUSIP: 742718GN3<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247807.50    | 0.00%             | 2035-05-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WDJM4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    260299 | PA      | $246260.59    | 0.00%             | 2044-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CENCORA INC                                                                      | Cencora Inc                                                                               | CUSIP: 03073EAY1<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148918.50    | 0.00%             | 2035-02-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418C7G3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     12492 | PA      | $12322.17     | 0.00%             | 2049-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENVUE INC                                                                       | Kenvue Inc                                                                                | CUSIP: 49177JAF9<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153786.00    | 0.00%             | 2028-03-22      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                         | CUSIP: 49456BAV3<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193224.00    | 0.00%             | 2033-02-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| AutoZone Inc                                                                     | AutoZone Inc                                                                              | CUSIP: 053332AV4<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49388.00     | 0.00%             | 2027-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                                                                    | Amphenol Corp                                                                             | CUSIP: 032095AN1<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76029.75     | 0.00%             | 2027-04-05      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36180AAG8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1230155 | PA      | $1243614.19   | 0.02%             | 2054-09-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING GROEP NV                                                                              | CUSIP: 456837BQ5<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $200846.00    | 0.00%             | 2029-03-25      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417YWB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     69778 | PA      | $69074.30     | 0.00%             | 2031-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                         | CUSIP: 49456BBB6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202042.00    | 0.00%             | 2030-06-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312946V60<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     67546 | PA      | $66567.75     | 0.00%             | 2041-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Northern States Power Co/MN                                                      | Northern States Power Co/MN                                                               | CUSIP: 665772CN7<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |    150000 | PA      | $118281.00    | 0.00%             | 2045-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EBJ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    762871 | PA      | $643963.71    | 0.01%             | 2042-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING Groep NV                                                                              | CUSIP: 456837BL6<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $204056.00    | 0.00%             | 2030-03-19      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA G&E CO                                                                  | Oklahoma Gas and Electric Co                                                              | CUSIP: 678858BU4<br>LEI: 549300VJ8YXGPO8EV472 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94263.00     | 0.00%             | 2030-03-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Old Republic International Corp                                                  | Old Republic International Corp                                                           | CUSIP: 680223AK0<br>LEI: 549300IV6O2YY2A1KH37 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148594.50    | 0.00%             | 2026-08-26      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D54E9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     51038 | PA      | $48531.72     | 0.00%             | 2034-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DSH6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4857126 | PA      | $3815683.43   | 0.07%             | 2050-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                                   | CUSIP: 455780DV5<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $182138.00    | 0.00%             | 2054-02-10      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 3622A2VL3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    170885 | PA      | $152025.63    | 0.00%             | 2045-04-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MSD INVESTMENT CORP                                                              | MSD Investment Corp                                                                       | CUSIP: 55354LAA7<br>LEI: 549300K4HV7AOWFSAO65 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98206.00     | 0.00%             | 2030-05-31      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WDKV2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     31657 | PA      | $29947.96     | 0.00%             | 2044-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMCOR FINANCE USA INC                                                            | Amcor Finance USA Inc                                                                     | CUSIP: 02343UAH8<br>LEI: 549300ZMT7FVT8R77U18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99443.00     | 0.00%             | 2028-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Duke Energy Indiana LLC                                                          | Duke Energy Indiana LLC                                                                   | CUSIP: 693627AY7<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105206.00    | 0.00%             | 2035-10-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ECEV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     60815 | PA      | $56312.43     | 0.00%             | 2042-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE OP CO                                                             | Public Storage Operating Co                                                               | CUSIP: 74460DAD1<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              |  | US        |    150000 | PA      | $144646.50    | 0.00%             | 2029-05-01      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ELAF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     40227 | PA      | $37225.63     | 0.00%             | 2043-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc                                              | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MBG4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    100000 | PA      | $99551.00     | 0.00%             | 2028-10-16      | Fixed         | 4.31%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397F81<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198334.00    | 0.00%             | 2026-11-05      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ABT1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    200000 | PA      | $180218.00    | 0.00%             | 2031-02-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Republic of Poland Government International Bonds                                | Republic of Poland Government International Bonds                                         | CUSIP: 857524AF9<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    500000 | PA      | $505570.00    | 0.01%             | 2030-02-12      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORP                                                                     | Newmont Corp                                                                              | CUSIP: 651639AW6<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105090.00    | 0.00%             | 2035-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                          | GLP Capital LP / GLP Financing II Inc                                                     | CUSIP: 361841AR0<br>LEI: N/A                  | Long             | DBT              |  | US        |    100000 | PA      | $86687.00     | 0.00%             | 2032-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Weyerhaeuser Co                                                                  | Weyerhaeuser Co                                                                           | CUSIP: 962166BR4<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              |  | US        |    100000 | PA      | $111993.00    | 0.00%             | 2032-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DSQ62<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1472880 | PA      | $1429482.69   | 0.03%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122EB0<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    200000 | PA      | $208548.00    | 0.00%             | 2053-11-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ENTERGY TEXAS INC                                                                | Entergy Texas Inc                                                                         | CUSIP: 29365TAJ3<br>LEI: LWXX58X12AJXISQ28573 | Long             | DBT              | CORP              | US        |    100000 | PA      | $68635.00     | 0.00%             | 2049-09-30      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| INTUIT INC                                                                       | Intuit Inc                                                                                | CUSIP: 46124HAC0<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141370.50    | 0.00%             | 2027-07-15      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| QUANTA SERVICES INC                                                              | Quanta Services Inc                                                                       | CUSIP: 74762EAK8<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100421.00    | 0.00%             | 2027-08-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AutoZone Inc                                                                     | AutoZone Inc                                                                              | CUSIP: 053332AW2<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145554.00    | 0.00%             | 2029-04-18      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| LYB INT FINANCE III                                                              | LYB International Finance III LLC                                                         | CUSIP: 50249AAL7<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75362.25     | 0.00%             | 2033-05-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                                                      | Nutrien Ltd                                                                               | CUSIP: 67077MAS7<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $112432.50    | 0.00%             | 2045-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                                     | CUSIP: 88579YAZ4<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |    150000 | PA      | $108082.50    | 0.00%             | 2047-10-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ORIX Corp                                                                        | ORIX Corp                                                                                 | CUSIP: 686330AJ0<br>LEI: 35380016EMHNBOVYE123 | Long             | DBT              | CORP              | JP        |    100000 | PA      | $98227.00     | 0.00%             | 2027-07-18      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| L3Harris Tech Inc                                                                | L3Harris Technologies Inc                                                                 | CUSIP: 413875AN5<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |     95000 | PA      | $98249.95     | 0.00%             | 2040-12-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Unilever Capital Corp                                                            | Unilever Capital Corp                                                                     | CUSIP: 904764AU1<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |    250000 | PA      | $244010.00    | 0.00%             | 2026-07-28      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2022-C62                                            | CUSIP: 95003MBS6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $280746.57    | 0.01%             | 2055-04-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                                | L3Harris Technologies Inc                                                                 | CUSIP: 502431AN9<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |    200000 | PA      | $170316.00    | 0.00%             | 2031-01-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                                | CUSIP: 500630DU9<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |    250000 | PA      | $240642.50    | 0.00%             | 2032-09-08      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CLOROX COMPANY                                                                   | Clorox Co/The                                                                             | CUSIP: 189054AZ2<br>LEI: 54930044KVSC06Z79I06 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197558.00    | 0.00%             | 2032-05-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                                                             | Targa Resources Corp                                                                      | CUSIP: 87612GAF8<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    175000 | PA      | $184266.25    | 0.00%             | 2034-03-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                                                     | Alphabet Inc                                                                              | CUSIP: 02079KAM9<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    250000 | PA      | $241687.50    | 0.00%             | 2055-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL SA                                                         | TotalEnergies Capital SA                                                                  | CUSIP: 89157XAA9<br>LEI: 529900QI55ZLJVCMPA71 | Long             | DBT              | CORP              | FR        |    275000 | PA      | $277398.00    | 0.01%             | 2034-04-05      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 31329JL70<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    128591 | PA      | $119071.68    | 0.00%             | 2042-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RCP5<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    475000 | PA      | $446780.25    | 0.01%             | 2035-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BALTIMORE GAS & ELECTRIC                                                         | Baltimore Gas and Electric Co                                                             | CUSIP: 059165EN6<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87761.00     | 0.00%             | 2031-06-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp                                | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 637432CT0<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    100000 | PA      | $116576.00    | 0.00%             | 2032-03-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111FL2<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    150000 | PA      | $112479.00    | 0.00%             | 2047-06-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YEA3<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    175000 | PA      | $176029.00    | 0.00%             | 2035-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Booking Holdings Inc                                                             | Booking Holdings Inc                                                                      | CUSIP: 741503AZ9<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148876.50    | 0.00%             | 2026-06-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D4B5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    670488 | PA      | $590547.22    | 0.01%             | 2036-09-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335BJC1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    237644 | PA      | $235116.51    | 0.00%             | 2046-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VFF6<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146401.50    | 0.00%             | 2027-03-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                                   | CUSIP: 824348BK1<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71761.00     | 0.00%             | 2049-08-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                           | CUSIP: 4581X0EK0<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    700000 | PA      | $702205.00    | 0.01%             | 2026-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172DB2<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    400000 | PA      | $408324.00    | 0.01%             | 2033-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORP                                                            | Northrop Grumman Corp                                                                     | CUSIP: 666807BT8<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95702.00     | 0.00%             | 2040-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122AX6<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     75000 | PA      | $64097.25     | 0.00%             | 2044-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ENTERPRIS                                                         | Public Service Enterprise Group Inc                                                       | CUSIP: 744573AZ9<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75690.00     | 0.00%             | 2034-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36180ACB7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    677716 | PA      | $685320.93    | 0.01%             | 2054-10-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYSK6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    103224 | PA      | $94417.02     | 0.00%             | 2039-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                                 | Altria Group Inc                                                                          | CUSIP: 02209SBJ1<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140833.50    | 0.00%             | 2030-05-06      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                               | CUSIP: 68389XCA1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    600000 | PA      | $430266.00    | 0.01%             | 2051-03-25      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Burlington Northern Santa Fe LLC                                                 | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $94259.00     | 0.00%             | 2041-03-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DB92<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     20041 | PA      | $17992.52     | 0.00%             | 2049-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822CC6<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $192902.00    | 0.00%             | 2028-01-19      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| American Airlines 2017-1 Class AA Pass Through Trust                             | American Airlines 2017-1 Class AA Pass Through Trust                                      | CUSIP: 023761AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     92250 | PA      | $88434.54     | 0.00%             | 2029-02-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KDF4<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202008.00    | 0.00%             | 2055-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TotalEnergies Capital SA                                                         | TotalEnergies Capital SA                                                                  | CUSIP: 89152UAH5<br>LEI: 529900QI55ZLJVCMPA71 | Long             | DBT              | CORP              | FR        |    150000 | PA      | $148629.00    | 0.00%             | 2028-10-11      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31410GZ97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     14352 | PA      | $15129.01     | 0.00%             | 2034-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140GSRX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     81503 | PA      | $73657.45     | 0.00%             | 2047-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MERR4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    174713 | PA      | $169919.85    | 0.00%             | 2030-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810UJ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7550000 | PA      | $7373636.76   | 0.14%             | 2045-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ECOLAB INC                                                                       | Ecolab Inc                                                                                | CUSIP: 278865BN9<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |    150000 | PA      | $89769.00     | 0.00%             | 2051-12-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 891160MJ9<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $294642.00    | 0.01%             | 2031-09-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CGJ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6400000 | PA      | $6277000.00   | 0.12%             | 2030-01-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                                | CUSIP: 31428XCV6<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76623.00     | 0.00%             | 2047-01-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D6B3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4375900 | PA      | $3413102.06   | 0.06%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31416XQT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     54733 | PA      | $52619.68     | 0.00%             | 2041-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36241LXG6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     22735 | PA      | $21498.78     | 0.00%             | 2041-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179QWE7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     99919 | PA      | $91404.66     | 0.00%             | 2044-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| APPLOVIN CORP                                                                    | AppLovin Corp                                                                             | CUSIP: 03831WAC2<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202130.00    | 0.00%             | 2031-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406FAE3<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146767.50    | 0.00%             | 2026-08-17      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                                    | CUSIP: 045167FF5<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    250000 | PA      | $231187.50    | 0.00%             | 2028-06-09      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON NATIONAL BANK                                                         | Huntington National Bank/The                                                              | CUSIP: 44644MAK7<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250672.50    | 0.00%             | 2028-04-12      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC                                                                       | Nasdaq Inc                                                                                | CUSIP: 63111XAL5<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |    175000 | PA      | $173271.00    | 0.00%             | 2063-06-28      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KLWM5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1426630 | PA      | $1215295.60   | 0.02%             | 2051-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MMXE8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    249839 | PA      | $237030.56    | 0.00%             | 2033-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GENERAL DYNAMICS CORP                                                            | General Dynamics Corp                                                                     | CUSIP: 369550BM9<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145054.50    | 0.00%             | 2030-04-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140A5MZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    787799 | PA      | $809334.74    | 0.02%             | 2053-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                                       | CUSIP: 37940XAH5<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    150000 | PA      | $130477.50    | 0.00%             | 2031-11-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                                    | CUSIP: 62954HBB3<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    200000 | PA      | $195224.00    | 0.00%             | 2033-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc                                              | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MAR1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $195932.00    | 0.00%             | 2027-07-12      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | Mastercard Inc                                                                            | CUSIP: 57636QAX2<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151084.50    | 0.00%             | 2033-03-09      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ENSTAR GROUP LTD                                                                 | Enstar Group Ltd                                                                          | CUSIP: 29359UAC3<br>LEI: 213800AMAL5QFXVUCN04 | Long             | DBT              | CORP              | BM        |    100000 | PA      | $87376.00     | 0.00%             | 2031-09-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| KIMBERLY-CLARK CORP                                                              | Kimberly-Clark Corp                                                                       | CUSIP: 494368CE1<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98745.00     | 0.00%             | 2033-02-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804FT6<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79415.00     | 0.00%             | 2045-05-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                                                             | Kraft Heinz Foods Co                                                                      | CUSIP: 42307TAG3<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     75000 | PA      | $81677.25     | 0.00%             | 2032-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KCA6<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    100000 | PA      | $60529.00     | 0.00%             | 2052-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                                | CUSIP: 68323AFG4<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    400000 | PA      | $366192.00    | 0.01%             | 2029-10-02      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KRPV0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2023147 | PA      | $2007726.83   | 0.04%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                                | CUSIP: 68323AFJ8<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    500000 | PA      | $427455.00    | 0.01%             | 2031-10-14      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| GENUINE PARTS CO                                                                 | Genuine Parts Co                                                                          | CUSIP: 372460AD7<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |     25000 | PA      | $27431.00     | 0.00%             | 2033-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Oncor Electric Delivery Co LLC                                                   | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233DAT4<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    150000 | PA      | $166678.50    | 0.00%             | 2032-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3142GS5S3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    490845 | PA      | $478065.79    | 0.01%             | 2054-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202EAK5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     42135 | PA      | $43370.04     | 0.00%             | 2034-09-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46625HLL2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    300000 | PA      | $271353.00    | 0.01%             | 2045-06-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EVP1<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139563.00    | 0.00%             | 2028-03-06      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DJR4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    984876 | PA      | $851126.55    | 0.02%             | 2049-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SEMPRA                                                                           | Sempra                                                                                    | CUSIP: 816851BH1<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    150000 | PA      | $121513.50    | 0.00%             | 2038-02-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| FHLMC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES                           | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137F4D41<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3500000 | PA      | $3444107.45   | 0.06%             | 2028-01-25      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076BS0<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    200000 | PA      | $153762.00    | 0.00%             | 2047-06-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| INTL FINANCE CORP                                                                | International Finance Corp                                                                | CUSIP: 45950KDK3<br>LEI: QKL54NQY28TCDAI75F60 | Long             | DBT              | NUSS              | XX        |    400000 | PA      | $406000.00    | 0.01%             | 2028-01-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140Q7VM6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    108411 | PA      | $101270.60    | 0.00%             | 2047-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31292R7M8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      8673 | PA      | $8041.79      | 0.00%             | 2042-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| INDIANA MICHIGAN POWER                                                           | Indiana Michigan Power Co                                                                 | CUSIP: 454889AU0<br>LEI: JHR9V15J0ZRG02MIRD06 | Long             | DBT              | CORP              | US        |    150000 | PA      | $95403.00     | 0.00%             | 2051-05-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                          | CUSIP: 95040QAL8<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |    150000 | PA      | $135514.50    | 0.00%             | 2031-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Target Corp                                                                      | Target Corp                                                                               | CUSIP: 87612EAR7<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $108913.00    | 0.00%             | 2037-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406RBT3<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    200000 | PA      | $211572.00    | 0.00%             | 2029-10-25      | Fixed         | 6.32%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 172967MP3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    700000 | PA      | $685132.00    | 0.01%             | 2031-03-31      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QBPL6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     64166 | PA      | $57606.76     | 0.00%             | 2049-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QFNR6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2590595 | PA      | $2158487.40   | 0.04%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ROLLINS INC                                                                      | Rollins Inc                                                                               | CUSIP: 775711AA2<br>LEI: 549300F2A0BXT4SGWD84 | Long             | DBT              | CORP              | US        |     95000 | PA      | $94271.35     | 0.00%             | 2035-02-24      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                                       | CUSIP: 65535HBR9<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $203134.00    | 0.00%             | 2027-07-02      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EVD8<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92087.00     | 0.00%             | 2030-01-09      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140JAFF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    223043 | PA      | $208262.08    | 0.00%             | 2049-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172DP1<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    125000 | PA      | $124746.25    | 0.00%             | 2031-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds                                             | Chile Government International Bonds                                                      | CUSIP: 168863DV7<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    250000 | PA      | $221850.00    | 0.00%             | 2034-01-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                  | Foothill-Eastern Transportation Corridor Agency                                           | CUSIP: 345105JG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $72452.30     | 0.00%             | 2053-01-15      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MFT6<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    150000 | PA      | $135264.00    | 0.00%             | 2052-09-09      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LBH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $92023.50     | 0.00%             | 2052-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| GATX CORP                                                                        | GATX Corp                                                                                 | CUSIP: 361448BK8<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73022.25     | 0.00%             | 2033-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GA46<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    500000 | PA      | $527555.00    | 0.01%             | 2029-10-24      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYUT4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    200477 | PA      | $163980.68    | 0.00%             | 2041-01-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172DF3<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201538.00    | 0.00%             | 2027-02-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XEY8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150571.50    | 0.00%             | 2031-06-18      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Bank                                                                             | BANK 2017-BNK7                                                                            | CUSIP: 06541XAF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $145892.46    | 0.00%             | 2060-09-15      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QDKQ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    833731 | PA      | $694441.89    | 0.01%             | 2050-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SNAP-ON INC                                                                      | Snap-on Inc                                                                               | CUSIP: 833034AM3<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $64787.00     | 0.00%             | 2050-05-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752AY9<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101952.00    | 0.00%             | 2029-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| EVERGY KANSAS CENTRAL                                                            | Evergy Kansas Central Inc                                                                 | CUSIP: 95709TAP5<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195756.00    | 0.00%             | 2027-04-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MMTT0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    118220 | PA      | $115146.88    | 0.00%             | 2030-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816EF2<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252960.00    | 0.00%             | 2031-04-25      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                                                 | Hewlett Packard Enterprise Co                                                             | CUSIP: 42824CBS7<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199788.00    | 0.00%             | 2027-09-25      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UML3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    449092 | PA      | $418860.18    | 0.01%             | 2049-02-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC                                                                    | AEP Texas Inc                                                                             | CUSIP: 00108WAN0<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65314.00     | 0.00%             | 2051-05-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                                                          | Jefferies Financial Group Inc                                                             | CUSIP: 47233JAG3<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150753.00    | 0.00%             | 2027-01-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| HERSHEY COMPANY                                                                  | Hershey Co/The                                                                            | CUSIP: 427866BM9<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76039.50     | 0.00%             | 2032-02-24      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| VMWARE LLC                                                                       | VMware LLC                                                                                | CUSIP: 928563AF2<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149251.50    | 0.00%             | 2030-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844BR8<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    150000 | PA      | $128185.50    | 0.00%             | 2046-01-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp                                                               | Realty Income Corp                                                                        | CUSIP: 756109AS3<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    180000 | PA      | $176029.20    | 0.00%             | 2027-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BHP Billiton Finance USA Ltd                                                     | BHP Billiton Finance USA Ltd                                                              | CUSIP: 055451AR9<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | CORP              | AU        |    170000 | PA      | $141817.40    | 0.00%             | 2042-02-24      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PFK3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    250000 | PA      | $235320.00    | 0.00%             | 2044-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO                                                                  | DTE Electric Co                                                                           | CUSIP: 23338VAL0<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $63599.00     | 0.00%             | 2050-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                           | Extra Space Storage LP                                                                    | CUSIP: 30225VAJ6<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |    150000 | PA      | $154311.00    | 0.00%             | 2028-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| DTE Energy Co                                                                    | DTE Energy Co                                                                             | CUSIP: 233331AY3<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195636.00    | 0.00%             | 2026-10-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CHC8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  17700000 | PA      | $16668421.88  | 0.31%             | 2033-05-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                                                          | Laboratory Corp of America Holdings                                                       | CUSIP: 50540RBA9<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97778.00     | 0.00%             | 2032-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Japan Bank for International Cooperation                                         | Japan Bank for International Cooperation                                                  | CUSIP: 471048BE7<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $194944.00    | 0.00%             | 2027-06-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| AFRICAN DEVELOPMENT BANK                                                         | African Development Bank                                                                  | CUSIP: 008281BF3<br>LEI: 549300LNCLMO3ITVCU07 | Long             | DBT              | NUSS              | XX        |    200000 | PA      | $191500.00    | 0.00%             | N/A             | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X5H48<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    568088 | PA      | $490939.54    | 0.01%             | 2049-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NDS7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    944000 | PA      | $561821.60    | 0.01%             | 2051-11-01      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 3622A2KQ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     67955 | PA      | $62290.22     | 0.00%             | 2044-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31410F4Z5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8746 | PA      | $8834.32      | 0.00%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                                        | CUSIP: 907818EF1<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     75000 | PA      | $59808.00     | 0.00%             | 2045-11-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Stanley Black & Decker Inc                                                       | Stanley Black & Decker Inc                                                                | CUSIP: 854502AJ0<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |     75000 | PA      | $60843.00     | 0.00%             | 2048-11-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CAN4<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80369.00     | 0.00%             | 2042-09-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Japan Bank for International Cooperation                                         | Japan Bank for International Cooperation                                                  | CUSIP: 471048BV9<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $196152.00    | 0.00%             | 2028-10-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GYJ7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    700000 | PA      | $602833.00    | 0.01%             | 2032-07-21      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON & CO                                                            | Becton Dickinson & Co                                                                     | CUSIP: 075887CU1<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101518.00    | 0.00%             | 2029-06-07      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36297FRG9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     44518 | PA      | $43878.15     | 0.00%             | 2039-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822CS1<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $204256.00    | 0.00%             | 2029-02-22      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                                       | CUSIP: 459058LF8<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    750000 | PA      | $765660.00    | 0.01%             | 2031-04-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                                 | CUSIP: 911312BN5<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    225000 | PA      | $165771.00    | 0.00%             | 2047-11-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PBW1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83596.00     | 0.00%             | 2042-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MCG3<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $184090.00    | 0.00%             | 2028-09-17      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| THE CAMPBELLS COMPANY                                                            | The Campbell's Company                                                                    | CUSIP: 134429BP3<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |    175000 | PA      | $174706.00    | 0.00%             | 2034-03-21      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | Ally Financial Inc                                                                        | CUSIP: 02005NBT6<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156766.50    | 0.00%             | 2029-06-13      | Fixed         | 6.99%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                                       | CUSIP: 49447BAB9<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |     75000 | PA      | $72045.00     | 0.00%             | 2035-03-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                                                            | Entergy Louisiana LLC                                                                     | CUSIP: 29364WAZ1<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72968.25     | 0.00%             | 2027-09-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| AHS Hospital Corp                                                                | AHS Hospital Corp                                                                         | CUSIP: 001306AB5<br>LEI: 549300D7W3C9Z4RGJG34 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45624.00     | 0.00%             | 2045-07-01      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| ILLUMINA INC                                                                     | Illumina Inc                                                                              | CUSIP: 452327AM1<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |    150000 | PA      | $129363.00    | 0.00%             | 2031-03-23      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| OLD REPUBLIC INTL CORP                                                           | Old Republic International Corp                                                           | CUSIP: 680223AM6<br>LEI: 549300IV6O2YY2A1KH37 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101683.00    | 0.00%             | 2034-03-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Panama Government International Bonds                                            | Panama Government International Bonds                                                     | CUSIP: 698299BW3<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    200000 | PA      | $194494.00    | 0.00%             | 2036-01-31      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128P8DR9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    892739 | PA      | $835527.01    | 0.02%             | 2037-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U3D3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    700000 | PA      | $703276.00    | 0.01%             | 2034-04-24      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NCM1<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    375000 | PA      | $315225.00    | 0.01%             | 2048-10-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SJS7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    195569 | PA      | $173029.64    | 0.00%             | 2046-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MASCO CORP                                                                       | Masco Corp                                                                                | CUSIP: 574599BQ8<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | DBT              | CORP              | US        |    125000 | PA      | $105841.25    | 0.00%             | 2031-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31307DEJ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     22047 | PA      | $21416.77     | 0.00%             | 2028-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Peru Government International Bonds                                              | Peru Government International Bonds                                                       | CUSIP: 715638DR0<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    200000 | PA      | $105488.00    | 0.00%             | 2121-07-28      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ELECTRIC POWER                                                         | Wisconsin Electric Power Co                                                               | CUSIP: 976656CK2<br>LEI: AENKIFMULUAWOUU8Q584 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80095.00     | 0.00%             | 2048-10-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| FIRST AMERICAN FINANCIAL                                                         | First American Financial Corp                                                             | CUSIP: 31847RAG7<br>LEI: 549300B6VEZK3N0A1P55 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94148.00     | 0.00%             | 2030-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DPPP7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2545515 | PA      | $1999026.88   | 0.04%             | 2051-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                                | General Motors Co                                                                         | CUSIP: 37045VAP5<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    175000 | PA      | $158173.75    | 0.00%             | 2038-04-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Reinsurance Group of America Inc                                                 | Reinsurance Group of America Inc                                                          | CUSIP: 759351AN9<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97450.00     | 0.00%             | 2029-05-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MDS6<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $204440.00    | 0.00%             | 2030-04-15      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KDB3<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205760.00    | 0.00%             | 2054-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LYB INT FINANCE III                                                              | LYB International Finance III LLC                                                         | CUSIP: 50249AAD5<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |    175000 | PA      | $125350.75    | 0.00%             | 2050-05-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VDV3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94971.00     | 0.00%             | 2047-03-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335BXK7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    395713 | PA      | $369425.11    | 0.01%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SWEDISH EXPORT CREDIT                                                            | Svensk Exportkredit AB                                                                    | CUSIP: 87031CAM5<br>LEI: 1FOLRR5RWTWWI397R131 | Long             | DBT              | NUSS              | SE        |    250000 | PA      | $252240.00    | 0.00%             | 2026-09-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Energy Partners LP                                                 | Kinder Morgan Energy Partners LP                                                          | CUSIP: 494550BP0<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86664.00     | 0.00%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC / Charter Communications Operating Capital  | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175AZ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    330000 | PA      | $339174.00    | 0.01%             | 2035-10-23      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                                                | Cisco Systems Inc                                                                         | CUSIP: 17275RAF9<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |    400000 | PA      | $405440.00    | 0.01%             | 2040-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| IPALCO ENTERPRISES INC                                                           | IPALCO Enterprises Inc                                                                    | CUSIP: 462613AR1<br>LEI: 5493000YFVK2DZX0JV43 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49386.50     | 0.00%             | 2034-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179MX47<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     62098 | PA      | $56975.34     | 0.00%             | 2043-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YS88<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    335089 | PA      | $342460.93    | 0.01%             | 2054-03-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                            | CUSIP: 10373QBY5<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152362.50    | 0.00%             | 2027-11-17      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Corning Inc                                                                      | Corning Inc                                                                               | CUSIP: 219350AV7<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99191.00     | 0.00%             | 2040-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                                | CUSIP: 717081EC3<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $135534.00    | 0.00%             | 2036-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                                   | CUSIP: 808513BX2<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46599.50     | 0.00%             | 2029-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Mid-America Apartments LP                                                        | Mid-America Apartments LP                                                                 | CUSIP: 59523UAR8<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              |  | US        |    100000 | PA      | $92326.00     | 0.00%             | 2030-03-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YBV0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    800000 | PA      | $784432.00    | 0.01%             | 2026-11-21      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X4LB0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    110993 | PA      | $100070.37    | 0.00%             | 2049-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                                       | CUSIP: 459058KQ5<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |   1000000 | PA      | $994980.00    | 0.02%             | 2030-02-14      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CRE                                                           | Blackstone Private Credit Fund                                                            | CUSIP: 09261HAK3<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193456.00    | 0.00%             | 2027-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076CZ3<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252312.50    | 0.00%             | 2026-06-25      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Nucor Corp                                                                       | Nucor Corp                                                                                | CUSIP: 670346AN5<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70920.00     | 0.00%             | 2043-08-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TKQ7<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151192.50    | 0.00%             | 2028-01-12      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PDK9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    675000 | PA      | $693225.00    | 0.01%             | 2033-09-14      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GJB6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    600000 | PA      | $541734.00    | 0.01%             | 2031-04-29      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XDV5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    250000 | PA      | $242392.50    | 0.00%             | 2029-04-06      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                          | CUSIP: 054989AB4<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    250000 | PA      | $268405.00    | 0.01%             | 2033-08-02      | Fixed         | 6.42%                 | No            |                  2 | On Loan: No      |
| Kimberly-Clark Corp                                                              | Kimberly-Clark Corp                                                                       | CUSIP: 494368BY8<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99340.00     | 0.00%             | 2028-11-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200LH2<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    175000 | PA      | $176359.75    | 0.00%             | 2032-02-10      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XNG7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1472201 | PA      | $1471258.92   | 0.03%             | 2052-12-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NOV INC                                                                          | NOV Inc                                                                                   | CUSIP: 637071AK7<br>LEI: 549300EHF3IW1AR6U008 | Long             | DBT              | CORP              | US        |    225000 | PA      | $162207.00    | 0.00%             | 2042-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Archer-Daniels-Midland Co                                                        | Archer-Daniels-Midland Co                                                                 | CUSIP: 039483BM3<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |     50000 | PA      | $37000.00     | 0.00%             | 2047-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081EV5<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103401.00    | 0.00%             | 2037-02-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                                                              | Carrier Global Corp                                                                       | CUSIP: 14448CBD5<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |     87000 | PA      | $92003.37     | 0.00%             | 2054-03-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| SOLVENTUM CORP                                                                   | Solventum Corp                                                                            | CUSIP: 83444MAT8<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95647.00     | 0.00%             | 2064-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140Q8V28<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    108247 | PA      | $97579.41     | 0.00%             | 2048-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Honeywell International Inc                                                      | Honeywell International Inc                                                               | CUSIP: 438516AT3<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102999.00    | 0.00%             | 2037-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE USA LLC                                                            | Credit Suisse USA LLC                                                                     | CUSIP: 22541LAE3<br>LEI: EXD7DEVFDH4HOFFQ7349 | Long             | DBT              | CORP              | US        |    150000 | PA      | $167835.00    | 0.00%             | 2032-07-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                               | CUSIP: 438516CF1<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    250000 | PA      | $210475.00    | 0.00%             | 2031-09-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KND83<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    888398 | PA      | $756794.40    | 0.01%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| American Water Capital Corp                                                      | American Water Capital Corp                                                               | CUSIP: 03040WAX3<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $68562.00     | 0.00%             | 2050-05-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                           | CUSIP: 500769JZ8<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |   1075000 | PA      | $1081471.50   | 0.02%             | 2026-08-07      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                           | Canadian Imperial Bank of Commerce                                                        | CUSIP: 13608JAA5<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $204908.00    | 0.00%             | 2029-04-08      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER CO                                                                 | Alabama Power Co                                                                          | CUSIP: 010392FZ6<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70698.00     | 0.00%             | 2032-09-01      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| NNN REIT INC                                                                     | NNN REIT Inc                                                                              | CUSIP: 637417AR7<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              |  | US        |    100000 | PA      | $59864.00     | 0.00%             | 2052-04-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AEP Transmission Co LLC                                                          | AEP Transmission Co LLC                                                                   | CUSIP: 00115AAM1<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71510.00     | 0.00%             | 2050-04-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 89115A2M3<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $254255.00    | 0.00%             | 2028-01-10      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                         | CUSIP: 49456BAH4<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    330000 | PA      | $303784.80    | 0.01%             | 2045-06-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| AGREE LP                                                                         | Agree LP                                                                                  | CUSIP: 008513AE3<br>LEI: 549300DXY3G299V1BO77 | Long             | DBT              |  | US        |    100000 | PA      | $101072.00    | 0.00%             | 2034-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ERP Operating LP                                                                 | ERP Operating LP                                                                          | CUSIP: 26884ABK8<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |    100000 | PA      | $99231.00     | 0.00%             | 2028-12-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YBH1<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $219782.50    | 0.00%             | 2031-07-10      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ENLA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     50708 | PA      | $49428.30     | 0.00%             | 2033-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D7J5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    981845 | PA      | $862764.78    | 0.02%             | 2036-12-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WE6X2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     67938 | PA      | $63887.55     | 0.00%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175CL6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $163794.00    | 0.00%             | 2063-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XCLP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    757422 | PA      | $596756.15    | 0.01%             | 2051-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844CF3<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $63662.00     | 0.00%             | 2050-05-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GMA4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    900000 | PA      | $910665.00    | 0.02%             | 2035-01-23      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                     | Centene Corp                                                                              | CUSIP: 15135BAR2<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    500000 | PA      | $489040.00    | 0.01%             | 2027-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FLNG LIQUEFACTION 2 LLC                                                          | FLNG Liquefaction 2 LLC                                                                   | CUSIP: 33972PAC3<br>LEI: 5493008RXZY6NJ5WF161 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76143.75     | 0.00%             | 2039-12-31      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418E5P1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2225405 | PA      | $2204523.83   | 0.04%             | 2054-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EQUITABLE HOLDINGS INC                                                           | Equitable Holdings Inc                                                                    | CUSIP: 054561AJ4<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |    350000 | PA      | $347798.50    | 0.01%             | 2028-04-20      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175CK8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $205877.50    | 0.00%             | 2053-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                           | Extra Space Storage LP                                                                    | CUSIP: 30225VAQ0<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |    150000 | PA      | $127846.50    | 0.00%             | 2031-10-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                                                              | Gilead Sciences Inc                                                                       | CUSIP: 375558CD3<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    225000 | PA      | $215300.25    | 0.00%             | 2054-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CKC4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7250000 | PA      | $7324199.26   | 0.14%             | 2031-02-28      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MCR9<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $256777.50    | 0.00%             | 2028-01-13      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 6174468L6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    650000 | PA      | $593534.50    | 0.01%             | 2031-01-22      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                                   | Merck & Co Inc                                                                            | CUSIP: 58933YAX3<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    350000 | PA      | $339258.50    | 0.01%             | 2029-03-07      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PacifiCorp                                                                                | CUSIP: 695114CX4<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $63283.00     | 0.00%             | 2051-03-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YKV5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    230300 | PA      | $237399.98    | 0.00%             | 2053-11-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | Dominion Energy Inc                                                                       | CUSIP: 25746UDR7<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151876.50    | 0.00%             | 2032-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DKU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     94540 | PA      | $84875.84     | 0.00%             | 2050-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175CG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $155150.00    | 0.00%             | 2062-06-30      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                                     | NiSource Inc                                                                              | CUSIP: 65473PAT2<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    125000 | PA      | $124142.50    | 0.00%             | 2055-03-31      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                                | CUSIP: 683234DQ8<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    500000 | PA      | $501610.00    | 0.01%             | 2029-01-18      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                                                         | Microchip Technology Inc                                                                  | CUSIP: 595017BK9<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175694.75    | 0.00%             | 2028-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162CS7<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    400000 | PA      | $273780.00    | 0.01%             | 2050-02-21      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| WASTE CONNECTIONS INC                                                            | Waste Connections Inc                                                                     | CUSIP: 94106BAG6<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $149662.50    | 0.00%             | 2034-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D4H2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    209740 | PA      | $184452.19    | 0.00%             | 2041-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78016HZT0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $201782.00    | 0.00%             | 2027-01-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QVWB6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    729088 | PA      | $714355.36    | 0.01%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MEH3<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76467.75     | 0.00%             | 2039-02-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| NUCOR CORP                                                                       | Nucor Corp                                                                                | CUSIP: 670346BA2<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98232.00     | 0.00%             | 2035-06-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                                                              | Estee Lauder Cos Inc/The                                                                  | CUSIP: 29736RAV2<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148614.00    | 0.00%             | 2034-02-14      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ABD6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    775000 | PA      | $765142.00    | 0.01%             | 2027-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661DN4<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    225000 | PA      | $163262.25    | 0.00%             | 2046-04-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179NNA2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    536498 | PA      | $492017.50    | 0.01%             | 2043-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128PVCT5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      6311 | PA      | $6279.66      | 0.00%             | 2026-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 06051GHA0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    200000 | PA      | $152698.00    | 0.00%             | 2049-01-23      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Omega Healthcare Investors Inc                                                   | Omega Healthcare Investors Inc                                                            | CUSIP: 681936BK5<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              |  | US        |    100000 | PA      | $100104.00    | 0.00%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JCU6<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141612.00    | 0.00%             | 2054-06-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RAILWAY                                                            | Canadian National Railway Co                                                              | CUSIP: 136375DB5<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $82319.00     | 0.00%             | 2052-08-05      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UXU1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     72115 | PA      | $67054.37     | 0.00%             | 2049-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                                               | Vodafone Group PLC                                                                        | CUSIP: 92857TAH0<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $171498.00    | 0.00%             | 2030-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN NATIONAL GROUP                                                          | American National Group Inc                                                               | CUSIP: 025676AN7<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101748.00    | 0.00%             | 2029-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                          | CUSIP: 92553PAW2<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77030.00     | 0.00%             | 2044-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738EAW5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    450000 | PA      | $450895.50    | 0.01%             | 2028-05-09      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| HERSHEY COMPANY                                                                  | Hershey Co/The                                                                            | CUSIP: 427866BL1<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76015.50     | 0.00%             | 2030-02-24      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                         | CUSIP: 24703TAE6<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    350000 | PA      | $351067.50    | 0.01%             | 2026-10-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128P73E1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     84762 | PA      | $82170.06     | 0.00%             | 2033-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| THE CAMPBELLS COMPANY                                                            | The Campbell's Company                                                                    | CUSIP: 134429BK4<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |    200000 | PA      | $126140.00    | 0.00%             | 2050-04-24      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                                 | CUSIP: 037833CD0<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    350000 | PA      | $277882.50    | 0.01%             | 2046-08-04      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ESSENTIAL UTILITIES INC                                                          | Essential Utilities Inc                                                                   | CUSIP: 29670GAJ1<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100622.00    | 0.00%             | 2027-08-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| MOLSON COORS BEVERAGE                                                            | Molson Coors Beverage Co                                                                  | CUSIP: 60871RAH3<br>LEI: 54930073LBBH6ZCBE225 | Long             | DBT              | CORP              | US        |    330000 | PA      | $258710.10    | 0.00%             | 2046-07-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138MFPX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     35986 | PA      | $35252.64     | 0.00%             | 2027-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U3R2<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    400000 | PA      | $401576.00    | 0.01%             | 2028-01-24      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418BYN0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    565710 | PA      | $497581.47    | 0.01%             | 2046-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                                        | CUSIP: 74456QBY1<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95896.00     | 0.00%             | 2029-05-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91086QAV0<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    700000 | PA      | $652414.00    | 0.01%             | 2040-01-11      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TG41<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1340939 | PA      | $1215037.01   | 0.02%             | 2047-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| XCEL ENERGY INC                                                                  | Xcel Energy Inc                                                                           | CUSIP: 98389BAX8<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $66491.00     | 0.00%             | 2049-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMDOCS LTD                                                                       | Amdocs Ltd                                                                                | CUSIP: 02342TAE9<br>LEI: 549300HQV672RJ7RQV66 | Long             | DBT              | CORP              | GG        |    150000 | PA      | $133938.00    | 0.00%             | 2030-06-15      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-WISC                                                         | Northern States Power Co/WI                                                               | CUSIP: 665789BC6<br>LEI: OOVRSRHKQSBLKRB7QM17 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73128.00     | 0.00%             | 2054-06-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TCY9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    328762 | PA      | $307255.00    | 0.01%             | 2047-07-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                                                 | Kilroy Realty LP                                                                          | CUSIP: 49427RAK8<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              |  | US        |    120000 | PA      | $113478.00    | 0.00%             | 2029-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179U4C3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    587437 | PA      | $529253.42    | 0.01%             | 2049-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                                                                    | Owens Corning                                                                             | CUSIP: 690742AK7<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95593.00     | 0.00%             | 2030-06-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CORP                                                                | Toyota Motor Corp                                                                         | CUSIP: 892331AG4<br>LEI: 5493006W3QUS5LMH6R84 | Long             | DBT              | CORP              | JP        |    150000 | PA      | $141088.50    | 0.00%             | 2029-07-02      | Fixed         | 2.76%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PEC6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    550000 | PA      | $553806.00    | 0.01%             | 2035-01-23      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                                        | CUSIP: 05964HAZ8<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $222668.00    | 0.00%             | 2033-11-07      | Fixed         | 6.94%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PCY6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147025.50    | 0.00%             | 2027-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| County of Riverside CA                                                           | County of Riverside                                                                       | CUSIP: 76913CBF5<br>LEI: 254900CB5HEOBAVTY629 | Long             | DBT              | MUN               | US        |     75000 | PA      | $68413.50     | 0.00%             | 2038-02-15      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                                        | CUSIP: 05964HAX3<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $205084.00    | 0.00%             | 2027-11-07      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DNVL4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1255135 | PA      | $1160148.23   | 0.02%             | 2052-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KIMBERLY-CLARK CORP                                                              | Kimberly-Clark Corp                                                                       | CUSIP: 494368CC5<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46675.50     | 0.00%             | 2027-09-15      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| RenaissanceRe Holdings Ltd                                                       | RenaissanceRe Holdings Ltd                                                                | CUSIP: 75968NAD3<br>LEI: EK6GB9U3U58PDI411C94 | Long             | DBT              | CORP              | BM        |    150000 | PA      | $144069.00    | 0.00%             | 2029-04-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CITY OF HOPE/THE                                                                 | City of Hope                                                                              | CUSIP: 17858PAA9<br>LEI: 549300QIQJNNQEIXBL15 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94454.00     | 0.00%             | 2043-11-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                                     | ING Groep NV                                                                              | CUSIP: 456837AM5<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $299697.00    | 0.01%             | 2028-10-02      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                               | CUSIP: 931142FE8<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    250000 | PA      | $215225.00    | 0.00%             | 2053-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Healthcare Trust of America Holdings LP                                          | Healthcare Realty Holdings LP                                                             | CUSIP: 42225UAF1<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              |  | US        |     75000 | PA      | $73368.75     | 0.00%             | 2027-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179Y2N3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    147473 | PA      | $150682.73    | 0.00%             | 2054-07-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DPJT6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3586515 | PA      | $2825319.05   | 0.05%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | Mastercard Inc                                                                            | CUSIP: 57636QAW4<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153090.00    | 0.00%             | 2028-03-09      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CBRE SERVICES INC                                                                | CBRE Services Inc                                                                         | CUSIP: 12505BAH3<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102818.00    | 0.00%             | 2029-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWHG1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3142475 | PA      | $3118992.97   | 0.06%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WKK53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    195879 | PA      | $187975.50    | 0.00%             | 2047-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                                 | CUSIP: 674599ED3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    300000 | PA      | $312747.00    | 0.01%             | 2030-09-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| WILLIS NORTH AMERICA INC                                                         | Willis North America Inc                                                                  | CUSIP: 970648AL5<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150633.00    | 0.00%             | 2027-06-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                                     | ING Groep NV                                                                              | CUSIP: 456837AQ6<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $196106.00    | 0.00%             | 2029-04-09      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111GB3<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    200000 | PA      | $131626.00    | 0.00%             | 2061-06-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                                                      | Exelon Corp                                                                               | CUSIP: 30161NBN0<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    125000 | PA      | $126477.50    | 0.00%             | 2034-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                         | Santander UK Group Holdings PLC                                                           | CUSIP: 80281LAQ8<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $289929.00    | 0.01%             | 2027-06-14      | Fixed         | 1.67%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING                                                          | DCP Midstream Operating LP                                                                | CUSIP: 23311VAH0<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201890.00    | 0.00%             | 2029-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214FG3<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $249342.50    | 0.00%             | 2033-08-10      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED                                                            | Vale Overseas Ltd                                                                         | CUSIP: 91911TAQ6<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |    300000 | PA      | $280887.00    | 0.01%             | 2030-07-08      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ENTERGY CORP                                                                     | Entergy Corp                                                                              | CUSIP: 29364GAL7<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90989.00     | 0.00%             | 2030-06-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| OLD REPUBLIC INTL CORP                                                           | Old Republic International Corp                                                           | CUSIP: 680223AL8<br>LEI: 549300IV6O2YY2A1KH37 | Long             | DBT              | CORP              | US        |    125000 | PA      | $86271.25     | 0.00%             | 2051-06-11      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179V7D6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5752476 | PA      | $4626412.77   | 0.09%             | 2051-02-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687GA8<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    250000 | PA      | $176845.00    | 0.00%             | 2060-05-13      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                         | CUSIP: 29379VCE1<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200992.00    | 0.00%             | 2027-01-11      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YAW9<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    350000 | PA      | $294010.50    | 0.01%             | 2046-05-14      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| LINCOLN NATIONAL CORP                                                            | Lincoln National Corp                                                                     | CUSIP: 534187BK4<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91839.00     | 0.00%             | 2031-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CLH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13000000 | PA      | $12949472.64  | 0.24%             | 2026-08-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| STERIS PLC                                                                       | STERIS Irish FinCo UnLtd Co                                                               | CUSIP: 85917PAB3<br>LEI: 549300BRDKZ1HFI2J358 | Long             | DBT              | CORP              | IE        |    150000 | PA      | $104148.00    | 0.00%             | 2051-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NDG3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    250000 | PA      | $237560.00    | 0.00%             | 2030-04-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748CC4<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    350000 | PA      | $344718.50    | 0.01%             | 2035-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457AZ1<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102366.00    | 0.00%             | 2027-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132A8EC9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    113125 | PA      | $110041.27    | 0.00%             | 2030-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                                                | General Mills Inc                                                                         | CUSIP: 370334CX0<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100437.00    | 0.00%             | 2027-01-30      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| LINDE INC/CT                                                                     | Linde Inc/CT                                                                              | CUSIP: 74005PBS2<br>LEI: ZU69GUVJQGZ6Z1UOOO79 | Long             | DBT              | CORP              | US        |    150000 | PA      | $76381.50     | 0.00%             | 2050-08-10      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Federal National Mortgage Association                                                     | CUSIP: 3135G0Q22<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |   1500000 | PA      | $1459860.00   | 0.03%             | 2026-09-24      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FBP5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    625000 | PA      | $518131.25    | 0.01%             | 2035-11-15      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833ED8<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    500000 | PA      | $432810.00    | 0.01%             | 2031-02-08      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| CLECO CORPORATE HOLDINGS                                                         | Cleco Corporate Holdings LLC                                                              | CUSIP: 18551PAC3<br>LEI: 5493002H80P81B3HXL31 | Long             | DBT              | CORP              | US        |     32000 | PA      | $31633.28     | 0.00%             | 2026-05-01      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| F&G ANNUITIES & LIFE INC                                                         | F&G Annuities & Life Inc                                                                  | CUSIP: 30190AAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $104110.00    | 0.00%             | 2028-01-13      | Fixed         | 7.40%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                                                              | Synchrony Financial                                                                       | CUSIP: 87165BAP8<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148824.00    | 0.00%             | 2029-03-19      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| HERSHEY COMPANY                                                                  | Hershey Co/The                                                                            | CUSIP: 427866BJ6<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146647.50    | 0.00%             | 2033-05-04      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YDY2<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    225000 | PA      | $227382.75    | 0.00%             | 2028-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| NORDIC INVESTMENT BANK                                                           | Nordic Investment Bank                                                                    | CUSIP: 65562QBW4<br>LEI: 213800HYL1S7VAXG6Z48 | Long             | DBT              | NUSS              | XX        |    250000 | PA      | $253092.50    | 0.00%             | 2028-03-14      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BROWN UNIVERSITY                                                                 | Brown University                                                                          | CUSIP: 11575TAC2<br>LEI: 9M13ULPHBPDR83N6CB89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $63614.00     | 0.00%             | 2050-09-01      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 75513ECL3<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    200000 | PA      | $119644.00    | 0.00%             | 2051-09-01      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| ADVENTIST HEALTH SYS/W                                                           | Adventist Health System/West                                                              | CUSIP: 007944AK7<br>LEI: 5493008YM33UCY5QPW83 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49346.00     | 0.00%             | 2034-12-01      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UV90<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    218550 | PA      | $203212.90    | 0.00%             | 2049-07-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D6C1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4380703 | PA      | $3587403.91   | 0.07%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GWL4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    500000 | PA      | $490895.00    | 0.01%             | 2028-06-05      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                                                   | Starbucks Corp                                                                            | CUSIP: 855244BC2<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    200000 | PA      | $178060.00    | 0.00%             | 2032-02-14      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS                                                         | Air Products and Chemicals Inc                                                            | CUSIP: 009158BK1<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198198.00    | 0.00%             | 2034-02-08      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES                                                           | PPL Electric Utilities Corp                                                               | CUSIP: 69351UAS2<br>LEI: 549300GCZLSGYEYPIR35 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81356.00     | 0.00%             | 2044-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJMS6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    101056 | PA      | $100018.56    | 0.00%             | 2039-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WESTLAKE CORP                                                                    | Westlake Corp                                                                             | CUSIP: 960413AZ5<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | DBT              | CORP              | US        |    125000 | PA      | $74020.00     | 0.00%             | 2051-08-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                                                     | AutoZone Inc                                                                              | CUSIP: 053332BG6<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |     75000 | PA      | $79245.75     | 0.00%             | 2028-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                                                     | Synopsys Inc                                                                              | CUSIP: 871607AB3<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |    175000 | PA      | $176106.00    | 0.00%             | 2028-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO                                                                  | DTE Electric Co                                                                           | CUSIP: 23338VAK2<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |    150000 | PA      | $135742.50    | 0.00%             | 2030-03-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                                      | CUSIP: 94106LBS7<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193136.00    | 0.00%             | 2032-04-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VFD1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    275000 | PA      | $205130.75    | 0.00%             | 2050-03-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202FE51<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    182458 | PA      | $173168.06    | 0.00%             | 2040-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140Q8CV5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    387814 | PA      | $372154.43    | 0.01%             | 2048-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QKQH4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    213311 | PA      | $175136.74    | 0.00%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                         | Santander UK Group Holdings PLC                                                           | CUSIP: 80281LAP0<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $176048.00    | 0.00%             | 2032-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| NEVADA POWER CO                                                                  | Nevada Power Co                                                                           | CUSIP: 641423CG1<br>LEI: MJZFGXRJ52U8U4MKJ519 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98992.00     | 0.00%             | 2054-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477BF9<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91175.00     | 0.00%             | 2034-11-01      | Fixed         | 3.03%                 | No            |                  2 | On Loan: No      |
| Indonesia Government International Bonds                                         | Indonesia Government International Bonds                                                  | CUSIP: 455780DQ6<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    300000 | PA      | $301899.00    | 0.01%             | 2028-01-11      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076AV4<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207358.00    | 0.00%             | 2041-04-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Oriental Republic of Uruguay                                                     | Oriental Republic of Uruguay                                                              | CUSIP: 760942BG6<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    200000 | PA      | $176350.00    | 0.00%             | 2060-09-10      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LANDWIRTSCH. RENTENBANK                                                          | Landwirtschaftliche Rentenbank                                                            | CUSIP: 515110CC6<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |    250000 | PA      | $249790.00    | 0.00%             | 2027-09-28      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179QT84<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     97413 | PA      | $100339.18    | 0.00%             | 2044-11-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                               | CUSIP: 68389XCB9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    275000 | PA      | $192241.50    | 0.00%             | 2061-03-25      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| ONEOK Inc                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680AN3<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76756.50     | 0.00%             | 2035-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                                                   | Salesforce Inc                                                                            | CUSIP: 79466LAL8<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |    350000 | PA      | $217969.50    | 0.00%             | 2051-07-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                                                  | Cigna Group/The                                                                           | CUSIP: 125523BK5<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    145000 | PA      | $105275.80    | 0.00%             | 2047-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UZS4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    646498 | PA      | $565889.38    | 0.01%             | 2049-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457CW6<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203216.00    | 0.00%             | 2032-02-12      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140NA2U6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1403631 | PA      | $1392542.01   | 0.03%             | 2053-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OMNICOM GROUP INC                                                                | Omnicom Group Inc                                                                         | CUSIP: 681919BG0<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99279.00     | 0.00%             | 2034-11-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179RF95<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    195214 | PA      | $177404.95    | 0.00%             | 2045-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                                     | CUSIP: 88579YBG5<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192292.00    | 0.00%             | 2029-03-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | Dominion Energy Inc                                                                       | CUSIP: 25746UDX4<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148341.00    | 0.00%             | 2035-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140FVUY0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    154898 | PA      | $144695.33    | 0.00%             | 2047-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                                                                | Brown & Brown Inc                                                                         | CUSIP: 115236AG6<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101173.00    | 0.00%             | 2034-06-11      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CLD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8300000 | PA      | $8314589.82   | 0.16%             | 2031-07-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418E7C8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1156163 | PA      | $1186804.49   | 0.02%             | 2054-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397YT4<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190834.00    | 0.00%             | 2027-11-02      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VN22<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1759232 | PA      | $1478694.64   | 0.03%             | 2050-06-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 3620A7ZK4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     35995 | PA      | $33984.80     | 0.00%             | 2040-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJXY1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    259412 | PA      | $244265.95    | 0.00%             | 2046-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWCJ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1584259 | PA      | $1297857.54   | 0.02%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                           | CUSIP: 500769JD7<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    400000 | PA      | $365736.00    | 0.01%             | 2029-09-14      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810QA9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1728300 | PA      | $1531975.92   | 0.03%             | 2039-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                            | CUSIP: 594918BL7<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    175000 | PA      | $158191.25    | 0.00%             | 2045-11-03      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Province of Quebec                                                               | Province of Quebec Canada                                                                 | CUSIP: 748148QR7<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    421000 | PA      | $475271.11    | 0.01%             | 2029-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810SW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11600000 | PA      | $7818218.81   | 0.15%             | 2041-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| LYB International Finance BV                                                     | LYB International Finance BV                                                              | CUSIP: 50247VAB5<br>LEI: 549300J6QSW38QNOJK61 | Long             | DBT              | CORP              | NL        |    150000 | PA      | $130290.00    | 0.00%             | 2043-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN INVEST CO                                                         | Inter-American Investment Corp                                                            | CUSIP: 45828Q2B2<br>LEI: 5493001X4LH60PFRL744 | Long             | DBT              | NUSS              | XX        |    200000 | PA      | $200668.00    | 0.00%             | 2028-02-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Interstate Power & Light Co                                                      | Interstate Power and Light Co                                                             | CUSIP: 461070AQ7<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96450.00     | 0.00%             | 2029-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| KIMBERLY-CLARK CORP                                                              | Kimberly-Clark Corp                                                                       | CUSIP: 494368CA9<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |    150000 | PA      | $95248.50     | 0.00%             | 2050-02-07      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| MARKEL GROUP INC                                                                 | Markel Group Inc                                                                          | CUSIP: 570535AU8<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95374.00     | 0.00%             | 2029-09-17      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                               | CUSIP: 931142DQ3<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86802.00     | 0.00%             | 2044-04-22      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 06051GEN5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    275000 | PA      | $282287.50    | 0.01%             | 2042-02-07      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YFS9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    400000 | PA      | $404164.00    | 0.01%             | 2030-07-19      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                                                          | Canadian Natural Resources Ltd                                                            | CUSIP: 136385BC4<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $145990.50    | 0.00%             | 2034-12-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Republic of Poland Government International Bonds                                | Republic of Poland Government International Bonds                                         | CUSIP: 731011AV4<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    400000 | PA      | $392756.00    | 0.01%             | 2033-10-04      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FORTIVE CORPORATION                                                              | Fortive Corp                                                                              | CUSIP: 34959JAH1<br>LEI: 549300MU9YQJYHDQEF63 | Long             | DBT              | CORP              | US        |     80000 | PA      | $63442.40     | 0.00%             | 2046-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                         | CUSIP: 24703DBJ9<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204238.00    | 0.00%             | 2028-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MARKEL GROUP INC                                                                 | Markel Group Inc                                                                          | CUSIP: 570535AX2<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |     75000 | PA      | $49062.75     | 0.00%             | 2052-05-07      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                                 | Altria Group Inc                                                                          | CUSIP: 02209SBM4<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    275000 | PA      | $199113.75    | 0.00%             | 2041-02-04      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830CE7<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89926.00     | 0.00%             | 2064-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CDL2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10500000 | PA      | $9687480.50   | 0.18%             | 2028-11-30      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| GLAXOSMITHKLINE CAP INC                                                          | GlaxoSmithKline Capital Inc                                                               | CUSIP: 377372AE7<br>LEI: 5493007Q8VD7Q3ZYZS59 | Long             | DBT              | CORP              | US        |    463000 | PA      | $505531.18    | 0.01%             | 2038-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                                     | NiSource Inc                                                                              | CUSIP: 65473PAS4<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152928.00    | 0.00%             | 2029-07-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                                | CUSIP: 871829BK2<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90352.00     | 0.00%             | 2030-02-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| ATMOS ENERGY CORP                                                                | Atmos Energy Corp                                                                         | CUSIP: 049560AY1<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98152.00     | 0.00%             | 2052-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MOHAWK INDUSTRIES INC                                                            | Mohawk Industries Inc                                                                     | CUSIP: 608190AL8<br>LEI: 549300JI1115MG3Q6322 | Long             | DBT              | CORP              | US        |    160000 | PA      | $150876.80    | 0.00%             | 2030-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds                                             | Chile Government International Bonds                                                      | CUSIP: 168863CE6<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    200000 | PA      | $151656.00    | 0.00%             | 2047-06-21      | Fixed         | 3.86%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406RAW7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85467.00     | 0.00%             | 2031-07-28      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CJT9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9501000 | PA      | $9503783.51   | 0.18%             | 2027-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                                  | CUSIP: 74432QCC7<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     97000 | PA      | $96077.53     | 0.00%             | 2028-03-27      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                                | CUSIP: 444859BR2<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    150000 | PA      | $122956.50    | 0.00%             | 2032-02-03      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                                    | CUSIP: 62954HBE7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    100000 | PA      | $99887.00     | 0.00%             | 2027-06-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Flowers Foods Inc                                                                | Flowers Foods Inc                                                                         | CUSIP: 343498AB7<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73710.00     | 0.00%             | 2026-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| International Flavors & Fragrances Inc                                           | International Flavors & Fragrances Inc                                                    | CUSIP: 459506AL5<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |    150000 | PA      | $123390.00    | 0.00%             | 2048-09-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132JNYY7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     11839 | PA      | $11645.14     | 0.00%             | 2043-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179MK74<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    374269 | PA      | $343392.29    | 0.01%             | 2042-08-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GLG2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    700000 | PA      | $711585.00    | 0.01%             | 2029-04-25      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| SIRIUSPOINT LTD                                                                  | SiriusPoint Ltd                                                                           | CUSIP: 82969BAA0<br>LEI: 549300OGXFI85N3YZZ51 | Long             | DBT              | CORP              | BM        |    100000 | PA      | $104161.00    | 0.00%             | 2029-04-05      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140F0GY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    191919 | PA      | $168821.46    | 0.00%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GEORGE WASHINGTON UNIVER                                                         | George Washington University/The                                                          | CUSIP: 372546AT8<br>LEI: 5493002S4P5IVD462L47 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83030.00     | 0.00%             | 2044-09-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CENCORA INC                                                                      | Cencora Inc                                                                               | CUSIP: 03073EAV7<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75408.00     | 0.00%             | 2027-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| REGIONS FINANCIAL CORP                                                           | Regions Financial Corp                                                                    | CUSIP: 7591EPAV2<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196398.00    | 0.00%             | 2035-09-06      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| American Water Capital Corp                                                      | American Water Capital Corp                                                               | CUSIP: 03040WAT2<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78844.00     | 0.00%             | 2048-09-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp                                | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 637432NR2<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     50000 | PA      | $40817.00     | 0.00%             | 2048-11-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| NOVANT HEALTH INC                                                                | Novant Health Inc                                                                         | CUSIP: 66988AAH7<br>LEI: 549300ZUXEGFGE8EP917 | Long             | DBT              | CORP              | US        |    100000 | PA      | $63926.00     | 0.00%             | 2051-11-01      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| UNILEVER CAPITAL CORP                                                            | Unilever Capital Corp                                                                     | CUSIP: 904764BT3<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152472.00    | 0.00%             | 2033-12-08      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hewlett Packard Enterprise Co                                                    | Hewlett Packard Enterprise Co                                                             | CUSIP: 42824CAY5<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    262000 | PA      | $262243.66    | 0.00%             | 2045-10-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VAT0<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100944.00    | 0.00%             | 2041-02-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RCQ3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    375000 | PA      | $320347.50    | 0.01%             | 2046-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                                                   | Microsoft Corp                                                                            | CUSIP: 594918CC6<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $699959.00    | 0.01%             | 2050-06-01      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | Fiserv Inc                                                                                | CUSIP: 337738BJ6<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151621.50    | 0.00%             | 2027-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| MOTOROLA SOLUTIONS INC                                                           | Motorola Solutions Inc                                                                    | CUSIP: 620076BT5<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |    175000 | PA      | $153863.50    | 0.00%             | 2030-11-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                          | CUSIP: 06368L8L3<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $149968.50    | 0.00%             | 2030-09-10      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140JAFK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    369967 | PA      | $345937.28    | 0.01%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TV77<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    171899 | PA      | $165822.15    | 0.00%             | 2048-04-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                                                  | State of Israel                                                                           | CUSIP: 46513JXM8<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    200000 | PA      | $178380.00    | 0.00%             | 2030-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SUZANO INTL FINANCE BV                                                           | Suzano International Finance BV                                                           | CUSIP: 000000000<br>LEI: 5493000KMIB6J1KMKL84 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $201698.00    | 0.00%             | 2027-01-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ArcelorMittal                                                                    | ArcelorMittal SA                                                                          | CUSIP: 03938LAP9<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $108698.00    | 0.00%             | 2039-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Phillips 66                                                                      | Phillips 66                                                                               | CUSIP: 718546AK0<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |    225000 | PA      | $211050.00    | 0.00%             | 2034-11-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                          | CUSIP: 124857AT0<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144361.50    | 0.00%             | 2028-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418MGQ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     41542 | PA      | $42596.79     | 0.00%             | 2039-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TAKEDA PHARMACEUTICAL                                                            | Takeda Pharmaceutical Co Ltd                                                              | CUSIP: 874060BM7<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $189610.00    | 0.00%             | 2054-07-05      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D54Q2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     85216 | PA      | $79364.57     | 0.00%             | 2035-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                                       | CUSIP: 14913R3A3<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148054.50    | 0.00%             | 2027-08-12      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                                  | CUSIP: 74432QCD5<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     75000 | PA      | $61240.50     | 0.00%             | 2048-03-27      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748BV3<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    175000 | PA      | $171512.25    | 0.00%             | 2053-09-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650DH0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147504.00    | 0.00%             | 2027-04-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ARCELORMITTAL SA                                                                 | ArcelorMittal SA                                                                          | CUSIP: 03938LBE3<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $207478.00    | 0.00%             | 2027-11-29      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36180CYS2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    127644 | PA      | $117003.18    | 0.00%             | 2043-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X7YP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2384137 | PA      | $2060484.29   | 0.04%             | 2050-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HOLCIM FINANCE US LLC                                                            | Holcim Finance US LLC                                                                     | CUSIP: 43475RAD8<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149353.50    | 0.00%             | 2035-04-07      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GJT7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    800000 | PA      | $707200.00    | 0.01%             | 2032-04-22      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312939WA5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     38250 | PA      | $38507.94     | 0.00%             | 2040-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                                                  | Chevron USA Inc                                                                           | CUSIP: 166756AH9<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |    150000 | PA      | $83253.00     | 0.00%             | 2050-08-12      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| TRUSTEES OF BOSTON COLL                                                          | Trustees of Boston College                                                                | CUSIP: 89838LAG9<br>LEI: 549300Q2G2ZLXN1EX541 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65176.00     | 0.00%             | 2052-07-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138LWTY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11995 | PA      | $11916.43     | 0.00%             | 2027-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M9CL4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    155876 | PA      | $149088.48    | 0.00%             | 2042-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                                     | CUSIP: 89788MAM4<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    350000 | PA      | $343360.50    | 0.01%             | 2034-01-26      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Time Warner Cable LLC                                                            | Time Warner Cable LLC                                                                     | CUSIP: 88732JBD9<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $153834.00    | 0.00%             | 2042-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NCU3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    300000 | PA      | $295776.00    | 0.01%             | 2030-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DIAGEO CAPITAL PLC                                                               | Diageo Capital PLC                                                                        | CUSIP: 25243YBE8<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $168084.00    | 0.00%             | 2032-04-29      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132GKZN9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    188086 | PA      | $174384.15    | 0.00%             | 2041-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076CE0<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     75000 | PA      | $68686.50     | 0.00%             | 2028-03-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D3X8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4594742 | PA      | $3582755.05   | 0.07%             | 2051-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967LD1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    500000 | PA      | $493805.00    | 0.01%             | 2028-01-10      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                          | CUSIP: 22822VAR2<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    150000 | PA      | $138757.50    | 0.00%             | 2030-07-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                         | CUSIP: 20826FBL9<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    250000 | PA      | $244630.00    | 0.00%             | 2035-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                               | CUSIP: 931142EQ2<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93268.00     | 0.00%             | 2029-09-24      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DLP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     23340 | PA      | $20710.13     | 0.00%             | 2040-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280CV9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $368648.00    | 0.01%             | 2029-08-17      | Fixed         | 2.21%                 | No            |                  2 | On Loan: No      |
| Exelon Corp                                                                      | Exelon Corp                                                                               | CUSIP: 30161NAV3<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80475.00     | 0.00%             | 2046-04-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp                                                            | Northrop Grumman Corp                                                                     | CUSIP: 666807BJ0<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |     75000 | PA      | $57946.50     | 0.00%             | 2045-04-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818FK9<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    350000 | PA      | $235648.00    | 0.00%             | 2050-02-05      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| EQT Corp                                                                         | EQT Corp                                                                                  | CUSIP: 26884LAF6<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    250000 | PA      | $245852.50    | 0.00%             | 2027-10-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| WESTLAKE CORP                                                                    | Westlake Corp                                                                             | CUSIP: 960413AS1<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84090.00     | 0.00%             | 2046-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MID-AMERICA APARTMENTS                                                           | Mid-America Apartments LP                                                                 | CUSIP: 59523UAV9<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              |  | US        |     75000 | PA      | $74607.75     | 0.00%             | 2034-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORIX CORP                                                                        | ORIX Corp                                                                                 | CUSIP: 686330AQ4<br>LEI: 35380016EMHNBOVYE123 | Long             | DBT              | CORP              | JP        |     95000 | PA      | $95817.00     | 0.00%             | 2027-09-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                           | CUSIP: 500769HS6<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    750000 | PA      | $729757.50    | 0.01%             | 2028-04-03      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810TM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7500000 | PA      | $6719531.25   | 0.13%             | 2042-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northern Trust Corp                                                              | Northern Trust Corp                                                                       | CUSIP: 665859AT1<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98312.00     | 0.00%             | 2028-08-03      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| COSTCO WHOLESALE CORP                                                            | Costco Wholesale Corp                                                                     | CUSIP: 22160KAN5<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | DBT              | CORP              | US        |    250000 | PA      | $237100.00    | 0.00%             | 2027-06-20      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CJX0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7600000 | PA      | $7584859.36   | 0.14%             | 2031-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                               | CUSIP: 59156RAJ7<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    100000 | PA      | $109192.00    | 0.00%             | 2034-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810FP8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1460000 | PA      | $1558207.82   | 0.03%             | 2031-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280CF4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $403648.00    | 0.01%             | 2030-03-31      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31416Y3D8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4562 | PA      | $4521.10      | 0.00%             | 2026-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SOUTHWEST GAS CORP                                                               | Southwest Gas Corp                                                                        | CUSIP: 845011AE5<br>LEI: OQQR1IQTGBKH0UR88X59 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140007.00    | 0.00%             | 2032-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DN65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    250189 | PA      | $228040.24    | 0.00%             | 2035-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                            | CUSIP: 10373QBL3<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    300000 | PA      | $288402.00    | 0.01%             | 2030-04-06      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| MAIN STREET CAPITAL CORP                                                         | Main Street Capital Corp                                                                  | CUSIP: 56035LAJ3<br>LEI: 5493001FS9QJLJNF3E20 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50979.50     | 0.00%             | 2027-06-04      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448FN3<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79712.00     | 0.00%             | 2052-07-18      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477BQ5<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96266.00     | 0.00%             | 2027-11-18      | Fixed         | 1.68%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650DV9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    250000 | PA      | $222570.00    | 0.00%             | 2053-02-21      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400HF3<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $64041.00     | 0.00%             | 2051-06-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EGK0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1633420 | PA      | $1542408.43   | 0.03%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810FM5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    950000 | PA      | $1046373.04   | 0.02%             | 2030-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| IBERDROLA INTL BV                                                                | Iberdrola International BV                                                                | CUSIP: 29266MAF6<br>LEI: 549300ZMLFJKWC63XN87 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $111635.00    | 0.00%             | 2036-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                               | CUSIP: 302154DV8<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    400000 | PA      | $406564.00    | 0.01%             | 2028-01-11      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities Inc                                              | Alexandria Real Estate Equities Inc                                                       | CUSIP: 015271AS8<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |    150000 | PA      | $106953.00    | 0.00%             | 2050-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135CB0<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    650000 | PA      | $430469.00    | 0.01%             | 2051-05-12      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140EWAK1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    188959 | PA      | $171243.12    | 0.00%             | 2046-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                                                     | QUALCOMM Inc                                                                              | CUSIP: 747525BS1<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156342.00    | 0.00%             | 2033-05-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830BR9<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142572.00    | 0.00%             | 2032-06-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJ2H2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    670070 | PA      | $626779.06    | 0.01%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                            | CUSIP: 617446HD4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    180000 | PA      | $205245.00    | 0.00%             | 2032-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UPA4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    223502 | PA      | $208456.83    | 0.00%             | 2049-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                                 | CUSIP: 037833BW9<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196626.00    | 0.00%             | 2036-02-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132CWAQ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     86098 | PA      | $83940.35     | 0.00%             | 2033-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200KN0<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87904.00     | 0.00%             | 2032-02-09      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172DQ9<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    125000 | PA      | $122505.00    | 0.00%             | 2034-11-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                                                                | Expedia Group Inc                                                                         | CUSIP: 30212PAP0<br>LEI: CI7MUJI4USF3V0NJ1H64 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195862.00    | 0.00%             | 2028-02-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UQ62<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    180611 | PA      | $173945.86    | 0.00%             | 2049-04-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                                  | CUSIP: 74432QBD6<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    150000 | PA      | $164935.50    | 0.00%             | 2037-12-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                                                                      | MetLife Inc                                                                               | CUSIP: 59156RCN6<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202650.00    | 0.00%             | 2034-12-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133BMQG3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1110162 | PA      | $1055293.39   | 0.02%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc                                                  | Philip Morris International Inc                                                           | CUSIP: 718172CE7<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97136.00     | 0.00%             | 2028-03-02      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| CHURCH & DWIGHT CO INC                                                           | Church & Dwight Co Inc                                                                    | CUSIP: 17136MAC6<br>LEI: POOXSI30AWAQGYJZC921 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104008.00    | 0.00%             | 2032-11-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON INGALLS INDUS                                                         | Huntington Ingalls Industries Inc                                                         | CUSIP: 446413AZ9<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92229.00     | 0.00%             | 2028-08-16      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| Halliburton Co                                                                   | Halliburton Co                                                                            | CUSIP: 406216BK6<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |    330000 | PA      | $284186.10    | 0.01%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Western Union Co/The                                                             | Western Union Co/The                                                                      | CUSIP: 959802AH2<br>LEI: 28ID94QU1140NC23S047 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101050.00    | 0.00%             | 2036-11-17      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680BV4<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $129975.00    | 0.00%             | 2043-10-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| FNB CORP                                                                         | FNB Corp/PA                                                                               | CUSIP: 000000000<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98936.00     | 0.00%             | 2030-12-11      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YDT3<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    350000 | PA      | $355792.50    | 0.01%             | 2031-03-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| MANUF & TRADERS TRUST CO                                                         | Manufacturers & Traders Trust Co                                                          | CUSIP: 55279HAW0<br>LEI: WWB2V0FCW3A0EE3ZJN75 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251045.00    | 0.00%             | 2028-01-27      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| THE CAMPBELLS COMPANY                                                            | The Campbell's Company                                                                    | CUSIP: 134429BJ7<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |     75000 | PA      | $67081.50     | 0.00%             | 2030-04-24      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                          | CUSIP: 05526DBZ7<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    175000 | PA      | $182239.75    | 0.00%             | 2034-02-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810TB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12500000 | PA      | $6775390.63   | 0.13%             | 2051-11-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                                    | CUSIP: 202795JH4<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98133.00     | 0.00%             | 2026-06-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66 CO                                                                   | Phillips 66 Co                                                                            | CUSIP: 718547AX0<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88421.00     | 0.00%             | 2055-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                                | CUSIP: 31428XCU8<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |    225000 | PA      | $178751.25    | 0.00%             | 2046-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YBU2<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $171700.00    | 0.00%             | 2031-09-13      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWHT3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2570705 | PA      | $2549416.24   | 0.05%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                             | CUSIP: 744448CY5<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |    150000 | PA      | $133528.50    | 0.00%             | 2053-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                                         | Corebridge Financial Inc                                                                  | CUSIP: 21871XAP4<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    175000 | PA      | $177997.75    | 0.00%             | 2052-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833EA4<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    300000 | PA      | $168915.00    | 0.00%             | 2060-08-20      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| AvalonBay Communities Inc                                                        | AvalonBay Communities Inc                                                                 | CUSIP: 05348EAY5<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |    100000 | PA      | $97922.00     | 0.00%             | 2026-10-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                                       | CUSIP: 459058LQ4<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |   1000000 | PA      | $1023930.00   | 0.02%             | 2032-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TransCanada PipeLines Ltd                                                        | TransCanada PipeLines Ltd                                                                 | CUSIP: 8935268Z9<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $286955.00    | 0.01%             | 2039-01-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2019-C53                                            | CUSIP: 95002BAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $465169.26    | 0.01%             | 2052-10-15      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| Illinois Tool Works Inc                                                          | Illinois Tool Works Inc                                                                   | CUSIP: 452308AX7<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196024.00    | 0.00%             | 2026-11-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| OTIS WORLDWIDE CORP                                                              | Otis Worldwide Corp                                                                       | CUSIP: 68902VAP2<br>LEI: 549300ZLBKR8VSU25153 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102570.00    | 0.00%             | 2028-08-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DVC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3151389 | PA      | $2591951.63   | 0.05%             | 2050-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                                       | CUSIP: 49446RAW9<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |    100000 | PA      | $90709.00     | 0.00%             | 2030-10-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 06051GHG7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    500000 | PA      | $491245.00    | 0.01%             | 2029-03-05      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| VOYA FINANCIAL INC                                                               | Voya Financial Inc                                                                        | CUSIP: 929089AH3<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71507.25     | 0.00%             | 2034-09-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                                       | CUSIP: 37940XAN2<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100935.00    | 0.00%             | 2029-08-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967DR9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101396.00    | 0.00%             | 2036-08-25      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216DC1<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    250000 | PA      | $145510.00    | 0.00%             | 2051-03-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 912828ZV5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7000000 | PA      | $6530234.41   | 0.12%             | 2027-06-30      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                                                  | Cigna Group/The                                                                           | CUSIP: 125523AH3<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    735000 | PA      | $731141.25    | 0.01%             | 2028-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36241L6P6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    283630 | PA      | $279271.33    | 0.01%             | 2041-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804GN8<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95571.00     | 0.00%             | 2053-08-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Eversource Energy                                                                | Eversource Energy                                                                         | CUSIP: 30040WAF5<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147619.50    | 0.00%             | 2029-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                                   | CUSIP: 824348BM7<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65600.00     | 0.00%             | 2050-05-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                                                            | PACCAR Financial Corp                                                                     | CUSIP: 69371RS72<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101395.00    | 0.00%             | 2026-11-09      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140KQMB4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    334651 | PA      | $267157.42    | 0.01%             | 2050-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DH EUROPE FINANCE II                                                             | DH Europe Finance II Sarl                                                                 | CUSIP: 23291KAJ4<br>LEI: 222100KDGL314CKTZ511 | Long             | DBT              | CORP              | LU        |    150000 | PA      | $117481.50    | 0.00%             | 2039-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HORMEL FOODS CORP                                                                | Hormel Foods Corp                                                                         | CUSIP: 440452AF7<br>LEI: MSD54751OJP1FS2ND863 | Long             | DBT              | CORP              | US        |    150000 | PA      | $132249.00    | 0.00%             | 2030-06-11      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJZW3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    144367 | PA      | $126591.26    | 0.00%             | 2047-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| APOLLO DEBT SOLUTIONS BD                                                         | Apollo Debt Solutions BDC                                                                 | CUSIP: 03770DAB9<br>LEI: 549300UMUGX092P8DW87 | Long             | DBT              | CORP              | US        |    125000 | PA      | $129657.50    | 0.00%             | 2029-04-13      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| Alabama Power Co                                                                 | Alabama Power Co                                                                          | CUSIP: 010392FS2<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |    150000 | PA      | $121350.00    | 0.00%             | 2048-07-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                                | L3Harris Technologies Inc                                                                 | CUSIP: 502431AT6<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153072.00    | 0.00%             | 2031-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                                | CUSIP: 91159HJS0<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202602.00    | 0.00%             | 2030-07-23      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FBJ9<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    525000 | PA      | $407190.00    | 0.01%             | 2041-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc                                                                     | Enbridge Inc                                                                              | CUSIP: 29250NAJ4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $80322.00     | 0.00%             | 2044-06-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                          | HCA Inc                                                                                   | CUSIP: 404119BW8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $206516.00    | 0.00%             | 2029-02-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TIMKEN CO                                                                        | Timken Co/The                                                                             | CUSIP: 887389AK0<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99342.00     | 0.00%             | 2028-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335CAA2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     83508 | PA      | $85790.90     | 0.00%             | 2041-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Burlington Northern Santa Fe LLC                                                 | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LBC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $118414.50    | 0.00%             | 2048-06-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| WESTLAKE CORP                                                                    | Westlake Corp                                                                             | CUSIP: 960413AU6<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | DBT              | CORP              | US        |    100000 | PA      | $75366.00     | 0.00%             | 2047-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HOLCIM FINANCE US LLC                                                            | Holcim Finance US LLC                                                                     | CUSIP: 43475RAB2<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125718.75    | 0.00%             | 2028-04-07      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL FINANCIAL                                                          | Fidelity National Financial Inc                                                           | CUSIP: 31620RAL9<br>LEI: 549300CAZYIH39SYQ287 | Long             | DBT              | CORP              | US        |     75000 | PA      | $45046.50     | 0.00%             | 2051-09-17      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DUH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1810261 | PA      | $1489463.18   | 0.03%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                                           | Santander Holdings USA Inc                                                                | CUSIP: 80282KBM7<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201176.00    | 0.00%             | 2030-09-06      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                              | CUSIP: 251526CX5<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $199302.00    | 0.00%             | 2030-09-11      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Enbridge Energy Partners LP                                                      | Enbridge Energy Partners LP                                                               | CUSIP: 29250RAT3<br>LEI: CZ6VG2MNE1J6YDI02G48 | Long             | DBT              | CORP              | US        |     80000 | PA      | $74984.00     | 0.00%             | 2040-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                                                  | Chevron USA Inc                                                                           | CUSIP: 166756AU0<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95490.00     | 0.00%             | 2043-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36180AAE3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    343118 | PA      | $333180.21    | 0.01%             | 2054-09-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QMZN7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    968301 | PA      | $797716.38    | 0.01%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YAX7<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $187740.00    | 0.00%             | 2030-07-16      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                            | CUSIP: 58933YBK0<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    300000 | PA      | $295200.00    | 0.01%             | 2033-05-17      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AON NORTH AMERICA INC                                                            | Aon North America Inc                                                                     | CUSIP: 03740MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $151630.50    | 0.00%             | 2027-03-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                                         | Corebridge Financial Inc                                                                  | CUSIP: 21871XAR0<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103736.00    | 0.00%             | 2033-09-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Owens Corning                                                                    | Owens Corning                                                                             | CUSIP: 690742AB7<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |     25000 | PA      | $27680.50     | 0.00%             | 2036-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| American Water Capital Corp                                                      | American Water Capital Corp                                                               | CUSIP: 03040WAU9<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |    300000 | PA      | $288198.00    | 0.01%             | 2029-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| PFIZER INC                                                                       | Pfizer Inc                                                                                | CUSIP: 717081EY5<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $175390.00    | 0.00%             | 2030-05-28      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                          | CUSIP: 30231GBJ0<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247097.50    | 0.00%             | 2027-03-19      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| Suncor Energy Inc                                                                | Suncor Energy Inc                                                                         | CUSIP: 86722TAB8<br>LEI: 549300W70ZOQDVLCHY06 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $160416.00    | 0.00%             | 2039-06-01      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                               | CUSIP: 302154DM8<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    250000 | PA      | $239390.00    | 0.00%             | 2027-01-18      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| SPIRE MISSOURI INC                                                               | Spire Missouri Inc                                                                        | CUSIP: 84859DAA5<br>LEI: 06LJQCOVPRXOPDHFC707 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65584.00     | 0.00%             | 2051-06-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                                  | CUSIP: 298785JA5<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    350000 | PA      | $317751.00    | 0.01%             | 2029-10-09      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Finance Corp                                                  | Berkshire Hathaway Finance Corp                                                           | CUSIP: 084664BU4<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90513.00     | 0.00%             | 2042-05-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| JAPAN INT'L COOP AGENCY                                                          | Japan International Cooperation Agency                                                    | CUSIP: 47109LAH7<br>LEI: 254900XEIG78M2AJB031 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $203788.00    | 0.00%             | 2029-05-21      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc                                                             | Freeport-McMoRan Inc                                                                      | CUSIP: 35671DBJ3<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100002.00    | 0.00%             | 2034-11-14      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| AXIS SPECIALTY FINANCE                                                           | AXIS Specialty Finance LLC                                                                | CUSIP: 05463HAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $47493.00     | 0.00%             | 2040-01-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2017-C42                                            | CUSIP: 95001GAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1400000 | PA      | $1358643.73   | 0.03%             | 2050-12-15      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| Dell Inc                                                                         | Dell Inc                                                                                  | CUSIP: 247025AE9<br>LEI: 3E70L4WYANTIWWIPHC81 | Long             | DBT              | CORP              | US        |     75000 | PA      | $79872.00     | 0.00%             | 2028-04-15      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GZR8<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    650000 | PA      | $638436.50    | 0.01%             | 2028-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                                                            | American Homes 4 Rent LP                                                                  | CUSIP: 02666TAC1<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |    100000 | PA      | $85858.00     | 0.00%             | 2031-07-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PEQ1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153664.50    | 0.00%             | 2030-02-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                            | MidAmerican Energy Co                                                                     | CUSIP: 595620AU9<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |    150000 | PA      | $118537.50    | 0.00%             | 2049-07-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475BJ3<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    250000 | PA      | $261807.50    | 0.00%             | 2033-10-28      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | Oklahoma Development Finance Authority                                                    | CUSIP: 6789084G6<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |    100000 | PA      | $93887.10     | 0.00%             | 2044-06-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Takeda Pharmaceutical Co Ltd                                                     | Takeda Pharmaceutical Co Ltd                                                              | CUSIP: 874060BD7<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $123166.00    | 0.00%             | 2060-07-09      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| TRANSCONT GAS PIPE LINE                                                          | Transcontinental Gas Pipe Line Co LLC                                                     | CUSIP: 893574AK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $98913.00     | 0.00%             | 2028-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31410KKX1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    460133 | PA      | $471690.33    | 0.01%             | 2038-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Reynolds American Inc                                                            | Reynolds American Inc                                                                     | CUSIP: 761713AT3<br>LEI: 02S2RPPVO9RP4NEU2740 | Long             | DBT              | CORP              | US        |     75000 | PA      | $82520.25     | 0.00%             | 2037-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY OHIO INC                                                             | Duke Energy Ohio Inc                                                                      | CUSIP: 26442EAK6<br>LEI: L6KC0HABGHNFU1Z6QY21 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95212.00     | 0.00%             | 2053-04-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| NATURE CONSERVANCY (THE)                                                         | Nature Conservancy/The                                                                    | CUSIP: 63902HBF5<br>LEI: 549300GJ1IZME7V1JJ28 | Long             | DBT              | CORP              | US        |     75000 | PA      | $57079.50     | 0.00%             | 2052-03-01      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JCF9<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95014.00     | 0.00%             | 2032-06-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| PFIZER INVESTMENT ENTER                                                          | Pfizer Investment Enterprises Pte Ltd                                                     | CUSIP: 716973AE2<br>LEI: 5493000FQO8XF9C0RT95 | Long             | DBT              | CORP              | SG        |    950000 | PA      | $934743.00    | 0.02%             | 2033-05-19      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                                                   | Starbucks Corp                                                                            | CUSIP: 855244BH1<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100881.00    | 0.00%             | 2031-02-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                                                          | Astrazeneca Finance LLC                                                                   | CUSIP: 04636NAF0<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203788.00    | 0.00%             | 2028-03-03      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EXP9<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201164.00    | 0.00%             | 2034-04-11      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                         | Warnermedia Holdings Inc                                                                  | CUSIP: 55903VBF9<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    550000 | PA      | $353804.00    | 0.01%             | 2062-03-15      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36297J4Y7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     55815 | PA      | $56396.83     | 0.00%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                                                                    | Amphenol Corp                                                                             | CUSIP: 032095AS0<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71614.50     | 0.00%             | 2054-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200KB6<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    350000 | PA      | $301644.00    | 0.01%             | 2039-05-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312931DD7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     41146 | PA      | $42251.93     | 0.00%             | 2039-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Eaton Vance Corp                                                                 | Eaton Vance Corp                                                                          | CUSIP: 278265AE3<br>LEI: 4JJ8ORNW1AFZPSV8GJ79 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49237.00     | 0.00%             | 2027-04-06      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJZA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     86793 | PA      | $73299.19     | 0.00%             | 2046-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SCB1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     72333 | PA      | $72933.50     | 0.00%             | 2046-05-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                                 | CUSIP: 911312BS4<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    100000 | PA      | $67867.00     | 0.00%             | 2049-09-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| SUN COMMUNITIES OPER LP                                                          | Sun Communities Operating LP                                                              | CUSIP: 866677AH0<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              |  | US        |    100000 | PA      | $93575.00     | 0.00%             | 2032-04-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308JN8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    550000 | PA      | $437349.00    | 0.01%             | 2050-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                                                      | Bell Telephone Co of Canada or Bell Canada                                                | CUSIP: 0778FPAA7<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $157520.00    | 0.00%             | 2048-04-01      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC                                                           | CenterPoint Energy Inc                                                                    | CUSIP: 15189TBB2<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65719.50     | 0.00%             | 2031-06-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QGZS9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1900667 | PA      | $1497894.96   | 0.03%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418BMM5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    378884 | PA      | $347203.28    | 0.01%             | 2045-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Republic Services Inc                                                            | Republic Services Inc                                                                     | CUSIP: 760759AR1<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197152.00    | 0.00%             | 2026-07-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| CRH SMW FINANCE DAC                                                              | CRH SMW Finance DAC                                                                       | CUSIP: 12704PAB4<br>LEI: 54930044475SH442C864 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $203298.00    | 0.00%             | 2030-01-09      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SLV7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     78071 | PA      | $78654.29     | 0.00%             | 2046-09-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EVE7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    196244 | PA      | $195490.76    | 0.00%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                                                                      | MetLife Inc                                                                               | CUSIP: 59156RCQ9<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    175000 | PA      | $176074.50    | 0.00%             | 2055-03-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457BT4<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $156184.00    | 0.00%             | 2049-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| APA CORP                                                                         | APA Corp                                                                                  | CUSIP: 03743QAN8<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |     25000 | PA      | $19083.50     | 0.00%             | 2049-07-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 63743HFP2<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101586.00    | 0.00%             | 2031-02-07      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MCKESSON CORP                                                                    | McKesson Corp                                                                             | CUSIP: 581557BR5<br>LEI: 549300WZWOM80UCFSF54 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193024.00    | 0.00%             | 2026-08-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| FEDERAL FARM CREDIT BANK                                                         | Federal Farm Credit Banks Funding Corp                                                    | CUSIP: 3133EP6K6<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |   1000000 | PA      | $1008900.00   | 0.02%             | 2027-03-26      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Southwestern Public Service Co                                                   | Southwestern Public Service Co                                                            | CUSIP: 845743BU6<br>LEI: OL6FE7QD5EQ3DOYEO258 | Long             | DBT              | CORP              | US        |    150000 | PA      | $94855.50     | 0.00%             | 2050-05-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477BN2<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93784.00     | 0.00%             | 2031-03-30      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VCV4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    205000 | PA      | $186623.80    | 0.00%             | 2036-01-15      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                                                   | Microsoft Corp                                                                            | CUSIP: 594918CF9<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    345000 | PA      | $217746.75    | 0.00%             | 2062-03-17      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61772BAB9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    700000 | PA      | $680253.00    | 0.01%             | 2027-05-04      | Fixed         | 1.59%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VBH2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    155072 | PA      | $144286.90    | 0.00%             | 2049-12-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CAT2<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    250000 | PA      | $179855.00    | 0.00%             | 2046-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| EOG RESOURCES INC                                                                | EOG Resources Inc                                                                         | CUSIP: 26875PAW1<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | DBT              | CORP              | US        |    175000 | PA      | $165970.00    | 0.00%             | 2054-12-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Energy Partners LP                                                 | Kinder Morgan Energy Partners LP                                                          | CUSIP: 494550BN5<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86822.00     | 0.00%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                            | CUSIP: 594918AJ3<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95282.00     | 0.00%             | 2040-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200KC4<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    500000 | PA      | $395150.00    | 0.01%             | 2049-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| EMERSON ELECTRIC CO                                                              | Emerson Electric Co                                                                       | CUSIP: 291011BT0<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75433.50     | 0.00%             | 2035-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31419ACU9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     99587 | PA      | $100267.16    | 0.00%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179T4N2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     95640 | PA      | $86512.12     | 0.00%             | 2048-07-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                                                             | Boston Properties LP                                                                      | CUSIP: 10112RBJ2<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |    150000 | PA      | $148537.50    | 0.00%             | 2035-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                            | CUSIP: 594918BS2<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    350000 | PA      | $309869.00    | 0.01%             | 2036-08-08      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| AGCO CORP                                                                        | AGCO Corp                                                                                 | CUSIP: 001084AR3<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75699.75     | 0.00%             | 2027-03-21      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                                                 | Georgia Power Co                                                                          | CUSIP: 373334KW0<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150903.00    | 0.00%             | 2034-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hasbro Inc                                                                       | Hasbro Inc                                                                                | CUSIP: 418056AS6<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125407.50    | 0.00%             | 2040-03-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 75513ECH2<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196890.00    | 0.00%             | 2027-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                                                             | Parker-Hannifin Corp                                                                      | CUSIP: 701094AL8<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78340.00     | 0.00%             | 2047-03-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| LKQ CORP                                                                         | LKQ Corp                                                                                  | CUSIP: 501889AF6<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156424.50    | 0.00%             | 2033-06-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406RBL0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    250000 | PA      | $258132.50    | 0.00%             | 2028-10-25      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| WESTLAKE CORP                                                                    | Westlake Corp                                                                             | CUSIP: 960413BA9<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | DBT              | CORP              | US        |    100000 | PA      | $56736.00     | 0.00%             | 2061-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Altria Group Inc                                                                 | Altria Group Inc                                                                          | CUSIP: 02209SAU7<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97741.00     | 0.00%             | 2026-09-16      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                                     | CUSIP: 89788MAQ5<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    300000 | PA      | $322950.00    | 0.01%             | 2029-10-30      | Fixed         | 7.16%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev Worldwide Inc                                               | Anheuser-Busch InBev Worldwide Inc                                                        | CUSIP: 035240AQ3<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    800000 | PA      | $811352.00    | 0.02%             | 2029-01-23      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VHT0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    227748 | PA      | $205190.31    | 0.00%             | 2050-03-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                         | Warnermedia Holdings Inc                                                                  | CUSIP: 55903VBB8<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    250000 | PA      | $232997.50    | 0.00%             | 2029-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| SHELL FINANCE US INC                                                             | Shell Finance US Inc                                                                      | CUSIP: 822905AC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $255499.75    | 0.00%             | 2035-05-11      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DWR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2185269 | PA      | $1713748.60   | 0.03%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280DZ9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $405064.00    | 0.01%             | 2027-08-14      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                                        | CUSIP: 29273VAU4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    250000 | PA      | $265815.00    | 0.00%             | 2033-12-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CLU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7250000 | PA      | $7251132.81   | 0.14%             | 2031-10-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                                         | EQT Corp                                                                                  | CUSIP: 26884LBA6<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    100000 | PA      | $108709.00    | 0.00%             | 2030-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119CY3<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151614.00    | 0.00%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308KC0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93021.00     | 0.00%             | 2032-03-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TMD4<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151231.50    | 0.00%             | 2026-05-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Aetna Inc                                                                        | Aetna Inc                                                                                 | CUSIP: 00817YAF5<br>LEI: 549300QKBENKLBXQ8968 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105646.00    | 0.00%             | 2036-06-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| DIAGEO CAPITAL PLC                                                               | Diageo Capital PLC                                                                        | CUSIP: 25243YBH1<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $206200.00    | 0.00%             | 2033-01-24      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081GG6<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    300000 | PA      | $261609.00    | 0.00%             | 2032-02-03      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                                                           | Asian Development Bank                                                                    | CUSIP: 045167EE9<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $483875.00    | 0.01%             | 2027-11-02      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MAGNA INTERNATIONAL INC                                                          | Magna International Inc                                                                   | CUSIP: 559222AV6<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $178788.00    | 0.00%             | 2030-06-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| AVNET INC                                                                        | Avnet Inc                                                                                 | CUSIP: 053807AW3<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103317.00    | 0.00%             | 2028-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                                   | CUSIP: 55336VBY5<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    175000 | PA      | $170530.50    | 0.00%             | 2035-04-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308KT3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $179368.00    | 0.00%             | 2054-10-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YHR8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    827237 | PA      | $807011.20    | 0.02%             | 2053-10-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN PUBLIC SERV                                                         | Southwestern Public Service Co                                                            | CUSIP: 845743BX0<br>LEI: OL6FE7QD5EQ3DOYEO258 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98229.00     | 0.00%             | 2054-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Bank                                                                             | Bank 2019-BNK19                                                                           | CUSIP: 06540WBD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $558017.41    | 0.01%             | 2061-08-15      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                                                             | Boston Properties LP                                                                      | CUSIP: 10112RBD5<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |    200000 | PA      | $180450.00    | 0.00%             | 2031-01-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Westinghouse Air Brake Technologies Corp                                         | Westinghouse Air Brake Technologies Corp                                                  | CUSIP: 960386AL4<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98331.00     | 0.00%             | 2026-11-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| AEP TRANSMISSION CO LLC                                                          | AEP Transmission Co LLC                                                                   | CUSIP: 00115AAQ2<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93323.00     | 0.00%             | 2053-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                                | CUSIP: 871829BS5<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |     75000 | PA      | $78000.00     | 0.00%             | 2029-01-17      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                                                          | Arthur J Gallagher & Co                                                                   | CUSIP: 363576AB5<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |    150000 | PA      | $101290.50    | 0.00%             | 2051-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MFM1<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    150000 | PA      | $134814.00    | 0.00%             | 2030-03-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                               | CUSIP: 02665WFX4<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125106.25    | 0.00%             | 2028-03-03      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138W1KQ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     17455 | PA      | $17069.17     | 0.00%             | 2028-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                                         | Devon Energy Corp                                                                         | CUSIP: 25179MBG7<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |    200000 | PA      | $189656.00    | 0.00%             | 2034-09-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                                | CUSIP: 871829BM8<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |     75000 | PA      | $80144.25     | 0.00%             | 2040-04-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO BANK NA                                                              | Wells Fargo Bank NA                                                                       | CUSIP: 94988J6F9<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | DBT              | CORP              | US        |    350000 | PA      | $354564.00    | 0.01%             | 2026-12-11      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CDL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1642605 | PA      | $1438517.08   | 0.03%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| El Paso Electric Co                                                              | El Paso Electric Co                                                                       | CUSIP: 283677AW2<br>LEI: OZ8GM8L4AHPKSWZMW205 | Long             | DBT              | CORP              | US        |     44000 | PA      | $44838.20     | 0.00%             | 2035-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                                                                | Ares Capital Corp                                                                         | CUSIP: 04010LBD4<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96064.00     | 0.00%             | 2027-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810RK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5807000 | PA      | $3997756.56   | 0.08%             | 2045-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                                                              | Carrier Global Corp                                                                       | CUSIP: 14448CAQ7<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |    400000 | PA      | $368420.00    | 0.01%             | 2030-02-15      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TKX2<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151134.00    | 0.00%             | 2026-08-14      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                          | CUSIP: 06368L8K5<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $199872.00    | 0.00%             | 2027-09-10      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| ATLANTIC CITY ELECTRIC                                                           | Atlantic City Electric Co                                                                 | CUSIP: 048303CJ8<br>LEI: 549300S5TW3VP5V06B73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87831.00     | 0.00%             | 2031-03-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                                                          | Arthur J Gallagher & Co                                                                   | CUSIP: 04316JAK5<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150439.50    | 0.00%             | 2027-12-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                               | CUSIP: 68389XBN4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    500000 | PA      | $486460.00    | 0.01%             | 2027-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY INDIANA LLC                                                          | Duke Energy Indiana LLC                                                                   | CUSIP: 26443TAD8<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92528.00     | 0.00%             | 2053-04-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                               | CUSIP: 931142CB7<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    250000 | PA      | $260217.50    | 0.00%             | 2035-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                                       | CUSIP: 65535HBA6<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $174394.00    | 0.00%             | 2032-01-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ADM4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    200000 | PA      | $191260.00    | 0.00%             | 2035-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FBA8<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    300000 | PA      | $302337.00    | 0.01%             | 2029-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corp                                                            | Novartis Capital Corp                                                                     | CUSIP: 66989HAK4<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    225000 | PA      | $182812.50    | 0.00%             | 2045-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                               | CUSIP: 438516CR5<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101639.00    | 0.00%             | 2031-09-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                                                              | Dow Chemical Co/The                                                                       | CUSIP: 260543CY7<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100756.00    | 0.00%             | 2028-11-30      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Corning Inc                                                                      | Corning Inc                                                                               | CUSIP: 219350BL8<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46586.50     | 0.00%             | 2068-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Sabra Health Care LP                                                             | Sabra Health Care LP                                                                      | CUSIP: 14162VAB2<br>LEI: 549300OVKLRFSIQG0H81 | Long             | DBT              |  | US        |     75000 | PA      | $74924.25     | 0.00%             | 2026-08-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                                   | CUSIP: 06417XAG6<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $186538.00    | 0.00%             | 2037-05-04      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| AVERY DENNISON CORP                                                              | Avery Dennison Corp                                                                       | CUSIP: 053611AN9<br>LEI: 549300PW7VPFCYKLIV37 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102539.00    | 0.00%             | 2033-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                                       | CUSIP: 14913UAJ9<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101786.00    | 0.00%             | 2029-02-27      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ROCKWELL AUTOMATION                                                              | Rockwell Automation Inc                                                                   | CUSIP: 773903AH2<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97068.00     | 0.00%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                                                         | Citizens Financial Group Inc                                                              | CUSIP: 174610BG9<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    150000 | PA      | $159076.50    | 0.00%             | 2035-04-25      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DZ88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    270158 | PA      | $237835.66    | 0.00%             | 2041-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                                | CUSIP: 91159HJG6<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194632.00    | 0.00%             | 2033-07-22      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J9HP9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     45460 | PA      | $41336.65     | 0.00%             | 2048-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YCR8<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $207590.00    | 0.00%             | 2031-05-27      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| Telefonica Emisiones SAU                                                         | Telefonica Emisiones SA                                                                   | CUSIP: 87938WAV5<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |    150000 | PA      | $132741.00    | 0.00%             | 2038-03-06      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RAG7<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    100000 | PA      | $106284.00    | 0.00%             | 2038-01-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| VALERO ENERGY CORP                                                               | Valero Energy Corp                                                                        | CUSIP: 91913YBB5<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142060.50    | 0.00%             | 2027-09-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                           | CUSIP: 45818WGB6<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    100000 | PA      | $100582.00    | 0.00%             | 2030-01-22      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810RU4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2598900 | PA      | $1873847.52   | 0.04%             | 2046-11-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| IDAHO POWER CO                                                                   | Idaho Power Co                                                                            | CUSIP: 45138LBH5<br>LEI: TN0LL73P2C8X3W6KM391 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92300.00     | 0.00%             | 2053-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SJU2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    137682 | PA      | $129844.53    | 0.00%             | 2046-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NCK5<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $150574.00    | 0.00%             | 2048-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179QBL4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    115739 | PA      | $121500.70    | 0.00%             | 2044-04-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QDWM2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2720558 | PA      | $2367309.27   | 0.04%             | 2050-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | Ally Financial Inc                                                                        | CUSIP: 02005NBR0<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $157401.00    | 0.00%             | 2027-11-15      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X6XC0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    619712 | PA      | $573834.08    | 0.01%             | 2047-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY FLORIDA LLC                                                          | Duke Energy Florida LLC                                                                   | CUSIP: 26444HAR2<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |    125000 | PA      | $129026.25    | 0.00%             | 2053-11-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                                                          | Arthur J Gallagher & Co                                                                   | CUSIP: 04316JAN9<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |    300000 | PA      | $295614.00    | 0.01%             | 2035-02-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| RICE UNIVERSITY                                                                  | William Marsh Rice University                                                             | CUSIP: 96926GAC7<br>LEI: 549300QPVG49ONTSJJ20 | Long             | DBT              | CORP              | US        |    200000 | PA      | $155930.00    | 0.00%             | 2045-05-15      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081FG7<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82634.00     | 0.00%             | 2042-06-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Mylan Inc                                                                        | Mylan Inc                                                                                 | CUSIP: 628530BJ5<br>LEI: 30ZMPDNA1RHIBH89C294 | Long             | DBT              | CORP              | US        |    100000 | PA      | $75452.00     | 0.00%             | 2048-04-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| DAYTON POWER & LIGHT CO/                                                         | Dayton Power & Light Co/The                                                               | CUSIP: 240019BV0<br>LEI: 1ELKY8G44MKGCQWG6864 | Long             | DBT              | CORP              | US        |    100000 | PA      | $72184.00     | 0.00%             | 2049-06-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                                                          | American Electric Power Co Inc                                                            | CUSIP: 025537AX9<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153796.50    | 0.00%             | 2033-03-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| TotalEnergies Capital International SA                                           | TotalEnergies Capital International SA                                                    | CUSIP: 89153VAX7<br>LEI: 549300U37G2I8G4RUG09 | Long             | DBT              | CORP              | FR        |    175000 | PA      | $125426.00    | 0.00%             | 2041-06-29      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335AH92<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     88450 | PA      | $87168.92     | 0.00%             | 2042-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NDH1<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    275000 | PA      | $222882.00    | 0.00%             | 2040-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BLUE OWL CREDIT INCOME                                                           | Blue Owl Credit Income Corp                                                               | CUSIP: 69120VAF8<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98917.00     | 0.00%             | 2027-02-08      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| AXIS SPECIALTY FINAN PLC                                                         | AXIS Specialty Finance PLC                                                                | CUSIP: 05464HAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     50000 | PA      | $49175.00     | 0.00%             | 2027-12-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VGH1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    400000 | PA      | $376396.00    | 0.01%             | 2028-03-22      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137FKZZ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    975000 | PA      | $957180.37    | 0.02%             | 2029-01-25      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| JAPAN INT'L COOP AGENCY                                                          | Japan International Cooperation Agency                                                    | CUSIP: 47109LAB0<br>LEI: 254900XEIG78M2AJB031 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $194496.00    | 0.00%             | 2027-04-27      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CKW0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7800000 | PA      | $7868554.67   | 0.15%             | 2031-06-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WDMT5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     58546 | PA      | $55385.55     | 0.00%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allstate Corp/The                                                                | Allstate Corp/The                                                                         | CUSIP: 020002AU5<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99903.00     | 0.00%             | 2057-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                               | VICI Properties LP                                                                        | CUSIP: 925650AB9<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |    250000 | PA      | $250360.00    | 0.00%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FORTUNE BRANDS INNOVATIO                                                         | Fortune Brands Innovations Inc                                                            | CUSIP: 34964CAG1<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77165.00     | 0.00%             | 2052-03-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FBV2<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    463000 | PA      | $441965.91    | 0.01%             | 2037-05-15      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2023-1 A PTT                                                          | United Airlines 2023-1 Class A Pass Through Trust                                         | CUSIP: 90932LAJ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    286594 | PA      | $286852.13    | 0.01%             | 2037-07-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748AK8<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105367.00    | 0.00%             | 2033-08-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YBT5<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $171220.00    | 0.00%             | 2032-07-09      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179T4Q5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    162921 | PA      | $156907.86    | 0.00%             | 2048-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Canadian National Railway Co                                                     | Canadian National Railway Co                                                              | CUSIP: 136375CV2<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $126279.00    | 0.00%             | 2049-01-20      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QSHP9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1609272 | PA      | $1646634.99   | 0.03%             | 2053-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Dover Corp                                                                       | Dover Corp                                                                                | CUSIP: 260003AK4<br>LEI: 549300FMC2ALGA7N9E80 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94912.00     | 0.00%             | 2041-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds                                             | Chile Government International Bonds                                                      | CUSIP: 168863DP0<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    300000 | PA      | $265206.00    | 0.00%             | 2031-01-31      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                               | CUSIP: 29444UBT2<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |    100000 | PA      | $65677.00     | 0.00%             | 2052-02-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MFW9<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141874.50    | 0.00%             | 2053-08-14      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UZT2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    555878 | PA      | $500820.35    | 0.01%             | 2049-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140BR0<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    300000 | PA      | $287376.00    | 0.01%             | 2030-03-25      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| ENTERGY ARKANSAS LLC                                                             | Entergy Arkansas LLC                                                                      | CUSIP: 29366MAD0<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201746.00    | 0.00%             | 2033-01-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ENAA7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    284479 | PA      | $279999.79    | 0.01%             | 2043-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J8GP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    473657 | PA      | $438591.62    | 0.01%             | 2045-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810TV0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12350000 | PA      | $11986253.97  | 0.23%             | 2053-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VBY8<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $140044.00    | 0.00%             | 2051-01-31      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BUNGE LTD FINANCE CORP                                                           | Bunge Ltd Finance Corp                                                                    | CUSIP: 120568BE9<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148147.50    | 0.00%             | 2029-09-17      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CV27<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    229683 | PA      | $207155.90    | 0.00%             | 2048-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XQM95<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    558523 | PA      | $555208.47    | 0.01%             | 2054-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                                            | Entergy Louisiana LLC                                                                     | CUSIP: 29364WBQ0<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96964.00     | 0.00%             | 2055-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                 | CUSIP: 00774MAV7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    600000 | PA      | $581502.00    | 0.01%             | 2026-10-29      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                 | CUSIP: 00774MBG9<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    200000 | PA      | $205928.00    | 0.00%             | 2027-04-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687FL5<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    350000 | PA      | $319343.50    | 0.01%             | 2029-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP                                                         | Host Hotels & Resorts LP                                                                  | CUSIP: 44107TBC9<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              |  | US        |    100000 | PA      | $96400.00     | 0.00%             | 2035-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                                                           | Brookfield Finance Inc                                                                    | CUSIP: 11271LAP7<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |     75000 | PA      | $71189.25     | 0.00%             | 2055-03-03      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| DICK'S SPORTING GOODS                                                            | Dick's Sporting Goods Inc                                                                 | CUSIP: 253393AF9<br>LEI: 529900SSBV5I4LWSK313 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88062.00     | 0.00%             | 2032-01-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| SOLVENTUM CORP                                                                   | Solventum Corp                                                                            | CUSIP: 83444MAR2<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |    275000 | PA      | $277400.75    | 0.01%             | 2034-03-23      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GYC2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    400000 | PA      | $291672.00    | 0.01%             | 2042-04-22      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| Ameren Corp                                                                      | Ameren Corp                                                                               | CUSIP: 023608AJ1<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |    200000 | PA      | $186762.00    | 0.00%             | 2031-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CET4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8700000 | PA      | $8487597.68   | 0.16%             | 2027-05-31      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DSC7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    129971 | PA      | $120349.26    | 0.00%             | 2050-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PEACEHEALTH OBLIGATED GR                                                         | PeaceHealth Obligated Group                                                               | CUSIP: 70462GAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $60178.00     | 0.00%             | 2050-11-15      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                                     | CUSIP: 88579YBP5<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71188.00     | 0.00%             | 2050-04-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133ABPX2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    221716 | PA      | $176532.35    | 0.00%             | 2050-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WHNT5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    101346 | PA      | $94997.19     | 0.00%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 913017CP2<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77563.00     | 0.00%             | 2047-05-04      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179NLC0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    213589 | PA      | $192150.81    | 0.00%             | 2043-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ADVANCED MICRO DEVICES                                                           | Advanced Micro Devices Inc                                                                | CUSIP: 007903BG1<br>LEI: R2I72C950HOYXII45366 | Long             | DBT              | CORP              | US        |     75000 | PA      | $61478.25     | 0.00%             | 2052-06-01      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                                    | CUSIP: 62954HAU2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    175000 | PA      | $124652.50    | 0.00%             | 2041-05-11      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CME8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13000000 | PA      | $13051035.14  | 0.25%             | 2026-12-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                          | CUSIP: 95040QAP9<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |    100000 | PA      | $87947.00     | 0.00%             | 2032-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78017FZS5<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $149919.00    | 0.00%             | 2028-10-18      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                                                         | Duke Energy Progress LLC                                                                  | CUSIP: 144141DB1<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81246.00     | 0.00%             | 2042-05-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397D59<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    225000 | PA      | $229934.25    | 0.00%             | 2028-11-07      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YCZ0<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    300000 | PA      | $309897.00    | 0.01%             | 2029-07-06      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                       | PacifiCorp                                                                                | CUSIP: 695114CG1<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103440.00    | 0.00%             | 2037-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                                 | CUSIP: 775109DF5<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $197032.00    | 0.00%             | 2034-02-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128PWEA2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      7900 | PA      | $7818.36      | 0.00%             | 2026-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERG                                                         | Berkshire Hathaway Energy Co                                                              | CUSIP: 084659BF7<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |    200000 | PA      | $162328.00    | 0.00%             | 2053-05-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                         | Constellation Brands Inc                                                                  | CUSIP: 21036PBP2<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147036.00    | 0.00%             | 2033-05-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78016EZT7<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $144877.50    | 0.00%             | 2026-07-14      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X7B73<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1710474 | PA      | $1409479.89   | 0.03%             | 2050-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Inter-American Development Bank                                                  | Inter-American Development Bank                                                           | CUSIP: 4581X0DJ4<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    300000 | PA      | $293073.00    | 0.01%             | 2026-07-23      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2018-1 AA PTT                                                         | United Airlines 2018-1 Class AA Pass Through Trust                                        | CUSIP: 909318AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    102043 | PA      | $95434.08     | 0.00%             | 2030-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co Inc                                                  | General Motors Financial Co Inc                                                           | CUSIP: 37045XCS3<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101411.00    | 0.00%             | 2029-01-17      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                                                                      | Phillips 66                                                                               | CUSIP: 718546BA1<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |    200000 | PA      | $124916.00    | 0.00%             | 2052-03-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406RAZ0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91753.00     | 0.00%             | 2029-01-25      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280CM9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $194044.00    | 0.00%             | 2027-05-24      | Fixed         | 1.59%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                                                  | Cigna Group/The                                                                           | CUSIP: 125523CU2<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101701.00    | 0.00%             | 2031-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                          | CUSIP: 22822VAW1<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    200000 | PA      | $169180.00    | 0.00%             | 2031-04-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                               | VICI Properties LP                                                                        | CUSIP: 925650AD5<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |    200000 | PA      | $196364.00    | 0.00%             | 2032-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                               | CUSIP: 302154DJ5<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $190192.00    | 0.00%             | 2026-12-29      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FAQ4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    400000 | PA      | $390152.00    | 0.01%             | 2030-11-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds                                       | Philippines Government International Bonds                                                | CUSIP: 718286CA3<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    550000 | PA      | $437305.00    | 0.01%             | 2041-03-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Cboe Global Markets Inc                                                          | Cboe Global Markets Inc                                                                   | CUSIP: 12503MAA6<br>LEI: 529900RLNSGA90UPEH54 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98717.00     | 0.00%             | 2027-01-12      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| NATIONAL GRID USA                                                                | National Grid USA                                                                         | CUSIP: 49337WAJ9<br>LEI: MOM4570XTJ5YYX7JKH83 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75146.25     | 0.00%             | 2035-04-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X5UA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    544820 | PA      | $523644.46    | 0.01%             | 2049-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830AR0<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $108407.00    | 0.00%             | 2036-09-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Southern California Edison Co                                                    | Southern California Edison Co                                                             | CUSIP: 842400EV1<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75855.00     | 0.00%             | 2035-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| National Fuel Gas Co                                                             | National Fuel Gas Co                                                                      | CUSIP: 636180BN0<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98141.00     | 0.00%             | 2027-09-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc                                                  | Philip Morris International Inc                                                           | CUSIP: 718172AU3<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79392.00     | 0.00%             | 2042-08-21      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                                     | CUSIP: 89788NAA8<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192198.00    | 0.00%             | 2033-07-28      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| Laboratory Corp of America Holdings                                              | Laboratory Corp of America Holdings                                                       | CUSIP: 50540RAW2<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93065.00     | 0.00%             | 2029-12-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| BORGWARNER INC                                                                   | BorgWarner Inc                                                                            | CUSIP: 099724AQ9<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99719.00     | 0.00%             | 2034-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| UNIV SOUTHERN CALIFORNIA                                                         | University of Southern California                                                         | CUSIP: 914886AB2<br>LEI: 0GMCSQ6M60R4T46U5511 | Long             | DBT              | CORP              | US        |    150000 | PA      | $119149.50    | 0.00%             | 2039-10-01      | Fixed         | 3.03%                 | No            |                  2 | On Loan: No      |
| Northern Trust Corp                                                              | Northern Trust Corp                                                                       | CUSIP: 665859AU8<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95945.00     | 0.00%             | 2029-05-03      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| ENTERGY TEXAS INC                                                                | Entergy Texas Inc                                                                         | CUSIP: 29365TAP9<br>LEI: LWXX58X12AJXISQ28573 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92786.00     | 0.00%             | 2054-09-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | Lloyds Banking Group PLC                                                                  | CUSIP: 539439AX7<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $206020.00    | 0.00%             | 2029-03-06      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967HA2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    200000 | PA      | $212136.00    | 0.00%             | 2043-09-13      | Fixed         | 6.68%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CLZ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7200000 | PA      | $7198875.00   | 0.14%             | 2031-11-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Sands China Ltd                                                                  | Sands China Ltd                                                                           | CUSIP: 80007RAE5<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    300000 | PA      | $299484.00    | 0.01%             | 2028-08-08      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA LTD                                                            | Rio Tinto Finance USA Ltd                                                                 | CUSIP: 767201AL0<br>LEI: 213800RX94ZKEZXPKH58 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $240207.50    | 0.00%             | 2040-11-02      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140BY5<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196430.00    | 0.00%             | 2027-08-05      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HELMERICH & PAYNE INC                                                            | Helmerich & Payne Inc                                                                     | CUSIP: 423452AJ0<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70907.25     | 0.00%             | 2029-12-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| OHIO POWER COMPANY                                                               | Ohio Power Co                                                                             | CUSIP: 677415CQ2<br>LEI: 06ZODLC132CY1O2Y7D77 | Long             | DBT              | CORP              | US        |     75000 | PA      | $56715.00     | 0.00%             | 2048-04-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| PHILLIPS EDISON GROCERY                                                          | Phillips Edison Grocery Center Operating Partnership I LP                                 | CUSIP: 71845JAC2<br>LEI: 549300WUPIVS6ZE0ZI51 | Long             | DBT              |  | US        |     50000 | PA      | $47591.50     | 0.00%             | 2035-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 949746RF0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    450000 | PA      | $424746.00    | 0.01%             | 2044-01-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| ROCKEFELLER FOUNDATION                                                           | Rockefeller Foundation/The                                                                | CUSIP: 77310VAA2<br>LEI: 549300JU3NX0IK5I9038 | Long             | DBT              | CORP              | US        |    150000 | PA      | $86932.50     | 0.00%             | 2050-10-01      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VCX0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    250000 | PA      | $206440.00    | 0.00%             | 2048-09-15      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D56U1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1204585 | PA      | $1066456.07   | 0.02%             | 2036-01-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PacifiCorp                                                                                | CUSIP: 695114DB1<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101532.00    | 0.00%             | 2029-02-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31405QU30<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     43535 | PA      | $44642.15     | 0.00%             | 2034-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YAV1<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    175000 | PA      | $162186.50    | 0.00%             | 2036-05-14      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WDN64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    781512 | PA      | $704417.48    | 0.01%             | 2044-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Indonesia Government International Bonds                                         | Indonesia Government International Bonds                                                  | CUSIP: 455780CU8<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $155820.00    | 0.00%             | 2070-04-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TJX4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    817754 | PA      | $740974.49    | 0.01%             | 2047-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SYSTEM ENERGY RESOURCES                                                          | System Energy Resources Inc                                                               | CUSIP: 871911AV5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $97976.00     | 0.00%             | 2034-12-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Martin Marietta Materials Inc                                                    | Martin Marietta Materials Inc                                                             | CUSIP: 573284AQ9<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48919.00     | 0.00%             | 2027-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Cardinal Health Inc                                                              | Cardinal Health Inc                                                                       | CUSIP: 14149YBJ6<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |    250000 | PA      | $245147.50    | 0.00%             | 2027-06-15      | Fixed         | 3.41%                 | No            |                  2 | On Loan: No      |
| NOVARTIS CAPITAL CORP                                                            | Novartis Capital Corp                                                                     | CUSIP: 66989HAW8<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    125000 | PA      | $108876.25    | 0.00%             | 2054-09-18      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| LYB INT FINANCE III                                                              | LYB International Finance III LLC                                                         | CUSIP: 50249AAH6<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |    150000 | PA      | $107602.50    | 0.00%             | 2040-10-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| DH EUROPE FINANCE II                                                             | DH Europe Finance II Sarl                                                                 | CUSIP: 23291KAK1<br>LEI: 222100KDGL314CKTZ511 | Long             | DBT              | CORP              | LU        |    150000 | PA      | $104034.00    | 0.00%             | 2049-11-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CENCORA INC                                                                      | Cencora Inc                                                                               | CUSIP: 03073EAR6<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91940.00     | 0.00%             | 2030-05-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179MQN3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    203918 | PA      | $184051.74    | 0.00%             | 2042-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Panama Government International Bonds                                            | Panama Government International Bonds                                                     | CUSIP: 698299BV5<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    200000 | PA      | $174436.00    | 0.00%             | 2054-03-28      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| BLUE OWL CREDIT INCOME                                                           | Blue Owl Credit Income Corp                                                               | CUSIP: 09581CAB7<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76706.25     | 0.00%             | 2029-09-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31410GJS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     25190 | PA      | $25949.68     | 0.00%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308KD8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81870.00     | 0.00%             | 2052-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XNAM6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1625281 | PA      | $1648560.79   | 0.03%             | 2053-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                                                             | WEC Energy Group Inc                                                                      | CUSIP: 92939UAE6<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |     35000 | PA      | $30382.45     | 0.00%             | 2030-10-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475CC7<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    300000 | PA      | $302625.00    | 0.01%             | 2036-01-29      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132M4PV1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    116232 | PA      | $110646.09    | 0.00%             | 2044-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL SA                                                         | TotalEnergies Capital SA                                                                  | CUSIP: 89157XAC5<br>LEI: 529900QI55ZLJVCMPA71 | Long             | DBT              | CORP              | FR        |    275000 | PA      | $257936.25    | 0.00%             | 2064-04-05      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| Procter & Gamble Co/The                                                          | Procter & Gamble Co/The                                                                   | CUSIP: 742718ER6<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    241000 | PA      | $235907.67    | 0.00%             | 2026-11-03      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| ARCELORMITTAL                                                                    | ArcelorMittal SA                                                                          | CUSIP: 03938LBC7<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $97759.00     | 0.00%             | 2029-07-16      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Enstar Group Ltd                                                                 | Enstar Group Ltd                                                                          | CUSIP: 29359UAB5<br>LEI: 213800AMAL5QFXVUCN04 | Long             | DBT              | CORP              | BM        |    100000 | PA      | $99436.00     | 0.00%             | 2029-06-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36241KAN8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     50569 | PA      | $51212.84     | 0.00%             | 2034-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities Inc                                              | Alexandria Real Estate Equities Inc                                                       | CUSIP: 015271AV1<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |    150000 | PA      | $116953.50    | 0.00%             | 2033-02-01      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                                | CUSIP: 91159HJC5<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    250000 | PA      | $240775.00    | 0.00%             | 2028-01-27      | Fixed         | 2.22%                 | No            |                  2 | On Loan: No      |
| YALE UNIVERSITY                                                                  | Yale University                                                                           | CUSIP: 98459LAB9<br>LEI: 9SFB6DIM0FRWV0EV8S84 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44135.50     | 0.00%             | 2030-04-15      | Fixed         | 1.48%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 3618N5A25<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    542615 | PA      | $512638.60    | 0.01%             | 2054-11-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                                             | Boston Properties LP                                                                      | CUSIP: 10112RAY0<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |    200000 | PA      | $194622.00    | 0.00%             | 2026-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                                                         | Citizens Financial Group Inc                                                              | CUSIP: 174610BE4<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97141.00     | 0.00%             | 2037-05-21      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133A2BZ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    270365 | PA      | $233648.92    | 0.00%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| OVINTIV INC                                                                      | Ovintiv Inc                                                                               | CUSIP: 292505AD6<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100370.00    | 0.00%             | 2034-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179NBA5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    674481 | PA      | $606782.85    | 0.01%             | 2043-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                                                              | Dollar General Corp                                                                       | CUSIP: 256677AL9<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147604.50    | 0.00%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X73K3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1935548 | PA      | $1538580.54   | 0.03%             | 2050-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ONEOK Inc                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680AW3<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147625.50    | 0.00%             | 2029-03-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417CR56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     58843 | PA      | $57945.96     | 0.00%             | 2027-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804FR0<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83119.00     | 0.00%             | 2044-02-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                             | CUSIP: 345370BY5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     75000 | PA      | $78195.75     | 0.00%             | 2028-10-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF GAS CO                                                            | Southern California Gas Co                                                                | CUSIP: 842434CY6<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95418.00     | 0.00%             | 2053-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                                         | Devon Energy Corp                                                                         | CUSIP: 251799AA0<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |    100000 | PA      | $113212.00    | 0.00%             | 2032-04-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Energy Partners LP                                                 | Kinder Morgan Energy Partners LP                                                          | CUSIP: 494550AW6<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    180000 | PA      | $195204.60    | 0.00%             | 2038-01-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31419JTQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7838 | PA      | $7796.13      | 0.00%             | 2025-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ONEOK Inc                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680AS2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98887.00     | 0.00%             | 2027-07-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| XYLEM INC                                                                        | Xylem Inc/NY                                                                              | CUSIP: 98419MAL4<br>LEI: 549300DF5MV96DRYLQ48 | Long             | DBT              | CORP              | US        |    150000 | PA      | $131389.50    | 0.00%             | 2031-01-30      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650DZ0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    250000 | PA      | $230407.50    | 0.00%             | 2053-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GB37<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    575000 | PA      | $570986.50    | 0.01%             | 2035-07-23      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PAV8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    450000 | PA      | $445108.50    | 0.01%             | 2029-07-23      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                               | CUSIP: 68389XCS2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    300000 | PA      | $295662.00    | 0.01%             | 2029-09-27      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT LIGHT & PWR                                                          | Connecticut Light and Power Co/The                                                        | CUSIP: 207597ET8<br>LEI: 549300O45IUXEDS1VZ32 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101574.00    | 0.00%             | 2030-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BAYLOR SCOTT & WHITE HOL                                                         | Baylor Scott & White Holdings                                                             | CUSIP: 072863AJ2<br>LEI: 549300JQDKSBWYRGGV95 | Long             | DBT              | CORP              | US        |    200000 | PA      | $122484.00    | 0.00%             | 2050-11-15      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                                                              | Gilead Sciences Inc                                                                       | CUSIP: 375558CB7<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152110.50    | 0.00%             | 2029-11-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SUW5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    169716 | PA      | $159544.71    | 0.00%             | 2047-01-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J7ZQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    302557 | PA      | $283346.63    | 0.01%             | 2048-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DSD33<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1367937 | PA      | $1421652.20   | 0.03%             | 2054-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                               | CUSIP: 931142DB6<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104062.00    | 0.00%             | 2041-04-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Discovery Communications LLC                                                     | Discovery Communications LLC                                                              | CUSIP: 25470DAS8<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    150000 | PA      | $118267.50    | 0.00%             | 2037-09-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 31329NU48<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    277849 | PA      | $251107.97    | 0.00%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                                                         | Duke Energy Progress LLC                                                                  | CUSIP: 26442UAH7<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145173.00    | 0.00%             | 2029-03-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                                                 | Hewlett Packard Enterprise Co                                                             | CUSIP: 42824CBT5<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    300000 | PA      | $297609.00    | 0.01%             | 2029-10-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810TQ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7300000 | PA      | $6414875.00   | 0.12%             | 2043-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CINCINNATI FINL CORP                                                             | Cincinnati Financial Corp                                                                 | CUSIP: 172062AE1<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | DBT              | CORP              | US        |     50000 | PA      | $52759.00     | 0.00%             | 2034-11-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| American Airlines 2015-2 Class AA Pass Through Trust                             | American Airlines 2015-2 Class AA Pass Through Trust                                      | CUSIP: 02377BAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    114723 | PA      | $110903.80    | 0.00%             | 2027-09-22      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PEZ1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100254.00    | 0.00%             | 2029-04-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                               | CUSIP: 931142EP4<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    150000 | PA      | $98053.50     | 0.00%             | 2049-09-24      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477CF8<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    250000 | PA      | $260017.50    | 0.00%             | 2029-11-21      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                               | CUSIP: 68389XDA0<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    350000 | PA      | $351893.50    | 0.01%             | 2035-08-03      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DJN3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     76137 | PA      | $69641.00     | 0.00%             | 2039-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | New York City Municipal Water Finance Authority                                           | CUSIP: 64972FH25<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    100000 | PA      | $98407.60     | 0.00%             | 2041-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                                                            | Alibaba Group Holding Ltd                                                                 | CUSIP: 01609WAX0<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $176032.00    | 0.00%             | 2031-02-09      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Ohio State University/The                                                        | Ohio State University                                                                     | CUSIP: 677632MV0<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |    300000 | PA      | $283185.30    | 0.01%             | 2040-06-01      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YAK5<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $196510.00    | 0.00%             | 2027-02-28      | Fixed         | 3.66%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138A1SK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     55416 | PA      | $53267.66     | 0.00%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418E4M9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1944160 | PA      | $1883170.31   | 0.04%             | 2054-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PEY4<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100243.00    | 0.00%             | 2027-04-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                 | CUSIP: 00774MBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    150000 | PA      | $158554.50    | 0.00%             | 2030-09-30      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| GATX Corp                                                                        | GATX Corp                                                                                 | CUSIP: 361448BE2<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149914.50    | 0.00%             | 2029-04-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                                    | CUSIP: 202795JQ4<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65229.00     | 0.00%             | 2049-11-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WJS8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1058569 | PA      | $923975.63    | 0.02%             | 2051-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31294UAK9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     38082 | PA      | $37367.53     | 0.00%             | 2027-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92344GAX4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77887.50     | 0.00%             | 2035-09-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                                    | CUSIP: 045167GK3<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    300000 | PA      | $298935.00    | 0.01%             | 2035-03-22      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MONTEFIORE OBLIGATED GRP                                                         | Montefiore Obligated Group                                                                | CUSIP: 61237WAG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $66382.00     | 0.00%             | 2050-09-01      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QNJL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    912399 | PA      | $826372.93    | 0.02%             | 2037-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                                   | CUSIP: 828807DU8<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    150000 | PA      | $153957.00    | 0.00%             | 2033-03-08      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                              | CUSIP: 25160PAG2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $175996.00    | 0.00%             | 2033-01-07      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| EUROPEAN BK RECON & DEV                                                          | European Bank for Reconstruction & Development                                            | CUSIP: 29874QEX8<br>LEI: 549300HTGDOVDU6OGK19 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $505920.00    | 0.01%             | 2028-03-09      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Finance Corp                                                  | Berkshire Hathaway Finance Corp                                                           | CUSIP: 084664CW9<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    150000 | PA      | $130263.00    | 0.00%             | 2030-10-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680BC6<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     50000 | PA      | $37877.00     | 0.00%             | 2050-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Energy Co                                                     | Berkshire Hathaway Energy Co                                                              | CUSIP: 084659AX9<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |    175000 | PA      | $134914.50    | 0.00%             | 2050-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818GF9<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89031.00     | 0.00%             | 2053-05-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| MARKEL GROUP INC                                                                 | Markel Group Inc                                                                          | CUSIP: 570535AT1<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85228.00     | 0.00%             | 2049-05-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WP CAREY INC                                                                     | WP Carey Inc                                                                              | CUSIP: 92936UAH2<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              |  | US        |    100000 | PA      | $80262.00     | 0.00%             | 2033-04-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Allstate Corp/The                                                                | Allstate Corp/The                                                                         | CUSIP: 020002AQ4<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101950.00    | 0.00%             | 2033-06-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137FK4M5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    700000 | PA      | $695282.11    | 0.01%             | 2028-10-25      | Variable      | 4.06%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp                                                               | Realty Income Corp                                                                        | CUSIP: 756109AR5<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    100000 | PA      | $99506.00     | 0.00%             | 2026-10-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138W9BN9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    780190 | PA      | $698401.88    | 0.01%             | 2043-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                               | CUSIP: 68389XBH7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    200000 | PA      | $172482.00    | 0.00%             | 2036-07-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                                  | CUSIP: 74432QCE3<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    150000 | PA      | $121185.00    | 0.00%             | 2050-02-25      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Indonesia Government International Bonds                                         | Indonesia Government International Bonds                                                  | CUSIP: 455780CY0<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $172014.00    | 0.00%             | 2031-07-28      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JCH5<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81363.00     | 0.00%             | 2052-06-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KRMV3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    417030 | PA      | $417524.58    | 0.01%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                                         | Corebridge Financial Inc                                                                  | CUSIP: 21871XAT6<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145978.50    | 0.00%             | 2054-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PCE4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    600000 | PA      | $408330.00    | 0.01%             | 2052-04-22      | Fixed         | 3.33%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                                | CUSIP: 871829BQ9<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    150000 | PA      | $129618.00    | 0.00%             | 2031-12-14      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA G&E CO                                                                  | Oklahoma Gas and Electric Co                                                              | CUSIP: 678858BS9<br>LEI: 549300VJ8YXGPO8EV472 | Long             | DBT              | CORP              | US        |     75000 | PA      | $56136.00     | 0.00%             | 2047-08-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                                              | Gilead Sciences Inc                                                                       | CUSIP: 375558BK8<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    300000 | PA      | $240306.00    | 0.00%             | 2047-03-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200AR2<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    130000 | PA      | $135215.60    | 0.00%             | 2027-08-01      | Fixed         | 6.22%                 | No            |                  2 | On Loan: No      |
| Panama Government International Bonds                                            | Panama Government International Bonds                                                     | CUSIP: 698299BB9<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    400000 | PA      | $244768.00    | 0.00%             | 2053-04-29      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                                       | CUSIP: 49447BAA1<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |    100000 | PA      | $106931.00    | 0.00%             | 2034-03-01      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810SL3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9570000 | PA      | $5482563.33   | 0.10%             | 2050-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                          | GLP Capital LP / GLP Financing II Inc                                                     | CUSIP: 361841AQ2<br>LEI: N/A                  | Long             | DBT              |  | US        |    200000 | PA      | $186160.00    | 0.00%             | 2031-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                               | CUSIP: 931142CK7<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    150000 | PA      | $170509.50    | 0.00%             | 2037-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| EPR PROPERTIES                                                                   | EPR Properties                                                                            | CUSIP: 26884UAF6<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              |  | US        |    100000 | PA      | $94382.00     | 0.00%             | 2029-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457BJ6<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78235.00     | 0.00%             | 2045-03-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Energy Transfer Operating LP                                                     | Energy Transfer Operating LP                                                              | CUSIP: 29273RBL2<br>LEI: 5493008K8W3OKZE54J59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $170402.00    | 0.00%             | 2047-04-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| JANUS HEND US HLDGS INC                                                          | Janus Henderson US Holdings Inc                                                           | CUSIP: 47103MAB4<br>LEI: 8T2ZO87FU1KVPZIG9I59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96659.00     | 0.00%             | 2034-09-10      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| HP INC                                                                           | HP Inc                                                                                    | CUSIP: 40434LAN5<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149589.00    | 0.00%             | 2033-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 89115A3E0<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $201978.00    | 0.00%             | 2028-01-31      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                                                         | eBay Inc                                                                                  | CUSIP: 278642AX1<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97118.00     | 0.00%             | 2026-05-10      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162DH0<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195978.00    | 0.00%             | 2029-08-18      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Energy Transfer Operating LP                                                     | Energy Transfer Operating LP                                                              | CUSIP: 29278NAG8<br>LEI: 5493008K8W3OKZE54J59 | Long             | DBT              | CORP              | US        |    300000 | PA      | $304872.00    | 0.01%             | 2029-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 96950FAN4<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91538.00     | 0.00%             | 2044-03-04      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                                                  | Cigna Group/The                                                                           | CUSIP: 125523AK6<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    550000 | PA      | $465828.00    | 0.01%             | 2048-12-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ENTERPRIS                                                         | Public Service Enterprise Group Inc                                                       | CUSIP: 744573AW6<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156136.50    | 0.00%             | 2028-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VDP2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    352651 | PA      | $317722.20    | 0.01%             | 2050-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397E25<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196194.00    | 0.00%             | 2031-03-05      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448CC0<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     75000 | PA      | $58607.25     | 0.00%             | 2042-08-13      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 912828YU8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3700000 | PA      | $3574041.01   | 0.07%             | 2026-11-30      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119BY4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137728.50    | 0.00%             | 2039-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                           | CUSIP: 500769KJ2<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    500000 | PA      | $500095.00    | 0.01%             | 2028-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                                | CUSIP: 31428XCH7<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |    200000 | PA      | $187444.00    | 0.00%             | 2029-08-05      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CWT7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    290944 | PA      | $271251.71    | 0.01%             | 2048-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                                                    | J M Smucker Co/The                                                                        | CUSIP: 832696AY4<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |    200000 | PA      | $209442.00    | 0.00%             | 2043-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                                                              | CDW LLC / CDW Finance Corp                                                                | CUSIP: 12513GBK4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $99994.00     | 0.00%             | 2030-03-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822BZ6<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $240195.00    | 0.00%             | 2027-10-13      | Fixed         | 1.64%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                                                    | J M Smucker Co/The                                                                        | CUSIP: 832696AX6<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |    200000 | PA      | $212396.00    | 0.00%             | 2033-11-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                                      | CUSIP: 94106LCC1<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125860.00    | 0.00%             | 2030-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| EPR Properties                                                                   | EPR Properties                                                                            | CUSIP: 26884UAD1<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              |  | US        |    150000 | PA      | $148464.00    | 0.00%             | 2027-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities Inc                                              | Alexandria Real Estate Equities Inc                                                       | CUSIP: 015271AR0<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |    150000 | PA      | $135837.00    | 0.00%             | 2031-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Indonesia Government International Bonds                                         | Indonesia Government International Bonds                                                  | CUSIP: 455780CN4<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    300000 | PA      | $219660.00    | 0.00%             | 2049-10-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | Diamondback Energy Inc                                                                    | CUSIP: 25278XAZ2<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196618.00    | 0.00%             | 2034-04-18      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp                                                            | Northrop Grumman Corp                                                                     | CUSIP: 666807BD3<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94023.00     | 0.00%             | 2040-11-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280DR7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $423016.00    | 0.01%             | 2028-11-03      | Fixed         | 7.39%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833EG1<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    325000 | PA      | $187911.75    | 0.00%             | 2061-02-08      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                                  | CUSIP: 298785JU1<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |   1050000 | PA      | $1049937.00   | 0.02%             | 2028-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                                                  | Israel Government International Bond                                                      | CUSIP: 46513JB59<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    200000 | PA      | $137160.00    | 0.00%             | 2120-04-03      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818GB8<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195942.00    | 0.00%             | 2033-01-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Arrow Electronics Inc                                                            | Arrow Electronics Inc                                                                     | CUSIP: 042735BF6<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97882.00     | 0.00%             | 2028-01-12      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175CQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $260315.00    | 0.00%             | 2029-06-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| TCI Communications Inc                                                           | TCI Communications Inc                                                                    | CUSIP: 872287AL1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $31982.70     | 0.00%             | 2028-02-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CJJ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20950000 | PA      | $21270796.88  | 0.40%             | 2033-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN UNIVERSITY                                                              | American University/The                                                                   | CUSIP: 030360AD3<br>LEI: 549300ZMGVN6I2E7LS27 | Long             | DBT              | CORP              | US        |    100000 | PA      | $73943.00     | 0.00%             | 2049-04-01      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                                       | CUSIP: 459058LN1<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |   1000000 | PA      | $995990.00    | 0.02%             | 2029-10-16      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179RZU6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    106165 | PA      | $100122.23    | 0.00%             | 2046-02-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822DF8<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $251277.50    | 0.00%             | 2035-04-17      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | Mastercard Inc                                                                            | CUSIP: 57636QAZ7<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    225000 | PA      | $224637.75    | 0.00%             | 2034-05-09      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                                                   | Mastercard Inc                                                                            | CUSIP: 57636QAJ3<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98595.00     | 0.00%             | 2028-02-26      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | State of California                                                                       | CUSIP: 13063D3R7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107625.50    | 0.00%             | 2033-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Energy Partners LP                                                 | Kinder Morgan Energy Partners LP                                                          | CUSIP: 28370TAF6<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     45000 | PA      | $37694.70     | 0.00%             | 2042-11-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Coca-Cola Co/The                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216CE8<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97934.00     | 0.00%             | 2027-05-25      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XBU4<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |    130000 | PA      | $128456.90    | 0.00%             | 2026-06-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| JobsOhio Beverage System                                                         | JobsOhio Beverage System                                                                  | CUSIP: 47770VBQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $40186.90     | 0.00%             | 2038-01-01      | Fixed         | 2.83%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS CO                                                               | Ameren Illinois Co                                                                        | CUSIP: 02361DAT7<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82458.00     | 0.00%             | 2049-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830BC2<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89242.00     | 0.00%             | 2035-03-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                                                  | Chevron USA Inc                                                                           | CUSIP: 166756AZ9<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151003.50    | 0.00%             | 2027-02-26      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XDH6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    175000 | PA      | $163268.00    | 0.00%             | 2028-04-10      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| CMS Energy Corp                                                                  | CMS Energy Corp                                                                           | CUSIP: 125896BN9<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86983.00     | 0.00%             | 2044-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AVERY DENNISON CORP                                                              | Avery Dennison Corp                                                                       | CUSIP: 053611AM1<br>LEI: 549300PW7VPFCYKLIV37 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83439.00     | 0.00%             | 2032-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| JABIL INC                                                                        | Jabil Inc                                                                                 | CUSIP: 466313AK9<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |    200000 | PA      | $179466.00    | 0.00%             | 2031-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FBF7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    300000 | PA      | $253662.00    | 0.00%             | 2033-02-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CLC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13000000 | PA      | $13038085.97  | 0.25%             | 2029-07-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Amphenol Corp                                                                    | Amphenol Corp                                                                             | CUSIP: 032095AH4<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99873.00     | 0.00%             | 2029-06-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Canadian Natural Resources Ltd                                                   | Canadian Natural Resources Ltd                                                            | CUSIP: 136385AX9<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $246512.50    | 0.00%             | 2027-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122DZ8<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    200000 | PA      | $212184.00    | 0.00%             | 2033-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Simon Property Group LP                                                          | Simon Property Group LP                                                                   | CUSIP: 828807DE4<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    150000 | PA      | $146580.00    | 0.00%             | 2027-12-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179U4A7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     75159 | PA      | $63462.16     | 0.00%             | 2049-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | Mastercard Inc                                                                            | CUSIP: 57636QAU8<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86131.00     | 0.00%             | 2031-11-18      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                         | CUSIP: 20826FBD7<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    307000 | PA      | $213441.75    | 0.00%             | 2062-03-15      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| DIAGEO CAPITAL PLC                                                               | Diageo Capital PLC                                                                        | CUSIP: 25243YBN8<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $208002.00    | 0.00%             | 2033-10-05      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                         | CUSIP: 20826FBK1<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99931.00     | 0.00%             | 2032-01-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| CONCENTRIX CORP                                                                  | Concentrix Corp                                                                           | CUSIP: 20602DAB7<br>LEI: 5493000EAJN1KMPVA737 | Long             | DBT              | CORP              | US        |    150000 | PA      | $157428.00    | 0.00%             | 2028-08-02      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Finance Corp                                                  | Berkshire Hathaway Finance Corp                                                           | CUSIP: 084664CV1<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    300000 | PA      | $188712.00    | 0.00%             | 2050-10-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DHH8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     41327 | PA      | $37800.64     | 0.00%             | 2039-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DMD1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    202618 | PA      | $188730.66    | 0.00%             | 2035-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200KM2<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144723.00    | 0.00%             | 2027-02-09      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Edison International                                                             | Edison International                                                                      | CUSIP: 281020AM9<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96228.00     | 0.00%             | 2028-03-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                                              | PayPal Holdings Inc                                                                       | CUSIP: 70450YAJ2<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |    150000 | PA      | $98259.00     | 0.00%             | 2050-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                                                 | Hewlett Packard Enterprise Co                                                             | CUSIP: 42824CBU2<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248032.50    | 0.00%             | 2031-10-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ADC6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    225000 | PA      | $233334.00    | 0.00%             | 2034-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                                   | CUSIP: 742718FV6<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193316.00    | 0.00%             | 2027-02-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                                  | CUSIP: 126408HG1<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74599.00     | 0.00%             | 2066-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                                    | CUSIP: 62954HBA5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    200000 | PA      | $173154.00    | 0.00%             | 2031-05-11      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                          | CUSIP: 05526DBW4<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    175000 | PA      | $171095.75    | 0.00%             | 2032-03-16      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CKT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12800000 | PA      | $13074499.97  | 0.25%             | 2029-05-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                                                                    | DTE Energy Co                                                                             | CUSIP: 233331BF3<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92102.00     | 0.00%             | 2030-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| BERKLEY (WR) CORPORATION                                                         | W R Berkley Corp                                                                          | CUSIP: 084423AU6<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | DBT              | CORP              | US        |     50000 | PA      | $37285.50     | 0.00%             | 2050-05-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 9128286X3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6700000 | PA      | $6569402.33   | 0.12%             | 2026-05-31      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                                | CUSIP: 14040HCH6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    225000 | PA      | $216400.50    | 0.00%             | 2027-11-02      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                                                               | Conagra Brands Inc                                                                        | CUSIP: 205887CE0<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176344.00    | 0.00%             | 2048-11-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Shell International Finance BV                                                   | Shell International Finance BV                                                            | CUSIP: 822582CB6<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $297636.00    | 0.01%             | 2028-11-13      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 06051GFC8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    350000 | PA      | $322980.00    | 0.01%             | 2044-01-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                              | CUSIP: 29250NBH7<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $96182.00     | 0.00%             | 2026-10-04      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                                    | Boeing Co/The                                                                             | CUSIP: 097023CN3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137764.50    | 0.00%             | 2030-02-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| ASIAN INFRASTRUCTURE INV                                                         | Asian Infrastructure Investment Bank/The                                                  | CUSIP: 04522KAP1<br>LEI: 25490065OSV2524LCR32 | Long             | DBT              | NUSS              | XX        |   1250000 | PA      | $1275825.00   | 0.02%             | 2030-01-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810RT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6295800 | PA      | $4030295.72   | 0.08%             | 2046-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822AJ3<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $195748.00    | 0.00%             | 2026-09-13      | Fixed         | 2.76%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406RBV8<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152605.50    | 0.00%             | 2030-03-14      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 172967MY4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    500000 | PA      | $437205.00    | 0.01%             | 2032-05-01      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| Interpublic Group of Cos Inc/The                                                 | Interpublic Group of Cos Inc/The                                                          | CUSIP: 460690BS8<br>LEI: 5493008IUOJ5VWTRC333 | Long             | DBT              | CORP              | US        |    100000 | PA      | $72439.00     | 0.00%             | 2041-03-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Regency Centers LP                                                               | Regency Centers LP                                                                        | CUSIP: 75884RAY9<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              |  | US        |     75000 | PA      | $63201.75     | 0.00%             | 2049-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES                                                           | PPL Electric Utilities Corp                                                               | CUSIP: 69351UBB8<br>LEI: 549300GCZLSGYEYPIR35 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139486.50    | 0.00%             | 2053-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DQ47<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    379622 | PA      | $345780.31    | 0.01%             | 2035-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138Y63F9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    123365 | PA      | $124036.61    | 0.00%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS                                                           | Zimmer Biomet Holdings Inc                                                                | CUSIP: 98956PBA9<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100205.00    | 0.00%             | 2027-02-19      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORP                                                            | Northrop Grumman Corp                                                                     | CUSIP: 666807CK6<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151101.00    | 0.00%             | 2029-02-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                              | CUSIP: 251526BN8<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $196306.00    | 0.00%             | 2032-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| UDR INC                                                                          | UDR Inc                                                                                   | CUSIP: 90265EAV2<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              |  | US        |    100000 | PA      | $78823.00     | 0.00%             | 2033-06-15      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| NYU LANGONE HOSPITALS                                                            | NYU Langone Hospitals                                                                     | CUSIP: 62952EAE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $83212.00     | 0.00%             | 2047-07-01      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CJP7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8800000 | PA      | $8848984.41   | 0.17%             | 2026-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KLUA3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4217741 | PA      | $3506530.20   | 0.07%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477BY8<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103327.00    | 0.00%             | 2028-11-04      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev Finance Inc                                                 | Anheuser-Busch InBev Finance Inc                                                          | CUSIP: 035242AM8<br>LEI: 5493000EYEKDT0FBSQ91 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144268.50    | 0.00%             | 2036-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661DX2<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137991.00    | 0.00%             | 2028-04-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YFK5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    803612 | PA      | $783228.47    | 0.01%             | 2053-09-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810EZ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    496400 | PA      | $520124.43    | 0.01%             | 2027-02-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VMC1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    232812 | PA      | $195704.82    | 0.00%             | 2050-05-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ERCL2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    135565 | PA      | $141253.07    | 0.00%             | 2041-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corp                                                            | Novartis Capital Corp                                                                     | CUSIP: 66989HAH1<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    350000 | PA      | $304790.50    | 0.01%             | 2044-05-06      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Hexcel Corp                                                                      | Hexcel Corp                                                                               | CUSIP: 428291AN8<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197758.00    | 0.00%             | 2027-02-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                                | CUSIP: 91159HJP6<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205978.00    | 0.00%             | 2027-10-26      | Fixed         | 6.79%                 | No            |                  2 | On Loan: No      |
| KELLANOVA                                                                        | Kellanova                                                                                 | CUSIP: 487836BQ0<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83641.00     | 0.00%             | 2046-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738ECY9<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    350000 | PA      | $353325.00    | 0.01%             | 2031-02-25      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WQF56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     68238 | PA      | $63142.01     | 0.00%             | 2043-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF ALBERTA                                                              | Province of Alberta Canada                                                                | CUSIP: 013051EV5<br>LEI: LQPXMHHNJKIPJYE53543 | Long             | DBT              | NUSS              | CA        |    250000 | PA      | $253585.00    | 0.00%             | 2029-06-26      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                                      | CUSIP: 743315AQ6<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76143.00     | 0.00%             | 2045-01-26      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| FMC CORP                                                                         | FMC Corp                                                                                  | CUSIP: 302491AV7<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71244.00     | 0.00%             | 2049-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEVADA POWER CO                                                                  | Nevada Power Co                                                                           | CUSIP: 641423CE6<br>LEI: MJZFGXRJ52U8U4MKJ519 | Long             | DBT              | CORP              | US        |    100000 | PA      | $61959.00     | 0.00%             | 2050-08-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| WISCONSIN POWER & LIGHT                                                          | Wisconsin Power and Light Co                                                              | CUSIP: 976826BN6<br>LEI: JWBYHVQVMY66CVCOSO49 | Long             | DBT              | CORP              | US        |    100000 | PA      | $69695.00     | 0.00%             | 2050-04-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VCM4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    175000 | PA      | $153244.00    | 0.00%             | 2054-08-21      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RHA3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    150000 | PA      | $135613.50    | 0.00%             | 2046-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                           | CUSIP: 500769JT2<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    950000 | PA      | $932900.00    | 0.02%             | 2027-05-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Target Corp                                                                      | Target Corp                                                                               | CUSIP: 87612EBA3<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     75000 | PA      | $61749.75     | 0.00%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081GM3<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93122.00     | 0.00%             | 2053-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417AX61<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    192017 | PA      | $177802.75    | 0.00%             | 2042-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                                                | Travelers Cos Inc/The                                                                     | CUSIP: 89417EAQ2<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |    200000 | PA      | $117158.00    | 0.00%             | 2050-04-27      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ESB64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    477382 | PA      | $429624.72    | 0.01%             | 2044-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138XPKL6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    199122 | PA      | $189252.85    | 0.00%             | 2044-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                          | CUSIP: 05526DCB9<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    175000 | PA      | $176823.50    | 0.00%             | 2032-08-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ETU53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     61703 | PA      | $60353.14     | 0.00%             | 2030-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJRE2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     39943 | PA      | $35996.54     | 0.00%             | 2042-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                         | CUSIP: 24703TAL0<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175813.75    | 0.00%             | 2028-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                                                                   | Starbucks Corp                                                                            | CUSIP: 855244AP4<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146458.50    | 0.00%             | 2028-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XCN8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    100000 | PA      | $100584.00    | 0.00%             | 2030-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                                                  | Sands China Ltd                                                                           | CUSIP: 80007RAN5<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $190532.00    | 0.00%             | 2027-03-08      | Variable      | 2.30%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 89115A2H4<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $301404.00    | 0.01%             | 2027-09-15      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748BQ4<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     75000 | PA      | $45828.00     | 0.00%             | 2051-12-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417FMN5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    338702 | PA      | $295801.10    | 0.01%             | 2043-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOF                                                         | Take-Two Interactive Software Inc                                                         | CUSIP: 874054AM1<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76634.25     | 0.00%             | 2029-06-12      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BK/NY                                                         | National Australia Bank Ltd/New York                                                      | CUSIP: 63253QAG9<br>LEI: 549300E2IPL06NDXMZ63 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $254165.00    | 0.00%             | 2029-01-10      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                                    | Boeing Co/The                                                                             | CUSIP: 097023CA1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47791.50     | 0.00%             | 2028-11-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TLZ6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101735.00    | 0.00%             | 2031-03-21      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EZP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    324087 | PA      | $337913.47    | 0.01%             | 2054-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE TELEKOM INT FIN                                                         | Deutsche Telekom International Finance BV                                                 | CUSIP: 25156PAC7<br>LEI: 529900ERDFHS6C1M4U58 | Long             | DBT              | CORP              | NL        |    600000 | PA      | $703968.00    | 0.01%             | 2030-06-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev Worldwide Inc                                               | Anheuser-Busch InBev Worldwide Inc                                                        | CUSIP: 035240AR1<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102033.00    | 0.00%             | 2031-01-23      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PBV7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    300000 | PA      | $205086.00    | 0.00%             | 2041-11-19      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833EE6<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    300000 | PA      | $205770.00    | 0.00%             | 2041-02-08      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280AM1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $208310.00    | 0.00%             | 2042-01-14      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135BC9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    675000 | PA      | $661520.25    | 0.01%             | 2027-08-22      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                         | CUSIP: 49456BBC4<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152218.50    | 0.00%             | 2035-06-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| EMORY UNIVERSITY                                                                 | Emory University                                                                          | CUSIP: 29157TAE6<br>LEI: 95MD72NUUVZ3P8PQ6919 | Long             | DBT              | CORP              | US        |    150000 | PA      | $94560.00     | 0.00%             | 2050-09-01      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| TEXTRON INC                                                                      | Textron Inc                                                                               | CUSIP: 883203CB5<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91502.00     | 0.00%             | 2030-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XQY5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1289579 | PA      | $1309910.84   | 0.02%             | 2053-01-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91086QBB3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    750000 | PA      | $569122.50    | 0.01%             | 2044-03-08      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140Q9F65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    299257 | PA      | $287367.86    | 0.01%             | 2048-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NMI HOLDINGS                                                                     | NMI Holdings Inc                                                                          | CUSIP: 629209AC1<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102292.00    | 0.00%             | 2029-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AEP TRANSMISSION CO LLC                                                          | AEP Transmission Co LLC                                                                   | CUSIP: 00115AAR0<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74414.25     | 0.00%             | 2034-04-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| LYB INT FINANCE III                                                              | LYB International Finance III LLC                                                         | CUSIP: 50249AAJ2<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |    175000 | PA      | $113099.00    | 0.00%             | 2051-04-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DPL0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    150067 | PA      | $139157.77    | 0.00%             | 2050-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE OP CO                                                             | Public Storage Operating Co                                                               | CUSIP: 74460WAG2<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              |  | US        |    100000 | PA      | $101419.00    | 0.00%             | 2033-08-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                         | CUSIP: 639057AL2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $202948.00    | 0.00%             | 2028-03-01      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO                                                              | Consumers Energy Co                                                                       | CUSIP: 210518DV5<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101569.00    | 0.00%             | 2029-02-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| CANADA GOVERNMENT                                                                | Canada Government International Bond                                                      | CUSIP: 135087Q56<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |    800000 | PA      | $797048.00    | 0.01%             | 2028-04-26      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DCF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     73041 | PA      | $71987.71     | 0.00%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEYERHAEUSER CO                                                                  | Weyerhaeuser Co                                                                           | CUSIP: 962166BY9<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              |  | US        |    150000 | PA      | $145177.50    | 0.00%             | 2030-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WESTINGHOUSE AIR BRAKE                                                           | Westinghouse Air Brake Technologies Corp                                                  | CUSIP: 960386AR1<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76566.00     | 0.00%             | 2034-03-11      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KNCZ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    424382 | PA      | $352032.54    | 0.01%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SPECTRA ENERGY PARTNERS                                                          | Spectra Energy Partners LP                                                                | CUSIP: 84756NAG4<br>LEI: 2HKVXE7U4NF5B6UGSU72 | Long             | DBT              | CORP              | US        |    150000 | PA      | $120171.00    | 0.00%             | 2045-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FCC3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146926.50    | 0.00%             | 2032-02-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYTW9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    237545 | PA      | $202815.84    | 0.00%             | 2040-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WKUK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     89053 | PA      | $83398.62     | 0.00%             | 2047-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds                                       | Philippines Government International Bonds                                                | CUSIP: 718286BW6<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    200000 | PA      | $195732.00    | 0.00%             | 2037-01-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TYSON FOODS INC                                                                  | Tyson Foods Inc                                                                           | CUSIP: 902494BM4<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |    175000 | PA      | $178465.00    | 0.00%             | 2034-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Peru Government International Bonds                                              | Peru Government International Bonds                                                       | CUSIP: 715638BM3<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    395000 | PA      | $368617.95    | 0.01%             | 2050-11-18      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                                     | GS Mortgage Securities Trust 2020-GC45                                                    | CUSIP: 36258YBG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2754945.06   | 0.05%             | 2053-02-13      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ADE2<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202002.00    | 0.00%             | 2029-01-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| COPT DEFENSE PROP LP                                                             | COPT Defense Properties LP                                                                | CUSIP: 22003BAN6<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              |  | US        |    150000 | PA      | $134517.00    | 0.00%             | 2029-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XNH5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    605929 | PA      | $615583.84    | 0.01%             | 2052-12-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| International Bank for Reconstruction & Development                              | International Bank for Reconstruction & Development                                       | CUSIP: 459058JG9<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    750000 | PA      | $634417.50    | 0.01%             | 2030-08-26      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DMG4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    212981 | PA      | $195235.65    | 0.00%             | 2040-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91087BAK6<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    500000 | PA      | $467580.00    | 0.01%             | 2032-04-27      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752AZ6<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175535.50    | 0.00%             | 2034-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KBZ2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    200000 | PA      | $171004.00    | 0.00%             | 2032-01-15      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                                  | CUSIP: 298785JV9<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $483925.00    | 0.01%             | 2033-02-14      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                                                             | Howmet Aerospace Inc                                                                      | CUSIP: 443201AC2<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100310.00    | 0.00%             | 2031-10-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| JOHNSON CONTROLS/TYCO FI                                                         | Johnson Controls International plc / Tyco Fire & Security Finance SCA                     | CUSIP: 47837RAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    100000 | PA      | $98968.00     | 0.00%             | 2032-12-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Hasbro Inc                                                                       | Hasbro Inc                                                                                | CUSIP: 418056AU1<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |     50000 | PA      | $42660.50     | 0.00%             | 2044-05-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 75513ECU3<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    200000 | PA      | $208592.00    | 0.00%             | 2029-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GLOBE LIFE INC                                                                   | Globe Life Inc                                                                            | CUSIP: 37959EAC6<br>LEI: 5493001JFHKQOPP6XA71 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76394.25     | 0.00%             | 2034-09-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EGCF9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4133 | PA      | $4161.52      | 0.00%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214EQ2<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    200000 | PA      | $144804.00    | 0.00%             | 2040-11-16      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| AMERICA MOVIL SAB DE CV                                                          | America Movil SAB de CV                                                                   | CUSIP: 02364WBJ3<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $182880.00    | 0.00%             | 2030-05-07      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2019-C50                                            | CUSIP: 95001XBB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    675000 | PA      | $646822.01    | 0.01%             | 2052-05-15      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162CZ1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    200000 | PA      | $168224.00    | 0.00%             | 2032-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                               | CUSIP: 931142EB5<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89687.00     | 0.00%             | 2038-06-28      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ORLANDO HEALTH OBL GRP                                                           | Orlando Health Obligated Group                                                            | CUSIP: 686514AF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $38744.50     | 0.00%             | 2048-10-01      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                               | CUSIP: 29444UBM7<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |    125000 | PA      | $74941.25     | 0.00%             | 2051-09-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QTKN8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    877792 | PA      | $896501.56    | 0.02%             | 2053-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2024-1 AA PTT                                                         | United Airlines 2024-1 Class AA Pass Through Trust                                        | CUSIP: 90932WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    148695 | PA      | $147403.95    | 0.00%             | 2038-08-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MFB5<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197386.00    | 0.00%             | 2027-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122EE4<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202378.00    | 0.00%             | 2027-02-22      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YPK4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    320950 | PA      | $330844.89    | 0.01%             | 2054-01-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810SC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7000000 | PA      | $5193671.91   | 0.10%             | 2048-05-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ASSURED GUARANTY US HLDG                                                         | Assured Guaranty US Holdings Inc                                                          | CUSIP: 04621WAE0<br>LEI: 5493007YCE0652G9TZ64 | Long             | DBT              | CORP              | US        |     50000 | PA      | $32859.00     | 0.00%             | 2051-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| GATX CORP                                                                        | GATX Corp                                                                                 | CUSIP: 361448BH5<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |    100000 | PA      | $60290.00     | 0.00%             | 2051-06-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179MSX9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    401265 | PA      | $368160.64    | 0.01%             | 2042-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TAKEDA PHARMACEUTICAL                                                            | Takeda Pharmaceutical Co Ltd                                                              | CUSIP: 874060BN5<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $188824.00    | 0.00%             | 2064-07-05      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Nvent Finance Sarl                                                               | nVent Finance Sarl                                                                        | CUSIP: 67078AAD5<br>LEI: 549300KO1OQ4MVFB6X02 | Long             | DBT              | CORP              | LU        |    150000 | PA      | $149605.50    | 0.00%             | 2028-04-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UV82<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    279879 | PA      | $252157.56    | 0.00%             | 2049-07-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137FEBQ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    900000 | PA      | $882732.94    | 0.02%             | 2027-12-25      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                                   | CUSIP: 455780CK0<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    250000 | PA      | $240120.00    | 0.00%             | 2029-09-18      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                                                   | Mastercard Inc                                                                            | CUSIP: 57636QAH7<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77712.00     | 0.00%             | 2046-11-21      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                                           | Arizona Public Service Co                                                                 | CUSIP: 040555DB7<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    250000 | PA      | $164377.50    | 0.00%             | 2050-05-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                                   | CUSIP: 742718FJ3<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83583.00     | 0.00%             | 2040-03-25      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| AON CORP/AON GLOBAL HOLD                                                         | Aon Corp / Aon Global Holdings PLC                                                        | CUSIP: 03740LAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    200000 | PA      | $143900.00    | 0.00%             | 2052-02-28      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| PARKER-HANNIFIN CORP                                                             | Parker-Hannifin Corp                                                                      | CUSIP: 701094AR5<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199736.00    | 0.00%             | 2027-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Tyson Foods Inc                                                                  | Tyson Foods Inc                                                                           | CUSIP: 902494BH5<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |    300000 | PA      | $262617.00    | 0.00%             | 2048-09-28      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QTK99<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1871858 | PA      | $1947041.24   | 0.04%             | 2053-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CCS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  21050000 | PA      | $17784783.15  | 0.33%             | 2031-08-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 89115A3A8<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $250385.00    | 0.00%             | 2026-12-17      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 75513EAD3<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    150000 | PA      | $134082.00    | 0.00%             | 2030-07-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680CA9<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $103162.50    | 0.00%             | 2050-03-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Canadian National Railway Co                                                     | Canadian National Railway Co                                                              | CUSIP: 136375BD3<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $161304.00    | 0.00%             | 2028-07-15      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418B6G6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1379073 | PA      | $1207728.70   | 0.02%             | 2046-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SEMPRA                                                                           | Sempra                                                                                    | CUSIP: 816851BP3<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144982.50    | 0.00%             | 2029-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175BY9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375000 | PA      | $231052.50    | 0.00%             | 2061-04-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                                       | CUSIP: 49446RAM1<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |    150000 | PA      | $119385.00    | 0.00%             | 2045-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| KINROSS GOLD CORP                                                                | Kinross Gold Corp                                                                         | CUSIP: 496902AT4<br>LEI: 549300UEBMAQDN0K0R06 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $105668.00    | 0.00%             | 2033-07-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                                      | CUSIP: 49271VAT7<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152335.50    | 0.00%             | 2029-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CFV8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  17450000 | PA      | $17379109.38  | 0.33%             | 2032-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DVMY8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    584803 | PA      | $586685.36    | 0.01%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Panama Government International Bonds                                            | Panama Government International Bonds                                                     | CUSIP: 698299BX1<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    200000 | PA      | $209644.00    | 0.00%             | 2031-03-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| GEORGETOWN UNIVERSITY                                                            | Georgetown University/The                                                                 | CUSIP: 37310PAD3<br>LEI: 549300GCL3B0KVXSX752 | Long             | DBT              | CORP              | US        |    100000 | PA      | $62435.00     | 0.00%             | 2050-04-01      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QLNT9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1111319 | PA      | $918964.37    | 0.02%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | Fiserv Inc                                                                                | CUSIP: 337738BC1<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    150000 | PA      | $135721.50    | 0.00%             | 2030-06-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NDA6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    300000 | PA      | $276603.00    | 0.01%             | 2030-02-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJ2N9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    246359 | PA      | $230442.15    | 0.00%             | 2047-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMERIPRISE FINANCIAL INC                                                         | Ameriprise Financial Inc                                                                  | CUSIP: 03076CAM8<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151384.50    | 0.00%             | 2033-05-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ADF9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249630.00    | 0.00%             | 2034-04-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| SANOFI SA                                                                        | Sanofi SA                                                                                 | CUSIP: 801060AD6<br>LEI: 549300E9PC51EN656011 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $246260.00    | 0.00%             | 2028-06-19      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31410GB51<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     18255 | PA      | $19369.14     | 0.00%             | 2036-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TransCanada PipeLines Ltd                                                        | TransCanada PipeLines Ltd                                                                 | CUSIP: 89352HAB5<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $101808.00    | 0.00%             | 2036-03-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                                   | CUSIP: 742718DB2<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    100000 | PA      | $107321.00    | 0.00%             | 2034-08-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119CK3<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    350000 | PA      | $317957.50    | 0.01%             | 2032-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YCA5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    600000 | PA      | $513264.00    | 0.01%             | 2039-11-21      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DHE5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     47864 | PA      | $45558.34     | 0.00%             | 2034-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                                                         | EnLink Midstream Partners LP                                                              | CUSIP: 29336UAG2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     75000 | PA      | $64539.75     | 0.00%             | 2047-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Corning Inc                                                                      | Corning Inc                                                                               | CUSIP: 219350AW5<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87099.00     | 0.00%             | 2042-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36225BXT0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     92083 | PA      | $94531.27     | 0.00%             | 2033-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OHIO POWER COMPANY                                                               | Ohio Power Co                                                                             | CUSIP: 677415CU3<br>LEI: 06ZODLC132CY1O2Y7D77 | Long             | DBT              | CORP              | US        |    150000 | PA      | $88321.50     | 0.00%             | 2051-10-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                                   | CUSIP: 808513BS3<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87736.00     | 0.00%             | 2031-05-13      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M7KK1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    155436 | PA      | $157301.25    | 0.00%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                            | CUSIP: 78409VAP9<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92292.00     | 0.00%             | 2029-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Reinsurance Group of America Inc                                                 | Reinsurance Group of America Inc                                                          | CUSIP: 759351AM1<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74439.00     | 0.00%             | 2026-09-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418ATZ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     50313 | PA      | $48857.44     | 0.00%             | 2028-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                                | CUSIP: 444859BZ4<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103286.00    | 0.00%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                                 | CUSIP: 674599EK7<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145242.00    | 0.00%             | 2032-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                                              | FS KKR Capital Corp                                                                       | CUSIP: 302635AL1<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71266.50     | 0.00%             | 2027-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CME Group Inc                                                                    | CME Group Inc                                                                             | CUSIP: 12572QAF2<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196372.00    | 0.00%             | 2043-09-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Pioneer Natural Resources Co                                                     | Pioneer Natural Resources Co                                                              | CUSIP: 723787AR8<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | DBT              | CORP              | US        |    200000 | PA      | $175364.00    | 0.00%             | 2031-01-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DPUZ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2271642 | PA      | $2316898.73   | 0.04%             | 2053-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UDR Inc                                                                          | UDR Inc                                                                                   | CUSIP: 90265EAN0<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              |  | US        |    100000 | PA      | $97655.00     | 0.00%             | 2028-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WILLIS NORTH AMERICA INC                                                         | Willis North America Inc                                                                  | CUSIP: 970648AM3<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151159.50    | 0.00%             | 2033-05-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J76D2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    657743 | PA      | $615980.29    | 0.01%             | 2047-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172CR8<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145263.00    | 0.00%             | 2026-05-01      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                             | CUSIP: 45866FAY0<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    200000 | PA      | $181000.00    | 0.00%             | 2062-06-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Uruguay Government International Bonds                                           | Uruguay Government International Bonds                                                    | CUSIP: 917288BK7<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    350000 | PA      | $346503.50    | 0.01%             | 2031-01-23      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 89114TZJ4<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $129133.50    | 0.00%             | 2031-09-10      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Halliburton Co                                                                   | Halliburton Co                                                                            | CUSIP: 406216BE0<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84737.00     | 0.00%             | 2043-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | Dominion Energy Inc                                                                       | CUSIP: 25746UDK2<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71997.00     | 0.00%             | 2041-04-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 3618N5KW8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    797919 | PA      | $792865.82    | 0.01%             | 2055-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Crown Castle International Corp                                                  | Crown Castle Inc                                                                          | CUSIP: 22822VAK7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    150000 | PA      | $146563.50    | 0.00%             | 2028-02-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| JACKSON FINANCIAL INC                                                            | Jackson Financial Inc                                                                     | CUSIP: 46817MAN7<br>LEI: 213800WXW2KG1N4CO374 | Long             | DBT              | CORP              | US        |    100000 | PA      | $66237.00     | 0.00%             | 2051-11-23      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CNA Financial Corp                                                               | CNA Financial Corp                                                                        | CUSIP: 126117AU4<br>LEI: 549300YX2GSZD7YG1R84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97683.00     | 0.00%             | 2027-08-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VBF6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    841161 | PA      | $736676.40    | 0.01%             | 2049-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK OP LLC                                                                | Healthpeak OP LLC                                                                         | CUSIP: 42250PAE3<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              |  | US        |    150000 | PA      | $149925.00    | 0.00%             | 2032-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810QX9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2668100 | PA      | $2001075.00   | 0.04%             | 2042-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179S5L7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    182042 | PA      | $164949.95    | 0.00%             | 2047-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NBCUniversal Media LLC                                                           | NBCUniversal Media LLC                                                                    | CUSIP: 63946BAF7<br>LEI: VTBDOQJ6KOGQ6K786R46 | Long             | DBT              | CORP              | US        |     75000 | PA      | $80165.25     | 0.00%             | 2040-04-30      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Hess Corp                                                                        | Hess Corp                                                                                 | CUSIP: 42809HAD9<br>LEI: UASVRYNXNK17ULIGK870 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194250.00    | 0.00%             | 2041-02-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                        | Uniform Mortgage-Backed Security, TBA                                                     | CUSIP: 01F042665<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  15500000 | PA      | $14624304.25  | 0.27%             | 2054-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GENERAL DYNAMICS CORP                                                            | General Dynamics Corp                                                                     | CUSIP: 369550BN7<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96926.00     | 0.00%             | 2026-06-01      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QARE2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    265980 | PA      | $248238.14    | 0.00%             | 2049-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162DQ0<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    500000 | PA      | $512970.00    | 0.01%             | 2030-03-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JACOBS ENGINEERING GROUP                                                         | Jacobs Engineering Group Inc                                                              | CUSIP: 469814AA5<br>LEI: 549300CZ8QS1GE53O776 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102682.00    | 0.00%             | 2033-03-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PBQ4<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100494.00    | 0.00%             | 2041-02-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Japan Bank for International Cooperation                                         | Japan Bank for International Cooperation                                                  | CUSIP: 471048BM9<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $194974.00    | 0.00%             | 2027-07-21      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                                | CUSIP: 871829BD8<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |     75000 | PA      | $60941.25     | 0.00%             | 2046-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                               | CUSIP: 02665WFT3<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149683.50    | 0.00%             | 2027-10-22      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 31339SVQ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    272157 | PA      | $244335.84    | 0.00%             | 2049-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DKK7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    332360 | PA      | $315957.95    | 0.01%             | 2035-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DT5Y2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1948198 | PA      | $1999142.14   | 0.04%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                             | CUSIP: 45866FAX2<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    325000 | PA      | $287157.00    | 0.01%             | 2052-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                                      | CUSIP: 743315AW3<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94893.00     | 0.00%             | 2030-03-26      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| BALTIMORE GAS & ELECTRIC                                                         | Baltimore Gas and Electric Co                                                             | CUSIP: 059165EK2<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79294.00     | 0.00%             | 2048-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TUCSON ELECTRIC POWER CO                                                         | Tucson Electric Power Co                                                                  | CUSIP: 898813AW0<br>LEI: YLF139GXSRKPBBTNZL03 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74095.50     | 0.00%             | 2034-09-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| BALTIMORE GAS & ELECTRIC                                                         | Baltimore Gas and Electric Co                                                             | CUSIP: 059165ES5<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72258.75     | 0.00%             | 2054-06-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 9128282A7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9971600 | PA      | $9673620.57   | 0.18%             | 2026-08-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132HMK26<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    209460 | PA      | $188764.35    | 0.00%             | 2042-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CGT2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8000000 | PA      | $7951562.48   | 0.15%             | 2028-03-31      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJU73<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     81588 | PA      | $74866.31     | 0.00%             | 2044-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LYB International Finance BV                                                     | LYB International Finance BV                                                              | CUSIP: 50247VAC3<br>LEI: 549300J6QSW38QNOJK61 | Long             | DBT              | CORP              | NL        |    150000 | PA      | $124131.00    | 0.00%             | 2044-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| UNIV SOUTHERN CALIFORNIA                                                         | University of Southern California                                                         | CUSIP: 914886AF3<br>LEI: 0GMCSQ6M60R4T46U5511 | Long             | DBT              | CORP              | US        |    100000 | PA      | $62776.00     | 0.00%             | 2051-10-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PEQ5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    450000 | PA      | $447610.50    | 0.01%             | 2030-10-22      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CUA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1396742 | PA      | $1262287.08   | 0.02%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DSY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    559792 | PA      | $501980.00    | 0.01%             | 2050-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Republic of Poland Government International Bonds                                | Republic of Poland Government International Bonds                                         | CUSIP: 857524AH5<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    500000 | PA      | $500975.00    | 0.01%             | 2035-02-12      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC                                                         | Constellation Energy Generation LLC                                                       | CUSIP: 210385AE0<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |    175000 | PA      | $183709.75    | 0.00%             | 2053-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PAYCHEX INC                                                                      | Paychex Inc                                                                               | CUSIP: 704326AB3<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |    250000 | PA      | $253810.00    | 0.00%             | 2032-04-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV6F7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    109424 | PA      | $101323.05    | 0.00%             | 2050-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179QBG5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    109988 | PA      | $103908.51    | 0.00%             | 2044-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BIO-RAD LABS                                                                     | Bio-Rad Laboratories Inc                                                                  | CUSIP: 090572AR9<br>LEI: 549300ZC1GPV35XYDK53 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97635.00     | 0.00%             | 2027-03-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WFNY8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    305462 | PA      | $268675.42    | 0.01%             | 2045-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Atmos Energy Corp                                                                | Atmos Energy Corp                                                                         | CUSIP: 049560AP0<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80703.00     | 0.00%             | 2048-10-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PROV ST JOSEPH HLTH OBL                                                          | Providence St Joseph Health Obligated Group                                               | CUSIP: 743820AB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $81361.50     | 0.00%             | 2051-10-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                                                          | Arthur J Gallagher & Co                                                                   | CUSIP: 04316JAL3<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151320.00    | 0.00%             | 2029-12-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Meritage Homes Corp                                                              | Meritage Homes Corp                                                                       | CUSIP: 59001ABA9<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75690.75     | 0.00%             | 2027-06-06      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                                                          | American Electric Power Co Inc                                                            | CUSIP: 025537AU5<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143220.00    | 0.00%             | 2062-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                                      | CUSIP: 743315AZ6<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     75000 | PA      | $67519.50     | 0.00%             | 2032-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ESSENTIAL UTILITIES INC                                                          | Essential Utilities Inc                                                                   | CUSIP: 29670GAH5<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99786.00     | 0.00%             | 2034-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Sprint Capital Corp                                                              | Sprint Capital Corp                                                                       | CUSIP: 852060AT9<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |    375000 | PA      | $449452.50    | 0.01%             | 2032-03-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                          | CUSIP: 054989AD0<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    200000 | PA      | $217578.00    | 0.00%             | 2053-08-02      | Fixed         | 7.08%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QUNV4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    519707 | PA      | $525919.96    | 0.01%             | 2054-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                                    | Boeing Co/The                                                                             | CUSIP: 097023CF0<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     50000 | PA      | $32640.00     | 0.00%             | 2059-03-01      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| Sutter Health                                                                    | Sutter Health                                                                             | CUSIP: 86944BAE3<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |     65000 | PA      | $50582.35     | 0.00%             | 2048-08-15      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                                                             | Targa Resources Corp                                                                      | CUSIP: 87612GAD3<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148321.50    | 0.00%             | 2053-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| National Fuel Gas Co                                                             | National Fuel Gas Co                                                                      | CUSIP: 636180BP5<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99554.00     | 0.00%             | 2028-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822CB8<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $172964.00    | 0.00%             | 2032-10-13      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| KEYCORP                                                                          | KeyCorp                                                                                   | CUSIP: 49326EEK5<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143704.50    | 0.00%             | 2027-04-06      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                                                         | CenterPoint Energy Houston Electric LLC                                                   | CUSIP: 15189XBD9<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102424.00    | 0.00%             | 2028-10-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91087BAZ3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    750000 | PA      | $720840.00    | 0.01%             | 2036-05-07      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WQA28<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    163211 | PA      | $146101.32    | 0.00%             | 2043-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                                                                    | Owens Corning                                                                             | CUSIP: 690742AP6<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153319.50    | 0.00%             | 2034-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91087BAS9<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    250000 | PA      | $167960.00    | 0.00%             | 2052-02-12      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                                  | CUSIP: 298785KF2<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |   1000000 | PA      | $991320.00    | 0.02%             | 2029-11-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Aetna Inc                                                                        | Aetna Inc                                                                                 | CUSIP: 00817YAP3<br>LEI: 549300QKBENKLBXQ8968 | Long             | DBT              | CORP              | US        |     50000 | PA      | $41210.00     | 0.00%             | 2044-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400HY2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102041.00    | 0.00%             | 2028-10-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                                        | CUSIP: 74456QBT2<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $72595.00     | 0.00%             | 2047-12-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752AG8<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148711.50    | 0.00%             | 2028-03-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GFD1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1076320.00   | 0.02%             | 2037-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CNA Financial Corp                                                               | CNA Financial Corp                                                                        | CUSIP: 126117AV2<br>LEI: 549300YX2GSZD7YG1R84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97182.00     | 0.00%             | 2029-05-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | Golden State Tobacco Securitization Corp.                                                 | CUSIP: 38122NZX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $78002.90     | 0.00%             | 2038-06-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MFX7<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153327.00    | 0.00%             | 2029-05-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448DD7<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    200000 | PA      | $172388.00    | 0.00%             | 2046-04-14      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36176XPW3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     66200 | PA      | $59557.08     | 0.00%             | 2042-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HASBRO INC                                                                       | Hasbro Inc                                                                                | CUSIP: 418056BA4<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101414.00    | 0.00%             | 2034-05-14      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U2Q5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    700000 | PA      | $513506.00    | 0.01%             | 2041-04-30      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418BZD1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     24846 | PA      | $23364.58     | 0.00%             | 2046-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                                        | CUSIP: 05964HAM7<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $180950.00    | 0.00%             | 2031-03-25      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QEJ94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1358814 | PA      | $1076198.62   | 0.02%             | 2050-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                                                             | Kraft Heinz Foods Co                                                                      | CUSIP: 50077LBF2<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194532.00    | 0.00%             | 2031-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| STRYKER CORP                                                                     | Stryker Corp                                                                              | CUSIP: 863667BE0<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |    125000 | PA      | $124072.50    | 0.00%             | 2029-09-11      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DARDEN RESTAURANTS INC                                                           | Darden Restaurants Inc                                                                    | CUSIP: 237194AN5<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105977.00    | 0.00%             | 2033-10-10      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                                    | Boeing Co/The                                                                             | CUSIP: 097023CD5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142108.50    | 0.00%             | 2029-03-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280EL9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $396028.00    | 0.01%             | 2035-11-18      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| PECO Energy Co                                                                   | PECO Energy Co                                                                            | CUSIP: 693304AW7<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |    150000 | PA      | $113554.50    | 0.00%             | 2048-03-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                                                | Travelers Cos Inc/The                                                                     | CUSIP: 89417EAR0<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |    200000 | PA      | $128332.00    | 0.00%             | 2051-06-08      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EAW0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1067158 | PA      | $901218.33    | 0.02%             | 2042-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| EnLink Midstream LLC                                                             | ONEOK Inc                                                                                 | CUSIP: 29336TAA8<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101646.00    | 0.00%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 913017BJ7<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75920.25     | 0.00%             | 2035-05-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WKKT1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     86550 | PA      | $84164.09     | 0.00%             | 2037-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6AP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    706163 | PA      | $622131.98    | 0.01%             | 2036-08-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| American Equity Investment Life Holding Co                                       | American National Group Inc                                                               | CUSIP: 025676AM9<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |     90000 | PA      | $89987.40     | 0.00%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ADOBE INC                                                                        | Adobe Inc                                                                                 | CUSIP: 00724PAF6<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | DBT              | CORP              | US        |    125000 | PA      | $127623.75    | 0.00%             | 2029-04-04      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| AFRICAN DEVELOPMENT BANK                                                         | African Development Bank                                                                  | CUSIP: 00828EFD6<br>LEI: 549300LNCLMO3ITVCU07 | Long             | DBT              | NUSS              | XX        |    400000 | PA      | $392360.00    | 0.01%             | 2029-09-18      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                                     | CUSIP: 882508BM5<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |    100000 | PA      | $59184.00     | 0.00%             | 2051-09-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                                  | CUSIP: 298785KA3<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    750000 | PA      | $737475.00    | 0.01%             | 2034-02-13      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DQF2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    323033 | PA      | $300594.27    | 0.01%             | 2035-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Houston Electric LLC                                          | CenterPoint Energy Houston Electric LLC                                                   | CUSIP: 15189XAN8<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85047.00     | 0.00%             | 2044-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Altria Group Inc                                                                 | Altria Group Inc                                                                          | CUSIP: 02209SBE2<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    375000 | PA      | $371336.25    | 0.01%             | 2039-02-14      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| TRANSCONT GAS PIPE LINE                                                          | Transcontinental Gas Pipe Line Co LLC                                                     | CUSIP: 893574AB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $93468.00     | 0.00%             | 2041-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DZ62<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    711457 | PA      | $602677.86    | 0.01%             | 2041-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Unum Group                                                                       | Unum Group                                                                                | CUSIP: 91529YAJ5<br>LEI: 549300E32YFDO6TZ8R31 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95218.00     | 0.00%             | 2042-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOF                                                         | Take-Two Interactive Software Inc                                                         | CUSIP: 874054AG4<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147649.50    | 0.00%             | 2027-04-14      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| WORKDAY INC                                                                      | Workday Inc                                                                               | CUSIP: 98138HAJ0<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |    225000 | PA      | $208865.25    | 0.00%             | 2032-04-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Willis North America Inc                                                         | Willis North America Inc                                                                  | CUSIP: 970648AG6<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149560.50    | 0.00%             | 2028-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CBE4<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47783.50     | 0.00%             | 2029-06-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| VULCAN MATERIALS CO                                                              | Vulcan Materials Co                                                                       | CUSIP: 929160AZ2<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47480.50     | 0.00%             | 2030-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PUGET ENERGY INC                                                                 | Puget Energy Inc                                                                          | CUSIP: 745310AM4<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93872.00     | 0.00%             | 2028-06-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| REGAL REXNORD CORP                                                               | Regal Rexnord Corp                                                                        | CUSIP: 758750AN3<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207428.00    | 0.00%             | 2030-02-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                             | CUSIP: 571903BF9<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    350000 | PA      | $312809.00    | 0.01%             | 2032-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Huntsman International LLC                                                       | Huntsman International LLC                                                                | CUSIP: 44701QBF8<br>LEI: 3YTEJFW18LGIUQ2N5J61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82528.00     | 0.00%             | 2031-06-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| VERALTO CORP                                                                     | Veralto Corp                                                                              | CUSIP: 92338CAD5<br>LEI: 635400FJE6GSOJUSNY27 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102699.00    | 0.00%             | 2028-09-18      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| KYNDRYL HOLDINGS INC                                                             | Kyndryl Holdings Inc                                                                      | CUSIP: 50155QAL4<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |    150000 | PA      | $133197.00    | 0.00%             | 2031-10-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| ARCELORMITTAL SA                                                                 | ArcelorMittal SA                                                                          | CUSIP: 03938LBF0<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |    150000 | PA      | $162454.50    | 0.00%             | 2032-11-29      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DPF3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    355150 | PA      | $318746.75    | 0.01%             | 2050-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Republic Services Inc                                                            | Republic Services Inc                                                                     | CUSIP: 760759AS9<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146907.00    | 0.00%             | 2027-11-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2016-1 AA PTT                                                         | United Airlines 2016-1 Class AA Pass Through Trust                                        | CUSIP: 90931LAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90638 | PA      | $85840.88     | 0.00%             | 2028-07-07      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWCE1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    273955 | PA      | $244694.55    | 0.00%             | 2051-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46625HRV4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    550000 | PA      | $540204.50    | 0.01%             | 2026-10-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DFQ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    337362 | PA      | $291547.57    | 0.01%             | 2049-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CCE3<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    125000 | PA      | $126233.75    | 0.00%             | 2034-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FCB5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247122.50    | 0.00%             | 2030-02-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QTCM9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    414746 | PA      | $431404.05    | 0.01%             | 2053-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SOLVENTUM CORP                                                                   | Solventum Corp                                                                            | CUSIP: 83444MAQ4<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204832.00    | 0.00%             | 2031-03-13      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Allina Health System                                                             | Allina Health System                                                                      | CUSIP: 01959LAC6<br>LEI: 5493001V00JCD7SQ0G44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74112.00     | 0.00%             | 2049-04-15      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                                                           | GE HealthCare Technologies Inc                                                            | CUSIP: 36266GAA5<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201172.00    | 0.00%             | 2029-08-14      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue            | Regents of the University of California Medical Center Pooled Revenue                     | CUSIP: 913366KD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $45145.35     | 0.00%             | 2120-05-15      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200HF1<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    200000 | PA      | $162198.00    | 0.00%             | 2042-06-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                                      | CUSIP: 49271VAV2<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    350000 | PA      | $353451.00    | 0.01%             | 2034-03-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                            | CUSIP: 594918AR5<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |     75000 | PA      | $60396.00     | 0.00%             | 2042-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CBU8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    200000 | PA      | $169496.00    | 0.00%             | 2052-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J9ZW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    323959 | PA      | $311806.75    | 0.01%             | 2049-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KCM0<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202142.00    | 0.00%             | 2028-02-28      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264AAX3<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    350000 | PA      | $303894.50    | 0.01%             | 2040-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DSTV4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    105277 | PA      | $110172.23    | 0.00%             | 2054-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418ECP3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2655010 | PA      | $2068500.15   | 0.04%             | 2052-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                                        | CUSIP: 907818EY0<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247692.50    | 0.00%             | 2028-09-10      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL                                                           | Mondelez International Inc                                                                | CUSIP: 609207BB0<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $133582.50    | 0.00%             | 2032-03-17      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Martin Marietta Materials Inc                                                    | Martin Marietta Materials Inc                                                             | CUSIP: 573284AU0<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78824.00     | 0.00%             | 2047-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| RALPH LAUREN CORP                                                                | Ralph Lauren Corp                                                                         | CUSIP: 731572AB9<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138361.50    | 0.00%             | 2030-06-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                                                  | Cigna Group/The                                                                           | CUSIP: 125523CB4<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    142000 | PA      | $139496.54    | 0.00%             | 2027-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179M4J6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     23704 | PA      | $23168.26     | 0.00%             | 2028-03-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION                                                         | Sabine Pass Liquefaction LLC                                                              | CUSIP: 785592AV8<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201308.00    | 0.00%             | 2026-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 3622A2ZU9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     89982 | PA      | $84712.88     | 0.00%             | 2046-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EOG RESOURCES INC                                                                | EOG Resources Inc                                                                         | CUSIP: 26875PAU5<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99189.00     | 0.00%             | 2030-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650DM9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    400000 | PA      | $372020.00    | 0.01%             | 2027-08-21      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | Sutter Health                                                                             | CUSIP: 86944BAK9<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75168.00     | 0.00%             | 2033-08-15      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| BLOCK FINANCIAL LLC                                                              | Block Financial LLC                                                                       | CUSIP: 093662AH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $141298.50    | 0.00%             | 2030-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORP                                                            | Northrop Grumman Corp                                                                     | CUSIP: 666807CL4<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147673.50    | 0.00%             | 2034-06-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EV98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    785132 | PA      | $794112.85    | 0.01%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY FLORIDA LLC                                                          | Duke Energy Florida LLC                                                                   | CUSIP: 26444HAN1<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49966.50     | 0.00%             | 2052-11-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                                | CUSIP: 14040HDF9<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205358.00    | 0.00%             | 2035-02-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| International Bank for Reconstruction & Development                              | International Bank for Reconstruction & Development                                       | CUSIP: 45905CAA2<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |     80000 | PA      | $81609.60     | 0.00%             | 2035-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475BU8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    400000 | PA      | $439652.00    | 0.01%             | 2034-10-20      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137BXQY1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    750000 | PA      | $736475.78    | 0.01%             | 2027-03-25      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                              | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KAT7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    250000 | PA      | $245640.00    | 0.00%             | 2027-05-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds                                       | Philippines Government International Bonds                                                | CUSIP: 718286CH8<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    200000 | PA      | $134382.00    | 0.00%             | 2045-05-05      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DW40<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1019389 | PA      | $833022.78    | 0.02%             | 2041-02-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                                        | CUSIP: 29273VAW0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    300000 | PA      | $273906.00    | 0.01%             | 2054-05-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Republic of Poland Government International Bonds                                | Republic of Poland Government International Bonds                                         | CUSIP: 857524AD4<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    200000 | PA      | $206184.00    | 0.00%             | 2027-11-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967EW7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    395000 | PA      | $486166.00    | 0.01%             | 2039-07-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179W2W7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1585034 | PA      | $1417851.08   | 0.03%             | 2052-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                            | CUSIP: 78409VBM5<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |    100000 | PA      | $72810.00     | 0.00%             | 2062-03-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TLS2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    892906 | PA      | $809070.34    | 0.02%             | 2047-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                                                              | Synchrony Financial                                                                       | CUSIP: 87165BAV5<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    125000 | PA      | $126773.75    | 0.00%             | 2030-08-02      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                          | CUSIP: 22822VBG5<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    100000 | PA      | $97661.00     | 0.00%             | 2034-09-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING Groep NV                                                                              | CUSIP: 456837BF9<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $203584.00    | 0.00%             | 2027-09-11      | Fixed         | 6.08%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133USHZ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3348292 | PA      | $2779807.33   | 0.05%             | 2050-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                         | CUSIP: 24703DBQ3<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142242.00    | 0.00%             | 2035-02-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                         | CUSIP: 30040WAT5<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204450.00    | 0.00%             | 2028-03-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214FT5<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    150000 | PA      | $153885.00    | 0.00%             | 2029-04-16      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| UDR INC                                                                          | UDR Inc                                                                                   | CUSIP: 90265EAQ3<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              |  | US        |    150000 | PA      | $141090.00    | 0.00%             | 2030-01-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Energy Transfer Operating LP                                                     | Energy Transfer Operating LP                                                              | CUSIP: 29273RBK4<br>LEI: 5493008K8W3OKZE54J59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99346.00     | 0.00%             | 2027-04-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CES6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7300000 | PA      | $6989464.86   | 0.13%             | 2029-05-31      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| HUNTSMAN INTERNATIONAL L                                                         | Huntsman International LLC                                                                | CUSIP: 44701QBG6<br>LEI: 3YTEJFW18LGIUQ2N5J61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91166.00     | 0.00%             | 2034-10-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Shell International Finance BV                                                   | Shell International Finance BV                                                            | CUSIP: 822582CE0<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $129840.00    | 0.00%             | 2049-11-07      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                            | CUSIP: 78409VAR5<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |    100000 | PA      | $49605.00     | 0.00%             | 2060-08-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DZ54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    294051 | PA      | $239222.65    | 0.00%             | 2041-06-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                               | CUSIP: 302154EC9<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $196438.00    | 0.00%             | 2034-01-11      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GYN8<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    600000 | PA      | $521478.00    | 0.01%             | 2032-10-21      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                               | CUSIP: 931142FB4<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    125000 | PA      | $124735.00    | 0.00%             | 2028-04-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WJL63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     26095 | PA      | $24631.77     | 0.00%             | 2031-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Energy Co                                                     | Berkshire Hathaway Energy Co                                                              | CUSIP: 084659AF8<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |    150000 | PA      | $125617.50    | 0.00%             | 2045-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                                                           | Asian Development Bank                                                                    | CUSIP: 045167AW3<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    250000 | PA      | $263217.50    | 0.00%             | 2028-06-16      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X7VU0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2475110 | PA      | $2055190.77   | 0.04%             | 2050-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MFQ2<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144040.50    | 0.00%             | 2030-07-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140JAP36<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    989431 | PA      | $916182.12    | 0.02%             | 2045-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Burlington Northern Santa Fe LLC                                                 | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $102140.00    | 0.00%             | 2040-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | University of California                                                                  | CUSIP: 91412GC86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $118867.80    | 0.00%             | 2115-05-15      | Fixed         | 4.77%                 | No            |                  2 | On Loan: No      |
| AutoNation Inc                                                                   | AutoNation Inc                                                                            | CUSIP: 05329WAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $73280.25     | 0.00%             | 2027-11-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                          | CUSIP: 22822VAX9<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    250000 | PA      | $174347.50    | 0.00%             | 2041-04-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140FQTG2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     96651 | PA      | $91851.79     | 0.00%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680CD3<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    250000 | PA      | $244207.50    | 0.00%             | 2031-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| STRYKER CORP                                                                     | Stryker Corp                                                                              | CUSIP: 863667AY7<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176436.00    | 0.00%             | 2030-06-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| RELX CAPITAL INC                                                                 | RELX Capital Inc                                                                          | CUSIP: 74949LAE2<br>LEI: 2R15C3RTKJN1RCBOV146 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99345.00     | 0.00%             | 2032-05-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SMURFIT KAPPA TREASURY                                                           | Smurfit Kappa Treasury ULC                                                                | CUSIP: 83272GAD3<br>LEI: 635400B3DOXSWFOWJT40 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $202390.00    | 0.00%             | 2030-01-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| DXC TECHNOLOGY CO                                                                | DXC Technology Co                                                                         | CUSIP: 23355LAL0<br>LEI: 549300DOVZ3EDJB7O259 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144367.50    | 0.00%             | 2026-09-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202DWE7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     91891 | PA      | $92650.64     | 0.00%             | 2033-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KDG2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151660.50    | 0.00%             | 2028-02-04      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MFA7<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    320000 | PA      | $283590.40    | 0.01%             | 2045-12-09      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SB71<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    361928 | PA      | $319830.58    | 0.01%             | 2046-05-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                                    | CUSIP: 62954HAY4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    200000 | PA      | $186852.00    | 0.00%             | 2030-05-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| BOSTON SCIENTIFIC CORP                                                           | Boston Scientific Corp                                                                    | CUSIP: 101137BA4<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137730.00    | 0.00%             | 2030-06-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                             | CUSIP: 744448CP4<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98325.00     | 0.00%             | 2028-06-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                                       | CUSIP: 37940XAG7<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144126.00    | 0.00%             | 2027-01-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                                   | CUSIP: 824348AX4<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |    200000 | PA      | $163950.00    | 0.00%             | 2047-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                            | CUSIP: 10373QBZ2<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153012.00    | 0.00%             | 2029-10-17      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140BL3<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    150000 | PA      | $127467.00    | 0.00%             | 2040-03-25      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DRR5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    573493 | PA      | $522192.32    | 0.01%             | 2035-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DOC DR LLC                                                                       | DOC DR LLC                                                                                | CUSIP: 71951QAC6<br>LEI: 549300P6Q1UMT0X60U20 | Long             | DBT              |  | US        |    100000 | PA      | $86541.00     | 0.00%             | 2031-11-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                                                             | WEC Energy Group Inc                                                                      | CUSIP: 92939UAL0<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151365.00    | 0.00%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC                                                           | Roper Technologies Inc                                                                    | CUSIP: 776696AH9<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98906.00     | 0.00%             | 2032-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                                | CUSIP: 91159HJB7<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    250000 | PA      | $208055.00    | 0.00%             | 2036-11-03      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NEF4<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    275000 | PA      | $249449.75    | 0.00%             | 2053-05-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418ED72<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    886178 | PA      | $787574.16    | 0.01%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UH47<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    135345 | PA      | $126302.91    | 0.00%             | 2048-12-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804GR9<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98428.00     | 0.00%             | 2034-08-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                                                            | Republic Services Inc                                                                     | CUSIP: 760759AZ3<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83104.00     | 0.00%             | 2032-02-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                                                     | Synopsys Inc                                                                              | CUSIP: 871607AD9<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |    275000 | PA      | $275503.25    | 0.01%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XX50<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1944099 | PA      | $1894786.34   | 0.04%             | 2053-04-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162DJ6<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    200000 | PA      | $189378.00    | 0.00%             | 2033-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWJ79<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    447556 | PA      | $466649.89    | 0.01%             | 2053-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Exelon Corp                                                                      | Exelon Corp                                                                               | CUSIP: 30161NAY7<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81549.00     | 0.00%             | 2050-04-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 9128286T2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9050000 | PA      | $8546947.24   | 0.16%             | 2029-05-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                           | CUSIP: 4581X0DX3<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $459015.00    | 0.01%             | 2028-07-20      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Valmont Industries Inc                                                           | Valmont Industries Inc                                                                    | CUSIP: 920253AE1<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65613.75     | 0.00%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| REGAL REXNORD CORP                                                               | Regal Rexnord Corp                                                                        | CUSIP: 758750AP8<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207322.00    | 0.00%             | 2033-04-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Regions Financial Corp                                                           | Regions Financial Corp                                                                    | CUSIP: 7591EPAE0<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |    100000 | PA      | $110196.00    | 0.00%             | 2037-12-10      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                           | CUSIP: 4581X0EB0<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $480540.00    | 0.01%             | 2027-01-13      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Canadian Natural Resources Ltd                                                   | Canadian Natural Resources Ltd                                                            | CUSIP: 136385AL5<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |    180000 | PA      | $181090.80    | 0.00%             | 2038-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BARRICK MINING CORP                                                              | Barrick Mining Corp                                                                       | CUSIP: 725906AN1<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $161832.00    | 0.00%             | 2035-10-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                                                 | LPL Holdings Inc                                                                          | CUSIP: 50212YAH7<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    150000 | PA      | $159381.00    | 0.00%             | 2028-11-17      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816CM9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    250000 | PA      | $240622.50    | 0.00%             | 2026-11-04      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 31339SP82<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     26569 | PA      | $26264.66     | 0.00%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YAR0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    500000 | PA      | $475940.00    | 0.01%             | 2035-05-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 172967NF4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    200000 | PA      | $137846.00    | 0.00%             | 2042-11-03      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS PRIVATE CR                                                         | Goldman Sachs Private Credit Corp                                                         | CUSIP: 38152BAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $100917.00    | 0.00%             | 2030-05-06      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWMX8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2187590 | PA      | $2118963.89   | 0.04%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO                                                              | Consumers Energy Co                                                                       | CUSIP: 210518DZ6<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99400.00     | 0.00%             | 2035-05-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Textron Inc                                                                      | Textron Inc                                                                               | CUSIP: 883203BY6<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96829.00     | 0.00%             | 2028-03-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                                 | CUSIP: 037833DG2<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    200000 | PA      | $154340.00    | 0.00%             | 2047-11-13      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QNDH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2264209 | PA      | $1772985.72   | 0.03%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140BH2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    350000 | PA      | $316746.50    | 0.01%             | 2029-11-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Martin Marietta Materials Inc                                                    | Martin Marietta Materials Inc                                                             | CUSIP: 573284AT3<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48817.00     | 0.00%             | 2027-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 89115A2W1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $151326.00    | 0.00%             | 2027-04-05      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| MANITOBA (PROVINCE OF)                                                           | Province of Manitoba Canada                                                               | CUSIP: 563469VF9<br>LEI: 5493003QILFOB3JRKE30 | Long             | DBT              | NUSS              | CA        |    150000 | PA      | $151753.50    | 0.00%             | 2034-05-31      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Essential Utilities Inc                                                          | Essential Utilities Inc                                                                   | CUSIP: 03836WAC7<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |    100000 | PA      | $75530.00     | 0.00%             | 2049-05-01      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| PPL CAPITAL FUNDING INC                                                          | PPL Capital Funding Inc                                                                   | CUSIP: 69352PAT0<br>LEI: 549300MROK5WY0D2NU17 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148570.50    | 0.00%             | 2034-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31410FUZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     52855 | PA      | $54231.15     | 0.00%             | 2036-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CCZ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10500000 | PA      | $10074668.00  | 0.19%             | 2026-09-30      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KKU72<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    346228 | PA      | $282864.65    | 0.01%             | 2050-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINL HLDGS LTD                                                           | Fairfax Financial Holdings Ltd                                                            | CUSIP: 303901BF8<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $123301.25    | 0.00%             | 2030-04-29      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                             | Las Vegas Sands Corp                                                                      | CUSIP: 517834AE7<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195892.00    | 0.00%             | 2026-08-18      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                             | CUSIP: 45866FBB9<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    175000 | PA      | $170761.50    | 0.00%             | 2028-09-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                                     | CUSIP: 882926AA6<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |    300000 | PA      | $265155.00    | 0.00%             | 2063-05-18      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J8TK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    247065 | PA      | $237674.00    | 0.00%             | 2033-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| America Movil SAB de CV                                                          | America Movil SAB de CV                                                                   | CUSIP: 02364WAJ4<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $214442.00    | 0.00%             | 2035-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Landwirtschaftliche Rentenbank                                                   | Landwirtschaftliche Rentenbank                                                            | CUSIP: 515110BR4<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |    250000 | PA      | $243427.50    | 0.00%             | 2026-07-27      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138LWCJ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    180906 | PA      | $167512.97    | 0.00%             | 2042-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                                        | CUSIP: 907818FB9<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147126.00    | 0.00%             | 2029-03-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31297B3N0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     31722 | PA      | $32919.80     | 0.00%             | 2034-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp/The                                                 | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406RAB3<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147847.50    | 0.00%             | 2028-02-07      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CAP0<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    200000 | PA      | $168600.00    | 0.00%             | 2045-12-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Aon Corp                                                                         | Aon Corp                                                                                  | CUSIP: 037389AK9<br>LEI: LTS3U8DGK38SETRUWX71 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105209.00    | 0.00%             | 2027-01-01      | Fixed         | 8.21%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CMC2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7700000 | PA      | $7860617.23   | 0.15%             | 2031-12-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Target Corp                                                                      | Target Corp                                                                               | CUSIP: 87612EBH8<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145216.50    | 0.00%             | 2029-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                                     | CUSIP: 88579YAW1<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |    100000 | PA      | $66893.00     | 0.00%             | 2046-09-19      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                                                     | QUALCOMM Inc                                                                              | CUSIP: 747525BN2<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    117000 | PA      | $107936.01    | 0.00%             | 2028-05-20      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                                 | CUSIP: 674599DJ1<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140298.00    | 0.00%             | 2040-03-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF GAS CO                                                            | Southern California Gas Co                                                                | CUSIP: 842434DB5<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98657.00     | 0.00%             | 2034-09-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| STRYKER CORP                                                                     | Stryker Corp                                                                              | CUSIP: 863667BK6<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151410.00    | 0.00%             | 2028-02-10      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                                                                      | Phillips 66 Co                                                                            | CUSIP: 718547AK8<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93965.00     | 0.00%             | 2029-12-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PDU3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    225000 | PA      | $157743.00    | 0.00%             | 2049-08-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC / Charter Communications Operating Capital  | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175BU7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $263247.00    | 0.00%             | 2031-04-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| ENTERGY ARKANSAS LLC                                                             | Entergy Arkansas LLC                                                                      | CUSIP: 29366MAG3<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72409.50     | 0.00%             | 2054-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                                         | Western Midstream Operating LP                                                            | CUSIP: 958667AF4<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103926.00    | 0.00%             | 2029-01-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LAG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $92398.00     | 0.00%             | 2041-09-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| UNIV SOUTHERN CALIFORNIA                                                         | University of Southern California                                                         | CUSIP: 914886AD8<br>LEI: 0GMCSQ6M60R4T46U5511 | Long             | DBT              | CORP              | US        |    100000 | PA      | $54997.00     | 0.00%             | 2120-10-01      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| Archer-Daniels-Midland Co                                                        | Archer-Daniels-Midland Co                                                                 | CUSIP: 039483AU6<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102158.00    | 0.00%             | 2035-09-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                                                            | Entergy Louisiana LLC                                                                     | CUSIP: 29364WAV0<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65001.00     | 0.00%             | 2045-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214CX9<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    200000 | PA      | $197344.00    | 0.00%             | 2026-05-13      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DTQQ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3247536 | PA      | $3306877.46   | 0.06%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                                                    | Allstate Corp/The                                                                         | CUSIP: 020002BL4<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102161.00    | 0.00%             | 2029-06-24      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162DA5<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    200000 | PA      | $141172.00    | 0.00%             | 2041-08-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PEX6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    325000 | PA      | $277491.50    | 0.01%             | 2063-04-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BK/NY                                                         | National Australia Bank Ltd/New York                                                      | CUSIP: 63253QAB0<br>LEI: 549300E2IPL06NDXMZ63 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $254660.00    | 0.00%             | 2028-01-12      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                                        | Amgen Inc                                                                                 | CUSIP: 031162CF5<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    625000 | PA      | $518868.75    | 0.01%             | 2051-06-15      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NCE9<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    400000 | PA      | $297200.00    | 0.01%             | 2049-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132HP2J2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     34427 | PA      | $31025.92     | 0.00%             | 2042-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                                                | Cisco Systems Inc                                                                         | CUSIP: 17275RBZ4<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201514.00    | 0.00%             | 2035-02-24      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| BLUE OWL TECHNOLOGY FINA                                                         | Blue Owl Technology Finance Corp                                                          | CUSIP: 095924AA4<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99278.00     | 0.00%             | 2028-03-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CRE                                                           | Blackstone Private Credit Fund                                                            | CUSIP: 09261HBN6<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101043.00    | 0.00%             | 2029-07-16      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844CM8<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89430.00     | 0.00%             | 2032-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                                            | Micron Technology Inc                                                                     | CUSIP: 595112BZ5<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153607.50    | 0.00%             | 2033-02-09      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                                | CUSIP: 91159HJL5<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    350000 | PA      | $339829.00    | 0.01%             | 2034-02-01      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT LIGHT & PWR                                                          | Connecticut Light and Power Co/The                                                        | CUSIP: 207597EP6<br>LEI: 549300O45IUXEDS1VZ32 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137581.50    | 0.00%             | 2053-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD                                                               | Athene Holding Ltd                                                                        | CUSIP: 04686JAB7<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105047.00    | 0.00%             | 2030-04-03      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJWU0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    102100 | PA      | $89921.73     | 0.00%             | 2045-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DRW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3826994 | PA      | $3007466.02   | 0.06%             | 2050-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GATX CORP                                                                        | GATX Corp                                                                                 | CUSIP: 361448BN2<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |    100000 | PA      | $109272.00    | 0.00%             | 2034-05-01      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| THE CAMPBELLS COMPANY                                                            | The Campbell's Company                                                                    | CUSIP: 134429BH1<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85361.00     | 0.00%             | 2048-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| UBS AG LONDON                                                                    | UBS AG/London                                                                             | CUSIP: 902674ZW3<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |    250000 | PA      | $259155.00    | 0.00%             | 2028-09-11      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PEW8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    375000 | PA      | $322421.25    | 0.01%             | 2053-04-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| General Dynamics Corp                                                            | General Dynamics Corp                                                                     | CUSIP: 369550AT5<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |    150000 | PA      | $117537.00    | 0.00%             | 2042-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Broadridge Financial Solutions Inc                                               | Broadridge Financial Solutions Inc                                                        | CUSIP: 11133TAE3<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176338.00    | 0.00%             | 2031-05-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738EAV7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $177232.00    | 0.00%             | 2047-01-10      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| JACKSON FINANCIAL INC                                                            | Jackson Financial Inc                                                                     | CUSIP: 46817MAS6<br>LEI: 213800WXW2KG1N4CO374 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100170.00    | 0.00%             | 2032-06-08      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                           | Extra Space Storage LP                                                                    | CUSIP: 30225VAM9<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |    150000 | PA      | $147462.00    | 0.00%             | 2027-12-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BALTIMORE GAS & ELECTRIC                                                         | Baltimore Gas and Electric Co                                                             | CUSIP: 059165EH9<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |    150000 | PA      | $107128.50    | 0.00%             | 2046-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                               | CUSIP: 68389XAH8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    250000 | PA      | $256805.00    | 0.00%             | 2039-07-08      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XCE8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    150000 | PA      | $155817.00    | 0.00%             | 2028-11-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV7K5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5635353 | PA      | $4425516.88   | 0.08%             | 2050-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Providence St Joseph Health Obligated Group                                      | Providence St Joseph Health Obligated Group                                               | CUSIP: 743756AE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $73258.00     | 0.00%             | 2048-10-01      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| LEIDOS INC                                                                       | Leidos Inc                                                                                | CUSIP: 52532XAK1<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75674.25     | 0.00%             | 2032-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                                                                    | DTE Energy Co                                                                             | CUSIP: 233331BL0<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154540.50    | 0.00%             | 2034-06-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810SU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13800000 | PA      | $7555500.00   | 0.14%             | 2051-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680CG6<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89682.00     | 0.00%             | 2064-11-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                                    | Boeing Co/The                                                                             | CUSIP: 097023CR4<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $99420.00     | 0.00%             | 2059-08-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                                                              | Gilead Sciences Inc                                                                       | CUSIP: 375558BX0<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140370.00    | 0.00%             | 2027-10-01      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| NSTAR Electric Co                                                                | NSTAR Electric Co                                                                         | CUSIP: 67021CAF4<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148792.50    | 0.00%             | 2040-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 3622A2EG3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    266588 | PA      | $269053.38    | 0.01%             | 2041-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JAPAN INT'L COOP AGENCY                                                          | Japan International Cooperation Agency                                                    | CUSIP: 47109LAD6<br>LEI: 254900XEIG78M2AJB031 | Long             | DBT              | NUSS              | JP        |    380000 | PA      | $322715.00    | 0.01%             | 2030-07-22      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                                                             | Targa Resources Corp                                                                      | CUSIP: 87612GAB7<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    200000 | PA      | $160230.00    | 0.00%             | 2052-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 912828ZS2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5800000 | PA      | $5424019.52   | 0.10%             | 2027-05-31      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                                | CUSIP: 717081ED1<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $159870.00    | 0.00%             | 2046-12-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DBH4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     20486 | PA      | $19617.07     | 0.00%             | 2049-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| RAYONIER LP                                                                      | Rayonier LP                                                                               | CUSIP: 75508XAA4<br>LEI: 5493004X96PV3VY6KB95 | Long             | DBT              |  | US        |     75000 | PA      | $65525.25     | 0.00%             | 2031-05-17      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Ascension Health                                                                 | Ascension Health                                                                          | CUSIP: 04352EAA3<br>LEI: 549300IMOY6ECI21DH68 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138447.00    | 0.00%             | 2029-11-15      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | State of California                                                                       | CUSIP: 13063D3S5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98488.60     | 0.00%             | 2038-03-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6JG6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    590490 | PA      | $591007.02    | 0.01%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLUMBIA UNIVERSITY                                                              | Trustees of Columbia University in the City of New York/The                               | CUSIP: 198643AD0<br>LEI: 54930058W39DHS3GTG15 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71271.00     | 0.00%             | 2035-10-01      | Fixed         | 4.36%                 | No            |                  2 | On Loan: No      |
| Federal Realty Investment Trust                                                  | Federal Realty OP LP                                                                      | CUSIP: 313747AY3<br>LEI: 549300LI6XZ51GOCJ427 | Long             | DBT              |  | US        |    100000 | PA      | $97053.00     | 0.00%             | 2027-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D55N8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    640806 | PA      | $596096.98    | 0.01%             | 2035-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ALLEGHANY CORP                                                                   | Alleghany Corp                                                                            | CUSIP: 017175AF7<br>LEI: 549300DCJE6AYX159479 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65455.00     | 0.00%             | 2051-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XBA7<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    150000 | PA      | $138549.00    | 0.00%             | 2030-01-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group Inc                                               | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822AV6<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $247345.00    | 0.00%             | 2028-03-02      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                                         | Devon Energy Corp                                                                         | CUSIP: 25179MAU7<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |    175000 | PA      | $141711.50    | 0.00%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENTERGY CORP                                                                     | Entergy Corp                                                                              | CUSIP: 29364GAK9<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |     50000 | PA      | $34676.00     | 0.00%             | 2050-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816EH8<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255130.00    | 0.00%             | 2036-04-25      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| Panama Government International Bonds                                            | Panama Government International Bonds                                                     | CUSIP: 698299BH6<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    400000 | PA      | $256096.00    | 0.00%             | 2050-04-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Eastman Chemical Co                                                              | Eastman Chemical Co                                                                       | CUSIP: 277432AP5<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | DBT              | CORP              | US        |    200000 | PA      | $164748.00    | 0.00%             | 2044-10-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FAN1<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    156000 | PA      | $154050.00    | 0.00%             | 2026-09-15      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| Indonesia Government International Bonds                                         | Indonesia Government International Bonds                                                  | CUSIP: 455780CQ7<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    400000 | PA      | $370928.00    | 0.01%             | 2030-02-14      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UCB6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    338253 | PA      | $315654.37    | 0.01%             | 2048-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                         | Warnermedia Holdings Inc                                                                  | CUSIP: 55903VBE2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $843219.00    | 0.02%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                           | CUSIP: 126650CD0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87723.00     | 0.00%             | 2043-12-05      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Assurant Inc                                                                     | Assurant Inc                                                                              | CUSIP: 04621XAJ7<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100184.00    | 0.00%             | 2028-03-27      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EQJU7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     45611 | PA      | $44549.46     | 0.00%             | 2032-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Valero Energy Corp                                                               | Valero Energy Corp                                                                        | CUSIP: 91913YAV2<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149266.50    | 0.00%             | 2028-06-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| ERP Operating LP                                                                 | ERP Operating LP                                                                          | CUSIP: 26884ABH5<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |    100000 | PA      | $75840.00     | 0.00%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OEKB OEST. KONTROLLBANK                                                          | Oesterreichische Kontrollbank AG                                                          | CUSIP: 676167CL1<br>LEI: 5299000OVRLMF858L016 | Long             | DBT              | CORP              | AT        |    300000 | PA      | $301386.00    | 0.01%             | 2029-01-18      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Reynolds American Inc                                                            | Reynolds American Inc                                                                     | CUSIP: 761713BB1<br>LEI: 02S2RPPVO9RP4NEU2740 | Long             | DBT              | CORP              | US        |    425000 | PA      | $400715.50    | 0.01%             | 2045-08-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                                                 | Ryder System Inc                                                                          | CUSIP: 78355HKT5<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96950.00     | 0.00%             | 2027-03-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Exxon Mobil Corp                                                                 | Exxon Mobil Corp                                                                          | CUSIP: 30231GBE1<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    200000 | PA      | $187106.00    | 0.00%             | 2029-08-16      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31410KVW1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     25335 | PA      | $25979.27     | 0.00%             | 2037-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122EG9<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    225000 | PA      | $230397.75    | 0.00%             | 2031-02-22      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Southern Copper Corp                                                             | Southern Copper Corp                                                                      | CUSIP: 84265VAE5<br>LEI: 2549007U6NAP46Q9TU15 | Long             | DBT              | CORP              | US        |    200000 | PA      | $212710.00    | 0.00%             | 2040-04-16      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| EASTERN ENERGY GAS                                                               | Eastern Energy Gas Holdings LLC                                                           | CUSIP: 27636AAB8<br>LEI: 549300BFOD6TDMVV4O24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102200.00    | 0.00%             | 2035-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | CommonSpirit Health                                                                       | CUSIP: 20268JAK9<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103189.00    | 0.00%             | 2027-11-01      | Fixed         | 6.07%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076CW0<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153376.50    | 0.00%             | 2029-04-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                                  | CUSIP: 74432QCA1<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    150000 | PA      | $128737.50    | 0.00%             | 2044-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                                                             | Kraft Heinz Foods Co                                                                      | CUSIP: 50077LAB2<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    300000 | PA      | $237186.00    | 0.00%             | 2046-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FMC CORP                                                                         | FMC Corp                                                                                  | CUSIP: 302491AX3<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24100.50     | 0.00%             | 2033-05-18      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179RQZ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    731957 | PA      | $647340.14    | 0.01%             | 2045-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                                                                | TSMC Arizona Corp                                                                         | CUSIP: 872898AA9<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |    250000 | PA      | $240780.00    | 0.00%             | 2026-10-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Federal Realty Investment Trust                                                  | Federal Realty OP LP                                                                      | CUSIP: 313747AZ0<br>LEI: 549300LI6XZ51GOCJ427 | Long             | DBT              |  | US        |     75000 | PA      | $70641.75     | 0.00%             | 2029-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128P8FG1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     52812 | PA      | $49287.07     | 0.00%             | 2037-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179MG53<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    407302 | PA      | $373699.85    | 0.01%             | 2042-07-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LEIDOS INC                                                                       | Leidos Inc                                                                                | CUSIP: 52532XAL9<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99876.00     | 0.00%             | 2035-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CADENCE DESIGN SYS INC                                                           | Cadence Design Systems Inc                                                                | CUSIP: 127387AN8<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198636.00    | 0.00%             | 2029-09-10      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 88339WAA4<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $99651.00     | 0.00%             | 2051-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                                    | CUSIP: 202795JD3<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87503.00     | 0.00%             | 2044-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON & CO                                                            | Becton Dickinson & Co                                                                     | CUSIP: 075887CR8<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100695.00    | 0.00%             | 2029-02-08      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORPORATION                                                             | M&T Bank Corp                                                                             | CUSIP: 55261FAS3<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |    200000 | PA      | $215978.00    | 0.00%             | 2029-10-30      | Fixed         | 7.41%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                            | CUSIP: 78409VBQ6<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153928.50    | 0.00%             | 2033-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | Edison International                                                                      | CUSIP: 281020AY3<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98582.00     | 0.00%             | 2028-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJNK2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     41912 | PA      | $42195.93     | 0.00%             | 2040-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                          | HCA Inc                                                                                   | CUSIP: 404121AH8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200922.00    | 0.00%             | 2026-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XBL4<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     50000 | PA      | $50074.50     | 0.00%             | 2029-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities Inc                                              | Alexandria Real Estate Equities Inc                                                       | CUSIP: 015271AG4<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     50000 | PA      | $49279.00     | 0.00%             | 2029-07-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CAY1<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    100000 | PA      | $72994.00     | 0.00%             | 2047-08-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DVB5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1704132 | PA      | $1261734.57   | 0.02%             | 2050-12-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VN30<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    940059 | PA      | $823020.45    | 0.02%             | 2050-06-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                                | General Motors Co                                                                         | CUSIP: 37045VAK6<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    200000 | PA      | $206600.00    | 0.00%             | 2036-04-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| TR FIN LLC                                                                       | TR FIN LLC                                                                                | CUSIP: 87268LAD9<br>LEI: 254900OWSTRTOV8P5W25 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70539.00     | 0.00%             | 2043-11-23      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | Lloyds Banking Group PLC                                                                  | CUSIP: 539439AY5<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $202830.00    | 0.00%             | 2027-08-07      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| PEACEHEALTH OBLIGATED GR                                                         | PeaceHealth Obligated Group                                                               | CUSIP: 70462GAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $61020.75     | 0.00%             | 2048-11-15      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| Owens Corning                                                                    | Owens Corning                                                                             | CUSIP: 690742AF8<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73917.00     | 0.00%             | 2026-08-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ERSC5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    323676 | PA      | $311143.19    | 0.01%             | 2043-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418NZK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     39520 | PA      | $39734.52     | 0.00%             | 2040-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COSTCO WHOLESALE CORP                                                            | Costco Wholesale Corp                                                                     | CUSIP: 22160KAP0<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88390.00     | 0.00%             | 2030-04-20      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VBE9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    180424 | PA      | $152316.53    | 0.00%             | 2049-12-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ONEOK Inc                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680AU7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149527.50    | 0.00%             | 2028-07-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Ecolab Inc                                                                       | Ecolab Inc                                                                                | CUSIP: 278865AM2<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74760.75     | 0.00%             | 2041-12-08      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CAX3<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194884.00    | 0.00%             | 2027-08-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF GAS CO                                                            | Southern California Gas Co                                                                | CUSIP: 842434DA7<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94153.00     | 0.00%             | 2054-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135CA2<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    675000 | PA      | $495895.50    | 0.01%             | 2041-05-12      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities Inc                                              | Alexandria Real Estate Equities Inc                                                       | CUSIP: 015271AK5<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |    100000 | PA      | $98602.00     | 0.00%             | 2028-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Council Of Europe Development Bank                                               | Council Of Europe Development Bank                                                        | CUSIP: 222213AY6<br>LEI: 549300UYNXMI821WYG82 | Long             | DBT              | NUSS              | XX        |    400000 | PA      | $384040.00    | 0.01%             | 2026-09-22      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Inter-American Development Bank                                                  | Inter-American Development Bank                                                           | CUSIP: 4581X0CU0<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    524000 | PA      | $513147.96    | 0.01%             | 2026-06-02      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YMN1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     86788 | PA      | $89463.91     | 0.00%             | 2053-12-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                                                 | LPL Holdings Inc                                                                          | CUSIP: 50212YAQ7<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74568.00     | 0.00%             | 2035-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Kaiser Foundation Hospitals                                                      | Kaiser Foundation Hospitals                                                               | CUSIP: 48305QAD5<br>LEI: DW4Z57L3G4IRMHYZYK62 | Long             | DBT              | CORP              | US        |    250000 | PA      | $200107.50    | 0.00%             | 2047-05-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280BK4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $395408.00    | 0.01%             | 2028-03-13      | Fixed         | 4.04%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                                  | CUSIP: 298785KH8<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $508420.00    | 0.01%             | 2035-02-12      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M9YG1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    287225 | PA      | $273242.13    | 0.01%             | 2044-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DVLZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2166870 | PA      | $1880011.71   | 0.04%             | 2051-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                             | CUSIP: 097023CU7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301887.00    | 0.01%             | 2027-05-01      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GC36<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    400000 | PA      | $405972.00    | 0.01%             | 2031-01-28      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CKY6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13000000 | PA      | $13066015.69  | 0.25%             | 2026-06-30      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Martin Marietta Materials Inc                                                    | Martin Marietta Materials Inc                                                             | CUSIP: 573284AW6<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |    200000 | PA      | $174186.00    | 0.00%             | 2031-07-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO                                                              | Consumers Energy Co                                                                       | CUSIP: 210518DS2<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201998.00    | 0.00%             | 2028-03-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DVKM6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    321974 | PA      | $301795.03    | 0.01%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                                   | CUSIP: 828807DQ7<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    100000 | PA      | $85213.00     | 0.00%             | 2032-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CFU0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8500000 | PA      | $8547812.50   | 0.16%             | 2027-10-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752BB8<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150634.50    | 0.00%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                                            | Micron Technology Inc                                                                     | CUSIP: 595112CH4<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203992.00    | 0.00%             | 2035-11-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179MKM1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     28429 | PA      | $27988.91     | 0.00%             | 2027-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UMM1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     69912 | PA      | $67331.73     | 0.00%             | 2049-02-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400HV8<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87600.00     | 0.00%             | 2053-03-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D2V3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    632124 | PA      | $535239.62    | 0.01%             | 2041-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                                  | CUSIP: 126408HF3<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $75755.00     | 0.00%             | 2046-11-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752AX1<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149073.00    | 0.00%             | 2052-10-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MAV2<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $244020.00    | 0.00%             | 2027-10-18      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| JONES LANG LASALLE INC                                                           | Jones Lang LaSalle Inc                                                                    | CUSIP: 48020QAB3<br>LEI: 6SYKCME112RT8TQUO411 | Long             | DBT              | CORP              | US        |    100000 | PA      | $106718.00    | 0.00%             | 2028-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VBJ1<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $175036.00    | 0.00%             | 2046-05-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWJT1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1374698 | PA      | $1412277.72   | 0.03%             | 2053-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas LLC                                                        | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CAY0<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138933.00    | 0.00%             | 2029-08-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Mercury General Corp                                                             | Mercury General Corp                                                                      | CUSIP: 589400AB6<br>LEI: 5493001Q9EXPCEL4W527 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98700.00     | 0.00%             | 2027-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XBM1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    100000 | PA      | $88605.00     | 0.00%             | 2031-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833EP1<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    325000 | PA      | $303504.50    | 0.01%             | 2032-08-08      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust 2015-MS1                                          | Morgan Stanley Capital I Trust 2015-MS1                                                   | CUSIP: 61765DAU2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     29002 | PA      | $28882.83     | 0.00%             | 2048-05-15      | Variable      | 3.78%                 | No            |                  2 | On Loan: No      |
| INTUIT INC                                                                       | Intuit Inc                                                                                | CUSIP: 46124HAD8<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87374.00     | 0.00%             | 2030-07-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| FEDERAL FARM CREDIT BANK                                                         | Federal Farm Credit Banks Funding Corp                                                    | CUSIP: 3133EP5U5<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |   1000000 | PA      | $1004670.00   | 0.02%             | 2029-03-20      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138YWJZ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    165299 | PA      | $155443.68    | 0.00%             | 2045-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING Groep NV                                                                              | CUSIP: 456837BS1<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $199788.00    | 0.00%             | 2036-03-25      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31307BYY0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      3317 | PA      | $3246.52      | 0.00%             | 2028-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Eastman Chemical Co                                                              | Eastman Chemical Co                                                                       | CUSIP: 277432AW0<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149431.50    | 0.00%             | 2028-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 969457BB5<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     75000 | PA      | $84606.75     | 0.00%             | 2031-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DLS9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    543340 | PA      | $449554.96    | 0.01%             | 2050-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661EL7<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199638.00    | 0.00%             | 2033-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delta Air Lines Inc                                                              | Delta Air Lines Inc                                                                       | CUSIP: 247361ZN1<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74196.75     | 0.00%             | 2028-04-19      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236THG3<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93535.00     | 0.00%             | 2027-08-13      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EQZV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    309240 | PA      | $286139.37    | 0.01%             | 2043-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BIOGEN INC                                                                       | Biogen Inc                                                                                | CUSIP: 09062XAG8<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |    300000 | PA      | $182961.00    | 0.00%             | 2050-05-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                                                   | Mastercard Inc                                                                            | CUSIP: 57636QAK0<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79135.00     | 0.00%             | 2048-02-26      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CORNING INC                                                                      | Corning Inc                                                                               | CUSIP: 219350BQ7<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |    190000 | PA      | $164885.80    | 0.00%             | 2079-11-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175CJ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $138289.50    | 0.00%             | 2033-04-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YDW6<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    550000 | PA      | $522065.50    | 0.01%             | 2054-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Allstate Corp/The                                                                | Allstate Corp/The                                                                         | CUSIP: 020002BA8<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |    125000 | PA      | $105565.00    | 0.00%             | 2043-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137FMU67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    794626 | PA      | $783264.68    | 0.01%             | 2026-05-25      | Fixed         | 2.86%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BK/NY                                                         | National Australia Bank Ltd/New York                                                      | CUSIP: 63253QAJ3<br>LEI: 549300E2IPL06NDXMZ63 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $254122.50    | 0.00%             | 2027-06-11      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418AGQ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    234336 | PA      | $225710.15    | 0.00%             | 2032-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                         | CUSIP: 639057AK4<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $206344.00    | 0.00%             | 2029-09-13      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YRK2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    232967 | PA      | $238383.37    | 0.00%             | 2054-02-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc                                                                     | Alphabet Inc                                                                              | CUSIP: 02079KAC1<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    400000 | PA      | $390088.00    | 0.01%             | 2026-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                                | CUSIP: 254709AM0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148828.50    | 0.00%             | 2027-02-09      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWGJ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1447011 | PA      | $1467338.54   | 0.03%             | 2053-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                           | CUSIP: 126650CN8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    500000 | PA      | $429165.00    | 0.01%             | 2045-07-20      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122DU9<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    350000 | PA      | $313117.00    | 0.01%             | 2032-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QLM52<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2474113 | PA      | $2039070.61   | 0.04%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650EF3<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    175000 | PA      | $165578.00    | 0.00%             | 2054-06-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816DK2<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101296.00    | 0.00%             | 2034-07-28      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| NNN REIT INC                                                                     | NNN REIT Inc                                                                              | CUSIP: 637417AN6<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              |  | US        |    100000 | PA      | $89922.00     | 0.00%             | 2030-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | CommonSpirit Health                                                                       | CUSIP: 20268JAS2<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |    125000 | PA      | $122967.50    | 0.00%             | 2034-12-01      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DVLQ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    292168 | PA      | $243253.61    | 0.00%             | 2051-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810UF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7650000 | PA      | $7351769.57   | 0.14%             | 2044-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CKF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8000000 | PA      | $8026562.48   | 0.15%             | 2031-03-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | Edison International                                                                      | CUSIP: 281020BB2<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142156.50    | 0.00%             | 2032-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                              | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KBR0<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    400000 | PA      | $356032.00    | 0.01%             | 2030-06-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BUNGE LTD FINANCE CORP                                                           | Bunge Ltd Finance Corp                                                                    | CUSIP: 120568BD1<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74471.25     | 0.00%             | 2028-01-07      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Principal Financial Group Inc                                                    | Principal Financial Group Inc                                                             | CUSIP: 74251VAS1<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |    150000 | PA      | $132153.00    | 0.00%             | 2030-06-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308HH3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79947.00     | 0.00%             | 2044-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91087BBA7<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    500000 | PA      | $442020.00    | 0.01%             | 2054-05-07      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                                                                | Brown & Brown Inc                                                                         | CUSIP: 115236AF8<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82898.00     | 0.00%             | 2052-03-17      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BLUE OWL CREDIT INCOME                                                           | Blue Owl Credit Income Corp                                                               | CUSIP: 69120VBB6<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |    125000 | PA      | $132345.00    | 0.00%             | 2028-06-13      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| EQUIFAX INC                                                                      | Equifax Inc                                                                               | CUSIP: 294429AV7<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151554.00    | 0.00%             | 2027-12-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| LAM RESEARCH CORP                                                                | Lam Research Corp                                                                         | CUSIP: 512807AW8<br>LEI: 549300I4GMO6D34U1T02 | Long             | DBT              | CORP              | US        |    100000 | PA      | $62921.00     | 0.00%             | 2050-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas LLC                                                        | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CAT1<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    150000 | PA      | $109411.50    | 0.00%             | 2047-12-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| GLAXOSMITHKLINE CAP INC                                                          | GlaxoSmithKline Capital Inc                                                               | CUSIP: 377372AN7<br>LEI: 5493007Q8VD7Q3ZYZS59 | Long             | DBT              | CORP              | US        |    400000 | PA      | $396716.00    | 0.01%             | 2028-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                                        | CUSIP: 756109BF0<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    100000 | PA      | $100232.00    | 0.00%             | 2026-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FOX CORP                                                                         | Fox Corp                                                                                  | CUSIP: 35137LAH8<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |    400000 | PA      | $401080.00    | 0.01%             | 2029-01-25      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                                                                    | DTE Energy Co                                                                             | CUSIP: 233331BM8<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201678.00    | 0.00%             | 2027-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| APOLLO DEBT SOLUTIONS BD                                                         | Apollo Debt Solutions BDC                                                                 | CUSIP: 03770DAE3<br>LEI: 549300UMUGX092P8DW87 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101112.00    | 0.00%             | 2032-03-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X4UE4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    403795 | PA      | $389466.57    | 0.01%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AES CORP/THE                                                                     | AES Corp/The                                                                              | CUSIP: 00130HCG8<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |    200000 | PA      | $171128.00    | 0.00%             | 2031-01-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2017-C40                                            | CUSIP: 95000YAY1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1020000 | PA      | $993556.87    | 0.02%             | 2050-10-15      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DKL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     62326 | PA      | $60127.57     | 0.00%             | 2035-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COTERRA ENERGY INC                                                               | Coterra Energy Inc                                                                        | CUSIP: 127097AK9<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98509.00     | 0.00%             | 2029-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                                                          | Jefferies Financial Group Inc                                                             | CUSIP: 472319AC6<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101913.00    | 0.00%             | 2036-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                                                         | Benchmark 2020-B16 Mortgage Trust                                                         | CUSIP: 08161NAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $909778.36    | 0.02%             | 2053-02-15      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QCRJ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    166455 | PA      | $157470.67    | 0.00%             | 2046-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CNH INDUSTRIAL CAP LLC                                                           | CNH Industrial Capital LLC                                                                | CUSIP: 12592BAQ7<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99764.00     | 0.00%             | 2028-04-10      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| VERISK ANALYTICS INC                                                             | Verisk Analytics Inc                                                                      | CUSIP: 92345YAG1<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |    100000 | PA      | $69623.00     | 0.00%             | 2050-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397B77<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    230000 | PA      | $222444.50    | 0.00%             | 2026-08-10      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                                   | CUSIP: 06418GAN7<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $148450.50    | 0.00%             | 2032-11-10      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| Martin Marietta Materials Inc                                                    | Martin Marietta Materials Inc                                                             | CUSIP: 573284AV8<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91070.00     | 0.00%             | 2030-03-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138X5S40<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     18071 | PA      | $17724.02     | 0.00%             | 2028-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804GP3<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98203.00     | 0.00%             | 2034-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                             | CUSIP: 501044DX6<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    275000 | PA      | $254971.75    | 0.00%             | 2064-09-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YFG5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    475000 | PA      | $479498.25    | 0.01%             | 2034-07-21      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| PNC Bank NA                                                                      | PNC Bank NA                                                                               | CUSIP: 69349LAR9<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246465.00    | 0.00%             | 2028-07-26      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TJQ9<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84706.00     | 0.00%             | 2031-09-12      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| HORACE MANN EDUCATORS CO                                                         | Horace Mann Educators Corp                                                                | CUSIP: 440327AL8<br>LEI: 254900G5YAV3A2YK8T32 | Long             | DBT              | CORP              | US        |    100000 | PA      | $106899.00    | 0.00%             | 2028-09-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                                                                     | NiSource Inc                                                                              | CUSIP: 65473QBD4<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95305.00     | 0.00%             | 2045-02-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111FY4<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    150000 | PA      | $113688.00    | 0.00%             | 2050-04-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EXN4<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152307.00    | 0.00%             | 2031-03-07      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| GLP Capital LP / GLP Financing II Inc                                            | GLP Capital LP / GLP Financing II Inc                                                     | CUSIP: 361841AL3<br>LEI: N/A                  | Long             | DBT              |  | US        |    100000 | PA      | $100396.00    | 0.00%             | 2029-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WCPC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     23756 | PA      | $23196.46     | 0.00%             | 2029-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138A2R43<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8241 | PA      | $7921.50      | 0.00%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bank                                                                             | BANK 2017-BNK8                                                                            | CUSIP: 06650AAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1190000 | PA      | $1140289.69   | 0.02%             | 2050-11-15      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| MYMICHIGAN HEALTH                                                                | MyMichigan Health                                                                         | CUSIP: 597861AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $50767.50     | 0.00%             | 2050-06-01      | Fixed         | 3.41%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SEH6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1072512 | PA      | $972074.87    | 0.02%             | 2046-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | Municipal Electric Authority of Georgia                                                   | CUSIP: 626207YM0<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    138000 | PA      | $144136.31    | 0.00%             | 2057-04-01      | Fixed         | 6.66%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YBF5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300003.00    | 0.01%             | 2028-11-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 3620ARYF2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     21769 | PA      | $19986.74     | 0.00%             | 2041-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200KA8<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    500000 | PA      | $482645.00    | 0.01%             | 2029-05-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ENHB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    534476 | PA      | $494999.10    | 0.01%             | 2044-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140CB4<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    300000 | PA      | $239460.00    | 0.00%             | 2052-08-05      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DYB2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9162273 | PA      | $7173527.84   | 0.13%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                              | COMM 2015-CCRE24 Mortgage Trust                                                           | CUSIP: 12593JBF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    793341 | PA      | $791441.90    | 0.01%             | 2048-08-10      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| GE CAPITAL INTL FUNDING                                                          | GE Capital International Funding Co Unlimited Co                                          | CUSIP: 36164QNA2<br>LEI: 549300G6UZOB126GBY72 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $189912.00    | 0.00%             | 2035-11-15      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| UNUM GROUP                                                                       | Unum Group                                                                                | CUSIP: 91529YAP1<br>LEI: 549300E32YFDO6TZ8R31 | Long             | DBT              | CORP              | US        |    125000 | PA      | $96540.00     | 0.00%             | 2049-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Kaiser Foundation Hospitals                                                      | Kaiser Foundation Hospitals                                                               | CUSIP: 48305QAG8<br>LEI: DW4Z57L3G4IRMHYZYK62 | Long             | DBT              | CORP              | US        |    250000 | PA      | $157470.00    | 0.00%             | 2051-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV6M2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    187722 | PA      | $173825.28    | 0.00%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE REG FINANCE                                                           | Blackstone Reg Finance Co LLC                                                             | CUSIP: 092914AA8<br>LEI: 254900S2G1V55FTA4590 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146500.50    | 0.00%             | 2034-12-06      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GATX CORP                                                                        | GATX Corp                                                                                 | CUSIP: 361448BR3<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73094.25     | 0.00%             | 2054-06-05      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810RC4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4042900 | PA      | $3413091.98   | 0.06%             | 2043-08-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816DR7<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103255.00    | 0.00%             | 2035-04-25      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| Camden Property Trust                                                            | Camden Property Trust                                                                     | CUSIP: 133131AW2<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              |  | US        |    100000 | PA      | $99068.00     | 0.00%             | 2028-10-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON INGALLS INDUS                                                         | Huntington Ingalls Industries Inc                                                         | CUSIP: 446413BA3<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101661.00    | 0.00%             | 2030-01-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418E7B0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2419366 | PA      | $2446279.40   | 0.05%             | 2054-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CLOROX COMPANY                                                                   | Clorox Co/The                                                                             | CUSIP: 189054AW9<br>LEI: 54930044KVSC06Z79I06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99036.00     | 0.00%             | 2028-05-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| National Retail Properties Inc                                                   | NNN REIT Inc                                                                              | CUSIP: 637417AL0<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              |  | US        |    100000 | PA      | $98880.00     | 0.00%             | 2028-10-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| TELUS Corp                                                                       | TELUS Corp                                                                                | CUSIP: 87971MBK8<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $112755.00    | 0.00%             | 2049-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                                                                  | AstraZeneca PLC                                                                           | CUSIP: 046353AD0<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |    530000 | PA      | $585443.30    | 0.01%             | 2037-09-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT                                                         | Apollo Global Management Inc                                                              | CUSIP: 03769MAA4<br>LEI: 254900LMFT1CY9IYB476 | Long             | DBT              | CORP              | US        |    100000 | PA      | $107489.00    | 0.00%             | 2033-11-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| LYB INT FINANCE III                                                              | LYB International Finance III LLC                                                         | CUSIP: 50249AAM5<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146442.00    | 0.00%             | 2034-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457CQ9<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199724.00    | 0.00%             | 2029-08-14      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| VISA INC                                                                         | Visa Inc                                                                                  | CUSIP: 92826CAK8<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    150000 | PA      | $111471.00    | 0.00%             | 2040-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp                                                      | American Honda Finance Corp                                                               | CUSIP: 02665WDJ7<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48323.00     | 0.00%             | 2027-01-08      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| FMC CORP                                                                         | FMC Corp                                                                                  | CUSIP: 302491AW5<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100633.00    | 0.00%             | 2026-05-18      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Motorola Solutions Inc                                                           | Motorola Solutions Inc                                                                    | CUSIP: 620076BN8<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149839.50    | 0.00%             | 2029-05-23      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DPCT3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    447070 | PA      | $436498.54    | 0.01%             | 2052-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VMWARE LLC                                                                       | VMware LLC                                                                                | CUSIP: 928563AL9<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |    250000 | PA      | $213597.50    | 0.00%             | 2031-08-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                                                            | PACCAR Financial Corp                                                                     | CUSIP: 69371RS98<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100030.00    | 0.00%             | 2034-03-22      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CUMMINS INC                                                                      | Cummins Inc                                                                               | CUSIP: 231021AV8<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102084.00    | 0.00%             | 2029-02-20      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp/The                                                          | Charles Schwab Corp/The                                                                   | CUSIP: 808513AZ8<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74341.50     | 0.00%             | 2029-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FBL4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    600000 | PA      | $527496.00    | 0.01%             | 2034-04-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                           | Extra Space Storage LP                                                                    | CUSIP: 30225VAS6<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |    100000 | PA      | $99449.00     | 0.00%             | 2034-02-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661ER4<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71424.75     | 0.00%             | 2053-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                                                            | Republic Services Inc                                                                     | CUSIP: 760759BA7<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84035.00     | 0.00%             | 2033-03-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 75513ECN9<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    200000 | PA      | $171014.00    | 0.00%             | 2032-03-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417BUK1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     17705 | PA      | $17275.29     | 0.00%             | 2032-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DKQ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    302467 | PA      | $250516.96    | 0.00%             | 2050-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135BM7<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    400000 | PA      | $320480.00    | 0.01%             | 2057-08-22      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                                                              | Dow Chemical Co/The                                                                       | CUSIP: 260543DH3<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156604.50    | 0.00%             | 2053-05-15      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EWN5<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102164.00    | 0.00%             | 2029-10-11      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| HP INC                                                                           | HP Inc                                                                                    | CUSIP: 40434LAF2<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193514.00    | 0.00%             | 2026-06-17      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| HERSHEY COMPANY                                                                  | Hershey Co/The                                                                            | CUSIP: 427866BB3<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $66179.00     | 0.00%             | 2049-11-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| NORTHERN TRUST CORP                                                              | Northern Trust Corp                                                                       | CUSIP: 665859AW4<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99683.00     | 0.00%             | 2027-05-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172DA4<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    375000 | PA      | $383193.75    | 0.01%             | 2030-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                                | CUSIP: 683234ET1<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    600000 | PA      | $613158.00    | 0.01%             | 2030-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CJE5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    115288 | PA      | $107694.37    | 0.00%             | 2047-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mid-America Apartments LP                                                        | Mid-America Apartments LP                                                                 | CUSIP: 59523UAS6<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              |  | US        |    100000 | PA      | $84901.00     | 0.00%             | 2031-02-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                                   | CUSIP: 3133XGAY0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    330000 | PA      | $354783.00    | 0.01%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp                          | Texas Private Activity Bond Surface Transportation Corp.                                  | CUSIP: 882667AZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $114556.80    | 0.00%             | 2049-12-31      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 94974BGL8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    480000 | PA      | $477897.60    | 0.01%             | 2027-07-22      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475BS3<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155512.50    | 0.00%             | 2034-08-18      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477BG7<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91993.00     | 0.00%             | 2030-01-24      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CCA1<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99268.00     | 0.00%             | 2053-09-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| NBCUniversal Media LLC                                                           | NBCUniversal Media LLC                                                                    | CUSIP: 63946BAG5<br>LEI: VTBDOQJ6KOGQ6K786R46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101021.00    | 0.00%             | 2041-04-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| APPALACHIAN POWER CO                                                             | Appalachian Power Co                                                                      | CUSIP: 037735DB0<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101018.00    | 0.00%             | 2034-04-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YMJ0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1124469 | PA      | $1095946.25   | 0.02%             | 2053-12-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp/The                                                 | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406RAH0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    350000 | PA      | $347998.00    | 0.01%             | 2028-04-28      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF GAS CO                                                            | Southern California Gas Co                                                                | CUSIP: 842434CU4<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91100.00     | 0.00%             | 2030-02-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477CP6<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200364.00    | 0.00%             | 2027-10-22      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets PLC                                                           | BP Capital Markets PLC                                                                    | CUSIP: 05565QDH8<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $146682.00    | 0.00%             | 2028-11-28      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| GLP Capital LP / GLP Financing II Inc                                            | GLP Capital LP / GLP Financing II Inc                                                     | CUSIP: 361841AP4<br>LEI: N/A                  | Long             | DBT              |  | US        |    100000 | PA      | $94570.00     | 0.00%             | 2030-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMEREN CORP                                                                      | Ameren Corp                                                                               | CUSIP: 023608AL6<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143731.50    | 0.00%             | 2027-03-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                                                | Cisco Systems Inc                                                                         | CUSIP: 17275RBV3<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |    200000 | PA      | $187796.00    | 0.00%             | 2064-02-26      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                          | CUSIP: 22822VAU5<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    200000 | PA      | $126370.00    | 0.00%             | 2051-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                                         | Western Midstream Operating LP                                                            | CUSIP: 958667AG2<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144141.00    | 0.00%             | 2034-11-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| CME Group Inc                                                                    | CME Group Inc                                                                             | CUSIP: 12572QAJ4<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98888.00     | 0.00%             | 2028-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179T7K5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    334177 | PA      | $311850.64    | 0.01%             | 2048-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179RNW5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    216045 | PA      | $196335.88    | 0.00%             | 2045-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CLY5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13000000 | PA      | $13046464.86  | 0.25%             | 2026-11-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                                | CUSIP: 31428XCT1<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |    125000 | PA      | $102025.00    | 0.00%             | 2045-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                               | CUSIP: 797440BU7<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147271.50    | 0.00%             | 2026-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748BC5<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82636.00     | 0.00%             | 2047-01-30      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457CG1<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $177952.00    | 0.00%             | 2053-02-27      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Southern California Edison Co                                                    | Southern California Edison Co                                                             | CUSIP: 842400FZ1<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    150000 | PA      | $119128.50    | 0.00%             | 2043-10-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                         | CUSIP: 24703DBH3<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $99295.50     | 0.00%             | 2051-12-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844CR7<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102344.00    | 0.00%             | 2030-08-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457CP1<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100229.00    | 0.00%             | 2027-08-14      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| PECO ENERGY CO                                                                   | PECO Energy Co                                                                            | CUSIP: 693304BF3<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150052.50    | 0.00%             | 2033-06-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EJF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1975152 | PA      | $1921474.57   | 0.04%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179Y2M5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    950027 | PA      | $961578.81    | 0.02%             | 2054-07-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp                                                    | Sales Tax Securitization Corp.                                                            | CUSIP: 79467BBN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $114882.45    | 0.00%             | 2048-01-01      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| American Airlines 2016-2 Class AA Pass Through Trust                             | American Airlines 2016-2 Class AA Pass Through Trust                                      | CUSIP: 023765AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    122752 | PA      | $116192.61    | 0.00%             | 2028-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Northwell Healthcare Inc                                                         | Northwell Healthcare Inc                                                                  | CUSIP: 667274AC8<br>LEI: 54930073NUTKK4QD3P47 | Long             | DBT              | CORP              | US        |    150000 | PA      | $115176.00    | 0.00%             | 2047-11-01      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111FG3<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    150000 | PA      | $125287.50    | 0.00%             | 2045-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                                        | CUSIP: 756109CE2<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     75000 | PA      | $65182.50     | 0.00%             | 2032-02-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XAVV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8626573 | PA      | $6831149.61   | 0.13%             | 2051-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U3P6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    600000 | PA      | $609384.00    | 0.01%             | 2031-01-24      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400JJ3<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150742.50    | 0.00%             | 2030-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                                  | CUSIP: 126408GW7<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    150000 | PA      | $133885.50    | 0.00%             | 2042-05-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119CR8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $187880.00    | 0.00%             | 2053-06-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                                            | Entergy Louisiana LLC                                                                     | CUSIP: 29364WBH0<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84920.00     | 0.00%             | 2032-06-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| General Mills Inc                                                                | General Mills Inc                                                                         | CUSIP: 370334CJ1<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |     75000 | PA      | $62906.25     | 0.00%             | 2048-04-17      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| TWDC Enterprises 18 Corp                                                         | TWDC Enterprises 18 Corp                                                                  | CUSIP: 25468PCR5<br>LEI: 7260JQNI6SCF9FIV2392 | Long             | DBT              | CORP              | US        |    150000 | PA      | $124774.50    | 0.00%             | 2041-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XED4<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $206654.00    | 0.00%             | 2033-01-09      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687DV5<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    100000 | PA      | $111632.00    | 0.00%             | 2033-03-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31294NQ44<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     32192 | PA      | $31584.37     | 0.00%             | 2027-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ARCH CAPITAL GRP US INC                                                          | Arch Capital Group US Inc                                                                 | CUSIP: 03938JAA7<br>LEI: 549300B4QKQFLY1XST28 | Long             | DBT              | CORP              | US        |     85000 | PA      | $76769.45     | 0.00%             | 2043-11-01      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X7UA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1177823 | PA      | $1107597.68   | 0.02%             | 2047-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                               | CUSIP: 797440BX1<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74566.00     | 0.00%             | 2049-06-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                                | CUSIP: 871829BJ5<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    100000 | PA      | $64863.00     | 0.00%             | 2050-02-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| INOVA HEALTH SYSTEMS FOU                                                         | Inova Health System Foundation                                                            | CUSIP: 45791GAA0<br>LEI: 5493001L7PBVS286Y307 | Long             | DBT              | CORP              | US        |     75000 | PA      | $57567.75     | 0.00%             | 2052-05-15      | Fixed         | 4.07%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179W7L6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    478788 | PA      | $428250.30    | 0.01%             | 2052-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                               | CUSIP: 302154DN6<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    250000 | PA      | $211840.00    | 0.00%             | 2032-01-18      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWAD5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    510573 | PA      | $378066.33    | 0.01%             | 2050-11-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PDV1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $101439.00    | 0.00%             | 2059-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SIXTH STREET SPECIALTY                                                           | Sixth Street Specialty Lending Inc                                                        | CUSIP: 83012AAA7<br>LEI: 549300TX61566GJWCN05 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96958.00     | 0.00%             | 2026-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc                                                                     | Enbridge Inc                                                                              | CUSIP: 29250NAL9<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $149356.50    | 0.00%             | 2026-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ENTERGY MISSISSIPPI LLC                                                          | Entergy Mississippi LLC                                                                   | CUSIP: 29366WAD8<br>LEI: 54930043I78H35DVVW89 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49356.00     | 0.00%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                                            | Entergy Louisiana LLC                                                                     | CUSIP: 29364WBL1<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83882.00     | 0.00%             | 2052-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132J9LB2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     12369 | PA      | $11774.34     | 0.00%             | 2043-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                       | Intel Corp                                                                                | CUSIP: 458140AP5<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77372.00     | 0.00%             | 2042-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111FW8<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    100000 | PA      | $67036.00     | 0.00%             | 2059-11-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                                                 | FirstEnergy Corp                                                                          | CUSIP: 337932AP2<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65799.75     | 0.00%             | 2030-09-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PEP3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203860.00    | 0.00%             | 2028-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                             | CUSIP: 744448BZ3<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105575.00    | 0.00%             | 2037-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NVR INC                                                                          | NVR Inc                                                                                   | CUSIP: 62944TAF2<br>LEI: 529900RWXR4JI3JYTV70 | Long             | DBT              | CORP              | US        |    200000 | PA      | $184532.00    | 0.00%             | 2030-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308JF5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $188750.00    | 0.00%             | 2027-08-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJZS2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     33795 | PA      | $31611.21     | 0.00%             | 2047-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Uruguay Government International Bonds                                           | Uruguay Government International Bonds                                                    | CUSIP: 760942BB7<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    300000 | PA      | $300012.00    | 0.01%             | 2027-10-27      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| STERIS PLC                                                                       | STERIS Irish FinCo UnLtd Co                                                               | CUSIP: 85917PAA5<br>LEI: 549300BRDKZ1HFI2J358 | Long             | DBT              | CORP              | IE        |    150000 | PA      | $133045.50    | 0.00%             | 2031-03-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| TransCanada PipeLines Ltd                                                        | TransCanada PipeLines Ltd                                                                 | CUSIP: 89352HBA6<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $193814.00    | 0.00%             | 2030-04-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport                                                   | CUSIP: 23503CAP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $78952.70     | 0.00%             | 2051-11-01      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJKX7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     54841 | PA      | $56321.62     | 0.00%             | 2038-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                                       | CUSIP: 65535HAX7<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $174020.00    | 0.00%             | 2031-07-14      | Fixed         | 2.61%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV5E1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    113365 | PA      | $101776.27    | 0.00%             | 2050-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335ALY2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    160405 | PA      | $164773.45    | 0.00%             | 2041-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Barrick PD Australia Finance Pty Ltd                                             | Barrick PD Australia Finance Pty Ltd                                                      | CUSIP: 06849UAD7<br>LEI: 5493008DX0TK7OFLV260 | Long             | DBT              | CORP              | AU        |    150000 | PA      | $151624.50    | 0.00%             | 2039-10-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                                                            | Alibaba Group Holding Ltd                                                                 | CUSIP: 01609WBK7<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    250000 | PA      | $250085.00    | 0.00%             | 2035-05-26      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                                 | Altria Group Inc                                                                          | CUSIP: 02209SBN2<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    250000 | PA      | $168972.50    | 0.00%             | 2051-02-04      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                                                             | Boston Properties LP                                                                      | CUSIP: 10112RBG8<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |    150000 | PA      | $156540.00    | 0.00%             | 2027-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TMF9<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153274.50    | 0.00%             | 2029-05-16      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WFS80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     64969 | PA      | $61094.99     | 0.00%             | 2045-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                                                            | Huntington Bancshares Inc/OH                                                              | CUSIP: 446150AX2<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    250000 | PA      | $207285.00    | 0.00%             | 2036-08-15      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CJR3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9700000 | PA      | $9654152.37   | 0.18%             | 2028-12-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                               | CUSIP: 931142ER0<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192502.00    | 0.00%             | 2026-09-17      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| CARDINAL HEALTH INC                                                              | Cardinal Health Inc                                                                       | CUSIP: 14149YBR8<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |    125000 | PA      | $126501.25    | 0.00%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp                                                    | Sales Tax Securitization Corp.                                                            | CUSIP: 79467BAR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $12355.17     | 0.00%             | 2043-01-01      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc                                                  | Philip Morris International Inc                                                           | CUSIP: 718172BL2<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    200000 | PA      | $165512.00    | 0.00%             | 2044-11-10      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WJXB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     65253 | PA      | $60925.42     | 0.00%             | 2037-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWAF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4210783 | PA      | $3305640.96   | 0.06%             | 2050-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DBF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     52556 | PA      | $47183.43     | 0.00%             | 2049-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DSB68<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2318486 | PA      | $2002143.94   | 0.04%             | 2053-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                                                           | Brookfield Finance Inc                                                                    | CUSIP: 11271LAK8<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $211672.00    | 0.00%             | 2034-01-05      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                                    | CUSIP: 045167GJ6<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    900000 | PA      | $910620.00    | 0.02%             | 2028-01-14      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DMVD4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2107863 | PA      | $1765655.51   | 0.03%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                                              | PayPal Holdings Inc                                                                       | CUSIP: 70450YAH6<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |    200000 | PA      | $180130.00    | 0.00%             | 2030-06-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DQYK6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2297498 | PA      | $2285527.74   | 0.04%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                         | CUSIP: 24703DBN0<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175444.50    | 0.00%             | 2034-04-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| EOG RESOURCES INC                                                                | EOG Resources Inc                                                                         | CUSIP: 26875PAT8<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | DBT              | CORP              | US        |    150000 | PA      | $129898.50    | 0.00%             | 2050-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                                | L3Harris Technologies Inc                                                                 | CUSIP: 502431AR0<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95384.00     | 0.00%             | 2053-07-31      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GA95<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    500000 | PA      | $515560.00    | 0.01%             | 2035-04-25      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange Inc                                                    | Intercontinental Exchange Inc                                                             | CUSIP: 45866FAP9<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    250000 | PA      | $178112.50    | 0.00%             | 2040-09-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | Dominion Energy Inc                                                                       | CUSIP: 25746UDU0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    150000 | PA      | $158428.50    | 0.00%             | 2054-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J5NB1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    115878 | PA      | $112374.94    | 0.00%             | 2047-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PacifiCorp                                                                                | CUSIP: 695114DE5<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    300000 | PA      | $281481.00    | 0.01%             | 2055-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| TRIMBLE INC                                                                      | Trimble Inc                                                                               | CUSIP: 896239AE0<br>LEI: 549300E2MI7NSZFQWS19 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156772.50    | 0.00%             | 2033-03-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D54D1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    141095 | PA      | $131621.49    | 0.00%             | 2034-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SQV2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1100996 | PA      | $973620.61    | 0.02%             | 2046-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HP INC                                                                           | HP Inc                                                                                    | CUSIP: 40434LAL9<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140367.00    | 0.00%             | 2032-04-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                                              | PayPal Holdings Inc                                                                       | CUSIP: 70450YAT0<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98690.00     | 0.00%             | 2035-04-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135CK0<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    275000 | PA      | $210540.00    | 0.00%             | 2062-04-13      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                                                           | Brookfield Finance Inc                                                                    | CUSIP: 11271LAJ1<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $66995.00     | 0.00%             | 2052-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135BZ8<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    525000 | PA      | $462603.75    | 0.01%             | 2031-05-12      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36180AAJ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    123426 | PA      | $126866.20    | 0.00%             | 2054-09-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                                                         | CSX Corp                                                                                  | CUSIP: 126408HW6<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152340.00    | 0.00%             | 2033-11-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                                        | CUSIP: 756109CD4<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    150000 | PA      | $137940.00    | 0.00%             | 2031-02-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2024-1 A PTT                                                          | United Airlines 2024-1 Class A Pass Through Trust                                         | CUSIP: 90932WAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     74347 | PA      | $72727.28     | 0.00%             | 2038-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                                | Johnson & Johnson                                                                         | CUSIP: 478160DL5<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252420.00    | 0.00%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TCZ6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     92961 | PA      | $90097.20     | 0.00%             | 2047-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DANAHER CORP                                                                     | Danaher Corp                                                                              | CUSIP: 235851AW2<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | DBT              | CORP              | US        |    200000 | PA      | $121174.00    | 0.00%             | 2051-12-10      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| AvalonBay Communities Inc                                                        | AvalonBay Communities Inc                                                                 | CUSIP: 05348EBF5<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |    150000 | PA      | $143448.00    | 0.00%             | 2029-06-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EXM6<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101074.00    | 0.00%             | 2027-03-05      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U3N1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    500000 | PA      | $490990.00    | 0.01%             | 2035-12-03      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| TAPESTRY INC                                                                     | Tapestry Inc                                                                              | CUSIP: 000000000<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150109.50    | 0.00%             | 2030-03-11      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140CG3<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    400000 | PA      | $396056.00    | 0.01%             | 2033-02-10      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| LXP INDUSTRIAL TRUST                                                             | LXP Industrial Trust                                                                      | CUSIP: 529043AE1<br>LEI: 549300S4MH2ICXDBFV43 | Long             | DBT              |  | US        |    150000 | PA      | $132202.50    | 0.00%             | 2030-09-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CDK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11098000 | PA      | $10659282.19  | 0.20%             | 2026-11-30      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KCU2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198964.00    | 0.00%             | 2034-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HOAG MEMORIAL HOSPITAL                                                           | Hoag Memorial Hospital Presbyterian                                                       | CUSIP: 43371HAA1<br>LEI: FZFVQHQN7LISVXIZDB30 | Long             | DBT              | CORP              | US        |     75000 | PA      | $55277.25     | 0.00%             | 2052-07-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                                    | CUSIP: 045167GD9<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    600000 | PA      | $608796.00    | 0.01%             | 2029-03-06      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| JABIL INC                                                                        | Jabil Inc                                                                                 | CUSIP: 466313AJ2<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94236.00     | 0.00%             | 2030-01-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                                     | NiSource Inc                                                                              | CUSIP: 65473PAH8<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93692.00     | 0.00%             | 2029-09-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                           | CUSIP: 4581X0EP9<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    400000 | PA      | $399224.00    | 0.01%             | 2034-07-17      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                                       | CUSIP: 459058JZ7<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |   1000000 | PA      | $914310.00    | 0.02%             | 2028-09-13      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404121AK1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198448.00    | 0.00%             | 2034-09-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137FKUP9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    100000 | PA      | $98527.18     | 0.00%             | 2028-12-25      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp                                                        | Occidental Petroleum Corp                                                                 | CUSIP: 674599DD4<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    200000 | PA      | $215718.00    | 0.00%             | 2031-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137H9C98<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    700000 | PA      | $662295.54    | 0.01%             | 2032-09-25      | Variable      | 3.71%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308KK2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148767.00    | 0.00%             | 2053-04-01      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661EB9<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     50000 | PA      | $33218.50     | 0.00%             | 2051-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ACA1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    300000 | PA      | $282018.00    | 0.01%             | 2028-02-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Uruguay Government International Bonds                                           | Uruguay Government International Bonds                                                    | CUSIP: 760942BD3<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    400000 | PA      | $345128.00    | 0.01%             | 2055-04-20      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                            | CUSIP: 00914AAW2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100685.00    | 0.00%             | 2026-06-25      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DQB1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    247109 | PA      | $221684.08    | 0.00%             | 2050-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COREWELL HEALTH OBL GRP                                                          | Corewell Health Obligated Group                                                           | CUSIP: 84765EAA6<br>LEI: 5493002M6WR7Y63L2862 | Long             | DBT              | CORP              | US        |     50000 | PA      | $35086.00     | 0.00%             | 2049-07-15      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev Worldwide Inc                                               | Anheuser-Busch InBev Worldwide Inc                                                        | CUSIP: 035240AV2<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    300000 | PA      | $287502.00    | 0.01%             | 2030-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Lear Corp                                                                        | Lear Corp                                                                                 | CUSIP: 521865AY1<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48949.50     | 0.00%             | 2027-09-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| MASCO CORP                                                                       | Masco Corp                                                                                | CUSIP: 574599BS4<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92147.00     | 0.00%             | 2028-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV4H5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    581339 | PA      | $502391.64    | 0.01%             | 2049-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                                        | CUSIP: 05971KAL3<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $175160.00    | 0.00%             | 2032-11-22      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                                                   | Starbucks Corp                                                                            | CUSIP: 855244BA6<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    200000 | PA      | $134946.00    | 0.00%             | 2050-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 969457CN8<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142420.50    | 0.00%             | 2054-11-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                                                     | Synopsys Inc                                                                              | CUSIP: 871607AE7<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |    400000 | PA      | $396320.00    | 0.01%             | 2035-04-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                                         | Corebridge Financial Inc                                                                  | CUSIP: 21871XAH2<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    300000 | PA      | $276342.00    | 0.01%             | 2032-04-05      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| MOLSON COORS BEVERAGE                                                            | Molson Coors Beverage Co                                                                  | CUSIP: 60871RAG5<br>LEI: 54930073LBBH6ZCBE225 | Long             | DBT              | CORP              | US        |    350000 | PA      | $344183.00    | 0.01%             | 2026-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                           | CUSIP: 842587DE4<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    250000 | PA      | $239530.00    | 0.00%             | 2030-04-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| TWDC Enterprises 18 Corp                                                         | TWDC Enterprises 18 Corp                                                                  | CUSIP: 25468PDB9<br>LEI: 7260JQNI6SCF9FIV2392 | Long             | DBT              | CORP              | US        |    250000 | PA      | $203665.00    | 0.00%             | 2044-06-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CCR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11500000 | PA      | $10526542.94  | 0.20%             | 2028-07-31      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| THOMAS JEFFERSON UNIV                                                            | Thomas Jefferson University                                                               | CUSIP: 88444NAS7<br>LEI: DB1TWPCZX5RK7VR27A68 | Long             | DBT              | CORP              | US        |     75000 | PA      | $50427.75     | 0.00%             | 2057-11-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YES0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    350000 | PA      | $343231.00    | 0.01%             | 2037-04-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3129304R8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     38220 | PA      | $37828.02     | 0.00%             | 2039-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust 2017-C3                                            | UBS Commercial Mortgage Trust 2017-C3                                                     | CUSIP: 90276GAS1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $192922.28    | 0.00%             | 2050-08-15      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                           | CUSIP: 500769KE3<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |   1000000 | PA      | $1006560.00   | 0.02%             | 2027-03-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                            | CUSIP: 78409VBJ2<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |    250000 | PA      | $235595.00    | 0.00%             | 2029-03-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev Worldwide Inc                                               | Anheuser-Busch InBev Worldwide Inc                                                        | CUSIP: 035240AG5<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    300000 | PA      | $278505.00    | 0.01%             | 2042-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| COUSINS PROPERTIES LP                                                            | Cousins Properties LP                                                                     | CUSIP: 222793AA9<br>LEI: 254900ZQIHJ5FQH4C329 | Long             | DBT              |  | US        |    100000 | PA      | $101033.00    | 0.00%             | 2034-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                               | CUSIP: 68389XBX2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    875000 | PA      | $594431.25    | 0.01%             | 2050-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp/The                                                          | Charles Schwab Corp/The                                                                   | CUSIP: 808513AU9<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97391.00     | 0.00%             | 2028-01-25      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                                       | CUSIP: 459058LU5<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    900000 | PA      | $888003.00    | 0.02%             | 2032-05-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brookfield Finance Inc                                                           | Brookfield Finance Inc                                                                    | CUSIP: 11271LAC6<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $196556.00    | 0.00%             | 2028-01-25      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Oncor Electric Delivery Co LLC                                                   | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JBV5<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $70881.00     | 0.00%             | 2050-05-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EN4L0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     19918 | PA      | $19284.21     | 0.00%             | 2030-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                                | Johnson & Johnson                                                                         | CUSIP: 478160DJ0<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203500.00    | 0.00%             | 2030-03-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Canadian Pacific Railway Co                                                      | Canadian Pacific Railway Co                                                               | CUSIP: 13645RAU8<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $87468.00     | 0.00%             | 2045-08-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KRPW8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    169879 | PA      | $169275.82    | 0.00%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TMY8<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100563.00    | 0.00%             | 2027-01-08      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC / Charter Communications Operating Capital  | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175BN3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    475000 | PA      | $416983.50    | 0.01%             | 2048-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                                                          | National Bank of Canada                                                                   | CUSIP: 63307A3D5<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $251117.50    | 0.00%             | 2028-02-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc                                                        | Rogers Communications Inc                                                                 | CUSIP: 775109BF7<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $146241.00    | 0.00%             | 2026-11-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                                      | CUSIP: 49271VAF7<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251047.50    | 0.00%             | 2028-05-25      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                                                             | Kraft Heinz Foods Co                                                                      | CUSIP: 50077LAT3<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75234.00     | 0.00%             | 2029-01-30      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Constellation Brands Inc                                                         | Constellation Brands Inc                                                                  | CUSIP: 21036PAY4<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146659.50    | 0.00%             | 2028-02-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWB44<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    245086 | PA      | $181314.15    | 0.00%             | 2051-08-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                                   | Merck & Co Inc                                                                            | CUSIP: 58933YAJ4<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    200000 | PA      | $166788.00    | 0.00%             | 2043-05-18      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp                                                      | American Honda Finance Corp                                                               | CUSIP: 02665WCE9<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97381.00     | 0.00%             | 2028-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179R7J2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    348919 | PA      | $316244.29    | 0.01%             | 2046-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                                         | Corebridge Financial Inc                                                                  | CUSIP: 21871XAM1<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    250000 | PA      | $194420.00    | 0.00%             | 2052-04-05      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWCB7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4666901 | PA      | $3641510.00   | 0.07%             | 2051-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738ECK9<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $209940.00    | 0.00%             | 2029-09-13      | Fixed         | 6.49%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                                        | CUSIP: 86765BAK5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96495.00     | 0.00%             | 2042-02-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U3W1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    400000 | PA      | $405060.00    | 0.01%             | 2031-04-23      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Valero Energy Corp                                                               | Valero Energy Corp                                                                        | CUSIP: 91913YAW0<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48814.50     | 0.00%             | 2029-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                            | CUSIP: 10373QBQ2<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    300000 | PA      | $186732.00    | 0.00%             | 2061-02-08      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PFD9<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $179878.00    | 0.00%             | 2064-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216CT5<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193392.00    | 0.00%             | 2030-03-25      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| MOSAIC CO                                                                        | Mosaic Co/The                                                                             | CUSIP: 61945CAG8<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98748.00     | 0.00%             | 2027-11-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                                               | Banco Santander SA                                                                        | CUSIP: 05964HAB1<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $198400.00    | 0.00%             | 2027-04-11      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                                                          | Southern Co Gas Capital Corp                                                              | CUSIP: 001192AH6<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149479.50    | 0.00%             | 2041-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DQQ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    233159 | PA      | $218654.22    | 0.00%             | 2040-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SEMPRA                                                                           | Sempra                                                                                    | CUSIP: 816851BJ7<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    150000 | PA      | $108384.00    | 0.00%             | 2048-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Marathon Petroleum Corp                                                          | Marathon Petroleum Corp                                                                   | CUSIP: 56585AAJ1<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78417.00     | 0.00%             | 2054-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CW26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     49254 | PA      | $47860.02     | 0.00%             | 2033-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                         | Santander UK Group Holdings PLC                                                           | CUSIP: 80281LAG0<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $243215.00    | 0.00%             | 2028-11-03      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| Juniper Networks Inc                                                             | Juniper Networks Inc                                                                      | CUSIP: 48203RAD6<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97358.00     | 0.00%             | 2041-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081FD4<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72630.00     | 0.00%             | 2041-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92344GAM8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    102000 | PA      | $116815.50    | 0.00%             | 2030-12-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| LYB INT FINANCE III                                                              | LYB International Finance III LLC                                                         | CUSIP: 50249AAA1<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |    200000 | PA      | $143398.00    | 0.00%             | 2049-10-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                             | CUSIP: 501044DV0<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    400000 | PA      | $389952.00    | 0.01%             | 2034-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                                                         | Plains All American Pipeline LP / PAA Finance Corp                                        | CUSIP: 72650RBP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $148885.50    | 0.00%             | 2034-09-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                             | CUSIP: 501044CK5<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |     50000 | PA      | $55104.00     | 0.00%             | 2038-04-15      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687EZ5<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     75000 | PA      | $92049.75     | 0.00%             | 2045-12-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DZG0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    499867 | PA      | $406816.85    | 0.01%             | 2041-05-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ELK51<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     55358 | PA      | $53394.15     | 0.00%             | 2042-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC                                                                       | Nasdaq Inc                                                                                | CUSIP: 631103AM0<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $72229.00     | 0.00%             | 2052-03-07      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TSG1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    611214 | PA      | $553826.69    | 0.01%             | 2048-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XEB8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205050.00    | 0.00%             | 2028-01-09      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Arch Capital Finance LLC                                                         | Arch Capital Finance LLC                                                                  | CUSIP: 03939CAA1<br>LEI: 549300XG4URFY0200M65 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99183.00     | 0.00%             | 2026-12-15      | Fixed         | 4.01%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CKH6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    123988 | PA      | $115821.16    | 0.00%             | 2047-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                                                | Travelers Cos Inc/The                                                                     | CUSIP: 89417EAM1<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |    200000 | PA      | $156286.00    | 0.00%             | 2047-05-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                          | CUSIP: 22822VBB6<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    200000 | PA      | $200018.00    | 0.00%             | 2028-09-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CCG8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    175000 | PA      | $177527.00    | 0.00%             | 2054-09-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| REGENCY CENTERS LP                                                               | Regency Centers LP                                                                        | CUSIP: 75884RBA0<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              |  | US        |    100000 | PA      | $95849.00     | 0.00%             | 2030-06-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                                                | Cisco Systems Inc                                                                         | CUSIP: 17275RBU5<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |    350000 | PA      | $331649.50    | 0.01%             | 2054-02-26      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VFS4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     83286 | PA      | $80212.24     | 0.00%             | 2050-02-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VGP3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    150000 | PA      | $109027.50    | 0.00%             | 2052-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fiserv Inc                                                                       | Fiserv Inc                                                                                | CUSIP: 337738AR9<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148446.00    | 0.00%             | 2028-10-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Arizona Public Service Co                                                        | Arizona Public Service Co                                                                 | CUSIP: 040555CY8<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    100000 | PA      | $75535.00     | 0.00%             | 2049-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680BZ5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $118818.00    | 0.00%             | 2049-02-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91087BAQ3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    400000 | PA      | $296820.00    | 0.01%             | 2041-08-14      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179W5D6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1587955 | PA      | $1420341.85   | 0.03%             | 2052-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140Q8DA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    165805 | PA      | $150543.10    | 0.00%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140BJ8<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    400000 | PA      | $244728.00    | 0.00%             | 2049-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| OGLETHORPE POWER CORP                                                            | Oglethorpe Power Corp                                                                     | CUSIP: 677050AU0<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74332.50     | 0.00%             | 2053-12-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816CW7<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149119.50    | 0.00%             | 2029-05-03      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| BLUE OWL CREDIT INCOME                                                           | Blue Owl Credit Income Corp                                                               | CUSIP: 69120VAP6<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104224.00    | 0.00%             | 2027-09-16      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122EH7<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    500000 | PA      | $504000.00    | 0.01%             | 2034-02-22      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6A91<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    660967 | PA      | $597952.44    | 0.01%             | 2036-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS                                                           | Zimmer Biomet Holdings Inc                                                                | CUSIP: 98956PBB7<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101560.00    | 0.00%             | 2030-02-19      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | New York City Municipal Water Finance Authority                                           | CUSIP: 64972FL20<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    250000 | PA      | $252479.00    | 0.00%             | 2042-06-15      | Fixed         | 6.01%                 | No            |                  2 | On Loan: No      |
| PFIZER INC                                                                       | Pfizer Inc                                                                                | CUSIP: 717081FA6<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $120398.00    | 0.00%             | 2050-05-28      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| ADVENTIST HEALTH SYS/W                                                           | Adventist Health System/West                                                              | CUSIP: 007944AH4<br>LEI: 5493008YM33UCY5QPW83 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74870.25     | 0.00%             | 2032-03-01      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| HERSHEY COMPANY                                                                  | Hershey Co/The                                                                            | CUSIP: 427866BH0<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150792.00    | 0.00%             | 2028-05-04      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TENNESSEE GAS PIPELINE                                                           | Tennessee Gas Pipeline Co LLC                                                             | CUSIP: 880451AU3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $85431.75     | 0.00%             | 2037-04-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| GLAXOSMITHKLINE CAP INC                                                          | GlaxoSmithKline Capital Inc                                                               | CUSIP: 377372AJ6<br>LEI: 5493007Q8VD7Q3ZYZS59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83834.00     | 0.00%             | 2043-03-18      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                           | Canadian Imperial Bank of Commerce                                                        | CUSIP: 13607PH98<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $251422.50    | 0.00%             | 2029-03-30      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| Mylan Inc                                                                        | Mylan Inc                                                                                 | CUSIP: 628530BK2<br>LEI: 30ZMPDNA1RHIBH89C294 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146689.50    | 0.00%             | 2028-04-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc                                                                     | QUALCOMM Inc                                                                              | CUSIP: 747525AV5<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    300000 | PA      | $245652.00    | 0.00%             | 2047-05-20      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140GYJX8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     35618 | PA      | $32189.33     | 0.00%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DIAGEO CAPITAL PLC                                                               | Diageo Capital PLC                                                                        | CUSIP: 25243YBG3<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $204290.00    | 0.00%             | 2027-10-24      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| AMERICA MOVIL SAB DE CV                                                          | America Movil SAB de CV                                                                   | CUSIP: 02364WBK0<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $194856.00    | 0.00%             | 2032-07-21      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FCD1<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    300000 | PA      | $292347.00    | 0.01%             | 2034-10-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                                                  | Deere & Co                                                                                | CUSIP: 244199BJ3<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141283.50    | 0.00%             | 2030-04-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Texas Instruments Inc                                                            | Texas Instruments Inc                                                                     | CUSIP: 882508BF0<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |    150000 | PA      | $129874.50    | 0.00%             | 2039-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418ET59<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2647498 | PA      | $2569984.14   | 0.05%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE OP CO                                                             | Public Storage Operating Co                                                               | CUSIP: 74460WAE7<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              |  | US        |    100000 | PA      | $87789.00     | 0.00%             | 2031-05-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| WP CAREY INC                                                                     | WP Carey Inc                                                                              | CUSIP: 92936UAM1<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              |  | US        |     75000 | PA      | $74170.50     | 0.00%             | 2034-06-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 31339SQJ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    184832 | PA      | $159730.99    | 0.00%             | 2049-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138YBSS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    416546 | PA      | $381608.15    | 0.01%             | 2045-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SLS4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     53548 | PA      | $48533.78     | 0.00%             | 2046-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TAPESTRY INC                                                                     | Tapestry Inc                                                                              | CUSIP: 000000000<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147214.50    | 0.00%             | 2035-03-11      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLUE OWL CREDIT INCOME                                                           | Blue Owl Credit Income Corp                                                               | CUSIP: 09581CAD3<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |    175000 | PA      | $173362.00    | 0.00%             | 2030-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132XVXB4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    364077 | PA      | $329492.94    | 0.01%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                                                                | TSMC Arizona Corp                                                                         | CUSIP: 872898AJ0<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176390.00    | 0.00%             | 2052-04-22      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| UDR INC                                                                          | UDR Inc                                                                                   | CUSIP: 90265EAW0<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              |  | US        |     75000 | PA      | $73156.50     | 0.00%             | 2034-09-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYR84<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     82484 | PA      | $75446.28     | 0.00%             | 2039-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YU85<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     84063 | PA      | $85892.35     | 0.00%             | 2054-04-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UUH3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     57334 | PA      | $50572.09     | 0.00%             | 2049-06-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CUMMINS INC                                                                      | Cummins Inc                                                                               | CUSIP: 231021AW6<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151191.00    | 0.00%             | 2034-02-20      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179QPJ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     41332 | PA      | $40204.96     | 0.00%             | 2044-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                                | CUSIP: 500630DL9<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $191704.00    | 0.00%             | 2026-09-09      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Exelon Corp                                                                      | Exelon Corp                                                                               | CUSIP: 30161NAS0<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88263.00     | 0.00%             | 2045-06-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                               | CUSIP: 02665WEH0<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198714.00    | 0.00%             | 2030-04-17      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D54A7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     53338 | PA      | $51489.91     | 0.00%             | 2034-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816DW6<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    300000 | PA      | $298650.00    | 0.01%             | 2035-07-26      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| WILLIS-KNIGHTON MED CTR                                                          | Willis-Knighton Medical Center                                                            | CUSIP: 97068LAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $89881.50     | 0.00%             | 2051-03-01      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PDQ2<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    175000 | PA      | $139625.50    | 0.00%             | 2048-12-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| NORTHERN TRUST CORP                                                              | Northern Trust Corp                                                                       | CUSIP: 665859AV6<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |    200000 | PA      | $177438.00    | 0.00%             | 2030-05-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| UBS AG STAMFORD CT                                                               | UBS AG/Stamford CT                                                                        | CUSIP: 22550L2M2<br>LEI: 254900R882POXXVAK772 | Long             | DBT              | CORP              | CH        |    400000 | PA      | $430136.00    | 0.01%             | 2028-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                               | Meta Platforms Inc                                                                        | CUSIP: 30303M8U9<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    400000 | PA      | $396056.00    | 0.01%             | 2034-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138MGK53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5799 | PA      | $5675.07      | 0.00%             | 2027-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PIEDMONT HEALTHCARE INC                                                          | Piedmont Healthcare Inc                                                                   | CUSIP: 72014TAD1<br>LEI: 254900D1I6W7J0DSAY11 | Long             | DBT              | CORP              | US        |    200000 | PA      | $135406.00    | 0.00%             | 2042-01-01      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830BN8<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    288000 | PA      | $222157.44    | 0.00%             | 2052-09-15      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| ONE Gas Inc                                                                      | ONE Gas Inc                                                                               | CUSIP: 68235PAG3<br>LEI: 549300HXDWI0LATTX840 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81153.00     | 0.00%             | 2048-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                                                              | American Tower Corp                                                                       | CUSIP: 03027XAK6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    150000 | PA      | $147759.00    | 0.00%             | 2026-10-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                            | MidAmerican Energy Co                                                                     | CUSIP: 595620AS4<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |    150000 | PA      | $109599.00    | 0.00%             | 2048-08-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475BZ7<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249732.50    | 0.00%             | 2035-07-23      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJT67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    298962 | PA      | $276971.75    | 0.01%             | 2044-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VISA INC                                                                         | Visa Inc                                                                                  | CUSIP: 92826CAM4<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    300000 | PA      | $270906.00    | 0.01%             | 2030-04-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TFT7<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146085.00    | 0.00%             | 2029-01-08      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| GLP Capital LP / GLP Financing II Inc                                            | GLP Capital LP / GLP Financing II Inc                                                     | CUSIP: 361841AK5<br>LEI: N/A                  | Long             | DBT              |  | US        |    100000 | PA      | $101923.00    | 0.00%             | 2028-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Shell International Finance BV                                                   | Shell International Finance BV                                                            | CUSIP: 822582CD2<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $92961.00     | 0.00%             | 2029-11-07      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                         | CUSIP: 29379VCF8<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147244.50    | 0.00%             | 2034-01-31      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WAXP7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     44185 | PA      | $43401.79     | 0.00%             | 2044-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Essential Utilities Inc                                                          | Essential Utilities Inc                                                                   | CUSIP: 03836WAB9<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71973.00     | 0.00%             | 2029-05-01      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| BUNGE LTD FINANCE CORP                                                           | Bunge Ltd Finance Corp                                                                    | CUSIP: 120568BC3<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |    150000 | PA      | $134290.50    | 0.00%             | 2031-05-14      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 48126BAA1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    250000 | PA      | $245977.50    | 0.00%             | 2042-01-06      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| D.R. HORTON INC                                                                  | DR Horton Inc                                                                             | CUSIP: 23331ABU2<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125142.50    | 0.00%             | 2035-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                                                               | Essex Portfolio LP                                                                        | CUSIP: 29717PAU1<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              |  | US        |    100000 | PA      | $92446.00     | 0.00%             | 2030-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                                                          | Arthur J Gallagher & Co                                                                   | CUSIP: 04316JAA7<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86564.00     | 0.00%             | 2031-11-09      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| TransCanada PipeLines Ltd                                                        | TransCanada PipeLines Ltd                                                                 | CUSIP: 89352HAW9<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $248072.50    | 0.00%             | 2028-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RDK5<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    200000 | PA      | $162594.00    | 0.00%             | 2049-03-09      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Panama Government International Bonds                                            | Panama Government International Bonds                                                     | CUSIP: 698299BS2<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    250000 | PA      | $151532.50    | 0.00%             | 2063-01-19      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MCKESSON CORP                                                                    | McKesson Corp                                                                             | CUSIP: 581557BU8<br>LEI: 549300WZWOM80UCFSF54 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151924.50    | 0.00%             | 2033-07-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                                              | Abbott Laboratories                                                                       | CUSIP: 002824BF6<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199168.00    | 0.00%             | 2026-11-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406YAA0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142986.00    | 0.00%             | 2029-08-23      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                                              | FS KKR Capital Corp                                                                       | CUSIP: 302635AH0<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95380.00     | 0.00%             | 2027-01-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CMP3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10500000 | PA      | $10530966.81  | 0.20%             | 2027-02-28      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                                 | CUSIP: 911312AN6<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91981.00     | 0.00%             | 2040-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                                                             | Targa Resources Corp                                                                      | CUSIP: 87612GAN1<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    175000 | PA      | $165217.50    | 0.00%             | 2055-05-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312938F24<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     17515 | PA      | $17335.13     | 0.00%             | 2039-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VBG8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78559.00     | 0.00%             | 2042-11-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91086QAS7<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    362000 | PA      | $377251.06    | 0.01%             | 2034-09-27      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MASS INSTITUTE OF TECH                                                           | Massachusetts Institute of Technology                                                     | CUSIP: 575718AB7<br>LEI: DLZO3A31IADZ27B62557 | Long             | DBT              | CORP              | US        |    175000 | PA      | $141620.50    | 0.00%             | 2114-07-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                                                                 | HSBC Bank USA NA/New York NY                                                              | CUSIP: 4042Q1AA5<br>LEI: 1IE8VN30JCEQV1H4R804 | Long             | DBT              | CORP              | US        |    250000 | PA      | $259455.00    | 0.00%             | 2034-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD                                                               | Athene Holding Ltd                                                                        | CUSIP: 04686JAG6<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101294.00    | 0.00%             | 2034-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                               | CUSIP: 13645RBG8<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $142214.00    | 0.00%             | 2041-12-02      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Houston Electric LLC                                          | CenterPoint Energy Houston Electric LLC                                                   | CUSIP: 15189XAR9<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146629.50    | 0.00%             | 2027-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UBS AG STAMFORD CT                                                               | UBS AG/Stamford CT                                                                        | CUSIP: 22550L2K6<br>LEI: 254900R882POXXVAK772 | Long             | DBT              | CORP              | CH        |    250000 | PA      | $252827.50    | 0.00%             | 2027-07-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                                       | CUSIP: 49446RAZ2<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |    100000 | PA      | $89239.00     | 0.00%             | 2032-04-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJZF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1270917 | PA      | $1114434.16   | 0.02%             | 2047-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                                                 | Ryder System Inc                                                                          | CUSIP: 78355HLB3<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76971.00     | 0.00%             | 2029-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216DS6<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    200000 | PA      | $191322.00    | 0.00%             | 2054-05-13      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| KEYCORP                                                                          | KeyCorp                                                                                   | CUSIP: 49326EEN9<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95494.00     | 0.00%             | 2033-06-01      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                                                 | Georgia Power Co                                                                          | CUSIP: 373334KR1<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    150000 | PA      | $136600.50    | 0.00%             | 2052-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179QT43<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    137035 | PA      | $125357.77    | 0.00%             | 2044-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PES7<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    350000 | PA      | $338355.50    | 0.01%             | 2053-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| American Water Capital Corp                                                      | American Water Capital Corp                                                               | CUSIP: 03040WAY1<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |    200000 | PA      | $173868.00    | 0.00%             | 2031-06-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                                | CUSIP: 717081DT7<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125425.00    | 0.00%             | 2040-09-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179NQ50<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    152612 | PA      | $144703.86    | 0.00%             | 2043-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts School Building Authority                                          | Massachusetts School Building Authority                                                   | CUSIP: 576000ZW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $146715.00    | 0.00%             | 2043-05-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJ3A6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    307316 | PA      | $278124.18    | 0.01%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MCCORMICK & CO                                                                   | McCormick & Co Inc/MD                                                                     | CUSIP: 579780AQ0<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90340.00     | 0.00%             | 2030-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Georgia-Pacific LLC                                                              | Georgia-Pacific LLC                                                                       | CUSIP: 373298BU1<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |    100000 | PA      | $120967.00    | 0.00%             | 2031-05-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TJF3<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140580.00    | 0.00%             | 2028-04-06      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                            | CUSIP: 10373QBR0<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    300000 | PA      | $216075.00    | 0.00%             | 2041-06-17      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                                 | CUSIP: 911312CE4<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    225000 | PA      | $212523.75    | 0.00%             | 2054-05-22      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| IDEX CORP                                                                        | IDEX Corp                                                                                 | CUSIP: 45167RAG9<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | DBT              | CORP              | US        |    200000 | PA      | $184240.00    | 0.00%             | 2030-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PEJ1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    500000 | PA      | $504850.00    | 0.01%             | 2030-07-22      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810QK7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2459100 | PA      | $2219721.98   | 0.04%             | 2040-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810QS0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2103600 | PA      | $1850017.60   | 0.03%             | 2041-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CS47<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    638028 | PA      | $576609.31    | 0.01%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Brixmor Operating Partnership LP                                                 | Brixmor Operating Partnership LP                                                          | CUSIP: 11120VAH6<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |    150000 | PA      | $146067.00    | 0.00%             | 2029-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Time Warner Cable LLC                                                            | Time Warner Cable LLC                                                                     | CUSIP: 88732JAU2<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252887.50    | 0.00%             | 2039-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                         | CUSIP: 780097BG5<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $301194.00    | 0.01%             | 2029-05-18      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| Southern California Edison Co                                                    | Southern California Edison Co                                                             | CUSIP: 842400FQ1<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    150000 | PA      | $122154.00    | 0.00%             | 2040-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                           | CUSIP: 126650BR0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150136.50    | 0.00%             | 2039-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| University of Michigan                                                           | University of Michigan                                                                    | CUSIP: 914455VJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $160972.00    | 0.00%             | 2047-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                                | General Motors Co                                                                         | CUSIP: 37045VAS9<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150192.00    | 0.00%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                         | Lloyds Banking Group PLC                                                                  | CUSIP: 539439AN9<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $180626.00    | 0.00%             | 2045-12-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Halliburton Co                                                                   | Halliburton Co                                                                            | CUSIP: 406216AW1<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |    100000 | PA      | $107641.00    | 0.00%             | 2038-09-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U3A9<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    400000 | PA      | $401184.00    | 0.01%             | 2028-07-25      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EHR87<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    157558 | PA      | $155077.39    | 0.00%             | 2041-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YDD8<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $204220.00    | 0.00%             | 2030-05-26      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ENSTAR FINANCE LLC                                                               | Enstar Finance LLC                                                                        | CUSIP: 29360AAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $73128.00     | 0.00%             | 2042-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132GTD53<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      9682 | PA      | $8976.90      | 0.00%             | 2042-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NCA7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    350000 | PA      | $339699.50    | 0.01%             | 2028-02-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                                                               | Cenovus Energy Inc                                                                        | CUSIP: 15135UAR0<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $86221.00     | 0.00%             | 2047-06-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                                                         | CSX Corp                                                                                  | CUSIP: 126408HQ9<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91384.00     | 0.00%             | 2030-02-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804FY5<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $109332.00    | 0.00%             | 2047-09-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CLAREMONT MCKENNA                                                                | Claremont Mckenna College                                                                 | CUSIP: 18013RAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $31139.00     | 0.00%             | 2122-01-01      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| TRANSATLANTIC HOLDINGS                                                           | Transatlantic Holdings Inc                                                                | CUSIP: 893521AB0<br>LEI: RN37QJVS1BV19MNIC295 | Long             | DBT              | CORP              | US        |    100000 | PA      | $121437.00    | 0.00%             | 2039-11-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YFT7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    600000 | PA      | $596928.00    | 0.01%             | 2035-07-19      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                                                         | Citizens Financial Group Inc                                                              | CUSIP: 174610AW5<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81923.00     | 0.00%             | 2032-09-30      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV4A0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    103795 | PA      | $93184.36     | 0.00%             | 2049-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                                                             | Parker-Hannifin Corp                                                                      | CUSIP: 70109HAN5<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84179.00     | 0.00%             | 2044-11-21      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                                                     | Alphabet Inc                                                                              | CUSIP: 02079KAG2<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    375000 | PA      | $196237.50    | 0.00%             | 2060-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137F2LJ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1200000 | PA      | $1174353.10   | 0.02%             | 2027-06-25      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418C4F8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     93596 | PA      | $87261.29     | 0.00%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Peru Government International Bonds                                              | Peru Government International Bonds                                                       | CUSIP: 715638DT6<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    350000 | PA      | $236152.00    | 0.00%             | 2051-03-10      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YYX6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    858968 | PA      | $870703.28    | 0.02%             | 2054-06-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BHP BILLITON FIN USA LTD                                                         | BHP Billiton Finance USA Ltd                                                              | CUSIP: 055451BJ6<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | CORP              | AU        |    200000 | PA      | $203266.00    | 0.00%             | 2030-02-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                           | CUSIP: 500769KK9<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    750000 | PA      | $741810.00    | 0.01%             | 2030-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                                                   | Mastercard Inc                                                                            | CUSIP: 57636QAM6<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143085.00    | 0.00%             | 2029-06-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EBS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4022424 | PA      | $3290266.04   | 0.06%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AUST & NZ BANKING GRP NY                                                         | Australia & New Zealand Banking Group Ltd/New York NY                                     | CUSIP: 05253JB42<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $248280.00    | 0.00%             | 2027-09-30      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119CW7<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141795.00    | 0.00%             | 2064-04-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| San Jose Redevelopment Agency Successor Agency                                   | San Jose Redevelopment Successor Agency                                                   | CUSIP: 798170AN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $90510.40     | 0.00%             | 2034-08-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                                     | CUSIP: 882508CG7<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |    125000 | PA      | $126453.75    | 0.00%             | 2029-02-08      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418C2E3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    103202 | PA      | $101795.65    | 0.00%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076DF6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    250000 | PA      | $234095.00    | 0.00%             | 2054-06-25      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| NATIONAL FUEL GAS CO                                                             | National Fuel Gas Co                                                                      | CUSIP: 636180BU4<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |     95000 | PA      | $95304.00     | 0.00%             | 2035-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GC77<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    450000 | PA      | $452169.00    | 0.01%             | 2028-04-23      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687EF9<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     50000 | PA      | $53645.50     | 0.00%             | 2037-03-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                               | CUSIP: 931142EX7<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199542.00    | 0.00%             | 2027-09-09      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                                               | Canadian Imperial Bank of Commerce                                                        | CUSIP: 13607HVE9<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $145143.00    | 0.00%             | 2026-06-22      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Dollar General Corp                                                              | Dollar General Corp                                                                       | CUSIP: 256677AF2<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98667.00     | 0.00%             | 2028-05-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810SH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8550000 | PA      | $5999027.39   | 0.11%             | 2049-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| TOLL BROS FINANCE CORP                                                           | Toll Brothers Finance Corp                                                                | CUSIP: 88947EAT7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $197870.00    | 0.00%             | 2028-02-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport                                                   | CUSIP: 2350364W7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $82814.20     | 0.00%             | 2038-11-01      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818FZ6<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    250000 | PA      | $172385.00    | 0.00%             | 2053-02-14      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XCVB1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    847107 | PA      | $811886.19    | 0.02%             | 2033-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                                                   | Morgan Stanley Capital I Trust 2020-HR8                                                   | CUSIP: 61692BBP4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $874869.66    | 0.02%             | 2053-07-15      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MCK4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    150000 | PA      | $106326.00    | 0.00%             | 2041-09-17      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752AL7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139867.50    | 0.00%             | 2029-09-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                                                             | Pilgrim's Pride Corp                                                                      | CUSIP: 72147KAH1<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |    150000 | PA      | $133072.50    | 0.00%             | 2032-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| APTIV SWISS HOLDINGS LTD                                                         | Aptiv Swiss Holdings Ltd                                                                  | CUSIP: 03835VAJ5<br>LEI: 254900HTTDFIJZ32GX53 | Long             | DBT              | CORP              | JE        |    250000 | PA      | $143462.50    | 0.00%             | 2051-12-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Altria Group Inc                                                                 | Altria Group Inc                                                                          | CUSIP: 02209SAM5<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    200000 | PA      | $158470.00    | 0.00%             | 2042-08-09      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WNF1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    993360 | PA      | $867042.78    | 0.02%             | 2051-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GENERAL ELECTRIC CO                                                              | General Electric Co                                                                       | CUSIP: 36962G4B7<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $114519.00    | 0.00%             | 2039-01-10      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                                        | CUSIP: 756109CC6<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     50000 | PA      | $47392.50     | 0.00%             | 2030-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| FLEX LTD                                                                         | Flex Ltd                                                                                  | CUSIP: 33938XAE5<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |    100000 | PA      | $102701.00    | 0.00%             | 2028-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397C27<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    245000 | PA      | $241307.85    | 0.00%             | 2027-05-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                             | CUSIP: 45866FBA1<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154755.00    | 0.00%             | 2031-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WISCONSIN PUBLIC SERVICE                                                         | Wisconsin Public Service Corp                                                             | CUSIP: 976843BM3<br>LEI: 549300BJRHJVYNUMQZ30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $66307.00     | 0.00%             | 2049-09-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46625HRS1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247187.50    | 0.00%             | 2026-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF QUEBEC                                                               | Province of Quebec Canada                                                                 | CUSIP: 748148SF1<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    400000 | PA      | $385820.00    | 0.01%             | 2034-09-05      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                                                             | Parker-Hannifin Corp                                                                      | CUSIP: 701094AJ3<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98351.00     | 0.00%             | 2027-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                       | Intel Corp                                                                                | CUSIP: 458140AV2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    250000 | PA      | $181630.00    | 0.00%             | 2046-05-19      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I                                                         | Stanley Black & Decker Inc                                                                | CUSIP: 854502AT8<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103676.00    | 0.00%             | 2028-03-06      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D55H1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    241837 | PA      | $220353.03    | 0.00%             | 2035-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VGT5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175248.50    | 0.00%             | 2033-05-09      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Huntington Ingalls Industries Inc                                                | Huntington Ingalls Industries Inc                                                         | CUSIP: 446413AL0<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97392.00     | 0.00%             | 2027-12-01      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TC29<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     44060 | PA      | $43861.09     | 0.00%             | 2047-07-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162DF4<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    200000 | PA      | $153036.00    | 0.00%             | 2052-02-22      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board | CUSIP: 592041WJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $129098.06    | 0.00%             | 2026-07-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWDJ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1736150 | PA      | $1419066.29   | 0.03%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                             | CUSIP: 744448CZ2<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |    325000 | PA      | $323878.75    | 0.01%             | 2034-05-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                                   | CUSIP: 828807DY0<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    150000 | PA      | $143479.50    | 0.00%             | 2034-09-26      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                                                           | Marvell Technology Inc                                                                    | CUSIP: 573874AF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $94333.00     | 0.00%             | 2028-04-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31403DWU9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    118312 | PA      | $121377.40    | 0.00%             | 2036-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3131XLT64<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    751281 | PA      | $676138.11    | 0.01%             | 2043-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                           | CUSIP: 500769JW5<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    400000 | PA      | $398608.00    | 0.01%             | 2028-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076DD1<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    225000 | PA      | $228782.25    | 0.00%             | 2031-06-25      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ONEOK Partners LP                                                                | ONEOK Partners LP                                                                         | CUSIP: 68268NAC7<br>LEI: T4DHW82NMF6BXJT50795 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105165.00    | 0.00%             | 2036-10-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp                                                            | Northrop Grumman Corp                                                                     | CUSIP: 666807BK7<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98115.00     | 0.00%             | 2027-02-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967JU6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    180000 | PA      | $154359.00    | 0.00%             | 2045-07-30      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| SUN COMMUNITIES OPER LP                                                          | Sun Communities Operating LP                                                              | CUSIP: 866677AE7<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              |  | US        |    100000 | PA      | $87157.00     | 0.00%             | 2031-07-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137FMTS1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2500000 | PA      | $2317040.65   | 0.04%             | 2031-05-25      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust                                    | JP Morgan Chase Commercial Mortgage Securities Trust 2016-JP4                             | CUSIP: 46645UAT4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2034000 | PA      | $1983407.81   | 0.04%             | 2049-12-15      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YS54<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    925835 | PA      | $898741.78    | 0.02%             | 2054-03-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MANITOBA (PROVINCE OF)                                                           | Province of Manitoba Canada                                                               | CUSIP: 563469UY9<br>LEI: 5493003QILFOB3JRKE30 | Long             | DBT              | NUSS              | CA        |    150000 | PA      | $137883.00    | 0.00%             | 2028-10-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QDXG4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2054079 | PA      | $1681973.77   | 0.03%             | 2050-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                                   | CUSIP: 06418GAK3<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $128918.75    | 0.00%             | 2029-08-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWAW3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   8009033 | PA      | $6283079.69   | 0.12%             | 2051-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179NJA7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    436062 | PA      | $399908.93    | 0.01%             | 2043-07-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680BE2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     70000 | PA      | $73968.30     | 0.00%             | 2031-01-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | Port Authority of New York & New Jersey                                                   | CUSIP: 73358WJA3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    450000 | PA      | $364013.10    | 0.01%             | 2062-10-01      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| Canadian National Railway Co                                                     | Canadian National Railway Co                                                              | CUSIP: 136375CP5<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $74326.00     | 0.00%             | 2048-02-03      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RDH2<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45530.00     | 0.00%             | 2042-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EXR5<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152085.00    | 0.00%             | 2027-06-11      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ACCENTURE CAPITAL INC                                                            | Accenture Capital Inc                                                                     | CUSIP: 00440KAD5<br>LEI: 254900FRO0P7RIINYT25 | Long             | DBT              | CORP              | US        |    350000 | PA      | $336378.00    | 0.01%             | 2034-10-04      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                                                                    | Owens Corning                                                                             | CUSIP: 690742AJ0<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96970.00     | 0.00%             | 2029-08-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448EZ7<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    200000 | PA      | $175698.00    | 0.00%             | 2030-05-01      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J7VW2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    497749 | PA      | $452599.49    | 0.01%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NSTAR ELECTRIC CO                                                                | NSTAR Electric Co                                                                         | CUSIP: 67021CAW7<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74316.75     | 0.00%             | 2035-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GKW8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    600000 | PA      | $603774.00    | 0.01%             | 2028-07-22      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                                 | CUSIP: 037833CJ7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    300000 | PA      | $296553.00    | 0.01%             | 2027-02-09      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XLJ3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    711320 | PA      | $710495.66    | 0.01%             | 2052-11-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                           | CUSIP: 842587DL8<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103694.00    | 0.00%             | 2032-10-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VHS2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    628432 | PA      | $550253.52    | 0.01%             | 2050-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XQN94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    250924 | PA      | $250952.80    | 0.00%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138YWJV0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    313722 | PA      | $285845.63    | 0.01%             | 2045-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Province of British Columbia Canada                                              | Province of British Columbia Canada                                                       | CUSIP: 110709AH5<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |    300000 | PA      | $289155.00    | 0.01%             | 2026-07-20      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                                       | CUSIP: 015271BA6<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |    100000 | PA      | $93132.00     | 0.00%             | 2035-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                            | CUSIP: 00914AAE2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94429.00     | 0.00%             | 2029-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132M7GX0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     12593 | PA      | $11926.73     | 0.00%             | 2044-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL FARM CREDIT BANK                                                         | Federal Farm Credit Banks Funding Corp                                                    | CUSIP: 3133EN5N6<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |    500000 | PA      | $500965.00    | 0.01%             | 2028-01-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hewlett Packard Enterprise Co                                                    | Hewlett Packard Enterprise Co                                                             | CUSIP: 42824CAX7<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155887.50    | 0.00%             | 2035-10-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc                                                        | Rogers Communications Inc                                                                 | CUSIP: 775109BP5<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    225000 | PA      | $158098.50    | 0.00%             | 2049-11-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                                               | Vodafone Group PLC                                                                        | CUSIP: 92857WCA6<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $374112.00    | 0.01%             | 2054-06-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev Worldwide Inc                                               | Anheuser-Busch InBev Worldwide Inc                                                        | CUSIP: 03523TBV9<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    800000 | PA      | $785376.00    | 0.01%             | 2049-01-23      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CBJ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11500000 | PA      | $10599765.63  | 0.20%             | 2028-01-31      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Peru Government International Bonds                                              | Peru Government International Bonds                                                       | CUSIP: 715638DF6<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    400000 | PA      | $354048.00    | 0.01%             | 2031-01-23      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| UDR INC                                                                          | UDR Inc                                                                                   | CUSIP: 90265EAT7<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              |  | US        |    150000 | PA      | $121702.50    | 0.00%             | 2032-08-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| AES CORP/THE                                                                     | AES Corp/The                                                                              | CUSIP: 00130HCH6<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202762.00    | 0.00%             | 2028-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF PENNSYLVAN                                                         | Trustees of the University of Pennsylvania/The                                            | CUSIP: 91481CAD2<br>LEI: 549300FG60YK9HZ7DS75 | Long             | DBT              | CORP              | US        |    150000 | PA      | $84609.00     | 0.00%             | 2050-10-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| PFIZER INVESTMENT ENTER                                                          | Pfizer Investment Enterprises Pte Ltd                                                     | CUSIP: 716973AH5<br>LEI: 5493000FQO8XF9C0RT95 | Long             | DBT              | CORP              | SG        |    750000 | PA      | $676050.00    | 0.01%             | 2063-05-19      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                                        | CUSIP: 907818EP9<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97775.00     | 0.00%             | 2027-04-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VALERO ENERGY CORP                                                               | Valero Energy Corp                                                                        | CUSIP: 91913YBE9<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |     75000 | PA      | $51713.25     | 0.00%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                                    | CUSIP: 045167EY5<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    750000 | PA      | $632002.50    | 0.01%             | 2030-10-08      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                                                    | J M Smucker Co/The                                                                        | CUSIP: 832696AW8<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |    200000 | PA      | $209628.00    | 0.00%             | 2028-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ACY9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    450000 | PA      | $446629.50    | 0.01%             | 2033-07-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EPG65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    527741 | PA      | $499256.57    | 0.01%             | 2045-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                                          | Duke Energy Florida LLC                                                                   | CUSIP: 341099CL1<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |    200000 | PA      | $215646.00    | 0.00%             | 2038-06-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162DK3<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    200000 | PA      | $170234.00    | 0.00%             | 2053-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                                                 | Georgia Power Co                                                                          | CUSIP: 373334KL4<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139636.50    | 0.00%             | 2029-09-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC                                                             | Freeport-McMoRan Inc                                                                      | CUSIP: 35671DCF0<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72730.50     | 0.00%             | 2030-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VTV2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1539630 | PA      | $1239027.73   | 0.02%             | 2050-09-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418ECZ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1016537 | PA      | $890009.15    | 0.02%             | 2042-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Peru Government International Bonds                                              | Peru Government International Bonds                                                       | CUSIP: 715638EB4<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    200000 | PA      | $196916.00    | 0.00%             | 2035-02-08      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                 | CUSIP: 00774MAX3<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    700000 | PA      | $621817.00    | 0.01%             | 2032-01-30      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Peru Government International Bonds                                              | Peru Government International Bonds                                                       | CUSIP: 715638AP7<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    450000 | PA      | $546034.50    | 0.01%             | 2033-11-21      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                                    | CUSIP: 202795JM3<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    150000 | PA      | $114531.00    | 0.00%             | 2048-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HP Inc                                                                           | HP Inc                                                                                    | CUSIP: 428236BR3<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |    250000 | PA      | $244455.00    | 0.00%             | 2041-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS                                                           | Zimmer Biomet Holdings Inc                                                                | CUSIP: 98956PAX0<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102632.00    | 0.00%             | 2028-12-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | New Jersey Turnpike Authority                                                             | CUSIP: 646139W35<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |    350000 | PA      | $411723.90    | 0.01%             | 2040-01-01      | Fixed         | 7.41%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661DZ7<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    300000 | PA      | $182634.00    | 0.00%             | 2050-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                                            | Entergy Louisiana LLC                                                                     | CUSIP: 29364WBP2<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99022.00     | 0.00%             | 2034-09-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                                                         | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                                | CUSIP: 46590XAU0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    200000 | PA      | $180174.00    | 0.00%             | 2032-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds                                       | Philippines Government International Bonds                                                | CUSIP: 718286DH7<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    200000 | PA      | $200776.00    | 0.00%             | 2050-02-04      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| TYCO ELECTRONICS GROUP S                                                         | Tyco Electronics Group SA                                                                 | CUSIP: 902133AY3<br>LEI: C33G1C5SYE2YM95EE712 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $86291.00     | 0.00%             | 2032-02-04      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78016EYH4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $216727.50    | 0.00%             | 2031-11-03      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TJW6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     75000 | PA      | $64704.75     | 0.00%             | 2032-01-13      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140BV1<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    150000 | PA      | $97698.00     | 0.00%             | 2041-08-12      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KCB4<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94943.00     | 0.00%             | 2082-03-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CAD3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8000000 | PA      | $7421875.04   | 0.14%             | 2027-07-31      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| COCA-COLA FEMSA SAB CV                                                           | Coca-Cola Femsa SAB de CV                                                                 | CUSIP: 191241AH1<br>LEI: 5493008KEVFYPMGTXO33 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $185096.00    | 0.00%             | 2030-01-22      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CU77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    131066 | PA      | $118211.31    | 0.00%             | 2048-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Canadian Pacific Railway Co                                                      | Canadian Pacific Railway Co                                                               | CUSIP: 13645RAV6<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |     50000 | PA      | $48003.00     | 0.00%             | 2035-09-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Suzano Austria GmbH                                                              | Suzano Austria GmbH                                                                       | CUSIP: 86964WAK8<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |    200000 | PA      | $171384.00    | 0.00%             | 2032-01-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844CJ5<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $67301.00     | 0.00%             | 2121-05-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| PECO ENERGY CO                                                                   | PECO Energy Co                                                                            | CUSIP: 693304AX5<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |    100000 | PA      | $63664.00     | 0.00%             | 2049-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DY71<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    701894 | PA      | $594837.62    | 0.01%             | 2041-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Indonesia Government International Bonds                                         | Indonesia Government International Bonds                                                  | CUSIP: 455780EA0<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $206334.00    | 0.00%             | 2035-01-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| American International Group Inc                                                 | American International Group Inc                                                          | CUSIP: 026874DC8<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     78000 | PA      | $69878.64     | 0.00%             | 2035-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WJR0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2476846 | PA      | $2079407.20   | 0.04%             | 2051-07-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                                                                  | AstraZeneca PLC                                                                           | CUSIP: 046353AU2<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $125788.50    | 0.00%             | 2048-08-17      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BLUE OWL FINANCE LLC                                                             | Blue Owl Finance LLC                                                                      | CUSIP: 09581JAR7<br>LEI: 254900OF2NO2GYFV5T41 | Long             | DBT              | CORP              | US        |    125000 | PA      | $109248.75    | 0.00%             | 2031-06-10      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Energy Partners LP                                                 | Kinder Morgan Energy Partners LP                                                          | CUSIP: 494550BU9<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    200000 | PA      | $183446.00    | 0.00%             | 2044-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                             | CUSIP: 097023BZ7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     50000 | PA      | $33123.50     | 0.00%             | 2048-03-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                                                             | Pilgrim's Pride Corp                                                                      | CUSIP: 72147KAJ7<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |    200000 | PA      | $189810.00    | 0.00%             | 2031-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | Diamondback Energy Inc                                                                    | CUSIP: 25278XAM1<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196266.00    | 0.00%             | 2026-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                                   | CUSIP: 742718GA1<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146395.50    | 0.00%             | 2033-01-26      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KCT5<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    175000 | PA      | $176881.25    | 0.00%             | 2029-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY DIRECT                                                            | Morgan Stanley Direct Lending Fund                                                        | CUSIP: 61774AAF0<br>LEI: 549300QEX22T2J8IB029 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76417.50     | 0.00%             | 2029-05-17      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804FE9<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105990.00    | 0.00%             | 2037-11-30      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NDP3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    300000 | PA      | $159315.00    | 0.00%             | 2052-08-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV6K6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    723604 | PA      | $623942.09    | 0.01%             | 2050-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                                                              | Carrier Global Corp                                                                       | CUSIP: 14448CAS3<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |    225000 | PA      | $161302.50    | 0.00%             | 2050-04-05      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YCM9<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $204850.00    | 0.00%             | 2033-09-13      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CCH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9900000 | PA      | $9155179.74   | 0.17%             | 2028-06-30      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JCS1<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155574.00    | 0.00%             | 2033-11-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D55M0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    422033 | PA      | $384411.14    | 0.01%             | 2035-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Manulife Financial Corp                                                          | Manulife Financial Corp                                                                   | CUSIP: 56501RAE6<br>LEI: 5493007GBX87QOZACS27 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $147832.50    | 0.00%             | 2032-02-24      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| TD SYNNEX CORP                                                                   | TD SYNNEX Corp                                                                            | CUSIP: 87162WAL4<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102756.00    | 0.00%             | 2034-04-12      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| SIXTH STREET LENDING PAR                                                         | Sixth Street Lending Partners                                                             | CUSIP: 829932AD4<br>LEI: 549300S9P1HMDERGCR64 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99525.00     | 0.00%             | 2030-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                                       | CUSIP: 459058LT8<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    750000 | PA      | $744337.50    | 0.01%             | 2028-05-05      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179U6U1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1379064 | PA      | $1207194.87   | 0.02%             | 2049-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418E3E8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1314831 | PA      | $1302658.03   | 0.02%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DWW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    792679 | PA      | $701508.82    | 0.01%             | 2036-02-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448BS6<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71149.50     | 0.00%             | 2040-11-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140MFFL2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    784921 | PA      | $644889.70    | 0.01%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Crown Castle International Corp                                                  | Crown Castle Inc                                                                          | CUSIP: 22822VAF8<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    100000 | PA      | $83156.00     | 0.00%             | 2047-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                                                                | Expedia Group Inc                                                                         | CUSIP: 30212PAR6<br>LEI: CI7MUJI4USF3V0NJ1H64 | Long             | DBT              | CORP              | US        |    200000 | PA      | $186580.00    | 0.00%             | 2030-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JCW2<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100521.00    | 0.00%             | 2029-11-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418E7D6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    320681 | PA      | $334501.85    | 0.01%             | 2054-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OP                                                              | Invitation Homes Operating Partnership LP                                                 | CUSIP: 46188BAA0<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              |  | US        |    100000 | PA      | $83732.00     | 0.00%             | 2031-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TWDC Enterprises 18 Corp                                                         | TWDC Enterprises 18 Corp                                                                  | CUSIP: 25468PDM5<br>LEI: 7260JQNI6SCF9FIV2392 | Long             | DBT              | CORP              | US        |    250000 | PA      | $243377.50    | 0.00%             | 2026-07-30      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| TD SYNNEX CORP                                                                   | TD SYNNEX Corp                                                                            | CUSIP: 87162WAF7<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144436.50    | 0.00%             | 2026-08-09      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| PENTAIR FINANCE SARL                                                             | Pentair Finance Sarl                                                                      | CUSIP: 709629AS8<br>LEI: 549300H2U8U8TZPV3T89 | Long             | DBT              | CORP              | LU        |     50000 | PA      | $51605.50     | 0.00%             | 2032-07-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                                   | CUSIP: 824348AS5<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     75000 | PA      | $61967.25     | 0.00%             | 2045-08-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                                                         | Omega Healthcare Investors Inc                                                            | CUSIP: 681936BN9<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              |  | US        |    100000 | PA      | $84608.00     | 0.00%             | 2033-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                                                          | Southern Co Gas Capital Corp                                                              | CUSIP: 8426EPAE8<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |     75000 | PA      | $46318.50     | 0.00%             | 2051-09-30      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 913017CH0<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146430.00    | 0.00%             | 2026-11-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Selective Insurance Group Inc                                                    | Selective Insurance Group Inc                                                             | CUSIP: 816300AH0<br>LEI: 549300R3WGJWLE40R258 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65957.25     | 0.00%             | 2049-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DFR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    178165 | PA      | $159952.05    | 0.00%             | 2049-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORPORATION                                                             | M&T Bank Corp                                                                             | CUSIP: 55261FAT1<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |    200000 | PA      | $208214.00    | 0.00%             | 2032-03-13      | Fixed         | 6.08%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EHK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    907021 | PA      | $858355.96    | 0.02%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                                                 | Ventas Realty LP                                                                          | CUSIP: 92277GAN7<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |    150000 | PA      | $148579.50    | 0.00%             | 2029-01-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D53T7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     44199 | PA      | $41295.09     | 0.00%             | 2034-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                                                              | Dow Chemical Co/The                                                                       | CUSIP: 260543DM2<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92846.00     | 0.00%             | 2055-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312945R42<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     46276 | PA      | $44543.11     | 0.00%             | 2041-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400JE4<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151174.50    | 0.00%             | 2031-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 912828YG9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3300000 | PA      | $3198357.43   | 0.06%             | 2026-09-30      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp                                | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 63743HEW8<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144793.50    | 0.00%             | 2026-06-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DS3D2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    263324 | PA      | $268952.09    | 0.01%             | 2054-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OP                                                              | Invitation Homes Operating Partnership LP                                                 | CUSIP: 46188BAG7<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              |  | US        |    100000 | PA      | $95238.00     | 0.00%             | 2035-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200KT7<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149319.00    | 0.00%             | 2027-07-27      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                                     | NiSource Inc                                                                              | CUSIP: 65473PAL9<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    150000 | PA      | $126963.00    | 0.00%             | 2031-02-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6FW5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    649617 | PA      | $650201.55    | 0.01%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KLA CORP                                                                         | KLA Corp                                                                                  | CUSIP: 482480AG5<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99279.00     | 0.00%             | 2029-03-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QD5S9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    806602 | PA      | $672191.41    | 0.01%             | 2050-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816DF3<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199416.00    | 0.00%             | 2034-05-01      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJ4H0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    105383 | PA      | $95180.54     | 0.00%             | 2048-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FCR6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    267436 | PA      | $265208.98    | 0.00%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ZOETIS INC                                                                       | Zoetis Inc                                                                                | CUSIP: 98978VAT0<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |    100000 | PA      | $63075.00     | 0.00%             | 2050-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ESSENTIAL PROPER                                                                 | Essential Properties LP                                                                   | CUSIP: 29670VAA7<br>LEI: 254900XX9FNFCDE1NX02 | Long             | DBT              |  | US        |    100000 | PA      | $87501.00     | 0.00%             | 2031-07-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| UNION ELECTRIC CO                                                                | Union Electric Co                                                                         | CUSIP: 906548CT7<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84757.00     | 0.00%             | 2032-03-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                            | CUSIP: 594918BD5<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82869.00     | 0.00%             | 2045-02-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179QWD9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     56073 | PA      | $49808.98     | 0.00%             | 2044-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179N2K3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    473253 | PA      | $448729.18    | 0.01%             | 2044-02-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                                | CUSIP: 91159HJR2<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    400000 | PA      | $407892.00    | 0.01%             | 2035-01-23      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| NOVARTIS CAPITAL CORP                                                            | Novartis Capital Corp                                                                     | CUSIP: 66989HAT5<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    175000 | PA      | $172187.75    | 0.00%             | 2029-09-18      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179Q6P1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    294618 | PA      | $267741.09    | 0.01%             | 2045-03-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GMM8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    700000 | PA      | $706398.00    | 0.01%             | 2036-01-24      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91087BAV2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    400000 | PA      | $399668.00    | 0.01%             | 2035-02-09      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 637432NY7<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87439.00     | 0.00%             | 2032-04-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                                                          | Arthur J Gallagher & Co                                                                   | CUSIP: 04316JAG4<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $108221.00    | 0.00%             | 2054-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QKDT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    530627 | PA      | $451069.86    | 0.01%             | 2041-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | Fiserv Inc                                                                                | CUSIP: 337738BN7<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147075.00    | 0.00%             | 2034-08-12      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJWC0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     86551 | PA      | $81498.07     | 0.00%             | 2045-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| XCEL ENERGY INC                                                                  | Xcel Energy Inc                                                                           | CUSIP: 98389BBE9<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150211.50    | 0.00%             | 2035-04-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Telefonica Europe BV                                                             | Telefonica Europe BV                                                                      | CUSIP: 879385AD4<br>LEI: 7245007FZS0M65WUGP67 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $115315.00    | 0.00%             | 2030-09-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                               | CUSIP: 13648TAD9<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $84057.00     | 0.00%             | 2043-05-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc                                              | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MAN0<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $197014.00    | 0.00%             | 2027-01-11      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GKY4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    900000 | PA      | $897183.00    | 0.02%             | 2033-07-22      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Fidelity National Information Services Inc                                       | Fidelity National Information Services Inc                                                | CUSIP: 31620MBT2<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |    200000 | PA      | $173074.00    | 0.00%             | 2031-03-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                                   | CUSIP: 828807DM6<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    150000 | PA      | $131313.00    | 0.00%             | 2031-02-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GKB4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    350000 | PA      | $218592.50    | 0.00%             | 2052-07-21      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MCY4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $209838.00    | 0.00%             | 2043-07-13      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6H37<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    277424 | PA      | $277667.03    | 0.01%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kaiser Foundation Hospitals                                                      | Kaiser Foundation Hospitals                                                               | CUSIP: 48305QAE3<br>LEI: DW4Z57L3G4IRMHYZYK62 | Long             | DBT              | CORP              | US        |    150000 | PA      | $100899.00    | 0.00%             | 2049-11-01      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36178C6M0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    107469 | PA      | $98502.67     | 0.00%             | 2042-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128P7SJ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    160486 | PA      | $154974.36    | 0.00%             | 2032-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                                                         | Citizens Financial Group Inc                                                              | CUSIP: 174610BJ3<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200460.00    | 0.00%             | 2031-03-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                                                          | Southern Co Gas Capital Corp                                                              | CUSIP: 8426EPAB4<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    150000 | PA      | $111946.50    | 0.00%             | 2046-10-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810FE3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    280000 | PA      | $294262.50    | 0.01%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132JNF36<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     83539 | PA      | $79492.57     | 0.00%             | 2043-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group Inc                                               | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822BC7<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $247607.50    | 0.00%             | 2028-09-11      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417GZX7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    459180 | PA      | $424860.68    | 0.01%             | 2043-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650DQ0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    250000 | PA      | $210135.00    | 0.00%             | 2031-02-28      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                                        | CUSIP: 74456QCE4<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    200000 | PA      | $102912.00    | 0.00%             | 2050-08-01      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738ECT0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $200480.00    | 0.00%             | 2028-09-10      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DQ88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3848547 | PA      | $3171313.82   | 0.06%             | 2050-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RHK1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    200000 | PA      | $185064.00    | 0.00%             | 2039-03-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MMVQ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     85605 | PA      | $81892.98     | 0.00%             | 2031-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ARES STRATEGIC INCOME FU                                                         | Ares Strategic Income Fund                                                                | CUSIP: 04020EAD9<br>LEI: 549300IANZJVZPTICV54 | Long             | DBT              | CORP              | US        |    125000 | PA      | $122970.00    | 0.00%             | 2030-02-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                                                  | Chevron USA Inc                                                                           | CUSIP: 166756AR7<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99447.00     | 0.00%             | 2028-01-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                                         | Corebridge Financial Inc                                                                  | CUSIP: 21871XAK5<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82126.00     | 0.00%             | 2042-04-05      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJZB9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1974779 | PA      | $1731632.71   | 0.03%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                                                 | Berry Global Inc                                                                          | CUSIP: 08576BAB8<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207906.00    | 0.00%             | 2031-06-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| California State University                                                      | California State University                                                               | CUSIP: 13077DNK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $66775.00     | 0.00%             | 2051-11-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308JT5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    250000 | PA      | $221860.00    | 0.00%             | 2031-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DJQ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    199549 | PA      | $165105.30    | 0.00%             | 2049-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                                                               | Essex Portfolio LP                                                                        | CUSIP: 29717PAY3<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              |  | US        |     75000 | PA      | $69407.25     | 0.00%             | 2028-03-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140Q95R0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     67437 | PA      | $68296.92     | 0.00%             | 2048-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CHU8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8000000 | PA      | $8027968.72   | 0.15%             | 2026-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                          | CUSIP: 22822VAM3<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     50000 | PA      | $43433.50     | 0.00%             | 2049-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Southern California Edison Co                                                    | Southern California Edison Co                                                             | CUSIP: 842400GK3<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    250000 | PA      | $177040.00    | 0.00%             | 2048-03-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111GM9<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99574.00     | 0.00%             | 2035-03-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                            | CUSIP: 594918BC7<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    250000 | PA      | $230740.00    | 0.00%             | 2035-02-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31402RAB5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     21300 | PA      | $21515.39     | 0.00%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081FL6<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    150000 | PA      | $120930.00    | 0.00%             | 2044-10-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT LIGHT & PWR                                                          | Connecticut Light and Power Co/The                                                        | CUSIP: 207597ES0<br>LEI: 549300O45IUXEDS1VZ32 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73674.75     | 0.00%             | 2034-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172DD8<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    125000 | PA      | $129753.75    | 0.00%             | 2030-09-07      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | Diamondback Energy Inc                                                                    | CUSIP: 25278XAV1<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    200000 | PA      | $208870.00    | 0.00%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FAL5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248107.50    | 0.00%             | 2028-09-15      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION                                                         | Sabine Pass Liquefaction LLC                                                              | CUSIP: 785592AU0<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247847.50    | 0.00%             | 2028-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179NVM7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     58882 | PA      | $52971.73     | 0.00%             | 2043-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91087BAR1<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    200000 | PA      | $165176.00    | 0.00%             | 2034-02-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CCH5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1410306 | PA      | $1235080.47   | 0.02%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BLACKROCK FUNDING INC                                                            | BlackRock Funding Inc                                                                     | CUSIP: 09290DAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $281127.00    | 0.01%             | 2054-03-14      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Motorola Solutions Inc                                                           | Motorola Solutions Inc                                                                    | CUSIP: 620076BL2<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150268.50    | 0.00%             | 2028-02-23      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| COMERICA INC                                                                     | Comerica Inc                                                                              | CUSIP: 200340AW7<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | DBT              | CORP              | US        |    250000 | PA      | $254272.50    | 0.00%             | 2030-01-30      | Fixed         | 5.98%                 | No            |                  2 | On Loan: No      |
| AMCOR FINANCE USA INC                                                            | Amcor Finance USA Inc                                                                     | CUSIP: 02343UAJ4<br>LEI: 549300ZMT7FVT8R77U18 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76493.25     | 0.00%             | 2033-05-26      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Constellation Brands Inc                                                         | Constellation Brands Inc                                                                  | CUSIP: 21036PAZ1<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    100000 | PA      | $75822.00     | 0.00%             | 2048-02-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YFM2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252332.50    | 0.00%             | 2039-02-07      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| Brighthouse Financial Inc                                                        | Brighthouse Financial Inc                                                                 | CUSIP: 10922NAC7<br>LEI: 5493003T8SZSHOGGAW52 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146611.50    | 0.00%             | 2027-06-22      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LAX9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $87882.00     | 0.00%             | 2045-09-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132J4J26<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     34235 | PA      | $33587.25     | 0.00%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TD SYNNEX CORP                                                                   | TD SYNNEX Corp                                                                            | CUSIP: 87162WAK6<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84897.00     | 0.00%             | 2031-08-09      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                                                 | Ventas Realty LP                                                                          | CUSIP: 92277GAM9<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |    100000 | PA      | $98474.00     | 0.00%             | 2028-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MOLSON COORS BEVERAGE                                                            | Molson Coors Beverage Co                                                                  | CUSIP: 60871RAD2<br>LEI: 54930073LBBH6ZCBE225 | Long             | DBT              | CORP              | US        |    200000 | PA      | $178862.00    | 0.00%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CJD7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    132611 | PA      | $119845.25    | 0.00%             | 2047-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076BF8<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    150000 | PA      | $126321.00    | 0.00%             | 2045-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VMD9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    723880 | PA      | $633952.91    | 0.01%             | 2050-05-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179NQ35<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    104739 | PA      | $94226.59     | 0.00%             | 2043-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61748UAF9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    600000 | PA      | $606390.00    | 0.01%             | 2036-01-18      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                                     | CUSIP: 89788MAR3<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    350000 | PA      | $358022.00    | 0.01%             | 2030-01-24      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                                                              | CDW LLC / CDW Finance Corp                                                                | CUSIP: 12513GBL2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $98678.00     | 0.00%             | 2034-08-22      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                            | CUSIP: 10373QBN9<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    250000 | PA      | $148637.50    | 0.00%             | 2050-11-10      | Fixed         | 2.77%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                               | CUSIP: 438516CU8<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    150000 | PA      | $136908.00    | 0.00%             | 2064-03-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| EVERGY KANSAS CENTRAL                                                            | Evergy Kansas Central Inc                                                                 | CUSIP: 95709TAH3<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81536.00     | 0.00%             | 2042-03-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                                | L3Harris Technologies Inc                                                                 | CUSIP: 502431AQ2<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |    275000 | PA      | $278916.00    | 0.01%             | 2033-07-31      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| SEMPRA                                                                           | Sempra                                                                                    | CUSIP: 816851BS7<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195922.00    | 0.00%             | 2054-10-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6N22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    756634 | PA      | $688505.79    | 0.01%             | 2036-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179NLD8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    294127 | PA      | $269741.66    | 0.01%             | 2043-08-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6GX2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    400631 | PA      | $400981.51    | 0.01%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78017DAF5<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $200752.00    | 0.00%             | 2028-03-27      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661EQ6<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151081.50    | 0.00%             | 2033-07-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78016FZS6<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $249532.50    | 0.00%             | 2027-08-03      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                                   | CUSIP: 824348AW6<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |    250000 | PA      | $245507.50    | 0.00%             | 2027-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                               | Royalty Pharma PLC                                                                        | CUSIP: 78081BAR4<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |     75000 | PA      | $74741.25     | 0.00%             | 2034-09-02      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Energy Co                                                     | Berkshire Hathaway Energy Co                                                              | CUSIP: 59562VBD8<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |    200000 | PA      | $184132.00    | 0.00%             | 2043-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XFG6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149014.50    | 0.00%             | 2032-04-04      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PEU6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    400000 | PA      | $403636.00    | 0.01%             | 2029-01-24      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137BTUM1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2412094 | PA      | $2376942.61   | 0.04%             | 2026-11-25      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                                      | CUSIP: 743315BB8<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100952.00    | 0.00%             | 2033-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U2S1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    650000 | PA      | $622232.00    | 0.01%             | 2028-06-02      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X7ML0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    746709 | PA      | $682425.27    | 0.01%             | 2046-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 89115A2C5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    275000 | PA      | $273036.50    | 0.01%             | 2027-06-08      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31402RJL4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     25007 | PA      | $25260.34     | 0.00%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VALERO ENERGY PARTNERS                                                           | Valero Energy Partners LP                                                                 | CUSIP: 91914JAB8<br>LEI: 549300WH1375KZXLJ231 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149866.50    | 0.00%             | 2028-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                                | CUSIP: 68323AFH2<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    250000 | PA      | $216287.50    | 0.00%             | 2031-02-25      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Hartford Insurance Group Inc/The                                                 | Hartford Insurance Group Inc/The                                                          | CUSIP: 416515BB9<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |     75000 | PA      | $61936.50     | 0.00%             | 2043-04-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YDB2<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    161000 | PA      | $141976.24    | 0.00%             | 2045-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER CO                                                                 | Alabama Power Co                                                                          | CUSIP: 010392FW3<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |    150000 | PA      | $93987.00     | 0.00%             | 2052-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                                              | Fifth Third Bancorp                                                                       | CUSIP: 316773CH1<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    200000 | PA      | $234252.00    | 0.00%             | 2038-03-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas                                                                            | CUSIP: 882722KF7<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |    580000 | PA      | $584556.48    | 0.01%             | 2039-04-01      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844CS5<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    200000 | PA      | $187256.00    | 0.00%             | 2054-08-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                                                                   | Starbucks Corp                                                                            | CUSIP: 855244AS8<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    150000 | PA      | $120621.00    | 0.00%             | 2048-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CFCRE Commercial Mortgage Trust 2016-C7                                          | CFCRE Commercial Mortgage Trust 2016-C7                                                   | CUSIP: 12532BAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2200000 | PA      | $2164028.06   | 0.04%             | 2054-12-10      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280AQ2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $185538.00    | 0.00%             | 2044-03-14      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                                                         | CenterPoint Energy Houston Electric LLC                                                   | CUSIP: 15189XAZ1<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145249.50    | 0.00%             | 2032-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| UNILEVER CAPITAL CORP                                                            | Unilever Capital Corp                                                                     | CUSIP: 904764BQ9<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $128638.50    | 0.00%             | 2031-08-12      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CFG4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    138238 | PA      | $129315.60    | 0.00%             | 2037-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                                        | CUSIP: 86765BAU3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197484.00    | 0.00%             | 2027-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UQ47<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     94078 | PA      | $85099.59     | 0.00%             | 2049-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Alcan Inc                                                              | Rio Tinto Alcan Inc                                                                       | CUSIP: 013716AU9<br>LEI: 2138007ZSQ7B17SKOX77 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $160606.50    | 0.00%             | 2033-12-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31368HNN9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    164664 | PA      | $165789.26    | 0.00%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DNJ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    218383 | PA      | $195998.49    | 0.00%             | 2050-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                                                     | QUALCOMM Inc                                                                              | CUSIP: 747525BT9<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    225000 | PA      | $231293.25    | 0.00%             | 2053-05-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | Kansas Development Finance Authority                                                      | CUSIP: 485429Z72<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |    100000 | PA      | $91782.70     | 0.00%             | 2045-04-15      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FCH8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2693063 | PA      | $2722401.90   | 0.05%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                                 | CUSIP: 037833CX6<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195970.00    | 0.00%             | 2027-06-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                                     | CUSIP: 88579EAC9<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102787.00    | 0.00%             | 2037-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Takeda Pharmaceutical Co Ltd                                                     | Takeda Pharmaceutical Co Ltd                                                              | CUSIP: 874060AW6<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $253377.50    | 0.00%             | 2028-11-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF NOTRE DAME                                                               | University of Notre Dame du Lac                                                           | CUSIP: 914748AA6<br>LEI: XV74408A6JGDG5126L34 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71824.00     | 0.00%             | 2048-02-15      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWB51<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4714084 | PA      | $3685737.18   | 0.07%             | 2051-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SWW3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    223815 | PA      | $197781.86    | 0.00%             | 2047-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | Fiserv Inc                                                                                | CUSIP: 337738BB3<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    250000 | PA      | $239317.50    | 0.00%             | 2027-06-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                                | CUSIP: 871829BH9<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80768.00     | 0.00%             | 2048-03-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Laboratory Corp of America Holdings                                              | Laboratory Corp of America Holdings                                                       | CUSIP: 50540RAS1<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |    150000 | PA      | $127267.50    | 0.00%             | 2045-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                             | CUSIP: 571903BM4<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101048.00    | 0.00%             | 2026-09-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia/The                                                          | Bank of Nova Scotia/The                                                                   | CUSIP: 0641594A1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $193776.00    | 0.00%             | 2026-06-24      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                                 | CUSIP: 674599EC5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103223.00    | 0.00%             | 2028-09-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                                           | Santander Holdings USA Inc                                                                | CUSIP: 80282KBL9<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153813.00    | 0.00%             | 2035-05-31      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3131XWAY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    586844 | PA      | $534565.07    | 0.01%             | 2047-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GKC2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    400000 | PA      | $334608.00    | 0.01%             | 2036-09-21      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| APPLIED MATERIALS INC                                                            | Applied Materials Inc                                                                     | CUSIP: 038222AS4<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153013.50    | 0.00%             | 2029-06-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                     | Centene Corp                                                                              | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    700000 | PA      | $674338.00    | 0.01%             | 2029-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457CF3<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199302.00    | 0.00%             | 2033-02-27      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc                                                  | Philip Morris International Inc                                                           | CUSIP: 718172AC3<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    250000 | PA      | $271727.50    | 0.01%             | 2038-05-16      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PEPSICO SINGAPORE FIN                                                            | Pepsico Singapore Financing I Pte Ltd                                                     | CUSIP: 713466AA8<br>LEI: 254900DOMTCMUFROFJ76 | Long             | DBT              | CORP              | SG        |    100000 | PA      | $100788.00    | 0.00%             | 2027-02-16      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312939JD4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     77870 | PA      | $77040.69     | 0.00%             | 2040-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QDZJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2822025 | PA      | $2327821.44   | 0.04%             | 2050-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91086QAG3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    150000 | PA      | $175927.50    | 0.00%             | 2031-08-15      | Fixed         | 8.30%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EXD6<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101105.00    | 0.00%             | 2026-09-08      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128P8EW7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     47721 | PA      | $44591.52     | 0.00%             | 2037-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                                     | ING Groep NV                                                                              | CUSIP: 456837AH6<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $198122.00    | 0.00%             | 2027-03-29      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | Port Authority of New York & New Jersey                                                   | CUSIP: 73358WCX0<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103065.30    | 0.00%             | 2040-11-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076CA8<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194144.00    | 0.00%             | 2027-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ALLEGION US HOLDING CO                                                           | Allegion US Holding Co Inc                                                                | CUSIP: 01748NAE4<br>LEI: 5493002B66JX7J7SXI33 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73171.50     | 0.00%             | 2027-10-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| VERALTO CORP                                                                     | Veralto Corp                                                                              | CUSIP: 92338CAB9<br>LEI: 635400FJE6GSOJUSNY27 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101128.00    | 0.00%             | 2026-09-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Republic of Poland Government International Bonds                                | Republic of Poland Government International Bonds                                         | CUSIP: 731011AZ5<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    700000 | PA      | $637070.00    | 0.01%             | 2054-03-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | Boeing Co/The                                                                             | CUSIP: 097023DP7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205776.00    | 0.00%             | 2027-05-01      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DTL6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     51127 | PA      | $45317.71     | 0.00%             | 2035-10-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | University of California                                                                  | CUSIP: 91412HGG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $220215.75    | 0.00%             | 2030-05-15      | Fixed         | 1.61%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X8JQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    396425 | PA      | $390434.07    | 0.01%             | 2034-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DCY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    126278 | PA      | $113369.66    | 0.00%             | 2049-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PIEDMONT NATURAL GAS CO                                                          | Piedmont Natural Gas Co Inc                                                               | CUSIP: 720186AP0<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |     50000 | PA      | $42705.50     | 0.00%             | 2052-05-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650DK3<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80898.00     | 0.00%             | 2040-04-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                                 | Altria Group Inc                                                                          | CUSIP: 02209SBR3<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    100000 | PA      | $109856.00    | 0.00%             | 2033-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                                                              | Dow Chemical Co/The                                                                       | CUSIP: 260543DK6<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88541.00     | 0.00%             | 2054-02-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWBY8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4577916 | PA      | $3573979.82   | 0.07%             | 2051-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PFA5<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200478.00    | 0.00%             | 2031-04-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| GEN LUX SARL/GEN USA INC                                                         | Genpact Luxembourg SARL/Genpact USA Inc                                                   | CUSIP: 37190AAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    150000 | PA      | $154869.00    | 0.00%             | 2029-06-04      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WRKCo Inc                                                                        | WRKCo Inc                                                                                 | CUSIP: 92940PAD6<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100568.00    | 0.00%             | 2029-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| STEWART INFORMATION SERV                                                         | Stewart Information Services Corp                                                         | CUSIP: 86038AAA0<br>LEI: 529900TV1XI0PLKENU10 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88764.00     | 0.00%             | 2031-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WF4G8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    214896 | PA      | $202083.44    | 0.00%             | 2045-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475BY0<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201188.00    | 0.00%             | 2027-07-23      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | Diamondback Energy Inc                                                                    | CUSIP: 25278XBC2<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197646.00    | 0.00%             | 2035-04-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XQW9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    809650 | PA      | $788686.10    | 0.01%             | 2053-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Boston Scientific Corp                                                           | Boston Scientific Corp                                                                    | CUSIP: 101137AL1<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | DBT              | CORP              | US        |     75000 | PA      | $88636.50     | 0.00%             | 2040-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| BAKER HUGHES LLC/CO-OBL                                                          | Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc                                   | CUSIP: 05723KAG5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $94287.00     | 0.00%             | 2029-11-07      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJSJ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    141220 | PA      | $123511.98    | 0.00%             | 2043-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                               | CUSIP: 68389XCE3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    500000 | PA      | $451205.00    | 0.01%             | 2031-03-25      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308JM0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    550000 | PA      | $533126.00    | 0.01%             | 2030-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2020-C58                                            | CUSIP: 95002UAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1645000 | PA      | $1420332.81   | 0.03%             | 2053-07-15      | Fixed         | 2.09%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                                | CUSIP: 14040HDE2<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205242.00    | 0.00%             | 2030-02-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| ATLASSIAN CORPORATION                                                            | Atlassian Corp                                                                            | CUSIP: 049468AB7<br>LEI: 549300V7ZY5P02D2MY38 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101046.00    | 0.00%             | 2034-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ABS3<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139762.50    | 0.00%             | 2029-02-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| BAYLOR SCOTT & WHITE HOL                                                         | Baylor Scott & White Holdings                                                             | CUSIP: 072863AH6<br>LEI: 549300JQDKSBWYRGGV95 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86255.00     | 0.00%             | 2030-11-15      | Fixed         | 1.78%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                                | CUSIP: 444859BU5<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102672.00    | 0.00%             | 2028-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDI                                                                 | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397B69<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $172306.00    | 0.00%             | 2031-06-17      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| KEYCORP                                                                          | KeyCorp                                                                                   | CUSIP: 49326EEP4<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |    150000 | PA      | $157522.50    | 0.00%             | 2035-03-06      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                                                         | Discovery Communications LLC                                                              | CUSIP: 25470DBL2<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     75000 | PA      | $41265.00     | 0.00%             | 2055-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORPORATION                                                             | M&T Bank Corp                                                                             | CUSIP: 55261FAR5<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |    250000 | PA      | $242292.50    | 0.00%             | 2034-01-27      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                            | CUSIP: 78409VBF0<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151524.00    | 0.00%             | 2028-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36180ACC5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    280551 | PA      | $286656.42    | 0.01%             | 2054-10-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                                     | CUSIP: 89788MAK8<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156846.00    | 0.00%             | 2033-10-28      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132JPMZ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     22086 | PA      | $21016.35     | 0.00%             | 2043-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140BW9<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    250000 | PA      | $143767.50    | 0.00%             | 2051-08-12      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Nokia OYJ                                                                        | Nokia Oyj                                                                                 | CUSIP: 654902AC9<br>LEI: 549300A0JPRWG1KI7U06 | Long             | DBT              | CORP              | FI        |    100000 | PA      | $101828.00    | 0.00%             | 2039-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D56V9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    970933 | PA      | $882585.38    | 0.02%             | 2036-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748BR2<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105314.00    | 0.00%             | 2032-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WTX6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1992501 | PA      | $1602069.15   | 0.03%             | 2051-12-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YRG1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    638874 | PA      | $621872.88    | 0.01%             | 2054-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                            | CUSIP: 00914AAM4<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    250000 | PA      | $241817.50    | 0.00%             | 2026-08-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XVU7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    922782 | PA      | $937322.10    | 0.02%             | 2053-03-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216CU2<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    300000 | PA      | $285633.00    | 0.01%             | 2027-06-01      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL CAP FND                                                            | Golub Capital Private Credit Fund                                                         | CUSIP: 38179RAC9<br>LEI: 254900B5KBW6OY1F9951 | Long             | DBT              | CORP              | US        |     95000 | PA      | $94298.90     | 0.00%             | 2030-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYSV2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     71067 | PA      | $63058.26     | 0.00%             | 2040-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                                                            | Huntington Bancshares Inc/OH                                                              | CUSIP: 446150BD5<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201166.00    | 0.00%             | 2035-02-02      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Airport System Revenue                                      | County of Broward Airport System Revenue                                                  | CUSIP: 114894ZW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $79633.20     | 0.00%             | 2043-10-01      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                                    | CUSIP: 202795JK7<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145827.00    | 0.00%             | 2027-08-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| EPR PROPERTIES                                                                   | EPR Properties                                                                            | CUSIP: 26884UAG4<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              |  | US        |    100000 | PA      | $89267.00     | 0.00%             | 2031-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                         | CUSIP: 30040WBA5<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156349.50    | 0.00%             | 2031-04-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| OHIO POWER COMPANY                                                               | Ohio Power Co                                                                             | CUSIP: 677415CV1<br>LEI: 06ZODLC132CY1O2Y7D77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97960.00     | 0.00%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CNA5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8000000 | PA      | $7924375.04   | 0.15%             | 2032-04-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MDU1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $204692.00    | 0.00%             | 2035-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                                                          | Jefferies Financial Group Inc                                                             | CUSIP: 47233JDX3<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82816.00     | 0.00%             | 2032-10-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406RBM8<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    250000 | PA      | $261937.50    | 0.00%             | 2033-10-25      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| ARES MANAGEMENT CORP                                                             | Ares Management Corp                                                                      | CUSIP: 03990BAA9<br>LEI: 529900JUV61FH7B8VW38 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105434.00    | 0.00%             | 2028-11-10      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| JOHNSONVILLE AERO COMBST                                                         | Johnsonville Aeroderivative Combustion Turbine Generation LLC                             | CUSIP: 479281AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    124227 | PA      | $116404.75    | 0.00%             | 2054-10-01      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                               | CUSIP: 931142CY7<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49621.00     | 0.00%             | 2040-10-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                                 | CUSIP: 775109AL5<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |     50000 | PA      | $56758.00     | 0.00%             | 2038-08-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CHILDREN'S HOSPITAL CORP                                                         | Children's Hospital Corp/The                                                              | CUSIP: 16876BAB8<br>LEI: 549300NXFO6BISJLOS32 | Long             | DBT              | CORP              | US        |     80000 | PA      | $46664.80     | 0.00%             | 2050-02-01      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 3620A9YX3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     42236 | PA      | $41601.42     | 0.00%             | 2039-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                                    | Boeing Co/The                                                                             | CUSIP: 097023BX2<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72195.75     | 0.00%             | 2028-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QKQJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3170536 | PA      | $2589701.44   | 0.05%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680BG7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156384.00    | 0.00%             | 2032-11-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844CH9<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    125000 | PA      | $77572.50     | 0.00%             | 2055-05-15      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                                         | Western Midstream Operating LP                                                            | CUSIP: 958667AC1<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190222.00    | 0.00%             | 2030-02-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                          | CUSIP: 06368LGV2<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $254957.50    | 0.00%             | 2028-02-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL SA                                                         | TotalEnergies Capital SA                                                                  | CUSIP: 89157XAB7<br>LEI: 529900QI55ZLJVCMPA71 | Long             | DBT              | CORP              | FR        |    325000 | PA      | $304092.75    | 0.01%             | 2054-04-05      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| TWDC Enterprises 18 Corp                                                         | TWDC Enterprises 18 Corp                                                                  | CUSIP: 25468PCP9<br>LEI: 7260JQNI6SCF9FIV2392 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86265.00     | 0.00%             | 2041-08-16      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                                                          | American Electric Power Co Inc                                                            | CUSIP: 025537AY7<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152970.00    | 0.00%             | 2029-01-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D55S7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1269422 | PA      | $1155868.02   | 0.02%             | 2035-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397D83<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199844.00    | 0.00%             | 2027-03-05      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RAILWAY                                                            | Canadian National Railway Co                                                              | CUSIP: 136375DC3<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $140325.00    | 0.00%             | 2032-08-05      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| BLUE OWL TECHNOLOGY FINA                                                         | Blue Owl Technology Finance Corp                                                          | CUSIP: 691205AG3<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94561.00     | 0.00%             | 2027-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                                   | CUSIP: 808513CA1<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    150000 | PA      | $132436.50    | 0.00%             | 2032-03-03      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GC44<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    600000 | PA      | $604632.00    | 0.01%             | 2036-01-28      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                                     | NiSource Inc                                                                              | CUSIP: 65473PAM7<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     75000 | PA      | $64429.50     | 0.00%             | 2052-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IBM INTERNAT CAPITAL                                                             | IBM International Capital Pte Ltd                                                         | CUSIP: 449276AF1<br>LEI: 2549007KTXQQBYZO7485 | Long             | DBT              | CORP              | SG        |    200000 | PA      | $188018.00    | 0.00%             | 2044-02-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                               | Royalty Pharma PLC                                                                        | CUSIP: 78081BAQ6<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |     75000 | PA      | $75873.00     | 0.00%             | 2029-09-02      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132HMK91<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     48113 | PA      | $44609.53     | 0.00%             | 2042-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WAXQ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    110362 | PA      | $108406.33    | 0.00%             | 2044-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MEVP3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     54511 | PA      | $53706.71     | 0.00%             | 2030-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MT SINAI HOSPITAL                                                                | Mount Sinai Hospital/The                                                                  | CUSIP: 623115AE2<br>LEI: 549300IJEDK5LH7YPT15 | Long             | DBT              | CORP              | US        |    100000 | PA      | $64069.00     | 0.00%             | 2049-07-01      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                                                | Cisco Systems Inc                                                                         | CUSIP: 17275RAD4<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |    375000 | PA      | $395040.00    | 0.01%             | 2039-02-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                          | CUSIP: 05526DCC7<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175460.25    | 0.00%             | 2035-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DBG6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    113544 | PA      | $105543.83    | 0.00%             | 2049-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179NBC1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    252907 | PA      | $240094.30    | 0.00%             | 2043-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418AXZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     31702 | PA      | $31103.82     | 0.00%             | 2033-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ENTERGY CORP                                                                     | Entergy Corp                                                                              | CUSIP: 29364GAP8<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |    150000 | PA      | $130741.50    | 0.00%             | 2031-06-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| VMWARE LLC                                                                       | VMware LLC                                                                                | CUSIP: 928563AK1<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |    200000 | PA      | $183214.00    | 0.00%             | 2028-08-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661ED5<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91825.00     | 0.00%             | 2028-09-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV5T8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    189325 | PA      | $175309.79    | 0.00%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844CQ9<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96271.00     | 0.00%             | 2033-03-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D3M2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    817248 | PA      | $740089.75    | 0.01%             | 2036-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FOX CORP                                                                         | Fox Corp                                                                                  | CUSIP: 35137LAN5<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |    200000 | PA      | $214210.00    | 0.00%             | 2033-10-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Brookfield Finance Inc                                                           | Brookfield Finance Inc                                                                    | CUSIP: 11271LAD4<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $150288.00    | 0.00%             | 2029-03-29      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                                       | CUSIP: 65535HBM0<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $207756.00    | 0.00%             | 2028-07-12      | Fixed         | 6.07%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418ACM8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    206860 | PA      | $191546.35    | 0.00%             | 2042-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EXE4<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    175000 | PA      | $178265.50    | 0.00%             | 2033-09-08      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M83D4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     38746 | PA      | $37292.44     | 0.00%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indonesia Government International Bonds                                         | Indonesia Government International Bonds                                                  | CUSIP: 455780CE4<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    400000 | PA      | $328644.00    | 0.01%             | 2048-01-11      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC                                                                       | Nasdaq Inc                                                                                | CUSIP: 63111XAE1<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |    150000 | PA      | $101112.00    | 0.00%             | 2040-12-21      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XX84<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    781936 | PA      | $800113.97    | 0.02%             | 2053-04-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076CP5<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    250000 | PA      | $228727.50    | 0.00%             | 2032-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Marathon Petroleum Corp                                                          | Marathon Petroleum Corp                                                                   | CUSIP: 56585ABE1<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |     50000 | PA      | $37230.50     | 0.00%             | 2048-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                            | CUSIP: 58933YBB0<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    250000 | PA      | $142470.00    | 0.00%             | 2050-06-24      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN INVEST CO                                                         | Inter-American Investment Corp                                                            | CUSIP: 45828Q2D8<br>LEI: 5493001X4LH60PFRL744 | Long             | DBT              | NUSS              | XX        |    150000 | PA      | $150892.50    | 0.00%             | 2029-02-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Stryker Corp                                                                     | Stryker Corp                                                                              | CUSIP: 863667AQ4<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147145.50    | 0.00%             | 2028-03-07      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC                                                           | CenterPoint Energy Inc                                                                    | CUSIP: 15189TBA4<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72735.00     | 0.00%             | 2026-06-01      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Harley-Davidson Inc                                                              | Harley-Davidson Inc                                                                       | CUSIP: 412822AE8<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | DBT              | CORP              | US        |     75000 | PA      | $58815.00     | 0.00%             | 2045-07-28      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PBE1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $161811.00    | 0.00%             | 2037-11-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Northern States Power Co/MN                                                      | Northern States Power Co/MN                                                               | CUSIP: 665772CR8<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |    150000 | PA      | $94335.00     | 0.00%             | 2050-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                                | CUSIP: 500630DP0<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |    250000 | PA      | $215917.50    | 0.00%             | 2031-10-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CHOICE HOTELS INTL INC                                                           | Choice Hotels International Inc                                                           | CUSIP: 169905AH9<br>LEI: 5493003CYRY5RFGTIR97 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98541.00     | 0.00%             | 2034-08-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138E5YJ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     18175 | PA      | $17933.34     | 0.00%             | 2027-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE OP CO                                                             | Public Storage Operating Co                                                               | CUSIP: 74460DAG4<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              |  | US        |    150000 | PA      | $144022.50    | 0.00%             | 2026-11-09      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                                                              | Dollar General Corp                                                                       | CUSIP: 256677AP0<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200852.00    | 0.00%             | 2033-07-05      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| APTIV SWISS HOLDINGS LTD                                                         | Aptiv Swiss Holdings Ltd                                                                  | CUSIP: 00217GAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |    200000 | PA      | $175746.00    | 0.00%             | 2032-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X5F40<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     58217 | PA      | $57511.35     | 0.00%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CDW8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9900000 | PA      | $9180316.43   | 0.17%             | 2029-01-31      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QPYD3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1492992 | PA      | $1462447.33   | 0.03%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 3618N5KY4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     99711 | PA      | $102217.52    | 0.00%             | 2055-04-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                              | CUSIP: 883556CW0<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153331.50    | 0.00%             | 2030-08-10      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| IDEX CORP                                                                        | IDEX Corp                                                                                 | CUSIP: 45167RAH7<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65905.50     | 0.00%             | 2031-06-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp                                                        | Occidental Petroleum Corp                                                                 | CUSIP: 674599DH5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     75000 | PA      | $81360.00     | 0.00%             | 2039-06-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DMA62<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    437965 | PA      | $386555.66    | 0.01%             | 2047-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | State of California                                                                       | CUSIP: 13063BJC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $353933.40    | 0.01%             | 2040-11-01      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                                                   | Salesforce Inc                                                                            | CUSIP: 79466LAH7<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138535.50    | 0.00%             | 2028-07-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                           | CUSIP: 126650CM0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93475.00     | 0.00%             | 2035-07-20      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PCD2<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81450.00     | 0.00%             | 2043-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Sprint Capital Corp                                                              | Sprint Capital Corp                                                                       | CUSIP: 852060AD4<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |    500000 | PA      | $535030.00    | 0.01%             | 2028-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | Golden State Tobacco Securitization Corp.                                                 | CUSIP: 38122ND66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $69240.20     | 0.00%             | 2050-06-01      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                                                               | Cenovus Energy Inc                                                                        | CUSIP: 15135UAF6<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $105437.00    | 0.00%             | 2039-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FLOWERS FOODS INC                                                                | Flowers Foods Inc                                                                         | CUSIP: 343498AE1<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73119.75     | 0.00%             | 2055-03-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | Sutter Health                                                                             | CUSIP: 86944BAG8<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89025.00     | 0.00%             | 2030-08-15      | Fixed         | 2.29%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140HJJP7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     93594 | PA      | $92457.87     | 0.00%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONEOK Inc                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680AV5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $168514.00    | 0.00%             | 2048-07-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                                                              | Estee Lauder Cos Inc/The                                                                  | CUSIP: 29736RAP5<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91451.00     | 0.00%             | 2029-12-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31288KA78<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    157504 | PA      | $161679.53    | 0.00%             | 2033-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Boston Scientific Corp                                                           | Boston Scientific Corp                                                                    | CUSIP: 101137AU1<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | DBT              | CORP              | US        |    150000 | PA      | $131355.00    | 0.00%             | 2049-03-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                               | Meta Platforms Inc                                                                        | CUSIP: 30303M8G0<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    450000 | PA      | $444415.50    | 0.01%             | 2027-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                                                      | Nutrien Ltd                                                                               | CUSIP: 67077MAQ1<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     45000 | PA      | $45163.35     | 0.00%             | 2041-01-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                                                              | Estee Lauder Cos Inc/The                                                                  | CUSIP: 29736RAC4<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |     90000 | PA      | $94554.90     | 0.00%             | 2037-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                                                             | Targa Resources Corp                                                                      | CUSIP: 87612GAK7<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    175000 | PA      | $171288.25    | 0.00%             | 2035-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                       | PacifiCorp                                                                                | CUSIP: 695114CN6<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     75000 | PA      | $58791.75     | 0.00%             | 2042-02-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132E0NS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2504694 | PA      | $2065195.84   | 0.04%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GZM9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    700000 | PA      | $618422.00    | 0.01%             | 2033-02-24      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| AON CORP/AON GLOBAL HOLD                                                         | Aon Corp / Aon Global Holdings PLC                                                        | CUSIP: 03740LAG7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    100000 | PA      | $101729.00    | 0.00%             | 2033-02-28      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Canadian Natural Resources Ltd                                                   | Canadian Natural Resources Ltd                                                            | CUSIP: 136385AE1<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |    195000 | PA      | $204859.20    | 0.00%             | 2033-06-30      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                                     | NiSource Inc                                                                              | CUSIP: 65473PAJ4<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142821.00    | 0.00%             | 2030-05-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                                                 | LPL Holdings Inc                                                                          | CUSIP: 50212YAJ3<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101691.00    | 0.00%             | 2027-05-20      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                          | CUSIP: 06368L3L8<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $155118.00    | 0.00%             | 2031-06-04      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2017-C41                                            | CUSIP: 95001ABD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $290956.64    | 0.01%             | 2050-11-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| ENTERGY ARKANSAS LLC                                                             | Entergy Arkansas LLC                                                                      | CUSIP: 29366MAB4<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |    100000 | PA      | $57018.00     | 0.00%             | 2051-06-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Marathon Petroleum Corp                                                          | Marathon Petroleum Corp                                                                   | CUSIP: 56585AAF9<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |    250000 | PA      | $254107.50    | 0.00%             | 2041-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833DP2<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    350000 | PA      | $323060.50    | 0.01%             | 2029-09-11      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                                                                 | Kilroy Realty LP                                                                          | CUSIP: 49427RAS1<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              |  | US        |     75000 | PA      | $73264.50     | 0.00%             | 2036-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ESSENTIAL UTILITIES INC                                                          | Essential Utilities Inc                                                                   | CUSIP: 29670GAD4<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91124.00     | 0.00%             | 2030-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYVN6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    725413 | PA      | $613961.03    | 0.01%             | 2041-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BHP BILLITON FIN USA LTD                                                         | BHP Billiton Finance USA Ltd                                                              | CUSIP: 055451AZ1<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | CORP              | AU        |    200000 | PA      | $202546.00    | 0.00%             | 2028-02-28      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Southern California Edison Co                                                    | Southern California Edison Co                                                             | CUSIP: 842400FH1<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98066.00     | 0.00%             | 2038-02-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ACCENTURE CAPITAL INC                                                            | Accenture Capital Inc                                                                     | CUSIP: 00440KAA1<br>LEI: 254900FRO0P7RIINYT25 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198728.00    | 0.00%             | 2027-10-04      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VSG6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3077627 | PA      | $2586374.86   | 0.05%             | 2050-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XLQW1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1219831 | PA      | $1247424.95   | 0.02%             | 2053-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 172967NS6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300099.00    | 0.01%             | 2028-05-24      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132GS5M7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     52064 | PA      | $49799.04     | 0.00%             | 2042-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp                                                       | Capital One Financial Corp                                                                | CUSIP: 14040HBN4<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    300000 | PA      | $296250.00    | 0.01%             | 2027-03-09      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| EQUIFAX INC                                                                      | Equifax Inc                                                                               | CUSIP: 294429AW5<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151873.50    | 0.00%             | 2028-06-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                                        | CUSIP: 86765BAQ2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    175000 | PA      | $153167.00    | 0.00%             | 2045-05-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Telefonica Emisiones SAU                                                         | Telefonica Emisiones SA                                                                   | CUSIP: 87938WAW3<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |    150000 | PA      | $123252.00    | 0.00%             | 2048-03-06      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                                                         | American Water Capital Corp                                                               | CUSIP: 03040WBD6<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99921.00     | 0.00%             | 2034-03-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QTH36<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    713421 | PA      | $733850.65    | 0.01%             | 2053-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                                                           | Morgan Stanley Bank NA                                                                    | CUSIP: 61690U8B9<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |    350000 | PA      | $356359.50    | 0.01%             | 2028-05-26      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc                      | Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc                               | CUSIP: 03522AAH3<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    805000 | PA      | $773621.10    | 0.01%             | 2036-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                                                         | Prudential Financial Inc                                                                  | CUSIP: 744320BP6<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204252.00    | 0.00%             | 2054-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                                                 | Kilroy Realty LP                                                                          | CUSIP: 49427RAN2<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              |  | US        |    100000 | PA      | $98150.00     | 0.00%             | 2028-12-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CG99<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     58314 | PA      | $55649.07     | 0.00%             | 2037-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810QN1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2200000 | PA      | $2188656.25   | 0.04%             | 2041-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                                                               | Expand Energy Corp                                                                        | CUSIP: 845467AS8<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199064.00    | 0.00%             | 2030-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                                                      | Netflix Inc                                                                               | CUSIP: 64110LAX4<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    225000 | PA      | $241060.50    | 0.00%             | 2029-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | Moody's Corp                                                                              | CUSIP: 615369BA2<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99462.00     | 0.00%             | 2034-08-05      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REXFORD INDUSTRIAL REALT                                                         | Rexford Industrial Realty LP                                                              | CUSIP: 76169XAB0<br>LEI: 549300028US163ELJN70 | Long             | DBT              |  | US        |    150000 | PA      | $126411.00    | 0.00%             | 2031-09-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DNE8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    146283 | PA      | $134095.10    | 0.00%             | 2040-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Dow Chemical Co/The                                                              | Dow Chemical Co/The                                                                       | CUSIP: 260543BJ1<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |     75000 | PA      | $82578.00     | 0.00%             | 2029-11-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| RAYMOND JAMES FINANCIAL                                                          | Raymond James Financial Inc                                                               | CUSIP: 754730AH2<br>LEI: RGUZHJ05YTITL6D76949 | Long             | DBT              | CORP              | US        |    150000 | PA      | $106819.50    | 0.00%             | 2051-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FMC CORP                                                                         | FMC Corp                                                                                  | CUSIP: 302491AY1<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92093.00     | 0.00%             | 2053-05-18      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| DUKE UNIVERSITY HEALTH                                                           | Duke University Health System Inc                                                         | CUSIP: 26443CAA1<br>LEI: SYIJ9BNVFR17R33OPQ57 | Long             | DBT              | CORP              | US        |    150000 | PA      | $114768.00    | 0.00%             | 2047-06-01      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DGF3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    224325 | PA      | $209532.64    | 0.00%             | 2034-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                                                | Cisco Systems Inc                                                                         | CUSIP: 17275RBS0<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255150.00    | 0.00%             | 2031-02-26      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Union Electric Co                                                                | Union Electric Co                                                                         | CUSIP: 906548CH3<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |    100000 | PA      | $125437.00    | 0.00%             | 2039-03-15      | Fixed         | 8.45%                 | No            |                  2 | On Loan: No      |
| Lam Research Corp                                                                | Lam Research Corp                                                                         | CUSIP: 512807AU2<br>LEI: 549300I4GMO6D34U1T02 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147985.50    | 0.00%             | 2029-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWJF1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2607965 | PA      | $2587735.72   | 0.05%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                            | CUSIP: 78409VAS3<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     50000 | PA      | $42645.50     | 0.00%             | 2030-08-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Avangrid Inc                                                                     | Avangrid Inc                                                                              | CUSIP: 05351WAB9<br>LEI: 549300OX0Q38NLSKPB49 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96614.00     | 0.00%             | 2029-06-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 9128284V9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11550000 | PA      | $11203500.00  | 0.21%             | 2028-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev Finance Inc                                                 | Anheuser-Busch InBev Finance Inc                                                          | CUSIP: 035242AN6<br>LEI: 5493000EYEKDT0FBSQ91 | Long             | DBT              | CORP              | US        |    200000 | PA      | $180180.00    | 0.00%             | 2046-02-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| WOODSIDE FINANCE LTD                                                             | Woodside Finance Ltd                                                                      | CUSIP: 980236AR4<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | AU        |    225000 | PA      | $211601.25    | 0.00%             | 2034-09-12      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EY87<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    161655 | PA      | $170745.86    | 0.00%             | 2053-12-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| KELLANOVA                                                                        | Kellanova                                                                                 | CUSIP: 487836BX5<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | DBT              | CORP              | US        |    150000 | PA      | $133420.50    | 0.00%             | 2030-06-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135CP9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    350000 | PA      | $353878.00    | 0.01%             | 2027-12-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                                | L3Harris Technologies Inc                                                                 | CUSIP: 502431AF6<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46312.00     | 0.00%             | 2029-12-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| General Dynamics Corp                                                            | General Dynamics Corp                                                                     | CUSIP: 369550AX6<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97618.00     | 0.00%             | 2026-08-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EE63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1627492 | PA      | $1540423.21   | 0.03%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X5KU6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    511676 | PA      | $469735.75    | 0.01%             | 2046-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818GH5<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    175000 | PA      | $169853.25    | 0.00%             | 2054-12-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| ASSURANT INC                                                                     | Assurant Inc                                                                              | CUSIP: 04621XAM0<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94051.00     | 0.00%             | 2030-02-22      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Tanger Properties LP                                                             | Tanger Properties LP                                                                      | CUSIP: 875484AK3<br>LEI: PQPGJDNFN35EXH363L31 | Long             | DBT              |  | US        |    100000 | PA      | $98268.00     | 0.00%             | 2027-07-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MASS GENERAL BRIGHAM INC                                                         | Mass General Brigham Inc                                                                  | CUSIP: 70213HAC2<br>LEI: 5493007Z86EDN0QFYU66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76745.00     | 0.00%             | 2055-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: —       |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200KZ3<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    150000 | PA      | $133857.00    | 0.00%             | 2053-02-06      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| RUSH OBLIGATED GROUP                                                             | Rush Obligated Group                                                                      | CUSIP: 78200JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $97429.00     | 0.00%             | 2029-11-15      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| Constellation Brands Inc                                                         | Constellation Brands Inc                                                                  | CUSIP: 21036PAT5<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     75000 | PA      | $60674.25     | 0.00%             | 2047-05-09      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                                   | CUSIP: 824348BT2<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75014.25     | 0.00%             | 2031-09-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 969457BX7<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140434.50    | 0.00%             | 2030-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122EL8<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    350000 | PA      | $332048.50    | 0.01%             | 2064-02-22      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31292LYB5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      9043 | PA      | $8149.78      | 0.00%             | 2042-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SABRA HEALTH CARE LP                                                             | Sabra Health Care LP                                                                      | CUSIP: 78572XAG6<br>LEI: 549300OVKLRFSIQG0H81 | Long             | DBT              |  | US        |    100000 | PA      | $93735.00     | 0.00%             | 2029-10-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                                | CUSIP: 717081EK5<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $160422.00    | 0.00%             | 2048-09-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                                  | CUSIP: 298785JY3<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    750000 | PA      | $763867.50    | 0.01%             | 2028-10-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                                | CUSIP: 68323AFF6<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    300000 | PA      | $294216.00    | 0.01%             | 2026-06-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172DN6<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125473.75    | 0.00%             | 2029-11-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| PPG Industries Inc                                                               | PPG Industries Inc                                                                        | CUSIP: 693506BP1<br>LEI: 549300BKPEP01R3V6C59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98193.00     | 0.00%             | 2028-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                         | CUSIP: 208251AE8<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    150000 | PA      | $162798.00    | 0.00%             | 2029-04-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MEK6<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92121.00     | 0.00%             | 2040-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810UB2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7900000 | PA      | $7609304.73   | 0.14%             | 2044-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                                   | Merck & Co Inc                                                                            | CUSIP: 58933YAW5<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    300000 | PA      | $233385.00    | 0.00%             | 2049-03-07      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TKU8<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149761.50    | 0.00%             | 2030-05-17      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J5GG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     43977 | PA      | $45899.17     | 0.00%             | 2041-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QCKV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    483688 | PA      | $434339.94    | 0.01%             | 2049-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128P73Q4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     26747 | PA      | $25563.91     | 0.00%             | 2033-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31410KJT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     37626 | PA      | $39204.52     | 0.00%             | 2037-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                                                             | Howmet Aerospace Inc                                                                      | CUSIP: 013817AK7<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104947.00    | 0.00%             | 2037-02-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Willis North America Inc                                                         | Willis North America Inc                                                                  | CUSIP: 970648AH4<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |     75000 | PA      | $64667.25     | 0.00%             | 2048-09-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| JOHNSON CONTROLS/TYCO FI                                                         | Johnson Controls International plc / Tyco Fire & Security Finance SCA                     | CUSIP: 47837RAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    150000 | PA      | $130194.00    | 0.00%             | 2030-09-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| AMCOR FLEXIBLES NORTH AM                                                         | Amcor Flexibles North America Inc                                                         | CUSIP: 02344AAE8<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148732.50    | 0.00%             | 2035-03-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140H1WJ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    159308 | PA      | $143683.00    | 0.00%             | 2048-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YAS8<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    550000 | PA      | $483301.50    | 0.01%             | 2045-05-14      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                               | Meta Platforms Inc                                                                        | CUSIP: 30303M8J4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    500000 | PA      | $413900.00    | 0.01%             | 2052-08-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Union Electric Co                                                                | Union Electric Co                                                                         | CUSIP: 906548CP5<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145156.50    | 0.00%             | 2029-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132HRMN7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     29788 | PA      | $27622.22     | 0.00%             | 2043-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                                           | Santander Holdings USA Inc                                                                | CUSIP: 80282KBN5<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151228.50    | 0.00%             | 2029-03-20      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748BU5<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102458.00    | 0.00%             | 2033-09-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Finance Corp                                                  | Berkshire Hathaway Finance Corp                                                           | CUSIP: 084664CQ2<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    275000 | PA      | $225824.50    | 0.00%             | 2048-08-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 94974BFY1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    450000 | PA      | $447673.50    | 0.01%             | 2026-06-03      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CHA2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7500000 | PA      | $7426464.83   | 0.14%             | 2028-04-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Oncor Electric Delivery Co LLC                                                   | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JAF1<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     75000 | PA      | $88767.75     | 0.00%             | 2038-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830AW9<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102652.00    | 0.00%             | 2040-06-01      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| Lazard Group LLC                                                                 | Lazard Group LLC                                                                          | CUSIP: 52107QAJ4<br>LEI: FI94J2CJ1D7BIGVMS874 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148507.50    | 0.00%             | 2028-09-19      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INGERSOLL RAND INC                                                               | Ingersoll Rand Inc                                                                        | CUSIP: 45687VAF3<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151560.00    | 0.00%             | 2034-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418E5Q9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2738512 | PA      | $2768636.42   | 0.05%             | 2054-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119CP2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202898.00    | 0.00%             | 2028-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| 6297782 LLC                                                                      | South Bow USA Infrastructure Holdings LLC                                                 | CUSIP: 83007CAG7<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137091.00    | 0.00%             | 2054-10-01      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| TRANSCONT GAS PIPE LINE                                                          | Transcontinental Gas Pipe Line Co LLC                                                     | CUSIP: 893574AF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $83446.00     | 0.00%             | 2042-08-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                                                      | Nutrien Ltd                                                                               | CUSIP: 67077MBC1<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $101313.00    | 0.00%             | 2027-06-21      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818GG7<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175561.75    | 0.00%             | 2035-02-20      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31416BN53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     14789 | PA      | $15173.46     | 0.00%             | 2036-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200KJ9<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176462.00    | 0.00%             | 2030-05-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QS4E8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    428235 | PA      | $435532.57    | 0.01%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TYCO ELECTRONICS GROUP S                                                         | Tyco Electronics Group SA                                                                 | CUSIP: 902133AU1<br>LEI: C33G1C5SYE2YM95EE712 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $97282.00     | 0.00%             | 2027-08-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| TotalEnergies Capital International SA                                           | TotalEnergies Capital International SA                                                    | CUSIP: 89153VAQ2<br>LEI: 549300U37G2I8G4RUG09 | Long             | DBT              | CORP              | FR        |    150000 | PA      | $145920.00    | 0.00%             | 2029-02-19      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWCV3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1082068 | PA      | $926772.13    | 0.02%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810RP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2618600 | PA      | $1952084.47   | 0.04%             | 2045-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL                                                           | Mondelez International Inc                                                                | CUSIP: 609207AT2<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137743.50    | 0.00%             | 2030-04-13      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Brixmor Operating Partnership LP                                                 | Brixmor Operating Partnership LP                                                          | CUSIP: 11120VAC7<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |    100000 | PA      | $99507.00     | 0.00%             | 2026-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XBR1<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |    100000 | PA      | $84540.00     | 0.00%             | 2030-10-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 969457BY5<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    225000 | PA      | $199264.50    | 0.00%             | 2031-03-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ADG7<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138871.50    | 0.00%             | 2055-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Uruguay Government International Bonds                                           | Uruguay Government International Bonds                                                    | CUSIP: 760942BA9<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    750000 | PA      | $674692.50    | 0.01%             | 2050-06-18      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| VERISIGN INC                                                                     | VeriSign Inc                                                                              | CUSIP: 92343EAM4<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88025.00     | 0.00%             | 2031-06-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                                                           | Marvell Technology Inc                                                                    | CUSIP: 573874AN4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $100444.00    | 0.00%             | 2028-06-22      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| KELLANOVA                                                                        | Kellanova                                                                                 | CUSIP: 487836AT5<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | DBT              | CORP              | US        |    100000 | PA      | $113289.00    | 0.00%             | 2031-04-01      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GGM0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    450000 | PA      | $470268.00    | 0.01%             | 2041-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd                                                        | Alibaba Group Holding Ltd                                                                 | CUSIP: 01609WAV4<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $159124.00    | 0.00%             | 2047-12-06      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                                 | CUSIP: 037833BH2<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    400000 | PA      | $347332.00    | 0.01%             | 2045-05-13      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| XYLEM INC                                                                        | Xylem Inc/NY                                                                              | CUSIP: 98419MAM2<br>LEI: 549300DF5MV96DRYLQ48 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94119.00     | 0.00%             | 2028-01-30      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748BW1<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100686.00    | 0.00%             | 2034-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830CG2<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125660.00    | 0.00%             | 2031-12-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWCH4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5206390 | PA      | $4061807.24   | 0.08%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WZB7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    392042 | PA      | $350721.58    | 0.01%             | 2052-03-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CORP                                                                | Toyota Motor Corp                                                                         | CUSIP: 892331AP4<br>LEI: 5493006W3QUS5LMH6R84 | Long             | DBT              | CORP              | JP        |    150000 | PA      | $151470.00    | 0.00%             | 2026-07-13      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                               | CUSIP: 931142CS0<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105253.00    | 0.00%             | 2040-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| VMWARE LLC                                                                       | VMware LLC                                                                                | CUSIP: 928563AE5<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125226.25    | 0.00%             | 2027-05-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GLS6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    550000 | PA      | $570124.50    | 0.01%             | 2029-09-15      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                                   | CUSIP: 06418GAQ0<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $151800.00    | 0.00%             | 2031-02-14      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YER2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    475000 | PA      | $471684.50    | 0.01%             | 2028-04-20      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                              | CUSIP: 29250NAZ8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    175000 | PA      | $163612.75    | 0.00%             | 2029-11-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                                                 | Georgia Power Co                                                                          | CUSIP: 373334KY6<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100233.00    | 0.00%             | 2030-03-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                             | CUSIP: 501044DM0<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91095.00     | 0.00%             | 2049-01-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MC6K6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     14724 | PA      | $14628.27     | 0.00%             | 2026-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SSN8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     70845 | PA      | $60396.05     | 0.00%             | 2046-12-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3142GTED4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    519600 | PA      | $539636.36    | 0.01%             | 2054-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081GL5<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151560.00    | 0.00%             | 2033-04-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477BV4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94730.00     | 0.00%             | 2033-08-04      | Fixed         | 4.16%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY TRANSMISSION                                                         | FirstEnergy Transmission LLC                                                              | CUSIP: 33767BAH2<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97619.00     | 0.00%             | 2035-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                             | Las Vegas Sands Corp                                                                      | CUSIP: 517834AL1<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99127.00     | 0.00%             | 2034-08-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION                                                         | Sabine Pass Liquefaction LLC                                                              | CUSIP: 785592AS5<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |    350000 | PA      | $351655.50    | 0.01%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA UNIV HEALTH INC                                                          | Indiana University Health Inc Obligated Group                                             | CUSIP: 455170AA8<br>LEI: 5493005H76YOO81B8D75 | Long             | DBT              | CORP              | US        |     55000 | PA      | $42313.15     | 0.00%             | 2048-11-01      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CJK8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8800000 | PA      | $8874078.14   | 0.17%             | 2026-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 06051GGG8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    225000 | PA      | $187292.25    | 0.00%             | 2048-01-20      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| Georgia Power Co                                                                 | Georgia Power Co                                                                          | CUSIP: 373334KH3<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73716.75     | 0.00%             | 2027-03-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp/The                                                          | Charles Schwab Corp/The                                                                   | CUSIP: 808513BA2<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72011.25     | 0.00%             | 2029-05-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                               | CUSIP: 302154EG0<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $198966.00    | 0.00%             | 2027-10-17      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                               | VICI Properties LP                                                                        | CUSIP: 925650AK9<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |    150000 | PA      | $148701.00    | 0.00%             | 2035-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                                                             | Kraft Heinz Foods Co                                                                      | CUSIP: 50077LAM8<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    350000 | PA      | $311188.50    | 0.01%             | 2045-07-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DUG5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3352067 | PA      | $2631512.59   | 0.05%             | 2050-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202FHW9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    334500 | PA      | $317468.89    | 0.01%             | 2040-07-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA Inc                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264AAV7<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300171.00    | 0.01%             | 2028-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179USS2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     27147 | PA      | $23853.42     | 0.00%             | 2049-05-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Finance Corp                                                  | Berkshire Hathaway Finance Corp                                                           | CUSIP: 084664BL4<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    200000 | PA      | $212190.00    | 0.00%             | 2040-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                               | Energy Transfer LP                                                                        | CUSIP: 292480AK6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149518.50    | 0.00%             | 2027-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| AON CORP/AON GLOBAL HOLD                                                         | Aon Corp / Aon Global Holdings PLC                                                        | CUSIP: 03740LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    100000 | PA      | $97157.00     | 0.00%             | 2027-05-28      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31307BY79<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     35734 | PA      | $34764.94     | 0.00%             | 2028-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DTR3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1958968 | PA      | $1612424.53   | 0.03%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                                | CUSIP: 14040HDH5<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202748.00    | 0.00%             | 2035-07-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| RELX Capital Inc                                                                 | RELX Capital Inc                                                                          | CUSIP: 74949LAC6<br>LEI: 2R15C3RTKJN1RCBOV146 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148074.00    | 0.00%             | 2029-03-18      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LEND                                                          | Blackstone Secured Lending Fund                                                           | CUSIP: 09261XAH5<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101716.00    | 0.00%             | 2027-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC                                                               | Analog Devices Inc                                                                        | CUSIP: 032654AV7<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |    200000 | PA      | $172806.00    | 0.00%             | 2031-10-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                                  | CUSIP: 471048CP1<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $191988.00    | 0.00%             | 2027-01-20      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport                                                   | CUSIP: 2350366Z8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $192670.75    | 0.00%             | 2040-11-01      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3131XPTF5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     53951 | PA      | $49921.12     | 0.00%             | 2044-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL FUEL GAS CO                                                             | National Fuel Gas Co                                                                      | CUSIP: 636180BT7<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |     95000 | PA      | $96942.75     | 0.00%             | 2030-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                            | CUSIP: 78409VAQ7<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |    100000 | PA      | $69215.00     | 0.00%             | 2049-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TEXTRON INC                                                                      | Textron Inc                                                                               | CUSIP: 883203CE9<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74715.75     | 0.00%             | 2035-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp/The                                                 | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406GAA9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143280.00    | 0.00%             | 2028-10-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                                         | Cooperatieve Rabobank UA                                                                  | CUSIP: 21684AAF3<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $297033.00    | 0.01%             | 2026-07-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Southern Power Co                                                                | Southern Power Co                                                                         | CUSIP: 843646AJ9<br>LEI: 5LADC78JBG2BMZD5XF57 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45569.00     | 0.00%             | 2043-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818GA0<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $67470.00     | 0.00%             | 2072-02-14      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138AMTD7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11241 | PA      | $11297.08     | 0.00%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179ST23<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     20340 | PA      | $19452.50     | 0.00%             | 2032-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | Moody's Corp                                                                              | CUSIP: 615369AX3<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $59903.00     | 0.00%             | 2061-11-29      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475CA1<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246780.00    | 0.00%             | 2032-10-21      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| VISA INC                                                                         | Visa Inc                                                                                  | CUSIP: 92826CAP7<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140053.50    | 0.00%             | 2027-08-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                                                                      | Citibank NA                                                                               | CUSIP: 17325FBL1<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |    400000 | PA      | $401684.00    | 0.01%             | 2027-11-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EPWS9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     72262 | PA      | $66094.36     | 0.00%             | 2045-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Inc                                                                | Kinder Morgan Inc                                                                         | CUSIP: 28368EAD8<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    100000 | PA      | $113790.00    | 0.00%             | 2031-08-01      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                                                         | ONEOK Inc                                                                                 | CUSIP: 29336UAD9<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     75000 | PA      | $62333.25     | 0.00%             | 2045-04-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Republic of Korea                                                                | Korea International Bond                                                                  | CUSIP: 50064FAP9<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $195602.00    | 0.00%             | 2028-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CORP ANDINA DE FOMENTO                                                           | Corp Andina de Fomento                                                                    | CUSIP: 219868CF1<br>LEI: UKZ46SXGNYCZK0UOZE76 | Long             | DBT              | NUSS              | XX        |    400000 | PA      | $386712.00    | 0.01%             | 2027-02-08      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT LIGHT & PWR                                                          | Connecticut Light and Power Co/The                                                        | CUSIP: 207597EL5<br>LEI: 549300O45IUXEDS1VZ32 | Long             | DBT              | CORP              | US        |    150000 | PA      | $114820.50    | 0.00%             | 2048-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NDW8<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    764000 | PA      | $421391.84    | 0.01%             | 2063-11-01      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179NNC8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    116836 | PA      | $113895.19    | 0.00%             | 2043-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                               | Meta Platforms Inc                                                                        | CUSIP: 30303M8R6<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    300000 | PA      | $297108.00    | 0.01%             | 2063-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                         | CUSIP: 20826FBF2<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150151.50    | 0.00%             | 2033-09-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140Q8F75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    546911 | PA      | $526246.34    | 0.01%             | 2033-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND C                                                         | Archer-Daniels-Midland Co                                                                 | CUSIP: 039482AD6<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |    250000 | PA      | $222780.00    | 0.00%             | 2032-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                                   | CUSIP: 455780DW3<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $183826.00    | 0.00%             | 2054-09-10      | Fixed         | 5.15%                 | No            |                  2 | On Loan: —       |
| CAMDEN PROPERTY TRUST                                                            | Camden Property Trust                                                                     | CUSIP: 133131BA9<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              |  | US        |     75000 | PA      | $76348.50     | 0.00%             | 2026-11-03      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJ5C0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    334034 | PA      | $311834.79    | 0.01%             | 2048-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179S4H7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     18373 | PA      | $17541.38     | 0.00%             | 2032-05-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PDH6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    800000 | PA      | $793320.00    | 0.01%             | 2033-07-25      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                                | General Motors Co                                                                         | CUSIP: 37045VAJ9<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    250000 | PA      | $207915.00    | 0.00%             | 2045-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 96950FAK0<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     72000 | PA      | $69527.52     | 0.00%             | 2043-11-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                                | CUSIP: 871829BF3<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146394.00    | 0.00%             | 2027-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WEKB4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     57785 | PA      | $50825.86     | 0.00%             | 2045-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EJ3V8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    281803 | PA      | $276230.95    | 0.01%             | 2027-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets America Inc                                                   | BP Capital Markets America Inc                                                            | CUSIP: 10373QAC4<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147837.00    | 0.00%             | 2028-09-21      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp                                                                   | Air Lease Corp                                                                            | CUSIP: 00912XAY0<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146853.00    | 0.00%             | 2027-12-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                           | CUSIP: 500769BR4<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    300000 | PA      | $183861.00    | 0.00%             | 2036-04-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                               | Meta Platforms Inc                                                                        | CUSIP: 30303M8M7<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204858.00    | 0.00%             | 2030-05-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| HOLCIM FINANCE US LLC                                                            | Holcim Finance US LLC                                                                     | CUSIP: 43475RAC0<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151026.00    | 0.00%             | 2030-04-07      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GLH0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    950000 | PA      | $951083.00    | 0.02%             | 2034-04-25      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                               | CUSIP: 68389XCJ2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    400000 | PA      | $427064.00    | 0.01%             | 2032-11-09      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179RXF1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    119413 | PA      | $116157.82    | 0.00%             | 2046-01-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                                                 | FirstEnergy Corp                                                                          | CUSIP: 337932AM9<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65483.00     | 0.00%             | 2050-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 3618N5KX6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1097721 | PA      | $1110308.03   | 0.02%             | 2055-04-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PRIMERICA INC                                                                    | Primerica Inc                                                                             | CUSIP: 74164MAB4<br>LEI: 254900621R686KJR7022 | Long             | DBT              | CORP              | US        |    150000 | PA      | $131212.50    | 0.00%             | 2031-11-19      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC                                                          | Booz Allen Hamilton Inc                                                                   | CUSIP: 09951LAC7<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151446.00    | 0.00%             | 2033-08-04      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179QJS1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    376122 | PA      | $344071.15    | 0.01%             | 2044-07-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308KV8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    125000 | PA      | $115893.75    | 0.00%             | 2055-03-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWML4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    804288 | PA      | $813050.49    | 0.02%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Crown Castle International Corp                                                  | Crown Castle Inc                                                                          | CUSIP: 22822VAL5<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    100000 | PA      | $98148.00     | 0.00%             | 2029-02-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA PLC                                                                  | AstraZeneca PLC                                                                           | CUSIP: 046353AW8<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $214682.50    | 0.00%             | 2030-08-06      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Canadian Natural Resources Ltd                                                   | Canadian Natural Resources Ltd                                                            | CUSIP: 136385AY7<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $81680.00     | 0.00%             | 2047-06-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GMB2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    450000 | PA      | $440644.50    | 0.01%             | 2035-08-15      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| XCEL ENERGY INC                                                                  | Xcel Energy Inc                                                                           | CUSIP: 98389BBA7<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150405.00    | 0.00%             | 2033-08-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                               | VICI Properties LP                                                                        | CUSIP: 925650AF0<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |    100000 | PA      | $100538.00    | 0.00%             | 2034-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR INC                                                                  | Caterpillar Inc                                                                           | CUSIP: 149123CG4<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93323.00     | 0.00%             | 2029-09-19      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132QUG31<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    171875 | PA      | $157163.93    | 0.00%             | 2045-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Procter & Gamble Co/The                                                          | Procter & Gamble Co/The                                                                   | CUSIP: 742718EV7<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146292.00    | 0.00%             | 2027-08-11      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135AP1<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    125000 | PA      | $126097.50    | 0.00%             | 2034-12-05      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NBQ3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84569.00     | 0.00%             | 2045-08-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DH96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     20561 | PA      | $18792.19     | 0.00%             | 2034-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                          | Bay Area Toll Authority                                                                   | CUSIP: 072024ND0<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |    400000 | PA      | $411364.80    | 0.01%             | 2049-04-01      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140E0E35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    232885 | PA      | $212191.99    | 0.00%             | 2045-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CCY5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11350000 | PA      | $10424265.63  | 0.20%             | 2028-09-30      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co Inc                                                  | General Motors Financial Co Inc                                                           | CUSIP: 37045XCG9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145776.00    | 0.00%             | 2028-01-05      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PEV0<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    250000 | PA      | $238610.00    | 0.00%             | 2033-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VERALTO CORP                                                                     | Veralto Corp                                                                              | CUSIP: 92338CAF0<br>LEI: 635400FJE6GSOJUSNY27 | Long             | DBT              | CORP              | US        |    175000 | PA      | $177756.25    | 0.00%             | 2033-09-18      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EXH7<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151068.00    | 0.00%             | 2029-01-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ACCENTURE CAPITAL INC                                                            | Accenture Capital Inc                                                                     | CUSIP: 00440KAC7<br>LEI: 254900FRO0P7RIINYT25 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196514.00    | 0.00%             | 2031-10-04      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| S&P Global Inc                                                                   | S&P Global Inc                                                                            | CUSIP: 78409VAM6<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98048.00     | 0.00%             | 2027-01-22      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                                                      | Target Corp                                                                               | CUSIP: 87612EAU0<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $114452.00    | 0.00%             | 2038-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PEA6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    225000 | PA      | $130340.25    | 0.00%             | 2060-05-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| DH EUROPE FINANCE II                                                             | DH Europe Finance II Sarl                                                                 | CUSIP: 23291KAH8<br>LEI: 222100KDGL314CKTZ511 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $185300.00    | 0.00%             | 2029-11-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Public Service Enterprise Group Inc                                              | Public Service Enterprise Group Inc                                                       | CUSIP: 744573AQ9<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |    200000 | PA      | $170890.00    | 0.00%             | 2030-08-15      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                                                            | RIO TINTO FIN USA PLC                                                                     | CUSIP: 76720AAT3<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    225000 | PA      | $226201.50    | 0.00%             | 2032-03-14      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                                     | CUSIP: 89788MAP7<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    300000 | PA      | $307725.00    | 0.01%             | 2034-06-08      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31412REK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    107888 | PA      | $108476.46    | 0.00%             | 2040-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc                      | Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc                               | CUSIP: 03522AAJ9<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1534233.00   | 0.03%             | 2046-02-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448DV7<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79509.00     | 0.00%             | 2047-05-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                                   | CUSIP: 55336VBT6<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    250000 | PA      | $202120.00    | 0.00%             | 2052-03-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                                | Johnson & Johnson                                                                         | CUSIP: 478160CR3<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    250000 | PA      | $168417.50    | 0.00%             | 2040-09-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                                                 | Georgia Power Co                                                                          | CUSIP: 373334KS9<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201880.00    | 0.00%             | 2028-05-16      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119CL1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    350000 | PA      | $274424.50    | 0.01%             | 2052-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448FA1<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    200000 | PA      | $169708.00    | 0.00%             | 2031-02-25      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822CD4<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $174478.00    | 0.00%             | 2033-01-19      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Southwestern Electric Power Co                                                   | Southwestern Electric Power Co                                                            | CUSIP: 845437BQ4<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |     50000 | PA      | $35245.50     | 0.00%             | 2048-02-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| EASTERN GAS TRAN                                                                 | Eastern Gas Transmission & Storage Inc                                                    | CUSIP: 276480AF7<br>LEI: H2VQBNB3NSKRM5QWBI71 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85707.00     | 0.00%             | 2043-11-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| HF SINCLAIR CORP                                                                 | HF Sinclair Corp                                                                          | CUSIP: 403949AQ3<br>LEI: 2549009G116AM01XHN24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99552.00     | 0.00%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                                                      | NVIDIA Corp                                                                               | CUSIP: 67066GAG9<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |    200000 | PA      | $164792.00    | 0.00%             | 2040-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QL6U5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3430878 | PA      | $2683053.59   | 0.05%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WVEL1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    116787 | PA      | $110986.61    | 0.00%             | 2043-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHWEST AIRLINES CO                                                            | Southwest Airlines Co                                                                     | CUSIP: 844741BK3<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301914.00    | 0.01%             | 2027-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                            | CUSIP: 594918CB8<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    150000 | PA      | $132468.00    | 0.00%             | 2057-02-06      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CINCINNATI FINL CORP                                                             | Cincinnati Financial Corp                                                                 | CUSIP: 172062AF8<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | DBT              | CORP              | US        |     75000 | PA      | $80329.50     | 0.00%             | 2028-05-15      | Fixed         | 6.92%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                                               | Banco Santander SA                                                                        | CUSIP: 05964HAJ4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $198366.00    | 0.00%             | 2028-04-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                                                            | Continental Resources Inc/OK                                                              | CUSIP: 212015AS0<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |    250000 | PA      | $244790.00    | 0.00%             | 2028-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                                                          | Astrazeneca Finance LLC                                                                   | CUSIP: 04636NAG8<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153034.50    | 0.00%             | 2030-03-03      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                                            | Micron Technology Inc                                                                     | CUSIP: 595112BQ5<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148081.50    | 0.00%             | 2030-02-15      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122DR6<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    150000 | PA      | $100270.50    | 0.00%             | 2040-11-13      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO                                                              | Consumers Energy Co                                                                       | CUSIP: 210518DP8<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91439.00     | 0.00%             | 2032-08-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Mid-America Apartments LP                                                        | Mid-America Apartments LP                                                                 | CUSIP: 59523UAN7<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              |  | US        |    150000 | PA      | $147798.00    | 0.00%             | 2027-06-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Ecolab Inc                                                                       | Ecolab Inc                                                                                | CUSIP: 278865AV2<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146796.00    | 0.00%             | 2026-11-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                       | Intel Corp                                                                                | CUSIP: 458140BG4<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    350000 | PA      | $237961.50    | 0.00%             | 2047-12-08      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                          | CUSIP: 925524AH3<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    125000 | PA      | $137818.75    | 0.00%             | 2030-07-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| DIAGEO CAPITAL PLC                                                               | Diageo Capital PLC                                                                        | CUSIP: 25243YBK4<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $202288.00    | 0.00%             | 2026-10-05      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179X5K8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    252462 | PA      | $258330.76    | 0.00%             | 2053-06-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC                                      | BBCMS Mortgage Trust 2025-C32                                                             | CUSIP: 07337AAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1012475.30   | 0.02%             | 2062-02-15      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC                                                           | CenterPoint Energy Inc                                                                    | CUSIP: 15189TAX5<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92457.00     | 0.00%             | 2030-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| International Bank for Reconstruction & Development                              | International Bank for Reconstruction & Development                                       | CUSIP: 459058FT5<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    200000 | PA      | $194142.00    | 0.00%             | 2026-10-27      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477BU6<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97272.00     | 0.00%             | 2033-05-13      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140A6MF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1001483 | PA      | $1047778.22   | 0.02%             | 2053-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                                        | CUSIP: 05971KAF6<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $187552.00    | 0.00%             | 2030-05-28      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| SHELL FINANCE US INC                                                             | Shell Finance US Inc                                                                      | CUSIP: 822905AB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $278979.00    | 0.01%             | 2030-04-06      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119BX6<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    450000 | PA      | $438417.00    | 0.01%             | 2029-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| EAGLE MATERIALS                                                                  | Eagle Materials Inc                                                                       | CUSIP: 26969PAB4<br>LEI: 529900KRXRGXL61SG039 | Long             | DBT              | CORP              | US        |    150000 | PA      | $130585.50    | 0.00%             | 2031-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HELMERICH & PAYNE INC                                                            | Helmerich & Payne Inc                                                                     | CUSIP: 423452AH4<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74013.00     | 0.00%             | 2027-12-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                                                            | AvalonBay Communities Inc                                                                 | CUSIP: 053484AD3<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |    100000 | PA      | $99664.00     | 0.00%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYVK2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    635632 | PA      | $538209.95    | 0.01%             | 2041-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                                                               | Essex Portfolio LP                                                                        | CUSIP: 29717PAX5<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              |  | US        |    100000 | PA      | $57572.00     | 0.00%             | 2050-09-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FBR1<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147331.50    | 0.00%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cummins Inc                                                                      | Cummins Inc                                                                               | CUSIP: 231021AQ9<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45769.50     | 0.00%             | 2043-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                                | CUSIP: 31428XCP9<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     75000 | PA      | $55532.25     | 0.00%             | 2042-08-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822CR3<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $203604.00    | 0.00%             | 2033-09-13      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds                                       | Philippines Government International Bonds                                                | CUSIP: 000000000<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    200000 | PA      | $160662.00    | 0.00%             | 2047-03-29      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RKD3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    100000 | PA      | $70113.00     | 0.00%             | 2043-02-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Archer-Daniels-Midland Co                                                        | Archer-Daniels-Midland Co                                                                 | CUSIP: 039482AC8<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |    100000 | PA      | $59244.00     | 0.00%             | 2051-09-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810FF0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1588100 | PA      | $1656959.03   | 0.03%             | 2028-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                            | CUSIP: 10373QBT6<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    350000 | PA      | $307986.00    | 0.01%             | 2032-01-12      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DNAX1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    796205 | PA      | $657852.71    | 0.01%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YS96<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     67797 | PA      | $69676.37     | 0.00%             | 2054-03-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CKS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12300000 | PA      | $12385042.94  | 0.23%             | 2026-05-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Panama Government International Bonds                                            | Panama Government International Bonds                                                     | CUSIP: 698299BR4<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    200000 | PA      | $157974.00    | 0.00%             | 2033-01-19      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                                               | Vodafone Group PLC                                                                        | CUSIP: 92857WBD1<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $83630.00     | 0.00%             | 2043-02-19      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                                        | CUSIP: 74456QCN4<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101175.00    | 0.00%             | 2033-08-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140A04E6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    635442 | PA      | $645681.93    | 0.01%             | 2053-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BLUE OWL CREDIT INCOME                                                           | Blue Owl Credit Income Corp                                                               | CUSIP: 69120VAZ4<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152758.50    | 0.00%             | 2031-03-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| GEORGETOWN UNIVERSITY                                                            | Georgetown University/The                                                                 | CUSIP: 37310PAC5<br>LEI: 549300GCL3B0KVXSX752 | Long             | DBT              | CORP              | US        |     50000 | PA      | $39534.00     | 0.00%             | 2049-04-01      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687EB8<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    130000 | PA      | $144367.60    | 0.00%             | 2035-12-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| WILLIS NORTH AMERICA INC                                                         | Willis North America Inc                                                                  | CUSIP: 970648AN1<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96475.00     | 0.00%             | 2054-03-05      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Manulife Financial Corp                                                          | Manulife Financial Corp                                                                   | CUSIP: 56501RAD8<br>LEI: 5493007GBX87QOZACS27 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $95792.00     | 0.00%             | 2046-03-04      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BANCO BILBAO VIZCAYA ARG                                                         | Banco Bilbao Vizcaya Argentaria SA                                                        | CUSIP: 05946KAQ4<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $204800.00    | 0.00%             | 2029-03-13      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                                    | Boeing Co/The                                                                             | CUSIP: 097023CM5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193746.00    | 0.00%             | 2027-02-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844CT3<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77277.00     | 0.00%             | 2034-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CHT1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19800000 | PA      | $19267875.00  | 0.36%             | 2033-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Humana Inc                                                                       | Humana Inc                                                                                | CUSIP: 444859BG6<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80075.00     | 0.00%             | 2047-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                                  | CUSIP: 298785JN7<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    250000 | PA      | $217895.00    | 0.00%             | 2031-05-13      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179NDQ8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    226487 | PA      | $203754.08    | 0.00%             | 2043-05-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SYNOVUS BANK GA                                                                  | Synovus Bank/Columbus GA                                                                  | CUSIP: 87164DVJ6<br>LEI: DX0JX77PRMOELF7VG772 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251230.00    | 0.00%             | 2028-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810SX7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13500000 | PA      | $8356289.13   | 0.16%             | 2051-05-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NDM0<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    300000 | PA      | $259806.00    | 0.00%             | 2031-01-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Applied Materials Inc                                                            | Applied Materials Inc                                                                     | CUSIP: 038222AM7<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |    150000 | PA      | $125032.50    | 0.00%             | 2047-04-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EAA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    463361 | PA      | $376101.36    | 0.01%             | 2041-12-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| WW Grainger Inc                                                                  | WW Grainger Inc                                                                           | CUSIP: 384802AB0<br>LEI: 549300TWZSP6O1IH2V34 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86615.00     | 0.00%             | 2045-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJVZ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     73699 | PA      | $64907.77     | 0.00%             | 2045-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWCP6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4638021 | PA      | $3798124.36   | 0.07%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOF                                                         | Take-Two Interactive Software Inc                                                         | CUSIP: 874054AK5<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151618.50    | 0.00%             | 2028-03-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                                                                      | Netflix Inc                                                                               | CUSIP: 64110LAN6<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175336.00    | 0.00%             | 2026-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PIEDMONT NATURAL GAS CO                                                          | Piedmont Natural Gas Co Inc                                                               | CUSIP: 720186AL9<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143832.00    | 0.00%             | 2029-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                                                                    | DTE Energy Co                                                                             | CUSIP: 233331BJ5<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151366.50    | 0.00%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Booking Holdings Inc                                                             | Booking Holdings Inc                                                                      | CUSIP: 741503BC9<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97946.00     | 0.00%             | 2028-03-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076BX9<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    300000 | PA      | $251280.00    | 0.00%             | 2048-12-06      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KME84<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2641902 | PA      | $2155778.28   | 0.04%             | 2051-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844BX5<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    125000 | PA      | $94947.50     | 0.00%             | 2047-11-01      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | Louisiana Local Government Environmental Facilities & Community Development Authority     | CUSIP: 54627RAN0<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    200000 | PA      | $191744.31    | 0.00%             | 2036-02-01      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                                                         | Targa Resources Partners LP / Targa Resources Partners Finance Corp                       | CUSIP: 87612BBS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $146466.00    | 0.00%             | 2031-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VSF8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    445084 | PA      | $357906.23    | 0.01%             | 2050-08-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J9ZL8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     65612 | PA      | $59177.12     | 0.00%             | 2048-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AUTODESK INC                                                                     | Autodesk Inc                                                                              | CUSIP: 052769AH9<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | DBT              | CORP              | US        |    200000 | PA      | $172678.00    | 0.00%             | 2031-12-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EVW6<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96042.00     | 0.00%             | 2026-10-13      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 969457CA6<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $132847.50    | 0.00%             | 2052-08-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YYW8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    936168 | PA      | $930622.56    | 0.02%             | 2054-06-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810TN8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10300000 | PA      | $8227125.00   | 0.15%             | 2053-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BAT Capital Corp                                                                 | BAT Capital Corp                                                                          | CUSIP: 05526DBB0<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    400000 | PA      | $391352.00    | 0.01%             | 2027-08-15      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                                 | CUSIP: 911312BU9<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |     75000 | PA      | $69513.00     | 0.00%             | 2029-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                                      | CUSIP: 49271VAP5<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    175000 | PA      | $171109.75    | 0.00%             | 2029-04-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| AMEREN CORP                                                                      | Ameren Corp                                                                               | CUSIP: 023608AR3<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148588.50    | 0.00%             | 2035-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GHX0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    350000 | PA      | $324436.00    | 0.01%             | 2030-10-22      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                                          | Duke Energy Florida LLC                                                                   | CUSIP: 26444HAF8<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |    150000 | PA      | $117312.00    | 0.00%             | 2048-07-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL                                                           | Mondelez International Inc                                                                | CUSIP: 609207BA2<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145596.00    | 0.00%             | 2027-03-17      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| BLACK HILLS CORP                                                                 | Black Hills Corp                                                                          | CUSIP: 092113AW9<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77269.50     | 0.00%             | 2034-05-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MEC4<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    200000 | PA      | $215668.00    | 0.00%             | 2037-10-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| TWDC Enterprises 18 Corp                                                         | TWDC Enterprises 18 Corp                                                                  | CUSIP: 25468PBW5<br>LEI: 7260JQNI6SCF9FIV2392 | Long             | DBT              | CORP              | US        |    100000 | PA      | $113461.00    | 0.00%             | 2032-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                                                 | Ventas Realty LP                                                                          | CUSIP: 92277GAB3<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |    100000 | PA      | $94838.00     | 0.00%             | 2043-09-30      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | Diamondback Energy Inc                                                                    | CUSIP: 25278XAN9<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142036.50    | 0.00%             | 2029-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ERT59<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     80247 | PA      | $76662.10     | 0.00%             | 2043-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INGREDION INC                                                                    | Ingredion Inc                                                                             | CUSIP: 457187AC6<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138040.50    | 0.00%             | 2030-06-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138X32U5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     26855 | PA      | $25521.45     | 0.00%             | 2043-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp/The                                                 | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406RAD9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    250000 | PA      | $245767.50    | 0.00%             | 2027-05-16      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Comerica Inc                                                                     | Comerica Inc                                                                              | CUSIP: 200340AT4<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | DBT              | CORP              | US        |    250000 | PA      | $242287.50    | 0.00%             | 2029-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D3R1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    571797 | PA      | $483946.10    | 0.01%             | 2041-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140CA6<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    200000 | PA      | $186050.00    | 0.00%             | 2032-08-05      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179RLQ0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    217277 | PA      | $204820.22    | 0.00%             | 2045-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EMERSON ELECTRIC CO                                                              | Emerson Electric Co                                                                       | CUSIP: 291011BP8<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143212.50    | 0.00%             | 2026-10-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | Lloyds Banking Group PLC                                                                  | CUSIP: 53944YBA0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $309711.00    | 0.01%             | 2030-06-05      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844CC0<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76876.00     | 0.00%             | 2049-05-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214EX7<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    200000 | PA      | $173048.00    | 0.00%             | 2036-11-18      | Fixed         | 3.02%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VCQ5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    330000 | PA      | $309503.70    | 0.01%             | 2034-11-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWBA0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3849077 | PA      | $2849034.62   | 0.05%             | 2051-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                                        | CUSIP: 29273VBE9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199842.00    | 0.00%             | 2035-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36296YAJ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     10636 | PA      | $10489.91     | 0.00%             | 2039-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                               | CUSIP: 59156RBG2<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    250000 | PA      | $225030.00    | 0.00%             | 2043-11-13      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWJM6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1451440 | PA      | $1468569.10   | 0.03%             | 2053-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                                                     | AutoZone Inc                                                                              | CUSIP: 053332BF8<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75150.00     | 0.00%             | 2033-08-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | State of California                                                                       | CUSIP: 13063A5E0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $1032080.40   | 0.02%             | 2034-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Texas Natural Gas Securitization Finance Corp                                    | Texas Natural Gas Securitization Finance Corp.                                            | CUSIP: 88258MAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    264801 | PA      | $269167.82    | 0.01%             | 2035-04-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179U4B5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    632440 | PA      | $553931.58    | 0.01%             | 2049-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TransCanada PipeLines Ltd                                                        | TransCanada PipeLines Ltd                                                                 | CUSIP: 893526DJ9<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $152218.50    | 0.00%             | 2040-06-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081FX0<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65760.00     | 0.00%             | 2049-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| British Telecommunications PLC                                                   | British Telecommunications PLC                                                            | CUSIP: 111021AE1<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    450000 | PA      | $548734.50    | 0.01%             | 2030-12-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| WEYERHAEUSER CO                                                                  | Weyerhaeuser Co                                                                           | CUSIP: 962166CC6<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              |  | US        |    100000 | PA      | $100178.00    | 0.00%             | 2026-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF ALBERTA                                                              | Province of Alberta Canada                                                                | CUSIP: 013051ET0<br>LEI: LQPXMHHNJKIPJYE53543 | Long             | DBT              | NUSS              | CA        |    200000 | PA      | $196944.00    | 0.00%             | 2034-01-24      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91087BAB6<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    300000 | PA      | $208608.00    | 0.00%             | 2047-01-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804GA6<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $123463.50    | 0.00%             | 2048-12-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Energy Transfer Operating LP                                                     | Energy Transfer Operating LP                                                              | CUSIP: 29273RAJ8<br>LEI: 5493008K8W3OKZE54J59 | Long             | DBT              | CORP              | US        |    150000 | PA      | $168252.00    | 0.00%             | 2038-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                                        | Dallas Area Rapid Transit                                                                 | CUSIP: 235241LS3<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |    140000 | PA      | $139915.72    | 0.00%             | 2044-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC / Charter Communications Operating Capital  | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175BJ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $195190.00    | 0.00%             | 2028-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752BA0<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    175000 | PA      | $163616.25    | 0.00%             | 2054-06-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XLPR3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2166268 | PA      | $2193487.34   | 0.04%             | 2053-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XBZ3<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     75000 | PA      | $65205.75     | 0.00%             | 2030-07-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CAE1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19200000 | PA      | $16186500.10  | 0.30%             | 2030-08-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| MIDAMERICAN ENERGY CO                                                            | MidAmerican Energy Co                                                                     | CUSIP: 595620AW5<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $59587.00     | 0.00%             | 2052-08-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                                     | CUSIP: 882508BJ2<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88434.00     | 0.00%             | 2030-05-04      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MFAJ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     47908 | PA      | $46382.54     | 0.00%             | 2031-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NBU4<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    275000 | PA      | $190825.25    | 0.00%             | 2046-07-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| State Street Corp                                                                | State Street Corp                                                                         | CUSIP: 857477AW3<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    250000 | PA      | $245990.00    | 0.00%             | 2026-05-19      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                                        | CUSIP: 74456QBX3<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97993.00     | 0.00%             | 2028-09-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| AMCOR FLEXIBLES NORTH AM                                                         | Amcor Flexibles North America Inc                                                         | CUSIP: 02344AAC2<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150451.50    | 0.00%             | 2028-03-17      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ADL6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147835.50    | 0.00%             | 2029-10-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U2L6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    475000 | PA      | $467547.25    | 0.01%             | 2031-04-04      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| Humana Inc                                                                       | Humana Inc                                                                                | CUSIP: 444859BE1<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83612.00     | 0.00%             | 2044-10-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| American Express Co                                                              | American Express Co                                                                       | CUSIP: 025816CF4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148267.50    | 0.00%             | 2026-05-20      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC                                      | BBCMS Mortgage Trust 2025-C32                                                             | CUSIP: 07337AAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1038194.87   | 0.02%             | 2062-02-15      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| LYB INT FINANCE III                                                              | LYB International Finance III LLC                                                         | CUSIP: 50249AAK9<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |    100000 | PA      | $62350.00     | 0.00%             | 2060-10-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Brighthouse Financial Inc                                                        | Brighthouse Financial Inc                                                                 | CUSIP: 10922NAF0<br>LEI: 5493003T8SZSHOGGAW52 | Long             | DBT              | CORP              | US        |    175000 | PA      | $132063.75    | 0.00%             | 2047-06-22      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                                       | CUSIP: 25746UDG1<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    350000 | PA      | $328702.50    | 0.01%             | 2030-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 96949LAD7<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    275000 | PA      | $271089.50    | 0.01%             | 2027-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CHR5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6001000 | PA      | $6004047.37   | 0.11%             | 2030-07-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                         | CUSIP: 29379VCG6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195676.00    | 0.00%             | 2035-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CKZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10300000 | PA      | $10399378.93  | 0.20%             | 2027-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TAK1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    625832 | PA      | $567071.47    | 0.01%             | 2047-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                                | L3Harris Technologies Inc                                                                 | CUSIP: 502431AL3<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74313.00     | 0.00%             | 2026-12-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Panama Government International Bonds                                            | Panama Government International Bonds                                                     | CUSIP: 698299BG8<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    250000 | PA      | $164705.00    | 0.00%             | 2047-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687FP6<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99643.00     | 0.00%             | 2027-03-23      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                 | CUSIP: 00774MBK0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    150000 | PA      | $154059.00    | 0.00%             | 2055-03-10      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138XR7A1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     70095 | PA      | $66485.77     | 0.00%             | 2034-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D4G4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    718957 | PA      | $608229.94    | 0.01%             | 2041-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233DAP2<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $113119.00    | 0.00%             | 2033-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group Inc                                               | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822BK9<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $168596.00    | 0.00%             | 2039-07-18      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GXA7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    300000 | PA      | $263565.00    | 0.00%             | 2039-04-23      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| Stanley Black & Decker Inc                                                       | Stanley Black & Decker Inc                                                                | CUSIP: 854502AL5<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176382.00    | 0.00%             | 2030-03-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWDR1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3225003 | PA      | $2636001.49   | 0.05%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NCG4<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    202000 | PA      | $148837.64    | 0.00%             | 2052-11-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| ATLASSIAN CORPORATION                                                            | Atlassian Corp                                                                            | CUSIP: 049468AA9<br>LEI: 549300V7ZY5P02D2MY38 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102013.00    | 0.00%             | 2029-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                                            | Micron Technology Inc                                                                     | CUSIP: 595112CE1<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201762.00    | 0.00%             | 2035-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                                                          | Laboratory Corp of America Holdings                                                       | CUSIP: 50540RAZ5<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98215.00     | 0.00%             | 2030-04-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV3U7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    101475 | PA      | $91102.03     | 0.00%             | 2049-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738EBW4<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $143544.00    | 0.00%             | 2042-11-24      | Fixed         | 3.33%                 | No            |                  2 | On Loan: No      |
| AMCOR FLEXIBLES NORTH AM                                                         | Amcor Flexibles North America Inc                                                         | CUSIP: 02344AAA6<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |    150000 | PA      | $132537.00    | 0.00%             | 2031-05-25      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                     | Centene Corp                                                                              | CUSIP: 15135BAZ4<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    200000 | PA      | $169462.00    | 0.00%             | 2031-08-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D6H0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    316014 | PA      | $292276.41    | 0.01%             | 2036-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC                                                         | Constellation Energy Generation LLC                                                       | CUSIP: 30161MAG8<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |    162000 | PA      | $168499.44    | 0.00%             | 2039-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp                                                       | Capital One Financial Corp                                                                | CUSIP: 14040HBW4<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196122.00    | 0.00%             | 2028-01-31      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                                 | CUSIP: 911312CA2<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176542.00    | 0.00%             | 2053-03-03      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| SHELL FINANCE US INC                                                             | Shell Finance US Inc                                                                      | CUSIP: 822905AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    330000 | PA      | $273193.80    | 0.01%             | 2045-05-11      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                               | CUSIP: 931142ET6<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    350000 | PA      | $301602.00    | 0.01%             | 2031-09-22      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                             | CUSIP: 571903BH5<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83137.00     | 0.00%             | 2033-10-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| NOVARTIS CAPITAL CORP                                                            | Novartis Capital Corp                                                                     | CUSIP: 66989HAU2<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146077.50    | 0.00%             | 2031-09-18      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| O'REILLY AUTOMOTIVE INC                                                          | O'Reilly Automotive Inc                                                                   | CUSIP: 67103HAJ6<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98185.00     | 0.00%             | 2030-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ERP Operating LP                                                                 | ERP Operating LP                                                                          | CUSIP: 26884ABG7<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |    100000 | PA      | $97605.00     | 0.00%             | 2027-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT                                                         | Apollo Global Management Inc                                                              | CUSIP: 03769MAC0<br>LEI: 254900LMFT1CY9IYB476 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143737.50    | 0.00%             | 2054-05-21      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66 CO                                                                   | Phillips 66 Co                                                                            | CUSIP: 718547AH5<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98056.00     | 0.00%             | 2028-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DQ70<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    770563 | PA      | $605760.57    | 0.01%             | 2050-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137FPJG1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2210000 | PA      | $2068179.90   | 0.04%             | 2029-09-25      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| HERCULES CAPITAL INC                                                             | Hercules Capital Inc                                                                      | CUSIP: 427096AJ1<br>LEI: 549300UJ5OC256GR2B73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96480.00     | 0.00%             | 2027-01-20      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TKR5<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98994.00     | 0.00%             | 2033-01-12      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                         | CUSIP: 24703DBL4<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207060.00    | 0.00%             | 2033-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 913017CY3<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    550000 | PA      | $544555.00    | 0.01%             | 2028-11-16      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                                        | CUSIP: 756109BR4<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    100000 | PA      | $100872.00    | 0.00%             | 2030-03-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| UBS AG LONDON                                                                    | UBS AG/London                                                                             | CUSIP: 902674A26<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |    200000 | PA      | $167388.00    | 0.00%             | 2048-06-26      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority                                                                 | CUSIP: 45506ECL5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     75000 | PA      | $51247.35     | 0.00%             | 2051-01-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| WP CAREY INC                                                                     | WP Carey Inc                                                                              | CUSIP: 92936UAG4<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              |  | US        |    100000 | PA      | $86901.00     | 0.00%             | 2031-02-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                                  | CUSIP: 298785JZ0<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    750000 | PA      | $751890.00    | 0.01%             | 2029-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                          | CUSIP: 92553PAP7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    250000 | PA      | $182525.00    | 0.00%             | 2043-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                          | CUSIP: 05526DBV6<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    125000 | PA      | $112972.50    | 0.00%             | 2052-03-16      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| LyondellBasell Industries NV                                                     | LyondellBasell Industries NV                                                              | CUSIP: 552081AM3<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | DBT              | CORP              | NL        |    175000 | PA      | $132851.25    | 0.00%             | 2055-02-26      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308KM8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $206150.00    | 0.00%             | 2033-06-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| PFIZER INC                                                                       | Pfizer Inc                                                                                | CUSIP: 717081FB4<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $170926.00    | 0.00%             | 2031-08-18      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RGL0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    327000 | PA      | $324773.13    | 0.01%             | 2028-02-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                                   | CUSIP: 824348BS4<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75353.25     | 0.00%             | 2028-03-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QQNX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1194728 | PA      | $1198611.77   | 0.02%             | 2052-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CFF6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     18469 | PA      | $16912.78     | 0.00%             | 2037-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DS45<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    140832 | PA      | $104304.32    | 0.00%             | 2050-09-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141EC31<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    350000 | PA      | $306271.00    | 0.01%             | 2044-07-08      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YPJ7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    492294 | PA      | $503738.88    | 0.01%             | 2054-01-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UQ54<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    136656 | PA      | $127066.19    | 0.00%             | 2049-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GC51<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    600000 | PA      | $583500.00    | 0.01%             | 2056-01-28      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175CA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $330000.00    | 0.01%             | 2052-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448FL7<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148224.00    | 0.00%             | 2028-02-18      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                                       | CUSIP: 14913UAA8<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199946.00    | 0.00%             | 2026-05-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752AP8<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176978.00    | 0.00%             | 2031-03-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                                                | General Mills Inc                                                                         | CUSIP: 370334CL6<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138144.00    | 0.00%             | 2030-04-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                                                 | FirstEnergy Corp                                                                          | CUSIP: 337932AL1<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |     75000 | PA      | $68151.75     | 0.00%             | 2030-03-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                               | CUSIP: 438516CK0<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    225000 | PA      | $225657.00    | 0.00%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hartford Financial Services Group Inc/The                                        | Hartford Insurance Group Inc/The                                                          | CUSIP: 416515BE3<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139873.50    | 0.00%             | 2029-08-19      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61772BAC7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    350000 | PA      | $257635.00    | 0.00%             | 2042-04-22      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                             | CUSIP: 097023CV5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    550000 | PA      | $531014.00    | 0.01%             | 2040-05-01      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| CARDINAL HEALTH INC                                                              | Cardinal Health Inc                                                                       | CUSIP: 14149YBT4<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143107.50    | 0.00%             | 2054-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                             | CUSIP: 744448CT6<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |    150000 | PA      | $128976.00    | 0.00%             | 2031-01-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132A4Q68<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    597732 | PA      | $553080.65    | 0.01%             | 2044-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                               | CUSIP: 29444UBD7<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |    100000 | PA      | $97533.00     | 0.00%             | 2026-11-18      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Kentucky Utilities Co                                                            | Kentucky Utilities Co                                                                     | CUSIP: 491674BL0<br>LEI: AGX0G2MXE54NFNNICD28 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81194.00     | 0.00%             | 2045-10-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804GQ1<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91001.00     | 0.00%             | 2054-01-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                                                       | US Bancorp                                                                                | CUSIP: 91159HHR4<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    300000 | PA      | $293766.00    | 0.01%             | 2027-04-27      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140Q8E35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    161657 | PA      | $146087.49    | 0.00%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                                        | CUSIP: 756109BJ2<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    100000 | PA      | $93678.00     | 0.00%             | 2028-06-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| BHP BILLITON FIN USA LTD                                                         | BHP Billiton Finance USA Ltd                                                              | CUSIP: 055451BF4<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | CORP              | AU        |    150000 | PA      | $144370.50    | 0.00%             | 2053-09-08      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810TX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12725000 | PA      | $11367998.11  | 0.21%             | 2054-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                                                   | Microsoft Corp                                                                            | CUSIP: 594918CN2<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148761.00    | 0.00%             | 2026-09-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                                                   | Starbucks Corp                                                                            | CUSIP: 855244AW9<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89626.00     | 0.00%             | 2030-03-12      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LEND                                                          | Blackstone Secured Lending Fund                                                           | CUSIP: 09261XAB8<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145459.50    | 0.00%             | 2026-09-16      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| eBay Inc                                                                         | eBay Inc                                                                                  | CUSIP: 278642AF0<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |    150000 | PA      | $118468.50    | 0.00%             | 2042-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONCENTRIX CORP                                                                  | Concentrix Corp                                                                           | CUSIP: 20602DAC5<br>LEI: 5493000EAJN1KMPVA737 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102460.00    | 0.00%             | 2033-08-02      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XEN2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255522.50    | 0.00%             | 2029-01-07      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Healthcare Trust of America Holdings LP                                          | Healthcare Realty Holdings LP                                                             | CUSIP: 42225UAH7<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              |  | US        |    100000 | PA      | $84143.00     | 0.00%             | 2031-03-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc                                              | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MBP4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $188110.00    | 0.00%             | 2029-07-16      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                         | CUSIP: 20826FAV8<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    200000 | PA      | $140408.00    | 0.00%             | 2052-03-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NAC5<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    150000 | PA      | $169000.50    | 0.00%             | 2033-03-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                                    | Boeing Co/The                                                                             | CUSIP: 097023BU8<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96500.00     | 0.00%             | 2027-03-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132J8TR1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     27302 | PA      | $25294.09     | 0.00%             | 2043-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Province of British Columbia Canada                                              | Province of British Columbia Canada                                                       | CUSIP: 11070TAK4<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |    150000 | PA      | $147121.50    | 0.00%             | 2026-06-02      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179RQ36<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    199470 | PA      | $188115.92    | 0.00%             | 2045-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | Oklahoma Development Finance Authority                                                    | CUSIP: 6789084D3<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |    150000 | PA      | $138247.25    | 0.00%             | 2045-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FLOWERS FOODS INC                                                                | Flowers Foods Inc                                                                         | CUSIP: 343498AD3<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | DBT              | CORP              | US        |     95000 | PA      | $95835.05     | 0.00%             | 2035-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                                  | CUSIP: 126408GY3<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    200000 | PA      | $162020.00    | 0.00%             | 2044-03-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| GATX CORP                                                                        | GATX Corp                                                                                 | CUSIP: 361448BF9<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95819.00     | 0.00%             | 2030-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                 | CUSIP: 00774MBJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    150000 | PA      | $151483.50    | 0.00%             | 2029-01-19      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                                                         | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                                | CUSIP: 46590XAY2<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    300000 | PA      | $304464.00    | 0.01%             | 2033-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp                                                        | Occidental Petroleum Corp                                                                 | CUSIP: 674599DF9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    300000 | PA      | $294912.00    | 0.01%             | 2036-09-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                            | CUSIP: 58933YBC8<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    300000 | PA      | $286272.00    | 0.01%             | 2027-06-10      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                                      | CUSIP: 743315AV5<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148455.00    | 0.00%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650DU1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    300000 | PA      | $295725.00    | 0.01%             | 2033-02-21      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738EBU8<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $385948.00    | 0.01%             | 2027-11-24      | Fixed         | 2.28%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YEB1<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146559.00    | 0.00%             | 2055-03-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                                                          | Astrazeneca Finance LLC                                                                   | CUSIP: 04636NAE3<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |    250000 | PA      | $233230.00    | 0.00%             | 2028-05-28      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| FORTINET INC                                                                     | Fortinet Inc                                                                              | CUSIP: 34959EAB5<br>LEI: 549300O0QJWDBAS0QX03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87048.00     | 0.00%             | 2031-03-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MMPR8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      6572 | PA      | $6463.63      | 0.00%             | 2027-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CNH Industrial NV                                                                | CNH Industrial NV                                                                         | CUSIP: 12594KAB8<br>LEI: 549300WGC2HZ5J67V817 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $98902.00     | 0.00%             | 2027-11-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                       | PacifiCorp                                                                                | CUSIP: 695114CT3<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    150000 | PA      | $111031.50    | 0.00%             | 2049-01-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818FV5<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $64939.00     | 0.00%             | 2061-05-20      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF GAS CO                                                            | Southern California Gas Co                                                                | CUSIP: 842434CZ3<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99846.00     | 0.00%             | 2033-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | Ally Financial Inc                                                                        | CUSIP: 02005NBU3<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156802.50    | 0.00%             | 2030-01-03      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SQU4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    161017 | PA      | $137267.65    | 0.00%             | 2046-11-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                                                         | Northern States Power Co/MN                                                               | CUSIP: 665772CY3<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94068.00     | 0.00%             | 2054-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31292LYA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1185633 | PA      | $1068487.65   | 0.02%             | 2042-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                                                              | Synchrony Financial                                                                       | CUSIP: 87165BAR4<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84830.00     | 0.00%             | 2031-10-28      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CRE                                                           | Blackstone Private Credit Fund                                                            | CUSIP: 09261HBC0<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $158880.00    | 0.00%             | 2028-11-27      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                                         | Western Midstream Operating LP                                                            | CUSIP: 958254AF1<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149605.50    | 0.00%             | 2026-07-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| MAIN STREET CAPITAL CORP                                                         | Main Street Capital Corp                                                                  | CUSIP: 56035LAH7<br>LEI: 5493001FS9QJLJNF3E20 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77381.25     | 0.00%             | 2029-03-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133A94U6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2157725 | PA      | $1695075.46   | 0.03%             | 2050-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397G49<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197620.00    | 0.00%             | 2029-11-07      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457CM8<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    300000 | PA      | $272244.00    | 0.01%             | 2054-02-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179M5M8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    201172 | PA      | $184493.34    | 0.00%             | 2043-03-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475BM6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247377.50    | 0.00%             | 2034-01-24      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QMT61<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3097735 | PA      | $2565292.32   | 0.05%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810QT8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2381600 | PA      | $1914397.07   | 0.04%             | 2041-11-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78017DAA6<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $302991.00    | 0.01%             | 2029-01-24      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418AP28<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     98170 | PA      | $85735.34     | 0.00%             | 2043-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Johnson Controls International plc                                               | Johnson Controls International plc                                                        | CUSIP: 478375AU2<br>LEI: 549300XQ6S1GYKGBL205 | Long             | DBT              | CORP              | IE        |    100000 | PA      | $81845.00     | 0.00%             | 2047-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6AC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1238069 | PA      | $1122039.66   | 0.02%             | 2036-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                          | CUSIP: 30231GBG6<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    500000 | PA      | $405335.00    | 0.01%             | 2050-03-19      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VFW9<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    650000 | PA      | $380841.50    | 0.01%             | 2056-10-30      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                          | CUSIP: 30231GBK7<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    400000 | PA      | $386808.00    | 0.01%             | 2030-03-19      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| Time Warner Cable LLC                                                            | Time Warner Cable LLC                                                                     | CUSIP: 88732JBB3<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |    250000 | PA      | $219882.50    | 0.00%             | 2041-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMEREN CORP                                                                      | Ameren Corp                                                                               | CUSIP: 023608AP7<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101599.00    | 0.00%             | 2026-12-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                                       | CUSIP: 49446RAP4<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |    100000 | PA      | $97640.00     | 0.00%             | 2026-10-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                                | CUSIP: 31428XCY0<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |    225000 | PA      | $193981.50    | 0.00%             | 2050-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KHR57<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    129744 | PA      | $120365.03    | 0.00%             | 2050-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132J7EQ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     41698 | PA      | $38631.13     | 0.00%             | 2043-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216DL1<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    350000 | PA      | $227223.50    | 0.00%             | 2051-03-05      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687FY7<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    350000 | PA      | $281449.00    | 0.01%             | 2040-05-13      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                                                         | Cheniere Energy Partners LP                                                               | CUSIP: 16411QAN1<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    150000 | PA      | $131691.00    | 0.00%             | 2032-01-31      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                          | GLP Capital LP / GLP Financing II Inc                                                     | CUSIP: 361841AS8<br>LEI: N/A                  | Long             | DBT              |  | US        |     75000 | PA      | $78838.50     | 0.00%             | 2033-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                               | Board of Regents of the University of Texas System                                        | CUSIP: 91514AGU3<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |    250000 | PA      | $179760.50    | 0.00%             | 2047-08-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CKV2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $10141796.90  | 0.19%             | 2027-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                                                   | Microsoft Corp                                                                            | CUSIP: 594918CU6<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89351.00     | 0.00%             | 2047-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Energy Partners LP                                                 | Kinder Morgan Energy Partners LP                                                          | CUSIP: 494550BW5<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     95000 | PA      | $85445.85     | 0.00%             | 2044-09-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON & CO                                                            | Becton Dickinson & Co                                                                     | CUSIP: 075887CJ6<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137098.50    | 0.00%             | 2030-05-20      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967KA8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    680000 | PA      | $677191.60    | 0.01%             | 2027-09-29      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 3622A3BP4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     56516 | PA      | $51804.36     | 0.00%             | 2043-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66 CO                                                                   | Phillips 66 Co                                                                            | CUSIP: 718547AF9<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98703.00     | 0.00%             | 2026-10-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D3L4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    712568 | PA      | $627774.69    | 0.01%             | 2036-08-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 94973VAN7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105466.00    | 0.00%             | 2037-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397A45<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195654.00    | 0.00%             | 2027-01-09      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ER7D6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     55043 | PA      | $51764.09     | 0.00%             | 2046-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                                                         | Prudential Financial Inc                                                                  | CUSIP: 744320BJ0<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192078.00    | 0.00%             | 2052-03-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | Sutter Health                                                                             | CUSIP: 86944BAJ2<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |     75000 | PA      | $50407.50     | 0.00%             | 2050-08-15      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON & CO                                                            | Becton Dickinson & Co                                                                     | CUSIP: 075887CK3<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    150000 | PA      | $107737.50    | 0.00%             | 2050-05-20      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179V4V9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2078417 | PA      | $1745856.44   | 0.03%             | 2051-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                            | CUSIP: 00914AAR3<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144561.00    | 0.00%             | 2027-01-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3142GRLC2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1182030 | PA      | $1205961.72   | 0.02%             | 2054-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GXG4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    350000 | PA      | $319931.50    | 0.01%             | 2030-02-07      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                                   | CUSIP: 742718FM6<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    150000 | PA      | $128308.50    | 0.00%             | 2030-10-29      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Legg Mason Inc                                                                   | Legg Mason Inc                                                                            | CUSIP: 524901AR6<br>LEI: OWUNCC6U1ZJXMZKFBJ36 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72229.50     | 0.00%             | 2044-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK CORP                                                                   | Brunswick Corp/DE                                                                         | CUSIP: 117043AT6<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |    150000 | PA      | $123802.50    | 0.00%             | 2031-08-18      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                                       | CUSIP: 37940XAQ5<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150711.00    | 0.00%             | 2032-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                             | CUSIP: 097023DB8<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    250000 | PA      | $241302.50    | 0.00%             | 2028-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV3T0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    156704 | PA      | $135422.84    | 0.00%             | 2049-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VFQ8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    139115 | PA      | $125336.51    | 0.00%             | 2050-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QSTU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1166327 | PA      | $1133120.73   | 0.02%             | 2053-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hess Corp                                                                        | Hess Corp                                                                                 | CUSIP: 023551AF1<br>LEI: UASVRYNXNK17ULIGK870 | Long             | DBT              | CORP              | US        |    100000 | PA      | $112041.00    | 0.00%             | 2029-10-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                               | CUSIP: 13645RBH6<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    325000 | PA      | $208523.25    | 0.00%             | 2051-12-02      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                               | CUSIP: 02665WEZ0<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145990.50    | 0.00%             | 2034-01-10      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                                 | CUSIP: 911312BQ8<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78768.00     | 0.00%             | 2049-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MAFB0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     33813 | PA      | $34041.49     | 0.00%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                                         | Duke Energy Progress LLC                                                                  | CUSIP: 26442UAP9<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |     75000 | PA      | $55929.00     | 0.00%             | 2052-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ATMOS ENERGY CORP                                                                | Atmos Energy Corp                                                                         | CUSIP: 049560AT2<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |    150000 | PA      | $126888.00    | 0.00%             | 2031-01-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ADS1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201882.00    | 0.00%             | 2032-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BLUE OWL FINANCE LLC                                                             | Blue Owl Finance LLC                                                                      | CUSIP: 09581JAT3<br>LEI: 254900OF2NO2GYFV5T41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203198.00    | 0.00%             | 2034-04-18      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61748UAE2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    500000 | PA      | $507990.00    | 0.01%             | 2031-01-15      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31410GPQ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     41784 | PA      | $44554.67     | 0.00%             | 2037-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 3618N5C98<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    185601 | PA      | $190906.00    | 0.00%             | 2054-12-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYUU1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1137351 | PA      | $968324.55    | 0.02%             | 2041-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| VENTAS REALTY LP                                                                 | Ventas Realty LP                                                                          | CUSIP: 92277GAW7<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     95000 | PA      | $82713.65     | 0.00%             | 2031-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DIAGEO CAPITAL PLC                                                               | Diageo Capital PLC                                                                        | CUSIP: 25243YBB4<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $184168.00    | 0.00%             | 2029-10-24      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818FQ6<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    150000 | PA      | $122199.00    | 0.00%             | 2036-04-06      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78016EYV3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $96542.00     | 0.00%             | 2027-01-21      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | Lloyds Banking Group PLC                                                                  | CUSIP: 539439BA6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $200208.00    | 0.00%             | 2035-11-26      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| Kimberly-Clark Corp                                                              | Kimberly-Clark Corp                                                                       | CUSIP: 494368BW2<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76346.00     | 0.00%             | 2047-05-04      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417YUH8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     17013 | PA      | $16354.14     | 0.00%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CKD2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11850000 | PA      | $11992570.31  | 0.23%             | 2029-02-28      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Best Buy Co Inc                                                                  | Best Buy Co Inc                                                                           | CUSIP: 08652BAA7<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99986.00     | 0.00%             | 2028-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Altria Group Inc                                                                 | Altria Group Inc                                                                          | CUSIP: 02209SBD4<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301215.00    | 0.01%             | 2029-02-14      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                                  | CUSIP: 298785JL1<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $429165.00    | 0.01%             | 2031-02-14      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804GF5<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $60621.00     | 0.00%             | 2051-11-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DVW9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    996117 | PA      | $881893.39    | 0.02%             | 2036-01-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                                                          | Southern Co Gas Capital Corp                                                              | CUSIP: 8426EPAD0<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85055.00     | 0.00%             | 2031-01-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XCH2<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |    150000 | PA      | $150051.00    | 0.00%             | 2034-01-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange Inc                                                    | Intercontinental Exchange Inc                                                             | CUSIP: 45866FAN4<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    250000 | PA      | $205007.50    | 0.00%             | 2032-09-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Valero Energy Corp                                                               | Valero Energy Corp                                                                        | CUSIP: 91913YAT7<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |    130000 | PA      | $110821.10    | 0.00%             | 2045-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                                | General Motors Co                                                                         | CUSIP: 37045VAN0<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147570.00    | 0.00%             | 2027-10-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179U6V9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    253197 | PA      | $228118.90    | 0.00%             | 2049-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GLAXOSMITHKLINE CAPITAL                                                          | GLAXOSMITHKLINE CAPITAL                                                                   | CUSIP: 377372AP2<br>LEI: 5493007Q8VD7Q3ZYZS59 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150006.00    | 0.00%             | 2030-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL REALTY OP LP                                                             | Federal Realty OP LP                                                                      | CUSIP: 313747BC0<br>LEI: 549300LI6XZ51GOCJ427 | Long             | DBT              |  | US        |     75000 | PA      | $76470.75     | 0.00%             | 2028-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                                                      | Target Corp                                                                               | CUSIP: 87612EBJ4<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    250000 | PA      | $228775.00    | 0.00%             | 2030-02-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                                            | Micron Technology Inc                                                                     | CUSIP: 595112CG6<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76197.00     | 0.00%             | 2032-11-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                                                              | CDW LLC / CDW Finance Corp                                                                | CUSIP: 12513GBD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $196972.00    | 0.00%             | 2028-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NETAPP INC                                                                       | NetApp Inc                                                                                | CUSIP: 64110DAJ3<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143418.00    | 0.00%             | 2027-06-22      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Kimberly-Clark Corp                                                              | Kimberly-Clark Corp                                                                       | CUSIP: 494368BV4<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |    100000 | PA      | $68819.00     | 0.00%             | 2046-07-30      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR INC                                                                  | Caterpillar Inc                                                                           | CUSIP: 149123CH2<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |    200000 | PA      | $184918.00    | 0.00%             | 2030-04-09      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                                                         | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                                | CUSIP: 46590XAP1<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    250000 | PA      | $215400.00    | 0.00%             | 2032-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179S2Q9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    121190 | PA      | $113195.63    | 0.00%             | 2047-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661EF0<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    250000 | PA      | $188220.00    | 0.00%             | 2062-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| NUCOR CORP                                                                       | Nucor Corp                                                                                | CUSIP: 670346AH8<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |     50000 | PA      | $54148.50     | 0.00%             | 2037-12-01      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| BAPTIST HEALTHCARE                                                               | Baptist Healthcare System Obligated Group                                                 | CUSIP: 06684QAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $98883.00     | 0.00%             | 2050-08-15      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GKA6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    650000 | PA      | $557609.00    | 0.01%             | 2032-07-21      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                                              | FS KKR Capital Corp                                                                       | CUSIP: 302635AP2<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |    125000 | PA      | $123168.75    | 0.00%             | 2030-01-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | Edison International                                                                      | CUSIP: 281020BA4<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74105.25     | 0.00%             | 2029-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YDZ9<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    175000 | PA      | $177962.75    | 0.00%             | 2030-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| WILLIS NORTH AMERICA INC                                                         | Willis North America Inc                                                                  | CUSIP: 970648AJ0<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93189.00     | 0.00%             | 2029-09-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | Diamondback Energy Inc                                                                    | CUSIP: 25278XBA6<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    350000 | PA      | $314163.50    | 0.01%             | 2054-04-18      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                                                                     | NiSource Inc                                                                              | CUSIP: 65473QAX1<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74367.75     | 0.00%             | 2041-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3129413U9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    117107 | PA      | $117894.97    | 0.00%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ECOLAB INC                                                                       | Ecolab Inc                                                                                | CUSIP: 278865BF6<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84071.00     | 0.00%             | 2031-01-30      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                                              | PayPal Holdings Inc                                                                       | CUSIP: 70450YAL7<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195062.00    | 0.00%             | 2032-06-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                                              | Fifth Third Bancorp                                                                       | CUSIP: 316773CV0<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148033.50    | 0.00%             | 2028-03-14      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KNGG2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    842022 | PA      | $654899.84    | 0.01%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                                   | CUSIP: 55336VBZ2<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    175000 | PA      | $162267.00    | 0.00%             | 2055-04-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                         | CUSIP: 478160AL8<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102361.00    | 0.00%             | 2033-05-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CYL2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     88318 | PA      | $79655.62     | 0.00%             | 2048-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYVC0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    387514 | PA      | $328408.24    | 0.01%             | 2041-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810RM2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2868600 | PA      | $2151001.78   | 0.04%             | 2045-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YFH3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    400000 | PA      | $421748.00    | 0.01%             | 2029-11-01      | Fixed         | 6.41%                 | No            |                  2 | On Loan: No      |
| CRH AMERICA FINANCE INC                                                          | CRH America Finance Inc                                                                   | CUSIP: 12636YAE2<br>LEI: 549300WEVUODRJ4CWK56 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201996.00    | 0.00%             | 2034-05-21      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 06051GFL8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    350000 | PA      | $348670.00    | 0.01%             | 2026-10-22      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KMBC8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1218996 | PA      | $994694.56    | 0.02%             | 2051-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Healthcare Trust of America Holdings LP                                          | Healthcare Realty Holdings LP                                                             | CUSIP: 42225UAD6<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              |  | US        |    100000 | PA      | $98405.00     | 0.00%             | 2026-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XCH1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    175000 | PA      | $176960.00    | 0.00%             | 2034-02-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                                            | Micron Technology Inc                                                                     | CUSIP: 595112BS1<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    200000 | PA      | $170558.00    | 0.00%             | 2032-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DET5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    261307 | PA      | $234594.63    | 0.00%             | 2049-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                                         | Cooperatieve Rabobank UA                                                                  | CUSIP: 21684AAD8<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $230520.00    | 0.00%             | 2045-08-04      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CNO Financial Group Inc                                                          | CNO Financial Group Inc                                                                   | CUSIP: 12621EAL7<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149818.50    | 0.00%             | 2029-05-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748BT8<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141699.00    | 0.00%             | 2053-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967BU4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102688.00    | 0.00%             | 2033-02-22      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752BC6<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150363.00    | 0.00%             | 2031-11-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175CD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $182866.00    | 0.00%             | 2029-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YFP5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    300000 | PA      | $305553.00    | 0.01%             | 2028-04-13      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| PFIZER INVESTMENT ENTER                                                          | Pfizer Investment Enterprises Pte Ltd                                                     | CUSIP: 716973AB8<br>LEI: 5493000FQO8XF9C0RT95 | Long             | DBT              | CORP              | SG        |    600000 | PA      | $600348.00    | 0.01%             | 2026-05-19      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND C                                                         | Archer-Daniels-Midland Co                                                                 | CUSIP: 039482AE4<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96476.00     | 0.00%             | 2033-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                                       | CUSIP: 459058KW2<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    800000 | PA      | $816464.00    | 0.02%             | 2028-08-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EJQ35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     19020 | PA      | $18804.29     | 0.00%             | 2027-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                                       | CUSIP: 37940XAB8<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    300000 | PA      | $280821.00    | 0.01%             | 2029-08-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M9U59<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    545091 | PA      | $539296.80    | 0.01%             | 2041-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132A5FB6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    223272 | PA      | $195531.61    | 0.00%             | 2046-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Phillips 66                                                                      | Phillips 66                                                                               | CUSIP: 718546AH7<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |    275000 | PA      | $267808.75    | 0.01%             | 2042-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UGB2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    315263 | PA      | $285174.29    | 0.01%             | 2048-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Avista Corp                                                                      | Avista Corp                                                                               | CUSIP: 05379BAQ0<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79073.00     | 0.00%             | 2048-06-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MCH1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $240315.00    | 0.00%             | 2026-09-17      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| NORTHERN TRUST CORP                                                              | Northern Trust Corp                                                                       | CUSIP: 665859AX2<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |    200000 | PA      | $212996.00    | 0.00%             | 2032-11-02      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Raymond James Financial Inc                                                      | Raymond James Financial Inc                                                               | CUSIP: 754730AF6<br>LEI: RGUZHJ05YTITL6D76949 | Long             | DBT              | CORP              | US        |    150000 | PA      | $132025.50    | 0.00%             | 2046-07-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Marathon Petroleum Corp                                                          | Marathon Petroleum Corp                                                                   | CUSIP: 56585ABD3<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97988.00     | 0.00%             | 2028-04-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                                                | Travelers Cos Inc/The                                                                     | CUSIP: 89417EAS8<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143596.50    | 0.00%             | 2053-05-25      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CEG5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     39025 | PA      | $35366.16     | 0.00%             | 2046-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31406UHT8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     51150 | PA      | $51618.65     | 0.00%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                                           | Santander Holdings USA Inc                                                                | CUSIP: 80282KBJ4<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    200000 | PA      | $206274.00    | 0.00%             | 2030-01-09      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NCN9<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    225000 | PA      | $188525.25    | 0.00%             | 2058-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ADD4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    175000 | PA      | $174230.00    | 0.00%             | 2054-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL CAP FND                                                            | Golub Capital Private Credit Fund                                                         | CUSIP: 38179RAA3<br>LEI: 254900B5KBW6OY1F9951 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99080.00     | 0.00%             | 2029-09-12      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                        | Uniform Mortgage-Backed Security, TBA                                                     | CUSIP: 01F040669<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  15000000 | PA      | $13751362.50  | 0.26%             | 2052-06-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                                            | Micron Technology Inc                                                                     | CUSIP: 595112CA9<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204142.00    | 0.00%             | 2028-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PUGET ENERGY INC                                                                 | Puget Energy Inc                                                                          | CUSIP: 745310AP7<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99107.00     | 0.00%             | 2035-03-15      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                           | Canadian Imperial Bank of Commerce                                                        | CUSIP: 13607LWW9<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $265382.50    | 0.00%             | 2033-10-03      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| Brown-Forman Corp                                                                | Brown-Forman Corp                                                                         | CUSIP: 115637AT7<br>LEI: 549300873K3LXF7ARU34 | Long             | DBT              | CORP              | US        |    150000 | PA      | $129355.50    | 0.00%             | 2038-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DWQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1825062 | PA      | $1353248.10   | 0.03%             | 2051-02-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138W9KY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    231356 | PA      | $214064.84    | 0.00%             | 2043-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ER6X3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    584627 | PA      | $541446.44    | 0.01%             | 2043-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                             | CUSIP: 097023BS3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     75000 | PA      | $49641.00     | 0.00%             | 2046-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PUGET ENERGY INC                                                                 | Puget Energy Inc                                                                          | CUSIP: 745310AK8<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |    250000 | PA      | $238245.00    | 0.00%             | 2030-06-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                                   | CUSIP: 828807DW4<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    100000 | PA      | $106790.00    | 0.00%             | 2034-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X43Y0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2044791 | PA      | $1830433.98   | 0.03%             | 2046-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216DE7<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    250000 | PA      | $212502.50    | 0.00%             | 2031-03-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                                       | CUSIP: 49446RAY5<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |    100000 | PA      | $85187.00     | 0.00%             | 2031-12-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Discovery Communications LLC                                                     | Discovery Communications LLC                                                              | CUSIP: 25470DAR0<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    250000 | PA      | $238730.00    | 0.00%             | 2028-03-20      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| RADIAN GROUP INC                                                                 | Radian Group Inc                                                                          | CUSIP: 750236AY7<br>LEI: 54930005OUP720S5U385 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103006.00    | 0.00%             | 2029-05-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CRE                                                           | Blackstone Private Credit Fund                                                            | CUSIP: 09261HBG1<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76520.25     | 0.00%             | 2031-01-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds                                       | Philippines Government International Bonds                                                | CUSIP: 718286BB2<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    350000 | PA      | $405419.00    | 0.01%             | 2031-01-14      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| HSBC USA INC                                                                     | HSBC USA Inc                                                                              | CUSIP: 40428HA44<br>LEI: 549300LBOHZ4QSIWU288 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203006.00    | 0.00%             | 2027-03-04      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| BANCO BILBAO VIZCAYA ARG                                                         | Banco Bilbao Vizcaya Argentaria SA                                                        | CUSIP: 05946KAN1<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $223922.00    | 0.00%             | 2034-11-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                                              | Fifth Third Bancorp                                                                       | CUSIP: 316773DA5<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144507.00    | 0.00%             | 2027-05-05      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                            | CUSIP: 58933YBF1<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    400000 | PA      | $239824.00    | 0.00%             | 2051-12-10      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661DP9<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    250000 | PA      | $244432.50    | 0.00%             | 2027-05-03      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Shell International Finance BV                                                   | Shell International Finance BV                                                            | CUSIP: 822582AT9<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |     80000 | PA      | $61240.00     | 0.00%             | 2042-08-21      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                                                 | Ventas Realty LP                                                                          | CUSIP: 92277GAF4<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |    100000 | PA      | $79790.00     | 0.00%             | 2045-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138W9VQ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     52632 | PA      | $51583.36     | 0.00%             | 2028-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GE CAPITAL FUNDING LLC                                                           | GE Capital Funding LLC                                                                    | CUSIP: 36166NAK9<br>LEI: 549300XAGH9TOLX5XM67 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246145.00    | 0.00%             | 2032-05-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| EQUIFAX INC                                                                      | Equifax Inc                                                                               | CUSIP: 294429AS4<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92372.00     | 0.00%             | 2030-05-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                          | CUSIP: 22822VAQ4<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     50000 | PA      | $37027.50     | 0.00%             | 2050-07-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| GXO LOGISTICS INC                                                                | GXO Logistics Inc                                                                         | CUSIP: 36262GAD3<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84776.00     | 0.00%             | 2031-07-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YFN9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    673968 | PA      | $689636.17    | 0.01%             | 2053-09-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                                      | CUSIP: 94106LCB3<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151042.50    | 0.00%             | 2028-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                                                                | Expedia Group Inc                                                                         | CUSIP: 30212PBH7<br>LEI: CI7MUJI4USF3V0NJ1H64 | Long             | DBT              | CORP              | US        |    150000 | PA      | $134796.00    | 0.00%             | 2031-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                                                          | Laboratory Corp of America Holdings                                                       | CUSIP: 50540RBB7<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |    175000 | PA      | $168175.00    | 0.00%             | 2034-10-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| EQUINOR ASA                                                                      | Equinor ASA                                                                               | CUSIP: 29446MAF9<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |    250000 | PA      | $236157.50    | 0.00%             | 2030-04-06      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                                        | CUSIP: 74456QBR6<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146286.00    | 0.00%             | 2026-09-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WPJG0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     19411 | PA      | $18966.95     | 0.00%             | 2028-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Suncor Energy Inc                                                                | Suncor Energy Inc                                                                         | CUSIP: 867224AB3<br>LEI: 549300W70ZOQDVLCHY06 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $71590.00     | 0.00%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON & CO                                                            | Becton Dickinson & Co                                                                     | CUSIP: 075887CQ0<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150663.00    | 0.00%             | 2028-02-13      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                             | CUSIP: 744448CS8<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $64473.00     | 0.00%             | 2050-03-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| American Express Credit Corp                                                     | American Express Credit Corp                                                              | CUSIP: 0258M0EL9<br>LEI: 9ET6B8VCXWW51H8Z3M54 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98310.00     | 0.00%             | 2027-05-03      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DXL1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3436452 | PA      | $2823203.60   | 0.05%             | 2051-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds                                             | Chile Government International Bonds                                                      | CUSIP: 168863DL9<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    500000 | PA      | $347790.00    | 0.01%             | 2050-01-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748BP6<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     75000 | PA      | $64759.50     | 0.00%             | 2031-12-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ACX1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143746.50    | 0.00%             | 2062-09-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Grupo Televisa SAB                                                               | Grupo Televisa SAB                                                                        | CUSIP: 40049JBA4<br>LEI: 549300O4AF0C816ILN62 | Long             | DBT              | CORP              | MX        |    300000 | PA      | $202020.00    | 0.00%             | 2045-05-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                     | District of Columbia Water & Sewer Authority                                              | CUSIP: 254845JZ4<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |    100000 | PA      | $82913.50     | 0.00%             | 2114-10-01      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| ANGLOGOLD HOLDINGS PLC                                                           | AngloGold Ashanti Holdings PLC                                                            | CUSIP: 03512TAE1<br>LEI: 213800745ZIXC4L6A131 | Long             | DBT              | CORP              | IM        |    200000 | PA      | $185196.00    | 0.00%             | 2030-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                                  | CUSIP: 298785JR8<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $462130.00    | 0.01%             | 2029-03-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137HAMB9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2700000 | PA      | $2672442.45   | 0.05%             | 2033-07-25      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                                                         | Targa Resources Partners LP / Targa Resources Partners Finance Corp                       | CUSIP: 87612BBL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $250565.00    | 0.00%             | 2027-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                             | Las Vegas Sands Corp                                                                      | CUSIP: 517834AM9<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200566.00    | 0.00%             | 2028-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                                               | Vodafone Group PLC                                                                        | CUSIP: 92857WBM1<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    275000 | PA      | $247634.75    | 0.00%             | 2048-05-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3131Y3DA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    401682 | PA      | $374481.20    | 0.01%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                                   | Merck & Co Inc                                                                            | CUSIP: 589331AS6<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77480.00     | 0.00%             | 2042-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD                                                                    | Aircastle Ltd                                                                             | CUSIP: 00928QAS0<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    100000 | PA      | $99291.00     | 0.00%             | 2026-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FIN I UK PLC                                                          | Brookfield Finance I UK Plc / Brookfield Finance Inc                                      | CUSIP: 11272BAA1<br>LEI: 213800JCKNPJE9FDCJ76 | Long             | DBT              | CORP              | GB        |    125000 | PA      | $104842.50    | 0.00%             | 2032-01-30      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NBP5<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93398.00     | 0.00%             | 2035-08-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477CR2<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148599.00    | 0.00%             | 2032-10-22      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                                        | CUSIP: 74456QCK0<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151027.50    | 0.00%             | 2032-12-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WFF0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2295223 | PA      | $1845790.22   | 0.03%             | 2051-05-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822DE1<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $203792.00    | 0.00%             | 2030-04-17      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | Boeing Co/The                                                                             | CUSIP: 097023DS1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    475000 | PA      | $507513.75    | 0.01%             | 2034-05-01      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                          | CUSIP: 22822VAE1<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    100000 | PA      | $98919.00     | 0.00%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EVERGY KANSAS CENTRAL                                                            | Evergy Kansas Central Inc                                                                 | CUSIP: 95709TAQ3<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65054.00     | 0.00%             | 2049-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AFFILIATED MANAGERS GROU                                                         | Affiliated Managers Group Inc                                                             | CUSIP: 008252AR9<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73591.50     | 0.00%             | 2034-08-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                                                            | TransCanada PipeLines Ltd                                                                 | CUSIP: 89352HBG3<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $149068.50    | 0.00%             | 2065-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| NEW MOUNTAIN FINANCE COR                                                         | New Mountain Finance Corp                                                                 | CUSIP: 647551AG5<br>LEI: 549300L1MPTT1H7SES77 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75445.50     | 0.00%             | 2027-10-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                                | CUSIP: 683234DB1<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    400000 | PA      | $392524.00    | 0.01%             | 2027-05-19      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GJF7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    525000 | PA      | $454629.00    | 0.01%             | 2031-07-23      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| AUTODESK INC                                                                     | Autodesk Inc                                                                              | CUSIP: 052769AG1<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92804.00     | 0.00%             | 2030-01-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CBS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $9305468.80   | 0.17%             | 2028-03-31      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132AEKC9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     87699 | PA      | $83699.80     | 0.00%             | 2034-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XFJ0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1028955 | PA      | $1002312.56   | 0.02%             | 2052-09-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                                                             | Kraft Heinz Foods Co                                                                      | CUSIP: 50077LAZ9<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    250000 | PA      | $209132.50    | 0.00%             | 2049-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CLP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12800000 | PA      | $12712499.97  | 0.24%             | 2026-09-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC                                                               | Analog Devices Inc                                                                        | CUSIP: 032654BC8<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93765.00     | 0.00%             | 2054-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                               | CUSIP: 59156RAY4<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153231.00    | 0.00%             | 2041-02-06      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810TK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7100000 | PA      | $5848070.35   | 0.11%             | 2042-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081FA0<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105605.00    | 0.00%             | 2038-02-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                               | CUSIP: 68389XCU7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    300000 | PA      | $266640.00    | 0.01%             | 2054-09-27      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179MAG5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      7700 | PA      | $7593.02      | 0.00%             | 2027-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                                | CUSIP: 31428XCQ7<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76046.00     | 0.00%             | 2043-04-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                                                      | NVIDIA Corp                                                                               | CUSIP: 67066GAN4<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |    225000 | PA      | $197446.50    | 0.00%             | 2031-06-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XJW90<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2455094 | PA      | $1948909.44   | 0.04%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                                                         | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                                | CUSIP: 46590XAS5<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    150000 | PA      | $144877.50    | 0.00%             | 2027-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661ES2<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94911.00     | 0.00%             | 2063-04-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                                                         | Discovery Communications LLC                                                              | CUSIP: 25470DBJ7<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176930.00    | 0.00%             | 2030-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448EU8<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    200000 | PA      | $146988.00    | 0.00%             | 2050-03-19      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                           | CUSIP: 500769KH6<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    600000 | PA      | $617256.00    | 0.01%             | 2030-03-18      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| FLNG LIQUEFACTION 2 LLC                                                          | FLNG Liquefaction 2 LLC                                                                   | CUSIP: 33972PAB5<br>LEI: 5493008RXZY6NJ5WF161 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75213.75     | 0.00%             | 2039-12-31      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TNQ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    434960 | PA      | $383659.45    | 0.01%             | 2047-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| University of Virginia                                                           | University of Virginia                                                                    | CUSIP: 915217XF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $217861.60    | 0.00%             | 2050-09-01      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31402CPL0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    159606 | PA      | $161321.98    | 0.00%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                                      | CUSIP: 94106LBV0<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152796.00    | 0.00%             | 2029-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810EX2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    750000 | PA      | $774799.81    | 0.01%             | 2026-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 94974BGE4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    300000 | PA      | $249663.00    | 0.00%             | 2044-11-04      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                                                         | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                                | CUSIP: 46590XAL0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    230000 | PA      | $232822.10    | 0.00%             | 2030-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| XYLEM INC                                                                        | Xylem Inc/NY                                                                              | CUSIP: 98419MAJ9<br>LEI: 549300DF5MV96DRYLQ48 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98328.00     | 0.00%             | 2026-11-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                                   | CUSIP: 55336VAK6<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198518.00    | 0.00%             | 2027-03-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                                                           | Marvell Technology Inc                                                                    | CUSIP: 573874AJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $89421.00     | 0.00%             | 2031-04-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081FU6<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76890.00     | 0.00%             | 2049-03-01      | Fixed         | 3.99%                 | No            |                  2 | On Loan: No      |
| Panama Government International Bonds                                            | Panama Government International Bonds                                                     | CUSIP: 698299BT0<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    450000 | PA      | $425835.00    | 0.01%             | 2035-02-14      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XEP7<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251565.00    | 0.00%             | 2034-01-07      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CRE                                                           | Blackstone Private Credit Fund                                                            | CUSIP: 09261HAD9<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192742.00    | 0.00%             | 2026-12-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds                                       | Philippines Government International Bonds                                                | CUSIP: 718286DB0<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    200000 | PA      | $193056.00    | 0.00%             | 2049-05-14      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| ONE Gas Inc                                                                      | ONE Gas Inc                                                                               | CUSIP: 68235PAF5<br>LEI: 549300HXDWI0LATTX840 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86017.00     | 0.00%             | 2044-02-01      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| REXFORD INDUSTRIAL REALT                                                         | Rexford Industrial Realty LP                                                              | CUSIP: 76169XAC8<br>LEI: 549300028US163ELJN70 | Long             | DBT              |  | US        |     75000 | PA      | $75066.75     | 0.00%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PFM9<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    375000 | PA      | $350235.00    | 0.01%             | 2064-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                                                          | American Electric Power Co Inc                                                            | CUSIP: 025537BA8<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102614.00    | 0.00%             | 2054-12-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| JOHNS HOPKINS HEALTH SYS                                                         | Johns Hopkins Health System Corp/The                                                      | CUSIP: 478111AC1<br>LEI: 549300D81FCFUS7TQR04 | Long             | DBT              | CORP              | US        |    150000 | PA      | $114504.00    | 0.00%             | 2046-05-15      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830BK4<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    125000 | PA      | $118527.50    | 0.00%             | 2036-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | CommonSpirit Health                                                                       | CUSIP: 20268JAT0<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137928.00    | 0.00%             | 2054-12-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                                                 | Ryder System Inc                                                                          | CUSIP: 78355HLE7<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75278.25     | 0.00%             | 2030-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                                   | CUSIP: 3130AWN63<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   3500000 | PA      | $3511445.00   | 0.07%             | 2028-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78016HZZ6<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $302433.00    | 0.01%             | 2030-08-02      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                                        | CUSIP: 74456QBZ8<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    150000 | PA      | $113170.50    | 0.00%             | 2049-05-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2019-C51                                            | CUSIP: 95001VAU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1800000 | PA      | $1681763.53   | 0.03%             | 2052-06-15      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                            | CUSIP: 594918BR4<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    750000 | PA      | $735465.00    | 0.01%             | 2026-08-08      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF QUEBEC                                                               | Province of Quebec Canada                                                                 | CUSIP: 748148SB0<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    250000 | PA      | $218337.50    | 0.00%             | 2030-05-28      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J7RV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1885856 | PA      | $1688160.91   | 0.03%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                                | General Motors Co                                                                         | CUSIP: 37045VAF7<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    250000 | PA      | $238007.50    | 0.00%             | 2043-10-02      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CARLISLE COS INC                                                                 | Carlisle Cos Inc                                                                          | CUSIP: 142339AJ9<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137727.00    | 0.00%             | 2030-03-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312943LY7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     65552 | PA      | $63094.42     | 0.00%             | 2040-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XBP5<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |    150000 | PA      | $94678.50     | 0.00%             | 2050-04-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group Inc                                               | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822BE3<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    100000 | PA      | $89214.00     | 0.00%             | 2039-03-07      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78017FZQ9<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $125080.00    | 0.00%             | 2027-10-18      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QT3E7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1965788 | PA      | $2007687.93   | 0.04%             | 2054-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| International Bank for Reconstruction & Development                              | International Bank for Reconstruction & Development                                       | CUSIP: 459058JN4<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |   1000000 | PA      | $926140.00    | 0.02%             | 2027-11-24      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| BALTIMORE GAS & ELECTRIC                                                         | Baltimore Gas and Electric Co                                                             | CUSIP: 059165ER7<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75745.50     | 0.00%             | 2034-06-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YGA7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    500000 | PA      | $508885.00    | 0.01%             | 2036-04-17      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| IBM INTERNAT CAPITAL                                                             | IBM International Capital Pte Ltd                                                         | CUSIP: 449276AG9<br>LEI: 2549007KTXQQBYZO7485 | Long             | DBT              | CORP              | SG        |    150000 | PA      | $136647.00    | 0.00%             | 2054-02-05      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308JH1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    250000 | PA      | $178232.50    | 0.00%             | 2040-08-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                                        | CUSIP: 756109CG7<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    150000 | PA      | $149481.00    | 0.00%             | 2034-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CV35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    142524 | PA      | $132877.06    | 0.00%             | 2048-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                                                           | GE HealthCare Technologies Inc                                                            | CUSIP: 36267VAH6<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    200000 | PA      | $209508.00    | 0.00%             | 2030-03-15      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833EJ5<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    200000 | PA      | $171870.00    | 0.00%             | 2031-08-05      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 63743HFS6<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102319.00    | 0.00%             | 2029-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91087BAD2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    400000 | PA      | $285728.00    | 0.01%             | 2048-02-10      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XDS2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    250000 | PA      | $215877.50    | 0.00%             | 2032-01-12      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Energy Partners LP                                                 | Kinder Morgan Energy Partners LP                                                          | CUSIP: 494550BF2<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155782.50    | 0.00%             | 2040-09-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ACV5<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200852.00    | 0.00%             | 2033-01-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138M5VS5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    390576 | PA      | $373080.67    | 0.01%             | 2042-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING                                                          | DCP Midstream Operating LP                                                                | CUSIP: 23311VAK3<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |    200000 | PA      | $173158.00    | 0.00%             | 2032-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                                                   | Microsoft Corp                                                                            | CUSIP: 594918CQ5<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74276.25     | 0.00%             | 2027-06-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                            | CUSIP: 10373QBK5<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98741.00     | 0.00%             | 2027-04-06      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| Burlington Northern Santa Fe LLC                                                 | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LBE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $71800.00     | 0.00%             | 2050-02-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                          | CUSIP: 124857AN3<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    130000 | PA      | $95676.10     | 0.00%             | 2045-01-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| OEKB OEST. KONTROLLBANK                                                          | Oesterreichische Kontrollbank AG                                                          | CUSIP: 676167CK3<br>LEI: 5299000OVRLMF858L016 | Long             | DBT              | CORP              | AT        |    200000 | PA      | $202428.00    | 0.00%             | 2026-10-23      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Packaging Corp of America                                                        | Packaging Corp of America                                                                 | CUSIP: 695156AT6<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73109.25     | 0.00%             | 2027-12-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Discovery Communications LLC                                                     | Discovery Communications LLC                                                              | CUSIP: 25470DAT6<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    160000 | PA      | $111835.20    | 0.00%             | 2047-09-20      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                                                         | Duke Energy Progress LLC                                                                  | CUSIP: 26442UAG9<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196612.00    | 0.00%             | 2028-09-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967BL4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    200000 | PA      | $215500.00    | 0.00%             | 2032-06-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| OVINTIV INC                                                                      | Ovintiv Inc                                                                               | CUSIP: 69047QAD4<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97884.00     | 0.00%             | 2053-07-15      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                                                         | Duke Energy Progress LLC                                                                  | CUSIP: 26442RAD3<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    178000 | PA      | $141698.68    | 0.00%             | 2044-12-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XDR4<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143565.00    | 0.00%             | 2027-02-26      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| MAYO CLINIC                                                                      | Mayo Clinic                                                                               | CUSIP: 578454AF7<br>LEI: 5493001OHMD58DCY4635 | Long             | DBT              | CORP              | US        |    150000 | PA      | $91803.00     | 0.00%             | 2061-11-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TUA1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    158486 | PA      | $143605.15    | 0.00%             | 2048-03-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XHY5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2236445 | PA      | $2128203.56   | 0.04%             | 2052-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31283HZ40<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     14112 | PA      | $14555.29     | 0.00%             | 2034-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                                                  | Cigna Group/The                                                                           | CUSIP: 125523CD0<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101614.00    | 0.00%             | 2041-11-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| BLUE OWL CAPITAL CORP II                                                         | Blue Owl Capital Corp II                                                                  | CUSIP: 69121DAD2<br>LEI: 549300MMNWZO5XKDDX47 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51923.00     | 0.00%             | 2026-11-15      | Fixed         | 8.45%                 | No            |                  2 | On Loan: No      |
| FACTSET RESEARCH SYSTEMS                                                         | FactSet Research Systems Inc                                                              | CUSIP: 303075AA3<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96995.00     | 0.00%             | 2027-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Eaton Corp                                                                       | Eaton Corp                                                                                | CUSIP: 278062AE4<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |    150000 | PA      | $125650.50    | 0.00%             | 2042-11-02      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CBG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     72076 | PA      | $67574.59     | 0.00%             | 2036-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DJM5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     44395 | PA      | $39405.74     | 0.00%             | 2039-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477CN1<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200684.00    | 0.00%             | 2029-02-20      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TGY5<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    200000 | PA      | $189548.00    | 0.00%             | 2030-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                              | CUSIP: 251526CP2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    250000 | PA      | $240815.00    | 0.00%             | 2027-11-16      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138X5R25<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     67684 | PA      | $65511.85     | 0.00%             | 2033-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| American Water Capital Corp                                                      | American Water Capital Corp                                                               | CUSIP: 03040WAP0<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |    150000 | PA      | $115764.00    | 0.00%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                                  | CUSIP: 744320BF8<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150090.00    | 0.00%             | 2048-09-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                                   | CUSIP: 55336VAT7<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    300000 | PA      | $263628.00    | 0.00%             | 2049-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SUN COMMUNITIES OPER LP                                                          | Sun Communities Operating LP                                                              | CUSIP: 866677AF4<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              |  | US        |    100000 | PA      | $92638.00     | 0.00%             | 2028-11-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179MVR8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    776956 | PA      | $701262.86    | 0.01%             | 2042-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State Street Institutional US Government Money Market Fund                       | State Street Institutional US Government Money Market Fund                                | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |  73364982 | NS      | $73364982.10  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XEG7<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204460.00    | 0.00%             | 2030-04-06      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Applied Materials Inc                                                            | Applied Materials Inc                                                                     | CUSIP: 038222AL9<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |    225000 | PA      | $221665.50    | 0.00%             | 2027-04-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| NSTAR Electric Co                                                                | NSTAR Electric Co                                                                         | CUSIP: 67021CAJ6<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |     50000 | PA      | $41369.00     | 0.00%             | 2044-03-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| HERSHEY COMPANY                                                                  | Hershey Co/The                                                                            | CUSIP: 427866BG2<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $59308.00     | 0.00%             | 2050-06-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D5C2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1241028 | PA      | $1122436.79   | 0.02%             | 2036-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO                                                              | Consumers Energy Co                                                                       | CUSIP: 210518DJ2<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |    200000 | PA      | $106896.00    | 0.00%             | 2060-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                                                     | AutoZone Inc                                                                              | CUSIP: 053332BK7<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |    125000 | PA      | $126097.50    | 0.00%             | 2034-07-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Republic of Chile                                                                | Chile Government International Bond                                                       | CUSIP: 168863BP2<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    150000 | PA      | $116634.00    | 0.00%             | 2042-10-30      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X5SR5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    210781 | PA      | $207009.15    | 0.00%             | 2047-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WP93<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2650239 | PA      | $2131028.06   | 0.04%             | 2051-10-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANK NA                                                              | Fifth Third Bank NA                                                                       | CUSIP: 31677QBU2<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251057.50    | 0.00%             | 2028-01-28      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 59022CAB9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152944.50    | 0.00%             | 2026-09-15      | Fixed         | 6.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CGD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1842913 | PA      | $1613937.90   | 0.03%             | 2047-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J5DM8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    395907 | PA      | $378063.47    | 0.01%             | 2032-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EB90<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2431698 | PA      | $1990550.80   | 0.04%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NYU LANGONE HOSPITALS                                                            | NYU Langone Hospitals                                                                     | CUSIP: 62954RAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $98794.50     | 0.00%             | 2055-07-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280CY3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    350000 | PA      | $304766.00    | 0.01%             | 2032-11-22      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets America Inc                                                   | BP Capital Markets America Inc                                                            | CUSIP: 10373QAT7<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197864.00    | 0.00%             | 2026-05-04      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC                                                         | Constellation Energy Generation LLC                                                       | CUSIP: 210385AD2<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105726.00    | 0.00%             | 2034-01-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 94973VBB2<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    150000 | PA      | $128310.00    | 0.00%             | 2043-01-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                        | Uniform Mortgage-Backed Security, TBA                                                     | CUSIP: 01F050668<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6500000 | PA      | $6293862.25   | 0.12%             | 2054-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIAGEO CAPITAL PLC                                                               | Diageo Capital PLC                                                                        | CUSIP: 25243YBD0<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $222727.50    | 0.00%             | 2030-04-29      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                                                      | Truist Bank                                                                               | CUSIP: 89788KAA4<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |    250000 | PA      | $221215.00    | 0.00%             | 2030-03-11      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J6GJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    632123 | PA      | $572858.37    | 0.01%             | 2047-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                                                                   | Starbucks Corp                                                                            | CUSIP: 855244AU3<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    150000 | PA      | $119824.50    | 0.00%             | 2049-08-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QMCK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1988980 | PA      | $1710608.52   | 0.03%             | 2051-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AXIS SPECIALTY FINANCE                                                           | AXIS Specialty Finance LLC                                                                | CUSIP: 05463HAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $96268.00     | 0.00%             | 2029-07-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312942XS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     37593 | PA      | $36185.91     | 0.00%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO                                                                  | DTE Electric Co                                                                           | CUSIP: 23338VAM8<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89916.00     | 0.00%             | 2031-03-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| AEP Transmission Co LLC                                                          | AEP Transmission Co LLC                                                                   | CUSIP: 00115AAH2<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |    150000 | PA      | $110665.50    | 0.00%             | 2047-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                                      | CUSIP: 94106LBX6<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152185.50    | 0.00%             | 2027-07-03      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Packaging Corp of America                                                        | Packaging Corp of America                                                                 | CUSIP: 695156AU3<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140130.00    | 0.00%             | 2029-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650DR8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $167556.00    | 0.00%             | 2031-09-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PCR1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    350000 | PA      | $299180.00    | 0.01%             | 2045-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | Golden State Tobacco Securitization Corp.                                                 | CUSIP: 38122NB50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $83992.40     | 0.00%             | 2034-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MFP4<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197020.00    | 0.00%             | 2027-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VISA INC                                                                         | Visa Inc                                                                                  | CUSIP: 92826CAQ5<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    250000 | PA      | $133710.00    | 0.00%             | 2050-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Lincoln National Corp                                                            | Lincoln National Corp                                                                     | CUSIP: 534187BH1<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97810.00     | 0.00%             | 2028-03-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LBB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $80457.00     | 0.00%             | 2047-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132GK2H8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     27871 | PA      | $25846.61     | 0.00%             | 2041-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CEM9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8000000 | PA      | $7702187.52   | 0.14%             | 2029-04-30      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                                                        | IQVIA Inc                                                                                 | CUSIP: 46266TAC2<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203508.00    | 0.00%             | 2028-05-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP                                                         | Host Hotels & Resorts LP                                                                  | CUSIP: 44107TAZ9<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              |  | US        |    225000 | PA      | $205285.50    | 0.00%             | 2030-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                                                     | Alphabet Inc                                                                              | CUSIP: 02079KAF4<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    400000 | PA      | $217620.00    | 0.00%             | 2050-08-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| NEWMARKET CORP                                                                   | NewMarket Corp                                                                            | CUSIP: 651587AG2<br>LEI: 54930082CG88ERDREQ47 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88102.00     | 0.00%             | 2031-03-18      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Burlington Northern Santa Fe LLC                                                 | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LAW1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $204697.50    | 0.00%             | 2045-04-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162BA7<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     50000 | PA      | $53169.50     | 0.00%             | 2039-02-01      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                                                  | Cigna Group/The                                                                           | CUSIP: 125523AJ9<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    405000 | PA      | $370903.05    | 0.01%             | 2038-08-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC                                                           | Roper Technologies Inc                                                                    | CUSIP: 776743AN6<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140200.50    | 0.00%             | 2027-09-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132KF5Q1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    131193 | PA      | $126434.65    | 0.00%             | 2032-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140M9CA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1815858 | PA      | $1599731.32   | 0.03%             | 2037-02-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                                | CUSIP: 14040HCS2<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300963.00    | 0.01%             | 2028-05-10      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| JOHN SEVIER COMB CYCLE                                                           | John Sevier Combined Cycle Generation LLC                                                 | CUSIP: 478045AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     77998 | PA      | $73637.63     | 0.00%             | 2042-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Reinsurance Group of America Inc                                                 | Reinsurance Group of America Inc                                                          | CUSIP: 759351AP4<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |    200000 | PA      | $185278.00    | 0.00%             | 2030-06-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK OP LLC                                                                | Healthpeak OP LLC                                                                         | CUSIP: 40414LAQ2<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              |  | US        |    200000 | PA      | $197006.00    | 0.00%             | 2026-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QMT79<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1967156 | PA      | $1629038.22   | 0.03%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                                                              | Estee Lauder Cos Inc/The                                                                  | CUSIP: 29736RAR1<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |    150000 | PA      | $128802.00    | 0.00%             | 2031-03-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CHY0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8100000 | PA      | $8157744.17   | 0.15%             | 2026-09-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                               | CUSIP: 02665WDW8<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    250000 | PA      | $233500.00    | 0.00%             | 2028-03-24      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417AD63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5099 | PA      | $5037.96      | 0.00%             | 2026-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Energy Partners LP                                                 | Kinder Morgan Energy Partners LP                                                          | CUSIP: 494550AV8<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     75000 | PA      | $78551.25     | 0.00%             | 2037-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Federal Home Loan Mortgage Corp                                                           | CUSIP: 3134A4KX1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |   1100000 | PA      | $1235509.00   | 0.02%             | 2032-07-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280CC1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    650000 | PA      | $626632.50    | 0.01%             | 2030-05-22      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | Municipal Electric Authority of Georgia                                                   | CUSIP: 626207YS7<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    287000 | PA      | $312259.16    | 0.01%             | 2057-04-01      | Fixed         | 7.06%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                              | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KBM1<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138880.50    | 0.00%             | 2029-11-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                         | CUSIP: 30040WAX6<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99831.00     | 0.00%             | 2034-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                          | CUSIP: 95040QAF1<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |    100000 | PA      | $89333.00     | 0.00%             | 2048-09-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                                            | Micron Technology Inc                                                                     | CUSIP: 595112BV4<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    200000 | PA      | $213964.00    | 0.00%             | 2029-11-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR INC                                                                  | Caterpillar Inc                                                                           | CUSIP: 149123CK5<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |    200000 | PA      | $174376.00    | 0.00%             | 2031-03-12      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| ERP OPERATING LP                                                                 | ERP Operating LP                                                                          | CUSIP: 26884ABP7<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |    100000 | PA      | $95379.00     | 0.00%             | 2034-09-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                                     | CUSIP: 88579YBJ9<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138078.00    | 0.00%             | 2029-08-26      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                                                       | US Bancorp                                                                                | CUSIP: 91159HHS2<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247660.00    | 0.00%             | 2028-04-26      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PBM7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    250000 | PA      | $187237.50    | 0.00%             | 2041-04-22      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128P8DM0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     84456 | PA      | $79014.76     | 0.00%             | 2037-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                             | CUSIP: 744448CG4<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $75456.00     | 0.00%             | 2042-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752AS2<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    200000 | PA      | $136912.00    | 0.00%             | 2051-03-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ORIX CORP                                                                        | ORIX Corp                                                                                 | CUSIP: 686330AR2<br>LEI: 35380016EMHNBOVYE123 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $200228.00    | 0.00%             | 2032-09-13      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER CO                                                                 | Alabama Power Co                                                                          | CUSIP: 010392FY9<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99060.00     | 0.00%             | 2027-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                          | HCA Inc                                                                                   | CUSIP: 404121AJ4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255737.50    | 0.00%             | 2028-09-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Visa Inc                                                                         | Visa Inc                                                                                  | CUSIP: 92826CAF9<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    670000 | PA      | $572139.80    | 0.01%             | 2045-12-14      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                                                         | CenterPoint Energy Houston Electric LLC                                                   | CUSIP: 15189XBA5<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     75000 | PA      | $64914.00     | 0.00%             | 2052-10-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| BLACKROCK FUNDING INC                                                            | BlackRock Funding Inc                                                                     | CUSIP: 09290DAJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $99694.00     | 0.00%             | 2035-01-08      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687FX9<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    450000 | PA      | $410148.00    | 0.01%             | 2031-01-13      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816DP1<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    350000 | PA      | $353360.00    | 0.01%             | 2028-02-16      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| WISCONSIN POWER & LIGHT                                                          | Wisconsin Power and Light Co                                                              | CUSIP: 976826BR7<br>LEI: JWBYHVQVMY66CVCOSO49 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99037.00     | 0.00%             | 2033-04-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Waste Management Inc                                                             | Waste Management Inc                                                                      | CUSIP: 94106LBC2<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    112000 | PA      | $91243.04     | 0.00%             | 2045-03-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448ER5<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146190.00    | 0.00%             | 2027-03-19      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VBR3<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97499.00     | 0.00%             | 2078-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ELECTRONIC ARTS INC                                                              | Electronic Arts Inc                                                                       | CUSIP: 285512AE9<br>LEI: 549300O7A67PUEYKDL45 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85860.00     | 0.00%             | 2031-02-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31416TL56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     83041 | PA      | $83608.54     | 0.00%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ecolab Inc                                                                       | Ecolab Inc                                                                                | CUSIP: 278865BA7<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |     75000 | PA      | $58633.50     | 0.00%             | 2047-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VZQ6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5810883 | PA      | $4675001.33   | 0.09%             | 2050-12-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                                                         | European Investment Bank                                                                  | CUSIP: 298785HD1<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $491425.00    | 0.01%             | 2026-04-13      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| SOLVENTUM CORP                                                                   | Solventum Corp                                                                            | CUSIP: 83444MAS0<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |    250000 | PA      | $240102.50    | 0.00%             | 2054-04-30      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                               | Royalty Pharma PLC                                                                        | CUSIP: 78081BAM5<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $97707.00     | 0.00%             | 2050-09-02      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738ECR4<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    350000 | PA      | $358998.50    | 0.01%             | 2030-03-12      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| CUMMINS INC                                                                      | Cummins Inc                                                                               | CUSIP: 231021AT3<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | DBT              | CORP              | US        |    150000 | PA      | $129328.50    | 0.00%             | 2030-09-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| COTERRA ENERGY INC                                                               | Coterra Energy Inc                                                                        | CUSIP: 127097AM5<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145674.00    | 0.00%             | 2035-02-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Ovintiv Inc                                                                      | Ovintiv Inc                                                                               | CUSIP: 012873AK1<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |    200000 | PA      | $213788.00    | 0.00%             | 2031-11-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                                     | CUSIP: 89788MAT9<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200992.00    | 0.00%             | 2032-08-05      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BRITISH COLUMBIA PROV OF                                                         | Province of British Columbia Canada                                                       | CUSIP: 110709AN2<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |    350000 | PA      | $350661.50    | 0.01%             | 2034-06-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202FY67<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    704054 | PA      | $668263.58    | 0.01%             | 2041-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BANCO BILBAO VIZCAYA ARG                                                         | Banco Bilbao Vizcaya Argentaria SA                                                        | CUSIP: 05946KAL5<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $206006.00    | 0.00%             | 2028-09-14      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NDK4<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196408.00    | 0.00%             | 2027-04-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 949746TB7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $111369.00    | 0.00%             | 2029-11-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214DK6<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    150000 | PA      | $147804.00    | 0.00%             | 2027-03-08      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312945DN5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     26003 | PA      | $24099.81     | 0.00%             | 2041-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                          | CUSIP: 95040QAH7<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |    150000 | PA      | $148171.50    | 0.00%             | 2029-03-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                                     | NiSource Inc                                                                              | CUSIP: 65473PAN5<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203882.00    | 0.00%             | 2028-03-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FLEX LTD                                                                         | Flex Ltd                                                                                  | CUSIP: 33938XAB1<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |    100000 | PA      | $99343.00     | 0.00%             | 2030-05-12      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| International Bank for Reconstruction & Development                              | International Bank for Reconstruction & Development                                       | CUSIP: 459058JW4<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |   1000000 | PA      | $931510.00    | 0.02%             | 2028-04-20      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC                                                           | Roper Technologies Inc                                                                    | CUSIP: 776696AG1<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99496.00     | 0.00%             | 2029-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Eversource Energy                                                                | Eversource Energy                                                                         | CUSIP: 30040WAE8<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96876.00     | 0.00%             | 2028-01-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJRW2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     41812 | PA      | $38767.98     | 0.00%             | 2042-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                                 | CUSIP: 037833BX7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    625000 | PA      | $561718.75    | 0.01%             | 2046-02-23      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                                         | Western Midstream Operating LP                                                            | CUSIP: 958667AE7<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204450.00    | 0.00%             | 2033-04-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                                                      | Nutrien Ltd                                                                               | CUSIP: 67077MAT5<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $98464.00     | 0.00%             | 2029-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| PPG INDUSTRIES INC                                                               | PPG Industries Inc                                                                        | CUSIP: 693506BR7<br>LEI: 549300BKPEP01R3V6C59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93329.00     | 0.00%             | 2029-08-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| AON CORP                                                                         | Aon Corp                                                                                  | CUSIP: 037389BE2<br>LEI: LTS3U8DGK38SETRUWX71 | Long             | DBT              | CORP              | US        |    200000 | PA      | $183344.00    | 0.00%             | 2030-05-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PFH0<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    300000 | PA      | $298572.00    | 0.01%             | 2032-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJXE5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    375460 | PA      | $342552.83    | 0.01%             | 2045-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 94973VBK2<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    150000 | PA      | $127104.00    | 0.00%             | 2044-08-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| NIKE Inc                                                                         | NIKE Inc                                                                                  | CUSIP: 654106AF0<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97541.00     | 0.00%             | 2026-11-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                               | Royalty Pharma PLC                                                                        | CUSIP: 78081BAS2<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |     75000 | PA      | $70583.25     | 0.00%             | 2054-09-02      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                                                             | Targa Resources Corp                                                                      | CUSIP: 87612GAA9<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137259.00    | 0.00%             | 2033-02-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128L1E30<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     24774 | PA      | $25887.11     | 0.00%             | 2037-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Northern States Power Co/MN                                                      | Northern States Power Co/MN                                                               | CUSIP: 665772CJ6<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |    250000 | PA      | $186735.00    | 0.00%             | 2042-08-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                                        | Michigan State University                                                                 | CUSIP: 594712WY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $53306.70     | 0.00%             | 2122-08-15      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JCZ5<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125375.00    | 0.00%             | 2035-04-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                                                               | Expand Energy Corp                                                                        | CUSIP: 845467AT6<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    200000 | PA      | $188834.00    | 0.00%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EXPORT DEVELOPMNT CANADA                                                         | Export Development Canada                                                                 | CUSIP: 30216BJW3<br>LEI: Z6MHCSLXHKYG4B6PHW02 | Long             | DBT              | NUSS              | CA        |    750000 | PA      | $749025.00    | 0.01%             | 2028-02-14      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC                                                               | Analog Devices Inc                                                                        | CUSIP: 032654AU9<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |    200000 | PA      | $183762.00    | 0.00%             | 2028-10-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CBK9<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139053.00    | 0.00%             | 2053-01-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448EM6<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     75000 | PA      | $52743.00     | 0.00%             | 2049-07-29      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NED9<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201364.00    | 0.00%             | 2029-01-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Fidelity National Information Services Inc                                       | Fidelity National Information Services Inc                                                | CUSIP: 31620MBS4<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139039.50    | 0.00%             | 2028-03-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| EQUINOR ASA                                                                      | Equinor ASA                                                                               | CUSIP: 29446MAK8<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |    100000 | PA      | $90652.00     | 0.00%             | 2030-05-22      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SQY6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    194246 | PA      | $189356.42    | 0.00%             | 2046-11-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                         | CUSIP: 478160BU7<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    200000 | PA      | $177678.00    | 0.00%             | 2036-03-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                                                         | European Investment Bank                                                                  | CUSIP: 298785DV5<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    800000 | PA      | $828064.00    | 0.02%             | 2036-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135BY1<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    400000 | PA      | $374088.00    | 0.01%             | 2028-05-12      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CLM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7200000 | PA      | $7005656.23   | 0.13%             | 2031-09-30      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ELECTRONIC ARTS INC                                                              | Electronic Arts Inc                                                                       | CUSIP: 285512AF6<br>LEI: 549300O7A67PUEYKDL45 | Long             | DBT              | CORP              | US        |    125000 | PA      | $76151.25     | 0.00%             | 2051-02-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Canadian National Railway Co                                                     | Canadian National Railway Co                                                              | CUSIP: 136375CK6<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $104317.50    | 0.00%             | 2046-08-02      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738ECJ2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $204232.00    | 0.00%             | 2027-09-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AON CORP/AON GLOBAL HOLD                                                         | Aon Corp / Aon Global Holdings PLC                                                        | CUSIP: 03740LAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    100000 | PA      | $87546.00     | 0.00%             | 2031-12-02      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417CKY0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     16792 | PA      | $16475.93     | 0.00%             | 2027-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XHZ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1595453 | PA      | $1554142.04   | 0.03%             | 2052-10-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duke Energy Indiana LLC                                                          | Duke Energy Indiana LLC                                                                   | CUSIP: 263901AF7<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88665.00     | 0.00%             | 2043-07-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119CT4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    300000 | PA      | $305646.00    | 0.01%             | 2031-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DN81<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    341802 | PA      | $325602.14    | 0.01%             | 2035-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31292SBM1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     26521 | PA      | $24570.00     | 0.00%             | 2043-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                                      | CUSIP: 94106LCD9<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125318.75    | 0.00%             | 2032-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308JG3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    350000 | PA      | $301126.00    | 0.01%             | 2031-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687EH5<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    200000 | PA      | $225362.00    | 0.00%             | 2037-11-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822CL6<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $201726.00    | 0.00%             | 2028-07-20      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                               | Meta Platforms Inc                                                                        | CUSIP: 30303M8S4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200868.00    | 0.00%             | 2029-08-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448FX1<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151527.00    | 0.00%             | 2029-07-17      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SAFEHOLD GL HOLDINGS LLC                                                         | Safehold GL Holdings LLC                                                                  | CUSIP: 78646UAB5<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              |  | US        |    100000 | PA      | $85223.00     | 0.00%             | 2032-01-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | Diamondback Energy Inc                                                                    | CUSIP: 25278XAQ2<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74980.00     | 0.00%             | 2051-03-24      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                               | CUSIP: 02665WEV9<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155023.50    | 0.00%             | 2028-11-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VAV5<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97731.00     | 0.00%             | 2042-02-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds                                       | Philippines Government International Bonds                                                | CUSIP: 718286AY3<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    250000 | PA      | $301655.00    | 0.01%             | 2030-02-02      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                                   | CUSIP: 742718GG8<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148702.50    | 0.00%             | 2034-01-29      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135BU9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    375000 | PA      | $210465.00    | 0.00%             | 2060-06-03      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650EE6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143911.50    | 0.00%             | 2044-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VES9<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196140.00    | 0.00%             | 2029-02-08      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MDC HOLDINGS INC                                                                 | MDC Holdings Inc                                                                          | CUSIP: 552676AT5<br>LEI: 5299005FV4VNV75R8R35 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94917.00     | 0.00%             | 2030-01-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Patterson-UTI Energy Inc                                                         | Patterson-UTI Energy Inc                                                                  | CUSIP: 703481AB7<br>LEI: 254900XGFBKIXD6G0697 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71966.25     | 0.00%             | 2028-02-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PDF0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    400000 | PA      | $398456.00    | 0.01%             | 2030-06-14      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| APPALACHIAN POWER CO                                                             | Appalachian Power Co                                                                      | CUSIP: 037735CY1<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |    100000 | PA      | $67849.00     | 0.00%             | 2050-05-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                               | CUSIP: 931142FD0<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    250000 | PA      | $242577.50    | 0.00%             | 2033-04-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D57E6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    844279 | PA      | $765544.98    | 0.01%             | 2036-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| STANFORD UNIVERSITY                                                              | Leland Stanford Junior University/The                                                     | CUSIP: 85440KAC8<br>LEI: JIUV0DC2REIJXQ26CR37 | Long             | DBT              | CORP              | US        |    200000 | PA      | $189216.00    | 0.00%             | 2027-06-01      | Fixed         | 1.29%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36180AAF0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4135729 | PA      | $4111232.60   | 0.08%             | 2054-09-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                               | CUSIP: 931142EN9<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145212.00    | 0.00%             | 2029-07-08      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31307DBS4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    122535 | PA      | $119681.12    | 0.00%             | 2028-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Simon Property Group LP                                                          | Simon Property Group LP                                                                   | CUSIP: 828807CY1<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    250000 | PA      | $245925.00    | 0.00%             | 2026-11-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| INTERSTATE POWER & LIGHT                                                         | Interstate Power and Light Co                                                             | CUSIP: 461070AS3<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |    200000 | PA      | $179156.00    | 0.00%             | 2030-06-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Precision Castparts Corp                                                         | Precision Castparts Corp                                                                  | CUSIP: 740189AH8<br>LEI: 0XOOAY5P5J7Q734SEC89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79531.00     | 0.00%             | 2043-01-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CDJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20100000 | PA      | $16980574.27  | 0.32%             | 2031-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Canadian Natural Resources Ltd                                                   | Canadian Natural Resources Ltd                                                            | CUSIP: 136385AC5<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |     75000 | PA      | $81477.75     | 0.00%             | 2032-01-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois                                                                         | CUSIP: 452151LF8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1446588 | PA      | $1437775.62   | 0.03%             | 2033-06-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822DC5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $202526.00    | 0.00%             | 2034-04-19      | Fixed         | 5.41%                 | No            |                  2 | On Loan: —       |
| PRINCIPAL FINANCIAL GRP                                                          | Principal Financial Group Inc                                                             | CUSIP: 74251VAU6<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70617.75     | 0.00%             | 2053-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MCCORMICK & CO                                                                   | McCormick & Co Inc/MD                                                                     | CUSIP: 579780AP2<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |     50000 | PA      | $38968.50     | 0.00%             | 2047-08-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417EUV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     44054 | PA      | $43120.86     | 0.00%             | 2028-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133CYR83<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2182875 | PA      | $2117500.43   | 0.04%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PBN5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    400000 | PA      | $261064.00    | 0.00%             | 2051-04-22      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| Baxter International Inc                                                         | Baxter International Inc                                                                  | CUSIP: 071813BP3<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |     85000 | PA      | $58383.95     | 0.00%             | 2046-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ER6B1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    180169 | PA      | $157783.91    | 0.00%             | 2047-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214DW0<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $245197.50    | 0.00%             | 2028-01-25      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DYY2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    202686 | PA      | $166358.67    | 0.00%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CBL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19050000 | PA      | $16281796.88  | 0.31%             | 2031-02-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| GENERAL DYNAMICS CORP                                                            | General Dynamics Corp                                                                     | CUSIP: 369550BP2<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88102.00     | 0.00%             | 2031-06-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Interpublic Group of Cos Inc/The                                                 | Interpublic Group of Cos Inc/The                                                          | CUSIP: 460690BQ2<br>LEI: 5493008IUOJ5VWTRC333 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89849.00     | 0.00%             | 2048-10-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Brown & Brown Inc                                                                | Brown & Brown Inc                                                                         | CUSIP: 115236AB7<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74472.75     | 0.00%             | 2029-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66 CO                                                                   | Phillips 66 Co                                                                            | CUSIP: 718547AT9<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151645.50    | 0.00%             | 2027-12-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY INDIANA LLC                                                          | Duke Energy Indiana LLC                                                                   | CUSIP: 26443TAC0<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |    100000 | PA      | $59355.00     | 0.00%             | 2050-04-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Resources Corp                                                | CenterPoint Energy Resources Corp                                                         | CUSIP: 15189WAH3<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99315.00     | 0.00%             | 2041-01-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YCY3<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    350000 | PA      | $334334.00    | 0.01%             | 2035-03-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| EMERSON ELECTRIC CO                                                              | Emerson Electric Co                                                                       | CUSIP: 291011BS2<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $121740.00    | 0.00%             | 2051-12-21      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                                                  | Cigna Group/The                                                                           | CUSIP: 125523AZ3<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    145000 | PA      | $140455.70    | 0.00%             | 2027-10-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                                                  | Chevron USA Inc                                                                           | CUSIP: 166756BF2<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125062.50    | 0.00%             | 2035-04-15      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91087BAG5<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    275000 | PA      | $192321.25    | 0.00%             | 2050-01-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TransCanada PipeLines Ltd                                                        | TransCanada PipeLines Ltd                                                                 | CUSIP: 89352HAE9<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $110049.00    | 0.00%             | 2038-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Simon Property Group LP                                                          | Simon Property Group LP                                                                   | CUSIP: 828807CZ8<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    150000 | PA      | $118957.50    | 0.00%             | 2046-11-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680CF8<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $179204.00    | 0.00%             | 2054-11-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833EU0<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100461.00    | 0.00%             | 2030-05-10      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CLK5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12100000 | PA      | $11958203.13  | 0.22%             | 2029-08-31      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 89115A2E1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    400000 | PA      | $387912.00    | 0.01%             | 2032-06-08      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400FL2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99200.00     | 0.00%             | 2039-03-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| GENERAL ELECTRIC CO                                                              | General Electric Co                                                                       | CUSIP: 36962GXZ2<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |    200000 | PA      | $223438.00    | 0.00%             | 2032-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SHELL FINANCE US INC                                                             | Shell Finance US Inc                                                                      | CUSIP: 822905AF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $230752.50    | 0.00%             | 2029-11-07      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                           | CUSIP: 4581X0DQ8<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $464360.00    | 0.01%             | 2027-09-16      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200KX8<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201250.00    | 0.00%             | 2028-02-06      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076BZ4<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    200000 | PA      | $131014.00    | 0.00%             | 2049-12-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111EU3<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    100000 | PA      | $111599.00    | 0.00%             | 2038-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SOLVENTUM CORP                                                                   | Solventum Corp                                                                            | CUSIP: 83444MAN1<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202546.00    | 0.00%             | 2027-02-25      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                           | Canadian Imperial Bank of Commerce                                                        | CUSIP: 13607LNG4<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $254135.00    | 0.00%             | 2028-04-28      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752AK9<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    150000 | PA      | $104629.50    | 0.00%             | 2049-09-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J7LS2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    226633 | PA      | $209855.22    | 0.00%             | 2046-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UNILEVER CAPITAL CORP                                                            | Unilever Capital Corp                                                                     | CUSIP: 904764BV8<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147267.00    | 0.00%             | 2034-08-12      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                                      | CUSIP: 49271VAJ9<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93392.00     | 0.00%             | 2030-05-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                                         | EQT Corp                                                                                  | CUSIP: 26884LAW9<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97813.00     | 0.00%             | 2029-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FCF6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152463.00    | 0.00%             | 2030-04-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power                                                   | CUSIP: 544495VY7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    200000 | PA      | $206578.60    | 0.00%             | 2045-07-01      | Fixed         | 6.57%                 | No            |                  2 | On Loan: No      |
| Honeywell International Inc                                                      | Honeywell International Inc                                                               | CUSIP: 438516BL9<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    300000 | PA      | $292320.00    | 0.01%             | 2026-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CGC9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7900000 | PA      | $7903085.98   | 0.15%             | 2027-12-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                              | CUSIP: 883556BY7<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |    200000 | PA      | $159132.00    | 0.00%             | 2047-08-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128P7ZN6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    107986 | PA      | $103268.59    | 0.00%             | 2033-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31292LPX7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     52918 | PA      | $49064.82     | 0.00%             | 2042-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev Worldwide Inc                                               | Anheuser-Busch InBev Worldwide Inc                                                        | CUSIP: 03523TBU1<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    400000 | PA      | $402192.00    | 0.01%             | 2039-01-23      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138W1SQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    203872 | PA      | $182526.63    | 0.00%             | 2043-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Israel                                                                  | Israel Government International Bond                                                      | CUSIP: 46513YJJ8<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    200000 | PA      | $147650.00    | 0.00%             | 2048-01-17      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                                                     | AutoZone Inc                                                                              | CUSIP: 053332BA9<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $127152.00    | 0.00%             | 2031-01-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| CORNELL UNIVERSITY                                                               | Cornell University                                                                        | CUSIP: 219207AC1<br>LEI: 549300ZZIJPNT0RZWP17 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98925.00     | 0.00%             | 2034-06-15      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418BVH6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    295510 | PA      | $277890.51    | 0.01%             | 2045-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397B36<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    425000 | PA      | $378930.00    | 0.01%             | 2030-11-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS                                                         | Air Products and Chemicals Inc                                                            | CUSIP: 009158AZ9<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |    150000 | PA      | $107119.50    | 0.00%             | 2040-05-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| BANK OZK                                                                         | Bank OZK                                                                                  | CUSIP: 06417NA94<br>LEI: 549300VYK2WBD7SST478 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90069.00     | 0.00%             | 2031-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LAN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $172564.00    | 0.00%             | 2043-03-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Broadridge Financial Solutions Inc                                               | Broadridge Financial Solutions Inc                                                        | CUSIP: 11133TAC7<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98539.00     | 0.00%             | 2026-06-27      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS CO                                                               | Sonoco Products Co                                                                        | CUSIP: 835495AL6<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91940.00     | 0.00%             | 2030-05-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| FRANCISCAN HEALTH SYS                                                            | Franciscan Missionaries of Our Lady Health System Inc                                     | CUSIP: 351837AA7<br>LEI: 254900OPFK0OOKZFLV35 | Long             | DBT              | CORP              | US        |     50000 | PA      | $36696.00     | 0.00%             | 2049-07-01      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YEL5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    500000 | PA      | $439690.00    | 0.01%             | 2033-01-21      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                                  | CUSIP: 126408HM8<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149112.00    | 0.00%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Simon Property Group LP                                                          | Simon Property Group LP                                                                   | CUSIP: 828807CL9<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    100000 | PA      | $87763.00     | 0.00%             | 2042-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                           | CUSIP: 500769KC7<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |   1000000 | PA      | $1001980.00   | 0.02%             | 2029-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308HD2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    150000 | PA      | $118014.00    | 0.00%             | 2043-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                                                    | Allstate Corp/The                                                                         | CUSIP: 020002BJ9<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |     75000 | PA      | $63340.50     | 0.00%             | 2030-12-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    400000 | PA      | $412884.00    | 0.01%             | 2030-05-13      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FBN6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2247998 | PA      | $2226807.05   | 0.04%             | 2054-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                                    | CUSIP: 62954HAX6<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    100000 | PA      | $97445.00     | 0.00%             | 2027-05-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| QUEST DIAGNOSTICS INC                                                            | Quest Diagnostics Inc                                                                     | CUSIP: 74834LBE9<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150759.00    | 0.00%             | 2027-12-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                                    | CUSIP: 202795JB7<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85977.00     | 0.00%             | 2043-08-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VBL6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149125.50    | 0.00%             | 2027-02-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC / Charter Communications Operating Capital  | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175BM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $138187.50    | 0.00%             | 2038-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CCW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11000000 | PA      | $10560859.43  | 0.20%             | 2026-08-31      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS CO                                                               | Ameren Illinois Co                                                                        | CUSIP: 02361DBA7<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99630.00     | 0.00%             | 2033-06-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VBA0<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    225000 | PA      | $197943.75    | 0.00%             | 2044-03-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 912828Z94<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10550000 | PA      | $9454613.33   | 0.18%             | 2030-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2025-C64                                            | CUSIP: 95004BAW1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $154646.59    | 0.00%             | 2058-02-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WJQ27<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    133150 | PA      | $120659.20    | 0.00%             | 2046-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas LLC                                                        | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CAU8<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    100000 | PA      | $75774.00     | 0.00%             | 2048-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| EQUITABLE HOLDINGS INC                                                           | Equitable Holdings Inc                                                                    | CUSIP: 29452EAD3<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75984.00     | 0.00%             | 2055-03-28      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650ED8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201400.00    | 0.00%             | 2034-06-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076CB6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    275000 | PA      | $254482.25    | 0.00%             | 2030-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| American Homes 4 Rent LP                                                         | American Homes 4 Rent LP                                                                  | CUSIP: 02666TAA5<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |    100000 | PA      | $98844.00     | 0.00%             | 2028-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31419AXB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    313930 | PA      | $310193.26    | 0.01%             | 2040-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122CR7<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    650000 | PA      | $512960.50    | 0.01%             | 2049-10-26      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XBD1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    200000 | PA      | $126648.00    | 0.00%             | 2050-06-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                               | CUSIP: 59156RBR8<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87057.00     | 0.00%             | 2046-05-13      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| NY & PRESBYTERIAN HOSPIT                                                         | New York and Presbyterian Hospital/The                                                    | CUSIP: 649322AH7<br>LEI: 19EOSPKL8HML7MY3UE63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $66979.00     | 0.00%             | 2040-08-01      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| Panama Government International Bonds                                            | Panama Government International Bonds                                                     | CUSIP: 698299BN3<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    800000 | PA      | $589576.00    | 0.01%             | 2032-09-29      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119DB2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    275000 | PA      | $277560.25    | 0.01%             | 2035-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                                                                      | Citibank NA                                                                               | CUSIP: 17325FBJ6<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251430.00    | 0.00%             | 2026-08-06      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                                                             | Targa Resources Corp                                                                      | CUSIP: 87612KAC6<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95864.00     | 0.00%             | 2052-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| QUEST DIAGNOSTICS INC                                                            | Quest Diagnostics Inc                                                                     | CUSIP: 74834LBD1<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |    125000 | PA      | $135046.25    | 0.00%             | 2033-11-30      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738EBM6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $267711.00    | 0.01%             | 2031-06-24      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| NOVANT HEALTH INC                                                                | Novant Health Inc                                                                         | CUSIP: 66988AAJ3<br>LEI: 549300ZUXEGFGE8EP917 | Long             | DBT              | CORP              | US        |     75000 | PA      | $46128.75     | 0.00%             | 2061-11-01      | Fixed         | 3.32%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31416Q6N0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6391 | PA      | $6317.34      | 0.00%             | 2039-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ABB FINANCE USA INC                                                              | ABB Finance USA Inc                                                                       | CUSIP: 00037BAF9<br>LEI: 5493002Y01YAFV45F528 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99221.00     | 0.00%             | 2028-04-03      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Energy Transfer Operating LP                                                     | Energy Transfer Operating LP                                                              | CUSIP: 29278NAN3<br>LEI: 5493008K8W3OKZE54J59 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152205.00    | 0.00%             | 2027-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                                 | CUSIP: 775109CG4<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $244517.50    | 0.00%             | 2027-03-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Regency Centers LP                                                               | Regency Centers LP                                                                        | CUSIP: 75884RAX1<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              |  | US        |    150000 | PA      | $149221.50    | 0.00%             | 2028-03-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                                   | CUSIP: 3130AN4T4<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    500000 | PA      | $483650.00    | 0.01%             | 2026-06-12      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                                     | CUSIP: 882508CJ1<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137479.50    | 0.00%             | 2054-02-08      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Tapestry Inc                                                                     | Tapestry Inc                                                                              | CUSIP: 189754AC8<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98916.00     | 0.00%             | 2027-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| STRYKER CORP                                                                     | Stryker Corp                                                                              | CUSIP: 863667BM2<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150238.50    | 0.00%             | 2035-02-10      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| PFIZER INVESTMENT ENTER                                                          | Pfizer Investment Enterprises Pte Ltd                                                     | CUSIP: 716973AG7<br>LEI: 5493000FQO8XF9C0RT95 | Long             | DBT              | CORP              | SG        |   1125000 | PA      | $1032052.50   | 0.02%             | 2053-05-19      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111FV0<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77060.00     | 0.00%             | 2049-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                                                 | Ventas Realty LP                                                                          | CUSIP: 92277GAV9<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |    100000 | PA      | $99561.00     | 0.00%             | 2030-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SEJ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    102275 | PA      | $96183.05     | 0.00%             | 2046-06-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PDW3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    300000 | PA      | $306294.00    | 0.01%             | 2027-10-22      | Fixed         | 6.07%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175BZ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $210936.00    | 0.00%             | 2041-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418BWF9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    282671 | PA      | $257553.81    | 0.00%             | 2045-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Water & Wastewater Revenue                                    | City of Atlanta Water & Wastewater Revenue                                                | CUSIP: 047870SN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $101017.50    | 0.00%             | 2035-11-01      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| FORTIS INC                                                                       | Fortis Inc/Canada                                                                         | CUSIP: 349553AM9<br>LEI: 549300MQYQ9Y065XPR71 | Long             | DBT              | CORP              | CA        |    305000 | PA      | $299015.90    | 0.01%             | 2026-10-04      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange Inc                                                    | Intercontinental Exchange Inc                                                             | CUSIP: 45866FAK0<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    250000 | PA      | $222675.00    | 0.00%             | 2030-06-15      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON & CO                                                            | Becton Dickinson & Co                                                                     | CUSIP: 075887CL1<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    200000 | PA      | $171630.00    | 0.00%             | 2031-02-11      | Fixed         | 1.96%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc                                                        | Rogers Communications Inc                                                                 | CUSIP: 775109BN0<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $195402.50    | 0.00%             | 2049-05-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | Mastercard Inc                                                                            | CUSIP: 57636QAS3<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65583.75     | 0.00%             | 2031-03-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335AMN5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     55573 | PA      | $56208.15     | 0.00%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| International Paper Co                                                           | International Paper Co                                                                    | CUSIP: 460146CN1<br>LEI: 824LMFJDH41EY779Q875 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87899.00     | 0.00%             | 2046-05-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                                   | CUSIP: 05578DAX0<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $246142.50    | 0.00%             | 2026-12-02      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp                                | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 637432MS1<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140709.00    | 0.00%             | 2032-11-01      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076BD3<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    195000 | PA      | $175942.65    | 0.00%             | 2044-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38143YAC7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105376.00    | 0.00%             | 2036-05-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER CO                                                                 | Alabama Power Co                                                                          | CUSIP: 010392FT0<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |    100000 | PA      | $69124.00     | 0.00%             | 2049-10-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WR26<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2963646 | PA      | $2487178.49   | 0.05%             | 2051-11-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ALLEGION US HOLDING CO                                                           | Allegion US Holding Co Inc                                                                | CUSIP: 01748TAC5<br>LEI: 5493002B66JX7J7SXI33 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101604.00    | 0.00%             | 2032-07-01      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| Republic Services Inc                                                            | Republic Services Inc                                                                     | CUSIP: 760759AT7<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99105.00     | 0.00%             | 2028-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JCK8<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97656.00     | 0.00%             | 2032-09-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Lincoln National Corp                                                            | Lincoln National Corp                                                                     | CUSIP: 534187AW9<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102815.00    | 0.00%             | 2037-10-09      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CDG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10601000 | PA      | $10182550.33  | 0.19%             | 2026-10-31      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CEB3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8800000 | PA      | $8186062.54   | 0.15%             | 2029-02-28      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| PAYCHEX INC                                                                      | Paychex Inc                                                                               | CUSIP: 704326AC1<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203486.00    | 0.00%             | 2035-04-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 06051GGM5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    350000 | PA      | $310919.00    | 0.01%             | 2038-04-24      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                               | CUSIP: 931142EC3<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    350000 | PA      | $284543.00    | 0.01%             | 2048-06-29      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| FOX CORP                                                                         | Fox Corp                                                                                  | CUSIP: 35137LAL9<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94746.00     | 0.00%             | 2030-04-08      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D55T5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    854372 | PA      | $794499.38    | 0.01%             | 2035-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WLP1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2528319 | PA      | $2122425.06   | 0.04%             | 2051-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418AXN3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     83708 | PA      | $80952.92     | 0.00%             | 2033-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EDG2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    433150 | PA      | $391222.21    | 0.01%             | 2037-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Waste Management Inc                                                             | Waste Management Inc                                                                      | CUSIP: 94106LBK4<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79177.00     | 0.00%             | 2049-07-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| TELUS Corp                                                                       | TELUS Corp                                                                                | CUSIP: 87971MBH5<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $79885.00     | 0.00%             | 2048-11-16      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| UNIV SOUTHERN CALIFORNIA                                                         | University of Southern California                                                         | CUSIP: 914886AC0<br>LEI: 0GMCSQ6M60R4T46U5511 | Long             | DBT              | CORP              | US        |    150000 | PA      | $116284.50    | 0.00%             | 2047-10-01      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| REVVITY INC                                                                      | Revvity Inc                                                                               | CUSIP: 714046AM1<br>LEI: 549300IKL1SDPFI7N655 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91691.00     | 0.00%             | 2028-09-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYUY3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    205335 | PA      | $167795.06    | 0.00%             | 2041-02-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Exxon Mobil Corp                                                                 | Exxon Mobil Corp                                                                          | CUSIP: 30231GAW2<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    475000 | PA      | $380707.75    | 0.01%             | 2046-03-01      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                                        | CUSIP: 05964HBB0<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $204714.00    | 0.00%             | 2030-03-14      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DV82<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2114783 | PA      | $1738709.50   | 0.03%             | 2051-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YW59<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1593018 | PA      | $1585359.64   | 0.03%             | 2054-05-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                                       | CUSIP: 25746UCY3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149106.00    | 0.00%             | 2028-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335CHQ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    324180 | PA      | $296431.94    | 0.01%             | 2048-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Diageo Capital PLC                                                               | Diageo Capital PLC                                                                        | CUSIP: 25243YAZ2<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $197982.00    | 0.00%             | 2028-05-18      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                                                     | Synopsys Inc                                                                              | CUSIP: 871607AG2<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |    350000 | PA      | $334852.00    | 0.01%             | 2055-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                                | CUSIP: 683234AU2<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    200000 | PA      | $173514.00    | 0.00%             | 2032-01-21      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                               | CUSIP: 797440BV5<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |     75000 | PA      | $53900.25     | 0.00%             | 2047-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 75513ECT6<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    225000 | PA      | $228935.25    | 0.00%             | 2026-11-08      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                                                         | eBay Inc                                                                                  | CUSIP: 278642AZ6<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |    200000 | PA      | $139294.00    | 0.00%             | 2051-05-10      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680CE1<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    300000 | PA      | $285882.00    | 0.01%             | 2034-11-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Dallas County Hospital District                                                  | Dallas County Hospital District                                                           | CUSIP: 234667JL8<br>LEI: UQCNU7AEWLMSSOK7VW91 | Long             | DBT              | MUN               | US        |    100000 | PA      | $98667.90     | 0.00%             | 2044-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP                                                         | Host Hotels & Resorts LP                                                                  | CUSIP: 44107TAY2<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              |  | US        |    150000 | PA      | $138988.50    | 0.00%             | 2029-12-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748CD2<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    300000 | PA      | $280662.00    | 0.01%             | 2055-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| APA CORP                                                                         | APA Corp                                                                                  | CUSIP: 03743QAF5<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93702.00     | 0.00%             | 2030-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AON NORTH AMERICA INC                                                            | Aon North America Inc                                                                     | CUSIP: 03740MAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $153078.00    | 0.00%             | 2029-03-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                                | CUSIP: 14040HCV5<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202002.00    | 0.00%             | 2030-07-26      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GLU1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    700000 | PA      | $727839.00    | 0.01%             | 2034-09-15      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752BG7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100016.00    | 0.00%             | 2026-10-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179T7L3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    135780 | PA      | $130769.25    | 0.00%             | 2048-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31306YA92<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     87312 | PA      | $85637.11     | 0.00%             | 2027-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081GP6<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100804.00    | 0.00%             | 2030-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CFJ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6900000 | PA      | $6684914.10   | 0.13%             | 2029-08-31      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TG58<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    632668 | PA      | $591279.64    | 0.01%             | 2047-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WEGE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     61067 | PA      | $55809.61     | 0.00%             | 2045-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BOARDWALK PIPELINES LP                                                           | Boardwalk Pipelines LP                                                                    | CUSIP: 096630AJ7<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88939.00     | 0.00%             | 2032-09-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| APPLOVIN CORP                                                                    | AppLovin Corp                                                                             | CUSIP: 03831WAB4<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201566.00    | 0.00%             | 2029-12-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Dominion Energy South Carolina Inc                                               | Dominion Energy South Carolina Inc                                                        | CUSIP: 837004CJ7<br>LEI: 3QRVFYR22IUIEOORTK28 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85750.00     | 0.00%             | 2065-06-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Corning Inc                                                                      | Corning Inc                                                                               | CUSIP: 219350BF1<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |    150000 | PA      | $114864.00    | 0.00%             | 2057-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ONE GAS INC                                                                      | ONE Gas Inc                                                                               | CUSIP: 68235PAH1<br>LEI: 549300HXDWI0LATTX840 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88313.00     | 0.00%             | 2030-05-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Cardinal Health Inc                                                              | Cardinal Health Inc                                                                       | CUSIP: 14149YBB3<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81519.00     | 0.00%             | 2044-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844BZ0<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147607.50    | 0.00%             | 2028-08-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36180AB93<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1817796 | PA      | $1764601.92   | 0.03%             | 2054-10-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STRYKER CORP                                                                     | Stryker Corp                                                                              | CUSIP: 863667BC4<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |    175000 | PA      | $177535.75    | 0.00%             | 2028-12-08      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MMTG8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     18557 | PA      | $18089.87     | 0.00%             | 2030-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XCC3<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     50000 | PA      | $31604.00     | 0.00%             | 2050-03-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179RVB2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    674019 | PA      | $612530.10    | 0.01%             | 2045-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122CQ9<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    325000 | PA      | $282334.00    | 0.01%             | 2039-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| National Retail Properties Inc                                                   | NNN REIT Inc                                                                              | CUSIP: 637417AM8<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              |  | US        |     50000 | PA      | $41669.50     | 0.00%             | 2048-10-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Nevada Power Co                                                                  | Nevada Power Co                                                                           | CUSIP: 641423BP2<br>LEI: MJZFGXRJ52U8U4MKJ519 | Long             | DBT              | CORP              | US        |    100000 | PA      | $108645.00    | 0.00%             | 2036-04-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179W7J1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    194627 | PA      | $163340.63    | 0.00%             | 2052-06-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                                                  | Deere & Co                                                                                | CUSIP: 244199BA2<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |     75000 | PA      | $85040.25     | 0.00%             | 2031-03-03      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| OHIOHEALTH CORP                                                                  | OhioHealth Corp                                                                           | CUSIP: 67777JAL2<br>LEI: JGYGIL4QGKKPZU7C1D18 | Long             | DBT              | CORP              | US        |    150000 | PA      | $130854.00    | 0.00%             | 2031-11-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                          | CUSIP: 95040QAN4<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |    100000 | PA      | $91861.00     | 0.00%             | 2029-01-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PBU5<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86629.00     | 0.00%             | 2041-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                               | CUSIP: 68389XAE5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    275000 | PA      | $293015.25    | 0.01%             | 2038-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138W9J76<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     17302 | PA      | $16765.14     | 0.00%             | 2028-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                            | CUSIP: 10373QBW9<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247035.00    | 0.00%             | 2034-04-10      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| SUNCOR ENERGY INC                                                                | Suncor Energy Inc                                                                         | CUSIP: 867224AE7<br>LEI: 549300W70ZOQDVLCHY06 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $101214.00    | 0.00%             | 2051-03-04      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| LEIDOS INC                                                                       | Leidos Inc                                                                                | CUSIP: 52532XAH8<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |    200000 | PA      | $172830.00    | 0.00%             | 2031-02-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448FT0<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86153.00     | 0.00%             | 2053-02-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FBY6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    250000 | PA      | $254630.00    | 0.00%             | 2031-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                                              | Fifth Third Bancorp                                                                       | CUSIP: 316773DK3<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    200000 | PA      | $209288.00    | 0.00%             | 2029-07-27      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                                | CUSIP: 444859BV3<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152434.50    | 0.00%             | 2033-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | University of California                                                                  | CUSIP: 91412HFG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $96727.10     | 0.00%             | 2029-07-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| ORLANDO HEALTH OBL GRP                                                           | Orlando Health Obligated Group                                                            | CUSIP: 686514AH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $66619.00     | 0.00%             | 2050-10-01      | Fixed         | 3.33%                 | No            |                  2 | On Loan: No      |
| MASS INSTITUTE OF TECH                                                           | Massachusetts Institute of Technology                                                     | CUSIP: 575718AE1<br>LEI: DLZO3A31IADZ27B62557 | Long             | DBT              | CORP              | US        |    150000 | PA      | $135213.00    | 0.00%             | 2038-07-01      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                                                         | American Water Capital Corp                                                               | CUSIP: 03040WBC8<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94090.00     | 0.00%             | 2054-03-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS                                                         | Air Products and Chemicals Inc                                                            | CUSIP: 009158BJ4<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100899.00    | 0.00%             | 2031-02-08      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| REGIONS FINANCIAL CORP                                                           | Regions Financial Corp                                                                    | CUSIP: 7591EPAU4<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255982.50    | 0.00%             | 2030-06-06      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| Automatic Data Processing Inc                                                    | Automatic Data Processing Inc                                                             | CUSIP: 053015AF0<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | DBT              | CORP              | US        |    200000 | PA      | $171600.00    | 0.00%             | 2030-09-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                                       | CUSIP: 49446RAQ2<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |    100000 | PA      | $77173.00     | 0.00%             | 2046-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Voya Financial Inc                                                               | Voya Financial Inc                                                                        | CUSIP: 929089AF7<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94642.00     | 0.00%             | 2048-01-23      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev Worldwide Inc                                               | Anheuser-Busch InBev Worldwide Inc                                                        | CUSIP: 03523TBF4<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    250000 | PA      | $314750.00    | 0.01%             | 2039-01-15      | Fixed         | 8.20%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 06051GGF0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    500000 | PA      | $493505.00    | 0.01%             | 2028-01-20      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DSF80<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    700014 | PA      | $726642.65    | 0.01%             | 2054-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SMITH & NEPHEW PLC                                                               | Smith & Nephew PLC                                                                        | CUSIP: 83192PAA6<br>LEI: 213800ZTMDN8S67S1H61 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $217015.00    | 0.00%             | 2030-10-14      | Fixed         | 2.03%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER CO                                                                 | Alabama Power Co                                                                          | CUSIP: 010392FV5<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |    100000 | PA      | $63978.00     | 0.00%             | 2051-07-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                                | CUSIP: 717081DE0<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84303.00     | 0.00%             | 2043-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MFC3<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    175000 | PA      | $144964.75    | 0.00%             | 2047-03-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Burlington Northern Santa Fe LLC                                                 | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LAP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $94572.00     | 0.00%             | 2043-09-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                                                          | American Electric Power Co Inc                                                            | CUSIP: 025537AV3<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154548.00    | 0.00%             | 2027-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818FN3<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    150000 | PA      | $84651.00     | 0.00%             | 2062-09-16      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                                       | CUSIP: 49446RBA6<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |    100000 | PA      | $96652.00     | 0.00%             | 2033-02-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CFM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8900000 | PA      | $8950757.86   | 0.17%             | 2027-09-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                                                      | Exelon Corp                                                                               | CUSIP: 30161NBR1<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101392.00    | 0.00%             | 2031-03-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214FK4<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    200000 | PA      | $205754.00    | 0.00%             | 2027-11-18      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| Takeda Pharmaceutical Co Ltd                                                     | Takeda Pharmaceutical Co Ltd                                                              | CUSIP: 874060AX4<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |    500000 | PA      | $443215.00    | 0.01%             | 2030-03-31      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SYR2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     99711 | PA      | $88112.86     | 0.00%             | 2047-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NORTHWEST NATURAL HOLDI                                                          | Northwest Natural Holding Co                                                              | CUSIP: 66765NAA3<br>LEI: 254900PSJL6ZEC8FR782 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50090.50     | 0.00%             | 2055-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661EE3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    200000 | PA      | $135812.00    | 0.00%             | 2041-09-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ATJJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     21892 | PA      | $21629.74     | 0.00%             | 2026-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                                                      | Target Corp                                                                               | CUSIP: 87612EBM7<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144969.00    | 0.00%             | 2027-01-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                                 | CUSIP: 775109CH2<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    400000 | PA      | $366884.00    | 0.01%             | 2032-03-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                                                      | Bell Telephone Co of Canada or Bell Canada                                                | CUSIP: 0778FPAL3<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |    175000 | PA      | $171417.75    | 0.00%             | 2033-05-11      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                                           | Arizona Public Service Co                                                                 | CUSIP: 040555DH4<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152196.00    | 0.00%             | 2034-08-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                                                                  | AstraZeneca PLC                                                                           | CUSIP: 046353AM0<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $85120.00     | 0.00%             | 2045-11-16      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172DM8<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150057.00    | 0.00%             | 2027-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                             | CUSIP: 744448DA6<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143472.00    | 0.00%             | 2054-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830CB3<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    225000 | PA      | $206993.25    | 0.00%             | 2055-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QNFJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2697222 | PA      | $2223213.76   | 0.04%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308KL0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $206600.00    | 0.00%             | 2029-01-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CAL5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8900000 | PA      | $8214769.51   | 0.15%             | 2027-09-30      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds                                       | Philippines Government International Bonds                                                | CUSIP: 718286DC8<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    200000 | PA      | $194502.00    | 0.00%             | 2035-03-05      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                                        | CUSIP: 907818EC8<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     50000 | PA      | $36310.00     | 0.00%             | 2055-02-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QNCA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3324919 | PA      | $2597484.73   | 0.05%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KDM9<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    175000 | PA      | $169547.00    | 0.00%             | 2055-03-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| BLACK HILLS CORP                                                                 | Black Hills Corp                                                                          | CUSIP: 092113AV1<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77620.50     | 0.00%             | 2028-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| LYB INT FINANCE III                                                              | LYB International Finance III LLC                                                         | CUSIP: 50249AAG8<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87461.00     | 0.00%             | 2030-10-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687ER3<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105414.00    | 0.00%             | 2041-02-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp                                | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 637432NW1<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82720.00     | 0.00%             | 2031-03-15      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                                 | CUSIP: 911312AZ9<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    100000 | PA      | $70074.00     | 0.00%             | 2046-11-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Indonesia Government International Bonds                                         | Indonesia Government International Bonds                                                  | CUSIP: 455780DN3<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    250000 | PA      | $245437.50    | 0.00%             | 2032-09-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | Fiserv Inc                                                                                | CUSIP: 337738BD9<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153462.00    | 0.00%             | 2028-03-02      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                                                | General Mills Inc                                                                         | CUSIP: 370334CP7<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |    150000 | PA      | $93309.00     | 0.00%             | 2051-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS LLC                                                           | Chubb INA Holdings LLC                                                                    | CUSIP: 00440EAW7<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |    250000 | PA      | $209432.50    | 0.00%             | 2045-11-03      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475BT1<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    250000 | PA      | $257067.50    | 0.00%             | 2027-10-20      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138AXJZ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2942 | PA      | $2914.02      | 0.00%             | 2026-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MMTW3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     56679 | PA      | $54658.10     | 0.00%             | 2030-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC                                                                    | AEP Texas Inc                                                                             | CUSIP: 00108WAQ3<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87447.00     | 0.00%             | 2052-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 172967MM0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    300000 | PA      | $286509.00    | 0.01%             | 2041-03-26      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308HR1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $69947.00     | 0.00%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INGERSOLL RAND INC                                                               | Ingersoll Rand Inc                                                                        | CUSIP: 45687VAG1<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96479.00     | 0.00%             | 2054-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280AG4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $213152.00    | 0.00%             | 2036-05-02      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORP                                                            | Northrop Grumman Corp                                                                     | CUSIP: 666807BU5<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    200000 | PA      | $184192.00    | 0.00%             | 2050-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179RNY1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      7366 | PA      | $7164.87      | 0.00%             | 2045-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U3E1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    750000 | PA      | $769560.00    | 0.01%             | 2029-07-25      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| SEMPRA                                                                           | Sempra                                                                                    | CUSIP: 816851BT5<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    200000 | PA      | $187986.00    | 0.00%             | 2054-10-01      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YDJ5<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $200208.00    | 0.00%             | 2036-05-13      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 9128284N7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11350000 | PA      | $11040978.54  | 0.21%             | 2028-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132E04G4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2421742 | PA      | $2091640.48   | 0.04%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KEYSIGHT TECHNOLOGIES                                                            | Keysight Technologies Inc                                                                 | CUSIP: 49338LAE3<br>LEI: 549300GLKVIO8YRCYN02 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150313.50    | 0.00%             | 2027-04-06      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CCM4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    183929 | PA      | $176055.52    | 0.00%             | 2031-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 06051GHD4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1067572.00   | 0.02%             | 2028-12-20      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804GK4<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99458.00     | 0.00%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YFZ3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    450000 | PA      | $456700.50    | 0.01%             | 2031-04-17      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179W2U1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    855906 | PA      | $718319.65    | 0.01%             | 2052-04-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AvalonBay Communities Inc                                                        | AvalonBay Communities Inc                                                                 | CUSIP: 05348EBC2<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |     75000 | PA      | $72947.25     | 0.00%             | 2028-01-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2018-C44                                            | CUSIP: 95001JAX5<br>LEI: 549300AGZIS1CJS4RM30 | Long             | ABS-MBS          | CORP              | US        |    950000 | PA      | $933534.32    | 0.02%             | 2051-05-15      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EZ29<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    364477 | PA      | $383928.98    | 0.01%             | 2054-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PDL3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    250000 | PA      | $193695.00    | 0.00%             | 2048-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335BZN9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    135787 | PA      | $127383.43    | 0.00%             | 2047-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                                            | Entergy Louisiana LLC                                                                     | CUSIP: 29364WBM9<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100410.00    | 0.00%             | 2034-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                                   | CUSIP: 742718FH7<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    300000 | PA      | $284712.00    | 0.01%             | 2030-03-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TLB9<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102754.00    | 0.00%             | 2028-09-11      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC                                                         | Constellation Energy Generation LLC                                                       | CUSIP: 210385AC4<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156019.50    | 0.00%             | 2033-03-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                                              | Gilead Sciences Inc                                                                       | CUSIP: 375558AS2<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    224000 | PA      | $222859.84    | 0.00%             | 2041-12-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                                  | CUSIP: 126408HC0<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $75914.00     | 0.00%             | 2050-05-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RAILWAY                                                            | Canadian National Railway Co                                                              | CUSIP: 136375DH2<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $105280.00    | 0.00%             | 2033-11-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M6G93<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     23727 | PA      | $24796.85     | 0.00%             | 2038-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132HL4C4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     15063 | PA      | $13574.89     | 0.00%             | 2042-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 06051GHM4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    550000 | PA      | $543928.00    | 0.01%             | 2029-07-23      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| ATMOS ENERGY CORP                                                                | Atmos Energy Corp                                                                         | CUSIP: 049560AW5<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |    150000 | PA      | $89878.50     | 0.00%             | 2052-02-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804FX7<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148218.00    | 0.00%             | 2027-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Peru Government International Bonds                                              | Peru Government International Bonds                                                       | CUSIP: 715638DW9<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    200000 | PA      | $121196.00    | 0.00%             | 2072-01-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162CT5<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    300000 | PA      | $289074.00    | 0.01%             | 2027-02-21      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FCA7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149275.50    | 0.00%             | 2028-02-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                                                  | Chevron USA Inc                                                                           | CUSIP: 166756AT3<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |     50000 | PA      | $52075.00     | 0.00%             | 2041-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 059438AK7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    150000 | PA      | $159802.50    | 0.00%             | 2027-04-29      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| JACOBS ENGINEERING GROUP                                                         | Jacobs Engineering Group Inc                                                              | CUSIP: 469814AB3<br>LEI: 549300CZ8QS1GE53O776 | Long             | DBT              | CORP              | US        |    125000 | PA      | $130727.50    | 0.00%             | 2028-08-18      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Providence St Joseph Health Obligated Group                                      | Providence St Joseph Health Obligated Group                                               | CUSIP: 743820AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $183478.00    | 0.00%             | 2029-10-01      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| SMURFIT KAPPA TREASURY                                                           | Smurfit Kappa Treasury ULC                                                                | CUSIP: 83272GAE1<br>LEI: 635400B3DOXSWFOWJT40 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $200696.00    | 0.00%             | 2034-04-03      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJR36<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    814795 | PA      | $734290.01    | 0.01%             | 2042-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                                      | CUSIP: 94106LCE7<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246992.50    | 0.00%             | 2035-03-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BLACKROCK INC                                                                    | Blackrock Inc                                                                             | CUSIP: 09247XAS0<br>LEI: 529900VBK42Y5HHRMD23 | Long             | DBT              | CORP              | US        |    200000 | PA      | $170472.00    | 0.00%             | 2032-02-25      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PEU2<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197692.00    | 0.00%             | 2029-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418AKP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    143405 | PA      | $139784.12    | 0.00%             | 2032-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SIERRA PACIFIC POWER CO                                                          | Sierra Pacific Power Co                                                                   | CUSIP: 826418BQ7<br>LEI: QB888G5GSVGE1LD1WV84 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72997.50     | 0.00%             | 2054-03-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 969457CL2<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75512.25     | 0.00%             | 2029-11-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PDX7<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176216.00    | 0.00%             | 2030-05-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 06051GHU6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    300000 | PA      | $254910.00    | 0.00%             | 2040-04-23      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132A5AQ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     65557 | PA      | $58684.93     | 0.00%             | 2043-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WBBD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     29671 | PA      | $28200.15     | 0.00%             | 2044-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M74K9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     17836 | PA      | $17957.08     | 0.00%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT LIGHT & PWR                                                          | Connecticut Light and Power Co/The                                                        | CUSIP: 207597EN1<br>LEI: 549300O45IUXEDS1VZ32 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86136.00     | 0.00%             | 2031-07-01      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UD90<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    453747 | PA      | $423432.19    | 0.01%             | 2048-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ASSURED GUARANTY US HLDG                                                         | Assured Guaranty US Holdings Inc                                                          | CUSIP: 04621WAD2<br>LEI: 5493007YCE0652G9TZ64 | Long             | DBT              | CORP              | US        |    200000 | PA      | $182214.00    | 0.00%             | 2031-06-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                                                     | AutoZone Inc                                                                              | CUSIP: 053332BC5<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100305.00    | 0.00%             | 2028-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076CV2<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151392.00    | 0.00%             | 2026-09-30      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TDR3<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147450.00    | 0.00%             | 2027-01-11      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ALGONQUIN PWR & UTILITY                                                          | Algonquin Power & Utilities Corp                                                          | CUSIP: 015857AF2<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $201104.00    | 0.00%             | 2026-06-15      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| PECO ENERGY CO                                                                   | PECO Energy Co                                                                            | CUSIP: 693304BG1<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |    125000 | PA      | $115087.50    | 0.00%             | 2054-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                                                        | IQVIA Inc                                                                                 | CUSIP: 46266TAF5<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207608.00    | 0.00%             | 2029-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                                                      | Nutrien Ltd                                                                               | CUSIP: 67077MAR9<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $87731.00     | 0.00%             | 2043-06-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| AMERICAN ASSETS TRUST LP                                                         | American Assets Trust LP                                                                  | CUSIP: 02401LAB0<br>LEI: 549300V1TI0SMG9Z6U69 | Long             | DBT              |  | US        |    100000 | PA      | $98000.00     | 0.00%             | 2034-10-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| MOTOROLA SOLUTIONS INC                                                           | Motorola Solutions Inc                                                                    | CUSIP: 620076BZ1<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200958.00    | 0.00%             | 2034-04-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWAN3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6423550 | PA      | $5041012.24   | 0.09%             | 2050-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397G72<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200330.00    | 0.00%             | 2028-03-20      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                           | CUSIP: 126650CZ1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1251615.00   | 0.02%             | 2048-03-25      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418BYU4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    361303 | PA      | $329198.67    | 0.01%             | 2046-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                                         | Corebridge Financial Inc                                                                  | CUSIP: 21871XAS8<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102058.00    | 0.00%             | 2034-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| POLARIS INC                                                                      | Polaris Inc                                                                               | CUSIP: 731068AA0<br>LEI: 549300QJSN8UVWN1EI78 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103827.00    | 0.00%             | 2029-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                                                         | Targa Resources Partners LP / Targa Resources Partners Finance Corp                       | CUSIP: 87612BBG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $199824.00    | 0.00%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERISK ANALYTICS INC                                                             | Verisk Analytics Inc                                                                      | CUSIP: 92345YAJ5<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100408.00    | 0.00%             | 2034-06-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QCE51<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    363154 | PA      | $329726.79    | 0.01%             | 2048-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                             | CUSIP: 345370CS7<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    200000 | PA      | $157890.00    | 0.00%             | 2046-12-08      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| ARROW ELECTRONICS INC                                                            | Arrow Electronics Inc                                                                     | CUSIP: 04273WAE1<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101185.00    | 0.00%             | 2034-04-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400HS5<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153411.00    | 0.00%             | 2027-11-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| OVINTIV INC                                                                      | Ovintiv Inc                                                                               | CUSIP: 69047QAC6<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100456.00    | 0.00%             | 2033-07-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XVR4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2056427 | PA      | $1956898.65   | 0.04%             | 2053-03-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Resources Corp                                                | CenterPoint Energy Resources Corp                                                         | CUSIP: 15189YAF3<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86012.00     | 0.00%             | 2030-10-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CJW2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11000000 | PA      | $11036953.18  | 0.21%             | 2029-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QDEJ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    924383 | PA      | $803647.90    | 0.02%             | 2050-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL GRID PLC                                                                | National Grid PLC                                                                         | CUSIP: 636274AE2<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $155077.50    | 0.00%             | 2033-06-12      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162DE7<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    200000 | PA      | $182872.00    | 0.00%             | 2032-02-22      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810SD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7750000 | PA      | $5603613.32   | 0.11%             | 2048-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AEP Texas Inc                                                                    | AEP Texas Inc                                                                             | CUSIP: 00108WAF7<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |     75000 | PA      | $53308.50     | 0.00%             | 2047-10-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | Moody's Corp                                                                              | CUSIP: 615369AP0<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74562.75     | 0.00%             | 2029-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31416W7J5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    250310 | PA      | $231686.14    | 0.00%             | 2040-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                                                            | Republic Services Inc                                                                     | CUSIP: 760759BH2<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100459.00    | 0.00%             | 2033-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816DV8<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202386.00    | 0.00%             | 2028-07-26      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                           | CUSIP: 4581X0EF1<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $490705.00    | 0.01%             | 2029-09-14      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YCZ0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87957.00     | 0.00%             | 2042-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XNFP4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1788401 | PA      | $1411746.29   | 0.03%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VFE9<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    250000 | PA      | $234595.00    | 0.00%             | 2030-03-22      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138YAZX6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    495065 | PA      | $453670.17    | 0.01%             | 2045-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418E7F1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    220603 | PA      | $223752.88    | 0.00%             | 2039-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc                                                  | Philip Morris International Inc                                                           | CUSIP: 718172AW9<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    175000 | PA      | $142633.75    | 0.00%             | 2043-03-04      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| KLA CORP                                                                         | KLA Corp                                                                                  | CUSIP: 482480AP5<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98089.00     | 0.00%             | 2034-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137H1YS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1719378.16   | 0.03%             | 2031-06-25      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KGWD6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    508668 | PA      | $456771.15    | 0.01%             | 2049-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 912828Y95<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4300000 | PA      | $4193087.90   | 0.08%             | 2026-07-31      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280DS5<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $456840.00    | 0.01%             | 2033-11-03      | Fixed         | 8.11%                 | No            |                  2 | On Loan: No      |
| BHP BILLITON FIN USA LTD                                                         | BHP Billiton Finance USA Ltd                                                              | CUSIP: 055451BL1<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | CORP              | AU        |    225000 | PA      | $225366.75    | 0.00%             | 2035-02-21      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 75513ECP4<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    200000 | PA      | $124348.00    | 0.00%             | 2052-03-15      | Fixed         | 3.03%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967CC3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155518.50    | 0.00%             | 2033-10-31      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FBT3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    194800 | PA      | $197581.12    | 0.00%             | 2039-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Consumers Energy Co                                                              | Consumers Energy Co                                                                       | CUSIP: 210518DD5<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82541.00     | 0.00%             | 2049-04-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SEG8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    762872 | PA      | $675629.79    | 0.01%             | 2046-06-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140BU3<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    300000 | PA      | $252975.00    | 0.00%             | 2031-08-12      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66 CO                                                                   | Phillips 66 Co                                                                            | CUSIP: 718547AW2<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90351.00     | 0.00%             | 2054-06-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                         | CUSIP: 478160CF9<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    200000 | PA      | $175550.00    | 0.00%             | 2037-03-03      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                               | Royalty Pharma PLC                                                                        | CUSIP: 78081BAL7<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $145834.00    | 0.00%             | 2040-09-02      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179NKP2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     14523 | PA      | $14150.96     | 0.00%             | 2028-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FLOWSERVE CORPORATION                                                            | Flowserve Corp                                                                            | CUSIP: 34354PAF2<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138649.50    | 0.00%             | 2030-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CORP                                                                | Toyota Motor Corp                                                                         | CUSIP: 892331AQ2<br>LEI: 5493006W3QUS5LMH6R84 | Long             | DBT              | CORP              | JP        |    100000 | PA      | $102270.00    | 0.00%             | 2028-07-13      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| AON CORP/AON GLOBAL HOLD                                                         | Aon Corp / Aon Global Holdings PLC                                                        | CUSIP: 03740LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    100000 | PA      | $85230.00     | 0.00%             | 2031-08-23      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                                    | CUSIP: 202795HK9<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156894.00    | 0.00%             | 2036-03-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| GATX CORP                                                                        | GATX Corp                                                                                 | CUSIP: 361448BG7<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83819.00     | 0.00%             | 2031-06-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214EW9<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    200000 | PA      | $185288.00    | 0.00%             | 2028-11-20      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X8XX0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    721188 | PA      | $685379.76    | 0.01%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                                                             | Keurig Dr Pepper Inc                                                                      | CUSIP: 26138EAT6<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    150000 | PA      | $122595.00    | 0.00%             | 2045-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA PLC                                                                  | AstraZeneca PLC                                                                           | CUSIP: 046353AZ1<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $129686.00    | 0.00%             | 2051-05-28      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RMT6<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    500000 | PA      | $507105.00    | 0.01%             | 2034-02-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NBY6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    250000 | PA      | $245902.50    | 0.00%             | 2027-02-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DYX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6704586 | PA      | $5247482.08   | 0.10%             | 2051-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                                                      | Target Corp                                                                               | CUSIP: 87612EBK1<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137226.00    | 0.00%             | 2030-09-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                               | CUSIP: 02665WFD8<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150960.00    | 0.00%             | 2027-03-12      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Johnson Controls International plc                                               | Johnson Controls International plc                                                        | CUSIP: 478375AH1<br>LEI: 549300XQ6S1GYKGBL205 | Long             | DBT              | CORP              | IE        |     50000 | PA      | $52663.50     | 0.00%             | 2036-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP                                                             | Western Digital Corp                                                                      | CUSIP: 958102AR6<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86602.00     | 0.00%             | 2032-02-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Digital Realty Trust LP                                                          | Digital Realty Trust LP                                                                   | CUSIP: 25389JAT3<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              |  | US        |    150000 | PA      | $149563.50    | 0.00%             | 2028-07-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 3620A5A90<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    210566 | PA      | $206463.09    | 0.00%             | 2040-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED                                                            | Vale Overseas Ltd                                                                         | CUSIP: 91911TAK9<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $213280.00    | 0.00%             | 2039-11-10      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | University of California                                                                  | CUSIP: 91412HGF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $185007.62    | 0.00%             | 2027-05-15      | Fixed         | 1.32%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                                        | CUSIP: 907818FC7<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80900.00     | 0.00%             | 2049-03-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline LP / PAA Finance Corp                               | Plains All American Pipeline LP / PAA Finance Corp                                        | CUSIP: 72650RAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $105083.00    | 0.00%             | 2037-01-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Ovintiv Inc                                                                      | Ovintiv Inc                                                                               | CUSIP: 698900AG2<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |     75000 | PA      | $79647.00     | 0.00%             | 2031-11-01      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | Lloyds Banking Group PLC                                                                  | CUSIP: 53944YAS2<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $196794.00    | 0.00%             | 2028-03-18      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Republic Services Inc                                                            | Republic Services Inc                                                                     | CUSIP: 760759AK6<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $106291.00    | 0.00%             | 2040-03-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280DG1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $403948.00    | 0.01%             | 2028-08-11      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| EASTMAN CHEMICAL CO                                                              | Eastman Chemical Co                                                                       | CUSIP: 277432AY6<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100064.00    | 0.00%             | 2034-02-20      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122EK0<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    500000 | PA      | $475435.00    | 0.01%             | 2054-02-22      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 17327CAR4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    600000 | PA      | $614982.00    | 0.01%             | 2034-05-25      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Finance Corp                                                  | Berkshire Hathaway Finance Corp                                                           | CUSIP: 084664BV2<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    150000 | PA      | $130417.50    | 0.00%             | 2043-05-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corp                                                            | Novartis Capital Corp                                                                     | CUSIP: 66989HAN8<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196558.00    | 0.00%             | 2027-05-17      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752AM5<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    200000 | PA      | $126340.00    | 0.00%             | 2050-05-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                 | CUSIP: 00774MBC8<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    200000 | PA      | $205584.00    | 0.00%             | 2028-06-06      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Panama Government International Bonds                                            | Panama Government International Bonds                                                     | CUSIP: 698299AW4<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    131000 | PA      | $126849.92    | 0.00%             | 2036-01-26      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                                       | CUSIP: 459058LL5<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $480215.00    | 0.01%             | 2034-08-28      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ENTERPRIS                                                         | Public Service Enterprise Group Inc                                                       | CUSIP: 744573AX4<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |     75000 | PA      | $78715.50     | 0.00%             | 2033-10-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200LF6<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    175000 | PA      | $176275.75    | 0.00%             | 2028-02-10      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL SA                                                         | TotalEnergies Capital SA                                                                  | CUSIP: 89157XAE1<br>LEI: 529900QI55ZLJVCMPA71 | Long             | DBT              | CORP              | FR        |    175000 | PA      | $159608.75    | 0.00%             | 2054-09-10      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | Golden State Tobacco Securitization Corp.                                                 | CUSIP: 38122ND58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $74156.20     | 0.00%             | 2041-06-01      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                         | CUSIP: 20826FBC9<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    150000 | PA      | $116955.00    | 0.00%             | 2042-03-15      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| KLA Corp                                                                         | KLA Corp                                                                                  | CUSIP: 482480AH3<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |     75000 | PA      | $67418.25     | 0.00%             | 2049-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RENAISSANCERE HOLDINGS L                                                         | RenaissanceRe Holdings Ltd                                                                | CUSIP: 75968NAG6<br>LEI: EK6GB9U3U58PDI411C94 | Long             | DBT              | CORP              | BM        |     75000 | PA      | $75655.50     | 0.00%             | 2035-04-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| DTE Electric Co                                                                  | DTE Electric Co                                                                           | CUSIP: 23338VAJ5<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |    150000 | PA      | $115015.50    | 0.00%             | 2049-03-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                                                  | Cigna Group/The                                                                           | CUSIP: 125523CK4<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    200000 | PA      | $130854.00    | 0.00%             | 2050-03-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                                                              | Dollar General Corp                                                                       | CUSIP: 256677AK1<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100037.00    | 0.00%             | 2027-11-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DV33<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    656217 | PA      | $580792.95    | 0.01%             | 2041-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AEP TRANSMISSION CO LLC                                                          | AEP Transmission Co LLC                                                                   | CUSIP: 00115AAP4<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81372.00     | 0.00%             | 2052-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| RELX CAPITAL INC                                                                 | RELX Capital Inc                                                                          | CUSIP: 74949LAF9<br>LEI: 2R15C3RTKJN1RCBOV146 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151357.50    | 0.00%             | 2030-03-27      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DYC0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3158865 | PA      | $2594174.13   | 0.05%             | 2051-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UXT4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    282870 | PA      | $254852.24    | 0.00%             | 2049-08-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                                  | CUSIP: 126408HK2<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80936.00     | 0.00%             | 2048-03-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                         | CUSIP: 20826FAC0<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    150000 | PA      | $121158.00    | 0.00%             | 2044-11-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WVEK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    176202 | PA      | $167462.32    | 0.00%             | 2043-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CBH7<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    250000 | PA      | $224792.50    | 0.00%             | 2030-06-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                                    | CUSIP: 045167FP3<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $491760.00    | 0.01%             | 2027-08-20      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J93G4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    706182 | PA      | $635535.40    | 0.01%             | 2043-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                                        | Amgen Inc                                                                                 | CUSIP: 031162CJ7<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    280000 | PA      | $274254.40    | 0.01%             | 2026-08-19      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| ADVENTHEALTH OBL GRP                                                             | AdventHealth Obligated Group                                                              | CUSIP: 00778XAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $45192.75     | 0.00%             | 2051-11-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| BLACKROCK FUNDING INC                                                            | BlackRock Funding Inc                                                                     | CUSIP: 09290DAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $101647.00    | 0.00%             | 2029-03-14      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                                 | CUSIP: 911312BV7<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95473.00     | 0.00%             | 2040-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                                                   | Mastercard Inc                                                                            | CUSIP: 57636QAG9<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147507.00    | 0.00%             | 2026-11-21      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822CX0<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $202900.00    | 0.00%             | 2034-02-22      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                                                          | Canadian Natural Resources Ltd                                                            | CUSIP: 136385AG6<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $99576.00     | 0.00%             | 2035-02-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                               | Energy Transfer LP                                                                        | CUSIP: 292480AL4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151384.50    | 0.00%             | 2028-05-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VDN7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1011821 | PA      | $886793.37    | 0.02%             | 2050-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132A9U21<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     57267 | PA      | $55642.98     | 0.00%             | 2033-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                                                      | KeyBank NA/Cleveland OH                                                                   | CUSIP: 49327V2B9<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |    250000 | PA      | $238480.00    | 0.00%             | 2029-04-13      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CMY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12000000 | PA      | $11964140.64  | 0.22%             | 2027-04-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VGN8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    913000 | PA      | $778907.69    | 0.01%             | 2032-03-15      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830BL2<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    250000 | PA      | $218787.50    | 0.00%             | 2046-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                                                   | Starbucks Corp                                                                            | CUSIP: 855244BJ7<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98923.00     | 0.00%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kite Realty Group LP                                                             | Kite Realty Group LP                                                                      | CUSIP: 49803XAA1<br>LEI: 549300X6R2GYI8Y3OD81 | Long             | DBT              |  | US        |    100000 | PA      | $98773.00     | 0.00%             | 2026-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CBRE SERVICES INC                                                                | CBRE Services Inc                                                                         | CUSIP: 12505BAK6<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98608.00     | 0.00%             | 2035-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fidelity National Financial Inc                                                  | Fidelity National Financial Inc                                                           | CUSIP: 31620RAK1<br>LEI: 549300CAZYIH39SYQ287 | Long             | DBT              | CORP              | US        |    150000 | PA      | $128598.00    | 0.00%             | 2031-03-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PAF3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    450000 | PA      | $441711.00    | 0.01%             | 2028-05-01      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CKX8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13100000 | PA      | $13262214.81  | 0.25%             | 2029-06-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132GTR33<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    140362 | PA      | $130138.28    | 0.00%             | 2042-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| POTOMAC ELECTRIC POWER                                                           | Potomac Electric Power Co                                                                 | CUSIP: 737679DB3<br>LEI: 549300BXF2DWUNN57U06 | Long             | DBT              | CORP              | US        |     75000 | PA      | $82531.50     | 0.00%             | 2037-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                                                                     | NiSource Inc                                                                              | CUSIP: 65473QBC6<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    209000 | PA      | $181006.54    | 0.00%             | 2044-02-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust                                    | JPMCC Commercial Mortgage Securities Trust 2017-JP5                                       | CUSIP: 46647TAS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2430000 | PA      | $2389931.90   | 0.04%             | 2050-03-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                                | CUSIP: 31428XCX2<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |    150000 | PA      | $122887.50    | 0.00%             | 2048-10-17      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335B6G6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    155218 | PA      | $153567.28    | 0.00%             | 2045-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CHZ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6900000 | PA      | $7102417.99   | 0.13%             | 2030-09-30      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR INC                                                                  | Caterpillar Inc                                                                           | CUSIP: 149123CF6<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |    100000 | PA      | $68753.00     | 0.00%             | 2049-09-19      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYVE6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    245382 | PA      | $199628.35    | 0.00%             | 2041-06-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804FL3<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78505.00     | 0.00%             | 2043-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 9128285M8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10750000 | PA      | $10487968.75  | 0.20%             | 2028-11-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                               | CUSIP: 68389XCN3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150216.00    | 0.00%             | 2030-05-06      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE                                                                       | Federal National Mortgage Association                                                     | CUSIP: 3135G05Y5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |   1750000 | PA      | $1626922.50   | 0.03%             | 2027-10-08      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 06051GGA1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    500000 | PA      | $487960.00    | 0.01%             | 2027-10-21      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                                | L3Harris Technologies Inc                                                                 | CUSIP: 502431AU3<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151078.50    | 0.00%             | 2034-06-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY FLORIDA LLC                                                          | Duke Energy Florida LLC                                                                   | CUSIP: 26444HAH4<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92267.00     | 0.00%             | 2029-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804FG4<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $194596.50    | 0.00%             | 2038-11-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Oglethorpe Power Corp                                                            | Oglethorpe Power Corp                                                                     | CUSIP: 677050AG1<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101209.00    | 0.00%             | 2039-11-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Orange SA                                                                        | Orange SA                                                                                 | CUSIP: 35177PAX5<br>LEI: 969500MCOONR8990S771 | Long             | DBT              | CORP              | FR        |    150000 | PA      | $142339.50    | 0.00%             | 2042-01-13      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PUGET SOUND ENERGY INC                                                           | Puget Sound Energy Inc                                                                    | CUSIP: 745332CK0<br>LEI: 8MNFJR7KOMBQ7X62LK44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $59973.00     | 0.00%             | 2051-09-15      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U2Z5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    600000 | PA      | $494124.00    | 0.01%             | 2053-04-25      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816CS6<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    350000 | PA      | $339629.50    | 0.01%             | 2027-03-04      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                                                              | Gilead Sciences Inc                                                                       | CUSIP: 375558CE1<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143212.50    | 0.00%             | 2064-11-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                                   | CUSIP: 742718FG9<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97863.00     | 0.00%             | 2027-03-25      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                                                  | Deere & Co                                                                                | CUSIP: 244199BK0<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $113778.00    | 0.00%             | 2050-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WJB31<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     73803 | PA      | $71229.91     | 0.00%             | 2046-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830CD9<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98400.00     | 0.00%             | 2034-08-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                                | Johnson & Johnson                                                                         | CUSIP: 478160CP7<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    300000 | PA      | $280563.00    | 0.01%             | 2027-09-01      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810UA4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12750000 | PA      | $12129433.66  | 0.23%             | 2054-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                                                | Cisco Systems Inc                                                                         | CUSIP: 17275RBR2<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |    500000 | PA      | $510190.00    | 0.01%             | 2029-02-26      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 94974BGQ7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    350000 | PA      | $299264.00    | 0.01%             | 2045-11-17      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VDC5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    200000 | PA      | $157202.00    | 0.00%             | 2046-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XFA9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143758.50    | 0.00%             | 2034-09-06      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2016-NXS5                                           | CUSIP: 95000CBB8<br>LEI: 549300SGFUCMB43V8P22 | Long             | ABS-MBS          | CORP              | US        |   1330400 | PA      | $1319631.65   | 0.02%             | 2059-01-15      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| SIXTH STREET LENDING PAR                                                         | Sixth Street Lending Partners                                                             | CUSIP: 829932AB8<br>LEI: 549300S9P1HMDERGCR64 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205304.00    | 0.00%             | 2029-03-11      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd                                                        | Alibaba Group Holding Ltd                                                                 | CUSIP: 01609WAW2<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $157994.00    | 0.00%             | 2057-12-06      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV4W2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    147841 | PA      | $122322.41    | 0.00%             | 2050-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                          | CUSIP: 925524AX8<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152833.50    | 0.00%             | 2036-04-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                                              | Fifth Third Bancorp                                                                       | CUSIP: 316773DD9<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143991.00    | 0.00%             | 2027-11-01      | Fixed         | 1.71%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132HQ6W7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     46814 | PA      | $43405.37     | 0.00%             | 2043-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                                              | FS KKR Capital Corp                                                                       | CUSIP: 302635AN7<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101748.00    | 0.00%             | 2029-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J5M30<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    120755 | PA      | $112802.89    | 0.00%             | 2047-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BAPTIST HLTH SFL OBL GR                                                          | Baptist Health South Florida Foundation Inc                                               | CUSIP: 066836AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $27020.00     | 0.00%             | 2071-11-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448FM5<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190856.00    | 0.00%             | 2032-07-18      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| HORMEL FOODS CORP                                                                | Hormel Foods Corp                                                                         | CUSIP: 440452AH3<br>LEI: MSD54751OJP1FS2ND863 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139198.50    | 0.00%             | 2028-06-03      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| BAT Capital Corp                                                                 | BAT Capital Corp                                                                          | CUSIP: 05526DBP9<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150366.00    | 0.00%             | 2027-04-02      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC                                                                       | Nasdaq Inc                                                                                | CUSIP: 63111XAK7<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |    125000 | PA      | $123993.75    | 0.00%             | 2053-08-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                         | Lloyds Banking Group PLC                                                                  | CUSIP: 539439AQ2<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $389404.00    | 0.01%             | 2028-11-07      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                                                 | Berry Global Inc                                                                          | CUSIP: 08576PAQ4<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151285.50    | 0.00%             | 2034-01-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135BJ4<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    650000 | PA      | $528859.50    | 0.01%             | 2047-08-22      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U3G6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    550000 | PA      | $577500.00    | 0.01%             | 2029-10-23      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Nevada Power Co                                                                  | Nevada Power Co                                                                           | CUSIP: 641423CC0<br>LEI: MJZFGXRJ52U8U4MKJ519 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146166.00    | 0.00%             | 2029-05-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                          | CUSIP: 05526DBR5<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    275000 | PA      | $258670.50    | 0.00%             | 2028-03-25      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                                                      | Bell Telephone Co of Canada or Bell Canada                                                | CUSIP: 0778FPAB5<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $75923.00     | 0.00%             | 2049-07-29      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162DG2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    275000 | PA      | $208384.00    | 0.00%             | 2062-02-22      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                           | CUSIP: 842587DD6<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151947.00    | 0.00%             | 2027-08-01      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC                                                               | Analog Devices Inc                                                                        | CUSIP: 032654AX3<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |    200000 | PA      | $125866.00    | 0.00%             | 2051-10-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810SJ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8000000 | PA      | $4896875.04   | 0.09%             | 2049-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS CO                                                               | Sonoco Products Co                                                                        | CUSIP: 835495AQ5<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99593.00     | 0.00%             | 2026-09-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PBR6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    300000 | PA      | $286383.00    | 0.01%             | 2028-06-01      | Fixed         | 2.18%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132GKF43<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    227156 | PA      | $210608.23    | 0.00%             | 2041-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PEK8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    700000 | PA      | $699853.00    | 0.01%             | 2035-07-22      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UKX9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     87341 | PA      | $81461.75     | 0.00%             | 2049-01-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36207FBX8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     76332 | PA      | $72182.90     | 0.00%             | 2041-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UBS AG STAMFORD CT                                                               | UBS AG/Stamford CT                                                                        | CUSIP: 90261AAD4<br>LEI: 254900R882POXXVAK772 | Long             | DBT              | CORP              | CH        |    250000 | PA      | $251297.50    | 0.00%             | 2028-01-10      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CBT1<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192498.00    | 0.00%             | 2032-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YU51<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    519425 | PA      | $504224.56    | 0.01%             | 2054-04-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALBEMARLE CORP                                                                   | Albemarle Corp                                                                            | CUSIP: 012653AD3<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98858.00     | 0.00%             | 2027-06-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                                                  | Caterpillar Inc                                                                           | CUSIP: 149123CD1<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84921.00     | 0.00%             | 2044-05-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 06051GFG9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90416.00     | 0.00%             | 2044-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PEH5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    575000 | PA      | $595090.50    | 0.01%             | 2035-04-22      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CQA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    204502 | PA      | $184815.94    | 0.00%             | 2047-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VGC2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    625000 | PA      | $420943.75    | 0.01%             | 2061-03-22      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YFL4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    450000 | PA      | $453028.50    | 0.01%             | 2035-01-18      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EP4F8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     43383 | PA      | $38834.70     | 0.00%             | 2044-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WHBB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     76413 | PA      | $66919.34     | 0.00%             | 2046-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNILEVER CAPITAL CORP                                                            | Unilever Capital Corp                                                                     | CUSIP: 904764BS5<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153382.50    | 0.00%             | 2028-09-08      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                                | CUSIP: 31428XCJ3<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145722.00    | 0.00%             | 2030-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                                         | Corebridge Financial Inc                                                                  | CUSIP: 21871XAF6<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145653.00    | 0.00%             | 2029-04-05      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV4P7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1699678 | PA      | $1468856.97   | 0.03%             | 2049-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GENUINE PARTS CO                                                                 | Genuine Parts Co                                                                          | CUSIP: 372460AA3<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |    125000 | PA      | $106691.25    | 0.00%             | 2030-11-01      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Verisk Analytics Inc                                                             | Verisk Analytics Inc                                                                      | CUSIP: 92345YAE6<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47004.00     | 0.00%             | 2045-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XVS2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1251063 | PA      | $1217785.49   | 0.02%             | 2053-03-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                                                 | Ryder System Inc                                                                          | CUSIP: 78355HKP3<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97411.00     | 0.00%             | 2026-12-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJTY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    234416 | PA      | $217173.36    | 0.00%             | 2044-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| OTIS WORLDWIDE CORP                                                              | Otis Worldwide Corp                                                                       | CUSIP: 68902VAR8<br>LEI: 549300ZLBKR8VSU25153 | Long             | DBT              | CORP              | US        |    125000 | PA      | $126830.00    | 0.00%             | 2031-11-19      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ABN4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    550000 | PA      | $358072.00    | 0.01%             | 2051-02-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO                                                              | Consumers Energy Co                                                                       | CUSIP: 210518DX1<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100837.00    | 0.00%             | 2030-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PDA1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    600000 | PA      | $597468.00    | 0.01%             | 2028-04-26      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                                     | CUSIP: 882508CC6<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89705.00     | 0.00%             | 2053-03-14      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TotalEnergies Capital International SA                                           | TotalEnergies Capital International SA                                                    | CUSIP: 89153VAT6<br>LEI: 549300U37G2I8G4RUG09 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $188050.00    | 0.00%             | 2030-01-10      | Fixed         | 2.83%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                               | CUSIP: 438516CZ7<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199242.00    | 0.00%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                         | CUSIP: 24703DBP5<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147454.50    | 0.00%             | 2030-02-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| NIKE INC                                                                         | NIKE Inc                                                                                  | CUSIP: 654106AL7<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |    300000 | PA      | $232293.00    | 0.00%             | 2040-03-27      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc                                                             | Freeport-McMoRan Inc                                                                      | CUSIP: 35671DBC8<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |    300000 | PA      | $278196.00    | 0.01%             | 2043-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| WRKCo Inc                                                                        | WRKCo Inc                                                                                 | CUSIP: 96145DAH8<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147361.50    | 0.00%             | 2028-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| POTOMAC ELECTRIC POWER                                                           | Potomac Electric Power Co                                                                 | CUSIP: 737679DJ6<br>LEI: 549300BXF2DWUNN57U06 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70680.75     | 0.00%             | 2054-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ACB9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    500000 | PA      | $443190.00    | 0.01%             | 2031-02-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| REGENCY CENTERS LP                                                               | Regency Centers LP                                                                        | CUSIP: 75884RBB8<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              |  | US        |     75000 | PA      | $75085.50     | 0.00%             | 2034-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWAM5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2423301 | PA      | $1792543.94   | 0.03%             | 2050-12-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748BH4<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46634.50     | 0.00%             | 2039-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Houston Electric LLC                                          | CenterPoint Energy Houston Electric LLC                                                   | CUSIP: 15189XAT5<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78935.00     | 0.00%             | 2049-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HP INC                                                                           | HP Inc                                                                                    | CUSIP: 40434LAM7<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100318.00    | 0.00%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EV80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    852703 | PA      | $846220.36    | 0.02%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417AX53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    112149 | PA      | $103846.65    | 0.00%             | 2042-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GA53<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    250000 | PA      | $272775.00    | 0.01%             | 2034-10-24      | Fixed         | 6.56%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJTU4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    121662 | PA      | $112712.68    | 0.00%             | 2044-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWH22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3414585 | PA      | $3388965.89   | 0.06%             | 2053-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN FINANCIAL GROUP                                                         | American Financial Group Inc/OH                                                           | CUSIP: 025932AP9<br>LEI: 549300AFOM7IVKIU1G39 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76875.75     | 0.00%             | 2030-04-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ENACT HOLDINGS INC                                                               | Enact Holdings Inc                                                                        | CUSIP: 29249EAA7<br>LEI: 9845003CA5664B741N19 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154260.00    | 0.00%             | 2029-05-28      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Waste Connections Inc                                                            | Waste Connections Inc                                                                     | CUSIP: 941053AJ9<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $96983.00     | 0.00%             | 2029-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132J7YR7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     39407 | PA      | $36512.25     | 0.00%             | 2043-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PacifiCorp                                                                                | CUSIP: 695114DA3<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    250000 | PA      | $224995.00    | 0.00%             | 2054-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138Y4KV0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    151313 | PA      | $138661.05    | 0.00%             | 2044-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810TR9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10300000 | PA      | $8219078.13   | 0.15%             | 2053-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D7E6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3594560 | PA      | $2803375.34   | 0.05%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 3618N5A41<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1770329 | PA      | $1759843.34   | 0.03%             | 2054-11-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WGXY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     63700 | PA      | $59710.53     | 0.00%             | 2046-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816DB2<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    250000 | PA      | $258820.00    | 0.00%             | 2027-11-05      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EWR6<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202778.00    | 0.00%             | 2028-01-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                                 | Altria Group Inc                                                                          | CUSIP: 02209SBL6<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    300000 | PA      | $254628.00    | 0.00%             | 2032-02-04      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | Lloyds Banking Group PLC                                                                  | CUSIP: 539439AW9<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $227386.00    | 0.00%             | 2033-11-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Indonesia Government International Bonds                                         | Indonesia Government International Bonds                                                  | CUSIP: 455780CT1<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    250000 | PA      | $198360.00    | 0.00%             | 2050-10-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EWK1<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199714.00    | 0.00%             | 2027-09-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810SY5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9100000 | PA      | $6481617.23   | 0.12%             | 2041-05-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Energy Transfer Operating LP                                                     | Energy Transfer Operating LP                                                              | CUSIP: 29273RAT6<br>LEI: 5493008K8W3OKZE54J59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85870.00     | 0.00%             | 2043-02-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ABL8<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    450000 | PA      | $322317.00    | 0.01%             | 2041-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RPM International Inc                                                            | RPM International Inc                                                                     | CUSIP: 749685AX1<br>LEI: 549300TJCKW4BRXPJ474 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99374.00     | 0.00%             | 2029-03-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                                        | Amgen Inc                                                                                 | CUSIP: 031162BE9<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90288.00     | 0.00%             | 2041-10-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| AON NORTH AMERICA INC                                                            | Aon North America Inc                                                                     | CUSIP: 03740MAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $205214.00    | 0.00%             | 2031-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                               | CUSIP: 02665WER8<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104691.00    | 0.00%             | 2030-10-04      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31292LJD8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    128520 | PA      | $119162.37    | 0.00%             | 2042-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                         | CUSIP: 30040WAW8<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103952.00    | 0.00%             | 2029-02-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 94973VAL1<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77191.50     | 0.00%             | 2036-01-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                              | CUSIP: 251526CU1<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    250000 | PA      | $264685.00    | 0.00%             | 2029-11-20      | Fixed         | 6.82%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J5Z28<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    314208 | PA      | $293515.35    | 0.01%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MCN8<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $186126.00    | 0.00%             | 2029-01-14      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| AES CORP/THE                                                                     | AES Corp/The                                                                              | CUSIP: 00130HCM5<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148801.50    | 0.00%             | 2032-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                                       | CUSIP: 015271BC2<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     75000 | PA      | $71394.75     | 0.00%             | 2036-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                                                                      | Citibank NA                                                                               | CUSIP: 17325FBG2<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |    300000 | PA      | $307491.00    | 0.01%             | 2034-04-30      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| AGILENT TECHNOLOGIES INC                                                         | Agilent Technologies Inc                                                                  | CUSIP: 00846UAL5<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92839.00     | 0.00%             | 2029-09-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138X4WG1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     72404 | PA      | $70972.23     | 0.00%             | 2028-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MASS GENERAL BRIGHAM INC                                                         | Mass General Brigham Inc                                                                  | CUSIP: 70213HAD0<br>LEI: 5493007Z86EDN0QFYU66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74919.00     | 0.00%             | 2048-07-01      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                                                     | Alphabet Inc                                                                              | CUSIP: 02079KAL1<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    250000 | PA      | $242910.00    | 0.00%             | 2035-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP                                                         | Host Hotels & Resorts LP                                                                  | CUSIP: 44107TBA3<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              |  | US        |     75000 | PA      | $64368.75     | 0.00%             | 2031-12-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                                                                | Ares Capital Corp                                                                         | CUSIP: 04010LBB8<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    200000 | PA      | $186826.00    | 0.00%             | 2028-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CMV0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12000000 | PA      | $11988281.28  | 0.23%             | 2027-03-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ANGLOGOLD HOLDINGS PLC                                                           | AngloGold Ashanti Holdings PLC                                                            | CUSIP: 03512TAF8<br>LEI: 213800745ZIXC4L6A131 | Long             | DBT              | CORP              | IM        |    200000 | PA      | $189230.00    | 0.00%             | 2028-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                                        | CUSIP: 74456QAV8<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74899.50     | 0.00%             | 2040-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GCU6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    175000 | PA      | $188924.75    | 0.00%             | 2033-02-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas LLC                                                        | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CAH7<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147159.00    | 0.00%             | 2040-02-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                                               | Vodafone Group PLC                                                                        | CUSIP: 92857WBS8<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $251616.00    | 0.00%             | 2049-06-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                         | CUSIP: 639057AS7<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $250667.50    | 0.00%             | 2030-08-15      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                             | CUSIP: 571903BE2<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198624.00    | 0.00%             | 2030-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457BV9<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194494.00    | 0.00%             | 2029-03-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | State of California                                                                       | CUSIP: 13063A7D0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $568819.00    | 0.01%             | 2039-10-01      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JCQ5<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100128.00    | 0.00%             | 2028-05-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VBN2<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    175000 | PA      | $172655.00    | 0.00%             | 2077-08-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC                                                           | Roper Technologies Inc                                                                    | CUSIP: 776743AL0<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |    200000 | PA      | $169546.00    | 0.00%             | 2031-02-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FBG5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    350000 | PA      | $253855.00    | 0.00%             | 2051-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                                | CUSIP: 14040HCZ6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    300000 | PA      | $312507.00    | 0.01%             | 2029-06-08      | Fixed         | 6.31%                 | No            |                  2 | On Loan: No      |
| Hyatt Hotels Corp                                                                | Hyatt Hotels Corp                                                                         | CUSIP: 448579AG7<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148101.00    | 0.00%             | 2028-09-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| EXPORT DEVELOPMNT CANADA                                                         | Export Development Canada                                                                 | CUSIP: 30216BKH4<br>LEI: Z6MHCSLXHKYG4B6PHW02 | Long             | DBT              | NUSS              | CA        |    500000 | PA      | $498190.00    | 0.01%             | 2027-09-07      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HP INC                                                                           | HP Inc                                                                                    | CUSIP: 40434LAS4<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101253.00    | 0.00%             | 2035-04-25      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANK                                                                 | Fifth Third Bank NA                                                                       | CUSIP: 31677QBR9<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |    250000 | PA      | $241295.00    | 0.00%             | 2027-02-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE OP CO                                                             | Public Storage Operating Co                                                               | CUSIP: 74460DAJ8<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              |  | US        |    100000 | PA      | $86224.00     | 0.00%             | 2031-11-09      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK CORP                                                                   | Brunswick Corp/DE                                                                         | CUSIP: 117043AW9<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101697.00    | 0.00%             | 2029-03-18      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119DC0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    250000 | PA      | $244192.50    | 0.00%             | 2055-03-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                              | CUSIP: 883556CL4<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |    250000 | PA      | $215070.00    | 0.00%             | 2031-10-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                                                           | GE HealthCare Technologies Inc                                                            | CUSIP: 36267VAK9<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    300000 | PA      | $315444.00    | 0.01%             | 2032-11-22      | Fixed         | 5.91%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BK/NY                                                         | National Australia Bank Ltd/New York                                                      | CUSIP: 63254AAS7<br>LEI: 549300E2IPL06NDXMZ63 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $245300.00    | 0.00%             | 2026-07-12      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UGC0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    364645 | PA      | $340283.22    | 0.01%             | 2048-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KYNDRYL HOLDINGS INC                                                             | Kyndryl Holdings Inc                                                                      | CUSIP: 50155QAN0<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105016.00    | 0.00%             | 2034-02-20      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X6TF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    987453 | PA      | $858715.26    | 0.02%             | 2050-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680BN2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252610.00    | 0.00%             | 2053-09-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MMTN3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    113698 | PA      | $109762.57    | 0.00%             | 2030-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                                  | CUSIP: 298785KB1<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    700000 | PA      | $704991.00    | 0.01%             | 2027-03-19      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135BR6<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    200000 | PA      | $189046.00    | 0.00%             | 2027-06-03      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                                                         | CSX Corp                                                                                  | CUSIP: 126408HS5<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $73961.00     | 0.00%             | 2050-04-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| BRITISH COLUMBIA PROV OF                                                         | Province of British Columbia Canada                                                       | CUSIP: 11070TAM0<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |    450000 | PA      | $435667.50    | 0.01%             | 2033-07-06      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| BANNER HEALTH                                                                    | Banner Health                                                                             | CUSIP: 06654DAB3<br>LEI: PLD0E0WJKFN8IZJ2WD85 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90899.00     | 0.00%             | 2030-01-01      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                         | Lloyds Banking Group PLC                                                                  | CUSIP: 539439AT6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $199140.00    | 0.00%             | 2028-08-16      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CBN4<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    200000 | PA      | $132240.00    | 0.00%             | 2051-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78016HZW3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $202014.00    | 0.00%             | 2034-02-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                                      | CUSIP: 49271VAU4<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76491.00     | 0.00%             | 2031-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DUF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1099110 | PA      | $813125.34    | 0.02%             | 2050-11-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VDM9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    404111 | PA      | $341126.13    | 0.01%             | 2050-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Federal National Mortgage Association                                                     | CUSIP: 31364FDC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |    164000 | PA      | $171452.16    | 0.00%             | 2027-10-08      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| NVENT FINANCE SARL                                                               | nVent Finance Sarl                                                                        | CUSIP: 67078AAF0<br>LEI: 549300KO1OQ4MVFB6X02 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $99953.00     | 0.00%             | 2033-05-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680AY9<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141741.00    | 0.00%             | 2029-09-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                                                         | Northern States Power Co/MN                                                               | CUSIP: 665772CU1<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65541.00     | 0.00%             | 2052-04-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY SOUTH                                                            | Dominion Energy South Carolina Inc                                                        | CUSIP: 25731VAC8<br>LEI: 3QRVFYR22IUIEOORTK28 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100501.00    | 0.00%             | 2035-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                                                      | Exelon Corp                                                                               | CUSIP: 30161NBK6<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151834.50    | 0.00%             | 2033-03-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJYM6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    768922 | PA      | $674247.95    | 0.01%             | 2046-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                          | CUSIP: 06368FAJ8<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $242800.00    | 0.00%             | 2027-03-08      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                               | CUSIP: 02665WEM9<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203294.00    | 0.00%             | 2028-07-07      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335BUF1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     50507 | PA      | $51037.76     | 0.00%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280CK3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $219390.00    | 0.00%             | 2031-08-18      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                                    | CUSIP: 045167FH1<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $480475.00    | 0.01%             | 2027-01-20      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| FHLMC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES                           | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137BMTX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     95454 | PA      | $94811.96     | 0.00%             | 2025-11-25      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Bank                                                                             | BANK 2017-BNK9                                                                            | CUSIP: 06540RAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    950000 | PA      | $920433.68    | 0.02%             | 2054-11-15      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS LLC                                                           | Chubb INA Holdings LLC                                                                    | CUSIP: 171239AL0<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151551.00    | 0.00%             | 2029-08-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138XYG73<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     66738 | PA      | $61157.31     | 0.00%             | 2044-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31419BBT1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    381492 | PA      | $366720.97    | 0.01%             | 2041-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081FC6<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153121.50    | 0.00%             | 2040-03-01      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| Republic Services Inc                                                            | Republic Services Inc                                                                     | CUSIP: 760759AN0<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75846.75     | 0.00%             | 2041-05-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                               | CUSIP: 59156RBD9<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82331.00     | 0.00%             | 2042-08-13      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                                | CUSIP: 717081EV1<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    250000 | PA      | $192227.50    | 0.00%             | 2049-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KEYSIGHT TECHNOLOGIES                                                            | Keysight Technologies Inc                                                                 | CUSIP: 49338LAG8<br>LEI: 549300GLKVIO8YRCYN02 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97404.00     | 0.00%             | 2034-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UZV7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     24020 | PA      | $23133.97     | 0.00%             | 2049-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KJDQ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1273384 | PA      | $1009863.00   | 0.02%             | 2050-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT LIGHT & PWR                                                          | Connecticut Light and Power Co/The                                                        | CUSIP: 207597EQ4<br>LEI: 549300O45IUXEDS1VZ32 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74199.75     | 0.00%             | 2033-07-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179MNG1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    745331 | PA      | $672719.36    | 0.01%             | 2042-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Energy Co                                                     | Berkshire Hathaway Energy Co                                                              | CUSIP: 084659AP6<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |    150000 | PA      | $109624.50    | 0.00%             | 2048-07-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WJVG0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    156569 | PA      | $149558.47    | 0.00%             | 2032-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BLACK HILLS CORP                                                                 | Black Hills Corp                                                                          | CUSIP: 092113AX7<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76573.50     | 0.00%             | 2035-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Brighthouse Financial Inc                                                        | Brighthouse Financial Inc                                                                 | CUSIP: 10922NAG8<br>LEI: 5493003T8SZSHOGGAW52 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152797.50    | 0.00%             | 2030-05-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XH6W2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2146609 | PA      | $1996402.74   | 0.04%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORP                                                                     | Newmont Corp                                                                              | CUSIP: 651639AV8<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94927.00     | 0.00%             | 2044-06-09      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Energy Transfer Operating LP                                                     | Energy Transfer Operating LP                                                              | CUSIP: 29273RAZ2<br>LEI: 5493008K8W3OKZE54J59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94090.00     | 0.00%             | 2043-10-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X4F84<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    198500 | PA      | $185345.22    | 0.00%             | 2049-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TNR2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    556089 | PA      | $503876.85    | 0.01%             | 2047-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                                                      | NVIDIA Corp                                                                               | CUSIP: 67066GAF1<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |    250000 | PA      | $235270.00    | 0.00%             | 2030-04-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| MARKEL GROUP INC                                                                 | Markel Group Inc                                                                          | CUSIP: 570535AQ7<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86033.00     | 0.00%             | 2046-04-05      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BAT INTL FINANCE PLC                                                             | BAT International Finance PLC                                                             | CUSIP: 05530QAP5<br>LEI: 21380041YBGOQDFAC823 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $199428.00    | 0.00%             | 2028-03-16      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                                                          | American Electric Power Co Inc                                                            | CUSIP: 025537AZ4<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77143.50     | 0.00%             | 2054-12-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833DU1<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    300000 | PA      | $265260.00    | 0.00%             | 2030-05-11      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                            | CUSIP: 10373QBV1<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    350000 | PA      | $344291.50    | 0.01%             | 2033-09-11      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| SEMPRA                                                                           | Sempra                                                                                    | CUSIP: 816851BU2<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70895.25     | 0.00%             | 2055-04-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YEK7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    400000 | PA      | $386360.00    | 0.01%             | 2028-01-21      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680BH5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151720.50    | 0.00%             | 2026-11-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| BIOGEN INC                                                                       | Biogen Inc                                                                                | CUSIP: 09062XAH6<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |    300000 | PA      | $266232.00    | 0.01%             | 2030-05-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FBQ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1240496 | PA      | $1273372.88   | 0.02%             | 2054-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWMT7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1356804 | PA      | $1371481.86   | 0.03%             | 2054-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X46F8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    411753 | PA      | $404384.80    | 0.01%             | 2047-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Simon Property Group LP                                                          | Simon Property Group LP                                                                   | CUSIP: 828807CE5<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    100000 | PA      | $111667.00    | 0.00%             | 2040-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VBS2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    100000 | PA      | $108257.00    | 0.00%             | 2033-09-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC / Charter Communications Operating Capital  | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175BS2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $161030.00    | 0.00%             | 2049-07-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FFB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    946008 | PA      | $914230.44    | 0.02%             | 2044-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138A8RC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     21294 | PA      | $20539.21     | 0.00%             | 2041-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INTL FINANCE CORP                                                                | International Finance Corp                                                                | CUSIP: 45950KCX6<br>LEI: QKL54NQY28TCDAI75F60 | Long             | DBT              | NUSS              | XX        |    300000 | PA      | $287199.00    | 0.01%             | 2026-10-08      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KCQ1<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    200000 | PA      | $178874.00    | 0.00%             | 2053-02-28      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                       | PacifiCorp                                                                                | CUSIP: 695114CB2<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102862.00    | 0.00%             | 2036-08-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| YAMANA GOLD INC                                                                  | Yamana Gold Inc                                                                           | CUSIP: 98462YAF7<br>LEI: 54930002VY22NXG01418 | Long             | DBT              | CORP              | CA        |     50000 | PA      | $43610.50     | 0.00%             | 2031-08-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VS50<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    137165 | PA      | $128764.61    | 0.00%             | 2035-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL GRID PLC                                                                | National Grid PLC                                                                         | CUSIP: 636274AF9<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $151276.50    | 0.00%             | 2034-01-11      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                               | CUSIP: 797440CB8<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88174.00     | 0.00%             | 2032-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ohio Edison Co                                                                   | Ohio Edison Co                                                                            | CUSIP: 677347CE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $111292.00    | 0.00%             | 2036-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 3618N5EW5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    888919 | PA      | $898884.61    | 0.02%             | 2055-01-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COTTAGE HEALTH SYSTEM                                                            | Cottage Health Obligated Group                                                            | CUSIP: 22170QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $67801.00     | 0.00%             | 2049-11-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VBX0<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    250000 | PA      | $232357.50    | 0.00%             | 2030-01-31      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Costco Wholesale Corp                                                            | Costco Wholesale Corp                                                                     | CUSIP: 22160KAM7<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | DBT              | CORP              | US        |    300000 | PA      | $294354.00    | 0.01%             | 2027-05-18      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LOUISVILLE GAS & ELEC                                                            | Louisville Gas and Electric Co                                                            | CUSIP: 546676AY3<br>LEI: KO3GRIB3RPH1XDX50U72 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77425.00     | 0.00%             | 2049-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                                                             | Kraft Heinz Foods Co                                                                      | CUSIP: 50077LBM7<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75259.50     | 0.00%             | 2032-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON & CO                                                            | Becton Dickinson & Co                                                                     | CUSIP: 075887BX6<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    200000 | PA      | $166750.00    | 0.00%             | 2047-06-06      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680BB8<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92394.00     | 0.00%             | 2030-03-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076CC4<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    200000 | PA      | $156364.00    | 0.00%             | 2040-04-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172DJ5<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301923.00    | 0.01%             | 2034-02-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138MBKA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    181539 | PA      | $168070.86    | 0.00%             | 2042-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RJZ6<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    450000 | PA      | $344763.00    | 0.01%             | 2041-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas LLC                                                        | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CAR5<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76137.00     | 0.00%             | 2046-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SMURFIT WESTROCK FIN                                                             | Smurfit Westrock Financing DAC                                                            | CUSIP: 83272YAB8<br>LEI: 6354005S6ZLHLVX7VT12 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $198862.00    | 0.00%             | 2035-01-15      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                               | CUSIP: 02665WFQ9<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148449.00    | 0.00%             | 2029-09-05      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335BPP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    247156 | PA      | $257838.15    | 0.00%             | 2040-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                            | CUSIP: 58933YBA2<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    100000 | PA      | $68477.00     | 0.00%             | 2040-06-24      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                                          | Duke Energy Florida LLC                                                                   | CUSIP: 341099CR8<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |     75000 | PA      | $58335.00     | 0.00%             | 2042-11-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YPG3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    510534 | PA      | $508729.28    | 0.01%             | 2054-01-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL BDC                                                                | Golub Capital BDC Inc                                                                     | CUSIP: 38173MAE2<br>LEI: 2549005WE0QLGK9APF78 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101247.00    | 0.00%             | 2029-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS CO                                                               | Sonoco Products Co                                                                        | CUSIP: 835495AP7<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86867.00     | 0.00%             | 2032-02-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                                                                   | Starbucks Corp                                                                            | CUSIP: 855244AK5<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48967.00     | 0.00%             | 2026-06-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Dupont De Nemours Inc                                                            | DuPont de Nemours Inc                                                                     | CUSIP: 26078JAD2<br>LEI: 5493004JF0SDFLM8GD76 | Long             | DBT              | CORP              | US        |    400000 | PA      | $405012.00    | 0.01%             | 2028-11-15      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| Johnson Controls International plc                                               | Johnson Controls International plc                                                        | CUSIP: 478375AN8<br>LEI: 549300XQ6S1GYKGBL205 | Long             | DBT              | CORP              | IE        |    100000 | PA      | $81044.00     | 0.00%             | 2064-07-02      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ATMOS ENERGY CORP                                                                | Atmos Energy Corp                                                                         | CUSIP: 049560AZ8<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |    150000 | PA      | $158608.50    | 0.00%             | 2033-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Republic of Poland Government International Bonds                                | Republic of Poland Government International Bonds                                         | CUSIP: 731011AY8<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    500000 | PA      | $496170.00    | 0.01%             | 2034-09-18      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| KIMBERLY-CLARK CORP                                                              | Kimberly-Clark Corp                                                                       | CUSIP: 494368CB7<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |    250000 | PA      | $236572.50    | 0.00%             | 2030-03-26      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ERR85<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     65476 | PA      | $60629.13     | 0.00%             | 2044-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                                                              | Dow Chemical Co/The                                                                       | CUSIP: 260543CV3<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $118857.00    | 0.00%             | 2049-05-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp                                                                   | Air Lease Corp                                                                            | CUSIP: 00912XBF0<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100078.00    | 0.00%             | 2028-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FAX5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1988286 | PA      | $2009960.31   | 0.04%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132GU4P6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     64329 | PA      | $59645.32     | 0.00%             | 2042-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WHUY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    118965 | PA      | $104183.90    | 0.00%             | 2046-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Packaging Corp of America                                                        | Packaging Corp of America                                                                 | CUSIP: 695156AV1<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74066.00     | 0.00%             | 2049-12-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                       | Intel Corp                                                                                | CUSIP: 458140AT7<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    175000 | PA      | $144474.75    | 0.00%             | 2045-07-29      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                                                               | Steel Dynamics Inc                                                                        | CUSIP: 858119BQ2<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |    125000 | PA      | $124947.50    | 0.00%             | 2034-08-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 969457CP3<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201970.00    | 0.00%             | 2035-03-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| American Water Capital Corp                                                      | American Water Capital Corp                                                               | CUSIP: 03040WAD7<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |    150000 | PA      | $164532.00    | 0.00%             | 2037-10-15      | Fixed         | 6.59%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                         | CUSIP: 49456BAG6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146877.00    | 0.00%             | 2034-12-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133BJNZ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1781094 | PA      | $1693169.93   | 0.03%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CBH6<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    100000 | PA      | $69607.00     | 0.00%             | 2052-03-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111GE7<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101179.00    | 0.00%             | 2033-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| EXPORT DEVELOPMNT CANADA                                                         | Export Development Canada                                                                 | CUSIP: 30216BKF8<br>LEI: Z6MHCSLXHKYG4B6PHW02 | Long             | DBT              | NUSS              | CA        |    500000 | PA      | $511425.00    | 0.01%             | 2034-06-05      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CGM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    136782 | PA      | $132196.32    | 0.00%             | 2032-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Panama Government International Bonds                                            | Panama Government International Bonds                                                     | CUSIP: 698299BK9<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    200000 | PA      | $176614.00    | 0.00%             | 2030-01-23      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| NorthWestern Corp                                                                | NorthWestern Corp                                                                         | CUSIP: 668074AU1<br>LEI: 3BPWMBHR1R9SHUN7J795 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79227.00     | 0.00%             | 2044-11-15      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 75513ECM1<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    200000 | PA      | $168828.00    | 0.00%             | 2031-09-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216DQ0<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    150000 | PA      | $109414.50    | 0.00%             | 2041-05-05      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SOUTHWEST GAS CORP                                                               | Southwest Gas Corp                                                                        | CUSIP: 845011AC9<br>LEI: OQQR1IQTGBKH0UR88X59 | Long             | DBT              | CORP              | US        |    250000 | PA      | $222085.00    | 0.00%             | 2030-06-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133B8AL0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2061653 | PA      | $1685378.70   | 0.03%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                                                       | Zoetis Inc                                                                                | CUSIP: 98978VAM5<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77507.00     | 0.00%             | 2047-09-12      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MFK5<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    350000 | PA      | $249553.50    | 0.00%             | 2049-09-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Bio-Rad Laboratories Inc                                                         | Bio-Rad Laboratories Inc                                                                  | CUSIP: 090572AQ1<br>LEI: 549300ZC1GPV35XYDK53 | Long             | DBT              | CORP              | US        |    150000 | PA      | $136434.00    | 0.00%             | 2032-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                                                     | Alphabet Inc                                                                              | CUSIP: 02079KAN7<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    250000 | PA      | $239482.50    | 0.00%             | 2065-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D56B3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    172055 | PA      | $152623.94    | 0.00%             | 2035-08-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Energy Transfer Operating LP                                                     | Energy Transfer Operating LP                                                              | CUSIP: 29278NAF0<br>LEI: 5493008K8W3OKZE54J59 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151053.00    | 0.00%             | 2028-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                               | CUSIP: 68389XCZ6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203044.00    | 0.00%             | 2032-02-03      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV7A7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2076056 | PA      | $1710730.45   | 0.03%             | 2050-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WestRock MWV LLC                                                                 | WestRock MWV LLC                                                                          | CUSIP: 961548AY0<br>LEI: 4DL8C98Z5G5IXZLH3578 | Long             | DBT              | CORP              | US        |     50000 | PA      | $56999.50     | 0.00%             | 2031-02-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | Port Authority of New York & New Jersey                                                   | CUSIP: 73358W3L6<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    100000 | PA      | $61245.50     | 0.00%             | 2069-08-01      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| Boston Scientific Corp                                                           | Boston Scientific Corp                                                                    | CUSIP: 101137AT4<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138523.50    | 0.00%             | 2039-03-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                               | CUSIP: 68389XBW4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    550000 | PA      | $429792.00    | 0.01%             | 2040-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216DK3<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    125000 | PA      | $110343.75    | 0.00%             | 2031-03-05      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                         | CUSIP: 24703TAK2<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    139000 | PA      | $171933.27    | 0.00%             | 2046-07-15      | Fixed         | 8.35%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WFH6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1474190 | PA      | $1286979.08   | 0.02%             | 2051-05-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PRES & FELLOWS OF HARVAR                                                         | President and Fellows of Harvard College                                                  | CUSIP: 740816AR4<br>LEI: 6S3X7J22E861RNTJSA74 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146992.50    | 0.00%             | 2035-02-15      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687FW1<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    200000 | PA      | $191186.00    | 0.00%             | 2028-01-13      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| TransCanada PipeLines Ltd                                                        | TransCanada PipeLines Ltd                                                                 | CUSIP: 893526DF7<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $99916.00     | 0.00%             | 2034-03-31      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680BL6<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    300000 | PA      | $308325.00    | 0.01%             | 2033-09-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| CARDINAL HEALTH INC                                                              | Cardinal Health Inc                                                                       | CUSIP: 14149YBN7<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |    125000 | PA      | $127385.00    | 0.00%             | 2029-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EWL9<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146614.50    | 0.00%             | 2032-09-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3142GRPR5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1453806 | PA      | $1455390.17   | 0.03%             | 2054-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                                              | Gilead Sciences Inc                                                                       | CUSIP: 375558AX1<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    300000 | PA      | $267636.00    | 0.01%             | 2044-04-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ENTERGY TEXAS INC                                                                | Entergy Texas Inc                                                                         | CUSIP: 29365TAK0<br>LEI: LWXX58X12AJXISQ28573 | Long             | DBT              | CORP              | US        |    150000 | PA      | $127779.00    | 0.00%             | 2031-03-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                                     | CUSIP: 89788MAC6<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    250000 | PA      | $233700.00    | 0.00%             | 2027-08-03      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| UNION ELECTRIC CO                                                                | Union Electric Co                                                                         | CUSIP: 906548CZ3<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |     75000 | PA      | $67043.25     | 0.00%             | 2055-03-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                                         | Duke Energy Progress LLC                                                                  | CUSIP: 26442UAU8<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148210.50    | 0.00%             | 2035-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                                               | BMO 2024-C9 Mortgage Trust                                                                | CUSIP: 05593MAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4500000 | PA      | $4666492.89   | 0.09%             | 2057-07-15      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                             | CUSIP: 501044DG3<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    200000 | PA      | $161758.00    | 0.00%             | 2047-02-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                            | CUSIP: 10373QBG4<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    400000 | PA      | $250996.00    | 0.00%             | 2050-02-24      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Progress Energy Inc                                                              | Progress Energy Inc                                                                       | CUSIP: 743263AG0<br>LEI: 549300FBMTW0JYWMNB26 | Long             | DBT              | CORP              | US        |    100000 | PA      | $110995.00    | 0.00%             | 2031-10-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VDR2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    200000 | PA      | $184788.00    | 0.00%             | 2039-03-15      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJ2T6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    356817 | PA      | $333764.55    | 0.01%             | 2047-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                               | CUSIP: 931142FN8<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175714.00    | 0.00%             | 2030-04-28      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                                                 | Georgia Power Co                                                                          | CUSIP: 373334KQ3<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98957.00     | 0.00%             | 2032-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| NSTAR Electric Co                                                                | NSTAR Electric Co                                                                         | CUSIP: 67021CAM9<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146923.50    | 0.00%             | 2027-05-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PER9<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    350000 | PA      | $353475.50    | 0.01%             | 2033-02-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WFEU6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     90200 | PA      | $86809.01     | 0.00%             | 2030-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                                                            | Entergy Louisiana LLC                                                                     | CUSIP: 29364WBA5<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92943.00     | 0.00%             | 2033-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                                                              | Dollar General Corp                                                                       | CUSIP: 256677AG0<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |    200000 | PA      | $187292.00    | 0.00%             | 2030-04-03      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                           | Extra Space Storage LP                                                                    | CUSIP: 30225VAG2<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |    150000 | PA      | $125058.00    | 0.00%             | 2032-03-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818FS2<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    150000 | PA      | $99663.00     | 0.00%             | 2071-04-06      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS                                                           | Zimmer Biomet Holdings Inc                                                                | CUSIP: 98956PAV4<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |    150000 | PA      | $130945.50    | 0.00%             | 2031-11-24      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DQB39<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2454205 | PA      | $2456582.49   | 0.05%             | 2053-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137H7M91<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1200000 | PA      | $1054045.60   | 0.02%             | 2032-04-25      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ELECTRIC POWER                                                         | Wisconsin Electric Power Co                                                               | CUSIP: 976656CM8<br>LEI: AENKIFMULUAWOUU8Q584 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92949.00     | 0.00%             | 2028-06-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                                                                     | NiSource Inc                                                                              | CUSIP: 65473QBG7<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    100000 | PA      | $75015.00     | 0.00%             | 2048-03-30      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                                                                  | AstraZeneca PLC                                                                           | CUSIP: 046353AN8<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $98102.00     | 0.00%             | 2027-06-12      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                           | Extra Space Storage LP                                                                    | CUSIP: 30225VAN7<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |    100000 | PA      | $97155.00     | 0.00%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HORMEL FOODS CORP                                                                | Hormel Foods Corp                                                                         | CUSIP: 440452AK6<br>LEI: MSD54751OJP1FS2ND863 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100947.00    | 0.00%             | 2027-03-30      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| EVERGY INC                                                                       | Evergy Inc                                                                                | CUSIP: 30034WAE6<br>LEI: 549300PGTHDQY6PSUI61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99339.00     | 0.00%             | 2055-06-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                                | CUSIP: 444859CD2<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    125000 | PA      | $122847.50    | 0.00%             | 2035-05-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Huntington Ingalls Industries Inc                                                | Huntington Ingalls Industries Inc                                                         | CUSIP: 446413AT3<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96559.00     | 0.00%             | 2030-05-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RBH4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    275000 | PA      | $227812.75    | 0.00%             | 2042-12-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | Port Authority of New York & New Jersey                                                   | CUSIP: 73358WCW2<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    150000 | PA      | $154266.60    | 0.00%             | 2040-11-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                                        | CUSIP: 74456QCH7<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    250000 | PA      | $213725.00    | 0.00%             | 2031-08-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| GENUINE PARTS CO                                                                 | Genuine Parts Co                                                                          | CUSIP: 372460AE5<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |     75000 | PA      | $79322.25     | 0.00%             | 2028-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                             | CUSIP: 345370CR9<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    245000 | PA      | $241685.15    | 0.00%             | 2026-12-08      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6A42<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1301159 | PA      | $1145422.61   | 0.02%             | 2036-11-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Diageo Investment Corp                                                           | Diageo Investment Corp                                                                    | CUSIP: 25245BAA5<br>LEI: S4G8DPIPDVCF6CB81Z61 | Long             | DBT              | CORP              | US        |    150000 | PA      | $124470.00    | 0.00%             | 2042-05-11      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XBS8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    200000 | PA      | $171440.00    | 0.00%             | 2031-09-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477CU5<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251985.00    | 0.00%             | 2028-02-28      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                                                   | Starbucks Corp                                                                            | CUSIP: 855244AZ2<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    195000 | PA      | $174437.25    | 0.00%             | 2030-11-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Bank                                                                             | BANK 2020-BNK26                                                                           | CUSIP: 06540JBG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $267854.49    | 0.01%             | 2063-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| BAIDU INC                                                                        | Baidu Inc                                                                                 | CUSIP: 056752AU2<br>LEI: 254900AL64IANZYI1E02 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $176872.00    | 0.00%             | 2031-08-23      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| CGI INC                                                                          | CGI Inc                                                                                   | CUSIP: 12532HAC8<br>LEI: 549300WSRCZY73ZG3090 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $96118.00     | 0.00%             | 2026-09-14      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DW73<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    225380 | PA      | $199405.58    | 0.00%             | 2041-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QQF91<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2229176 | PA      | $2241043.32   | 0.04%             | 2052-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LENNOX INTERNATIONAL INC                                                         | Lennox International Inc                                                                  | CUSIP: 526107AG2<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102659.00    | 0.00%             | 2028-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd                                                        | Alibaba Group Holding Ltd                                                                 | CUSIP: 01609WAU6<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $174508.00    | 0.00%             | 2037-12-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XCB5<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |    100000 | PA      | $85536.00     | 0.00%             | 2032-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                                                          | Astrazeneca Finance LLC                                                                   | CUSIP: 04636NAK9<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |    300000 | PA      | $303213.00    | 0.01%             | 2027-02-26      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417GLV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     53254 | PA      | $47666.10     | 0.00%             | 2043-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                                         | Duke Energy Progress LLC                                                                  | CUSIP: 26442UAN4<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |     75000 | PA      | $68625.75     | 0.00%             | 2032-04-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DEM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     55510 | PA      | $53653.83     | 0.00%             | 2034-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GKK4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    650000 | PA      | $572663.00    | 0.01%             | 2033-02-04      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| Equinor ASA                                                                      | Equinor ASA                                                                               | CUSIP: 85771PAC6<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |    114000 | PA      | $108799.32    | 0.00%             | 2040-08-17      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TLY9<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151884.00    | 0.00%             | 2027-03-19      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Japan Bank for International Cooperation                                         | Japan Bank for International Cooperation                                                  | CUSIP: 471048BT4<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $195036.00    | 0.00%             | 2028-07-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC                                      | BBCMS Mortgage Trust 2018-C2                                                              | CUSIP: 05491UBC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    449000 | PA      | $440141.78    | 0.01%             | 2051-12-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ERNP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    653869 | PA      | $575174.83    | 0.01%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DVA7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1557995 | PA      | $1222668.86   | 0.02%             | 2050-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                                                  | Chevron USA Inc                                                                           | CUSIP: 166756AL0<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140377.50    | 0.00%             | 2027-08-12      | Fixed         | 1.02%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418WPP9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    113512 | PA      | $112161.27    | 0.00%             | 2040-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081GX9<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99217.00     | 0.00%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132JM5V7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     59271 | PA      | $54911.17     | 0.00%             | 2043-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fidelity National Information Services Inc                                       | Fidelity National Information Services Inc                                                | CUSIP: 31620MBU9<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71567.00     | 0.00%             | 2041-03-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OP                                                              | Invitation Homes Operating Partnership LP                                                 | CUSIP: 46188BAB8<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              |  | US        |    200000 | PA      | $185722.00    | 0.00%             | 2028-11-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                                       | CUSIP: 891906AF6<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99138.00     | 0.00%             | 2028-06-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417HBT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    356110 | PA      | $329518.75    | 0.01%             | 2043-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF GAS CO                                                            | Southern California Gas Co                                                                | CUSIP: 842434CX8<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103356.00    | 0.00%             | 2052-11-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36180SNG5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     10824 | PA      | $9821.30      | 0.00%             | 2045-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                       | PacifiCorp                                                                                | CUSIP: 695114CL0<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    130000 | PA      | $131361.10    | 0.00%             | 2039-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128P76T5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     41899 | PA      | $40454.20     | 0.00%             | 2034-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Oncor Electric Delivery Co LLC                                                   | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JAS3<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     37000 | PA      | $34623.12     | 0.00%             | 2042-06-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                                                     | CD 2016-CD2 Mortgage Trust                                                                | CUSIP: 12515ABE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    240000 | PA      | $232361.04    | 0.00%             | 2049-11-10      | Variable      | 3.53%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                                                         | Prudential Financial Inc                                                                  | CUSIP: 744320BK7<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200038.00    | 0.00%             | 2052-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                            | CUSIP: 00914AAX0<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101212.00    | 0.00%             | 2031-07-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                                                | General Mills Inc                                                                         | CUSIP: 370334BP8<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |     75000 | PA      | $59949.75     | 0.00%             | 2043-02-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                 | CUSIP: 00774MBN4<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    250000 | PA      | $251360.00    | 0.00%             | 2028-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION                                                         | Sabine Pass Liquefaction LLC                                                              | CUSIP: 785592AZ9<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102201.00    | 0.00%             | 2037-09-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818GC6<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    150000 | PA      | $134071.50    | 0.00%             | 2052-09-09      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| TotalEnergies Capital International SA                                           | TotalEnergies Capital International SA                                                    | CUSIP: 89153VAU3<br>LEI: 549300U37G2I8G4RUG09 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $137476.00    | 0.00%             | 2049-07-12      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687FQ4<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195630.00    | 0.00%             | 2030-03-22      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138MDZA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    139704 | PA      | $129361.56    | 0.00%             | 2042-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WXJ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1156074 | PA      | $970032.27    | 0.02%             | 2052-02-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GLOBE LIFE INC                                                                   | Globe Life Inc                                                                            | CUSIP: 37959EAA0<br>LEI: 5493001JFHKQOPP6XA71 | Long             | DBT              | CORP              | US        |    150000 | PA      | $130479.00    | 0.00%             | 2030-08-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830BD0<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $116445.00    | 0.00%             | 2045-03-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Japan Bank for International Cooperation                                         | Japan Bank for International Cooperation                                                  | CUSIP: 471048AX6<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    400000 | PA      | $389576.00    | 0.01%             | 2026-07-21      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Capital I                                                          | Goldman Sachs Capital I                                                                   | CUSIP: 38143VAA7<br>LEI: 5299005MCIJK7R2NP351 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153721.50    | 0.00%             | 2034-02-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Pharmacia LLC                                                                    | Pharmacia LLC                                                                             | CUSIP: 71713UAW2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $160542.00    | 0.00%             | 2028-12-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                                        | CUSIP: 05971KAG4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $176070.00    | 0.00%             | 2030-12-03      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                                    | Boeing Co/The                                                                             | CUSIP: 097023CJ2<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86578.00     | 0.00%             | 2034-05-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RAILWAY                                                            | Canadian National Railway Co                                                              | CUSIP: 136375CZ3<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $114302.00    | 0.00%             | 2050-05-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DFE7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     14545 | PA      | $13599.26     | 0.00%             | 2034-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448GA0<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151390.50    | 0.00%             | 2028-02-07      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WGCY8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     40280 | PA      | $35428.74     | 0.00%             | 2045-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DSN3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1087139 | PA      | $1010620.31   | 0.02%             | 2035-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312940ZV4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      4369 | PA      | $4398.91      | 0.00%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RENAISSANCERE HOLDINGS L                                                         | RenaissanceRe Holdings Ltd                                                                | CUSIP: 75968NAE1<br>LEI: EK6GB9U3U58PDI411C94 | Long             | DBT              | CORP              | BM        |    150000 | PA      | $152391.00    | 0.00%             | 2033-06-05      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Duke Energy Ohio Inc                                                             | Duke Energy Ohio Inc                                                                      | CUSIP: 26442EAF7<br>LEI: L6KC0HABGHNFU1Z6QY21 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73300.50     | 0.00%             | 2029-02-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XJNU3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1989515 | PA      | $1885758.82   | 0.04%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                          | CUSIP: 92556HAC1<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    200000 | PA      | $151068.00    | 0.00%             | 2050-05-19      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 94974BGK0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    330000 | PA      | $254175.90    | 0.00%             | 2045-05-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                                     | CUSIP: 882508CB8<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201984.00    | 0.00%             | 2033-03-14      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                                                 | LPL Holdings Inc                                                                          | CUSIP: 50212YAK0<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101646.00    | 0.00%             | 2034-05-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119CH0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195036.00    | 0.00%             | 2027-03-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Xcel Energy Inc                                                                  | Xcel Energy Inc                                                                           | CUSIP: 98389BAU4<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147304.50    | 0.00%             | 2026-12-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | Fiserv Inc                                                                                | CUSIP: 337738AU2<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    575000 | PA      | $548573.00    | 0.01%             | 2029-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Eaton Corp                                                                       | Eaton Corp                                                                                | CUSIP: 278062AF1<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77609.00     | 0.00%             | 2047-09-15      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YDY8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    480000 | PA      | $399312.00    | 0.01%             | 2045-01-27      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                                                         | Cheniere Energy Partners LP                                                               | CUSIP: 16411QAQ4<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    300000 | PA      | $307032.00    | 0.01%             | 2033-06-30      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XLWG9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1354482 | PA      | $1122268.56   | 0.02%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                              | CUSIP: 251526CT4<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $209860.00    | 0.00%             | 2034-02-10      | Fixed         | 7.08%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                                      | CUSIP: 94106LBZ1<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97960.00     | 0.00%             | 2029-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| EATON CORP                                                                       | Eaton Corp                                                                                | CUSIP: 278062AK0<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100443.00    | 0.00%             | 2028-05-18      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                               | CUSIP: 68389XCV5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    225000 | PA      | $198249.75    | 0.00%             | 2064-09-27      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                                 | Altria Group Inc                                                                          | CUSIP: 02209SBP7<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    200000 | PA      | $137348.00    | 0.00%             | 2061-02-04      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE OP CO                                                             | Public Storage Operating Co                                                               | CUSIP: 74460WAH0<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              |  | US        |    175000 | PA      | $163852.50    | 0.00%             | 2053-08-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138A2HW2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     24777 | PA      | $24482.68     | 0.00%             | 2040-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC                                                             | Freeport-McMoRan Inc                                                                      | CUSIP: 35671DCD5<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100957.00    | 0.00%             | 2029-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M8RW6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     43376 | PA      | $41754.18     | 0.00%             | 2041-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Johnson Controls International plc                                               | Johnson Controls International plc                                                        | CUSIP: 478375AL2<br>LEI: 549300XQ6S1GYKGBL205 | Long             | DBT              | CORP              | IE        |     95000 | PA      | $79427.60     | 0.00%             | 2044-07-02      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6AX8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    601896 | PA      | $529993.63    | 0.01%             | 2036-10-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6AY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1033791 | PA      | $935710.41    | 0.02%             | 2036-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | County of Miami-Dade Aviation Revenue                                                     | CUSIP: 59333P3W6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $66176.55     | 0.00%             | 2041-10-01      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                               | CUSIP: 59156RAV0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     75000 | PA      | $98064.00     | 0.00%             | 2039-08-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| DARDEN RESTAURANTS INC                                                           | Darden Restaurants Inc                                                                    | CUSIP: 237194AP0<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74724.00     | 0.00%             | 2027-10-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| CHUBB CORP                                                                       | Chubb Corp/The                                                                            | CUSIP: 171232AS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $110484.00    | 0.00%             | 2038-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46625HHV5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    230000 | PA      | $228624.60    | 0.00%             | 2040-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                              | CUSIP: 29250NBF1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $162904.00    | 0.00%             | 2033-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132WJEA5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1055179 | PA      | $957569.39    | 0.02%             | 2046-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                                         | EQT Corp                                                                                  | CUSIP: 26884LAG4<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     50000 | PA      | $53588.50     | 0.00%             | 2030-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC                                                                    | AEP Texas Inc                                                                             | CUSIP: 00108WAT7<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100412.00    | 0.00%             | 2034-05-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                                                               | Steel Dynamics Inc                                                                        | CUSIP: 858119BK5<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94075.00     | 0.00%             | 2030-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216CV0<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    450000 | PA      | $396135.00    | 0.01%             | 2030-06-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WZA9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1842050 | PA      | $1606311.87   | 0.03%             | 2052-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NDU2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   1076000 | PA      | $614987.80    | 0.01%             | 2056-11-01      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                                     | CUSIP: 05531GAB7<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97062.00     | 0.00%             | 2029-03-19      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| McLaren Health Care Corp                                                         | McLaren Health Care Corp                                                                  | CUSIP: 581760AV7<br>LEI: 549300OY1YHQK68ZQX37 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80952.00     | 0.00%             | 2048-05-15      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                                              | PayPal Holdings Inc                                                                       | CUSIP: 70450YAM5<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |    200000 | PA      | $178034.00    | 0.00%             | 2052-06-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                               | Energy Transfer LP                                                                        | CUSIP: 292480AM2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97517.00     | 0.00%             | 2029-09-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36180ACA9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1245519 | PA      | $1238141.24   | 0.02%             | 2054-10-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138XBXW9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     65196 | PA      | $61957.57     | 0.00%             | 2043-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752AU7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    175000 | PA      | $139532.75    | 0.00%             | 2052-05-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WGVX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    485714 | PA      | $425365.63    | 0.01%             | 2046-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                                                            | Alibaba Group Holding Ltd                                                                 | CUSIP: 01609WAY8<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    250000 | PA      | $171800.00    | 0.00%             | 2041-02-09      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Puget Sound Energy Inc                                                           | Puget Sound Energy Inc                                                                    | CUSIP: 745332CG9<br>LEI: 8MNFJR7KOMBQ7X62LK44 | Long             | DBT              | CORP              | US        |     75000 | PA      | $60687.75     | 0.00%             | 2045-05-20      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| National Health Investors Inc                                                    | National Health Investors Inc                                                             | CUSIP: 63633DAF1<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | DBT              |  | US        |    100000 | PA      | $87327.00     | 0.00%             | 2031-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORP                                                            | Northrop Grumman Corp                                                                     | CUSIP: 666807CH3<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246152.50    | 0.00%             | 2033-03-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 172967NU1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    475000 | PA      | $467024.75    | 0.01%             | 2033-05-24      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132L6NM9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    316189 | PA      | $299470.74    | 0.01%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2020-C55                                            | CUSIP: 95002EBB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1950000 | PA      | $1783735.71   | 0.03%             | 2053-02-15      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| Telefonica Emisiones SAU                                                         | Telefonica Emisiones SA                                                                   | CUSIP: 87938WAT0<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |    300000 | PA      | $297948.00    | 0.01%             | 2027-03-08      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YHU1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    892406 | PA      | $913152.62    | 0.02%             | 2053-10-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752BE2<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    250000 | PA      | $235520.00    | 0.00%             | 2055-02-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GC93<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    500000 | PA      | $507700.00    | 0.01%             | 2031-04-23      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| ATMOS ENERGY CORP                                                                | Atmos Energy Corp                                                                         | CUSIP: 049560AS4<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |    100000 | PA      | $68203.00     | 0.00%             | 2049-09-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| California State University                                                      | California State University                                                               | CUSIP: 13077DKU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $128416.80    | 0.00%             | 2051-11-01      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| EVERGY METRO                                                                     | Evergy Metro Inc                                                                          | CUSIP: 30037DAD7<br>LEI: 1128SIJQ26096WL7IO82 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75375.00     | 0.00%             | 2034-04-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                               | CUSIP: 438516CY0<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201716.00    | 0.00%             | 2030-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | Moody's Corp                                                                              | CUSIP: 615369AE5<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92932.00     | 0.00%             | 2044-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Principal Financial Group Inc                                                    | Principal Financial Group Inc                                                             | CUSIP: 74251VAR3<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145122.00    | 0.00%             | 2029-05-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY SOUTH                                                            | Dominion Energy South Carolina Inc                                                        | CUSIP: 25731VAA2<br>LEI: 3QRVFYR22IUIEOORTK28 | Long             | DBT              | CORP              | US        |     75000 | PA      | $64763.25     | 0.00%             | 2031-12-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833EC0<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    450000 | PA      | $417595.50    | 0.01%             | 2028-02-08      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| ERP OPERATING LP                                                                 | ERP Operating LP                                                                          | CUSIP: 26884ABL6<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |    100000 | PA      | $94488.00     | 0.00%             | 2029-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                             | CUSIP: 097023DC6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    250000 | PA      | $233315.00    | 0.00%             | 2031-02-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KGGK8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    160284 | PA      | $148991.79    | 0.00%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J7L94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    102341 | PA      | $98750.69     | 0.00%             | 2047-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                                | CUSIP: 717081EA7<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    350000 | PA      | $344536.50    | 0.01%             | 2026-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TRANE TECH FIN LTD                                                               | Trane Technologies Financing Ltd                                                          | CUSIP: 892938AA9<br>LEI: 549300A5OEF3CJI2CO89 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $204296.00    | 0.00%             | 2033-03-03      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                                     | CUSIP: 89788MAS1<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    450000 | PA      | $457560.00    | 0.01%             | 2035-01-24      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FH34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    531501 | PA      | $555124.18    | 0.01%             | 2055-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                                                             | Kraft Heinz Foods Co                                                                      | CUSIP: 50076QAN6<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    125000 | PA      | $131196.25    | 0.00%             | 2040-02-09      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ACT0<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    500000 | PA      | $327275.00    | 0.01%             | 2052-10-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SUT2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     63986 | PA      | $54548.46     | 0.00%             | 2047-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CZV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     40984 | PA      | $35569.29     | 0.00%             | 2048-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| STORE CAPITAL LLC                                                                | Store Capital LLC                                                                         | CUSIP: 862123AA4<br>LEI: 254900Z9PIEFQ6AYXK50 | Long             | DBT              |  | US        |     75000 | PA      | $74727.75     | 0.00%             | 2030-04-30      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FBT7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    250000 | PA      | $238150.00    | 0.00%             | 2032-04-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Republic of Panama                                                               | Panama Government International Bond                                                      | CUSIP: 698299AK0<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    300000 | PA      | $335334.00    | 0.01%             | 2029-04-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                               | CUSIP: 13645RBF0<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $260007.00    | 0.00%             | 2031-12-02      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| SHARP HEALTHCARE                                                                 | Sharp HealthCare                                                                          | CUSIP: 819892AL4<br>LEI: 549300DEPBQ9WUW1K512 | Long             | DBT              | CORP              | US        |     50000 | PA      | $29601.00     | 0.00%             | 2050-08-01      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36176WYH8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    202733 | PA      | $191713.21    | 0.00%             | 2041-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QEN32<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2561578 | PA      | $2135896.87   | 0.04%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 6174468U6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    500000 | PA      | $421390.00    | 0.01%             | 2032-02-13      | Fixed         | 1.79%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 89114TZD7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $242040.00    | 0.00%             | 2026-06-03      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| LINCOLN NATIONAL CORP                                                            | Lincoln National Corp                                                                     | CUSIP: 534187BQ1<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |     75000 | PA      | $66487.50     | 0.00%             | 2032-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TXW0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     63645 | PA      | $61395.36     | 0.00%             | 2048-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 75513ECK5<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    150000 | PA      | $122194.50    | 0.00%             | 2047-04-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL HEALTH SVCS                                                            | Universal Health Services Inc                                                             | CUSIP: 913903AZ3<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144178.50    | 0.00%             | 2026-09-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Southwestern Electric Power Co                                                   | Southwestern Electric Power Co                                                            | CUSIP: 845437BR2<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147676.50    | 0.00%             | 2028-09-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PEV4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    500000 | PA      | $508020.00    | 0.01%             | 2031-01-24      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| EASTMAN CHEMICAL CO                                                              | Eastman Chemical Co                                                                       | CUSIP: 277432AZ3<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100523.00    | 0.00%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                               | CUSIP: 438516CX2<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201106.00    | 0.00%             | 2027-07-30      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                 | CUSIP: 00774MAR6<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    150000 | PA      | $149623.50    | 0.00%             | 2027-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Oncor Electric Delivery Co LLC                                                   | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JBU7<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137707.50    | 0.00%             | 2030-05-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CARDINAL HEALTH INC                                                              | Cardinal Health Inc                                                                       | CUSIP: 14149YBS6<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149793.00    | 0.00%             | 2034-11-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DC67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    206512 | PA      | $185400.99    | 0.00%             | 2049-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NBCUniversal Media LLC                                                           | NBCUniversal Media LLC                                                                    | CUSIP: 63946BAJ9<br>LEI: VTBDOQJ6KOGQ6K786R46 | Long             | DBT              | CORP              | US        |    130000 | PA      | $109177.90    | 0.00%             | 2043-01-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| WISCONSIN POWER & LIGHT                                                          | Wisconsin Power and Light Co                                                              | CUSIP: 976826BQ9<br>LEI: JWBYHVQVMY66CVCOSO49 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93119.00     | 0.00%             | 2032-09-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DN5K5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2062223 | PA      | $1700640.10   | 0.03%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                                      | CUSIP: 94106LBT5<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151144.50    | 0.00%             | 2030-02-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PAK2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    250000 | PA      | $196810.00    | 0.00%             | 2048-07-24      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| DOC DR LLC                                                                       | DOC DR LLC                                                                                | CUSIP: 71951QAA0<br>LEI: 549300P6Q1UMT0X60U20 | Long             | DBT              |  | US        |    100000 | PA      | $99481.00     | 0.00%             | 2027-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                                  | CUSIP: 718286CQ8<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    200000 | PA      | $196022.00    | 0.00%             | 2027-03-29      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                               | CUSIP: 931142DW0<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     50000 | PA      | $37944.00     | 0.00%             | 2047-12-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687FS0<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    300000 | PA      | $260922.00    | 0.00%             | 2050-03-23      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Owens Corning                                                                    | Owens Corning                                                                             | CUSIP: 690742AH4<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79566.00     | 0.00%             | 2048-01-30      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| BLACK HILLS CORP                                                                 | Black Hills Corp                                                                          | CUSIP: 092113AS8<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71013.00     | 0.00%             | 2049-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CARDINAL HEALTH INC                                                              | Cardinal Health Inc                                                                       | CUSIP: 14149YBQ0<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150361.50    | 0.00%             | 2026-11-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PEH1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146640.00    | 0.00%             | 2029-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119DA4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151995.00    | 0.00%             | 2032-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417EFN6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     43097 | PA      | $41928.19     | 0.00%             | 2027-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Hess Corp                                                                        | Hess Corp                                                                                 | CUSIP: 42809HAG2<br>LEI: UASVRYNXNK17ULIGK870 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249122.50    | 0.00%             | 2027-04-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CJN2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $10155859.40  | 0.19%             | 2028-11-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Biogen Inc                                                                       | Biogen Inc                                                                                | CUSIP: 09062XAD5<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |    200000 | PA      | $175842.00    | 0.00%             | 2045-09-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | Sutter Health                                                                             | CUSIP: 86944BAH6<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |    100000 | PA      | $75955.00     | 0.00%             | 2040-08-15      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| Interpublic Group of Cos Inc/The                                                 | Interpublic Group of Cos Inc/The                                                          | CUSIP: 460690BR0<br>LEI: 5493008IUOJ5VWTRC333 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100420.00    | 0.00%             | 2030-03-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31403C5R8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     49733 | PA      | $51539.64     | 0.00%             | 2036-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Chevron Corp                                                                     | Chevron Corp                                                                              | CUSIP: 166764BL3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $395236.00    | 0.01%             | 2026-05-16      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91086QBF4<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    450000 | PA      | $326493.00    | 0.01%             | 2046-01-23      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810TZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7650000 | PA      | $7258535.19   | 0.14%             | 2044-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MCCORMICK & CO                                                                   | McCormick & Co Inc/MD                                                                     | CUSIP: 579780AU1<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71263.50     | 0.00%             | 2034-10-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MCW8<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $208370.00    | 0.00%             | 2030-01-13      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U2J1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    550000 | PA      | $497249.50    | 0.01%             | 2031-02-11      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| AFRICAN DEVELOPMENT BANK                                                         | African Development Bank                                                                  | CUSIP: 00828EEF2<br>LEI: 549300LNCLMO3ITVCU07 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $482220.00    | 0.01%             | 2026-07-22      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                                   | CUSIP: 808513CE3<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    225000 | PA      | $234621.00    | 0.00%             | 2034-05-19      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CFH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    313690 | PA      | $295575.46    | 0.01%             | 2032-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | Boeing Co/The                                                                             | CUSIP: 097023DR3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    250000 | PA      | $266900.00    | 0.01%             | 2031-05-01      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XLNS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3433058 | PA      | $2832989.13   | 0.05%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 31346Y2X0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    888136 | PA      | $734837.26    | 0.01%             | 2049-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175CP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $157597.50    | 0.00%             | 2034-02-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128P7SB0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     32034 | PA      | $31708.13     | 0.00%             | 2031-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138A14W8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     36835 | PA      | $36469.45     | 0.00%             | 2030-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179V7E4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1742579 | PA      | $1463634.65   | 0.03%             | 2051-02-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UZU9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     65563 | PA      | $60962.15     | 0.00%             | 2049-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Verisk Analytics Inc                                                             | Verisk Analytics Inc                                                                      | CUSIP: 92345YAF3<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147781.50    | 0.00%             | 2029-03-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CABOT CORP                                                                       | Cabot Corp                                                                                | CUSIP: 127055AL5<br>LEI: K05C0SER542GQ6VLRO68 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145159.50    | 0.00%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140JKEF9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    463071 | PA      | $431727.53    | 0.01%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YPH1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    537866 | PA      | $546340.64    | 0.01%             | 2054-01-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162DD9<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142290.00    | 0.00%             | 2029-02-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                                                         | Benchmark 2019-B9 Mortgage Trust                                                          | CUSIP: 08160JAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $580779.13    | 0.01%             | 2052-03-15      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FA72<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    245735 | PA      | $247960.70    | 0.00%             | 2044-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YFD2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    500000 | PA      | $507330.00    | 0.01%             | 2029-04-20      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 89114TZQ8<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $86233.00     | 0.00%             | 2032-01-12      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJWV8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     54653 | PA      | $49862.65     | 0.00%             | 2045-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                                                              | Carrier Global Corp                                                                       | CUSIP: 14448CAR5<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |    300000 | PA      | $233058.00    | 0.00%             | 2040-04-05      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ABB Finance USA Inc                                                              | ABB Finance USA Inc                                                                       | CUSIP: 00037BAC6<br>LEI: 5493002Y01YAFV45F528 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85688.00     | 0.00%             | 2042-05-08      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78017DAC2<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $304641.00    | 0.01%             | 2031-02-04      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                              | CUSIP: 883556CU4<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151284.00    | 0.00%             | 2032-11-21      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                                   | CUSIP: 06418GAL1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $199296.00    | 0.00%             | 2028-09-08      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                         | Constellation Brands Inc                                                                  | CUSIP: 21036PBS6<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99964.00     | 0.00%             | 2030-05-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132L65V9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     49689 | PA      | $46783.08     | 0.00%             | 2045-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                               | CUSIP: 68389XCT0<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    300000 | PA      | $286332.00    | 0.01%             | 2034-09-27      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140EUJE0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     88277 | PA      | $85645.88     | 0.00%             | 2031-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Transportation Fund Revenue                        | Commonwealth of Massachusetts Transportation Fund Revenue                                 | CUSIP: 57604TAD8<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100985.00    | 0.00%             | 2040-06-01      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| OGLETHORPE POWER CORP                                                            | Oglethorpe Power Corp                                                                     | CUSIP: 677050AS5<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79636.00     | 0.00%             | 2047-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ASMH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2525 | PA      | $2494.17      | 0.00%             | 2026-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CGF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    122115 | PA      | $114147.11    | 0.00%             | 2037-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VTW0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3257061 | PA      | $2736915.60   | 0.05%             | 2050-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200JZ5<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    550000 | PA      | $544021.50    | 0.01%             | 2026-05-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| WASTE CONNECTIONS INC                                                            | Waste Connections Inc                                                                     | CUSIP: 94106BAA9<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $137985.00    | 0.00%             | 2030-02-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Dow Chemical Co/The                                                              | Dow Chemical Co/The                                                                       | CUSIP: 260543CE1<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    175000 | PA      | $155611.75    | 0.00%             | 2041-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                                       | CUSIP: 257469AJ5<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     80000 | PA      | $79185.60     | 0.00%             | 2033-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DTK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    372728 | PA      | $330347.98    | 0.01%             | 2040-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                                   | CUSIP: 808513CG8<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152427.00    | 0.00%             | 2026-08-24      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                                                | Travelers Cos Inc/The                                                                     | CUSIP: 89417EAJ8<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |    200000 | PA      | $172848.00    | 0.00%             | 2043-08-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                                                 | Ventas Realty LP                                                                          | CUSIP: 92277GAL1<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |    150000 | PA      | $148090.50    | 0.00%             | 2027-04-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Nevada Power Co                                                                  | Nevada Power Co                                                                           | CUSIP: 641423BU1<br>LEI: MJZFGXRJ52U8U4MKJ519 | Long             | DBT              | CORP              | US        |    100000 | PA      | $110308.00    | 0.00%             | 2037-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                                    | CUSIP: 045167FL2<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    300000 | PA      | $278184.00    | 0.01%             | 2029-03-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PDS8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $186712.00    | 0.00%             | 2029-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Grupo Televisa SAB                                                               | Grupo Televisa SAB                                                                        | CUSIP: 40049JAZ0<br>LEI: 549300O4AF0C816ILN62 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $177166.00    | 0.00%             | 2040-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GVS0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    300000 | PA      | $259980.00    | 0.00%             | 2045-10-21      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| RPM INTERNATIONAL INC                                                            | RPM International Inc                                                                     | CUSIP: 749685AY9<br>LEI: 549300TJCKW4BRXPJ474 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65350.50     | 0.00%             | 2032-01-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Rutgers The State University of New Jersey                                       | Rutgers The State University of New Jersey                                                | CUSIP: 783186TP4<br>LEI: 549300BOYDHNW8J60112 | Long             | DBT              | MUN               | US        |    100000 | PA      | $64738.60     | 0.00%             | 2119-05-01      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES                                                           | PPL Electric Utilities Corp                                                               | CUSIP: 69351UAR4<br>LEI: 549300GCZLSGYEYPIR35 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44466.50     | 0.00%             | 2043-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                                   | CUSIP: 828807DT1<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    100000 | PA      | $86886.00     | 0.00%             | 2032-02-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280EG0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $256637.50    | 0.00%             | 2032-05-17      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                                        | CUSIP: 756109BA1<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    100000 | PA      | $79088.00     | 0.00%             | 2033-03-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                                                             | Boston Properties LP                                                                      | CUSIP: 10112RBB9<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |    200000 | PA      | $187752.00    | 0.00%             | 2029-06-21      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| TRANSCONT GAS PIPE LINE                                                          | Transcontinental Gas Pipe Line Co LLC                                                     | CUSIP: 893574AR4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $73904.00     | 0.00%             | 2050-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RJX1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    300000 | PA      | $287973.00    | 0.01%             | 2027-06-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds                                             | Chile Government International Bonds                                                      | CUSIP: 168863EE4<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    300000 | PA      | $305004.00    | 0.01%             | 2037-01-13      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111GC1<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     75000 | PA      | $48188.25     | 0.00%             | 2051-12-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Republic of Italy Government International Bond                                  | Republic of Italy Government International Bond                                           | CUSIP: 465410BG2<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    250000 | PA      | $257050.00    | 0.00%             | 2033-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                                                           | Brixmor Operating Partnership LP                                                          | CUSIP: 11120VAN3<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |     75000 | PA      | $74619.00     | 0.00%             | 2032-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406RCB1<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252855.00    | 0.00%             | 2031-02-11      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| CGI INC                                                                          | CGI Inc                                                                                   | CUSIP: 12532HAK0<br>LEI: 549300WSRCZY73ZG3090 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $125101.25    | 0.00%             | 2030-03-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CR97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    166461 | PA      | $155496.58    | 0.00%             | 2047-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335BGB6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    405913 | PA      | $376356.91    | 0.01%             | 2044-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV4Y8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    198779 | PA      | $184774.01    | 0.00%             | 2050-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL HEALTH SVCS                                                            | Universal Health Services Inc                                                             | CUSIP: 913903BB5<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98027.00     | 0.00%             | 2029-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TOLEDO EDISON COMPANY                                                            | Toledo Edison Co/The                                                                      | CUSIP: 889175BD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $106604.00    | 0.00%             | 2037-05-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UV74<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    104052 | PA      | $91411.88     | 0.00%             | 2049-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOF                                                         | Take-Two Interactive Software Inc                                                         | CUSIP: 874054AH2<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46705.00     | 0.00%             | 2032-04-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CI FINANCIAL CORP                                                                | CI Financial Corp                                                                         | CUSIP: 125491AP5<br>LEI: 549300M9W7JJQSVCEM78 | Long             | DBT              | CORP              | CA        |     75000 | PA      | $52011.00     | 0.00%             | 2051-06-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VSH4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1533547 | PA      | $1341784.98   | 0.03%             | 2050-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                                   | CUSIP: 455780CX2<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $123300.00    | 0.00%             | 2071-03-12      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                                                                      | MetLife Inc                                                                               | CUSIP: 59156RCE6<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154515.00    | 0.00%             | 2033-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                                                  | Israel Government International Bond                                                      | CUSIP: 46514Y8B6<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    500000 | PA      | $494995.00    | 0.01%             | 2035-02-19      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                         | CUSIP: 49456BAT8<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    150000 | PA      | $99774.00     | 0.00%             | 2051-02-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WBW7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    211950 | PA      | $163106.31    | 0.00%             | 2051-03-20      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS CO                                                               | Ameren Illinois Co                                                                        | CUSIP: 02361DAQ3<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |    150000 | PA      | $120438.00    | 0.00%             | 2046-03-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                                      | CUSIP: 94106LBR9<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |     75000 | PA      | $54234.75     | 0.00%             | 2041-06-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312935HY8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     41168 | PA      | $39602.46     | 0.00%             | 2039-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AFRICAN DEVELOPMENT BANK                                                         | African Development Bank                                                                  | CUSIP: 00828EEP0<br>LEI: 549300LNCLMO3ITVCU07 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $505155.00    | 0.01%             | 2027-11-03      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Interpublic Group of Cos Inc/The                                                 | Interpublic Group of Cos Inc/The                                                          | CUSIP: 460690BP4<br>LEI: 5493008IUOJ5VWTRC333 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100137.00    | 0.00%             | 2028-10-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Northwestern University                                                          | Northwestern University                                                                   | CUSIP: 668444AQ5<br>LEI: OBWWNZE695DUK77DTI34 | Long             | DBT              | CORP              | US        |     75000 | PA      | $52859.25     | 0.00%             | 2057-12-01      | Fixed         | 3.66%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                           | Extra Space Storage LP                                                                    | CUSIP: 30225VAF4<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |    100000 | PA      | $86734.00     | 0.00%             | 2031-06-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJXA3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    118915 | PA      | $111972.30    | 0.00%             | 2045-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Finance Corp                                                  | Berkshire Hathaway Finance Corp                                                           | CUSIP: 084664CU3<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90274.00     | 0.00%             | 2030-03-12      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                               | CUSIP: 59156RBN7<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    175000 | PA      | $140343.00    | 0.00%             | 2045-03-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475BK0<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    250000 | PA      | $254525.00    | 0.00%             | 2028-12-02      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                                                         | Northern States Power Co/MN                                                               | CUSIP: 665772CE7<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99332.00     | 0.00%             | 2039-11-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Southern Power Co                                                                | Southern Power Co                                                                         | CUSIP: 843646AU4<br>LEI: 5LADC78JBG2BMZD5XF57 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84834.00     | 0.00%             | 2046-12-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INSTITUTE OF                                                          | California Institute of Technology                                                        | CUSIP: 13034VAD6<br>LEI: 549300CITPNHOTVPHC04 | Long             | DBT              | CORP              | US        |    150000 | PA      | $92197.50     | 0.00%             | 2119-09-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967LP4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    400000 | PA      | $391232.00    | 0.01%             | 2028-07-24      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132ACQ37<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    119746 | PA      | $115253.93    | 0.00%             | 2048-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PEP7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    350000 | PA      | $349359.50    | 0.01%             | 2028-10-22      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| APTIV SWISS HOLDINGS LTD                                                         | Aptiv Swiss Holdings Ltd                                                                  | CUSIP: 03837AAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |    200000 | PA      | $172876.00    | 0.00%             | 2054-09-13      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738ECP8<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $203082.00    | 0.00%             | 2028-03-12      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                                        | CUSIP: 05964HBG9<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    400000 | PA      | $410380.00    | 0.01%             | 2031-07-15      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308KP1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    150000 | PA      | $159525.00    | 0.00%             | 2034-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ARG99<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    163087 | PA      | $160518.75    | 0.00%             | 2041-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MARKEL GROUP INC                                                                 | Markel Group Inc                                                                          | CUSIP: 570535AV6<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74447.00     | 0.00%             | 2050-09-17      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 3618N5C64<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1738194 | PA      | $1727898.46   | 0.03%             | 2054-12-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                                                     | AutoZone Inc                                                                              | CUSIP: 053332AZ5<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145537.50    | 0.00%             | 2030-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS CORP                                                             | JetBlue 2020-1 Class A Pass Through Trust                                                 | CUSIP: 477164AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70553 | PA      | $64777.16     | 0.00%             | 2032-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78017DAH1<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    175000 | PA      | $176480.50    | 0.00%             | 2031-05-02      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                       | Intel Corp                                                                                | CUSIP: 458140AY6<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    175000 | PA      | $126423.50    | 0.00%             | 2047-05-11      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VFL3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    250000 | PA      | $213382.50    | 0.00%             | 2030-09-18      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CORP ANDINA DE FOMENTO                                                           | Corp Andina de Fomento                                                                    | CUSIP: 219868CL8<br>LEI: UKZ46SXGNYCZK0UOZE76 | Long             | DBT              | NUSS              | XX        |    400000 | PA      | $409752.00    | 0.01%             | 2030-01-22      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                                                      | Nutrien Ltd                                                                               | CUSIP: 67077MAU2<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $86855.00     | 0.00%             | 2049-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967LJ8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    150000 | PA      | $120250.50    | 0.00%             | 2048-04-24      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF SASKATCHEWAN                                                         | Province of Saskatchewan Canada                                                           | CUSIP: 803854KQ0<br>LEI: 549300FKDIB7OJMBSP83 | Long             | DBT              | NUSS              | CA        |    200000 | PA      | $196502.00    | 0.00%             | 2027-06-08      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PBN1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73583.25     | 0.00%             | 2040-10-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| CARLISLE COS INC                                                                 | Carlisle Cos Inc                                                                          | CUSIP: 142339AL4<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83602.00     | 0.00%             | 2032-03-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE OKLAHOMA                                                          | Public Service Co of Oklahoma                                                             | CUSIP: 000000000<br>LEI: F3TJNSIZRGXRH8GEIK79 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146667.00    | 0.00%             | 2035-01-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                                 | CUSIP: 775109CJ8<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $125242.50    | 0.00%             | 2042-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CGI INC                                                                          | CGI Inc                                                                                   | CUSIP: 12532HAF1<br>LEI: 549300WSRCZY73ZG3090 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $85629.00     | 0.00%             | 2031-09-14      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822BX1<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $172174.00    | 0.00%             | 2032-07-20      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650EB2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204048.00    | 0.00%             | 2029-06-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DNWK5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1660913 | PA      | $1576034.44   | 0.03%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ONEOK Partners LP                                                                | ONEOK Partners LP                                                                         | CUSIP: 68268NAM5<br>LEI: T4DHW82NMF6BXJT50795 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71683.50     | 0.00%             | 2043-09-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Enel Chile SA                                                                    | Enel Chile SA                                                                             | CUSIP: 29278DAA3<br>LEI: 549300YM5CWCAUVOPB53 | Long             | DBT              | CORP              | CL        |    100000 | PA      | $99654.00     | 0.00%             | 2028-06-12      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                                    | CUSIP: 62954HAL2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    100000 | PA      | $68995.00     | 0.00%             | 2042-02-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PBX3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    550000 | PA      | $471174.00    | 0.01%             | 2032-02-04      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DPE6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    959162 | PA      | $824520.73    | 0.02%             | 2050-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400HZ9<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    200000 | PA      | $191836.00    | 0.00%             | 2034-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QGPL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1049263 | PA      | $867023.09    | 0.02%             | 2051-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                                        | CUSIP: 05964HBA2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $202566.00    | 0.00%             | 2028-03-14      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CKR1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10500000 | PA      | $10614228.56  | 0.20%             | 2027-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280EC9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $439952.00    | 0.01%             | 2034-11-13      | Fixed         | 7.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138M3RR7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    195949 | PA      | $181448.12    | 0.00%             | 2042-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TJX COS INC                                                                      | TJX Cos Inc/The                                                                           | CUSIP: 872540AQ2<br>LEI: V167QI9I69W364E2DY52 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195186.00    | 0.00%             | 2026-09-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081GR2<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100029.00    | 0.00%             | 2026-05-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                                 | CUSIP: 037833CH1<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    195000 | PA      | $164344.05    | 0.00%             | 2047-02-09      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QLMZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1028643 | PA      | $843920.53    | 0.02%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| APA CORP                                                                         | APA Corp                                                                                  | CUSIP: 03743QAQ1<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47177.00     | 0.00%             | 2035-02-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| International Bank for Reconstruction & Development                              | International Bank for Reconstruction & Development                                       | CUSIP: 459058HJ5<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    450000 | PA      | $409968.00    | 0.01%             | 2029-10-23      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELEC POWER                                                          | Southwestern Electric Power Co                                                            | CUSIP: 845437BT8<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |     75000 | PA      | $46510.50     | 0.00%             | 2051-11-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Inter-American Development Bank                                                  | Inter-American Development Bank                                                           | CUSIP: 4581X0DG0<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    700000 | PA      | $655116.00    | 0.01%             | 2029-06-18      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CMS ENERGY CORP                                                                  | CMS Energy Corp                                                                           | CUSIP: 125896BU3<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94655.00     | 0.00%             | 2050-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138W93S7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    417520 | PA      | $396723.68    | 0.01%             | 2043-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687ET9<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49006.50     | 0.00%             | 2043-10-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| KEYSIGHT TECHNOLOGIES                                                            | Keysight Technologies Inc                                                                 | CUSIP: 49338LAF0<br>LEI: 549300GLKVIO8YRCYN02 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93040.00     | 0.00%             | 2029-10-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                          | CUSIP: 06368DH72<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $170640.00    | 0.00%             | 2037-01-10      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CZ49<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    171976 | PA      | $166984.77    | 0.00%             | 2033-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                         | CUSIP: 20826FBM7<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    265000 | PA      | $244602.95    | 0.00%             | 2055-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev Worldwide Inc                                               | Anheuser-Busch InBev Worldwide Inc                                                        | CUSIP: 03523TBW7<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    350000 | PA      | $349744.50    | 0.01%             | 2059-01-23      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CBB6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10400000 | PA      | $9578156.22   | 0.18%             | 2027-12-31      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp                                                    | Sales Tax Securitization Corp.                                                            | CUSIP: 79467BDX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $77981.90     | 0.00%             | 2042-01-01      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LBF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $64593.00     | 0.00%             | 2051-02-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                                            | Entergy Louisiana LLC                                                                     | CUSIP: 29364WBJ6<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71540.00     | 0.00%             | 2041-06-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                                      | CUSIP: 49271VAW0<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151464.00    | 0.00%             | 2027-03-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| MARATHON PETROLEUM CORP                                                          | Marathon Petroleum Corp                                                                   | CUSIP: 56585ABK7<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202126.00    | 0.00%             | 2030-03-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VFV1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    350000 | PA      | $200868.50    | 0.00%             | 2060-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833EK2<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    350000 | PA      | $213241.00    | 0.00%             | 2051-08-05      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp                                | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 637432NV3<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    150000 | PA      | $136266.00    | 0.00%             | 2030-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| CNH INDUSTRIAL CAP LLC                                                           | CNH Industrial Capital LLC                                                                | CUSIP: 12592BAM6<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96453.00     | 0.00%             | 2026-07-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| NEWMONT / NEWCREST FIN                                                           | Newmont Corp / Newcrest Finance Pty Ltd                                                   | CUSIP: 65163LAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $94581.00     | 0.00%             | 2030-05-13      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                                        | CUSIP: 29273VAZ3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203410.00    | 0.00%             | 2029-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QQFN0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2390233 | PA      | $2289501.08   | 0.04%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CBJ2<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200286.00    | 0.00%             | 2033-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XCJ8<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |    200000 | PA      | $197222.00    | 0.00%             | 2034-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CJG7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6400000 | PA      | $6664000.00   | 0.13%             | 2030-10-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                       | Intel Corp                                                                                | CUSIP: 458140AU4<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    175000 | PA      | $171711.75    | 0.00%             | 2026-05-19      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TLR4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     84169 | PA      | $74242.04     | 0.00%             | 2047-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HALEON US CAPITAL LLC                                                            | Haleon US Capital LLC                                                                     | CUSIP: 36264FAM3<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |    400000 | PA      | $370832.00    | 0.01%             | 2032-03-24      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 172967NE7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    300000 | PA      | $258312.00    | 0.00%             | 2032-11-03      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128PX2A3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     23108 | PA      | $22816.46     | 0.00%             | 2027-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Southwest Gas Corp                                                               | Southwest Gas Corp                                                                        | CUSIP: 845011AB1<br>LEI: OQQR1IQTGBKH0UR88X59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74910.00     | 0.00%             | 2049-06-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 94974BFP0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    300000 | PA      | $277053.00    | 0.01%             | 2043-11-02      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                                   | CUSIP: 55336VAN0<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    300000 | PA      | $236493.00    | 0.00%             | 2048-04-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738ECV5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $389088.00    | 0.01%             | 2035-09-10      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| KLA CORP                                                                         | KLA Corp                                                                                  | CUSIP: 482480AN0<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |    150000 | PA      | $136099.50    | 0.00%             | 2062-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                                         | Cooperatieve Rabobank UA                                                                  | CUSIP: 21684AAB2<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $246577.50    | 0.00%             | 2043-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ORIX CORP                                                                        | ORIX Corp                                                                                 | CUSIP: 686330AS0<br>LEI: 35380016EMHNBOVYE123 | Long             | DBT              | CORP              | JP        |    150000 | PA      | $149746.50    | 0.00%             | 2029-09-10      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GKL2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    425000 | PA      | $380749.00    | 0.01%             | 2037-03-08      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810TH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7800000 | PA      | $6330796.91   | 0.12%             | 2042-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| COTERRA ENERGY INC                                                               | Coterra Energy Inc                                                                        | CUSIP: 127097AN3<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | DBT              | CORP              | US        |    150000 | PA      | $135291.00    | 0.00%             | 2055-02-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| BERKLEY (WR) CORPORATION                                                         | W R Berkley Corp                                                                          | CUSIP: 084423AV4<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | DBT              | CORP              | US        |    100000 | PA      | $67565.00     | 0.00%             | 2052-03-30      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                                                 | Georgia Power Co                                                                          | CUSIP: 373334LB5<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149481.00    | 0.00%             | 2035-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EXY0<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100567.00    | 0.00%             | 2027-01-08      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XEH5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    300000 | PA      | $306459.00    | 0.01%             | 2028-06-23      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                         | CUSIP: 20826FBJ4<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251345.00    | 0.00%             | 2030-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| AUTONATION INC                                                                   | AutoNation Inc                                                                            | CUSIP: 05329WAS1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $84513.00     | 0.00%             | 2031-08-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RHJ4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    575000 | PA      | $572424.00    | 0.01%             | 2029-03-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                                   | CUSIP: 55336VAS9<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150564.00    | 0.00%             | 2029-02-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78016FZX5<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $300972.00    | 0.01%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOARDWALK PIPELINES LP                                                           | Boardwalk Pipelines LP                                                                    | CUSIP: 096630AH1<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91471.00     | 0.00%             | 2031-02-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                                                         | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                                | CUSIP: 46590XAX4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    300000 | PA      | $304515.00    | 0.01%             | 2052-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DN5V1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1894482 | PA      | $1753707.37   | 0.03%             | 2052-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                                                  | Cigna Group/The                                                                           | CUSIP: 125523CQ1<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    250000 | PA      | $162582.50    | 0.00%             | 2051-03-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT                                                         | Apollo Global Management Inc                                                              | CUSIP: 03769MAD8<br>LEI: 254900LMFT1CY9IYB476 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71910.75     | 0.00%             | 2054-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NCZ2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    300000 | PA      | $201879.00    | 0.00%             | 2050-02-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31402Q2V2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8036 | PA      | $8117.52      | 0.00%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CQB3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    528913 | PA      | $494074.27    | 0.01%             | 2047-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661AK3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     75000 | PA      | $80241.00     | 0.00%             | 2029-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XBN0<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |    150000 | PA      | $144253.50    | 0.00%             | 2027-04-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Northwest Pipeline LLC                                                           | Northwest Pipeline LLC                                                                    | CUSIP: 66775VAB1<br>LEI: 549300FFKMN9OW536A14 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98979.00     | 0.00%             | 2027-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                                | CUSIP: 871829BC0<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148039.50    | 0.00%             | 2026-07-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179U6T4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    110592 | PA      | $93371.88     | 0.00%             | 2049-11-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Globe Life Inc                                                                   | Globe Life Inc                                                                            | CUSIP: 891027AS3<br>LEI: 5493001JFHKQOPP6XA71 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99915.00     | 0.00%             | 2028-09-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312943ME0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     47069 | PA      | $45305.57     | 0.00%             | 2040-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833EN6<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    225000 | PA      | $217368.00    | 0.00%             | 2029-08-08      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                                | Johnson & Johnson                                                                         | CUSIP: 478160CW2<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153472.50    | 0.00%             | 2034-06-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group Inc                                               | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822BM5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $189326.00    | 0.00%             | 2029-07-18      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308KG1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100945.00    | 0.00%             | 2032-06-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335B5H5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    332795 | PA      | $303044.86    | 0.01%             | 2048-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140F9WZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     76233 | PA      | $72844.39     | 0.00%             | 2032-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BOOKING HOLDINGS INC                                                             | Booking Holdings Inc                                                                      | CUSIP: 09857LAR9<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251385.00    | 0.00%             | 2030-04-13      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AEP TRANSMISSION CO LLC                                                          | AEP Transmission Co LLC                                                                   | CUSIP: 00115AAL3<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |     75000 | PA      | $48752.25     | 0.00%             | 2049-09-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138LTKF4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    660200 | PA      | $611324.77    | 0.01%             | 2042-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                                                              | Carrier Global Corp                                                                       | CUSIP: 14448CAP9<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |     56000 | PA      | $54276.88     | 0.00%             | 2027-02-15      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66 CO                                                                   | Phillips 66 Co                                                                            | CUSIP: 718547AY8<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95367.00     | 0.00%             | 2035-03-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GMK2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    500000 | PA      | $505095.00    | 0.01%             | 2029-01-24      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179X5H5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3584611 | PA      | $3579166.86   | 0.07%             | 2053-06-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Time Warner Cable LLC                                                            | Time Warner Cable LLC                                                                     | CUSIP: 88732JAY4<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |    224000 | PA      | $209334.72    | 0.00%             | 2040-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081GV3<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145906.50    | 0.00%             | 2054-06-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 75513ECW9<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    275000 | PA      | $292982.25    | 0.01%             | 2034-03-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| HONDA MOTOR CO LTD                                                               | Honda Motor Co Ltd                                                                        | CUSIP: 438127AC6<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | DBT              | CORP              | JP        |    150000 | PA      | $132604.50    | 0.00%             | 2032-03-10      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| 6297782 LLC                                                                      | South Bow USA Infrastructure Holdings LLC                                                 | CUSIP: 83007CAE2<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193096.00    | 0.00%             | 2034-10-01      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Discovery Communications LLC                                                     | Discovery Communications LLC                                                              | CUSIP: 25470DBF5<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139564.50    | 0.00%             | 2029-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081GK7<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    175000 | PA      | $178892.00    | 0.00%             | 2028-04-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| San Diego County Water Authority                                                 | San Diego County Water Authority                                                          | CUSIP: 79741TAR5<br>LEI: 549300Y0QN5OFKA1G520 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102507.80    | 0.00%             | 2049-05-01      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| LEAR CORP                                                                        | Lear Corp                                                                                 | CUSIP: 521865BB0<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46365.50     | 0.00%             | 2030-05-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                             | CUSIP: 571903BL6<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151365.00    | 0.00%             | 2029-04-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VZR4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3033432 | PA      | $2548296.64   | 0.05%             | 2050-12-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EDC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1017050 | PA      | $831299.97    | 0.02%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TRUSTEES PRINCETON UNIV                                                          | Trustees of Princeton University/The                                                      | CUSIP: 89837LAB1<br>LEI: 549300PJZYINN64GDJ90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $157644.00    | 0.00%             | 2039-03-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                            | CUSIP: 6174467Y9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    400000 | PA      | $398456.00    | 0.01%             | 2026-09-08      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Altria Group Inc                                                                 | Altria Group Inc                                                                          | CUSIP: 02209SAR4<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    295000 | PA      | $272105.05    | 0.01%             | 2044-01-31      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OP                                                              | Invitation Homes Operating Partnership LP                                                 | CUSIP: 46188BAE2<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              |  | US        |    100000 | PA      | $102618.00    | 0.00%             | 2030-08-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Automatic Data Processing Inc                                                    | Automatic Data Processing Inc                                                             | CUSIP: 053015AG8<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | DBT              | CORP              | US        |    200000 | PA      | $187166.00    | 0.00%             | 2028-05-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| MID-AMERICA APARTMENTS                                                           | Mid-America Apartments LP                                                                 | CUSIP: 59523UAW7<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              |  | US        |     75000 | PA      | $76664.25     | 0.00%             | 2032-02-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                           | CUSIP: 842587DT1<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154483.50    | 0.00%             | 2034-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Southern California Gas Co                                                       | Southern California Gas Co                                                                | CUSIP: 842434CT7<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $72854.00     | 0.00%             | 2050-02-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJXX3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     86697 | PA      | $79098.72     | 0.00%             | 2046-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ITC Holdings Corp                                                                | ITC Holdings Corp                                                                         | CUSIP: 465685AH8<br>LEI: 549300HTO5U9D3SLE207 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89883.00     | 0.00%             | 2043-07-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| AGCO CORP                                                                        | AGCO Corp                                                                                 | CUSIP: 001084AS1<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125487.50    | 0.00%             | 2034-03-21      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| UNION ELECTRIC CO                                                                | Union Electric Co                                                                         | CUSIP: 906548CY6<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100106.00    | 0.00%             | 2034-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                               | VICI Properties LP                                                                        | CUSIP: 925650AH6<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |    150000 | PA      | $148233.00    | 0.00%             | 2031-11-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076CN0<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146590.50    | 0.00%             | 2027-04-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WU7D9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7275 | PA      | $7099.62      | 0.00%             | 2028-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| QUEST DIAGNOSTICS INC                                                            | Quest Diagnostics Inc                                                                     | CUSIP: 74834LBF6<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100187.00    | 0.00%             | 2029-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CNA FINANCIAL CORP                                                               | CNA Financial Corp                                                                        | CUSIP: 126117AW0<br>LEI: 549300YX2GSZD7YG1R84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86929.00     | 0.00%             | 2030-08-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                                   | Merck & Co Inc                                                                            | CUSIP: 806605AH4<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    100000 | PA      | $111596.00    | 0.00%             | 2037-09-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS CO                                                                | General Motors Co                                                                         | CUSIP: 37045VAZ3<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199238.00    | 0.00%             | 2032-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                                                           | Brookfield Finance Inc                                                                    | CUSIP: 11271LAE2<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $146533.50    | 0.00%             | 2030-04-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWC68<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1083325 | PA      | $845240.21    | 0.02%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                           | CUSIP: 842587CV7<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197588.00    | 0.00%             | 2026-07-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BAKER HUGHES HLDGS LLC                                                           | Baker Hughes Holdings LLC                                                                 | CUSIP: 057224AZ0<br>LEI: 549300XU3XH6F05YEQ93 | Long             | DBT              | CORP              | US        |    200000 | PA      | $187954.00    | 0.00%             | 2040-09-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DA85<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     19161 | PA      | $18927.80     | 0.00%             | 2049-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EGH7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    861871 | PA      | $765905.15    | 0.01%             | 2052-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XD7G5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1160797 | PA      | $957158.76    | 0.02%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DKJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    208151 | PA      | $193941.99    | 0.00%             | 2035-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ILLUMINA INC                                                                     | Illumina Inc                                                                              | CUSIP: 452327AP4<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102100.00    | 0.00%             | 2027-12-13      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                          | Shell International Finance BV                                                            | CUSIP: 822582CK6<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |     50000 | PA      | $35031.00     | 0.00%             | 2041-11-26      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Enel Americas SA                                                                 | Enel Americas SA                                                                          | CUSIP: 29274FAF1<br>LEI: 549300LKH11TFCJLZK20 | Long             | DBT              | CORP              | CL        |    100000 | PA      | $99294.00     | 0.00%             | 2026-10-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132HPHK3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    149576 | PA      | $134823.13    | 0.00%             | 2042-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Southern California Edison Co                                                    | Southern California Edison Co                                                             | CUSIP: 842400GG2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    300000 | PA      | $210720.00    | 0.00%             | 2047-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418C5A8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    150576 | PA      | $146080.95    | 0.00%             | 2033-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448GC6<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    225000 | PA      | $224941.50    | 0.00%             | 2035-02-07      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc                                                   | American Electric Power Co Inc                                                            | CUSIP: 025537AJ0<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145732.50    | 0.00%             | 2027-11-13      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31307BGG9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     73142 | PA      | $71214.86     | 0.00%             | 2028-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS                                                           | Zimmer Biomet Holdings Inc                                                                | CUSIP: 98956PAB8<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74024.25     | 0.00%             | 2039-11-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TQN8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    146271 | PA      | $128790.63    | 0.00%             | 2048-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJV31<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    368754 | PA      | $347224.19    | 0.01%             | 2045-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111FB4<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     50000 | PA      | $41117.50     | 0.00%             | 2042-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                                | CUSIP: 871829BN6<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    250000 | PA      | $264337.50    | 0.00%             | 2050-04-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650DP2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     75000 | PA      | $50132.25     | 0.00%             | 2040-08-21      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132GKCK0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     22551 | PA      | $21777.12     | 0.00%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                                               | Vodafone Group PLC                                                                        | CUSIP: 92857WBT6<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $84362.00     | 0.00%             | 2059-06-19      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                                     | CUSIP: 88579YBQ3<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100801.00    | 0.00%             | 2030-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418AMU9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     22820 | PA      | $21657.38     | 0.00%             | 2032-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                               | CUSIP: 68389XBP9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    300000 | PA      | $250413.00    | 0.00%             | 2037-11-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YDE6<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $202788.00    | 0.00%             | 2035-05-26      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DXK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4163294 | PA      | $3261397.81   | 0.06%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                             | CUSIP: 45866FAV6<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249470.00    | 0.00%             | 2029-06-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| DIGITAL REALTY TRUST LP                                                          | Digital Realty Trust LP                                                                   | CUSIP: 25389JAV8<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              |  | US        |    150000 | PA      | $153630.00    | 0.00%             | 2028-01-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| BLUE OWL CAPITAL CORP                                                            | Blue Owl Capital Corp                                                                     | CUSIP: 69121KAF1<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95638.00     | 0.00%             | 2027-01-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                           | Canadian Imperial Bank of Commerce                                                        | CUSIP: 13607HR53<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $183888.00    | 0.00%             | 2032-04-07      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 6174468N2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    350000 | PA      | $338905.00    | 0.01%             | 2051-03-24      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA PLC                                                                  | AstraZeneca PLC                                                                           | CUSIP: 046353AX6<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |     50000 | PA      | $26819.50     | 0.00%             | 2050-08-06      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NBT7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    175000 | PA      | $143689.00    | 0.00%             | 2036-07-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111FS7<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49529.00     | 0.00%             | 2028-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280BB4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $248477.50    | 0.00%             | 2026-05-25      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ASLL4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     88091 | PA      | $86704.16     | 0.00%             | 2041-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Emera US Finance LP                                                              | Emera US Finance LP                                                                       | CUSIP: 29103DAM8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $202400.00    | 0.00%             | 2046-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                                  | CUSIP: 126408GS6<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105657.00    | 0.00%             | 2040-04-30      | Fixed         | 6.22%                 | No            |                  2 | On Loan: No      |
| Archer-Daniels-Midland Co                                                        | Archer-Daniels-Midland Co                                                                 | CUSIP: 039482AB0<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |    200000 | PA      | $189402.00    | 0.00%             | 2030-03-27      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                                  | CUSIP: 126408HJ5<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197368.00    | 0.00%             | 2028-03-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111GK3<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    250000 | PA      | $243017.50    | 0.00%             | 2054-05-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                                                           | Morgan Stanley Bank NA                                                                    | CUSIP: 61690U7W4<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255022.50    | 0.00%             | 2026-10-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                                | CUSIP: 91159HJD3<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    150000 | PA      | $129451.50    | 0.00%             | 2033-01-27      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                                                            | RIO TINTO FIN USA PLC                                                                     | CUSIP: 76720AAV8<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $292200.00    | 0.01%             | 2055-03-14      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                                                  | Caterpillar Inc                                                                           | CUSIP: 149123BN0<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |    100000 | PA      | $108089.00    | 0.00%             | 2036-08-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128P8FR7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     71454 | PA      | $68034.88     | 0.00%             | 2038-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DW65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    129759 | PA      | $110422.65    | 0.00%             | 2041-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448BP2<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152875.50    | 0.00%             | 2040-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                            | CUSIP: 594918CA0<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176464.00    | 0.00%             | 2047-02-06      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477CC5<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201724.00    | 0.00%             | 2034-05-18      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                                         | EQT Corp                                                                                  | CUSIP: 26884LBC2<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193620.00    | 0.00%             | 2031-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PNC BANK NA                                                                      | PNC Bank NA                                                                               | CUSIP: 69349LAS7<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |    250000 | PA      | $230337.50    | 0.00%             | 2029-10-22      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Eaton Corp                                                                       | Eaton Corp                                                                                | CUSIP: 278062AD6<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |     96000 | PA      | $91272.96     | 0.00%             | 2032-11-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                                         | Devon Energy Corp                                                                         | CUSIP: 25179MBE2<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30055.50     | 0.00%             | 2028-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6AK6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    830596 | PA      | $731090.84    | 0.01%             | 2036-07-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                         | Constellation Brands Inc                                                                  | CUSIP: 21036PBF4<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91637.00     | 0.00%             | 2030-05-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ACQ6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    200000 | PA      | $173892.00    | 0.00%             | 2032-03-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EWZ8<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201980.00    | 0.00%             | 2030-06-10      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128P8A84<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    155938 | PA      | $147307.90    | 0.00%             | 2035-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                                                | General Mills Inc                                                                         | CUSIP: 370334DA9<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151405.50    | 0.00%             | 2030-01-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335AS33<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     60348 | PA      | $55953.76     | 0.00%             | 2043-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                                   | CUSIP: 06418GAD9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $153870.00    | 0.00%             | 2028-06-12      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYTX7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    212125 | PA      | $188071.76    | 0.00%             | 2040-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Mississippi Power Co                                                             | Mississippi Power Co                                                                      | CUSIP: 605417CD4<br>LEI: LNZ0J6YZ5SC6ILIRU850 | Long             | DBT              | CORP              | US        |    100000 | PA      | $63695.00     | 0.00%             | 2051-07-30      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORP                                                            | Northrop Grumman Corp                                                                     | CUSIP: 666807CJ9<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    150000 | PA      | $131836.50    | 0.00%             | 2053-03-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335A5Q7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    101593 | PA      | $99178.23     | 0.00%             | 2045-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV3J2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     99763 | PA      | $89564.94     | 0.00%             | 2049-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                                    | CUSIP: 045167FT5<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    650000 | PA      | $635082.50    | 0.01%             | 2032-09-28      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CI FINANCIAL CORP                                                                | CI Financial Corp                                                                         | CUSIP: 125491AN0<br>LEI: 549300M9W7JJQSVCEM78 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $174580.00    | 0.00%             | 2030-12-17      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| MARKEL GROUP INC                                                                 | Markel Group Inc                                                                          | CUSIP: 570535AY0<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97595.00     | 0.00%             | 2054-05-16      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 913017BA6<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    100000 | PA      | $110953.00    | 0.00%             | 2029-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                                   | CUSIP: 55336VBQ2<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    250000 | PA      | $223782.50    | 0.00%             | 2030-08-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WKRH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    253279 | PA      | $236595.85    | 0.00%             | 2047-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                                     | CUSIP: 89788MAN2<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    300000 | PA      | $303948.00    | 0.01%             | 2027-06-08      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | Ally Financial Inc                                                                        | CUSIP: 02005NBP4<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91308.00     | 0.00%             | 2028-11-02      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RMM1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    707000 | PA      | $581945.84    | 0.01%             | 2033-12-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| PUB SVC NEW HAMP                                                                 | Public Service Co of New Hampshire                                                        | CUSIP: 744482BM1<br>LEI: 549300SHPFALUPKK2351 | Long             | DBT              | CORP              | US        |     50000 | PA      | $35309.00     | 0.00%             | 2049-07-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                                          | Duke Energy Florida LLC                                                                   | CUSIP: 26444HAA9<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |     75000 | PA      | $52369.50     | 0.00%             | 2046-10-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822DK7<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $202932.00    | 0.00%             | 2031-04-24      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 06051GGC7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    350000 | PA      | $347032.00    | 0.01%             | 2027-11-25      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810TS7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7100000 | PA      | $6223039.10   | 0.12%             | 2043-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KOREA                                                                | Korea International Bond                                                                  | CUSIP: 50064FAX2<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $202144.00    | 0.00%             | 2029-07-03      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| TARGET CORP                                                                      | Target Corp                                                                               | CUSIP: 87612EBQ8<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97525.00     | 0.00%             | 2033-01-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076CK6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    150000 | PA      | $89340.00     | 0.00%             | 2051-09-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J9UY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    227530 | PA      | $224770.53    | 0.00%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INTERPUBLIC GROUP COS                                                            | Interpublic Group of Cos Inc/The                                                          | CUSIP: 460690BU3<br>LEI: 5493008IUOJ5VWTRC333 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99757.00     | 0.00%             | 2033-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY FLORIDA LLC                                                          | Duke Energy Florida LLC                                                                   | CUSIP: 26444HAJ0<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |    150000 | PA      | $130983.00    | 0.00%             | 2030-06-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| NNN REIT INC                                                                     | NNN REIT Inc                                                                              | CUSIP: 637417AT3<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              |  | US        |    100000 | PA      | $100236.00    | 0.00%             | 2034-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                                        | CUSIP: 29273VAR1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152917.50    | 0.00%             | 2026-12-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818FT0<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    200000 | PA      | $149300.00    | 0.00%             | 2041-05-20      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange Inc                                                    | Intercontinental Exchange Inc                                                             | CUSIP: 45866FAH7<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    225000 | PA      | $181325.25    | 0.00%             | 2048-09-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 63743HFT4<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99670.00     | 0.00%             | 2027-09-16      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | University of California                                                                  | CUSIP: 91412GHA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $79910.30     | 0.00%             | 2112-05-15      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WFB96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     84819 | PA      | $77281.99     | 0.00%             | 2045-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MEDTRONIC GLOBAL HLDINGS                                                         | Medtronic Global Holdings SCA                                                             | CUSIP: 58507LBB4<br>LEI: 549300JXMTTP8GKYIX14 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $200322.00    | 0.00%             | 2028-03-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                           | CUSIP: 4581X0ER5<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    400000 | PA      | $387784.00    | 0.01%             | 2031-09-17      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD                                                               | Athene Holding Ltd                                                                        | CUSIP: 04686JAE1<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |    125000 | PA      | $77080.00     | 0.00%             | 2052-05-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Vale SA                                                                          | Vale SA                                                                                   | CUSIP: 91912EAA3<br>LEI: 254900SMTWBX7RU2SR20 | Long             | DBT              | CORP              | BR        |    100000 | PA      | $94945.00     | 0.00%             | 2042-09-11      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X6Q38<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    661143 | PA      | $612197.57    | 0.01%             | 2047-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| University of Virginia                                                           | University of Virginia                                                                    | CUSIP: 915217WX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $71456.80     | 0.00%             | 2117-09-01      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076DE9<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300285.00    | 0.01%             | 2034-06-25      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| NEWMONT / NEWCREST FIN                                                           | Newmont Corp / Newcrest Finance Pty Ltd                                                   | CUSIP: 65163LAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $58720.50     | 0.00%             | 2050-05-13      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128P8AR2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     86940 | PA      | $83637.53     | 0.00%             | 2035-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GENUINE PARTS CO                                                                 | Genuine Parts Co                                                                          | CUSIP: 372460AC9<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |    150000 | PA      | $128893.50    | 0.00%             | 2032-02-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                              | CUSIP: 25160PAM9<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    150000 | PA      | $153078.00    | 0.00%             | 2027-09-09      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJUS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     78539 | PA      | $74400.04     | 0.00%             | 2044-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417YMB0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8700 | PA      | $8689.06      | 0.00%             | 2030-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138W7WS9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    228623 | PA      | $224578.99    | 0.00%             | 2043-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6AL4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    923214 | PA      | $836265.18    | 0.02%             | 2036-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SWV5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     79100 | PA      | $67432.74     | 0.00%             | 2047-02-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FOX CORP                                                                         | Fox Corp                                                                                  | CUSIP: 35137LAJ4<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |    200000 | PA      | $191426.00    | 0.00%             | 2039-01-25      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                                                          | Arthur J Gallagher & Co                                                                   | CUSIP: 04316JAF6<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $108084.00    | 0.00%             | 2034-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TAMPA ELECTRIC CO                                                                | Tampa Electric Co                                                                         | CUSIP: 875127BH4<br>LEI: WS423EPRKJIIJUITXD73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88312.00     | 0.00%             | 2031-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179QRY9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    307756 | PA      | $281530.49    | 0.01%             | 2044-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UTAH ACQUISITION SUB                                                             | Utah Acquisition Sub Inc                                                                  | CUSIP: 62854AAP9<br>LEI: 549300A0CD4KNFGIIS89 | Long             | DBT              | CORP              | US        |    200000 | PA      | $154690.00    | 0.00%             | 2046-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GKJ7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    425000 | PA      | $410817.75    | 0.01%             | 2028-02-04      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority                                                        | CUSIP: 649902T37<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50152.05     | 0.00%             | 2040-03-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D3S9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    766727 | PA      | $674520.52    | 0.01%             | 2041-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XCN9<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |    100000 | PA      | $98226.00     | 0.00%             | 2035-01-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GHV4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    450000 | PA      | $424134.00    | 0.01%             | 2030-07-23      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                                                                      | Phillips 66 Co                                                                            | CUSIP: 718547AM4<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80995.00     | 0.00%             | 2045-02-15      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| Altria Group Inc                                                                 | Altria Group Inc                                                                          | CUSIP: 02209SAV5<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    275000 | PA      | $197186.00    | 0.00%             | 2046-09-16      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Interpublic Group of Cos Inc/The                                                 | Interpublic Group of Cos Inc/The                                                          | CUSIP: 460690BT6<br>LEI: 5493008IUOJ5VWTRC333 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88019.00     | 0.00%             | 2031-03-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111EL3<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155541.00    | 0.00%             | 2036-03-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 75513ECR0<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201514.00    | 0.00%             | 2033-02-27      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U3T8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    400000 | PA      | $403200.00    | 0.01%             | 2029-04-23      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137FCJK1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $489348.86    | 0.01%             | 2027-11-25      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36296UZX1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    117649 | PA      | $112940.56    | 0.00%             | 2039-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OCHSNER LSU HEALTH SYST                                                          | Ochsner LSU Health System of North Louisiana                                              | CUSIP: 67555JAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $40241.00     | 0.00%             | 2031-05-15      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| Southern California Edison Co                                                    | Southern California Edison Co                                                             | CUSIP: 842400GQ0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97427.00     | 0.00%             | 2029-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                                        | CUSIP: 907818EQ7<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    150000 | PA      | $127854.00    | 0.00%             | 2037-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WXK9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3783381 | PA      | $3300294.40   | 0.06%             | 2052-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AUTONATION INC                                                                   | AutoNation Inc                                                                            | CUSIP: 05329RAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $135678.00    | 0.00%             | 2032-03-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS                                                           | Zimmer Biomet Holdings Inc                                                                | CUSIP: 98956PAH5<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |     75000 | PA      | $60369.75     | 0.00%             | 2045-08-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 89115A2S0<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $303330.00    | 0.01%             | 2026-07-17      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138M7WU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     38221 | PA      | $34397.06     | 0.00%             | 2042-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY UTILITIES CO                                                            | Kentucky Utilities Co                                                                     | CUSIP: 491674BM8<br>LEI: AGX0G2MXE54NFNNICD28 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65780.00     | 0.00%             | 2050-06-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| American Water Capital Corp                                                      | American Water Capital Corp                                                               | CUSIP: 03040WAV7<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |    150000 | PA      | $116460.00    | 0.00%             | 2049-06-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY OHIO INC                                                             | Duke Energy Ohio Inc                                                                      | CUSIP: 26442EAL4<br>LEI: L6KC0HABGHNFU1Z6QY21 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70375.50     | 0.00%             | 2054-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE OKLAHOMA                                                          | Public Service Co of Oklahoma                                                             | CUSIP: 744533BQ2<br>LEI: F3TJNSIZRGXRH8GEIK79 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99730.00     | 0.00%             | 2033-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| American International Group Inc                                                 | American International Group Inc                                                          | CUSIP: 026874DA2<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |    145000 | PA      | $123105.00    | 0.00%             | 2044-07-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                         | CUSIP: 24703TAH9<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105989.00    | 0.00%             | 2030-07-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                                | Johnson & Johnson                                                                         | CUSIP: 478160DK7<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    250000 | PA      | $254310.00    | 0.00%             | 2032-03-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312942L86<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     48816 | PA      | $46988.75     | 0.00%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                                                               | Essex Portfolio LP                                                                        | CUSIP: 29717PBA4<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              |  | US        |    100000 | PA      | $100598.00    | 0.00%             | 2034-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NNN REIT INC                                                                     | NNN REIT Inc                                                                              | CUSIP: 637417AS5<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              |  | US        |     75000 | PA      | $76131.75     | 0.00%             | 2033-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| SYSTEM ENERGY RESOURCES                                                          | System Energy Resources Inc                                                               | CUSIP: 871911AU7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $77828.25     | 0.00%             | 2028-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CMN8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $10097656.30  | 0.19%             | 2028-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Whirlpool Corp                                                                   | Whirlpool Corp                                                                            | CUSIP: 963320AV8<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $72575.00     | 0.00%             | 2046-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                                                  | Cigna Group/The                                                                           | CUSIP: 125523CS7<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152601.00    | 0.00%             | 2033-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NDL2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    350000 | PA      | $205264.50    | 0.00%             | 2051-01-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D3C4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    132087 | PA      | $113192.02    | 0.00%             | 2036-07-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| CARDINAL HEALTH INC                                                              | Cardinal Health Inc                                                                       | CUSIP: 14149YBP2<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101068.00    | 0.00%             | 2034-02-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31400QZX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    155827 | PA      | $159776.91    | 0.00%             | 2033-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLACKROCK FUNDING INC                                                            | BlackRock Funding Inc                                                                     | CUSIP: 09290DAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $190180.00    | 0.00%             | 2055-01-08      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214FW8<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $248295.00    | 0.00%             | 2035-11-20      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J7XP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    291911 | PA      | $276154.82    | 0.01%             | 2045-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                                        | CUSIP: 86765BAM1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83869.00     | 0.00%             | 2043-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| YALE-NEW HAVEN HLTH SRVC                                                         | Yale-New Haven Health Services Corp                                                       | CUSIP: 98459HAA0<br>LEI: 549300AVJD56IH6OKW11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $56706.00     | 0.00%             | 2050-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BERKLEY (WR) CORPORATION                                                         | W R Berkley Corp                                                                          | CUSIP: 084423AW2<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | DBT              | CORP              | US        |    100000 | PA      | $59179.00     | 0.00%             | 2061-09-30      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XKJZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2130999 | PA      | $2216731.60   | 0.04%             | 2053-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6AF7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1201789 | PA      | $1059336.18   | 0.02%             | 2036-06-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                                | CUSIP: 717081ET6<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    300000 | PA      | $291765.00    | 0.01%             | 2029-03-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| EIDP INC                                                                         | EIDP Inc                                                                                  | CUSIP: 263534CR8<br>LEI: GLU7INWNWH88J9XBXD45 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147301.50    | 0.00%             | 2033-05-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Canadian Pacific Railway Co                                                      | Canadian Pacific Railway Co                                                               | CUSIP: 13645RAD6<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |     75000 | PA      | $83610.00     | 0.00%             | 2031-10-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                            | MidAmerican Energy Co                                                                     | CUSIP: 595620AN5<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83762.00     | 0.00%             | 2044-10-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Peru Government International Bonds                                              | Peru Government International Bonds                                                       | CUSIP: 715638DQ2<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    250000 | PA      | $131605.00    | 0.00%             | 2060-12-01      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| America Movil SAB de CV                                                          | America Movil SAB de CV                                                                   | CUSIP: 02364WBH7<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $192788.00    | 0.00%             | 2029-04-22      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308KR7<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197832.00    | 0.00%             | 2034-05-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | State of California                                                                       | CUSIP: 13063A5G5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $649179.30    | 0.01%             | 2039-04-01      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WQB7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1713688 | PA      | $1495402.42   | 0.03%             | 2051-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CR89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    662759 | PA      | $598960.16    | 0.01%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172CV9<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    300000 | PA      | $305379.00    | 0.01%             | 2027-11-17      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| VMWARE LLC                                                                       | VMware LLC                                                                                | CUSIP: 928563AJ4<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |    250000 | PA      | $240757.50    | 0.00%             | 2026-08-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                          | GLP Capital LP / GLP Financing II Inc                                                     | CUSIP: 361841AU3<br>LEI: N/A                  | Long             | DBT              |  | US        |     75000 | PA      | $71206.50     | 0.00%             | 2054-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GLAXOSMITHKLINE CAP INC                                                          | GlaxoSmithKline Capital Inc                                                               | CUSIP: 377372AB3<br>LEI: 5493007Q8VD7Q3ZYZS59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102641.00    | 0.00%             | 2034-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                                        | CUSIP: 29273VAP5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153660.00    | 0.00%             | 2028-02-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                                       | CUSIP: 14913UAU4<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202676.00    | 0.00%             | 2029-11-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CLF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  22000000 | PA      | $21205937.50  | 0.40%             | 2034-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Southern California Edison Co                                                    | Southern California Edison Co                                                             | CUSIP: 842400GU1<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    150000 | PA      | $131068.50    | 0.00%             | 2030-06-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111GD9<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153928.50    | 0.00%             | 2052-11-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 75513ECA7<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137964.00    | 0.00%             | 2040-10-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448DP0<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    150000 | PA      | $109414.50    | 0.00%             | 2046-10-06      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                                   | CUSIP: 06417XAP6<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $202058.00    | 0.00%             | 2030-02-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 9128283W8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11351000 | PA      | $11027319.20  | 0.21%             | 2028-02-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Union Electric Co                                                                | Union Electric Co                                                                         | CUSIP: 906548CN0<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |    250000 | PA      | $190225.00    | 0.00%             | 2048-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                                                                      | MetLife Inc                                                                               | CUSIP: 59156RCC0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    200000 | PA      | $177488.00    | 0.00%             | 2052-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                                | CUSIP: 444859BX9<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    150000 | PA      | $130413.00    | 0.00%             | 2053-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                           | Extra Space Storage LP                                                                    | CUSIP: 30225VAK3<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |     75000 | PA      | $76938.00     | 0.00%             | 2030-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EVL0<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85293.00     | 0.00%             | 2031-01-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| PIEDMONT NATURAL GAS CO                                                          | Piedmont Natural Gas Co Inc                                                               | CUSIP: 720186AQ8<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100775.00    | 0.00%             | 2033-06-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BAKER HUGHES LLC/CO-OBL                                                          | Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc                                   | CUSIP: 05723KAF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $188455.00    | 0.00%             | 2047-12-15      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp                                                        | Occidental Petroleum Corp                                                                 | CUSIP: 674599CN3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     50000 | PA      | $33063.00     | 0.00%             | 2048-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111ES8<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    100000 | PA      | $106804.00    | 0.00%             | 2037-08-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Medtronic Inc                                                                    | Medtronic Inc                                                                             | CUSIP: 585055BU9<br>LEI: D56MRZY2INAN94ZONZ37 | Long             | DBT              | CORP              | US        |    325000 | PA      | $285249.25    | 0.01%             | 2045-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417ES44<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     43333 | PA      | $38997.99     | 0.00%             | 2043-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D54Y5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    201529 | PA      | $183750.11    | 0.00%             | 2035-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CMR9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7700000 | PA      | $7689773.48   | 0.14%             | 2032-02-29      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| AvalonBay Communities Inc                                                        | AvalonBay Communities Inc                                                                 | CUSIP: 05348EAZ2<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |    150000 | PA      | $115107.00    | 0.00%             | 2046-10-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214EP4<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $218162.50    | 0.00%             | 2035-11-15      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WDQ8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3958596 | PA      | $3183533.69   | 0.06%             | 2051-04-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810SK5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6700000 | PA      | $4206867.22   | 0.08%             | 2049-11-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                                | Johnson & Johnson                                                                         | CUSIP: 478160CQ5<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    400000 | PA      | $344504.00    | 0.01%             | 2030-09-01      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp/The                                                 | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406FAC7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197254.00    | 0.00%             | 2026-05-04      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM LLC                                                             | ONEOK Inc                                                                                 | CUSIP: 29336TAE0<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99690.00     | 0.00%             | 2034-09-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179USU7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    316297 | PA      | $294100.53    | 0.01%             | 2049-05-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| American Municipal Power Inc                                                     | American Municipal Power, Inc.                                                            | CUSIP: 02765UEK6<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |    250000 | PA      | $307718.25    | 0.01%             | 2050-02-15      | Fixed         | 8.08%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                                  | CUSIP: 744320AY8<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    200000 | PA      | $151652.00    | 0.00%             | 2047-12-07      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH                                                              | Suzano Austria GmbH                                                                       | CUSIP: 86964WAJ1<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |    250000 | PA      | $226695.00    | 0.00%             | 2031-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CCF0<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    125000 | PA      | $118552.50    | 0.00%             | 2054-06-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406RBP1<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146196.00    | 0.00%             | 2034-02-01      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| General Mills Inc                                                                | General Mills Inc                                                                         | CUSIP: 370334BJ2<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72445.50     | 0.00%             | 2040-06-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                             | CUSIP: 345370DB3<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    300000 | PA      | $293151.00    | 0.01%             | 2032-08-19      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138MBMB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     38160 | PA      | $34342.23     | 0.00%             | 2042-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                                        | CUSIP: 756109BK9<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    100000 | PA      | $93630.00     | 0.00%             | 2029-12-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216DZ0<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    275000 | PA      | $258175.50    | 0.00%             | 2055-01-14      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ERP Operating LP                                                                 | ERP Operating LP                                                                          | CUSIP: 26884ABJ1<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |    100000 | PA      | $97810.00     | 0.00%             | 2028-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MCCORMICK & CO                                                                   | McCormick & Co Inc/MD                                                                     | CUSIP: 579780AS6<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85035.00     | 0.00%             | 2031-02-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| MOSAIC CO                                                                        | Mosaic Co/The                                                                             | CUSIP: 61945CAH6<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76383.00     | 0.00%             | 2028-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds                                       | Philippines Government International Bonds                                                | CUSIP: 718286BG1<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    400000 | PA      | $436184.00    | 0.01%             | 2034-10-23      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TEXTRON INC                                                                      | Textron Inc                                                                               | CUSIP: 883203CC3<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | DBT              | CORP              | US        |    250000 | PA      | $218285.00    | 0.00%             | 2031-03-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                                                       | US Bancorp                                                                                | CUSIP: 91159HHN3<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196032.00    | 0.00%             | 2026-07-22      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31402C4H2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     58754 | PA      | $60248.38     | 0.00%             | 2034-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J9XR7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    398927 | PA      | $350884.15    | 0.01%             | 2046-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132L8WD5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    141829 | PA      | $132670.85    | 0.00%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 637432PC3<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98670.00     | 0.00%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DSS2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2583915 | PA      | $2204070.19   | 0.04%             | 2040-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 31329NJX7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    736556 | PA      | $727792.81    | 0.01%             | 2034-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VDR8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     27333 | PA      | $26324.54     | 0.00%             | 2050-01-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Oglethorpe Power Corp                                                            | Oglethorpe Power Corp                                                                     | CUSIP: 677050AN6<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |     75000 | PA      | $64821.00     | 0.00%             | 2048-10-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418ACN6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     28459 | PA      | $27810.20     | 0.00%             | 2032-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales & Transfer Tax Receipts Revenue                  | Chicago Transit Authority Sales & Transfer Tax Receipts Revenue                           | CUSIP: 167725AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    685141 | PA      | $749808.07    | 0.01%             | 2040-12-01      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE OP CO                                                             | Public Storage Operating Co                                                               | CUSIP: 74460DAC3<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              |  | US        |     50000 | PA      | $48698.50     | 0.00%             | 2027-09-15      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XDF0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1732088 | PA      | $1687238.65   | 0.03%             | 2052-08-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HEICO CORP                                                                       | HEICO Corp                                                                                | CUSIP: 422806AB5<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101102.00    | 0.00%             | 2033-08-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| KENVUE INC                                                                       | Kenvue Inc                                                                                | CUSIP: 49177JAM4<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141957.00    | 0.00%             | 2043-03-22      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| INGREDION INC                                                                    | Ingredion Inc                                                                             | CUSIP: 457187AD4<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $72473.00     | 0.00%             | 2050-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                                                  | Deere & Co                                                                                | CUSIP: 244199BF1<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |    200000 | PA      | $166636.00    | 0.00%             | 2042-06-09      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                            | CUSIP: 61744YAL2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    400000 | PA      | $342560.00    | 0.01%             | 2038-07-22      | Variable      | 3.97%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CCB9<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100703.00    | 0.00%             | 2027-01-05      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                            | CUSIP: 6174468G7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    575000 | PA      | $570336.75    | 0.01%             | 2030-01-23      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                                                            | AvalonBay Communities Inc                                                                 | CUSIP: 053484AB7<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |    150000 | PA      | $127374.00    | 0.00%             | 2032-01-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ACW3<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    300000 | PA      | $284313.00    | 0.01%             | 2053-01-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D3N0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    400139 | PA      | $369915.61    | 0.01%             | 2036-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| APTIV SWISS HOLDINGS LTD                                                         | Aptiv Swiss Holdings Ltd                                                                  | CUSIP: 00217GAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |    200000 | PA      | $137964.00    | 0.00%             | 2052-05-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Unilever Capital Corp                                                            | Unilever Capital Corp                                                                     | CUSIP: 904764AH0<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |    100000 | PA      | $108105.00    | 0.00%             | 2032-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XCD0<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    200000 | PA      | $203608.00    | 0.00%             | 2033-07-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| EUROPEAN BK RECON & DEV                                                          | European Bank for Reconstruction & Development                                            | CUSIP: 29874QFA7<br>LEI: 549300HTGDOVDU6OGK19 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $502710.00    | 0.01%             | 2029-01-25      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Energy Transfer Operating LP                                                     | Energy Transfer Operating LP                                                              | CUSIP: 29278NAE3<br>LEI: 5493008K8W3OKZE54J59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $186208.00    | 0.00%             | 2048-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36241LX84<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     34703 | PA      | $31840.97     | 0.00%             | 2041-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EVS5<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86676.00     | 0.00%             | 2031-06-17      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NEB3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207520.00    | 0.00%             | 2032-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Exelon Corp                                                                      | Exelon Corp                                                                               | CUSIP: 30161NAX9<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    300000 | PA      | $292503.00    | 0.01%             | 2030-04-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange Inc                                                    | Intercontinental Exchange Inc                                                             | CUSIP: 45866FAJ3<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98022.00     | 0.00%             | 2028-09-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                         | CUSIP: 478160BV5<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    230000 | PA      | $182031.20    | 0.00%             | 2046-03-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC / Charter Communications Operating Capital  | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175BA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $577602.00    | 0.01%             | 2045-10-23      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| SPECTRA ENERGY PARTNERS                                                          | Spectra Energy Partners LP                                                                | CUSIP: 84756NAH2<br>LEI: 2HKVXE7U4NF5B6UGSU72 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98300.00     | 0.00%             | 2026-10-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                               | CUSIP: 931142FL2<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125265.00    | 0.00%             | 2027-04-28      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Massachusetts School Building Authority                                          | Massachusetts School Building Authority                                                   | CUSIP: 576000ZJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $450622.50    | 0.01%             | 2030-08-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| SPIRE MISSOURI INC                                                               | Spire Missouri Inc                                                                        | CUSIP: 84859DAD9<br>LEI: 06LJQCOVPRXOPDHFC707 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49969.50     | 0.00%             | 2034-08-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U3L5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    600000 | PA      | $611274.00    | 0.01%             | 2028-04-22      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NAV3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $112247.00    | 0.00%             | 2037-08-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                                                          | Canadian Natural Resources Ltd                                                            | CUSIP: 136385BA8<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $90682.00     | 0.00%             | 2030-07-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680BS1<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92478.00     | 0.00%             | 2030-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                                | CUSIP: 91159HJK7<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300582.00    | 0.01%             | 2029-02-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280CL1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    350000 | PA      | $328993.00    | 0.01%             | 2028-09-22      | Fixed         | 2.01%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076CD2<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    250000 | PA      | $171262.50    | 0.00%             | 2050-04-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448DN5<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    250000 | PA      | $244195.00    | 0.00%             | 2026-10-06      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| OVINTIV INC                                                                      | Ovintiv Inc                                                                               | CUSIP: 69047QAB8<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153091.50    | 0.00%             | 2028-05-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                       | Intel Corp                                                                                | CUSIP: 458140AX8<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145936.50    | 0.00%             | 2027-05-11      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                                        | Amgen Inc                                                                                 | CUSIP: 031162BK5<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91974.00     | 0.00%             | 2041-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844CN6<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     75000 | PA      | $52906.50     | 0.00%             | 2053-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF QUEBEC                                                               | Province of Quebec Canada                                                                 | CUSIP: 748148M91<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    650000 | PA      | $658957.00    | 0.01%             | 2029-04-03      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds                                       | Philippines Government International Bonds                                                | CUSIP: 718286CB1<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    400000 | PA      | $313968.00    | 0.01%             | 2042-02-02      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                         | Warnermedia Holdings Inc                                                                  | CUSIP: 55903VBA0<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    800000 | PA      | $775800.00    | 0.01%             | 2027-03-15      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                                                            | PACCAR Financial Corp                                                                     | CUSIP: 69371RT55<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150816.00    | 0.00%             | 2026-11-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475AT2<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195590.00    | 0.00%             | 2027-05-19      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XCC2<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    100000 | PA      | $102010.00    | 0.00%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ADVOCATE HEALTH CORP                                                             | Advocate Health & Hospitals Corp                                                          | CUSIP: 007589AA2<br>LEI: 549300AEHU3PPOUCIL87 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49071.50     | 0.00%             | 2028-08-15      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                     | Centene Corp                                                                              | CUSIP: 15135BAX9<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    400000 | PA      | $339916.00    | 0.01%             | 2031-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                                                                 | HSBC Bank USA NA                                                                          | CUSIP: 4042Q1AD9<br>LEI: 1IE8VN30JCEQV1H4R804 | Long             | DBT              | CORP              | US        |    250000 | PA      | $280875.00    | 0.01%             | 2039-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FirstEnergy Corp                                                                 | FirstEnergy Corp                                                                          | CUSIP: 337932AH0<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246352.50    | 0.00%             | 2027-07-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| MDC HOLDINGS INC                                                                 | MDC Holdings Inc                                                                          | CUSIP: 552676AU2<br>LEI: 5299005FV4VNV75R8R35 | Long             | DBT              | CORP              | US        |    150000 | PA      | $130033.50    | 0.00%             | 2031-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                            | CUSIP: 10373QBM1<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    200000 | PA      | $173746.00    | 0.00%             | 2030-08-10      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                                                 | Ryder System Inc                                                                          | CUSIP: 78355HLA5<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75944.25     | 0.00%             | 2027-03-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 969457CK4<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153411.00    | 0.00%             | 2028-08-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                                   | CUSIP: 742718FZ7<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100314.00    | 0.00%             | 2028-01-26      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QHP58<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    712978 | PA      | $661309.29    | 0.01%             | 2036-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804GS7<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93675.00     | 0.00%             | 2054-08-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Oncor Electric Delivery Co LLC                                                   | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JBR4<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    150000 | PA      | $95908.50     | 0.00%             | 2049-09-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Mid-America Apartments LP                                                        | Mid-America Apartments LP                                                                 | CUSIP: 59523UAQ0<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              |  | US        |     50000 | PA      | $49036.50     | 0.00%             | 2029-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CBZ7<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103757.00    | 0.00%             | 2033-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 89114TZV7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $224025.00    | 0.00%             | 2032-03-10      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TKL8<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102640.00    | 0.00%             | 2027-11-10      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc                                                   | American Electric Power Co Inc                                                            | CUSIP: 025537AN1<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $134295.00    | 0.00%             | 2030-03-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U3F8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    850000 | PA      | $861424.00    | 0.02%             | 2034-07-25      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3142GQLC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1128405 | PA      | $1163679.18   | 0.02%             | 2053-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| International Paper Co                                                           | International Paper Co                                                                    | CUSIP: 460146CH4<br>LEI: 824LMFJDH41EY779Q875 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98862.00     | 0.00%             | 2041-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PAN6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    300000 | PA      | $230091.00    | 0.00%             | 2049-01-23      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140GUMA2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     27031 | PA      | $24429.36     | 0.00%             | 2047-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| OAKTREE STRATEGIC CREDIT                                                         | Oaktree Strategic Credit Fund                                                             | CUSIP: 67403AAE9<br>LEI: 2549006RRE0JC7G43241 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75915.00     | 0.00%             | 2029-07-23      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TELUS Corp                                                                       | TELUS Corp                                                                                | CUSIP: 87971MBF9<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $147153.00    | 0.00%             | 2027-09-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6AQ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    811536 | PA      | $734917.33    | 0.01%             | 2036-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138MBWC6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7463 | PA      | $7345.72      | 0.00%             | 2027-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| THE CAMPBELLS COMPANY                                                            | The Campbell's Company                                                                    | CUSIP: 134429BN8<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101799.00    | 0.00%             | 2029-03-21      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EVR7<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96702.00     | 0.00%             | 2026-06-17      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| QUANTA SERVICES INC                                                              | Quanta Services Inc                                                                       | CUSIP: 74762EAL6<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99155.00     | 0.00%             | 2034-08-09      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Carlisle Cos Inc                                                                 | Carlisle Cos Inc                                                                          | CUSIP: 142339AH3<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146992.50    | 0.00%             | 2027-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                         | CUSIP: 20826FBE5<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    150000 | PA      | $134238.00    | 0.00%             | 2053-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH                                                              | Suzano Austria GmbH                                                                       | CUSIP: 86964WAF9<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |    200000 | PA      | $204076.00    | 0.00%             | 2029-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418ES43<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2618112 | PA      | $2542435.19   | 0.05%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RPM International Inc                                                            | RPM International Inc                                                                     | CUSIP: 749685AU7<br>LEI: 549300TJCKW4BRXPJ474 | Long             | DBT              | CORP              | US        |     75000 | PA      | $67977.75     | 0.00%             | 2045-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                               | CUSIP: 13648TAC1<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $93110.00     | 0.00%             | 2029-11-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810EY0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    955300 | PA      | $993530.66    | 0.02%             | 2026-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LINDE INC/CT                                                                     | Linde Inc/CT                                                                              | CUSIP: 74005PBD5<br>LEI: ZU69GUVJQGZ6Z1UOOO79 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77207.00     | 0.00%             | 2042-11-07      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                                            | Uber Technologies Inc                                                                     | CUSIP: 90353TAN0<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    225000 | PA      | $222027.75    | 0.00%             | 2030-01-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Southern California Gas Co                                                       | Southern California Gas Co                                                                | CUSIP: 842434CK6<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |     75000 | PA      | $56695.50     | 0.00%             | 2042-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MONTEFIORE OBLIGATED GRP                                                         | Montefiore Obligated Group                                                                | CUSIP: 61237WAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $60103.50     | 0.00%             | 2048-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 949746JM4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102602.00    | 0.00%             | 2035-02-07      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                           | CUSIP: 842587DH7<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |     75000 | PA      | $69839.25     | 0.00%             | 2028-03-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| EASTERN ENERGY GAS                                                               | Eastern Energy Gas Holdings LLC                                                           | CUSIP: 27636AAA0<br>LEI: 549300BFOD6TDMVV4O24 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139479.00    | 0.00%             | 2054-10-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| RADIAN GROUP INC                                                                 | Radian Group Inc                                                                          | CUSIP: 750236AW1<br>LEI: 54930005OUP720S5U385 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99857.00     | 0.00%             | 2027-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                                    | CUSIP: 202795JF8<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    100000 | PA      | $75502.00     | 0.00%             | 2045-03-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U3J0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    500000 | PA      | $508525.00    | 0.01%             | 2030-01-23      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172CZ0<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    275000 | PA      | $278850.00    | 0.01%             | 2028-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Crown Castle International Corp                                                  | Crown Castle Inc                                                                          | CUSIP: 22822VAN1<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    100000 | PA      | $93148.00     | 0.00%             | 2029-11-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6A59<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1432101 | PA      | $1295899.73   | 0.02%             | 2036-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Snap-on Inc                                                                      | Snap-on Inc                                                                               | CUSIP: 833034AL5<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78499.00     | 0.00%             | 2048-03-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                                                  | Israel Government International Bond                                                      | CUSIP: 46514BRM1<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    500000 | PA      | $444740.00    | 0.01%             | 2054-03-12      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133APW70<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1713869 | PA      | $1356263.99   | 0.03%             | 2051-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                                      | CUSIP: 94106LBW8<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249435.00    | 0.00%             | 2034-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2016-NXS5                                  | Wells Fargo Commercial Mortgage Trust 2016-NXS5                                           | CUSIP: 95000CAZ6<br>LEI: 549300SGFUCMB43V8P22 | Long             | ABS-MBS          | CORP              | US        |    121790 | PA      | $121144.31    | 0.00%             | 2059-01-15      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | Fiserv Inc                                                                                | CUSIP: 337738BM9<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149643.00    | 0.00%             | 2030-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YBL2<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $216177.50    | 0.00%             | 2031-09-08      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752AH6<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    150000 | PA      | $121374.00    | 0.00%             | 2048-03-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| AFRICAN DEVELOPMENT BANK                                                         | African Development Bank                                                                  | CUSIP: 00828EER6<br>LEI: 549300LNCLMO3ITVCU07 | Long             | DBT              | NUSS              | XX        |    250000 | PA      | $253042.50    | 0.00%             | 2028-03-14      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ORIX CORP                                                                        | ORIX Corp                                                                                 | CUSIP: 686329AB9<br>LEI: 35380016EMHNBOVYE123 | Long             | DBT              | CORP              | JP        |     95000 | PA      | $94634.25     | 0.00%             | 2035-02-25      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DWX6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1940801 | PA      | $1763604.22   | 0.03%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                          | HCA Inc                                                                                   | CUSIP: 404119BV0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    275000 | PA      | $249427.75    | 0.00%             | 2047-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738ECG8<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $417860.00    | 0.01%             | 2034-05-09      | Fixed         | 6.22%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                            | CUSIP: 58933YBM6<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    250000 | PA      | $224145.00    | 0.00%             | 2053-05-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                                                          | Arthur J Gallagher & Co                                                                   | CUSIP: 04316JAH2<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |    102000 | PA      | $103114.86    | 0.00%             | 2034-07-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                                        | CUSIP: 756109AX2<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    200000 | PA      | $184896.00    | 0.00%             | 2031-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| President & Fellows of Harvard College                                           | President and Fellows of Harvard College                                                  | CUSIP: 740816AN3<br>LEI: 6S3X7J22E861RNTJSA74 | Long             | DBT              | CORP              | US        |    100000 | PA      | $66057.00     | 0.00%             | 2056-07-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ASSE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    227608 | PA      | $224024.14    | 0.00%             | 2041-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| President and Fellows of Harvard College                                         | President and Fellows of Harvard College                                                  | CUSIP: 740816AP8<br>LEI: 6S3X7J22E861RNTJSA74 | Long             | DBT              | CORP              | US        |    100000 | PA      | $58252.00     | 0.00%             | 2050-10-15      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds                                       | Philippines Government International Bonds                                                | CUSIP: 718286DA2<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    200000 | PA      | $202406.00    | 0.00%             | 2034-05-14      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CONSOLIDATED                                                           | Coca-Cola Consolidated Inc                                                                | CUSIP: 191098AM4<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102339.00    | 0.00%             | 2029-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QPYC5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2476864 | PA      | $2429303.88   | 0.05%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                               | CUSIP: 302154EE5<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $197080.00    | 0.00%             | 2029-09-11      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK CORP                                                                   | Brunswick Corp/DE                                                                         | CUSIP: 117043AV1<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |     75000 | PA      | $55644.75     | 0.00%             | 2052-04-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CGH8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8000000 | PA      | $7927187.52   | 0.15%             | 2028-01-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TENN VALLEY AUTHORITY                                                            | Tennessee Valley Authority                                                                | CUSIP: 880591EJ7<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    150000 | PA      | $127572.00    | 0.00%             | 2060-09-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| UDR INC                                                                          | UDR Inc                                                                                   | CUSIP: 90265EAR1<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              |  | US        |    100000 | PA      | $89756.00     | 0.00%             | 2031-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Caterpillar Financial Services Corp                                              | Caterpillar Financial Services Corp                                                       | CUSIP: 14912L6T3<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    162000 | PA      | $158445.72    | 0.00%             | 2026-08-09      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91087BAN0<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    600000 | PA      | $338088.00    | 0.01%             | 2061-05-24      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJ2M1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    680722 | PA      | $616059.81    | 0.01%             | 2047-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3142GRVV9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1624329 | PA      | $1644814.74   | 0.03%             | 2054-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397ZR7<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    225000 | PA      | $216477.00    | 0.00%             | 2029-05-03      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                                 | CUSIP: 911312CF1<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93303.00     | 0.00%             | 2064-05-22      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                 | CUSIP: 00774MAW5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    600000 | PA      | $566646.00    | 0.01%             | 2028-10-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CNH INDUSTRIAL CAP LLC                                                           | CNH Industrial Capital LLC                                                                | CUSIP: 12592BAS3<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101305.00    | 0.00%             | 2029-04-20      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132JNCS4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     48857 | PA      | $46489.98     | 0.00%             | 2043-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 63743HFG2<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101116.00    | 0.00%             | 2028-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                               | CUSIP: 68389XCK9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    450000 | PA      | $486198.00    | 0.01%             | 2052-11-09      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV5Y7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    273820 | PA      | $245753.08    | 0.00%             | 2050-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448FF0<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    150000 | PA      | $103603.50    | 0.00%             | 2041-10-21      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MDQ0<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $199946.00    | 0.00%             | 2044-07-09      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                          | CUSIP: 05526DBK0<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    225000 | PA      | $180877.50    | 0.00%             | 2049-09-06      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457CK2<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201694.00    | 0.00%             | 2029-02-09      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CBP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11500000 | PA      | $10686464.82  | 0.20%             | 2028-02-29      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                                                            | Republic Services Inc                                                                     | CUSIP: 760759AX8<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |    250000 | PA      | $210590.00    | 0.00%             | 2031-02-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179QJR3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    153044 | PA      | $135946.64    | 0.00%             | 2044-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Eaton Corp                                                                       | Eaton Corp                                                                                | CUSIP: 278062AG9<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146607.00    | 0.00%             | 2027-09-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202FMB9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    133389 | PA      | $130958.28    | 0.00%             | 2040-11-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                                                      | Exelon Corp                                                                               | CUSIP: 30161NBE0<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90868.00     | 0.00%             | 2032-03-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810RV2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5500000 | PA      | $4044218.75   | 0.08%             | 2047-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U2U6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    700000 | PA      | $628761.00    | 0.01%             | 2033-03-02      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833ES5<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149959.50    | 0.00%             | 2026-05-08      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 172967PU9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    550000 | PA      | $552112.00    | 0.01%             | 2036-01-24      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312936NA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     12147 | PA      | $12022.38     | 0.00%             | 2039-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810RD2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3902900 | PA      | $3345517.09   | 0.06%             | 2043-11-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Darden Restaurants Inc                                                           | Darden Restaurants Inc                                                                    | CUSIP: 237194AL9<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98719.00     | 0.00%             | 2027-05-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                                                         | ONEOK Inc                                                                                 | CUSIP: 29336UAC1<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     75000 | PA      | $67155.75     | 0.00%             | 2044-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                               | CUSIP: 797440CD4<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |    150000 | PA      | $136179.00    | 0.00%             | 2053-04-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78016FZU1<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $259180.00    | 0.00%             | 2027-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AUTONATION INC                                                                   | AutoNation Inc                                                                            | CUSIP: 05329WAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $68978.25     | 0.00%             | 2028-08-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| RPM International Inc                                                            | RPM International Inc                                                                     | CUSIP: 749685AV5<br>LEI: 549300TJCKW4BRXPJ474 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49259.00     | 0.00%             | 2027-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                                                                   | Starbucks Corp                                                                            | CUSIP: 855244AR0<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147879.00    | 0.00%             | 2028-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASTE CONNECTIONS INC                                                            | Waste Connections Inc                                                                     | CUSIP: 94106BAE1<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $90051.00     | 0.00%             | 2032-06-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Dollar General Corp                                                              | Dollar General Corp                                                                       | CUSIP: 256677AE5<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98637.00     | 0.00%             | 2027-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308HL4<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74462.00     | 0.00%             | 2045-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                                      | CUSIP: 94106LBM0<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $86436.00     | 0.00%             | 2050-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue            | Regents of the University of California Medical Center Pooled Revenue                     | CUSIP: 913366KC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $61352.60     | 0.00%             | 2060-05-15      | Fixed         | 3.26%                 | No            |                  2 | On Loan: No      |
| PIEDMONT NATURAL GAS CO                                                          | Piedmont Natural Gas Co Inc                                                               | CUSIP: 720186AM7<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $64464.00     | 0.00%             | 2050-06-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PAJ5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    475000 | PA      | $409321.75    | 0.01%             | 2038-07-24      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                                                             | Parker-Hannifin Corp                                                                      | CUSIP: 70109HAJ4<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |     50000 | PA      | $53651.50     | 0.00%             | 2038-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                                                  | Cigna Group/The                                                                           | CUSIP: 125523CW8<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    325000 | PA      | $300751.75    | 0.01%             | 2054-02-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| America Movil SAB de CV                                                          | America Movil SAB de CV                                                                   | CUSIP: 02364WAW5<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |    430000 | PA      | $437998.00    | 0.01%             | 2040-03-30      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                         | CUSIP: 30040WAU2<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147393.00    | 0.00%             | 2033-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3131Y0MU3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     50298 | PA      | $48411.67     | 0.00%             | 2048-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QS4J7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1530158 | PA      | $1562772.94   | 0.03%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YYY4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    568087 | PA      | $581485.95    | 0.01%             | 2054-06-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Koninklijke Philips NV                                                           | Koninklijke Philips NV                                                                    | CUSIP: 500472AE5<br>LEI: H1FJE8H61JGM1JSGM897 | Long             | DBT              | CORP              | NL        |     95000 | PA      | $83115.50     | 0.00%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COOPERAT RABOBANK UA/NY                                                          | Cooperatieve Rabobank UA/NY                                                               | CUSIP: 21688AAY8<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $253765.00    | 0.00%             | 2026-10-05      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NBE0<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86778.00     | 0.00%             | 2042-07-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TKT1<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300039.00    | 0.01%             | 2026-05-18      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UZR6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     91609 | PA      | $77365.96     | 0.00%             | 2049-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810QW1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2505300 | PA      | $1961180.16   | 0.04%             | 2042-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X7UW7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    558273 | PA      | $508667.50    | 0.01%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119CS6<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80826.00     | 0.00%             | 2042-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL SA                                                         | TotalEnergies Capital SA                                                                  | CUSIP: 89157XAF8<br>LEI: 529900QI55ZLJVCMPA71 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $182020.00    | 0.00%             | 2064-09-10      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| TAKEDA PHARMACEUTICAL                                                            | Takeda Pharmaceutical Co Ltd                                                              | CUSIP: 874060BK1<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $200180.00    | 0.00%             | 2034-07-05      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400HT3<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    125000 | PA      | $127155.00    | 0.00%             | 2032-11-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Puget Sound Energy Inc                                                           | Puget Sound Energy Inc                                                                    | CUSIP: 745332CH7<br>LEI: 8MNFJR7KOMBQ7X62LK44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77796.00     | 0.00%             | 2048-06-15      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| Panama Government International Bonds                                            | Panama Government International Bonds                                                     | CUSIP: 698299BY9<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    200000 | PA      | $207824.00    | 0.00%             | 2038-03-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                                   | CUSIP: 742718DF3<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    150000 | PA      | $159774.00    | 0.00%             | 2037-03-05      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Southwest Airlines Co                                                            | Southwest Airlines Co                                                                     | CUSIP: 844741BC1<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | DBT              | CORP              | US        |     95000 | PA      | $92639.25     | 0.00%             | 2026-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AFRICAN DEVELOPMENT BANK                                                         | African Development Bank                                                                  | CUSIP: 00828EEZ8<br>LEI: 549300LNCLMO3ITVCU07 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $501095.00    | 0.01%             | 2027-02-25      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DQA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2444351 | PA      | $2108446.41   | 0.04%             | 2050-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING Groep NV                                                                              | CUSIP: 456837BM4<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $201370.00    | 0.00%             | 2035-03-19      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO                                                              | Consumers Energy Co                                                                       | CUSIP: 210518DW3<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100624.00    | 0.00%             | 2029-05-30      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6BD1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    912979 | PA      | $803281.02    | 0.02%             | 2037-01-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| DTE Electric Co                                                                  | DTE Electric Co                                                                           | CUSIP: 23338VAG1<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |    150000 | PA      | $111715.50    | 0.00%             | 2047-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                                                          | Jefferies Financial Group Inc                                                             | CUSIP: 47233WBM0<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205484.00    | 0.00%             | 2028-07-21      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140GVZ32<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     74027 | PA      | $67213.06     | 0.00%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179M2Q2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    410094 | PA      | $376261.29    | 0.01%             | 2043-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CZG2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    218442 | PA      | $197017.44    | 0.00%             | 2048-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJUX6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     23468 | PA      | $21534.61     | 0.00%             | 2044-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JCD4<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $57043.00     | 0.00%             | 2051-11-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV4V4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    628023 | PA      | $542735.24    | 0.01%             | 2050-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BLACKROCK INC                                                                    | Blackrock Inc                                                                             | CUSIP: 09247XAT8<br>LEI: 529900VBK42Y5HHRMD23 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200058.00    | 0.00%             | 2033-05-25      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                                                      | Bell Telephone Co of Canada or Bell Canada                                                | CUSIP: 0778FPAG4<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $83071.00     | 0.00%             | 2032-02-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D56J6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    961955 | PA      | $852315.95    | 0.02%             | 2035-11-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Appalachian Power Co                                                             | Appalachian Power Co                                                                      | CUSIP: 037735CW5<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97730.00     | 0.00%             | 2027-06-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UST0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    186729 | PA      | $168234.26    | 0.00%             | 2049-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XQT80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    449757 | PA      | $464510.45    | 0.01%             | 2054-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                                   | CUSIP: 808513BR5<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145510.50    | 0.00%             | 2026-05-13      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31416RRG0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     25352 | PA      | $25059.40     | 0.00%             | 2039-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661EA1<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    250000 | PA      | $222990.00    | 0.00%             | 2031-04-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                                                      | Exelon Corp                                                                               | CUSIP: 30161NBL4<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    175000 | PA      | $162921.50    | 0.00%             | 2053-03-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                          | CUSIP: 05526DBU8<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     75000 | PA      | $52470.75     | 0.00%             | 2050-09-25      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                                     | CUSIP: 88579YBD2<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |    150000 | PA      | $116007.00    | 0.00%             | 2048-09-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                                                   | Microsoft Corp                                                                            | CUSIP: 594918CS1<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86727.00     | 0.00%             | 2030-09-15      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36177N7C8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    111590 | PA      | $100216.09    | 0.00%             | 2042-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CEC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8500000 | PA      | $8205654.27   | 0.15%             | 2027-02-28      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                            | CUSIP: 594918AD6<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77598.75     | 0.00%             | 2039-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK OP LLC                                                                | Healthpeak OP LLC                                                                         | CUSIP: 42250PAD5<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              |  | US        |     75000 | PA      | $68911.50     | 0.00%             | 2028-12-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GKQ1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    600000 | PA      | $582234.00    | 0.01%             | 2033-04-27      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                               | CUSIP: 438516CT1<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    300000 | PA      | $278355.00    | 0.01%             | 2054-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335ATP3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     39136 | PA      | $40187.97     | 0.00%             | 2040-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                            | CUSIP: 10373QCA6<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    425000 | PA      | $424345.50    | 0.01%             | 2034-11-17      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YEU5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    400000 | PA      | $394368.00    | 0.01%             | 2033-07-20      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                 | CUSIP: 00774MAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    250000 | PA      | $244520.00    | 0.00%             | 2027-07-21      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets America Inc                                                   | BP Capital Markets America Inc                                                            | CUSIP: 10373QAZ3<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98762.00     | 0.00%             | 2027-04-14      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                                                             | Boston Properties LP                                                                      | CUSIP: 10112RBH6<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |    150000 | PA      | $157779.00    | 0.00%             | 2034-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                                         | Western Midstream Operating LP                                                            | CUSIP: 958254AJ3<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    150000 | PA      | $121771.50    | 0.00%             | 2048-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                                              | Fifth Third Bancorp                                                                       | CUSIP: 316773DL1<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205550.00    | 0.00%             | 2032-01-29      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PCD6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    375000 | PA      | $276513.75    | 0.01%             | 2042-04-22      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457CH9<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    225000 | PA      | $198315.00    | 0.00%             | 2063-02-27      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179Y5P5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    121497 | PA      | $125099.01    | 0.00%             | 2054-08-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XFB7<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200290.00    | 0.00%             | 2030-01-07      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                           | CUSIP: 500769CH5<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    450000 | PA      | $260118.00    | 0.00%             | 2037-06-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Alabama Power Co                                                                 | Alabama Power Co                                                                          | CUSIP: 010392FM5<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76269.00     | 0.00%             | 2045-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TF83<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     49244 | PA      | $48096.22     | 0.00%             | 2032-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | Municipal Electric Authority of Georgia                                                   | CUSIP: 626207YF5<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    138000 | PA      | $146864.84    | 0.00%             | 2057-04-01      | Fixed         | 6.64%                 | No            |                  2 | On Loan: No      |
| VENTAS REALTY LP                                                                 | Ventas Realty LP                                                                          | CUSIP: 92277GAX5<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |    100000 | PA      | $101179.00    | 0.00%             | 2034-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3129404Y2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     31891 | PA      | $31551.26     | 0.00%             | 2040-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 3618N5ET2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    426294 | PA      | $402426.60    | 0.01%             | 2055-01-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VBW2<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    250000 | PA      | $191765.00    | 0.00%             | 2050-01-31      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                       | PacifiCorp                                                                                | CUSIP: 695114CV8<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    150000 | PA      | $110910.00    | 0.00%             | 2050-02-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                              | CUSIP: 29250NCA1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $126505.00    | 0.00%             | 2027-04-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STORE CAPITAL LLC                                                                | Store Capital LLC                                                                         | CUSIP: 862121AD2<br>LEI: 254900Z9PIEFQ6AYXK50 | Long             | DBT              |  | US        |     75000 | PA      | $62766.00     | 0.00%             | 2031-12-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Canadian Pacific Railway Co                                                      | Canadian Pacific Railway Co                                                               | CUSIP: 13645RAX2<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $195606.00    | 0.00%             | 2115-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| TPG OPERATING GROUP II                                                           | TPG Operating Group II LP                                                                 | CUSIP: 872652AA0<br>LEI: 2549001H9RJQNZT7MU11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101124.00    | 0.00%             | 2034-03-05      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WQNL2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     71500 | PA      | $62141.46     | 0.00%             | 2043-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GEORGE WASHINGTON UNIVER                                                         | George Washington University/The                                                          | CUSIP: 372546AU5<br>LEI: 5493002S4P5IVD462L47 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44508.00     | 0.00%             | 2045-09-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128ME5D9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    672482 | PA      | $643045.70    | 0.01%             | 2032-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CGM7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  18400000 | PA      | $17528875.00  | 0.33%             | 2033-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                                                              | Gilead Sciences Inc                                                                       | CUSIP: 375558BT9<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    250000 | PA      | $152612.50    | 0.00%             | 2050-10-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DZ21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1650944 | PA      | $1495838.94   | 0.03%             | 2036-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HELMERICH & PAYNE INC                                                            | Helmerich & Payne Inc                                                                     | CUSIP: 423452AK7<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88414.00     | 0.00%             | 2034-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Energy Partners LP                                                 | Kinder Morgan Energy Partners LP                                                          | CUSIP: 494550BH8<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100922.00    | 0.00%             | 2041-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312939C74<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     22957 | PA      | $22720.93     | 0.00%             | 2040-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                                         | Cooperatieve Rabobank UA                                                                  | CUSIP: 21685WCJ4<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $192800.00    | 0.00%             | 2041-05-24      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WBRC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    169220 | PA      | $162175.16    | 0.00%             | 2044-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                                                             | Boston Properties LP                                                                      | CUSIP: 10112RBF0<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |    150000 | PA      | $117814.50    | 0.00%             | 2033-10-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                           | CUSIP: 4581X0EM6<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    250000 | PA      | $251430.00    | 0.00%             | 2027-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                                                      | KeyBank NA/Cleveland OH                                                                   | CUSIP: 49327V2C7<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |    250000 | PA      | $236162.50    | 0.00%             | 2032-08-08      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                               | VICI Properties LP                                                                        | CUSIP: 925650AG8<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |    100000 | PA      | $96003.00     | 0.00%             | 2054-04-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| TEXAS EASTERN TRANSMISSI                                                         | Texas Eastern Transmission LP                                                             | CUSIP: 882389CC1<br>LEI: 549300SIOULUXXIDGA69 | Long             | DBT              | CORP              | US        |    100000 | PA      | $109221.00    | 0.00%             | 2032-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122DX3<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    200000 | PA      | $139240.00    | 0.00%             | 2062-03-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                                      | CUSIP: 743315AL7<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |    150000 | PA      | $163144.50    | 0.00%             | 2032-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810FB9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1509500 | PA      | $1588807.71   | 0.03%             | 2027-11-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                            | CUSIP: 10373QBS8<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    250000 | PA      | $152865.00    | 0.00%             | 2052-03-17      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175CE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $172992.50    | 0.00%             | 2042-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J9NN7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1278532 | PA      | $1144502.34   | 0.02%             | 2047-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                                                                 | Kilroy Realty LP                                                                          | CUSIP: 49427RAP7<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              |  | US        |     75000 | PA      | $66421.50     | 0.00%             | 2030-02-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830BT5<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    125000 | PA      | $95943.75     | 0.00%             | 2062-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| MOTOROLA SOLUTIONS INC                                                           | Motorola Solutions Inc                                                                    | CUSIP: 620076BY4<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50559.50     | 0.00%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844BS6<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196934.00    | 0.00%             | 2026-06-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418BJX5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    144242 | PA      | $138945.24    | 0.00%             | 2034-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179Y5J9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    981002 | PA      | $926807.26    | 0.02%             | 2054-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                                                                | Brown & Brown Inc                                                                         | CUSIP: 115236AE1<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93576.00     | 0.00%             | 2032-03-17      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                                   | CUSIP: 828807DL8<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    175000 | PA      | $163745.75    | 0.00%             | 2028-02-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                                   | Merck & Co Inc                                                                            | CUSIP: 806605AG6<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    100000 | PA      | $111620.00    | 0.00%             | 2033-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                                     | CUSIP: 88579YAV3<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145888.50    | 0.00%             | 2026-09-19      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                                   | CUSIP: 55336VBU3<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146115.00    | 0.00%             | 2032-09-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | Dominion Energy Inc                                                                       | CUSIP: 25746UDV8<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200318.00    | 0.00%             | 2055-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                             | Las Vegas Sands Corp                                                                      | CUSIP: 517834AF4<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140923.50    | 0.00%             | 2029-08-08      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| SABRA HEALTH CARE LP                                                             | Sabra Health Care LP                                                                      | CUSIP: 78574MAA1<br>LEI: 549300OVKLRFSIQG0H81 | Long             | DBT              |  | US        |    150000 | PA      | $130794.00    | 0.00%             | 2031-12-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128P8DV0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     64563 | PA      | $59110.88     | 0.00%             | 2037-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                                                              | Gilead Sciences Inc                                                                       | CUSIP: 375558CA9<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    175000 | PA      | $168115.50    | 0.00%             | 2053-10-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179NTE8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     69524 | PA      | $65921.65     | 0.00%             | 2043-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JACKSON FINANCIAL INC                                                            | Jackson Financial Inc                                                                     | CUSIP: 46817MAL1<br>LEI: 213800WXW2KG1N4CO374 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87087.00     | 0.00%             | 2031-11-23      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U2D4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    475000 | PA      | $469167.00    | 0.01%             | 2029-01-24      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967AR2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105708.00    | 0.00%             | 2028-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CORP ANDINA DE FOMENTO                                                           | Corp Andina de Fomento                                                                    | CUSIP: 219868CH7<br>LEI: UKZ46SXGNYCZK0UOZE76 | Long             | DBT              | NUSS              | XX        |    300000 | PA      | $309180.00    | 0.01%             | 2027-04-26      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UPMC                                                                             | UPMC                                                                                      | CUSIP: 90320WAG8<br>LEI: 5493001YCBUGKVU74S74 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147738.00    | 0.00%             | 2033-05-15      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VVY3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2268827 | PA      | $1906324.82   | 0.04%             | 2050-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                                                               | Steel Dynamics Inc                                                                        | CUSIP: 858119BT6<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70692.00     | 0.00%             | 2055-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| EMERSON ELECTRIC CO                                                              | Emerson Electric Co                                                                       | CUSIP: 291011BQ6<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $185202.00    | 0.00%             | 2028-12-21      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CHILDREN'S HEATH SYS TX                                                          | Children's Health System of Texas                                                         | CUSIP: 16876HAB5<br>LEI: 254900FK4IY1J5YO2L69 | Long             | DBT              | CORP              | US        |    150000 | PA      | $85396.50     | 0.00%             | 2050-08-15      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| ENTERGY MISSISSIPPI LLC                                                          | Entergy Mississippi LLC                                                                   | CUSIP: 29366WAB2<br>LEI: 54930043I78H35DVVW89 | Long             | DBT              | CORP              | US        |     75000 | PA      | $50403.75     | 0.00%             | 2051-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138YR5K0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    269236 | PA      | $236811.71    | 0.00%             | 2045-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 172967PF2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    500000 | PA      | $506755.00    | 0.01%             | 2030-02-13      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| California Earthquake Authority                                                  | California Earthquake Authority                                                           | CUSIP: 13017HAP1<br>LEI: 254900P2MGLOUH3QS859 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100740.80    | 0.00%             | 2027-07-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EUU1<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96965.00     | 0.00%             | 2029-03-07      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804GL2<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92379.00     | 0.00%             | 2053-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66 CO                                                                   | Phillips 66 Co                                                                            | CUSIP: 718547AU6<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    225000 | PA      | $228012.75    | 0.00%             | 2031-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State Board of Administration Finance Corp                                       | State Board of Administration Finance Corp.                                               | CUSIP: 341271AH7<br>LEI: 549300S34SOJ0RULXM35 | Long             | DBT              | MUN               | US        |    200000 | PA      | $201996.00    | 0.00%             | 2034-07-01      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| Peru Government International Bonds                                              | Peru Government International Bonds                                                       | CUSIP: 715638DU3<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    400000 | PA      | $333440.00    | 0.01%             | 2034-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Dominion Energy South Carolina Inc                                               | Dominion Energy South Carolina Inc                                                        | CUSIP: 837004CE8<br>LEI: 3QRVFYR22IUIEOORTK28 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96162.00     | 0.00%             | 2041-02-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                                      | CUSIP: 94106LBP3<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $126817.50    | 0.00%             | 2031-03-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DHD7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    513717 | PA      | $479627.41    | 0.01%             | 2034-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                                  | CUSIP: 126408HH9<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146970.00    | 0.00%             | 2027-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687DZ6<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    150000 | PA      | $165135.00    | 0.00%             | 2034-12-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YDJ0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1337810 | PA      | $1303876.37   | 0.02%             | 2053-08-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                                                  | Israel Government International Bond                                                      | CUSIP: 46513JB42<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    300000 | PA      | $204027.00    | 0.00%             | 2050-07-03      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                                                      | Exelon Corp                                                                               | CUSIP: 30161NBS9<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72489.00     | 0.00%             | 2055-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| COUNCIL OF EUROPE                                                                | Council Of Europe Development Bank                                                        | CUSIP: 222213BG4<br>LEI: 549300UYNXMI821WYG82 | Long             | DBT              | NUSS              | XX        |    300000 | PA      | $306018.00    | 0.01%             | 2030-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                                        | CUSIP: 05964HBK0<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $207628.00    | 0.00%             | 2035-01-17      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| AGILENT TECHNOLOGIES INC                                                         | Agilent Technologies Inc                                                                  | CUSIP: 00846UAR2<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96560.00     | 0.00%             | 2034-09-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                                | Johnson & Johnson                                                                         | CUSIP: 478160DG6<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151248.00    | 0.00%             | 2027-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                                                         | Omega Healthcare Investors Inc                                                            | CUSIP: 681936BM1<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              |  | US        |    150000 | PA      | $135432.00    | 0.00%             | 2031-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWJ53<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1557531 | PA      | $1575673.56   | 0.03%             | 2053-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38148LAF3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    350000 | PA      | $308595.00    | 0.01%             | 2045-05-22      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Regeneron Pharmaceuticals Inc                                                    | Regeneron Pharmaceuticals Inc                                                             | CUSIP: 75886FAF4<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | DBT              | CORP              | US        |    150000 | PA      | $86083.50     | 0.00%             | 2050-09-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Constellation Brands Inc                                                         | Constellation Brands Inc                                                                  | CUSIP: 21036PBC1<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100125.00    | 0.00%             | 2028-11-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                                                                | Ares Capital Corp                                                                         | CUSIP: 04010LBG7<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152635.50    | 0.00%             | 2029-07-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                                       | CUSIP: 25746UCC1<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     50000 | PA      | $41796.00     | 0.00%             | 2044-12-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BLACKROCK TCP CAP CORP                                                           | BlackRock TCP Capital Corp                                                                | CUSIP: 09259EAC2<br>LEI: 549300JU1XG1HF56J989 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75976.50     | 0.00%             | 2029-05-30      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                           | CUSIP: 126650CY4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    900000 | PA      | $800469.00    | 0.02%             | 2038-03-25      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYVF3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    703185 | PA      | $595670.92    | 0.01%             | 2041-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                               | Meta Platforms Inc                                                                        | CUSIP: 30303M8T2<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200934.00    | 0.00%             | 2031-08-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172CP2<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $133506.00    | 0.00%             | 2030-05-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202FM78<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    467391 | PA      | $443593.84    | 0.01%             | 2040-12-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | Moody's Corp                                                                              | CUSIP: 615369AV7<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $68452.00     | 0.00%             | 2041-08-19      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                                | General Motors Co                                                                         | CUSIP: 37045VAQ3<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    150000 | PA      | $126463.50    | 0.00%             | 2048-04-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DVKS3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    334577 | PA      | $321732.42    | 0.01%             | 2049-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INTUIT INC                                                                       | Intuit Inc                                                                                | CUSIP: 46124HAH9<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | DBT              | CORP              | US        |    225000 | PA      | $217849.50    | 0.00%             | 2053-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALBEMARLE CORP                                                                   | Albemarle Corp                                                                            | CUSIP: 012653AE1<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92907.00     | 0.00%             | 2032-06-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                                                              | American Tower Corp                                                                       | CUSIP: 03027XAR1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    100000 | PA      | $97744.00     | 0.00%             | 2028-01-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JCM4<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86479.00     | 0.00%             | 2052-09-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                                  | CUSIP: 298785JH0<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $422605.00    | 0.01%             | 2030-09-23      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810SZ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13100000 | PA      | $7362609.38   | 0.14%             | 2051-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D3H3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4056113 | PA      | $3325364.60   | 0.06%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DSK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    685620 | PA      | $590657.44    | 0.01%             | 2050-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DICK'S SPORTING GOODS                                                            | Dick's Sporting Goods Inc                                                                 | CUSIP: 253393AG7<br>LEI: 529900SSBV5I4LWSK313 | Long             | DBT              | CORP              | US        |    200000 | PA      | $137410.00    | 0.00%             | 2052-01-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                                                              | Dow Chemical Co/The                                                                       | CUSIP: 260543DL4<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72735.75     | 0.00%             | 2035-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                                | CUSIP: 14040HDG7<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203804.00    | 0.00%             | 2030-07-26      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 969457BM1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     50000 | PA      | $59673.50     | 0.00%             | 2032-03-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PEL2<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    225000 | PA      | $185116.50    | 0.00%             | 2062-05-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| International Paper Co                                                           | International Paper Co                                                                    | CUSIP: 460146CM3<br>LEI: 824LMFJDH41EY779Q875 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72334.50     | 0.00%             | 2035-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PacifiCorp                                                                                | CUSIP: 695114CZ9<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176044.00    | 0.00%             | 2053-12-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                             | CUSIP: 345370DA5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    500000 | PA      | $413170.00    | 0.01%             | 2032-02-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                                 | CUSIP: 674599DZ5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105732.00    | 0.00%             | 2027-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF GAS CO                                                            | Southern California Gas Co                                                                | CUSIP: 842434CW0<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146320.50    | 0.00%             | 2027-04-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| TRACTOR SUPPLY CO                                                                | Tractor Supply Co                                                                         | CUSIP: 892356AB2<br>LEI: 549300OJ9VZHZRO6I137 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149796.00    | 0.00%             | 2033-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GATX Corp                                                                        | GATX Corp                                                                                 | CUSIP: 361448BA0<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145809.00    | 0.00%             | 2028-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                                                | Travelers Cos Inc/The                                                                     | CUSIP: 89417EAH2<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98227.00     | 0.00%             | 2040-11-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| WEYERHAEUSER CO                                                                  | Weyerhaeuser Co                                                                           | CUSIP: 962166CB8<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              |  | US        |     75000 | PA      | $54612.00     | 0.00%             | 2052-03-09      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH                                                              | Suzano Austria GmbH                                                                       | CUSIP: 86964WAL6<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |    100000 | PA      | $91977.00     | 0.00%             | 2028-09-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EQUINOR ASA                                                                      | Equinor ASA                                                                               | CUSIP: 29446MAE2<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |    200000 | PA      | $196438.00    | 0.00%             | 2027-04-06      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Progress Energy Inc                                                              | Progress Energy Inc                                                                       | CUSIP: 743263AE5<br>LEI: 549300FBMTW0JYWMNB26 | Long             | DBT              | CORP              | US        |    150000 | PA      | $171223.50    | 0.00%             | 2031-03-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844CU0<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99513.00     | 0.00%             | 2064-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                         | CUSIP: 30040WAR9<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75147.75     | 0.00%             | 2027-07-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                                                            | Entergy Louisiana LLC                                                                     | CUSIP: 29364WAW8<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97234.00     | 0.00%             | 2028-04-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                                        | CUSIP: 756109CF9<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    100000 | PA      | $100536.00    | 0.00%             | 2029-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                                 | CUSIP: 674599EH4<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100074.00    | 0.00%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457CR7<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195266.00    | 0.00%             | 2034-08-14      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 89116CQJ9<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $198700.00    | 0.00%             | 2034-09-10      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MFU3<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101540.00    | 0.00%             | 2028-08-14      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| SENTARA HEALTHCARE                                                               | Sentara Health                                                                            | CUSIP: 81728XAA6<br>LEI: 5493002B0YWN6UH30V71 | Long             | DBT              | CORP              | US        |     75000 | PA      | $46198.50     | 0.00%             | 2051-11-01      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844CD8<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $68122.00     | 0.00%             | 2049-11-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                                                         | CenterPoint Energy Houston Electric LLC                                                   | CUSIP: 15189XBC1<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     75000 | PA      | $68788.50     | 0.00%             | 2053-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PDZ2<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    250000 | PA      | $150410.00    | 0.00%             | 2050-05-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                                        | CUSIP: 756109BP8<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    150000 | PA      | $155188.50    | 0.00%             | 2032-10-13      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LEND                                                          | Blackstone Secured Lending Fund                                                           | CUSIP: 09261XAK8<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73752.75     | 0.00%             | 2030-06-30      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179MNH9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    571400 | PA      | $524259.73    | 0.01%             | 2042-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UWA6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     57059 | PA      | $54953.32     | 0.00%             | 2049-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Phillips 66                                                                      | Phillips 66                                                                               | CUSIP: 718546AL8<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |    300000 | PA      | $252960.00    | 0.00%             | 2044-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ESSENTIAL UTILITIES INC                                                          | Essential Utilities Inc                                                                   | CUSIP: 29670GAE2<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |    100000 | PA      | $63920.00     | 0.00%             | 2050-04-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Principal Financial Group Inc                                                    | Principal Financial Group Inc                                                             | CUSIP: 74251VAM4<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97928.00     | 0.00%             | 2026-11-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                                                  | Caterpillar Inc                                                                           | CUSIP: 149123CB5<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |    350000 | PA      | $283293.50    | 0.01%             | 2042-08-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                               | VICI Properties LP                                                                        | CUSIP: 925650AE3<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |    150000 | PA      | $134389.50    | 0.00%             | 2052-05-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214FC2<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    200000 | PA      | $199616.00    | 0.00%             | 2027-08-26      | Fixed         | 4.04%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                         | CUSIP: 780097BP5<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $193990.00    | 0.00%             | 2028-05-22      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | Lloyds Banking Group PLC                                                                  | CUSIP: 53944YBC6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $201882.00    | 0.00%             | 2028-11-26      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Boardwalk Pipelines LP                                                           | Boardwalk Pipelines LP                                                                    | CUSIP: 096630AF5<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99708.00     | 0.00%             | 2027-07-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TSF3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    225962 | PA      | $199044.99    | 0.00%             | 2048-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138LY4U8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     21849 | PA      | $20228.17     | 0.00%             | 2042-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3131XX3V1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    226574 | PA      | $211650.15    | 0.00%             | 2047-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804GE8<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     75000 | PA      | $64802.25     | 0.00%             | 2031-11-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EVF3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    200000 | PA      | $191548.00    | 0.00%             | 2027-03-09      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31406GUK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    226438 | PA      | $232311.21    | 0.00%             | 2035-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                         | CUSIP: 293791AF6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     50000 | PA      | $55300.00     | 0.00%             | 2033-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FHZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1454885 | PA      | $1469953.89   | 0.03%             | 2055-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                                                               | Conagra Brands Inc                                                                        | CUSIP: 205887CD2<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |    175000 | PA      | $164020.50    | 0.00%             | 2038-11-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                                                                    | DTE Energy Co                                                                             | CUSIP: 233331BN6<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203558.00    | 0.00%             | 2030-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                                                 | Ryder System Inc                                                                          | CUSIP: 78355HKW8<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101962.00    | 0.00%             | 2028-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FIN                                                           | Berkshire Hathaway Finance Corp                                                           | CUSIP: 084664CZ2<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145756.50    | 0.00%             | 2027-03-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                                                 | Georgia Power Co                                                                          | CUSIP: 373334KT7<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198644.00    | 0.00%             | 2033-05-17      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| WOODSIDE FINANCE LTD                                                             | Woodside Finance Ltd                                                                      | CUSIP: 980236AS2<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | AU        |    150000 | PA      | $130591.50    | 0.00%             | 2054-09-12      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Bank NA                                                              | Wells Fargo Bank NA                                                                       | CUSIP: 92976GAJ0<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | DBT              | CORP              | US        |    250000 | PA      | $270977.50    | 0.01%             | 2038-01-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Southern California Edison Co                                                    | Southern California Edison Co                                                             | CUSIP: 842400GE7<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $67160.00     | 0.00%             | 2045-02-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                                                | Travelers Cos Inc/The                                                                     | CUSIP: 89417EAK5<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     75000 | PA      | $62143.50     | 0.00%             | 2045-08-25      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 94974BGU8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    300000 | PA      | $248688.00    | 0.00%             | 2046-12-07      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Steel Dynamics Inc                                                               | Steel Dynamics Inc                                                                        | CUSIP: 858119BF6<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99962.00     | 0.00%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Energy Co                                                     | Berkshire Hathaway Energy Co                                                              | CUSIP: 084659AM3<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146076.00    | 0.00%             | 2028-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| EXPORT DEVELOPMNT CANADA                                                         | Export Development Canada                                                                 | CUSIP: 30216BJR4<br>LEI: Z6MHCSLXHKYG4B6PHW02 | Long             | DBT              | NUSS              | CA        |    550000 | PA      | $539308.00    | 0.01%             | 2027-05-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M5VT4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     45386 | PA      | $47430.08     | 0.00%             | 2038-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                           | CUSIP: 842587DS3<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207312.00    | 0.00%             | 2029-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HP INC                                                                           | HP Inc                                                                                    | CUSIP: 40434LAK1<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193846.00    | 0.00%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VBC6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $180664.00    | 0.00%             | 2045-02-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WG28<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2322908 | PA      | $1868008.30   | 0.04%             | 2051-06-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AUST & NZ BANKING GRP NY                                                         | Australia & New Zealand Banking Group Ltd/New York NY                                     | CUSIP: 05253JAZ4<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $251990.00    | 0.00%             | 2027-01-18      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| LEAR CORP                                                                        | Lear Corp                                                                                 | CUSIP: 521865BC8<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85017.00     | 0.00%             | 2032-01-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                            | MidAmerican Energy Co                                                                     | CUSIP: 595620AE5<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77953.50     | 0.00%             | 2035-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CFH9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8500000 | PA      | $8363203.13   | 0.16%             | 2027-08-31      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF ALBERTA                                                              | Province of Alberta Canada                                                                | CUSIP: 013051EM5<br>LEI: LQPXMHHNJKIPJYE53543 | Long             | DBT              | NUSS              | CA        |    450000 | PA      | $389484.00    | 0.01%             | 2030-07-22      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                           | Canadian Imperial Bank of Commerce                                                        | CUSIP: 13607LWT6<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $203628.00    | 0.00%             | 2026-10-02      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CGP0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8500000 | PA      | $8529550.76   | 0.16%             | 2028-02-29      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp                                                        | Occidental Petroleum Corp                                                                 | CUSIP: 674599CJ2<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71044.00     | 0.00%             | 2046-04-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJYC8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    230291 | PA      | $208987.55    | 0.00%             | 2046-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    700000 | PA      | $711011.00    | 0.01%             | 2037-05-13      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Oncor Electric Delivery Co LLC                                                   | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JAT1<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     80000 | PA      | $68872.00     | 0.00%             | 2041-12-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | Fiserv Inc                                                                                | CUSIP: 337738BH0<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    250000 | PA      | $254660.00    | 0.00%             | 2033-08-21      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132GRLZ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     36708 | PA      | $35452.86     | 0.00%             | 2042-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78016EZD2<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $197456.00    | 0.00%             | 2027-05-04      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179QGE5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    177106 | PA      | $172648.47    | 0.00%             | 2044-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                                                            | Rio Tinto Finance USA PLC                                                                 | CUSIP: 76720AAP1<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $178940.00    | 0.00%             | 2053-03-09      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas LLC                                                        | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CAP9<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    150000 | PA      | $113607.00    | 0.00%             | 2045-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MDG2<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $207102.00    | 0.00%             | 2028-09-14      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830CC1<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100566.00    | 0.00%             | 2029-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91087BAU4<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    200000 | PA      | $203558.00    | 0.00%             | 2028-02-09      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YAM1<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    300000 | PA      | $291771.00    | 0.01%             | 2027-09-11      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400HN6<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $61481.00     | 0.00%             | 2052-02-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 3618N5GQ6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    555008 | PA      | $561372.36    | 0.01%             | 2055-02-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                              | CUSIP: 251526CW7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    150000 | PA      | $154474.50    | 0.00%             | 2029-05-10      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312939JE2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     25078 | PA      | $24811.40     | 0.00%             | 2040-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | State of California                                                                       | CUSIP: 13063BBU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $228925.60    | 0.00%             | 2039-11-01      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| DUKE UNIVERSITY                                                                  | Duke University                                                                           | CUSIP: 26442TAH0<br>LEI: FY5ICUIRRDCHN4HHL592 | Long             | DBT              | CORP              | US        |    100000 | PA      | $60353.00     | 0.00%             | 2055-10-01      | Fixed         | 2.83%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                                  | CUSIP: 718286DD6<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    200000 | PA      | $182254.00    | 0.00%             | 2049-09-05      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                         | Lloyds Banking Group PLC                                                                  | CUSIP: 53944YAE3<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $230727.00    | 0.00%             | 2048-01-09      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange Inc                                                    | Intercontinental Exchange Inc                                                             | CUSIP: 45866FAL8<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    225000 | PA      | $143253.00    | 0.00%             | 2050-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ER5N6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     55350 | PA      | $53928.78     | 0.00%             | 2030-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                               | Meta Platforms Inc                                                                        | CUSIP: 30303M8W5<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    500000 | PA      | $479020.00    | 0.01%             | 2064-08-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Shell International Finance BV                                                   | Shell International Finance BV                                                            | CUSIP: 822582BE1<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |     75000 | PA      | $72316.50     | 0.00%             | 2035-05-11      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M72V7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     46526 | PA      | $47782.68     | 0.00%             | 2039-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810FJ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    900000 | PA      | $976078.13    | 0.02%             | 2029-08-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                                 | CUSIP: 911312BZ8<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150165.00    | 0.00%             | 2033-03-03      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ADOBE INC                                                                        | Adobe Inc                                                                                 | CUSIP: 00724PAD1<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $183284.00    | 0.00%             | 2030-02-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MMVG5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     41774 | PA      | $40004.23     | 0.00%             | 2031-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                            | CUSIP: 58933YBE4<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    400000 | PA      | $345456.00    | 0.01%             | 2031-12-10      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140BN9<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    175000 | PA      | $136041.50    | 0.00%             | 2060-03-25      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                                | Johnson & Johnson                                                                         | CUSIP: 478160CS1<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    200000 | PA      | $114022.00    | 0.00%             | 2050-09-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| STANFORD HEALTH CARE                                                             | Stanford Health Care                                                                      | CUSIP: 85434VAB4<br>LEI: 5493005311WCPXQGDG42 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94389.00     | 0.00%             | 2030-08-15      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M9H70<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    110435 | PA      | $108832.32    | 0.00%             | 2041-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TWDC Enterprises 18 Corp                                                         | TWDC Enterprises 18 Corp                                                                  | CUSIP: 25468PDV5<br>LEI: 7260JQNI6SCF9FIV2392 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195684.00    | 0.00%             | 2027-06-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XPTU3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1463113 | PA      | $1330534.96   | 0.03%             | 2037-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                                                          | Fidelity National Information Services Inc                                                | CUSIP: 31620MBY1<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150558.00    | 0.00%             | 2032-07-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline LP / PAA Finance Corp                               | Plains All American Pipeline LP / PAA Finance Corp                                        | CUSIP: 72650RBH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $82699.00     | 0.00%             | 2045-02-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335ALX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    637768 | PA      | $630989.09    | 0.01%             | 2042-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CRE                                                           | Blackstone Private Credit Fund                                                            | CUSIP: 09261HBU0<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99408.00     | 0.00%             | 2029-11-22      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                         | CUSIP: 24703TAJ5<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    189000 | PA      | $223649.37    | 0.00%             | 2036-07-15      | Fixed         | 8.10%                 | No            |                  2 | On Loan: No      |
| Northwell Healthcare Inc                                                         | Northwell Healthcare Inc                                                                  | CUSIP: 667274AA2<br>LEI: 54930073NUTKK4QD3P47 | Long             | DBT              | CORP              | US        |     45000 | PA      | $33591.60     | 0.00%             | 2046-11-01      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KQ2R6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1382465 | PA      | $1373037.43   | 0.03%             | 2053-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Dow Chemical Co/The                                                              | Dow Chemical Co/The                                                                       | CUSIP: 260543CG6<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    250000 | PA      | $197067.50    | 0.00%             | 2042-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Equinor ASA                                                                      | Equinor ASA                                                                               | CUSIP: 85771PAE2<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |    100000 | PA      | $85845.00     | 0.00%             | 2041-11-23      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MANULIFE FINANCIAL CORP                                                          | Manulife Financial Corp                                                                   | CUSIP: 56501RAK2<br>LEI: 5493007GBX87QOZACS27 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $96575.00     | 0.00%             | 2027-05-19      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| PPL CAPITAL FUNDING INC                                                          | PPL Capital Funding Inc                                                                   | CUSIP: 69352PAQ6<br>LEI: 549300MROK5WY0D2NU17 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97500.00     | 0.00%             | 2030-04-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWM91<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    107225 | PA      | $98319.12     | 0.00%             | 2054-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138M5EA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    346942 | PA      | $331444.56    | 0.01%             | 2042-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                                    | CUSIP: 045167GH0<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    600000 | PA      | $592170.00    | 0.01%             | 2029-08-28      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738EBS3<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $152612.00    | 0.00%             | 2042-03-10      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91087BAH3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    500000 | PA      | $456615.00    | 0.01%             | 2030-04-16      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WEST VA HEALTH SYS OBL                                                           | West Virginia United Health System Obligated Group                                        | CUSIP: 956708AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $61060.00     | 0.00%             | 2050-06-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                                                              | Carrier Global Corp                                                                       | CUSIP: 14448CBC7<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |    200000 | PA      | $210342.00    | 0.00%             | 2034-03-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                                                            | Entergy Louisiana LLC                                                                     | CUSIP: 29364WAY4<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97554.00     | 0.00%             | 2026-10-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                                                                | Expedia Group Inc                                                                         | CUSIP: 30212PBL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $172761.75    | 0.00%             | 2035-02-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397C92<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255387.50    | 0.00%             | 2028-05-12      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                          | CUSIP: 22822VAT8<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    200000 | PA      | $172254.00    | 0.00%             | 2031-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Canada Government International Bond                                             | Canada Government International Bond                                                      | CUSIP: 427028AB1<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |    250000 | PA      | $242095.00    | 0.00%             | 2026-05-19      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| ECOLAB INC                                                                       | Ecolab Inc                                                                                | CUSIP: 278865BE9<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101641.00    | 0.00%             | 2030-03-24      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| BANNER HEALTH                                                                    | Banner Health                                                                             | CUSIP: 06654DAD9<br>LEI: PLD0E0WJKFN8IZJ2WD85 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86566.00     | 0.00%             | 2031-01-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                                                         | Baxter International Inc                                                                  | CUSIP: 071813CV9<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    125000 | PA      | $77040.00     | 0.00%             | 2051-12-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UCC4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     97484 | PA      | $93886.13     | 0.00%             | 2048-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CBL8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    200000 | PA      | $175692.00    | 0.00%             | 2031-06-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority                                                     | CUSIP: 452252FH7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105269.80    | 0.00%             | 2034-01-01      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FBK6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    450000 | PA      | $401656.50    | 0.01%             | 2033-04-15      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748BG6<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250125.00    | 0.00%             | 2029-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                                                            | Huntington Bancshares Inc/OH                                                              | CUSIP: 446150BB9<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199704.00    | 0.00%             | 2028-08-04      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| Duke Energy Ohio Inc                                                             | Duke Energy Ohio Inc                                                                      | CUSIP: 26442EAG5<br>LEI: L6KC0HABGHNFU1Z6QY21 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77935.00     | 0.00%             | 2049-02-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                          | CUSIP: 22822VBF7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    100000 | PA      | $100232.00    | 0.00%             | 2029-09-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132M3KW6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     44853 | PA      | $42681.53     | 0.00%             | 2043-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                               | CUSIP: 13648TAG2<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $69213.00     | 0.00%             | 2050-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WP85<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    153767 | PA      | $116837.74    | 0.00%             | 2051-10-20      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                                                                    | Amphenol Corp                                                                             | CUSIP: 032095AQ4<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101345.00    | 0.00%             | 2034-04-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MMSC8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    109243 | PA      | $106863.78    | 0.00%             | 2029-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                                   | CUSIP: 06417XAD3<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $144450.00    | 0.00%             | 2027-02-02      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON & CO                                                            | Becton Dickinson & Co                                                                     | CUSIP: 075887CS6<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98648.00     | 0.00%             | 2034-02-08      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CAU5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9450000 | PA      | $8720947.24   | 0.16%             | 2027-10-31      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D53Y6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     96745 | PA      | $90282.31     | 0.00%             | 2034-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Stanford Health Care                                                             | Stanford Health Care                                                                      | CUSIP: 85434VAA6<br>LEI: 5493005311WCPXQGDG42 | Long             | DBT              | CORP              | US        |    150000 | PA      | $110773.50    | 0.00%             | 2048-11-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| BORGWARNER INC                                                                   | BorgWarner Inc                                                                            | CUSIP: 099724AL0<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192170.00    | 0.00%             | 2027-07-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ELECTRIC POWER                                                         | Wisconsin Electric Power Co                                                               | CUSIP: 976656CN6<br>LEI: AENKIFMULUAWOUU8Q584 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100047.00    | 0.00%             | 2032-09-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Voya Financial Inc                                                               | Voya Financial Inc                                                                        | CUSIP: 45685EAJ5<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94823.00     | 0.00%             | 2043-07-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418BFB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     16492 | PA      | $16116.25     | 0.00%             | 2029-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132A4SQ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     29109 | PA      | $28592.74     | 0.00%             | 2044-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YMM3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    642497 | PA      | $657433.59    | 0.01%             | 2053-12-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BAYLOR SCOTT & WHITE HOL                                                         | Baylor Scott & White Holdings                                                             | CUSIP: 072863AC7<br>LEI: 549300JQDKSBWYRGGV95 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81091.00     | 0.00%             | 2045-11-15      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X9GT6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1004268 | PA      | $915337.63    | 0.02%             | 2036-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWC27<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3863735 | PA      | $3161658.65   | 0.06%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CUH5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    575827 | PA      | $552861.16    | 0.01%             | 2033-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Cardinal Health Inc                                                              | Cardinal Health Inc                                                                       | CUSIP: 14149YBD9<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |     80000 | PA      | $68454.40     | 0.00%             | 2045-09-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312934HK1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     15018 | PA      | $15139.30     | 0.00%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                                | L3Harris Technologies Inc                                                                 | CUSIP: 502431AV1<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94116.00     | 0.00%             | 2054-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WASHINGTON UNIVERSITY                                                            | Washington University/The                                                                 | CUSIP: 940663AC1<br>LEI: 2V765680J33YAZOYW441 | Long             | DBT              | CORP              | US        |    125000 | PA      | $87963.75     | 0.00%             | 2054-04-15      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133D3JD8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    251760 | PA      | $230784.04    | 0.00%             | 2040-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Peru Government International Bonds                                              | Peru Government International Bonds                                                       | CUSIP: 715638EC2<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    400000 | PA      | $378444.00    | 0.01%             | 2054-08-08      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                                                               | Steel Dynamics Inc                                                                        | CUSIP: 858119BN9<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70080.00     | 0.00%             | 2027-10-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Indonesia Government International Bonds                                         | Indonesia Government International Bonds                                                  | CUSIP: 455780DR4<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $197904.00    | 0.00%             | 2033-01-11      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| BAYCARE HEALTH SYSTEM                                                            | BayCare Health System Inc                                                                 | CUSIP: 072722AE1<br>LEI: 1H90SRZU22X0SF1UZR52 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74239.00     | 0.00%             | 2050-11-15      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                                                              | Dow Chemical Co/The                                                                       | CUSIP: 260543DD2<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    250000 | PA      | $163560.00    | 0.00%             | 2050-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                                                | General Mills Inc                                                                         | CUSIP: 370334DB7<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |    125000 | PA      | $124060.00    | 0.00%             | 2035-01-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SNU7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1199457 | PA      | $1061362.18   | 0.02%             | 2046-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                                                 | Ryder System Inc                                                                          | CUSIP: 78355HKZ1<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102333.00    | 0.00%             | 2029-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                                                             | WEC Energy Group Inc                                                                      | CUSIP: 92939UAJ5<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101421.00    | 0.00%             | 2027-10-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Waste Connections Inc                                                            | Waste Connections Inc                                                                     | CUSIP: 941053AH3<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $99859.00     | 0.00%             | 2028-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 59022CAJ2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    350000 | PA      | $362995.50    | 0.01%             | 2037-01-29      | Fixed         | 6.11%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                             | CUSIP: 097023AX3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     80000 | PA      | $85612.00     | 0.00%             | 2039-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PEE8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    300000 | PA      | $213711.00    | 0.00%             | 2041-05-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                                     | CUSIP: 882508BQ6<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     75000 | PA      | $57678.00     | 0.00%             | 2052-08-16      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Takeda Pharmaceutical Co Ltd                                                     | Takeda Pharmaceutical Co Ltd                                                              | CUSIP: 874060AZ9<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $158695.00    | 0.00%             | 2050-07-09      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| Applied Materials Inc                                                            | Applied Materials Inc                                                                     | CUSIP: 038222AG0<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103830.00    | 0.00%             | 2041-06-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140Q8WZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    410154 | PA      | $393882.23    | 0.01%             | 2048-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                                        | CUSIP: 74456QCP9<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95262.00     | 0.00%             | 2053-08-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| MANULIFE FINANCIAL CORP                                                          | Manulife Financial Corp                                                                   | CUSIP: 56501RAN6<br>LEI: 5493007GBX87QOZACS27 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $139915.50    | 0.00%             | 2032-03-16      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| SWEDISH EXPORT CREDIT                                                            | Svensk Exportkredit AB                                                                    | CUSIP: 01021NAD4<br>LEI: 1FOLRR5RWTWWI397R131 | Long             | DBT              | NUSS              | SE        |    500000 | PA      | $496960.00    | 0.01%             | 2028-05-08      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418BMG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    150206 | PA      | $146438.69    | 0.00%             | 2045-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHENIERE CORP CHRISTI HD                                                         | Cheniere Corpus Christi Holdings LLC                                                      | CUSIP: 16412XAL9<br>LEI: 549300I7CIEWU1BBLQ53 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79750.00     | 0.00%             | 2039-12-31      | Fixed         | 2.74%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M6SA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     14174 | PA      | $14812.62     | 0.00%             | 2038-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                                                         | eBay Inc                                                                                  | CUSIP: 278642AW3<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |    200000 | PA      | $183752.00    | 0.00%             | 2030-03-11      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                                | L3Harris Technologies Inc                                                                 | CUSIP: 413875AT2<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91108.00     | 0.00%             | 2045-04-27      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Target Corp                                                                      | Target Corp                                                                               | CUSIP: 87612EBF2<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $73386.00     | 0.00%             | 2046-04-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT LIGHT & PWR                                                          | Connecticut Light and Power Co/The                                                        | CUSIP: 207597ER2<br>LEI: 549300O45IUXEDS1VZ32 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75527.25     | 0.00%             | 2029-01-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VXX3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2875861 | PA      | $2313925.08   | 0.04%             | 2050-11-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ECOLAB INC                                                                       | Ecolab Inc                                                                                | CUSIP: 278865BM1<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |    150000 | PA      | $127894.50    | 0.00%             | 2032-02-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Black Hills Corp                                                                 | Black Hills Corp                                                                          | CUSIP: 092113AQ2<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139671.00    | 0.00%             | 2033-05-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| BRITISH COLUMBIA PROV OF                                                         | Province of British Columbia Canada                                                       | CUSIP: 110709AJ1<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |    400000 | PA      | $408956.00    | 0.01%             | 2028-11-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                             | CUSIP: 744448CV1<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |    150000 | PA      | $127078.50    | 0.00%             | 2031-06-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661EN3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    200000 | PA      | $187772.00    | 0.00%             | 2062-09-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJ3J7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    314897 | PA      | $284984.93    | 0.01%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475BW4<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255285.00    | 0.00%             | 2035-01-22      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                                | CUSIP: 871829AY3<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86496.00     | 0.00%             | 2045-10-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810TU2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7700000 | PA      | $7205515.63   | 0.14%             | 2043-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 75513EBY6<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     75000 | PA      | $79315.50     | 0.00%             | 2027-08-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162DR8<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    800000 | PA      | $807728.00    | 0.02%             | 2033-03-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PDG8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    650000 | PA      | $653614.00    | 0.01%             | 2028-07-25      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                           | CUSIP: 4581X0DS4<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    750000 | PA      | $639330.00    | 0.01%             | 2031-01-13      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Koninklijke Ahold Delhaize NV                                                    | Koninklijke Ahold Delhaize NV                                                             | CUSIP: 24668PAE7<br>LEI: 724500C9GNBV20UYRX36 | Long             | DBT              | CORP              | NL        |     38000 | PA      | $38029.64     | 0.00%             | 2040-10-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                                                            | Entergy Louisiana LLC                                                                     | CUSIP: 29364WBB3<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    175000 | PA      | $135941.75    | 0.00%             | 2048-09-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WRZ3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3551886 | PA      | $2855962.35   | 0.05%             | 2051-11-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ENTERGY ARKANSAS LLC                                                             | Entergy Arkansas LLC                                                                      | CUSIP: 29366MAF5<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76042.50     | 0.00%             | 2034-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| SEMPRA                                                                           | Sempra                                                                                    | CUSIP: 816851BV0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93766.00     | 0.00%             | 2055-04-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111FQ1<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78165.00     | 0.00%             | 2058-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214EG4<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    200000 | PA      | $177234.00    | 0.00%             | 2039-07-24      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GB86<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    550000 | PA      | $527279.50    | 0.01%             | 2045-11-19      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31403C6N6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     73005 | PA      | $75656.98     | 0.00%             | 2036-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752AD5<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    250000 | PA      | $198787.50    | 0.00%             | 2047-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                                            | Entergy Louisiana LLC                                                                     | CUSIP: 29364WBD9<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    150000 | PA      | $90678.00     | 0.00%             | 2051-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WQJU7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     62985 | PA      | $58277.49     | 0.00%             | 2043-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                                              | Gilead Sciences Inc                                                                       | CUSIP: 375558BM4<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196214.00    | 0.00%             | 2027-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X7PW3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    111928 | PA      | $106603.94    | 0.00%             | 2033-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DC59<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    102076 | PA      | $88213.52     | 0.00%             | 2049-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                              | CUSIP: 29250NCF0<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $126177.50    | 0.00%             | 2054-06-27      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                                               | Vodafone Group PLC                                                                        | CUSIP: 92857WBK5<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $101060.00    | 0.00%             | 2028-05-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Energy Transfer Operating LP                                                     | Energy Transfer Operating LP                                                              | CUSIP: 29273RBF5<br>LEI: 5493008K8W3OKZE54J59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $170390.00    | 0.00%             | 2045-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Laboratory Corp of America Holdings                                              | Laboratory Corp of America Holdings                                                       | CUSIP: 50540RAU6<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147423.00    | 0.00%             | 2027-09-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Simon Property Group LP                                                          | Simon Property Group LP                                                                   | CUSIP: 828807DC8<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    100000 | PA      | $98183.00     | 0.00%             | 2027-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                              | CUSIP: 25160PAH0<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    250000 | PA      | $241065.00    | 0.00%             | 2028-01-07      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Emera US Finance LP                                                              | Emera US Finance LP                                                                       | CUSIP: 29103DAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $148131.00    | 0.00%             | 2026-06-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Inc                                                                | Kinder Morgan Inc                                                                         | CUSIP: 28368EAE6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    150000 | PA      | $170665.50    | 0.00%             | 2032-01-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36241LS23<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    126122 | PA      | $119078.15    | 0.00%             | 2041-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Inter-American Development Bank                                                  | Inter-American Development Bank                                                           | CUSIP: 4581X0CE6<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    300000 | PA      | $274440.00    | 0.01%             | 2044-01-24      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Exxon Mobil Corp                                                                 | Exxon Mobil Corp                                                                          | CUSIP: 30231GBD3<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146785.50    | 0.00%             | 2026-08-16      | Fixed         | 2.28%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 172967ML2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    400000 | PA      | $362260.00    | 0.01%             | 2031-01-29      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| REVVITY INC                                                                      | Revvity Inc                                                                               | CUSIP: 714046AN9<br>LEI: 549300IKL1SDPFI7N655 | Long             | DBT              | CORP              | US        |    150000 | PA      | $126216.00    | 0.00%             | 2031-09-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PEW2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    500000 | PA      | $506605.00    | 0.01%             | 2036-01-24      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets America Inc                                                   | BP Capital Markets America Inc                                                            | CUSIP: 10373QAV2<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98002.00     | 0.00%             | 2027-01-16      | Fixed         | 3.02%                 | No            |                  2 | On Loan: No      |
| GEORGE WASHINGTON UNIVER                                                         | George Washington University/The                                                          | CUSIP: 372546AW1<br>LEI: 5493002S4P5IVD462L47 | Long             | DBT              | CORP              | US        |    150000 | PA      | $117087.00    | 0.00%             | 2048-09-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| HIGHWOODS REALTY LP                                                              | Highwoods Realty LP                                                                       | CUSIP: 431282AU6<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              |  | US        |     75000 | PA      | $82707.75     | 0.00%             | 2034-02-01      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| Federal Realty Investment Trust                                                  | Federal Realty OP LP                                                                      | CUSIP: 313747AV9<br>LEI: 549300LI6XZ51GOCJ427 | Long             | DBT              |  | US        |    100000 | PA      | $82376.00     | 0.00%             | 2044-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp                                                       | Capital One Financial Corp                                                                | CUSIP: 14040HBK0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247090.00    | 0.00%             | 2026-07-28      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830BX6<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148144.50    | 0.00%             | 2054-11-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WJQY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    165803 | PA      | $139830.56    | 0.00%             | 2046-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF QUEBEC                                                               | Province of Quebec Canada                                                                 | CUSIP: 748148SD6<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    600000 | PA      | $593010.00    | 0.01%             | 2028-04-13      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PAX4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    450000 | PA      | $447327.00    | 0.01%             | 2029-12-05      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | State of Connecticut                                                                      | CUSIP: 20772GF45<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |    250000 | PA      | $265290.25    | 0.00%             | 2032-03-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| AON GLOBAL LTD                                                                   | Aon Global Ltd                                                                            | CUSIP: 00185AAG9<br>LEI: VVT2B79I2Z4U3R6BY589 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $83983.00     | 0.00%             | 2044-06-14      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| PUGET ENERGY INC                                                                 | Puget Energy Inc                                                                          | CUSIP: 745310AN2<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |     75000 | PA      | $69132.00     | 0.00%             | 2032-03-15      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YHV9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    391016 | PA      | $403070.72    | 0.01%             | 2053-10-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TV51<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    216352 | PA      | $196038.47    | 0.00%             | 2048-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RCG5<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85650.00     | 0.00%             | 2044-06-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY INDIANA LLC                                                          | Duke Energy Indiana LLC                                                                   | CUSIP: 26443TAE6<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150694.50    | 0.00%             | 2034-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GXO LOGISTICS INC                                                                | GXO Logistics Inc                                                                         | CUSIP: 36262GAG6<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76817.25     | 0.00%             | 2034-05-06      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CMM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  21750000 | PA      | $22169707.14  | 0.42%             | 2035-02-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XCK5<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |    150000 | PA      | $137466.00    | 0.00%             | 2054-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179W5C8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    476490 | PA      | $415510.31    | 0.01%             | 2052-05-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                                         | Duke Energy Progress LLC                                                                  | CUSIP: 26442UAK0<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    150000 | PA      | $84645.00     | 0.00%             | 2050-08-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397G23<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193644.00    | 0.00%             | 2029-09-06      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                                                       | Zoetis Inc                                                                                | CUSIP: 98978VAP8<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82104.00     | 0.00%             | 2048-08-20      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                                                         | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                                | CUSIP: 46590XAZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    200000 | PA      | $202224.00    | 0.00%             | 2028-02-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804FA7<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155862.00    | 0.00%             | 2036-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| INDIANA MICHIGAN POWER                                                           | Indiana Michigan Power Co                                                                 | CUSIP: 454889AV8<br>LEI: JHR9V15J0ZRG02MIRD06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95074.00     | 0.00%             | 2053-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X3BF4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    735790 | PA      | $707524.25    | 0.01%             | 2034-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BHP BILLITON FIN USA LTD                                                         | BHP Billiton Finance USA Ltd                                                              | CUSIP: 055451BK3<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | CORP              | AU        |    150000 | PA      | $151741.50    | 0.00%             | 2032-02-21      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400HX4<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    150000 | PA      | $134247.00    | 0.00%             | 2053-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Stryker Corp                                                                     | Stryker Corp                                                                              | CUSIP: 863667AE1<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |     75000 | PA      | $60801.00     | 0.00%             | 2043-04-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QWCK6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1578162 | PA      | $1576416.41   | 0.03%             | 2055-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                            | CUSIP: 10373QBU3<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    400000 | PA      | $393224.00    | 0.01%             | 2033-02-13      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                 | CUSIP: 00774MBH7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    150000 | PA      | $148323.00    | 0.00%             | 2034-01-19      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| ZIONS BANCORP NA                                                                 | Zions Bancorp NA                                                                          | CUSIP: 98971DAB6<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | DBT              | CORP              | US        |    250000 | PA      | $225757.50    | 0.00%             | 2029-10-29      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                                 | CUSIP: 911312BW5<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    225000 | PA      | $207094.50    | 0.00%             | 2050-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Energy Co                                                     | Berkshire Hathaway Energy Co                                                              | CUSIP: 084659AR2<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |    175000 | PA      | $140474.25    | 0.00%             | 2049-01-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VGY4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    430000 | PA      | $414330.80    | 0.01%             | 2035-02-15      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YBX6<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $949050.00    | 0.02%             | 2029-11-21      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397E74<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249715.00    | 0.00%             | 2027-05-17      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DUAT4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1396904 | PA      | $1419500.09   | 0.03%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844CE6<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91935.00     | 0.00%             | 2029-11-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NEG2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    250000 | PA      | $227780.00    | 0.00%             | 2064-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PCA8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78852.00     | 0.00%             | 2042-10-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                                         | EQT Corp                                                                                  | CUSIP: 26884LAY5<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102357.00    | 0.00%             | 2029-04-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111FN8<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71244.00     | 0.00%             | 2057-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WHGK2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    101119 | PA      | $94785.26     | 0.00%             | 2046-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138MTE60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     21024 | PA      | $21119.13     | 0.00%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY FLORIDA LLC                                                          | Duke Energy Florida LLC                                                                   | CUSIP: 26444HAL5<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |    100000 | PA      | $61442.00     | 0.00%             | 2051-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CRE                                                           | Blackstone Private Credit Fund                                                            | CUSIP: 09261HBR7<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74236.50     | 0.00%             | 2027-09-26      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WFKJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     55789 | PA      | $50831.55     | 0.00%             | 2045-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YKR4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    184542 | PA      | $179861.28    | 0.00%             | 2053-11-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                                                  | Israel Government International Bond                                                      | CUSIP: 46514BRN9<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    300000 | PA      | $304371.00    | 0.01%             | 2029-03-12      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                                                          | Arthur J Gallagher & Co                                                                   | CUSIP: 04316JAJ8<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71569.50     | 0.00%             | 2054-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KGGT9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    195190 | PA      | $175254.17    | 0.00%             | 2049-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS CO                                                                | General Motors Co                                                                         | CUSIP: 37045VAU4<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207428.00    | 0.00%             | 2027-10-01      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WJRW0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     17527 | PA      | $16725.35     | 0.00%             | 2032-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CAMDEN PROPERTY TRUST                                                            | Camden Property Trust                                                                     | CUSIP: 133131AZ5<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              |  | US        |    100000 | PA      | $91717.00     | 0.00%             | 2030-05-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                                          | Duke Energy Florida LLC                                                                   | CUSIP: 341099CH0<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |    150000 | PA      | $161803.50    | 0.00%             | 2037-09-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | Moody's Corp                                                                              | CUSIP: 615369AQ8<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87303.00     | 0.00%             | 2048-12-17      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WY93<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3006770 | PA      | $2523433.40   | 0.05%             | 2052-03-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PCR5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    600000 | PA      | $520728.00    | 0.01%             | 2032-11-08      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                         | Lloyds Banking Group PLC                                                                  | CUSIP: 53944YAD5<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $197634.00    | 0.00%             | 2027-01-11      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJV72<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     16758 | PA      | $15779.61     | 0.00%             | 2045-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ovintiv Inc                                                                      | Ovintiv Inc                                                                               | CUSIP: 292505AE4<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97897.00     | 0.00%             | 2037-08-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KDL1<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150081.00    | 0.00%             | 2035-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179Y2L7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    376740 | PA      | $374970.40    | 0.01%             | 2054-07-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216DD9<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    250000 | PA      | $231007.50    | 0.00%             | 2028-03-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| ERP OPERATING LP                                                                 | ERP Operating LP                                                                          | CUSIP: 26884ABM4<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |    100000 | PA      | $91215.00     | 0.00%             | 2030-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650EA4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    175000 | PA      | $161113.75    | 0.00%             | 2063-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                                        | CUSIP: 756109BS2<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    150000 | PA      | $151150.50    | 0.00%             | 2028-12-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DUTH0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    809007 | PA      | $802990.99    | 0.02%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Republic of Poland Government International Bonds                                | Republic of Poland Government International Bonds                                         | CUSIP: 731011AW2<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    350000 | PA      | $319490.50    | 0.01%             | 2053-04-04      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ENTERPRIS                                                         | Public Service Enterprise Group Inc                                                       | CUSIP: 744573AY2<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153229.50    | 0.00%             | 2029-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MMQ22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     77691 | PA      | $75848.23     | 0.00%             | 2028-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                 | CUSIP: 00774MBP9<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    250000 | PA      | $252007.50    | 0.00%             | 2031-12-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Huntsman International LLC                                                       | Huntsman International LLC                                                                | CUSIP: 44701QBE1<br>LEI: 3YTEJFW18LGIUQ2N5J61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93684.00     | 0.00%             | 2029-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38148YAA6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    475000 | PA      | $404785.50    | 0.01%             | 2038-10-31      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TAL9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    280994 | PA      | $262457.65    | 0.00%             | 2047-06-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KYNDRYL HOLDINGS INC                                                             | Kyndryl Holdings Inc                                                                      | CUSIP: 50155QAM2<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77205.00     | 0.00%             | 2041-10-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                                                              | Gilead Sciences Inc                                                                       | CUSIP: 375558CC5<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149316.00    | 0.00%             | 2035-06-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RKE1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    150000 | PA      | $96433.50     | 0.00%             | 2052-02-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin                                                                        | CUSIP: 977100GH3<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |    100000 | PA      | $98112.60     | 0.00%             | 2027-05-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| HF SINCLAIR CORP                                                                 | HF Sinclair Corp                                                                          | CUSIP: 403949AC4<br>LEI: 2549009G116AM01XHN24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95795.00     | 0.00%             | 2030-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CBP9<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95425.00     | 0.00%             | 2082-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC                                                                       | Nasdaq Inc                                                                                | CUSIP: 63111XAH4<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |    175000 | PA      | $179621.75    | 0.00%             | 2028-06-28      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| APPLIED MATERIALS INC                                                            | Applied Materials Inc                                                                     | CUSIP: 038222AN5<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |    150000 | PA      | $131986.50    | 0.00%             | 2030-06-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804GU2<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95063.00     | 0.00%             | 2055-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO                                                                  | DTE Electric Co                                                                           | CUSIP: 23338VAT3<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142135.50    | 0.00%             | 2053-04-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172DH9<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203462.00    | 0.00%             | 2031-02-13      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406RAV9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95760.00     | 0.00%             | 2026-10-15      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                                                 | Peruvian Government International Bond                                                    | CUSIP: 715638DA7<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    150000 | PA      | $135964.50    | 0.00%             | 2030-06-20      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                                         | Western Midstream Operating LP                                                            | CUSIP: 958254AD6<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84930.00     | 0.00%             | 2044-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT LIGHT & PWR                                                          | Connecticut Light and Power Co/The                                                        | CUSIP: 207597EG6<br>LEI: 549300O45IUXEDS1VZ32 | Long             | DBT              | CORP              | US        |     75000 | PA      | $61995.00     | 0.00%             | 2044-04-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| O'REILLY AUTOMOTIVE INC                                                          | O'Reilly Automotive Inc                                                                   | CUSIP: 67103HAK3<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |    150000 | PA      | $127312.50    | 0.00%             | 2031-03-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46625HJU5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    200000 | PA      | $181560.00    | 0.00%             | 2044-02-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QRKR3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1586208 | PA      | $1616456.30   | 0.03%             | 2053-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| POTOMAC ELECTRIC POWER                                                           | Potomac Electric Power Co                                                                 | CUSIP: 737679DH0<br>LEI: 549300BXF2DWUNN57U06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99914.00     | 0.00%             | 2034-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| IBM INTERNAT CAPITAL                                                             | IBM International Capital Pte Ltd                                                         | CUSIP: 449276AC8<br>LEI: 2549007KTXQQBYZO7485 | Long             | DBT              | CORP              | SG        |    100000 | PA      | $100346.00    | 0.00%             | 2029-02-05      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| American Airlines 2019-1 Class AA Pass Through Trust                             | American Airlines 2019-1 Class AA Pass Through Trust                                      | CUSIP: 02377LAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     87445 | PA      | $79442.35     | 0.00%             | 2032-02-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| VERISIGN INC                                                                     | VeriSign Inc                                                                              | CUSIP: 92343EAQ5<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100855.00    | 0.00%             | 2032-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RKA9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    550000 | PA      | $382695.50    | 0.01%             | 2051-06-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967JC6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149307.00    | 0.00%             | 2026-11-20      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418E7E4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    312961 | PA      | $313235.27    | 0.01%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DCT7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    108506 | PA      | $103524.51    | 0.00%             | 2034-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PG&E WILDFIRE RECOVERY                                                           | PG&E Wildfire Recovery Funding LLC                                                        | CUSIP: 693342AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70377 | PA      | $68871.82     | 0.00%             | 2030-06-01      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| BANNER HEALTH                                                                    | Banner Health                                                                             | CUSIP: 06654DAC1<br>LEI: PLD0E0WJKFN8IZJ2WD85 | Long             | DBT              | CORP              | US        |    100000 | PA      | $66198.00     | 0.00%             | 2050-01-01      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                                   | CUSIP: 742718FQ7<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    150000 | PA      | $131880.00    | 0.00%             | 2031-04-23      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DVZ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    735087 | PA      | $601266.69    | 0.01%             | 2041-01-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| FRANKLIN BSP CAPITAL CO                                                          | Franklin BSP Capital Corp                                                                 | CUSIP: 35250VAB0<br>LEI: 549300KJEVMKATLINB36 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50621.50     | 0.00%             | 2029-06-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                                         | Devon Energy Corp                                                                         | CUSIP: 25179MBD4<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |    130000 | PA      | $130014.30    | 0.00%             | 2027-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                                                     | QUALCOMM Inc                                                                              | CUSIP: 747525BP7<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    208000 | PA      | $170609.92    | 0.00%             | 2032-05-20      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                                                         | ONEOK Inc                                                                                 | CUSIP: 29336UAF4<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100129.00    | 0.00%             | 2026-07-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137FL6P4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1465535.85   | 0.03%             | 2029-01-25      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                             | CUSIP: 501044DK4<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82134.00     | 0.00%             | 2048-01-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp                                                                   | Air Lease Corp                                                                            | CUSIP: 00914AAB8<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148830.00    | 0.00%             | 2026-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280DM8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    205000 | PA      | $212380.00    | 0.00%             | 2037-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                                           | Arizona Public Service Co                                                                 | CUSIP: 040555DE1<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105958.00    | 0.00%             | 2032-12-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Republic of Panama                                                               | Panama Government International Bond                                                      | CUSIP: 698299AD6<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    250000 | PA      | $270800.00    | 0.01%             | 2027-09-30      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Southern California Edison Co                                                    | Southern California Edison Co                                                             | CUSIP: 842400FW8<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     50000 | PA      | $36249.00     | 0.00%             | 2043-03-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                                       | CUSIP: 65535HBC2<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $205100.00    | 0.00%             | 2029-07-06      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| Shell International Finance BV                                                   | Shell International Finance BV                                                            | CUSIP: 822582BF8<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |     75000 | PA      | $62241.00     | 0.00%             | 2045-05-11      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                          | HCA Inc                                                                                   | CUSIP: 404119BU2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199454.00    | 0.00%             | 2027-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31419BBF1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    109035 | PA      | $100922.29    | 0.00%             | 2041-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448EV6<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    100000 | PA      | $72894.00     | 0.00%             | 2060-03-19      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                                  | CUSIP: 74432QAQ8<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154482.00    | 0.00%             | 2036-12-14      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CTD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    291570 | PA      | $280193.00    | 0.01%             | 2033-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                          | HCA Inc                                                                                   | CUSIP: 404119BT5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250277.50    | 0.00%             | 2026-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES                                                           | PPL Electric Utilities Corp                                                               | CUSIP: 69351UAU7<br>LEI: 549300GCZLSGYEYPIR35 | Long             | DBT              | CORP              | US        |    150000 | PA      | $116104.50    | 0.00%             | 2047-06-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Roper Technologies Inc                                                           | Roper Technologies Inc                                                                    | CUSIP: 776743AF3<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148993.50    | 0.00%             | 2028-09-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J5DT3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    785057 | PA      | $715120.32    | 0.01%             | 2047-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822CE2<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $198022.00    | 0.00%             | 2028-04-19      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| Corning Inc                                                                      | Corning Inc                                                                               | CUSIP: 219350BK0<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91041.00     | 0.00%             | 2048-11-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| OMNICOM GROUP INC                                                                | Omnicom Group Inc                                                                         | CUSIP: 681919BB1<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90247.00     | 0.00%             | 2030-04-30      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC                                                           | CenterPoint Energy Inc                                                                    | CUSIP: 15189TBG1<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154272.00    | 0.00%             | 2029-06-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL SA                                                         | TotalEnergies Capital SA                                                                  | CUSIP: 89157XAD3<br>LEI: 529900QI55ZLJVCMPA71 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $195552.00    | 0.00%             | 2034-09-10      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYSE0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     63322 | PA      | $57919.53     | 0.00%             | 2039-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DANAHER CORP                                                                     | Danaher Corp                                                                              | CUSIP: 235851AV4<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | DBT              | CORP              | US        |    200000 | PA      | $117510.00    | 0.00%             | 2050-10-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216DJ6<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93492.00     | 0.00%             | 2028-03-05      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650EC0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153349.50    | 0.00%             | 2031-06-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| PNC Bank NA                                                                      | PNC Bank NA                                                                               | CUSIP: 69353RFG8<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |    250000 | PA      | $243000.00    | 0.00%             | 2027-10-25      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QVA46<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    818673 | PA      | $848601.79    | 0.02%             | 2054-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                                                              | Dow Chemical Co/The                                                                       | CUSIP: 260543DG5<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105987.00    | 0.00%             | 2033-03-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TQP3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     73178 | PA      | $66307.38     | 0.00%             | 2048-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FUNDING LLC                                                           | NXP BV / NXP Funding LLC                                                                  | CUSIP: 62947QBC1<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    100000 | PA      | $102518.00    | 0.00%             | 2028-12-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| International Flavors & Fragrances Inc                                           | International Flavors & Fragrances Inc                                                    | CUSIP: 459506AK7<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99124.00     | 0.00%             | 2028-09-26      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TLE3<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    200000 | PA      | $208666.00    | 0.00%             | 2030-11-20      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M7SW7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     62188 | PA      | $63867.21     | 0.00%             | 2039-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RKH4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    450000 | PA      | $382171.50    | 0.01%             | 2032-02-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Energy Co                                                     | Berkshire Hathaway Energy Co                                                              | CUSIP: 084659AV3<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144423.00    | 0.00%             | 2030-07-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138X3EZ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    269059 | PA      | $255694.99    | 0.00%             | 2043-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308JJ7<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    350000 | PA      | $221777.50    | 0.00%             | 2050-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                               | CUSIP: 931142ES8<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    200000 | PA      | $184386.00    | 0.00%             | 2028-09-22      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF QUEBEC                                                               | Province of Quebec Canada                                                                 | CUSIP: 748149AR2<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    250000 | PA      | $218982.50    | 0.00%             | 2031-04-21      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X3AJ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     98777 | PA      | $88904.18     | 0.00%             | 2049-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| State Street Institutional US Government Money Market Fund                       | State Street Institutional US Government Money Market Fund                                | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |   1964498 | NS      | $1964497.50   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WKWZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    196997 | PA      | $184043.11    | 0.00%             | 2047-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EXF1<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100537.00    | 0.00%             | 2027-01-08      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | Ally Financial Inc                                                                        | CUSIP: 000000000<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149874.00    | 0.00%             | 2031-01-17      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJ4T4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     63734 | PA      | $63044.95     | 0.00%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                                                     | AutoZone Inc                                                                              | CUSIP: 053332BD3<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97292.00     | 0.00%             | 2033-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                             | CUSIP: 501044DQ1<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84945.00     | 0.00%             | 2031-01-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                            | CUSIP: 78409VBH6<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194014.00    | 0.00%             | 2027-03-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| NIKE Inc                                                                         | NIKE Inc                                                                                  | CUSIP: 654106AG8<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |    230000 | PA      | $161791.20    | 0.00%             | 2046-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                              | CUSIP: 29250NBZ7<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $262602.50    | 0.00%             | 2053-11-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC / Charter Communications Operating Capital  | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175BK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $296490.00    | 0.01%             | 2028-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Allstate Corp/The                                                                | Allstate Corp/The                                                                         | CUSIP: 020002BG5<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $73895.00     | 0.00%             | 2049-08-10      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YML5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    473962 | PA      | $481429.72    | 0.01%             | 2053-12-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280EM7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $302307.00    | 0.01%             | 2028-11-19      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                                                     | CSMC Trust 2016-NXSR                                                                      | CUSIP: 12594PAV3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1964038.48   | 0.04%             | 2049-12-15      | Variable      | 3.79%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                                                 | Ryder System Inc                                                                          | CUSIP: 78355HLD9<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75174.00     | 0.00%             | 2029-12-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36184HK37<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     34262 | PA      | $30283.52     | 0.00%             | 2045-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KLA CORP                                                                         | KLA Corp                                                                                  | CUSIP: 482480AL4<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198804.00    | 0.00%             | 2032-07-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111GF4<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102743.00    | 0.00%             | 2034-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMEREN CORP                                                                      | Ameren Corp                                                                               | CUSIP: 023608AQ5<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101191.00    | 0.00%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137FHQ63<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    360000 | PA      | $353239.44    | 0.01%             | 2033-05-25      | Variable      | 3.99%                 | No            |                  2 | On Loan: No      |
| HPS CORPORATE LENDING FU                                                         | HPS Corporate Lending Fund                                                                | CUSIP: 40440VAH8<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99989.00     | 0.00%             | 2028-01-14      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CFC0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6750000 | PA      | $6417509.78   | 0.12%             | 2029-07-31      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Burlington Northern Santa Fe LLC                                                 | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LBA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $98395.00     | 0.00%             | 2027-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                               | CUSIP: 68389XCQ6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    400000 | PA      | $366288.00    | 0.01%             | 2053-02-06      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810QL5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2273600 | PA      | $2139137.89   | 0.04%             | 2040-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                           | CUSIP: 842587DJ3<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195596.00    | 0.00%             | 2051-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                                                             | Keurig Dr Pepper Inc                                                                      | CUSIP: 26138EAY5<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     50000 | PA      | $39851.50     | 0.00%             | 2046-12-15      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINL HLDGS LTD                                                           | Fairfax Financial Holdings Ltd                                                            | CUSIP: 303901BL5<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |    175000 | PA      | $178027.50    | 0.00%             | 2032-08-16      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| LXP INDUSTRIAL TRUST                                                             | LXP Industrial Trust                                                                      | CUSIP: 529537AA0<br>LEI: 549300S4MH2ICXDBFV43 | Long             | DBT              |  | US        |     75000 | PA      | $62509.50     | 0.00%             | 2031-10-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830BB4<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    200000 | PA      | $165116.00    | 0.00%             | 2042-12-15      | Fixed         | 4.07%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                                        | CUSIP: 29273VAT7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $212894.00    | 0.00%             | 2030-12-01      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWCU5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4678517 | PA      | $3829837.42   | 0.07%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TAN5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      9123 | PA      | $9083.43      | 0.00%             | 2047-06-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MMQT3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     36833 | PA      | $36011.19     | 0.00%             | 2028-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WBY3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1400004 | PA      | $1175789.30   | 0.02%             | 2051-03-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Nucor Corp                                                                       | Nucor Corp                                                                                | CUSIP: 670346AP0<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148867.50    | 0.00%             | 2028-05-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XDA1<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190490.00    | 0.00%             | 2027-08-20      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| ARCELORMITTAL SA                                                                 | ArcelorMittal SA                                                                          | CUSIP: 03938LBH6<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |     75000 | PA      | $73500.75     | 0.00%             | 2054-06-17      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                                                           | Marvell Technology Inc                                                                    | CUSIP: 573874AP9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $103373.00    | 0.00%             | 2029-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X4YV2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    318607 | PA      | $294806.18    | 0.01%             | 2043-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VAG8<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156453.00    | 0.00%             | 2039-10-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                                           | Santander Holdings USA Inc                                                                | CUSIP: 80282KBK1<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100900.00    | 0.00%             | 2027-05-31      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                         | Warnermedia Holdings Inc                                                                  | CUSIP: 55903VBD4<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    800000 | PA      | $576288.00    | 0.01%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833ET3<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250345.00    | 0.00%             | 2028-05-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DR95<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    327606 | PA      | $290607.91    | 0.01%             | 2035-08-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                                                         | Duke Energy Progress LLC                                                                  | CUSIP: 26442UAB0<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80969.00     | 0.00%             | 2045-08-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36180AAH6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    324373 | PA      | $331154.70    | 0.01%             | 2054-09-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                                                     | Alphabet Inc                                                                              | CUSIP: 02079KAJ6<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139995.00    | 0.00%             | 2027-08-15      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KQQC3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2678566 | PA      | $2735562.15   | 0.05%             | 2053-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                                        | CUSIP: 05964HBF1<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $202996.00    | 0.00%             | 2028-07-15      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD                                                               | Athene Holding Ltd                                                                        | CUSIP: 04686JAH4<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |    200000 | PA      | $191514.00    | 0.00%             | 2054-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200GS4<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150615.00    | 0.00%             | 2039-11-30      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RDF6<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50454.00     | 0.00%             | 2040-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GENERAL ELECTRIC CO                                                              | General Electric Co                                                                       | CUSIP: 369604BY8<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $123751.50    | 0.00%             | 2050-05-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                         | Constellation Brands Inc                                                                  | CUSIP: 21036PBK3<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99728.00     | 0.00%             | 2027-05-09      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312938KQ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    286715 | PA      | $283768.98    | 0.01%             | 2039-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967LU3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    200000 | PA      | $168116.00    | 0.00%             | 2039-01-24      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475BX2<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    300000 | PA      | $308622.00    | 0.01%             | 2030-05-14      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200LG4<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    175000 | PA      | $176610.00    | 0.00%             | 2030-02-10      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| FHLMC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES                           | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137FCLD4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1955592.28   | 0.04%             | 2027-11-25      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810PT9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    881000 | PA      | $904814.53    | 0.02%             | 2037-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                                                         | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                                | CUSIP: 46590XAN6<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    100000 | PA      | $94197.00     | 0.00%             | 2029-02-02      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV5D3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1274869 | PA      | $1101737.84   | 0.02%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081GY7<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    175000 | PA      | $172679.50    | 0.00%             | 2055-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 96950FAP9<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85650.00     | 0.00%             | 2045-01-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ORIX CORP                                                                        | ORIX Corp                                                                                 | CUSIP: 686330AN1<br>LEI: 35380016EMHNBOVYE123 | Long             | DBT              | CORP              | JP        |    100000 | PA      | $86832.00     | 0.00%             | 2031-03-09      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                     | Centene Corp                                                                              | CUSIP: 15135BAV3<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    350000 | PA      | $319063.50    | 0.01%             | 2030-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| VULCAN MATERIALS CO                                                              | Vulcan Materials Co                                                                       | CUSIP: 929160BC2<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |    125000 | PA      | $126000.00    | 0.00%             | 2034-12-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Oncor Electric Delivery Co LLC                                                   | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JBD5<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74125.00     | 0.00%             | 2047-09-30      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UUL4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     56669 | PA      | $54577.68     | 0.00%             | 2049-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co Inc                                                  | General Motors Financial Co Inc                                                           | CUSIP: 37045XBQ8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98880.00     | 0.00%             | 2026-10-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PPL Capital Funding Inc                                                          | PPL Capital Funding Inc                                                                   | CUSIP: 69352PAL7<br>LEI: 549300MROK5WY0D2NU17 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147883.50    | 0.00%             | 2026-05-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds                                             | Chile Government International Bonds                                                      | CUSIP: 168863EB0<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    300000 | PA      | $302721.00    | 0.01%             | 2029-01-22      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                                        | CUSIP: 86765BAP4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86862.00     | 0.00%             | 2044-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                                               | Vodafone Group PLC                                                                        | CUSIP: 92857WAB6<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $107259.00    | 0.00%             | 2032-11-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                               | CUSIP: 02665WFE6<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151287.00    | 0.00%             | 2029-03-13      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWKJ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3475831 | PA      | $3570848.41   | 0.07%             | 2054-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PCQ3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $189318.00    | 0.00%             | 2035-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO BANK NA                                                              | Wells Fargo Bank NA                                                                       | CUSIP: 94988J6D4<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | DBT              | CORP              | US        |    400000 | PA      | $404528.00    | 0.01%             | 2026-08-07      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UUK6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    226757 | PA      | $210844.44    | 0.00%             | 2049-06-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds                                             | Chile Government International Bonds                                                      | CUSIP: 168863DT2<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    500000 | PA      | $416590.00    | 0.01%             | 2033-07-27      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DSM5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    983906 | PA      | $895589.13    | 0.02%             | 2035-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                                   | CUSIP: 3130B3A29<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   3000000 | PA      | $3000570.00   | 0.06%             | 2026-10-09      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KDK3<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152778.00    | 0.00%             | 2032-03-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                                                          | Arthur J Gallagher & Co                                                                   | CUSIP: 04316JAE9<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95767.00     | 0.00%             | 2053-03-02      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NUCOR CORP                                                                       | Nucor Corp                                                                                | CUSIP: 670346AZ8<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99800.00     | 0.00%             | 2030-06-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| CHOICE HOTELS INTL INC                                                           | Choice Hotels International Inc                                                           | CUSIP: 169905AG1<br>LEI: 5493003CYRY5RFGTIR97 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91219.00     | 0.00%             | 2031-01-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140GSPG1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    473239 | PA      | $427683.64    | 0.01%             | 2047-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                                                  | Israel Government International Bond                                                      | CUSIP: 46514BRA7<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    350000 | PA      | $328013.00    | 0.01%             | 2033-01-17      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                                                                   | Starbucks Corp                                                                            | CUSIP: 855244AT6<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192818.00    | 0.00%             | 2029-08-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D2W1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    397413 | PA      | $349743.55    | 0.01%             | 2041-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                              | CUSIP: 883556BZ4<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139533.00    | 0.00%             | 2029-10-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CFD1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    293095 | PA      | $256679.32    | 0.00%             | 2047-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| General Mills Inc                                                                | General Mills Inc                                                                         | CUSIP: 370334CG7<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248840.00    | 0.00%             | 2028-04-17      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FDE4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    250977 | PA      | $261794.02    | 0.00%             | 2054-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335BTY2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    410608 | PA      | $384079.22    | 0.01%             | 2047-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3142GQKU5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1661200 | PA      | $1690191.86   | 0.03%             | 2053-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                                                         | eBay Inc                                                                                  | CUSIP: 278642BB8<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |    150000 | PA      | $161506.50    | 0.00%             | 2032-11-22      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                                   | CUSIP: 3130AWLZ1<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   1000000 | PA      | $1006230.00   | 0.02%             | 2026-06-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31419ADT1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    222964 | PA      | $214219.23    | 0.00%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                                                   | Morgan Stanley Capital I Trust 2015-UBS8                                                  | CUSIP: 61691ABL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $397157.84    | 0.01%             | 2048-12-15      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                                                              | Gilead Sciences Inc                                                                       | CUSIP: 375558BZ5<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203582.00    | 0.00%             | 2033-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                                              | Abbott Laboratories                                                                       | CUSIP: 002824BN9<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139341.00    | 0.00%             | 2043-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                                       | CUSIP: 14913UAR1<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150514.50    | 0.00%             | 2027-10-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2015-C30                                            | CUSIP: 94989NBE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    109762 | PA      | $109429.44    | 0.00%             | 2058-09-15      | Fixed         | 3.66%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                                               | Vodafone Group PLC                                                                        | CUSIP: 92857WAQ3<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $158353.50    | 0.00%             | 2037-02-27      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                                                             | Kraft Heinz Foods Co                                                                      | CUSIP: 50077LAD8<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    300000 | PA      | $295434.00    | 0.01%             | 2026-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LANDWIRTSCH. RENTENBANK                                                          | Landwirtschaftliche Rentenbank                                                            | CUSIP: 515110CF9<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |    300000 | PA      | $307092.00    | 0.01%             | 2029-04-17      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                               | CUSIP: 68389XBV6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    600000 | PA      | $555924.00    | 0.01%             | 2030-04-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ABV6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    400000 | PA      | $381812.00    | 0.01%             | 2029-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PECO ENERGY CO                                                                   | PECO Energy Co                                                                            | CUSIP: 693304AY3<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |    100000 | PA      | $60882.00     | 0.00%             | 2050-06-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC                                                           | Roper Technologies Inc                                                                    | CUSIP: 776743AJ5<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87956.00     | 0.00%             | 2030-06-30      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RCU4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144456.00    | 0.00%             | 2047-02-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                                  | CUSIP: 298785KC9<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |   1100000 | PA      | $1132736.00   | 0.02%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477CD3<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151432.50    | 0.00%             | 2026-08-03      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYUP2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    621574 | PA      | $529450.00    | 0.01%             | 2040-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                                  | CUSIP: 471048CM8<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    700000 | PA      | $612493.00    | 0.01%             | 2031-04-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DUVQ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    579951 | PA      | $479119.80    | 0.01%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312944TS0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    208927 | PA      | $201104.30    | 0.00%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457BY3<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $110980.00    | 0.00%             | 2050-05-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Visa Inc                                                                         | Visa Inc                                                                                  | CUSIP: 92826CAH5<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145819.50    | 0.00%             | 2027-09-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                                                            | AvalonBay Communities Inc                                                                 | CUSIP: 053484AE1<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |    100000 | PA      | $101518.00    | 0.00%             | 2033-12-07      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS LLC                                                           | Chubb INA Holdings LLC                                                                    | CUSIP: 171239AG1<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |    250000 | PA      | $215062.50    | 0.00%             | 2030-09-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                                        | CUSIP: 29273VAS9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156715.50    | 0.00%             | 2028-12-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | New Jersey Turnpike Authority                                                             | CUSIP: 646139X83<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |    350000 | PA      | $390997.95    | 0.01%             | 2041-01-01      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| Wyeth LLC                                                                        | Wyeth LLC                                                                                 | CUSIP: 983024AN0<br>LEI: 549300Q9GR3WRH4N4836 | Long             | DBT              | CORP              | US        |    375000 | PA      | $393562.50    | 0.01%             | 2037-04-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417AJP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    211064 | PA      | $195370.10    | 0.00%             | 2041-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MAFA2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    352005 | PA      | $323002.08    | 0.01%             | 2045-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ASSOC BANC-CORP                                                                  | Associated Banc-Corp                                                                      | CUSIP: 045487AD7<br>LEI: 549300N3CIN473IW5094 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76089.75     | 0.00%             | 2030-08-29      | Fixed         | 6.46%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WFG8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2981827 | PA      | $2503818.89   | 0.05%             | 2051-05-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | Dominion Energy Inc                                                                       | CUSIP: 25746UDL0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85822.00     | 0.00%             | 2031-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                            | CUSIP: 00914AAV4<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152482.50    | 0.00%             | 2029-03-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Unilever Capital Corp                                                            | Unilever Capital Corp                                                                     | CUSIP: 904764AY3<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |    250000 | PA      | $244515.00    | 0.00%             | 2027-05-05      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| CF Industries Inc                                                                | CF Industries Inc                                                                         | CUSIP: 12527GAE3<br>LEI: 5FVKT86LAD2F40NPC183 | Long             | DBT              | CORP              | US        |    150000 | PA      | $135165.00    | 0.00%             | 2044-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                           | Canadian Imperial Bank of Commerce                                                        | CUSIP: 13607PHT4<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $149805.00    | 0.00%             | 2027-09-11      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| CHILDREN'S HOSPITAL CORP                                                         | Children's Hospital Corp/The                                                              | CUSIP: 16876BAA0<br>LEI: 549300NXFO6BISJLOS32 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80120.00     | 0.00%             | 2047-01-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                                                             | Kraft Heinz Foods Co                                                                      | CUSIP: 50077LBN5<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74239.50     | 0.00%             | 2035-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661DY0<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    250000 | PA      | $215387.50    | 0.00%             | 2030-10-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| HELMERICH & PAYNE INC                                                            | Helmerich & Payne Inc                                                                     | CUSIP: 423452AG6<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81669.00     | 0.00%             | 2031-09-29      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TGU3<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89946.00     | 0.00%             | 2030-02-13      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31410KNH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     16258 | PA      | $16666.35     | 0.00%             | 2038-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                            | CUSIP: 61744YAR9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    200000 | PA      | $181428.00    | 0.00%             | 2039-04-22      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418B6J0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     54580 | PA      | $51223.11     | 0.00%             | 2036-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MOSAIC CO                                                                        | Mosaic Co/The                                                                             | CUSIP: 61945CAB9<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86744.00     | 0.00%             | 2041-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YFM1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1455488 | PA      | $1478422.45   | 0.03%             | 2053-09-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NUCOR CORP                                                                       | Nucor Corp                                                                                | CUSIP: 670346AW5<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $73143.00     | 0.00%             | 2052-04-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| COCA-COLA FEMSA SAB CV                                                           | Coca-Cola Femsa SAB de CV                                                                 | CUSIP: 191241AJ7<br>LEI: 5493008KEVFYPMGTXO33 | Long             | DBT              | CORP              | MX        |    100000 | PA      | $80907.00     | 0.00%             | 2032-09-01      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                                  | CUSIP: 126408HP1<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    150000 | PA      | $124566.00    | 0.00%             | 2049-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                                   | Merck & Co Inc                                                                            | CUSIP: 58933YAV7<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    200000 | PA      | $172106.00    | 0.00%             | 2039-03-07      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Republic of Poland Government International Bonds                                | Republic of Poland Government International Bonds                                         | CUSIP: 857524AE2<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    300000 | PA      | $313464.00    | 0.01%             | 2032-11-16      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179USV5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     61415 | PA      | $59148.63     | 0.00%             | 2049-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HALEON US CAPITAL LLC                                                            | Haleon US Capital LLC                                                                     | CUSIP: 36264FAL5<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |    250000 | PA      | $240140.00    | 0.00%             | 2029-03-24      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                                | CUSIP: 91159HJF8<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249820.00    | 0.00%             | 2028-07-22      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | Ally Financial Inc                                                                        | CUSIP: 02005NBV1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149461.50    | 0.00%             | 2035-07-26      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DZX3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    887579 | PA      | $761982.61    | 0.01%             | 2051-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WJ5Y0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    278025 | PA      | $259715.04    | 0.00%             | 2047-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280DH9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    450000 | PA      | $454153.50    | 0.01%             | 2033-08-11      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Healthpeak Properties Inc                                                        | Healthpeak OP LLC                                                                         | CUSIP: 42250PAA1<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              |  | US        |    200000 | PA      | $185216.00    | 0.00%             | 2030-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PPG INDUSTRIES INC                                                               | PPG Industries Inc                                                                        | CUSIP: 693506BS5<br>LEI: 549300BKPEP01R3V6C59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90294.00     | 0.00%             | 2030-06-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                                                   | Microsoft Corp                                                                            | CUSIP: 594918CW2<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    250000 | PA      | $150652.50    | 0.00%             | 2050-09-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417YVT1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     34501 | PA      | $33811.51     | 0.00%             | 2031-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                                                 | Ryder System Inc                                                                          | CUSIP: 78355HLC1<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75246.75     | 0.00%             | 2029-09-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DRU8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     90543 | PA      | $81192.16     | 0.00%             | 2050-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                                 | Altria Group Inc                                                                          | CUSIP: 02209SBS1<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |     95000 | PA      | $95931.95     | 0.00%             | 2028-02-04      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| EQUINIX EU 2 FINANCING C                                                         | Equinix Europe 2 Financing Corp LLC                                                       | CUSIP: 29390XAA2<br>LEI: 254900FSZR46BPMCKI50 | Long             | DBT              |  | US        |    125000 | PA      | $126851.25    | 0.00%             | 2034-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                              | CUSIP: 29250NCD5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    175000 | PA      | $168043.75    | 0.00%             | 2054-04-05      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                         | Warnermedia Holdings Inc                                                                  | CUSIP: 55903VBC6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    800000 | PA      | $679952.00    | 0.01%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YFF7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    400000 | PA      | $409396.00    | 0.01%             | 2029-07-20      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | Mastercard Inc                                                                            | CUSIP: 57636QAR5<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148050.00    | 0.00%             | 2027-03-26      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128E5NW5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     57428 | PA      | $56907.41     | 0.00%             | 2031-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122DQ8<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    250000 | PA      | $213857.50    | 0.00%             | 2030-11-13      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 3620AQY64<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    103889 | PA      | $102221.30    | 0.00%             | 2040-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                          | CUSIP: 92553PAU6<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    250000 | PA      | $214970.00    | 0.00%             | 2043-09-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KKGR4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1471058 | PA      | $1144181.29   | 0.02%             | 2050-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                                               | Banco Santander SA                                                                        | CUSIP: 05964HAF2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $195184.00    | 0.00%             | 2028-02-23      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EWH8<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95112.00     | 0.00%             | 2032-06-07      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Uruguay Government International Bonds                                           | Uruguay Government International Bonds                                                    | CUSIP: 760942BE1<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    400000 | PA      | $417320.00    | 0.01%             | 2034-10-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Bank NA                                                              | Wells Fargo Bank NA                                                                       | CUSIP: 92976GAG6<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | DBT              | CORP              | US        |    250000 | PA      | $254405.00    | 0.00%             | 2037-02-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397C68<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $208460.00    | 0.00%             | 2030-03-06      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| GENERAL DYNAMICS CORP                                                            | General Dynamics Corp                                                                     | CUSIP: 369550BL1<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98966.00     | 0.00%             | 2027-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                         | Constellation Brands Inc                                                                  | CUSIP: 21036PBQ0<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100530.00    | 0.00%             | 2029-01-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                            | CUSIP: 58933YBG9<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    250000 | PA      | $141440.00    | 0.00%             | 2061-12-10      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Southern Copper Corp                                                             | Southern Copper Corp                                                                      | CUSIP: 84265VAA3<br>LEI: 2549007U6NAP46Q9TU15 | Long             | DBT              | CORP              | US        |    150000 | PA      | $168439.50    | 0.00%             | 2035-07-27      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                              | CUSIP: 251526CY3<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    250000 | PA      | $244197.50    | 0.00%             | 2035-09-11      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                                                                     | NiSource Inc                                                                              | CUSIP: 65473QBF9<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    200000 | PA      | $160322.00    | 0.00%             | 2047-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                                                                | Ares Capital Corp                                                                         | CUSIP: 04010LBE2<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    200000 | PA      | $206228.00    | 0.00%             | 2027-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214FP3<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    150000 | PA      | $163290.00    | 0.00%             | 2033-11-17      | Fixed         | 6.82%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                               | CUSIP: 931142FC2<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99550.00     | 0.00%             | 2030-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD CAPITAL FIN                                                           | Brookfield Capital Finance LLC                                                            | CUSIP: 11259NAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $78249.75     | 0.00%             | 2033-06-14      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds                                       | Philippines Government International Bonds                                                | CUSIP: 718286BD8<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    300000 | PA      | $324969.00    | 0.01%             | 2032-01-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 3618N5C56<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    988193 | PA      | $959275.32    | 0.02%             | 2054-12-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUB SVC NEW HAMP                                                                 | Public Service Co of New Hampshire                                                        | CUSIP: 744482BP4<br>LEI: 549300SHPFALUPKK2351 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44902.00     | 0.00%             | 2053-01-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| TYCO ELECTRONICS GROUP S                                                         | Tyco Electronics Group SA                                                                 | CUSIP: 902133BC0<br>LEI: C33G1C5SYE2YM95EE712 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $98671.00     | 0.00%             | 2031-02-09      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                                   | CUSIP: 455780CR5<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $141204.00    | 0.00%             | 2050-02-14      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                                        | CUSIP: 74456QCS3<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98519.00     | 0.00%             | 2034-08-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SNV5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    210472 | PA      | $190762.38    | 0.00%             | 2046-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| QUANTA SERVICES INC                                                              | Quanta Services Inc                                                                       | CUSIP: 74762EAJ1<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |    150000 | PA      | $103699.50    | 0.00%             | 2041-10-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| FIRST-CITIZENS BANK/TRST                                                         | First-Citizens Bank & Trust Co                                                            | CUSIP: 125581GX0<br>LEI: L9VVX1KT5TFTKS0MLF66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103525.00    | 0.00%             | 2028-03-09      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XCM0<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    100000 | PA      | $100805.00    | 0.00%             | 2035-01-31      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VDY7<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    550000 | PA      | $547921.00    | 0.01%             | 2027-03-16      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline LP / PAA Finance Corp                               | Plains All American Pipeline LP / PAA Finance Corp                                        | CUSIP: 72650RBL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    130000 | PA      | $129807.60    | 0.00%             | 2026-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179W2T4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1236752 | PA      | $994270.30    | 0.02%             | 2052-04-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INDIANA MICHIGAN POWER                                                           | Indiana Michigan Power Co                                                                 | CUSIP: 454889AQ9<br>LEI: JHR9V15J0ZRG02MIRD06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82783.00     | 0.00%             | 2046-03-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                          | CUSIP: 22822VBC4<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    150000 | PA      | $147033.00    | 0.00%             | 2033-05-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M9JJ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     71724 | PA      | $70986.72     | 0.00%             | 2041-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Burlington Resources LLC                                                         | Burlington Resources LLC                                                                  | CUSIP: 20825VAB8<br>LEI: 0FJ5X7MVCTSE8OEPQE56 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77377.50     | 0.00%             | 2036-10-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BOARDWALK PIPELINES LP                                                           | Boardwalk Pipelines LP                                                                    | CUSIP: 096630AK4<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99067.00     | 0.00%             | 2034-08-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| INGERSOLL RAND INC                                                               | Ingersoll Rand Inc                                                                        | CUSIP: 45687VAD8<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152992.50    | 0.00%             | 2029-06-15      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830BY4<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152091.00    | 0.00%             | 2063-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Raymond James Financial Inc                                                      | Raymond James Financial Inc                                                               | CUSIP: 754730AG4<br>LEI: RGUZHJ05YTITL6D76949 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100815.00    | 0.00%             | 2030-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJX54<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    103671 | PA      | $97302.33     | 0.00%             | 2046-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                              | CUSIP: 883556DA7<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204590.00    | 0.00%             | 2029-01-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUTONATION INC                                                                   | AutoNation Inc                                                                            | CUSIP: 05329WAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $98439.00     | 0.00%             | 2030-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VAQ6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $107696.00    | 0.00%             | 2040-09-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 637432NZ4<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94511.00     | 0.00%             | 2032-12-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NEK3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    250000 | PA      | $237482.50    | 0.00%             | 2054-06-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | CommonSpirit Health                                                                       | CUSIP: 20268JAG8<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71186.00     | 0.00%             | 2050-10-01      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO                                                              | Consumers Energy Co                                                                       | CUSIP: 210518DQ6<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79497.00     | 0.00%             | 2052-09-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ADOBE INC                                                                        | Adobe Inc                                                                                 | CUSIP: 00724PAG4<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151111.50    | 0.00%             | 2034-04-04      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122EF1<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    300000 | PA      | $305763.00    | 0.01%             | 2029-02-22      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                               | CUSIP: 68389XBQ7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    400000 | PA      | $297736.00    | 0.01%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DGJ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     60243 | PA      | $55103.36     | 0.00%             | 2039-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PBP0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    575000 | PA      | $523008.50    | 0.01%             | 2031-05-13      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179NH92<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     90737 | PA      | $81629.30     | 0.00%             | 2043-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2020-1 A PTT                                                          | United Airlines 2020-1 Class A Pass Through Trust                                         | CUSIP: 90931GAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    198748 | PA      | $202019.31    | 0.00%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CFY2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6100000 | PA      | $6082843.75   | 0.11%             | 2029-11-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas LLC                                                        | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CAZ7<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    150000 | PA      | $98394.00     | 0.00%             | 2049-08-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp                                                                   | Air Lease Corp                                                                            | CUSIP: 00912XAV6<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98564.00     | 0.00%             | 2027-04-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448EL8<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    250000 | PA      | $234665.00    | 0.00%             | 2029-07-29      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                            | CUSIP: 10373QBP4<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    400000 | PA      | $244284.00    | 0.00%             | 2051-06-04      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC                                                           | CenterPoint Energy Inc                                                                    | CUSIP: 15189TBJ5<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76476.00     | 0.00%             | 2055-02-15      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| IDAHO POWER CO                                                                   | Idaho Power Co                                                                            | CUSIP: 45138LBJ1<br>LEI: TN0LL73P2C8X3W6KM391 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72830.25     | 0.00%             | 2054-04-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QBJC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    455987 | PA      | $411113.50    | 0.01%             | 2049-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ARROW ELECTRONICS INC                                                            | Arrow Electronics Inc                                                                     | CUSIP: 04273WAF8<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101077.00    | 0.00%             | 2029-08-21      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ERW55<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    107667 | PA      | $105206.61    | 0.00%             | 2030-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| OEKB OEST. KONTROLLBANK                                                          | Oesterreichische Kontrollbank AG                                                          | CUSIP: 676167CJ6<br>LEI: 5299000OVRLMF858L016 | Long             | DBT              | CORP              | AT        |    250000 | PA      | $252055.00    | 0.00%             | 2028-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                                        | CUSIP: 907818EW4<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83345.00     | 0.00%             | 2048-09-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D6K3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    996793 | PA      | $809387.66    | 0.02%             | 2041-11-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EWV7<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101958.00    | 0.00%             | 2028-03-03      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp                                | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 637432NS0<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97261.00     | 0.00%             | 2029-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AGILENT TECHNOLOGIES INC                                                         | Agilent Technologies Inc                                                                  | CUSIP: 00846UAM3<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88661.00     | 0.00%             | 2030-06-04      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31412PG70<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     52875 | PA      | $52265.33     | 0.00%             | 2039-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179RJD2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    880288 | PA      | $778524.05    | 0.01%             | 2045-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HF SINCLAIR CORP                                                                 | HF Sinclair Corp                                                                          | CUSIP: 403949AS9<br>LEI: 2549009G116AM01XHN24 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147975.00    | 0.00%             | 2035-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Inter-American Development Bank                                                  | Inter-American Development Bank                                                           | CUSIP: 4581X0DC9<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    650000 | PA      | $633880.00    | 0.01%             | 2028-09-18      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                                                 | Hewlett Packard Enterprise Co                                                             | CUSIP: 42824CBW8<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    300000 | PA      | $280125.00    | 0.01%             | 2054-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| ZOETIS INC                                                                       | Zoetis Inc                                                                                | CUSIP: 98978VAV5<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156522.00    | 0.00%             | 2032-11-16      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| EQUITABLE HOLDINGS INC                                                           | Equitable Holdings Inc                                                                    | CUSIP: 054561AM7<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |    250000 | PA      | $214977.50    | 0.00%             | 2048-04-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179QDY4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    128362 | PA      | $117423.29    | 0.00%             | 2044-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448FW3<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151984.50    | 0.00%             | 2026-11-10      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| AGILENT TECHNOLOGIES INC                                                         | Agilent Technologies Inc                                                                  | CUSIP: 00846UAN1<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87483.00     | 0.00%             | 2031-03-12      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                                            | Uber Technologies Inc                                                                     | CUSIP: 90353TAP5<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    275000 | PA      | $265892.00    | 0.00%             | 2034-09-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Burlington Northern Santa Fe LLC                                                 | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LAS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $160112.75    | 0.00%             | 2044-04-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities Inc                                              | Alexandria Real Estate Equities Inc                                                       | CUSIP: 015271AW9<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |    175000 | PA      | $141440.25    | 0.00%             | 2032-05-18      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED                                                            | Vale Overseas Ltd                                                                         | CUSIP: 91911TAH6<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |    150000 | PA      | $160689.00    | 0.00%             | 2036-11-21      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36178GFP4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     67161 | PA      | $61561.85     | 0.00%             | 2042-07-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Brookfield Finance Inc                                                           | Brookfield Finance Inc                                                                    | CUSIP: 11271LAA0<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $99646.00     | 0.00%             | 2026-06-02      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810QH4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2377000 | PA      | $2283591.34   | 0.04%             | 2040-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MDD9<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $207236.00    | 0.00%             | 2033-07-13      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| Stanley Black & Decker Inc                                                       | Stanley Black & Decker Inc                                                                | CUSIP: 854502AN1<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |    100000 | PA      | $55146.00     | 0.00%             | 2050-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Southern California Gas Co                                                       | Southern California Gas Co                                                                | CUSIP: 842434CS9<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |    150000 | PA      | $116500.50    | 0.00%             | 2049-01-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844BV9<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    150000 | PA      | $113109.00    | 0.00%             | 2052-08-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EW48<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    785475 | PA      | $794744.38    | 0.01%             | 2053-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| THE CAMPBELLS COMPANY                                                            | The Campbell's Company                                                                    | CUSIP: 134429BG3<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148816.50    | 0.00%             | 2028-03-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PBJ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    550000 | PA      | $543735.50    | 0.01%             | 2031-03-24      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                                     | CUSIP: 882508BP8<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93445.00     | 0.00%             | 2032-08-16      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                                              | Gilead Sciences Inc                                                                       | CUSIP: 375558BG7<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    200000 | PA      | $191524.00    | 0.00%             | 2035-09-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds                                             | Chile Government International Bonds                                                      | CUSIP: 168863DX3<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    250000 | PA      | $243022.50    | 0.00%             | 2027-01-31      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| COOPERAT RABOBANK UA/NY                                                          | Cooperatieve Rabobank UA/NY                                                               | CUSIP: 21688ABD3<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $253455.00    | 0.00%             | 2027-03-05      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PFB3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195668.00    | 0.00%             | 2034-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                                                | Cisco Systems Inc                                                                         | CUSIP: 17275RBW1<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202192.00    | 0.00%             | 2028-02-24      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                               | CUSIP: 68389XBE4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    250000 | PA      | $222005.00    | 0.00%             | 2035-05-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                                                 | Georgia Power Co                                                                          | CUSIP: 373334KN0<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $72235.00     | 0.00%             | 2050-01-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179NF60<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    554876 | PA      | $499182.06    | 0.01%             | 2043-06-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6JM3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    161600 | PA      | $165332.93    | 0.00%             | 2040-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Consumers Energy Co                                                              | Consumers Energy Co                                                                       | CUSIP: 210518DB9<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78307.00     | 0.00%             | 2048-05-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| AMERICAN ASSETS TRUST LP                                                         | American Assets Trust LP                                                                  | CUSIP: 02401LAA2<br>LEI: 549300V1TI0SMG9Z6U69 | Long             | DBT              |  | US        |     75000 | PA      | $65692.50     | 0.00%             | 2031-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X4PF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    174293 | PA      | $163921.05    | 0.00%             | 2048-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CEF4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8800000 | PA      | $8580515.59   | 0.16%             | 2027-03-31      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D54U3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    167609 | PA      | $156121.01    | 0.00%             | 2035-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KCJ7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199620.00    | 0.00%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Energy Co                                                     | Berkshire Hathaway Energy Co                                                              | CUSIP: 59562VAM9<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |    298000 | PA      | $314184.38    | 0.01%             | 2036-04-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                         | CUSIP: 478160CG7<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    200000 | PA      | $157662.00    | 0.00%             | 2047-03-03      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                                                | Cisco Systems Inc                                                                         | CUSIP: 17275RCA8<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145951.50    | 0.00%             | 2055-02-24      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWCN1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7119374 | PA      | $5560532.15   | 0.10%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HEICO CORP                                                                       | HEICO Corp                                                                                | CUSIP: 422806AA7<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102214.00    | 0.00%             | 2028-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                                                               | Expand Energy Corp                                                                        | CUSIP: 845467AR0<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    125000 | PA      | $124941.25    | 0.00%             | 2029-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | Diamondback Energy Inc                                                                    | CUSIP: 25278XBB4<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    225000 | PA      | $201458.25    | 0.00%             | 2064-04-18      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                | Wells Fargo & Co.                                                                         | CUSIP: 337358BH7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77378.25     | 0.00%             | 2026-08-01      | Fixed         | 7.57%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138A4Y58<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       991 | PA      | $984.60       | 0.00%             | 2026-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Southern California Edison Co                                                    | Southern California Edison Co                                                             | CUSIP: 842400FV0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74007.00     | 0.00%             | 2042-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                 | CUSIP: 00774MAZ8<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    300000 | PA      | $233070.00    | 0.00%             | 2041-10-29      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RDJ8<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    350000 | PA      | $283941.00    | 0.01%             | 2048-03-09      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                                   | CUSIP: 808513CJ2<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    200000 | PA      | $211556.00    | 0.00%             | 2029-11-17      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                                | CUSIP: 31428XCS3<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |    150000 | PA      | $111388.50    | 0.00%             | 2045-02-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| CubeSmart LP                                                                     | CubeSmart LP                                                                              | CUSIP: 22966RAD8<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              |  | US        |    150000 | PA      | $146890.50    | 0.00%             | 2026-09-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CHX2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8800000 | PA      | $8932343.73   | 0.17%             | 2028-08-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                               | CUSIP: 29444UBQ8<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |    100000 | PA      | $97001.00     | 0.00%             | 2026-05-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140FE2A1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    272257 | PA      | $261272.14    | 0.00%             | 2047-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VFU3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    500000 | PA      | $303825.00    | 0.01%             | 2050-11-20      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION                                                         | Sabine Pass Liquefaction LLC                                                              | CUSIP: 785592AX4<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |    375000 | PA      | $369678.75    | 0.01%             | 2030-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                                        | CUSIP: 05964HBD6<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $206660.00    | 0.00%             | 2034-03-14      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Principal Financial Group Inc                                                    | Principal Financial Group Inc                                                             | CUSIP: 74251VAN2<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |    137000 | PA      | $111470.05    | 0.00%             | 2046-11-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| JAPAN INT'L COOP AGENCY                                                          | Japan International Cooperation Agency                                                    | CUSIP: 47109LAA2<br>LEI: 254900XEIG78M2AJB031 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $194216.00    | 0.00%             | 2026-10-20      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EMEP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    114031 | PA      | $112893.16    | 0.00%             | 2027-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Flex Ltd                                                                         | Flex Ltd                                                                                  | CUSIP: 33938XAA3<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |    100000 | PA      | $99718.00     | 0.00%             | 2029-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Burlington Northern Santa Fe LLC                                                 | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LAZ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $78037.00     | 0.00%             | 2046-08-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    500000 | PA      | $496150.00    | 0.01%             | 2055-05-13      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| TJX COS INC                                                                      | TJX Cos Inc/The                                                                           | CUSIP: 872540AT6<br>LEI: V167QI9I69W364E2DY52 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98048.00     | 0.00%             | 2030-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | Lloyds Banking Group PLC                                                                  | CUSIP: 53944YAP8<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $194364.00    | 0.00%             | 2027-05-11      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31292SAN0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    134806 | PA      | $121487.09    | 0.00%             | 2042-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076DB5<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152128.50    | 0.00%             | 2027-06-25      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BALTIMORE GAS & ELECTRIC                                                         | Baltimore Gas and Electric Co                                                             | CUSIP: 059165EL0<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |     75000 | PA      | $49231.50     | 0.00%             | 2049-09-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| NETAPP INC                                                                       | NetApp Inc                                                                                | CUSIP: 64110DAM6<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101358.00    | 0.00%             | 2032-03-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                                                             | Kraft Heinz Foods Co                                                                      | CUSIP: 50077LAX4<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65649.75     | 0.00%             | 2039-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS CO                                                               | Ameren Illinois Co                                                                        | CUSIP: 02361DAU4<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |     75000 | PA      | $49445.25     | 0.00%             | 2050-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140Q7VS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     63506 | PA      | $57393.17     | 0.00%             | 2047-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                             | CUSIP: 744448DB4<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96524.00     | 0.00%             | 2055-05-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312945N87<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    441984 | PA      | $409631.49    | 0.01%             | 2041-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810SR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7350000 | PA      | $4469718.75   | 0.08%             | 2040-05-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PFC1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    300000 | PA      | $270384.00    | 0.01%             | 2054-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179W2V9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2732294 | PA      | $2382625.25   | 0.04%             | 2052-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335BQ82<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    447545 | PA      | $414957.62    | 0.01%             | 2044-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132WLTW6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    137251 | PA      | $124213.20    | 0.00%             | 2047-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                          | CUSIP: 22822VBA8<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    200000 | PA      | $201274.00    | 0.00%             | 2028-01-11      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EXPORT DEVELOPMNT CANADA                                                         | Export Development Canada                                                                 | CUSIP: 30216BKC5<br>LEI: Z6MHCSLXHKYG4B6PHW02 | Long             | DBT              | NUSS              | CA        |    500000 | PA      | $502020.00    | 0.01%             | 2029-02-13      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 88339WAB2<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151462.50    | 0.00%             | 2029-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| BAKER HUGHES LLC/CO-OBL                                                          | Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc                                   | CUSIP: 05723KAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $195668.00    | 0.00%             | 2027-12-15      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YAY5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    350000 | PA      | $346258.50    | 0.01%             | 2026-05-14      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PEG3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147870.00    | 0.00%             | 2027-05-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833EL0<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    275000 | PA      | $161177.50    | 0.00%             | 2061-08-05      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                                   | CUSIP: 0641598K5<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $240612.50    | 0.00%             | 2026-09-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680BX0<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     75000 | PA      | $55298.25     | 0.00%             | 2046-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X6P47<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    802138 | PA      | $749394.22    | 0.01%             | 2048-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                                 | CUSIP: 911312CD6<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151447.50    | 0.00%             | 2034-05-22      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DU83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    889607 | PA      | $808932.72    | 0.02%             | 2035-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CHICAGO                                                            | University of Chicago/The                                                                 | CUSIP: 91412NBE9<br>LEI: 54930099Y7GU6182V326 | Long             | DBT              | CORP              | US        |    100000 | PA      | $62797.00     | 0.00%             | 2050-04-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M6YJ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    254041 | PA      | $256432.53    | 0.00%             | 2038-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6A83<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    900874 | PA      | $792839.62    | 0.01%             | 2036-12-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTL GROUP                                                              | American International Group Inc                                                          | CUSIP: 026874DR5<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141450.00    | 0.00%             | 2030-06-30      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200KU4<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193988.00    | 0.00%             | 2032-07-27      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417F7F9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     55640 | PA      | $54418.40     | 0.00%             | 2028-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                                      | CUSIP: 49271VAR1<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    200000 | PA      | $160820.00    | 0.00%             | 2052-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804FP4<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    200000 | PA      | $171710.00    | 0.00%             | 2043-08-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GXR0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    500000 | PA      | $425955.00    | 0.01%             | 2032-01-27      | Fixed         | 1.99%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                            | MidAmerican Energy Co                                                                     | CUSIP: 595620AT2<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195228.00    | 0.00%             | 2029-04-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC                                                                       | Nasdaq Inc                                                                                | CUSIP: 63111XAB7<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65306.00     | 0.00%             | 2050-04-28      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J9N49<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     80218 | PA      | $79263.53     | 0.00%             | 2043-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                                     | CUSIP: 88579YAH4<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78226.00     | 0.00%             | 2044-06-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                               | CUSIP: 68389XBD6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140625.00    | 0.00%             | 2030-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                         | CUSIP: 478160CK8<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194650.00    | 0.00%             | 2028-01-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397D42<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207538.00    | 0.00%             | 2030-06-10      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SKZ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     43160 | PA      | $41344.20     | 0.00%             | 2031-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MARTIN MARIETTA MATERIAL                                                         | Martin Marietta Materials Inc                                                             | CUSIP: 573284BA3<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |    125000 | PA      | $124152.50    | 0.00%             | 2034-12-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VDU5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196522.00    | 0.00%             | 2037-03-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN UNIVERSITY                                                          | Northwestern University                                                                   | CUSIP: 668444AS1<br>LEI: OBWWNZE695DUK77DTI34 | Long             | DBT              | CORP              | US        |    100000 | PA      | $59641.00     | 0.00%             | 2050-12-01      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| NORDIC INVESTMENT BANK                                                           | Nordic Investment Bank                                                                    | CUSIP: 65562QBY0<br>LEI: 213800HYL1S7VAXG6Z48 | Long             | DBT              | NUSS              | XX        |    250000 | PA      | $252427.50    | 0.00%             | 2029-02-28      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                                | CUSIP: 31428XCN4<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |    100000 | PA      | $69348.00     | 0.00%             | 2041-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| INTERSTATE POWER & LIGHT                                                         | Interstate Power and Light Co                                                             | CUSIP: 461070AV6<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96644.00     | 0.00%             | 2034-09-30      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| UNUM GROUP                                                                       | Unum Group                                                                                | CUSIP: 91529YAN6<br>LEI: 549300E32YFDO6TZ8R31 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97330.00     | 0.00%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SEMPRA                                                                           | Sempra                                                                                    | CUSIP: 816851BR9<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150969.00    | 0.00%             | 2033-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                                       | CUSIP: 459058LR2<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |   1000000 | PA      | $1005370.00   | 0.02%             | 2030-03-20      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJY61<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    680399 | PA      | $596623.98    | 0.01%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WND6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2070373 | PA      | $1664804.67   | 0.03%             | 2051-09-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC                                                               | Analog Devices Inc                                                                        | CUSIP: 032654BB0<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100851.00    | 0.00%             | 2034-04-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                                                         | CenterPoint Energy Houston Electric LLC                                                   | CUSIP: 15189XBE7<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99461.00     | 0.00%             | 2034-03-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CHB0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7000000 | PA      | $6965410.13   | 0.13%             | 2026-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS                                                                   | ConocoPhillips                                                                            | CUSIP: 20825CBC7<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86291.00     | 0.00%             | 2047-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AON NORTH AMERICA INC                                                            | Aon North America Inc                                                                     | CUSIP: 03740MAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $303888.00    | 0.01%             | 2034-03-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Ameren Illinois Co                                                               | Ameren Illinois Co                                                                        | CUSIP: 02361DAS9<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74187.00     | 0.00%             | 2028-05-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJXD7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    641020 | PA      | $564558.25    | 0.01%             | 2045-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YFQ3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    500000 | PA      | $516515.00    | 0.01%             | 2030-04-18      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYSQ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    113602 | PA      | $103909.96    | 0.00%             | 2040-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 913017CW7<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    175000 | PA      | $157524.50    | 0.00%             | 2038-11-16      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D6F4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    417476 | PA      | $367507.93    | 0.01%             | 2036-11-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417C4P7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    171454 | PA      | $158734.23    | 0.00%             | 2042-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Energy Partners LP                                                 | Kinder Morgan Energy Partners LP                                                          | CUSIP: 494550AT3<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151695.00    | 0.00%             | 2035-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                                       | CUSIP: 65535HBK4<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $210090.00    | 0.00%             | 2033-01-18      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140Q9DG5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     61498 | PA      | $59191.43     | 0.00%             | 2048-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJYX2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     47249 | PA      | $39902.61     | 0.00%             | 2046-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                                                      | Nutrien Ltd                                                                               | CUSIP: 67077MAX6<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $108739.50    | 0.00%             | 2050-05-13      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                                                    | J M Smucker Co/The                                                                        | CUSIP: 832696AZ1<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |    150000 | PA      | $157894.50    | 0.00%             | 2053-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                                                         | Prudential Financial Inc                                                                  | CUSIP: 74432QCG8<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    200000 | PA      | $180478.00    | 0.00%             | 2030-03-10      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                                 | CUSIP: 911312AY2<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97438.00     | 0.00%             | 2026-11-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Memorial Sloan-Kettering Cancer Center                                           | Memorial Sloan-Kettering Cancer Center                                                    | CUSIP: 586054AA6<br>LEI: 549300IZ71UAMEHWL382 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93495.00     | 0.00%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QUYV2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1093269 | PA      | $1131778.92   | 0.02%             | 2054-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418AKN7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    116215 | PA      | $111798.20    | 0.00%             | 2032-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WHX9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    111282 | PA      | $102420.19    | 0.00%             | 2036-07-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 969457CJ7<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204954.00    | 0.00%             | 2033-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                             | Las Vegas Sands Corp                                                                      | CUSIP: 517834AK3<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101591.00    | 0.00%             | 2029-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FJ65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    190650 | PA      | $193388.62    | 0.00%             | 2040-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6C32<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    946704 | PA      | $937208.15    | 0.02%             | 2037-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3142GRB90<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2170040 | PA      | $2173291.62   | 0.04%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                               | Meta Platforms Inc                                                                        | CUSIP: 30303M8K1<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    250000 | PA      | $206595.00    | 0.00%             | 2062-08-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                                                 | Georgia Power Co                                                                          | CUSIP: 373334KV2<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76029.75     | 0.00%             | 2027-02-23      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Finance Corp                                                  | Berkshire Hathaway Finance Corp                                                           | CUSIP: 084664CR0<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    350000 | PA      | $289961.00    | 0.01%             | 2049-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BANKUNITED INC                                                                   | BankUnited Inc                                                                            | CUSIP: 06652KAB9<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73453.50     | 0.00%             | 2030-06-11      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D2L5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4072389 | PA      | $3185128.35   | 0.06%             | 2051-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 293791AP4<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     75000 | PA      | $81692.25     | 0.00%             | 2034-10-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                                                         | Baxter International Inc                                                                  | CUSIP: 071813CP2<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    250000 | PA      | $230830.00    | 0.00%             | 2028-12-01      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| ATMOS ENERGY CORP                                                                | Atmos Energy Corp                                                                         | CUSIP: 049560BA2<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104787.00    | 0.00%             | 2053-11-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076BN1<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194972.00    | 0.00%             | 2026-09-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| BAT Capital Corp                                                                 | BAT Capital Corp                                                                          | CUSIP: 05526DBN4<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    175000 | PA      | $176008.00    | 0.00%             | 2030-04-02      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                                                             | Boston Properties LP                                                                      | CUSIP: 10112RBC7<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |    100000 | PA      | $90628.00     | 0.00%             | 2030-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179MKL3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     11075 | PA      | $10867.21     | 0.00%             | 2027-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                                | CUSIP: 14040HCX1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203590.00    | 0.00%             | 2029-02-01      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                                              | Abbott Laboratories                                                                       | CUSIP: 002824AV2<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |    100000 | PA      | $108381.00    | 0.00%             | 2039-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NEC1<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196054.00    | 0.00%             | 2033-02-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31283HUA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     25544 | PA      | $26346.12     | 0.00%             | 2032-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                               | CUSIP: 302154EK1<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $204012.00    | 0.00%             | 2030-01-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202FY59<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    205725 | PA      | $188719.19    | 0.00%             | 2041-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ADVANCED MICRO DEVICES                                                           | Advanced Micro Devices Inc                                                                | CUSIP: 007903BF3<br>LEI: R2I72C950HOYXII45366 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95260.00     | 0.00%             | 2032-06-01      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                               | CUSIP: 68389XBF1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    350000 | PA      | $270273.50    | 0.01%             | 2045-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORP                                                                     | Newmont Corp                                                                              | CUSIP: 651639AX4<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93954.00     | 0.00%             | 2029-10-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133CAGF1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000132 | PA      | $1036842.34   | 0.02%             | 2053-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                                                          | Jefferies Financial Group Inc                                                             | CUSIP: 47233JGT9<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    200000 | PA      | $170856.00    | 0.00%             | 2031-10-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| CENCORA INC                                                                      | Cencora Inc                                                                               | CUSIP: 03073EAN5<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79843.00     | 0.00%             | 2045-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                                        | CUSIP: 756109BH6<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    100000 | PA      | $97582.00     | 0.00%             | 2028-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162CW8<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    175000 | PA      | $153625.50    | 0.00%             | 2031-02-25      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | City of Houston                                                                           | CUSIP: 4423313K8<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    120000 | PA      | $98320.80     | 0.00%             | 2047-03-01      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31419JS90<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    215183 | PA      | $206850.90    | 0.00%             | 2040-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS CO                                                               | Sonoco Products Co                                                                        | CUSIP: 835495AS1<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142765.50    | 0.00%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                                 | CUSIP: 037833DD9<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    200000 | PA      | $154664.00    | 0.00%             | 2047-09-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport                                                      | CUSIP: 167593H62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $125964.60    | 0.00%             | 2049-01-01      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YKS2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    843200 | PA      | $841005.35    | 0.02%             | 2053-11-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Crown Castle International Corp                                                  | Crown Castle Inc                                                                          | CUSIP: 22822VAH4<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    200000 | PA      | $195436.00    | 0.00%             | 2027-09-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111EY5<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99347.00     | 0.00%             | 2039-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWKK8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1327213 | PA      | $1383834.37   | 0.03%             | 2054-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LEND                                                          | Blackstone Secured Lending Fund                                                           | CUSIP: 09261XAJ1<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100248.00    | 0.00%             | 2028-04-13      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| CBRE SERVICES INC                                                                | CBRE Services Inc                                                                         | CUSIP: 12505BAG5<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155073.00    | 0.00%             | 2034-08-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO                                                              | Consumers Energy Co                                                                       | CUSIP: 210518DF0<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65564.00     | 0.00%             | 2050-08-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ANDREW W MELLON FOUNDATI                                                         | Andrew W Mellon Foundation/The                                                            | CUSIP: 03444RAB4<br>LEI: HVIJIPOQ5TXYVD3NET54 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93253.00     | 0.00%             | 2027-08-01      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| Broadcom Corp / Broadcom Cayman Finance Ltd                                      | Broadcom Corp / Broadcom Cayman Finance Ltd                                               | CUSIP: 11134LAH2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    500000 | PA      | $495900.00    | 0.01%             | 2027-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 912828YB0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8350000 | PA      | $7626550.82   | 0.14%             | 2029-08-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                               | CUSIP: 13648TAA5<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $89169.00     | 0.00%             | 2030-03-05      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                             | CUSIP: 45866FAU8<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    300000 | PA      | $297687.00    | 0.01%             | 2027-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV4X0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     98802 | PA      | $88701.96     | 0.00%             | 2050-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                               | CUSIP: 931142CM3<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    175000 | PA      | $193970.00    | 0.00%             | 2038-04-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJT75<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    149275 | PA      | $142047.69    | 0.00%             | 2044-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081FR3<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    150000 | PA      | $118761.00    | 0.00%             | 2048-06-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| TANGER PROPERTIES LP                                                             | Tanger Properties LP                                                                      | CUSIP: 875484AL1<br>LEI: PQPGJDNFN35EXH363L31 | Long             | DBT              |  | US        |    100000 | PA      | $86474.00     | 0.00%             | 2031-09-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| APA CORP                                                                         | APA Corp                                                                                  | CUSIP: 03743QAH1<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |    125000 | PA      | $101970.00    | 0.00%             | 2040-09-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                                        | CUSIP: 05964HAQ8<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $198142.00    | 0.00%             | 2028-03-24      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CFB2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8050000 | PA      | $7861642.56   | 0.15%             | 2027-07-31      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JDA9<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    125000 | PA      | $122008.75    | 0.00%             | 2055-04-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| BHP BILLITON FIN USA LTD                                                         | BHP Billiton Finance USA Ltd                                                              | CUSIP: 055451BD9<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | CORP              | AU        |    150000 | PA      | $154171.50    | 0.00%             | 2030-09-08      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ABBOTT LABORATORIES                                                              | Abbott Laboratories                                                                       | CUSIP: 002824BP4<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46561.00     | 0.00%             | 2028-01-30      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| BLACKROCK INC                                                                    | Blackrock Inc                                                                             | CUSIP: 09247XAR2<br>LEI: 529900VBK42Y5HHRMD23 | Long             | DBT              | CORP              | US        |    250000 | PA      | $217740.00    | 0.00%             | 2031-01-28      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TCX1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    414139 | PA      | $374984.66    | 0.01%             | 2047-07-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                                                  | Sands China Ltd                                                                           | CUSIP: 80007RAL9<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $188364.00    | 0.00%             | 2030-06-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ERTU4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     64420 | PA      | $67123.29     | 0.00%             | 2041-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| STORE CAPITAL LLC                                                                | Store Capital LLC                                                                         | CUSIP: 862121AA8<br>LEI: 254900Z9PIEFQ6AYXK50 | Long             | DBT              |  | US        |    100000 | PA      | $98239.00     | 0.00%             | 2028-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179V4U1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4662049 | PA      | $3750375.46   | 0.07%             | 2051-01-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                         | CUSIP: 78009PEH0<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $402640.00    | 0.01%             | 2030-01-27      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 94974BGT1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    400000 | PA      | $317236.00    | 0.01%             | 2046-06-14      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D56Z0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    839305 | PA      | $742771.62    | 0.01%             | 2036-02-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                                       | CUSIP: 37940XAD4<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    225000 | PA      | $203996.25    | 0.00%             | 2030-05-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| WESTLAKE CORP                                                                    | Westlake Corp                                                                             | CUSIP: 960413AW2<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93331.00     | 0.00%             | 2030-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MBZ2<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    150000 | PA      | $130696.50    | 0.00%             | 2030-09-23      | Fixed         | 2.14%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 969457BV1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95320.00     | 0.00%             | 2044-06-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| EMBRAER NETHERLANDS FINA                                                         | Embraer Netherlands Finance BV                                                            | CUSIP: 29082HAE2<br>LEI: 724500PBR8LR26XBSP67 | Long             | DBT              | CORP              | NL        |    125000 | PA      | $126632.50    | 0.00%             | 2035-02-11      | Fixed         | 5.98%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U3H4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    600000 | PA      | $644022.00    | 0.01%             | 2034-10-23      | Fixed         | 6.49%                 | No            |                  2 | On Loan: No      |
| International Bank for Reconstruction & Development                              | International Bank for Reconstruction & Development                                       | CUSIP: 459058JX2<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    550000 | PA      | $530904.00    | 0.01%             | 2026-07-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority                                                        | CUSIP: 64990FMT8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100990.70    | 0.00%             | 2039-03-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                                               | Vodafone Group PLC                                                                        | CUSIP: 92857WBY5<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $137721.00    | 0.00%             | 2053-02-10      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EYN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1553357 | PA      | $1571569.50   | 0.03%             | 2053-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280DW6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $420720.00    | 0.01%             | 2044-03-09      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214EL3<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    100000 | PA      | $92890.00     | 0.00%             | 2030-01-16      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| HERSHEY COMPANY                                                                  | Hershey Co/The                                                                            | CUSIP: 427866BD9<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92416.00     | 0.00%             | 2029-11-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661CX3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     95000 | PA      | $81515.70     | 0.00%             | 2042-04-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| PRIVATE EXPORT FUNDING                                                           | Private Export Funding Corp                                                               | CUSIP: 742651DY5<br>LEI: CYQE6SAYPFKNQJ6FMH60 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92158.00     | 0.00%             | 2028-07-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | Mastercard Inc                                                                            | CUSIP: 57636QAQ7<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    275000 | PA      | $211370.50    | 0.00%             | 2050-03-26      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                                        | CUSIP: 907818EN4<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     75000 | PA      | $58657.50     | 0.00%             | 2047-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448FE3<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    250000 | PA      | $214415.00    | 0.00%             | 2031-10-21      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                         | CUSIP: 639057AF5<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $203312.00    | 0.00%             | 2028-09-30      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                              | CUSIP: 883556DB5<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101276.00    | 0.00%             | 2034-01-31      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818FE3<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71602.00     | 0.00%             | 2059-08-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                                           | Santander Holdings USA Inc                                                                | CUSIP: 80282KAZ9<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147091.50    | 0.00%             | 2026-10-05      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                                                           | Brookfield Finance Inc                                                                    | CUSIP: 11271LAH5<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $89006.00     | 0.00%             | 2031-04-15      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| American Express Co                                                              | American Express Co                                                                       | CUSIP: 025816BF5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    150000 | PA      | $124597.50    | 0.00%             | 2042-12-03      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS CO                                                               | Ameren Illinois Co                                                                        | CUSIP: 02361DAZ3<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50158.50     | 0.00%             | 2052-12-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| LKQ CORP                                                                         | LKQ Corp                                                                                  | CUSIP: 501889AD1<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153885.00    | 0.00%             | 2028-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                                       | CUSIP: 65535HAZ2<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $240472.50    | 0.00%             | 2027-01-22      | Fixed         | 2.33%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UXS6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    473170 | PA      | $414614.01    | 0.01%             | 2049-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES                           | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137BUX60<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    300000 | PA      | $295698.85    | 0.01%             | 2026-12-25      | Fixed         | 3.41%                 | No            |                  2 | On Loan: No      |
| BorgWarner Inc                                                                   | BorgWarner Inc                                                                            | CUSIP: 099724AH9<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79836.00     | 0.00%             | 2045-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417FSB5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    274355 | PA      | $245612.66    | 0.00%             | 2043-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                                  | CUSIP: 298785JP2<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $477945.00    | 0.01%             | 2026-10-26      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | Mastercard Inc                                                                            | CUSIP: 57636QBB9<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197224.00    | 0.00%             | 2032-01-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Exelon Corp                                                                      | Exelon Corp                                                                               | CUSIP: 30161NAQ4<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     80000 | PA      | $76500.80     | 0.00%             | 2035-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200JR3<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147559.50    | 0.00%             | 2027-01-27      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                                                                | TSMC Arizona Corp                                                                         | CUSIP: 872898AH4<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194598.00    | 0.00%             | 2032-04-22      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                          | CUSIP: 054989AA6<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    200000 | PA      | $213416.00    | 0.00%             | 2030-08-02      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661DJ3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80317.00     | 0.00%             | 2045-09-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                       | PacifiCorp                                                                                | CUSIP: 695114CD8<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99979.00     | 0.00%             | 2037-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748BN1<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    140000 | PA      | $124202.40    | 0.00%             | 2030-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| TUCSON ELECTRIC POWER CO                                                         | Tucson Electric Power Co                                                                  | CUSIP: 898813AS9<br>LEI: YLF139GXSRKPBBTNZL03 | Long             | DBT              | CORP              | US        |    200000 | PA      | $170236.00    | 0.00%             | 2030-08-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U3B7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    750000 | PA      | $737655.00    | 0.01%             | 2033-07-25      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| GATX CORP                                                                        | GATX Corp                                                                                 | CUSIP: 361448BS1<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99273.00     | 0.00%             | 2035-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EVEREST REINSURANCE HLDG                                                         | Everest Reinsurance Holdings Inc                                                          | CUSIP: 299808AJ4<br>LEI: 254900P29PM5UJR3VU91 | Long             | DBT              | CORP              | US        |    150000 | PA      | $90388.50     | 0.00%             | 2052-10-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833ER7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    200000 | PA      | $154688.00    | 0.00%             | 2062-08-08      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                             | CUSIP: 345370CX6<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    100000 | PA      | $113572.00    | 0.00%             | 2030-04-22      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| VMWARE LLC                                                                       | VMware LLC                                                                                | CUSIP: 928563AC9<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197350.00    | 0.00%             | 2027-08-21      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WTUT1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1565909 | PA      | $1401753.60   | 0.03%             | 2043-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PIEDMONT NATURAL GAS CO                                                          | Piedmont Natural Gas Co Inc                                                               | CUSIP: 720186AN5<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87855.00     | 0.00%             | 2031-03-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | Fiserv Inc                                                                                | CUSIP: 337738BG2<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153592.50    | 0.00%             | 2028-08-21      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BAIDU INC                                                                        | Baidu Inc                                                                                 | CUSIP: 056752AT5<br>LEI: 254900AL64IANZYI1E02 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $179886.00    | 0.00%             | 2030-10-09      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV4J1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    101354 | PA      | $90993.33     | 0.00%             | 2049-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418ERA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    745459 | PA      | $754599.82    | 0.01%             | 2053-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| University of Michigan                                                           | University of Michigan                                                                    | CUSIP: 914455UF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $176829.00    | 0.00%             | 2040-04-01      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                                   | CUSIP: 808513BP9<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    200000 | PA      | $188466.00    | 0.00%             | 2028-03-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS LLC                                                           | Chubb INA Holdings LLC                                                                    | CUSIP: 00440EAQ0<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |    200000 | PA      | $166266.00    | 0.00%             | 2043-03-13      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds                                       | Philippines Government International Bonds                                                | CUSIP: 718286CG0<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    200000 | PA      | $195922.00    | 0.00%             | 2029-01-14      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| INTERSTATE POWER & LIGHT                                                         | Interstate Power and Light Co                                                             | CUSIP: 461070AU8<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76634.25     | 0.00%             | 2033-10-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YFA8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    500000 | PA      | $506075.00    | 0.01%             | 2029-02-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179NX52<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    463816 | PA      | $425361.78    | 0.01%             | 2044-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                             | CUSIP: 571903BU6<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    275000 | PA      | $268845.50    | 0.01%             | 2037-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                                   | CUSIP: 06418JAC5<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $155227.50    | 0.00%             | 2034-02-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132A9QP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     75539 | PA      | $72896.54     | 0.00%             | 2030-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                                                              | CDW LLC / CDW Finance Corp                                                                | CUSIP: 12513GBF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $93987.00     | 0.00%             | 2029-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Baxter International Inc                                                         | Baxter International Inc                                                                  | CUSIP: 071813BQ1<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    129000 | PA      | $126031.71    | 0.00%             | 2026-08-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| ADOBE INC                                                                        | Adobe Inc                                                                                 | CUSIP: 00724PAE9<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101231.00    | 0.00%             | 2027-04-04      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                                        | CUSIP: 05964HAS4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    400000 | PA      | $404984.00    | 0.01%             | 2027-08-18      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31410LNY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     72704 | PA      | $73257.99     | 0.00%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                            | CUSIP: 58933YBD6<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    200000 | PA      | $184960.00    | 0.00%             | 2028-12-10      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CJA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    164942 | PA      | $144448.84    | 0.00%             | 2047-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                                    | CUSIP: 04517PBT8<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    350000 | PA      | $340053.00    | 0.01%             | 2033-06-14      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                         | Constellation Brands Inc                                                                  | CUSIP: 21036PBG2<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    150000 | PA      | $106522.50    | 0.00%             | 2050-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RKJ0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1385000 | PA      | $921025.00    | 0.02%             | 2053-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Procter & Gamble Co/The                                                          | Procter & Gamble Co/The                                                                   | CUSIP: 742718FB0<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74837.00     | 0.00%             | 2047-10-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397G56<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195300.00    | 0.00%             | 2035-02-07      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PUB SVC NEW HAMP                                                                 | Public Service Co of New Hampshire                                                        | CUSIP: 744538AF6<br>LEI: 549300SHPFALUPKK2351 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101806.00    | 0.00%             | 2033-10-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                                   | CUSIP: 824348BL9<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89280.00     | 0.00%             | 2030-05-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XBQ3<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |    150000 | PA      | $77343.00     | 0.00%             | 2050-10-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas LLC                                                        | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CAE4<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    150000 | PA      | $157120.50    | 0.00%             | 2038-04-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QCD86<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    209460 | PA      | $195727.83    | 0.00%             | 2049-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES                           | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137BNGT5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      9166 | PA      | $9055.80      | 0.00%             | 2026-01-25      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M9Z54<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    362125 | PA      | $335488.25    | 0.01%             | 2043-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138MQ3X9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     10608 | PA      | $10381.65     | 0.00%             | 2027-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EVERGY KANSAS CENTRAL                                                            | Evergy Kansas Central Inc                                                                 | CUSIP: 95709TAM2<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80414.00     | 0.00%             | 2045-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYU80<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    497026 | PA      | $404658.45    | 0.01%             | 2041-04-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U2G7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    600000 | PA      | $554304.00    | 0.01%             | 2030-10-30      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| LOUISVILLE GAS & ELEC                                                            | Louisville Gas and Electric Co                                                            | CUSIP: 546676AZ0<br>LEI: KO3GRIB3RPH1XDX50U72 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76524.00     | 0.00%             | 2033-04-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                                                  | Chevron USA Inc                                                                           | CUSIP: 166756BD7<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202618.00    | 0.00%             | 2030-04-15      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                               | CUSIP: 438516CQ7<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101844.00    | 0.00%             | 2029-09-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                         | CUSIP: 478160AN4<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    200000 | PA      | $217784.00    | 0.00%             | 2037-08-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Fomento Economico Mexicano SAB de CV                                             | Fomento Economico Mexicano SAB de CV                                                      | CUSIP: 344419AC0<br>LEI: 549300A8MDWDJNMLV153 | Long             | DBT              | CORP              | MX        |    300000 | PA      | $212880.00    | 0.00%             | 2050-01-16      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214FN8<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $260505.00    | 0.00%             | 2028-11-17      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WFDE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    254458 | PA      | $240048.88    | 0.00%             | 2035-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XNZL1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    574076 | PA      | $592615.51    | 0.01%             | 2054-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Caterpillar Financial Services Corp                                              | Caterpillar Financial Services Corp                                                       | CUSIP: 14913R2G1<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139884.00    | 0.00%             | 2027-09-14      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                                         | Devon Energy Corp                                                                         | CUSIP: 25179MBF9<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |    130000 | PA      | $126701.90    | 0.00%             | 2030-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY RES                                                           | CenterPoint Energy Resources Corp                                                         | CUSIP: 15189WAS9<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75417.75     | 0.00%             | 2034-07-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ENTERGY CORP                                                                     | Entergy Corp                                                                              | CUSIP: 29364GAQ6<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |    300000 | PA      | $307701.00    | 0.01%             | 2054-12-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                                | CUSIP: 14040HDJ1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    300000 | PA      | $297618.00    | 0.01%             | 2036-01-30      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810QB7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1887500 | PA      | $1805659.19   | 0.03%             | 2039-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216DY3<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148921.50    | 0.00%             | 2034-08-14      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                                                               | Essex Portfolio LP                                                                        | CUSIP: 29717PAV9<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              |  | US        |    150000 | PA      | $128559.00    | 0.00%             | 2032-03-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| STRYKER CORP                                                                     | Stryker Corp                                                                              | CUSIP: 863667BF7<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145321.50    | 0.00%             | 2034-09-11      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M6SU3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     45381 | PA      | $46580.25     | 0.00%             | 2038-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Israel                                                                  | Israel Government International Bond                                                      | CUSIP: 4651387N9<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    300000 | PA      | $246933.00    | 0.00%             | 2043-01-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                         | CUSIP: 20826FBH8<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138318.00    | 0.00%             | 2063-09-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179V7G9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    301669 | PA      | $271789.92    | 0.01%             | 2051-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NETAPP INC                                                                       | NetApp Inc                                                                                | CUSIP: 64110DAK0<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90111.00     | 0.00%             | 2030-06-22      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175CR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $313860.00    | 0.01%             | 2034-06-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EXT1<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152956.50    | 0.00%             | 2029-06-11      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORP                                                            | Northrop Grumman Corp                                                                     | CUSIP: 666807BS0<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148875.00    | 0.00%             | 2030-05-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas LLC                                                        | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CAA2<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104929.00    | 0.00%             | 2037-06-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | Fiserv Inc                                                                                | CUSIP: 337738AT5<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    400000 | PA      | $394332.00    | 0.01%             | 2026-07-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                                   | CUSIP: 828807DK0<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    150000 | PA      | $136416.00    | 0.00%             | 2030-07-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162DU1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    450000 | PA      | $426537.00    | 0.01%             | 2063-03-02      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BLACKROCK INC                                                                    | Blackrock Inc                                                                             | CUSIP: 09247XAQ4<br>LEI: 529900VBK42Y5HHRMD23 | Long             | DBT              | CORP              | US        |    200000 | PA      | $182614.00    | 0.00%             | 2030-04-30      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138LUSX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     38386 | PA      | $35550.34     | 0.00%             | 2042-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                                | CUSIP: 31428XCM6<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     50000 | PA      | $43630.50     | 0.00%             | 2035-02-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                                                                      | Netflix Inc                                                                               | CUSIP: 64110LAS5<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    275000 | PA      | $279496.25    | 0.01%             | 2028-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                                        | CUSIP: 29273VBD1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    125000 | PA      | $126337.50    | 0.00%             | 2030-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ECFT5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     22151 | PA      | $21848.20     | 0.00%             | 2027-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                                 | CUSIP: 674599EJ0<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198562.00    | 0.00%             | 2029-08-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804FB5<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154924.50    | 0.00%             | 2037-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Japan Bank for International Cooperation                                         | Japan Bank for International Cooperation                                                  | CUSIP: 471048BQ0<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    250000 | PA      | $242127.50    | 0.00%             | 2027-11-16      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Dow Chemical Co/The                                                              | Dow Chemical Co/The                                                                       | CUSIP: 260543BY8<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    100000 | PA      | $126887.00    | 0.00%             | 2039-05-15      | Fixed         | 9.40%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 913017CR8<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195434.00    | 0.00%             | 2027-05-04      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NBW0<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193842.00    | 0.00%             | 2027-01-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                                       | CUSIP: 015271AY5<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |    150000 | PA      | $123312.00    | 0.00%             | 2034-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31307EHJ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    153213 | PA      | $150356.55    | 0.00%             | 2028-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GJZ3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    500000 | PA      | $464280.00    | 0.01%             | 2029-06-14      | Fixed         | 2.09%                 | No            |                  2 | On Loan: No      |
| TRANSCONT GAS PIPE LINE                                                          | Transcontinental Gas Pipe Line Co LLC                                                     | CUSIP: 893574AM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $82017.00     | 0.00%             | 2048-03-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                                                   | Starbucks Corp                                                                            | CUSIP: 855244BG3<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201364.00    | 0.00%             | 2027-02-08      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                                                  | Caterpillar Inc                                                                           | CUSIP: 149123CE9<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84679.00     | 0.00%             | 2064-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ENGK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    588063 | PA      | $558915.96    | 0.01%             | 2044-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER CO                                                                 | Alabama Power Co                                                                          | CUSIP: 010392FU7<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |    150000 | PA      | $128856.00    | 0.00%             | 2030-09-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| OTIS WORLDWIDE CORP                                                              | Otis Worldwide Corp                                                                       | CUSIP: 68902VAK3<br>LEI: 549300ZLBKR8VSU25153 | Long             | DBT              | CORP              | US        |    250000 | PA      | $228305.00    | 0.00%             | 2030-02-15      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162DC1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    150000 | PA      | $93765.00     | 0.00%             | 2052-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                                | L3Harris Technologies Inc                                                                 | CUSIP: 413875AW5<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149337.00    | 0.00%             | 2028-06-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TMJ1<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150354.00    | 0.00%             | 2026-08-07      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                             | CUSIP: 501044DN8<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    150000 | PA      | $110530.50    | 0.00%             | 2050-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                                    | Boeing Co/The                                                                             | CUSIP: 097023BV6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     50000 | PA      | $33988.50     | 0.00%             | 2047-03-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| FMC CORP                                                                         | FMC Corp                                                                                  | CUSIP: 302491AT2<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97783.00     | 0.00%             | 2026-10-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810RX8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4200000 | PA      | $3078468.75   | 0.06%             | 2047-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CDP3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $9169140.60   | 0.17%             | 2028-12-31      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                               | CUSIP: 68389XDB8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    350000 | PA      | $339762.50    | 0.01%             | 2055-08-03      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36178NF95<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    222962 | PA      | $200589.90    | 0.00%             | 2042-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CCV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10900000 | PA      | $9991808.62   | 0.19%             | 2028-08-31      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D3Z3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1077123 | PA      | $923704.91    | 0.02%             | 2051-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128P7XS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     21830 | PA      | $21322.32     | 0.00%             | 2032-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XQ25<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     70262 | PA      | $72741.24     | 0.00%             | 2053-01-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202FVF0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    137732 | PA      | $130730.29    | 0.00%             | 2041-07-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66 CO                                                                   | Phillips 66 Co                                                                            | CUSIP: 718547AR3<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149527.50    | 0.00%             | 2033-06-30      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                                                         | Cheniere Energy Partners LP                                                               | CUSIP: 16411QAS0<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201200.00    | 0.00%             | 2034-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                                                         | Baxter International Inc                                                                  | CUSIP: 071813CS6<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    250000 | PA      | $214645.00    | 0.00%             | 2032-02-01      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400HR7<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84150.00     | 0.00%             | 2052-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC                                                           | Roper Technologies Inc                                                                    | CUSIP: 776743AG1<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93590.00     | 0.00%             | 2029-09-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2016-C32                                            | CUSIP: 94989YAZ6<br>LEI: 549300VOKB4Z9J8DIM89 | Long             | ABS-MBS          | CORP              | US        |   1200000 | PA      | $1191396.65   | 0.02%             | 2059-01-15      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XAW0<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    350000 | PA      | $337848.00    | 0.01%             | 2029-08-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CONAGRA BRANDS INC                                                               | Conagra Brands Inc                                                                        | CUSIP: 205887CJ9<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201564.00    | 0.00%             | 2026-10-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York                                                                          | CUSIP: 64966SHN9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     75000 | PA      | $68206.05     | 0.00%             | 2054-10-01      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SGK7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    362271 | PA      | $320582.21    | 0.01%             | 2046-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJWA4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    159205 | PA      | $140214.91    | 0.00%             | 2045-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31292SA67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    339351 | PA      | $305822.02    | 0.01%             | 2043-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202FV86<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     62537 | PA      | $59357.53     | 0.00%             | 2041-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448FS2<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149134.50    | 0.00%             | 2033-02-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                                                            | Entergy Louisiana LLC                                                                     | CUSIP: 29364WBC1<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    150000 | PA      | $115746.00    | 0.00%             | 2050-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                                | CUSIP: 444859BQ4<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142867.50    | 0.00%             | 2027-02-03      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| NIKE Inc                                                                         | NIKE Inc                                                                                  | CUSIP: 654106AE3<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |    150000 | PA      | $116320.50    | 0.00%             | 2045-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FEDEX 2020-1 PASS TST                                                            | Federal Express Corp 2020-1 Pass Through Trusts                                           | CUSIP: 314353AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    189843 | PA      | $160719.44    | 0.00%             | 2034-02-20      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Canadian Pacific Railway Co                                                      | Canadian Pacific Railway Co                                                               | CUSIP: 13645RAF1<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $103657.00    | 0.00%             | 2037-05-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DHL9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    791463 | PA      | $683980.17    | 0.01%             | 2049-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | State of California                                                                       | CUSIP: 13063BFR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $352851.30    | 0.01%             | 2040-03-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| Autodesk Inc                                                                     | Autodesk Inc                                                                              | CUSIP: 052769AE6<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98262.00     | 0.00%             | 2027-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J9SN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    315389 | PA      | $275591.42    | 0.01%             | 2048-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477BS1<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96429.00     | 0.00%             | 2028-02-07      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                               | CUSIP: 438516CL8<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199232.00    | 0.00%             | 2029-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457CL0<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246277.50    | 0.00%             | 2034-02-09      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                         | Metropolitan Transportation Authority Dedicated Tax Fund                                  | CUSIP: 59259NZH9<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    175000 | PA      | $202180.48    | 0.00%             | 2039-11-15      | Fixed         | 7.34%                 | No            |                  2 | On Loan: No      |
| CLECO CORPORATE HOLDINGS                                                         | Cleco Corporate Holdings LLC                                                              | CUSIP: 18551PAD1<br>LEI: 5493002H80P81B3HXL31 | Long             | DBT              | CORP              | US        |     75000 | PA      | $61934.25     | 0.00%             | 2046-05-01      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| Aetna Inc                                                                        | Aetna Inc                                                                                 | CUSIP: 00817YAZ1<br>LEI: 549300QKBENKLBXQ8968 | Long             | DBT              | CORP              | US        |     75000 | PA      | $53036.25     | 0.00%             | 2047-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418C3C6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    211173 | PA      | $190461.15    | 0.00%             | 2048-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Japan Bank for International Cooperation                                         | Japan Bank for International Cooperation                                                  | CUSIP: 471048AZ1<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    300000 | PA      | $292011.00    | 0.01%             | 2026-11-04      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE OKLAHOMA                                                          | Public Service Co of Oklahoma                                                             | CUSIP: 744533BM1<br>LEI: F3TJNSIZRGXRH8GEIK79 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85166.00     | 0.00%             | 2031-08-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| AvalonBay Communities Inc                                                        | AvalonBay Communities Inc                                                                 | CUSIP: 05348EBG3<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |    100000 | PA      | $90453.00     | 0.00%             | 2030-03-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| AEP Transmission Co LLC                                                          | AEP Transmission Co LLC                                                                   | CUSIP: 00115AAJ8<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78646.00     | 0.00%             | 2048-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WVT2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2353259 | PA      | $1892090.15   | 0.04%             | 2052-01-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 75513ECX7<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    300000 | PA      | $320628.00    | 0.01%             | 2054-03-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| COUNCIL OF EUROPE                                                                | Council Of Europe Development Bank                                                        | CUSIP: 222213BF6<br>LEI: 549300UYNXMI821WYG82 | Long             | DBT              | NUSS              | XX        |    350000 | PA      | $354329.50    | 0.01%             | 2027-06-11      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Humana Inc                                                                       | Humana Inc                                                                                | CUSIP: 444859BB7<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     75000 | PA      | $60928.50     | 0.00%             | 2042-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Uruguay Government International Bonds                                           | Uruguay Government International Bonds                                                    | CUSIP: 760942AS1<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    250000 | PA      | $294907.50    | 0.01%             | 2036-03-21      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJ2S8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    123194 | PA      | $111491.69    | 0.00%             | 2047-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KJMA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    436927 | PA      | $347216.76    | 0.01%             | 2050-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NIKE INC                                                                         | NIKE Inc                                                                                  | CUSIP: 654106AJ2<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194916.00    | 0.00%             | 2027-03-27      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Suncor Energy Inc                                                                | Suncor Energy Inc                                                                         | CUSIP: 867229AD8<br>LEI: 549300W70ZOQDVLCHY06 | Long             | DBT              | CORP              | CA        |     75000 | PA      | $76067.25     | 0.00%             | 2034-12-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                                   | CUSIP: 808513BT1<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    125000 | PA      | $105035.00    | 0.00%             | 2031-12-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| TJX COS INC                                                                      | TJX Cos Inc/The                                                                           | CUSIP: 872540AW9<br>LEI: V167QI9I69W364E2DY52 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85147.00     | 0.00%             | 2031-05-15      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| XCEL ENERGY INC                                                                  | Xcel Energy Inc                                                                           | CUSIP: 98388MAD9<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192070.00    | 0.00%             | 2032-06-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                                                            | PACCAR Financial Corp                                                                     | CUSIP: 69371RT63<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100939.00    | 0.00%             | 2028-03-03      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Arizona Public Service Co                                                        | Arizona Public Service Co                                                                 | CUSIP: 040555CN2<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    150000 | PA      | $124876.50    | 0.00%             | 2042-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                          | CUSIP: 95040QAJ3<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |    100000 | PA      | $93924.00     | 0.00%             | 2030-01-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| HUBBELL INC                                                                      | Hubbell Inc                                                                               | CUSIP: 443510AK8<br>LEI: 54930088VDQ6840Y6597 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87299.00     | 0.00%             | 2031-03-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| ALLEGHANY CORP                                                                   | Alleghany Corp                                                                            | CUSIP: 017175AE0<br>LEI: 549300DCJE6AYX159479 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96209.00     | 0.00%             | 2030-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| NY & PRESBYTERIAN HOSPIT                                                         | New York and Presbyterian Hospital/The                                                    | CUSIP: 649322AF1<br>LEI: 19EOSPKL8HML7MY3UE63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $66286.00     | 0.00%             | 2119-08-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                                  | CUSIP: 471048DA3<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $200618.00    | 0.00%             | 2034-04-17      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                                                          | Jefferies Financial Group Inc                                                             | CUSIP: 472319AM4<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50451.00     | 0.00%             | 2043-01-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ConocoPhillips                                                                   | ConocoPhillips                                                                            | CUSIP: 20825CAP9<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | DBT              | CORP              | US        |    125000 | PA      | $128593.75    | 0.00%             | 2038-05-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748BJ0<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    200000 | PA      | $175848.00    | 0.00%             | 2049-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PEJ7<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    250000 | PA      | $237737.50    | 0.00%             | 2032-05-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280EN5<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $404048.00    | 0.01%             | 2030-11-19      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                               | CUSIP: 02665WFK2<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151060.50    | 0.00%             | 2027-07-09      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833DY3<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    200000 | PA      | $172152.00    | 0.00%             | 2030-08-20      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| MASS INSTITUTE OF TECH                                                           | Massachusetts Institute of Technology                                                     | CUSIP: 575718AG6<br>LEI: DLZO3A31IADZ27B62557 | Long             | DBT              | CORP              | US        |    100000 | PA      | $64859.00     | 0.00%             | 2050-07-01      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NEE7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196730.00    | 0.00%             | 2033-05-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON INGALLS INDUS                                                         | Huntington Ingalls Industries Inc                                                         | CUSIP: 446413BB1<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101323.00    | 0.00%             | 2035-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority                                                             | CUSIP: 66285WFB7<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    150000 | PA      | $161740.80    | 0.00%             | 2049-01-01      | Fixed         | 6.72%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORP                                                                     | Newmont Corp                                                                              | CUSIP: 651639AY2<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |    200000 | PA      | $178782.00    | 0.00%             | 2030-10-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133BKHB8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    209456 | PA      | $209541.64    | 0.00%             | 2052-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corp                                                            | Novartis Capital Corp                                                                     | CUSIP: 66989HAF5<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79975.00     | 0.00%             | 2042-09-21      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                                 | CUSIP: 674599EA9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    200000 | PA      | $225648.00    | 0.00%             | 2030-07-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| ADVANCED MICRO DEVICES                                                           | Advanced Micro Devices Inc                                                                | CUSIP: 007903BJ5<br>LEI: R2I72C950HOYXII45366 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100462.00    | 0.00%             | 2028-03-24      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844CL0<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $61035.00     | 0.00%             | 2051-08-25      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Medtronic Inc                                                                    | Medtronic Inc                                                                             | CUSIP: 585055BT2<br>LEI: D56MRZY2INAN94ZONZ37 | Long             | DBT              | CORP              | US        |    400000 | PA      | $380752.00    | 0.01%             | 2035-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                             | CUSIP: 501044CT6<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |     75000 | PA      | $67971.00     | 0.00%             | 2043-08-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BAKER HUGHES LLC/CO-OBL                                                          | Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc                                   | CUSIP: 05724BAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $148513.50    | 0.00%             | 2030-05-01      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| TR FINANCE LLC                                                                   | TR Finance LLC                                                                            | CUSIP: 87268LAB3<br>LEI: 254900OWSTRTOV8P5W25 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100844.00    | 0.00%             | 2040-04-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                                  | CUSIP: 298785JT4<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $492700.00    | 0.01%             | 2027-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Tyson Foods Inc                                                                  | Tyson Foods Inc                                                                           | CUSIP: 902494BK8<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148384.50    | 0.00%             | 2029-03-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| COTERRA ENERGY INC                                                               | Coterra Energy Inc                                                                        | CUSIP: 127097AG8<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147805.50    | 0.00%             | 2027-05-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DTP7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    357506 | PA      | $264752.21    | 0.00%             | 2050-10-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335BJZ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    113034 | PA      | $109156.48    | 0.00%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DQZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    233451 | PA      | $199320.52    | 0.00%             | 2040-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PFJ6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    375000 | PA      | $370436.25    | 0.01%             | 2034-07-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CCF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11000000 | PA      | $10637128.92  | 0.20%             | 2026-05-31      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| SERVICENOW INC                                                                   | ServiceNow Inc                                                                            | CUSIP: 81762PAE2<br>LEI: 549300HJTQM36M0E1G39 | Long             | DBT              | CORP              | US        |    300000 | PA      | $256734.00    | 0.00%             | 2030-09-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                                   | CUSIP: 824348BJ4<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93619.00     | 0.00%             | 2029-08-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| WW GRAINGER INC                                                                  | WW Grainger Inc                                                                           | CUSIP: 384802AF1<br>LEI: 549300TWZSP6O1IH2V34 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96461.00     | 0.00%             | 2034-09-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| HASBRO INC                                                                       | Hasbro Inc                                                                                | CUSIP: 418056AZ0<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95429.00     | 0.00%             | 2029-11-19      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | CommonSpirit Health                                                                       | CUSIP: 20268JAR4<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151620.00    | 0.00%             | 2031-12-01      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc                                                                     | QUALCOMM Inc                                                                              | CUSIP: 747525AK9<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    250000 | PA      | $222932.50    | 0.00%             | 2045-05-20      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                                                              | Dow Chemical Co/The                                                                       | CUSIP: 260543CR2<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $133800.00    | 0.00%             | 2048-11-30      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PEX0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    600000 | PA      | $610818.00    | 0.01%             | 2036-04-22      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| CME GROUP INC                                                                    | CME Group Inc                                                                             | CUSIP: 12572QAK1<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | DBT              | CORP              | US        |    200000 | PA      | $177086.00    | 0.00%             | 2032-03-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GJP5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    400000 | PA      | $354172.00    | 0.01%             | 2032-03-11      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                                        | CUSIP: 756109CQ5<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    100000 | PA      | $93785.00     | 0.00%             | 2054-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                                              | FS KKR Capital Corp                                                                       | CUSIP: 302635AK3<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |    150000 | PA      | $135910.50    | 0.00%             | 2028-10-12      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                                  | CUSIP: 126408HA4<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81593.00     | 0.00%             | 2054-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KBY5<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144025.50    | 0.00%             | 2027-01-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200BB6<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    100000 | PA      | $106363.00    | 0.00%             | 2032-11-29      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Shell International Finance BV                                                   | Shell International Finance BV                                                            | CUSIP: 822582AN2<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |    225000 | PA      | $224203.50    | 0.00%             | 2040-03-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                                       | CUSIP: 459058KA0<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |   1000000 | PA      | $856870.00    | 0.02%             | 2031-11-03      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Cardinal Health Inc                                                              | Cardinal Health Inc                                                                       | CUSIP: 14149YBM9<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79306.00     | 0.00%             | 2047-06-15      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                            | CUSIP: 61744YAK4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    600000 | PA      | $586536.00    | 0.01%             | 2028-07-22      | Variable      | 3.59%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CGE8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    486123 | PA      | $440546.26    | 0.01%             | 2047-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas LLC                                                        | Duke Energy Carolinas LLC                                                                 | CUSIP: 264399ED4<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    130000 | PA      | $140981.10    | 0.00%             | 2032-10-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                                                          | Astrazeneca Finance LLC                                                                   | CUSIP: 04636NAH6<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50280.00     | 0.00%             | 2033-03-03      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                                                | Travelers Cos Inc/The                                                                     | CUSIP: 89417EAN9<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78392.00     | 0.00%             | 2048-03-07      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| DUKE UNIVERSITY                                                                  | Duke University                                                                           | CUSIP: 26442TAF4<br>LEI: FY5ICUIRRDCHN4HHL592 | Long             | DBT              | CORP              | US        |    100000 | PA      | $69967.00     | 0.00%             | 2044-10-01      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| Halliburton Co                                                                   | Halliburton Co                                                                            | CUSIP: 406216BA8<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |    150000 | PA      | $124455.00    | 0.00%             | 2041-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179Y5L4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1044297 | PA      | $1038111.39   | 0.02%             | 2054-08-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                                | CUSIP: 91159HJQ4<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255842.50    | 0.00%             | 2030-01-23      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                                                     | QUALCOMM Inc                                                                              | CUSIP: 747525BJ1<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    175000 | PA      | $117528.25    | 0.00%             | 2050-05-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38145GAH3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    450000 | PA      | $443583.00    | 0.01%             | 2026-11-16      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                               | CUSIP: 02665WEK3<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201518.00    | 0.00%             | 2026-07-07      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TZ65<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    244814 | PA      | $235778.70    | 0.00%             | 2048-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| XILINX INC                                                                       | Xilinx Inc                                                                                | CUSIP: 983919AK7<br>LEI: 6EY4K7ZMF9UX1CU6KC79 | Long             | DBT              | CORP              | US        |    200000 | PA      | $181664.00    | 0.00%             | 2030-06-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                           | CUSIP: 4581X0EJ3<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $473515.00    | 0.01%             | 2033-04-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Houston Electric LLC                                          | CenterPoint Energy Houston Electric LLC                                                   | CUSIP: 15189XAS7<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     75000 | PA      | $56751.75     | 0.00%             | 2048-03-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                                                      | Nutrien Ltd                                                                               | CUSIP: 67077MAW8<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $137808.00    | 0.00%             | 2030-05-13      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| LEIDOS INC                                                                       | Leidos Inc                                                                                | CUSIP: 52532XAF2<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146278.50    | 0.00%             | 2030-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 89115A2Y7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $203038.00    | 0.00%             | 2029-04-05      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| Interstate Power & Light Co                                                      | Interstate Power and Light Co                                                             | CUSIP: 461070AG9<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |     50000 | PA      | $52433.00     | 0.00%             | 2039-07-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6HX1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    658191 | PA      | $637597.51    | 0.01%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                           | CUSIP: 4581X0ES3<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    750000 | PA      | $766342.50    | 0.01%             | 2030-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTERNATIONAL                                                           | American International Group Inc                                                          | CUSIP: 026874DS3<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150241.50    | 0.00%             | 2033-03-27      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                                                 | Hewlett Packard Enterprise Co                                                             | CUSIP: 42824CBV0<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    350000 | PA      | $340970.00    | 0.01%             | 2034-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American International Group Inc                                                 | American International Group Inc                                                          | CUSIP: 026874DL8<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $172556.00    | 0.00%             | 2048-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J9DN8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    141222 | PA      | $137105.48    | 0.00%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CF Industries Inc                                                                | CF Industries Inc                                                                         | CUSIP: 12527GAF0<br>LEI: 5FVKT86LAD2F40NPC183 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97091.00     | 0.00%             | 2034-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                          | CUSIP: 05526DBJ3<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196686.00    | 0.00%             | 2026-09-06      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV4Q5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     97627 | PA      | $87647.23     | 0.00%             | 2049-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CENCORA INC                                                                      | Cencora Inc                                                                               | CUSIP: 03073EAQ8<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78896.00     | 0.00%             | 2047-12-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York                                                                          | CUSIP: 64966JAR7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    200000 | PA      | $212483.40    | 0.00%             | 2037-12-01      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| Aon Corp                                                                         | Aon Corp                                                                                  | CUSIP: 037389AU7<br>LEI: LTS3U8DGK38SETRUWX71 | Long             | DBT              | CORP              | US        |     50000 | PA      | $52202.00     | 0.00%             | 2040-09-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CJF9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9000000 | PA      | $9281601.54   | 0.17%             | 2028-10-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475BA2<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    200000 | PA      | $172958.00    | 0.00%             | 2032-04-23      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417ESA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     51166 | PA      | $50073.09     | 0.00%             | 2028-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                                   | CUSIP: 828807DV6<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    150000 | PA      | $146407.50    | 0.00%             | 2053-03-08      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | Port Authority of New York & New Jersey                                                   | CUSIP: 73358WRP1<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    100000 | PA      | $92245.30     | 0.00%             | 2046-08-01      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VGZ1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    400000 | PA      | $398352.00    | 0.01%             | 2035-04-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HA SUSTAINABLE INF CAP                                                           | HA Sustainable Infrastructure Capital Inc                                                 | CUSIP: 41068XAF7<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195608.00    | 0.00%             | 2034-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31419BCT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     49921 | PA      | $46206.57     | 0.00%             | 2041-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WKS97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     64263 | PA      | $61277.42     | 0.00%             | 2037-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Shell International Finance BV                                                   | Shell International Finance BV                                                            | CUSIP: 822582AD4<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $543395.00    | 0.01%             | 2038-12-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XBT7<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |    150000 | PA      | $146931.00    | 0.00%             | 2033-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Vulcan Materials Co                                                              | Vulcan Materials Co                                                                       | CUSIP: 929160AY5<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84287.00     | 0.00%             | 2048-03-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EHWH1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     80888 | PA      | $79614.38     | 0.00%             | 2041-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                                | General Motors Co                                                                         | CUSIP: 37045VAH3<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    175000 | PA      | $161817.25    | 0.00%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140BX7<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    100000 | PA      | $54819.00     | 0.00%             | 2061-08-12      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| PG&E WILDFIRE RECOVERY                                                           | PG&E Wildfire Recovery Funding LLC                                                        | CUSIP: 693342AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $93717.00     | 0.00%             | 2036-06-01      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                                   | CUSIP: 455780DS2<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $194776.00    | 0.00%             | 2053-01-11      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                                                   | Morgan Stanley Capital I Trust 2017-H1                                                    | CUSIP: 61691JAU8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $242813.29    | 0.00%             | 2050-06-15      | Fixed         | 3.26%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                                                     | Alphabet Inc                                                                              | CUSIP: 02079KAE7<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    250000 | PA      | $163632.50    | 0.00%             | 2040-08-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WJM96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    668454 | PA      | $585400.98    | 0.01%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EJUS5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     91596 | PA      | $84817.69     | 0.00%             | 2042-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680CB7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198758.00    | 0.00%             | 2027-09-24      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Digital Realty Trust LP                                                          | Digital Realty Trust LP                                                                   | CUSIP: 25389JAR7<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              |  | US        |    150000 | PA      | $147703.50    | 0.00%             | 2027-08-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                          | CUSIP: 05526DBH7<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95142.00     | 0.00%             | 2029-09-06      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137FGR31<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1182367 | PA      | $1169505.45   | 0.02%             | 2028-06-25      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076CT7<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    225000 | PA      | $199701.00    | 0.00%             | 2052-09-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Orange SA                                                                        | Orange SA                                                                                 | CUSIP: 685218AB5<br>LEI: 969500MCOONR8990S771 | Long             | DBT              | CORP              | FR        |    150000 | PA      | $144043.50    | 0.00%             | 2044-02-06      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                                                            | Alibaba Group Holding Ltd                                                                 | CUSIP: 01609WBA9<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $122412.00    | 0.00%             | 2061-02-09      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                                     | CUSIP: 882508CH5<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100075.00    | 0.00%             | 2034-02-08      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457CJ5<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201202.00    | 0.00%             | 2027-02-09      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| O'REILLY AUTOMOTIVE INC                                                          | O'Reilly Automotive Inc                                                                   | CUSIP: 67103HAM9<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152596.50    | 0.00%             | 2026-11-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWCT8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5952411 | PA      | $4642173.45   | 0.09%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XBR0<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     50000 | PA      | $48068.00     | 0.00%             | 2026-09-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| MOSAIC CO                                                                        | Mosaic Co/The                                                                             | CUSIP: 61945CAE3<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94095.00     | 0.00%             | 2043-11-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CCE9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11300000 | PA      | $10472363.25  | 0.20%             | 2028-05-31      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| CANADA GOVERNMENT                                                                | Canada Government International Bond                                                      | CUSIP: 43358BAB9<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |    500000 | PA      | $500335.00    | 0.01%             | 2030-03-18      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132A5DN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    382410 | PA      | $336356.70    | 0.01%             | 2045-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY DIRECT                                                            | Morgan Stanley Direct Lending Fund                                                        | CUSIP: 61774AAD5<br>LEI: 549300QEX22T2J8IB029 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99093.00     | 0.00%             | 2027-02-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076DG4<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140044.50    | 0.00%             | 2064-06-25      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BLACKROCK INC                                                                    | Blackrock Inc                                                                             | CUSIP: 09247XAP6<br>LEI: 529900VBK42Y5HHRMD23 | Long             | DBT              | CORP              | US        |    250000 | PA      | $241677.50    | 0.00%             | 2029-04-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Motorola Solutions Inc                                                           | Motorola Solutions Inc                                                                    | CUSIP: 620076BE8<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47496.00     | 0.00%             | 2044-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Georgia-Pacific LLC                                                              | Georgia-Pacific LLC                                                                       | CUSIP: 373298BR8<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |     75000 | PA      | $84673.50     | 0.00%             | 2029-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200KK6<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71925.00     | 0.00%             | 2040-05-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| CBRE SERVICES INC                                                                | CBRE Services Inc                                                                         | CUSIP: 12505BAE0<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87400.00     | 0.00%             | 2031-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EJC71<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     19377 | PA      | $18917.57     | 0.00%             | 2032-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Hess Corp                                                                        | Hess Corp                                                                                 | CUSIP: 023551AM6<br>LEI: UASVRYNXNK17ULIGK870 | Long             | DBT              | CORP              | US        |    100000 | PA      | $111446.00    | 0.00%             | 2033-03-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                                                          | National Bank of Canada                                                                   | CUSIP: 63307A3B9<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $247730.00    | 0.00%             | 2029-10-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122CP1<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    450000 | PA      | $433224.00    | 0.01%             | 2029-07-26      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111EH2<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     80000 | PA      | $80665.60     | 0.00%             | 2035-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                                                           | Brookfield Finance Inc                                                                    | CUSIP: 11271LAM4<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |     75000 | PA      | $75782.25     | 0.00%             | 2035-01-15      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31419A4N4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    284504 | PA      | $263336.08    | 0.00%             | 2041-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO                                                              | Consumers Energy Co                                                                       | CUSIP: 210518DH6<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |    200000 | PA      | $143756.00    | 0.00%             | 2051-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INSTITUTE OF                                                          | California Institute of Technology                                                        | CUSIP: 13034VAB0<br>LEI: 549300CITPNHOTVPHC04 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83959.00     | 0.00%             | 2045-08-01      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| American International Group Inc                                                 | American International Group Inc                                                          | CUSIP: 026874DF1<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65953.50     | 0.00%             | 2045-07-10      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                                                   | Starbucks Corp                                                                            | CUSIP: 855244AX7<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65357.00     | 0.00%             | 2050-03-12      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                             | CUSIP: 501044CN9<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95963.00     | 0.00%             | 2040-07-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                                                         | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                                | CUSIP: 47214BAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    200000 | PA      | $215108.00    | 0.00%             | 2034-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| COPT DEFENSE PROP LP                                                             | COPT Defense Properties LP                                                                | CUSIP: 22003BAM8<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              |  | US        |    100000 | PA      | $86855.00     | 0.00%             | 2031-04-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179M5K2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     66805 | PA      | $58141.01     | 0.00%             | 2043-03-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| INDIANA MICHIGAN POWER                                                           | Indiana Michigan Power Co                                                                 | CUSIP: 454889AT3<br>LEI: JHR9V15J0ZRG02MIRD06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77913.00     | 0.00%             | 2048-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175CC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $168827.50    | 0.00%             | 2061-12-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| GATX Corp                                                                        | GATX Corp                                                                                 | CUSIP: 361448AZ6<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49285.00     | 0.00%             | 2027-03-30      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| STRYKER CORP                                                                     | Stryker Corp                                                                              | CUSIP: 863667AZ4<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |    150000 | PA      | $95451.00     | 0.00%             | 2050-06-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts                                                             | CUSIP: 57582RYY6<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    100000 | PA      | $65478.10     | 0.00%             | 2049-09-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                     | Centene Corp                                                                              | CUSIP: 15135BAW1<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    400000 | PA      | $352408.00    | 0.01%             | 2030-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                                              | Abbott Laboratories                                                                       | CUSIP: 002824BG4<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |    350000 | PA      | $342835.50    | 0.01%             | 2036-11-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY INC                                                              | Cheniere Energy Inc                                                                       | CUSIP: 16411RAN9<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |    300000 | PA      | $299838.00    | 0.01%             | 2034-04-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MDC1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $209716.00    | 0.00%             | 2030-07-13      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202FQ74<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    111477 | PA      | $109764.10    | 0.00%             | 2041-03-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | CommonSpirit Health                                                                       | CUSIP: 20268JAF0<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $135435.00    | 0.00%             | 2030-10-01      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WGLP7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    474713 | PA      | $417543.23    | 0.01%             | 2046-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ARES STRATEGIC INCOME FU                                                         | Ares Strategic Income Fund                                                                | CUSIP: 04020EAJ6<br>LEI: 549300IANZJVZPTICV54 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99144.00     | 0.00%             | 2032-03-21      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687DK9<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49430.50     | 0.00%             | 2026-11-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J5ST7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    246473 | PA      | $231380.29    | 0.00%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                                                              | Synchrony Financial                                                                       | CUSIP: 87165BAL7<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197084.00    | 0.00%             | 2026-08-04      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076CF7<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    250000 | PA      | $209492.50    | 0.00%             | 2031-03-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417YYH4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6192 | PA      | $6061.55      | 0.00%             | 2031-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748CA8<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150688.50    | 0.00%             | 2030-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844BQ0<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    150000 | PA      | $124999.50    | 0.00%             | 2045-06-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31412QXZ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1085763 | PA      | $1073234.14   | 0.02%             | 2039-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp                                                      | American Honda Finance Corp                                                               | CUSIP: 02665WBH3<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194446.00    | 0.00%             | 2026-09-09      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINL HLDGS LTD                                                           | Fairfax Financial Holdings Ltd                                                            | CUSIP: 303901BJ0<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $91448.00     | 0.00%             | 2031-03-03      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DAQ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    116516 | PA      | $104605.37    | 0.00%             | 2049-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PECO ENERGY CO                                                                   | PECO Energy Co                                                                            | CUSIP: 693304BA4<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |    150000 | PA      | $93928.50     | 0.00%             | 2051-03-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| ADOBE INC                                                                        | Adobe Inc                                                                                 | CUSIP: 00724PAJ8<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102632.00    | 0.00%             | 2030-01-17      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| AMERICOLD REALTY OPER PA                                                         | Americold Realty Operating Partnership LP                                                 | CUSIP: 03063UAA9<br>LEI: 549300FKD9KVWNHSUU79 | Long             | DBT              |  | US        |    100000 | PA      | $96189.00     | 0.00%             | 2034-09-12      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KJR20<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    137994 | PA      | $109399.26    | 0.00%             | 2050-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                                  | CUSIP: 471048CL0<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    250000 | PA      | $212332.50    | 0.00%             | 2031-01-21      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| ARCH CAPITAL GROUP LTD                                                           | Arch Capital Group Ltd                                                                    | CUSIP: 03939AAA5<br>LEI: 549300AYR4P8AFKDCE43 | Long             | DBT              | CORP              | BM        |    200000 | PA      | $141590.00    | 0.00%             | 2050-06-30      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830BQ1<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $91377.00     | 0.00%             | 2050-06-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M8XQ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     14912 | PA      | $15032.42     | 0.00%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YW75<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    419601 | PA      | $428732.14    | 0.01%             | 2054-05-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448ES3<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    350000 | PA      | $326151.00    | 0.01%             | 2030-03-19      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SUU9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    601017 | PA      | $531571.32    | 0.01%             | 2047-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NOVARTIS CAPITAL CORP                                                            | Novartis Capital Corp                                                                     | CUSIP: 66989HAR9<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    250000 | PA      | $225222.50    | 0.00%             | 2030-08-14      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TNB7<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151686.00    | 0.00%             | 2035-01-09      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D54L3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     55234 | PA      | $52508.76     | 0.00%             | 2035-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111FH1<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    100000 | PA      | $75117.00     | 0.00%             | 2046-06-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                                                         | eBay Inc                                                                                  | CUSIP: 278642AY9<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |    150000 | PA      | $132915.00    | 0.00%             | 2031-05-10      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VGK4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    725000 | PA      | $548948.25    | 0.01%             | 2041-03-22      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| General Mills Inc                                                                | General Mills Inc                                                                         | CUSIP: 370334BZ6<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98154.00     | 0.00%             | 2027-02-10      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| FRANKLIN RESOURCES INC                                                           | Franklin Resources Inc                                                                    | CUSIP: 354613AM3<br>LEI: RIFQSET379FOGTEFKS80 | Long             | DBT              | CORP              | US        |    100000 | PA      | $59615.00     | 0.00%             | 2051-08-12      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| PUGET SOUND ENERGY INC                                                           | Puget Sound Energy Inc                                                                    | CUSIP: 745332CJ3<br>LEI: 8MNFJR7KOMBQ7X62LK44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $64796.00     | 0.00%             | 2049-09-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| eBay Inc                                                                         | eBay Inc                                                                                  | CUSIP: 278642AU7<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147786.00    | 0.00%             | 2027-06-05      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477BT9<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87034.00     | 0.00%             | 2033-02-07      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC                                                           | CenterPoint Energy Inc                                                                    | CUSIP: 15189TBH9<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77187.75     | 0.00%             | 2055-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TRANE TECH FIN LTD                                                               | Trane Technologies Financing Ltd                                                          | CUSIP: 456873AD0<br>LEI: 549300A5OEF3CJI2CO89 | Long             | DBT              | CORP              | IE        |    100000 | PA      | $98269.00     | 0.00%             | 2029-03-21      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                                            | Micron Technology Inc                                                                     | CUSIP: 595112BU6<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65736.00     | 0.00%             | 2051-11-01      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                         | Florida Power & Light Co                                                                  | CUSIP: 402479CF4<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73632.00     | 0.00%             | 2027-05-30      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| NORDSON CORP                                                                     | Nordson Corp                                                                              | CUSIP: 655663AB8<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104161.00    | 0.00%             | 2033-09-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc                                                  | Philip Morris International Inc                                                           | CUSIP: 718172AP4<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86117.00     | 0.00%             | 2042-03-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OTIS WORLDWIDE CORP                                                              | Otis Worldwide Corp                                                                       | CUSIP: 68902VAJ6<br>LEI: 549300ZLBKR8VSU25153 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96207.00     | 0.00%             | 2027-04-05      | Fixed         | 2.29%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 06423AAJ2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    150000 | PA      | $176286.00    | 0.00%             | 2030-09-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | State of California                                                                       | CUSIP: 13063EBP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103412.40    | 0.00%             | 2029-09-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                                  | CUSIP: 744320AW2<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98035.00     | 0.00%             | 2047-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWBN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3880183 | PA      | $2871456.95   | 0.05%             | 2051-05-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds                                       | Philippines Government International Bonds                                                | CUSIP: 718286CP0<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    500000 | PA      | $345655.00    | 0.01%             | 2046-07-06      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Roper Technologies Inc                                                           | Roper Technologies Inc                                                                    | CUSIP: 776743AD8<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148686.00    | 0.00%             | 2026-12-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| INDIANA MICHIGAN POWER                                                           | Indiana Michigan Power Co                                                                 | CUSIP: 454889AR7<br>LEI: JHR9V15J0ZRG02MIRD06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $72817.00     | 0.00%             | 2047-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYTE9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    201629 | PA      | $184829.81    | 0.00%             | 2040-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| O'Reilly Automotive Inc                                                          | O'Reilly Automotive Inc                                                                   | CUSIP: 67103HAF4<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147262.50    | 0.00%             | 2027-09-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                          | CUSIP: 124857AJ2<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     75000 | PA      | $58596.75     | 0.00%             | 2042-07-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Tencent Music Entertainment Group                                                | Tencent Music Entertainment Group                                                         | CUSIP: 88034PAB5<br>LEI: 213800XTZK2GOHQTYK41 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $175436.00    | 0.00%             | 2030-09-03      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CVF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     93623 | PA      | $90975.40     | 0.00%             | 2033-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140Q7DQ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    123878 | PA      | $111955.47    | 0.00%             | 2047-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Regency Centers LP                                                               | Regency Centers LP                                                                        | CUSIP: 75884RAV5<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              |  | US        |     75000 | PA      | $74035.50     | 0.00%             | 2027-02-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                                                         | CSX Corp                                                                                  | CUSIP: 126408HV8<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    175000 | PA      | $144107.25    | 0.00%             | 2052-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                 | CUSIP: 00774MBL8<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    200000 | PA      | $198334.00    | 0.00%             | 2029-09-10      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FUNDING ASIA                                                          | Prudential Funding Asia PLC                                                               | CUSIP: 744330AA9<br>LEI: 2549005TNASWKLR0XC37 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $188210.00    | 0.00%             | 2030-04-14      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308JW8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141594.00    | 0.00%             | 2028-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                                                  | Chevron USA Inc                                                                           | CUSIP: 166756BB1<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |    175000 | PA      | $176706.25    | 0.00%             | 2028-02-26      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                                                      | Bell Telephone Co of Canada or Bell Canada                                                | CUSIP: 0778FPAN9<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $138075.00    | 0.00%             | 2054-02-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XBS9<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |    100000 | PA      | $84616.00     | 0.00%             | 2031-03-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| BLUE OWL FINANCE LLC                                                             | Blue Owl Finance LLC                                                                      | CUSIP: 09581JAS5<br>LEI: 254900OF2NO2GYFV5T41 | Long             | DBT              | CORP              | US        |     75000 | PA      | $68821.50     | 0.00%             | 2032-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| WASTE CONNECTIONS INC                                                            | Waste Connections Inc                                                                     | CUSIP: 94106BAF8<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $119397.50    | 0.00%             | 2033-01-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| GE CAPITAL INTL FUNDING                                                          | GE Capital International Funding Co Unlimited Co                                          | CUSIP: 36164Q6M5<br>LEI: 549300G6UZOB126GBY72 | Long             | DBT              | CORP              | IE        |    100000 | PA      | $99388.00     | 0.00%             | 2025-11-15      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| INTUIT INC                                                                       | Intuit Inc                                                                                | CUSIP: 46124HAE6<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202240.00    | 0.00%             | 2026-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arizona Public Service Co                                                        | Arizona Public Service Co                                                                 | CUSIP: 040555CZ5<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92276.00     | 0.00%             | 2029-08-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816CX5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98922.00     | 0.00%             | 2033-05-26      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661DS3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80329.00     | 0.00%             | 2049-04-05      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 6174468Y8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    350000 | PA      | $210829.50    | 0.00%             | 2052-01-25      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280DX4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $313737.00    | 0.01%             | 2034-06-20      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 000000000<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101600.00    | 0.00%             | 2030-01-09      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ARES STRATEGIC INCOME FU                                                         | Ares Strategic Income Fund                                                                | CUSIP: 04020EAG2<br>LEI: 549300IANZJVZPTICV54 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200240.00    | 0.00%             | 2028-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91087BAF7<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    600000 | PA      | $587562.00    | 0.01%             | 2029-04-22      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457CZ9<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146739.00    | 0.00%             | 2065-02-12      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                                   | CUSIP: 06418BAE8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $146356.50    | 0.00%             | 2027-03-11      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                 | CUSIP: 00774MAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    300000 | PA      | $258501.00    | 0.00%             | 2033-10-29      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                                    | CUSIP: 62954HAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    200000 | PA      | $170572.00    | 0.00%             | 2032-02-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                          | Bay Area Toll Authority                                                                   | CUSIP: 072024PY2<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |    230000 | PA      | $254325.72    | 0.00%             | 2050-10-01      | Fixed         | 6.91%                 | No            |                  2 | On Loan: No      |
| BAKER HUGHES LLC/CO-OBL                                                          | Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc                                   | CUSIP: 05724BAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $96554.00     | 0.00%             | 2026-12-15      | Fixed         | 2.06%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GES9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    157000 | PA      | $161129.10    | 0.00%             | 2027-01-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| QORVO INC                                                                        | Qorvo Inc                                                                                 | CUSIP: 74736KAH4<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192240.00    | 0.00%             | 2029-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CADENCE DESIGN SYS INC                                                           | Cadence Design Systems Inc                                                                | CUSIP: 127387AP3<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | DBT              | CORP              | US        |    175000 | PA      | $170304.75    | 0.00%             | 2034-09-10      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| KYNDRYL HOLDINGS INC                                                             | Kyndryl Holdings Inc                                                                      | CUSIP: 50155QAJ9<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144706.50    | 0.00%             | 2026-10-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 17327CAY9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    300000 | PA      | $285963.00    | 0.01%             | 2056-03-04      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WTY4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2776773 | PA      | $2330349.67   | 0.04%             | 2051-12-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CJA0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9100000 | PA      | $9311148.48   | 0.17%             | 2028-09-30      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36178GFN9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     31098 | PA      | $28505.50     | 0.00%             | 2042-07-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KL2T3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1497948 | PA      | $1223527.97   | 0.02%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KCV0<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92664.00     | 0.00%             | 2054-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                                 | Altria Group Inc                                                                          | CUSIP: 02209SBT9<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |     95000 | PA      | $95484.50     | 0.00%             | 2035-02-06      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VAM5<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $117368.00    | 0.00%             | 2038-04-15      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                                                                      | Phillips 66                                                                               | CUSIP: 718546AW4<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |    150000 | PA      | $130720.50    | 0.00%             | 2030-12-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661EM5<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    300000 | PA      | $282279.00    | 0.01%             | 2053-04-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Aetna Inc                                                                        | Aetna Inc                                                                                 | CUSIP: 00817YAJ7<br>LEI: 549300QKBENKLBXQ8968 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80867.00     | 0.00%             | 2042-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AGILENT TECHNOLOGIES INC                                                         | Agilent Technologies Inc                                                                  | CUSIP: 00846UAQ4<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99482.00     | 0.00%             | 2027-09-09      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                                                         | Citizens Financial Group Inc                                                              | CUSIP: 174610BH7<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204198.00    | 0.00%             | 2032-07-23      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CFL0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6600000 | PA      | $6584531.25   | 0.12%             | 2029-09-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                                                | Travelers Cos Inc/The                                                                     | CUSIP: 89417EAP4<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78618.00     | 0.00%             | 2049-03-04      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Marathon Petroleum Corp                                                          | Marathon Petroleum Corp                                                                   | CUSIP: 56585ABC5<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100632.00    | 0.00%             | 2026-12-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| VALERO ENERGY CORP                                                               | Valero Energy Corp                                                                        | CUSIP: 91913YBF6<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151812.00    | 0.00%             | 2030-02-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| PARKER-HANNIFIN CORP                                                             | Parker-Hannifin Corp                                                                      | CUSIP: 701094AP9<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |    200000 | PA      | $153314.00    | 0.00%             | 2049-06-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128PTUX1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      3912 | PA      | $3891.26      | 0.00%             | 2026-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                                   | CUSIP: 824348AQ9<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78039.00     | 0.00%             | 2042-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QDA20<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1037862 | PA      | $896438.21    | 0.02%             | 2050-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CMS7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11000000 | PA      | $11007304.66  | 0.21%             | 2028-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 3620A6CS4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     27870 | PA      | $26695.05     | 0.00%             | 2039-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135BT2<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    475000 | PA      | $279433.00    | 0.01%             | 2050-06-03      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                                                              | Estee Lauder Cos Inc/The                                                                  | CUSIP: 29736RAQ3<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137019.00    | 0.00%             | 2030-04-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                              | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KAV2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141999.00    | 0.00%             | 2077-12-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| SWEDISH EXPORT CREDIT                                                            | Svensk Exportkredit AB                                                                    | CUSIP: 87031CAN3<br>LEI: 1FOLRR5RWTWWI397R131 | Long             | DBT              | NUSS              | SE        |    500000 | PA      | $516590.00    | 0.01%             | 2030-10-04      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SHELL FINANCE US INC                                                             | Shell Finance US Inc                                                                      | CUSIP: 822905AH8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $150230.00    | 0.00%             | 2046-09-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH EDISON CO                                                           | Commonwealth Edison Co                                                                    | CUSIP: 202795JY7<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91480.00     | 0.00%             | 2053-02-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YHT4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    986653 | PA      | $1002199.65   | 0.02%             | 2053-10-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650DW7<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201426.00    | 0.00%             | 2029-01-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southwestern Electric Power Co                                                   | Southwestern Electric Power Co                                                            | CUSIP: 845437BP6<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73140.75     | 0.00%             | 2026-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Exelon Corp                                                                      | Exelon Corp                                                                               | CUSIP: 30161NAC5<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101009.00    | 0.00%             | 2035-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| INGERSOLL RAND INC                                                               | Ingersoll Rand Inc                                                                        | CUSIP: 45687VAC0<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151933.50    | 0.00%             | 2027-06-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| QUEST DIAGNOSTICS INC                                                            | Quest Diagnostics Inc                                                                     | CUSIP: 74834LBG4<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147328.50    | 0.00%             | 2034-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WDR6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1719702 | PA      | $1444154.07   | 0.03%             | 2051-04-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132WPRL3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     48187 | PA      | $43609.30     | 0.00%             | 2047-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                                              | PayPal Holdings Inc                                                                       | CUSIP: 70450YAN3<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |    125000 | PA      | $110497.50    | 0.00%             | 2062-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31292K4Q7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     64524 | PA      | $62108.55     | 0.00%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | Edison International                                                                      | CUSIP: 281020AN7<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100646.00    | 0.00%             | 2027-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111GA5<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    200000 | PA      | $177120.00    | 0.00%             | 2031-06-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORPORATION                                                             | M&T Bank Corp                                                                             | CUSIP: 55261FAU8<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100221.00    | 0.00%             | 2029-01-16      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | Dominion Energy Inc                                                                       | CUSIP: 25746UDP1<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70859.25     | 0.00%             | 2032-08-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| CAMDEN PROPERTY TRUST                                                            | Camden Property Trust                                                                     | CUSIP: 133131AX0<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              |  | US        |    100000 | PA      | $94812.00     | 0.00%             | 2029-07-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                          | GLP Capital LP / GLP Financing II Inc                                                     | CUSIP: 361841AT6<br>LEI: N/A                  | Long             | DBT              |  | US        |    150000 | PA      | $146622.00    | 0.00%             | 2034-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D54R0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    236553 | PA      | $224774.97    | 0.00%             | 2035-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AMCOR FLEXIBLES NORTH AM                                                         | Amcor Flexibles North America Inc                                                         | CUSIP: 081437AT2<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89760.00     | 0.00%             | 2030-06-19      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XEV4<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198800.00    | 0.00%             | 2034-04-04      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                                                         | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                                | CUSIP: 47214BAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    200000 | PA      | $220464.00    | 0.00%             | 2053-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3142GQYV8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    402560 | PA      | $421973.55    | 0.01%             | 2054-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Washington Gas Light Co                                                          | Washington Gas Light Co                                                                   | CUSIP: 93884PDW7<br>LEI: DL22T1SB4DUBS063O841 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74230.00     | 0.00%             | 2046-09-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PCW4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    350000 | PA      | $340718.00    | 0.01%             | 2028-02-24      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| SEMPRA                                                                           | Sempra                                                                                    | CUSIP: 816851BA6<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194880.00    | 0.00%             | 2027-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XDL7<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $171542.00    | 0.00%             | 2031-06-10      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661CJ4<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76803.75     | 0.00%             | 2035-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                                           | Arizona Public Service Co                                                                 | CUSIP: 040555DG6<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151255.50    | 0.00%             | 2033-08-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL SPECIALTY F                                                         | Bain Capital Specialty Finance Inc                                                        | CUSIP: 05684BAD9<br>LEI: 549300V2JL72R0EYBK64 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73915.50     | 0.00%             | 2030-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DWY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    475888 | PA      | $441586.39    | 0.01%             | 2036-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HANOVER INSURANCE GROUP                                                          | Hanover Insurance Group Inc/The                                                           | CUSIP: 410867AG0<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87334.00     | 0.00%             | 2030-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TORONTO DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 89114TZN5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $96186.00     | 0.00%             | 2027-01-12      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Puget Sound Energy Inc                                                           | Puget Sound Energy Inc                                                                    | CUSIP: 745332BX3<br>LEI: 8MNFJR7KOMBQ7X62LK44 | Long             | DBT              | CORP              | US        |     62000 | PA      | $65754.72     | 0.00%             | 2037-03-15      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 06051GGR4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    400000 | PA      | $391604.00    | 0.01%             | 2028-07-21      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                                                             | Pilgrim's Pride Corp                                                                      | CUSIP: 72147KAL2<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |    100000 | PA      | $107881.00    | 0.00%             | 2034-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810TD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10800000 | PA      | $6434437.50   | 0.12%             | 2052-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687FM3<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    350000 | PA      | $215176.50    | 0.00%             | 2049-09-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                                       | CUSIP: 37940XAC6<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71710.00     | 0.00%             | 2049-08-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 9128282R0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8042000 | PA      | $7766498.69   | 0.15%             | 2027-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VAY9<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $168460.00    | 0.00%             | 2043-02-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PCP9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    500000 | PA      | $480225.00    | 0.01%             | 2027-09-22      | Fixed         | 1.47%                 | No            |                  2 | On Loan: No      |
| UNION ELECTRIC CO                                                                | Union Electric Co                                                                         | CUSIP: 906548CU4<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |    150000 | PA      | $110851.50    | 0.00%             | 2052-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138NXBC0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     46714 | PA      | $45888.87     | 0.00%             | 2028-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XCG3<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     75000 | PA      | $76407.00     | 0.00%             | 2029-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QCEW2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    265121 | PA      | $231666.81    | 0.00%             | 2048-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                                       | CUSIP: 14913UAQ3<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200144.00    | 0.00%             | 2029-08-16      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133AJ7J6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1561218 | PA      | $1171035.01   | 0.02%             | 2051-04-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| FLEX LTD                                                                         | Flex Ltd                                                                                  | CUSIP: 33938XAF2<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |    100000 | PA      | $99638.00     | 0.00%             | 2032-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS LLC                                                           | Chubb INA Holdings LLC                                                                    | CUSIP: 171239AH9<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |    150000 | PA      | $93327.00     | 0.00%             | 2051-12-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967ME8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    450000 | PA      | $437211.00    | 0.01%             | 2030-03-20      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| ALLEGION US HOLDING CO                                                           | Allegion US Holding Co Inc                                                                | CUSIP: 01748NAF1<br>LEI: 5493002B66JX7J7SXI33 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75745.50     | 0.00%             | 2034-05-29      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WEBK4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    101232 | PA      | $89561.47     | 0.00%             | 2045-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                                                           | Brookfield Finance Inc                                                                    | CUSIP: 11271LAF9<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $98562.00     | 0.00%             | 2051-03-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810TG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10399000 | PA      | $7147687.66   | 0.13%             | 2052-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                                                      | Nutrien Ltd                                                                               | CUSIP: 67077MBA5<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $151590.00    | 0.00%             | 2028-03-27      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds                                             | Chile Government International Bonds                                                      | CUSIP: 168863DZ8<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    400843 | PA      | $388400.83    | 0.01%             | 2036-01-05      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| GENERAL DYNAMICS CORP                                                            | General Dynamics Corp                                                                     | CUSIP: 369550BQ0<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71536.00     | 0.00%             | 2041-06-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91086QBE7<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    550000 | PA      | $475359.50    | 0.01%             | 2045-01-21      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KOREA                                                                | Korea International Bond                                                                  | CUSIP: 50064FAU8<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $171408.00    | 0.00%             | 2031-10-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: —       |
| Boston Properties LP                                                             | Boston Properties LP                                                                      | CUSIP: 10112RBA1<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |    150000 | PA      | $147975.00    | 0.00%             | 2028-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                       | Intel Corp                                                                                | CUSIP: 458140AK6<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    170000 | PA      | $142614.70    | 0.00%             | 2041-10-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J7M93<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    127910 | PA      | $123371.37    | 0.00%             | 2045-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280BT5<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    600000 | PA      | $595968.00    | 0.01%             | 2029-06-19      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                                | CUSIP: 31428XCR5<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     75000 | PA      | $64032.00     | 0.00%             | 2044-01-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL                                                           | Mondelez International Inc                                                                | CUSIP: 609207AX3<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |     75000 | PA      | $63182.25     | 0.00%             | 2031-02-04      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                                                | Cisco Systems Inc                                                                         | CUSIP: 17275RBL5<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195952.00    | 0.00%             | 2026-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VISA INC                                                                         | Visa Inc                                                                                  | CUSIP: 92826CAL6<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    300000 | PA      | $288474.00    | 0.01%             | 2027-04-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400JD6<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88108.00     | 0.00%             | 2054-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AEP Texas Inc                                                                    | AEP Texas Inc                                                                             | CUSIP: 00108WAH3<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98009.00     | 0.00%             | 2028-06-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 3617MN5W9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     53401 | PA      | $46566.04     | 0.00%             | 2050-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                           | CUSIP: 842587EA1<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    125000 | PA      | $120443.75    | 0.00%             | 2035-03-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                                                                | TSMC Arizona Corp                                                                         | CUSIP: 872898AF8<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197998.00    | 0.00%             | 2027-04-22      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                                    | CUSIP: 62954HAN8<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    100000 | PA      | $62130.00     | 0.00%             | 2051-11-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                               | CUSIP: 68389XBG9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    225000 | PA      | $170768.25    | 0.00%             | 2055-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| STATE STREET BANK & TR                                                           | State Street Bank & Trust Co                                                              | CUSIP: 857449AE2<br>LEI: 571474TGEMMWANRLN572 | Long             | DBT              | CORP              | US        |    250000 | PA      | $253107.50    | 0.00%             | 2029-11-23      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                                   | CUSIP: 06418GAP2<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $201574.00    | 0.00%             | 2029-02-14      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                                                      | KeyBank NA/Cleveland OH                                                                   | CUSIP: 49306SAA4<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248390.00    | 0.00%             | 2027-12-14      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                                                 | Ventas Realty LP                                                                          | CUSIP: 92277GAJ6<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |    100000 | PA      | $98046.00     | 0.00%             | 2026-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WPCZ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     12169 | PA      | $12049.61     | 0.00%             | 2026-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ORLANDO HEALTH OBL GRP                                                           | Orlando Health Obligated Group                                                            | CUSIP: 686514AP5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $101440.00    | 0.00%             | 2035-10-01      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CEP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     94726 | PA      | $86854.39     | 0.00%             | 2036-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PacifiCorp                                                                                | CUSIP: 695114CY2<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $57557.00     | 0.00%             | 2052-06-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                                        | Amgen Inc                                                                                 | CUSIP: 031162BZ2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    375000 | PA      | $311377.50    | 0.01%             | 2045-05-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738ECU7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $249657.50    | 0.00%             | 2030-09-10      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| American Water Capital Corp                                                      | American Water Capital Corp                                                               | CUSIP: 03040WAR6<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |    200000 | PA      | $148334.00    | 0.00%             | 2047-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122DP0<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139599.00    | 0.00%             | 2027-11-13      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| TENN VALLEY AUTHORITY                                                            | Tennessee Valley Authority                                                                | CUSIP: 880591DX7<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    655000 | PA      | $658582.85    | 0.01%             | 2035-06-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DP89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    249463 | PA      | $228678.45    | 0.00%             | 2040-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| American Water Capital Corp                                                      | American Water Capital Corp                                                               | CUSIP: 03040WAS4<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |    240000 | PA      | $235682.40    | 0.00%             | 2028-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                                   | CUSIP: 455780DT0<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $199988.00    | 0.00%             | 2029-03-10      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                             | CUSIP: 571903BQ5<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198664.00    | 0.00%             | 2034-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PDE9<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144838.50    | 0.00%             | 2027-10-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XAX8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    150000 | PA      | $145723.50    | 0.00%             | 2027-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                                              | PayPal Holdings Inc                                                                       | CUSIP: 70450YAK9<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99341.00     | 0.00%             | 2027-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                                | Johnson & Johnson                                                                         | CUSIP: 478160CV4<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205298.00    | 0.00%             | 2031-06-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                                              | PayPal Holdings Inc                                                                       | CUSIP: 70450YAE3<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |    300000 | PA      | $280758.00    | 0.01%             | 2029-10-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MEV2<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85339.00     | 0.00%             | 2045-05-26      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                          | CUSIP: 124857AX1<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96692.00     | 0.00%             | 2028-06-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CXQ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     39558 | PA      | $38958.98     | 0.00%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XDC7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    801502 | PA      | $716839.13    | 0.01%             | 2052-08-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | Diamondback Energy Inc                                                                    | CUSIP: 25278XAX7<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151515.00    | 0.00%             | 2027-04-18      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                                        | CUSIP: 74456QCA2<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     75000 | PA      | $50237.25     | 0.00%             | 2049-08-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ATMOS ENERGY CORP                                                                | Atmos Energy Corp                                                                         | CUSIP: 049560AR6<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |    125000 | PA      | $116278.75    | 0.00%             | 2029-09-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397E66<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    400000 | PA      | $380548.00    | 0.01%             | 2034-03-08      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ABW4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    500000 | PA      | $464915.00    | 0.01%             | 2031-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                                                                      | MetLife Inc                                                                               | CUSIP: 59156RCD8<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138072.00    | 0.00%             | 2054-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Equinor ASA                                                                      | Equinor ASA                                                                               | CUSIP: 85771PAQ5<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |    100000 | PA      | $89800.00     | 0.00%             | 2043-11-08      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457CV8<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    250000 | PA      | $254132.50    | 0.00%             | 2030-02-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                         | CUSIP: 780097BL4<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $196746.00    | 0.00%             | 2030-05-08      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CLQ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11000000 | PA      | $10998710.91  | 0.21%             | 2027-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GLV9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    300000 | PA      | $304710.00    | 0.01%             | 2027-09-15      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| VERISK ANALYTICS INC                                                             | Verisk Analytics Inc                                                                      | CUSIP: 92345YAL0<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |    125000 | PA      | $123907.50    | 0.00%             | 2035-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179Y5M2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    618615 | PA      | $626136.47    | 0.01%             | 2054-08-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ECOLAB INC                                                                       | Ecolab Inc                                                                                | CUSIP: 278865BJ8<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |    150000 | PA      | $87175.50     | 0.00%             | 2055-08-18      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON & CO                                                            | Becton Dickinson & Co                                                                     | CUSIP: 075887CP2<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95235.00     | 0.00%             | 2032-08-22      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TMS1<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200078.00    | 0.00%             | 2027-10-08      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CZ72<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     82865 | PA      | $80361.53     | 0.00%             | 2038-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| President & Fellows of Harvard College                                           | President and Fellows of Harvard College                                                  | CUSIP: 740816AM5<br>LEI: 6S3X7J22E861RNTJSA74 | Long             | DBT              | CORP              | US        |    100000 | PA      | $69868.00     | 0.00%             | 2046-07-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| EIDP INC                                                                         | EIDP Inc                                                                                  | CUSIP: 263534CQ0<br>LEI: GLU7INWNWH88J9XBXD45 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150102.00    | 0.00%             | 2026-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds                                       | Philippines Government International Bonds                                                | CUSIP: 718286CL9<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    200000 | PA      | $126776.00    | 0.00%             | 2045-12-10      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810TJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10575000 | PA      | $7459505.91   | 0.14%             | 2052-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CRE                                                           | Blackstone Private Credit Fund                                                            | CUSIP: 09261HBX4<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199964.00    | 0.00%             | 2032-01-29      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Arch Capital Finance LLC                                                         | Arch Capital Finance LLC                                                                  | CUSIP: 03939CAB9<br>LEI: 549300XG4URFY0200M65 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87414.00     | 0.00%             | 2046-12-15      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                                | CUSIP: 717081EJ8<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $131727.00    | 0.00%             | 2038-09-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WVV7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    369270 | PA      | $322147.42    | 0.01%             | 2052-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline LP / PAA Finance Corp                               | Plains All American Pipeline LP / PAA Finance Corp                                        | CUSIP: 72650RBA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $85845.00     | 0.00%             | 2042-06-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co Inc                                                  | General Motors Financial Co Inc                                                           | CUSIP: 37045XBT2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198240.00    | 0.00%             | 2027-01-17      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Public Works Financing Authority                              | Los Angeles County Public Works Financing Authority                                       | CUSIP: 54473ENS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $114267.30    | 0.00%             | 2040-08-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                                                           | Brookfield Finance Inc                                                                    | CUSIP: 11271LAL6<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $145380.00    | 0.00%             | 2054-03-04      | Fixed         | 5.97%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810RE0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3862900 | PA      | $3242421.69   | 0.06%             | 2044-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FHY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    978149 | PA      | $968911.85    | 0.02%             | 2055-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CGZ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6400000 | PA      | $6266500.03   | 0.12%             | 2030-04-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                                     | CUSIP: 89788MAB8<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87433.00     | 0.00%             | 2030-06-05      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Federal National Mortgage Association                                                     | CUSIP: 31359MFP3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |   1000000 | PA      | $1145130.00   | 0.02%             | 2030-05-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                           | CUSIP: 000000000<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |   1000000 | PA      | $999410.00    | 0.02%             | 2028-06-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Broadcom Corp / Broadcom Cayman Finance Ltd                                      | Broadcom Corp / Broadcom Cayman Finance Ltd                                               | CUSIP: 11134LAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    150000 | PA      | $146827.50    | 0.00%             | 2028-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MOTOROLA SOLUTIONS INC                                                           | Motorola Solutions Inc                                                                    | CUSIP: 620076BW8<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102847.00    | 0.00%             | 2032-06-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                               | CUSIP: 29444UBS4<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |    200000 | PA      | $175822.00    | 0.00%             | 2031-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                             | CUSIP: 345370CQ1<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    400000 | PA      | $300708.00    | 0.01%             | 2043-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YDU0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    525000 | PA      | $526842.75    | 0.01%             | 2034-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122DS4<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    275000 | PA      | $155848.00    | 0.00%             | 2050-11-13      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| PECO ENERGY CO                                                                   | PECO Energy Co                                                                            | CUSIP: 693304BE6<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |     75000 | PA      | $60464.25     | 0.00%             | 2052-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities Inc                                              | Alexandria Real Estate Equities Inc                                                       | CUSIP: 015271AQ2<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     50000 | PA      | $40563.00     | 0.00%             | 2049-04-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650DG2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    300000 | PA      | $282027.00    | 0.01%             | 2029-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp                                | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 637432NP6<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195270.00    | 0.00%             | 2028-02-07      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46625HJB7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    350000 | PA      | $351589.00    | 0.01%             | 2041-07-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                                                | Cisco Systems Inc                                                                         | CUSIP: 17275RBT8<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |    500000 | PA      | $504140.00    | 0.01%             | 2034-02-26      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XBY5<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    100000 | PA      | $102322.00    | 0.00%             | 2028-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                             | Las Vegas Sands Corp                                                                      | CUSIP: 517834AJ6<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152001.00    | 0.00%             | 2027-06-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| STANFORD UNIVERSITY                                                              | Leland Stanford Junior University/The                                                     | CUSIP: 85440KAA2<br>LEI: JIUV0DC2REIJXQ26CR37 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74590.00     | 0.00%             | 2048-05-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                                                      | NVIDIA Corp                                                                               | CUSIP: 67066GAM6<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |    200000 | PA      | $185936.00    | 0.00%             | 2028-06-15      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| CHUBB CORP                                                                       | Chubb Corp/The                                                                            | CUSIP: 171232AQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $159654.00    | 0.00%             | 2037-05-11      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179W5B0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    787403 | PA      | $660828.53    | 0.01%             | 2052-05-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XLH7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1463065 | PA      | $1425181.93   | 0.03%             | 2052-11-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | Mastercard Inc                                                                            | CUSIP: 57636QAP9<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    300000 | PA      | $287043.00    | 0.01%             | 2030-03-26      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| COCA-COLA FEMSA SAB CV                                                           | Coca-Cola Femsa SAB de CV                                                                 | CUSIP: 191241AF5<br>LEI: 5493008KEVFYPMGTXO33 | Long             | DBT              | CORP              | MX        |    150000 | PA      | $140065.50    | 0.00%             | 2043-11-26      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XDE3<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $170464.00    | 0.00%             | 2031-01-08      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                                                  | CSAIL 2019-C17 Commercial Mortgage Trust                                                  | CUSIP: 12597BAU3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2295237.35   | 0.04%             | 2052-09-15      | Fixed         | 3.02%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2016-2 AA PTT                                                         | United Airlines 2016-2 Class AA Pass Through Trust                                        | CUSIP: 90932EAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     62362 | PA      | $58308.74     | 0.00%             | 2028-10-07      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| DOLLAR TREE INC                                                                  | Dollar Tree Inc                                                                           | CUSIP: 256746AJ7<br>LEI: 549300PMSTQITB1WHR43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86595.00     | 0.00%             | 2031-12-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Loews Corp                                                                       | Loews Corp                                                                                | CUSIP: 540424AR9<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83137.00     | 0.00%             | 2043-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| VALERO ENERGY CORP                                                               | Valero Energy Corp                                                                        | CUSIP: 91913YBC3<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65534.25     | 0.00%             | 2031-12-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYTQ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    442992 | PA      | $392897.25    | 0.01%             | 2040-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YED3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    650000 | PA      | $554437.00    | 0.01%             | 2032-07-21      | Fixed         | 2.24%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                         | CUSIP: 24703TAG1<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    300000 | PA      | $306210.00    | 0.01%             | 2029-10-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| JOHNSON CONTROLS/TYCO FI                                                         | Johnson Controls International plc / Tyco Fire & Security Finance SCA                     | CUSIP: 477921AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    175000 | PA      | $180608.75    | 0.00%             | 2029-04-19      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CEW7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8200000 | PA      | $8098781.25   | 0.15%             | 2027-06-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418UCL6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     64357 | PA      | $64707.26     | 0.00%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWA45<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2047657 | PA      | $1514251.94   | 0.03%             | 2051-02-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| EVERGY METRO                                                                     | Evergy Metro Inc                                                                          | CUSIP: 485134BR0<br>LEI: 1128SIJQ26096WL7IO82 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77867.00     | 0.00%             | 2048-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Telefonica Emisiones SAU                                                         | Telefonica Emisiones SA                                                                   | CUSIP: 87938WAC7<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |    365000 | PA      | $399488.85    | 0.01%             | 2036-06-20      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                                                       | Zoetis Inc                                                                                | CUSIP: 98978VAL7<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97233.00     | 0.00%             | 2027-09-12      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46625HRY8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    500000 | PA      | $493545.00    | 0.01%             | 2028-02-01      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KCW8<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    175000 | PA      | $177982.00    | 0.00%             | 2054-09-01      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                               | CUSIP: 68389XBZ7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    400000 | PA      | $307200.00    | 0.01%             | 2041-03-25      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                                | CUSIP: 31428XCW4<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |    150000 | PA      | $107898.00    | 0.00%             | 2048-02-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                                        | CUSIP: 29273VAY6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198780.00    | 0.00%             | 2034-05-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CADENCE DESIGN SYS INC                                                           | Cadence Design Systems Inc                                                                | CUSIP: 127387AM0<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99648.00     | 0.00%             | 2027-09-10      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                                    | CUSIP: 62954HAZ1<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    150000 | PA      | $148878.00    | 0.00%             | 2026-06-18      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QCKS4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    767239 | PA      | $693036.80    | 0.01%             | 2049-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | Health & Educational Facilities Authority of the State of Missouri                        | CUSIP: 60636AVL4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    150000 | PA      | $101986.80    | 0.00%             | 2050-05-15      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| Southern California Gas Co                                                       | Southern California Gas Co                                                                | CUSIP: 842434CR1<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |     75000 | PA      | $56628.00     | 0.00%             | 2048-06-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Emerson Electric Co                                                              | Emerson Electric Co                                                                       | CUSIP: 291011BD5<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49796.00     | 0.00%             | 2039-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XJZS5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2246336 | PA      | $2201404.94   | 0.04%             | 2052-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122BB3<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73897.50     | 0.00%             | 2027-02-27      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                                                                | Ares Capital Corp                                                                         | CUSIP: 04010LBH5<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147840.00    | 0.00%             | 2032-03-08      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Brixmor Operating Partnership LP                                                 | Brixmor Operating Partnership LP                                                          | CUSIP: 11120VAJ2<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |    150000 | PA      | $143859.00    | 0.00%             | 2030-07-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WLCM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    205274 | PA      | $191757.53    | 0.00%             | 2047-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| XCEL ENERGY INC                                                                  | Xcel Energy Inc                                                                           | CUSIP: 98389BAY6<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94002.00     | 0.00%             | 2030-06-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWC76<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3938496 | PA      | $3221614.65   | 0.06%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TR FINANCE LLC                                                                   | TR Finance LLC                                                                            | CUSIP: 87268LAA5<br>LEI: 254900OWSTRTOV8P5W25 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98760.00     | 0.00%             | 2026-05-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                          | CUSIP: 124857AZ6<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96685.00     | 0.00%             | 2029-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GB60<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    350000 | PA      | $348754.00    | 0.01%             | 2030-10-23      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds                                             | Chile Government International Bonds                                                      | CUSIP: 168863DY1<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    250000 | PA      | $212202.50    | 0.00%             | 2042-03-07      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264AAZ8<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    600000 | PA      | $484374.00    | 0.01%             | 2050-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418ECV0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    694831 | PA      | $641486.66    | 0.01%             | 2037-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PEF5<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    350000 | PA      | $223527.50    | 0.00%             | 2051-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                                                          | Jefferies Financial Group Inc                                                             | CUSIP: 47233WEJ4<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255330.00    | 0.00%             | 2034-04-14      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                                       | CUSIP: 65535HBV0<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $204084.00    | 0.00%             | 2034-07-03      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                            | CUSIP: 78409VBG8<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |    175000 | PA      | $173964.00    | 0.00%             | 2029-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NY & PRESBYTERIAN HOSPIT                                                         | New York and Presbyterian Hospital/The                                                    | CUSIP: 649322AA2<br>LEI: 19EOSPKL8HML7MY3UE63 | Long             | DBT              | CORP              | US        |    150000 | PA      | $119035.50    | 0.00%             | 2045-08-01      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV5C5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    257645 | PA      | $213173.60    | 0.00%             | 2050-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                                                 | Ryder System Inc                                                                          | CUSIP: 78355HKY4<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |    100000 | PA      | $108130.00    | 0.00%             | 2033-12-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RDQ2<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    300000 | PA      | $299175.00    | 0.01%             | 2027-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200LK5<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    175000 | PA      | $168577.50    | 0.00%             | 2055-02-10      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | CommonSpirit Health                                                                       | CUSIP: 20268JAB9<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141894.00    | 0.00%             | 2029-10-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EDDJ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    198873 | PA      | $184150.04    | 0.00%             | 2042-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Texas Instruments Inc                                                            | Texas Instruments Inc                                                                     | CUSIP: 882508BC7<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72913.50     | 0.00%             | 2027-11-03      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QFRN1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    362372 | PA      | $270091.81    | 0.01%             | 2050-11-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORP                                                                     | Newmont Corp                                                                              | CUSIP: 651639AP1<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |    130000 | PA      | $118053.00    | 0.00%             | 2042-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FED5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2180636 | PA      | $2160903.01   | 0.04%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                         | CUSIP: 49456BAW1<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    150000 | PA      | $133483.50    | 0.00%             | 2052-08-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Mayo Clinic                                                                      | Mayo Clinic                                                                               | CUSIP: 578454AC4<br>LEI: 5493001OHMD58DCY4635 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78167.00     | 0.00%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 63743HFW7<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101024.00    | 0.00%             | 2028-02-07      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YAG4<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $195940.00    | 0.00%             | 2026-09-13      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CLJ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8200000 | PA      | $8040804.71   | 0.15%             | 2031-08-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122DY1<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    150000 | PA      | $158752.50    | 0.00%             | 2031-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                                                             | Kraft Heinz Foods Co                                                                      | CUSIP: 50076QAE6<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    275000 | PA      | $242992.75    | 0.00%             | 2042-06-04      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738EBD6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    450000 | PA      | $452110.50    | 0.01%             | 2029-05-16      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312936FU6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     18538 | PA      | $18348.03     | 0.00%             | 2039-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CJC6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8500000 | PA      | $8566406.25   | 0.16%             | 2026-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                          | CUSIP: 22822VAP6<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     75000 | PA      | $54147.75     | 0.00%             | 2049-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                                                         | Uruguay Government International Bond                                                     | CUSIP: 760942AY8<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    150000 | PA      | $124228.50    | 0.00%             | 2045-11-20      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Vulcan Materials Co                                                              | Vulcan Materials Co                                                                       | CUSIP: 929160AV1<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |    150000 | PA      | $123841.50    | 0.00%             | 2047-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                                   | CUSIP: 55336VBP4<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85244.00     | 0.00%             | 2047-12-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                         | CUSIP: 49456BAR2<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    250000 | PA      | $215032.50    | 0.00%             | 2031-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Stanley Black & Decker Inc                                                       | Stanley Black & Decker Inc                                                                | CUSIP: 854502AA9<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91568.00     | 0.00%             | 2040-09-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| PIEDMONT NATURAL GAS CO                                                          | Piedmont Natural Gas Co Inc                                                               | CUSIP: 720186AK1<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $70334.00     | 0.00%             | 2046-11-01      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| JD.COM INC                                                                       | JD.com Inc                                                                                | CUSIP: 47215PAF3<br>LEI: 549300HVTWB0GJZ16V92 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $154438.00    | 0.00%             | 2050-01-14      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TJZ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     46471 | PA      | $45039.12     | 0.00%             | 2047-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL                                                           | Mondelez International Inc                                                                | CUSIP: 609207BE4<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97218.00     | 0.00%             | 2034-08-28      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Devon Energy Corporation                                                         | Devon Energy Corp                                                                         | CUSIP: 25179SAD2<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |    100000 | PA      | $113463.00    | 0.00%             | 2031-09-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138YENY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    152711 | PA      | $139141.55    | 0.00%             | 2045-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CKQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  21950000 | PA      | $22022023.44  | 0.41%             | 2034-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ELECTRIC POWER                                                         | Wisconsin Electric Power Co                                                               | CUSIP: 976656CQ9<br>LEI: AENKIFMULUAWOUU8Q584 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153201.00    | 0.00%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132A8SY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    142924 | PA      | $135086.14    | 0.00%             | 2032-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BIOGEN INC                                                                       | Biogen Inc                                                                                | CUSIP: 09062XAK9<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |    167000 | PA      | $103074.07    | 0.00%             | 2051-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752AW3<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154125.00    | 0.00%             | 2032-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XBG4<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    150000 | PA      | $128877.00    | 0.00%             | 2030-10-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                            | CUSIP: 78409VBL7<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |    150000 | PA      | $110983.50    | 0.00%             | 2052-03-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Suncor Energy Inc                                                                | Suncor Energy Inc                                                                         | CUSIP: 867229AC0<br>LEI: 549300W70ZOQDVLCHY06 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $108257.00    | 0.00%             | 2032-02-01      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YDH9<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $202212.00    | 0.00%             | 2031-05-13      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308JK4<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193082.00    | 0.00%             | 2028-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119CC1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $171210.00    | 0.00%             | 2031-07-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308HN0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $73096.00     | 0.00%             | 2046-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                                | CUSIP: 91159HJT8<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    300000 | PA      | $302346.00    | 0.01%             | 2031-02-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| NY & PRESBYTERIAN HOSPIT                                                         | New York and Presbyterian Hospital/The                                                    | CUSIP: 649322AJ3<br>LEI: 19EOSPKL8HML7MY3UE63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $54080.00     | 0.00%             | 2060-08-01      | Fixed         | 2.61%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VQS2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2738067 | PA      | $2301226.95   | 0.04%             | 2050-07-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YBD0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    300000 | PA      | $265521.00    | 0.00%             | 2048-11-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RLJ9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1373000 | PA      | $908692.59    | 0.02%             | 2055-09-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                                       | CUSIP: 25746UBD0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    100000 | PA      | $111088.00    | 0.00%             | 2038-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 89115A3C4<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $200850.00    | 0.00%             | 2029-12-17      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ENTERPRIS                                                         | Public Service Enterprise Group Inc                                                       | CUSIP: 744573AU0<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |    125000 | PA      | $108182.50    | 0.00%             | 2031-11-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE OP CO                                                             | Public Storage Operating Co                                                               | CUSIP: 74460WAD9<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              |  | US        |    150000 | PA      | $140062.50    | 0.00%             | 2028-05-01      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844BT4<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48825.50     | 0.00%             | 2027-06-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                                      | CUSIP: 49271VAK6<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    150000 | PA      | $107710.50    | 0.00%             | 2050-05-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140HAFK1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    417382 | PA      | $402738.61    | 0.01%             | 2048-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                                                           | Brixmor Operating Partnership LP                                                          | CUSIP: 11120VAM5<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |    100000 | PA      | $99749.00     | 0.00%             | 2034-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31292SBD1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    479530 | PA      | $444257.00    | 0.01%             | 2043-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EBRY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     45151 | PA      | $44648.76     | 0.00%             | 2027-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ATLANTIC CITY ELECTRIC                                                           | Atlantic City Electric Co                                                                 | CUSIP: 048303CH2<br>LEI: 549300S5TW3VP5V06B73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99043.00     | 0.00%             | 2028-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                                | CUSIP: 31428XCF1<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145170.00    | 0.00%             | 2028-02-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                                                         | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                                | CUSIP: 46590XAM8<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    100000 | PA      | $91780.00     | 0.00%             | 2031-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds                                       | Philippines Government International Bonds                                                | CUSIP: 718286BZ9<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    600000 | PA      | $507786.00    | 0.01%             | 2040-01-20      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                                                                    | Amphenol Corp                                                                             | CUSIP: 032095AJ0<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139536.00    | 0.00%             | 2030-02-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets PLC                                                           | BP Capital Markets PLC                                                                    | CUSIP: 05565QDN5<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |    275000 | PA      | $268829.00    | 0.01%             | 2027-09-19      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CBM6<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    100000 | PA      | $72929.00     | 0.00%             | 2041-06-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Shell International Finance BV                                                   | Shell International Finance BV                                                            | CUSIP: 822582BQ4<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |     75000 | PA      | $59207.25     | 0.00%             | 2046-05-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XMYT7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1376682 | PA      | $1172854.66   | 0.02%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                                                            | Republic Services Inc                                                                     | CUSIP: 760759AW0<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65745.00     | 0.00%             | 2050-03-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Entergy Texas Inc                                                                | Entergy Texas Inc                                                                         | CUSIP: 29365TAH7<br>LEI: LWXX58X12AJXISQ28573 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89125.00     | 0.00%             | 2039-03-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VER1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    700000 | PA      | $698894.00    | 0.01%             | 2028-09-21      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137FDES7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    700000 | PA      | $676945.63    | 0.01%             | 2032-04-25      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC / Charter Communications Operating Capital  | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175BR4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $200870.00    | 0.00%             | 2029-03-30      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 913017BS7<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101810.00    | 0.00%             | 2040-04-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWBB8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   9748333 | PA      | $7636548.00   | 0.14%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                                                                    | Amphenol Corp                                                                             | CUSIP: 032095AR2<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |    225000 | PA      | $223283.25    | 0.00%             | 2035-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                                  | CUSIP: 126408HE6<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97517.00     | 0.00%             | 2026-11-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                                                 | LPL Holdings Inc                                                                          | CUSIP: 50212YAN4<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75152.25     | 0.00%             | 2028-04-03      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| OSHKOSH CORP                                                                     | Oshkosh Corp                                                                              | CUSIP: 688225AH4<br>LEI: 549300FEKNPCFSA2B506 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92225.00     | 0.00%             | 2030-03-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XBY6<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     50000 | PA      | $46696.50     | 0.00%             | 2029-11-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                                         | EQT Corp                                                                                  | CUSIP: 26884LAL3<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100129.00    | 0.00%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                                                           | Marvell Technology Inc                                                                    | CUSIP: 573874AQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $103439.00    | 0.00%             | 2033-09-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475CB9<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203286.00    | 0.00%             | 2031-01-29      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NBZ3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    150000 | PA      | $113256.00    | 0.00%             | 2047-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YAS3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1208844 | PA      | $1206777.02   | 0.02%             | 2053-07-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417DKZ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    140462 | PA      | $130063.47    | 0.00%             | 2042-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BLACKROCK INC                                                                    | Blackrock Inc                                                                             | CUSIP: 09247XAN1<br>LEI: 529900VBK42Y5HHRMD23 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98447.00     | 0.00%             | 2027-03-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Fairfax Financial Holdings Ltd                                                   | Fairfax Financial Holdings Ltd                                                            | CUSIP: 303901BB7<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $100574.00    | 0.00%             | 2028-04-17      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AERCAP IRELAND CAP/GLOBA                                                                  | CUSIP: 00774MBQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    150000 | PA      | $148519.50    | 0.00%             | 2056-01-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Dell Inc                                                                         | Dell Inc                                                                                  | CUSIP: 24702RAF8<br>LEI: 3E70L4WYANTIWWIPHC81 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77768.25     | 0.00%             | 2038-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138AV4D4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    166928 | PA      | $161009.91    | 0.00%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                                       | CUSIP: 459058KU6<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    750000 | PA      | $748882.50    | 0.01%             | 2030-07-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                               | Meta Platforms Inc                                                                        | CUSIP: 30303M8N5<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    300000 | PA      | $303333.00    | 0.01%             | 2033-05-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                         | CUSIP: 49456BBA8<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95421.00     | 0.00%             | 2054-08-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group Inc                                               | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822BB9<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $181410.00    | 0.00%             | 2038-07-26      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| KLA CORP                                                                         | KLA Corp                                                                                  | CUSIP: 482480AM2<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |    275000 | PA      | $244516.25    | 0.00%             | 2052-07-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                               | CUSIP: 68389XCH6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    250000 | PA      | $265535.00    | 0.00%             | 2029-11-09      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78016FZW7<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $152170.50    | 0.00%             | 2028-01-12      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                                     | CUSIP: 89788MAG7<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148827.00    | 0.00%             | 2028-06-06      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KDJ6<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152257.50    | 0.00%             | 2030-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                                 | CUSIP: 037833BZ2<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    400000 | PA      | $392396.00    | 0.01%             | 2026-08-04      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Georgia Power Co                                                                 | Georgia Power Co                                                                          | CUSIP: 373334JW2<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    150000 | PA      | $125986.50    | 0.00%             | 2042-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YU69<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2860554 | PA      | $2847492.87   | 0.05%             | 2054-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Teledyne Technologies Inc                                                        | Teledyne Technologies Inc                                                                 | CUSIP: 879360AD7<br>LEI: 549300VSMO9KYQWDND94 | Long             | DBT              | CORP              | US        |    400000 | PA      | $377504.00    | 0.01%             | 2028-04-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Constellation Brands Inc                                                         | Constellation Brands Inc                                                                  | CUSIP: 21036PAS7<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98039.00     | 0.00%             | 2027-05-09      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                                      | CUSIP: 94106LCF4<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $189510.00    | 0.00%             | 2054-10-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Voya Financial Inc                                                               | Voya Financial Inc                                                                        | CUSIP: 929089AB6<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99089.00     | 0.00%             | 2026-06-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                                     | CUSIP: 88579YBK6<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |    200000 | PA      | $132676.00    | 0.00%             | 2049-08-26      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6E63<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    515430 | PA      | $523060.76    | 0.01%             | 2038-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WDT2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    236788 | PA      | $213450.11    | 0.00%             | 2051-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJU81<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    228638 | PA      | $216589.52    | 0.00%             | 2044-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448DY1<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    250000 | PA      | $243570.00    | 0.00%             | 2027-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA G&E CO                                                                  | Oklahoma Gas and Electric Co                                                              | CUSIP: 678858BV2<br>LEI: 549300VJ8YXGPO8EV472 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140983.50    | 0.00%             | 2030-04-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140EUKS7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    383403 | PA      | $347456.83    | 0.01%             | 2046-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GZN7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    375000 | PA      | $278610.00    | 0.01%             | 2043-02-24      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| BAT INTL FINANCE PLC                                                             | BAT International Finance PLC                                                             | CUSIP: 05530QAQ3<br>LEI: 21380041YBGOQDFAC823 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $208970.00    | 0.00%             | 2029-02-02      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308JQ1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    350000 | PA      | $287497.00    | 0.01%             | 2040-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Dignity Health                                                                   | Dignity Health                                                                            | CUSIP: 254010AE1<br>LEI: TFVG45LTYVO3XKPZWP18 | Long             | DBT              | CORP              | US        |     50000 | PA      | $42833.00     | 0.00%             | 2064-11-01      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Inc                                                           | Berkshire Hathaway Inc                                                                    | CUSIP: 084670BK3<br>LEI: 5493000C01ZX7D35SD85 | Long             | DBT              | CORP              | US        |    175000 | PA      | $159236.00    | 0.00%             | 2043-02-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                                | CUSIP: 91159HJM3<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    300000 | PA      | $309735.00    | 0.01%             | 2029-06-12      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 3620A2T55<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    130676 | PA      | $131989.69    | 0.00%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122DW5<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    350000 | PA      | $248272.50    | 0.00%             | 2052-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ENDOWMENT/THE                                                         | California Endowment/The                                                                  | CUSIP: 1301ETAA0<br>LEI: 54930046FICHFANLFV69 | Long             | DBT              | CORP              | US        |     50000 | PA      | $28735.00     | 0.00%             | 2051-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NAK7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    145000 | PA      | $158818.50    | 0.00%             | 2035-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                               | CUSIP: 59156RAM0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156438.00    | 0.00%             | 2035-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                                   | CUSIP: 824348BN5<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |    150000 | PA      | $126924.00    | 0.00%             | 2032-03-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                                               | Vodafone Group PLC                                                                        | CUSIP: 92857WCB4<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    225000 | PA      | $210426.75    | 0.00%             | 2064-06-28      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6AM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    107927 | PA      | $99952.66     | 0.00%             | 2036-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EVERGY METRO                                                                     | Evergy Metro Inc                                                                          | CUSIP: 30037DAA3<br>LEI: 1128SIJQ26096WL7IO82 | Long             | DBT              | CORP              | US        |     75000 | PA      | $66872.25     | 0.00%             | 2030-06-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31416JAS0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     42659 | PA      | $43004.45     | 0.00%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United Utilities PLC                                                             | United Utilities PLC                                                                      | CUSIP: 91311QAC9<br>LEI: 213800KYT12UFB2VE455 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $106828.00    | 0.00%             | 2028-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477BP7<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $174168.00    | 0.00%             | 2031-03-03      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| O'REILLY AUTOMOTIVE INC                                                          | O'Reilly Automotive Inc                                                                   | CUSIP: 67103HAL1<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146986.50    | 0.00%             | 2032-06-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967FX4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    205000 | PA      | $206340.70    | 0.00%             | 2042-01-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TRITON CONTAINER/TAL INT                                                         | Triton Container International Ltd / TAL International Container Corp                     | CUSIP: 89681LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    100000 | PA      | $84778.00     | 0.00%             | 2032-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418AJD1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     27241 | PA      | $26752.88     | 0.00%             | 2042-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PEG7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    500000 | PA      | $516445.00    | 0.01%             | 2030-04-22      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                                | CUSIP: 717081DV2<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246185.00    | 0.00%             | 2026-06-03      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| COTERRA ENERGY INC                                                               | Coterra Energy Inc                                                                        | CUSIP: 127097AL7<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74385.00     | 0.00%             | 2034-03-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                          | CUSIP: 124857AR4<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145567.50    | 0.00%             | 2027-01-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XCF5<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    150000 | PA      | $156495.00    | 0.00%             | 2033-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WJMJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    243889 | PA      | $221051.66    | 0.00%             | 2046-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335ACS5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    179411 | PA      | $169966.15    | 0.00%             | 2045-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE OP CO                                                             | Public Storage Operating Co                                                               | CUSIP: 74460WAF4<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              |  | US        |    100000 | PA      | $102663.00    | 0.00%             | 2029-01-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 913017BK4<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105838.00    | 0.00%             | 2036-06-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| International Paper Co                                                           | International Paper Co                                                                    | CUSIP: 460146CK7<br>LEI: 824LMFJDH41EY779Q875 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84536.00     | 0.00%             | 2044-06-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                                                         | CSX Corp                                                                                  | CUSIP: 126408HY2<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87284.00     | 0.00%             | 2055-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TMK8<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175484.75    | 0.00%             | 2029-08-09      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                                        | CUSIP: 86765BAT6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99182.00     | 0.00%             | 2026-07-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                                                                    | Amphenol Corp                                                                             | CUSIP: 032095AL5<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |    200000 | PA      | $173336.00    | 0.00%             | 2031-09-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 04650NAB0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142482.00    | 0.00%             | 2040-09-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Prologis LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XBH3<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |    150000 | PA      | $147973.50    | 0.00%             | 2028-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                                                         | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                                | CUSIP: 46590XAQ9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    150000 | PA      | $113272.50    | 0.00%             | 2052-02-02      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DV66<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    979225 | PA      | $724312.43    | 0.01%             | 2051-01-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833EV8<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    175000 | PA      | $173780.25    | 0.00%             | 2033-05-10      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Precision Castparts Corp                                                         | Precision Castparts Corp                                                                  | CUSIP: 740189AP0<br>LEI: 0XOOAY5P5J7Q734SEC89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83477.00     | 0.00%             | 2045-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| WW Grainger Inc                                                                  | WW Grainger Inc                                                                           | CUSIP: 384802AD6<br>LEI: 549300TWZSP6O1IH2V34 | Long             | DBT              | CORP              | US        |    200000 | PA      | $159670.00    | 0.00%             | 2047-05-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                          | CUSIP: 22822VBE0<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    200000 | PA      | $204136.00    | 0.00%             | 2034-03-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687FR2<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93341.00     | 0.00%             | 2040-03-23      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CNH INDUSTRIAL CAP LLC                                                           | CNH Industrial Capital LLC                                                                | CUSIP: 12592BAT1<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99882.00     | 0.00%             | 2027-10-08      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TOLL BROS FINANCE CORP                                                           | Toll Brothers Finance Corp                                                                | CUSIP: 88947EAS9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $100067.00    | 0.00%             | 2027-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XDK9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    250000 | PA      | $241595.00    | 0.00%             | 2026-06-10      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                          | CUSIP: 95040QAD6<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |    100000 | PA      | $99745.00     | 0.00%             | 2028-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X8MU8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1202352 | PA      | $935182.74    | 0.02%             | 2050-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON NATIONAL BANK                                                         | Huntington National Bank/The                                                              | CUSIP: 44644MAJ0<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |    250000 | PA      | $257802.50    | 0.00%             | 2030-01-10      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WHLY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    237067 | PA      | $216638.64    | 0.00%             | 2046-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                                                   | Microsoft Corp                                                                            | CUSIP: 594918CE2<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $733522.50    | 0.01%             | 2052-03-17      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                                   | CUSIP: 455780DZ6<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $205822.00    | 0.00%             | 2030-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EDH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    426577 | PA      | $393827.13    | 0.01%             | 2037-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                               | Royalty Pharma PLC                                                                        | CUSIP: 78081BAN3<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $126853.50    | 0.00%             | 2031-09-02      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                                                               | Conagra Brands Inc                                                                        | CUSIP: 205887CC4<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251125.00    | 0.00%             | 2028-11-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| INTUIT INC                                                                       | Intuit Inc                                                                                | CUSIP: 46124HAF3<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102763.00    | 0.00%             | 2028-09-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| GATX Corp                                                                        | GATX Corp                                                                                 | CUSIP: 361448AY9<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98128.00     | 0.00%             | 2026-09-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36241LT97<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    121976 | PA      | $119599.34    | 0.00%             | 2041-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335AU55<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    435552 | PA      | $398600.93    | 0.01%             | 2045-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RDG4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103959.00    | 0.00%             | 2041-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| APTIV SWISS HOLDINGS LTD                                                         | Aptiv Swiss Holdings Ltd                                                                  | CUSIP: 03835VAG1<br>LEI: 254900HTTDFIJZ32GX53 | Long             | DBT              | CORP              | JE        |    100000 | PA      | $97810.00     | 0.00%             | 2029-03-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| MOUNT NITTANY MED CTR                                                            | Mount Nittany Medical Center Obligated Group                                              | CUSIP: 62213LAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $36039.00     | 0.00%             | 2052-11-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810QD3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2375900 | PA      | $2288845.55   | 0.04%             | 2039-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DZW5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3467972 | PA      | $2845332.45   | 0.05%             | 2051-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois                                                                         | CUSIP: 452152GS4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     78571 | PA      | $83244.46     | 0.00%             | 2035-07-01      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                               | CUSIP: 68389XDC6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194276.00    | 0.00%             | 2065-08-03      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YDX4<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    275000 | PA      | $261437.00    | 0.00%             | 2064-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418AYD4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     49401 | PA      | $47064.90     | 0.00%             | 2033-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TYSON FOODS INC                                                                  | Tyson Foods Inc                                                                           | CUSIP: 902494BL6<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102687.00    | 0.00%             | 2029-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJYT1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     91441 | PA      | $80181.89     | 0.00%             | 2046-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KLA CORP                                                                         | KLA Corp                                                                                  | CUSIP: 482480AJ9<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |    100000 | PA      | $67790.00     | 0.00%             | 2050-03-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| KEMPER CORP                                                                      | Kemper Corp                                                                               | CUSIP: 488401AC4<br>LEI: 549300FNI1JKTRY2PV09 | Long             | DBT              | CORP              | US        |    150000 | PA      | $130305.00    | 0.00%             | 2030-09-30      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| TR FIN LLC                                                                       | TR FIN LLC                                                                                | CUSIP: 87268LAE7<br>LEI: 254900OWSTRTOV8P5W25 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99179.00     | 0.00%             | 2035-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                               | CUSIP: 29444UBR6<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     75000 | PA      | $70050.00     | 0.00%             | 2028-05-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128PWV21<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      4353 | PA      | $4304.02      | 0.00%             | 2026-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132A3J35<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1349012 | PA      | $1394118.87   | 0.03%             | 2035-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Federal Home Loan Mortgage Corp                                                           | CUSIP: 3134A4AA2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |    200000 | PA      | $227208.00    | 0.00%             | 2031-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                                 | CUSIP: 037833CR9<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    350000 | PA      | $344659.00    | 0.01%             | 2027-05-11      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | Lloyds Banking Group PLC                                                                  | CUSIP: 53944YAZ6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $252885.00    | 0.00%             | 2028-01-05      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810UE6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12700000 | PA      | $11859617.25  | 0.22%             | 2054-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                          | CUSIP: 054989AC2<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    150000 | PA      | $162240.00    | 0.00%             | 2043-08-02      | Fixed         | 7.08%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418E7A2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2443800 | PA      | $2420857.07   | 0.05%             | 2054-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810TC2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11300000 | PA      | $7621320.37   | 0.14%             | 2041-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DSJ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3741742 | PA      | $3083423.70   | 0.06%             | 2050-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                                   | CUSIP: 55336VBW9<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88762.00     | 0.00%             | 2053-03-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE                                                                       | Federal National Mortgage Association                                                     | CUSIP: 3135G05Q2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |   3000000 | PA      | $2565630.00   | 0.05%             | 2030-08-05      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179X5G7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1935541 | PA      | $1886445.84   | 0.04%             | 2053-06-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENVUE INC                                                                       | Kenvue Inc                                                                                | CUSIP: 49177JAK8<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301029.00    | 0.01%             | 2033-03-22      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 06051GHQ5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    575000 | PA      | $561085.00    | 0.01%             | 2030-02-07      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214DC4<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    200000 | PA      | $196454.00    | 0.00%             | 2026-08-19      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Ameren Illinois Co                                                               | Ameren Illinois Co                                                                        | CUSIP: 02361DAR1<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |    100000 | PA      | $73477.00     | 0.00%             | 2047-12-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804GJ7<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81466.00     | 0.00%             | 2052-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PDX1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    400000 | PA      | $418076.00    | 0.01%             | 2029-10-23      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                       | PacifiCorp                                                                                | CUSIP: 695114CJ5<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104119.00    | 0.00%             | 2038-07-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111FF5<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81537.00     | 0.00%             | 2054-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                              | CUSIP: 251526CF4<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $180090.00    | 0.00%             | 2032-01-14      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| Fidelity National Information Services Inc                                       | Fidelity National Information Services Inc                                                | CUSIP: 31620MAU0<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |     75000 | PA      | $60021.00     | 0.00%             | 2046-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MARKEL GROUP INC                                                                 | Markel Group Inc                                                                          | CUSIP: 570535AR5<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97688.00     | 0.00%             | 2027-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DIAGEO INVESTMENT CORP                                                           | Diageo Investment Corp                                                                    | CUSIP: 25245BAE7<br>LEI: S4G8DPIPDVCF6CB81Z61 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205356.00    | 0.00%             | 2035-04-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                             | CUSIP: 744448CR0<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74392.00     | 0.00%             | 2049-09-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Hackensack Meridian Health Inc                                                   | Hackensack Meridian Health Inc                                                            | CUSIP: 404530AD9<br>LEI: 5493001CB3OCWTEJY668 | Long             | DBT              | CORP              | US        |    100000 | PA      | $61190.00     | 0.00%             | 2050-09-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                           | Canadian Imperial Bank of Commerce                                                        | CUSIP: 13607L8C0<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $203014.00    | 0.00%             | 2027-06-28      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| CMS Energy Corp                                                                  | CMS Energy Corp                                                                           | CUSIP: 125896BS8<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97827.00     | 0.00%             | 2027-08-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661DV6<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92461.00     | 0.00%             | 2040-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132A5JC0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     34109 | PA      | $30825.76     | 0.00%             | 2048-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FIRST HORIZON BANK                                                               | First Horizon Bank                                                                        | CUSIP: 337158AJ8<br>LEI: COOWI3L2W9TPYR3WJX37 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251817.50    | 0.00%             | 2030-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D6L1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    442924 | PA      | $374379.30    | 0.01%             | 2041-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                            | CUSIP: 594918AM6<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104107.00    | 0.00%             | 2041-02-08      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Burlington Northern Santa Fe LLC                                                 | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LAE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $97176.00     | 0.00%             | 2041-06-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CNO FINANCIAL GROUP INC                                                          | CNO Financial Group Inc                                                                   | CUSIP: 12621EAM5<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | DBT              | CORP              | US        |    125000 | PA      | $128886.25    | 0.00%             | 2034-06-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| CHURCH & DWIGHT CO INC                                                           | Church & Dwight Co Inc                                                                    | CUSIP: 17136MAB8<br>LEI: POOXSI30AWAQGYJZC921 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87577.00     | 0.00%             | 2052-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                                | CUSIP: 91159HJN1<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    300000 | PA      | $309993.00    | 0.01%             | 2034-06-12      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YRH9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1083557 | PA      | $1079083.21   | 0.02%             | 2054-02-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                                        | CUSIP: 74456QBQ8<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    150000 | PA      | $113920.50    | 0.00%             | 2046-03-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TJK2<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96712.00     | 0.00%             | 2026-06-18      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                               | CUSIP: 02665WFU0<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    125000 | PA      | $123953.75    | 0.00%             | 2031-10-23      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SB89<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     88990 | PA      | $80656.55     | 0.00%             | 2046-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline LP / PAA Finance Corp                               | Plains All American Pipeline LP / PAA Finance Corp                                        | CUSIP: 72650RBC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $38506.00     | 0.00%             | 2043-01-31      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GWV2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    450000 | PA      | $440460.00    | 0.01%             | 2029-04-23      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| GXO LOGISTICS INC                                                                | GXO Logistics Inc                                                                         | CUSIP: 36262GAF8<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102575.00    | 0.00%             | 2029-05-06      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Aon Corp                                                                         | Aon Corp                                                                                  | CUSIP: 037389BB8<br>LEI: LTS3U8DGK38SETRUWX71 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100200.00    | 0.00%             | 2028-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Republic of Korea                                                                | Korea International Bond                                                                  | CUSIP: 50064FAM6<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    250000 | PA      | $244472.50    | 0.00%             | 2027-01-19      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140BK5<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    160000 | PA      | $86344.00     | 0.00%             | 2060-02-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                               | CUSIP: 931142EE9<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    300000 | PA      | $297195.00    | 0.01%             | 2028-06-26      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MEZ3<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96315.00     | 0.00%             | 2035-12-09      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| SEMPRA                                                                           | Sempra                                                                                    | CUSIP: 816851BQ1<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100848.00    | 0.00%             | 2026-08-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| MARKEL GROUP INC                                                                 | Markel Group Inc                                                                          | CUSIP: 570535AS3<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |     75000 | PA      | $57972.00     | 0.00%             | 2047-11-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| ADOBE INC                                                                        | Adobe Inc                                                                                 | CUSIP: 00724PAK5<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103072.00    | 0.00%             | 2035-01-17      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Archer-Daniels-Midland Co                                                        | Archer-Daniels-Midland Co                                                                 | CUSIP: 039483BQ4<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82946.00     | 0.00%             | 2049-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135CR5<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    400000 | PA      | $403836.00    | 0.01%             | 2032-12-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810SQ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8400000 | PA      | $5053781.29   | 0.09%             | 2040-08-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 969457CQ1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72985.50     | 0.00%             | 2055-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority                                                                | CUSIP: 59447TXX6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    200000 | PA      | $160493.40    | 0.00%             | 2040-12-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES                                                           | PPL Electric Utilities Corp                                                               | CUSIP: 69351UAV5<br>LEI: 549300GCZLSGYEYPIR35 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78950.00     | 0.00%             | 2048-06-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Indonesia Government International Bonds                                         | Indonesia Government International Bonds                                                  | CUSIP: 455780CH7<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $202792.00    | 0.00%             | 2029-02-11      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ARES STRATEGIC INCOME FU                                                         | Ares Strategic Income Fund                                                                | CUSIP: 04020EAB3<br>LEI: 549300IANZJVZPTICV54 | Long             | DBT              | CORP              | US        |    125000 | PA      | $126702.50    | 0.00%             | 2029-08-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M9LK6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     54019 | PA      | $48681.83     | 0.00%             | 2042-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                              | CUSIP: 883556CY6<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96827.00     | 0.00%             | 2043-08-10      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D56K3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1836617 | PA      | $1670629.31   | 0.03%             | 2035-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| VONTIER CORP                                                                     | Vontier Corp                                                                              | CUSIP: 928881AF8<br>LEI: 549300VVSQLG4P5K4639 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88264.00     | 0.00%             | 2031-04-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Energy Partners LP                                                 | Kinder Morgan Energy Partners LP                                                          | CUSIP: 494550AQ9<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    100000 | PA      | $110599.00    | 0.00%             | 2033-08-15      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| PULTEGROUP INC                                                                   | PulteGroup Inc                                                                            | CUSIP: 745867AM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $229010.00    | 0.00%             | 2032-06-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MFJ8<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93342.00     | 0.00%             | 2029-09-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                                                            | AvalonBay Communities Inc                                                                 | CUSIP: 053484AF8<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |    100000 | PA      | $101570.00    | 0.00%             | 2034-06-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                          | CUSIP: 95040QAK0<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |    100000 | PA      | $97443.00     | 0.00%             | 2027-02-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DCX8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    144249 | PA      | $124659.21    | 0.00%             | 2049-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650DY3<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197538.00    | 0.00%             | 2033-06-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Energy Partners LP                                                 | Kinder Morgan Energy Partners LP                                                          | CUSIP: 28370TAD1<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    100000 | PA      | $111741.00    | 0.00%             | 2040-11-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Energy Co                                                     | Berkshire Hathaway Energy Co                                                              | CUSIP: 084659BD2<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |     75000 | PA      | $63033.75     | 0.00%             | 2031-05-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                               | CUSIP: 931142CH4<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77670.00     | 0.00%             | 2027-04-05      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172DT3<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197804.00    | 0.00%             | 2030-04-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78016HZX1<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $201366.00    | 0.00%             | 2027-07-23      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                                                           | Asian Development Bank                                                                    | CUSIP: 045167EG4<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $485750.00    | 0.01%             | 2028-01-19      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810PW2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1290600 | PA      | $1268821.13   | 0.02%             | 2038-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DARTMOUTH-HITCH HEALTH                                                           | Dartmouth-Hitchcock Health                                                                | CUSIP: 23745QAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $37237.00     | 0.00%             | 2048-08-01      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FH26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    682978 | PA      | $701595.90    | 0.01%             | 2055-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                                                         | European Investment Bank                                                                  | CUSIP: 298785HM1<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    450000 | PA      | $436536.00    | 0.01%             | 2027-05-24      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev Finance Inc                                                 | Anheuser-Busch InBev Finance Inc                                                          | CUSIP: 03524BAF3<br>LEI: 5493000EYEKDT0FBSQ91 | Long             | DBT              | CORP              | US        |    200000 | PA      | $177130.00    | 0.00%             | 2044-02-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YDB2<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $205598.00    | 0.00%             | 2034-07-06      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                                        | CUSIP: 907818EJ3<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    150000 | PA      | $119320.50    | 0.00%             | 2046-03-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| ONEOK Partners LP                                                                | ONEOK Partners LP                                                                         | CUSIP: 68268NAG8<br>LEI: T4DHW82NMF6BXJT50795 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146010.00    | 0.00%             | 2041-02-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Whirlpool Corp                                                                   | Whirlpool Corp                                                                            | CUSIP: 963320AW6<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97036.14     | 0.00%             | 2029-02-26      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BGC GROUP INC                                                                    | BGC Group Inc                                                                             | CUSIP: 088929AC8<br>LEI: 2549001IGRCG4F0RLD36 | Long             | DBT              | CORP              | US        |     75000 | PA      | $79697.25     | 0.00%             | 2028-05-25      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | New York City Municipal Water Finance Authority                                           | CUSIP: 64972FT30<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    125000 | PA      | $122166.75    | 0.00%             | 2042-06-15      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| APTARGROUP INC                                                                   | AptarGroup Inc                                                                            | CUSIP: 038336AA1<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91466.00     | 0.00%             | 2032-03-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| DIGITAL REALTY TRUST LP                                                          | Digital Realty Trust LP                                                                   | CUSIP: 25389JAU0<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              |  | US        |    150000 | PA      | $144345.00    | 0.00%             | 2029-07-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NCC3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    375000 | PA      | $281463.75    | 0.01%             | 2047-11-01      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200KH3<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190356.00    | 0.00%             | 2027-05-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                                | CUSIP: 683234AQ1<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    450000 | PA      | $424386.00    | 0.01%             | 2027-05-21      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| CHEVRON CORP                                                                     | Chevron Corp                                                                              | CUSIP: 166764BX7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $192526.00    | 0.00%             | 2027-05-11      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140HBH68<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    862800 | PA      | $804401.15    | 0.02%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                                    | CUSIP: 202795JJ0<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    100000 | PA      | $73420.00     | 0.00%             | 2046-06-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Pioneer Natural Resources Co                                                     | Pioneer Natural Resources Co                                                              | CUSIP: 723787AQ0<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | DBT              | CORP              | US        |    200000 | PA      | $175246.00    | 0.00%             | 2030-08-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650DJ6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    300000 | PA      | $284115.00    | 0.01%             | 2030-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS LLC                                                           | Chubb INA Holdings LLC                                                                    | CUSIP: 171239AK2<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |    375000 | PA      | $375390.00    | 0.01%             | 2034-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Power Co                                                             | Mississippi Power Co                                                                      | CUSIP: 605417BZ6<br>LEI: LNZ0J6YZ5SC6ILIRU850 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82680.00     | 0.00%             | 2042-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                                                   | Salesforce Inc                                                                            | CUSIP: 79466LAK0<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |    250000 | PA      | $174990.00    | 0.00%             | 2041-07-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                             | CUSIP: 571903BJ1<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151974.00    | 0.00%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 9128287B0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4450000 | PA      | $4345181.63   | 0.08%             | 2026-06-30      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJYY0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    980994 | PA      | $860207.81    | 0.02%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNUM GROUP                                                                       | Unum Group                                                                                | CUSIP: 91529YAT3<br>LEI: 549300E32YFDO6TZ8R31 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72275.25     | 0.00%             | 2054-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YRJ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    695581 | PA      | $706540.98    | 0.01%             | 2054-02-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Trinity Health Corp                                                              | Trinity Health Corp                                                                       | CUSIP: 896516AA9<br>LEI: TWSRHFGEDJDX0GKMGJ67 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80006.00     | 0.00%             | 2045-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| QUANTA SERVICES INC                                                              | Quanta Services Inc                                                                       | CUSIP: 74762EAF9<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |    250000 | PA      | $227187.50    | 0.00%             | 2030-10-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31404XJ70<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     26598 | PA      | $27286.97     | 0.00%             | 2034-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COUNCIL OF EUROPE                                                                | Council Of Europe Development Bank                                                        | CUSIP: 222213BC3<br>LEI: 549300UYNXMI821WYG82 | Long             | DBT              | NUSS              | XX        |    200000 | PA      | $199206.00    | 0.00%             | 2026-05-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| JobsOhio Beverage System                                                         | JobsOhio Beverage System                                                                  | CUSIP: 47770VAZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $297507.00    | 0.01%             | 2035-01-01      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                           | Canadian Imperial Bank of Commerce                                                        | CUSIP: 13607PVQ4<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $203382.00    | 0.00%             | 2031-01-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INTUIT INC                                                                       | Intuit Inc                                                                                | CUSIP: 46124HAG1<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204702.00    | 0.00%             | 2033-09-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| O'REILLY AUTOMOTIVE INC                                                          | O'Reilly Automotive Inc                                                                   | CUSIP: 67103HAN7<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73336.50     | 0.00%             | 2034-08-19      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DTE Electric Co                                                                  | DTE Electric Co                                                                           | CUSIP: 23338VAH9<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78634.00     | 0.00%             | 2048-05-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORP                                                                     | Newmont Corp                                                                              | CUSIP: 651639AZ9<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |    200000 | PA      | $174814.00    | 0.00%             | 2032-07-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810RQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4800000 | PA      | $3254625.02   | 0.06%             | 2046-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| IBM INTERNAT CAPITAL                                                             | IBM International Capital Pte Ltd                                                         | CUSIP: 449276AD6<br>LEI: 2549007KTXQQBYZO7485 | Long             | DBT              | CORP              | SG        |    150000 | PA      | $150505.50    | 0.00%             | 2031-02-05      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076CH3<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137854.50    | 0.00%             | 2028-09-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XCY0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $184318.00    | 0.00%             | 2030-06-21      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EXV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1200316 | PA      | $1214481.31   | 0.02%             | 2053-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COLUMBIA PIPELINE GROUP                                                          | Columbia Pipeline Group Inc                                                               | CUSIP: 198280AH2<br>LEI: 549300SRP1TQM9JJBG80 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95619.00     | 0.00%             | 2045-06-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | Sutter Health                                                                             | CUSIP: 86944BAL7<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96128.00     | 0.00%             | 2053-08-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661EJ2<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    300000 | PA      | $228300.00    | 0.00%             | 2052-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VENTAS REALTY LP                                                                 | Ventas Realty LP                                                                          | CUSIP: 92277GBA4<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |    125000 | PA      | $120437.50    | 0.00%             | 2035-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457CS5<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $182632.00    | 0.00%             | 2054-08-14      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CEE7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8500000 | PA      | $8040800.76   | 0.15%             | 2029-03-31      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Aon Corp                                                                         | Aon Corp                                                                                  | CUSIP: 037389BC6<br>LEI: LTS3U8DGK38SETRUWX71 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145771.50    | 0.00%             | 2029-05-02      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                                        | CUSIP: 907818EK0<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     75000 | PA      | $52821.75     | 0.00%             | 2046-08-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                                                  | Israel Government International Bond                                                      | CUSIP: 46514Y8A8<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    400000 | PA      | $403432.00    | 0.01%             | 2030-02-19      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport                                                   | CUSIP: 2350367A2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $167322.25    | 0.00%             | 2050-11-01      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                           | CUSIP: 500769KD5<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    500000 | PA      | $499805.00    | 0.01%             | 2034-02-28      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC / Charter Communications Operating Capital  | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175BC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $99571.00     | 0.00%             | 2055-10-23      | Fixed         | 6.83%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KCP3<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    175000 | PA      | $174104.00    | 0.00%             | 2033-02-28      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                                                                    | Owens Corning                                                                             | CUSIP: 690742AN1<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101707.00    | 0.00%             | 2027-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                             | CUSIP: 097023AS4<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105765.00    | 0.00%             | 2038-02-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Wyeth LLC                                                                        | Wyeth LLC                                                                                 | CUSIP: 983024AG5<br>LEI: 549300Q9GR3WRH4N4836 | Long             | DBT              | CORP              | US        |    150000 | PA      | $164856.00    | 0.00%             | 2034-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DVKR5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    498724 | PA      | $448875.69    | 0.01%             | 2049-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                                                              | Estee Lauder Cos Inc/The                                                                  | CUSIP: 29736RAS9<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100138.00    | 0.00%             | 2028-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VULCAN MATERIALS CO                                                              | Vulcan Materials Co                                                                       | CUSIP: 929160BD0<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192886.00    | 0.00%             | 2054-12-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                            | CUSIP: 594918BU7<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |     50000 | PA      | $39115.00     | 0.00%             | 2056-08-08      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                                                                      | MetLife Inc                                                                               | CUSIP: 59156RBZ0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201536.00    | 0.00%             | 2030-03-23      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137H7ZB2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2500000 | PA      | $2257141.55   | 0.04%             | 2032-06-25      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810FT0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1536700 | PA      | $1556629.08   | 0.03%             | 2036-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816DY2<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    250000 | PA      | $253850.00    | 0.00%             | 2031-01-30      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Kaiser Foundation Hospitals                                                      | Kaiser Foundation Hospitals                                                               | CUSIP: 48305QAC7<br>LEI: DW4Z57L3G4IRMHYZYK62 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97580.00     | 0.00%             | 2027-05-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132A5HT5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    120376 | PA      | $105186.67    | 0.00%             | 2047-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PDT6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    250000 | PA      | $196462.50    | 0.00%             | 2039-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BLUE OWL CAPITAL CORP                                                            | Blue Owl Capital Corp                                                                     | CUSIP: 69121KAE4<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195858.00    | 0.00%             | 2026-07-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| NUCOR CORP                                                                       | Nucor Corp                                                                                | CUSIP: 670346AU9<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $117590.00    | 0.00%             | 2055-12-15      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 172967NG2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    500000 | PA      | $486755.00    | 0.01%             | 2028-02-24      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc                                              | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MAK6<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $245115.00    | 0.00%             | 2026-10-19      | Fixed         | 3.01%                 | No            |                  2 | On Loan: No      |
| DXC TECHNOLOGY CO                                                                | DXC Technology Co                                                                         | CUSIP: 23355LAM8<br>LEI: 549300DOVZ3EDJB7O259 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137511.00    | 0.00%             | 2028-09-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA NA                                                               | Bank of America NA                                                                        | CUSIP: 06428CAA2<br>LEI: B4TYDEB6GKMZO031MB27 | Long             | DBT              | CORP              | US        |    400000 | PA      | $405196.00    | 0.01%             | 2026-08-18      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| Stanley Black & Decker Inc                                                       | Stanley Black & Decker Inc                                                                | CUSIP: 854502AH4<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74057.25     | 0.00%             | 2028-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Alabama Power Co                                                                 | Alabama Power Co                                                                          | CUSIP: 010392FB9<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105759.00    | 0.00%             | 2039-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Valero Energy Corp                                                               | Valero Energy Corp                                                                        | CUSIP: 91913YAL4<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |    200000 | PA      | $210106.00    | 0.00%             | 2037-06-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                                  | CUSIP: 126408HN6<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86403.00     | 0.00%             | 2048-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWDS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3179594 | PA      | $2710549.73   | 0.05%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Energy Co                                                     | Berkshire Hathaway Energy Co                                                              | CUSIP: 59562VAP2<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104557.00    | 0.00%             | 2037-05-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Port of Morrow OR                                                                | Port of Morrow                                                                            | CUSIP: 73474TAT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $72098.40     | 0.00%             | 2040-09-01      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                            | CUSIP: 594918BK9<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146278.50    | 0.00%             | 2035-11-03      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 28622HAC5<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    200000 | PA      | $174066.00    | 0.00%             | 2053-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VFT6<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    575000 | PA      | $397284.75    | 0.01%             | 2040-11-20      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| HERSHEY COMPANY                                                                  | Hershey Co/The                                                                            | CUSIP: 427866BN7<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75035.25     | 0.00%             | 2035-02-24      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818FX1<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    250000 | PA      | $222522.50    | 0.00%             | 2032-02-14      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477CX9<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149328.00    | 0.00%             | 2036-02-28      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ELECTRIC POWER                                                         | Wisconsin Electric Power Co                                                               | CUSIP: 976656CT3<br>LEI: AENKIFMULUAWOUU8Q584 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65735.25     | 0.00%             | 2054-10-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                                                               | Essex Portfolio LP                                                                        | CUSIP: 29717PAW7<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              |  | US        |    150000 | PA      | $125814.00    | 0.00%             | 2031-01-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | Fiserv Inc                                                                                | CUSIP: 337738BK3<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76710.00     | 0.00%             | 2031-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RDR0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    175000 | PA      | $171542.00    | 0.00%             | 2037-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UNION ELECTRIC CO                                                                | Union Electric Co                                                                         | CUSIP: 906548CW0<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93724.00     | 0.00%             | 2053-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XCE9<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |    150000 | PA      | $147216.00    | 0.00%             | 2033-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | Mastercard Inc                                                                            | CUSIP: 57636QBG8<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     95000 | PA      | $96843.95     | 0.00%             | 2032-03-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 912828U24<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8773900 | PA      | $8526277.20   | 0.16%             | 2026-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EWE5<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96712.00     | 0.00%             | 2029-04-18      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                            | MidAmerican Energy Co                                                                     | CUSIP: 595620AB1<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $111616.00    | 0.00%             | 2031-12-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                         | CUSIP: 24703TAP1<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    175000 | PA      | $172943.75    | 0.00%             | 2035-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INGERSOLL RAND INC                                                               | Ingersoll Rand Inc                                                                        | CUSIP: 45687VAB2<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205910.00    | 0.00%             | 2033-08-14      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Cheniere Corpus Christi Holdings LLC                                             | Cheniere Corpus Christi Holdings LLC                                                      | CUSIP: 16412XAJ4<br>LEI: 549300I7CIEWU1BBLQ53 | Long             | DBT              | CORP              | US        |    200000 | PA      | $191774.00    | 0.00%             | 2029-11-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CHOICE HOTELS INTL INC                                                           | Choice Hotels International Inc                                                           | CUSIP: 169905AF3<br>LEI: 5493003CYRY5RFGTIR97 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93592.00     | 0.00%             | 2029-12-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                                                             | Keurig Dr Pepper Inc                                                                      | CUSIP: 26138EAX7<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97989.00     | 0.00%             | 2027-06-15      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                                                   | Fannie Mae-Aces                                                                           | CUSIP: 3136AQHL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     34062 | PA      | $34062.23     | 0.00%             | 2025-06-25      | Variable      | 2.67%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                                       | CUSIP: 25746UBQ1<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77203.00     | 0.00%             | 2042-09-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                                              | PayPal Holdings Inc                                                                       | CUSIP: 70450YAQ6<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70870.50     | 0.00%             | 2054-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                                           | Santander Holdings USA Inc                                                                | CUSIP: 80282KBG0<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103798.00    | 0.00%             | 2029-06-12      | Fixed         | 6.57%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                                   | CUSIP: 828807DX2<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |     75000 | PA      | $80916.00     | 0.00%             | 2054-01-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D2R2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    609680 | PA      | $553130.61    | 0.01%             | 2036-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                           | CUSIP: 4581X0EH7<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    400000 | PA      | $400916.00    | 0.01%             | 2028-01-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200AP6<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     75000 | PA      | $88756.50     | 0.00%             | 2096-12-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| COLGATE-PALMOLIVE CO                                                             | Colgate-Palmolive Co                                                                      | CUSIP: 194162AN3<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196258.00    | 0.00%             | 2027-08-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                            | CUSIP: 58933YAZ8<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    250000 | PA      | $216122.50    | 0.00%             | 2030-06-24      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 637432PA7<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156691.50    | 0.00%             | 2033-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EVA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1266001 | PA      | $1281136.03   | 0.02%             | 2053-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                 | CUSIP: 00774MAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    150000 | PA      | $146703.00    | 0.00%             | 2028-01-23      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ABY0<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    300000 | PA      | $195081.00    | 0.00%             | 2060-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                                                  | Sands China Ltd                                                                           | CUSIP: 80007RAQ8<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $181488.00    | 0.00%             | 2029-03-08      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TQQ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    462314 | PA      | $431815.49    | 0.01%             | 2048-01-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vulcan Materials Co                                                              | Vulcan Materials Co                                                                       | CUSIP: 929160AT6<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148792.50    | 0.00%             | 2027-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                                      | CUSIP: 49271VAM2<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65381.00     | 0.00%             | 2051-03-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140GYGZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     85984 | PA      | $77707.29     | 0.00%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                                | CUSIP: 14040HDA0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    300000 | PA      | $313839.00    | 0.01%             | 2034-06-08      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FCG4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203208.00    | 0.00%             | 2032-04-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                                                 | Hewlett Packard Enterprise Co                                                             | CUSIP: 42824CBP3<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101907.00    | 0.00%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081FP7<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74029.00     | 0.00%             | 2047-12-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Atmos Energy Corp                                                                | Atmos Energy Corp                                                                         | CUSIP: 049560AN5<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97612.00     | 0.00%             | 2027-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DXF4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    126974 | PA      | $109447.20    | 0.00%             | 2036-03-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Tucson Electric Power Co                                                         | Tucson Electric Power Co                                                                  | CUSIP: 898813AQ3<br>LEI: YLF139GXSRKPBBTNZL03 | Long             | DBT              | CORP              | US        |     50000 | PA      | $42600.50     | 0.00%             | 2048-12-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202FXB7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    138045 | PA      | $131027.32    | 0.00%             | 2041-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WKR31<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    206900 | PA      | $199450.88    | 0.00%             | 2032-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132XCRY3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     45560 | PA      | $41560.28     | 0.00%             | 2047-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132XUSH9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    457897 | PA      | $414401.05    | 0.01%             | 2047-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                            | CUSIP: 10373QCB4<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101429.00    | 0.00%             | 2029-11-25      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CONSOLIDATED                                                           | Coca-Cola Consolidated Inc                                                                | CUSIP: 191098AP7<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101946.00    | 0.00%             | 2034-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                                                   | Salesforce Inc                                                                            | CUSIP: 79466LAJ3<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |    300000 | PA      | $259977.00    | 0.00%             | 2031-07-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                                  | CUSIP: 298785JE7<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    170000 | PA      | $146271.40    | 0.00%             | 2030-05-17      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                               | Meta Platforms Inc                                                                        | CUSIP: 30303M8L9<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    250000 | PA      | $254122.50    | 0.00%             | 2028-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                                   | CUSIP: 742718GF0<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101088.00    | 0.00%             | 2029-01-29      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179ME30<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     56340 | PA      | $51691.64     | 0.00%             | 2042-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                                                            | PACCAR Financial Corp                                                                     | CUSIP: 69371RT48<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98702.00     | 0.00%             | 2029-09-26      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEWMONT / NEWCREST FIN                                                           | Newmont Corp / Newcrest Finance Pty Ltd                                                   | CUSIP: 65163LAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $99481.00     | 0.00%             | 2041-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                                                      | Exelon Corp                                                                               | CUSIP: 30161NBM2<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    125000 | PA      | $127451.25    | 0.00%             | 2029-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| AGREE LP                                                                         | Agree LP                                                                                  | CUSIP: 008513AD5<br>LEI: 549300DXY3G299V1BO77 | Long             | DBT              |  | US        |    100000 | PA      | $97152.00     | 0.00%             | 2032-10-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORP                                                                | Hyatt Hotels Corp                                                                         | CUSIP: 448579AT9<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99213.00     | 0.00%             | 2031-12-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                                       | CUSIP: 49446RAV1<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |     75000 | PA      | $52818.75     | 0.00%             | 2049-10-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CORP ANDINA DE FOMENTO                                                           | Corp Andina de Fomento                                                                    | CUSIP: 219868CJ3<br>LEI: UKZ46SXGNYCZK0UOZE76 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $510795.00    | 0.01%             | 2029-01-24      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern Power Co                                                                | Southern Power Co                                                                         | CUSIP: 843646AH3<br>LEI: 5LADC78JBG2BMZD5XF57 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91412.00     | 0.00%             | 2041-09-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| HASBRO INC                                                                       | Hasbro Inc                                                                                | CUSIP: 418056AY3<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147451.50    | 0.00%             | 2026-11-19      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Edwards Lifesciences Corp                                                        | Edwards Lifesciences Corp                                                                 | CUSIP: 28176EAD0<br>LEI: YA13X31F3V31L8TMPR58 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99565.00     | 0.00%             | 2028-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| NOV INC                                                                          | NOV Inc                                                                                   | CUSIP: 637071AM3<br>LEI: 549300EHF3IW1AR6U008 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95131.00     | 0.00%             | 2029-12-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                                                         | Prudential Financial Inc                                                                  | CUSIP: 744320BH4<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    200000 | PA      | $181140.00    | 0.00%             | 2050-10-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                          | CUSIP: 05526DBT1<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     75000 | PA      | $57546.75     | 0.00%             | 2040-09-25      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CMG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12900000 | PA      | $13063769.50  | 0.25%             | 2030-01-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752AN3<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    200000 | PA      | $178216.00    | 0.00%             | 2030-05-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Brixmor Operating Partnership LP                                                 | Brixmor Operating Partnership LP                                                          | CUSIP: 11120VAL7<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |    100000 | PA      | $86087.00     | 0.00%             | 2031-08-16      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EXW5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1034467 | PA      | $1062745.54   | 0.02%             | 2053-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78016EZZ3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $192192.00    | 0.00%             | 2026-11-02      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CHE4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7500000 | PA      | $7449902.33   | 0.14%             | 2028-05-31      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| CHILDREN'S HOSPITAL/DC                                                           | Children's Hospital/DC                                                                    | CUSIP: 16876DAA6<br>LEI: 549300C1PQZDYQ6KZS51 | Long             | DBT              | CORP              | US        |    100000 | PA      | $60553.00     | 0.00%             | 2050-07-15      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| Dow Chemical Co/The                                                              | Dow Chemical Co/The                                                                       | CUSIP: 260543CK7<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44888.50     | 0.00%             | 2034-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200JH5<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    150000 | PA      | $128974.50    | 0.00%             | 2046-02-19      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D57J5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    971667 | PA      | $856941.44    | 0.02%             | 2036-04-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967MD0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    450000 | PA      | $376501.50    | 0.01%             | 2048-07-23      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Altria Group Inc                                                                 | Altria Group Inc                                                                          | CUSIP: 02209SBF9<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    400000 | PA      | $389168.00    | 0.01%             | 2049-02-14      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds                                             | Chile Government International Bonds                                                      | CUSIP: 168863EA2<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    300000 | PA      | $276324.00    | 0.01%             | 2054-01-05      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                                      | CUSIP: 743315AR4<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97191.00     | 0.00%             | 2027-01-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                                                             | Howmet Aerospace Inc                                                                      | CUSIP: 013817AJ0<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102322.00    | 0.00%             | 2027-02-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WLQ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    660342 | PA      | $576330.65    | 0.01%             | 2051-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Altria Group Inc                                                                 | Altria Group Inc                                                                          | CUSIP: 02209SAQ6<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81316.00     | 0.00%             | 2043-05-02      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY OHIO INC                                                             | Duke Energy Ohio Inc                                                                      | CUSIP: 26442EAH3<br>LEI: L6KC0HABGHNFU1Z6QY21 | Long             | DBT              | CORP              | US        |    150000 | PA      | $133885.50    | 0.00%             | 2030-06-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810PU6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1180000 | PA      | $1236695.32   | 0.02%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MMS20<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     63361 | PA      | $61333.09     | 0.00%             | 2030-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA LTD                                                            | Rio Tinto Finance USA Ltd                                                                 | CUSIP: 767201AT3<br>LEI: 213800RX94ZKEZXPKH58 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $147145.00    | 0.00%             | 2051-11-02      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO                                                              | Consumers Energy Co                                                                       | CUSIP: 210518DU7<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |    125000 | PA      | $121773.75    | 0.00%             | 2033-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Energy Co                                                     | Berkshire Hathaway Energy Co                                                              | CUSIP: 084659BC4<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |    250000 | PA      | $147992.50    | 0.00%             | 2051-05-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CMA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12700000 | PA      | $12800211.00  | 0.24%             | 2029-11-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| International Bank for Reconstruction & Development                              | International Bank for Reconstruction & Development                                       | CUSIP: 459058JR5<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    750000 | PA      | $642532.50    | 0.01%             | 2031-02-10      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                                                      | Nutrien Ltd                                                                               | CUSIP: 67077MAG3<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $96675.00     | 0.00%             | 2040-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| BHP BILLITON FIN USA LTD                                                         | BHP Billiton Finance USA Ltd                                                              | CUSIP: 055451BE7<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $252315.00    | 0.00%             | 2033-09-08      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                               | CUSIP: 13648TAF4<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |     75000 | PA      | $63857.25     | 0.00%             | 2048-05-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YMP6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    139950 | PA      | $144642.94    | 0.00%             | 2053-12-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QBVQ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    316511 | PA      | $284306.63    | 0.01%             | 2048-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GLAXOSMITHKLINE CAPITAL                                                          | GLAXOSMITHKLINE CAPITAL                                                                   | CUSIP: 377372AQ0<br>LEI: 5493007Q8VD7Q3ZYZS59 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147229.50    | 0.00%             | 2035-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GWZ3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    625000 | PA      | $618825.00    | 0.01%             | 2029-05-01      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810SF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8500000 | PA      | $6123320.36   | 0.12%             | 2049-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128ME4V0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     32328 | PA      | $31665.41     | 0.00%             | 2030-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER CO                                                                 | Alabama Power Co                                                                          | CUSIP: 010392GB8<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     75000 | PA      | $78975.75     | 0.00%             | 2033-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132A5DK8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    546945 | PA      | $481076.33    | 0.01%             | 2045-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3142GQYN6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    622162 | PA      | $642254.38    | 0.01%             | 2054-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange Inc                                                    | Intercontinental Exchange Inc                                                             | CUSIP: 45866FAQ7<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    250000 | PA      | $148065.00    | 0.00%             | 2060-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ConocoPhillips                                                                   | ConocoPhillips                                                                            | CUSIP: 20825CAQ7<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | DBT              | CORP              | US        |    300000 | PA      | $326634.00    | 0.01%             | 2039-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Leggett & Platt Inc                                                              | Leggett & Platt Inc                                                                       | CUSIP: 524660AY3<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96412.00     | 0.00%             | 2027-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214ER0<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $242297.50    | 0.00%             | 2026-06-03      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                                        | CUSIP: 907818ER5<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71958.00     | 0.00%             | 2067-09-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWA52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5748608 | PA      | $4508218.30   | 0.08%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                                         | Devon Energy Corp                                                                         | CUSIP: 25179MAN3<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80750.00     | 0.00%             | 2042-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                                 | CUSIP: 911312AR7<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |     75000 | PA      | $56938.50     | 0.00%             | 2042-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| LOEWS CORP                                                                       | Loews Corp                                                                                | CUSIP: 540424AT5<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93648.00     | 0.00%             | 2030-05-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U2M4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $879530.00    | 0.02%             | 2051-04-04      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                                   | CUSIP: 3130AWGR5<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   1000000 | PA      | $1001930.00   | 0.02%             | 2026-06-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CUMMINS INC                                                                      | Cummins Inc                                                                               | CUSIP: 231021AX4<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141403.50    | 0.00%             | 2054-02-20      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| BARRICK MINING CORP                                                              | Barrick Mining Corp                                                                       | CUSIP: 067901AH1<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | DBT              | CORP              | CA        |     75000 | PA      | $70102.50     | 0.00%             | 2042-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36296Q2L2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    845379 | PA      | $854636.68    | 0.02%             | 2039-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                                        | CUSIP: 74456QCD6<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    150000 | PA      | $90175.50     | 0.00%             | 2050-05-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YYV0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    796262 | PA      | $772960.64    | 0.01%             | 2054-06-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                                   | CUSIP: 55336VAP5<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78395.00     | 0.00%             | 2058-04-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138A8YG5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     69141 | PA      | $68052.43     | 0.00%             | 2041-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748BY7<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200888.00    | 0.00%             | 2027-11-08      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XBT2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1390259 | PA      | $1283096.94   | 0.02%             | 2052-07-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Regeneron Pharmaceuticals Inc                                                    | Regeneron Pharmaceuticals Inc                                                             | CUSIP: 75886FAE7<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | DBT              | CORP              | US        |    250000 | PA      | $214287.50    | 0.00%             | 2030-09-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| INTL FINANCE CORP                                                                | International Finance Corp                                                                | CUSIP: 45950KDD9<br>LEI: QKL54NQY28TCDAI75F60 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $508615.00    | 0.01%             | 2028-07-13      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RJY9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    550000 | PA      | $492547.00    | 0.01%             | 2031-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YFU4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    550000 | PA      | $546694.50    | 0.01%             | 2030-10-18      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF SASKATCHEWAN                                                         | Province of Saskatchewan Canada                                                           | CUSIP: 803854KW7<br>LEI: 549300FKDIB7OJMBSP83 | Long             | DBT              | NUSS              | CA        |    200000 | PA      | $203972.00    | 0.00%             | 2030-01-28      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| HALLIBURTON CO                                                                   | Halliburton Co                                                                            | CUSIP: 406216BL4<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |    200000 | PA      | $183758.00    | 0.00%             | 2030-03-01      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810RZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6300000 | PA      | $4378992.22   | 0.08%             | 2047-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CHEVRON CORP                                                                     | Chevron Corp                                                                              | CUSIP: 166764BY5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $226135.00    | 0.00%             | 2030-05-11      | Fixed         | 2.24%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738EAJ4<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $187756.00    | 0.00%             | 2045-08-17      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Dollar Tree Inc                                                                  | Dollar Tree Inc                                                                           | CUSIP: 256746AH1<br>LEI: 549300PMSTQITB1WHR43 | Long             | DBT              | CORP              | US        |    250000 | PA      | $245977.50    | 0.00%             | 2028-05-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XBZ2<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    150000 | PA      | $154186.50    | 0.00%             | 2033-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                                                   | Salesforce Inc                                                                            | CUSIP: 79466LAM6<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |    200000 | PA      | $118126.00    | 0.00%             | 2061-07-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Southwestern Public Service Co                                                   | Southwestern Public Service Co                                                            | CUSIP: 845743BQ5<br>LEI: OL6FE7QD5EQ3DOYEO258 | Long             | DBT              | CORP              | US        |     75000 | PA      | $50859.75     | 0.00%             | 2046-08-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc                                                        | Rogers Communications Inc                                                                 | CUSIP: 775109AX9<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $82360.00     | 0.00%             | 2043-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MFH2<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    200000 | PA      | $164780.00    | 0.00%             | 2048-09-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio Electric & Gas Systems Revenue                                        | CUSIP: 796253T93<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |    190000 | PA      | $197574.92    | 0.00%             | 2039-02-01      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                               | Meta Platforms Inc                                                                        | CUSIP: 30303M8V7<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    600000 | PA      | $570900.00    | 0.01%             | 2054-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DZ39<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    386514 | PA      | $358075.78    | 0.01%             | 2036-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804GH1<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148443.00    | 0.00%             | 2027-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202EXS3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     15456 | PA      | $15536.60     | 0.00%             | 2038-11-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                          | CUSIP: 22822VAY7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    150000 | PA      | $128848.50    | 0.00%             | 2031-07-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                                                             | Keurig Dr Pepper Inc                                                                      | CUSIP: 26138EAU3<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97582.00     | 0.00%             | 2026-09-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds                                       | Philippines Government International Bonds                                                | CUSIP: 718286DG9<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    200000 | PA      | $206202.00    | 0.00%             | 2035-02-04      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Shell International Finance BV                                                   | Shell International Finance BV                                                            | CUSIP: 822582BT8<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $296241.00    | 0.01%             | 2026-05-10      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                                                            | PACCAR Financial Corp                                                                     | CUSIP: 69371RR65<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96382.00     | 0.00%             | 2027-02-04      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 3620A9PM7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    348170 | PA      | $351734.24    | 0.01%             | 2039-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                               | CUSIP: 797440BZ6<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |    200000 | PA      | $171972.00    | 0.00%             | 2030-10-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV7J8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3872210 | PA      | $3042998.74   | 0.06%             | 2050-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UNIV SOUTHERN CALIFORNIA                                                         | University of Southern California                                                         | CUSIP: 914886AH9<br>LEI: 0GMCSQ6M60R4T46U5511 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90066.00     | 0.00%             | 2053-10-01      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 912828YX2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4300000 | PA      | $4154203.13   | 0.08%             | 2026-12-31      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ERTM2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     70607 | PA      | $68101.76     | 0.00%             | 2045-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                                                    | J M Smucker Co/The                                                                        | CUSIP: 832696AS7<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90132.00     | 0.00%             | 2030-03-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140CC2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    200000 | PA      | $156936.00    | 0.00%             | 2062-08-05      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122DE5<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    300000 | PA      | $297936.00    | 0.01%             | 2028-02-20      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                              | CUSIP: 29250NBA2<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $72480.00     | 0.00%             | 2049-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138W15X1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    337626 | PA      | $312391.77    | 0.01%             | 2043-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NAM3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $107854.00    | 0.00%             | 2037-03-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| EASTERN ENERGY GAS                                                               | Eastern Energy Gas Holdings LLC                                                           | CUSIP: 27636AAC6<br>LEI: 549300BFOD6TDMVV4O24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100266.00    | 0.00%             | 2055-01-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448EP9<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    150000 | PA      | $96112.50     | 0.00%             | 2049-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                                | CUSIP: 500630EG9<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $201590.00    | 0.00%             | 2028-02-03      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 89115A2U5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $206052.00    | 0.00%             | 2028-07-17      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| Nasdaq Inc                                                                       | Nasdaq Inc                                                                                | CUSIP: 631103AG3<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149176.50    | 0.00%             | 2026-06-30      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJUN8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    172337 | PA      | $163255.82    | 0.00%             | 2044-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DY30<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1247900 | PA      | $1129033.96   | 0.02%             | 2036-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                              | CUSIP: 883556CV2<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100635.00    | 0.00%             | 2026-08-10      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                                   | CUSIP: 455780DG8<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $123066.00    | 0.00%             | 2061-09-23      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                                    | CUSIP: 045167ER0<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    400000 | PA      | $364384.00    | 0.01%             | 2030-01-24      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| ROCKWELL AUTOMATION                                                              | Rockwell Automation Inc                                                                   | CUSIP: 773903AJ8<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80274.00     | 0.00%             | 2049-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINL HLDGS LTD                                                           | Fairfax Financial Holdings Ltd                                                            | CUSIP: 303901BN1<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $102891.00    | 0.00%             | 2033-12-07      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ADU6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195334.00    | 0.00%             | 2055-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HARTFORD HEALTHCARE CORP                                                         | Hartford HealthCare Corp                                                                  | CUSIP: 41652PAC3<br>LEI: 549300W3L482NUDOFF24 | Long             | DBT              | CORP              | US        |     75000 | PA      | $50976.75     | 0.00%             | 2054-07-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Grupo Televisa SAB                                                               | Grupo Televisa SAB                                                                        | CUSIP: 40049JBC0<br>LEI: 549300O4AF0C816ILN62 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $155252.00    | 0.00%             | 2046-01-31      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UD82<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    649359 | PA      | $587384.51    | 0.01%             | 2048-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HORMEL FOODS CORP                                                                | Hormel Foods Corp                                                                         | CUSIP: 440452AJ9<br>LEI: MSD54751OJP1FS2ND863 | Long             | DBT              | CORP              | US        |    150000 | PA      | $95482.50     | 0.00%             | 2051-06-03      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D7K2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    936634 | PA      | $847337.94    | 0.02%             | 2036-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL                                                           | Mondelez International Inc                                                                | CUSIP: 609207BC8<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101216.00    | 0.00%             | 2029-02-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | State of California                                                                       | CUSIP: 13063DRD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $170913.05    | 0.00%             | 2026-10-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 31329QHG9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    293337 | PA      | $281796.20    | 0.01%             | 2049-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                         | CUSIP: 24703DBF7<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $109002.00    | 0.00%             | 2041-12-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| LYB International Finance II BV                                                  | LYB International Finance II BV                                                           | CUSIP: 50247WAB3<br>LEI: 549300ZSNDBYN4Z4VZ93 | Long             | DBT              | CORP              | NL        |    150000 | PA      | $147129.00    | 0.00%             | 2027-03-02      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YEC5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    550000 | PA      | $530843.50    | 0.01%             | 2027-07-20      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822CK8<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    300000 | PA      | $299994.00    | 0.01%             | 2033-07-20      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EXD7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    188266 | PA      | $190301.72    | 0.00%             | 2043-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                                                      | Nutrien Ltd                                                                               | CUSIP: 67077MAF5<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     50000 | PA      | $50864.00     | 0.00%             | 2036-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816DU0<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    250000 | PA      | $258430.00    | 0.00%             | 2030-04-25      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| Republic of Korea                                                                | Korea International Bond                                                                  | CUSIP: 50064FAL8<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $170822.00    | 0.00%             | 2044-06-10      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC                                                                    | AEP Texas Inc                                                                             | CUSIP: 00108WAS9<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102422.00    | 0.00%             | 2029-05-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CBZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12000000 | PA      | $11145468.72  | 0.21%             | 2028-04-30      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NCJ8<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    250000 | PA      | $211850.00    | 0.00%             | 2038-03-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                           | CUSIP: 500769JG0<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    400000 | PA      | $337916.00    | 0.01%             | 2030-09-30      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Kennametal Inc                                                                   | Kennametal Inc                                                                            | CUSIP: 489170AE0<br>LEI: 549300GZDSG25XUV0Y08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99469.00     | 0.00%             | 2028-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CAS3<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147243.00    | 0.00%             | 2026-12-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| OTIS WORLDWIDE CORP                                                              | Otis Worldwide Corp                                                                       | CUSIP: 68902VAL1<br>LEI: 549300ZLBKR8VSU25153 | Long             | DBT              | CORP              | US        |    175000 | PA      | $131022.50    | 0.00%             | 2040-02-15      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                                 | CUSIP: 674599EF8<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203926.00    | 0.00%             | 2031-01-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| LEAR CORP                                                                        | Lear Corp                                                                                 | CUSIP: 521865BD6<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |    100000 | PA      | $61896.00     | 0.00%             | 2052-01-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| MOTOROLA SOLUTIONS INC                                                           | Motorola Solutions Inc                                                                    | CUSIP: 620076BU2<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |    150000 | PA      | $132997.50    | 0.00%             | 2031-05-24      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                                     | CUSIP: 882508BL7<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86112.00     | 0.00%             | 2031-09-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                                   | CUSIP: 55336VBV1<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    250000 | PA      | $242760.00    | 0.00%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                                       | CUSIP: 015271BD0<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |    100000 | PA      | $90240.00     | 0.00%             | 2054-05-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Colgate-Palmolive Co                                                             | Colgate-Palmolive Co                                                                      | CUSIP: 19416QEJ5<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81671.00     | 0.00%             | 2045-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY FLORIDA LLC                                                          | Duke Energy Florida LLC                                                                   | CUSIP: 26444HAQ4<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104988.00    | 0.00%             | 2033-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                                              | Fifth Third Bancorp                                                                       | CUSIP: 316773DG2<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199426.00    | 0.00%             | 2030-07-28      | Fixed         | 4.77%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YFR1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    575000 | PA      | $593204.50    | 0.01%             | 2035-04-19      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| Hartford Financial Services Group Inc/The                                        | Hartford Insurance Group Inc/The                                                          | CUSIP: 416515BD5<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82112.00     | 0.00%             | 2048-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46625HJM3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247232.50    | 0.00%             | 2043-08-16      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                                       | CUSIP: 45906M3D1<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    750000 | PA      | $673980.00    | 0.01%             | 2032-03-29      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                                                          | National Bank of Canada                                                                   | CUSIP: 63307A2X2<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $258347.50    | 0.00%             | 2028-12-18      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PER3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    600000 | PA      | $582960.00    | 0.01%             | 2035-10-22      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YEY7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    550000 | PA      | $588665.00    | 0.01%             | 2033-10-18      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| PARTNERRE FINANCE B LLC                                                          | PartnerRe Finance B LLC                                                                   | CUSIP: 70213BAC5<br>LEI: 549300O0FAGHK2F79881 | Long             | DBT              | CORP              | US        |     75000 | PA      | $69587.25     | 0.00%             | 2050-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                                    | Boeing Co/The                                                                             | CUSIP: 097023CE3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     50000 | PA      | $37694.00     | 0.00%             | 2039-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                         | CUSIP: 20826FBN5<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138478.50    | 0.00%             | 2065-01-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Reynolds American Inc                                                            | Reynolds American Inc                                                                     | CUSIP: 761713AZ9<br>LEI: 02S2RPPVO9RP4NEU2740 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99058.00     | 0.00%             | 2043-09-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                                                                   | Starbucks Corp                                                                            | CUSIP: 855244AH2<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |     75000 | PA      | $59098.50     | 0.00%             | 2045-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Kimberly-Clark Corp                                                              | Kimberly-Clark Corp                                                                       | CUSIP: 494368BZ5<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96413.00     | 0.00%             | 2029-04-25      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| DENTSPLY SIRONA INC                                                              | DENTSPLY SIRONA Inc                                                                       | CUSIP: 24906PAA7<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | DBT              | CORP              | US        |    150000 | PA      | $135397.50    | 0.00%             | 2030-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FORTUNE BRANDS INNOVATIO                                                         | Fortune Brands Innovations Inc                                                            | CUSIP: 34964CAH9<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102772.00    | 0.00%             | 2033-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| EQUIFAX INC                                                                      | Equifax Inc                                                                               | CUSIP: 294429AX3<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149793.00    | 0.00%             | 2029-09-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 3618N5GP8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    971552 | PA      | $965400.10    | 0.02%             | 2055-02-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                                                   | Fannie Mae-Aces                                                                           | CUSIP: 3136AT5C4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    691934 | PA      | $676570.42    | 0.01%             | 2026-07-25      | Variable      | 2.37%                 | No            |                  2 | On Loan: No      |
| Tyson Foods Inc                                                                  | Tyson Foods Inc                                                                           | CUSIP: 902494BD4<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81232.00     | 0.00%             | 2047-06-02      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Lam Research Corp                                                                | Lam Research Corp                                                                         | CUSIP: 512807AT5<br>LEI: 549300I4GMO6D34U1T02 | Long             | DBT              | CORP              | US        |    150000 | PA      | $133120.50    | 0.00%             | 2049-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Southern California Edison Co                                                    | Southern California Edison Co                                                             | CUSIP: 842400FP3<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91466.00     | 0.00%             | 2040-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                                                              | Synchrony Financial                                                                       | CUSIP: 87165BAM5<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194580.00    | 0.00%             | 2027-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Hartford Insurance Group Inc/The                                                 | Hartford Insurance Group Inc/The                                                          | CUSIP: 416518AD0<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |    150000 | PA      | $91728.00     | 0.00%             | 2051-09-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ERY79<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    202541 | PA      | $187546.20    | 0.00%             | 2044-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X5BW2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    160988 | PA      | $156513.32    | 0.00%             | 2033-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                           | CUSIP: 4581X0EN4<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    750000 | PA      | $754380.00    | 0.01%             | 2029-02-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| MEAD JOHNSON NUTRITION C                                                         | Mead Johnson Nutrition Co                                                                 | CUSIP: 582839AF3<br>LEI: E4BJRFT3MF4GJDY1SC50 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154762.50    | 0.00%             | 2039-11-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| TRANE TECH FIN LTD                                                               | Trane Technologies Financing Ltd                                                          | CUSIP: 892938AB7<br>LEI: 549300A5OEF3CJI2CO89 | Long             | DBT              | CORP              | IE        |    100000 | PA      | $100027.00    | 0.00%             | 2034-06-13      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ERHV5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     51092 | PA      | $50483.76     | 0.00%             | 2044-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477CL5<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    250000 | PA      | $253100.00    | 0.00%             | 2027-03-18      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| LAM RESEARCH CORP                                                                | Lam Research Corp                                                                         | CUSIP: 512807AV0<br>LEI: 549300I4GMO6D34U1T02 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176416.00    | 0.00%             | 2030-06-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138X9TJ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     77242 | PA      | $71469.25     | 0.00%             | 2043-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TEXAS HEALTH RESOURCES                                                           | Texas Health Resources                                                                    | CUSIP: 882484AC2<br>LEI: 54930008C10TUBW7Z611 | Long             | DBT              | CORP              | US        |    200000 | PA      | $108924.00    | 0.00%             | 2050-11-15      | Fixed         | 2.33%                 | No            |                  2 | On Loan: No      |
| Masco Corp                                                                       | Masco Corp                                                                                | CUSIP: 574599BM7<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79279.00     | 0.00%             | 2047-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Lincoln National Corp                                                            | Lincoln National Corp                                                                     | CUSIP: 534187BA6<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |    100000 | PA      | $109420.00    | 0.00%             | 2040-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SLR6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    752852 | PA      | $665285.10    | 0.01%             | 2046-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | Moody's Corp                                                                              | CUSIP: 615369AM7<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97591.00     | 0.00%             | 2028-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687FB7<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87428.00     | 0.00%             | 2046-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CXP4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    248842 | PA      | $238968.41    | 0.00%             | 2048-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                               | CUSIP: 68389XAM7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    400000 | PA      | $379168.00    | 0.01%             | 2040-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833EF3<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    575000 | PA      | $348950.25    | 0.01%             | 2051-02-08      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                            | CUSIP: 61746BEF9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    550000 | PA      | $543570.50    | 0.01%             | 2027-01-20      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138A8EL6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11791 | PA      | $11710.86     | 0.00%             | 2026-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                                          | Duke Energy Florida LLC                                                                   | CUSIP: 26444HAE1<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147720.00    | 0.00%             | 2028-07-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| EXPORT DEVELOPMNT CANADA                                                         | Export Development Canada                                                                 | CUSIP: 30216BKB7<br>LEI: Z6MHCSLXHKYG4B6PHW02 | Long             | DBT              | NUSS              | CA        |    300000 | PA      | $300729.00    | 0.01%             | 2026-06-29      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175BX1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $164816.00    | 0.00%             | 2032-02-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CDF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10100000 | PA      | $9296734.38   | 0.17%             | 2028-10-31      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PEE2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    500000 | PA      | $509330.00    | 0.01%             | 2028-04-22      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                                                           | Asian Development Bank                                                                    | CUSIP: 045167DU4<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $489350.00    | 0.01%             | 2027-01-12      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VBZ5<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $105142.50    | 0.00%             | 2060-01-31      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts                                                             | CUSIP: 57582PUE8<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100037.50    | 0.00%             | 2039-12-01      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC                                                         | Constellation Energy Generation LLC                                                       | CUSIP: 210385AB6<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154725.00    | 0.00%             | 2028-03-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| WORKDAY INC                                                                      | Workday Inc                                                                               | CUSIP: 98138HAG6<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196668.00    | 0.00%             | 2027-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| OEKB OEST. KONTROLLBANK                                                          | Oesterreichische Kontrollbank AG                                                          | CUSIP: 676167CM9<br>LEI: 5299000OVRLMF858L016 | Long             | DBT              | CORP              | AT        |    500000 | PA      | $506820.00    | 0.01%             | 2027-05-21      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TEXTRON INC                                                                      | Textron Inc                                                                               | CUSIP: 883203CD1<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | DBT              | CORP              | US        |     75000 | PA      | $78504.75     | 0.00%             | 2033-11-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                                                           | Morgan Stanley Bank NA                                                                    | CUSIP: 61690DK72<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |    400000 | PA      | $404024.00    | 0.01%             | 2029-01-12      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YFK6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    400000 | PA      | $406420.00    | 0.01%             | 2030-01-16      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| FHLMC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES                           | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137F4D33<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     14721 | PA      | $14637.91     | 0.00%             | 2027-09-25      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200KV2<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    150000 | PA      | $129885.00    | 0.00%             | 2052-07-27      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Time Warner Entertainment Co LP                                                  | Time Warner Cable Enterprises LLC                                                         | CUSIP: 88731EAJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $229852.00    | 0.00%             | 2033-07-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| AEP Texas Inc                                                                    | AEP Texas Inc                                                                             | CUSIP: 00108WAJ9<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |    100000 | PA      | $73334.00     | 0.00%             | 2049-05-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                                                         | Baxter International Inc                                                                  | CUSIP: 071813CB3<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    150000 | PA      | $126285.00    | 0.00%             | 2031-04-01      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810RJ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4553600 | PA      | $3432631.77   | 0.06%             | 2044-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TKJ3<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200970.00    | 0.00%             | 2027-09-20      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GA87<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    500000 | PA      | $517105.00    | 0.01%             | 2030-04-25      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| KELLANOVA                                                                        | Kellanova                                                                                 | CUSIP: 487836BZ0<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75788.25     | 0.00%             | 2033-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AEP TRANSMISSION CO LLC                                                          | AEP Transmission Co LLC                                                                   | CUSIP: 00115AAK5<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71675.00     | 0.00%             | 2049-06-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| International Paper Co                                                           | International Paper Co                                                                    | CUSIP: 460146CF8<br>LEI: 824LMFJDH41EY779Q875 | Long             | DBT              | CORP              | US        |    100000 | PA      | $111849.00    | 0.00%             | 2039-11-15      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                          | CUSIP: 06368LWU6<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $207458.00    | 0.00%             | 2028-09-25      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| Affiliated Managers Group Inc                                                    | Affiliated Managers Group Inc                                                             | CUSIP: 008252AP3<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140017.50    | 0.00%             | 2030-06-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJTA8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    445497 | PA      | $399304.62    | 0.01%             | 2043-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                               | CUSIP: 13648TAH0<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $72193.00     | 0.00%             | 2069-11-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                                                         | CenterPoint Energy Houston Electric LLC                                                   | CUSIP: 15189XBB3<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99184.00     | 0.00%             | 2033-04-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                           | CUSIP: 126650CX6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    945000 | PA      | $934633.35    | 0.02%             | 2028-03-25      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417EFE6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     29071 | PA      | $26162.46     | 0.00%             | 2042-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                                        | CUSIP: 05964HAV7<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    400000 | PA      | $426908.00    | 0.01%             | 2033-08-08      | Fixed         | 6.92%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31307C5V6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     35081 | PA      | $34279.13     | 0.00%             | 2028-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ARCELORMITTAL SA                                                                 | ArcelorMittal SA                                                                          | CUSIP: 03938LBG8<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $103209.00    | 0.00%             | 2034-06-17      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Albemarle Corp                                                                   | Albemarle Corp                                                                            | CUSIP: 012725AD9<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |     50000 | PA      | $40729.00     | 0.00%             | 2044-12-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140JWNM8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     44808 | PA      | $44294.54     | 0.00%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YU93<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    200454 | PA      | $206011.10    | 0.00%             | 2054-04-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31416M3T9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     17351 | PA      | $17151.35     | 0.00%             | 2039-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MMVW0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    122498 | PA      | $115827.12    | 0.00%             | 2031-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                      | California State University                                                               | CUSIP: 13077DTS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $45124.90     | 0.00%             | 2053-11-01      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                                                         | Citizens Financial Group Inc                                                              | CUSIP: 174610BF1<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    250000 | PA      | $256597.50    | 0.00%             | 2030-01-23      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J84K6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     63141 | PA      | $63720.47     | 0.00%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                                            | Entergy Louisiana LLC                                                                     | CUSIP: 29364WBN7<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143505.00    | 0.00%             | 2054-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738ECX1<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $251505.00    | 0.00%             | 2029-02-25      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Everest Reinsurance Holdings Inc                                                 | Everest Reinsurance Holdings Inc                                                          | CUSIP: 299808AF2<br>LEI: 254900P29PM5UJR3VU91 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86688.00     | 0.00%             | 2044-06-01      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                                                     | AutoZone Inc                                                                              | CUSIP: 053332BB7<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147297.00    | 0.00%             | 2032-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                                   | Merck & Co Inc                                                                            | CUSIP: 58933YAT2<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    400000 | PA      | $308716.00    | 0.01%             | 2045-02-10      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Bunge Ltd Finance Corp                                                           | Bunge Ltd Finance Corp                                                                    | CUSIP: 120568AX8<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147745.50    | 0.00%             | 2026-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                                                                    | Owens Corning                                                                             | CUSIP: 690742AQ4<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |    125000 | PA      | $123076.25    | 0.00%             | 2054-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae                                                                                | CUSIP: 21H042661<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4000000 | PA      | $3774796.00   | 0.07%             | 2054-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CCC7<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101080.00    | 0.00%             | 2029-01-05      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138W9N97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     26007 | PA      | $24715.11     | 0.00%             | 2043-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL BDC                                                                | Golub Capital BDC Inc                                                                     | CUSIP: 38173MAD4<br>LEI: 2549005WE0QLGK9APF78 | Long             | DBT              | CORP              | US        |     75000 | PA      | $78442.50     | 0.00%             | 2028-12-05      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| LAM RESEARCH CORP                                                                | Lam Research Corp                                                                         | CUSIP: 512807AX6<br>LEI: 549300I4GMO6D34U1T02 | Long             | DBT              | CORP              | US        |     75000 | PA      | $44983.50     | 0.00%             | 2060-06-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822CY8<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $203452.00    | 0.00%             | 2029-04-19      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                                         | Duke Energy Progress LLC                                                                  | CUSIP: 26442UAQ7<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101756.00    | 0.00%             | 2033-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WGGZ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     28818 | PA      | $27100.11     | 0.00%             | 2046-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                                                                    | DTE Energy Co                                                                             | CUSIP: 233331BC0<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95161.00     | 0.00%             | 2029-06-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | State of Oregon                                                                           | CUSIP: 68607LXQ5<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    338820 | PA      | $346077.14    | 0.01%             | 2027-06-01      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FBP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1235790 | PA      | $1249114.71   | 0.02%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140CM0<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    200000 | PA      | $177926.00    | 0.00%             | 2054-02-21      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                                  | CUSIP: 471048CQ9<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    250000 | PA      | $232432.50    | 0.00%             | 2029-02-16      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280EE5<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $204144.00    | 0.00%             | 2035-03-04      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                               | VICI Properties LP                                                                        | CUSIP: 925650AC7<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |    200000 | PA      | $198748.00    | 0.00%             | 2030-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| FLOWERS FOODS INC                                                                | Flowers Foods Inc                                                                         | CUSIP: 343498AC5<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86131.00     | 0.00%             | 2031-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| JAPAN INT'L COOP AGENCY                                                          | Japan International Cooperation Agency                                                    | CUSIP: 47109LAG9<br>LEI: 254900XEIG78M2AJB031 | Long             | DBT              | NUSS              | JP        |    250000 | PA      | $248922.50    | 0.00%             | 2028-05-23      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southern California Edison Co                                                    | Southern California Edison Co                                                             | CUSIP: 842400ES8<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151813.50    | 0.00%             | 2034-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CINTAS CORPORATION NO. 2                                                         | Cintas Corp No 2                                                                          | CUSIP: 17252MAQ3<br>LEI: 549300QVUQTTKMTE0G41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143463.00    | 0.00%             | 2032-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138W1GE1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     96943 | PA      | $87245.17     | 0.00%             | 2043-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Appalachian Power Co                                                             | Appalachian Power Co                                                                      | CUSIP: 037735CM7<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |    100000 | PA      | $109687.00    | 0.00%             | 2038-04-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216CY4<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    200000 | PA      | $115524.00    | 0.00%             | 2060-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QFS34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1693503 | PA      | $1400419.42   | 0.03%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                               | CUSIP: 797440BY9<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65273.00     | 0.00%             | 2050-04-15      | Fixed         | 3.32%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CNE0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    310262 | PA      | $289825.90    | 0.01%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967LW9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    300000 | PA      | $295365.00    | 0.01%             | 2029-04-23      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                             | CUSIP: 097023CY9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    800000 | PA      | $807520.00    | 0.02%             | 2030-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                         | CUSIP: 30040WAV0<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150195.00    | 0.00%             | 2026-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ENTERGY ARKANSAS LLC                                                             | Entergy Arkansas LLC                                                                      | CUSIP: 29366MAA6<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |    150000 | PA      | $116547.00    | 0.00%             | 2049-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                             | CUSIP: 501044DF5<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    100000 | PA      | $73804.00     | 0.00%             | 2046-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076BW1<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99185.00     | 0.00%             | 2028-12-06      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| NETAPP INC                                                                       | NetApp Inc                                                                                | CUSIP: 64110DAN4<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100600.00    | 0.00%             | 2035-03-17      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                                       | CUSIP: 459058KL6<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    700000 | PA      | $690543.00    | 0.01%             | 2029-09-21      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| SMITH & NEPHEW PLC                                                               | Smith & Nephew PLC                                                                        | CUSIP: 83192PAD0<br>LEI: 213800ZTMDN8S67S1H61 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $149602.50    | 0.00%             | 2034-03-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline LP / PAA Finance Corp                               | Plains All American Pipeline LP / PAA Finance Corp                                        | CUSIP: 72650RBM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $141945.00    | 0.00%             | 2029-12-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DLL4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     82350 | PA      | $76739.99     | 0.00%             | 2035-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                                                | Cisco Systems Inc                                                                         | CUSIP: 17275RBY7<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202968.00    | 0.00%             | 2032-02-24      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                                                            | American Homes 4 Rent LP                                                                  | CUSIP: 02666TAE7<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |    150000 | PA      | $136338.00    | 0.00%             | 2032-04-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                             | CUSIP: 501044DL2<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200730.00    | 0.00%             | 2029-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6AU4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    823470 | PA      | $744791.50    | 0.01%             | 2036-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                                   | CUSIP: 3130B0X87<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   1500000 | PA      | $1520010.00   | 0.03%             | 2034-03-10      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TRANE TECH GLOB HOLD                                                             | Trane Technologies Global Holding Co Ltd                                                  | CUSIP: 45687AAP7<br>LEI: 549300UCF0D858BIOV83 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98161.00     | 0.00%             | 2028-08-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV6U4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3099729 | PA      | $2553305.79   | 0.05%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406RBH9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    200000 | PA      | $191326.00    | 0.00%             | 2033-06-13      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL BDC                                                                | Golub Capital BDC Inc                                                                     | CUSIP: 38173MAB8<br>LEI: 2549005WE0QLGK9APF78 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193800.00    | 0.00%             | 2026-08-24      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MASTEC INC                                                                       | MasTec Inc                                                                                | CUSIP: 576323AT6<br>LEI: 549300TMDIT8WREDOF45 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102853.00    | 0.00%             | 2029-06-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YFB6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    400000 | PA      | $403796.00    | 0.01%             | 2038-01-19      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| PRES & FELLOWS OF HARVAR                                                         | President and Fellows of Harvard College                                                  | CUSIP: 740816AQ6<br>LEI: 6S3X7J22E861RNTJSA74 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74065.00     | 0.00%             | 2052-11-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738ECD5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $264570.00    | 0.00%             | 2028-11-02      | Fixed         | 7.39%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172CS6<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $129316.50    | 0.00%             | 2030-11-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31410KGP3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     51079 | PA      | $53222.56     | 0.00%             | 2037-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RAILWAY                                                            | Canadian National Railway Co                                                              | CUSIP: 136375BN1<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $160804.50    | 0.00%             | 2036-06-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                     | Centene Corp                                                                              | CUSIP: 15135BAY7<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    400000 | PA      | $368732.00    | 0.01%             | 2028-07-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                             | CUSIP: 097023CX1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    550000 | PA      | $510081.00    | 0.01%             | 2060-05-01      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| NORDSON CORP                                                                     | Nordson Corp                                                                              | CUSIP: 655663AC6<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148356.00    | 0.00%             | 2029-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XBM2<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |    200000 | PA      | $179702.00    | 0.00%             | 2030-04-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Equinor ASA                                                                      | Equinor ASA                                                                               | CUSIP: 656531AM2<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |    200000 | PA      | $213332.00    | 0.00%             | 2027-09-23      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ADVOCATE HEALTH CORP                                                             | Advocate Health & Hospitals Corp                                                          | CUSIP: 007589AC8<br>LEI: 549300AEHU3PPOUCIL87 | Long             | DBT              | CORP              | US        |    100000 | PA      | $69168.00     | 0.00%             | 2049-10-15      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280DL0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $209164.00    | 0.00%             | 2036-05-02      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                               | CUSIP: 797440CE2<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101768.00    | 0.00%             | 2028-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev Worldwide Inc                                               | Anheuser-Busch InBev Worldwide Inc                                                        | CUSIP: 035240AM2<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    150000 | PA      | $136372.50    | 0.00%             | 2038-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Dominion Energy South Carolina Inc                                               | Dominion Energy South Carolina Inc                                                        | CUSIP: 837004CB4<br>LEI: 3QRVFYR22IUIEOORTK28 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104397.00    | 0.00%             | 2038-01-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                          | CUSIP: 06368LNT9<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $151212.00    | 0.00%             | 2026-06-05      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DSL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     46976 | PA      | $41654.72     | 0.00%             | 2035-09-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| AUTONATION INC                                                                   | AutoNation Inc                                                                            | CUSIP: 05329WAT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $99481.00     | 0.00%             | 2035-03-15      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                                                             | Kraft Heinz Foods Co                                                                      | CUSIP: 50077LBJ4<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    200000 | PA      | $182296.00    | 0.00%             | 2050-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                                   | CUSIP: 0641594B9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $129135.00    | 0.00%             | 2031-08-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400JC8<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100684.00    | 0.00%             | 2029-06-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822CG7<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $190550.00    | 0.00%             | 2033-04-19      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| Lazard Group LLC                                                                 | Lazard Group LLC                                                                          | CUSIP: 52107QAK1<br>LEI: FI94J2CJ1D7BIGVMS874 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146932.50    | 0.00%             | 2029-03-11      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                              | CUSIP: 25160PAQ0<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    150000 | PA      | $151705.50    | 0.00%             | 2029-01-10      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312933TT1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     19327 | PA      | $19483.63     | 0.00%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TLD5<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203120.00    | 0.00%             | 2026-11-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                         | CUSIP: 639057AH1<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $208470.00    | 0.00%             | 2034-03-02      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DQT22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1252437 | PA      | $1216938.86   | 0.02%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X7CU1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    201901 | PA      | $188070.52    | 0.00%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | Louisiana Local Government Environmental Facilities & Community Development Authority     | CUSIP: 54627RAM2<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    250000 | PA      | $245857.59    | 0.00%             | 2033-02-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| KENVUE INC                                                                       | Kenvue Inc                                                                                | CUSIP: 49177JAR3<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |    200000 | PA      | $181676.00    | 0.00%             | 2063-03-22      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ANCX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    117102 | PA      | $112950.23    | 0.00%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VGL2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    250000 | PA      | $173537.50    | 0.00%             | 2041-09-03      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810RH3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5288200 | PA      | $4083068.82   | 0.08%             | 2044-08-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORP                                                                | Hyatt Hotels Corp                                                                         | CUSIP: 448579AS1<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98275.00     | 0.00%             | 2034-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| O'Reilly Automotive Inc                                                          | O'Reilly Automotive Inc                                                                   | CUSIP: 67103HAG2<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99827.00     | 0.00%             | 2028-06-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ATN63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    191628 | PA      | $188616.66    | 0.00%             | 2041-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                                   | CUSIP: 55336VBX7<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    325000 | PA      | $320976.50    | 0.01%             | 2034-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORPORATION                                                             | M&T Bank Corp                                                                             | CUSIP: 55261FAV6<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195068.00    | 0.00%             | 2036-01-16      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EAB6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    978349 | PA      | $826581.85    | 0.02%             | 2041-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397B93<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $179222.00    | 0.00%             | 2029-02-10      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Suncor Energy Inc                                                                | Suncor Energy Inc                                                                         | CUSIP: 71644EAJ1<br>LEI: 549300W70ZOQDVLCHY06 | Long             | DBT              | CORP              | CA        |     96000 | PA      | $100884.48    | 0.00%             | 2038-05-15      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC                                                             | Freeport-McMoRan Inc                                                                      | CUSIP: 35671DCE3<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98386.00     | 0.00%             | 2028-03-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                              | CUSIP: 251526CS6<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    300000 | PA      | $313215.00    | 0.01%             | 2029-01-18      | Fixed         | 6.72%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                             | CUSIP: 097023AU9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77973.75     | 0.00%             | 2033-02-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                                    | Boeing Co/The                                                                             | CUSIP: 097023CQ6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    250000 | PA      | $171665.00    | 0.00%             | 2050-02-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D3Y6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3479254 | PA      | $2851354.39   | 0.05%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418ELY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    802566 | PA      | $798899.66    | 0.02%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JERSEY CENTRAL PWR & LT                                                          | Jersey Central Power & Light Co                                                           | CUSIP: 476556DF9<br>LEI: 549300W9UGH9ZPLNPF79 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147096.00    | 0.00%             | 2035-01-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS CO                                                                | General Motors Co                                                                         | CUSIP: 37045VAY6<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201570.00    | 0.00%             | 2029-10-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36209FDN6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     52523 | PA      | $49328.61     | 0.00%             | 2041-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REINSURANCE GRP OF AMER                                                          | Reinsurance Group of America Inc                                                          | CUSIP: 759351AS8<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101300.00    | 0.00%             | 2034-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Hartford Financial Services Group Inc/The                                        | Hartford Insurance Group Inc/The                                                          | CUSIP: 416515AP9<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |     80000 | PA      | $81168.80     | 0.00%             | 2041-10-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236THX6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85235.00     | 0.00%             | 2031-01-10      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122DJ4<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90605.00     | 0.00%             | 2045-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3131Y3GG5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    466792 | PA      | $435196.59    | 0.01%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KLG35<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2388779 | PA      | $1881130.66   | 0.04%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CHEVRON CORP                                                                     | Chevron Corp                                                                              | CUSIP: 166764CA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $97969.50     | 0.00%             | 2050-05-11      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                                                          | Arthur J Gallagher & Co                                                                   | CUSIP: 04316JAP4<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |    300000 | PA      | $278853.00    | 0.01%             | 2055-02-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | Mastercard Inc                                                                            | CUSIP: 57636QBA1<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150183.00    | 0.00%             | 2028-01-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| UNILEVER CAPITAL CORP                                                            | Unilever Capital Corp                                                                     | CUSIP: 904764BH9<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137433.00    | 0.00%             | 2029-09-06      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UH54<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    515442 | PA      | $496419.70    | 0.01%             | 2048-12-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TEY7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     90905 | PA      | $80183.07     | 0.00%             | 2047-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp                                                               | Realty Income Corp                                                                        | CUSIP: 756109AT1<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    100000 | PA      | $83995.00     | 0.00%             | 2047-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 3620A7ZZ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    315712 | PA      | $309560.22    | 0.01%             | 2040-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EBD1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    432559 | PA      | $380485.30    | 0.01%             | 2037-02-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED                                                            | Vale Overseas Ltd                                                                         | CUSIP: 91911TAR4<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $411828.00    | 0.01%             | 2033-06-12      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VSJ0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    155869 | PA      | $140506.79    | 0.00%             | 2050-08-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 75513EAC5<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    200000 | PA      | $128394.00    | 0.00%             | 2050-07-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| CRH AMERICA FINANCE INC                                                          | CRH America Finance Inc                                                                   | CUSIP: 000000000<br>LEI: 549300WEVUODRJ4CWK56 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98397.00     | 0.00%             | 2055-01-09      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081GZ4<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147786.00    | 0.00%             | 2065-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D54K5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    147382 | PA      | $137396.90    | 0.00%             | 2035-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VTY6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    131450 | PA      | $118494.70    | 0.00%             | 2050-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                                                          | Kinder Morgan Energy Partners LP                                                          | CUSIP: 494550BD7<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103572.00    | 0.00%             | 2039-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 172967PG0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    500000 | PA      | $498510.00    | 0.01%             | 2035-02-13      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DY89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    345045 | PA      | $303870.18    | 0.01%             | 2041-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DZV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2763122 | PA      | $2156690.45   | 0.04%             | 2051-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132QWMN6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    428867 | PA      | $385844.63    | 0.01%             | 2046-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448EG9<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    150000 | PA      | $164239.50    | 0.00%             | 2029-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 17308CC53<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    400000 | PA      | $370232.00    | 0.01%             | 2030-11-05      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                                                              | Gilead Sciences Inc                                                                       | CUSIP: 375558BS1<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    200000 | PA      | $140114.00    | 0.00%             | 2040-10-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CBC7<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     50000 | PA      | $33973.50     | 0.00%             | 2051-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                                 | CUSIP: 037833DK3<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    300000 | PA      | $293082.00    | 0.01%             | 2027-11-13      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp                                | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 637432NX9<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83987.00     | 0.00%             | 2031-06-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORP                                                                | Hyatt Hotels Corp                                                                         | CUSIP: 448579AQ5<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101753.00    | 0.00%             | 2027-01-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844BM9<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    130000 | PA      | $103541.10    | 0.00%             | 2042-10-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| AMEREN CORP                                                                      | Ameren Corp                                                                               | CUSIP: 023608AK8<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46378.50     | 0.00%             | 2028-03-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CH Robinson Worldwide Inc                                                        | CH Robinson Worldwide Inc                                                                 | CUSIP: 12541WAA8<br>LEI: 529900WNWN5L0OVDHA79 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147637.50    | 0.00%             | 2028-04-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| FRANKLIN RESOURCES INC                                                           | Franklin Resources Inc                                                                    | CUSIP: 354613AL5<br>LEI: RIFQSET379FOGTEFKS80 | Long             | DBT              | CORP              | US        |    150000 | PA      | $127944.00    | 0.00%             | 2030-10-30      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QMP57<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1165721 | PA      | $1080436.66   | 0.02%             | 2036-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BDC INC                                                            | Goldman Sachs BDC Inc                                                                     | CUSIP: 38147UAE7<br>LEI: 6D01AGSGBNZIJSN77043 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76531.50     | 0.00%             | 2027-03-11      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC / Charter Communications Operating Capital  | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175BV5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375000 | PA      | $240877.50    | 0.00%             | 2051-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev Worldwide Inc                                               | Anheuser-Busch InBev Worldwide Inc                                                        | CUSIP: 035240AN0<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    150000 | PA      | $129885.00    | 0.00%             | 2048-04-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91087BAE0<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    600000 | PA      | $587022.00    | 0.01%             | 2028-01-11      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Atmos Energy Corp                                                                | Atmos Energy Corp                                                                         | CUSIP: 049560AQ8<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77728.00     | 0.00%             | 2049-03-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                                                              | Estee Lauder Cos Inc/The                                                                  | CUSIP: 29736RAJ9<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97970.00     | 0.00%             | 2027-03-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EUY3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141504.00    | 0.00%             | 2029-07-18      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                           | Canadian Imperial Bank of Commerce                                                        | CUSIP: 13607PHS6<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $199180.00    | 0.00%             | 2030-09-11      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Energy Transfer Operating LP                                                     | Energy Transfer Operating LP                                                              | CUSIP: 29279FAA7<br>LEI: 5493008K8W3OKZE54J59 | Long             | DBT              | CORP              | US        |    300000 | PA      | $286563.00    | 0.01%             | 2049-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev Worldwide Inc                                               | Anheuser-Busch InBev Worldwide Inc                                                        | CUSIP: 035240AP5<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    150000 | PA      | $127146.00    | 0.00%             | 2058-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE NA                                                                   | Capital One NA                                                                            | CUSIP: 25466AAP6<br>LEI: 207ALC1P1YM0OVDV0K75 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250207.50    | 0.00%             | 2028-09-13      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Energy Transfer Operating LP                                                     | Energy Transfer Operating LP                                                              | CUSIP: 29273RAR0<br>LEI: 5493008K8W3OKZE54J59 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150744.00    | 0.00%             | 2042-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738EBK0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $298695.00    | 0.01%             | 2030-06-20      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                                                                      | Citibank NA                                                                               | CUSIP: 17325FBK3<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |    250000 | PA      | $253165.00    | 0.00%             | 2029-08-06      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DQBY1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1261520 | PA      | $1231976.83   | 0.02%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HALEON US CAPITAL LLC                                                            | Haleon US Capital LLC                                                                     | CUSIP: 36264FAN1<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |    250000 | PA      | $189067.50    | 0.00%             | 2052-03-24      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EX88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    294543 | PA      | $301413.78    | 0.01%             | 2038-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MASS INSTITUTE OF TECH                                                           | Massachusetts Institute of Technology                                                     | CUSIP: 575718AA9<br>LEI: DLZO3A31IADZ27B62557 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145396.50    | 0.00%             | 2111-07-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 912828ZN3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5400000 | PA      | $5064082.04   | 0.10%             | 2027-04-30      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PDY9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    600000 | PA      | $641886.00    | 0.01%             | 2034-10-23      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC                                                         | Constellation Energy Generation LLC                                                       | CUSIP: 210385AF7<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143122.50    | 0.00%             | 2054-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 3622A3A59<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     92101 | PA      | $86708.03     | 0.00%             | 2047-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162DP2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    700000 | PA      | $712922.00    | 0.01%             | 2028-03-02      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| America Movil SAB de CV                                                          | America Movil SAB de CV                                                                   | CUSIP: 02364WBG9<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $160106.00    | 0.00%             | 2049-04-22      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FCN5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    445895 | PA      | $452261.32    | 0.01%             | 2039-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INTL FINANCE CORP                                                                | International Finance Corp                                                                | CUSIP: 45950KCU2<br>LEI: QKL54NQY28TCDAI75F60 | Long             | DBT              | NUSS              | XX        |    400000 | PA      | $338436.00    | 0.01%             | 2030-08-27      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                                     | CUSIP: 882508BG8<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92123.00     | 0.00%             | 2029-09-04      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Fidelity National Financial Inc                                                  | Fidelity National Financial Inc                                                           | CUSIP: 31620RAJ4<br>LEI: 549300CAZYIH39SYQ287 | Long             | DBT              | CORP              | US        |    250000 | PA      | $231040.00    | 0.00%             | 2030-06-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GZT4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149577.00    | 0.00%             | 2027-06-15      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967KY6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    600000 | PA      | $589404.00    | 0.01%             | 2026-10-21      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VXY1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2983542 | PA      | $2506615.70   | 0.05%             | 2050-11-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                                  | CUSIP: 744320BA9<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74776.00     | 0.00%             | 2049-12-07      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| APTIV SWISS HOLDINGS LTD                                                         | Aptiv Swiss Holdings Ltd                                                                  | CUSIP: 03837AAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |    200000 | PA      | $189270.00    | 0.00%             | 2034-09-13      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                               | CUSIP: 68389XCP8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246700.00    | 0.00%             | 2033-02-06      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| THE CAMPBELLS COMPANY                                                            | The Campbell's Company                                                                    | CUSIP: 134429BQ1<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141604.50    | 0.00%             | 2035-03-23      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TRINITY HEALTH CORP                                                              | Trinity Health Corp                                                                       | CUSIP: 896517AA7<br>LEI: TWSRHFGEDJDX0GKMGJ67 | Long             | DBT              | CORP              | US        |     75000 | PA      | $54562.50     | 0.00%             | 2048-12-01      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179W5E4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1278393 | PA      | $1179853.56   | 0.02%             | 2052-05-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GlaxoSmithKline Capital PLC                                                      | GlaxoSmithKline Capital PLC                                                               | CUSIP: 377373AH8<br>LEI: 549300U0LV41VX7LEP38 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $192844.00    | 0.00%             | 2029-06-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NBH3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    325000 | PA      | $309364.25    | 0.01%             | 2033-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6AT7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    393732 | PA      | $346787.73    | 0.01%             | 2036-09-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CORNING INC                                                                      | Corning Inc                                                                               | CUSIP: 219350BP9<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |    100000 | PA      | $73356.00     | 0.00%             | 2049-11-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc                                                        | Rogers Communications Inc                                                                 | CUSIP: 775109AZ4<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $92126.00     | 0.00%             | 2043-10-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AVERY DENNISON CORP                                                              | Avery Dennison Corp                                                                       | CUSIP: 053611AK5<br>LEI: 549300PW7VPFCYKLIV37 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90586.00     | 0.00%             | 2030-04-30      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Loews Corp                                                                       | Loews Corp                                                                                | CUSIP: 540424AP3<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | DBT              | CORP              | US        |    100000 | PA      | $107307.00    | 0.00%             | 2035-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YW83<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    113363 | PA      | $116506.10    | 0.00%             | 2054-05-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Archer-Daniels-Midland Co                                                        | Archer-Daniels-Midland Co                                                                 | CUSIP: 039483BL5<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195826.00    | 0.00%             | 2026-08-11      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                                                         | CSX Corp                                                                                  | CUSIP: 126408HT3<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $56346.00     | 0.00%             | 2051-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417ECJ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    137925 | PA      | $124142.21    | 0.00%             | 2042-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                              | CUSIP: 29250NBW4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $152527.50    | 0.00%             | 2026-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| America Movil SAB de CV                                                          | America Movil SAB de CV                                                                   | CUSIP: 02364WBE4<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $165102.00    | 0.00%             | 2042-07-16      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200KL4<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    100000 | PA      | $61848.00     | 0.00%             | 2050-05-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | Dominion Energy Inc                                                                       | CUSIP: 25746UDQ9<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82373.00     | 0.00%             | 2052-08-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QQCB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    721171 | PA      | $703581.46    | 0.01%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                                                            | Huntington Bancshares Inc/OH                                                              | CUSIP: 446150BE3<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202334.00    | 0.00%             | 2031-01-15      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| VIATRIS INC                                                                      | Viatris Inc                                                                               | CUSIP: 92556VAC0<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94802.00     | 0.00%             | 2027-06-22      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                                                              | American Tower Corp                                                                       | CUSIP: 03027XAM2<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    130000 | PA      | $126877.40    | 0.00%             | 2027-01-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTL GROUP                                                              | American International Group Inc                                                          | CUSIP: 026874DP9<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $161788.00    | 0.00%             | 2050-06-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Martin Marietta Materials Inc                                                    | Martin Marietta Materials Inc                                                             | CUSIP: 573284AX4<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $95655.00     | 0.00%             | 2051-07-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                                                  | Israel Government International Bond                                                      | CUSIP: 46514BRL3<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    700000 | PA      | $692188.00    | 0.01%             | 2034-03-12      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KIRBY CORPORATION                                                                | Kirby Corp                                                                                | CUSIP: 497266AC0<br>LEI: I7NO6FZO5GUCG585T325 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98437.00     | 0.00%             | 2028-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                                   | CUSIP: 808513CD5<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    190000 | PA      | $196832.40    | 0.00%             | 2029-05-19      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                                                         | Prudential Financial Inc                                                                  | CUSIP: 74432QCJ2<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    250000 | PA      | $184432.50    | 0.00%             | 2040-03-10      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650DF4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98089.00     | 0.00%             | 2026-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CHM6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7000000 | PA      | $7030488.29   | 0.13%             | 2026-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RAILWAY                                                            | Canadian National Railway Co                                                              | CUSIP: 136375DR0<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $142252.50    | 0.00%             | 2034-09-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EGJ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    505959 | PA      | $465034.44    | 0.01%             | 2052-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172CX5<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    300000 | PA      | $314193.00    | 0.01%             | 2032-11-17      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GYM0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    750000 | PA      | $722535.00    | 0.01%             | 2027-10-21      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| NYU LANGONE HOSPITALS                                                            | NYU Langone Hospitals                                                                     | CUSIP: 62952EAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $89562.00     | 0.00%             | 2044-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| TD SYNNEX CORP                                                                   | TD SYNNEX Corp                                                                            | CUSIP: 87162WAH3<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92874.00     | 0.00%             | 2028-08-09      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31416XKH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    256622 | PA      | $246707.48    | 0.00%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MFR0<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78049.00     | 0.00%             | 2050-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| WASTE CONNECTIONS INC                                                            | Waste Connections Inc                                                                     | CUSIP: 94106BAD3<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $123852.00    | 0.00%             | 2052-01-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                                                         | CSX Corp                                                                                  | CUSIP: 126408HU0<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143020.50    | 0.00%             | 2032-11-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc                                              | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MBW9<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $183978.00    | 0.00%             | 2030-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                                                                 | Kilroy Realty LP                                                                          | CUSIP: 49427RAQ5<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              |  | US        |     75000 | PA      | $59038.50     | 0.00%             | 2032-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PARTNERRE FINANCE B LLC                                                          | PartnerRe Finance B LLC                                                                   | CUSIP: 70213BAB7<br>LEI: 549300O0FAGHK2F79881 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96100.00     | 0.00%             | 2029-07-02      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179RS83<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    811991 | PA      | $718122.58    | 0.01%             | 2045-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DLT7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    629045 | PA      | $543618.89    | 0.01%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                                    | Boeing Co/The                                                                             | CUSIP: 097023CP8<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $123618.00    | 0.00%             | 2035-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189TAZ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $107111.00    | 0.00%             | 2037-05-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                                | CUSIP: 444859BL5<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     75000 | PA      | $52189.50     | 0.00%             | 2049-08-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev Worldwide Inc                                               | Anheuser-Busch InBev Worldwide Inc                                                        | CUSIP: 03523TBT4<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    350000 | PA      | $291585.00    | 0.01%             | 2048-10-06      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | Boeing Co/The                                                                             | CUSIP: 097023DU6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    325000 | PA      | $347334.00    | 0.01%             | 2064-05-01      | Fixed         | 7.01%                 | No            |                  2 | On Loan: No      |
| BALTIMORE GAS & ELECTRIC                                                         | Baltimore Gas and Electric Co                                                             | CUSIP: 059165EC0<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |    100000 | PA      | $107222.00    | 0.00%             | 2036-10-01      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities Inc                                              | Alexandria Real Estate Equities Inc                                                       | CUSIP: 015271AN9<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |    100000 | PA      | $98178.00     | 0.00%             | 2030-07-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31307BY38<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      5013 | PA      | $4902.66      | 0.00%             | 2028-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ALBEMARLE CORP                                                                   | Albemarle Corp                                                                            | CUSIP: 012653AF8<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80357.00     | 0.00%             | 2052-06-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738EAP0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $300939.00    | 0.01%             | 2026-05-12      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Sierra Pacific Power Co                                                          | Sierra Pacific Power Co                                                                   | CUSIP: 826418BM6<br>LEI: QB888G5GSVGE1LD1WV84 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73770.00     | 0.00%             | 2026-05-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138YGZW5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    760230 | PA      | $692679.23    | 0.01%             | 2045-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| General Dynamics Corp                                                            | General Dynamics Corp                                                                     | CUSIP: 369550BC1<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |    300000 | PA      | $297429.00    | 0.01%             | 2028-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOF                                                         | Take-Two Interactive Software Inc                                                         | CUSIP: 874054AN9<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76068.75     | 0.00%             | 2034-06-12      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135BF2<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    500000 | PA      | $445460.00    | 0.01%             | 2037-08-22      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YDA4<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    200000 | PA      | $179832.00    | 0.00%             | 2044-06-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORP                                                            | Northrop Grumman Corp                                                                     | CUSIP: 666807CM2<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    200000 | PA      | $182164.00    | 0.00%             | 2054-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                                                            | American Homes 4 Rent LP                                                                  | CUSIP: 02666TAD9<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |     75000 | PA      | $48014.25     | 0.00%             | 2051-07-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| GENERAL DYNAMICS CORP                                                            | General Dynamics Corp                                                                     | CUSIP: 369550BJ6<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |    150000 | PA      | $122742.00    | 0.00%             | 2050-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RAS1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     75000 | PA      | $80726.25     | 0.00%             | 2039-02-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| INTEGRIS BAPTIST MEDICAL                                                         | Integris Baptist Medical Center Inc                                                       | CUSIP: 45834QAA7<br>LEI: 549300S00ZKDLJSB3927 | Long             | DBT              | CORP              | US        |    100000 | PA      | $69908.00     | 0.00%             | 2050-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78016HZQ6<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $150336.00    | 0.00%             | 2033-05-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                            | CUSIP: 00914AAK8<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137169.00    | 0.00%             | 2030-12-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YEV3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    400000 | PA      | $414764.00    | 0.01%             | 2028-10-18      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Burlington Northern Santa Fe LLC                                                 | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LAU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    165000 | PA      | $143020.35    | 0.00%             | 2044-09-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                                | L3Harris Technologies Inc                                                                 | CUSIP: 502431AS8<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152359.50    | 0.00%             | 2029-06-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                                | Johnson & Johnson                                                                         | CUSIP: 478160CU6<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204698.00    | 0.00%             | 2029-06-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                           | CUSIP: 500769KB9<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    400000 | PA      | $413568.00    | 0.01%             | 2030-10-29      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN INVEST CO                                                         | Inter-American Investment Corp                                                            | CUSIP: 45828Q2C0<br>LEI: 5493001X4LH60PFRL744 | Long             | DBT              | NUSS              | XX        |    200000 | PA      | $204518.00    | 0.00%             | 2028-09-19      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev Worldwide Inc                                               | Anheuser-Busch InBev Worldwide Inc                                                        | CUSIP: 03523TBJ6<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    150000 | PA      | $186651.00    | 0.00%             | 2039-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GATX CORP                                                                        | GATX Corp                                                                                 | CUSIP: 361448BM4<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104019.00    | 0.00%             | 2034-03-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122EJ3<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97210.00     | 0.00%             | 2044-02-22      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MDC Holdings Inc                                                                 | MDC Holdings Inc                                                                          | CUSIP: 552676AQ1<br>LEI: 5299005FV4VNV75R8R35 | Long             | DBT              | CORP              | US        |     75000 | PA      | $66402.75     | 0.00%             | 2043-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EQ7A4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    162359 | PA      | $152416.57    | 0.00%             | 2046-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                                | CUSIP: 444859BK7<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139773.00    | 0.00%             | 2029-08-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 94973VBF3<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     75000 | PA      | $67004.25     | 0.00%             | 2044-01-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| WISCONSIN POWER & LIGHT                                                          | Wisconsin Power and Light Co                                                              | CUSIP: 976826BM8<br>LEI: JWBYHVQVMY66CVCOSO49 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94184.00     | 0.00%             | 2029-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Packaging Corp of America                                                        | Packaging Corp of America                                                                 | CUSIP: 695156AW9<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | DBT              | CORP              | US        |    150000 | PA      | $91215.00     | 0.00%             | 2051-10-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                                    | CUSIP: 045167FZ1<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $508665.00    | 0.01%             | 2028-08-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYSZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     49113 | PA      | $43593.81     | 0.00%             | 2040-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DYA4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    932066 | PA      | $689830.02    | 0.01%             | 2051-04-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL                                                           | Mondelez International Inc                                                                | CUSIP: 609207AW5<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $86781.00     | 0.00%             | 2050-09-04      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORP                                                                | Hyatt Hotels Corp                                                                         | CUSIP: 448579AR3<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100822.00    | 0.00%             | 2029-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED                                                            | Vale Overseas Ltd                                                                         | CUSIP: 91911TAS2<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |    275000 | PA      | $261591.00    | 0.00%             | 2054-06-28      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd                                                        | Alibaba Group Holding Ltd                                                                 | CUSIP: 01609WAT9<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    500000 | PA      | $488485.00    | 0.01%             | 2027-12-06      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                                   | CUSIP: 808513BG9<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84598.00     | 0.00%             | 2031-03-11      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Xcel Energy Inc                                                                  | Xcel Energy Inc                                                                           | CUSIP: 98389BAV2<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246265.00    | 0.00%             | 2028-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PG&E WILDFIRE RECOVERY                                                           | PG&E Wildfire Recovery Funding LLC                                                        | CUSIP: 693342AD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $169218.00    | 0.00%             | 2047-12-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661DU8<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199758.00    | 0.00%             | 2030-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RKG6<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    400000 | PA      | $372416.00    | 0.01%             | 2028-02-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                         | Santander UK Group Holdings PLC                                                           | CUSIP: 80281LAR6<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $192284.00    | 0.00%             | 2028-01-11      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833EH9<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    400000 | PA      | $368524.00    | 0.01%             | 2028-08-05      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448ET1<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     50000 | PA      | $40552.50     | 0.00%             | 2040-03-19      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WJZP6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    159381 | PA      | $148775.35    | 0.00%             | 2037-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216DP2<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    350000 | PA      | $307296.50    | 0.01%             | 2032-01-05      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                                    | Boeing Co/The                                                                             | CUSIP: 097023BR5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48754.50     | 0.00%             | 2026-06-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYVB2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    355133 | PA      | $289025.23    | 0.01%             | 2041-05-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| FIRST AMERICAN FINANCIAL                                                         | First American Financial Corp                                                             | CUSIP: 31847RAH5<br>LEI: 549300B6VEZK3N0A1P55 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84542.00     | 0.00%             | 2031-08-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| PFIZER INVESTMENT ENTER                                                          | Pfizer Investment Enterprises Pte Ltd                                                     | CUSIP: 716973AC6<br>LEI: 5493000FQO8XF9C0RT95 | Long             | DBT              | CORP              | SG        |    700000 | PA      | $703920.00    | 0.01%             | 2028-05-19      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810FA1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    743300 | PA      | $782642.64    | 0.01%             | 2027-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Hackensack Meridian Health Inc                                                   | Hackensack Meridian Health Inc                                                            | CUSIP: 404530AA5<br>LEI: 5493001CB3OCWTEJY668 | Long             | DBT              | CORP              | US        |     50000 | PA      | $39938.00     | 0.00%             | 2057-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                                               | Vodafone Group PLC                                                                        | CUSIP: 92857WBU3<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $189050.00    | 0.00%             | 2050-09-17      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AVNET INC                                                                        | Avnet Inc                                                                                 | CUSIP: 053807AV5<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49250.50     | 0.00%             | 2032-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 75513ECS8<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    200000 | PA      | $186272.00    | 0.00%             | 2053-02-27      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280CX5<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $192734.00    | 0.00%             | 2027-11-22      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                           | CUSIP: 126650CU2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    300000 | PA      | $294726.00    | 0.01%             | 2026-06-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CAY7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9600000 | PA      | $8866874.98   | 0.17%             | 2027-11-30      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133ACKY3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    181435 | PA      | $143691.35    | 0.00%             | 2050-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680AZ6<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $112294.50    | 0.00%             | 2049-09-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| SHELL FINANCE US INC                                                             | Shell Finance US Inc                                                                      | CUSIP: 822905AD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $215282.50    | 0.00%             | 2043-08-12      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                                   | CUSIP: 828807DJ3<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    175000 | PA      | $125704.25    | 0.00%             | 2050-07-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJWL0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1079915 | PA      | $985266.96    | 0.02%             | 2045-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                                | General Motors Co                                                                         | CUSIP: 37045VAT7<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    200000 | PA      | $180518.00    | 0.00%             | 2049-04-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                                                 | Ryder System Inc                                                                          | CUSIP: 78355HKV0<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102771.00    | 0.00%             | 2028-03-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EGCB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     93639 | PA      | $92524.63     | 0.00%             | 2041-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                                         | Western Midstream Operating LP                                                            | CUSIP: 958254AL8<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83532.00     | 0.00%             | 2048-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3142GQYK2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    401442 | PA      | $414463.86    | 0.01%             | 2054-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                                                             | Targa Resources Corp                                                                      | CUSIP: 87612GAC5<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    175000 | PA      | $180442.50    | 0.00%             | 2033-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Allstate Corp/The                                                                | Allstate Corp/The                                                                         | CUSIP: 020002AS0<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153699.00    | 0.00%             | 2035-05-09      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Invesco Finance PLC                                                              | Invesco Finance PLC                                                                       | CUSIP: 46132FAC4<br>LEI: 549300OYQ3LAJYXXO449 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $92457.00     | 0.00%             | 2043-11-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CBM5<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98186.00     | 0.00%             | 2034-01-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CBF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    182955 | PA      | $160223.57    | 0.00%             | 2046-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | Ally Financial Inc                                                                        | CUSIP: 02005NBQ2<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150220.50    | 0.00%             | 2027-06-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KELLANOVA                                                                        | Kellanova                                                                                 | CUSIP: 487836BW7<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100158.00    | 0.00%             | 2028-05-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810QU5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2430900 | PA      | $1946429.24   | 0.04%             | 2042-02-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                                                            | PACCAR Financial Corp                                                                     | CUSIP: 69371RS80<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151443.00    | 0.00%             | 2029-01-31      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CFJ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    299576 | PA      | $286323.78    | 0.01%             | 2032-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                                                              | CDW LLC / CDW Finance Corp                                                                | CUSIP: 12513GBG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $193998.00    | 0.00%             | 2026-12-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081FH5<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79508.00     | 0.00%             | 2042-12-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                                | CUSIP: 717081EU3<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    125000 | PA      | $106377.50    | 0.00%             | 2039-03-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RBK7<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    200000 | PA      | $162018.00    | 0.00%             | 2045-06-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132GKV60<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    232517 | PA      | $215579.02    | 0.00%             | 2041-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YCT4<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $205478.00    | 0.00%             | 2034-05-27      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WESTLAKE CORP                                                                    | Westlake Corp                                                                             | CUSIP: 960413AT9<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98548.00     | 0.00%             | 2026-08-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                                                      | Target Corp                                                                               | CUSIP: 87612EBS4<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143485.50    | 0.00%             | 2034-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJYH7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    266264 | PA      | $241633.29    | 0.00%             | 2046-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DNYL1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1140046 | PA      | $1141874.58   | 0.02%             | 2052-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36180AAD5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1964368 | PA      | $1855848.47   | 0.03%             | 2054-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VIATRIS INC                                                                      | Viatris Inc                                                                               | CUSIP: 92556VAF3<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |    400000 | PA      | $256456.00    | 0.00%             | 2050-06-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD                                                               | Athene Holding Ltd                                                                        | CUSIP: 04686JAD3<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $68303.00     | 0.00%             | 2051-05-25      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BALTIMORE GAS & ELECTRIC                                                         | Baltimore Gas and Electric Co                                                             | CUSIP: 059165EQ9<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138606.00    | 0.00%             | 2053-06-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WFKL9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     60720 | PA      | $55324.28     | 0.00%             | 2045-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833EQ9<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    350000 | PA      | $272825.00    | 0.01%             | 2052-08-08      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140CL2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147004.50    | 0.00%             | 2034-02-21      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661DQ7<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    250000 | PA      | $189450.00    | 0.00%             | 2047-05-03      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Burlington Northern Santa Fe LLC                                                 | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LAJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $86407.00     | 0.00%             | 2042-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 75513ECJ8<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44158.00     | 0.00%             | 2043-12-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                                 | CUSIP: 775109CK5<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    350000 | PA      | $274774.50    | 0.01%             | 2052-03-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJUK4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    314495 | PA      | $288583.45    | 0.01%             | 2044-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC                                                             | Freeport-McMoRan Inc                                                                      | CUSIP: 35671DCH6<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196964.00    | 0.00%             | 2030-08-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                                   | CUSIP: 742718FW4<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    200000 | PA      | $177546.00    | 0.00%             | 2032-02-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                           | CUSIP: 500769KG8<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    300000 | PA      | $297489.00    | 0.01%             | 2027-08-27      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                    | Boeing Co/The                                                                             | CUSIP: 097023DQ5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    250000 | PA      | $263067.50    | 0.00%             | 2029-05-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138X9KE8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     47483 | PA      | $45124.10     | 0.00%             | 2043-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122DH8<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    150000 | PA      | $129849.00    | 0.00%             | 2044-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                         | CUSIP: 30040WAZ1<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103076.00    | 0.00%             | 2034-07-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                                  | CUSIP: 298785JQ0<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    750000 | PA      | $716872.50    | 0.01%             | 2027-03-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 9128283F5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8500000 | PA      | $8179589.87   | 0.15%             | 2027-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DPD8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3757468 | PA      | $3098592.07   | 0.06%             | 2050-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Telefonica Emisiones SAU                                                         | Telefonica Emisiones SAU                                                                  | CUSIP: 87938WAX1<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |    300000 | PA      | $267762.00    | 0.01%             | 2049-03-01      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WE4D8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     75001 | PA      | $68336.72     | 0.00%             | 2045-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ENI USA INC                                                                      | Eni USA Inc                                                                               | CUSIP: 51808BAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $105999.00    | 0.00%             | 2027-11-15      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                                                | General Mills Inc                                                                         | CUSIP: 370334CW2<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103158.00    | 0.00%             | 2028-10-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QU7E0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    580274 | PA      | $578004.83    | 0.01%             | 2054-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738ECF0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $403688.00    | 0.01%             | 2027-05-09      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO                                                                  | DTE Electric Co                                                                           | CUSIP: 23338VAS5<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152059.50    | 0.00%             | 2033-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XRXV2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2099988 | PA      | $2041338.82   | 0.04%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140HBFK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    109863 | PA      | $102426.71    | 0.00%             | 2048-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Equinor ASA                                                                      | Equinor ASA                                                                               | CUSIP: 85771PAL6<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |    150000 | PA      | $121044.00    | 0.00%             | 2043-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140Q9DF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    565432 | PA      | $544458.69    | 0.01%             | 2048-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC                                                         | Constellation Energy Generation LLC                                                       | CUSIP: 30161MAN3<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95946.00     | 0.00%             | 2042-06-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214FV0<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    150000 | PA      | $150814.50    | 0.00%             | 2026-10-20      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                                                      | Netflix Inc                                                                               | CUSIP: 64110LAZ9<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150555.00    | 0.00%             | 2034-08-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                      | CUSIP: 59023VAA8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    320000 | PA      | $374966.40    | 0.01%             | 2038-05-14      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Atmos Energy Corp                                                                | Atmos Energy Corp                                                                         | CUSIP: 049560AM7<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |    300000 | PA      | $243729.00    | 0.00%             | 2044-10-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                         | CUSIP: 494553AD2<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202334.00    | 0.00%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830BV0<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153577.50    | 0.00%             | 2027-11-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XER3<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202454.00    | 0.00%             | 2031-02-08      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CHW4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6500000 | PA      | $6538847.64   | 0.12%             | 2030-08-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QT2Q1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    281903 | PA      | $280798.32    | 0.01%             | 2054-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DQH8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3155070 | PA      | $2589286.35   | 0.05%             | 2050-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                                       | CUSIP: 14913R2U0<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96394.00     | 0.00%             | 2027-01-08      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Regional Transportation District Sales Tax Revenue                               | Regional Transportation District Sales Tax Revenue                                        | CUSIP: 759136QP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $48964.70     | 0.00%             | 2050-11-01      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| PARKER-HANNIFIN CORP                                                             | Parker-Hannifin Corp                                                                      | CUSIP: 701094AS3<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200918.00    | 0.00%             | 2029-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WH2U5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     17581 | PA      | $16810.66     | 0.00%             | 2031-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138AFCY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     13993 | PA      | $13773.17     | 0.00%             | 2041-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VKL3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1793229 | PA      | $1570943.98   | 0.03%             | 2050-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHILDREN'S HOSPITAL/PHIL                                                         | Children's Hospital of Philadelphia/The                                                   | CUSIP: 16877PAA8<br>LEI: 254900N2KNSY5WTR1Q61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $59727.00     | 0.00%             | 2050-07-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc                                                  | Philip Morris International Inc                                                           | CUSIP: 718172BD0<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    175000 | PA      | $156551.50    | 0.00%             | 2043-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                                                         | Benchmark 2019-B12 Mortgage Trust                                                         | CUSIP: 08162FAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $652614.08    | 0.01%             | 2052-08-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| McKesson Corp                                                                    | McKesson Corp                                                                             | CUSIP: 581557BJ3<br>LEI: 549300WZWOM80UCFSF54 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98953.00     | 0.00%             | 2028-02-16      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF QUEBEC                                                               | Province of Quebec Canada                                                                 | CUSIP: 748148SE4<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    200000 | PA      | $197562.00    | 0.00%             | 2033-09-08      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XB7B0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    677025 | PA      | $613438.21    | 0.01%             | 2036-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| JBS USA SARL/FOOD/GRP                                                            | JBS USA LUX Sarl / JBS USA Food Co / JBS USA Foods Group                                  | CUSIP: 472140AC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $149617.50    | 0.00%             | 2055-02-25      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417G2M7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    161177 | PA      | $157304.56    | 0.00%             | 2028-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                                       | CUSIP: 25746UAV1<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103438.00    | 0.00%             | 2035-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MCS7<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $259430.00    | 0.00%             | 2033-01-13      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TLM5<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98686.00     | 0.00%             | 2034-01-05      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc                                              | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MBU3<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $185058.00    | 0.00%             | 2029-09-27      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                            | CUSIP: 594918BE3<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79368.00     | 0.00%             | 2055-02-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457CN6<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    175000 | PA      | $158084.50    | 0.00%             | 2064-02-09      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137H93C1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $936589.48    | 0.02%             | 2032-08-25      | Fixed         | 3.53%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418E3C2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    556674 | PA      | $539210.95    | 0.01%             | 2054-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PET5<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    275000 | PA      | $267734.50    | 0.01%             | 2063-02-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CHF1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6500000 | PA      | $6433730.49   | 0.12%             | 2030-05-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818FD5<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81775.00     | 0.00%             | 2039-08-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162BC3<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75046.50     | 0.00%             | 2040-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                                                             | Kraft Heinz Foods Co                                                                      | CUSIP: 50076QAR7<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    150000 | PA      | $162205.50    | 0.00%             | 2039-01-26      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Nokia OYJ                                                                        | Nokia Oyj                                                                                 | CUSIP: 654902AE5<br>LEI: 549300A0JPRWG1KI7U06 | Long             | DBT              | CORP              | FI        |    100000 | PA      | $99374.00     | 0.00%             | 2027-06-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FirstEnergy Corp                                                                 | FirstEnergy Corp                                                                          | CUSIP: 337932AJ6<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    175000 | PA      | $144592.00    | 0.00%             | 2047-07-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457BR8<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |     50000 | PA      | $39698.00     | 0.00%             | 2047-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 3618N5EU9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     89212 | PA      | $86601.52     | 0.00%             | 2055-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| International Bank for Reconstruction & Development                              | International Bank for Reconstruction & Development                                       | CUSIP: 459058JC8<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    700000 | PA      | $602378.00    | 0.01%             | 2030-05-14      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810FG8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    795300 | PA      | $834878.61    | 0.02%             | 2029-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH EDISON CO                                                           | Commonwealth Edison Co                                                                    | CUSIP: 202795JT8<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    100000 | PA      | $63907.00     | 0.00%             | 2051-03-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| CENCORA INC                                                                      | Cencora Inc                                                                               | CUSIP: 03073EAP0<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97588.00     | 0.00%             | 2027-12-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| WRKCo Inc                                                                        | WRKCo Inc                                                                                 | CUSIP: 92940PAE4<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98006.00     | 0.00%             | 2028-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                                              | Gilead Sciences Inc                                                                       | CUSIP: 375558BD4<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    370000 | PA      | $324382.70    | 0.01%             | 2046-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EATON CORP                                                                       | Eaton Corp                                                                                | CUSIP: 278062AJ3<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86622.00     | 0.00%             | 2052-08-23      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GXH2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    475000 | PA      | $458455.75    | 0.01%             | 2030-03-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                               | CUSIP: 438516CM6<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192526.00    | 0.00%             | 2034-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ALLEGION PLC                                                                     | Allegion plc                                                                              | CUSIP: 01748TAB7<br>LEI: 984500560CAC2E6FB757 | Long             | DBT              | CORP              | IE        |    100000 | PA      | $95208.00     | 0.00%             | 2029-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                               | CUSIP: 438516CS3<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    300000 | PA      | $297771.00    | 0.01%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                         | CUSIP: 24703TAN6<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175929.25    | 0.00%             | 2032-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312933AQ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     15329 | PA      | $15171.28     | 0.00%             | 2039-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV6D2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1343327 | PA      | $1158725.62   | 0.02%             | 2050-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV4N2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    611284 | PA      | $505771.74    | 0.01%             | 2049-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Dupont De Nemours Inc                                                            | DuPont de Nemours Inc                                                                     | CUSIP: 26078JAE0<br>LEI: 5493004JF0SDFLM8GD76 | Long             | DBT              | CORP              | US        |    152000 | PA      | $155152.48    | 0.00%             | 2038-11-15      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| EVERGY KANSAS CENTRAL                                                            | Evergy Kansas Central Inc                                                                 | CUSIP: 30036FAB7<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95586.00     | 0.00%             | 2053-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                                      | CUSIP: 743315BA0<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |    100000 | PA      | $72337.00     | 0.00%             | 2052-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV6E0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    403453 | PA      | $361942.50    | 0.01%             | 2050-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Peru Government International Bonds                                              | Peru Government International Bonds                                                       | CUSIP: 715638AU6<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    300000 | PA      | $319482.00    | 0.01%             | 2037-03-14      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| CENCORA INC                                                                      | Cencora Inc                                                                               | CUSIP: 03073EAU9<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99614.00     | 0.00%             | 2034-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| EVEREST REINSURANCE HLDG                                                         | Everest Reinsurance Holdings Inc                                                          | CUSIP: 299808AH8<br>LEI: 254900P29PM5UJR3VU91 | Long             | DBT              | CORP              | US        |    200000 | PA      | $131982.00    | 0.00%             | 2050-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Southern California Edison Co                                                    | Southern California Edison Co                                                             | CUSIP: 842400GR8<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78541.00     | 0.00%             | 2049-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XBK5<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    150000 | PA      | $92010.00     | 0.00%             | 2051-01-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                                                            | Rio Tinto Finance USA PLC                                                                 | CUSIP: 76720AAG1<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $82516.00     | 0.00%             | 2042-08-21      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                                    | CUSIP: 62954HAV0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    150000 | PA      | $147177.00    | 0.00%             | 2029-06-18      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91087BAM2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    400000 | PA      | $341604.00    | 0.01%             | 2031-05-24      | Fixed         | 2.66%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                                                                      | Phillips 66 Co                                                                            | CUSIP: 718547AP7<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82602.00     | 0.00%             | 2046-10-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Bank NA                                                              | Wells Fargo Bank NA                                                                       | CUSIP: 94980VAG3<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | DBT              | CORP              | US        |    250000 | PA      | $256132.50    | 0.00%             | 2036-08-26      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CRC0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    537560 | PA      | $485812.40    | 0.01%             | 2047-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJX70<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    189701 | PA      | $166344.10    | 0.00%             | 2046-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp/The                                                 | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406RAF4<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196058.00    | 0.00%             | 2028-01-29      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| AUST & NZ BANKING GRP NY                                                         | Australia & New Zealand Banking Group Ltd/New York NY                                     | CUSIP: 05253JB34<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $253395.00    | 0.00%             | 2027-07-16      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                                | Johnson & Johnson                                                                         | CUSIP: 478160DH4<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152134.50    | 0.00%             | 2028-03-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138AW3J0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     42770 | PA      | $41254.00     | 0.00%             | 2041-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137BSP72<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    600000 | PA      | $587516.48    | 0.01%             | 2026-08-25      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                                        | CUSIP: 907818EB0<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65911.50     | 0.00%             | 2035-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                               | CUSIP: 302154DR7<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $199608.00    | 0.00%             | 2027-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MID-AMERICA APARTMENTS                                                           | Mid-America Apartments LP                                                                 | CUSIP: 59523UAT4<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              |  | US        |    100000 | PA      | $95839.00     | 0.00%             | 2026-09-15      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| Ahold Finance USA LLC                                                            | Ahold Finance USA LLC                                                                     | CUSIP: 008685AB5<br>LEI: 549300XB4647UBM7K822 | Long             | DBT              | CORP              | US        |     75000 | PA      | $81286.50     | 0.00%             | 2029-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                                                            | Republic Services Inc                                                                     | CUSIP: 760759BB5<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101732.00    | 0.00%             | 2029-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179Y5N0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1239967 | PA      | $1266010.89   | 0.02%             | 2054-08-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | Edison International                                                                      | CUSIP: 281020AW7<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103804.00    | 0.00%             | 2029-11-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| PIEDMONT NATURAL GAS CO                                                          | Piedmont Natural Gas Co Inc                                                               | CUSIP: 720186AR6<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74112.00     | 0.00%             | 2035-02-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                         | CUSIP: 49456BAX9<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246952.50    | 0.00%             | 2033-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CANADA GOVERNMENT                                                                | Canada Government International Bond                                                      | CUSIP: 43358BAA1<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |    750000 | PA      | $768240.00    | 0.01%             | 2029-04-30      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214DF7<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $247545.00    | 0.00%             | 2031-11-23      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| Bunge Ltd Finance Corp                                                           | Bunge Ltd Finance Corp                                                                    | CUSIP: 120568AZ3<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147706.50    | 0.00%             | 2027-09-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NEA5<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153666.00    | 0.00%             | 2027-11-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202FB47<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     56141 | PA      | $56560.39     | 0.00%             | 2039-10-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MDM9<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $204994.00    | 0.00%             | 2029-07-09      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31410BF66<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     55899 | PA      | $58244.68     | 0.00%             | 2036-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967KR1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    330000 | PA      | $274569.90    | 0.01%             | 2046-05-18      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| INGERSOLL RAND INC                                                               | Ingersoll Rand Inc                                                                        | CUSIP: 45687VAA4<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77051.25     | 0.00%             | 2028-08-14      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081GQ4<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148563.00    | 0.00%             | 2033-05-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31416WTV4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    102196 | PA      | $98247.43     | 0.00%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC                                                               | Analog Devices Inc                                                                        | CUSIP: 032654BA2<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98570.00     | 0.00%             | 2027-06-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| APPLOVIN CORP                                                                    | AppLovin Corp                                                                             | CUSIP: 03831WAD0<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200094.00    | 0.00%             | 2034-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                             | CUSIP: 744448CX7<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79432.00     | 0.00%             | 2052-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                                                               | Expand Energy Corp                                                                        | CUSIP: 165167DH7<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148461.00    | 0.00%             | 2035-01-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                               | CUSIP: 68389XBJ3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    545000 | PA      | $409158.75    | 0.01%             | 2046-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Weyerhaeuser Co                                                                  | Weyerhaeuser Co                                                                           | CUSIP: 962166BX1<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              |  | US        |    150000 | PA      | $146229.00    | 0.00%             | 2029-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397C35<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    250000 | PA      | $257372.50    | 0.00%             | 2027-11-04      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280DN6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $212350.00    | 0.00%             | 2038-06-01      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| KEYSIGHT TECHNOLOGIES                                                            | Keysight Technologies Inc                                                                 | CUSIP: 49338LAH6<br>LEI: 549300GLKVIO8YRCYN02 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153192.00    | 0.00%             | 2030-07-30      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN                                                         | Brighthouse Financial Inc                                                                 | CUSIP: 10922NAH6<br>LEI: 5493003T8SZSHOGGAW52 | Long             | DBT              | CORP              | US        |     75000 | PA      | $47625.75     | 0.00%             | 2051-12-22      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                                | General Motors Co                                                                         | CUSIP: 37045VAL4<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    125000 | PA      | $124660.00    | 0.00%             | 2046-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                             | CUSIP: 571903BP7<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100828.00    | 0.00%             | 2029-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                                                           | GE HealthCare Technologies Inc                                                            | CUSIP: 36267VAM5<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    200000 | PA      | $211044.00    | 0.00%             | 2052-11-22      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 96949LAC9<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    200000 | PA      | $175406.00    | 0.00%             | 2045-09-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| ERP Operating LP                                                                 | ERP Operating LP                                                                          | CUSIP: 26884ABB8<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |    150000 | PA      | $127390.50    | 0.00%             | 2044-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Merck Sharp & Dohme Corp                                                         | Merck Sharp & Dohme Corp                                                                  | CUSIP: 589331AE7<br>LEI: MZK1AT00SJV4XB7WNL71 | Long             | DBT              | CORP              | US        |     75000 | PA      | $79164.75     | 0.00%             | 2028-12-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CPF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    247701 | PA      | $231385.11    | 0.00%             | 2047-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                               | CUSIP: 02665WDZ1<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143991.00    | 0.00%             | 2026-09-09      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Union Electric Co                                                                | Union Electric Co                                                                         | CUSIP: 906548CJ9<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |     40000 | PA      | $31945.20     | 0.00%             | 2042-09-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC                                      | BBCMS Mortgage Trust 2024-C28                                                             | CUSIP: 07336WBA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1012358.67   | 0.02%             | 2057-09-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GKD0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    600000 | PA      | $520848.00    | 0.01%             | 2032-10-20      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                                  | CUSIP: 126408GK3<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    150000 | PA      | $159123.00    | 0.00%             | 2037-05-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH EDISON CO                                                           | Commonwealth Edison Co                                                                    | CUSIP: 202795JZ4<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101025.00    | 0.00%             | 2034-06-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WG36<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3387464 | PA      | $2844167.66   | 0.05%             | 2051-06-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                                 | CUSIP: 674599EM3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    225000 | PA      | $195759.00    | 0.00%             | 2054-10-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Caterpillar Financial Services Corp                                              | Caterpillar Financial Services Corp                                                       | CUSIP: 14913R2Q9<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96149.00     | 0.00%             | 2026-09-14      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL HEALTH SVCS                                                            | Universal Health Services Inc                                                             | CUSIP: 913903AW0<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |    225000 | PA      | $197748.00    | 0.00%             | 2030-10-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MCB4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    300000 | PA      | $264822.00    | 0.00%             | 2030-07-08      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                               | CUSIP: 68389XBM6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    575000 | PA      | $562856.00    | 0.01%             | 2026-07-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Panama Government International Bonds                                            | Panama Government International Bonds                                                     | CUSIP: 698299BL7<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    650000 | PA      | $350025.00    | 0.01%             | 2060-07-23      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| Broadridge Financial Solutions Inc                                               | Broadridge Financial Solutions Inc                                                        | CUSIP: 11133TAD5<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138816.00    | 0.00%             | 2029-12-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| International Paper Co                                                           | International Paper Co                                                                    | CUSIP: 460146CS0<br>LEI: 824LMFJDH41EY779Q875 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77578.00     | 0.00%             | 2048-08-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| CONCENTRIX CORP                                                                  | Concentrix Corp                                                                           | CUSIP: 20602DAA9<br>LEI: 5493000EAJN1KMPVA737 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152686.50    | 0.00%             | 2026-08-02      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 96949LAE5<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $126199.50    | 0.00%             | 2048-03-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833DQ0<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    300000 | PA      | $196563.00    | 0.00%             | 2049-09-11      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810QZ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3282900 | PA      | $2588361.47   | 0.05%             | 2043-02-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                          | CUSIP: 124857AK9<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     95000 | PA      | $71046.70     | 0.00%             | 2044-08-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                                                      | Target Corp                                                                               | CUSIP: 87612EBR6<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    200000 | PA      | $174036.00    | 0.00%             | 2053-01-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| TotalEnergies Capital International SA                                           | TotalEnergies Capital International SA                                                    | CUSIP: 89153VAW9<br>LEI: 549300U37G2I8G4RUG09 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $63171.00     | 0.00%             | 2060-06-29      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| APPLOVIN CORP                                                                    | AppLovin Corp                                                                             | CUSIP: 03831WAE8<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95596.00     | 0.00%             | 2054-12-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| AON NORTH AMERICA INC                                                            | Aon North America Inc                                                                     | CUSIP: 03740MAF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $191698.00    | 0.00%             | 2054-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XNZN7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     79843 | PA      | $84310.52     | 0.00%             | 2054-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                                                           | Morgan Stanley Bank NA                                                                    | CUSIP: 61690U8G8<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |    300000 | PA      | $299829.00    | 0.01%             | 2027-10-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ABX2<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    200000 | PA      | $171536.00    | 0.00%             | 2031-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| GENUINE PARTS CO                                                                 | Genuine Parts Co                                                                          | CUSIP: 372460AF2<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151429.50    | 0.00%             | 2029-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YW67<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2326885 | PA      | $2356138.87   | 0.04%             | 2054-05-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                              | CUSIP: 883556CZ3<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100940.00    | 0.00%             | 2026-12-05      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                         | CUSIP: 24703TAD8<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    414000 | PA      | $417870.90    | 0.01%             | 2026-06-15      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                                                  | Chevron USA Inc                                                                           | CUSIP: 166756AS5<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95993.00     | 0.00%             | 2029-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EAR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1058487 | PA      | $931305.82    | 0.02%             | 2037-01-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CINTAS CORPORATION NO. 2                                                         | Cintas Corp No 2                                                                          | CUSIP: 17252MAN0<br>LEI: 549300QVUQTTKMTE0G41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148473.00    | 0.00%             | 2027-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MABP3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     12209 | PA      | $12541.95     | 0.00%             | 2041-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EYE4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    179843 | PA      | $191102.88    | 0.00%             | 2053-11-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ER2P4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    307502 | PA      | $303842.91    | 0.01%             | 2046-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 172967MS7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    650000 | PA      | $582491.00    | 0.01%             | 2031-06-03      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| OMNICOM GROUP INC                                                                | Omnicom Group Inc                                                                         | CUSIP: 681919BC9<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97918.00     | 0.00%             | 2030-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                                 | CUSIP: 911312BY1<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150637.50    | 0.00%             | 2030-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XQZ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    415600 | PA      | $425706.49    | 0.01%             | 2053-01-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Baxalta Inc                                                                      | Baxalta Inc                                                                               | CUSIP: 07177MAN3<br>LEI: 5493000JW8DCO3T45R55 | Long             | DBT              | CORP              | US        |     99000 | PA      | $90252.36     | 0.00%             | 2045-06-23      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Republic of Italy Government International Bond                                  | Republic of Italy Government International Bond                                           | CUSIP: 465410BY3<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    475000 | PA      | $442424.50    | 0.01%             | 2029-10-17      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SOUTHWEST AIRLINES CO                                                            | Southwest Airlines Co                                                                     | CUSIP: 844741BF4<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | DBT              | CORP              | US        |     75000 | PA      | $67509.75     | 0.00%             | 2030-02-10      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DY22<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    996099 | PA      | $878258.01    | 0.02%             | 2036-05-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XBW9<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    150000 | PA      | $141694.50    | 0.00%             | 2032-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3131XVRE7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1075946 | PA      | $942263.48    | 0.02%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BROADSTONE NET LEASE LLC                                                         | Broadstone Net Lease LLC                                                                  | CUSIP: 11135EAA2<br>LEI: 54930089IBT6J4WBTI50 | Long             | DBT              |  | US        |     75000 | PA      | $62958.75     | 0.00%             | 2031-09-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280ES4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $394204.00    | 0.01%             | 2036-03-03      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122DK1<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    250000 | PA      | $203520.00    | 0.00%             | 2047-11-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                                | CUSIP: 91159HJJ0<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    250000 | PA      | $259105.00    | 0.00%             | 2033-10-21      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475BR5<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    400000 | PA      | $411760.00    | 0.01%             | 2029-06-12      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| PIEDMONT OPERATING PARTN                                                         | Piedmont Operating Partnership LP                                                         | CUSIP: 720198AG5<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              |  | US        |     75000 | PA      | $82890.75     | 0.00%             | 2028-07-20      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV3Z6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1508427 | PA      | $1303577.92   | 0.02%             | 2049-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                                         | EQT Corp                                                                                  | CUSIP: 26884LAQ2<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102273.00    | 0.00%             | 2028-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Oncor Electric Delivery Co LLC                                                   | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JBP8<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $72598.00     | 0.00%             | 2049-06-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138A8RQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     51607 | PA      | $51861.33     | 0.00%             | 2041-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                                                          | Jefferies Financial Group Inc                                                             | CUSIP: 47233JBH0<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    175000 | PA      | $168999.25    | 0.00%             | 2030-01-23      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds                                       | Philippines Government International Bonds                                                | CUSIP: 718286CX3<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    200000 | PA      | $192504.00    | 0.00%             | 2048-01-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Indonesia Government International Bonds                                         | Indonesia Government International Bonds                                                  | CUSIP: 455780CJ3<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $190602.00    | 0.00%             | 2049-02-11      | Fixed         | 5.35%                 | No            |                  2 | On Loan: —       |
| Plains All American Pipeline LP / PAA Finance Corp                               | Plains All American Pipeline LP / PAA Finance Corp                                        | CUSIP: 72650RBN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $141759.00    | 0.00%             | 2030-09-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc                                                        | Rogers Communications Inc                                                                 | CUSIP: 775109BG5<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $117526.50    | 0.00%             | 2048-02-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417CAZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    119444 | PA      | $110604.56    | 0.00%             | 2042-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MOSAIC CO                                                                        | Mosaic Co/The                                                                             | CUSIP: 61945CAD5<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75195.00     | 0.00%             | 2033-11-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Southern California Edison Co                                                    | Southern California Edison Co                                                             | CUSIP: 842400GT4<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    200000 | PA      | $129892.00    | 0.00%             | 2050-02-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| OHIO POWER COMPANY                                                               | Ohio Power Co                                                                             | CUSIP: 677415CT6<br>LEI: 06ZODLC132CY1O2Y7D77 | Long             | DBT              | CORP              | US        |    150000 | PA      | $125668.50    | 0.00%             | 2031-01-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448FG8<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    150000 | PA      | $91522.50     | 0.00%             | 2051-10-21      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DLQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     41848 | PA      | $38277.44     | 0.00%             | 2040-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                                                            | PACCAR Financial Corp                                                                     | CUSIP: 69371RT30<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100686.00    | 0.00%             | 2027-08-06      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| APPLIED MATERIALS INC                                                            | Applied Materials Inc                                                                     | CUSIP: 038222AP0<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |    150000 | PA      | $91479.00     | 0.00%             | 2050-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DGH9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    108717 | PA      | $104989.40    | 0.00%             | 2034-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                         | CUSIP: 478160BA1<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71875.50     | 0.00%             | 2041-05-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | Lloyds Banking Group PLC                                                                  | CUSIP: 53944YAX1<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $252852.50    | 0.00%             | 2035-01-05      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYUZ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    778375 | PA      | $662384.43    | 0.01%             | 2041-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 172967PA3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    500000 | PA      | $531135.00    | 0.01%             | 2033-11-17      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M4NK5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     34684 | PA      | $36182.74     | 0.00%             | 2037-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CMU2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12500000 | PA      | $12526367.25  | 0.24%             | 2030-03-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PEC2<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193842.00    | 0.00%             | 2026-05-15      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| Hess Corp                                                                        | Hess Corp                                                                                 | CUSIP: 023551AJ3<br>LEI: UASVRYNXNK17ULIGK870 | Long             | DBT              | CORP              | US        |    100000 | PA      | $112125.00    | 0.00%             | 2031-08-15      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                                       | CUSIP: 65535HAY5<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $185406.00    | 0.00%             | 2028-07-14      | Fixed         | 2.17%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                                                              | Dow Chemical Co/The                                                                       | CUSIP: 260543DJ9<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146911.50    | 0.00%             | 2034-02-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| UBS AG LONDON                                                                    | UBS AG/London                                                                             | CUSIP: 902674ZZ6<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |    200000 | PA      | $193818.00    | 0.00%             | 2026-06-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| CommonSpirit Health                                                              | CommonSpirit Health                                                                       | CUSIP: 14916RAD6<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $122845.50    | 0.00%             | 2042-11-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| D.R. HORTON INC                                                                  | DR Horton Inc                                                                             | CUSIP: 23331ABS7<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |    125000 | PA      | $121808.75    | 0.00%             | 2034-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Essex Portfolio LP                                                               | Essex Portfolio LP                                                                        | CUSIP: 29717PAT4<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              |  | US        |    150000 | PA      | $146343.00    | 0.00%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MCE8<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $169570.00    | 0.00%             | 2031-01-12      | Fixed         | 1.71%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TLV5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     17066 | PA      | $16988.51     | 0.00%             | 2047-11-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                          | CUSIP: 95040QAR5<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |    150000 | PA      | $140560.50    | 0.00%             | 2032-06-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                                                            | American Homes 4 Rent LP                                                                  | CUSIP: 02666TAG2<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |    100000 | PA      | $99905.00     | 0.00%             | 2034-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                               | CUSIP: 68389XCM5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200966.00    | 0.00%             | 2028-05-06      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CMH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13000000 | PA      | $13032500.00  | 0.24%             | 2027-01-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CMD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12905000 | PA      | $13135878.58  | 0.25%             | 2029-12-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280DC0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $191794.00    | 0.00%             | 2033-03-29      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp/The                                                          | Charles Schwab Corp/The                                                                   | CUSIP: 808513AQ8<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98146.00     | 0.00%             | 2027-03-02      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| International Bank for Reconstruction & Development                              | International Bank for Reconstruction & Development                                       | CUSIP: 459058GE7<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    350000 | PA      | $338506.00    | 0.01%             | 2027-11-22      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Houston Electric LLC                                          | CenterPoint Energy Houston Electric LLC                                                   | CUSIP: 15189XAV0<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88034.00     | 0.00%             | 2031-04-01      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| PNC Bank NA                                                                      | PNC Bank NA                                                                               | CUSIP: 69353RFJ2<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |    250000 | PA      | $243182.50    | 0.00%             | 2028-01-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                          | CUSIP: 124857AF0<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44588.00     | 0.00%             | 2040-10-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| KENVUE INC                                                                       | Kenvue Inc                                                                                | CUSIP: 49177JAH5<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153807.00    | 0.00%             | 2030-03-22      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VMB3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    262586 | PA      | $211419.75    | 0.00%             | 2050-05-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJPR5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    161328 | PA      | $155288.11    | 0.00%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PAL0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    700000 | PA      | $544026.00    | 0.01%             | 2048-11-15      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities Inc                                              | Alexandria Real Estate Equities Inc                                                       | CUSIP: 015271AU3<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |    150000 | PA      | $148831.50    | 0.00%             | 2030-12-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                 | Commonwealth Financing Authority                                                          | CUSIP: 20281PKG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $179703.40    | 0.00%             | 2038-06-01      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CLW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  22350000 | PA      | $22142214.96  | 0.42%             | 2034-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Peru Government International Bonds                                              | Peru Government International Bonds                                                       | CUSIP: 715638DP4<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    300000 | PA      | $236064.00    | 0.00%             | 2032-12-01      | Fixed         | 1.86%                 | No            |                  2 | On Loan: No      |
| Hydro-Quebec                                                                     | Hydro-Quebec                                                                              | CUSIP: 448814DC4<br>LEI: 6THEVG93PYJH84S4D167 | Long             | DBT              | NUSS              | CA        |    100000 | PA      | $116933.00    | 0.00%             | 2029-12-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140BQ2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    225000 | PA      | $221820.75    | 0.00%             | 2027-03-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DU75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1015544 | PA      | $899444.24    | 0.02%             | 2035-12-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                                        | CUSIP: 74456QCM6<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45495.50     | 0.00%             | 2053-03-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Securities Trust                                       | JPMDB Commercial Mortgage Securities Trust 2018-C8                                        | CUSIP: 46591AAZ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    242120 | PA      | $236961.97    | 0.00%             | 2051-06-15      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF ALBERTA                                                              | Province of Alberta Canada                                                                | CUSIP: 013051EA1<br>LEI: LQPXMHHNJKIPJYE53543 | Long             | DBT              | NUSS              | CA        |    200000 | PA      | $196098.00    | 0.00%             | 2028-03-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                              | CUSIP: 29250NBE4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $95887.50     | 0.00%             | 2051-08-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| TWDC Enterprises 18 Corp                                                         | TWDC Enterprises 18 Corp                                                                  | CUSIP: 25468PDN3<br>LEI: 7260JQNI6SCF9FIV2392 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65981.00     | 0.00%             | 2046-07-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| STRYKER CORP                                                                     | Stryker Corp                                                                              | CUSIP: 863667BL4<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151638.00    | 0.00%             | 2030-02-10      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| University of Pittsburgh-of the Commonwealth System of Higher Education          | University of Pittsburgh-of the Commonwealth System of Higher Education                   | CUSIP: 91335VKQ8<br>LEI: 5493002C83QSGL8ETT42 | Long             | DBT              | MUN               | US        |    100000 | PA      | $61573.30     | 0.00%             | 2119-09-15      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | Fiserv Inc                                                                                | CUSIP: 337738BE7<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    175000 | PA      | $178377.50    | 0.00%             | 2033-03-02      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417DTN3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    189761 | PA      | $170777.04    | 0.00%             | 2042-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Suncor Energy Inc                                                                | Suncor Energy Inc                                                                         | CUSIP: 867229AE6<br>LEI: 549300W70ZOQDVLCHY06 | Long             | DBT              | CORP              | CA        |     75000 | PA      | $78186.75     | 0.00%             | 2038-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Reynolds American Inc                                                            | Reynolds American Inc                                                                     | CUSIP: 761713BA3<br>LEI: 02S2RPPVO9RP4NEU2740 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150361.50    | 0.00%             | 2035-08-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J52V0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    416553 | PA      | $390460.16    | 0.01%             | 2047-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AON CORP/AON GLOBAL HOLD                                                         | Aon Corp / Aon Global Holdings PLC                                                        | CUSIP: 03740LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    100000 | PA      | $59767.00     | 0.00%             | 2051-08-23      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINL HLDGS LTD                                                           | Fairfax Financial Holdings Ltd                                                            | CUSIP: 303901BU5<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $95238.00     | 0.00%             | 2055-03-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LBJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $165488.00    | 0.00%             | 2053-01-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RJL7<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86396.00     | 0.00%             | 2045-07-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc                                                                     | QUALCOMM Inc                                                                              | CUSIP: 747525AU7<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    350000 | PA      | $344267.00    | 0.01%             | 2027-05-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YAR5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1423088 | PA      | $1386991.09   | 0.03%             | 2053-07-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EXB0<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255280.00    | 0.00%             | 2028-07-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                                    | CUSIP: 045167FW8<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $497940.00    | 0.01%             | 2028-04-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PCZ3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78374.00     | 0.00%             | 2047-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HIGHWOODS REALTY LP                                                              | Highwoods Realty LP                                                                       | CUSIP: 431282AS1<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              |  | US        |    100000 | PA      | $90168.00     | 0.00%             | 2030-02-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                          | CUSIP: 05526DBY0<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156385.50    | 0.00%             | 2031-02-20      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| TotalEnergies Capital International SA                                           | TotalEnergies Capital International SA                                                    | CUSIP: 89153VAV1<br>LEI: 549300U37G2I8G4RUG09 | Long             | DBT              | CORP              | FR        |    450000 | PA      | $289116.00    | 0.01%             | 2050-05-29      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| CENCORA INC                                                                      | Cencora Inc                                                                               | CUSIP: 03073EAW5<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100881.00    | 0.00%             | 2029-12-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR INC                                                                  | Caterpillar Inc                                                                           | CUSIP: 149123CJ8<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |    250000 | PA      | $171142.50    | 0.00%             | 2050-04-09      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| American Financial Group Inc/OH                                                  | American Financial Group Inc/OH                                                           | CUSIP: 025932AL8<br>LEI: 549300AFOM7IVKIU1G39 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78913.00     | 0.00%             | 2047-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                         | CUSIP: 478160AV6<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140151.00    | 0.00%             | 2040-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 89114TZT2<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $243190.00    | 0.00%             | 2027-03-10      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J5GF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    366141 | PA      | $367957.02    | 0.01%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                                    | CUSIP: 202795JP6<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    150000 | PA      | $113313.00    | 0.00%             | 2049-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                                         | Devon Energy Corp                                                                         | CUSIP: 25179MAL7<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |    150000 | PA      | $134683.50    | 0.00%             | 2041-07-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWMC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1778861 | PA      | $1826006.51   | 0.03%             | 2054-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D3J9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1268057 | PA      | $1087836.66   | 0.02%             | 2051-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202ES83<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     30148 | PA      | $30305.36     | 0.00%             | 2038-05-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122EC8<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    275000 | PA      | $289756.50    | 0.01%             | 2063-11-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                                       | CUSIP: 015271AZ2<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |    175000 | PA      | $114136.75    | 0.00%             | 2052-03-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Exxon Mobil Corp                                                                 | Exxon Mobil Corp                                                                          | CUSIP: 30231GAY8<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    150000 | PA      | $114946.50    | 0.00%             | 2039-08-16      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XBU9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2450298 | PA      | $2333659.67   | 0.04%             | 2052-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                                                | General Mills Inc                                                                         | CUSIP: 370334CQ5<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85799.00     | 0.00%             | 2031-10-14      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                                                         | Targa Resources Partners LP / Targa Resources Partners Finance Corp                       | CUSIP: 87612BBU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $160224.75    | 0.00%             | 2032-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XTC0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    411462 | PA      | $401244.07    | 0.01%             | 2053-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LEND                                                          | Blackstone Secured Lending Fund                                                           | CUSIP: 09261XAD4<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95064.00     | 0.00%             | 2027-02-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV7B5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5350234 | PA      | $4203061.28   | 0.08%             | 2050-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810SP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12501000 | PA      | $5998526.72   | 0.11%             | 2050-08-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397B51<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $185258.00    | 0.00%             | 2028-02-16      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NAY7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     50000 | PA      | $54495.50     | 0.00%             | 2039-07-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162CY4<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    219000 | PA      | $125793.60    | 0.00%             | 2053-09-01      | Fixed         | 2.77%                 | No            |                  2 | On Loan: No      |
| BLUE OWL CREDIT INCOME                                                           | Blue Owl Credit Income Corp                                                               | CUSIP: 69120VAM3<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96762.00     | 0.00%             | 2026-09-23      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CLB5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12200000 | PA      | $12236933.55  | 0.23%             | 2026-07-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                                                 | Georgia Power Co                                                                          | CUSIP: 373334LA7<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101345.00    | 0.00%             | 2031-03-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CGB1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5700000 | PA      | $5683078.13   | 0.11%             | 2029-12-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | Lloyds Banking Group PLC                                                                  | CUSIP: 53944YAQ6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $139488.00    | 0.00%             | 2046-12-14      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| VALERO ENERGY CORP                                                               | Valero Energy Corp                                                                        | CUSIP: 91913YBD1<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |    200000 | PA      | $131166.00    | 0.00%             | 2051-12-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3142GS4H8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2046035 | PA      | $2042217.45   | 0.04%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WXH6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1340423 | PA      | $1077615.88   | 0.02%             | 2052-02-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OP                                                              | Invitation Homes Operating Partnership LP                                                 | CUSIP: 46188BAF9<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              |  | US        |    100000 | PA      | $99804.00     | 0.00%             | 2033-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ABBOTT LABORATORIES                                                              | Abbott Laboratories                                                                       | CUSIP: 002824BQ2<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |    150000 | PA      | $130984.50    | 0.00%             | 2030-06-30      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 17327CAQ6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    550000 | PA      | $484071.50    | 0.01%             | 2033-01-25      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                                  | CUSIP: 471048CX4<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    300000 | PA      | $304524.00    | 0.01%             | 2028-07-19      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                          | CUSIP: 42217KAX4<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |    150000 | PA      | $160828.50    | 0.00%             | 2041-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280EQ8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $200476.00    | 0.00%             | 2029-03-03      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CNQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     88172 | PA      | $86005.24     | 0.00%             | 2032-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                            | CUSIP: 61761JZN2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    350000 | PA      | $346878.00    | 0.01%             | 2027-04-23      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON NATIONAL BANK                                                         | Huntington National Bank/The                                                              | CUSIP: 44644MAF8<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249597.50    | 0.00%             | 2028-05-17      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| WISCONSIN POWER & LIGHT                                                          | Wisconsin Power and Light Co                                                              | CUSIP: 976826BS5<br>LEI: JWBYHVQVMY66CVCOSO49 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100254.00    | 0.00%             | 2034-03-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TYCO ELECTRONICS GROUP S                                                         | Tyco Electronics Group SA                                                                 | CUSIP: 902133AG2<br>LEI: C33G1C5SYE2YM95EE712 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $114212.00    | 0.00%             | 2037-10-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VBQ5<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    250000 | PA      | $196487.50    | 0.00%             | 2048-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TELUS CORP                                                                       | TELUS Corp                                                                                | CUSIP: 87971MBW2<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $133963.50    | 0.00%             | 2032-05-13      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                                               | Vodafone Group PLC                                                                        | CUSIP: 92857WBZ2<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $91132.00     | 0.00%             | 2063-02-10      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | Maryland Health & Higher Educational Facilities Authority                                 | CUSIP: 57421CAW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $97259.40     | 0.00%             | 2050-07-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QEBC5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    361634 | PA      | $300504.61    | 0.01%             | 2050-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJQ78<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    172032 | PA      | $159499.53    | 0.00%             | 2042-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ascension Health                                                                 | Ascension Health                                                                          | CUSIP: 04352EAB1<br>LEI: 549300IMOY6ECI21DH68 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76470.00     | 0.00%             | 2039-11-15      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140FE5P5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     40645 | PA      | $37967.86     | 0.00%             | 2047-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | Diamondback Energy Inc                                                                    | CUSIP: 25278XAW9<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95695.00     | 0.00%             | 2053-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216CQ1<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81070.00     | 0.00%             | 2050-03-25      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EM80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    184324 | PA      | $184517.62    | 0.00%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                                         | Duke Energy Progress LLC                                                                  | CUSIP: 26442UAR5<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138328.50    | 0.00%             | 2053-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400HU0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151681.50    | 0.00%             | 2028-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                               | CUSIP: 931142FP3<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    275000 | PA      | $275211.75    | 0.01%             | 2035-04-28      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MDN7<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $205674.00    | 0.00%             | 2031-07-09      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | Fiserv Inc                                                                                | CUSIP: 337738AV0<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    375000 | PA      | $294675.00    | 0.01%             | 2049-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Resources Corp                                                | CenterPoint Energy Resources Corp                                                         | CUSIP: 15189WAL4<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98709.00     | 0.00%             | 2028-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                                                           | Morgan Stanley Bank NA                                                                    | CUSIP: 61690U8E3<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252150.00    | 0.00%             | 2028-07-14      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YFL3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1700986 | PA      | $1698467.07   | 0.03%             | 2053-09-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EQUITABLE HOLDINGS INC                                                           | Equitable Holdings Inc                                                                    | CUSIP: 29452EAC5<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76460.25     | 0.00%             | 2033-01-11      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                                                                   | Starbucks Corp                                                                            | CUSIP: 855244AM1<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    150000 | PA      | $107521.50    | 0.00%             | 2047-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CHK0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8000000 | PA      | $8032812.48   | 0.15%             | 2028-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EASTMAN CHEMICAL CO                                                              | Eastman Chemical Co                                                                       | CUSIP: 277432AX8<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102581.00    | 0.00%             | 2033-03-08      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                               | CUSIP: 302154DK2<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $137350.00    | 0.00%             | 2041-06-29      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D56Q0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1189010 | PA      | $1081184.92   | 0.02%             | 2035-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ESSENTIAL UTILITIES INC                                                          | Essential Utilities Inc                                                                   | CUSIP: 29670GAG7<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88193.00     | 0.00%             | 2052-05-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 3620A9VX6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    110721 | PA      | $109097.65    | 0.00%             | 2039-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJUV0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     14155 | PA      | $13408.77     | 0.00%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust 2017-C4                                      | Citigroup Commercial Mortgage Trust 2017-C4                                               | CUSIP: 17326FAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5700000 | PA      | $5531906.43   | 0.10%             | 2050-10-12      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172DR7<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198798.00    | 0.00%             | 2028-04-28      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                                              | Gilead Sciences Inc                                                                       | CUSIP: 375558BA0<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    350000 | PA      | $298980.50    | 0.01%             | 2045-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SQW0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1224823 | PA      | $1110122.83   | 0.02%             | 2046-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132XWN49<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    209881 | PA      | $189944.14    | 0.00%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                         | CUSIP: 639057AN8<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $203858.00    | 0.00%             | 2035-03-01      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PDF6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $143750.00    | 0.00%             | 2047-10-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QDDN1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    283705 | PA      | $245441.70    | 0.00%             | 2050-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CPE8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1289380 | PA      | $1165260.08   | 0.02%             | 2047-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HF SINCLAIR CORP                                                                 | HF Sinclair Corp                                                                          | CUSIP: 403949AR1<br>LEI: 2549009G116AM01XHN24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100567.00    | 0.00%             | 2031-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                                    | Boeing Co/The                                                                             | CUSIP: 097023CB9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $69006.00     | 0.00%             | 2048-11-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE CHILDREN HOSP                                                         | Nationwide Children's Hospital Inc                                                        | CUSIP: 63861UAA7<br>LEI: 549300P18KU1WR8JWZ05 | Long             | DBT              | CORP              | US        |     75000 | PA      | $63037.50     | 0.00%             | 2052-11-01      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| EUROPEAN BK RECON & DEV                                                          | European Bank for Reconstruction & Development                                            | CUSIP: 29874QFB5<br>LEI: 549300HTGDOVDU6OGK19 | Long             | DBT              | NUSS              | XX        |    250000 | PA      | $246792.50    | 0.00%             | 2034-03-13      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DYH9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    692033 | PA      | $586738.08    | 0.01%             | 2041-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680BJ1<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154542.00    | 0.00%             | 2028-11-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                            | CUSIP: 594918BZ6<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141498.00    | 0.00%             | 2037-02-06      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162DT4<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    800000 | PA      | $762520.00    | 0.01%             | 2053-03-02      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822DG6<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $203342.00    | 0.00%             | 2031-01-16      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397G31<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194944.00    | 0.00%             | 2031-11-05      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Bank of America NA                                                               | Bank of America NA                                                                        | CUSIP: 06050TJZ6<br>LEI: B4TYDEB6GKMZO031MB27 | Long             | DBT              | CORP              | US        |    168000 | PA      | $174350.40    | 0.00%             | 2036-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                                                             | Boston Properties LP                                                                      | CUSIP: 10112RBE3<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |    150000 | PA      | $124158.00    | 0.00%             | 2032-04-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWBH5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   8066493 | PA      | $6309409.37   | 0.12%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QGL88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    364232 | PA      | $283391.33    | 0.01%             | 2051-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XEX0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    175000 | PA      | $176365.00    | 0.00%             | 2027-07-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| NEW MOUNTAIN FINANCE COR                                                         | New Mountain Finance Corp                                                                 | CUSIP: 647551AF7<br>LEI: 549300L1MPTT1H7SES77 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75846.00     | 0.00%             | 2029-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc                                                  | Philip Morris International Inc                                                           | CUSIP: 718172CJ6<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143850.00    | 0.00%             | 2029-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YDG1<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $202964.00    | 0.00%             | 2035-07-10      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| LINDE INC/CT                                                                     | Linde Inc/CT                                                                              | CUSIP: 74005PBT0<br>LEI: ZU69GUVJQGZ6Z1UOOO79 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85164.00     | 0.00%             | 2030-08-10      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                          | CUSIP: 06368LAQ9<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $201192.00    | 0.00%             | 2027-09-14      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Indonesia Government International Bonds                                         | Indonesia Government International Bonds                                                  | CUSIP: 455780CF1<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    250000 | PA      | $249062.50    | 0.00%             | 2028-04-24      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D55J7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    295417 | PA      | $274896.39    | 0.01%             | 2035-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | Diamondback Energy Inc                                                                    | CUSIP: 25278XAR0<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    150000 | PA      | $135628.50    | 0.00%             | 2031-03-24      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WJK56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    655958 | PA      | $574263.23    | 0.01%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Interstate Power & Light Co                                                      | Interstate Power and Light Co                                                             | CUSIP: 461070AR5<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |    100000 | PA      | $68547.00     | 0.00%             | 2049-09-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DHM7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    106715 | PA      | $95806.18     | 0.00%             | 2049-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XMMT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    440387 | PA      | $447483.83    | 0.01%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Dominion Energy South Carolina Inc                                               | Dominion Energy South Carolina Inc                                                        | CUSIP: 837004BX7<br>LEI: 3QRVFYR22IUIEOORTK28 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151815.00    | 0.00%             | 2033-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140CE8<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    300000 | PA      | $302511.00    | 0.01%             | 2028-02-10      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PED0<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    300000 | PA      | $260400.00    | 0.00%             | 2031-05-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Allstate Corp/The                                                                | Allstate Corp/The                                                                         | CUSIP: 020002BC4<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79561.00     | 0.00%             | 2046-12-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWB69<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4095931 | PA      | $3358009.52   | 0.06%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AON CORP/AON GLOBAL HOLD                                                         | Aon Corp / Aon Global Holdings PLC                                                        | CUSIP: 03740LAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    100000 | PA      | $100433.00    | 0.00%             | 2032-09-12      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748BD3<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    125000 | PA      | $99668.75     | 0.00%             | 2048-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VBV4<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    300000 | PA      | $284859.00    | 0.01%             | 2029-07-31      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| GXO LOGISTICS INC                                                                | GXO Logistics Inc                                                                         | CUSIP: 36262GAB7<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72261.00     | 0.00%             | 2026-07-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| PECO ENERGY CO                                                                   | PECO Energy Co                                                                            | CUSIP: 693304BD8<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |     75000 | PA      | $62262.75     | 0.00%             | 2052-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ENTERGY CORP                                                                     | Entergy Corp                                                                              | CUSIP: 29364GAN3<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139245.00    | 0.00%             | 2028-06-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137HAAG1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    800000 | PA      | $777045.74    | 0.01%             | 2033-05-25      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138X0Y36<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     36884 | PA      | $33017.11     | 0.00%             | 2043-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XLNC8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4036298 | PA      | $3196715.48   | 0.06%             | 2052-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216CR9<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197940.00    | 0.00%             | 2027-03-25      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31416YT81<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     28457 | PA      | $28009.70     | 0.00%             | 2041-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WLN6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2570533 | PA      | $2067038.54   | 0.04%             | 2051-08-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128P8CQ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     66232 | PA      | $62224.66     | 0.00%             | 2036-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818FU7<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    200000 | PA      | $177664.00    | 0.00%             | 2031-05-20      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                          | CUSIP: 92556HAD9<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    150000 | PA      | $135172.50    | 0.00%             | 2032-05-19      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                                                            | Huntington Bancshares Inc/OH                                                              | CUSIP: 446150BC7<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104269.00    | 0.00%             | 2029-08-21      | Fixed         | 6.21%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                                                    | J M Smucker Co/The                                                                        | CUSIP: 832696AM0<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91106.00     | 0.00%             | 2035-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400HQ9<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149635.50    | 0.00%             | 2027-06-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FDB0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1564770 | PA      | $1550019.81   | 0.03%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                                    | CUSIP: 045167GB3<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    350000 | PA      | $343889.00    | 0.01%             | 2034-01-12      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128LXKB5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     56500 | PA      | $59817.26     | 0.00%             | 2036-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132A5GL3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    119456 | PA      | $104614.08    | 0.00%             | 2047-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ascension Health                                                                 | Ascension Health                                                                          | CUSIP: 04351LAB6<br>LEI: 549300IMOY6ECI21DH68 | Long             | DBT              | CORP              | US        |    150000 | PA      | $117604.50    | 0.00%             | 2046-11-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818FL7<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    125000 | PA      | $82708.75     | 0.00%             | 2070-02-05      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                                      | CUSIP: 94106LBU2<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99061.00     | 0.00%             | 2033-02-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081ET0<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74401.50     | 0.00%             | 2035-06-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PECO Energy Co                                                                   | PECO Energy Co                                                                            | CUSIP: 693304AS6<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81011.00     | 0.00%             | 2044-10-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Southwestern Electric Power Co                                                   | Southwestern Electric Power Co                                                            | CUSIP: 845437BN1<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |    150000 | PA      | $110022.00    | 0.00%             | 2045-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BK/NY                                                         | National Australia Bank Ltd/New York                                                      | CUSIP: 63253QAE4<br>LEI: 549300E2IPL06NDXMZ63 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $254875.00    | 0.00%             | 2028-06-13      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWAP8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1768332 | PA      | $1454416.30   | 0.03%             | 2050-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                               | CUSIP: 797440BM5<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87432.00     | 0.00%             | 2040-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 96950FAF1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207654.00    | 0.00%             | 2040-04-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group Inc                                               | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822BH6<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    300000 | PA      | $292239.00    | 0.01%             | 2029-03-07      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                                 | CUSIP: 674599EL5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    200000 | PA      | $189458.00    | 0.00%             | 2034-10-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 172967PN5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200360.00    | 0.00%             | 2034-11-19      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280CT4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $437890.00    | 0.01%             | 2032-05-24      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc                                              | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MBC3<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $246415.00    | 0.00%             | 2028-07-19      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                                   | CUSIP: 808513BY0<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    240000 | PA      | $232459.20    | 0.00%             | 2027-03-03      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                                     | CUSIP: 882508CE2<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125833.75    | 0.00%             | 2027-02-08      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Southern California Edison Co                                                    | Southern California Edison Co                                                             | CUSIP: 842400GY3<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $56577.00     | 0.00%             | 2051-02-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| FORD FOUNDATION/THE                                                              | Ford Foundation/The                                                                       | CUSIP: 34531XAB0<br>LEI: 54930013YZ3DULPNNT44 | Long             | DBT              | CORP              | US        |    125000 | PA      | $71388.75     | 0.00%             | 2050-06-01      | Fixed         | 2.42%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                                        | CUSIP: 907818EM6<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    150000 | PA      | $109975.50    | 0.00%             | 2051-10-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CHQ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8000000 | PA      | $8060937.52   | 0.15%             | 2028-07-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31410LTW2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    398776 | PA      | $363342.30    | 0.01%             | 2046-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue              | Metropolitan Washington Airports Authority Dulles Toll Road Revenue                       | CUSIP: 592643AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $114604.90    | 0.00%             | 2046-10-01      | Fixed         | 7.46%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 913017CA5<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    175000 | PA      | $140388.50    | 0.00%             | 2045-05-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179RVC0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    312474 | PA      | $294687.05    | 0.01%             | 2045-12-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DUC4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    368997 | PA      | $326940.46    | 0.01%             | 2035-11-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PFL1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    500000 | PA      | $467910.00    | 0.01%             | 2054-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| State Board of Administration Finance Corp                                       | State Board of Administration Finance Corp.                                               | CUSIP: 341271AF1<br>LEI: 549300S34SOJ0RULXM35 | Long             | DBT              | MUN               | US        |    600000 | PA      | $531049.80    | 0.01%             | 2030-07-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| WRKCO INC                                                                        | WRKCo Inc                                                                                 | CUSIP: 92940PAG9<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |    150000 | PA      | $128916.00    | 0.00%             | 2033-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X8P92<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4556883 | PA      | $3604173.92   | 0.07%             | 2050-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128P8CG4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    422201 | PA      | $396947.55    | 0.01%             | 2036-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CEP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  18550000 | PA      | $17112375.00  | 0.32%             | 2032-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| BLACKROCK FUNDING INC                                                            | BlackRock Funding Inc                                                                     | CUSIP: 09290DAH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $151302.00    | 0.00%             | 2027-07-26      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308HY6<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $138462.00    | 0.00%             | 2047-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GJN0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    200000 | PA      | $138550.00    | 0.00%             | 2052-03-13      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York                                                                          | CUSIP: 64966Q7G9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    200000 | PA      | $202329.40    | 0.00%             | 2053-10-01      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YAU8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    210669 | PA      | $215566.48    | 0.00%             | 2053-07-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135BX3<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    500000 | PA      | $485210.00    | 0.01%             | 2026-05-12      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| APPALACHIAN POWER CO                                                             | Appalachian Power Co                                                                      | CUSIP: 037735CZ8<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |    150000 | PA      | $132783.00    | 0.00%             | 2031-04-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                                         | Corebridge Financial Inc                                                                  | CUSIP: 21871XAD1<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246147.50    | 0.00%             | 2027-04-05      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                                                                | Ares Capital Corp                                                                         | CUSIP: 04010LBF9<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152068.50    | 0.00%             | 2029-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                               | CUSIP: 302154EJ4<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $201484.00    | 0.00%             | 2028-01-14      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                                        | CUSIP: 756109CB8<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    100000 | PA      | $97649.00     | 0.00%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91087BAX8<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    600000 | PA      | $528786.00    | 0.01%             | 2053-05-04      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M7QP4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     84492 | PA      | $83623.75     | 0.00%             | 2039-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                             | CUSIP: 571903BR3<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100263.00    | 0.00%             | 2030-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| MANITOBA (PROVINCE OF)                                                           | Province of Manitoba Canada                                                               | CUSIP: 563469UL7<br>LEI: 5493003QILFOB3JRKE30 | Long             | DBT              | NUSS              | CA        |    230000 | PA      | $225068.80    | 0.00%             | 2026-06-22      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                                                 | Hewlett Packard Enterprise Co                                                             | CUSIP: 42824CBR9<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199724.00    | 0.00%             | 2026-09-25      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XCG4<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |    150000 | PA      | $152214.00    | 0.00%             | 2028-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DMES0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1020252 | PA      | $893489.16    | 0.02%             | 2047-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PDY5<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $104923.50    | 0.00%             | 2040-05-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076BA9<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    205000 | PA      | $170851.10    | 0.00%             | 2043-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                                | CUSIP: 254709AT5<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    150000 | PA      | $171730.50    | 0.00%             | 2034-11-02      | Fixed         | 7.96%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36180NAR6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     24165 | PA      | $21497.92     | 0.00%             | 2043-04-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BLUE OWL CAPITAL CORP                                                            | Blue Owl Capital Corp                                                                     | CUSIP: 69121KAH7<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200034.00    | 0.00%             | 2029-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Alabama Power Co                                                                 | Alabama Power Co                                                                          | CUSIP: 010392FR4<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |    100000 | PA      | $73927.00     | 0.00%             | 2047-12-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AGREE LP                                                                         | Agree LP                                                                                  | CUSIP: 008513AA1<br>LEI: 549300DXY3G299V1BO77 | Long             | DBT              |  | US        |    150000 | PA      | $136168.50    | 0.00%             | 2030-10-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                                                           | Asian Development Bank                                                                    | CUSIP: 045167DR1<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    400000 | PA      | $389208.00    | 0.01%             | 2026-08-14      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140CN8<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100324.00    | 0.00%             | 2031-02-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ASIAN INFRASTRUCTURE INV                                                         | Asian Infrastructure Investment Bank/The                                                  | CUSIP: 04522KAL0<br>LEI: 25490065OSV2524LCR32 | Long             | DBT              | NUSS              | XX        |    500000 | PA      | $502975.00    | 0.01%             | 2029-01-18      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QPFK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    779797 | PA      | $697355.74    | 0.01%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PROV OF NEW BRUNSWICK                                                            | Province of New Brunswick Canada                                                          | CUSIP: 642869AM3<br>LEI: 549300POZA55ZTGSOU44 | Long             | DBT              | NUSS              | CA        |    150000 | PA      | $148006.50    | 0.00%             | 2028-02-24      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CRE                                                           | Blackstone Private Credit Fund                                                            | CUSIP: 09261HBS5<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73437.75     | 0.00%             | 2030-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RPM International Inc                                                            | RPM International Inc                                                                     | CUSIP: 749685AW3<br>LEI: 549300TJCKW4BRXPJ474 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81513.00     | 0.00%             | 2048-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417GWB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     25545 | PA      | $23635.50     | 0.00%             | 2043-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 88339WAC0<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    225000 | PA      | $221240.25    | 0.00%             | 2034-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418ECQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1576448 | PA      | $1288532.05   | 0.02%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS                                                           | Zimmer Biomet Holdings Inc                                                                | CUSIP: 98956PAZ5<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98791.00     | 0.00%             | 2034-09-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| TC PipeLines LP                                                                  | TC PipeLines LP                                                                           | CUSIP: 87233QAC2<br>LEI: 6HL0C5LCIE4TN8UZHL06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98673.00     | 0.00%             | 2027-05-25      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                                     | NiSource Inc                                                                              | CUSIP: 65473PAU9<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    125000 | PA      | $120843.75    | 0.00%             | 2055-04-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214EF6<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $239715.00    | 0.00%             | 2034-07-24      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| NORTHEASTERN UNIVERSITY                                                          | Northeastern University                                                                   | CUSIP: 664675AT2<br>LEI: 549300I2J5CUY7XEVC78 | Long             | DBT              | CORP              | US        |     75000 | PA      | $47736.00     | 0.00%             | 2050-10-01      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                                  | CUSIP: 126408GU1<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97800.00     | 0.00%             | 2041-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GWB6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    600000 | PA      | $595254.00    | 0.01%             | 2027-01-26      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| PAYCHEX INC                                                                      | Paychex Inc                                                                               | CUSIP: 704326AA5<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |    250000 | PA      | $253470.00    | 0.00%             | 2030-04-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| MARATHON PETROLEUM CORP                                                          | Marathon Petroleum Corp                                                                   | CUSIP: 56585ABL5<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148515.00    | 0.00%             | 2035-03-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WCU0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    100590 | PA      | $92579.58     | 0.00%             | 2036-04-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Ecolab Inc                                                                       | Ecolab Inc                                                                                | CUSIP: 278865BD1<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146625.00    | 0.00%             | 2027-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179MQP8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     79186 | PA      | $72652.87     | 0.00%             | 2042-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XPHD4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    353085 | PA      | $354233.03    | 0.01%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                               | CUSIP: 797440BW3<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $75783.00     | 0.00%             | 2048-05-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Agilent Technologies Inc                                                         | Agilent Technologies Inc                                                                  | CUSIP: 00846UAK7<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98226.00     | 0.00%             | 2026-09-22      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135CG9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    250000 | PA      | $244655.00    | 0.00%             | 2029-04-13      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                                              | Abbott Laboratories                                                                       | CUSIP: 002824BH2<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |    576000 | PA      | $533980.80    | 0.01%             | 2046-11-30      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Inc                                                                | Kinder Morgan Inc                                                                         | CUSIP: 49456BAJ0<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    200000 | PA      | $170952.00    | 0.00%             | 2046-02-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                                                      | Exelon Corp                                                                               | CUSIP: 30161NBJ9<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203570.00    | 0.00%             | 2028-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                                                    | J M Smucker Co/The                                                                        | CUSIP: 832696AU2<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |     75000 | PA      | $62640.75     | 0.00%             | 2032-03-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                                    | CUSIP: 045167FV0<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    350000 | PA      | $343899.50    | 0.01%             | 2033-01-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allstate Corp/The                                                                | Allstate Corp/The                                                                         | CUSIP: 020002BD2<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98304.00     | 0.00%             | 2026-12-15      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| Republic of Italy Government International Bond                                  | Republic of Italy Government International Bond                                           | CUSIP: 465410BZ0<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    550000 | PA      | $389873.00    | 0.01%             | 2049-10-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140BM1<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    400000 | PA      | $315036.00    | 0.01%             | 2050-03-25      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830BZ1<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100780.00    | 0.00%             | 2028-05-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Leggett & Platt Inc                                                              | Leggett & Platt Inc                                                                       | CUSIP: 524660AZ0<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95965.00     | 0.00%             | 2029-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Oglethorpe Power Corp                                                            | Oglethorpe Power Corp                                                                     | CUSIP: 677052AA0<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190122.00    | 0.00%             | 2040-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Lear Corp                                                                        | Lear Corp                                                                                 | CUSIP: 521865BA2<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48733.50     | 0.00%             | 2029-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                                                   | Whirlpool Corp                                                                            | CUSIP: 963320AX4<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71409.00     | 0.00%             | 2050-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Burlington Northern Santa Fe LLC                                                 | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189TAX2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $54407.50     | 0.00%             | 2036-08-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                                                    | Allstate Corp/The                                                                         | CUSIP: 020002BK6<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151965.00    | 0.00%             | 2033-03-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| YALE UNIVERSITY                                                                  | Yale University                                                                           | CUSIP: 98459LAC7<br>LEI: 9SFB6DIM0FRWV0EV8S84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $57153.00     | 0.00%             | 2050-04-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RBA9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72475.50     | 0.00%             | 2041-08-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36241LL79<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    361094 | PA      | $364112.86    | 0.01%             | 2040-07-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Israel                                                                  | Israel Government International Bond                                                      | CUSIP: 46513YJH2<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    200000 | PA      | $191844.00    | 0.00%             | 2028-01-17      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Archer-Daniels-Midland Co                                                        | Archer-Daniels-Midland Co                                                                 | CUSIP: 039483BE1<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87790.00     | 0.00%             | 2042-03-26      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132GRKB6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     94308 | PA      | $87438.29     | 0.00%             | 2042-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Puget Sound Energy Inc                                                           | Puget Sound Energy Inc                                                                    | CUSIP: 745332CA2<br>LEI: 8MNFJR7KOMBQ7X62LK44 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75884.25     | 0.00%             | 2039-10-01      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                                 | CUSIP: 037833AL4<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    580000 | PA      | $475582.60    | 0.01%             | 2043-05-04      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Finance Corp                                                  | Berkshire Hathaway Finance Corp                                                           | CUSIP: 084664CX7<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    100000 | PA      | $58170.00     | 0.00%             | 2051-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BLUE OWL TECHNOLOGY FIN                                                          | Blue Owl Technology Finance Corp II                                                       | CUSIP: 69121JAB3<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125923.75    | 0.00%             | 2029-04-04      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                             | CUSIP: 345370BR0<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50859.00     | 0.00%             | 2046-11-01      | Fixed         | 7.40%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York                                                                          | CUSIP: 64966SHZ2<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    200000 | PA      | $190473.20    | 0.00%             | 2044-10-01      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119CZ0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152334.00    | 0.00%             | 2030-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                                | CUSIP: 500630ED6<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |    500000 | PA      | $502130.00    | 0.01%             | 2029-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661EH6<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    300000 | PA      | $279339.00    | 0.01%             | 2032-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111GH0<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152749.50    | 0.00%             | 2034-05-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830CA5<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147436.50    | 0.00%             | 2034-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BK AUSTR NY                                                         | Commonwealth Bank of Australia/New York NY                                                | CUSIP: 20271RAU4<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $251425.00    | 0.00%             | 2026-11-27      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                                | CUSIP: 91159HJA9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    250000 | PA      | $213105.00    | 0.00%             | 2030-07-22      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| International Paper Co                                                           | International Paper Co                                                                    | CUSIP: 460146CQ4<br>LEI: 824LMFJDH41EY779Q875 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78186.00     | 0.00%             | 2047-08-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                               | Meta Platforms Inc                                                                        | CUSIP: 30303M8Q8<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    500000 | PA      | $489705.00    | 0.01%             | 2053-05-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TKD6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200192.00    | 0.00%             | 2029-06-29      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CT95<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    650975 | PA      | $568831.72    | 0.01%             | 2048-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CUMMINS INC                                                                      | Cummins Inc                                                                               | CUSIP: 231021AS5<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | DBT              | CORP              | US        |    150000 | PA      | $86706.00     | 0.00%             | 2050-09-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DGK2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    201139 | PA      | $166421.09    | 0.00%             | 2049-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc                                                                     | Enbridge Inc                                                                              | CUSIP: 29250NAM7<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $92544.00     | 0.00%             | 2046-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                                    | CUSIP: 202795JA9<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77865.00     | 0.00%             | 2042-10-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO                                                                  | DTE Electric Co                                                                           | CUSIP: 23338VAN6<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93858.00     | 0.00%             | 2028-04-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X5HJ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    326771 | PA      | $318290.47    | 0.01%             | 2030-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CKG5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12300000 | PA      | $12395613.31  | 0.23%             | 2029-03-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XKUA6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    758306 | PA      | $781913.49    | 0.01%             | 2053-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc                                                  | Philip Morris International Inc                                                           | CUSIP: 718172AM1<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    200000 | PA      | $170618.00    | 0.00%             | 2041-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                              | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KBW9<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    300000 | PA      | $278022.00    | 0.01%             | 2028-06-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QGBZ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    990802 | PA      | $845231.48    | 0.02%             | 2050-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WT5U6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     12458 | PA      | $12230.23     | 0.00%             | 2028-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738ECL7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $268730.00    | 0.01%             | 2034-09-13      | Fixed         | 6.69%                 | No            |                  2 | On Loan: No      |
| HP INC                                                                           | HP Inc                                                                                    | CUSIP: 40434LAJ4<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |    200000 | PA      | $173362.00    | 0.00%             | 2031-06-17      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844BH0<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89688.00     | 0.00%             | 2041-10-01      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122DL9<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    250000 | PA      | $209697.50    | 0.00%             | 2048-02-20      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 94973VAY3<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    200000 | PA      | $171084.00    | 0.00%             | 2042-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MMSA2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     12052 | PA      | $11793.20     | 0.00%             | 2029-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31402CV74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    160489 | PA      | $162214.00    | 0.00%             | 2034-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QBTN8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    264961 | PA      | $238886.12    | 0.00%             | 2049-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31419AU88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     23018 | PA      | $22126.55     | 0.00%             | 2040-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                                 | CUSIP: 037833DB3<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    350000 | PA      | $341540.50    | 0.01%             | 2027-09-12      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138W92S8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1395991 | PA      | $1326651.55   | 0.02%             | 2043-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6H29<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    492926 | PA      | $485864.77    | 0.01%             | 2040-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172DG1<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202550.00    | 0.00%             | 2029-02-13      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                          | CUSIP: 22822VAZ4<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    200000 | PA      | $194014.00    | 0.00%             | 2027-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                                                          | Southern Co Gas Capital Corp                                                              | CUSIP: 8426EPAH1<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96633.00     | 0.00%             | 2034-09-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CLS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13000000 | PA      | $13017011.67  | 0.24%             | 2026-10-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                                                         | Cheniere Energy Partners LP                                                               | CUSIP: 16411QAG6<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    250000 | PA      | $245142.50    | 0.00%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Southwest Airlines Co                                                            | Southwest Airlines Co                                                                     | CUSIP: 844741BE7<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96849.00     | 0.00%             | 2027-11-16      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                              | CUSIP: 25160PAN7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    250000 | PA      | $255960.00    | 0.00%             | 2027-07-13      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| ERP Operating LP                                                                 | ERP Operating LP                                                                          | CUSIP: 26884ABF9<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |    100000 | PA      | $97888.00     | 0.00%             | 2026-11-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804GC2<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    125000 | PA      | $81637.50     | 0.00%             | 2049-12-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36213FZ48<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    358144 | PA      | $328608.60    | 0.01%             | 2042-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds                                       | Philippines Government International Bonds                                                | CUSIP: 718286CJ4<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    200000 | PA      | $181682.00    | 0.00%             | 2030-05-05      | Fixed         | 2.46%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WHRL8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    391912 | PA      | $356998.93    | 0.01%             | 2046-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                                | CUSIP: 444859BT8<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96097.00     | 0.00%             | 2029-03-23      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                             | CUSIP: 501044DJ7<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98527.00     | 0.00%             | 2027-08-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| SWEDISH EXPORT CREDIT                                                            | Svensk Exportkredit AB                                                                    | CUSIP: 87031CAL7<br>LEI: 1FOLRR5RWTWWI397R131 | Long             | DBT              | NUSS              | SE        |    200000 | PA      | $200740.00    | 0.00%             | 2028-06-14      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | Maryland Economic Development Corp.                                                       | CUSIP: 574205JJ0<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    100000 | PA      | $92806.70     | 0.00%             | 2056-05-31      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| Halliburton Co                                                                   | Halliburton Co                                                                            | CUSIP: 406216AY7<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |    200000 | PA      | $228334.00    | 0.00%             | 2039-09-15      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| TIMKEN CO                                                                        | Timken Co/The                                                                             | CUSIP: 887389AL8<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92113.00     | 0.00%             | 2032-04-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                                                            | Continental Resources Inc/OK                                                              | CUSIP: 212015AQ4<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76896.00     | 0.00%             | 2044-06-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                                        | CUSIP: 756109BL7<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     75000 | PA      | $64750.50     | 0.00%             | 2032-12-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS CO                                                               | Ameren Illinois Co                                                                        | CUSIP: 02361DBB5<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95256.00     | 0.00%             | 2054-07-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CHH7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7500000 | PA      | $7498828.13   | 0.14%             | 2026-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| TRUSTEES PRINCETON UNIV                                                          | Trustees of Princeton University/The                                                      | CUSIP: 89837LAG0<br>LEI: 549300PJZYINN64GDJ90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $60094.00     | 0.00%             | 2050-07-01      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWBG7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3229805 | PA      | $2390407.33   | 0.04%             | 2051-04-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                                                          | Arthur J Gallagher & Co                                                                   | CUSIP: 04316JAB5<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $61098.00     | 0.00%             | 2052-03-09      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                                            | Micron Technology Inc                                                                     | CUSIP: 595112CB7<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102685.00    | 0.00%             | 2033-09-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue            | Regents of the University of California Medical Center Pooled Revenue                     | CUSIP: 913366DF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $78804.60     | 0.00%             | 2049-05-15      | Fixed         | 6.58%                 | No            |                  2 | On Loan: No      |
| MGIC INVESTMENT CORP                                                             | MGIC Investment Corp                                                                      | CUSIP: 552848AG8<br>LEI: 254900S8483WM4M98R28 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99314.00     | 0.00%             | 2028-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406RBN6<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150595.50    | 0.00%             | 2029-02-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                               | CUSIP: 797440CA0<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |    150000 | PA      | $91635.00     | 0.00%             | 2051-08-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                                  | CUSIP: 298785JW7<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    800000 | PA      | $785352.00    | 0.01%             | 2030-07-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                                      | CUSIP: 961214EY5<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    200000 | PA      | $141060.00    | 0.00%             | 2041-11-18      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SSR9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    359999 | PA      | $338556.08    | 0.01%             | 2046-12-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081EQ6<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156444.00    | 0.00%             | 2034-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QUBV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2631877 | PA      | $2611755.69   | 0.05%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY FLORIDA LLC                                                          | Duke Energy Florida LLC                                                                   | CUSIP: 26444HAK7<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87018.00     | 0.00%             | 2031-12-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Indonesia Government International Bonds                                         | Indonesia Government International Bonds                                                  | CUSIP: 455780CS3<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    300000 | PA      | $289377.00    | 0.01%             | 2030-10-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC                                                             | Freeport-McMoRan Inc                                                                      | CUSIP: 35671DCC7<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150153.00    | 0.00%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D6M9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    285177 | PA      | $250616.86    | 0.00%             | 2041-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VIATRIS INC                                                                      | Viatris Inc                                                                               | CUSIP: 92556VAE6<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |    250000 | PA      | $177835.00    | 0.00%             | 2040-06-22      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CFZ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8100000 | PA      | $8100632.85   | 0.15%             | 2027-11-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                                     | NiSource Inc                                                                              | CUSIP: 65473PAP0<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75475.50     | 0.00%             | 2033-06-30      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                         | CUSIP: 49456BAP6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199444.00    | 0.00%             | 2028-03-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| REVVITY INC                                                                      | Revvity Inc                                                                               | CUSIP: 714046AJ8<br>LEI: 549300IKL1SDPFI7N655 | Long             | DBT              | CORP              | US        |     50000 | PA      | $33044.50     | 0.00%             | 2051-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DUWX1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1891361 | PA      | $1878463.40   | 0.04%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Applied Materials Inc                                                            | Applied Materials Inc                                                                     | CUSIP: 038222AK1<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76167.75     | 0.00%             | 2035-10-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418ELX6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2074680 | PA      | $2017082.01   | 0.04%             | 2052-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418C3D4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    331566 | PA      | $309124.16    | 0.01%             | 2048-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                                      | CUSIP: 539830BS7<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $116316.00    | 0.00%             | 2053-06-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Church & Dwight Co Inc                                                           | Church & Dwight Co Inc                                                                    | CUSIP: 171340AL6<br>LEI: POOXSI30AWAQGYJZC921 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76450.00     | 0.00%             | 2047-08-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ACZ6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152241.00    | 0.00%             | 2028-03-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                                | CUSIP: 91159HJU5<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    300000 | PA      | $299559.00    | 0.01%             | 2036-02-12      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| MAIN STREET CAPITAL CORP                                                         | Main Street Capital Corp                                                                  | CUSIP: 56035LAE4<br>LEI: 5493001FS9QJLJNF3E20 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97238.00     | 0.00%             | 2026-07-14      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477CG6<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104455.00    | 0.00%             | 2034-11-21      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                         | CUSIP: 49456BAU5<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96136.00     | 0.00%             | 2026-11-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds                                             | Chile Government International Bonds                                                      | CUSIP: 168863DU9<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    200000 | PA      | $118236.00    | 0.00%             | 2071-09-21      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                                                             | Howmet Aerospace Inc                                                                      | CUSIP: 022249AU0<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105514.00    | 0.00%             | 2028-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MIDAMERICAN ENERGY CO                                                            | MidAmerican Energy Co                                                                     | CUSIP: 595620AV7<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65838.00     | 0.00%             | 2050-04-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| UNION ELECTRIC CO                                                                | Union Electric Co                                                                         | CUSIP: 906548CR1<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |    200000 | PA      | $186888.00    | 0.00%             | 2030-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                               | CUSIP: 302154EA3<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $200788.00    | 0.00%             | 2027-01-11      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| XL GROUP LTD                                                                     | XL Group Ltd                                                                              | CUSIP: 98420EAB1<br>LEI: 213800AJ4DD69YLNL348 | Long             | DBT              | CORP              | BM        |     55000 | PA      | $52138.35     | 0.00%             | 2043-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138YHVY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    105135 | PA      | $101499.99    | 0.00%             | 2030-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| OTIS WORLDWIDE CORP                                                              | Otis Worldwide Corp                                                                       | CUSIP: 68902VAM9<br>LEI: 549300ZLBKR8VSU25153 | Long             | DBT              | CORP              | US        |    125000 | PA      | $83928.75     | 0.00%             | 2050-02-15      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46625HNJ5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250087.50    | 0.00%             | 2027-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CKA8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $10026171.90  | 0.19%             | 2027-02-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VCZ5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    720000 | PA      | $593740.80    | 0.01%             | 2055-03-15      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| EVERGY METRO                                                                     | Evergy Metro Inc                                                                          | CUSIP: 485134BM1<br>LEI: 1128SIJQ26096WL7IO82 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94524.00     | 0.00%             | 2041-10-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132CWTN4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    855505 | PA      | $754660.14    | 0.01%             | 2036-10-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| EVERGY KANSAS CENTRAL                                                            | Evergy Kansas Central Inc                                                                 | CUSIP: 30036FAA9<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |     50000 | PA      | $33688.00     | 0.00%             | 2050-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYS83<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    207284 | PA      | $184035.64    | 0.00%             | 2040-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | Diamondback Energy Inc                                                                    | CUSIP: 25278XAY5<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151894.50    | 0.00%             | 2030-01-30      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CFT3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6500000 | PA      | $6516250.00   | 0.12%             | 2029-10-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DQ54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    174232 | PA      | $162075.90    | 0.00%             | 2035-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417YQK6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     89810 | PA      | $88944.18     | 0.00%             | 2030-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                         | CUSIP: 494553AE0<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149485.50    | 0.00%             | 2034-02-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BLUE OWL FINANCE LLC                                                             | Blue Owl Finance LLC                                                                      | CUSIP: 09581JAU0<br>LEI: 254900OF2NO2GYFV5T41 | Long             | DBT              | CORP              | US        |     75000 | PA      | $49949.25     | 0.00%             | 2051-10-07      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Highwoods Realty LP                                                              | Highwoods Realty LP                                                                       | CUSIP: 431282AR3<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              |  | US        |    100000 | PA      | $96093.00     | 0.00%             | 2029-04-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                                | CUSIP: 717081CY7<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    460000 | PA      | $536944.20    | 0.01%             | 2039-03-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J7UA1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    108169 | PA      | $105435.66    | 0.00%             | 2032-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457CY2<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    250000 | PA      | $244820.00    | 0.00%             | 2055-02-12      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 912828X88<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $9713867.20   | 0.18%             | 2027-05-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397D26<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202374.00    | 0.00%             | 2026-06-10      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31419DTW1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     53185 | PA      | $49226.98     | 0.00%             | 2040-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967KU4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    350000 | PA      | $344977.50    | 0.01%             | 2028-07-25      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DKB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     36623 | PA      | $32507.18     | 0.00%             | 2040-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418C7E8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     67292 | PA      | $62737.33     | 0.00%             | 2049-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROCKWELL AUTOMATION                                                              | Rockwell Automation Inc                                                                   | CUSIP: 773903AM1<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $55942.00     | 0.00%             | 2061-08-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                                                            | PACCAR Financial Corp                                                                     | CUSIP: 69371RR32<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72883.50     | 0.00%             | 2026-05-11      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                             | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $937540.00    | 0.02%             | 2050-05-01      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179RQ28<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    691861 | PA      | $628744.34    | 0.01%             | 2045-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                                | CUSIP: 14040HCY9<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    250000 | PA      | $253155.00    | 0.00%             | 2034-02-01      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810RS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4717800 | PA      | $3187832.23   | 0.06%             | 2046-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PBE5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    650000 | PA      | $599605.50    | 0.01%             | 2030-10-15      | Fixed         | 2.74%                 | No            |                  2 | On Loan: No      |
| Church & Dwight Co Inc                                                           | Church & Dwight Co Inc                                                                    | CUSIP: 171340AN2<br>LEI: POOXSI30AWAQGYJZC921 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97531.00     | 0.00%             | 2027-08-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335A5E4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    146884 | PA      | $131650.46    | 0.00%             | 2043-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COLGATE-PALMOLIVE CO                                                             | Colgate-Palmolive Co                                                                      | CUSIP: 194162AR4<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76236.00     | 0.00%             | 2028-03-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                                                         | Citizens Financial Group Inc                                                              | CUSIP: 174610AT2<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138601.50    | 0.00%             | 2030-04-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AON GLOBAL LTD                                                                   | Aon Global Ltd                                                                            | CUSIP: 00185AAH7<br>LEI: VVT2B79I2Z4U3R6BY589 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $85576.00     | 0.00%             | 2045-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DES7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     34079 | PA      | $29450.78     | 0.00%             | 2049-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PCU8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    500000 | PA      | $442490.00    | 0.01%             | 2033-01-25      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280ER6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $200544.00    | 0.00%             | 2031-03-03      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                                       | CUSIP: 03027XBV1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    150000 | PA      | $147666.00    | 0.00%             | 2027-03-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| UNUM GROUP                                                                       | Unum Group                                                                                | CUSIP: 91529YAR7<br>LEI: 549300E32YFDO6TZ8R31 | Long             | DBT              | CORP              | US        |    100000 | PA      | $72547.00     | 0.00%             | 2051-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                              | CUSIP: 29250NBY0<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $159001.50    | 0.00%             | 2030-11-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200KY6<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148465.50    | 0.00%             | 2033-02-06      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RHW5<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148513.50    | 0.00%             | 2027-02-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ASIAN INFRASTRUCTURE INV                                                         | Asian Infrastructure Investment Bank/The                                                  | CUSIP: 04522KAH9<br>LEI: 25490065OSV2524LCR32 | Long             | DBT              | NUSS              | XX        |    300000 | PA      | $299004.00    | 0.01%             | 2027-09-14      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                       | Intel Corp                                                                                | CUSIP: 458140AN0<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137838.00    | 0.00%             | 2032-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                                   | CUSIP: 3130AFFX0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   2850000 | PA      | $2792316.00   | 0.05%             | 2028-11-16      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJZQ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    136323 | PA      | $119538.11    | 0.00%             | 2047-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                            | CUSIP: 00914AAS1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    150000 | PA      | $131472.00    | 0.00%             | 2032-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TCW3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     74305 | PA      | $65541.08     | 0.00%             | 2047-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 3620AASJ8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     52268 | PA      | $51525.20     | 0.00%             | 2039-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816CP2<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    300000 | PA      | $294639.00    | 0.01%             | 2027-05-03      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J6FN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    210053 | PA      | $201124.82    | 0.00%             | 2037-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31419DL74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    130778 | PA      | $129221.99    | 0.00%             | 2040-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                                                          | Southern Co Gas Capital Corp                                                              | CUSIP: 8426EPAC2<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79036.00     | 0.00%             | 2047-05-30      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                                                  | State of Israel                                                                           | CUSIP: 46513JXN6<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    350000 | PA      | $217483.00    | 0.00%             | 2050-01-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                                                | Travelers Cos Inc/The                                                                     | CUSIP: 792860AK4<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |    150000 | PA      | $168900.00    | 0.00%             | 2036-06-20      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| University of Michigan                                                           | University of Michigan                                                                    | CUSIP: 914455UJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $190870.50    | 0.00%             | 2122-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets America Inc                                                   | BP Capital Markets America Inc                                                            | CUSIP: 10373QAE0<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    350000 | PA      | $348253.50    | 0.01%             | 2028-11-06      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWMY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2830998 | PA      | $2804310.79   | 0.05%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BAT Capital Corp                                                                 | BAT Capital Corp                                                                          | CUSIP: 05526DBQ7<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86236.00     | 0.00%             | 2050-04-02      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135CF1<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    400000 | PA      | $394660.00    | 0.01%             | 2027-04-13      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DNV83<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2362299 | PA      | $2307515.88   | 0.04%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                                                                  | AstraZeneca PLC                                                                           | CUSIP: 046353AT5<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $148747.50    | 0.00%             | 2029-01-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                                                      | NVIDIA Corp                                                                               | CUSIP: 67066GAH7<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |    425000 | PA      | $311767.25    | 0.01%             | 2050-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ENTERGY MISSISSIPPI LLC                                                          | Entergy Mississippi LLC                                                                   | CUSIP: 29366WAE6<br>LEI: 54930043I78H35DVVW89 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73053.75     | 0.00%             | 2054-06-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| OAKTREE SPECIALTY LEND                                                           | Oaktree Specialty Lending Corp                                                            | CUSIP: 67401PAC2<br>LEI: 549300J6MGCEU5928620 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47404.00     | 0.00%             | 2027-01-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WJQ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2046389 | PA      | $1645600.30   | 0.03%             | 2051-07-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Southwestern Public Service Co                                                   | Southwestern Public Service Co                                                            | CUSIP: 845743BR3<br>LEI: OL6FE7QD5EQ3DOYEO258 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71563.00     | 0.00%             | 2047-08-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RKF8<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    100000 | PA      | $62839.00     | 0.00%             | 2061-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE BANK NA                                                          | JPMorgan Chase Bank NA                                                                    | CUSIP: 48125LRU8<br>LEI: 7H6GLXDRUGQFU57RNE97 | Long             | DBT              | CORP              | US        |    350000 | PA      | $354000.50    | 0.01%             | 2026-12-08      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140MMJ90<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1396517 | PA      | $1267357.45   | 0.02%             | 2037-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CAV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19450000 | PA      | $16484634.72  | 0.31%             | 2030-11-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XFC5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197514.00    | 0.00%             | 2035-01-07      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DPMN5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1754095 | PA      | $1820212.47   | 0.03%             | 2053-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BHP Billiton Finance USA Ltd                                                     | BHP Billiton Finance USA Ltd                                                              | CUSIP: 055451AV0<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | CORP              | AU        |    450000 | PA      | $415714.50    | 0.01%             | 2043-09-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138A8Y42<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     90144 | PA      | $88725.19     | 0.00%             | 2041-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| APA CORP                                                                         | APA Corp                                                                                  | CUSIP: 03743QAS7<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90492.00     | 0.00%             | 2055-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE TELEKOM INT FIN                                                         | Deutsche Telekom International Finance BV                                                 | CUSIP: 25156PAD5<br>LEI: 529900ERDFHS6C1M4U58 | Long             | DBT              | CORP              | NL        |    150000 | PA      | $186264.00    | 0.00%             | 2032-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| NIKE INC                                                                         | NIKE Inc                                                                                  | CUSIP: 654106AK9<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |    350000 | PA      | $327106.50    | 0.01%             | 2030-03-27      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810PX0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1481000 | PA      | $1475214.84   | 0.03%             | 2038-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46625HRX0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147249.00    | 0.00%             | 2027-12-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | Port Authority of New York & New Jersey                                                   | CUSIP: 73358WXQ2<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    170000 | PA      | $147701.78    | 0.00%             | 2065-10-15      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DV74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6718974 | PA      | $5248725.19   | 0.10%             | 2051-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BAT Capital Corp                                                                 | BAT Capital Corp                                                                          | CUSIP: 05526DBD6<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    450000 | PA      | $395896.50    | 0.01%             | 2037-08-15      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XM2T2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1228776 | PA      | $1112920.44   | 0.02%             | 2037-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds                                             | Chile Government International Bonds                                                      | CUSIP: 168863DS4<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    550000 | PA      | $401016.00    | 0.01%             | 2041-05-07      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140JQQQ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    139389 | PA      | $125140.30    | 0.00%             | 2049-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | Diamondback Energy Inc                                                                    | CUSIP: 25278XAT6<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    150000 | PA      | $109804.50    | 0.00%             | 2052-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                                                      | Exelon Corp                                                                               | CUSIP: 30161NBQ3<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    175000 | PA      | $174567.75    | 0.00%             | 2055-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities Inc                                              | Alexandria Real Estate Equities Inc                                                       | CUSIP: 015271AX7<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |    150000 | PA      | $87900.00     | 0.00%             | 2051-05-18      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SRW9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     42509 | PA      | $40639.90     | 0.00%             | 2031-12-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119CA5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    500000 | PA      | $466490.00    | 0.01%             | 2030-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Oregon School Boards Association                                                 | Oregon School Boards Association                                                          | CUSIP: 686053BN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195522 | PA      | $197440.93    | 0.00%             | 2028-06-30      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                                     | CUSIP: 89788MAE2<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    250000 | PA      | $231152.50    | 0.00%             | 2029-06-07      | Fixed         | 1.89%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                                      | CUSIP: 969457BZ2<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145311.00    | 0.00%             | 2032-08-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140FPCV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     56987 | PA      | $51649.89     | 0.00%             | 2047-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137FJXQ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1178005 | PA      | $1173471.70   | 0.02%             | 2025-08-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YU44<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    484829 | PA      | $458726.10    | 0.01%             | 2054-04-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | Dominion Energy Inc                                                                       | CUSIP: 25746UDT3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    175000 | PA      | $181207.25    | 0.00%             | 2055-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YDL5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    683925 | PA      | $694701.23    | 0.01%             | 2053-08-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KITE REALTY GROUP LP                                                             | Kite Realty Group LP                                                                      | CUSIP: 49803XAE3<br>LEI: 549300X6R2GYI8Y3OD81 | Long             | DBT              |  | US        |     75000 | PA      | $74674.50     | 0.00%             | 2034-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                          | CUSIP: 191216DT4<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    300000 | PA      | $284658.00    | 0.01%             | 2064-05-13      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MFY5<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152146.50    | 0.00%             | 2034-05-17      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| COOPERAT RABOBANK UA/NY                                                          | Cooperatieve Rabobank UA/NY                                                               | CUSIP: 21688ABK7<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $254197.50    | 0.00%             | 2028-01-21      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | CommonSpirit Health                                                                       | CUSIP: 20268JAC7<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |    100000 | PA      | $75213.00     | 0.00%             | 2049-10-01      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                                                     | AutoZone Inc                                                                              | CUSIP: 053332BE1<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100553.00    | 0.00%             | 2026-07-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                                                             | Targa Resources Corp                                                                      | CUSIP: 87612GAM3<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    175000 | PA      | $171776.50    | 0.00%             | 2035-08-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                                 | CUSIP: 674599DE2<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     75000 | PA      | $82678.50     | 0.00%             | 2031-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EMT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    753958 | PA      | $749665.31    | 0.01%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ESSENT GROUP LTD                                                                 | Essent Group Ltd                                                                          | CUSIP: 29669JAA7<br>LEI: 254900QUO860OUT6ZF83 | Long             | DBT              | CORP              | BM        |    100000 | PA      | $103046.00    | 0.00%             | 2029-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Shire Acquisitions Investments Ireland DAC                                       | Shire Acquisitions Investments Ireland DAC                                                | CUSIP: 82481LAD1<br>LEI: 549300XK5HGW68R8K327 | Long             | DBT              | CORP              | IE        |    285000 | PA      | $280622.40    | 0.01%             | 2026-09-23      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280DU0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    450000 | PA      | $465489.00    | 0.01%             | 2029-03-09      | Fixed         | 6.16%                 | No            |                  2 | On Loan: No      |
| UBS AG STAMFORD CT                                                               | UBS AG/Stamford CT                                                                        | CUSIP: 22550L2G5<br>LEI: 254900R882POXXVAK772 | Long             | DBT              | CORP              | CH        |    250000 | PA      | $240880.00    | 0.00%             | 2026-08-07      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JBX1<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     78000 | PA      | $71242.08     | 0.00%             | 2052-10-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179QYS4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     50464 | PA      | $46163.94     | 0.00%             | 2045-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc                                                        | Rogers Communications Inc                                                                 | CUSIP: 775109BB6<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    180000 | PA      | $156826.80    | 0.00%             | 2044-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418MHU9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    147063 | PA      | $150843.63    | 0.00%             | 2039-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J7VX0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    478956 | PA      | $443580.27    | 0.01%             | 2045-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TENNESSEE GAS PIPELINE                                                           | Tennessee Gas Pipeline Co LLC                                                             | CUSIP: 880451AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $107081.00    | 0.00%             | 2028-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X7LT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    802830 | PA      | $781921.81    | 0.01%             | 2033-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Aflac Inc                                                                        | Aflac Inc                                                                                 | CUSIP: 001055AY8<br>LEI: 549300N0B7DOGLXWPP39 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84175.00     | 0.00%             | 2049-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| POTOMAC ELECTRIC POWER                                                           | Potomac Electric Power Co                                                                 | CUSIP: 737679DE7<br>LEI: 549300BXF2DWUNN57U06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81240.00     | 0.00%             | 2043-03-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF MIAMI                                                              | University of Miami                                                                       | CUSIP: 914453AA3<br>LEI: 5493008ZSVWUNRYQE312 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76493.00     | 0.00%             | 2052-04-01      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES                                                           | PPL Electric Utilities Corp                                                               | CUSIP: 69351UBC6<br>LEI: 549300GCZLSGYEYPIR35 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147826.50    | 0.00%             | 2034-02-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| SOLVENTUM CORP                                                                   | Solventum Corp                                                                            | CUSIP: 83444MAP6<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255202.50    | 0.00%             | 2029-03-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                                  | CUSIP: 471048CY2<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $204970.00    | 0.00%             | 2028-10-18      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                                    | CUSIP: 202795JG6<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82405.00     | 0.00%             | 2045-11-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418BK96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    100018 | PA      | $94737.73     | 0.00%             | 2034-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                                                         | Anheuser-Busch InBev Worldwide Inc                                                        | CUSIP: 03523TBY3<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201562.00    | 0.00%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                                   | CUSIP: 06417XAE1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $128679.00    | 0.00%             | 2032-02-02      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Reliance Steel & Aluminum Co                                                     | Reliance Inc                                                                              | CUSIP: 759509AG7<br>LEI: 549300E287ZOFT3C5Z56 | Long             | DBT              | CORP              | US        |    200000 | PA      | $175360.00    | 0.00%             | 2030-08-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| DTE Electric Co                                                                  | DTE Electric Co                                                                           | CUSIP: 23338VAE6<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |    250000 | PA      | $189455.00    | 0.00%             | 2045-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810UC0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13000000 | PA      | $11628906.25  | 0.22%             | 2054-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PBD7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    450000 | PA      | $434623.50    | 0.01%             | 2030-05-06      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CMS ENERGY CORP                                                                  | CMS Energy Corp                                                                           | CUSIP: 125896BY5<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    175000 | PA      | $172900.00    | 0.00%             | 2055-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CKE0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $10052929.70  | 0.19%             | 2027-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                               | CUSIP: 13648TAE7<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $89209.00     | 0.00%             | 2045-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818FW3<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $61938.00     | 0.00%             | 2052-03-10      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                                | Johnson & Johnson                                                                         | CUSIP: 478160CT9<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    250000 | PA      | $133695.00    | 0.00%             | 2060-09-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWBU6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2540133 | PA      | $2084077.79   | 0.04%             | 2051-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CDY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19100000 | PA      | $16570742.28  | 0.31%             | 2032-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 31329KXR0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    138607 | PA      | $129081.89    | 0.00%             | 2038-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179NFE3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     18097 | PA      | $17757.54     | 0.00%             | 2028-06-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                                        | CUSIP: 86765BAV1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $172644.00    | 0.00%             | 2047-10-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179NDR6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    532913 | PA      | $488729.85    | 0.01%             | 2043-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PDP4<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146656.50    | 0.00%             | 2028-12-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810RB6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5672800 | PA      | $4288282.25   | 0.08%             | 2043-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Indonesia Government International Bonds                                         | Indonesia Government International Bonds                                                  | CUSIP: 455780DX1<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $193930.00    | 0.00%             | 2034-09-10      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Memorial Sloan-Kettering Cancer Center                                           | Memorial Sloan-Kettering Cancer Center                                                    | CUSIP: 586054AC2<br>LEI: 549300IZ71UAMEHWL382 | Long             | DBT              | CORP              | US        |    190000 | PA      | $149286.80    | 0.00%             | 2055-07-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Grand Parkway Transportation Corp                                                | Grand Parkway Transportation Corp.                                                        | CUSIP: 38611TAV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $96125.80     | 0.00%             | 2042-10-01      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| Duke Energy Indiana LLC                                                          | Duke Energy Indiana LLC                                                                   | CUSIP: 263901AA8<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |    100000 | PA      | $107120.00    | 0.00%             | 2038-08-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162CU2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    200000 | PA      | $181450.00    | 0.00%             | 2030-02-21      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                           | CUSIP: 126650BJ8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77361.00     | 0.00%             | 2027-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Hasbro Inc                                                                       | Hasbro Inc                                                                                | CUSIP: 418056AV9<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97282.00     | 0.00%             | 2027-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                                    | Boeing Co/The                                                                             | CUSIP: 097023BA2<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97514.00     | 0.00%             | 2040-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NORTHWELL HEALTHCARE INC                                                         | Northwell Healthcare Inc                                                                  | CUSIP: 667274AD6<br>LEI: 54930073NUTKK4QD3P47 | Long             | DBT              | CORP              | US        |    100000 | PA      | $70615.00     | 0.00%             | 2049-11-01      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| ACCENTURE CAPITAL INC                                                            | Accenture Capital Inc                                                                     | CUSIP: 00440KAB9<br>LEI: 254900FRO0P7RIINYT25 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197532.00    | 0.00%             | 2029-10-04      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co                                                          | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122AU2<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    100000 | PA      | $72989.00     | 0.00%             | 2042-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                                                  | Chevron USA Inc                                                                           | CUSIP: 166756BE5<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |    125000 | PA      | $126275.00    | 0.00%             | 2032-04-15      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                                                  | Israel Government International Bond                                                      | CUSIP: 46513JB34<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    350000 | PA      | $311776.50    | 0.01%             | 2030-07-03      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                                     | CUSIP: 882508BK9<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48109.00     | 0.00%             | 2026-09-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc                                                                     | Enbridge Inc                                                                              | CUSIP: 29250NAR6<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $147634.50    | 0.00%             | 2027-07-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| TransCanada PipeLines Ltd                                                        | TransCanada PipeLines Ltd                                                                 | CUSIP: 89352HAL3<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |     75000 | PA      | $67315.50     | 0.00%             | 2043-10-16      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PFIZER INVESTMENT ENTER                                                          | Pfizer Investment Enterprises Pte Ltd                                                     | CUSIP: 716973AF9<br>LEI: 5493000FQO8XF9C0RT95 | Long             | DBT              | CORP              | SG        |    575000 | PA      | $536670.50    | 0.01%             | 2043-05-19      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PAR7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    400000 | PA      | $394016.00    | 0.01%             | 2029-04-23      | Fixed         | 4.01%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                           | CUSIP: 842587DQ7<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202590.00    | 0.00%             | 2028-06-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31419DD99<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    234060 | PA      | $224997.03    | 0.00%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748BS0<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104970.00    | 0.00%             | 2052-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                                | CUSIP: 717081EP4<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196890.00    | 0.00%             | 2028-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                              | CUSIP: 29250NCC7<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $201998.00    | 0.00%             | 2034-04-05      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| JBS USA SARL/FOOD/GRP                                                            | JBS USA LUX Sarl / JBS USA Food Co / JBS USA Foods Group                                  | CUSIP: 472140AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $153228.00    | 0.00%             | 2035-04-20      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Tyson Foods Inc                                                                  | Tyson Foods Inc                                                                           | CUSIP: 902494AZ6<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47858.50     | 0.00%             | 2034-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Exxon Mobil Corp                                                                 | Exxon Mobil Corp                                                                          | CUSIP: 30231GAN2<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    230000 | PA      | $172159.60    | 0.00%             | 2045-03-06      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| Dignity Health                                                                   | Dignity Health                                                                            | CUSIP: 254010AB7<br>LEI: TFVG45LTYVO3XKPZWP18 | Long             | DBT              | CORP              | US        |     50000 | PA      | $41088.00     | 0.00%             | 2042-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 75513ECV1<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    175000 | PA      | $185907.75    | 0.00%             | 2031-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DULB1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1150388 | PA      | $1144527.54   | 0.02%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 912828ZQ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14205000 | PA      | $12086457.49  | 0.23%             | 2030-05-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                               | CUSIP: 302154DW6<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $203522.00    | 0.00%             | 2033-01-11      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2019-1 AA PTT                                                         | United Airlines 2019-1 Class AA Pass Through Trust                                        | CUSIP: 90931CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65758 | PA      | $62239.66     | 0.00%             | 2031-08-25      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Corp                                                                | Toyota Motor Corp                                                                         | CUSIP: 892331AD1<br>LEI: 5493006W3QUS5LMH6R84 | Long             | DBT              | CORP              | JP        |    150000 | PA      | $147786.00    | 0.00%             | 2028-07-20      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 912828YQ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4301000 | PA      | $4161805.53   | 0.08%             | 2026-10-31      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                                                                | Ares Capital Corp                                                                         | CUSIP: 04010LBA0<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145431.00    | 0.00%             | 2026-07-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308KJ5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152713.50    | 0.00%             | 2033-01-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                                                  | Deere & Co                                                                                | CUSIP: 244199BL8<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205132.00    | 0.00%             | 2035-01-16      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EUB3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48641.50     | 0.00%             | 2028-01-06      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EWA3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96065.00     | 0.00%             | 2027-01-11      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                                   | CUSIP: 808513BC8<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50593.00     | 0.00%             | 2030-03-22      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                          | CUSIP: 06368FAC3<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $240200.00    | 0.00%             | 2026-09-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                             | CUSIP: 744448CN9<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |    200000 | PA      | $145334.00    | 0.00%             | 2047-06-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                         | CUSIP: 639057AP3<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $207680.00    | 0.00%             | 2034-06-01      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                                                             | Targa Resources Corp                                                                      | CUSIP: 87612KAA0<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101004.00    | 0.00%             | 2027-07-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                           | Canadian Imperial Bank of Commerce                                                        | CUSIP: 13607PVP6<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $200862.00    | 0.00%             | 2028-01-13      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CLR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13100000 | PA      | $13198250.00  | 0.25%             | 2029-10-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | Maryland Economic Development Corp.                                                       | CUSIP: 574205HW3<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |     75000 | PA      | $73321.88     | 0.00%             | 2057-05-31      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                         | CUSIP: 857477CA9<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147301.50    | 0.00%             | 2034-01-26      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| GATX Corp                                                                        | GATX Corp                                                                                 | CUSIP: 361448AU7<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     75000 | PA      | $66970.50     | 0.00%             | 2044-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| SSM HEALTH CARE                                                                  | SSM Health Care Corp                                                                      | CUSIP: 784710AC9<br>LEI: 5493000QP6H63JFPC580 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101044.00    | 0.00%             | 2028-06-01      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| CRH SMW FINANCE DAC                                                              | CRH SMW Finance DAC                                                                       | CUSIP: 12704PAA6<br>LEI: 54930044475SH442C864 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $203704.00    | 0.00%             | 2029-05-21      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UGD8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    104159 | PA      | $100315.36    | 0.00%             | 2048-11-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NSTAR ELECTRIC CO                                                                | NSTAR Electric Co                                                                         | CUSIP: 67021CAS6<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |    150000 | PA      | $122119.50    | 0.00%             | 2052-06-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818GD4<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88792.00     | 0.00%             | 2063-01-20      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| SMURFIT KAPPA TREASURY                                                           | Smurfit Kappa Treasury ULC                                                                | CUSIP: 83272GAF8<br>LEI: 635400B3DOXSWFOWJT40 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $190616.00    | 0.00%             | 2054-04-03      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36178EDM8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     48831 | PA      | $43442.05     | 0.00%             | 2043-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CATHOLIC HEALTH SERVICES                                                         | Catholic Health Services of Long Island Obligated Group                                   | CUSIP: 14918AAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $32734.50     | 0.00%             | 2050-07-01      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                                      | CUSIP: 743315AX1<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76220.00     | 0.00%             | 2050-03-26      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EXX2<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197966.00    | 0.00%             | 2031-09-08      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| TUCSON ELECTRIC POWER CO                                                         | Tucson Electric Power Co                                                                  | CUSIP: 898813AX8<br>LEI: YLF139GXSRKPBBTNZL03 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73473.75     | 0.00%             | 2055-04-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CEF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    282114 | PA      | $247062.64    | 0.00%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                                                         | Benchmark 2019-B13 Mortgage Trust                                                         | CUSIP: 08162DAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3500000 | PA      | $3247667.82   | 0.06%             | 2057-08-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                               | CUSIP: 29444UBE5<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |    200000 | PA      | $188384.00    | 0.00%             | 2029-11-18      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FB63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    154107 | PA      | $162641.09    | 0.00%             | 2054-08-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KYSW0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     23143 | PA      | $21168.90     | 0.00%             | 2040-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                         | Constellation Brands Inc                                                                  | CUSIP: 21036PBE7<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141375.00    | 0.00%             | 2029-08-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111FT5<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83700.00     | 0.00%             | 2048-12-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X6VR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     83691 | PA      | $81237.93     | 0.00%             | 2035-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | Louisiana Local Government Environmental Facilities & Community Development Authority     | CUSIP: 54627RAP5<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    100000 | PA      | $93726.82     | 0.00%             | 2039-08-01      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV6S9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    140679 | PA      | $104180.12    | 0.00%             | 2050-09-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Hess Corp                                                                        | Hess Corp                                                                                 | CUSIP: 42809HAH0<br>LEI: UASVRYNXNK17ULIGK870 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96646.00     | 0.00%             | 2047-04-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138A2W62<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     75487 | PA      | $74588.07     | 0.00%             | 2040-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162CR9<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    350000 | PA      | $264887.00    | 0.00%             | 2040-02-21      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| JOHNSON CONTROLS/TYCO FI                                                         | Johnson Controls International plc / Tyco Fire & Security Finance SCA                     | CUSIP: 47837RAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    100000 | PA      | $84808.00     | 0.00%             | 2031-09-16      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RFU1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88261.00     | 0.00%             | 2050-02-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                                       | CUSIP: 459058LA9<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    800000 | PA      | $796672.00    | 0.01%             | 2031-01-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BETH ISRAEL LAHEY HEALTH                                                         | Beth Israel Lahey Health Inc                                                              | CUSIP: 08661UAB2<br>LEI: 549300QPZ5W3279DU141 | Long             | DBT              | CORP              | US        |     50000 | PA      | $30323.50     | 0.00%             | 2051-07-01      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                                                   | Starbucks Corp                                                                            | CUSIP: 855244BF5<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98393.00     | 0.00%             | 2033-02-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELEC POWER                                                          | Southwestern Electric Power Co                                                            | CUSIP: 845437BU5<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98967.00     | 0.00%             | 2033-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140Q94R1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    361339 | PA      | $336870.57    | 0.01%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162DB3<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    200000 | PA      | $183560.00    | 0.00%             | 2028-08-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Healthcare Trust of America Holdings LP                                          | Healthcare Realty Holdings LP                                                             | CUSIP: 42225UAG9<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              |  | US        |    150000 | PA      | $137527.50    | 0.00%             | 2030-02-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EQKK7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    481969 | PA      | $441668.95    | 0.01%             | 2040-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHILDREN'S HOSPITAL MEDI                                                         | Children's Hospital Medical Center/Cincinnati OH                                          | CUSIP: 16876AAA2<br>LEI: 549300EKVCKSAOOWU002 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83625.00     | 0.00%             | 2044-05-15      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| MIDAMERICAN ENERGY CO                                                            | MidAmerican Energy Co                                                                     | CUSIP: 595620AZ8<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91905.00     | 0.00%             | 2055-02-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Regency Centers LP                                                               | Regency Centers LP                                                                        | CUSIP: 75884RAW3<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              |  | US        |    100000 | PA      | $81427.00     | 0.00%             | 2047-02-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CONAGRA BRANDS INC                                                               | Conagra Brands Inc                                                                        | CUSIP: 205887CF7<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |    250000 | PA      | $231460.00    | 0.00%             | 2027-11-01      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Fortune Brands Home & Security Inc                                               | Fortune Brands Innovations Inc                                                            | CUSIP: 34964CAE6<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93982.00     | 0.00%             | 2029-09-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AFRICAN DEVELOPMENT BANK                                                         | African Development Bank                                                                  | CUSIP: 00828EEY1<br>LEI: 549300LNCLMO3ITVCU07 | Long             | DBT              | NUSS              | XX        |    350000 | PA      | $353307.50    | 0.01%             | 2027-01-04      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| IDAHO POWER CO                                                                   | Idaho Power Co                                                                            | CUSIP: 45138LBF9<br>LEI: TN0LL73P2C8X3W6KM391 | Long             | DBT              | CORP              | US        |    150000 | PA      | $118000.50    | 0.00%             | 2048-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| FOX CORP                                                                         | Fox Corp                                                                                  | CUSIP: 35137LAK1<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |    300000 | PA      | $275373.00    | 0.01%             | 2049-01-25      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                                        | CUSIP: 74456QCR5<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95187.00     | 0.00%             | 2054-03-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| QUEST DIAGNOSTICS INC                                                            | Quest Diagnostics Inc                                                                     | CUSIP: 74834LBC3<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |    200000 | PA      | $179124.00    | 0.00%             | 2031-06-30      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XFH4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1468320 | PA      | $1397255.29   | 0.03%             | 2052-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QMRH9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1888170 | PA      | $1561537.02   | 0.03%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ameriprise Financial Inc                                                         | Ameriprise Financial Inc                                                                  | CUSIP: 03076CAH9<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196408.00    | 0.00%             | 2026-09-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                                        | CUSIP: 05971KAC3<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $190412.00    | 0.00%             | 2029-06-27      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128P7RX3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     14302 | PA      | $14158.45     | 0.00%             | 2031-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| D.R. HORTON INC                                                                  | DR Horton Inc                                                                             | CUSIP: 23331ABQ1<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95823.00     | 0.00%             | 2026-10-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076CJ9<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    250000 | PA      | $213330.00    | 0.00%             | 2031-09-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS Group AG                                                                              | CUSIP: 902613AY4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    250000 | PA      | $218567.50    | 0.00%             | 2045-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Takeda Pharmaceutical Co Ltd                                                     | Takeda Pharmaceutical Co Ltd                                                              | CUSIP: 874060AY2<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $145928.00    | 0.00%             | 2040-07-09      | Fixed         | 3.03%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280EF2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $304518.00    | 0.01%             | 2028-05-17      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| EQUIFAX INC                                                                      | Equifax Inc                                                                               | CUSIP: 294429AT2<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |    200000 | PA      | $171764.00    | 0.00%             | 2031-09-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X4UD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     51702 | PA      | $48619.85     | 0.00%             | 2047-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VCA9<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $126688.00    | 0.00%             | 2052-02-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Tyson Foods Inc                                                                  | Tyson Foods Inc                                                                           | CUSIP: 902494AY9<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $134115.00    | 0.00%             | 2044-08-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132AEB39<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    652441 | PA      | $628240.37    | 0.01%             | 2049-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MMXF5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    279089 | PA      | $268316.06    | 0.01%             | 2033-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH EDISON CO                                                           | Commonwealth Edison Co                                                                    | CUSIP: 202795JR2<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90194.00     | 0.00%             | 2030-03-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD                                                               | Athene Holding Ltd                                                                        | CUSIP: 04686JAF8<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $106162.00    | 0.00%             | 2033-02-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: —       |
| HOWMET AEROSPACE INC                                                             | Howmet Aerospace Inc                                                                      | CUSIP: 443201AB4<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95176.00     | 0.00%             | 2029-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                            | MidAmerican Energy Co                                                                     | CUSIP: 595620AL9<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89071.00     | 0.00%             | 2043-09-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                                                  | Cigna Group/The                                                                           | CUSIP: 125523CV0<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    225000 | PA      | $224876.25    | 0.00%             | 2034-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162DS6<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    500000 | PA      | $484940.00    | 0.01%             | 2043-03-02      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RLV2<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1049000 | PA      | $691909.91    | 0.01%             | 2059-09-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140FEZW7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    195250 | PA      | $176965.59    | 0.00%             | 2047-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KeyCorp                                                                          | KeyCorp                                                                                   | CUSIP: 49326EEG4<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98624.00     | 0.00%             | 2028-04-30      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                         | CUSIP: 49456BAQ4<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87047.00     | 0.00%             | 2048-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119CV9<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    275000 | PA      | $261329.75    | 0.00%             | 2054-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp                                                            | Northrop Grumman Corp                                                                     | CUSIP: 666807BN1<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    375000 | PA      | $364848.75    | 0.01%             | 2028-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                                        | CUSIP: 29273VBA7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    225000 | PA      | $224041.50    | 0.00%             | 2034-09-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132A5FS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    120552 | PA      | $105573.50    | 0.00%             | 2046-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GJA8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $773140.00    | 0.01%             | 2051-03-20      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D4F6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    152260 | PA      | $123728.51    | 0.00%             | 2041-09-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                               | CUSIP: 02665WFL0<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150906.00    | 0.00%             | 2031-07-10      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816DZ9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251882.50    | 0.00%             | 2036-01-30      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| UNILEVER CAPITAL CORP                                                            | Unilever Capital Corp                                                                     | CUSIP: 904764BR7<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |    100000 | PA      | $59512.00     | 0.00%             | 2051-08-12      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                               | CUSIP: 931142EM1<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197698.00    | 0.00%             | 2026-07-08      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810SA7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7050000 | PA      | $5122265.63   | 0.10%             | 2048-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132XTF45<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    101252 | PA      | $91634.44     | 0.00%             | 2047-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PATTERSON-UTI ENERGY INC                                                         | Patterson-UTI Energy Inc                                                                  | CUSIP: 703481AD3<br>LEI: 254900XGFBKIXD6G0697 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100157.00    | 0.00%             | 2033-10-01      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| TJX COS INC                                                                      | TJX Cos Inc/The                                                                           | CUSIP: 872540AV1<br>LEI: V167QI9I69W364E2DY52 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137769.00    | 0.00%             | 2028-05-15      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| MIDAMERICAN ENERGY CO                                                            | MidAmerican Energy Co                                                                     | CUSIP: 595620AX3<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76848.75     | 0.00%             | 2034-01-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                                         | EQT Corp                                                                                  | CUSIP: 26884LAR0<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151161.00    | 0.00%             | 2034-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PFG2<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251377.50    | 0.00%             | 2030-01-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CXN9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    249372 | PA      | $232493.12    | 0.00%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACKROCK FUNDING INC                                                            | BlackRock Funding Inc                                                                     | CUSIP: 09290DAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $202124.00    | 0.00%             | 2034-03-14      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS                                                           | Zimmer Biomet Holdings Inc                                                                | CUSIP: 98956PBC5<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100980.00    | 0.00%             | 2035-02-19      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WFZB5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    647434 | PA      | $589905.84    | 0.01%             | 2045-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Northern States Power Co/MN                                                      | Northern States Power Co/MN                                                               | CUSIP: 665772CQ0<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |    150000 | PA      | $109251.00    | 0.00%             | 2047-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| LINCOLN NATIONAL CORP                                                            | Lincoln National Corp                                                                     | CUSIP: 534187BJ7<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92697.00     | 0.00%             | 2030-01-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DSP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    308648 | PA      | $294020.13    | 0.01%             | 2035-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Uruguay Government International Bonds                                           | Uruguay Government International Bonds                                                    | CUSIP: 760942BH4<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    300000 | PA      | $302562.00    | 0.01%             | 2037-02-14      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| OMNICOM GROUP INC                                                                | Omnicom Group Inc                                                                         | CUSIP: 681919BD7<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | DBT              | CORP              | US        |    150000 | PA      | $131692.50    | 0.00%             | 2031-08-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                                                              | Gilead Sciences Inc                                                                       | CUSIP: 375558BY8<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    200000 | PA      | $172790.00    | 0.00%             | 2030-10-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844CB2<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     50000 | PA      | $41444.00     | 0.00%             | 2118-08-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752BD4<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198956.00    | 0.00%             | 2035-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | Metropolitan Transportation Authority                                                     | CUSIP: 59259YGF0<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    210000 | PA      | $226270.59    | 0.00%             | 2040-11-15      | Fixed         | 6.81%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406YAB8<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100020.00    | 0.00%             | 2039-07-21      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group Inc                                               | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822AN4<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $197568.00    | 0.00%             | 2027-02-22      | Fixed         | 3.68%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJWW6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    102261 | PA      | $96290.61     | 0.00%             | 2045-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137FJXV6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    250000 | PA      | $248505.62    | 0.00%             | 2028-09-25      | Variable      | 4.05%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                            | CUSIP: 594918BY9<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    750000 | PA      | $741510.00    | 0.01%             | 2027-02-06      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                                         | Devon Energy Corp                                                                         | CUSIP: 25179MBH5<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |    200000 | PA      | $174382.00    | 0.00%             | 2054-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076BH4<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    250000 | PA      | $204527.50    | 0.00%             | 2046-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EMZQ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     18276 | PA      | $17837.96     | 0.00%             | 2028-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FMC CORP                                                                         | FMC Corp                                                                                  | CUSIP: 302491AU9<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92156.00     | 0.00%             | 2029-10-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                                | CUSIP: 14040HCN3<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $188862.00    | 0.00%             | 2030-03-01      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds                                             | Chile Government International Bonds                                                      | CUSIP: 168863DN5<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    200000 | PA      | $173430.00    | 0.00%             | 2032-01-27      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                                                            | PACCAR Financial Corp                                                                     | CUSIP: 69371RT22<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101540.00    | 0.00%             | 2027-05-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132J62G8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    289457 | PA      | $260729.54    | 0.00%             | 2043-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                               | CUSIP: 02665WED9<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100465.00    | 0.00%             | 2028-01-12      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ASSB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     52274 | PA      | $51452.74     | 0.00%             | 2041-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| State Board of Administration Finance Corp                                       | State Board of Administration Finance Corp.                                               | CUSIP: 341271AE4<br>LEI: 549300S34SOJ0RULXM35 | Long             | DBT              | MUN               | US        |    400000 | PA      | $378488.00    | 0.01%             | 2027-07-01      | Fixed         | 1.71%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VBE3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     75000 | PA      | $66630.75     | 0.00%             | 2041-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SEMPRA                                                                           | Sempra                                                                                    | CUSIP: 816851BM0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    200000 | PA      | $189360.00    | 0.00%             | 2052-04-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810UD8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8049000 | PA      | $7236554.06   | 0.14%             | 2044-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                 | CUSIP: 00774MBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    150000 | PA      | $152992.50    | 0.00%             | 2027-01-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119CB3<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    325000 | PA      | $208656.50    | 0.00%             | 2051-07-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Stryker Corp                                                                     | Stryker Corp                                                                              | CUSIP: 863667AJ0<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |    175000 | PA      | $150620.75    | 0.00%             | 2046-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                                   | CUSIP: 55336VAR1<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246530.00    | 0.00%             | 2028-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179QPH8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    273259 | PA      | $258154.91    | 0.00%             | 2044-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FAS0<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    350000 | PA      | $335324.50    | 0.01%             | 2032-11-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WEXU8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    492354 | PA      | $443586.43    | 0.01%             | 2045-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DNAM5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4685724 | PA      | $3697790.64   | 0.07%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DGM8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    446945 | PA      | $401256.49    | 0.01%             | 2049-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132CWHK3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     75187 | PA      | $72929.86     | 0.00%             | 2032-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DST0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    447442 | PA      | $396567.15    | 0.01%             | 2040-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DS6Y3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    440845 | PA      | $450004.99    | 0.01%             | 2054-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SAFEHOLD GL HOLDINGS LLC                                                         | Safehold GL Holdings LLC                                                                  | CUSIP: 785931AB2<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              |  | US        |    100000 | PA      | $97767.00     | 0.00%             | 2035-01-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Mattel Inc                                                                       | Mattel Inc                                                                                | CUSIP: 577081AW2<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65163.00     | 0.00%             | 2041-11-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WHBC5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    176601 | PA      | $154659.09    | 0.00%             | 2046-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC                                                         | Constellation Energy Generation LLC                                                       | CUSIP: 30161MAJ2<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97416.00     | 0.00%             | 2041-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 312946ES1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     55369 | PA      | $54565.58     | 0.00%             | 2041-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                                 | Bank of Montreal                                                                          | CUSIP: 06368BGS1<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $193382.00    | 0.00%             | 2032-12-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                                          | Duke Energy Florida LLC                                                                   | CUSIP: 26444HAC5<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |    105000 | PA      | $103182.45    | 0.00%             | 2027-01-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DLM2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    172023 | PA      | $163432.89    | 0.00%             | 2035-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Capital One Multi-Asset Execution Trust                                          | Capital One Multi-Asset Execution Trust                                                   | CUSIP: 14041NFV8<br>LEI: R42WS16M9R97TJJKGU15 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $972497.72    | 0.02%             | 2028-08-15      | Fixed         | 2.06%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV3M5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     88345 | PA      | $76347.68     | 0.00%             | 2049-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335CAJ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    451424 | PA      | $394933.88    | 0.01%             | 2048-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SUV7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    265239 | PA      | $240400.06    | 0.00%             | 2047-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CME Group Inc                                                                    | CME Group Inc                                                                             | CUSIP: 12572QAH8<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82082.00     | 0.00%             | 2048-06-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Weyerhaeuser Co                                                                  | Weyerhaeuser Co                                                                           | CUSIP: 962166AW4<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              |  | US        |    100000 | PA      | $105202.00    | 0.00%             | 2027-10-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                                                         | Prudential Financial Inc                                                                  | CUSIP: 744320BL5<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104268.00    | 0.00%             | 2053-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                                | CUSIP: 500630DR6<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $193132.00    | 0.00%             | 2027-02-24      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                               | CUSIP: 68389XAV7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    300000 | PA      | $279366.00    | 0.01%             | 2034-07-08      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MCM0<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $192928.00    | 0.00%             | 2027-01-14      | Fixed         | 2.17%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                                        | CUSIP: 907818FG8<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    350000 | PA      | $245168.00    | 0.00%             | 2060-03-20      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority                                                 | CUSIP: 645913AA2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    250000 | PA      | $262340.25    | 0.00%             | 2029-02-15      | Fixed         | 7.43%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                             | CUSIP: 172967LS8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    400000 | PA      | $389164.00    | 0.01%             | 2028-10-27      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                          | CUSIP: 30231GBN1<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    350000 | PA      | $320981.50    | 0.01%             | 2030-10-15      | Fixed         | 2.61%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FGZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3396720 | PA      | $3432336.94   | 0.06%             | 2055-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                                                         | Northern States Power Co/MN                                                               | CUSIP: 665772CV9<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82477.00     | 0.00%             | 2052-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406RCA3<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150837.00    | 0.00%             | 2035-11-20      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DMHU2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    298246 | PA      | $287835.23    | 0.01%             | 2047-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Unilever Capital Corp                                                            | Unilever Capital Corp                                                                     | CUSIP: 904764BC0<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147520.50    | 0.00%             | 2028-03-22      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WPD4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    178719 | PA      | $164487.26    | 0.00%             | 2036-10-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                       | PacifiCorp                                                                                | CUSIP: 695114BT4<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $114462.00    | 0.00%             | 2031-11-15      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138LSKK5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     24675 | PA      | $22848.24     | 0.00%             | 2042-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NEH0<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153940.50    | 0.00%             | 2029-06-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| ENTERGY MISSISSIPPI LLC                                                          | Entergy Mississippi LLC                                                                   | CUSIP: 29366WAG1<br>LEI: 54930043I78H35DVVW89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96907.00     | 0.00%             | 2055-04-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RGQ9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    547000 | PA      | $541530.00    | 0.01%             | 2030-02-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XEQ5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252277.50    | 0.00%             | 2027-05-08      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31407VFE0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     66985 | PA      | $69418.80     | 0.00%             | 2035-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                                              | Fifth Third Bancorp                                                                       | CUSIP: 316773DJ6<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207434.00    | 0.00%             | 2028-10-27      | Fixed         | 6.36%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                         | CUSIP: 20826FBG0<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    200000 | PA      | $185798.00    | 0.00%             | 2054-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133L8CN3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    585634 | PA      | $517303.62    | 0.01%             | 2036-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Marathon Petroleum Corp                                                          | Marathon Petroleum Corp                                                                   | CUSIP: 56585AAH5<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |    150000 | PA      | $121099.50    | 0.00%             | 2044-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                                       | CUSIP: 49446RAX7<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |    100000 | PA      | $93433.00     | 0.00%             | 2028-03-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457BP2<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98159.00     | 0.00%             | 2027-05-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| BORGWARNER INC                                                                   | BorgWarner Inc                                                                            | CUSIP: 099724AP1<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75366.75     | 0.00%             | 2029-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DPJP4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2314461 | PA      | $1841539.74   | 0.03%             | 2052-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WILLIS NORTH AMERICA INC                                                         | Willis North America Inc                                                                  | CUSIP: 970648AK7<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |    150000 | PA      | $107638.50    | 0.00%             | 2049-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418AH50<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     13768 | PA      | $13678.64     | 0.00%             | 2027-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York                                                                          | CUSIP: 64966SHM1<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     75000 | PA      | $69611.78     | 0.00%             | 2049-10-01      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PBL9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    500000 | PA      | $451715.00    | 0.01%             | 2031-04-22      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CBP8<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101726.00    | 0.00%             | 2030-03-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X45X0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1126491 | PA      | $1076172.57   | 0.02%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179SSP3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    341674 | PA      | $302151.32    | 0.01%             | 2046-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                                              | Abbott Laboratories                                                                       | CUSIP: 002819AC4<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |    150000 | PA      | $163809.00    | 0.00%             | 2037-11-30      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                           | CUSIP: 4581X0EL8<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    350000 | PA      | $353745.00    | 0.01%             | 2033-09-13      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                                                         | Baxter International Inc                                                                  | CUSIP: 071813CL1<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    225000 | PA      | $215228.25    | 0.00%             | 2027-02-01      | Fixed         | 1.92%                 | No            |                  2 | On Loan: No      |
| Energy Transfer Operating LP                                                     | Energy Transfer Operating LP                                                              | CUSIP: 29278NAD5<br>LEI: 5493008K8W3OKZE54J59 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147049.50    | 0.00%             | 2038-06-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081FB8<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105110.00    | 0.00%             | 2039-04-01      | Fixed         | 5.96%                 | No            |                  2 | On Loan: No      |
| Cheniere Corpus Christi Holdings LLC                                             | Cheniere Corpus Christi Holdings LLC                                                      | CUSIP: 16412XAG0<br>LEI: 549300I7CIEWU1BBLQ53 | Long             | DBT              | CORP              | US        |    275000 | PA      | $277224.75    | 0.01%             | 2027-06-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179S5M5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    159883 | PA      | $149336.13    | 0.00%             | 2047-05-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJ3F5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    259788 | PA      | $243004.09    | 0.00%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southern Copper Corp                                                             | Southern Copper Corp                                                                      | CUSIP: 84265VAG0<br>LEI: 2549007U6NAP46Q9TU15 | Long             | DBT              | CORP              | US        |    250000 | PA      | $225892.50    | 0.00%             | 2042-11-08      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135CC8<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    375000 | PA      | $239058.75    | 0.00%             | 2061-05-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816DH9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255795.00    | 0.00%             | 2029-07-27      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                                       | CUSIP: 25746UCK3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146871.00    | 0.00%             | 2026-08-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| BUNGE LTD FINANCE CORP                                                           | Bunge Ltd Finance Corp                                                                    | CUSIP: 120568BF6<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144498.00    | 0.00%             | 2034-09-17      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Black Hills Corp                                                                 | Black Hills Corp                                                                          | CUSIP: 092113AM1<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146509.50    | 0.00%             | 2027-01-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| ICON INVESTMENTS SIX DAC                                                         | Icon Investments Six DAC                                                                  | CUSIP: 45115AAB0<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $205054.00    | 0.00%             | 2029-05-08      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ERV23<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    191450 | PA      | $171380.15    | 0.00%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GMD8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    675000 | PA      | $662330.25    | 0.01%             | 2035-10-25      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| BEST BUY CO INC                                                                  | Best Buy Co Inc                                                                           | CUSIP: 08652BAB5<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $128863.50    | 0.00%             | 2030-10-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                                                              | American Tower Corp                                                                       | CUSIP: 03027XAU4<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    100000 | PA      | $97429.00     | 0.00%             | 2029-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 95000U3K7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    575000 | PA      | $578611.00    | 0.01%             | 2035-01-23      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WBX5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3303175 | PA      | $2656503.95   | 0.05%             | 2051-03-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                                              | Abbott Laboratories                                                                       | CUSIP: 002824AY6<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100116.00    | 0.00%             | 2040-05-27      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV4G7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    155993 | PA      | $129067.59    | 0.00%             | 2049-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FBE0<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93931.00     | 0.00%             | 2028-02-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| BANCO BILBAO VIZCAYA ARG                                                         | Banco Bilbao Vizcaya Argentaria SA                                                        | CUSIP: 05946KAR2<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $204646.00    | 0.00%             | 2035-03-13      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CMW8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10500000 | PA      | $10468418.00  | 0.20%             | 2028-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                                              | Delta Air Lines Inc                                                                       | CUSIP: 247361ZT8<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    175000 | PA      | $164941.00    | 0.00%             | 2029-10-28      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132J6GQ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    136292 | PA      | $119202.37    | 0.00%             | 2043-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280AH2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $210196.00    | 0.00%             | 2037-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PAA4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    350000 | PA      | $286982.50    | 0.01%             | 2048-02-22      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DP97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1038073 | PA      | $816339.03    | 0.02%             | 2050-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC                                                                       | Nasdaq Inc                                                                                | CUSIP: 63111XAD3<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85253.00     | 0.00%             | 2031-01-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                                     | CUSIP: 88579YBN0<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |    200000 | PA      | $186592.00    | 0.00%             | 2030-04-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                              | CUSIP: 29250NBX2<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $156787.50    | 0.00%             | 2028-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91086QAZ1<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    420000 | PA      | $319762.80    | 0.01%             | 2110-10-12      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748CB6<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150729.00    | 0.00%             | 2031-11-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Telefonica Emisiones SAU                                                         | Telefonica Emisiones SA                                                                   | CUSIP: 87938WAU7<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |    450000 | PA      | $388552.50    | 0.01%             | 2047-03-08      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJWJ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     57645 | PA      | $50769.41     | 0.00%             | 2045-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Healthpeak Properties Inc                                                        | Healthpeak Properties Inc                                                                 | CUSIP: 40414LAR0<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              |  | US        |    150000 | PA      | $143125.50    | 0.00%             | 2029-07-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                               | Energy Transfer LP                                                                        | CUSIP: 292480AJ9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     75000 | PA      | $63045.00     | 0.00%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STORE CAPITAL LLC                                                                | Store Capital LLC                                                                         | CUSIP: 862121AB6<br>LEI: 254900Z9PIEFQ6AYXK50 | Long             | DBT              |  | US        |    100000 | PA      | $97429.00     | 0.00%             | 2029-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111FX6<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190588.00    | 0.00%             | 2030-04-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GJL4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    450000 | PA      | $387684.00    | 0.01%             | 2031-10-24      | Fixed         | 1.92%                 | No            |                  2 | On Loan: No      |
| National Retail Properties Inc                                                   | NNN REIT Inc                                                                              | CUSIP: 637417AK2<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              |  | US        |    100000 | PA      | $97633.00     | 0.00%             | 2027-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VFR6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    260583 | PA      | $242460.04    | 0.00%             | 2050-02-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Energy Transfer Operating LP                                                     | Energy Transfer Operating LP                                                              | CUSIP: 29273RBJ7<br>LEI: 5493008K8W3OKZE54J59 | Long             | DBT              | CORP              | US        |    165000 | PA      | $157248.30    | 0.00%             | 2045-12-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                               | CUSIP: 68389XBY0<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    650000 | PA      | $433374.50    | 0.01%             | 2060-04-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                                       | CUSIP: 37940XAR3<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139665.00    | 0.00%             | 2052-08-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400JK0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    125000 | PA      | $117000.00    | 0.00%             | 2055-09-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Pennsylvania State University/The                                                | Pennsylvania State University                                                             | CUSIP: 709235T88<br>LEI: 549300QDK4O4XCJ47X56 | Long             | DBT              | MUN               | US        |    150000 | PA      | $95724.75     | 0.00%             | 2050-09-01      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                                                              | CDW LLC / CDW Finance Corp                                                                | CUSIP: 12513GBJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $181586.00    | 0.00%             | 2031-12-01      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| UNILEVER CAPITAL CORP                                                            | Unilever Capital Corp                                                                     | CUSIP: 904764BU0<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150525.00    | 0.00%             | 2027-08-12      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO                                                                  | DTE Electric Co                                                                           | CUSIP: 23338VAV8<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150702.00    | 0.00%             | 2034-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280BH1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $199170.00    | 0.00%             | 2026-11-23      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                                | L3Harris Technologies Inc                                                                 | CUSIP: 502431AP4<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |    225000 | PA      | $228226.50    | 0.00%             | 2027-01-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                                | CUSIP: 871829BU0<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    125000 | PA      | $126853.75    | 0.00%             | 2030-09-23      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Northwestern University                                                          | Northwestern University                                                                   | CUSIP: 668444AC6<br>LEI: OBWWNZE695DUK77DTI34 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92107.00     | 0.00%             | 2044-12-01      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| Panama Government International Bonds                                            | Panama Government International Bonds                                                     | CUSIP: 698299BM5<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    350000 | PA      | $215344.50    | 0.00%             | 2056-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                                                            | Republic Services Inc                                                                     | CUSIP: 760759AV2<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $181224.00    | 0.00%             | 2030-03-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                         | CUSIP: 478160CM4<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    150000 | PA      | $112620.00    | 0.00%             | 2048-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                                  | CUSIP: 126408HL0<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    125000 | PA      | $99685.00     | 0.00%             | 2068-03-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31410LR46<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     34759 | PA      | $33416.63     | 0.00%             | 2031-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                                | CUSIP: 683234AR9<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    500000 | PA      | $426440.00    | 0.01%             | 2030-10-07      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QHPS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    404672 | PA      | $368430.54    | 0.01%             | 2036-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CARLYLE SECURED LENDING                                                          | Carlyle Secured Lending Inc                                                               | CUSIP: 872280AA0<br>LEI: 5493003POT0JT6WD1D83 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75739.50     | 0.00%             | 2030-02-18      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                    | Empire State Development Corp.                                                            | CUSIP: 650035TD0<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |     80000 | PA      | $82230.80     | 0.00%             | 2039-03-15      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VGB4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    125000 | PA      | $87441.25     | 0.00%             | 2051-03-22      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF PENNSYLVAN                                                         | Trustees of the University of Pennsylvania/The                                            | CUSIP: 91481CAC4<br>LEI: 549300FG60YK9HZ7DS75 | Long             | DBT              | CORP              | US        |     75000 | PA      | $46994.25     | 0.00%             | 2119-02-15      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| MASS GENERAL BRIGHAM INC                                                         | Mass General Brigham Inc                                                                  | CUSIP: 70213HAF5<br>LEI: 5493007Z86EDN0QFYU66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $63238.00     | 0.00%             | 2060-07-01      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D56P2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    534596 | PA      | $473479.57    | 0.01%             | 2035-12-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202FXC5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    261214 | PA      | $257199.69    | 0.00%             | 2041-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INGERSOLL-RAND GL HLD CO                                                         | Trane Technologies Global Holding Co Ltd                                                  | CUSIP: 45687AAN2<br>LEI: 549300UCF0D858BIOV83 | Long             | DBT              | CORP              | US        |     75000 | PA      | $59706.00     | 0.00%             | 2048-02-21      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                                           | Santander Holdings USA Inc                                                                | CUSIP: 80282KAP1<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148801.50    | 0.00%             | 2027-07-13      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL                                                           | Mondelez International Inc                                                                | CUSIP: 609207AM7<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99611.00     | 0.00%             | 2028-05-07      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 637432PB5<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77879.25     | 0.00%             | 2053-09-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KRV84<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1440726 | PA      | $1461361.93   | 0.03%             | 2053-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                              | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KBJ8<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144510.00    | 0.00%             | 2029-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Entergy Corp                                                                     | Entergy Corp                                                                              | CUSIP: 29364GAJ2<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147148.50    | 0.00%             | 2026-09-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RKB7<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    275000 | PA      | $186934.00    | 0.00%             | 2060-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NCL3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $181408.00    | 0.00%             | 2038-10-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                                                               | Cenovus Energy Inc                                                                        | CUSIP: 15135UAX7<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $98035.50     | 0.00%             | 2052-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NOVARTIS CAPITAL CORP                                                            | Novartis Capital Corp                                                                     | CUSIP: 66989HAV0<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    350000 | PA      | $331621.50    | 0.01%             | 2034-09-18      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                                                            | American Homes 4 Rent LP                                                                  | CUSIP: 02666TAF4<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |    100000 | PA      | $75755.00     | 0.00%             | 2052-04-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Discovery Communications LLC                                                     | Discovery Communications LLC                                                              | CUSIP: 25470DAD1<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    150000 | PA      | $128382.00    | 0.00%             | 2040-06-01      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp                                                        | Occidental Petroleum Corp                                                                 | CUSIP: 674599DL6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190094.00    | 0.00%             | 2046-03-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| ADVENT HEALTH SYSTEM                                                             | Adventist Health System/West                                                              | CUSIP: 007944AG6<br>LEI: 5493008YM33UCY5QPW83 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65909.00     | 0.00%             | 2049-03-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                                                     | AutoZone Inc                                                                              | CUSIP: 053332BJ0<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101933.00    | 0.00%             | 2029-07-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                                                  | Caterpillar Inc                                                                           | CUSIP: 149123BS9<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146445.00    | 0.00%             | 2041-05-27      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833EW6<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    250000 | PA      | $232330.00    | 0.00%             | 2053-05-10      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | CommonSpirit Health                                                                       | CUSIP: 20268JAD5<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $107772.00    | 0.00%             | 2049-10-01      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| VIATRIS INC                                                                      | Viatris Inc                                                                               | CUSIP: 92556VAD8<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |    300000 | PA      | $262419.00    | 0.00%             | 2030-06-22      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                                                                    | Amphenol Corp                                                                             | CUSIP: 032095AP6<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76707.75     | 0.00%             | 2029-04-05      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GYB4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    675000 | PA      | $592521.75    | 0.01%             | 2032-04-22      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DSDJ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    377470 | PA      | $394278.78    | 0.01%             | 2054-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                                                      | Nutrien Ltd                                                                               | CUSIP: 67077MAE8<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $99152.00     | 0.00%             | 2026-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JOHNS HOPKINS UNIVERSITY                                                         | Johns Hopkins University                                                                  | CUSIP: 478115AF5<br>LEI: 549300Z1XKWYKTIOM958 | Long             | DBT              | CORP              | US        |     75000 | PA      | $42304.50     | 0.00%             | 2060-01-01      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738EBP9<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $136725.00    | 0.00%             | 2035-09-23      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| COLGATE-PALMOLIVE CO                                                             | Colgate-Palmolive Co                                                                      | CUSIP: 194162AS2<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149794.50    | 0.00%             | 2033-03-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31292SAX8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    479237 | PA      | $431886.91    | 0.01%             | 2043-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810QC5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2223300 | PA      | $2176923.36   | 0.04%             | 2039-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                                        | CUSIP: 756109CA0<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    100000 | PA      | $94013.00     | 0.00%             | 2028-03-15      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DNA6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    241372 | PA      | $224753.67    | 0.00%             | 2035-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140XM3Q7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2719974 | PA      | $2718993.66   | 0.05%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                                  | CUSIP: 471048CU0<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $201304.00    | 0.00%             | 2027-10-05      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Westinghouse Air Brake Technologies Corp                                         | Westinghouse Air Brake Technologies Corp                                                  | CUSIP: 960386AM2<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250742.50    | 0.00%             | 2028-09-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 16-1 AA PTT                                                         | American Airlines 2016-1 Class AA Pass Through Trust                                      | CUSIP: 02376UAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    119134 | PA      | $114561.95    | 0.00%             | 2028-01-15      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| Hackensack Meridian Health Inc                                                   | Hackensack Meridian Health Inc                                                            | CUSIP: 404530AC1<br>LEI: 5493001CB3OCWTEJY668 | Long             | DBT              | CORP              | US        |    200000 | PA      | $136046.00    | 0.00%             | 2041-09-01      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140CF5<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202592.00    | 0.00%             | 2030-02-10      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ONEOK Partners LP                                                                | ONEOK Partners LP                                                                         | CUSIP: 68268NAD5<br>LEI: T4DHW82NMF6BXJT50795 | Long             | DBT              | CORP              | US        |    150000 | PA      | $158593.50    | 0.00%             | 2037-10-15      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                                 | Altria Group Inc                                                                          | CUSIP: 02209SBQ5<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105099.00    | 0.00%             | 2028-11-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                         | CUSIP: 478160AT1<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    100000 | PA      | $107632.00    | 0.00%             | 2038-07-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Southern California Edison Co                                                    | Southern California Edison Co                                                             | CUSIP: 842400FF5<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71574.00     | 0.00%             | 2037-01-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                                                            | Rio Tinto Finance USA PLC                                                                 | CUSIP: 76720AAD8<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $88946.00     | 0.00%             | 2042-03-22      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                          | CUSIP: 06368L3K0<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $152796.00    | 0.00%             | 2027-06-04      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                             | CUSIP: 571903BN2<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    125000 | PA      | $128935.00    | 0.00%             | 2028-10-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                         | CUSIP: 29379VCD3<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204036.00    | 0.00%             | 2033-01-31      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORP                                                                | Hyatt Hotels Corp                                                                         | CUSIP: 448579AJ1<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101897.00    | 0.00%             | 2030-04-23      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YAR0<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $197922.00    | 0.00%             | 2028-03-05      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY INC                                                              | Cheniere Energy Inc                                                                       | CUSIP: 16411RAK5<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |    300000 | PA      | $297225.00    | 0.01%             | 2028-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                                   | CUSIP: 24422EXZ7<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101329.00    | 0.00%             | 2028-01-07      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Quest Diagnostics Inc                                                            | Quest Diagnostics Inc                                                                     | CUSIP: 74834LBA7<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98828.00     | 0.00%             | 2029-06-30      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YDK7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1236669 | PA      | $1233450.39   | 0.02%             | 2053-08-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                             | CUSIP: 571903BS1<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    175000 | PA      | $172812.50    | 0.00%             | 2035-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CBS3<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    175000 | PA      | $174665.75    | 0.00%             | 2028-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140K3LH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    620318 | PA      | $536108.09    | 0.01%             | 2050-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                         | CUSIP: 30040WAP3<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    150000 | PA      | $134385.00    | 0.00%             | 2032-03-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Energy Partners LP                                                 | Kinder Morgan Energy Partners LP                                                          | CUSIP: 494550BK1<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46641.00     | 0.00%             | 2041-09-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| THE CAMPBELLS COMPANY                                                            | The Campbell's Company                                                                    | CUSIP: 134429BR9<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |     75000 | PA      | $66084.00     | 0.00%             | 2054-10-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY RES                                                           | CenterPoint Energy Resources Corp                                                         | CUSIP: 15189YAG1<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204124.00    | 0.00%             | 2028-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                              | CUSIP: 251526CV9<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $202620.00    | 0.00%             | 2028-02-08      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                                                             | Pilgrim's Pride Corp                                                                      | CUSIP: 72147KAK4<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155880.00    | 0.00%             | 2033-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Athene Holding Ltd                                                               | Athene Holding Ltd                                                                        | CUSIP: 04686JAA9<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98366.00     | 0.00%             | 2028-01-12      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| HERSHEY COMPANY                                                                  | Hershey Co/The                                                                            | CUSIP: 427866BK3<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75781.50     | 0.00%             | 2028-02-24      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PDU7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    500000 | PA      | $510275.00    | 0.01%             | 2029-07-24      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                         | CUSIP: 30040WAY4<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150876.00    | 0.00%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                                | CUSIP: 31428XCL8<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71118.00     | 0.00%             | 2034-01-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                                                           | GE HealthCare Technologies Inc                                                            | CUSIP: 36267VAF0<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    300000 | PA      | $307887.00    | 0.01%             | 2027-11-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 036752AT0<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94351.00     | 0.00%             | 2032-05-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140BT6<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    200000 | PA      | $182282.00    | 0.00%             | 2028-08-12      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680CC5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98516.00     | 0.00%             | 2029-10-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810UG1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12650000 | PA      | $12069878.97  | 0.23%             | 2055-02-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822BY9<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $241490.00    | 0.00%             | 2027-07-20      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YEH4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    450000 | PA      | $387751.50    | 0.01%             | 2032-10-20      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CKU4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8000000 | PA      | $8230312.48   | 0.15%             | 2031-05-31      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                                                              | Estee Lauder Cos Inc/The                                                                  | CUSIP: 29736RAT7<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96903.00     | 0.00%             | 2033-05-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                                                             | Parker-Hannifin Corp                                                                      | CUSIP: 70109HAM7<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140587.50    | 0.00%             | 2034-11-21      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X4TZ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    540571 | PA      | $475470.20    | 0.01%             | 2047-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 912828ZB9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1200000 | PA      | $1143375.00   | 0.02%             | 2027-02-28      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128P8B67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     52121 | PA      | $49103.07     | 0.00%             | 2036-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                                     | NiSource Inc                                                                              | CUSIP: 65473PAR6<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76713.75     | 0.00%             | 2054-11-30      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| F&G ANNUITIES & LIFE INC                                                         | F&G Annuities & Life Inc                                                                  | CUSIP: 30190AAF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $102292.00    | 0.00%             | 2029-06-04      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MEF7<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    100000 | PA      | $107699.00    | 0.00%             | 2038-03-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                                                     | Synopsys Inc                                                                              | CUSIP: 871607AA5<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175292.25    | 0.00%             | 2027-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| NEWMONT / NEWCREST FIN                                                           | Newmont Corp / Newcrest Finance Pty Ltd                                                   | CUSIP: 65163LAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $202286.00    | 0.00%             | 2034-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076CS9<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198316.00    | 0.00%             | 2032-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CCJ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9900000 | PA      | $9563361.29   | 0.18%             | 2026-06-30      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Valmont Industries Inc                                                           | Valmont Industries Inc                                                                    | CUSIP: 920253AF8<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87900.00     | 0.00%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Phillips 66                                                                      | Phillips 66                                                                               | CUSIP: 718546AR5<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147877.50    | 0.00%             | 2028-03-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                                            | Uber Technologies Inc                                                                     | CUSIP: 90353TAQ3<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    200000 | PA      | $182336.00    | 0.00%             | 2054-09-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Darden Restaurants Inc                                                           | Darden Restaurants Inc                                                                    | CUSIP: 237194AM7<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | DBT              | CORP              | US        |     50000 | PA      | $39780.50     | 0.00%             | 2048-02-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FBH3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    525000 | PA      | $464367.75    | 0.01%             | 2031-02-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| BHP BILLITON FIN USA LTD                                                         | BHP Billiton Finance USA Ltd                                                              | CUSIP: 055451BC1<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | CORP              | AU        |    150000 | PA      | $153271.50    | 0.00%             | 2028-09-08      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140J82W2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    593313 | PA      | $553994.30    | 0.01%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PacifiCorp                                                                                | CUSIP: 695114DC9<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152751.00    | 0.00%             | 2031-02-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                                      | CUSIP: 743315AS2<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |    175000 | PA      | $139410.25    | 0.00%             | 2047-04-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GB78<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    500000 | PA      | $484310.00    | 0.01%             | 2035-10-23      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| GEORGETOWN UNIVERSITY                                                            | Georgetown University/The                                                                 | CUSIP: 37310PAB7<br>LEI: 549300GCL3B0KVXSX752 | Long             | DBT              | CORP              | US        |     50000 | PA      | $43030.00     | 0.00%             | 2118-10-01      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179W7M4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1520993 | PA      | $1403753.94   | 0.03%             | 2052-06-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081GE1<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    200000 | PA      | $122956.00    | 0.00%             | 2051-12-04      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWBP7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3713387 | PA      | $2906358.79   | 0.05%             | 2051-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 89115A3G5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $152197.50    | 0.00%             | 2032-01-30      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680BK8<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103611.00    | 0.00%             | 2030-11-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DQT89<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    409670 | PA      | $406876.10    | 0.01%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128LDCW2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     16381 | PA      | $16840.70     | 0.00%             | 2032-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UDR INC                                                                          | UDR Inc                                                                                   | CUSIP: 90265EAU4<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              |  | US        |     75000 | PA      | $58602.00     | 0.00%             | 2033-03-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418D5B4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    686418 | PA      | $604419.02    | 0.01%             | 2036-10-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJZR4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    366281 | PA      | $332398.35    | 0.01%             | 2047-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CAB0<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104282.00    | 0.00%             | 2038-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 912828Z78<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14200000 | PA      | $13641429.65  | 0.26%             | 2027-01-31      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                                                                  | AstraZeneca PLC                                                                           | CUSIP: 046353AG3<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |    125000 | PA      | $103918.75    | 0.00%             | 2042-09-18      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                                                      | NVIDIA Corp                                                                               | CUSIP: 67066GAJ3<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71844.00     | 0.00%             | 2060-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BLACK HILLS CORP                                                                 | Black Hills Corp                                                                          | CUSIP: 092113AT6<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44526.00     | 0.00%             | 2030-06-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31417DL50<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     21386 | PA      | $20958.13     | 0.00%             | 2027-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC / Charter Communications Operating Capital  | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175BT0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $387145.00    | 0.01%             | 2050-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                            | CUSIP: 58933YBN4<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    200000 | PA      | $179756.00    | 0.00%             | 2063-05-17      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WVU9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2985813 | PA      | $2505550.84   | 0.05%             | 2052-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EH3N0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     15171 | PA      | $16179.51     | 0.00%             | 2040-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                                       | CUSIP: 65339KCH1<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200616.00    | 0.00%             | 2027-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91087BAL4<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    450000 | PA      | $335907.00    | 0.01%             | 2051-04-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                                                              | Dollar General Corp                                                                       | CUSIP: 256677AN5<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101390.00    | 0.00%             | 2028-07-05      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Community Health Network Inc                                                     | Community Health Network Inc                                                              | CUSIP: 20369EAE2<br>LEI: 549300MZTYKU2IU56D87 | Long             | DBT              | CORP              | US        |     50000 | PA      | $30642.00     | 0.00%             | 2050-05-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418ER77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2791881 | PA      | $2711180.81   | 0.05%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 3622A2TK8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     60931 | PA      | $61534.33     | 0.00%             | 2044-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IBM INTERNAT CAPITAL                                                             | IBM International Capital Pte Ltd                                                         | CUSIP: 449276AE4<br>LEI: 2549007KTXQQBYZO7485 | Long             | DBT              | CORP              | SG        |    200000 | PA      | $195972.00    | 0.00%             | 2034-02-05      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                                                          | Southern Co Gas Capital Corp                                                              | CUSIP: 8426EPAG3<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103017.00    | 0.00%             | 2033-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 172967PL9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    450000 | PA      | $450990.00    | 0.01%             | 2035-06-11      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179S2P1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     78066 | PA      | $70736.38     | 0.00%             | 2047-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 3618N5GN3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    188902 | PA      | $183359.10    | 0.00%             | 2055-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Enbridge Energy Partners LP                                                      | Enbridge Energy Partners LP                                                               | CUSIP: 29250RAP1<br>LEI: CZ6VG2MNE1J6YDI02G48 | Long             | DBT              | CORP              | US        |    100000 | PA      | $113171.00    | 0.00%             | 2038-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810ST6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9800000 | PA      | $6118109.42   | 0.11%             | 2040-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MMUG6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    122998 | PA      | $119531.04    | 0.00%             | 2031-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HP INC                                                                           | HP Inc                                                                                    | CUSIP: 40434LAB1<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193548.00    | 0.00%             | 2027-06-17      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                                                            | Rio Tinto Finance USA PLC                                                                 | CUSIP: 76720AAS5<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $303504.00    | 0.01%             | 2030-03-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                                  | CUSIP: 298785KG0<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |   1500000 | PA      | $1534260.00   | 0.03%             | 2030-03-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PENTAIR FINANCE SARL                                                             | Pentair Finance Sarl                                                                      | CUSIP: 709629AR0<br>LEI: 549300H2U8U8TZPV3T89 | Long             | DBT              | CORP              | LU        |     75000 | PA      | $73952.25     | 0.00%             | 2029-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JB HUNT TRANSPRT SVCS                                                            | JB Hunt Transport Services Inc                                                            | CUSIP: 445658CG0<br>LEI: 549300XCD1MPI1C5GK90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150999.00    | 0.00%             | 2030-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XEU6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202190.00    | 0.00%             | 2029-07-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076DC3<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203140.00    | 0.00%             | 2029-06-25      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                          | CUSIP: 06406RBZ9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202340.00    | 0.00%             | 2032-07-22      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL FINANCIAL GRP                                                          | Principal Financial Group Inc                                                             | CUSIP: 74251VAA0<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105084.00    | 0.00%             | 2036-10-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                                                                      | Netflix Inc                                                                               | CUSIP: 64110LAT3<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    325000 | PA      | $341035.50    | 0.01%             | 2028-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                             | CUSIP: 501044DP3<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89278.00     | 0.00%             | 2030-05-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                              | CUSIP: 883556BG6<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |     45000 | PA      | $42712.20     | 0.00%             | 2044-02-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475BV6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202360.00    | 0.00%             | 2028-01-21      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822CN2<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $203358.00    | 0.00%             | 2028-09-13      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                                 | CUSIP: 911312BM7<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    250000 | PA      | $243672.50    | 0.00%             | 2027-11-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| State Street Corp                                                                | State Street Corp                                                                         | CUSIP: 857477BD4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99064.00     | 0.00%             | 2029-12-03      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                                      | CUSIP: 49271VAQ3<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190232.00    | 0.00%             | 2032-04-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816ED7<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251490.00    | 0.00%             | 2029-04-25      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                                        | CUSIP: 29273VAQ3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255100.00    | 0.00%             | 2033-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                             | CUSIP: 501044DE8<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146448.00    | 0.00%             | 2026-10-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XHX7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2813293 | PA      | $2596442.87   | 0.05%             | 2052-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PAR3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    193000 | PA      | $197458.30    | 0.00%             | 2036-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                                              | FS KKR Capital Corp                                                                       | CUSIP: 302635AM9<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104788.00    | 0.00%             | 2029-01-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                                                              | Dow Chemical Co/The                                                                       | CUSIP: 260543DC4<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $129961.50    | 0.00%             | 2030-11-15      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| ITC Holdings Corp                                                                | ITC Holdings Corp                                                                         | CUSIP: 465685AK1<br>LEI: 549300HTO5U9D3SLE207 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98387.00     | 0.00%             | 2026-06-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3132J86E5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     27022 | PA      | $25034.02     | 0.00%             | 2043-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31297KM58<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    117636 | PA      | $120837.27    | 0.00%             | 2034-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179QGC9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     92164 | PA      | $84310.58     | 0.00%             | 2044-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Visa Inc                                                                         | Visa Inc                                                                                  | CUSIP: 92826CAE2<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    180000 | PA      | $169596.00    | 0.00%             | 2035-12-14      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PCJ3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    350000 | PA      | $325545.50    | 0.01%             | 2029-06-01      | Fixed         | 2.07%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680BF9<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $106068.00    | 0.00%             | 2051-01-15      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | Moody's Corp                                                                              | CUSIP: 615369AW5<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |    200000 | PA      | $171154.00    | 0.00%             | 2031-08-19      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                               | CUSIP: 931142BF9<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    100000 | PA      | $114371.00    | 0.00%             | 2030-02-15      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| Inter-American Development Bank                                                  | Inter-American Development Bank                                                           | CUSIP: 4581X0CY2<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    350000 | PA      | $339132.50    | 0.01%             | 2027-07-07      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| LANDWIRTSCH. RENTENBANK                                                          | Landwirtschaftliche Rentenbank                                                            | CUSIP: 515110BY9<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |    500000 | PA      | $425820.00    | 0.01%             | 2030-09-03      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NEJ6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100916.00    | 0.00%             | 2034-06-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| 6297782 LLC                                                                      | South Bow USA Infrastructure Holdings LLC                                                 | CUSIP: 83007CAC6<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198568.00    | 0.00%             | 2029-10-01      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH EDISON CO                                                           | Commonwealth Edison Co                                                                    | CUSIP: 202795KA7<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96397.00     | 0.00%             | 2054-06-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                                                      | KeyBank NA/Cleveland OH                                                                   | CUSIP: 49327M3H5<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |    250000 | PA      | $242030.00    | 0.00%             | 2033-01-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 6174468X0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    450000 | PA      | $380101.50    | 0.01%             | 2032-04-28      | Fixed         | 1.93%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                                                | General Mills Inc                                                                         | CUSIP: 370334CT9<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197904.00    | 0.00%             | 2033-03-29      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                                                              | American Tower Corp                                                                       | CUSIP: 03027XAP5<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    175000 | PA      | $171452.75    | 0.00%             | 2027-07-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CJG0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    169353 | PA      | $161709.72    | 0.00%             | 2037-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                                         | RTX Corp                                                                                  | CUSIP: 913017CX5<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    300000 | PA      | $252204.00    | 0.00%             | 2048-11-16      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV5B7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     37074 | PA      | $36622.30     | 0.00%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                                                           | Brixmor Operating Partnership LP                                                          | CUSIP: 11120BAA5<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |    100000 | PA      | $101169.00    | 0.00%             | 2035-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 17327CAT0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    550000 | PA      | $543075.50    | 0.01%             | 2030-09-19      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QBTW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    216335 | PA      | $194239.74    | 0.00%             | 2049-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Prologis LP                                                                      | Prologis LP                                                                               | CUSIP: 74340XBJ9<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     75000 | PA      | $60719.25     | 0.00%             | 2048-09-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Dupont De Nemours Inc                                                            | DuPont de Nemours Inc                                                                     | CUSIP: 26078JAF7<br>LEI: 5493004JF0SDFLM8GD76 | Long             | DBT              | CORP              | US        |    400000 | PA      | $394252.00    | 0.01%             | 2048-11-15      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV7D1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1087967 | PA      | $937277.32    | 0.02%             | 2050-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AXA SA                                                                           | AXA SA                                                                                    | CUSIP: 054536AA5<br>LEI: F5WCUMTUM4RKZ1MAIE39 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $117929.00    | 0.00%             | 2030-12-15      | Fixed         | 8.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418E5R7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1191705 | PA      | $1223288.41   | 0.02%             | 2054-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| KELLANOVA                                                                        | Kellanova                                                                                 | CUSIP: 487836BU1<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98025.00     | 0.00%             | 2027-11-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Constellation Brands Inc                                                         | Constellation Brands Inc                                                                  | CUSIP: 21036PAQ1<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98877.00     | 0.00%             | 2026-12-06      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ENTERPRIS                                                         | Public Service Enterprise Group Inc                                                       | CUSIP: 744573AV8<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |    200000 | PA      | $206216.00    | 0.00%             | 2027-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CSD7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     46773 | PA      | $44499.87     | 0.00%             | 2037-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308KU0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    175000 | PA      | $172308.50    | 0.00%             | 2035-03-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| INTL FINANCE CORP                                                                | International Finance Corp                                                                | CUSIP: 45950KDH0<br>LEI: QKL54NQY28TCDAI75F60 | Long             | DBT              | NUSS              | XX        |    350000 | PA      | $353769.50    | 0.01%             | 2029-07-02      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                                       | CUSIP: 015271BB4<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |    100000 | PA      | $84372.00     | 0.00%             | 2053-04-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                                                            | RIO TINTO FIN USA PLC                                                                     | CUSIP: 76720AAR7<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $150619.50    | 0.00%             | 2028-03-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280DV8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $420700.00    | 0.01%             | 2034-03-09      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CBF1<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    100000 | PA      | $75689.00     | 0.00%             | 2049-06-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BK/NY                                                         | National Australia Bank Ltd/New York                                                      | CUSIP: 63254ABE7<br>LEI: 549300E2IPL06NDXMZ63 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $248522.50    | 0.00%             | 2027-06-09      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076CG5<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    250000 | PA      | $137275.00    | 0.00%             | 2051-03-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                         | CUSIP: 478160CL6<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    150000 | PA      | $126576.00    | 0.00%             | 2038-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| BLUE OWL CAPITAL CORP                                                            | Blue Owl Capital Corp                                                                     | CUSIP: 69122JAC0<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71883.75     | 0.00%             | 2027-04-13      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140QAS68<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     86152 | PA      | $85106.03     | 0.00%             | 2049-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS CO                                                               | Ameren Illinois Co                                                                        | CUSIP: 02361DAY6<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93201.00     | 0.00%             | 2032-09-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                                                              | Estee Lauder Cos Inc/The                                                                  | CUSIP: 29736RAU4<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89813.00     | 0.00%             | 2053-05-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                               | CUSIP: 438516CA2<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    150000 | PA      | $92229.00     | 0.00%             | 2050-06-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                                                             | Kraft Heinz Foods Co                                                                      | CUSIP: 50077LAL0<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96998.00     | 0.00%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140BZ2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193982.00    | 0.00%             | 2029-08-05      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138MDS52<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    137910 | PA      | $124113.27    | 0.00%             | 2042-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                            | CUSIP: 68233JAH7<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143715.00    | 0.00%             | 2040-09-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                              | CUSIP: 29250NCG8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $101980.00    | 0.00%             | 2055-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES                                                           | PPL Electric Utilities Corp                                                               | CUSIP: 69351UBA0<br>LEI: 549300GCZLSGYEYPIR35 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150060.00    | 0.00%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                                   | CUSIP: 3130AXQK7<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   1500000 | PA      | $1537995.00   | 0.03%             | 2028-12-08      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MDJ6<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $209224.00    | 0.00%             | 2033-09-14      | Fixed         | 5.81%                 | No            |                  2 | On Loan: —       |
| BLUE OWL CREDIT INCOME                                                           | Blue Owl Credit Income Corp                                                               | CUSIP: 69120VAW1<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105767.00    | 0.00%             | 2029-01-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                                     | CUSIP: 655844BY3<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78386.00     | 0.00%             | 2048-02-28      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                                                      | Nutrien Ltd                                                                               | CUSIP: 67077MAN8<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     75000 | PA      | $66891.75     | 0.00%             | 2035-03-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457CT3<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138448.50    | 0.00%             | 2064-08-14      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                              | CUSIP: 20030NAF8<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103108.00    | 0.00%             | 2035-06-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Enbridge Energy Partners LP                                                      | Enbridge Energy Partners LP                                                               | CUSIP: 29250RAX4<br>LEI: CZ6VG2MNE1J6YDI02G48 | Long             | DBT              | CORP              | US        |    100000 | PA      | $111259.00    | 0.00%             | 2045-10-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WY85<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    732660 | PA      | $589012.08    | 0.01%             | 2052-03-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                                        | CUSIP: 756109BG8<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    150000 | PA      | $148627.50    | 0.00%             | 2027-08-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133L8B95<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    751824 | PA      | $664730.50    | 0.01%             | 2036-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EXA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    204226 | PA      | $212938.50    | 0.00%             | 2053-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Ascension Health                                                                 | Ascension Health                                                                          | CUSIP: 04351LAA8<br>LEI: 549300IMOY6ECI21DH68 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87873.00     | 0.00%             | 2053-11-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                                  | CUSIP: 718286CN5<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    200000 | PA      | $168438.00    | 0.00%             | 2032-01-06      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS LLC                                                           | Chubb INA Holdings LLC                                                                    | CUSIP: 171239AJ5<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |    250000 | PA      | $148907.50    | 0.00%             | 2061-12-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172DC0<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153910.50    | 0.00%             | 2028-09-07      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport                                                      | CUSIP: 167593AN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $108897.40    | 0.00%             | 2040-01-01      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397ZW6<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197226.00    | 0.00%             | 2026-08-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                            | CUSIP: 58933YBL8<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137184.00    | 0.00%             | 2044-05-17      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179R4E6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    339302 | PA      | $308348.17    | 0.01%             | 2046-03-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                                         | Western Midstream Operating LP                                                            | CUSIP: 958667AA5<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    175000 | PA      | $142289.00    | 0.00%             | 2050-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                                              | PayPal Holdings Inc                                                                       | CUSIP: 70450YAP8<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149836.50    | 0.00%             | 2034-06-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202FSE7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     49855 | PA      | $49088.93     | 0.00%             | 2041-04-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GJM2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    150000 | PA      | $90850.50     | 0.00%             | 2051-10-24      | Fixed         | 2.83%                 | No            |                  2 | On Loan: No      |
| CubeSmart LP                                                                     | CubeSmart LP                                                                              | CUSIP: 22966RAE6<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              |  | US        |    100000 | PA      | $98541.00     | 0.00%             | 2029-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308JU2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76006.00     | 0.00%             | 2041-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                                  | CUSIP: 89236TMT9<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148786.50    | 0.00%             | 2031-10-10      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810TT5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11869000 | PA      | $10379811.41  | 0.20%             | 2053-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| TransCanada PipeLines Ltd                                                        | TransCanada PipeLines Ltd                                                                 | CUSIP: 89352HAM1<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $282936.00    | 0.01%             | 2034-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                                    | CUSIP: 045167EP4<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    250000 | PA      | $228247.50    | 0.00%             | 2029-09-19      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| INGERSOLL RAND INC                                                               | Ingersoll Rand Inc                                                                        | CUSIP: 45687VAE6<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76826.25     | 0.00%             | 2031-06-15      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                                            | Micron Technology Inc                                                                     | CUSIP: 595112BT9<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    100000 | PA      | $71248.00     | 0.00%             | 2041-11-01      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                            | CUSIP: 617482V92<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    375000 | PA      | $401561.25    | 0.01%             | 2042-07-24      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Stryker Corp                                                                     | Stryker Corp                                                                              | CUSIP: 863667AG6<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83324.00     | 0.00%             | 2044-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                                    | Boeing Co/The                                                                             | CUSIP: 097023CK9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $70112.00     | 0.00%             | 2049-05-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| MASS INSTITUTE OF TECH                                                           | Massachusetts Institute of Technology                                                     | CUSIP: 575718AH4<br>LEI: DLZO3A31IADZ27B62557 | Long             | DBT              | CORP              | US        |    100000 | PA      | $55071.00     | 0.00%             | 2051-07-01      | Fixed         | 2.29%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                              | CUSIP: 883556CM2<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |    250000 | PA      | $174622.50    | 0.00%             | 2041-10-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Republic of Italy Government International Bond                                  | Republic of Italy Government International Bond                                           | CUSIP: 465410CC0<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    500000 | PA      | $335775.00    | 0.01%             | 2051-05-06      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                          | CUSIP: 87264ABF1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1302709.50   | 0.02%             | 2030-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804GD0<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    200000 | PA      | $108766.00    | 0.00%             | 2050-12-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31368HM26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     50951 | PA      | $51418.95     | 0.00%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                                       | CUSIP: 459058KY8<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    550000 | PA      | $565064.50    | 0.01%             | 2033-11-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA LTD                                                            | Rio Tinto Finance USA Ltd                                                                 | CUSIP: 767201AD8<br>LEI: 213800RX94ZKEZXPKH58 | Long             | DBT              | CORP              | AU        |    100000 | PA      | $107919.00    | 0.00%             | 2028-07-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 17327CBA0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    400000 | PA      | $395224.00    | 0.01%             | 2036-03-27      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| Lennar Corp                                                                      | Lennar Corp                                                                               | CUSIP: 526057CD4<br>LEI: 529900G61XVRLX5TJX09 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250982.50    | 0.00%             | 2027-11-29      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| IDEX CORP                                                                        | IDEX Corp                                                                                 | CUSIP: 45167RAJ3<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75549.75     | 0.00%             | 2029-09-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PEK4<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    375000 | PA      | $308366.25    | 0.01%             | 2052-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OEKB OEST. KONTROLLBANK                                                          | Oesterreichische Kontrollbank AG                                                          | CUSIP: 676167CP2<br>LEI: 5299000OVRLMF858L016 | Long             | DBT              | CORP              | AT        |    200000 | PA      | $203904.00    | 0.00%             | 2030-01-24      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DZK1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    387210 | PA      | $332554.22    | 0.01%             | 2036-05-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CORP                                                                | Toyota Motor Corp                                                                         | CUSIP: 892331AR0<br>LEI: 5493006W3QUS5LMH6R84 | Long             | DBT              | CORP              | JP        |    100000 | PA      | $101697.00    | 0.00%             | 2033-07-13      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Tampa Electric Co                                                                | Tampa Electric Co                                                                         | CUSIP: 875127BE1<br>LEI: WS423EPRKJIIJUITXD73 | Long             | DBT              | CORP              | US        |    250000 | PA      | $198255.00    | 0.00%             | 2048-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179MX39<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    255456 | PA      | $230569.27    | 0.00%             | 2043-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418E3D0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1448442 | PA      | $1464887.66   | 0.03%             | 2054-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                             | CUSIP: 571903AY9<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98610.00     | 0.00%             | 2028-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWGH0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5041473 | PA      | $5007327.84   | 0.09%             | 2053-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DVLC7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2861892 | PA      | $2384991.20   | 0.04%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31402RJV2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    158570 | PA      | $160174.64    | 0.00%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VCK8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    400000 | PA      | $349560.00    | 0.01%             | 2046-08-21      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132ACLE8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    164459 | PA      | $152284.02    | 0.00%             | 2044-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Houston Electric LLC                                          | CenterPoint Energy Houston Electric LLC                                                   | CUSIP: 15189XAU2<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    200000 | PA      | $123888.00    | 0.00%             | 2050-07-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                                                  | Cigna Group/The                                                                           | CUSIP: 125523CM0<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    250000 | PA      | $218875.00    | 0.00%             | 2031-03-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                               | CUSIP: 438516CE4<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    200000 | PA      | $189276.00    | 0.00%             | 2027-03-01      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280ED7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $255812.50    | 0.00%             | 2030-03-04      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                  | CUSIP: 345397D67<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    225000 | PA      | $228791.25    | 0.00%             | 2033-11-07      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| ECOLAB INC                                                                       | Ecolab Inc                                                                                | CUSIP: 278865BL3<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95920.00     | 0.00%             | 2027-02-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                               | CUSIP: 302154EL9<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $205646.00    | 0.00%             | 2035-01-14      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748CE0<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143194.50    | 0.00%             | 2044-11-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FCE9<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202356.00    | 0.00%             | 2028-04-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CHJ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6300000 | PA      | $6233554.72   | 0.12%             | 2030-06-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Aetna Inc                                                                        | Aetna Inc                                                                                 | CUSIP: 00817YAG3<br>LEI: 549300QKBENKLBXQ8968 | Long             | DBT              | CORP              | US        |    150000 | PA      | $159409.50    | 0.00%             | 2037-12-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJXR6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    332321 | PA      | $303195.08    | 0.01%             | 2046-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CKN0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8000000 | PA      | $8232187.52   | 0.15%             | 2031-04-30      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Southwestern Electric Power Co                                                   | Southwestern Electric Power Co                                                            | CUSIP: 845437BL5<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103108.00    | 0.00%             | 2040-03-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076BP6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    200000 | PA      | $134958.00    | 0.00%             | 2056-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                                  | CUSIP: 126408GH0<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     75000 | PA      | $79027.50     | 0.00%             | 2036-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661DW4<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87169.00     | 0.00%             | 2050-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                                 | CUSIP: 031162AW0<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $107960.00    | 0.00%             | 2037-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                         | Santander UK Group Holdings PLC                                                           | CUSIP: 80281LAV7<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $204740.00    | 0.00%             | 2031-04-15      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 3618N5C23<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    395817 | PA      | $352184.62    | 0.01%             | 2054-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                                        | CUSIP: 74456QCQ7<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101195.00    | 0.00%             | 2034-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202FBH8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     18344 | PA      | $17983.31     | 0.00%             | 2039-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING Groep NV                                                                              | CUSIP: 456837AW3<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $177136.00    | 0.00%             | 2032-04-01      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                                       | CUSIP: 86562MDP2<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $255267.50    | 0.00%             | 2034-07-09      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XDW3<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300480.00    | 0.01%             | 2027-04-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 36181LUA4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     42429 | PA      | $38858.43     | 0.00%             | 2043-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                            | MidAmerican Energy Co                                                                     | CUSIP: 595620AR6<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |     50000 | PA      | $38282.50     | 0.00%             | 2047-08-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2016-NXS6                                  | Wells Fargo Commercial Mortgage Trust 2016-NXS6                                           | CUSIP: 95000KBC8<br>LEI: 549300CFP9NBBMZH1008 | Long             | ABS-MBS          | CORP              | US        |     23996 | PA      | $23894.76     | 0.00%             | 2049-11-15      | Fixed         | 2.83%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2014-2 A PTT                                                          | United Airlines 2014-2 Class A Pass Through Trust                                         | CUSIP: 90932QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70823 | PA      | $69831.88     | 0.00%             | 2026-09-03      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Trimble Inc                                                                      | Trimble Inc                                                                               | CUSIP: 896239AC4<br>LEI: 549300E2MI7NSZFQWS19 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100961.00    | 0.00%             | 2028-06-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                              | CUSIP: 251526CK3<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    150000 | PA      | $132450.00    | 0.00%             | 2032-05-28      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DKV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    268513 | PA      | $249594.83    | 0.00%             | 2050-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140EU6X2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1040521 | PA      | $911239.92    | 0.02%             | 2046-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJW55<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    187982 | PA      | $171506.88    | 0.00%             | 2045-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                           | CUSIP: 842587EB9<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    300000 | PA      | $305472.00    | 0.01%             | 2055-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON & CO                                                            | Becton Dickinson & Co                                                                     | CUSIP: 075887BW8<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    298000 | PA      | $293535.96    | 0.01%             | 2027-06-06      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CCB5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19150000 | PA      | $16692666.06  | 0.31%             | 2031-05-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                                     | CUSIP: 882508BV5<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151809.00    | 0.00%             | 2028-02-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                            | CUSIP: 61744YAP3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    550000 | PA      | $538384.00    | 0.01%             | 2029-01-24      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| JUNIPER NETWORKS INC                                                             | Juniper Networks Inc                                                                      | CUSIP: 48203RAM6<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96482.00     | 0.00%             | 2029-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                                              | PayPal Holdings Inc                                                                       | CUSIP: 70450YAD5<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195842.00    | 0.00%             | 2026-10-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                               | CUSIP: 59156RAE8<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    100000 | PA      | $110955.00    | 0.00%             | 2032-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FBX8<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    400000 | PA      | $407360.00    | 0.01%             | 2029-07-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                          | CUSIP: 949746NL1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149587.50    | 0.00%             | 2036-12-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WQGC0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     18043 | PA      | $17639.01     | 0.00%             | 2028-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404119BZ1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    350000 | PA      | $303044.00    | 0.01%             | 2049-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                          | Shell International Finance BV                                                            | CUSIP: 822582CL4<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $125324.00    | 0.00%             | 2051-11-26      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                         | CUSIP: 30040WAL2<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87860.00     | 0.00%             | 2031-03-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| LENNOX INTERNATIONAL INC                                                         | Lennox International Inc                                                                  | CUSIP: 526107AF4<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70430.25     | 0.00%             | 2027-08-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RDT6<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70338.75     | 0.00%             | 2057-03-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| NVIDIA Corp                                                                      | NVIDIA Corp                                                                               | CUSIP: 67066GAE4<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197766.00    | 0.00%             | 2026-09-16      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                                       | CUSIP: 025816DG1<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252242.50    | 0.00%             | 2027-07-28      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WC2F9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     60029 | PA      | $56788.87     | 0.00%             | 2044-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Clark Department of Aviation                                           | County of Clark Department of Aviation                                                    | CUSIP: 18085PMT8<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |    150000 | PA      | $165104.10    | 0.00%             | 2045-07-01      | Fixed         | 6.82%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                  | CUSIP: 00206RDS8<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     75000 | PA      | $69723.00     | 0.00%             | 2047-03-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AVNET INC                                                                        | Avnet Inc                                                                                 | CUSIP: 053807AU7<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88402.00     | 0.00%             | 2031-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline LP / PAA Finance Corp                               | Plains All American Pipeline LP / PAA Finance Corp                                        | CUSIP: 72650RBE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $80330.00     | 0.00%             | 2044-06-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ICON INVESTMENTS SIX DAC                                                         | Icon Investments Six DAC                                                                  | CUSIP: 45115AAA2<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $203412.00    | 0.00%             | 2027-05-08      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179M5L0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    236506 | PA      | $212767.21    | 0.00%             | 2043-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FBD2<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152358.00    | 0.00%             | 2030-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EJ2P2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     22044 | PA      | $22968.66     | 0.00%             | 2040-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FIN                                                           | Berkshire Hathaway Finance Corp                                                           | CUSIP: 084664DB4<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    525000 | PA      | $394590.00    | 0.01%             | 2052-03-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ZOETIS INC                                                                       | Zoetis Inc                                                                                | CUSIP: 98978VAS2<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |    150000 | PA      | $133251.00    | 0.00%             | 2030-05-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FIN                                                           | Berkshire Hathaway Finance Corp                                                           | CUSIP: 084664DA6<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    200000 | PA      | $182984.00    | 0.00%             | 2032-03-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| D.R. HORTON INC                                                                  | DR Horton Inc                                                                             | CUSIP: 23331ABP3<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139776.00    | 0.00%             | 2027-10-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Southwestern Public Service Co                                                   | Southwestern Public Service Co                                                            | CUSIP: 845743BN2<br>LEI: OL6FE7QD5EQ3DOYEO258 | Long             | DBT              | CORP              | US        |    150000 | PA      | $126864.00    | 0.00%             | 2041-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X4JX5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    143501 | PA      | $147235.11    | 0.00%             | 2044-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XDP8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    250000 | PA      | $230190.00    | 0.00%             | 2028-10-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| APOLLO DEBT SOLUTIONS BD                                                         | Apollo Debt Solutions BDC                                                                 | CUSIP: 03770DAD5<br>LEI: 549300UMUGX092P8DW87 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205914.00    | 0.00%             | 2031-07-29      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WGG65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    197441 | PA      | $179897.01    | 0.00%             | 2046-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                         | CUSIP: 639057AC2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $290655.00    | 0.01%             | 2027-06-14      | Fixed         | 1.64%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                                     | CUSIP: 89788MAL6<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251467.50    | 0.00%             | 2029-01-26      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PCC8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    675000 | PA      | $596139.75    | 0.01%             | 2032-04-22      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DX98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1825040 | PA      | $1654422.74   | 0.03%             | 2036-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LUBRIZOL CORP                                                                    | Lubrizol Corp/The                                                                         | CUSIP: 549271AF1<br>LEI: 549300TW3R1QXAWGC017 | Long             | DBT              | CORP              | US        |     75000 | PA      | $83502.75     | 0.00%             | 2034-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Canadian Pacific Railway Co                                                      | Canadian Pacific Railway Co                                                               | CUSIP: 13645RAY0<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $98989.00     | 0.00%             | 2028-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                                                    | J M Smucker Co/The                                                                        | CUSIP: 832696AP3<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80550.00     | 0.00%             | 2045-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                                      | CUSIP: 693475AZ8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    300000 | PA      | $274260.00    | 0.01%             | 2030-01-22      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Energy Transfer Operating LP                                                     | Energy Transfer Operating LP                                                              | CUSIP: 29273RAP4<br>LEI: 5493008K8W3OKZE54J59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97087.00     | 0.00%             | 2041-06-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| ArcelorMittal                                                                    | ArcelorMittal SA                                                                          | CUSIP: 03938LAS3<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $102932.00    | 0.00%             | 2041-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                              | CUSIP: 883556CK6<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92030.00     | 0.00%             | 2028-10-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46625HJZ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    350000 | PA      | $348544.00    | 0.01%             | 2026-12-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | New York City Municipal Water Finance Authority                                           | CUSIP: 64972FY34<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    100000 | PA      | $98794.40     | 0.00%             | 2044-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                               | CUSIP: 68389XCD5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    350000 | PA      | $330718.50    | 0.01%             | 2028-03-25      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140X4HZ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    243290 | PA      | $240346.77    | 0.00%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DTM4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1127794 | PA      | $1026214.89   | 0.02%             | 2035-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400JH7<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89951.00     | 0.00%             | 2055-03-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| KELLANOVA                                                                        | Kellanova                                                                                 | CUSIP: 487836CA4<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72465.75     | 0.00%             | 2054-05-16      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                            | CUSIP: 61746BCY0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    112000 | PA      | $114320.64    | 0.00%             | 2026-08-09      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Waste Management Inc                                                             | Waste Management Inc                                                                      | CUSIP: 94106LBE8<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195002.00    | 0.00%             | 2027-11-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WSNK0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     19893 | PA      | $17807.51     | 0.00%             | 2043-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738ECA1<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $204218.00    | 0.00%             | 2033-08-09      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140GXPN5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    327138 | PA      | $295647.06    | 0.01%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MCCORMICK & CO                                                                   | McCormick & Co Inc/MD                                                                     | CUSIP: 579780AN7<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146656.50    | 0.00%             | 2027-08-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| NOVARTIS CAPITAL CORP                                                            | Novartis Capital Corp                                                                     | CUSIP: 66989HAQ1<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    300000 | PA      | $290223.00    | 0.01%             | 2027-02-14      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                             | CUSIP: 345370CA6<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    175000 | PA      | $186107.25    | 0.00%             | 2031-07-16      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418BR24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     37233 | PA      | $35013.34     | 0.00%             | 2045-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                          | CUSIP: 05526DBS3<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    250000 | PA      | $222237.50    | 0.00%             | 2031-03-25      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448GB8<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202106.00    | 0.00%             | 2030-02-07      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL                                                           | Mondelez International Inc                                                                | CUSIP: 609207AY1<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $123258.00    | 0.00%             | 2032-10-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CKJ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $10102539.10  | 0.19%             | 2027-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINL HLDGS LTD                                                           | Fairfax Financial Holdings Ltd                                                            | CUSIP: 303901BR2<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $195988.00    | 0.00%             | 2054-03-22      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                                        | CUSIP: 606822BR4<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $181856.00    | 0.00%             | 2030-02-25      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                             | CUSIP: 571903AS2<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147759.00    | 0.00%             | 2026-06-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | Moody's Corp                                                                              | CUSIP: 615369AY1<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     50000 | PA      | $36276.00     | 0.00%             | 2052-02-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ONEOK Inc                                                                        | ONEOK Inc                                                                                 | CUSIP: 682680AT0<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81638.00     | 0.00%             | 2047-07-13      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp                                                            | Northrop Grumman Corp                                                                     | CUSIP: 666807BP6<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    400000 | PA      | $310548.00    | 0.01%             | 2047-10-15      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| Progress Energy Inc                                                              | Progress Energy Inc                                                                       | CUSIP: 743263AP0<br>LEI: 549300FBMTW0JYWMNB26 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102259.00    | 0.00%             | 2039-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179MSY7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    122977 | PA      | $116747.01    | 0.00%             | 2042-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP                                                             | Western Digital Corp                                                                      | CUSIP: 958102AQ8<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91505.00     | 0.00%             | 2029-02-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DQQN9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2651488 | PA      | $2591311.40   | 0.05%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                                  | CUSIP: 718286CT2<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    200000 | PA      | $208118.00    | 0.00%             | 2033-04-13      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| NIKE INC                                                                         | NIKE Inc                                                                                  | CUSIP: 654106AM5<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |    200000 | PA      | $137496.00    | 0.00%             | 2050-03-27      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA G&E CO                                                                  | Oklahoma Gas and Electric Co                                                              | CUSIP: 678858BY6<br>LEI: 549300VJ8YXGPO8EV472 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143073.00    | 0.00%             | 2053-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NDN8<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $168572.00    | 0.00%             | 2031-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                            | CUSIP: 61747YFV2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    550000 | PA      | $524403.00    | 0.01%             | 2055-11-19      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                               | CUSIP: 302154DD8<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    500000 | PA      | $426200.00    | 0.01%             | 2030-09-21      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Entergy Mississippi LLC                                                          | Entergy Mississippi LLC                                                                   | CUSIP: 29366WAA4<br>LEI: 54930043I78H35DVVW89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $72396.00     | 0.00%             | 2049-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                              | CUSIP: 25160PAE7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $202690.00    | 0.00%             | 2031-07-08      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31400HF40<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    163351 | PA      | $167491.16    | 0.00%             | 2033-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                          | CUSIP: 06368MJG0<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $101087.00    | 0.00%             | 2029-01-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | CommonSpirit Health                                                                       | CUSIP: 20268JAM5<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102397.00    | 0.00%             | 2052-11-01      | Fixed         | 6.46%                 | No            |                  2 | On Loan: No      |
| METHODIST HOSPITAL/THE                                                           | Methodist Hospital/The                                                                    | CUSIP: 591539AA9<br>LEI: 549300Y1E42JLBRENF23 | Long             | DBT              | CORP              | US        |    150000 | PA      | $88912.50     | 0.00%             | 2050-12-01      | Fixed         | 2.71%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                            | MidAmerican Energy Co                                                                     | CUSIP: 595620AP0<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80840.00     | 0.00%             | 2046-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Aflac Inc                                                                        | Aflac Inc                                                                                 | CUSIP: 001055AR3<br>LEI: 549300N0B7DOGLXWPP39 | Long             | DBT              | CORP              | US        |     75000 | PA      | $57478.50     | 0.00%             | 2046-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EQUINOR ASA                                                                      | Equinor ASA                                                                               | CUSIP: 29446MAH5<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |    250000 | PA      | $182350.00    | 0.00%             | 2050-04-06      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| EQUINOR ASA                                                                      | Equinor ASA                                                                               | CUSIP: 29446MAG7<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |    100000 | PA      | $80534.00     | 0.00%             | 2040-04-06      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF PENNSYLVAN                                                         | Trustees of the University of Pennsylvania/The                                            | CUSIP: 91481CAA8<br>LEI: 549300FG60YK9HZ7DS75 | Long             | DBT              | CORP              | US        |     50000 | PA      | $40327.00     | 0.00%             | 2112-09-01      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| FACTSET RESEARCH SYSTEMS                                                         | FactSet Research Systems Inc                                                              | CUSIP: 303075AB1<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90292.00     | 0.00%             | 2032-03-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138EHBD3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     93940 | PA      | $90303.00     | 0.00%             | 2041-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                                | CUSIP: 444859BN1<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99534.00     | 0.00%             | 2030-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue            | Regents of the University of California Medical Center Pooled Revenue                     | CUSIP: 913366KW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $82528.80     | 0.00%             | 2053-05-15      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280AJ8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $217368.00    | 0.00%             | 2038-06-01      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804GB4<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94161.00     | 0.00%             | 2029-07-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                               | Royalty Pharma PLC                                                                        | CUSIP: 78081BAK9<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $174470.00    | 0.00%             | 2030-09-02      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities Inc                                              | Alexandria Real Estate Equities Inc                                                       | CUSIP: 015271AT6<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |    100000 | PA      | $91325.00     | 0.00%             | 2029-12-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                                        | CUSIP: 756109BT0<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    100000 | PA      | $98302.00     | 0.00%             | 2033-07-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179RBX6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    807133 | PA      | $733500.97    | 0.01%             | 2045-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XQX7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1472195 | PA      | $1469892.06   | 0.03%             | 2053-01-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                                   | CUSIP: 828807DF1<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    250000 | PA      | $230142.50    | 0.00%             | 2029-09-13      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448BZ0<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83031.00     | 0.00%             | 2042-03-05      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                         | CUSIP: 49456BAS0<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    100000 | PA      | $62289.00     | 0.00%             | 2050-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                         | CUSIP: 30040WAH1<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    150000 | PA      | $101541.00    | 0.00%             | 2050-01-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Sonoco Products Co                                                               | Sonoco Products Co                                                                        | CUSIP: 835495AJ1<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145746.00    | 0.00%             | 2040-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas LLC                                                        | Duke Energy Carolinas LLC                                                                 | CUSIP: 26442CAM6<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    155000 | PA      | $129093.30    | 0.00%             | 2041-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                                   | CUSIP: 808513CH6<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    225000 | PA      | $239166.00    | 0.00%             | 2034-08-24      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| JD.COM INC                                                                       | JD.com Inc                                                                                | CUSIP: 47215PAE6<br>LEI: 549300HVTWB0GJZ16V92 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $189964.00    | 0.00%             | 2030-01-14      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| Maryland Health & Higher Educational Facilities Authority                        | Maryland Health & Higher Educational Facilities Authority                                 | CUSIP: 57421CAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $110977.05    | 0.00%             | 2040-07-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC                                                                    | AEP Texas Inc                                                                             | CUSIP: 00108WAM2<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |    175000 | PA      | $153223.00    | 0.00%             | 2030-07-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140JQRZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    102881 | PA      | $88909.03     | 0.00%             | 2049-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Honeywell International Inc                                                      | Honeywell International Inc                                                               | CUSIP: 438516BU9<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140155.50    | 0.00%             | 2029-08-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWCC5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4335674 | PA      | $3553217.02   | 0.07%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ARES MANAGEMENT CORP                                                             | Ares Management Corp                                                                      | CUSIP: 03990BAB7<br>LEI: 529900JUV61FH7B8VW38 | Long             | DBT              | CORP              | US        |    125000 | PA      | $114223.75    | 0.00%             | 2054-10-11      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179NBB3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    350164 | PA      | $321132.30    | 0.01%             | 2043-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Energy Transfer Operating LP                                                     | Energy Transfer Operating LP                                                              | CUSIP: 29273RAF6<br>LEI: 5493008K8W3OKZE54J59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105494.00    | 0.00%             | 2036-10-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                                                                | TSMC Arizona Corp                                                                         | CUSIP: 872898AG6<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197812.00    | 0.00%             | 2029-04-22      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179QJT9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    148188 | PA      | $139997.33    | 0.00%             | 2044-07-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GZK3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    600000 | PA      | $579828.00    | 0.01%             | 2028-02-24      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WDAD3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     19679 | PA      | $19206.99     | 0.00%             | 2029-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DGL0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    301838 | PA      | $260847.70    | 0.00%             | 2049-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                              | CUSIP: 11135FBZ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    225000 | PA      | $227970.00    | 0.00%             | 2027-07-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                                                                     | NiSource Inc                                                                              | CUSIP: 65473QBB8<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     45000 | PA      | $41202.00     | 0.00%             | 2043-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                                         | Duke Energy Progress LLC                                                                  | CUSIP: 26442UAV6<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    125000 | PA      | $119152.50    | 0.00%             | 2055-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 63743HFM9<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100792.00    | 0.00%             | 2027-02-05      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| OAKTREE SPECIALTY LEND                                                           | Oaktree Specialty Lending Corp                                                            | CUSIP: 67401PAD0<br>LEI: 549300J6MGCEU5928620 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102098.00    | 0.00%             | 2029-02-15      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| TRACTOR SUPPLY CO                                                                | Tractor Supply Co                                                                         | CUSIP: 892356AA4<br>LEI: 549300OJ9VZHZRO6I137 | Long             | DBT              | CORP              | US        |    125000 | PA      | $106742.50    | 0.00%             | 2030-11-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS INC                                                          | Cboe Global Markets Inc                                                                   | CUSIP: 12503MAC2<br>LEI: 529900RLNSGA90UPEH54 | Long             | DBT              | CORP              | US        |    200000 | PA      | $170858.00    | 0.00%             | 2030-12-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                               | CUSIP: 29444UBU9<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |    200000 | PA      | $187986.00    | 0.00%             | 2032-04-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ETEH5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     45017 | PA      | $44278.54     | 0.00%             | 2030-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                            | CUSIP: 594918BT0<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    349000 | PA      | $277538.76    | 0.01%             | 2046-08-08      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Alabama Power Co                                                                 | Alabama Power Co                                                                          | CUSIP: 010392FL7<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80864.00     | 0.00%             | 2044-08-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738ECE3<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    350000 | PA      | $391601.00    | 0.01%             | 2033-11-02      | Fixed         | 7.44%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds                                       | Philippines Government International Bonds                                                | CUSIP: 718286CC9<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    400000 | PA      | $386516.00    | 0.01%             | 2028-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RELX CAPITAL INC                                                                 | RELX Capital Inc                                                                          | CUSIP: 74949LAG7<br>LEI: 2R15C3RTKJN1RCBOV146 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100511.00    | 0.00%             | 2035-03-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MMXT5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     66453 | PA      | $64626.51     | 0.00%             | 2033-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VeriSign Inc                                                                     | VeriSign Inc                                                                              | CUSIP: 92343EAL6<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149875.50    | 0.00%             | 2027-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                                                      | Target Corp                                                                               | CUSIP: 87612EBN5<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $61778.00     | 0.00%             | 2052-01-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| NSTAR Electric Co                                                                | NSTAR Electric Co                                                                         | CUSIP: 67021CAN7<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143073.00    | 0.00%             | 2029-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Lear Corp                                                                        | Lear Corp                                                                                 | CUSIP: 521865AZ8<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82821.00     | 0.00%             | 2049-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                               | CUSIP: 13645RBE3<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $96161.00     | 0.00%             | 2026-12-02      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CJZ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  21950000 | PA      | $21454410.27  | 0.40%             | 2034-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OP                                                              | Invitation Homes Operating Partnership LP                                                 | CUSIP: 46188BAD4<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              |  | US        |    100000 | PA      | $93355.00     | 0.00%             | 2032-04-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 172967NN7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    575000 | PA      | $528459.50    | 0.01%             | 2033-03-17      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                                                                | Ares Capital Corp                                                                         | CUSIP: 04010LBC6<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    150000 | PA      | $129264.00    | 0.00%             | 2031-11-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810QQ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1613700 | PA      | $1535788.55   | 0.03%             | 2041-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202FGY6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     99105 | PA      | $99933.58     | 0.00%             | 2040-06-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRITISH COLUMBIA PROV OF                                                         | Province of British Columbia Canada                                                       | CUSIP: 110709AL6<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |    400000 | PA      | $411100.00    | 0.01%             | 2029-04-24      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CMZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12500000 | PA      | $12454101.63  | 0.23%             | 2030-04-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TRANE TECH FIN LTD                                                               | Trane Technologies Financing Ltd                                                          | CUSIP: 456873AF5<br>LEI: 549300A5OEF3CJI2CO89 | Long             | DBT              | CORP              | IE        |     75000 | PA      | $61502.25     | 0.00%             | 2049-03-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457BZ0<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    175000 | PA      | $93558.50     | 0.00%             | 2060-09-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308KH9<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249055.00    | 0.00%             | 2053-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS                                                         | Air Products and Chemicals Inc                                                            | CUSIP: 009158BF2<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99798.00     | 0.00%             | 2033-03-03      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                         | Santander UK Group Holdings PLC                                                           | CUSIP: 80281LAT2<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $207656.00    | 0.00%             | 2029-01-10      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                                   | CUSIP: 55336VBN9<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148911.00    | 0.00%             | 2027-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                              | CUSIP: 29250NBR5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    400000 | PA      | $408200.00    | 0.01%             | 2033-03-08      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Houston Electric LLC                                          | CenterPoint Energy Houston Electric LLC                                                   | CUSIP: 15189XAW8<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    150000 | PA      | $101758.50    | 0.00%             | 2051-04-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| ADOBE INC                                                                        | Adobe Inc                                                                                 | CUSIP: 00724PAC3<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193702.00    | 0.00%             | 2027-02-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Landwirtschaftliche Rentenbank                                                   | Landwirtschaftliche Rentenbank                                                            | CUSIP: 515110BT0<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |    250000 | PA      | $241767.50    | 0.00%             | 2027-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                                                               | Steel Dynamics Inc                                                                        | CUSIP: 858119BP4<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |     75000 | PA      | $47812.50     | 0.00%             | 2050-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2018-C47                                            | CUSIP: 95002DBD0<br>LEI: 549300VHRKFNCWVN9Y77 | Long             | ABS-MBS          | CORP              | US        |    482091 | PA      | $473325.15    | 0.01%             | 2061-09-15      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CGS4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6200000 | PA      | $6107726.58   | 0.11%             | 2030-03-31      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LBK6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $277806.00    | 0.01%             | 2054-04-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| EASTERN GAS TRAN                                                                 | Eastern Gas Transmission & Storage Inc                                                    | CUSIP: 276480AH3<br>LEI: H2VQBNB3NSKRM5QWBI71 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93577.00     | 0.00%             | 2029-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ETC53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    204194 | PA      | $192275.00    | 0.00%             | 2045-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                                   | CUSIP: 3130AXU63<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   2500000 | PA      | $2522400.00   | 0.05%             | 2026-11-17      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                                    | CUSIP: 045167GE7<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    400000 | PA      | $402624.00    | 0.01%             | 2026-05-21      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                           | Extra Space Storage LP                                                                    | CUSIP: 30225VAR8<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |    100000 | PA      | $104318.00    | 0.00%             | 2031-01-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128M9NE8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     15093 | PA      | $13605.12     | 0.00%             | 2042-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TRANSCONT GAS PIPE LINE                                                          | Transcontinental Gas Pipe Line Co LLC                                                     | CUSIP: 893574AP8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $93285.00     | 0.00%             | 2030-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687EV4<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    150000 | PA      | $133120.50    | 0.00%             | 2044-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                | Enterprise Products Operating LLC                                                         | CUSIP: 29379VBU6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    250000 | PA      | $211395.00    | 0.00%             | 2049-02-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                          | CUSIP: 30231GBF8<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    350000 | PA      | $307020.00    | 0.01%             | 2040-03-19      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                                      | CUSIP: 78016HZV5<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $203692.00    | 0.00%             | 2029-02-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Kaiser Foundation Hospitals                                                      | Kaiser Foundation Hospitals                                                               | CUSIP: 48305QAB9<br>LEI: DW4Z57L3G4IRMHYZYK62 | Long             | DBT              | CORP              | US        |    150000 | PA      | $136296.00    | 0.00%             | 2042-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 3622A2CH3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     42247 | PA      | $38007.72     | 0.00%             | 2042-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2019-2 AA PTT                                                         | United Airlines 2019-2 Class AA Pass Through Trust                                        | CUSIP: 90932JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75689 | PA      | $66835.62     | 0.00%             | 2032-05-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31419DM24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    178716 | PA      | $176590.04    | 0.00%             | 2040-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                                                  | Deere & Co                                                                                | CUSIP: 244199BD6<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |    112000 | PA      | $117025.44    | 0.00%             | 2029-10-16      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418AQU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    119412 | PA      | $114126.26    | 0.00%             | 2033-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                                                   | Whirlpool Corp                                                                            | CUSIP: 963320AY2<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82327.64     | 0.00%             | 2031-05-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PEL6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    350000 | PA      | $352873.50    | 0.01%             | 2028-07-22      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                               | CUSIP: 931142EZ2<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    200000 | PA      | $172156.00    | 0.00%             | 2052-09-09      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                             | CUSIP: 172967NA5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    550000 | PA      | $531949.00    | 0.01%             | 2027-06-09      | Fixed         | 1.46%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EAM2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2802120 | PA      | $2185207.46   | 0.04%             | 2052-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                                                                 | Kilroy Realty LP                                                                          | CUSIP: 49427RAR3<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              |  | US        |     75000 | PA      | $57661.50     | 0.00%             | 2033-11-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200KP5<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    150000 | PA      | $99978.00     | 0.00%             | 2052-02-09      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661EG8<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196574.00    | 0.00%             | 2027-04-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                          | CUSIP: 12189LBL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $193866.00    | 0.00%             | 2055-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RELX CAPITAL INC                                                                 | RELX Capital Inc                                                                          | CUSIP: 74949LAD4<br>LEI: 2R15C3RTKJN1RCBOV146 | Long             | DBT              | CORP              | US        |    175000 | PA      | $163369.50    | 0.00%             | 2030-05-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                                                         | Citizens Financial Group Inc                                                              | CUSIP: 174610AR6<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147054.00    | 0.00%             | 2026-07-27      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                                        | Amgen Inc                                                                                 | CUSIP: 031162CQ1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145836.00    | 0.00%             | 2027-11-02      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                                       | CUSIP: 28622HAB7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    175000 | PA      | $170353.75    | 0.00%             | 2033-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                            | CUSIP: 58933YBJ3<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149358.00    | 0.00%             | 2030-05-17      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PEPSICO SINGAPORE FIN                                                            | Pepsico Singapore Financing I Pte Ltd                                                     | CUSIP: 713466AD2<br>LEI: 254900DOMTCMUFROFJ76 | Long             | DBT              | CORP              | SG        |    100000 | PA      | $98318.00     | 0.00%             | 2034-02-16      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                         | CUSIP: 478160CE2<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196518.00    | 0.00%             | 2027-03-03      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810TW8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7550000 | PA      | $7406078.13   | 0.14%             | 2043-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Voya Financial Inc                                                               | Voya Financial Inc                                                                        | CUSIP: 929089AC4<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |     50000 | PA      | $41999.50     | 0.00%             | 2046-06-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135CH7<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    450000 | PA      | $426244.50    | 0.01%             | 2032-04-13      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| PG&E WILDFIRE RECOVERY                                                           | PG&E Wildfire Recovery Funding LLC                                                        | CUSIP: 693342AK3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $159369.00    | 0.00%             | 2052-06-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC / Charter Communications Operating Capital  | Charter Communications Operating LLC / Charter Communications Operating Capital           | CUSIP: 161175BL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $378135.00    | 0.01%             | 2047-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                                | CUSIP: 444859CA8<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201432.00    | 0.00%             | 2031-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                         | Florida Power & Light Co                                                                  | CUSIP: 341081GN1<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100482.00    | 0.00%             | 2028-05-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| PG&E WILDFIRE RECOVERY                                                           | PG&E Wildfire Recovery Funding LLC                                                        | CUSIP: 693342AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $170434.00    | 0.00%             | 2051-12-01      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                                         | Duke Energy Progress LLC                                                                  | CUSIP: 26442UAL8<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    150000 | PA      | $128470.50    | 0.00%             | 2031-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING Groep NV                                                                              | CUSIP: 456837BB8<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $247425.00    | 0.00%             | 2028-03-28      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| EOG Resources Inc                                                                | EOG Resources Inc                                                                         | CUSIP: 26875PAN1<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | DBT              | CORP              | US        |     74000 | PA      | $66946.32     | 0.00%             | 2035-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738EBV6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $217740.00    | 0.00%             | 2032-11-24      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FAY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1448680 | PA      | $1487073.99   | 0.03%             | 2054-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VGW8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190182.00    | 0.00%             | 2054-02-23      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DUKE UNIVERSITY                                                                  | Duke University                                                                           | CUSIP: 26442TAG2<br>LEI: FY5ICUIRRDCHN4HHL592 | Long             | DBT              | CORP              | US        |    100000 | PA      | $61341.00     | 0.00%             | 2050-10-01      | Fixed         | 2.76%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co of New York Inc                                           | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111FD0<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    230000 | PA      | $194028.00    | 0.00%             | 2044-03-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810TF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9300000 | PA      | $6627703.13   | 0.12%             | 2042-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Baidu Inc                                                                        | Baidu Inc                                                                                 | CUSIP: 056752AN8<br>LEI: 254900AL64IANZYI1E02 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $202506.00    | 0.00%             | 2028-11-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                           | CUSIP: 58013MEN0<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77858.00     | 0.00%             | 2042-02-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | Fiserv Inc                                                                                | CUSIP: 337738BL1<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150576.00    | 0.00%             | 2034-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| HPS CORPORATE LENDING FU                                                         | HPS Corporate Lending Fund                                                                | CUSIP: 40440VAF2<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103362.00    | 0.00%             | 2029-01-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CMK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7750000 | PA      | $7853535.20   | 0.15%             | 2032-01-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Texas Instruments Inc                                                            | Texas Instruments Inc                                                                     | CUSIP: 882508BD5<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |    300000 | PA      | $240378.00    | 0.00%             | 2048-05-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                                | CUSIP: 500630DW5<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $200288.00    | 0.00%             | 2028-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                                                   | Microsoft Corp                                                                            | CUSIP: 594918CD4<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    729000 | PA      | $422557.56    | 0.01%             | 2060-06-01      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                               | CUSIP: 931142EY5<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195974.00    | 0.00%             | 2032-09-09      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae                                                                                | CUSIP: 21H040665<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2000000 | PA      | $1832455.00   | 0.03%             | 2054-06-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MAGNA INTERNATIONAL INC                                                          | Magna International Inc                                                                   | CUSIP: 559222AY0<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $100532.00    | 0.00%             | 2033-03-21      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                                                            | American Homes 4 Rent LP                                                                  | CUSIP: 02666TAJ6<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |     75000 | PA      | $73336.50     | 0.00%             | 2035-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                                | CUSIP: 254709AS7<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    150000 | PA      | $161373.00    | 0.00%             | 2032-11-29      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | Dominion Energy Inc                                                                       | CUSIP: 25746UDW6<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151552.50    | 0.00%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138ELBW2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     57520 | PA      | $60034.47     | 0.00%             | 2040-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                                 | Duke Energy Corp                                                                          | CUSIP: 26441CAS4<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    300000 | PA      | $293607.00    | 0.01%             | 2026-09-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Consumers Energy Co                                                              | Consumers Energy Co                                                                       | CUSIP: 210518CU8<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |    130000 | PA      | $103902.50    | 0.00%             | 2043-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                                                               | Ally Financial Inc                                                                        | CUSIP: 36186CBY8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    300000 | PA      | $335895.00    | 0.01%             | 2031-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                          | CUSIP: 30231GBM3<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    450000 | PA      | $310513.50    | 0.01%             | 2051-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YKT0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    709066 | PA      | $720238.36    | 0.01%             | 2053-11-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CUBESMART LP                                                                     | CubeSmart LP                                                                              | CUSIP: 22966RAG1<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              |  | US        |    100000 | PA      | $85256.00     | 0.00%             | 2031-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VFR0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    400000 | PA      | $341304.00    | 0.01%             | 2031-01-20      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PDK5<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147349.50    | 0.00%             | 2028-06-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| COSTCO WHOLESALE CORP                                                            | Costco Wholesale Corp                                                                     | CUSIP: 22160KAQ8<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | DBT              | CORP              | US        |    200000 | PA      | $168798.00    | 0.00%             | 2032-04-20      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335BGG5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     58283 | PA      | $55745.02     | 0.00%             | 2044-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MMQG1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     21533 | PA      | $20975.86     | 0.00%             | 2028-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650DN7<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    250000 | PA      | $212712.50    | 0.00%             | 2030-08-21      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| WEYERHAEUSER CO                                                                  | Weyerhaeuser Co                                                                           | CUSIP: 962166CA0<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              |  | US        |    100000 | PA      | $88252.00     | 0.00%             | 2033-03-09      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DFF4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    283346 | PA      | $234438.73    | 0.00%             | 2049-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                                 | CUSIP: 89114TZG0<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $288048.00    | 0.01%             | 2026-09-10      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138WJFL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    674227 | PA      | $568611.62    | 0.01%             | 2046-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                                        | CUSIP: 05964HBJ3<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $205566.00    | 0.00%             | 2030-01-17      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| UTAH ACQUISITION SUB                                                             | Utah Acquisition Sub Inc                                                                  | CUSIP: 62854AAN4<br>LEI: 549300A0CD4KNFGIIS89 | Long             | DBT              | CORP              | US        |    300000 | PA      | $296133.00    | 0.01%             | 2026-06-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SWEDISH EXPORT CREDIT                                                            | Svensk Exportkredit AB                                                                    | CUSIP: 87031CAE3<br>LEI: 1FOLRR5RWTWWI397R131 | Long             | DBT              | NUSS              | SE        |    250000 | PA      | $242020.00    | 0.00%             | 2027-03-22      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                                                          | Astrazeneca Finance LLC                                                                   | CUSIP: 04636NAB9<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |    150000 | PA      | $132298.50    | 0.00%             | 2031-05-28      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                                                                | TSMC Arizona Corp                                                                         | CUSIP: 872898AC5<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |    250000 | PA      | $221082.50    | 0.00%             | 2031-10-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                         | CUSIP: 478160BK9<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90888.00     | 0.00%             | 2043-12-05      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140EUKT5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    113640 | PA      | $106523.19    | 0.00%             | 2046-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                             | CUSIP: 501044CR0<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89227.00     | 0.00%             | 2042-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                                | CUSIP: 60687YBP3<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $242007.50    | 0.00%             | 2027-05-22      | Fixed         | 1.23%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                           | CUSIP: 126650DL1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $73238.00     | 0.00%             | 2050-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc                                                                     | QUALCOMM Inc                                                                              | CUSIP: 747525AJ2<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    175000 | PA      | $171683.75    | 0.00%             | 2035-05-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810QY7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4010800 | PA      | $2992746.18   | 0.06%             | 2042-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179RLP2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    103307 | PA      | $93882.73     | 0.00%             | 2045-08-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Dow Chemical Co/The                                                              | Dow Chemical Co/The                                                                       | CUSIP: 260543CL5<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79761.00     | 0.00%             | 2044-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                                 | CUSIP: 037833DN7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    400000 | PA      | $389772.00    | 0.01%             | 2026-09-11      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| XCEL ENERGY INC                                                                  | Xcel Energy Inc                                                                           | CUSIP: 98389BBB5<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149607.00    | 0.00%             | 2034-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076BT8<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145662.00    | 0.00%             | 2027-09-14      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Tampa Electric Co                                                                | Tampa Electric Co                                                                         | CUSIP: 875127BA9<br>LEI: WS423EPRKJIIJUITXD73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $164424.00    | 0.00%             | 2042-06-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418EB82<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2440648 | PA      | $1902590.80   | 0.04%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                                                          | Astrazeneca Finance LLC                                                                   | CUSIP: 04636NAL7<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203446.00    | 0.00%             | 2029-02-26      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| EPR Properties                                                                   | EPR Properties                                                                            | CUSIP: 26884UAC3<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              |  | US        |    100000 | PA      | $99566.00     | 0.00%             | 2026-12-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Southern Copper Corp                                                             | Southern Copper Corp                                                                      | CUSIP: 84265VAJ4<br>LEI: 2549007U6NAP46Q9TU15 | Long             | DBT              | CORP              | US        |    250000 | PA      | $238365.00    | 0.00%             | 2045-04-23      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| LEIDOS INC                                                                       | Leidos Inc                                                                                | CUSIP: 52532XAJ4<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102854.00    | 0.00%             | 2033-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| INTERSTATE POWER & LIGHT                                                         | Interstate Power and Light Co                                                             | CUSIP: 461070AW4<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92246.00     | 0.00%             | 2054-09-30      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308KF3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101071.00    | 0.00%             | 2027-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Province of Quebec                                                               | Province of Quebec Canada                                                                 | CUSIP: 748149AN1<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    200000 | PA      | $195112.00    | 0.00%             | 2027-04-12      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                                | CUSIP: 871829BT3<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105677.00    | 0.00%             | 2034-01-17      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418C4C5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    371212 | PA      | $365765.62    | 0.01%             | 2033-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VDS0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89785.00     | 0.00%             | 2049-04-15      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DV4R3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    199945 | PA      | $185857.71    | 0.00%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASTE CONNECTIONS INC                                                            | Waste Connections Inc                                                                     | CUSIP: 94106BAB7<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $64298.00     | 0.00%             | 2050-04-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135BS4<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    250000 | PA      | $219255.00    | 0.00%             | 2030-06-03      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                                                            | RIO TINTO FIN USA PLC                                                                     | CUSIP: 76720AAU0<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $299385.00    | 0.01%             | 2035-03-14      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                            | CUSIP: 10373QBX7<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202012.00    | 0.00%             | 2029-04-10      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 3618N5EX3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    295439 | PA      | $301868.47    | 0.01%             | 2055-01-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                                                         | Targa Resources Partners LP / Targa Resources Partners Finance Corp                       | CUSIP: 87612BBQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $151303.50    | 0.00%             | 2030-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31410LFB3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     20944 | PA      | $20614.87     | 0.00%             | 2041-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNILEVER CAPITAL CORP                                                            | Unilever Capital Corp                                                                     | CUSIP: 904764BK2<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86052.00     | 0.00%             | 2030-09-14      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                                                         | CenterPoint Energy Houston Electric LLC                                                   | CUSIP: 15189XAY4<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $70189.00     | 0.00%             | 2052-03-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GJS9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1064316.00   | 0.02%             | 2027-07-22      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DME9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    193574 | PA      | $184399.66    | 0.00%             | 2035-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335A3Z9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    515916 | PA      | $520087.68    | 0.01%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179X2L9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    646957 | PA      | $645869.40    | 0.01%             | 2053-05-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                               | CUSIP: 931142EV1<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    250000 | PA      | $153405.00    | 0.00%             | 2051-09-22      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| OHIO POWER COMPANY                                                               | Ohio Power Co                                                                             | CUSIP: 677415CS8<br>LEI: 06ZODLC132CY1O2Y7D77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91152.00     | 0.00%             | 2030-04-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| REGAL REXNORD CORP                                                               | Regal Rexnord Corp                                                                        | CUSIP: 758750AM5<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205364.00    | 0.00%             | 2028-04-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                               | Royalty Pharma PLC                                                                        | CUSIP: 78081BAJ2<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $188256.00    | 0.00%             | 2027-09-02      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| TransCanada PipeLines Ltd                                                        | TransCanada PipeLines Ltd                                                                 | CUSIP: 89352HAZ2<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $132619.50    | 0.00%             | 2049-03-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                                                   | Starbucks Corp                                                                            | CUSIP: 855244AV1<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95783.00     | 0.00%             | 2027-03-12      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Diageo Capital PLC                                                               | Diageo Capital PLC                                                                        | CUSIP: 25243YAV1<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $78450.00     | 0.00%             | 2043-04-29      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                                                               | Ally Financial Inc                                                                        | CUSIP: 370425RZ5<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $167557.50    | 0.00%             | 2031-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138LTMS4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    625418 | PA      | $562851.27    | 0.01%             | 2042-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE NA                                                                   | Capital One NA                                                                            | CUSIP: 25466AAJ0<br>LEI: 207ALC1P1YM0OVDV0K75 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246565.00    | 0.00%             | 2026-07-27      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MJFQ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     25018 | PA      | $26099.09     | 0.00%             | 2037-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                                                             | Kraft Heinz Foods Co                                                                      | CUSIP: 50077LBC9<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247155.00    | 0.00%             | 2027-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| EMERSON ELECTRIC CO                                                              | Emerson Electric Co                                                                       | CUSIP: 291011BL7<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142152.00    | 0.00%             | 2027-10-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                       | PacifiCorp                                                                                | CUSIP: 695114CU0<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95826.00     | 0.00%             | 2029-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                                                   | Mastercard Inc                                                                            | CUSIP: 57636QAL8<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    250000 | PA      | $186107.50    | 0.00%             | 2049-06-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                                                  | Caterpillar Inc                                                                           | CUSIP: 149123BL4<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102428.00    | 0.00%             | 2035-09-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| AHS HOSPITAL CORP                                                                | AHS Hospital Corp                                                                         | CUSIP: 001306AC3<br>LEI: 549300D7W3C9Z4RGJG34 | Long             | DBT              | CORP              | US        |    100000 | PA      | $60400.00     | 0.00%             | 2051-07-01      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                           | CUSIP: 718172CW7<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    250000 | PA      | $261027.50    | 0.00%             | 2029-11-17      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                            | CUSIP: 532457CX4<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251965.00    | 0.00%             | 2035-02-12      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YDH4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    275145 | PA      | $260977.84    | 0.00%             | 2053-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                             | CUSIP: 842400FC2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97046.00     | 0.00%             | 2036-02-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179NLE6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    215284 | PA      | $204128.43    | 0.00%             | 2043-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HONDA MOTOR CO LTD                                                               | Honda Motor Co Ltd                                                                        | CUSIP: 438127AB8<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $193418.00    | 0.00%             | 2027-03-10      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                                           | Santander Holdings USA Inc                                                                | CUSIP: 80282KBH8<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    100000 | PA      | $110187.00    | 0.00%             | 2031-11-09      | Fixed         | 7.66%                 | No            |                  2 | On Loan: No      |
| Indonesia Government International Bonds                                         | Indonesia Government International Bonds                                                  | CUSIP: 455780CW4<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    400000 | PA      | $257868.00    | 0.00%             | 2051-03-12      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132E0VN9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1219498 | PA      | $1263760.40   | 0.02%             | 2053-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DOLLAR TREE INC                                                                  | Dollar Tree Inc                                                                           | CUSIP: 256746AK4<br>LEI: 549300PMSTQITB1WHR43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $60558.00     | 0.00%             | 2051-12-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                                | CUSIP: 92343VFX7<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    192000 | PA      | $164568.96    | 0.00%             | 2030-10-30      | Fixed         | 1.68%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                                                                | Expedia Group Inc                                                                         | CUSIP: 30212PBK0<br>LEI: CI7MUJI4USF3V0NJ1H64 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100058.00    | 0.00%             | 2027-08-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ACUITY BRANDS LIGHTING                                                           | Acuity Brands Lighting Inc                                                                | CUSIP: 00510RAD5<br>LEI: 549300OTPVPFLUC38K21 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86665.00     | 0.00%             | 2030-12-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS                                                         | Air Products and Chemicals Inc                                                            | CUSIP: 009158BC9<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |    200000 | PA      | $178378.00    | 0.00%             | 2030-05-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UKY7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     64288 | PA      | $61915.22     | 0.00%             | 2049-01-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335BKX3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     52130 | PA      | $50341.97     | 0.00%             | 2044-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TAPESTRY INC                                                                     | Tapestry Inc                                                                              | CUSIP: 876030AA5<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65520.75     | 0.00%             | 2032-03-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                                | CUSIP: 871829BR7<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    150000 | PA      | $92992.50     | 0.00%             | 2051-12-14      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                                                            | Republic Services Inc                                                                     | CUSIP: 760759BC3<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150112.50    | 0.00%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CMB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11000000 | PA      | $11036953.18  | 0.21%             | 2027-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Target Corp                                                                      | Target Corp                                                                               | CUSIP: 87612EBG0<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    300000 | PA      | $226896.00    | 0.00%             | 2047-11-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| CAMDEN PROPERTY TRUST                                                            | Camden Property Trust                                                                     | CUSIP: 133131BB7<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              |  | US        |    100000 | PA      | $98294.00     | 0.00%             | 2034-01-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418DVX7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1247402 | PA      | $1133897.67   | 0.02%             | 2036-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| F&G ANNUITIES & LIFE INC                                                         | F&G Annuities & Life Inc                                                                  | CUSIP: 30190AAG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $72566.25     | 0.00%             | 2034-10-04      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD                                                               | Athene Holding Ltd                                                                        | CUSIP: 04686JAJ0<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98475.00     | 0.00%             | 2054-10-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue            | Regents of the University of California Medical Center Pooled Revenue                     | CUSIP: 913366EP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105175.00    | 0.00%             | 2048-05-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                         | CUSIP: 404280CH0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $225365.00    | 0.00%             | 2031-06-04      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DSR53<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    611754 | PA      | $611711.26    | 0.01%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                                                         | Duke Energy Progress LLC                                                                  | CUSIP: 26442UAC8<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    250000 | PA      | $183552.50    | 0.00%             | 2046-10-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                                | CUSIP: 458140CH1<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    200000 | PA      | $184076.00    | 0.00%             | 2043-02-10      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PCW0<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147735.00    | 0.00%             | 2027-01-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                                       | CUSIP: 015271BE8<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |    100000 | PA      | $98355.00     | 0.00%             | 2035-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                                                   | Salesforce Inc                                                                            | CUSIP: 79466LAF1<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |    300000 | PA      | $296736.00    | 0.01%             | 2028-04-11      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137FUZV9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1910000 | PA      | $1657076.60   | 0.03%             | 2030-05-25      | Fixed         | 1.31%                 | No            |                  2 | On Loan: No      |
| Kaiser Foundation Hospitals                                                      | Kaiser Foundation Hospitals                                                               | CUSIP: 48305QAF0<br>LEI: DW4Z57L3G4IRMHYZYK62 | Long             | DBT              | CORP              | US        |    250000 | PA      | $174035.00    | 0.00%             | 2041-06-01      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| JAPAN INT'L COOP AGENCY                                                          | Japan International Cooperation Agency                                                    | CUSIP: 47109LAE4<br>LEI: 254900XEIG78M2AJB031 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $172938.00    | 0.00%             | 2031-04-28      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Webster Financial Corp                                                           | Webster Financial Corp                                                                    | CUSIP: 947890AJ8<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48538.00     | 0.00%             | 2029-03-25      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CBT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     20158 | PA      | $18500.85     | 0.00%             | 2036-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140NRM86<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1243596 | PA      | $1205701.83   | 0.02%             | 2053-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHELL FINANCE US INC                                                             | Shell Finance US Inc                                                                      | CUSIP: 822905AE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    205000 | PA      | $159707.30    | 0.00%             | 2046-05-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GENERAL ELECTRIC CO                                                              | General Electric Co                                                                       | CUSIP: 36962G3P7<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104827.00    | 0.00%             | 2038-01-14      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PIEDMONT OPERATING PARTN                                                         | Piedmont Operating Partnership LP                                                         | CUSIP: 720198AJ9<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              |  | US        |     75000 | PA      | $77683.50     | 0.00%             | 2029-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                                                          | Arthur J Gallagher & Co                                                                   | CUSIP: 04316JAD1<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76459.50     | 0.00%             | 2033-03-02      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                           | CUSIP: 37045XEZ5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197192.00    | 0.00%             | 2029-10-06      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                                            | Mexico Government International Bonds                                                     | CUSIP: 91087BAY6<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    200000 | PA      | $199244.00    | 0.00%             | 2029-05-07      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia/The                                                          | Bank of Nova Scotia/The                                                                   | CUSIP: 064159QE9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $196186.00    | 0.00%             | 2026-08-03      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                         | CUSIP: 24703TAM8<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175957.25    | 0.00%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                         | CUSIP: 639057AB4<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $221375.00    | 0.00%             | 2035-11-28      | Fixed         | 3.03%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                         | CUSIP: 3620AMDZ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    157387 | PA      | $154320.72    | 0.00%             | 2040-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PUGET SOUND ENERGY INC                                                           | Puget Sound Energy Inc                                                                    | CUSIP: 745332CM6<br>LEI: 8MNFJR7KOMBQ7X62LK44 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75243.75     | 0.00%             | 2034-06-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 3128MMVE0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    156985 | PA      | $152099.36    | 0.00%             | 2031-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                                                   | Amazon.com Inc                                                                            | CUSIP: 023135AQ9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    180000 | PA      | $170697.60    | 0.00%             | 2044-12-05      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                                | CUSIP: 500630EH7<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $204094.00    | 0.00%             | 2030-02-03      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140Q9SP9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    264701 | PA      | $238739.65    | 0.00%             | 2048-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CLOROX COMPANY                                                                   | Clorox Co/The                                                                             | CUSIP: 189054AV1<br>LEI: 54930044KVSC06Z79I06 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145794.00    | 0.00%             | 2027-10-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| IBM INTERNAT CAPITAL                                                             | IBM International Capital Pte Ltd                                                         | CUSIP: 449276AB0<br>LEI: 2549007KTXQQBYZO7485 | Long             | DBT              | CORP              | SG        |    100000 | PA      | $100332.00    | 0.00%             | 2027-02-05      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Koninklijke Philips NV                                                           | Koninklijke Philips NV                                                                    | CUSIP: 500472AC9<br>LEI: H1FJE8H61JGM1JSGM897 | Long             | DBT              | CORP              | NL        |    150000 | PA      | $161146.50    | 0.00%             | 2038-03-11      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                                           | Santander Holdings USA Inc                                                                | CUSIP: 80282KBF2<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207128.00    | 0.00%             | 2029-03-09      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                                   | CUSIP: 404121AL9<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70756.50     | 0.00%             | 2054-09-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| WP Carey Inc                                                                     | WP Carey Inc                                                                              | CUSIP: 92936UAE9<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              |  | US        |    150000 | PA      | $149080.50    | 0.00%             | 2026-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Exxon Mobil Corp                                                                 | Exxon Mobil Corp                                                                          | CUSIP: 30231GAZ5<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    300000 | PA      | $195393.00    | 0.00%             | 2049-08-16      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL SPECIALTY F                                                         | Bain Capital Specialty Finance Inc                                                        | CUSIP: 05684BAC1<br>LEI: 549300V2JL72R0EYBK64 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96156.00     | 0.00%             | 2026-10-13      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810RG5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3893600 | PA      | $3138302.46   | 0.06%             | 2044-05-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                               | CUSIP: 38141GYK4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    250000 | PA      | $174200.00    | 0.00%             | 2042-07-21      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY INDIANA LLC                                                          | Duke Energy Indiana LLC                                                                   | CUSIP: 26443TAB2<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |    150000 | PA      | $98292.00     | 0.00%             | 2049-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Koninklijke KPN NV                                                               | Koninklijke KPN NV                                                                        | CUSIP: 780641AH9<br>LEI: 549300YO0JZHAL7FVP81 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $116597.00    | 0.00%             | 2030-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                              | CUSIP: 3137HCXK3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    600000 | PA      | $611986.16    | 0.01%             | 2034-03-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Cenovus Energy Inc                                                               | Cenovus Energy Inc                                                                        | CUSIP: 15135UAP4<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |     76000 | PA      | $70587.28     | 0.00%             | 2037-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179UPB2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    111232 | PA      | $107126.73    | 0.00%             | 2049-03-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                              | CUSIP: 20030NDQ1<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $101830.00    | 0.00%             | 2062-08-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| WASHINGTON UNIVERSITY                                                            | Washington University/The                                                                 | CUSIP: 940663AD9<br>LEI: 2V765680J33YAZOYW441 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74515.00     | 0.00%             | 2122-04-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Panama Government International Bonds                                            | Panama Government International Bonds                                                     | CUSIP: 698299BF0<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    200000 | PA      | $191990.00    | 0.00%             | 2028-03-17      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK OP LLC                                                                | Healthpeak OP LLC                                                                         | CUSIP: 42250PAB9<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              |  | US        |    150000 | PA      | $134797.50    | 0.00%             | 2031-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 21-1A EETC                                                          | American Airlines 2021-1 Class A Pass Through Trust                                       | CUSIP: 02379KAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    129891 | PA      | $113010.63    | 0.00%             | 2034-07-11      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418CDJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    174964 | PA      | $163766.16    | 0.00%             | 2036-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                                | CUSIP: 00287YDV8<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    150000 | PA      | $143905.50    | 0.00%             | 2044-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                                                              | Dollar General Corp                                                                       | CUSIP: 256677AH8<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $72367.00     | 0.00%             | 2050-04-03      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132ACMA5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    122339 | PA      | $110476.13    | 0.00%             | 2048-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179WDP0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    358229 | PA      | $275316.58    | 0.01%             | 2051-04-20      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                               | CUSIP: 713448FZ6<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94944.00     | 0.00%             | 2054-07-17      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Japan Bank for International Cooperation                                         | Japan Bank for International Cooperation                                                  | CUSIP: 471048CF3<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $182732.00    | 0.00%             | 2029-10-17      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                                                              | Carrier Global Corp                                                                       | CUSIP: 14448CAL8<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |    150000 | PA      | $134946.00    | 0.00%             | 2031-02-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                      | CUSIP: 06051GJE0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    900000 | PA      | $628578.00    | 0.01%             | 2041-06-19      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| TAMPA ELECTRIC CO                                                                | Tampa Electric Co                                                                         | CUSIP: 875127BM3<br>LEI: WS423EPRKJIIJUITXD73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101628.00    | 0.00%             | 2029-03-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd                                                        | Alibaba Group Holding Ltd                                                                 | CUSIP: 01609WAR3<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $190712.00    | 0.00%             | 2034-11-28      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EQUINOR ASA                                                                      | Equinor ASA                                                                               | CUSIP: 29446MAC6<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |    300000 | PA      | $202038.00    | 0.00%             | 2049-11-18      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Hartford Financial Services Group Inc/The                                        | Hartford Insurance Group Inc/The                                                          | CUSIP: 416515BF0<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |    150000 | PA      | $107322.00    | 0.00%             | 2049-08-19      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| MCCORMICK & CO                                                                   | McCormick & Co Inc/MD                                                                     | CUSIP: 579780AT4<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98839.00     | 0.00%             | 2033-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804GG3<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $128340.00    | 0.00%             | 2032-03-30      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | Edison International                                                                      | CUSIP: 281020BC0<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101346.00    | 0.00%             | 2030-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                                   | CUSIP: 06418JAA9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $202522.00    | 0.00%             | 2026-12-07      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                           | Extra Space Storage LP                                                                    | CUSIP: 30225VAT4<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |     75000 | PA      | $73960.50     | 0.00%             | 2035-01-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                         | CUSIP: 30040WAK4<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    250000 | PA      | $214145.00    | 0.00%             | 2030-08-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3140F1VU3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    251483 | PA      | $227905.36    | 0.00%             | 2046-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132ADPF9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    161617 | PA      | $159415.35    | 0.00%             | 2048-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Transfer Operating LP                                                     | Energy Transfer Operating LP                                                              | CUSIP: 29278NAR4<br>LEI: 5493008K8W3OKZE54J59 | Long             | DBT              | CORP              | US        |    350000 | PA      | $283136.00    | 0.01%             | 2050-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418ECU2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    784484 | PA      | $708548.29    | 0.01%             | 2037-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                                                     | Alphabet Inc                                                                              | CUSIP: 02079KAK3<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148581.00    | 0.00%             | 2030-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                                                         | CSX Corp                                                                                  | CUSIP: 126408HR7<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $68062.00     | 0.00%             | 2049-09-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                               | CUSIP: 694308HS9<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97359.00     | 0.00%             | 2027-03-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31419ANJ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     59793 | PA      | $61330.08     | 0.00%             | 2039-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36202F3M6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     76347 | PA      | $70035.95     | 0.00%             | 2042-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CORP                                                                | Toyota Motor Corp                                                                         | CUSIP: 892331AN9<br>LEI: 5493006W3QUS5LMH6R84 | Long             | DBT              | CORP              | JP        |    100000 | PA      | $88408.00     | 0.00%             | 2031-03-25      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                          | CUSIP: 05526DBX2<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $114297.00    | 0.00%             | 2032-10-19      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bonds                                                                       | CUSIP: 912810SS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11901000 | PA      | $6114138.75   | 0.11%             | 2050-11-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                                                               | Cenovus Energy Inc                                                                        | CUSIP: 15135UAW9<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $84876.00     | 0.00%             | 2032-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Mid-America Apartments LP                                                        | Mid-America Apartments LP                                                                 | CUSIP: 59523UAP2<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              |  | US        |    100000 | PA      | $99232.00     | 0.00%             | 2028-06-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                                       | CUSIP: 14913UAV2<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100499.00    | 0.00%             | 2027-01-07      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                            | CUSIP: 927804FZ2<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148122.00    | 0.00%             | 2028-04-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179YU77<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1231758 | PA      | $1249046.03   | 0.02%             | 2054-04-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 3138Y32E0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    211218 | PA      | $199817.52    | 0.00%             | 2044-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                                      | CUSIP: 49271VAN0<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87314.00     | 0.00%             | 2031-03-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748BX9<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70466.25     | 0.00%             | 2054-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| ROCKWELL AUTOMATION                                                              | Rockwell Automation Inc                                                                   | CUSIP: 773903AL3<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84891.00     | 0.00%             | 2031-08-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                              | CUSIP: 883556CX8<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201816.00    | 0.00%             | 2033-08-10      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                                                         | Microchip Technology Inc                                                                  | CUSIP: 595017BE3<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151134.00    | 0.00%             | 2029-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                                        | CUSIP: 254687EX0<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90221.00     | 0.00%             | 2045-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BHP BILLITON FIN USA LTD                                                         | BHP Billiton Finance USA Ltd                                                              | CUSIP: 055451BA5<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | CORP              | AU        |    150000 | PA      | $148789.50    | 0.00%             | 2033-02-28      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Johns Hopkins University                                                         | Johns Hopkins University                                                                  | CUSIP: 478115AB4<br>LEI: 549300Z1XKWYKTIOM958 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77654.00     | 0.00%             | 2053-07-01      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418AUQ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    159239 | PA      | $151987.42    | 0.00%             | 2033-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| President and Fellows of Harvard College                                         | President and Fellows of Harvard College                                                  | CUSIP: 740816AH6<br>LEI: 6S3X7J22E861RNTJSA74 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71439.00     | 0.00%             | 2040-10-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AMERIPRISE FINANCIAL INC                                                         | Ameriprise Financial Inc                                                                  | CUSIP: 03076CAN6<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156399.00    | 0.00%             | 2028-12-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| COUSINS PROPERTIES LP                                                            | Cousins Properties LP                                                                     | CUSIP: 222793AB7<br>LEI: 254900ZQIHJ5FQH4C329 | Long             | DBT              |  | US        |     75000 | PA      | $74561.25     | 0.00%             | 2032-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                                | CUSIP: 683234AV0<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    250000 | PA      | $256422.50    | 0.00%             | 2034-04-24      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                                | CUSIP: 871829BL0<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    200000 | PA      | $210480.00    | 0.00%             | 2030-04-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                                           | Arizona Public Service Co                                                                 | CUSIP: 040555DC5<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    150000 | PA      | $85756.50     | 0.00%             | 2050-09-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                                                | Cisco Systems Inc                                                                         | CUSIP: 17275RBQ4<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |    400000 | PA      | $404164.00    | 0.01%             | 2027-02-26      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179TZ40<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    201105 | PA      | $181786.70    | 0.00%             | 2048-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                              | CUSIP: 06738ECS2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $198898.00    | 0.00%             | 2055-03-12      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CKP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13000000 | PA      | $13332617.22  | 0.25%             | 2029-04-30      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp                                                            | Northrop Grumman Corp                                                                     | CUSIP: 666807BH4<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    150000 | PA      | $132870.00    | 0.00%             | 2043-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                           | CUSIP: 500769JY1<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    500000 | PA      | $492995.00    | 0.01%             | 2033-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                       | CUSIP: 46647PBU9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    250000 | PA      | $213657.50    | 0.00%             | 2031-11-19      | Fixed         | 1.76%                 | No            |                  2 | On Loan: No      |
| NSTAR ELECTRIC CO                                                                | NSTAR Electric Co                                                                         | CUSIP: 67021CAV9<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100956.00    | 0.00%             | 2034-06-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                                   | CUSIP: 55336VAM2<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    350000 | PA      | $302375.50    | 0.01%             | 2038-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                                                       | CUSIP: 91282CMT5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8000000 | PA      | $7986875.04   | 0.15%             | 2032-03-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| OAKTREE STRATEGIC CREDIT                                                         | Oaktree Strategic Credit Fund                                                             | CUSIP: 67403AAB5<br>LEI: 2549006RRE0JC7G43241 | Long             | DBT              | CORP              | US        |     75000 | PA      | $80461.50     | 0.00%             | 2028-11-14      | Fixed         | 8.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179W5A2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    201186 | PA      | $161740.61    | 0.00%             | 2052-05-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                                                 | Georgia Power Co                                                                          | CUSIP: 373334KP5<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $66243.00     | 0.00%             | 2051-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Analog Devices Inc                                                               | Analog Devices Inc                                                                        | CUSIP: 032654AN5<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98908.00     | 0.00%             | 2026-12-05      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 31329PXL2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    282248 | PA      | $271659.90    | 0.01%             | 2048-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMCOR FLEXIBLES NORTH AM                                                         | Amcor Flexibles North America Inc                                                         | CUSIP: 02344AAD0<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125903.75    | 0.00%             | 2030-03-17      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| FEDERAL FARM CREDIT BANK                                                         | Federal Farm Credit Banks Funding Corp                                                    | CUSIP: 3133ERVU2<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |   1000000 | PA      | $993320.00    | 0.02%             | 2026-10-02      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                                        | CUSIP: 437076AU6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98800.00     | 0.00%             | 2040-09-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                                      | CUSIP: 459200LJ8<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    175000 | PA      | $174345.50    | 0.00%             | 2035-02-10      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                                                 | Georgia Power Co                                                                          | CUSIP: 373334JS1<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    150000 | PA      | $136938.00    | 0.00%             | 2040-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 3618N5A33<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2363489 | PA      | $2294326.22   | 0.04%             | 2054-11-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                                 | CUSIP: 775109DE8<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $201562.00    | 0.00%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                                                             | Targa Resources Corp                                                                      | CUSIP: 87612GAE1<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    200000 | PA      | $208834.00    | 0.00%             | 2029-03-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                                | CUSIP: 14040HDC6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    300000 | PA      | $334632.00    | 0.01%             | 2031-10-30      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DTEZ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2328686 | PA      | $1839640.85   | 0.03%             | 2052-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                                                            | Huntington Bancshares Inc/OH                                                              | CUSIP: 446150AS3<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    150000 | PA      | $135705.00    | 0.00%             | 2030-02-04      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                                                      | Nutrien Ltd                                                                               | CUSIP: 67077MBD9<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $99692.00     | 0.00%             | 2034-06-21      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                                                 | Berry Global Inc                                                                          | CUSIP: 08576PAL5<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101849.00    | 0.00%             | 2028-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132DWBS1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1984129 | PA      | $1468163.92   | 0.03%             | 2051-06-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                                | CUSIP: 500630EC8<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |    350000 | PA      | $351645.00    | 0.01%             | 2027-02-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3133KLS65<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    631843 | PA      | $497224.99    | 0.01%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                            | CUSIP: 548661DR5<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    300000 | PA      | $291135.00    | 0.01%             | 2029-04-05      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| PROV ST JOSEPH HLTH OBL                                                          | Providence St Joseph Health Obligated Group                                               | CUSIP: 743820AC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $100226.00    | 0.00%             | 2033-10-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                                | CUSIP: 444859CB6<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    200000 | PA      | $180000.00    | 0.00%             | 2054-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                                | CUSIP: 871829BV8<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100057.00    | 0.00%             | 2035-03-23      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418FCS4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    358028 | PA      | $361107.57    | 0.01%             | 2044-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BALTIMORE GAS & ELECTRIC                                                         | Baltimore Gas and Electric Co                                                             | CUSIP: 059165EP1<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81511.00     | 0.00%             | 2052-06-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Barrick North America Finance LLC                                                | Barrick North America Finance LLC                                                         | CUSIP: 06849RAK8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $147058.50    | 0.00%             | 2043-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XFG6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    913793 | PA      | $843357.30    | 0.02%             | 2052-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                                                            | Rio Tinto Finance USA PLC                                                                 | CUSIP: 76720AAN6<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $150103.50    | 0.00%             | 2033-03-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING Groep NV                                                                              | CUSIP: 456837BR3<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $201296.00    | 0.00%             | 2031-03-25      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179R7K9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    137591 | PA      | $129758.94    | 0.00%             | 2046-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                                    | CUSIP: 209111GN7<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    125000 | PA      | $117737.50    | 0.00%             | 2055-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179VVX5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1872756 | PA      | $1506968.53   | 0.03%             | 2050-10-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                    | CUSIP: 91324PAX0<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $106999.00    | 0.00%             | 2037-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PIEDMONT OPERATING PARTN                                                         | Piedmont Operating Partnership LP                                                         | CUSIP: 720198AE0<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              |  | US        |    150000 | PA      | $132298.50    | 0.00%             | 2030-08-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| CUBESMART LP                                                                     | CubeSmart LP                                                                              | CUSIP: 22966RAJ5<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              |  | US        |    150000 | PA      | $127236.00    | 0.00%             | 2032-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                                                           | Morgan Stanley Bank NA                                                                    | CUSIP: 61690U8A1<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251517.50    | 0.00%             | 2028-01-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| UNION ELECTRIC CO                                                                | Union Electric Co                                                                         | CUSIP: 906548CS9<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |    100000 | PA      | $57807.00     | 0.00%             | 2051-03-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                                   | CUSIP: 828807DH7<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    250000 | PA      | $164027.50    | 0.00%             | 2049-09-13      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp                                | National Rural Utilities Cooperative Finance Corp                                         | CUSIP: 637432NT8<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81399.00     | 0.00%             | 2049-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp                                                       | Capital One Financial Corp                                                                | CUSIP: 14040HCE3<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246020.00    | 0.00%             | 2027-05-11      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                                | CUSIP: 444859BF8<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99294.00     | 0.00%             | 2027-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                           | CUSIP: 31418BSY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    776442 | PA      | $707450.83    | 0.01%             | 2045-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COUNCIL OF EUROPE                                                                | Council Of Europe Development Bank                                                        | CUSIP: 222213BE9<br>LEI: 549300UYNXMI821WYG82 | Long             | DBT              | NUSS              | XX        |    250000 | PA      | $251282.50    | 0.00%             | 2029-01-24      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                          | CUSIP: 3132D6AB6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    985975 | PA      | $869331.51    | 0.02%             | 2036-05-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                                     | CUSIP: 31335APX0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    165820 | PA      | $146040.49    | 0.00%             | 2041-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                                        | CUSIP: 36179XDE3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1725281 | PA      | $1641779.90   | 0.03%             | 2052-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Colgate-Palmolive Co                                                             | Colgate-Palmolive Co                                                                      | CUSIP: 19416QEK2<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76304.00     | 0.00%             | 2047-08-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                               | CUSIP: 931142EU3<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    200000 | PA      | $138334.00    | 0.00%             | 2041-09-22      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-26

**Name of Applicant:** SCHWAB INVESTMENTS

**Signature:** Dana Smith

**Name of Signer:** Dana Smith

**Title:** CFO