# EDGAR Filing Document

**Accession Number:** 0000747677
**File Stem:** 0001752724-25-200360
**Filing Date:** 2025-8
**Character Count:** 163267
**Document Hash:** 00ff518cae868abd60a66bc902485d79
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-200360.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001752724-25-200360

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250822

**DATE AS OF CHANGE**: 20250822

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DEUTSCHE DWS INCOME TRUST
- **CENTRAL INDEX KEY:** 0000747677

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04049
- **FILM NUMBER:** 251245995

**BUSINESS ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022-6225
- **BUSINESS PHONE:** 212-454-4500

**MAIL ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022-6225

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DEUTSCHE INCOME TRUST
- **DATE OF NAME CHANGE:** 20140811

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DWS INCOME TRUST
- **DATE OF NAME CHANGE:** 20060207

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SCUDDER INCOME TRUST
- **DATE OF NAME CHANGE:** 20000616

## Series and Classes Contracts Data

### DWS GNMA Fund (Series ID: S000005964)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000016427 | Class S             | SGINX           |
| C000075469 | Class A             | GGGGX           |
| C000075470 | Class C             | GCGGX           |
| C000075471 | Institutional Class | GIGGX           |
| C000152123 | Class R6            | GRRGX           |

## Nport-Ex

Investment Portfolio**as of June 30, 2025 (Unaudited)** 

**DWS GNMA Fund** 

---

| | | |
|:---|:---|:---|
|  | **Principal** <br>**Amount ($)**<br>| **Value ($)** |
| **Government National Mortgage Association 121.0%** | **Government National Mortgage Association 121.0%** |  |
| Government National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp; 2.0%, with various maturities from 1/20/2051 until 7/1/2055 (a) | 187597970 | &nbsp;&nbsp; 152768646 |
| &nbsp;&nbsp;&nbsp; 2.5%, with various maturities from 10/20/2050 until 7/1/2055 (a) | 142424688 | &nbsp;&nbsp; 121118780 |
| &nbsp;&nbsp;&nbsp; 3.0%, with various maturities from 9/15/2042 until 7/1/2055 (a) | 116761886 | &nbsp;&nbsp; 103719142 |
| &nbsp;&nbsp;&nbsp; 3.5%, with various maturities from 11/20/2041 until 12/20/2051  | 47614820 | &nbsp;&nbsp; 44158147 |
| &nbsp;&nbsp;&nbsp; 4.0%, with various maturities from 8/20/2040 until 4/20/2053  | 39588698 | &nbsp;&nbsp; 37502683 |
| &nbsp;&nbsp;&nbsp; 4.25%, 9/15/2041 | 99648 | &nbsp;&nbsp; 97564 |
| &nbsp;&nbsp;&nbsp; 4.49%, with various maturities from 6/15/2041 until 7/15/2041  | 265888 | &nbsp;&nbsp; 263648 |
| &nbsp;&nbsp;&nbsp; 4.5%, with various maturities from 8/15/2039 until 7/1/2055 (a) | 59449179 | &nbsp;&nbsp; 57331200 |
| &nbsp;&nbsp;&nbsp; 4.55%, 1/15/2041 | 437650 | &nbsp;&nbsp; 434591 |
| &nbsp;&nbsp;&nbsp; 4.625%, 5/15/2041 | 182174 | &nbsp;&nbsp; 181658 |
| &nbsp;&nbsp;&nbsp; 5.0%, with various maturities from 3/20/2029 until 7/1/2055 (a) | 116972898 | &nbsp;&nbsp; 115195479 |
| &nbsp;&nbsp;&nbsp; 5.5%, 7/1/2055 (a) | 78500000 | &nbsp;&nbsp; 78591845 |
| &nbsp;&nbsp;&nbsp; 6.0%, with various maturities from 5/20/2055 until 7/1/2055 (a) | 100959628 | &nbsp;&nbsp; 102419840 |
| &nbsp;&nbsp;&nbsp; 6.5%, with various maturities from 6/20/2032 until 7/1/2055 (a) | 27166302 | &nbsp;&nbsp; 28045565 |
| &nbsp;&nbsp;&nbsp; 7.5%, with various maturities from 7/20/2026 until 4/20/2032  | 22406 | &nbsp;&nbsp; 23792 |
| **Total Government National Mortgage Association** (Cost $860,272,627) | **Total Government National Mortgage Association** (Cost $860,272,627) | &nbsp;&nbsp; **841852580** |
| **Asset-Backed 3.3%** | **Asset-Backed 3.3%** |  |
| **Automobile Receivables 0.9%** | **Automobile Receivables 0.9%** |  |
| &nbsp;&nbsp;&nbsp; Avis Budget Rental Car Funding AESOP LLC, "C", Series 2020-1A, 144A, 3.02%, <br> 8/20/2026 <br>| 401667 | &nbsp;&nbsp; 400659 |
| Carvana Auto Receivables Trust: |  |  |
| &nbsp;&nbsp;&nbsp; "C", Series 2021-N3, 1.02%, 6/12/2028  | 1900552 | &nbsp;&nbsp; 1831771 |
| &nbsp;&nbsp;&nbsp; "C", Series 2021-N4, 1.72%, 9/11/2028  | 1063629 | &nbsp;&nbsp; 1029399 |
| Exeter Automobile Receivables Trust, "E", Series 2021-1A, 144A, 2.21%, 2/15/2028  | 3000000 | &nbsp;&nbsp; 2973933 |
|  |  | &nbsp;&nbsp; **6235762** |
| **Credit Card Receivables 0.1%** | **Credit Card Receivables 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Continental Finance Credit Card ABS Master Trust, "A", Series 2024-A, 144A, 5.78%, <br> 12/15/2032 <br>| 1000000 | &nbsp;&nbsp; **1012585** |
| **Home Equity Loans 0.2%** | **Home Equity Loans 0.2%** |  |
| Towd Point Mortgage Trust, "A1", Series 2025-CRM1, 144A, 5.799%, 1/25/2065  | 1396344 | &nbsp;&nbsp; **1406372** |
| **Miscellaneous 2.1%** | **Miscellaneous 2.1%** |  |
| &nbsp;&nbsp;&nbsp; 522 Funding CLO Ltd., "AR", Series 2018-3A, 144A, 3 mo. USD Term SOFR + <br> 1.302%, 5.571% (b), 10/20/2031 <br>| 2376966 | &nbsp;&nbsp; 2377705 |
| &nbsp;&nbsp;&nbsp; Alinea CLO Ltd., "AR", Series 2018-1A, 144A, 3 mo. USD Term SOFR + 0.9%, <br> 5.169% (b), 7/20/2031 <br>| 1759535 | &nbsp;&nbsp; 1758592 |
| &nbsp;&nbsp;&nbsp; CIFC Funding Ltd., "A1R", Series 2020-4A, 144A, 3 mo. USD Term SOFR + 1.3%, <br> 5.556% (b), 1/15/2040 <br>| 2000000 | &nbsp;&nbsp; 2005252 |
| &nbsp;&nbsp;&nbsp; Dryden 43 Senior Loan Fund, "AR3", Series 2016-43A, 144A, 3 mo. USD Term SOFR <br> + 1.07%, 5.339% (b), 4/20/2034 <br>| 4000000 | &nbsp;&nbsp; 4002000 |
| &nbsp;&nbsp;&nbsp; Empower CLO Ltd., "A1", Series 2023-2A, 144A, 3 mo. USD Term SOFR + 2.2%, <br> 6.456% (b), 7/15/2036 <br>| 1110000 | &nbsp;&nbsp; 1113216 |

---

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp; Octagon Investment Partners XVII Ltd., "A2R2", Series 2013-1A, 144A, 3 mo. USD <br> Term SOFR + 1.362%, 5.643% (b), 1/25/2031 <br>| 1525000 | &nbsp;&nbsp; 1523922 |
| &nbsp;&nbsp;&nbsp; THL Credit Wind River CLO Ltd., "AR2", Series 2019-3A, 144A, 3 mo. USD Term <br> SOFR + 1.06%, 5.316% (b), 4/15/2031 <br>| 1591196 | &nbsp;&nbsp; 1591435 |
|  |  | &nbsp;&nbsp; **14372122** |
| **Total Asset-Backed** (Cost $22,917,687) | **Total Asset-Backed** (Cost $22,917,687) | &nbsp;&nbsp; **23026841** |
| **Commercial Mortgage-Backed Securities 1.5%** | **Commercial Mortgage-Backed Securities 1.5%** |  |
| BAHA Trust, "A", Series 2024-MAR, 144A, 6.171% (b), 12/10/2041  | 1286000 | &nbsp;&nbsp; 1331315 |
| &nbsp;&nbsp;&nbsp; BPR Trust, "B", Series 2021-TY, 144A, 1 mo. USD Term SOFR + 1.264%, 5.576% (b), <br> 9/15/2038 <br>| 900000 | &nbsp;&nbsp; 896647 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, "B", Series 2021-SOAR, 144A, 1 mo. USD Term <br> SOFR + 0.984%, 5.296% (b), 6/15/2038 <br>| 1753476 | &nbsp;&nbsp; 1753874 |
| &nbsp;&nbsp;&nbsp; BX Trust, "B", Series 2021-ARIA, 144A, 1 mo. USD Term SOFR + 1.411%, 5.723% <br> (b), 10/15/2036 <br>| 3000000 | &nbsp;&nbsp; 2996250 |
| &nbsp;&nbsp;&nbsp; Fontainebleau Miami Beach Mortgage Trust, "B", Series 2024-FBLU, 144A, 1 mo. USD <br> Term SOFR + 1.85%, 6.162% (b), 12/15/2039 <br>| 563000 | &nbsp;&nbsp; 562297 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase Commercial Mortgage Securities Trust, "A", Series 2016-NINE, 144A, <br> 2.949% (b), 9/6/2038 <br>| 500000 | &nbsp;&nbsp; 487501 |
| &nbsp;&nbsp;&nbsp; KIND Trust, "A", Series 2021-KIND, 144A, 1 mo. USD Term SOFR + 1.064%, 5.38% <br> (b), 8/15/2038 <br>| 991720 | &nbsp;&nbsp; 980563 |
| &nbsp;&nbsp;&nbsp; SWCH Commercial Mortgage Trust, "A", Series 2025-DATA, 144A, 1 mo. USD Term <br> SOFR + 1.443%, 5.755% (b), 2/15/2042 <br>| 1500000 | &nbsp;&nbsp; 1488902 |
| **Total Commercial Mortgage-Backed Securities** (Cost $10,425,031) | **Total Commercial Mortgage-Backed Securities** (Cost $10,425,031) | &nbsp;&nbsp; **10497349** |
| **Collateralized Mortgage Obligations 27.0%** | **Collateralized Mortgage Obligations 27.0%** |  |
| &nbsp;&nbsp;&nbsp; Chase Home Lending Mortgage Trust, "A11", Series 2019-ATR1, 144A, 1 mo. USD <br> Term SOFR + 1.064%, 5.384% (b), 4/25/2049<br>| 495592 | &nbsp;&nbsp; 476857 |
| CIM Trust, "A4", Series 2018-INV1, 144A, 4.0%, 8/25/2048 | 1116926 | &nbsp;&nbsp; 1047772 |
| Federal Home Loan Mortgage Corp.: |  |  |
| &nbsp;&nbsp;&nbsp; "OP", Series 5417, Principal Only, Zero Coupon , 6/25/2054  | 7347705 | &nbsp;&nbsp; 6158957 |
| &nbsp;&nbsp;&nbsp; "C11", Series 414, Interest Only, 1.5%, 1/25/2042  | 3264352 | &nbsp;&nbsp; 233641 |
| &nbsp;&nbsp;&nbsp; "IG", Series 5070, Interest Only, 1.5%, 1/25/2044  | 14845146 | &nbsp;&nbsp; 813115 |
| &nbsp;&nbsp;&nbsp; "CI", Series 5037, Interest Only, 1.5%, 11/25/2050  | 2926542 | &nbsp;&nbsp; 277564 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "NS", Series 4993, Interest Only, 5.936% minus 30 day USD SOFR Average, 1.63% <br> (b), 7/25/2050 <br>| 2036885 | &nbsp;&nbsp; 293200 |
| &nbsp;&nbsp;&nbsp; "MI", Series 5018, Interest Only, 2.0%, 10/25/2050  | 2481433 | &nbsp;&nbsp; 341193 |
| &nbsp;&nbsp;&nbsp; "IE", Series 5050, Interest Only, 2.0%, 12/25/2050  | 4877030 | &nbsp;&nbsp; 590052 |
| &nbsp;&nbsp;&nbsp; "AI", Series 5063, Interest Only, 2.0%, 1/25/2051  | 7150020 | &nbsp;&nbsp; 913081 |
| &nbsp;&nbsp;&nbsp; "JI", Series 5058, Interest Only, 2.0%, 1/25/2051  | 3894069 | &nbsp;&nbsp; 458542 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "NS", Series 4999, Interest Only, 6.436% minus 30 day USD SOFR Average, 2.13% <br> (b), 1/25/2042 <br>| 3097117 | &nbsp;&nbsp; 162005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "WS", Series 3981, Interest Only, 6.436% minus 30 day USD SOFR Average, 2.132% <br> (b), 5/15/2041 <br>| 700443 | &nbsp;&nbsp; 22717 |
| &nbsp;&nbsp;&nbsp; "AI", Series 5200, Interest Only, 2.5%, 5/25/2049  | 382179 | &nbsp;&nbsp; 53376 |
| &nbsp;&nbsp;&nbsp; "PI", Series 4992, Interest Only, 2.5%, 7/25/2050  | 2856199 | &nbsp;&nbsp; 355834 |
| &nbsp;&nbsp;&nbsp; "LI", Series 5036, Interest Only, 2.5%, 11/25/2050  | 29935077 | &nbsp;&nbsp; 5047069 |
| &nbsp;&nbsp;&nbsp; "NI", Series 5053, Interest Only, 2.5%, 12/25/2050  | 29109568 | &nbsp;&nbsp; 4495115 |
| &nbsp;&nbsp;&nbsp; "LI", Series 5132, Interest Only, 2.5%, 1/25/2051  | 19884986 | &nbsp;&nbsp; 2520655 |
| &nbsp;&nbsp;&nbsp; "DI", Series 5081, Interest Only, 2.5%, 3/25/2051  | 12368885 | &nbsp;&nbsp; 1930695 |
| &nbsp;&nbsp;&nbsp; "IJ", Series 5141, Interest Only, 2.5%, 4/25/2051  | 24785697 | &nbsp;&nbsp; 2940354 |
| &nbsp;&nbsp;&nbsp; "JI", Series 5129, Interest Only, 2.5%, 8/25/2051  | 17137149 | &nbsp;&nbsp; 2638873 |
| &nbsp;&nbsp;&nbsp; "MI", Series 5135, Interest Only, 2.5%, 8/25/2051  | 14384628 | &nbsp;&nbsp; 1673112 |
| &nbsp;&nbsp;&nbsp; "CZ", Series 4113, 3.0%, 9/15/2042  | 1399632 | &nbsp;&nbsp; 1122854 |
| &nbsp;&nbsp;&nbsp; "300", Series 352, 3.0%, 10/15/2046  | 163417 | &nbsp;&nbsp; 147519 |
| &nbsp;&nbsp;&nbsp; "PA", Series 4704, 3.5%, 7/15/2047  | 785095 | &nbsp;&nbsp; 717051 |
| &nbsp;&nbsp;&nbsp; "JI", Series 5236, Interest Only, 4.0%, 2/25/2052  | 20574658 | &nbsp;&nbsp; 2448719 |
| &nbsp;&nbsp;&nbsp; "IJ", Series 4472, Interest Only, 6.0%, 11/15/2043  | 3187477 | &nbsp;&nbsp; 555735 |

---

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "AS", Series 5501, 15.51% minus (2.2 x 30 day USD SOFR Average), 6.039% (b), <br> 2/25/2055 <br>| 8665781 | &nbsp;&nbsp; 8645093 |
| Federal National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "SC", Series 2017-73, Interest Only, 3.486% minus 30 day USD SOFR Average, 0.0% <br> (b), 9/25/2047 <br>| 6557748 | &nbsp;&nbsp; 169159 |
| &nbsp;&nbsp;&nbsp; "ET", Series 2024-105, 0.125%, 1/25/2055  | 5539729 | &nbsp;&nbsp; 4479012 |
| &nbsp;&nbsp;&nbsp; "TI", Series 2021-4, Interest Only, 1.5%, 12/25/2040  | 12792394 | &nbsp;&nbsp; 539256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "TS", Series 2019-71, Interest Only, 5.886% minus 30 day USD SOFR Average, <br> 1.58% (b), 11/25/2049 <br>| 9349294 | &nbsp;&nbsp; 982541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "BS", Series 2019-60, Interest Only, 5.936% minus 30 day USD SOFR Average, <br> 1.63% (b), 10/25/2049 <br>| 6451199 | &nbsp;&nbsp; 764210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "CS", Series 2013-86, Interest Only, 6.036% minus 30 day USD SOFR Average, <br> 1.73% (b), 7/25/2043 <br>| 5325597 | &nbsp;&nbsp; 435948 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "PS", Series 2013-81, Interest Only, 6.036% minus 30 day USD SOFR Average, <br> 1.73% (b), 7/25/2043 <br>| 3235314 | &nbsp;&nbsp; 345706 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "PS", Series 2013-83, Interest Only, 6.036% minus 30 day USD SOFR Average, <br> 1.73% (b), 7/25/2043 <br>| 1847981 | &nbsp;&nbsp; 151007 |
| &nbsp;&nbsp;&nbsp; "AY", Series 2013-6, 2.0%, 2/25/2043  | 1244000 | &nbsp;&nbsp; 876614 |
| &nbsp;&nbsp;&nbsp; "IA", Series 2021-21, Interest Only, 2.0%, 7/25/2047  | 26291188 | &nbsp;&nbsp; 2237184 |
| &nbsp;&nbsp;&nbsp; "AQ", Series 2020-56, 2.0%, 8/25/2050  | 200000 | &nbsp;&nbsp; 157555 |
| &nbsp;&nbsp;&nbsp; "AI", Series 2020-97, Interest Only, 2.0%, 1/25/2051  | 1517833 | &nbsp;&nbsp; 200406 |
| &nbsp;&nbsp;&nbsp; "EI", Series 2021-42, Interest Only, 2.0%, 3/25/2051  | 3634238 | &nbsp;&nbsp; 519334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "GS", Series 2011-123, Interest Only, 6.436% minus 30 day USD SOFR Average, <br> 2.13% (b), 10/25/2041 <br>| 1433292 | &nbsp;&nbsp; 105277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "PS", Series 2011-127, Interest Only, 6.536% minus 30 day USD SOFR Average, <br> 2.23% (b), 8/25/2041 <br>| 1025355 | &nbsp;&nbsp; 48624 |
| &nbsp;&nbsp;&nbsp; "KL", Series 2016-83, 2.5%, 11/25/2046  | 107247 | &nbsp;&nbsp; 77280 |
| &nbsp;&nbsp;&nbsp; "IW", Series 2021-76, Interest Only, 2.5%, 2/25/2048  | 17997979 | &nbsp;&nbsp; 2569133 |
| &nbsp;&nbsp;&nbsp; "JI", Series 2020-75, Interest Only, 2.5%, 11/25/2050  | 521812 | &nbsp;&nbsp; 79165 |
| &nbsp;&nbsp;&nbsp; "IA", Series 2023-48, Interest Only, 2.5%, 12/25/2050  | 14656076 | &nbsp;&nbsp; 2048022 |
| &nbsp;&nbsp;&nbsp; "PI", Series 2020-86, Interest Only, 2.5%, 12/25/2050  | 28433341 | &nbsp;&nbsp; 4403286 |
| &nbsp;&nbsp;&nbsp; "I", Series 2021-57, Interest Only, 2.5%, 7/25/2051  | 3262177 | &nbsp;&nbsp; 502339 |
| &nbsp;&nbsp;&nbsp; "MI", Series 2021-44, Interest Only, 2.5%, 7/25/2051  | 13965652 | &nbsp;&nbsp; 2356037 |
| &nbsp;&nbsp;&nbsp; "IC", Series 2024-22, Interest Only, 2.5%, 10/25/2051  | 36467816 | &nbsp;&nbsp; 5021117 |
| &nbsp;&nbsp;&nbsp; "ID", Series 2024-22, Interest Only, 2.5%, 10/25/2051  | 33700317 | &nbsp;&nbsp; 4340977 |
| &nbsp;&nbsp;&nbsp; "KI", Series 2012-146, Interest Only, 3.0%, 11/25/2042  | 2145851 | &nbsp;&nbsp; 253004 |
| &nbsp;&nbsp;&nbsp; "IB", Series 2020-43, Interest Only, 3.0%, 10/25/2048  | 2963956 | &nbsp;&nbsp; 479178 |
| &nbsp;&nbsp;&nbsp; "PI", Series 2022-7, Interest Only, 3.0%, 7/25/2050  | 21400614 | &nbsp;&nbsp; 2887899 |
| &nbsp;&nbsp;&nbsp; "LZ", Series 2013-6, 3.5%, 2/25/2043  | 1131270 | &nbsp;&nbsp; 929312 |
| &nbsp;&nbsp;&nbsp; "EA", Series 2018-85, 3.5%, 12/25/2048  | 127893 | &nbsp;&nbsp; 122277 |
| &nbsp;&nbsp;&nbsp; "IA", Series 2024-7, Interest Only, 3.5%, 11/25/2049  | 1586378 | &nbsp;&nbsp; 207545 |
| &nbsp;&nbsp;&nbsp; "DB", Series 2011-111, 4.0%, 11/25/2041  | 191384 | &nbsp;&nbsp; 184874 |
| &nbsp;&nbsp;&nbsp; "PZ", Series 2010-13, 4.5%, 3/25/2040  | 55119 | &nbsp;&nbsp; 52261 |
| &nbsp;&nbsp;&nbsp; "UI", Series 2010-126, Interest Only, 5.5%, 10/25/2040  | 2631454 | &nbsp;&nbsp; 248014 |
| &nbsp;&nbsp;&nbsp; "IO2", Series 2007-W8, Interest Only, 6.0%, 9/25/2037  | 79917 | &nbsp;&nbsp; 9141 |
| &nbsp;&nbsp;&nbsp; "HI", Series 2010-2, Interest Only, 6.5%, 2/25/2040  | 1372565 | &nbsp;&nbsp; 288152 |
| &nbsp;&nbsp;&nbsp; "MU", Series 2025-33, 30 day USD SOFR Average + 4.25%, 7.934% (b), 8/25/2054  | 24149225 | &nbsp;&nbsp; 24752269 |
| Government National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp; "JO", Series 2023-133, Principal Only, Zero Coupon , 9/20/2053  | 5079982 | &nbsp;&nbsp; 3993044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "CS", Series 2020-15, Interest Only, 5.936% minus 1 mo. USD Term SOFR, 1.618% <br> (b), 2/20/2050 <br>| 7513625 | &nbsp;&nbsp; 735611 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "SW", Series 2024-89, Interest Only, 5.93% minus 30 day USD SOFR Average, <br> 1.628% (b), 5/20/2054 <br>| 36703097 | &nbsp;&nbsp; 2350892 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "JS", Series 2019-111, Interest Only, 5.986% minus 1 mo. USD Term SOFR, 1.668% <br> (b), 9/20/2036 <br>| 3898124 | &nbsp;&nbsp; 266993 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "SJ", Series 2019-70, Interest Only, 5.986% minus 1 mo. USD Term SOFR, 1.674% <br> (b), 6/16/2038 <br>| 10352388 | &nbsp;&nbsp; 720962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "SA", Series 2013-110, Interest Only, 5.986% minus 1 mo. USD Term SOFR, 1.674% <br> (b), 7/16/2043 <br>| 3514198 | &nbsp;&nbsp; 350615 |

---

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "SA", Series 2014-60, Interest Only, 5.986% minus 1 mo. USD Term SOFR, 1.674% <br> (b), 4/16/2044 <br>| 8727807 | &nbsp;&nbsp; 859484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "JS", Series 2020-83, Interest Only, 6.036% minus 1 mo. USD Term SOFR, 1.718% <br> (b), 6/20/2050 <br>| 4481024 | &nbsp;&nbsp; 562597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "SP", Series 2012-113, Interest Only, 6.086% minus 1 mo. USD Term SOFR, 1.768% <br> (b), 10/20/2041 <br>| 1393585 | &nbsp;&nbsp; 69655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "SA", Series 2005-84, Interest Only, 6.136% minus 1 mo. USD Term SOFR, 1.824% <br> (b), 11/16/2035 <br>| 941825 | &nbsp;&nbsp; 74948 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "SB", Series 2023-57, Interest Only, 6.15% minus 30 day USD SOFR Average, <br> 1.848% (b), 4/20/2053 <br>| 31554236 | &nbsp;&nbsp; 2158946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "SG", Series 2023-86, Interest Only, 6.3% minus 30 day USD SOFR Average, 1.998% <br> (b), 9/20/2050 <br>| 8399411 | &nbsp;&nbsp; 1159287 |
| &nbsp;&nbsp;&nbsp; "GI", Series 2020-175, Interest Only, 2.0%, 11/20/2050  | 3502365 | &nbsp;&nbsp; 416526 |
| &nbsp;&nbsp;&nbsp; "QE", Series 2021-159, 2.0%, 9/20/2051  | 8074643 | &nbsp;&nbsp; 6659787 |
| &nbsp;&nbsp;&nbsp; "IJ", Series 2021-194, Interest Only, 2.0%, 11/20/2051  | 3383091 | &nbsp;&nbsp; 457053 |
| &nbsp;&nbsp;&nbsp; "IP", Series 2021-194, Interest Only, 2.0%, 11/20/2051  | 652729 | &nbsp;&nbsp; 75536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "SG", Series 2017-60, Interest Only, 6.356% minus 1 mo. USD Term SOFR, 2.038% <br> (b), 2/20/2038 <br>| 6207663 | &nbsp;&nbsp; 615437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "SD", Series 2017-60, Interest Only, 6.406% minus 1 mo. USD Term SOFR, 2.088% <br> (b), 2/20/2038 <br>| 3657749 | &nbsp;&nbsp; 368701 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "SD", Series 2010-68, Interest Only, 6.466% minus 1 mo. USD Term SOFR, 2.148% <br> (b), 6/20/2040 <br>| 4357165 | &nbsp;&nbsp; 513669 |
| &nbsp;&nbsp;&nbsp; "QB", Series 2017-180, 2.5%, 12/20/2047  | 1174000 | &nbsp;&nbsp; 994043 |
| &nbsp;&nbsp;&nbsp; "IA", Series 2022-155, Interest Only, 2.5%, 10/20/2050  | 9156329 | &nbsp;&nbsp; 1387041 |
| &nbsp;&nbsp;&nbsp; "KI", Series 2021-24, Interest Only, 2.5%, 2/20/2051  | 11276383 | &nbsp;&nbsp; 1267375 |
| &nbsp;&nbsp;&nbsp; "EI", Series 2021-105, Interest Only, 2.5%, 5/20/2051  | 4673949 | &nbsp;&nbsp; 712689 |
| &nbsp;&nbsp;&nbsp; "MI", Series 2021-115, Interest Only, 2.5%, 5/20/2051  | 5726398 | &nbsp;&nbsp; 652123 |
| &nbsp;&nbsp;&nbsp; "IC", Series 2025-59, Interest Only, 2.5%, 6/20/2051  | 19900601 | &nbsp;&nbsp; 2945365 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "HS", Series 2014-43, Interest Only, 7.136% minus 1 mo. USD Term SOFR, 2.824% <br> (b), 3/16/2044 <br>| 3763778 | &nbsp;&nbsp; 436441 |
| &nbsp;&nbsp;&nbsp; "CI", Series 2015-74, Interest Only, 3.0%, 10/16/2039  | 948059 | &nbsp;&nbsp; 17895 |
| &nbsp;&nbsp;&nbsp; "XZ", Series 2020-122, 3.0%, 8/20/2050  | 364087 | &nbsp;&nbsp; 196743 |
| &nbsp;&nbsp;&nbsp; "IH", Series 2023-190, Interest Only, 3.0%, 11/20/2051  | 19658085 | &nbsp;&nbsp; 2674458 |
| &nbsp;&nbsp;&nbsp; "DI", Series 2014-102, Interest Only, 3.5%, 7/16/2029  | 61621 | &nbsp;&nbsp; 793 |
| &nbsp;&nbsp;&nbsp; "JI", Series 2013-10, Interest Only, 3.5%, 1/20/2043  | 5546723 | &nbsp;&nbsp; 921094 |
| &nbsp;&nbsp;&nbsp; "ZG", Series 2015-99, 3.5%, 7/20/2045  | 734651 | &nbsp;&nbsp; 679346 |
| &nbsp;&nbsp;&nbsp; "EL", Series 2019-23, 3.5%, 2/20/2049  | 351500 | &nbsp;&nbsp; 311955 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "SG", Series 2025-60, 14.875% minus (2.5 x 30 day USD SOFR Average), 4.12% (b), <br> 4/20/2055 <br>| 31728619 | &nbsp;&nbsp; 30060728 |
| &nbsp;&nbsp;&nbsp; "ZC", Series 2003-86, 4.5%, 10/20/2033  | 183922 | &nbsp;&nbsp; 184488 |
| &nbsp;&nbsp;&nbsp; "ZP", Series 2009-58, 4.5%, 7/20/2039  | 81760 | &nbsp;&nbsp; 76911 |
| &nbsp;&nbsp;&nbsp; "IP", Series 2014-108, Interest Only, 4.5%, 12/20/2042  | 430456 | &nbsp;&nbsp; 6098 |
| &nbsp;&nbsp;&nbsp; "UZ", Series 2010-37, 5.0%, 3/20/2040  | 795089 | &nbsp;&nbsp; 811071 |
| &nbsp;&nbsp;&nbsp; "LB", Series 2024-113, 5.0%, 7/20/2054  | 240412 | &nbsp;&nbsp; 239921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "SL", Series 2025-98, 21.083% minus (3.667 x 30 day USD SOFR Average), 5.3% <br> (b), 6/20/2055 <br>| 6750000 | &nbsp;&nbsp; 6956140 |
| &nbsp;&nbsp;&nbsp; "Z", Series 2006-12, 5.5%, 3/20/2036  | 146939 | &nbsp;&nbsp; 150687 |
| &nbsp;&nbsp;&nbsp; "DZ", Series 2009-106, 5.5%, 11/20/2039  | 340992 | &nbsp;&nbsp; 354819 |
| &nbsp;&nbsp;&nbsp; "IA", Series 2012-64, Interest Only, 5.5%, 5/16/2042  | 1894686 | &nbsp;&nbsp; 292611 |
| &nbsp;&nbsp;&nbsp; "CI", Series 2009-42, Interest Only, 6.0%, 8/16/2035  | 154688 | &nbsp;&nbsp; 29943 |
| &nbsp;&nbsp;&nbsp; "IP", Series 2009-118, Interest Only, 6.5%, 12/16/2039  | 188368 | &nbsp;&nbsp; 41801 |
| &nbsp;&nbsp;&nbsp; JPMorgan Mortgage Trust, "A11", Series 2019-9, 144A, 1 mo. USD Term SOFR + <br> 1.014%, 5.334% (b), 5/25/2050<br>| 1277826 | &nbsp;&nbsp; 1225225 |
| RCKT Mortgage Trust, "A1B", Series 2024-CES9, 144A, 5.683%, 12/25/2044 | 921482 | &nbsp;&nbsp; 925388 |
| **Total Collateralized Mortgage Obligations** (Cost $185,297,956) | **Total Collateralized Mortgage Obligations** (Cost $185,297,956) | &nbsp;&nbsp; **187866800** |

---

------

---

| | | |
|:---|:---|:---|
| **U.S. Government Agency Sponsored Pass-Throughs 5.5%** | **U.S. Government Agency Sponsored Pass-Throughs 5.5%** |  |
| Federal Home Loan Mortgage Corp.: |  |  |
| &nbsp;&nbsp;&nbsp; 6.0%, 10/1/2053  | 2150071 | &nbsp;&nbsp; 2202251 |
| &nbsp;&nbsp;&nbsp; 6.0%, 1/1/2054  | 4008545 | &nbsp;&nbsp; 4103355 |
| &nbsp;&nbsp;&nbsp; 6.0%, 9/1/2054  | 7027279 | &nbsp;&nbsp; 7156843 |
| Federal National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp; 3.5%, 7/1/2055 (a) | 19000000 | &nbsp;&nbsp; 17106555 |
| &nbsp;&nbsp;&nbsp; 5.0%, 7/1/2044  | 830570 | &nbsp;&nbsp; 843558 |
| &nbsp;&nbsp;&nbsp; 5.5%, 7/1/2055 (a) | 4000000 | &nbsp;&nbsp; 3999836 |
| &nbsp;&nbsp;&nbsp; 6.0%, 1/1/2054  | 2643750 | &nbsp;&nbsp; 2869797 |
| **Total U.S. Government Agency Sponsored Pass-Throughs** (Cost $37,902,503) | **Total U.S. Government Agency Sponsored Pass-Throughs** (Cost $37,902,503) | &nbsp;&nbsp; **38282195** |
| **Government & Agency Obligations 1.0%** | **Government & Agency Obligations 1.0%** |  |
| **U.S. Treasury Obligations**  | **U.S. Treasury Obligations**  |  |
| U.S. Treasury Notes, 3.5%, 9/15/2025 (c) (Cost $7,292,978) | 7305000 | &nbsp;&nbsp; **7297010** |

---

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value ($)** |
| **Cash Equivalents 1.2%** | **Cash Equivalents 1.2%** |  |
| DWS Central Cash Management Government Fund, 4.37% (d) (Cost $8,089,295) | 8089295 | &nbsp;&nbsp; **8089295** |

---

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

---

| | | |
|:---|:---|:---|
|  | **Principal** <br>**Amount ($)**<br>| **Value ($)** |
| **TBA Sale Commitments (18.3)%** |  |  |
| **Government National Mortgage Association (8.7)%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government National Mortgage Association, 3.5%, 7/1/2055, TBA (a) (Proceeds <br> $(59807642))<br>| (66525000)<br>| &nbsp;&nbsp; **(60464839)**<br>|
| **U.S. Government Agency Sponsored Pass-Throughs (9.6)%** |  |  |
| Federal National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp; 2.0%, 7/1/2055, TBA (a) | (50000000)<br>| &nbsp;&nbsp; (39568900)<br>|
| &nbsp;&nbsp;&nbsp; 5.0%, 7/1/2055, TBA (a) | (28000000)<br>| &nbsp;&nbsp; (27445068)<br>|
| **Total U.S. Government Agency Sponsored Pass-Throughs** (Proceeds $(66102656)) |  | &nbsp;&nbsp; **(67013968)**<br>|

---

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

---

| | | |
|:---|:---|:---|
|  | **% of Net**<br> **Assets**<br>| **Value ($)** |
| **Total Investment Portfolio** (Cost $1,006,287,779) | 142.2 | &nbsp;&nbsp; **989433263** |
| **Other Assets and Liabilities, Net**  | (42.2)<br>| &nbsp;&nbsp; **(293637096)**<br>|
| **Net Assets** | 100.0 | &nbsp;&nbsp; **695796167** |

---

*For information on the Fund's policies regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements.*

*A summary of the Fund's transactions with affiliated investments during the period ended June 30, 2025 are as follows:* 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Value ($) at** <br>**9/30/2024**<br>| &nbsp;&nbsp; **Purchases** <br>**Cost ($)**<br>| &nbsp;&nbsp; **Sales** <br>**Proceeds ($)**<br>| &nbsp;&nbsp; **Net Realized** <br>**Gain/** <br>**(Loss) ($)**<br>| &nbsp;&nbsp; **Net Change in** <br>**Unrealized** <br>**Appreciation** <br>**(Depreciation) ($)**<br>| **Income ($)** | &nbsp;&nbsp; **Capital Gain** <br>**Distributions ($)**<br>| &nbsp;&nbsp; **Number** <br>**of Shares** <br>**at** <br>**6/30/2025**<br>| &nbsp;&nbsp; **Value ($) at** <br>**6/30/2025**<br>|
| **Cash Equivalents 1.2%** | **Cash Equivalents 1.2%** | **Cash Equivalents 1.2%** | **Cash Equivalents 1.2%** | **Cash Equivalents 1.2%** | **Cash Equivalents 1.2%** | **Cash Equivalents 1.2%** | **Cash Equivalents 1.2%** | **Cash Equivalents 1.2%** |
| DWS Central Cash Management Government Fund, 4.37% (d) | DWS Central Cash Management Government Fund, 4.37% (d) | DWS Central Cash Management Government Fund, 4.37% (d) | DWS Central Cash Management Government Fund, 4.37% (d) | DWS Central Cash Management Government Fund, 4.37% (d) | DWS Central Cash Management Government Fund, 4.37% (d) | DWS Central Cash Management Government Fund, 4.37% (d) | DWS Central Cash Management Government Fund, 4.37% (d) | DWS Central Cash Management Government Fund, 4.37% (d) |
| 212805316  | 526484118  | 731200139  | —  | —  | 2165698  | —  | 8089295  | 8089295  |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;*(a)* *When-issued, delayed delivery or forward commitment securities included.* 

------

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

&nbsp;&nbsp;&nbsp;&nbsp;*(b)* *Variable or floating rate security. These securities are shown at their current rate as of June 30, 2025. For securities based on a* *published reference rate and spread, the reference rate and spread are indicated within the description above. Certain variable* *rate securities are not based on a published reference rate and spread but adjust periodically based on current market conditions,* *prepayment of underlying positions and/or other variables. Securities with a floor or ceiling feature are disclosed at the inherent* *rate, where applicable.* 

&nbsp;&nbsp;&nbsp;&nbsp;*(c)* *At June 30, 2025, this security has been pledged, in whole or in part, to cover initial margin requirements for open futures* *contracts.* 

&nbsp;&nbsp;&nbsp;&nbsp;*(d)* *Affiliated fund managed by DWS Investment Management Americas, Inc. The rate shown is the annualized seven-day yield at* *period end.* 

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

---

| |
|:---|
| *144A: Security exempt from registration under Rule 144A under the Securities Act of 1933. These securities may be resold in* <br> *transactions exempt from registration, normally to qualified institutional buyers.*<br>|
| *CLO: Collateralized Loan Obligation* |
| *Interest Only: Interest Only (IO) bonds represent the "interest only" portion of payments on a pool of underlying mortgages or* <br> *mortgage-backed securities. IO securities are subject to prepayment risk of the pool of underlying mortgages.*<br>|
| *Principal Only: Principal Only (PO) bonds represent the "principal only" portion of payments on a pool of underlying mortgages or* <br> *mortgage-backed securities.*<br>|
| *SOFR: Secured Overnight Financing Rate* |
| *TBA: To Be Announced* |

---

*Included in the portfolio are investments in mortgage or asset-backed securities which are interests in separate pools of mortgages or assets. Effective maturities of these investments may be shorter than stated maturities due to prepayments. Some separate investments in the Government National Mortgage Association issues which have similar coupon rates have been aggregated for presentation purposes in this investment portfolio.*

*At June 30, 2025, open futures contracts sold were as follows:* 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Futures** | **Currency** | &nbsp;&nbsp;&nbsp;&nbsp; **Expiration** <br>**Date**<br>| **Contracts** | &nbsp;&nbsp;&nbsp; **Notional** <br>**Amount ($)**<br>| &nbsp;&nbsp;&nbsp; **Notional** <br>**Value ($)**<br>| &nbsp;&nbsp;&nbsp; **Unrealized** <br>**Depreciation ($)**<br>|
| 10 Year <br> U.S. Treasury <br> Note <br>| USD | 9/19/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 218<br>| &nbsp;&nbsp;&nbsp;&nbsp; 24041551 | &nbsp;&nbsp;&nbsp;&nbsp; 24443250<br>| &nbsp;&nbsp;&nbsp;&nbsp; (401699)<br>|
| 2 Year <br> U.S. Treasury <br> Note <br>| USD | 9/30/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 568<br>| &nbsp;&nbsp;&nbsp;&nbsp; 117792722 | &nbsp;&nbsp;&nbsp;&nbsp; 118157313<br>| &nbsp;&nbsp;&nbsp;&nbsp; (364591)<br>|
| 3 Year <br> U.S. Treasury <br> Note <br>| USD | 9/30/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 223<br>| &nbsp;&nbsp;&nbsp;&nbsp; 47178199 | &nbsp;&nbsp;&nbsp;&nbsp; 47378789<br>| &nbsp;&nbsp;&nbsp;&nbsp; (200590)<br>|
| 5 Year <br> U.S. Treasury <br> Note <br>| USD | 9/30/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 609<br>| &nbsp;&nbsp;&nbsp;&nbsp; 65738589 | &nbsp;&nbsp;&nbsp;&nbsp; 66381000<br>| &nbsp;&nbsp;&nbsp;&nbsp; (642411)<br>|
| U.S. Treasury <br> Long Bond <br>| USD | 9/19/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 44<br>| &nbsp;&nbsp;&nbsp;&nbsp; 4928226 | &nbsp;&nbsp;&nbsp;&nbsp; 5080625<br>| &nbsp;&nbsp;&nbsp;&nbsp; (152399)<br>|
| Ultra 10 Year <br> U.S. Treasury <br> Note <br>| USD | 9/19/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 321<br>| &nbsp;&nbsp;&nbsp;&nbsp; 36095322 | &nbsp;&nbsp;&nbsp;&nbsp; 36679266<br>| &nbsp;&nbsp;&nbsp;&nbsp; (583944)<br>|
| Ultra Long <br> U.S. Treasury <br> Bond <br>| USD | 9/19/2025  | &nbsp;&nbsp;&nbsp;&nbsp; 14<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1611711 | &nbsp;&nbsp;&nbsp;&nbsp; 1667750<br>| &nbsp;&nbsp;&nbsp;&nbsp; (56039)<br>|
| **Total unrealized depreciation** | **Total unrealized depreciation** | **Total unrealized depreciation** | **Total unrealized depreciation** | **Total unrealized depreciation** | **Total unrealized depreciation** | &nbsp;&nbsp;&nbsp;&nbsp; **(2401673)**<br>|

---

***Currency Abbreviation(s)***

------

*USD* *United States Dollar*

------

***Fair Value Measurements***

*Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in three broad levels. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds and credit risk). Level 3 includes significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments). The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities.*

*The following is a summary of the inputs used as of June 30, 2025 in valuing the Fund's investments.* 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Assets** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Government National Mortgage Association  | $— | &nbsp;&nbsp; $841852580 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $841852580 |
| Asset-Backed (a) |  | &nbsp;&nbsp; 23026841 | &nbsp;&nbsp; — | &nbsp;&nbsp; 23026841 |
| Commercial Mortgage-Backed Securities  |  | &nbsp;&nbsp; 10497349 | &nbsp;&nbsp; — | &nbsp;&nbsp; 10497349 |
| Collateralized Mortgage Obligations  |  | &nbsp;&nbsp; 187866800 | &nbsp;&nbsp; — | &nbsp;&nbsp; 187866800 |
| U.S. Government Agency Sponsored Pass-Throughs  |  | &nbsp;&nbsp; 38282195 | &nbsp;&nbsp; — | &nbsp;&nbsp; 38282195 |
| Government & Agency Obligations  |  | &nbsp;&nbsp; 7297010 | &nbsp;&nbsp; — | &nbsp;&nbsp; 7297010 |
| Short-Term Investments  | 8089295 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 8089295 |
| **Total** | **$8089295** | &nbsp;&nbsp; **$1108822775** | &nbsp;&nbsp; **$—** | &nbsp;&nbsp; **$1116912070** |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Liabilities** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Government National Mortgage Association  | $— | &nbsp;&nbsp; $(60464839)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(60464839)<br>|
| U.S. Government Agency Sponsored Pass-Throughs  |  | &nbsp;&nbsp; (67013968)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (67013968)<br>|
| Derivatives (b) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts  | (2401673)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (2401673)<br>|
| **Total** | **$(2401673)**<br>| &nbsp;&nbsp; **$(127478807)**<br>| &nbsp;&nbsp; **$—** | &nbsp;&nbsp; **$(129880480)**<br>|

---

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

&nbsp;&nbsp;&nbsp;&nbsp;*(a)* *See Investment Portfolio for additional detailed categorizations.* 

&nbsp;&nbsp;&nbsp;&nbsp;*(b)* *Derivatives include unrealized appreciation (depreciation) on open futures contracts.* 

The brand DWS represents DWS Group GmbH & Co. KGaA and any of its subsidiaries such as DWS Distributors, Inc. which offers investment products or DWS Investment Management Americas Inc. and RREEF America L.L.C. which offer advisory services.

GNMA-PH3

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** DEUTSCHE DWS INCOME TRUST

- **b. Investment Company Act file number:** 811-04049

- **c. CIK number of Registrant:** 0000747677

- **d. LEI of Registrant:** PZIHX0V87XPKPHRF7Y22

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

  - **Street Address 1:** 875 Third Avenue

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10022-6225

  - **Telephone number:** 212-454-4500

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

- **a. Name of Series:** DWS GNMA Fund

- **b. EDGAR series identifier (if any):** S000005964

- **c. LEI of Series:** 7ZTO776E5MK53FQ3GJ57

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1346074949.53

**Total Liabilities:** $649970720.72

**Net Assets:** $696104228.81

**Cash Not Reported:** $2299132.31

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -338.24000000 | **1-Year:** -2137.73000000 | **5-Year:** -1926.47000000 | **10-Year:** -617.29000000 | **30-Year:** -45.35000000

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

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

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000152123 | 0.06%                | -0.83%               | 1.74%                |
| Class ID C000016427 | 0.09%                | -0.76%               | 1.65%                |
| Class ID C000075471 | 0.09%                | -0.76%               | 1.66%                |
| Class ID C000075469 | -0.02%               | -0.78%               | 1.72%                |
| Class ID C000075470 | -0.08%               | -0.84%               | 1.66%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-3363572.11             | $2671844.41                                |
| Month 2  | $-5766112.12             | $-4009655.62                               |
| Month 3  | $326689.53               | $10825949.30                               |

**Designated Index Information**

- **Index Name:** BBG Fixed-Rate GNMA MBS Index

- **Index Identifier:** BARGNMABRS

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136ABK69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1244000 | PA      | $876614.46    | 0.13%             | 2043-02-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36180KB34<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    331539 | PA      | $309859.75    | 0.04%             | 2043-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38384GKV1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  20019095 | PA      | $2723573.03   | 0.39%             | 2051-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202CP98<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        59 | PA      | $58.85        | 0.00%             | 2026-07-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36296XZY3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    347972 | PA      | $347595.51    | 0.05%             | 2039-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                               | CIM Trust 2018-INV1                                              | CUSIP: 12553XAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1116926 | PA      | $1047771.86   | 0.15%             | 2048-08-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae                                                       | CUSIP: 21H052678<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  78500000 | PA      | $78591845.00  | 11.29%            | 2054-07-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38384ENB7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5079982 | PA      | $3993044.09   | 0.57%             | 2053-09-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136AF2C7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5325597 | PA      | $435948.00    | 0.06%             | 2043-07-25      | Floating      | 1.73%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                            | CUSIP: 01F032674<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  19000000 | PA      | $17106555.00  | 2.46%             | 2054-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202EWF2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    479668 | PA      | $513963.40    | 0.07%             | 2038-09-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137H1RQ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  14384628 | PA      | $1673112.35   | 0.24%             | 2051-08-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36294RPC7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     28739 | PA      | $29836.60     | 0.00%             | 2036-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 3617VYCK3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1509063 | PA      | $1453951.84   | 0.21%             | 2048-12-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137F8UQ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7150020 | PA      | $913081.43    | 0.13%             | 2051-01-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36290XLT5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      3985 | PA      | $3980.40      | 0.00%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36290QU52<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     13840 | PA      | $13990.99     | 0.00%             | 2033-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36176LR64<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     28224 | PA      | $28735.75     | 0.00%             | 2036-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202DXE6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     34224 | PA      | $35764.69     | 0.01%             | 2033-04-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38376UEN5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   6207663 | PA      | $615437.04    | 0.09%             | 2038-02-20      | Floating      | 2.04%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202DMT5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1101 | PA      | $1176.47      | 0.00%             | 2031-04-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202DST9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       393 | PA      | $412.23       | 0.00%             | 2032-04-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36294TZ24<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     30053 | PA      | $31191.71     | 0.00%             | 2036-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38382CRX1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   7513625 | PA      | $735611.35    | 0.11%             | 2050-02-20      | Floating      | 1.62%                 | No            |                  2 | On Loan: No      |
| Freddiemac Strip                                        | Freddie Mac Strips                                               | CUSIP: 3142G9UZ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3264352 | PA      | $233640.49    | 0.03%             | 2042-01-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38383DFA1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    652729 | PA      | $75536.17     | 0.01%             | 2051-11-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136BCM72<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  28433341 | PA      | $4403285.90   | 0.63%             | 2050-12-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202EVQ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     45914 | PA      | $49197.06     | 0.01%             | 2038-08-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 3622AAGA6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4210865 | PA      | $3898069.24   | 0.56%             | 2047-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137FV4H2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3097117 | PA      | $162005.20    | 0.02%             | 2042-01-25      | Floating      | 2.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36241KFJ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    301279 | PA      | $307580.11    | 0.04%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38384N4E2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  36703097 | PA      | $2350891.72   | 0.34%             | 2054-05-20      | Floating      | 1.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36176A5M7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    755303 | PA      | $706924.67    | 0.10%             | 2042-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36200NJ69<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      6855 | PA      | $6986.62      | 0.00%             | 2034-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202DBL4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       435 | PA      | $443.60       | 0.00%             | 2029-04-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36294XAF3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    174467 | PA      | $188210.83    | 0.03%             | 2037-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36291FVF2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     98120 | PA      | $99991.55     | 0.01%             | 2034-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136BF2R3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  26291188 | PA      | $2237183.94   | 0.32%             | 2047-07-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36180CYS2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2544240 | PA      | $2379418.36   | 0.34%             | 2043-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 3620C3TJ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    418052 | PA      | $415078.88    | 0.06%             | 2040-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 3617W1H37<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    640649 | PA      | $620453.44    | 0.09%             | 2049-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38382T4P6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5726398 | PA      | $652123.16    | 0.09%             | 2051-05-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38375DL89<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     81760 | PA      | $76910.73     | 0.01%             | 2039-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202DBZ3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       473 | PA      | $480.09       | 0.00%             | 2029-05-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac Pool                                                 | CUSIP: 3133CWHZ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7027279 | PA      | $7156842.81   | 1.03%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                | BX Trust 2021-ARIA                                               | CUSIP: 05608RAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2996250.00   | 0.43%             | 2036-10-15      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36295ACS2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    201566 | PA      | $217051.65    | 0.03%             | 2037-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202EFB0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      7296 | PA      | $7816.28      | 0.00%             | 2035-09-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136B3QB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    127893 | PA      | $122277.27    | 0.02%             | 2048-12-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38377GWS4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4357165 | PA      | $513669.47    | 0.07%             | 2040-06-20      | Floating      | 2.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36179QRX1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   8205589 | PA      | $7477227.73   | 1.07%             | 2044-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137H1PE0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  17137149 | PA      | $2638872.90   | 0.38%             | 2051-08-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202DHW4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       360 | PA      | $372.27       | 0.00%             | 2030-07-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137H1SY3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  19884986 | PA      | $2520655.05   | 0.36%             | 2051-01-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BPR Trust                                               | BPR Trust 2021-TY                                                | CUSIP: 05592AAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    900000 | PA      | $896646.78    | 0.13%             | 2038-09-15      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136BUBG4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5539729 | PA      | $4479012.42   | 0.64%             | 2055-01-25      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137FXY44<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  12368885 | PA      | $1930695.36   | 0.28%             | 2051-03-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36178WN88<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    329812 | PA      | $308445.73    | 0.04%             | 2042-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136BQJD2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  14656076 | PA      | $2048022.10   | 0.29%             | 2050-12-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                            | CUSIP: 01F030678<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  25000000 | PA      | $21625350.00  | 3.11%             | 2054-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38379CS80<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     61621 | PA      | $792.66       | 0.00%             | 2029-07-16      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Chase Mortgage Finance Corporation                      | Chase Home Lending Mortgage Trust 2019-ATR1                      | CUSIP: 16158RAL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    495592 | PA      | $476856.76    | 0.07%             | 2049-04-25      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38380UFA6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1174000 | PA      | $994042.72    | 0.14%             | 2047-12-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae                                                       | CUSIP: 21H042679<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  23000000 | PA      | $22010494.00  | 3.16%             | 2054-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137F9XG1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  14845146 | PA      | $813114.68    | 0.12%             | 2044-01-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202EGF0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     44505 | PA      | $47678.31     | 0.01%             | 2035-12-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                            | CUSIP: 01F052672<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4000000 | PA      | $3999836.00   | 0.57%             | 2054-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136BGAW1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3634237 | PA      | $519333.95    | 0.07%             | 2051-03-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36180KB42<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    743743 | PA      | $695110.31    | 0.10%             | 2043-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137HJQD2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   8665781 | PA      | $8645092.79   | 1.24%             | 2055-02-25      | Floating      | 6.04%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36179S5L7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    857721 | PA      | $794302.86    | 0.11%             | 2047-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38378FBP4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5546723 | PA      | $921093.88    | 0.13%             | 2043-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202CX32<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       234 | PA      | $239.18       | 0.00%             | 2027-10-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae                                                       | CUSIP: 21H020675<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        | 139500000 | PA      | $113607405.00 | 16.32%            | 2054-07-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 3617W1H60<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    179133 | PA      | $172591.02    | 0.02%             | 2049-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136A2QE6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1433292 | PA      | $105277.02    | 0.02%             | 2041-10-25      | Floating      | 2.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38376UEH8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3657749 | PA      | $368700.78    | 0.05%             | 2038-02-20      | Floating      | 2.09%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38376PSZ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    188368 | PA      | $41800.75     | 0.01%             | 2039-12-16      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36200HZF4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     27151 | PA      | $27322.65     | 0.00%             | 2033-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                  | US LONG BOND(CBT) SEP25                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -44 | NC      | $-152399.63   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38382NPU5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  11276383 | PA      | $1267375.33   | 0.18%             | 2051-02-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137FXC89<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2481433 | PA      | $341193.18    | 0.05%             | 2050-10-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202DTF8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1439 | PA      | $1503.33      | 0.00%             | 2032-06-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202DNN7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       427 | PA      | $454.58       | 0.00%             | 2031-06-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36176D6A6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    182174 | PA      | $181658.15    | 0.03%             | 2041-05-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38382XR56<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   8074643 | PA      | $6659787.07   | 0.96%             | 2051-09-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                          | Carvana Auto Receivables Trust 2021-N3                           | CUSIP: 14687GAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1900552 | PA      | $1831770.87   | 0.26%             | 2028-06-12      | Fixed         | 1.02%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                                    | Fannie Mae REMIC Trust 2007-W8                                   | CUSIP: 31396XVS0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     79917 | PA      | $9141.36      | 0.00%             | 2037-09-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 3620AP5G6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    480230 | PA      | $489084.06    | 0.07%             | 2040-03-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36290TTJ8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    104903 | PA      | $113311.47    | 0.02%             | 2036-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36294R5J4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     88781 | PA      | $93448.66     | 0.01%             | 2036-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202CQV8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        36 | PA      | $36.61        | 0.00%             | 2026-08-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                            | CUSIP: 01F020679<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        | -50000000 | PA      | $-39568900.00 | -5.68%            | 2054-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38374CF63<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    183922 | PA      | $184487.50    | 0.03%             | 2033-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36179WT24<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  14600375 | PA      | $13350167.63  | 1.92%             | 2051-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36241LYS9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    437650 | PA      | $434590.67    | 0.06%             | 2041-01-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 3620AP6X8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    298394 | PA      | $300825.38    | 0.04%             | 2029-03-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36179WNF1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  19701357 | PA      | $17439543.04  | 2.51%             | 2051-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36179F6W0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2614928 | PA      | $2444898.76   | 0.35%             | 2043-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137ATUR1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1399632 | PA      | $1122854.03   | 0.16%             | 2042-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38385FE31<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  31728619 | PA      | $30060728.02  | 4.32%             | 2055-04-20      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36177WUC2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1049741 | PA      | $981736.04    | 0.14%             | 2042-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Octagon Investment Partners XVII LTD                    | Octagon Investment Partners XVII Ltd                             | CUSIP: 67590GBJ7<br>LEI: 54930007Y57X4ONHQV20 | Long             | ABS-CBDO         | CORP              | KY        |   1525000 | PA      | $1523921.83   | 0.22%             | 2031-01-25      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae                                                       | CUSIP: 21H040673<br>LEI: 549300M8ZYFG0OCMTT87 | Short            | ABS-MBS          | USGA              | US        | -17000000 | PA      | $-15801568.00 | -2.27%            | 2054-07-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fontainebleau Miami Beach Trust                         | Fontainebleau Miami Beach Mortgage Trust 2024-FBLU               | CUSIP: 34461WAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    563000 | PA      | $562297.49    | 0.08%             | 2039-12-15      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 3620ASEZ8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1423343 | PA      | $1413762.29   | 0.20%             | 2041-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36294WPH5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    122298 | PA      | $130035.93    | 0.02%             | 2036-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac Pool                                                 | CUSIP: 3142GRFP0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4704698 | PA      | $4824534.31   | 0.69%             | 2054-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                                 | Dryden 43 Senior Loan Fund                                       | CUSIP: 26245CBQ5<br>LEI: 5493002P75UIPU4MC757 | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4002000.00   | 0.57%             | 2034-04-20      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136BGWY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3262177 | PA      | $502339.21    | 0.07%             | 2051-07-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202E3J6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    157945 | PA      | $169238.00    | 0.02%             | 2039-03-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137F7D28<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  29109568 | PA      | $4495114.99   | 0.65%             | 2050-12-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36179RZT9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2716878 | PA      | $2523507.05   | 0.36%             | 2046-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38381VX54<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  10352388 | PA      | $720961.93    | 0.10%             | 2038-06-16      | Floating      | 1.67%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 3618N5KY4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  38335144 | PA      | $39418663.71  | 5.66%             | 2055-04-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 3620AQYU1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    420149 | PA      | $417160.57    | 0.06%             | 2040-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Wind River CLO Ltd                                      | THL Credit Wind River 2019-3 Clo Ltd                             | CUSIP: 97314JAJ4<br>LEI: 549300QKM4OHZM4I5C40 | Long             | ABS-CBDO         | CORP              | KY        |   1591196 | PA      | $1591434.65   | 0.23%             | 2031-04-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36200AGG8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      3080 | PA      | $3119.25      | 0.00%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202EXP9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     81033 | PA      | $86446.02     | 0.01%             | 2038-11-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36176SV23<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     99648 | PA      | $97563.76     | 0.01%             | 2041-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36296MTA6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     19017 | PA      | $20212.07     | 0.00%             | 2038-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36178NFK0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   6077960 | PA      | $5531188.33   | 0.79%             | 2042-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38384QTA6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    240412 | PA      | $239920.73    | 0.03%             | 2054-07-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36200TTG3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     70205 | PA      | $71393.14     | 0.01%             | 2035-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137H8B83<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  20574658 | PA      | $2448718.64   | 0.35%             | 2052-02-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                  | U.S. Treasury Notes                                              | CUSIP: 91282CFK2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7305000 | PA      | $7297010.16   | 1.05%             | 2025-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36295NNM5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      3117 | PA      | $3338.32      | 0.00%             | 2038-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136BBME9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    200000 | PA      | $157554.68    | 0.02%             | 2050-08-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac Pool                                                 | CUSIP: 3132DSL67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4008545 | PA      | $4103354.67   | 0.59%             | 2054-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137F7PV1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4877030 | PA      | $590051.80    | 0.08%             | 2050-12-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137H6CP8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    382179 | PA      | $53376.49     | 0.01%             | 2049-05-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 3620A94V0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    114438 | PA      | $115820.75    | 0.02%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36297A3G6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     13485 | PA      | $13742.67     | 0.00%             | 2038-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 3620AR3L3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    360180 | PA      | $357755.78    | 0.05%             | 2041-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36206C6P9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     66777 | PA      | $66071.67     | 0.01%             | 2041-07-15      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202E2D0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    100214 | PA      | $107379.59    | 0.02%             | 2039-02-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136ABJ87<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1131270 | PA      | $929311.81    | 0.13%             | 2043-02-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38376JAY0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    340992 | PA      | $354819.41    | 0.05%             | 2039-11-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36200KT49<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     19818 | PA      | $20162.58     | 0.00%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                               | Towd Point Mortgage Trust 2025-CRM1                              | CUSIP: 891946AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1396344 | PA      | $1406371.68   | 0.20%             | 2065-01-25      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38385EYL2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  19900601 | PA      | $2945364.78   | 0.42%             | 2051-06-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 3618N5JF7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  17201382 | PA      | $17687568.56  | 2.54%             | 2055-03-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38378EB85<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1894686 | PA      | $292610.71    | 0.04%             | 2042-05-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36290VKX1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    227004 | PA      | $243785.45    | 0.04%             | 2036-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36201LEY6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      9559 | PA      | $9688.71      | 0.00%             | 2034-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38374MEP0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    941825 | PA      | $74948.19     | 0.01%             | 2035-11-16      | Floating      | 1.82%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202FY67<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5104555 | PA      | $4920505.36   | 0.71%             | 2041-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 3617VHR81<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    792321 | PA      | $763385.26    | 0.11%             | 2050-03-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36296R2C0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      4809 | PA      | $5144.10      | 0.00%             | 2038-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38379PAB3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    948059 | PA      | $17894.61     | 0.00%             | 2039-10-16      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust                     | Exeter Automobile Receivables Trust 2021-2                       | CUSIP: 30166RAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $2973933.60   | 0.43%             | 2028-02-15      | Fixed         | 2.21%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36179WLP1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  57747326 | PA      | $49123198.31  | 7.06%             | 2051-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae                                                       | CUSIP: 21H022671<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  29000000 | PA      | $24639473.00  | 3.54%             | 2054-07-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36179TG58<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5300824 | PA      | $5026426.39   | 0.72%             | 2047-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 3620AQ6G3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    125390 | PA      | $127703.53    | 0.02%             | 2040-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36296XFG4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      5704 | PA      | $6104.58      | 0.00%             | 2038-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38378HSA5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1393585 | PA      | $69655.08     | 0.01%             | 2041-10-20      | Floating      | 1.77%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                | BX Commercial Mortgage Trust 2021-SOAR                           | CUSIP: 05608WAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1753476 | PA      | $1753873.82   | 0.25%             | 2038-06-15      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38374UT27<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    154688 | PA      | $29943.29     | 0.00%             | 2035-08-16      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137F1HT8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    785095 | PA      | $717051.45    | 0.10%             | 2047-07-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202DU90<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     11422 | PA      | $11936.73     | 0.00%             | 2032-11-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 31398SBJ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2631454 | PA      | $248014.43    | 0.04%             | 2040-10-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36291AWE5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       360 | PA      | $362.48       | 0.00%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                | Avis Budget Rental Car Funding AESOP LLC                         | CUSIP: 05377RDW1<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    401667 | PA      | $400659.22    | 0.06%             | 2026-08-20      | Fixed         | 3.02%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202DXV8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     16338 | PA      | $17237.65     | 0.00%             | 2033-05-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38381T3Y9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   9156329 | PA      | $1387041.22   | 0.20%             | 2050-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SWCH Commercial Mortgage Trust                          | SWCH Commercial Mortgage Trust 2025-DATA                         | CUSIP: 78489CAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1488902.25   | 0.21%             | 2042-02-15      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38383DEV6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3383091 | PA      | $457052.92    | 0.07%             | 2051-11-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Empower CLO Ltd.                                        | Empower CLO 2023-2 Ltd                                           | CUSIP: 29247BAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1110000 | PA      | $1113215.67   | 0.16%             | 2036-07-15      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 31398MNY8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     55119 | PA      | $52261.39     | 0.01%             | 2040-03-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36296RWF0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      7397 | PA      | $7799.00      | 0.00%             | 2038-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137BJ2C6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3187477 | PA      | $555734.59    | 0.08%             | 2043-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36290SYJ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    183116 | PA      | $186660.63    | 0.03%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae                                                       | CUSIP: 21H030674<br>LEI: 549300M8ZYFG0OCMTT87 | Short            | ABS-MBS          | USGA              | US        | -20000000 | PA      | $-17678780.00 | -2.54%            | 2054-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36296LF39<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     11702 | PA      | $12364.21     | 0.00%             | 2038-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddiemac Strip                                        | Freddie Mac Strips                                               | CUSIP: 3132J0KW6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    163417 | PA      | $147518.66    | 0.02%             | 2046-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38381RPP8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    351500 | PA      | $311954.84    | 0.04%             | 2049-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38382TZW7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4673949 | PA      | $712689.48    | 0.10%             | 2051-05-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| The BAHA Trust                                          | BAHA Trust 2024-MAR                                              | CUSIP: 05493XAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1286000 | PA      | $1331314.78   | 0.19%             | 2041-12-10      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                  | US 5YR NOTE (CBT) SEP25                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -609 | NC      | $-642410.77   | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 31398G5J4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1372565 | PA      | $288152.13    | 0.04%             | 2040-02-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36205UAH3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    630021 | PA      | $641642.35    | 0.09%             | 2041-07-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36178DPF2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1821706 | PA      | $1657859.25   | 0.24%             | 2042-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36179WXK9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   9133347 | PA      | $8081269.64   | 1.16%             | 2052-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36179WQB7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  16279210 | PA      | $14409019.96  | 2.07%             | 2051-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136B67K3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9349294 | PA      | $982540.51    | 0.14%             | 2049-11-25      | Floating      | 1.58%                 | No            |                  2 | On Loan: No      |
| 522 Funding CLO LTD                                     | 522 Funding CLO 2018-3A Ltd                                      | CUSIP: 33835NAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2376966 | PA      | $2377705.19   | 0.34%             | 2031-10-20      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202ECR8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     26243 | PA      | $27897.06     | 0.00%             | 2035-02-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36178DJY8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     75366 | PA      | $68877.60     | 0.01%             | 2042-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136ABGH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2145851 | PA      | $253003.97    | 0.04%             | 2042-11-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38382HRK8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    364087 | PA      | $196742.70    | 0.03%             | 2050-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38382LLM1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3502365 | PA      | $416526.32    | 0.06%             | 2050-11-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Alinea CLO LTD                                          | Alinea CLO 2018-1 Ltd                                            | CUSIP: 016269AE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1759535 | PA      | $1758592.37   | 0.25%             | 2031-07-20      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36179VVY3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  15934929 | PA      | $13567486.70  | 1.95%             | 2050-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae                                                       | CUSIP: 21H060671<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  81000000 | PA      | $82161540.00  | 11.80%            | 2054-07-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202CTR4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        35 | PA      | $35.06        | 0.00%             | 2027-01-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae                                                       | CUSIP: 21H062677<br>LEI: 549300M8ZYFG0OCMTT87 | Short            | ABS-MBS          | USGA              | US        | -33505640 | PA      | $-34391529.12 | -4.94%            | 2054-07-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36297A2G7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     19415 | PA      | $20312.89     | 0.00%             | 2039-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DWS                                                     | DWS Central Cash Management Government Fund                      | CUSIP: 25160K306<br>LEI: 5493003GD84DGSXJ7618 | Long             | STIV             | RF                | US        |   8055676 | NS      | $8055675.51   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136BVQ92<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  24149224 | PA      | $24752269.27  | 3.56%             | 2054-08-25      | Floating      | 7.93%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202FJP2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     84420 | PA      | $81454.87     | 0.01%             | 2040-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38379NT77<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    734651 | PA      | $679345.91    | 0.10%             | 2045-07-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36179W5C8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   8491530 | PA      | $7511379.00   | 1.08%             | 2052-05-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36179WY93<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  39742433 | PA      | $33788621.55  | 4.85%             | 2052-03-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36179XLG9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  28631608 | PA      | $27638909.36  | 3.97%             | 2052-11-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202EZJ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    282911 | PA      | $303138.50    | 0.04%             | 2039-01-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137F6U47<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  29935077 | PA      | $5047068.88   | 0.73%             | 2050-11-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36296SAT2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      3006 | PA      | $3117.08      | 0.00%             | 2038-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36179WR34<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  16975821 | PA      | $15024292.35  | 2.16%             | 2051-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36290UDT0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    282465 | PA      | $305690.08    | 0.04%             | 2037-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36179WXM5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  11213124 | PA      | $10533510.29  | 1.51%             | 2052-02-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                | JP Morgan Mortgage Trust 2019-9                                  | CUSIP: 46651YBB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1277826 | PA      | $1225224.81   | 0.18%             | 2050-05-25      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae                                                       | CUSIP: 21H032670<br>LEI: 549300M8ZYFG0OCMTT87 | Short            | ABS-MBS          | USGA              | US        | -41525000 | PA      | $-37742238.60 | -5.42%            | 2054-07-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                          | Carvana Auto Receivables Trust 2021-N4                           | CUSIP: 14687HAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1063629 | PA      | $1029398.71   | 0.15%             | 2028-09-11      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36176NB42<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    199111 | PA      | $197575.54    | 0.03%             | 2041-06-15      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136BAP40<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2963956 | PA      | $479177.50    | 0.07%             | 2048-10-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202FY59<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3094177 | PA      | $2893532.50   | 0.42%             | 2041-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36179V4U1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  42995305 | PA      | $35061413.36  | 5.04%             | 2051-01-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36213FML4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     40399 | PA      | $41112.75     | 0.01%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                            | CUSIP: 01F060675<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        | -10000000 | PA      | $-10163300.00 | -1.46%            | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36290R5P4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     12170 | PA      | $12393.40     | 0.00%             | 2033-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36179XX35<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  34885775 | PA      | $32742354.94  | 4.70%             | 2053-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                  | US ULTRA BOND CBT SEP25                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -14 | NC      | $-56038.78    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36297AZ63<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      6218 | PA      | $6572.94      | 0.00%             | 2038-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38379DHV9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    430456 | PA      | $6098.17      | 0.00%             | 2042-12-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36292DVW9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    100664 | PA      | $106765.88    | 0.02%             | 2037-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36290RYU1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     30187 | PA      | $30723.50     | 0.00%             | 2033-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36200H2G8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     46471 | PA      | $46896.73     | 0.01%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36291QYC2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     31674 | PA      | $33578.06     | 0.00%             | 2036-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202DPF2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1705 | PA      | $1819.78      | 0.00%             | 2031-08-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136BDC30<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  12792394 | PA      | $539255.69    | 0.08%             | 2040-12-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137F6KW6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2926542 | PA      | $277564.32    | 0.04%             | 2050-11-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136BDEF1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1517833 | PA      | $200406.05    | 0.03%             | 2051-01-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136BRH67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  36467816 | PA      | $5021117.14   | 0.72%             | 2051-10-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136BQZ28<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1586378 | PA      | $207544.75    | 0.03%             | 2049-11-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                  | US 10YR NOTE (CBT)SEP25                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -218 | NC      | $-401698.79   | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                            | CUSIP: 01F050676<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        | -28000000 | PA      | $-27445068.00 | -3.94%            | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38374MC56<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    146939 | PA      | $150686.55    | 0.02%             | 2036-03-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136AE7M3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1847981 | PA      | $151006.86    | 0.02%             | 2043-07-25      | Floating      | 1.73%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                        | CIFC Funding 2020-IV Ltd                                         | CUSIP: 12562RAJ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2005252.00   | 0.29%             | 2040-01-15      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36290WJ86<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     82200 | PA      | $83439.75     | 0.01%             | 2033-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 3620A9YU9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1092780 | PA      | $1089786.81   | 0.16%             | 2039-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36178FZ33<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    200169 | PA      | $187201.85    | 0.03%             | 2042-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust           | J.P. Morgan Chase Commercial Mortgage Securities Trust 2016-NINE | CUSIP: 46646GAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $487500.65    | 0.07%             | 2038-09-06      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management                             | RCKT Mortgage Trust 2024-CES9                                    | CUSIP: 749426AB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    921482 | PA      | $925388.21    | 0.13%             | 2044-12-25      | Variable      | 5.68%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38382GEN8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4481024 | PA      | $562597.07    | 0.08%             | 2050-06-20      | Floating      | 1.72%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202D4C2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1796 | PA      | $1894.43      | 0.00%             | 2034-02-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136BJZC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  17997979 | PA      | $2569133.03   | 0.37%             | 2048-02-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36205UAC4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1269617 | PA      | $1293037.19   | 0.19%             | 2041-07-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136A2UT8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1025355 | PA      | $48624.07     | 0.01%             | 2041-08-25      | Floating      | 2.23%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38378T3B4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3514198 | PA      | $350615.15    | 0.05%             | 2043-07-16      | Floating      | 1.67%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202D2X8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      3649 | PA      | $3850.39      | 0.00%             | 2033-12-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136BCJE1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    521812 | PA      | $79165.27     | 0.01%             | 2050-11-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137HDFQ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7347705 | PA      | $6158956.81   | 0.88%             | 2054-06-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 3617YU3Y8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5102665 | PA      | $4099828.34   | 0.59%             | 2052-03-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202DMC2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     16449 | PA      | $17531.67     | 0.00%             | 2031-03-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36180MYW1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2810693 | PA      | $2627767.10   | 0.38%             | 2043-03-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136A2HP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    191384 | PA      | $184874.35    | 0.03%             | 2041-11-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36296YTP7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     26399 | PA      | $28762.31     | 0.00%             | 2038-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136BLUE8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  21400614 | PA      | $2887898.78   | 0.41%             | 2050-07-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36178DLK5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2582521 | PA      | $2415219.16   | 0.35%             | 2042-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36291J7H7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      3270 | PA      | $3278.80      | 0.00%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38381YMW1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3898124 | PA      | $266992.93    | 0.04%             | 2036-09-20      | Floating      | 1.67%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36241KZ68<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1076569 | PA      | $1099804.76   | 0.16%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137FUHY3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2856199 | PA      | $355833.79    | 0.05%             | 2050-07-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 3620C02U1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    409576 | PA      | $406663.21    | 0.06%             | 2040-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36295WZF7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     20385 | PA      | $21357.73     | 0.00%             | 2039-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202CXA6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       128 | PA      | $130.64       | 0.00%             | 2027-08-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38379AG79<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3763778 | PA      | $436441.15    | 0.06%             | 2044-03-16      | Floating      | 2.82%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137F8DK6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3894069 | PA      | $458542.01    | 0.07%             | 2051-01-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136B6UL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6451199 | PA      | $764210.37    | 0.11%             | 2049-10-25      | Floating      | 1.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36176XKP3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5244632 | PA      | $4904872.71   | 0.70%             | 2042-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae Pool                                                  | CUSIP: 3140FXD58<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    830570 | PA      | $843558.45    | 0.12%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36179NDR6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2613925 | PA      | $2443961.14   | 0.35%             | 2043-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KNDR Trust 2021-KIND                                    | KIND Trust 2021-KIND                                             | CUSIP: 482606AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    991720 | PA      | $980563.05    | 0.14%             | 2038-08-15      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| Continental Finance Credit Credit Card ABS Master Trust | Continental Finance Credit Card ABS Master Trust                 | CUSIP: 66981PAQ1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1012585.40   | 0.15%             | 2032-12-15      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202D6G1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     10680 | PA      | $11353.02     | 0.00%             | 2034-06-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae Pool                                                  | CUSIP: 3140QTUS6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7939052 | PA      | $8208562.45   | 1.18%             | 2054-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137H22E3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  24785697 | PA      | $2940354.26   | 0.42%             | 2051-04-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                  | US 3YR NOTE (CBT) SEP25                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -223 | NC      | $-200590.28   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38376XKB8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    795089 | PA      | $811070.76    | 0.12%             | 2040-03-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 3622A2RL8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3462597 | PA      | $3523333.90   | 0.51%             | 2036-05-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Government National Mortgage Association                         | CUSIP: 38383XKB9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  31554236 | PA      | $2158945.53   | 0.31%             | 2053-04-20      | Floating      | 1.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136BHD55<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  13965652 | PA      | $2356036.80   | 0.34%             | 2051-07-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36178FDF0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    313559 | PA      | $293152.28    | 0.04%             | 2043-07-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136AFG24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3235314 | PA      | $345705.92    | 0.05%             | 2043-07-25      | Floating      | 1.73%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac Pool                                                 | CUSIP: 3132E0MH2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2150071 | PA      | $2202251.14   | 0.32%             | 2053-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 36202DFY2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       571 | PA      | $599.72       | 0.00%             | 2030-02-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                  | US 2YR NOTE (CBT) SEP25                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -568 | NC      | $-364591.13   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae                                                       | CUSIP: 21H050672<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        | 108500000 | PA      | $106570544.50 | 15.31%            | 2054-07-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36296JGD1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     80146 | PA      | $86030.70     | 0.01%             | 2039-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136BRH75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  33700317 | PA      | $4340976.60   | 0.62%             | 2051-10-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | Freddie Mac REMICS                                               | CUSIP: 3137AKVS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    700443 | PA      | $22716.51     | 0.00%             | 2041-05-15      | Floating      | 2.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36296KP63<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     29564 | PA      | $31699.57     | 0.00%             | 2038-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                              | Fannie Mae REMICS                                                | CUSIP: 3136AUDF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    107247 | PA      | $77279.99     | 0.01%             | 2046-11-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                  | US 10YR ULTRA FUT SEP25                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -321 | NC      | $-583943.66   | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36290NK84<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      9555 | PA      | $9564.06      | 0.00%             | 2033-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36295HTA8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     16668 | PA      | $16942.11     | 0.00%             | 2037-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 3620AC4V3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    224353 | PA      | $223613.19    | 0.03%             | 2039-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae I Pool                                                | CUSIP: 36201EBW9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     25800 | PA      | $26298.73     | 0.00%             | 2034-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | Ginnie Mae II Pool                                               | CUSIP: 3618N5MR7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  19946170 | PA      | $20248799.68  | 2.91%             | 2055-05-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-29

**Name of Applicant:** DEUTSCHE DWS INCOME TRUST

**Signature:** Diane Kenneally

**Name of Signer:** Diane Kenneally

**Title:** Treasurer and Chief Financial Officer